ENS Price Tests $27 Support After 4.25% Drop — Will Bulls Hold?

ENS price is slipping 4.25% despite momentum from a recent rebrand — can bulls defend the $27 support?

I’m watching Ethereum Name Service trade at $27.71 after a 4.25% pullback, as it probes key support levels even though the rebrand sparked upside earlier this week.

Under the influence of a Binance Alpha listing, WAI experienced a temporary surge of 932% — I note this sharp, short-lived spike.

Following news of a 51% attack on Monero, I see XMR tumbling more than 10% in 24 hours.

An attacker on Radiant Capital liquidated 3,091 ETH to acquire 13.26 million DAI — I’m tracking the on-chain flow and potential market impact.

ONDO has fallen 3.7% despite Robinhood listing momentum; technical indicators are showing mixed signals as it trades at $0.98.

PancakeSwap (CAKE) faces short-term pressure amid profit-taking, with price down 3.52% to $2.71, though recent launches and weekly gains suggest underlying bullish momentum.

Circle announced ARC, a Layer-1 blockchain focused on stablecoins — I’m noting this strategic development for the stablecoin ecosystem.

Internet Computer (ICP) retraced to $5.35 after a sharp reversal from weekly highs, down 5.12% following heavy distribution at the $5.75 resistance and an RSI hinting at a possible bounce from oversold levels.

Circle reported Q2 2025 results showing a $482 million net loss and USDC circulating supply of $65.2 billion as of August 10 — I’m considering the broader implications for stablecoin markets.

FTX token (FTT) is battling bears at $0.92, down 2.62%, as bearish sentiment outweighs the $16.5 billion creditor payout plan ahead of the August 15 record date.

JasmyCoin (JASMY) is consolidating at $0.02 amid weak bullish signals — RSI is neutral and MACD hints at potential upside, so I’m watching for a breakout or further consolidation.