Open interest in Shiba Inu climbed 2.1% over the past 24 hours even as spot trading volume fell 18%, sending conflicting signals about where the token is headed next. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment What The Chart Is Showing SHIB is currently trading around $0.0000056, near its historic lows, after dropping 10% in the past seven days. That decline brought the token back down to a key support zone around $0.0000055 — a level that has cushioned price drops since the coin’s early days in 2021. Despite repeated tests, sellers have not managed to push the price into a sustained breakdown below that area. The broader chart structure is a contracting descending triangle that has kept a lid on SHIB since its 2021 peak. Each time the token tried to recover, it ran into the triangle’s falling upper resistance line and got turned back. That pattern has been in place for years, and it remains the dominant force on the weekly chart. A Wave Patt
XRP derivatives traders are leaning bullish. Open interest in XRP futures jumped more than 1% in 24 hours to $2.86 billion, with activity climbing on both CME and Binance, signaling that traders with real money on the line are betting on a move up. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder A Familiar Pattern In The Data On-chain analytics firm Santiment flagged a shift in crowd mood on May 26, pointing out that the bullish-to-bearish comment ratio on social media had slipped to 1.1:1. That places sentiment at its most fearful in three weeks, a level that has historically been followed by short-term price stabilization or a bounce. Santiment’s reasoning is straightforward: when fear peaks, weak hands have already exited, and whales or institutions tend to step in and absorb the sell pressure. XRP was trading at $1.33 at the time of reporting, up about 1% from a 24-hour low of $1.32. Volume climbed 5% over the same period, adding some
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RENDER surged 18% to $2.35 on strong volume and activity. Wallet growth, open interest, and EMA breakout drive momentum. Break below $2.18 support or above $2.50 resistance will define the next price direction. Render (RENDER) has recorded a sharp upward move, rising about 18.1% in 24 hours to around $2.35 and outperforming the broader crypto market. The rally is supported by a combination of stronger on-chain activity, rising derivatives demand, and a clear technical breakout that has shifted market momentum in its favour. Trading activity over the past 24 hours has increased significantly, with volume reaching nearly $295 million, showing that the move is backed by real participation rather than thin liquidity conditions. On-chain growth and derivatives activity fuel RENDER demand One of the strongest drivers behind the recent move has been a noticeable increase in network usage.
RENDER surged 18% to $2.35 on strong volume and activity. Wallet growth, open interest, and EMA breakout drive momentum. Break below $2.18 support or above $2.50 resistance will define the next price direction. Render (RENDER) has recorded a sharp upward move, rising about 18.1% in 24 hours to around $2.35 and outperforming the broader crypto […]
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The surge in tokenized equities highlights a shift in investment focus, but reliance on a single project poses significant ecosystem risks.
The post Hyperliquid sees $2.5B open interest as demand for tokenized equities surges appeared first on Crypto Briefing.
The surge in tokenized equities highlights a shift in investment focus, but reliance on a single project poses significant ecosystem risks.
The post Hyperliquid sees $2.5B open interest as demand for tokenized equities surges appeared first on Crypto Briefing.
Spot bitcoin prices traded at $77,343 per coin at 10:15 a.m. EST on May 25, 2026, sitting below the heaviest options strike concentrations but comfortably inside the max pain range that options writers across Deribit, Binance, and OKX have been gravitating toward all week. Bitcoin Futures Open Interest Holds at $54.9B, Still Far Below 2025 […]
