ANALYSIS
XLM Price Rallies 12% Despite Pullback as Stellar Protocol 23 Upgrade Approaches
Stellar (XLM) trades at $0.43 after a sharp pullback, but bullish fundamentals including the upcoming Protocol 23 upgrade and record TVL keep long-term outlook positive.
TRON (TRX) Hits $0.36 as RSI Signals Overbought Conditions Amid Billion-Dollar Buyback Rally
TRX trades at $0.36 with RSI at 74, showing overbought conditions after 172% yearly gains driven by $1B buyback program and record Q2 financial results.
Litecoin Price Faces Rejection at $134 as LTC Seeks Support Above $120
LTC trading at $121.71 after 7.33% daily decline, testing crucial support levels despite recent bullish momentum and whale activity driving August rally.
Cosmos (ATOM) Price Tests Key Support at $4.52 Despite 6.44% Daily Decline
ATOM price drops to $4.52 amid 6.44% decline, but technical indicators suggest potential bullish reversal as RSI holds neutral territory at 49.42.
Bitcoin Cash (BCH) Faces $592 Correction After $618 Rally Amid Halving Event Anticipation
BCH price drops to $592.40 (-4.51% in 24h) following recent highs near $618, as traders reassess positions ahead of the upcoming halving event.
Uniswap (UNI) Faces 9.4% Drop as DeFi Markets Turn Bearish
UNI price drops to $10.89 amid broader market selloff, testing critical support levels despite maintaining bullish technical structure above key moving averages.
Chainlink Price Drops 6.86% Despite Strong Technical Setup - LINK Eyes $24.74 Resistance
LINK trades at $22.27 after a 6.86% daily decline, but technical indicators suggest bullish momentum remains intact with RSI at 63.51 and strong support at $15.43.
AVAX Price Drops 5.4% as Avalanche Tests Support at $24 Despite Bullish Momentum
Avalanche (AVAX) trades at $24.00 after declining 5.44% in 24 hours, but technical indicators suggest underlying strength with bullish MACD momentum emerging.
DOT Price Drops 6.5% Despite Gavin Wood's Return as Parity CEO
Polkadot trades at $4.00 after a 6.55% daily decline, even as founder Gavin Wood announces his return as CEO of Parity Technologies in late August.
Polygon (MATIC) Faces Technical Challenges Ahead of POL Token Migration
MATIC trades in oversold territory with RSI at 38 as the market awaits major token migration to POL scheduled for August 26, showing mixed signals despite protocol upgrades.
