Rome is a city with layers. Literally. Stretching back thousands of years, the ancient Italian capital has been built and rebuilt, sieged and sacked, and rebuilt some more. Its history is linked to countless world-changing events over the past 2,500 years, intricately connecting it to the entirety of Western civilization. (They don’t call it the Eternal City for nothing.)
Wandering through Rome and you little stumbled upon everywhere you go as there’s some ancient column or area that built around. In fact, it takes so long to build anything in the city because every time they try to build a subway, building, or change something, they stumble across new ruins and have to send in the archeologists to investigate.
Onyxcoin has been on a persistent downtrend since reaching its all-time high of $0.049 on January 26. Trading at $0.015 at press time, the coin has since shed 57% of its value.
With mounting bearish pressure, the decline may not be over as market indicators signal further downside risks.
XCN Faces Heavy Sell Pressure
The steady outflows from XCN’s spot markets over the past month reflect the increased selling activity among its investors. Per Coinglass, in February, the altcoin only recorded four days of inflows, which totaled just $3.5 million. Conversely, XCN spot outflows exceeded $15 million during the same period.
Outflows from the XCN spot markets have reached $6.45 million so far this month. When an asset records significant spot outflows like this, its investors are selling their holdings.
This trend indicates that profit-taking is significant among XCN traders. It is a sign that there is no new demand for the altcoin, potentially lowering its prices in the short term.
Moreover, its funding rate has been predominantly negative since the beginning of the year, highlighting the bearish bias toward XCN.
This periodic fee is exchanged between long and short traders in perpetual futures contracts. It is designed to keep contract prices aligned with the spot market. When persistently negative like this, it means short positions are dominant, indicating traders are betting on further price declines, which can further reinforce bearish sentiment.
XCN Stuck in Downtrend: Will It Break Free or Drop Further?
On the daily chart, XCN remains within the descending parallel channel it has traded within since January 26. This bearish pattern is formed when an asset’s price moves between two downward-sloping parallel trendlines, indicating a sustained downtrend.
The pattern suggests that XCN sellers are in control. A drop below the lower trend line, which forms support, hints at further downside. If this happens, XCN’s price could drop to $0.0075.
FARTCOIN has experienced ongoing volatility, with significant price fluctuations over the last few weeks. Despite sudden drops, the meme coin has shown signs of recovery.
To continue this upward momentum, FARTCOIN must break through key resistance levels, and current market conditions suggest it could achieve this soon.
Fartcoin Has The Strength To Rise
The Relative Strength Index (RSI) has recently moved above the neutral line, marking the first time in two weeks that the RSI is in the bullish zone. This shift is a positive sign for FARTCOIN, as it indicates that bullish momentum is starting to build.
A strong RSI is crucial for the altcoin’s recovery, signaling renewed buying interest in the market.
As the RSI remains in the bullish zone, it suggests that the potential for a breakout is increasing. This could lead to further price growth for FARTCOIN, especially if investors continue to support the meme coin.
The Squeeze Momentum Indicator is also showing signs of bullish potential for FARTCOIN. Currently, the indicator is noting a squeeze, which typically signals a period of consolidation before a potential breakout.
The histogram reveals that bearish momentum is waning, which suggests the altcoin could experience a shift toward upward movement.
The last time the Squeeze Momentum Indicator showed a similar pattern, FARTCOIN surged, indicating that the squeeze may be a precursor to more gains. If the squeeze is released, the meme coin could see a significant rise, potentially pushing the price higher.
FARTCOIN has risen by 11% over the last 24 hours, currently trading at $1.12, and is approaching the key resistance level at $1.20.
If the meme coin manages to break through this resistance, it could signal a continuation of the recent upward movement. A breach of $1.20 would open the door for further gains.
Securing $1.20 as support would be a critical next step for FARTCOIN. If it can maintain this level, the meme coin could rise to $1.42, recovering losses from June. This upward momentum would indicate a strong recovery and could lead to more sustained price growth if the trend continues.
However, if selling pressure builds in the coming days, FARTCOIN could fall below the $1.02 support level. A drop below $1.00 would be concerning and could result in further losses, potentially pushing the price down to $0.91.
Such a decline would invalidate the bullish thesis and signal a shift in market sentiment.
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.
