SpaceCatch narxiCATCH

Litecoin (LTC) price is flashing mixed signals as both bulls and bears battle around key support and resistance levels. After showing strength earlier in May with a rally above $100, LTC now trades at $96.01, caught in a tight range. Let’s break down the daily and hourly charts to understand where L TC price might go next —and whether a breakout or breakdown is imminent. The daily chart shows a clean uptrend that began in mid-April, where LTC price rallied from below $80 to touch a local high near $104 . On the way up, Litecoin successfully flipped its 50-day moving average (now at $96.60) into support. It even briefly crossed above the 200-day moving average (red line) which currently sits at $100.41. But there’s a catch. LTC price has failed to hold above the $100 psychological resistance zone for more than a few sessions. The current Heikin Ashi candles are losing momentum, and we’re seeing a narrowing range between $94 and $101. This is a sign of indecision and often precedes a breakout. The Fibonacci retracement from the April low to May high shows that Litecoin price is hovering around the 38.2% retracement level near $96 , which is acting as support. If LTC holds above this, the next leg up could test $104 again, followed by $112, which corresponds to the 1.618 Fibonacci extension. Calculation Insight: This suggests that if momentum returns, a move toward $120–$125 is not out of the question. But that will require strong volume and a clean break above $104. Zooming into the hourly chart, Litecoin price is currently trading below all major moving averages : 20, 50, 100, and 200 SMAs, which are now acting as a cluster of resistance around $97.50 to $100. This shows that short-term momentum has shifted in favor of sellers. The recent bounce from $94 to $96.01 has been weak, with low volume and rejection at each resistance level. Moreover, the Heikin Ashi candles indicate indecision and slight bearish bias, marked by long upper wicks and small real bodies. Unless LTC breaks and sustains above $98.66 (the 100-hour SMA), we could see another dip to test the $92 support level. A loss of $92 would open the gates to $88 and potentially $85. On the bullish side, the 50-day SMA is currently supporting the price. If this support holds and bulls reclaim $100, LTC price could attempt another breakout above $104, targeting $112 and potentially $120. On the bearish side, failing to hold $94 may drag Litecoin toward $90 and then $85, especially if Bitcoin remains under pressure this week. Litecoin price is in a make-or-break zone. If LTC breaks above $100 with volume, it could target $112 and eventually $120 based on Fibonacci extension. However, if it fails to hold $94, then a pullback to $88–$85 becomes likely. Keep an eye on the daily close relative to the 50-day and 200-day moving averages. They will likely decide whether LTC breaks out or breaks down. Litecoin (LTC) price is flashing mixed signals as both bulls and bears battle around key support and resistance levels. After showing strength earlier in May with a rally above $100, LTC now trades at $96.01, caught in a tight range. Let’s break down the daily and hourly charts to understand where L TC price might go next —and whether a breakout or breakdown is imminent. The daily chart shows a clean uptrend that began in mid-April, where LTC price rallied from below $80 to touch a local high near $104 . On the way up, Litecoin successfully flipped its 50-day moving average (now at $96.60) into support. It even briefly crossed above the 200-day moving average (red line) which currently sits at $100.41. But there’s a catch. LTC price has failed to hold above the $100 psychological resistance zone for more than a few sessions. The current Heikin Ashi candles are losing momentum, and we’re seeing a narrowing range between $94 and $101. This is a sign of indecision and often precedes a breakout. The Fibonacci retracement from the April low to May high shows that Litecoin price is hovering around the 38.2% retracement level near $96 , which is acting as support. If LTC holds above this, the next leg up could test $104 again, followed by $112, which corresponds to the 1.618 Fibonacci extension. Calculation Insight: This suggests that if momentum returns, a move toward $120–$125 is not out of the question. But that will require strong volume and a clean break above $104. Zooming into the hourly chart, Litecoin price is currently trading below all major moving averages : 20, 50, 100, and 200 SMAs, which are now acting as a cluster of resistance around $97.50 to $100. This shows that short-term momentum has shifted in favor of sellers. The recent bounce from $94 to $96.01 has been weak, with low volume and rejection at each resistance level. Moreover, the Heikin Ashi candles indicate indecision and slight bearish bias, marked by long upper wicks and small real bodies. Unless LTC breaks and sustains above $98.66 (the 100-hour SMA), we could see another dip to test the $92 support level. A loss of $92 would open the gates to $88 and potentially $85. On the bullish side, the 50-day SMA is currently supporting the price. If this support holds and bulls reclaim $100, LTC price could attempt another breakout above $104, targeting $112 and potentially $120. On the bearish side, failing to hold $94 may drag Litecoin toward $90 and then $85, especially if Bitcoin remains under pressure this week. Litecoin price is in a make-or-break zone. If LTC breaks above $100 with volume, it could target $112 and eventually $120 based on Fibonacci extension. However, if it fails to hold $94, then a pullback to $88–$85 becomes likely. Keep an eye on the daily close relative to the 50-day and 200-day moving averages. They will likely decide whether LTC breaks out or breaks down.

Bitcoin has closely followed global liquidity for years. Time to play catch-up once more. #Bitcoin

Analysis: ETH's recent rise is mainly driven by technical factors, and the willingness to allocate widely may still be limited David Duong, head of research at Coinbase Institutional, wrote on the X platform that ETH experienced a price increase last week that was mainly driven by technical factors. The analysis pointed out that the increase reflected the short covering and subsequent position adjustment by a large number of traders in the market who were in the wrong positions, which made the price trend of ETH catch up with other major tokens such as BTC and SOL. However, David believes that despite such price performance, it may indicate that the market's willingness to make a broader allocation to ETH is still relatively limited.

At Consensus 2025 in Toronto, Ethereum broke its silence. Facing criticisms about its governance, technical roadmap, and talent drain, Paul Brody (EY) and Josh Stark (Ethereum Foundation) defended a clear vision: that of a complex but fundamentally robust network. While the ETH price stagnates and competition intensifies, Ethereum’s leaders bet on the long term and remind that markets will eventually catch up with the technology, not the other way around. While recent Ethereum news is dominated by a prolonged drop in the ETH price and a visible decline in developer engagement, criticisms focus on a sensitive point: the governance of the Ethereum Foundation. Josh Stark, panelist at Consensus 2025 from May 14 to 16, openly acknowledged the community’s expectations : The ecosystem needs stronger leadership […] on the roadmap, its execution, and the coordination of efforts to address major challenges. This partial self-criticism, however, did not prevent the speakers from defending the work already accomplished. Paul Brody, president of the Enterprise Ethereum Alliance and a key figure at EY, took the opportunity to praise Aya Miyaguchi’s work, former executive director of the Foundation: “Looking objectively at the results of her term, I give her an A+“, he stated. Here are the main points raised regarding the governance of the Ethereum network : This institutional clarification aims to stabilize a sprawling project often seen as lacking clarity since its transition to proof-of-stake. While the effects of this reorganization on the ETH price or community dynamics remain to be proven, it nonetheless signals a stated intent to regain narrative and strategic control within a sometimes divided ecosystem. Beyond organizational aspects, representatives of Ethereum defended the network’s technological direction, particularly the deliberate choice of a “rollup-centric” model. Paul Brody reminded that Ethereum is now a proof-of-stake blockchain supporting more than 120 layer 2 solutions, with a daily capacity between “300 and 450 million transactions“. He emphasized that on these L2s, transaction fees have been below one cent for three months. Facing criticisms denouncing excessive fragmentation or loss of network coherence, Brody did not back down: “I am delighted“, he asserted regarding the current roadmap. Josh Stark defended this modularity as a visionary choice, stating that “no ecosystem will be able to avoid this type of structure long term“. This technical positioning is not without consequence. While it allows a drastic reduction of usage costs and unprecedented scalability, it also introduces new vulnerabilities. Rollups raise complex questions about security, cross-chain trust, and user experience, sometimes creating counterproductive silo effects. However, for Stark, these obstacles are normal in a deep innovation process: “We are the ones who have advanced furthest on this path, and we face the turns and challenges“, he explained. The implications of this debate go far beyond Ethereum. They touch on a fundamental question: is technical complexity a barrier or an asset in building a long-term infrastructure network? While Bitcoin benefits from a simplified narrative around being a store of value, Ethereum claims a more sophisticated vision, less readable for short-term markets but potentially more fertile. Josh Stark is convinced: “markets always end up reflecting value. And Ethereum is the most important project in crypto history“.

Ethereum Backers Respond to Critics: ‘Markets Will Catch Up’