Dogecoin (DOGE) continues to extend losses today, July 30. It trades at $0.222 with a 3.44% drop in 24 hours. However, a turning point for Dogecoin price in favor of bullish traders might be near. This follows a signal of a 70% rally printed by DOGE/BTC as the Dogecoin founder teases those selling Bitcoin. Dogecoin
The listing news sent LPT’s daily trading volume soaring to over $4 billion on May 30—more than 10 times the previous average. This marked its highest daily volume so far this year.
At the time of writing, LPT’s trading volume still exceeds $1 billion. According to CoinMarketCap, it has surpassed Virtual Protocol to become the highest-volume AI token on the market, which indicates strong interest from traders.
However, LPT’s price has since dropped sharply, down 40% from its $14.30 peak to around $8.50. This suggests that the surge in volume, paired with the price drop, may reflect profit-taking activity.
It also implies that investor expectations could be short-term.
At press time, LPT was trading at $8.51, up over 10% in the past 24 hours.
Whales have taken advantage of increased liquidity and price gains to realize profits. On-chain data today shows that a whale withdrew 526,000 LPT (worth $4.81 million) from LPT’s PoS staking contract and transferred the funds to Binance.
Although selling pressure is mounting, some technical analysts believe the price could rebound from the $7 region.
Technical analysis and LPT price prediction. Source: Muneeb on X
“LPT eyes on this one, should hold the green zone for a potential bounce to yearly open 14.5$,” crypto analyst Muneeb predicted.
Livepeer Faces Challenges as AI Tokens Struggle to Recover
Livepeer has a clear mission: to revolutionize video infrastructure by leveraging AI. Its real-time video processing capabilities and a decentralized approach to GPU usage place it at the forefront of innovation.
Launched in 2021, Livepeer raised $51.8 million—well before the current AI boom. In 2025, the project is returning with renewed momentum, fueled by exchange listings and increasing attention from funds interested in AI technology.
“Livepeer is building the open video infrastructure for the AI era. Real-time AI video processing, decentralized GPUs, and a permissionless network powering new creative and technical frontiers,” the project states.
But this renewed spotlight also brings challenges. Despite the recent gains, LPT faces headwinds as the broader AI crypto sector has declined by over 45% year-to-date. This downturn highlights the volatile nature of the market and the risks associated with investing in AI-related cryptocurrencies.
Performance of crypto sectors year-to-date. Source: Artemis
Listing on exchanges and inclusion in key indices may bring short-term attention. However, Livepeer must overcome current market challenges and prove real-world use cases beyond the crypto ecosystem for sustainable growth.
Cardano price is nearing a key technical milestone that may signal a shift in its price momentum. The cryptocurrency, currently priced at $0.6484, has shown a 2.45% decrease in the last 24 hours. However, technical indicators suggest that ADA price is heading towards its first “death cross” of 2025.
Cardano Technical Indicators Point to Bearish Momentum
Cardano’s recent price action suggests that the 50-day simple moving average (SMA) is likely to cross below the 200-day SMA in the coming days. This crossover, known as the death cross, is typically seen as a bearish signal. As per our recent Cardano price analysis, should the death cross occur, ADA could dip 25%.
ADA/USD price chart (source: TradingView)
At the time of writing, the 50-day SMA stands at $0.74, while the 200-day SMA is at $0.734. As the 50-day SMA continues to decline, it indicates that the short-term momentum of Cardano is underperforming compared to its long-term trend. A death cross often leads to a further decline in price, although the extent of the drop can vary.
Despite the approaching death cross, it is important to note that such technical indicators are not always reliable predictors of future price action. While historical patterns may provide insight into market sentiment, they do not guarantee that prices will follow the same trajectory. This means that ADA price could experience a reversal even after the death cross forms, depending on other market factors.
Recent Price Trends and Market Conditions
ADA price has seen a notable decrease in Cardano price over the past week, with a 7.67% drop. After peaking at $1.19 in early March 2025, the coin has struggled to maintain its momentum, particularly as broader market concerns weigh on investor sentiment.
On top of this, Cardano’s trading volume has been decreasing. The daily trade volume has dropped by 58.72%, with just under $394 million traded in the last 24 hours. A decrease in trading volume typically suggests that market participants are losing interest or that there is waning demand for ADA.
Despite these challenges, there have been some positive developments surrounding Cardano. Charles Hoskinson, the co-founder of Cardano, recently confirmed that Ripple’s RLUSD stablecoin would be launching on the Cardano network. This news was met with some optimism, sparking interest in ADA. Additionally, Hoskinson teased the possibility of Cardano playing a role in Bitcoin’s decentralized finance (DeFi) ecosystem. These announcements could potentially help Cardano regain momentum, but for now, the technical indicators suggest a cautious outlook.
What Could Happen Next for ADA Price?
As Cardano approaches the death cross, the primary question is whether the price will continue its downward trend or if there will be a reversal. The chart shows a pattern of consolidation, with ADA price action fluctuating within certain support and resistance zones.
According to crypto analyst Seth fin, strong support is seen around the $0.6000–$0.6500 range, while resistance lies near the $0.7000–$0.7500 levels. If ADA fails to break through the resistance, the price could continue its decline towards these support zones.
One potential scenario is that price could experience a bounce if the Cardano price holds at these support levels, particularly the $0.6000 zone. This would signal that the market is still interested in buying ADA at lower prices. On the other hand, if the price fails to hold these support zones and breaks below them, further downside may follow, potentially leading to a retest of lower support zones in the $0.3000–$0.4000 range.