Massive Einzahlungen von Stablecoins verdeutlichen die sich verändernden Kapitalströme auf Binance, obwohl Bitcoin aufgrund von Verkäufen durch Großinvestoren und massiven Liquidationen unter 110.000 US-Dollar gefallen ist.
Synthetix price soars 20% amid volume spike: here’s why
- Synthetix’s native token SNX spiked more than 20% in 24 hours to hit $0.79.
- Daily volume rocketed 700% to over $147 million, with Synthetix benefiting from a broader crypto bounce.
- The Synthetix network’s move to launch its perps DEX on the Ethereum mainnet has helped SNX price.
Synthetix (SNX), a decentralized futures protocol with trading support on Ethereum, has seen its price surge by 20% within the last 24 hours as Bitcoin leads a minor bounce for the crypto market.
The SNX token, which has climbed alongside notable gains for Ethereum, Solana and XRP, hit intraday highs of $0.79.
Price gains for the altcoin happened alongside a significant jump in daily volume, with bulls attempting to break above a level that has previously constrained upside momentum around $0.80.
Synthetix (SNX) pops 20% in 24 hours – here’s why
The crypto market, still reeling from recent losses, is showing early signs of recovery as buyers attempt to regain control.
Bitcoin has reclaimed the $110,000 mark after a sharp dip, while Ethereum has climbed back above $4,560, holding steady despite broader risk asset pressure.
Solana has broken past $204, and XRP is eyeing the $3.70 level, both reflecting improved sentiment.
Within this backdrop, Synthetix has surged 20%, standing out as one of the stronger performers.
The rally comes as decentralised finance tokens show renewed strength, aided by Synthetix’s recent launch of the first perpetual exchange on the Ethereum mainnet—a development seen as a key catalyst for the token’s momentum over the past week.
In the period, SNX price has jumped by double digits, helped by the rollout of pre-deposits and a chance for traders to get on the Synthetix mainnet alpha whitelist.
The launch of SLP vault, a liquidity pool offering access to liquidity across all perp markets and an opportunity to rank among the first to earn SNX points, has driven a lot of the market activity for Synthetix.
Network support for gasless trading is also a huge move for the perps DEX.
Not for long.
Synthetix Mainnet will have gasless trading. https://t.co/Vdhuia1452
— Synthetix ⚔️ (@synthetix_io) August 26, 2025
SNX price forecast
While SNX price hovers at $0.79 and eyes gains towards $1, the altcoin remains well off its all-time peak of $28.53 reached in 2021.
Synthetix has also struggled since rejecting the December 2024 peak of $3.40.
Despite this largely negative trend, analysts are seeing a short-term bullish flip for Synthetix’s price.
If SNX successfully takes out the resistance at $0.80 and $0.85, bulls could eye the $1 mark.
Technical indicators on the daily chart support this outlook. The Relative Strength Index (RSI) is at 57, signalling potential for continuation.
Meanwhile, the Moving Average Convergence Divergence (MACD) is signalling a strengthening of upward momentum after a bullish crossover.
However, volatility remains a concern, and the $0.60 zone could offer support if bears pick up the advantage.
Traders taking profit or whale activity taking hold will be a key watch in the coming days for Synthetix, particularly after its 20% surge.
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Bitcoin Cash price forecast: BCH bounce back confirmed, $600 in view
- The Bitcoin Cash (BCH) price has rebounded from $533, regaining bullish momentum above key supports.
- Whales are driving activity as retail participation stays near multi-year lows.
- A break above $572 could open the path toward $600 and beyond.
Bitcoin Cash (BCH) has clawed back from recent lows, reigniting optimism that the cryptocurrency could soon test the $600 mark.
After sliding to $533.34 on August 26, BCH rebounded more than 3% in 24 hours, a move analysts say confirms a near-term bottom and signals momentum may be shifting back to the bulls.
Bounce restores confidence
The quick recovery followed weeks of consolidation that had dampened enthusiasm around Bitcoin Cash.
The sharp rebound suggests buyers are once again stepping in at key levels.
Technical signals point to renewed strength, with a hidden bullish divergence on the daily RSI indicating momentum buildup beneath the surface.
BCH continues to trade within a bullish ascending channel, though resistance near $572 remains a critical test.
According to market analysis, an hourly close above that barrier could confirm a breakout, potentially accelerating gains.
Retail activity mutes as whales step in
On-chain data shows that whales were in an accumulation spree during the downturn, with whale transactions worth $482 million on August 7 — the biggest spike since early July.
Notably, large holders often move ahead of rallies, and a similar wave of activity preceded a 75% surge in July.
However, activity among smaller players remains subdued.
The daily active BCH addresses hover near six-year lows at about 19,000, highlighting weak organic adoption.
This divergence suggests speculation, not retail demand, is driving current moves.
Sustained whale inflows will be key in determining whether momentum carries forward.
The key resistance and support levels in focus
Looking at the BCH price chart, the cryptocurrency must hold above $544.23 to maintain its upward bias.
In addition, a break above $569.77 could pave the way to $595.84 and even $638.56, with Fibonacci targets at $607 and $664 adding weight to the bullish case.
Sharky, a well-followed trader, believes BCH could mirror its June rally, when it surged shortly after Bitcoin.
He highlights a 74-week trend break retest that he says points to a strong long-term setup.
In June 23 $BCH Exploded right after $BTC I would not be surprised if becomes the protagonist again in coming weeks
74 Week trend break retest looks like something you may want to size long rn pic.twitter.com/zRLsVC4r5H
— Sharky (@SharkyCT) August 26, 2025
AltWolf, another crypto analyst, highlights the formation of a double top pattern, noting Bitcoin Cash has lost the four-hour 200 EMA and broken below a multi-month uptrend channel.
He argues it may be premature to stay bullish given the weakening structure.
$BCH Bulls Warning Double top is in
we have lost 4H 200EMA
Loosing 4 months + Uptrend Channel
we are having Higher lows now , it will be better not to be Bullish anymore #BCH #BCHUSDT #Bitcoincash pic.twitter.com/bDp1PHHAXN— AltWolf🐺 (@AltwolfCrypto) August 26, 2025
According to analysts at CoinLore, losing the $544.23 support could trigger a retreat toward $527.41 with the chance of an even deeper slide that might bring the July swing low of $516 into play, threatening the broader bullish channel.
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Bitcoin (BTC)-Rückgang wie in Q2: Coinbase-Prämie im Plus
Bitcoin wiederholt laut Analysen das frühere Kursverhalten von BTC, da ein Comeback der Coinbase-Prämie zusammen mit positiven ETF-Zuflüssen zu einer Erholung des Kryptomarktes führt.
Litecoin price forecast: what next as LTC drops to key support?
- Litecoin trades near $112, just in the green on the day but at risk of fresh losses.
- The LTC price hovers at key support level as bulls attempt to hold bears off.
- Bullish crypto market and catalysts such as spot Litecoin exchange-traded funds could help LTC go higher.
Litecoin (LTC) is trading at $112, about 2% up in the last 24 hours, but in the red over the past week and month time frames.
Meanwhile, the 24-hour trading volume of $694 million is more than 22% down on the previous day as top altcoins look to bounce.
As LTC price drops towards the $110 level, can bulls hold onto gains or is the altcoin poised for a revisit of the psychological $100 mark and lower?
Litecoin price forecast: Is LTC set for a revisit of $90 next?
Litecoin price has broken below the middle line of an ascending channel pattern. Price at $112 suggests a broader crypto pullback could accelerate LTC’s dip to support at $100 and possibly to $90.
The technical indicators on the daily chart support a likely flip lower, with RSI and MACD giving sellers the upper hand.
Open Interest has also dropped slightly, down to $994 million from the record highs of $1.27 billion hit recently as LTC spiked. OI in Litecoin futures does notably remain higher than the lows of $800 million seen in early August.
A break above $120 could thus allow bulls to test the upper channel barrier near $140 and aim for the psychological $200 mark.
While the Moving Average Convergence Divergence (MACD) indicator shows a bearish crossover from mid-August and prints red histogram bars, a mixed setup has other indicators signaling potential resilience.
For instance, the Relative Strength Index (RSI) on the daily chart sits at 46, but is upsloping to suggest buyers could keep off a fresh dip towards the oversold territory.
If RSI pops above the neutral point of 50 and market conditions align, LTC could see the above scenario play out.
What could help Litecoin price higher?
Network growth, including a significant hashrate spike, suggests confidence in the proof-of-work coin.
This and market sentiment point to a scenario where bulls ride the overall crypto uptick in the coming months to drive higher.
The upcoming approval of spot ETFs, with Litecoin among those with notable high odds of a nod, add to this outlook.
In this case, the SEC’s October 2025 decisions on spot Litecoin ETFs from Grayscale, Bitwise, and CoinShares, which carry a 90% approval probability, per Bloomberg analysts, could be huge catalysts.
Experts say a SEC approval for LTC spot ETFs could drive institutional inflows of up to $500 million in Litecoin at launch, printing the trajectory that saw Bitcoin’s price rally to new highs in early 2024.
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