XRP was trading above $0.50 at press time following a 4.26% gain.

The spikes in address activity resulted in XRP decoupling 4% from the rest of the altcoin market.

Santiment, the blockchain intelligence firm, shared in a tweet today that the Ripple network recently recorded its second and third biggest address activity spikes.

At press time, the meme coin’s price stood at $0.000008785 according to CoinMarketCap. This was after the crypto printed a 2.59% gain over the past 24 hours.

2,538 new SHIB addresses were created on 26 May 2023 alone, which is the highest increase in 3 months.

a drop back below the support level at $0.27128 will result in the altcoin’s price plummeting to $0.22672.

technical indicators suggested that AGIX’s price was about to enter into a short-term bullish cycle. Should AGIX’s price successfully break above $0.32394, it will have a clear path to climb to the next resistance level at $0.41711.

At press time, IOTA was worth about $0.194 after it experienced a price increase of 3.76%.

This comes after the altcoin has been trading within a Falling Wedge Formation for a considerable time.

A crypto analyst recently shared in a Twitter post that he expects IOTA’s price to see a huge price increase soon.

Despite this, LINK was still able to strengthen against both Bitcoin (BTC) and Ethereum (ETH) by 1.20% and 1.07% respectively.

Chainlink (LINK)
LINK was yet another cryptocurrency that experienced a price loss over the past day. The altcoin was worth around $6.30 at press time after a 0.80% drop in its price.

The RSI line on the daily chart was positively sloped toward the overbought territory. If it is able to close above the RSI SMA line within the next 48 hours, then SOL’s price could climb to the next resistance level at $20. Conversely, SOL’s price falling below $18.99 again will see it drop down to the next support level at $17.50.

Renowned crypto influencer Crypto Eri recently took to Twitter to express her enthusiasm for the Crypto Oasis in the UAE. In her tweet, she hailed the Crypto Oasis as a “home away from home” for the most exceptional protocols and infrastructure.

The United Arab Emirates (UAE) has become the center of attention with its pioneering Crypto Oasis, gaining recognition as a premier hub for top-tier protocols and cutting-edge infrastructure.

According to PeckShield, a blockchain security company, it has detected about 24 scam meme tokens within the last ten days.

There is a surge in the number of rug pull involving meme tokens in the cryptocurrency industry.

LUNC’s price faces bearish pressure, but increased trading volume suggests a potential for a short-term trend reversal.

Green candlesticks have formed as price movement has rebounded from the bottom band, indicating that buyers are active at this level. The rising trade volume reflects this development, which may signal a short-term trend reversal.

The Keltner channel slopes downward on the 2-hour price chart, with the upper band touching $0.00008985 and the lower band touching $0.00008657.