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Chainlink trades above $9 and could see a breakout amid a bullish technical setup.Market conditions and overall weakness may allow bears to eye support near $8.If bulls take control, LINK could rally towards past year highs.Chainlink price rose slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins showed strength amid easing investor jitters around the Iran war.While LINK price remains in a downtrend amid the crypto market’s overall sentiment, bulls are holding steady above $9 and could extend upwards as a key technical setup strengthens.At the time of writing, LINK’s price hovered around $9.13, up 3.4% in the past 24 hours and 6% in the past week as buyers pushed prices off lows of $8.40 reached on Monday, March 9.Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.LINK price todayChainlink’s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday’s dip.Daily volume stands at over $721 million.A notable aspect of LINK price over the past month or so is the resilience shown through inflows into spot exchange-traded fund products.According to SoSoValue data, Chainlink spot ETFs saw inflows of $2 million on March 9, up from $935k on March 6 and $1.93 million a day earlier.Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.Chainlink price technical forecastThe daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.Bulls’ gains in the past week have also pushed the token into a tightening consolidation pattern marked by a downtrend line from the highs of $27 hit in August 2025.As the chart shows, LINK has traded within a tight range between $7.84 and $9.55 since bouncing from the lows on February 5.The $8.10 level has acted as a key support level during this time.However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.Chainlink Price ChartChainlink price chart by TradingViewWhile LINK price remains confined within the bearish structure, a breakout is likely to catapult prices to an initial supply zone around $12.Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.On the downside, bears could have fresh momentum at the $8.32–$8.50 zone.But if bulls manage to hold above this area, LINK’s breakout structure will remain.The post Chainlink price technical analysis: LINK strengthens breakout setup appeared first on CoinJournal.

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Polkadot price fluctuated in a tight range near $1.50 on Tuesday.Bulls could push to above $1.67 ahead of DOT emissions cut.Sell-off pressure amid prevailing market conditions might derail this setup.Polkadot is trading near $1.50 as bulls position amid a potential breakout, with eyes on the upcoming upgrade and overhaul of DOT’s tokenomics.The cryptocurrency’s price is also off lows of $1.40 reached earlier in the week as investors ponder a potential boost to DOT from fresh institutional interest.Bulls recently celebrated the launch of the first US spot Polkadot ETF.DOT, ranked 33rd with a market capitalization of $2.54 billion, is bidding to extend gains amid overall upward movement for Bitcoin and top altcoins.Polkadot (DOT) holds near $1.50 as upgrade nearsPolkadot’s price shows an intraday range of $1.49-1.54 in early trading during the US session on March 10.The gains see buyers bid for a retest of recent highs, while holding the critical $1.50 level.The backdrop to this price action is a scheduled reset of Polkadot’s tokenomics.A new monetary framework will roll out on March 12, and analysts say anticipation could catalyze fresh momentum for DOT.The uptick this past week coincided with notable buying as traders positioned ahead of the event.Specifically, Polkadot’s tokenomics reset will involve the introduction of a 2.1 billion hard cap on DOT supply.The upgrade targets a 53.6% cut in emissions as well as staking.ETF buzz has also engulfed Polkadot over the past few days.This follows the debut of 21Shares’ spot Polkadot ETF, the first US spot DOT ETF that went live on Nasdaq under the ticker TDOT.The physically backed fund, seeded with $11 million, could strengthen the asset’s appeal as a longer‑term allocation within diversified crypto portfolios.Polkadot technical analysisFrom a technical perspective, DOT’s immediate focus is on converting the $1.50-$1.55 region from resistance into support.Bulls are eyeing three consecutive green candles on the daily chart and look to have stemmed the downtrend from highs of $1.75 posted in late February.RSI is neutral near 50, and an upturn could see buyers accelerate gains.However, after a choppy start to the year, trading around this level means bulls may not be out of the woods yet.Polkadot Price ChartPolkadot price chart by TradingViewThe token may thus trade sideways as consolidation picks pace.For a breakout, DOT has to achieve an emphatic daily close above $1.55.A successful breach of resistance at $1.67 amid a bullish retest could trigger follow-through buying.If this happens, it could open the door to a short-term test of recent local highs around $2.30.Conversely, failure to hold $1.50 will keep DOT confined within its descending channel. Major support lies around $1.22.The post Polkadot price outlook: bulls test key resistance near $1.50 appeared first on CoinJournal.

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Jupiter (JUP) price hovered near $0.17 amid a 6% intraday gain.The bounce coincided with Bitcoin’s spike to above $70,000.The move was also supported by a key Chainlink integration.JUP, the governance token of Jupiter, has bounced off recent lows as top cryptocurrencies record intraday gains.The DEX protocol’s token traded around $0.17 on Tuesday, with 24-hour gains of nearly 6% pushing it above a key support level.Jupiter Exchange taps Chainlink for prediction marketsJUP’s uptick coincided with the DEX platform’s strategic adoption of Chainlink technology to power its newly launched prediction markets.JUST IN: The largest decentralized exchange on Solana has adopted Chainlink to power its newly launched prediction markets, @jup_predict.@JupiterExchange's ($2.8B TVL) 5-min & 15-min markets for BTC, ETH, SOL, & more are now secured by fast Chainlink Data Streams market data. pic.twitter.com/gT8pCYZDrw— Chainlink (@chainlink) March 10, 2026Jupiter Exchange, recognised as the largest DEX aggregator on the Solana blockchain, has integrated Chainlink’s advanced oracle solutions to underpin its innovative prediction markets.These markets, now live with 5-minute and 15-minute settlement options, cover major assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).By leveraging Chainlink Data Streams, Jupiter ensures sub-second price feeds directly from premium exchange sources.It minimises latency and mitigates risks like front-running or oracle manipulation that plague traditional DeFi platforms.Jupiter users can now speculate on short-term price movements with heightened accuracy.Market participants view this integration as a catalyst for increased trading volume, with Chainlink’s secure, low-latency oracles enhancing user confidence.The move could attract liquidity providers seeking reliable settlement mechanisms and help shine a spotlight on Jupiter’s potential and thus on JUP.It’s only in many Jupiter milestones that have seen the exchange token become a top 100 cryptocurrency by market capitalisation.Jupiter price analysisThe JUP token has navigated a downward channel since plummeting from above $0.70 in April 2025.A broader weakness across crypto means that at the current price, the token’s value is down by more than 60% over the past year.Despite this bearish outlook, the token has bounced decisively from the channel’s lower boundary.Bulls are looking to stabilise above $0.17, and a flip in sentiment could catalyse further gains amid a breakout scenario.Technical indicators on the daily chart highlight this picture.Jupiter JUP Price Chart Jupiter price chart by TradingViewAs can be seen above, the Relative Strength Index (RSI) has recovered from oversold conditions and hovers above the neutral line.The indicator boasts a bullish divergence and signals a potential strengthening of the upward momentum.However, the MACD suggests a bearish reversal.If buyers hold the sway, more gains could push prices towards the immediate overhead resistance zone around $0.20–$0.22.A breakout could see bulls test the supply wall around $0.30.However, a rejection at current levels risks a retest of $0.15.The support level might act as a demand reload zone and result in fresh consolidation before another bullish move.If not, the price could drop to $0.100.The post Jupiter (JUP) price bounces amid key Chainlink integration: is $0.30 next? appeared first on CoinJournal.

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XRP may have completed a long correction and formed a market bottom.Analysts say the current setup mirrors the pattern before the 2017 rally.A Wave-5 breakout could drive XRP toward the $5.85 target.XRP has spent the past several months moving through a slow and frustrating consolidation phase that many traders now believe may represent the final stage of its correction.The digital asset is currently trading around $1.38 after a period of mixed performance that has seen short bursts of strength followed by pullbacks.This kind of sideways movement often appears near the end of a market correction, which is why some analysts are beginning to argue that XRP may already be forming a long-term bottom.The argument is based on a technical structure that looks strikingly similar to the pattern that developed before XRP’s historic rally in 2017.Back then, the token spent months drifting through a quiet accumulation phase while the broader market paid little attention to it.When the breakout finally arrived, the price accelerated rapidly and caught much of the market off guard.Today, analysts believe the same type of structure may be forming once again.$XRP's pattern setup and breakout process was extremely similar to that 2017 move and with this being, there is potential we see this overall run unfold in an identical manner.Doing so means that right now is only a temporary pullback before a move well above the $20 mark… pic.twitter.com/1MIriZ4Rqn— JAVON⚡️MARKS (@JavonTM1) March 7, 2026Several technical charts show XRP completing a large corrective pattern that has been unfolding for months.According to this view, the correction appears to have finished its final wave, which often marks the point where a new bullish cycle begins.If the structure continues to play out as expected, XRP could now be entering the early stage of its next major upward move.This possibility has renewed interest among traders who remember how quickly XRP moved once momentum returned during the previous cycle.Analysts point to a potential Wave-5 breakoutFurthermore, a number of market analysts have turned to Elliott Wave theory to explain why they believe XRP may be close to a turning point.Under this model, markets move through a series of impulsive waves followed by corrective phases that prepare the ground for the next advance.Some analysts, like Dark Defender, believe XRP has just completed an extended corrective structure that lasted several months.That correction appears to have formed an ABC pattern, which is often seen near the end of a downward phase.With that structure now appearing complete, analysts say the market may be entering the final upward wave of the cycle.This final stage is known as Wave 5 and is typically associated with strong bullish momentum.One widely discussed projection places the next major price objective near $5.85 if the breakout develops as expected.Reaching that level would represent a substantial recovery from current prices and would mark one of the strongest rallies XRP has seen in years.XRP completed the large C Wave with 5 Sub-Waves. Wave 5 towards the $5.85 level is here.
(N F A)#XRP Bull Run will be facemelting. pic.twitter.com/8yQaJcfLjq— Dark Defender (@DefendDark) March 10, 2026However, analysts also emphasise that the move will likely unfold in stages rather than in a straight line.Several resistance zones remain along the path, including levels near $1.88, $2.35, and just above the $3 mark.Each of these areas could slow the advance as traders take profits and the market absorbs new buying pressure.Still, clearing those barriers could open the door for a much larger move.Long-term projections stretch far beyond the first targetsWhile the $5.85 level has attracted attention in the short term, some analysts believe XRP’s potential upside could extend much further.A more aggressive interpretation of the current wave structure suggests the asset could eventually climb toward the $8 to $14 range during the next phase of the cycle.In the most optimistic scenario, the…
Internet Computer price jumped 12% to near $3 during Asian trading hours.The ICP token hit the intraday highs amid news of listing support by Upbit.If ICP breaks above $3, it could retest highs of $4.55.The Internet Computer Protocol (ICP) token rose sharply early Wednesday, trading to $2.94 amid a two-fold spike in daily trading volume.While the uptick comes amid a slight resurgence in broader cryptocurrency market volatility, what else might have catalysed ICP’s gains?As of writing on March 11, 2026, the token’s price hovered around $2.76, and the key question is whether bulls can extend the upward move.Why did the ICP price spike?The gains for the Internet Computer token mirror those of the Artificial Superintelligence Alliance and Render tokens, both of which traded higher amid fresh AI sentiment.Bitcoin’s tick up to near $71k also looks to have buoyed altcoins.However, one specific reason the ICP price is up today could be news that Upbit, South Korea’s largest crypto exchange, will list ICP for spot trading.The announcement on Mar 11 revealed pairs against the Korean won (KRW), Bitcoin (BTC), and Tether (USDT).As with other such listings, Upbit’s move could open ICP to millions of new users.Notably, support on Upbit significantly enhances liquidity and trading volume for ICP, with the exchange boasting a dominant market share in one of the world’s most active crypto regions.The Internet Computer Protocol aims to provide native cloud computing capabilities that could replace traditional cloud services and IT infrastructure, positioning ICP as a foundational blockchain for Web3 applications.Analysts anticipate this listing will catalyze further adoption, particularly as South Korean retail investors flock to innovative layer-1 projects amid rising interest in AI and decentralized tech.ICP price analysisICP’s climb to near $2.90 follows a period of consolidation that saw prices fluctuate between $2.30 and $2.60.The sharp rise on Wednesday allowed buyers to breach the resistance, with data indicating bulls did it on elevated trading volumes. Could ICP prices go higher?From a technical perspective, the daily chart paints a potential short-term bullish picture.The daily RSI has gained but is still below the overbought territory, while the MACD is signalling upside momentum with an expanding histogram.Bulls have also pushed above the 50-day moving average (currently at $2.60).ICP Price ChartICP price chart by TradingViewIf upside momentum holds, a breach and successful retest of $3.00 could pave the way for gains to the 200-day moving average at $3.73.A key support-turned-resistance zone hovers around $4.55.However, market sentiment remains cautious as the Fear & Greed Index metric lingers in the “fear” territory.As such, the positive trajectory for ICP holders could yet flip negative.If prices fall below $2.50, the immediate demand reload zones could be $2.35 and then $2.20.The post Internet Computer token surges 12% to near $3: why did ICP price spike? appeared first on CoinJournal.

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QCP sees Bitcoin as a ‘stress barometer’ amid macro, geopolitical risks.BTC continues to eye $70,000 as support, with gains key to upside continuation.Breakdown risks BTC retesting $63k lows, where prior dip-buying emerged.Bitcoin (BTC) continues to show resilience near the critical $70,000 level after today’s US CPI data.The bellwether digital asset had traded slightly off this mark earlier in the day.According to analysts at Singapore-based trading firm QCP Capital, Bitcoin’s uptick from lows of $63,000 suggests stabilisation.However, the continued fluctuation around the $70k mark signals that the market is yet to return to full risk-on sentiment.QCP sees Bitcoin as a ‘stress barometer’ amid geopolitical risksWhile bulls have been patient, the broader context of BTC’s next move combines factors around escalating Middle East risks and the US economic outlook.QCP has highlighted this in its latest forecast for cryptocurrencies, noting that BTC acts as a “cleaner stress barometer” amid stagflationary pressures.5/ With US CPI due later today, markets are highly sensitive to any shift in the inflation narrative. For crypto, $ETH remains the higher-beta sentiment check, while $BTC continues to act as the cleaner stress barometer.Read the full market colour: https://t.co/IKB2AfCFB6— QCP (@QCPgroup) March 11, 2026Bitcoin held relatively firm even as equities came under pressure amid escalating tensions in the Middle East, with the US-Israel conflict with Iran weighing on stocks and pushing Treasury yields higher.The benchmark cryptocurrency also remained close to the $70,000 level as oil prices retreated after a sharp rally toward $120.However, QCP Capital said the recent swings in crude oil have exposed fragile liquidity and positioning across macro markets, a dynamic that could keep digital assets on edge.Derivatives markets reflect this cautious tone. Implied volatility has eased, but risk reversals remain negative, suggesting traders continue to favour short-dated downside protection rather than aggressive bullish positioning.According to QCP, the current setup also underscores Bitcoin’s growing role as a “cleaner stress barometer” during periods of macro uncertainty.Bitcoin’s outlook after the US CPI printData from the US Bureau of Labor Statistics released on March 11, 2026, showed consumer price inflation rose broadly in line with expectations.The US Consumer Price Index (CPI) increased 0.3% on a seasonally adjusted monthly basis and 2.4% from a year earlier.Core CPI, which excludes volatile food and energy prices, rose 0.2% for the month and 2.5% annually.The figures were largely in line with consensus forecasts.Bitcoin moved modestly higher following the release, climbing back above $70,000 to trade around $70,230 at the time of writing.Meanwhile, US stock futures edged lower after the report as investors also reacted to news that Iran had attacked two ships in the Strait of Hormuz, adding to geopolitical uncertainty.The February CPI reading reflects inflation conditions before the escalation of the Iran conflict and the recent surge in oil prices.Analysts say upcoming macro data, next week’s Federal Open Market Committee (FOMC) meeting, and developments in the Middle East will remain key drivers of near-term market sentiment.From a technical perspective, Bitcoin needs to reclaim the 200-week exponential moving average (EMA), which continues to act as a significant supply zone despite recent attempts to move above it.Immediate resistance is seen in the $72,000–$75,000 range, while support is located around $63,000–$64,000.The post Why QCP Capital says BTC is a ‘stress barometer’ appeared first on CoinJournal.

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TRUMP meme coin slides to $2.86 amid selling pressure.The team has moved 5 million tokens to Binance, sparking fears of a sell-off.The key support sits at $2.80 with $2.50 as the next downside level.The price of Official Trump (TRUMP) memecoin has fallen sharply as selling pressure continues to dominate the market.The politically themed meme coin is trading around $2.86 after losing more ground over the past 24 hours.TRMP memecoin price chartSource: CoingeckoThis drop extends a deeper slide that has pushed the token down more than 16% over the last week.The continued decline has left the asset hovering near its lowest levels since its explosive debut rally.Analysts now believe the current move reflects a broader loss of momentum rather than a brief pullback.Sentiment around the token has also cooled significantly as the excitement that once fueled its rapid rise fades.Official Trump team moves $5 million tokens to BinanceThe situation intensified after reports emerged that wallets connected to the project moved roughly five million TRUMP tokens to the exchange Binance.The transfer was valued at more than $17 million at the time it occurred.Large movements of tokens to exchanges often raise concerns that insiders may be preparing to sell, and such activity can quickly trigger anxiety among traders who fear additional supply entering the market.That fear alone can be enough to push prices lower as investors rush to exit positions.In this case, the timing of the transfer has added to the already bearish mood surrounding the token.The market had already been showing signs of weakness before the transaction became public.Selling pressure has remained steady for several weeks, preventing any meaningful recovery attempts.Even brief rebounds have struggled to gain traction as traders continue to reduce exposure.Lower trading volume in recent sessions also suggests that buying interest has faded.When demand weakens during a downtrend, sellers often dictate the market’s direction.This pattern has been clearly visible in the recent price action.Other micro and macro factors affecting TRUMP meme coinBitcoin (BTC) has slipped slightly during the same period, adding to a risk-off environment for digital assets.Although the wider market declined modestly, meme coins tend to respond more aggressively to shifts in sentiment.Assets driven largely by hype and narrative often struggle when traders become more cautious.The TRUMP token is particularly sensitive to sentiment because its appeal is closely tied to the public perception of Donald Trump.As political narratives shift, investor enthusiasm for the coin can change just as quickly.This connection between politics and price action has made the token one of the most sentiment-driven assets in the crypto space.Recent developments suggest that the speculative energy surrounding the project is waning.Without fresh catalysts or renewed social media hype, the token has struggled to attract new buyers.That lack of momentum has left the coin vulnerable to extended corrections.The sharp drop from its peak earlier in the year highlights how quickly meme-driven rallies can reverse.What once looked like unstoppable momentum has turned into a steady downtrend.For now, traders appear to be waiting for clearer signals before committing to new positions.TRUMP price forecastFrom a technical standpoint, the most important support level is near $2.80.Holding above this level could allow the token to stabilise and enter a consolidation phase.Such a period of sideways movement would indicate that selling pressure is beginning to slow.However, a decisive break below $2.80 could open the door to another wave of losses, with the next key level traders should watch around $2.50.A move toward that area would continue the current bearish trend.On the upside, the first sign of strength would be a recovery back above the $3.00 mark.Reclaiming that level could signal that the recent downtrend is losing momentum.Until that happens, the overall market bias remains cautious.Traders…
Ethereum price hovered just above $2,000 as whales moved ETH off exchanges.Large holder activity sees Ethereum exchange balances fall by over 74,000 ETH this week.Bulls could eye $2,188 and potentially $2,600 amid a technical breakout.Ethereum’s price is holding near the $2,000 level, with bulls eyeing fresh moves above what many analysts see as a crucial psychological level.The top altcoin traded within a tight range on Thursday, as Bitcoin showed resilience near $70,000.However, ETH could test recent highs above the level, with whales signaling fresh confidence through notable exchange withdrawals.ETH whales move coins off exchangesDetails shared by the smartmoney on-chain platform Lookonchain on March 12 indicate that Ethereum whale activity is picking up new momentum.The Lookonchain X account spotlighted two of these large holder moves, with a newly created wallet address withdrawing 11,629 ETH worth about $23.7 million from Binance.This transfer is critical as fresh wallets signal new entrants positioning for long-term appreciation.Notably, Lookonchain also spotted a 63,324 ETH transfer by the whale address 0x8E34. According to the details, this bullish move, worth about $131.2 million, was from the crypto exchange Kraken.Whales are buying $ETH!Someone created a new wallet (0xfDe8) and has withdrawn 11,629 $ETH($23.71M) from #Binance in the past 2 days.Earlier, we also reported that whale 0x8E34 withdrew 63,324 $ETH($131.2M) from #Kraken in the past 2 days.https://t.co/c0fmBE42N6pic.twitter.com/ro8ikqlk4l— Lookonchain (@lookonchain) March 12, 2026What does this mean?Whale activity had recently subsided as bears threatened to annihilate bulls amid the Iran war.However, with analysts projecting a likely scenario where crypto rallies in the coming months, exchange outflows are on the rise again.The two whales have, for instance, moved over 74,950 ETH worth roughly $155 million from centralised exchanges.Such large-scale shifts can reduce sell-side pressure as fewer coins are available on CEXs compared to historical averages. This relates to an indicator called the scarcity index, which, as the data shows, has shifted positively.The upbeat outlook for the altcoin comes as Ethereum spot exchange-traded funds recorded a second consecutive day of net inflows with over $57 million on March 11, 2026.Net inflows increased from $12.6 million on Tuesday, ending a three-day outflow streak.US spot ETH ETFs are also on track for another week of positive flows, with ETH price holding near the $2,000 level through this period.Ethereum price analysisBulls have struggled since losing the $3,000 mark earlier in the year, and at current levels, hover about 30% down year-to-date.Macro and geopolitical headwinds have largely allowed bears to dominate. If BTC sinks amid the Iran war sentiment, Ethereum would likely plummet alongside it.Yet, despite overall sentiment, prices have held within the $1,800-$2,100 range in recent weeks, and $2,000 has emerged as a key short-term pivot mark.ETH presents a bullish outlook amid its consolidation around this level, with on-chain metrics such as stablecoin inflows, ETFs, and declining exchange reserves pointing to a potential uptick.Meanwhile, technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence strengthen this perspective.The daily chart shows the RSI hovers near 50, neutral but trending upward. The MACD boasts a bullish outlook with the histogram bars green and expanding.Ethereum PriceEthereum price chart by TradingViewIf prices climb to the channel resistance, bulls may test the 50-day moving average at $2,188. The 100-day moving average provides a dynamic supply wall just above $2,600.However, the moving averages are trending lower. A close below $1,950 might allow for a bearish retest of $1,800 and potentially YTD lows of $1,740.ETH changed hands at around $2,057 at the time of writing.The post Ethereum price forecast: bulls hold $2K support amid CEX outflows appeared first on CoinJournal.

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Hyperliquid price rose to  its highest level in over a month as it touched $38.08.The HYPE is up amid increased trading activity as open interest jumps to over $1.56 billion.Technical indicators on the daily chart suggest a bullish continuation.The Hyperliquid token climbed to a five-week high above $38 on Thursday, as renewed buying momentum strengthened the bullish push toward a potential new all-time high.Although HYPE had pulled back slightly from its intraday peak at the time of writing, the token was still up 17% over the past week and about 48% year-to-date.The price move was accompanied by a sharp rise in trading activity, with 24-hour volume jumping 43% to more than $464 million.The platform’s native token gained traction as Bitcoin held near the $70,000 level, while major altcoins also approached key technical levels.What’s driving the HYPE price up?Bitcoin’s rally above $70,000 following Wednesday’s CPI data helped lift sentiment across the broader crypto market, even as geopolitical tensions continued to escalate.Gains among major altcoins also provided momentum for smaller tokens such as Hyperliquid.However, HYPE appears particularly well positioned for a potential breakout as trading activity in the energy sector intensifies amid the escalating U.S.–Israel conflict with Iran.Data from Coinglass shows that Hyperliquid’s open interest rose from $1.18 billion to more than $1.56 billion, marking a 32% increase between March 6 and March 12, 2026.Much of this activity has been driven by traders entering futures positions as oil prices surged. Crude briefly climbed toward $120 before pulling back.Even after the retreat, prices remain above $100, as the Strait of Hormuz blockade continues to disrupt a key global shipping route, with Iranian leaders insisting the waterway should remain closed.As Bloomberg recently reported, trading activity on Hyperliquid has surged under these conditions, with futures volume reaching about $2.2 billion in the past 24 hours.At the same time, the platform’s stablecoin market capitalization increased nearly 3% to $4.76 billion.Hyperliquid price: Is a new ATH next?HYPE is currently trading at its highest level since February 3, 2026.A similar price zone was last tested in November 2025, when bullish momentum weakened and the token failed to maintain support.The latest retest raises the question of whether Hyperliquid could be setting up for a fresh push toward a new all-time high. If the current momentum continues, bulls may increasingly target that milestone in the near term.Meanwhile, crypto investor Arthur Hayes has projected a much more aggressive outlook, suggesting that HYPE could climb to $150 by August 2026, driven by strong platform growth and token buyback dynamics.HYPE price short-term technical outlookOn the daily chart, Hyperliquid has formed a golden cross, with the 50-day SMA moving above the 100-day SMA, a signal that typically points to strengthening bullish momentum.The token has also broken out of an ascending triangle, a pattern often associated with continuation of an upward trend.Meanwhile, the daily RSI remains above 66, suggesting strong buying momentum while still leaving room before entering overbought territory.At the same time, the MACD indicator shows expanding histogram bars following a bullish crossover, reinforcing the positive momentum in the near term.Hyperliquid Price ChartHyperliquid price chart by TradingViewFrom a technical standpoint, the first resistance lies in the $38–$42 range, followed by a stronger barrier around $48–$50.A decisive close above $38 could open the door for a move toward these levels, with the all-time high above $59 emerging as a potential target if bullish momentum strengthens.On the downside, if broader market weakness triggers a pullback, initial support is likely near $33.A deeper correction could bring the 50-day SMA around $30 and the 100-day SMA near $28 into focus as key demand zones.The post Hyperliquid price prediction: can HYPE hit a new ATH after $38 break? appeared…
Playnance to launch G Coin on March 18.Token enters market with 200,000 holders and $38M estimated valuation.Ecosystem processes millions of daily interactions across gaming, sports, and prediction markets.Playnance, a Web3 infrastructure company focused on blockchain-based digital entertainment platforms, is preparing to launch G Coin, the utility token powering activity across its ecosystem of on-chain gaming, prediction markets, and interactive financial platforms, on March 18.Unlike many token launches that occur before meaningful product adoption, G Coin enters the market as part of an already active ecosystem.According to Playnance’s public tracker, the token currently has more than 200,000 holders, with about 13 billion G Coin distributed during the presale phase and an estimated market capitalisation of around $38 million ahead of its Token Generation Event.G Coin serves as the unified economic layer of the Playnance ecosystem, enabling gameplay activity, predictions, settlements, rewards, and other forms of participation across the network’s platforms. “On March 18, G Coin will enter the market with real adoption already in place,” said Pini Peter, CEO of Playnance. “With more than 200,000 holders and millions of daily on-chain interactions, G Coin introduces a usage-driven token economy designed to grow alongside its expanding global community. There are many other surprises on the way to take the entertainment world to the next level. Stay tuned.”The token runs on PlayBlock, Playnance’s blockchain infrastructure designed to support fast, gasless interactions while maintaining non-custodial ownership and on-chain transparency.The wider Playnance ecosystem operates at scale across multiple digital entertainment platforms.Its infrastructure supports more than 300,000 registered accounts, integrates with over 30 game studios, and hosts more than 10,000 on-chain games.Across the network, platforms process roughly 2 million on-chain transactions daily and enable interaction with over 2.5 million sports events annually.Together, these systems create a high-volume on-chain environment where millions of daily interactions across gaming, sports, and financial prediction markets are powered by G Coin.Recent developments across the ecosystem point to continued activity growth ahead of the token launch.Earlier this year, Playnance reported that its “Be The Boss” partner program had surpassed $2 million in real cash payouts, while the broader ecosystem generated more than $5.3 million in total revenue.G Coin operates under a fixed supply model capped at 77 billion tokens, with no future minting.Circulating supply is managed through a structured lock-and-release system.Tokens lost through gameplay are locked for 12 months before returning to circulation according to their original loss date.Unsold tokens from the Token Generation Event are subject to a 12-month cliff followed by a 24-month linear vesting schedule.With the launch of G Coin, Playnance aims to formalize the economic layer supporting its digital entertainment infrastructure, linking gameplay, sports events, prediction markets, and partner platforms within a unified on-chain ecosystem.The post Playnance plans to list utility token G Coin on March 18 appeared first on CoinJournal.

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ADA traded near $0.26 as bulls looked to break above a key resistance line.Open interest hovered around $414 million, sharply down over the past month.ADA price could drop to $0.22 or lower if bears strengthen.Cardano’s ADA remains under pressure as buyers struggle to regain momentum, with the token retreating from a key technical resistance level near $0.26.The cryptocurrency is now down more than 20% year to date.The decline has also pushed Cardano out of the top 10 cryptocurrencies by market capitalisation, after Hyperliquid (HYPE) climbed to around $38 and moved into the 10th position on CoinMarketCap.As of March 12, 2026, Hyperliquid’s market capitalisation stood at about $9.6 billion, slightly ahead of Cardano’s $9.4 billion.The ranking shift could reverse if a potential recovery driven by bullish network-related developments supports ADA’s price.Otherwise, the prevailing downtrend could push the altcoin toward new multi-month lows.Cardano open interest falls to $414 millionCardano’s ADA has trended lower since reaching a peak of $1.01 in August 2025, with derivatives market data reflecting the weakening momentum.Over the past several months, Cardano’s open interest has declined sharply from about $1.87 billion when the token rallied above $1.By October 2025, open interest in outstanding ADA futures contracts had fallen to roughly $1.5 billion, before dropping further to around $842 million by mid-January 2026.The metric now stands at approximately $414 million as of March 12, 2026.Open interest typically falls as leveraged positions unwind, indicating reduced participation from speculative traders.The decline of more than 50% from January levels suggests that confidence in ADA’s near-term price outlook has weakened, aligning with the token’s broader bearish trend.ADA price outlook: bulls face downtrend riskCardano price hovers near the resistance line of a parallel channel formed since Feb. 26.Prices slipped below $0.27 earlier this month amid comments from founder Charles Hoskinson.From a technical analysis point of view, a breakout looks likely as bulls hold onto support near the trendline.However, sellers have shown conviction, keeping ADA within a channel formation in place since October 2025.In terms of the short-term outlook, momentum indicators on the daily chart reinforce the downward risk.As can be seen below, the Relative Strength Index (RSI) signals weakness under the 50 mark, while the MACD also suggests buyers’ indecision could play into bears’ hands.Meanwhile, the 50 and 100-day SMAs indicate downward strength.Cardano ADA Price ChartCardano chart by TradingViewCardano’s price is down more than 20% YTD and 70% in the past six months.This means that failure to strengthen its recovery could risk ADA plunging to year-to-date lows of $0.22.If price breaks below this level, ADA could face a deeper bearish setup.However, if gains across crypto and network-related developments boost a fresh uptick, it could invalidate this outlook.Breaking above the downtrend line and closing above $0.28 would embolden buyers, with key targets at $0.30 and $0.33.Even then, bulls may need to reclaim $0.45 as support to retake control.The post Cardano price outlook as open interest drops appeared first on CoinJournal.

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Bitcoin is charging toward $73,000 amid a fresh decoupling from the stock market.The surge in BTC price comes despite fears around escalating oil prices.Ethereum, XRP, and Solana are also eyeing momentum as traditional assets falter.Bitcoin climbed past $72,500 on Friday, extending gains ahead of the Wall Street open.The cryptocurrency had earlier broken above $72,000 after buyers pushed it out of a consolidation range below $70,000.The move came as digital assets appeared to shrug off a broader sell-off in equities.At the time of writing, Bitcoin was trading around $72,518, up roughly 4% over the past 24 hours.The rally to intraday highs came even as Asian stocks declined and S&P 500 futures slipped amid heightened geopolitical tensions.Ethereum followed Bitcoin higher, touching intraday highs near $2,157.Other major altcoins, including XRP, Solana, and BNB, also posted gains around key price levels.BTC eyes $73kAnalysts attribute BTC’s uptick to crypto’s resilience in recent weeks despite the slump in sentiment following Israel and the United States’ attack on Iran.While the war and the blockade of the Strait of Hormuz have stoked fears of inflation amid soaring oil prices, on-chain data suggests whales have used the dip for accumulation.The crypto market has largely weathered the initial storm of the Iran war, and analysts are pointing to fresh decoupling from broader risk asset sentiment.Amid this potential momentum buildup, Bitcoin is targeting its highest level in nearly two weeks.After dipping to lows of $63,000 on February 28, BTC pumped to above $74,000 on March 4.Bitcoin Price ChartBitcoin price chart by TradingViewFour consecutive red days saw bears push the bellwether crypto asset to lows of $65,000.Since then, it’s been up on the daily chart as bulls target a fifth green candle.If this happens, a breakout above $73,000 could bring the $75k-$78k region into play.The 100-day simple moving average could offer the next resistance zone around $81,162.Why could BTC see a sharp pullback?This downside outlook aligns with potential fragility catalysed by geopolitical uncertainty and global oil pressures.According to analysts, higher prices reinforce inflation risks and constrain risk appetite as yields rise and the US dollar strengthens.Meanwhile, BTC and crypto may also face a downturn in momentum as investors slash odds of immediate Fed rate cuts.Glassnode highlighted this picture via X:“An accumulation cluster is forming in the $62k–$72k range. However, its intensity is modest relative to prior phases that preceded sustained expansions. Conviction is building, but the foundation for a mid-term breakout remains thin so far.”Investors could thus go for profit-taking.On the downside, immediate support lies at the psychological support level at $70,000. A stronger floor could be at prior lows near $66,250.The post Bitcoin targets $73,000 as crypto bounces despite oil price jitters appeared first on CoinJournal.

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Solana, Cardano, and BNB prices rose as Bitcoin surged past $73,000.Altcoins surge as SOL passes $92, ADA hits $0.28 and BNB nears $675.Price gain caught leveraged traders off guard, with over $370 million liquidated across crypto.​Cryptocurrency prices climbed on Friday as risk assets attempted a rebound amid easing oil prices, with Solana (SOL), Cardano (ADA), and Binance Coin (BNB) among the tokens posting notable gains.As these altcoins approached key price levels, bearish traders were caught off guard by the sharp move higher.The spike wiped out many short positions, pushing total 24-hour liquidations beyond $370 million.Most of the liquidations involved BTC and ETH shorts, though Solana also experienced a significant wave of forced exits.SOL, ADA, and BNB surge to key levelsAs US stocks posted modest gains alongside a pullback in oil prices, sentiment across the crypto market turned sharply positive.The broader rebound pushed Solana (SOL) above $92, marking a 24-hour gain of more than 6% as renewed investor confidence returned to the market.Cardano (ADA) also moved higher, reaching $0.28 after rising about 5% over the past 24 hours. The rally helped ADA reclaim its place among the top 10 cryptocurrencies by market capitalization, ahead of Hyperliquid.Among other leading altcoins, BNB advanced to around $675, gaining roughly 3% during the same period.These moves came alongside Bitcoin’s sharp rally above $73,000, with BTC reaching intraday highs of $73,758 at the time of writing.The surge also lifted Ethereum (ETH), which climbed above $2,200 during the session.CRYPTO MARKET UPDATE:•⁠ ⁠BTC: $73,452
•⁠ ⁠ETH: $2,191
•⁠ BNB: $675
•⁠ ⁠SOL: $92 pic.twitter.com/OPTgNVWhuj— SolanaFloor (@SolanaFloor) March 13, 2026​Liquidations jump 120% as shorts feel the pressureAccording to data from CoinGlass, more than 93,680 traders were liquidated over the past 24 hours, with total liquidations exceeding $370 million.Bitcoin accounted for more than $154 million in liquidations, while leveraged Ethereum traders saw more than $115 million in positions wiped out as ETH moved above $2,150.On the global exchanges, the single largest liquidation occurred on Hyperliquid in the BTC-USD pair, with a trade valued at $4.24 million.Meanwhile, more than $20 million in liquidations were tied to Solana positions, with long positions accounting for only about $2.4 million of that total.Short sellers took the biggest hit, with more than $18 million in SOL short positions wiped out as Solana’s price volatility exceeded 8%. CoinGlass data also showed that more than 3,500 traders were liquidated as SOL crossed the $91 mark.Elsewhere, BNB recorded roughly $820,000 in liquidations, while ADA saw about $985,000 in positions wiped out.Such liquidation cascades can accelerate price rallies, as forced buying from margin calls injects additional liquidity into rising assets. Analysts say this dynamic often appears at the early stages of stronger market uptrends.However, with macroeconomic and geopolitical risks still present, prices could remain volatile as traders continue to reposition.The post Bitcoin tops $73K as SOL, ADA and BNB surge; $370M in shorts wiped out appeared first on CoinJournal.

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XRP price hovers above $1.50, a four-week high.The Ripple cryptocurrency is up amid gains for Bitcoin.Traders are bullish despite $76 million in fund outflows last week.XRP price rose to highs of $1.50 on Monday as corporate developments at Ripple and the broader market dynamics fueled bullish bets on the token.Bulls’ resilience around $1.30 looks to be paying off as gains over the past week rise to double digits, with XRP hitting a market cap of over $90 billion despite recent outflows from Ripple-tied investment products.While current market conditions could curtail momentum, the gains seen over the past week suggest buyers may have room to test sellers’ resolve above $2.00.XRP price hits $1.50 – why is it surging?XRP is currently holding onto gains of around $1.50 after top altcoins mirrored Bitcoin’s surge earlier in the day.As BTC climbed to above $74,000 and Ethereum pumped toward $2,300, XRP edged higher to reach prices last seen in mid-February 2026.Gains align with a pivotal boost that came from reports of Ripple launching a $750 million share buyback program.The move offers early investors and employees a liquidity exit at a staggering $50 billion valuation as Ripple bids to stay private.Fund flows not so encouragingThe past month has not been good for Ripple’s cryptocurrency in terms of attracting institutional interest in XRP investment products.CoinShares notes that XRP saw over $76 million in capital exits from related digital asset investment products last week.More than $133 million has exited XRP funds in the past month, leaving year-to-date flows at just over $19 million.The cryptocurrency’s total assets under management currently stand at $2.4 billion.XRP price technical outlookDespite the recent outflow streak, speculative confidence has pushed open interest up.Macroeconomic and geopolitical tensions from the ongoing Iran war aside, the Ripple coin could eye a retest of the $2.00 level.On the bullish side, momentum could accelerate if Bitcoin rides energy sector uncertainty to above $80,000.Technical indicators point to XRP’s readiness for an explosive uptick, with Bollinger Bands showing unprecedented compression reminiscent of record levels from 2024.Often, such an outlook aligns with major volatility spikes across the ecosystem.Trading in the $1.41-$1.50 region means bulls need a decisive break above $1.60 to unlock a short-term rally.Bulls’ target amid this uptick will be $3.00.The probability that XRP bulls flip resistance near current prices into support nonetheless hinges on broader market conditions.In case buyers fail to hold $1.40, key support levels on the downside might include $1.31 and $1.20.The post XRP climbs to $1.50 despite fund outflows as bulls eye $2 next appeared first on CoinJournal.

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Pi Network marks its seventh year with ecosystem upgrades.Pi Coin holds support near $0.19 while testing the $0.20 resistance level.A break above $0.2588 may open the path toward $0.34 and $0.40.The seventh anniversary of Pi Network has drawn fresh attention to the project.The anniversary celebration, often referred to as Pi Day, has become a yearly checkpoint for the network’s progress, and this year’s event came with new upgrades and growing developer interest that could gradually strengthen the platform.For many observers, the key question now is whether these developments can translate into sustained momentum for the token.Ecosystem growth takes centre stagePi Network began with a simple idea of allowing people to participate in cryptocurrency mining through a mobile application.That approach lowered the barrier to entry and helped the network attract a large global community over the years.The project has continued to emphasise participation and utility rather than speculation.This year’s anniversary announcement highlighted the expansion of developer tools and infrastructure.These improvements allow developers to build decentralised applications directly within the Pi ecosystem.The introduction of smart contract capabilities has been particularly important.Smart contracts enable developers to create decentralised services such as financial tools, digital marketplaces, and blockchain-based games.Such features are considered essential for any blockchain that aims to build a real digital economy.The network has also been working on migrating more users to the mainnet.This process is intended to move previously mined tokens into the live blockchain environment.A broader migration increases real network activity and prepares the platform for wider adoption.Furthermore, community engagement remains one of Pi Network’s defining characteristics.The project has regularly introduced initiatives that recognise long-time participants and encourage new users to complete identity verification.These efforts strengthen the ecosystem by ensuring that users are real individuals rather than automated accounts.In the long run, a verified user base could make the platform more attractive to developers and businesses.Pi Coin price analysisPi Coin has experienced noticeable price fluctuations in recent weeks.The token previously rallied toward the $0.29 region before cooling down and settling near the $0.20 area.Such pullbacks are common in the cryptocurrency market after periods of rapid gains.Short-term movements have also been influenced by broader market sentiment.In particular, the performance of Bitcoin (BTC) continues to play a major role in shaping momentum across the digital asset sector.When Bitcoin strengthens, smaller cryptocurrencies often benefit from the same wave of investor interest, and when it weakens, those assets may face additional pressure.Despite the recent pullback, analysts describe the current sentiment around Pi Coin as cautiously optimistic.The price has managed to hold above several support levels even after a week of decline, suggesting that buyers are still willing to step in at lower prices.However, the market has not yet produced a strong catalyst that could trigger a sustained rally.Pi Network price forecastFor now, the short-term outlook can be described as neutral to slightly bullish.Technical analysis highlights several price levels that traders are watching closely.In the short term, the area near $0.19 has acted as an important support zone.If the price holds above this level, the market could maintain its current stability.A stronger support level sits around $0.1588, which previously served as a floor during recent price swings.On the upside, resistance remains close to the $0.20 region.A decisive move above this level could allow Pi Coin to test the next target around $0.21.Beyond that point, a larger resistance area is located near $0.2588.Historical price behaviour shows that a break above this zone has often been followed by stronger upward momentum.If…
Cardano (ADA) rises above $0.28 as whale accumulation boosts short-term momentum.Positive funding rates and higher open interest support near-term gains.The key levels to watch are the support at $0.25–$0.27 and the resistance near $0.30–$0.35.Cardano (ADA) has surged over 8% in the past 24 hours, breaking above key short-term resistance levels.The price is now hovering around $0.286, bringing the $0.30 mark into focus for traders.Momentum has picked up sharply as derivatives data show positive funding rates and rising open interest.This price movement has attracted attention from mid-tier whale wallets.These investors, holding between one million and ten million ADA, have been actively accumulating during recent dips. Their buying has added upward pressure, tightening available supply in the market.Meanwhile, larger whale wallets, holding ten million to a hundred million ADA, have been reducing positions, suggesting some distribution at higher price levels, creating a mixed picture in the whale ecosystem.The balance between accumulation and distribution will likely influence price swings in the coming days.Technical analysisFrom a technical perspective, ADA has broken above a descending trendline that had capped price action near $0.25 for weeks.This breakout has set the stage for further gains as short-term indicators lean bullish.The relative strength index (RSI) sits above 50, indicating that momentum favours buyers, but it is not yet in overbought territory.The MACD has crossed above its signal line, and its histogram is expanding, signalling that buying momentum is gaining strength.Cardano price analysisCardano price chart | Source: TradingViewPrice action has shown that the 20-day exponential moving average (EMA) is providing support near $0.27.Eyes are now on the 50-day EMA around $0.29 and the 100-day EMA closer to $0.34.Breaking these levels could open the door to further upside, but failing to hold above the short-term support zone could result in a pullback.In addition, Cardano’s open interest is also rising, and the funding rate has turned positive, meaning that long positions are paying shorts, which historically aligns with bullish momentum in the near term.Cardano price forecastIn the short term, traders should monitor $0.30 as the next psychological resistance.A breakout above $0.30 could target the $0.34–$0.35 range, guided by key EMAs and prior swing highs.While momentum indicators suggest room for further upside, the market will need consistent buying volume to sustain higher levels.On the downside, the immediate support lies near $0.27, with a more significant level around $0.25.A drop below $0.25 could test deeper support near $0.24, potentially signalling short-term bearish pressure.The post Cardano jumps 8%, $0.30 in focus as funding rate turn positive amid rising OI appeared first on CoinJournal.

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Dogecoin price is holding strong above key support near $0.0955.A break above $0.1088 could trigger a sharp upward move.A push past $0.12 may confirm a bullish trend continuation.Dogecoin (DOGE) is starting to show signs of life again after a period of slow and uncertain movement.The memecoin’s price has pushed back above $0.10, and that alone has caught the attention of traders watching for early breakout signals.While momentum has been building steadily, the real question now is whether this move has enough strength to continue higher.A tightening range signals a bigger move aheadThe current structure shows Dogecoin holding above a key short-term support zone, which has formed around the $0.0974 to $0.0955 range.At the same time, price action has been pushing against resistance between $0.104 and $0.105, creating a clear zone where sellers are trying to slow the rally.Dogecoin price analysisDogecoin price chart | Source: TradingViewJust above that sits a more important barrier around $0.1088, which has historically marked the transition into stronger upward moves.This combination of rising support and firm resistance is creating a tightening range, and such conditions often lead to sharp breakouts.The longer the price stays compressed within this zone, the more significant the eventual move tends to be.For now, the fact that the Dogecoin price is holding above its short-term trendline and the 100-hour moving average suggests that buyers still have control.However, control does not guarantee continuation, and the next move will depend on how the price reacts at the upper boundary.Why $0.1088 is real breakout trigger for Dogecoin priceWhile smaller resistance levels exist below, analysts note that $0.1088 stands out as the true gatekeeper for a larger move.Past price behaviour shows that once Dogecoin clears this level with conviction, it tends to move quickly into higher trading ranges.This is why many traders are not just watching for a break above $0.104 or $0.105, but instead waiting for a clean push beyond $0.1088.A strong move through that level would likely open the door toward the next resistance around $0.1205.That level sits just above the widely watched $0.12 mark, making it both a technical and psychological target.If momentum remains strong, the price could even extend further toward $0.1335, which represents a more ambitious upside scenario.Such a move would not happen in isolation, but rather as a continuation of the current bullish structure that is slowly forming.The key support levels to watchEven in a bullish setup, risk management remains essential because support levels define whether the trend is still valid.The first level to watch sits near $0.0995, which acts as immediate support during short-term pullbacks.Below that, the $0.0978 and $0.0974 zone becomes more important, as it has repeatedly held as a reliable base.The most critical level, however, remains $0.0955, which aligns with both the trendline and broader structure support.A breakdown below this level would weaken the current bullish outlook and increase the chances of a deeper move toward $0.094 or even $0.092.If selling pressure intensifies further, the next major historical support comes in near $0.0870.As long as the Dogecoin price stays above the key support cluster, the overall structure continues to favour buyers.What a breakout above $0.12 could meanA confirmed breakout above $0.1088 followed by a move through $0.1205 would signal a clear shift in market sentiment.It would indicate that buyers are no longer just defending support, but actively pushing the market into a new price range.Crossing the $0.12 level would likely attract additional interest, as it represents a visible milestone for both short-term traders and longer-term participants.At that stage, Dogecoin would be transitioning from a recovery phase into a more established upward trend.The path toward $0.1335 would then become more realistic, especially if momentum and volume continue to support the move.The post Dogecoin…
Tron joins the Mastercard program, boosting mainstream adoption and credibility.Tron Network leads in revenue, driven by USDT transfers and low fees.TRON price consolidates near $0.28–$0.31, next breakout could target $0.43.TRON (TRX) has been showing renewed strength over the past few weeks, and the momentum has been boosted by the announcement that it joined Mastercard’s Crypto Partner Program.The Mastercard Crypto Partner Program positions Tron alongside some of the leading blockchain networks, giving it direct access to traditional payment infrastructures.The partnership signals growing mainstream adoption for Tron and reinforces the network’s reputation as a fast and cost-effective solution for large-scale transactions.Tron outperforms competitors in revenue generationIn addition to the Mastercard Crypto Partner Program, the Tron network continues to outperform competitors like Ethereum, Polygon, and Solana in revenue generation.In the past 30 days, Tron earned nearly $25 million, primarily driven by stablecoin transactions, with Tether (USDT) transfers accounting for a large portion of this activity.These transfers are critical in markets where remittances, payments, and liquidity management rely on stablecoins.Notably, Tron’s low fees and high-speed processing allow it to handle massive transaction volumes efficiently.This combination of factors makes Tron a preferred network for traders and businesses who need speed without high costs.Technical indicators suggest that TRON is in a consolidation phaseTRON price analysisTRON price chart | Source: TradingViewThe Relative Strength Index (RSI) is currently at around 62, meaning there is still room for more gains before the altcoin becomes overbought.The Bollinger Bands indicate that the price is trading in the upper range, with immediate resistance around $0.30 and the key support just below $0.28, forming a clear trading range that could define the next breakout.What’s next for TRON price?With the Mastercard partnership boosting credibility, TRON could see stronger bullish momentum.The short-term target lies around $0.31 if the price breaks above its current resistance.Traders should watch for volume spikes, as they could confirm a shift from consolidation to an upward trend.In the long term, TRON’s historical performance suggests potential to revisit previous highs near $0.43.Revenue dominance strengthens the case for TRON’s price appreciation.Unlike some blockchains that prioritise smart contracts and decentralisation, TRON focuses on speed and affordability, which has helped it capture large-scale payment and exchange operations.The combination of strategic partnerships, high transaction throughput, and stable revenue generation positions TRON as a strong contender in the crypto market.As traders watch the $0.30–$0.31 range, breaking this level could trigger further gains.If support at $0.28 holds, TRON may continue consolidating before the next upward push.For now, the partnership with Mastercard, coupled with its revenue performance, gives TRON a unique advantage.It remains one of the few networks that blends mainstream payment integration with efficient blockchain performance.The post Is TRON set for a breakout after joining Mastercard’s crypto program? appeared first on CoinJournal.

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Cronos (CRO) gains momentum from Crypto.com’s real-world payment adoption.Cronos price rise backed by Bitcoin ETF inflows and 58% volume surge.The key levels to watch in the near term are the support at $0.0772 and the resistance at $0.0809.Cronos (CRO) has seen renewed attention in recent weeks, fueled by a mix of market-wide momentum and positive developments in the cryptocurrency payments space.The partnership between Crypto.com and KG Inicis in South Korea has added another layer of optimism for the token.This collaboration allows tourists to use digital assets for everyday purchases, expanding the practical utility of CRO and other supported cryptocurrencies.Impact of the Crypto.com, KG Inicis Partnership on CROThe partnership enables Crypto.com Pay to integrate with KG Inicis’ extensive merchant network across South Korea.This means that foreign visitors can use cryptocurrencies to pay at a variety of physical stores and online platforms.For merchants, there is flexibility in receiving payments either in digital assets or immediately in fiat currency.This real-world use case is significant for CRO.While much of the token’s past activity has been driven by market speculation, adoption in daily transactions adds tangible utility.Increased acceptance of CRO for payments could encourage higher trading activity and engagement from a broader user base.Beyond simple adoption, the partnership reflects a growing trend of cryptocurrency integration in tourism and cross-border spending.Digital currencies are moving from being primarily investment vehicles to practical tools for everyday use.For CRO holders, this could translate into a more stable demand floor, particularly as the payment system attracts foreign visitors who are likely to convert local currency into crypto for spending.The news also reinforces investor sentiment in the short term.Cronos has a history of following broader market trends, but developments that enhance its ecosystem strengthen the token’s narrative beyond just price correlation with Bitcoin.Practical use cases can often support prices during periods of market volatility, as traders see potential for both transactional and speculative value.CRO price analysisCronos has climbed to $0.0801, marking a 1.7% increase over 24 hours.This movement closely mirrored Bitcoin’s 1.42% rise, reflecting a period of strong institutional demand, particularly in Bitcoin ETFs.Notably, the price increase was accompanied by a 58% surge in trading volume, highlighting genuine buying interest rather than a thin-market spike.The combination of market momentum and tangible adoption news has created a cautiously positive environment for CRO.Eyes are on the Bitcoin ETF inflows, as continued institutional interest tends to lift correlated altcoins.Conversely, negative macro developments or regulatory concerns could trigger pullbacks, underscoring the importance of monitoring broader market conditions.Cronos price forecastFrom a technical standpoint, the near-term outlook for CRO is focused on key support and resistance levels.Immediate support sits near the 7-day simple moving average at $0.07790.Crypto.com token price analysisCronos price chart | Source: TradingViewHolding above this level would maintain the short-term bullish trend and could allow the token to test the 0.382 Fibonacci resistance level at $0.08297.A decisive break above $0.08297 would open the path to a recent swing high near $0.088821, suggesting potential upside for traders targeting short-term gains.On the other hand, a drop below $0.07790 could signal a consolidation phase or minor pullback, particularly if Bitcoin or the broader market reacts negatively to upcoming macro events.The post Cronos price outlook as Crypto.com expands Korea payments push appeared first on CoinJournal.

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XRP shows rare bottom signals and strong rebound potential.The key support at $1.44–$1.48 will guide near-term price action.A break above $1.60 with volume needed to sustain the rally.XRP has grabbed the spotlight after overtaking BNB in market cap ranking following its recent price rebound.Analysts point to technical signals that suggest XRP may have recently formed a long-term bottom.These signals include an oversold RSI on the weekly chart and a stretch of negative funding rates that historically appear before significant rebounds.XRP rebounded after hitting a rare bottomAfter a period of sideways trading, XRP surged to a weekly high near $1.60.This move followed a modest beta-driven pullback alongside Bitcoin, reflecting that broader market trends still influence XRP.Despite the rally, the cryptocurrency faced technical resistance, with momentum indicators suggesting it had been overbought.Trading volumes have cooled after the rally, which is typical when an asset approaches a key resistance area.The current support zone around $1.44–$1.48 has become crucial.Holding above this area could allow XRP to test $1.60 again and potentially reach new resistance levels beyond that.Conversely, a breach below this support may see a decline toward $1.34, highlighting the importance of technical positioning.What is fueling XRP’s rally?XRP’s recent gains were fueled by multiple factors. First, its short-term correlation with Bitcoin helped it catch a wave as the broader market dipped slightly.Second, technical patterns are now aligning in a way that traders rarely see, suggesting the bottom may hold.Third, market inflows from institutional investors remain a key driver, especially in the form of spot XRP ETF activity.Outflows from these ETFs in recent weeks have restrained buying pressure, but a reversal could reignite momentum.But despite these positives, risks remain.Volume remains lower than during the peak of the rally, signaling that conviction is not yet at its highest. Moreover, the current resistance at $1.60 is a significant hurdle.A breakout above it, supported by rising trading activity, would confirm that the uptrend can continue.However, caution is warranted, as the cryptocurrency is still navigating critical resistance and depends on continued support from market flows.Traders should closely watch to see if XRP can hold its gains and build on this rare bottom.If the support around $1.44-$1.48 remains firm and institutional demand resumes, the path toward higher levels may be within reach.At the same time, failing to hold this support could quickly undo the recent gains.For now, XRP sits at a critical juncture, with potential for both continuation and retracement depending on the next wave of market activity.The post XRP hits $1.60 after stunning comeback: ‘rare bottom’ signal triggers buzz appeared first on CoinJournal.

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Citigroup forecasts Bitcoin at $112,000 despite slow US crypto legislation.Bitcoin price ranges show cautious momentum with potential volatility ahead.Institutional demand remains key amid regulatory uncertainty.Bitcoin has been steadily climbing over the past week, with its price now sitting around $74,000.This marks a 6.5% increase over the last seven days, showing renewed momentum after several months of sideways movement.Citigroup, in its latest update, adjusted its 12-month price forecast for Bitcoin to $112,000, from its previous target of around $143,000.Citi’s move reflects a cautious optimism shaped by both market dynamics and regulatory developments.Regulatory headwinds weigh heavilyOne of the main reasons for Citigroup’s revised forecast is the slow progress on US cryptocurrency legislation. Lawmakers have yet to finalize clear rules on key issues like stablecoins and decentralized finance.This lack of clarity is affecting institutional adoption.Investment firms and hedge funds are hesitant to increase exposure without clear regulatory guidance. The window for passing meaningful crypto laws in the Senate is narrowing.Internal political divisions are slowing the process further.Without these legislative catalysts, the market may continue to trade in ranges despite overall optimism.Citigroup notes that this legislative uncertainty could act as a ceiling for Bitcoin in the near term. Even with strong demand from retail and institutional investors, clear rules are needed to support sustained growth.What traders should watch out forEthereum, Bitcoin’s closest competitor, is also experiencing slower growth due to similar challenges.Citigroup lowered Ethereum’s 12-month target to $3,175, down from over $4,000. Both cryptocurrencies are influenced by network activity and investor demand, which have shown signs of weakening.Currently, Bitcoin is trading within a 24-hour range of $73,500 to $74,800, showing relatively stable momentum.Over the past week, it has moved between $69,000 and $75,600, indicating that volatility is still present.Citigroup outlines several potential scenarios for Bitcoin’s trajectory. In a bear case, a broader economic downturn or continued regulatory delays could push the price toward $58,000.On the other hand, strong investor interest and institutional flows could drive it up to $165,000.These scenarios suggest a wide range of outcomes, highlighting the risks and opportunities for traders.Even in the base case, Bitcoin is expected to trade around $112,000 within 12 months if adoption trends continue and market confidence improves.This makes it an attractive, though still volatile, asset for those looking to participate in the cryptocurrency market.The road ahead is clearly influenced by policy decisions, investor sentiment, and market activity, and traders will need to watch for both regulatory developments and demand signals to navigate this landscape successfully.The post Bitcoin price outlook: Citigroup predicts $112K despite regulatory roadblocks appeared first on CoinJournal.

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