Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Crypto Watch: Will LINK, ARB, TAO, PEPE, and ONDO Break Key Resistance Levels This Week?

Crypto Watch: Will LINK, ARB, TAO, PEPE, and ONDO Break Key Resistance Levels This Week?

CoineditionCoinedition2025/05/29 16:00
By:Victor Joel
  • LINK holds above $15 as volume surges; bulls target breakout toward $16.50–$18.50.
  • PEPE jumps 59% in May, testing $0.000015 resistance with $0.000018 as the next key target.
  • TAO trades at $430, consolidating between $400–$475 with $460 as breakout confirmation.

The altcoin market is facing a crucial turning point, as tokens such as Chainlink (LINK), Arbitrum (ARB), Bittensor (TAO), Pepecoin (PEPE), and ONDO approach key support and resistance areas. 

The various setups on specific assets may impact how the cryptocurrency market moves in the short term. Recently, crypto traders have been more active near key price levels, which has supported an increase in daily volume for several tokens.

Chainlink Price Analysis: LINK Holds Support at $15 Amid Rising Volume

Following a month that saw a 4.4% gain, Chainlink (LINK) has stabilized around the $15.66 mark. In May, the price tested the $15.00 zone multiple times and attempted to form a strong support level. On the daily chart, traders witnessed consistently higher lows, implying that, despite broader market fluctuations, buyers showed sustained interest.

Related: BTC, SOL, BNB, and ADA Funding Rate Flips Negative—Is the Crypto Market Bracing for a Drop?

The immediate resistance now lies at $16.50. Earlier in May, LINK tried to break this level but faced resistance. If it can move past this area, the next potential level is $18.50. Volume grew substantially, increasing by over 44% in 24 hours, indicating increasing interest. The downside is $13.80, which is the potential key support on a breakdown.

Arbitrum Technical Outlook: ARB Tests Resistance Near $0.45 With Rising Momentum

Arbitrum (ARB) has increased 23.6% over the last 30 days, climbing to $0.447 at press time. The token recovered from its May low near $0.34 and created a series of higher lows on the daily chart. This structure suggests a possible breakout as ARB trades near its next resistance at $0.450.

Traders expect ARB to keep climbing higher, toward $0.5 or even up to $1.5, should it close above the $1.0 mark. The 24-hour volume surged over 62%, reflecting renewed interest from shorter-term participants. However, support at $0.38 will be necessary if the selling pressure increases. A move below that may expose ARB to additional losses, with $0.33 acting as the next buffer.

TAO Price Update: Bittensor Consolidates Between $400 and $475 Ahead of Next Move

Bittensor (TAO) trades around $410 after gaining 14.8% this month. It has held firm above $400, a level that served as a floor throughout several sessions in May. Despite some short-term price swings, TAO maintains a bullish structure with higher lows since early April.

The resistance is in the $420 – $435 range. Over the last two weeks, this zone has capped multiple intraday rallies. A breakout would be at the $500 level. Nonetheless, a move below $400 might trigger the price to fall to $370. The broader structure is still supporting this consolidation range, but volume has declined slightly.

PEPE Chart Review: Meme Coin Attempts Breakout at $0.000015 After 59% Monthly Gain

Pepecoin (PEPE) has climbed 44.54% in the last month and trades at $0.00001287. After forming a base of around $0.00001268, the price began to climb steadily, creating a short-term ascending channel. Recent attempts to break the $0.00001340 resistance level suggest that bulls are preparing for a new leg higher.

The next target is $0.000018, and support is at $0.0000120. Should the price fall below that, then it could revisit $0.0000105. Active trading conditions and steadily higher lows continue to show interest in the market.

ONDO Market Level Focus: Price Range Between $0.88 and $1.05 Defines Near-Term Direction

At press time, ONDO is trading at $0.8620, down by 7.1% in the past month. The token has faced repeated resistance at $1.05 over the past few weeks, resulting in a range-bound structure. Multiple retests from both support and resistance as price action is capped between $0.81 support and $1.05 resistance.

If ONDO manages to close above $1.00, the next resistance zone stands at $1.20. Analysts claim this level is regarded as the key upside target should bullish momentum return. A break below $0.88 would create additional selling pressure on the downside. The next support is expected at $0.80, which was previously held during previous market corrections in March.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Is a New Altcoin Season Dawning? Comparing Bitcoin and Altcoins Outlook

Unpacking Predictions and Uncertainties Surrounding the Potential Onset of Altcoin Season

Coineagle2025/06/03 19:08
Is a New Altcoin Season Dawning? Comparing Bitcoin and Altcoins Outlook

Bitcoin ETFs bleed $268M while Ethereum catches fire

Share link:In this post: Bitcoin ETFs saw $268 million in outflows, marking three consecutive days of institutional pullback. Bitcoin price remains stuck near $105,000 with investor sentiment turning neutral after months of greed. Ethereum ETFs gained $78 million in inflows, extending an 11-day streak, while ETH price rose over 5%.

Cryptopolitan2025/06/03 15:48
Bitcoin ETFs bleed $268M while Ethereum catches fire

XRPL loses momentum in May as total transactions and trading volumes dip

Share link:In this post: XRPL saw over an 8% decline in monthly activity for May, with around 50 million in transaction volume. The network has been struggling to record DeFi activity, with only 10% of active wallets interacting with any dApp. Despite the low engagement, institutional adoption continues to grow, and XRP holders are bullish.

Cryptopolitan2025/06/03 15:48
XRPL loses momentum in May as total transactions and trading volumes dip