XRP’s Path to Triple-Digit Gains or a Market Downturn?
Crypto analyst Dark Defender states that XRP is close to completing its ABC correction pattern. The Relative Strength Index (RSI) is at 27, approaching oversold territory, which often indicates a potential bounce. He predicts a rise to $3 in the near future, possibly even $5 to $8 if it maintains support above $1.88–$1.91.
Litecoin (LTC) Surges as Whales Accumulate Amid Market Uncertainty
Litecoin has demonstrated resilience amidst broader market weakness, bolstered by significant whale accumulation. On-chain data from IntoTheBlock shows that large holders transacted 75.5 million LTC following a market dip caused by Donald Trump’s tariff announcement. Rather than selling off, whales took the opportunity to accumulate 84.8 million LTC, valued at approximately $900 million.
A technical analysis of LTC’s price movement indicates a critical support zone between $105.53 (Fib 0.5 level) and $115.45 (Fib 0.618 level). The price is currently testing this area, suggesting a potential bounce if buying pressure persists. However, a drop below these levels could push LTC towards the 200-day EMA at $99.22, a key long-term support level.
Market commentator Peter Brandt has identified a short-term trading opportunity in LTC. His chart analysis highlights a trading range centered around $114.98 per coin, suggesting a possible breakout. If LTC surpasses $147.55 (Fib 1 level), it could target the $199.48 mark (Fib 1.618 level), representing a 42% upside.
PEPE Attracts Whales as Meme Coin Rotation Shifts Sentiment
PEPE continues to draw whale interest despite being 74% below its all-time high, currently trading near $0.00000740. Analyst Murad noted that 17% of PEPE whales have never sold, indicating strong holding conviction.
PEPE/USD 1-day chart. Source: TradingView
The chart reveals PEPE hovering around a critical support zone at $0.00000780, just above its lowest range. A breakdown could push the price to $0.00000481, while a successful bounce may target $0.00002838, marking a potential 280% upside. The 50-day and 200-day EMAs (Exponential Moving Averages) are acting as resistance, restricting any immediate bullish momentum.
Skepticism surrounding Solana-based meme coins due to concerns about rug pulls could shift investor focus towards more established assets like PEPE. However, with its RSI at 31.14, PEPE is nearing oversold territory, suggesting a potential reversal if buying pressure increases.
Conclusion
XRP, Litecoin, and PEPE exhibit contrasting market trends, with analysts divided on their next movements. XRP faces a critical test as it navigates key support and resistance levels, while Litecoin benefits from strong institutional demand. PEPE, despite its volatility, continues to attract whale accumulation, hinting at a potential rebound.