Kategorie: Crypto Analysis

Key takeaways

• XLM extends its loss for a fourth straight day as retail sentiment weakens and futures positioning declines. 
• The token remains under bearish technical pressure, but is holding above its 200-day EMA and showing fading momentum. 

Stellar’s XLM extends its declines for a fourth consecutive session on Thursday, as selling pressure intensified across the cross-border payments sector. The token continues to struggle with weakening retail sentiment.

The broader correction highlights fading enthusiasm for remittance-focused crypto assets, which had previously benefited from narrative-driven rallies tied to institutional adoption and real-world asset tokenization themes.

Retail sentiment cools as futures positioning contracts

Recent derivatives data points to a sharp unwind in speculative positioning across both assets.

XLM futures open interest dropped to $260.35 million on Thursday, down significantly from Monday’s peak of $358.78 million, according to CoinGlass. 

The steady decline suggests traders are scaling back bullish bets that had formed around optimism linked to the Depository Trust & Clearing Corporation (DTCC) partnership and asset tokenization narrative.

Stellar holds key support, but momentum weakens

The XLM/USD 4-hour chart is bearish and efficient as Stellar is down 9.5% in the last 24hours. Unlike XRP, Stellar is still maintaining a more constructive technical structure, trading above $0.2110 and holding above its 200-day EMA near $0.1975.

However, short-term momentum is deteriorating. The RSI has cooled sharply from overbought levels to around 44, signaling a growing bearish strength. Meanwhile, the MACD is approaching a potential bearish crossover as upward momentum continues to contract.

Immediate support is anchored at the 200-day EMA, and a breakdown below this level could trigger a deeper correction toward prior consolidation zones.

On the upside, a rebound from current levels could see XLM retest resistance near $0.2579, which previously capped gains in late May.

XLM now sits at a technical crossroads, with weakening derivatives positioning and fading retail enthusiasm weighing on sentiment.

The current market conditions remain bearish as macroeconomic conditions suggest that the ongoing selloff could continue in the near to medium term.

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Hyperliquid’s native token, HYPE, dropped below $70 on Thursday after delivering an 80% gain in May. The dip comes amid renewed weakness across the broader cryptocurrency market, where Bitcoin (BTC) slipped below $63,000 and sparked a wave of risk-off sentiment among investors.

A key catalyst behind HYPE’s recent surge has been rising institutional participation. Newly launched HYPE-focused exchange-traded funds (ETFs) attracted roughly $135 million in inflows last month, highlighting growing demand from professional investors and helping drive the token into price discovery territory.

While momentum remains firmly bullish, analysts caution that the rally has become increasingly stretched, even as long-term projections point toward a potential move above the $100 mark.

Capital rotates from Bitcoin ETFs to Hyperliquid products

Institutional flows reveal a stark contrast between Bitcoin and Hyperliquid investment products.

Bitcoin ETFs recorded $396.6 million in net outflows on Wednesday, extending cumulative withdrawals to $4.37 billion over the past 13 trading days. The trend suggests waning institutional appetite for the world’s largest cryptocurrency amid broader market uncertainty.

By comparison, HYPE-focused ETFs attracted $2.99 million in inflows on Wednesday, marking their 15th consecutive day of positive flows and bringing total inflows to approximately $140 million.

The data points to a broader rotation of capital toward exchange-related tokens, as investors increasingly focus on platforms generating tangible revenue and expanding their product ecosystems.

Further reinforcing this trend is the launch of Grayscale’s HYPE-focused ETF on Thursday, a development widely viewed as another sign of growing institutional confidence in the Hyperliquid ecosystem.

Hyperliquid’s growth story extends beyond ETF demand. According to Hyperscreener data, the platform’s HIP-3 protocol—which enables 24/7 trading of tokenized real-world assets (RWAs), including publicly listed stocks, pre-IPO shares, and commodity perpetual futures—generated $62.63 billion in trading volume during May.

The milestone marks the third consecutive month in which HIP-3 volume exceeded $60 billion, underscoring the platform’s expanding role as an “everything exchange” serving multiple asset classes.

HYPE price outlook: Can HYPE reach $100?

HYPE traded above $67 at the time of writing, extending a rally that has now lasted five consecutive weeks.

Technical indicators continue to support a bullish outlook, although they also suggest the token may be approaching overheated conditions. The Relative Strength Index (RSI) sits at 82 on the weekly chart, deep in overbought territory, while the Moving Average Convergence Divergence (MACD) indicator remains firmly positive with expanding bullish momentum.

From a technical perspective, HYPE is approaching the 127.2% Fibonacci extension level at $79.40. A decisive weekly close above this resistance could pave the way for a move beyond the psychologically important $100 threshold.

Should bullish momentum continue, the next major upside target sits near the 161.8% Fibonacci extension level at $114.75, which also aligns with a long-term overhead trendline.

Despite the strong uptrend, investors should remain aware of potential downside risks. The first significant support level lies near $59.45, which previously acted as a major Fibonacci high. If selling pressure intensifies, additional support could emerge around the 78.6% Fibonacci retracement level at $47.34.

For now, sustained institutional inflows, growing trading activity, and expanding product offerings continue to support the bullish case for Hyperliquid as it attempts to establish itself as one of the crypto market’s strongest-performing assets.

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Key takeaways

• XRP has dropped below $1.25 after three straight days of losses, its lowest level since February 6.
• The bearish performance comes as the broader crypto markets remain under pressure from geopolitical tensions. 

Ripple’s XRP has dropped below the $1.25 support level on Tuesday after extending losses for a third consecutive day, marking its weakest price since February 6. 

The broader cryptocurrency market continues to face selling pressure as investors adopt a risk-off stance, driven by escalating geopolitical tensions in the Middle East.

Although U.S. President Donald Trump suggested that a peace deal with Iran could be reached “over the next week,” uncertainty persists. 

A CNN report also indicated that negotiations between the two countries resumed shortly after Iran paused talks following Israel’s offensive in Lebanon, further contributing to market volatility.

Mixed capital flows show continued institutional interest in XRP

Despite the price decline, XRP continues to attract institutional inflows across digital investment products, including U.S.-listed spot exchange-traded funds (ETFs).

According to CoinShares, roughly $20 million flowed into XRP-related products in the week ending June 1, making it one of only a few assets to record meaningful inflows above $1 million.

At the ETF level, XRP spot products recorded $4.13 million in net inflows last week, extending a five-week streak of positive flows. 

Cumulative inflows have reached approximately $1.43 billion, with total net assets under management standing at $1.11 billion, according to SoSoValue data.

XRP technical outlook: bearish pressure builds below key moving averages

XRP is currently trading around $1.23, remaining below its key short-, medium-, and long-term moving averages, reinforcing a bearish near-term structure.

Momentum indicators also reflect continued downside pressure. The MACD histogram remains negative, while the Relative Strength Index (RSI) sits near 37, approaching oversold territory but still indicating persistent bearish momentum.

If the bulls regain control, immediate resistance is seen at the 50-day EMA around $1.38, followed by the 100-day EMA near $1.45. 

A stronger rebound would require a break above a descending trendline near $1.52. A broader trend reversal would only be signaled if XRP can reclaim the 200-day EMA around $1.65.

While institutional inflows continue to provide underlying support, XRP remains under pressure from broader macro uncertainty and technical weakness. 

With the buyers failing to defend the $1.25 support level, XRP could likely drop below $1.20 in the near term.

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Key takeaways

• HYPE hit a new all-time high of $75 on Tuesday, driven by rising institutional demand amid broader market weakness.
• Grayscale has advanced plans to launch its spot Hyperliquid ETF HYPG this week.

Hyperliquid’s native token, HYPE, surged to a new all-time high of $75.52 on Tuesday, extending its recent rally as growing institutional interest and expanding ecosystem activity continue to drive demand.

Grayscale to launch a Hyperliquid ETF

A key catalyst behind HYPE’s latest gains is increasing competition in the exchange-traded fund (ETF) market. 

Grayscale is preparing to enter the race with a spot Hyperliquid ETF after filing an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC).

Bloomberg ETF analyst James Seyffart noted that the amendment suggests the fund could launch in the near future, potentially within days. 

The proposed ETF will trade under the ticker HYPG and carry a management fee of 0.29%, undercutting competing products.

Institutional appetite for HYPE has already been demonstrated by the success of Bitwise’s Hyperliquid ETF, BHYP. The fund attracted roughly $20 million in inflows on Friday, marking its largest single-day inflow since launch.

After just 11 trading days, BHYP has surpassed $100 million in assets under management (AuM), supported by cumulative inflows of $81.8 million. The ETF has also generated average daily trading volumes of $35.1 million.

Bitwise has further aligned itself with the Hyperliquid ecosystem by committing to hold 10% of its annual management fees in HYPE tokens on its balance sheet for at least 12 months.

According to onchain analytics platform Lookonchain, Bitwise purchased an additional 336,474 HYPE tokens, valued at approximately $24.4 million, over the past 24 hours.

The latest acquisition highlights continued institutional accumulation as investors seek exposure to the rapidly growing Hyperliquid ecosystem.

Hyperliquid price outlook: HYPE retraces after reaching a new all-time high

Despite reaching a record high of $75.52 earlier in the day, HYPE was trading at $72.28 at the time of writing, up by 1% over the previous 24 hours. 

However, the token remains one of the strongest-performing digital assets as institutional adoption and ETF-related demand continue to accelerate.

The RSI of 65 shows that HYPE is bullish but is yet to enter the overbought region, creating room for further growth.

If the bullish trend persists, HYPE could extend its rally and create a new all-time high around the $80 level.

However, if the pullback extends, HYPE could retest the Sunday low of $67. An extended bearish trend could see HYPE drop below $60 for the first time since May 28.

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• Litecoin price has bounced as RSI nears oversold conditions.
• Nexus Wallet added gift card payments and privacy upgrades for LTC use.
• LitVM speculation and $53.30 resistance shape near-term price direction.

Litecoin (LTC) traded around $51.54 on Friday morning, posting a roughly 2% gain over 24 hours, according to CoinGecko.

The modest advance came while Bitcoin remained mostly flat, making Litecoin one of the better-performing large-cap cryptocurrencies in the short term.

However, despite the daily rebound, the broader trend remains under pressure, with LTC still down nearly 47% over the past year.

Recent Litecoin price action has been influenced by a combination of technical positioning and renewed attention around ecosystem developments, particularly the Nexus Wallet upgrade and ongoing speculation surrounding LitVM.

Nexus Wallet update strengthens payment narrative

Recent developments in the Litecoin ecosystem, particularly the Nexus Wallet update linked to the Litecoin Foundation, have drawn increased market attention.

The update introduces a more integrated spending experience for Litecoin holders, most notably through direct in-app gift card purchases using LTC.

This removes the need for external platforms or additional conversion steps, streamlining real-world crypto payments.

The wallet also builds on existing payment infrastructure, including integrations with Flexa, which enables in-store crypto payments across supported merchants.

Together, these features position Nexus Wallet as a broader spending tool rather than simply a storage solution.

The update also includes privacy enhancements. The wallet supports MWEB (MimbleWimble Extension Block) transactions for optional private transfers, alongside Tor routing for additional network-level privacy.

This setup allows users to choose between transparent and private transactions based on preference.

Market participants have largely viewed these upgrades as incremental improvements to Litecoin’s payment utility rather than immediate price catalysts.

Still, the developments reinforce the broader narrative that Litecoin continues to position itself as a transactional asset rather than purely a speculative token.

LitVM speculation adds optimism

Alongside wallet-related utility improvements, speculation surrounding the upcoming Litecoin Virtual Machine (LitVM) has also supported sentiment.

LitVM is described as an EVM-compatible zero-knowledge Layer-2 system designed to expand Litecoin’s smart contract capabilities.

Although no official mainnet launch timeline has been confirmed, ongoing community discussions have kept the narrative active.

At this stage, LitVM’s impact remains more psychological than structural. It has not yet produced measurable on-chain changes, but it has helped sustain investor attention during a period of otherwise limited fundamental catalysts.

Technical analysis

Litecoin has been trading within a relatively tight range, with intraday price action fluctuating between $50.56 and $51.99.

The recent rebound was accompanied by increased trading activity, suggesting the move was not driven solely by low-volume volatility.

On the upside, traders are monitoring the $53.30 level as the next key resistance zone, a level highlighted by market commentator cryptoWZRD_.

A decisive move above that area would likely be needed to signal a transition from range-bound trading toward a stronger recovery phase.

On the downside, a break below $51.90 could expose LTC to further weakness toward the $50.34 region, which traders view as the next key liquidity zone.

Outlook: range-bound market awaiting confirmation

Litecoin’s current setup reflects a market balancing technical structure against narrative-driven catalysts.

The $51.90 level remains an important support threshold for maintaining the recent rebound, while resistance near $53.30 continues to represent the next major test for bullish continuation.

Until either level is decisively broken, Litecoin is likely to remain in a consolidation phase driven primarily by short-term trading flows.

While wallet utility improvements and ongoing LitVM speculation continue supporting sentiment, price direction remains dependent on technical confirmation rather than a major fundamental shift.

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