Chainlink’s LINK is up nearly 3% and is now targeting the $25 level.
The market is undergoing a recovery after a bearish start to the week.
LINK recovers from Monday’s dip
LINK, the native coin of the Chainlink blockchain, lost roughly 8% of its value on Monday as the market opened the new week bearish. The flush saw LINK drop to the $20.3 low yesterday, but it has now slightly recovered.
At press time, LINK is trading at $21.835 per coin, and could rally higher in the near term as the broader crypto market embarks on a recovery. BTC reclaimed the $113k level earlier today, while Ether, XRP, SOL, BNB, and DOGE are all performing well over the last few hours.
Chainlink remains one of the most widely used blockchains in the crypto space and beyond. As it continues to gain adoption, LINK’s value could soar higher in the medium to long term.
LINK targets $25 as $20 support holds
The LINK/USD 4-hour chart is bearish and efficient as LINK lost 8% of its value over the last seven days. The momentum indicators remain bearish but are showing signs of recovery in the near term.
The MACD lines crossed over into bearish territory during the weekend, with the RSI of 36 also confirming a bearish bias in the near term.
If the bearish trend continues, LINK could retest the $20.3 low again over the next few hours. Failure to defend this low could see LINK drop below $20 for the first time since August 9.
On the flip side, if the market recovery gains momentum, LINK could surge higher and hit the TLQ level at $23.89 over the next few hours. An extended bullish run would allow the coin to touch $25 for the second time this month.
SOL is down 1% in the last 24 hours and is now trading below $220.
The coin could reclaim the $250 psychological level soon if market recovery continues.
SOL dips below $220
As seen in recent weeks, the cryptocurrency market began the new week in a bearish mode. Bitcoin dropped below the $112k mark while Ether temporarily tested the $4k support level.
SOL, the native coin of the Solana blockchain, also lost roughly 5% of its value on Monday, dropping to the $212 support level. However, it has slightly bounced back and is now trading at $219 per coin.
The positive performance comes as the broader cryptocurrency market embarks on a recovery. Bitcoin reclaimed the $113k mark earlier today, while Ether is now eyeing the $4,300 region.
SOL is also recovering excellently and could reclaim the $250 psychological level in the near term.
SOL could surge to $250
The SOL/USD 4-hour chart is bearish and efficient, as Solana has lost 7% of its value over the last seven days. The technical indicators are also negative, suggesting that sellers remain in control.
However, the bears are losing steam as SOL has found support around the $212 region. The RSI of 34 is below the neutral 50, indicating a bearish trend. The MACD lines also dropped below the neutral zone over the weekend.
If the selloff continues, SOL could retest Monday’s low of $212 over the next few hours. An extended bearish run could see the cryptocurrency drop below $200 for the first time since September 1st.
However, the broader crypto market is undergoing a correction. If the correction persists, SOL could reclaim the nearest resistance and TLQ level at $250 over the next few hours. It would need the support of the broader cryptocurrency market if it intends to hit $260 for the first time since January.
Shiba Inu (SHIB) has slipped 6% in the past 24 hours, trading at $0.00001209. The decline comes as the ecosystem prepares for a series of structural changes, including decentralised governance, token burns, and DeFi expansion.
While short-term sentiment reflects volatility, developers and investors are looking to 2025 as a year of transition.
Technical indicators present a mixed outlook, with scenarios ranging from further consolidation to sharp rallies.
At the same time, whale activity, broader crypto market conditions, and ongoing network growth continue to play a major role in determining SHIB’s price path, especially as competition intensifies across the meme coin sector.
Shiba Inu expands governance with community elections
Shiba Inu’s developers are introducing governance reforms to move beyond its meme coin origins.
Lead developer Shytoshi Kusama recently unveiled the SHIB State presidential election, a community-driven process designed to formalise decision-making.
The election follows recent decentralised autonomous organisation (DAO) votes, which showed strong participation among investors.
By allowing token holders to shape proposals and strategic directions, SHIB is attempting to embed governance into its core ecosystem.
This shift reflects an effort to strengthen Shiba Inu’s long-term stability and increase investor engagement, with the team hoping to align community input more closely with development priorities.
Technical forecasts show both upside and downside
The latest price drop highlights SHIB’s volatility, but analysts see several possible technical paths.
The token is currently trading below near-term support levels, with projections indicating possible stabilisation around $0.0000191 if liquidity holds.
Bullish scenarios suggest a rally could push SHIB toward $0.0000315, while longer-term forecasts see potential highs at $0.00006392.
More cautious views suggest the token could trade in a range between $0.000022 and $0.000034 through late 2025 and into 2026.
If negative sentiment or weak liquidity dominates, however, SHIB could slide closer to $0.0000201, underscoring the balance of risk in the current environment and the importance of sustained investor confidence.
Whale activity adds to volatility
On-chain data shows that large holders remain influential in shaping SHIB’s price action.
Recent whale transactions have coincided with increased volatility, suggesting that accumulation or distribution by these players can spark major swings.
Analysts tracking whale wallets note that such movements often precede short-term breakouts or corrections.
Combined with ongoing token burns and governance reforms, whale participation is expected to remain a decisive factor in Shiba Inu’s performance over the coming months, keeping smaller investors highly attentive to wallet monitoring platforms.
Shibarium growth and competition from new tokens
Shiba Inu’s layer-2 solution, Shibarium, is central to its DeFi strategy.
The network is seeing growing activity in decentralised applications (dApps), alongside continuous token burns designed to reduce supply.
These efforts could support gradual long-term price stability. However, Shiba Inu faces competition from newer tokens such as Little Pepe, which are drawing attention for faster short-term gains.
While SHIB’s ecosystem is expanding, its ability to maintain momentum depends on adoption, community governance, and the effectiveness of its DeFi initiatives in 2025, especially as rival meme coins attempt to capture similar market share with more aggressive campaigns.
IMX is down 8.8% in the last 24 hours and briefly dropped below $0.70.
The coin could surge past the $0.80 resistance level soon if the market recovery persists.
IMX dips below $0.70 despite Immutable launching its mobile gaming division
IMX, the native coin of the Immutable ecosystem, has lost nearly 10% of its value over the weekend. The coin was trading around $0.90 on Friday but has since dropped and now trades around $0.7100 per coin.
The coin briefly dropped below $0.70 on Monday after the flash dump that saw Bitcoin dip below $112k. However, it has slightly recovered and now trades around $0.71 per coin.
IMX’s bearish performance comes despite Immutable launching its mobile gaming division. The Immutable team announced this latest development on Friday, adding that the division will target mainstream users on mobile with new growth products, expertise, and investments.
🚨 ANNOUNCEMENT 🚨
Today, we’re launching the Immutable Mobile Gaming Division.
A specialist taskforce to target mainstream users on mobile with new growth products, expertise, and investments.
Furthermore, Web3 games on the Immutable blockchain can now link to external crypto payments without incurring a 30% fee.
IMX targets $0.80 amid bearish price action
The IMX/USDT 4-hour chart is bearish and efficient thanks to the coin underperforming over the weekend. The technical indicators have also switched bearish as sellers dominate the market.
The MACD lines are about to crossover into the negative territory, suggesting a switch to bearish price action. The RSI of 48 means it is below the neutral 50, indicating that sellers are in control.
If the bearish trend continues, IMX could drop to the $0.614 support level in the near term. However, the support level at $0.690 is currently holding strong.
On the flip side, if the market embarks on a strong recovery, IMX could target the first major resistance level at $0.867. An extended bullish run would allow IMX to surpass last week’s high of $0.97.
Descending channel signals sustained bearish momentum with sellers in control.
$2.58 EMA emerges as the next critical support to watch.
Low trading volumes highlight weak buyer conviction and fragile sentiment.
XRP has fallen to $2.81, marking a 6.01% decline in the latest session. The cryptocurrency continues to struggle under persistent selling pressure, with its price action locked in a descending channel.
The break below the key $3 threshold has weakened sentiment further and raised the risk of deeper retracement in the coming sessions.
The fall reflects not just a psychological setback, but also the continuation of a broader downward pattern that has been in play for weeks. Lower highs have repeatedly forced XRP into tighter ranges, leaving traders cautious about entering long positions.
With subdued trading volumes and no significant signs of a bullish reversal, the latest slide underscores the fragility of its current position in the market. Unless momentum shifts soon, XRP could remain on the defensive with downside targets still in play.
XRP has been trading within a downward-sloping channel for weeks, with lower highs steadily compressing price movement.
Every attempt at recovery has been rejected at resistance levels, reinforcing the bearish structure.
The channel has also narrowed to the point where smaller price swings reflect reduced trader confidence, suggesting that a strong move in either direction may be imminent.
The recent slide to $2.81 adds weight to the pattern, suggesting that sellers remain in control. The 200-day EMA, trending downward at around $2.58, is now the next key support.
If downward momentum builds, XRP could test the $2.80 zone again or slip closer to $2.50 in the short term.
A failure to defend these levels could leave the market exposed to even deeper losses, especially if broader crypto sentiment weakens at the same time.
Indicators point to more downside
Technical indicators underline the pressure on XRP. The RSI remains neutral at 39.55, showing that XRP has scope for further declines before oversold conditions emerge.
This means sellers still have room to drive the price lower without triggering a rebound.
The moving averages also offer little relief, with the short-term trend lines pointing down and the longer-term averages continuing to tilt lower.
For the trend to reverse, XRP would need to break decisively above $3.10–$3.20, which marks the upper boundary of the channel. Without such a move, the path of least resistance remains downward.
Traders are also monitoring momentum indicators for signs of divergence, which could signal whether current weakness is losing strength, but for now no such signals have appeared.
Low volumes highlight weak conviction
Trading volume has also been subdued, amplifying the weakness. Recent rallies have lacked conviction, with buyers hesitant to re-enter the market at current levels.
This absence of strong participation suggests that confidence in XRP’s ability to sustain higher prices remains low.
Short-lived bursts of activity have not been enough to counter consistent selling, and the lack of depth in the order books makes the price vulnerable to sharper moves when pressure builds.
Until buyers return with enough strength to sustain momentum, XRP is likely to remain under pressure inside its bearish channel.
Analysts are closely watching liquidity across exchanges, as thin volumes may make support levels less reliable in the days ahead.
XRP struggles below key level
The decline to $2.81 highlights how weak technicals and low volume are shaping XRP’s short-term performance.
Unless the token can reclaim and hold above the $3 mark with stronger demand, it faces the risk of moving closer to $2.50.
Traders will be watching support at $2.58 closely, as further losses could erase much of its earlier recovery gains.
A sustained move back above $3.20 would be required to signal a change in trend, but with current momentum still favouring sellers, XRP remains in a fragile position.
