Litecoin tests critical support at $92 as hashrate surges 117%, indicating potential undervaluation. Market structure shifts higher with LTC hovering at $92.33. Despite a 20% monthly drop, signs of stabilization and miner confidence suggest potential for a bounce from $80 support. Technical indicators point to a consolidation phase before the next directional move.
TON crashes to $1.71 after losing nearly a quarter of its value in just one month. Massive $161M token unlock scheduled this week threatens additional selling pressure. Coinbase roadmap inclusion and Europe’s first Toncoin ETP launch fail to stem bleeding.
Shiba Inu plummeted 14.9% post-Japan Green List approval, dipping below critical support at $0.0000095. Market structure shifts lower as technical breakdown outweighs positive regulatory news. Bulls now defend $0.0000086 support zone amid oversold indicators and a 14.9% weekly decline erasing December gains.
Stellar’s XLM bounces from monthly lows near $0.235, reaching $0.250 after Wirex partnership announcement. Smart contract activity surges to 5-year high as bulls defend 50-day EMA at $0.247. Will this news-driven recovery be sustainable or will sellers overpower?
Avalanche’s price action tells a story of sustained selling pressure, with AVAX tumbling 15% over the past week to $14.30 after failing to sustain any meaningful bounce from recent lows. The decline extends a brutal six-month slide that has now erased 58% from yearly highs, with the token down 30% in just the past month alone. System upgrades focusing on interoperability enhancements couldn’t stem the bleeding as broader market weakness overwhelmed any positive fundamental developments. The main question for traders is: has AVAX finally found a floor at these deeply oversold levels, or does the chart suggest more pain ahead?
Chainlink’s price action tells a story of technical breakdown overwhelming positive fundamentals. The oracle network’s native token shed 26.7% over the past month, erasing gains from November’s rally despite a flurry of bullish ecosystem news. Currently trading at $13.68, LINK has given back nearly all of its yearly gains.
Sui’s price action tells a brutal story of broken promises and shattered support levels. The token has collapsed 60% from its October peak, currently changing hands at $1.55 despite a flurry of positive developments including record-breaking DEX volumes for three consecutive quarters and expansion into real-world payments through Travala. What started as a controlled pullback in November accelerated into a devastating drop that erased months of gains in weeks. The main question for traders is: does the confluence of extreme oversold readings and major support at $1.55 mark the capitulation bottom, or will the selling pressure that overwhelmed positive fundamentals continue to new lows?
Cardano’s brutal descent accelerated this week as ADA shed another 19.4%, bringing its monthly decline to a devastating 31.2%. The token now trades at $0.449, down 38.7% from its yearly peak, as sellers overwhelmed every attempt at recovery. Charles Hoskinson’s recent unveiling of Midnight blockchain developments and the advancing Senate crypto bill draft provided little relief to the relentless selling pressure. The main question for traders is: has ADA finally found a floor at this critical support level, or will the bearish momentum drag prices toward the psychological $0.40 mark?
DOGE Drops 19.5% as ETF Speculation Meets Whale Distribution. Dogecoin shed nearly 20% this month despite two ETF applications hitting regulatory desks. Whale sell-off totaled $700M, pushing price to $0.157. Mid-tier accumulation suggests smart money sees value at current oversold levels.
Solana’s price action tells a tale of two competing forces this December. The blockchain’s native token SOL has shed $68 from its monthly peak at $205.24, a devastating 27% decline that wiped out three weeks of gains despite major ETF product launches from institutional giants. What’s interesting is how the $136 level continues to act as a magnet for buyers – precisely where SOL traded one week ago and one month ago, creating a triple confluence that traders are watching closely. The main question for traders is: can the influx of institutional ETF products provide enough buying pressure to defend this critical support, or will the broader market correction overwhelm the positive catalyst?