Technical Analysis

Technical Analysis

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APT Slips 4% After Breaking $4.77 Technical Support Level

The price has now stabilized around $4.771, suggesting potential consolidation after a sharp decline.

Aptos

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TON Surges 3%, Outperforming Declining CoinDesk 20

Telegram's native token is showing strength on lower timeframes amid broader market volatility, establishing new technical resistance levels.

TON

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Bitcoin's 50-Day Average Hits Record High, but There's a Catch

The spread between the spot price and the 50-day SMA continues to narrow in a sign of waning momentum.

Cryptocurrencies are likely to surge in the coming days. (lizzyliz/Pixabay)

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TON Dips as 'Double Top' Pattern Potentially Signals Short-Term Bearish Trend

Market volatility intensifies as key short-term support levels break down.

CoinDesk

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Litecoin Holds Support Level as Layer-2 Launch Signals Broader Utlity

Despite macro pressure and a bearish chart setup, Litecoin is gaining traction on the rollout of a layer-2 network and other developments.

Litecoin price chart (CoinDesk Research)

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AVAX Drops 4% as Critical Short-Term Support Breaks

Avalanche's downward spiral accelerates as key technical levels fail, signaling potential further losses ahead.

AVAX

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BNB Hovers Near $668 as Binance Alpha, PancakeSwap Growth Offset Selling Pressure

However, regulatory tension and market volatility persist, with a potential breakout pushing prices towards $790.

BNB price chart over the past 30 days (CoinDesk Data)

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ETH's Recovery Builds Strength Above $2,620 With Traders Eyeing $2,700

Despite macro uncertainty, ether bounced off key support with high volume, helping reinforce bullish structure above $2,620.

Ethereum (ETH) 24-hour price chart showing recovery from $2,584 to above $2,620 on June 4, 2025

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Shiba Inu Breaks High-Volume Support, PepeCoin Fails to Top 200-Day Average

SHIB's price volatility included a peak at 0.00001336 and a decline to 0.00001297, with significant trading volume.

SHIB price chart. (CoinDesk)