XRP’s Path to Triple-Digit Gains or a Market Downturn?
Crypto analyst Dark Defender states that XRP is nearing the conclusion of its ABC correction pattern. The Relative Strength Index (RSI) is at 27, approaching oversold territory, which often indicates a potential bounce. He predicts a climb to $3 soon, and possibly even $5 to $8 if it remains above the support levels of $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 reveals that large holders transacted 75.5 million LTC following a market dip triggered by Donald Trump’s tariff announcement. Rather than selling off, whales capitalized on the opportunity to accumulate 84.8 million LTC, valued at approximately $900 million.
A technical analysis of LTC’s price action 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 continues. However, a breakdown below these levels could drive LTC towards the 200-day EMA at $99.22, a significant long-term support.
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, indicating 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 interest from whales despite being 74% below its all-time high, currently trading near $0.00000740. Analyst Murad noted that 17% of PEPE whales have never sold, reflecting strong holding conviction.
The chart displays PEPE hovering around a critical support zone at $0.00000780, just above its lowest range. A breakdown could push the price down to $0.00000481, while a successful bounce may target $0.00002838, indicating a potential 280% upside. The 50-day and 200-day EMAs (Exponential Moving Averages) are acting as resistance, limiting any immediate bullish momentum.
Skepticism surrounding Solana-based meme coins due to rug pull concerns may shift investor focus toward 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 present contrasting market trends, with analysts divided on their next moves. XRP faces a crucial 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 possible rebound.