Tag:

Top

Clair Obscur: Expedition 33 back in Top 10 for revenue a month after release | Newzoo charts

by admin June 25, 2025

Clair Obscur: Expedition 33 has moved back into the Top 10 of Newzoo’s overall revenue chart for May, having debuted at No.13 in April.

Newzoo noted that this movement was “unusual for a premium title” after its release month, adding that it is “a showcase of the strength of a high-quality game and continued word-of-mouth marketing”.

Fantasy Life i: The Girl Who Steals Time launched at No.20 on the revenue chart, having surpassed one million units sold across all platforms. It also sold 500,000 copies in three days. It debuted at No.3 on the individual revenue chart for Nintendo Switch.

Doom: The Dark Ages debuted at No.9 on the overall chart, which the data firm said was due to “a big portion of revenues being tied to Xbox Game Pass”. Over 95% of the game’s full sales originated from PlayStation and Steam.

In contrast, Xbox players accounted for 72% of monthly active users on Newzoo’s overall engagement chart for the latest Doom title.

Elsewhere, Grand Theft Auto 5 saw a significant jump in users following the premiere of GTA 6’s second trailer, which broke records with 475 million viewers over 24 hours.

A surprising addition to the engagement chart was Star Wars Battlefront 2. The 2017 title saw “a significant surge in player engagement” last month due to “an organic community rally,” according to Newzoo.

It was discounted as part of Star Wars Day, which drew in an influx of players. However, Newzoo noted that 86% of MAU were returning fans.

Here are the Top 20 games by revenue in the US, UK, Germany, France, Spain, and Italy for May 2025, across PC and consoles, according to Newzoo:

Rank
Last month Rank
Title

1
1
Fortnite

2
4
EA Sports

3
3
Call of Duty: Modern Warfare 2/3/Warzone/Black Ops 6

4
NEW
Elden Ring Neightrein

5
7
NBA 2K25

6
6
Counter-Strike 2 & Go

7
9
Forza Horizon 5

8
13
Clair Obscur: Expedition 33

9
NEW
Doom: The Dark Ages

10
8
Minecraft

11
41
Destiny 2

12
15
The Sims 4

13
14
Valorant

14
24
MLB The Show 25

15
12
Elder Scrolls 4: Oblivion Remastered

16
16
Grand Theft Auto 5

17
18
Roblox

18
11
Marvel Rivals

19
17
League of Legends

20
NEW
Fantasy Life i: The Girl Who Steals Time

And here are the Top 20 games by monthly active users across US, UK, Germany, France, Spain, and Italy for May 2025, across PC and consoles, according to Newzoo:

Rank
Last month Rank
Title

1
1
Fortnite

2
2
Call of Duty: Modern Warfare 2, 3, and Warzone 2.0

3
3
Minecraft

4
5
Grand Theft Auto 5

5
4
Roblox

6
6
Rocket League

7
8
EA Sports FC 25

8
7
Marvel Rivals

9
10
Counter-Strike 2 & Go

10
9
Tom Clancy’s Rainbow Six: Siege

11
12
NBA 2K25

12
15
Apex Legends.

13
11
The Elder Scrolls 4: Oblivion Remastered

14
32
Helldivers 2

15
105
Star Wars Battlefront 2 (2017)

16
NEW
Doom: The Dark Ages

17
31
Forza Horizon 5

18
16
EA Sports College Football 25

19
19
Overwatch 1 & 2

20
21
The Sims 4

Source link

June 25, 2025 0 comments

NFT Gaming

Litecoin Climbs 4% to Top $84, With ETF Odds Growing

by admin June 24, 2025

Litecoin shook off last week’s slump, rising 4% to an intraday high of $85.45 and then holding ground near $84. The move came on volume above its 20-day average, signaling conviction behind the breakout.

An easing in global stress helped, with a supposed ceasefire between Israel and Iran.

The next catalyst may be regulatory. The U.S. Securities and Exchange Commission is reviewing two bids for a spot Litecoin ETF.

A green light to such a fund this year, to which Polymarket traders assign an 83% chance, would open LTC exposure to investors betting on crypto through traditional brokerages. Bloomberg analysts see a 95% chance of a spot LTC ETF approval.

Technical Analysis Overview

Litecoin’s price burst through the $83.40 ceiling backed by 331,459 LTC being traded in a single hour, according to CoinDesk Research's technical analysis data model.
LTC has since been bouncing between $84.00-$84.20 support and $85.30-$85.45 resistance.
A descending intraday channel printed lower highs until buyers defended $84.20.
Holding above $84 keeps $90 in play while a close below $84 risks a slide to $79.

Source link

June 24, 2025 0 comments

GameFi Guides

Top 3 Altcoins To Watch as US Joins Iran-Israel War

by admin June 23, 2025

The cryptocurrency market has recorded increased volatility amid the ongoing war tensions in the Middle East. Amid the Iran-Israel war, the U.S. also joined in and bombed Iran’s nuclear power plants, leading to a crypto market shake-up. This has resulted in major tokens recording a pullback in their portfolios.

While Bitcoin price is retesting $100,000, the altcoin market experiences a major setback during the previous week. Following this, investors have entered into a FOMO-like situation as the uncertainty once again looms over the crypto industry.

Are you planning on investing in the altcoin market before the tensions deescalate? In this article, we have uncovered some altcoins that have a potential to make a strong bullish comeback in the coming time.

XRP Price Retests Its Crucial $2 Support

The XRP price today has dropped below its $2 mark for the first time since April 2025, highlighting increased selling pressure. Moreover, with a weekly correction of approximately 15%, its market valuation has dropped to $116.26 billion with a market dominance of 3.7954%.

Both the average trendlines of the Stochastic RSI have breached the oversold range in the XRP price chart. However, it shows a potential bullish reversal, suggesting a high possibility of a bounceback in the upcoming time.

If the XRP token maintains its bearish price action, this could result in it retesting its immediate support level of $1.94. Moreover, the lower support level stands at $1.7240. On the other hand, a bullish reversal could push the price toward its upper test levels of $2.14 or $2.35.

Hyperliquid Price Holds Strong Support

Despite increased volatility, the HYPE price has successfully retested its important support zone around the $34 mark. Notably, the Hyperliquid price has maintained its value above this level in June, suggesting a strong support point around this level. It could pave the way for further gains.

The Moving Average Convergence Divergence (MACD) indicator shows a strong red histogram in the HYPE price chart. While the EMA 20-day acts as a resistance, the EMA 50-day trendline shows a strong support around the $32 mark, suggesting a potential reversal point for the altcoin in the market.

If the bulls regain momentum, the Hyperliquid crypto may head toward its upper price targets of $37 or $42 this month. Conversely, increased liquidation may result in it breaking down its important support zone and retesting its low of $27.425.

Make Or Break Situation For Pepe Coin?

Solana memecoin Pepe has seen its price crash over 20% in the last seven days, resulting in it dropping below its important support trend level of $0.00000900. Moreover, the frog-themed memecoin has lost approximately 36% in 30 days and has a Year-to-Date (YTD) return of -55.35%, indicating a huge room for a strong bullish reversal.

The SMA indicator constantly hovers above the PEPE memecoin in the daily time frame. Additionally, the RSI indicator shows a positive move just above the oversold range and is valued at 32.58 at the time of writing. Considering these sentiments, the PEPE coin price could regain momentum shortly.

If the Pepe price fails to hold the support of $0.0000090, this may result in it plunging toward its crucial low of $0.00000570. Positively, if the odds favor the market, this could push the price of PEPE memecoin toward its $0.00001210 mark.

Bonus Altcoin Pick Amid Iran-Israel Conflict

While the above-mentioned three tokens are recording consolidation amid the Iran-Israel war, there is another token that has regained the market spotlight over the past few days. The altcoin we’re talking about is Story (IP). While the market experienced a setback, this token has displayed huge waves. With its latest action of adding over 17% in 24 hours, Story crypto could be a potential watch for the list.

Also Read: BlackRock Bitcoin ETF Ranks Top 4 in ETF Inflows for 2025

Source link

June 23, 2025 0 comments

GameFi Guides

Top cryptocurrencies to watch this week: Axelar, Solana, PI

by admin June 22, 2025

Cryptocurrencies are extra volatile as geopolitical risks rise and the Federal Reserve leaves interest rates unchanged for the sixth consecutive month,

Bitcoin’s (BTC) price went from an all-time high of $111,695 in May to below $102,000 on Sunday, June 22, sparking sell-offs among investors.

Top altcoins plunged, as well: AB (AB), SPX6900 (SPX), Fartcoin (FARTCOIN), Virtuals Protocol (VIRTUAL), Sonic (S), and Story (IP) dropped by over 20%.

Top altcoins crashed last week | Source: CMC

Top cryptocurrencies to watch

Solana (SOL), Axelar (AXL), and Pi Network (PI) are in focus this week as major token unlocks and key technical setups create both risks and opportunities for traders.

A bullish flag pattern hints at a potential rebound for Solana while Axelar could see further downside as it trades below key technical support.

Meanwhile, Pi Network’s Pi Day 2 event on June 28—with anticipated developer announcements and the conclusion of a widely followed domain auction—could spark renewed bullish momentum. Read on for more info.

Solana

SOL price chart | Source: crypto.news

Solana will be in the spotlight this week as it unlocks tokens worth over $255 million on Monday. A token unlock is seen as being more bearish because it introduces more tokens in the market.

Solana price will also be in the spotlight as most meme coins in the ecosystem plunged. The market capitalization of all of these tokens plunged from over $12 billion earlier this month to below $10 billion.

The daily chart shows that SOL price has formed a bullish flag pattern, a popular continuation sign. This pattern comprises of a vertical line and a descending channel.

Therefore, the token will likely bounce back and possibly retest the upper side of the flag at $187.30, which is about 40% above the current level.

Anatoly Yakovenko, a former Qualcomm engineer, created Solana. He also co-founded Solana Labs in 2017 along with Greg Fitzgerald and Raj Gokal.

Axelar

AXL price chart | Source: crypto.news

Axelar token has been in a strong bearish downtrend in the past few weeks, moving from a high of $0.6291 to a low of $0.3464, its lowest point since June 10.

Axelar’s price may be at risk of more downside ahead of a big token unlock on Friday. The network will unlock tokens worth over $5.4 million, equivalent to 1.57% of the float.

Technicals suggest that the AXL price may continue falling now that it has dropped below the 50-day moving average. If this happens, the next point to watch will be $0.2740, its lowest point in April this year.

Sergey Gorbunov and Georgios Vlachos co-founded Axelar and AXL in 2020. Both founders previously worked on the Algorand blockchain. Axelar’s focus is on building a decentralized network that enables secure and reliable cross-chain communication.

AXL is the token that powers and secures the Axelar network

Pi Network

PI price chart | Source: crypto.news

The Pi Network price will be in the spotlight because of the upcoming 80.9 million token unlock. Most importantly, it will be in focus because of Pi Day 2 on June 28.

Pi Network’s developers normally make major announcements on the first and second Pi Days. A major announcement on this Pi Day may help to boost the token.

The commemoration coincides with the end of .pi domain auction, which has attracted millions of bids in the past few months.

Pi Network price may bounce back this week as it has formed a falling wedge pattern, a popular bullish reversal sign.

Source link

June 22, 2025 0 comments

Game Reviews

Must-Play Cyberpunk 2077 Side-Quests And More Top Gaming Tips

by admin June 22, 2025

Image: Wizards of the Coast / Square Enix / Kotaku

Magic: The Gathering’s Final Fantasy collaboration is an exciting opportunity for fans of the video game franchise to jump into the classic trading card game for the first time. There are a wide range of new cards in this cool crossover, but one of the most exciting is the Pre-Constructed Commander Decks made for the fan favorite deck format. Of course, no FF merchandise could be made without including FFVII, so you can rest easy knowing Cloud and the rest of the party have a deck all to themselves. Whether you are new to Magic’s Commander or just new to the game altogether, this guide will explain how to Limit Break your friends at your next game night. – Simon Estey Read More

Source link

June 22, 2025 0 comments

Crypto Trends

Crypto Market Liquidations Top $701M as U.S. Strikes Hit Iran’s Nuclear Facilities

by admin June 22, 2025

In brief

Crypto prices tanked Sunday morning after the U.S. conducted strikes on three Iranian nuclear facilities.
Ethereum led the selloff among the top 20 cryptocurrencies by market cap, dropping 7.4% on the day.
Users on prediction market Myriad turned bearish on Ethereum, with over 70% expecting it to close out the year below $2,000.

The crypto market took a battering Sunday morning as over $600 million in long positions were liquidated following U.S. attacks on Iranian nuclear facilities.

Crypto liquidations topped $701 million according to CoinGlass data, of which the vast majority, $618.69 million, were long positions. The total market capitalization of all cryptocurrencies dipped to $3.25 trillion, down 4.4% on the day, per CoinGecko. ETH liquidations over the past 24 hours topped $296 million, of which $269 million were long positions, while Bitcoin accounted for $152 million in liquidations, of which $125 million were longs.

Of the top 20 cryptocurrencies, the brunt of the losses were borne by Ethereum, down 7.4% in the past 24 hours to $2,260, and Cardano, down 7.1%. Bitcoin held relatively steady, down 1.4% on the day to $102,418.

On decentralized prediction market platform Myriad, users turned bearish on Ethereum, with the “Moon to $3000 or dip to $2000” market shifting from near even odds to over 70% expecting the price of Ethereum to drop below $2,000 by the end of the year (Disclaimer: Myriad was launched by Decrypt’s parent company DASTAN).

U.S. attacks Iranian nuclear facilities

In a post on the Truth Social platform Sunday morning, President Donald Trump announced that the U.S. had carried out “very successful” attacks on three nuclear sites in Iran. “Iran’s key nuclear enrichment facilities have been completely and totally obliterated,” Trump said in a follow-up address to the nation.

The raids saw B-2 bombers strike Iran’s fortified uranium enrichment facility at Fordo, while sites at Natanz and Isfahan were hit by submarine-launched Tomahawk missiles, according to U.S. Defense Department officials speaking to CBS News.

The attacks mark a a significant escalation in the ongoing conflict between Israel and Iran, with Israeli officials stating that they were “in full co-ordination” with the U.S. in planning the operation.

In a subsequent post on Truth Social, Trump stated that, “ANY RETALIATION BY IRAN AGAINST THE UNITED STATES OF AMERICA WILL BE MET WITH FORCE FAR GREATER THAN WHAT WAS WITNESSED TONIGHT.” Iran’s foreign minister Abbas Araghchi warned of “everlasting consequences,” and stated that the country “reserves all options” to defend its national sovereignty.

On Polymarket, prediction markets put the odds of Iran closing the Strait of Hormuz before July at 46%, up from lows of 9% the previous day, while the odds of it taking place by the end of the year hit 57%, up from lows of 31% the day before. However, predictors remained sanguine on the chances of the U.S. officially declaring war on Iran before July, putting the odds at just 2%.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

June 22, 2025 0 comments

Are Top Og Memecoins Dogecoin, Shiba Inu, &Amp; Pepe Coin Dead

GameFi Guides

Are Top OG Memecoins Dogecoin, Shiba Inu, & Pepe Coin Dead?

by admin June 21, 2025

A few years ago, Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE) dominated the memecoin market, always being in headlines. It’s not just about the buzz; these memecoin also perform well, but then as the memecoin market floods with the new memecoins.

Dogecoin is the king of memecoins, having started the trend of meme cryptocurrencies in the crypto space. It is also endorsed by popular figures such as Elon Musk, Snoop Dogg, and others. On the other hand, Shiba Inu is inspired by Doge and has gained tremendous buzz. SHIB generated some hefty gains and made a fortune for its early investors. PEPE is known as a dominator due to its extraordinary performance and cult-like fanbase.

However, in recent times, these coins have struggled a lot. Looking at the technical charts, DOGE hit its all-time high of $0.7376 four years ago on May 8, 2021. Right now it is down by over 78% from its all-time high.

Shiba Inu hit an all-time high of $0.00001271 in bull run 2021, and currently it is 87% down from its all-time high. PEPE hit an all-time high of $0.00002825 about 6 months ago, and currently it is down by 64% from its all-time high price.

So, the million-dollar question everybody is asking is, are these top memecoins dead? If you have the same question, you are at the right place. In this article, we will analyse DOGE, SHIB and PEPE and find out whether it is the end of these memecoin or they will bounce back. So, without wasting more time, let’s get started.

Dogecoin: The Memcoin Pioneer

On the daily technical chart, DOGE price is trading below the 50-day and 200-day EMA levels, showcasing a bearish trend. RSI is at 34.51 below the 14 SMA line, showcasing bearishness. The chart pattern and indicators show that the Dogecoin price is in the control of sellers right now.

Currently, the price stands at $0.2095, which is a large drop compared to the highs of more than $0.48 in December 2024. Since March, the OG memecoin has been in a definite downtrend as the price has been making lower highs and lower lows.

The technical arrangement shows a descending falling pattern, where the price keeps on testing the horizontal support of around $0.14-$0.16 and is limited by a falling trendline resistance.

The RSI is in a bearish zone shows that it is oversold, but not yet in a strong divergence, which means that there is still more room to fall.

The recent failure to break the resistance zone of $0.20-$0.18 shows that selling pressure is still present. The important support to monitor is the critical one at $0.14, where a break may fasten the fall to $0.10. To turn the momentum, DOGE must regain the $0.25 mark and move above the downward trendline in any recovery.

Shiba Inu: The Buzzing Star

SHIBA INU is trading at a price of $0.00001142 and is on a downward trend, having been rejected at higher resistance levels. The technical chart shows a definitive bearish trend where the price action keeps falling since the December 2024 high of about $0.000033.

The 200-day and 50-day exponential moving averages are the dynamic resistance, and the token is struggling below the key support levels. The RSI value of 34.65 is oversold, which implies that a short-term rebound could be seen in the Shiba Inu price.

The short-term support is at the level of $0.000010, and the resistance is at $0.000012 and $0.000015. If SHIB gets the buyers’ support, it could recover to the $0.00001269 mark. The larger technical framework is, however, weak, and any lasting recovery above current resistance levels will need a huge influx of volume and a change in market sentiment.

PEPE: The Dominator

The PEPE daily trading chart shows a memecoin that is in a strong downtrend after a December 2024 major rally. However, after touching $0.00000522, PEPE showed a remarkable rebound, touching a high of $0.00001549. But buyers are unable to maintain the positive momentum, and the price halted below the 50-day and 200-day EMA levels.

At the time of writing PEPE price is trading at the price of $0.00000999, and the price is falling consistently. The next support for the Pepe price is at $0.00000760 and $00000522. Moreover, the 50-day EMA and 200-day EMA levels are about to form a bearish cross, which showcases more bearishness.

The RSI is heading in the downward direction currently at 39.57 below the 14 SMA line, showcasing overbought conditions. If the price breaks the $0.00000760 level, investors may witness further downside.

Final Thoughts

It seems that the history of DOGE, SHIB, and PEPE is a typical story of rise and fall, but its not the end. These memecoin kings who ruled the crypto kingdom are now in the shadows, bloodied but not broken. DOGE, the first one that made a revolution, is 77% lower than its crown. SHIB, the ambitious competitor, has fallen by 87% off its throne. The ruler PEPE, licks its wounds after a 64% decline.

However, there is another truth behind the bearish charts and oversold indicators. They are not mere tokens, but movements, with armies of believers who have already gone through storms. These OG memecoins are not dead yet some analyst predict that these memecoins will be sign in the next Altcoin Season and it correct time to grab them. However, right now technicals are saying a different story. So weather these memecoin will comeback or not only time will tell.

Also Read: Altcoin Season 2025 Delayed? This Catalyst Could Bring Down Bitcoin

Source link

June 21, 2025 0 comments

Gaming Gear

This Air Purifier for Large Rooms Is Now Practically Free, Amazon Clears Out 4.5-Star Top Picks

by admin June 21, 2025

The air you breathe matters more than you might think. Between pollen, pet dander, dust, and whatever’s drifting in through open windows, it’s easy for indoor air to get a little stale or even irritating. That’s where a good air purifier comes in, and if you’ve been thinking about buying one, now’s a good time to jump in. You can get a great machine that can keep all the nasties out of your air at home while cleaning large spaces at a time. Because no one wants to have to buy multiple machines, if they can help it.

Head to Amazon right now to get the Ecoself Air Purifier, which is just $55, down from its usual price of $91. That’s $36 off and a discount of 40%.

See at Amazon

An affordable and efficient way to clean your home air

This unit is built to support spaces up to 700 square feet, so it’s good for bedrooms, home offices, small living rooms, or even dorm rooms. Its three-stage filtration system clears your air quickly and includes a pre-filter, a HEPA H13 filter, and an activated carbon filter. All of those components work together to trap dust, smoke, allergens, and odors floating around in the air. If you have pets or allergies, or just want your room to smell a little fresher, this is a good way to do it. Lingering odors are obviously no fun, and breathing in allergens can give you long-term, frustrating illnesses.

This air purifier can do all that and still run completely quietly. Even on higher fan speeds, the noise level stays low enough that it won’t interrupt a phone call or disturb your sleep. It also has a touch control panel that’s easy to use, and features like a timer, sleep mode, and real-time air quality monitoring to help you keep your space feeling clean and comfortable without expending a lot of unnecessary energy.

Plus, auto mode can detect changes in your air quality and adjust fan speed accordingly, so you don’t have to constantly tweak settings. That’s helpful if you’re cooking, cleaning, or just letting some fresh air in through an open window.

You’re getting all this for less than $100. For $55 (-40%), the Ecoself is an even better value. It’s a smart buy if you want cleaner air at home without overthinking it. Deals like this don’t stick around forever, so if you’ve been considering a purifier, now’s your chance. Or maybe you can gift it to someone else who needs cleaner air.

See at Amazon

Source link

June 21, 2025 0 comments

JD.com’s global stablecoin push aims to shave days off cross-border payments

GameFi Guides

Solana, Aptos tie for top spot in Wyoming’s hunt for WYST stablecoin partner

by admin June 21, 2025

Wyoming’s Stable Token Commission has placed Aptos and Solana at the forefront of its stablecoin initiative. One blockchain failed to meet requirements, sharpening focus on the two finalists.

After narrowing down an initial list of 11 candidates in April, Wyoming’s Stable Token Commission has now identified Solana (SOL) and Aptos (APT) as the top two blockchain networks under consideration for its WYST stablecoin.

The selection process, which included stringent checks on vendor support and technical robustness, saw one network disqualified due to undisclosed compliance concerns. The Commission’s latest update, confirmed by an Aptos post on X on June 20, signals a tightening race between two of crypto’s fastest-growing ecosystems.

The Wyoming Stable Token Commission has placed Aptos as the highest-scoring blockchain candidate for WYST—the first fiat-backed stablecoin issued by a U.S State—tying for 1st place with Solana.

WYST will be deployed using @LayerZero_Core. pic.twitter.com/CMUyRbs4Gq

— Aptos (@Aptos) June 20, 2025

Why Aptos and Solana emerged as frontrunners

Wyoming’s focus on Aptos and Solana for its WYST stablecoin isn’t arbitrary. Both networks deliver on three core requirements the Commission prioritized: high throughput, fast finality, and mature vendor support.

Aptos, born from Meta’s shuttered Diem project, has a unique advantage. The network claims its Block-STM parallel execution engine can handle transactions at high speed while maintaining sub-second finality. This architecture allows the network to scale to hundreds of thousands of transactions per second without compromising security.

Additionally, Aptos leverages Move, a programming language purpose-built for financial applications, which reduces risks such as reentrancy attacks.

Solana, meanwhile, has spent years testing its high-performance architecture in production. Its single, globally shared state enables lightning-fast transactions while keeping fees minimal.

For Wyoming, which needs a stablecoin capable of handling everything from instant tax payments to treasury operations, Solana’s proven throughput and growing institutional adoption made it a natural contender.

Solana already supports WYST test coins on its testnet and has undergone quarterly reviews by the Commission since late 2024, demonstrating its operational readiness. Its deep liquidity and composability across DeFi apps also position it well for seamless integration with existing financial tools.

Aptos, though newer, brings enterprise-friendly features such as on-chain upgradability, allowing for rapid protocol changes without disruptive hard forks. Backed by industry giants like Google Cloud and Microsoft, Aptos has positioned itself as a regulatory-compliant chain, an essential trait for a state-minted digital dollar.

Source link

June 21, 2025 0 comments

Crypto Trends

Why Is Ethereum Falling Today? Top 3 Reasons

by admin June 20, 2025

The Ethereum price has displayed increased bearish price action today, resulting in it retesting its $2,500 range. The value of ETH coin displayed signs of bullish build-up during the early Asian market, however, the value recorded a negative setback as the day proceeded.

On the other hand, the option expiry suggests a rising sell-off with more number of exiting the chain over the recent times. Amid such sentiment, investors are trying to understand the top reasons why Ethereum price is down today.

In this article, we will explore the short-term market sentiments and possible Ethereum price prediction.

Ethereum Options Expiry Suggests Increasing Bearish Sentiment!

The chart below from Laevitas highlights the ETH volume by expiration. It shows green bars representing calls, and red bars representing puts. The highest activity is observed on 21 of June 2025 (tomorrow) as the total volume of a contract amounted to 56.35K contracts (32.84K calls and 23.51K puts).

ETH Volume By Expiration, Source: Laevitas

The focus of the chart is that there have been trades around near-month expiration, specifically during this month, suggesting future volatility or market manipulations that may affect the forecast of the price of Ethereum on a significant level.

ETH Crypto Records Increased Outflow:

As per the data of DefiLlama, the Ethereum chain has experienced a significant drop over the past few weeks. Notably, from a peak of 27.99 million ETH on 06th of May, the numbers have dropped to 25.22 million today. This highlights a drop of approximately 10% in a span of 45 days.

Further, the sentiment highlights that more investors are now exiting the Ethereum chain, hinting at rising disinterest in it.

Ethereum Bulls Struggle At Key Moving Averages

The Simple Moving Averages (SMAs) 10, 50, 100, 200 is a key technical indicator used to analyze market trends by comparing price data over a specific number of periods. In the below chart, the SMA 100 & 200-days are on the verge of a negative crossover.

Moreover, they have acted as a strong resistance for the ETH coin price today as the altcoin faced a rejection at that point. This highlights a strong liquidation zone around that level that is $2,565. Following this, the value has dropped below the $2,500 mark, suggesting a rising bearish angle.

Additionally, the Volume shows a sharp increase in its latest candle, suggesting an increase in the selloff for Ethereum price in the shorter time frame. Volume is a key indicator used by traders to identify the bull and bear power in the market.

Considering the present market sentiments, the immediate test level of ETH coin stands at $2,475. Suppose, the bearish sentiment intensifies, this could lead the price to drop toward its crucial support of $2,384.75 within a short period.

However, a bullish reversal could lead the price toward its resistance of $2,525. A sustained bullish action may push the value of Ethereum price toward its upper resistance level of $2,578 shortly.

Also Read: Fed May Cut Rates in July, How will it Impact Bitcoin and Crypto?

Source link

June 20, 2025 0 comments