FLOKI Drops 8.2% Amid Broad Altcoin Pullback — Monitor Support and Whale Flows
I observe FLOKI sliding 8.2% over the past 24 hours while RSI sits at a neutral 46.65; nonetheless, my technical read is that the underlying bullish impulse remains intact despite this short-term weakness. I’m watching key support levels for potential buying opportunities as momentum indicators still favor the upside.
I note Zora has hit a new all-time high — I’m weighing whether this is organic network growth or short-term lift from Coinbase-related activity.
Binance Alpha will list Overlay Protocol (OVL) on August 14; eligible users can redeem Alpha Points for an airdrop, which could act as a catalyst for OVL liquidity and short-term interest.
I’m tracking reports that Stripe is developing a payment blockchain called 'Tempo' with Paradigm, a development that could have longer-term implications for crypto payments infrastructure.
Spot Ether ETFs in the U.S. recorded a daily inflow of $1 billion for the first time, a signal I consider bullish for ETH demand and institutional adoption.
A whale moved 500 BTC off Binance an hour ago and currently holds a total of 3,000 BTC; additionally, three addresses possibly linked to the same whale staked and deposited 14,942 ETH to Binance — moves I’m monitoring closely for liquidity and sentiment impacts.
I see CRV down 8.2% to $0.92, yet technicals still suggest bullish momentum as price remains above critical support near $0.85.
INJ trades at $13.64 (-5.34%) with a neutral RSI of 50.93. I believe today’s primitive launch could trigger a breakout above $15.39 toward a $20 target if momentum resumes.
An analyst note catches my attention: BTC often dips before CPI or PPI prints and then rebounds quickly after the data — a pattern I’m considering when timing entries.
Algorand (ALGO) has reclaimed $0.25 despite Tether USDT delisting news; I’m seeing resilience and technical signals that hint at potential upward momentum.
I’m concerned by reports of a successful 51% attack on Monero attributed to Qubic; they claim it was a technical demonstration rather than malicious, but this raises questions about chain security and trust.
PEPE is down 7% after last week’s breakout above $0.00001230, with mixed technical signals amid continued whale accumulation — I’m watching for follow-through or consolidation.
Binance Wallet is slated to launch the exclusive TGE for Cherry AI (AIBOT), a listing event I expect to attract trader interest.
WIF (dogwifhat) is testing critical support at $0.90 after an 8% drop; technicals look mixed and I’m monitoring for potential failure or a bounce.
HBAR pulled back 5.89% to $0.25 after breaking resistance near $0.2635; indicators point to consolidation ahead, which I’m treating as a pause rather than a reversal.
LDO shows a bullish impulse at $1.49 despite an overbought RSI of 75.76; I’m cautious around the key resistance at $1.62 for Lido DAO traders.
I note an entity labeled Shield Wall resupplied and laundered 2,280 ETH via Tornado Cash, a development that could raise on-chain privacy and compliance concerns.
AAVE remains above $294 amid mixed signals and market volatility, creating notable trading opportunities as liquidation risks and momentum indicators conflict.
NEAR is testing critical support levels that I’m watching for potential entry points if buyers step in.
Celestia (TIA) fell 6.7% to $1.71 with mixed technicals; I see this as a potential buying window for risk-tolerant traders near support zones.
Filecoin (FIL) is struggling at $2.47 despite AI storage partnership news; I’m monitoring whether fundamental announcements translate into sustained price strength.
Finally, Metaplanet increased its Bitcoin reserves with a $61 million purchase — a signal I interpret as continued institutional accumulation interest in BTC.
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The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.