Amid the ongoing confusion in the cryptocurrency market, Chainlink’s native token LINK has shown bearish price action and is poised for a decline. However, the current market sentiment remains bearish, with top assets like Bitcoin (BTC), Ethereum (ETH), and XRP also experiencing notable price declines.
This downturn is potentially influencing overall market sentiment.
Chainlink (LINK) Technical Analysis and Upcoming Levels
According to expert technical analysis, LINK appears to be forming a bearish double-top pattern on the four-hour timeframe. While this pattern is yet to be complete, the chart also shows a bearish divergence, further supporting this negative outlook.
Based on historical price momentum, if the asset closes below the $16.15 level, there is a strong possibility of a 22% decline, bringing it down to $12.75 in the coming days. A bearish divergence occurs when the Relative Strength Index (RSI) and the double-top pattern align, specifically when the pattern’s tops are parallel while the RSI’s tops decline.
Source: Trading View
Current Price Momentum
Following the formation of the pattern, the asset has begun moving downward. LINK is currently trading near $16.31 and has dropped 4.5% in the past 24 hours. Meanwhile, its trading volume has surged by 12%, indicating increased participation from traders and investors compared to the previous day.
Traders Lean Bearish
With the ongoing price decline and bearish price action, intraday traders seem to be following the current market sentiment, strongly betting on the bearish side, as reported by the on-chain analytics firm Coinglass.
Data reveals that traders are currently over-leveraged, with key levels at $16 on the lower side and $17.50 on the upper side for both bulls and bears. At these levels, they have built $4 million worth of long positions and $10 million worth of short positions, indicating that bears are currently dominating and could push LINK’s price even lower.
Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment is holding strong after a major network upgrade and a large token unlock. On the flip side, the MOONPIG price crash wiped out over 65% of its value after a single whale took profits, rattling the market. Both show how different the paths can be when hype isn’t backed by structure.
Then comes Punisher Coin ($PUN), flipping the typical meme coin script. It’s not just about hype, it’s about value through action. $PUN lets users earn by participating, creating, and sticking around. This isn’t another short-lived trend. With its pay-to-play model and weekly burns, $PUN is making a serious case as one of the top crypto coins to buy now.
$PUN is Rewriting the Top Crypto Coins Order Book
Punisher Coin ($PUN) brings something fresh to meme coin culture, real rewards for real action. Every Punisher Mission pays in USDT or tokens for things like meme contests, crypto puzzles, and more. Instead of speculation, the project rewards engagement, whether you’re contributing content or completing tasks. Weekly token burns keep the supply low, adding another reason to stay involved.
Fueling all of this is the Mean Meme Machine, a tool that lets anyone create and share memes, with top picks getting spotlighted across official platforms. The War Room takes it further. With just $100 in $PUN or a presale spot, holders unlock early access to missions, airdrops, and exclusive content. It’s designed to keep people in, not just buying and leaving.
The presale is currently in Stage 2, priced at $0.00531, with over $77,000 raised so far. Out of 25 total stages, each step burns unsold tokens to build long-term scarcity. While Kaspa (KAS) market sentiment shows strength through consistency, $PUN is showing it through innovation and has thus been a project where crypto whales have shown interest in. Potential 1000x climbs coming? All the fundamentals are there. It’s not about waiting for hype, it’s building it from within. If you’re tracking crypto coins to buy now, this one has a model that’s already working.
Hard Fork Boosts Kaspa (KAS) Market Sentiment
Kaspa (KAS) is showing how consistency can win, especially after the recent Crescendo v1.0.0 hard fork. Live since May 5, the upgrade increased block speed to 10 per second, helping boost transaction flow without compromising security. That move, along with a $13 million token unlock days later, had minimal downside impact, proof that Kaspa (KAS) market sentiment is steady for now.
Price sits around $0.1016, with a solid 80% gain so far in 2025. Daily volume is near $60 million, and wallet growth from 500,000 to 1.8 million shows rising adoption. Predictions range between $0.10 and $0.26 for the year, backed by a growing DeFi and NFT presence. While others ride out hype cycles, Kaspa is playing the long game, one block at a time.
Whale Sell-Off Triggers MOONPIG Price Crash
MOONPIG had its breakout moment, hitting $0.12 and topping $125 million in market cap. But it was short-lived. After a major wallet belonging to James Wynn dumped millions in tokens, a sell-off followed, leading to a sharp MOONPIG price crash. The coin now trades at around $0.0384, with the community split between hopefuls and skeptics.
Even so, MOONPIG is still building. On May 28, it launched an official mobile game on the Apple App Store, giving the token added visibility. Earlier in May, one trader famously flipped $7.6K of TRUMP tokens into $1.4M worth of MOONPIG at its peak. But the sharp drop proves how fast things shift. Unlike steady Kaspa (KAS) market sentiment, MOONPIG’s chart shows what happens when the hype outpaces the roadmap.
Summing Up
The differences couldn’t be clearer. Kaspa (KAS) market sentiment has stayed strong thanks to real upgrades and a loyal base. In contrast, the MOONPIG price crash shows how fragile meme coin momentum can be when major holders exit. Both cases offer a snapshot of what’s working, and what’s not, in today’s market.
Then there’s Punisher Coin ($PUN), which is setting up its own rulebook. From paying users to participate, to rewarding meme creators and burning tokens weekly, $PUN isn’t here for a flash pump. It’s here to build. With its presale live at $0.00531 and over $77k raised, it’s building utility while others chase it. If you’re scanning the charts for crypto coins to buy now, this is one that’s not waiting for hype, it’s earning it.
The post MOONPIG Price Crashes 65% & Kaspa Holds as Punisher Coin See Whale Action: Is this the Next 1000x Pump? appeared first on Coinpedia Fintech News
Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment is holding strong after a major network upgrade and a large token unlock. On the flip side, the MOONPIG price crash wiped out over 65% of its value after a single whale took profits, rattling the market. Both show how …
A weakening U.S. dollar amid rising crypto optimism has favored bullish sentiments for Bitcoin in the short term.
The ongoing cooling down of the leveraged crypto trading has set a precedent for a fresh rally beyond $111.9k.
The rising conflict between the United States and the European Union has weighed down on a weakening greenback against major global currencies. The cryptocurrency market, led by Bitcoin (BTC), has emerged as a better alternative for investors seeking to hedge against macroeconomic uncertainties.
Since the Doland Trump administration took office earlier in 2025, three states – including New Hampshire, Arizona, and Texas – have approved the strategic Bitcoin reserve bills in both the senate and House. In the past six days, Bitcoin’s investment products recorded a net cash inflow of about $2.3 billion, according to market data from CoinShares.
With the CME futures and options markets leaning towards bullish sentiment, BTC price will soon enter the euphoric phase of the 2025 crypto bull run.
Bitcoin Price Expectations in the Midterm
In the 1-hour timeframe, BTC price has been rising in a parallel channel since a local low of about $74.8k earlier in April. Earlier this week, BTC price was rejected at the upper border of the rising channel and is now signaling a drop towards the lower border.
Moreover, the 1-Hour MACD line has already dropped below the zero line and the histograms have been growing in a bearish fashion in the past two days.
In the daily timeframe, BTC price has been following an almost similar fractal pattern to the Q4 2024 bullish breakout. If BTC price consistently closes above the upper border of the established rising channel in the coming days, a potential rally towards $140k will be inevitable. However, a consistent close below the lower border of the rising channel will trigger a rejuvenated bearish pressure potentially towards $74k again.
The post Bitcoin Price Analysis: Constructive Market Structure Signals Parabolic Rally Ahead appeared first on Coinpedia Fintech News
A weakening U.S. dollar amid rising crypto optimism has favored bullish sentiments for Bitcoin in the short term. The ongoing cooling down of the leveraged crypto trading has set a precedent for a fresh rally beyond $111.9k. The rising conflict between the United States and the European Union has weighed down on a weakening greenback …
