Technical Analysis

On 29 May 2026 at 19:24, Bitcoin briefly touched $74,000 after Donald Trump posted what he described as emerging US-Iran deal conditions on Truth Social. The price later eased to $73,700, with traders watching resistance at the 0.382 Fibonacci level of $74,155 and support near the SMA100 at $73,060.

Algorand (ALGO) rose 14% on Friday as some traders shifted attention from Bitcoin (BTC) and Ethereum (ETH) into utility-focused Layer-1 DLT coins, with Stellar (XLM) also showing strength. Technical watchers highlighted a Money Flow Index spike and said ALGO needs to hold above $0.118 to reduce bull-trap risk, while others pointed to a 2023-style pattern that previously preceded a push toward $0.28.

Between May 26–28, 2026, NEAR Protocol rose 15%, Worldcoin (WLD) gained 17%, and Render (RNDR) climbed 15% even as Bitcoin fell 7.8% and Ethereum dropped 9.4%. The move came during a risk-off stretch that included $897 million in long liquidations and a Fear & Greed Index reading of 33. The article argues AI-linked tokens are increasingly trading as their own sub-sector, supported by adoption narratives and the $11.78 billion AI agent market estimate for 2026.

On May 29, 2026, SUI traded around $0.905, down 2% on the day and roughly 18% on the week after losing the $0.927 0.786 Fibonacci level and an ascending trendline. The token is also below SMA50 ($1.005), SMA100 ($0.967) and SMA200 ($1.218), while the next chart support is flagged near $0.80–$0.82 and $1.030 (0.618 Fib) is described as a key resistance zone.

HBAR rallied 12% and was quoted at $0.093, sitting slightly above the mid-tier Bollinger Band while traders watched whether it can stay over $0.094. Technical signals were mixed: SuperTrend and parts of TSI turned positive, but CMF remained negative, suggesting cautious flows.

Chainlink (LINK) is trading around $8.92 after falling about 9.7% over the past seven days, while price held a 24-hour band between $8.81 and $9.06. A Mastercard partnership rolling out a fiat-to-crypto routing gateway has renewed attention on adoption, but key levels remain $9.02 resistance and $8.85 support with the broader trend still bearish.

Bitcoin hovered around $73,500 after slipping back toward the $73,000 area following an unsuccessful push to hold $77,000. Key levels highlighted include support at $72,000 and $68,900, with resistance at $75,000 and $78,000, while a break below $68,900 is framed as a bearish shift toward $66,000 and $60,000.

On May 29, Strategy transferred 411.48 BTC worth over $30 million to Coinbase Prime, prompting traders to speculate about the firm’s intent. Separately, Polymarket showed an 84% probability that Strategy will sell some Bitcoin before December 31, 2026. The move follows comments from Executive Chairman Michael Saylor suggesting BTC sales could be an option in certain scenarios, even as he posted “HODL” shortly before the transfer was highlighted.

On May-29, price action across ETH, XRP, ADA, BNB and HYPE remained mixed, with several tokens trading near key support or resistance zones. ETH was reported down 6% on the week while defending $2,000, XRP slipped 4% with attention on $1.4 resistance and $1.2/$1 support, and ADA fell 7% after breaking $0.24. BNB ended the week down 3% between $580 support and $690 resistance, while HYPE gained 6% but stalled near $64 with eyes on the low $50s and ~$52.

Advanced Micro Devices (AMD) rose 4.55% today with solid volume. Discover what AMD does, the drivers behind today’s move, the 2026 price outlook, and why traders are turning to BingX.