Key takeawaysENJ is one of the best performers in the crypto market, up 45% in the last 24 hours.The rally could allow ENJ to surge towards $0.045 in the near term. Enjin Coin (ENJ) continues to rallyEnjin Coin (ENJ) extends its gains, holding steady above $0.035 on Thursday following a remarkable 45% price increase in the last 24 hours. This bullish momentum is underpinned by both on-chain and derivatives data, with a positive technical outlook suggesting that ENJ may continue its upward trend in the near future.Data obtained from Santiment shows that Enjin Coin’s ecosystem trading volume surged to $216.97 million on Thursday, marking the highest trading volume since April 2025. Meanwhile, CoinGlass data shows that ENJ’s futures Open Interest (OI) reached a new record of $74.68 million on Thursday, up significantly from $19.82 million on Tuesday. A rising OI indicates fresh capital entering the market, which could further propel the coin’s price upward.Despite the rally, traders remain cautious as some early signs of buyer fatigue begin to surface. According to CryptoQuant, there is a rise in retail activity, suggesting a shift in market sentiment. Furthermore, sell-side dominance in both the spot and futures markets may point to potential bearish pressure, signaling that the current rally could face resistance in the near term.ENJ eyes further gains after 45% increaseThe ENJ/USD 4-hour chart is bullish and efficient thanks to the 45% rally. The rally has lifted ENJ price back above the short- and medium-term Exponential Moving Averages (EMA), leaving only the 200-day EMA at $0.035 as immediate overhead resistance.The Relative Strength Index (RSI) on the 4-hour chart reads 70, indicating a bullish bias. The Moving Average Convergence Divergence (MACD) histogram turning strongly positive reinforces growing upside momentum.ENJ/USD 4H ChartIf the rally persists, initial resistance is seen at the 200-day EMA at $0.035. If the daily candle closes above this level, it could extend its rally towards the $0.051 resistance level, followed by $0.066 and $0.082 zones. However, if the bears regain control, ENJ would likely face the initial support at $0.031. The 100-day EMA at $0.024 and the 50-day EMA at $0.022, together with the lower horizontal level at $0.019, form a deeper demand zone that could also prove to be bouncing support levels in the near term. The post Enjin surges 45% as volume and open interest hit multi-month highs appeared first on CoinJournal.

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Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit.BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures.Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks.Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900, has crypto enthusiasts in an upbeat mood. The cryptocurrency hovers near $70,800 as of writing, off highs seen on Wednesday, but bulls are upbeat as fresh market signals point to a potential breakout.Traders bet on next leg up for BitcoinBitcoin is well off its year-to-date highs and has struggled since breaking lower in late January 2026. Bears are therefore still on the hunt.However, this week has investor sentiment shifting bullish, fueled by the US-Iran ceasefire and key activity in Bitcoin derivatives. Data suggests investors are eyeing a potential rally to $80,000.Options data from Deribit, the platform that accounts for the lion’s share of the global crypto options market, shows bullish bets on prices surging to $80,000 have increased.Call options betting on BTC climbing beyond the $80k strike price have hit $1.6 billion. This is a stark reversal from recent months when $60,000 puts, which outline wagers on price drops, dominated the outlook.On-chain data also supports the bullish case, with Morgan Stanley’s ETF debut netting over $34 million in volume.Allyson Wallace, global head of ETFs at Morgan Stanley, commented ahead of the launch: “The demand, especially from the high-net-worth investors, has been quite high. Viewed at the firm level, this is an asset class that is not going away.”Bitcoin price predictionThe crypto market began the week with all eyes on Bitcoin. Notably, BTC bounced to highs near $72,900, hitting levels last seen since March 18. The uptick saw buyers push from lows near $67,700 overnight Tuesday, April 7, amid news of a ceasefire between the US and Iran.Bitcoin Price ChartBitcoin price chart by TradingViewInvestors buoyed by the prospect of an easing in oil prices helped BTC higher. With broader inflation concerns dissipating, a further strengthening in the ceasefire could see Bitcoin prices break to $75,000. If this happens, the next target will be $80,000 or higher.However, geopolitical risks remain amid a likely fragile ceasefire. If fresh attacks begin and an escalation occurs, a surge in oil prices could send risk assets plummeting.Signs of strain in the ceasefire emerged quickly, with Iran’s parliamentary speaker Mohammad Bagher Ghalibaf accusing the US of violating the agreement, citing continued Israeli strikes on Lebanon, a drone incursion, and disputes over uranium enrichment.President Donald Trump maintained a hardline stance, warning of escalation if terms are breached, while limited traffic through the Strait of Hormuz highlights ongoing uncertainty over the truce’s durability.“Bitcoin’s stress cycle is ending, but not yet reversing,” CryptoQuant analysts noted early Thursday. “Risk remains present… But for investors with a cycle-aware framework, the data suggests we are closer to the beginning of an opportunity than the end of one.”Losses could bring BTC to support near $65k, with $60k a major demand reload zone.The post Bitcoin price forecast as traders bet on $80,000 next appeared first on CoinJournal.

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XRP price has slipped after failing to hold the $1.38 resistance level.Momentum stays weak as volume and buying pressure remain low.Price is compressed between $1.32 support and $1.39 resistance.XRP slipped back after briefly pushing toward $1.38, marking another failed attempt to break higher.Notably, XRP has spent the past several days moving between roughly $1.32 and the upper resistance zone near $1.35–$1.39.But each push higher has struggled to attract enough buying pressure to sustain a breakout, and as a result, the market remains stuck in a tight range, with neither bulls nor bears fully in control.Weak momentum keeps upside in checkOne of the biggest issues for XRP right now is the lack of momentum.Even with the impressive gains, the strength behind those gains is limited. Indicators are hovering around neutral levels, showing that buyers are not stepping in aggressively.Volume has also been inconsistent, and in some cases, it has even declined during upward moves. That is usually a warning sign that the rally may not last.This weakness becomes even more noticeable when compared to the broader market.Bitcoin has been leading recent gains, lifting many altcoins along with it and while XRP has followed this trend, it has not shown much independent strength of its own.That matters because externally driven rallies tend to be fragile.If Bitcoin slows down or pulls back, XRP could quickly lose support and fall back into its lower range.Without a strong internal catalyst, it is difficult for XRP to break away from this pattern.A market in compression, not in trendWhile momentum remains weak, there is another side to the story that cannot be ignored.XRP’s supply on exchanges appears to be tightening, suggesting that more holders are choosing to keep their tokens rather than sell.XRP supply on exchanges thiningSource: CryptoQuantAt the same time, there is very little leverage in the market. Traders are not taking large speculative positions, which reduces the chances of sudden, exaggerated moves in either direction.This combination creates what would be termed a compression phase, since the price is not moving much, volatility is shrinking, and participation is relatively low.XRP breakout potential vs downside riskThe current setup leaves XRP at a crossroads. On one hand, the tightening supply and improving broader sentiment suggest that a breakout is possible.On the other hand, the lack of momentum and weak participation make it difficult to trust any move higher without confirmation.If XRP manages to hold above the $1.28–$1.31 support zone, another attempt at testing the $1.35–$1.39 resistance zone is likely.XRP price analysisSource: TradingViewAnd a decisive push above $1.39, supported by stronger trading activity, could shift sentiment and push the price towards the multi-month resistance at $1.43.However, the downside risk is just as important. A break below the $1.32–$1.33 support zone could lead to a quicker drop, with analysts highlighting $1.28 as the next support level to watch.If selling pressure increases further, deeper support near $1.13 could come into focus.For now, the market is not trending but rather preparing for its next move.The pullback from $1.38 highlights the lack of strength, but it also reinforces how tightly price is coiling, and the longer XRP remains in this range, the more meaningful the eventual breakout or breakdown is likely to be.The post XRP stalls below $1.38 as weak momentum keeps breakout at bay appeared first on CoinJournal.

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Toncoin whales have accumulated over 189,700 TON in three months.Heavy accumulation comes as TON activates the Catchain 2.0 upgrade.​TON price rose to intraday highs of $1.32, could eye $1.89-$2.40 next.Toncoin (TON), the cryptocurrency token of the Telegram-supported TON Blockchain, is trading higher on the day amid signs of renewed investor interest.On Friday, the Toncoin price hovered at $1.30 as large holders, or “whales,” scooped up more tokens. The accumulation comes amid a tentative broader market recovery.​Toncoin price tests $1.30 zone amid whale accumulationToncoin’s price has climbed 4% in the past 24 hours, hovering near the critical $1.30 resistance zone.The token reached an intraday high of $1.32 during the Asian trading session.Buyers helped push trading volume up, with the metric spiking 104% as of writing to $160 million, marking a 45% increase from the previous day’s average.This uptick arrives as Bitcoin holds above $71,000 amid bets on a new leg to $80,000.Notably, TON’s momentum aligns with this backdrop, particularly as the network’s 100 largest whale addresses have collectively scooped up an additional 189,730 $TON over the past three months.This accumulation persists despite broader market headwinds.Analysts at Santiment highlighted what’s likely bullish in a post:“Even with the #29-ranked coin in crypto losing two-thirds of its market cap since its local top in early August 2025, this heavy accumulation is a promising sign that a relief rally may come quickly once crypto markets finally turn the page from this bear cycle.”Whale activity often points to fresh confidence in a project, and the aggressive buying shows interest in Toncoin’s underlying ecosystem.The token is tied to the Telegram-integrated TON blockchain, which continues to expand through decentralized applications and mini-apps.TON price is looking to bounce higher as the community cheers the Catchain, an upgrade designed to boost network throughput and block processing capacity.In a post on X, Telegram CEO Pavel Durov commented on how bullish this upgrade is for Toncoin, noting that it marks the first step in a 7-stage Make TON Great Again (MTONGA) vision.The TON blockchain just got upgraded and is now 10× faster.Block rate increased 6×. Transactions are now instant, subsecond.This was step 1 of 7 to Make TON Great Again (MTONGA). Next step: cut the already low transaction fees by 6×.— Pavel Durov (@durov) April 9, 2026What’s next for Toncoin price?Such large-scale buying often precedes price reversals, as these investors position for potential rebounds.Toncoin’s technical picture indicates that the price remains entrenched in a downtrend that began in June 2025, when it peaked above $8.20.Persistent selling has resulted in a 84% decline in its value.Toncoin Price ChartToncoin price chart by TradingViewBulls are not out of the woods yet, but a decisive break above $1.35 could ignite fresh upside momentum.In this case, a potential target in a fresh rally would be the next resistance cluster around $1.89-$2.00. Significant supply pressure could follow at $2.40, an area of prior profit-taking deals.Conversely, if sellers regain control, primary support levels beckon at $1.15.A drop below $1.00 could accelerate selling toward $0.85, the multi-month low.The post Toncoin jumps near $1.30 as whale buying fuels breakout hopes appeared first on CoinJournal.

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Cryptocurrencies now fall under Japan’s securities-style financial laws.Insider trading rules and stricter disclosures will apply.Lower taxes may boost investor and institutional participation.Japan has taken a major step in reshaping how it treats cryptocurrencies.A new bill approved by the government moves cryptocurrencies into the category of financial assets, placing them closer to traditional investment products such as stocks and bonds.Following the approval, Japan now no longer views crypto just as a payment tool, but as part of its wider financial system.This change is expected to have a wide impact on exchanges, investors, and crypto companies operating in Japan.A shift from payment tools to financial instrumentsFor years, cryptocurrencies in Japan were mainly treated as a means of payment under a lighter regulatory framework. That approach is now being replaced with a more structured system based on financial market rules.Under the new bill, cryptocurrencies will fall under the Financial Instruments and Exchange Act.This is the same legal framework used to regulate traditional securities. In simple terms, crypto is being pulled into the same category as regulated financial products like equities.This change is not just about classification. It also changes how the market is expected to behave.Cryptocurrency exchange platforms and issuers will now be required to follow stricter rules around transparency, reporting, and operational conduct.The aim is to make the crypto market function with the same level of structure and accountability seen in conventional financial markets.Stronger investor protection and market disciplineOne of the most important parts of the new framework is the introduction of stricter rules around market fairness.The bill introduces restrictions similar to those seen in stock markets, including clear prohibitions on insider trading in crypto markets.This means individuals with access to non-public information about tokens or projects will not be allowed to use that information for trading advantage, which will greatly reduce manipulation and unfair practices in the sector.In addition, crypto companies and exchanges will face tougher disclosure requirements. They are expected to provide regular and detailed information about their operations and token-related activities.This is designed to give investors a clearer picture of what they are dealing with before making financial decisions.Penalties are also being strengthened.Operating without proper registration or violating market rules can now lead to heavier fines and stricter legal consequences, including prison sentences in serious cases.The intention is to discourage bad actors and improve overall trust in the system.These changes reflect a broader effort to build a safer trading environment as Japan tries to reduce risk in a market that has often been criticised for volatility and lack of transparency.Cryptocurrency tax changesAlongside regulatory reform, there is also discussion around tax adjustments that could make crypto investment more attractive.One of the key expected changes is a shift toward a flat capital gains tax rate of around 20%.This would bring crypto taxation closer to the system used for traditional investments and significantly lower the burden compared to previous progressive rates.A simpler and more predictable tax structure could encourage more individual and institutional participation in the market. It also removes one of the long-standing barriers for investors who were hesitant due to complex tax obligations.At the same time, the new legal framework opens the door for greater institutional involvement.With crypto now treated as a financial asset, banks, asset managers, and investment firms may find it easier to enter the market.This could eventually lead to the development of regulated crypto investment products, including exchange-traded funds.The broader shift in Japan’s financial strategyJapan’s decision is part of a larger effort to modernise its financial system.By…

Avalanche spot ETFs have extended their zero net inflows streak to 16 days.The AVAX token has traded lower amid the laggard ETF market.If bulls flip the picture, AVAX could target $16 and then $20 in the next leg up.Avalanche (AVAX) price faces downward pressure near $9.00 as its spot exchange-traded funds (ETFs) mark yet another milestone in investor apathy.Despite gains of nearly 4% this past week, zero net inflows persist and could accelerate amid a sluggish altcoin market.Avalanche spot ETFs’ “bad” net inflows streakWhile spot Bitcoin ETFs have shown intermittent days of net inflows and outflows over the past month, the two spot AVAX ETFs have established a long streak of no net inflows.SoSoValue data indicates that VanEck’s VAVX and Grayscale’s GAVA have recorded zero net inflows for sixteen consecutive trading days, a streak that began on March 18, 2026.This drought follows a brief surge on March 17, when the funds attracted $246,000 in combined net inflows, building on $532,000 that flowed in earlier that week.Since then, however, capital has stalled completely, mirroring broader altcoin fatigue in a Bitcoin-dominated market.As of April 10, 2026, cumulative net inflows for the ETFs total $9.76 million, with daily trading volume remaining anemic at $251,800.The funds collectively manage $17.14 million in assets under management (AUM), representing just 0.43% of AVAX’s circulating market cap.This limited exposure highlights the challenges in drawing institutional interest to Avalanche’s ecosystem, despite its strengths in high-throughput blockchain scaling and subnet technology.Avalanche price outlookMarket observers link the inflows freeze to macroeconomic caution and geopolitical tensions dampening risk appetite.ETF analysts note that without fresh capital, these products struggle to provide the liquidity boost seen in Bitcoin and Ethereum counterparts, potentially prolonging AVAX’s price consolidation.AVAX has failed to hit sustained upside momentum since the token tested resistance near $35 in September 2025.The subsequent plunge below the critical $10 psychological level has left bulls on the defensive, as sellers dominate amid fading on-chain activity and reduced DeFi TVL on Avalanche’s network.Currently, AVAX trades around the $9.00 support zone, where the Supertrend indicator gives bears the advantage.However, a fragile uptick over the past week offers slim hope for upward momentum or stabilization as bulls eye $10.00.Avalanche Price ChartAvalanche price chart by TradingViewTechnical indicators signal this possibility, with the Relative Strength Index (RSI) hovering just above 50 on the daily chart.Analysts have also pointed to the resilience of the broader crypto market as one likely to support a clean break above $10.20.If bulls invalidate the downtrend, the immediate target will be the $12-$16 region. Highs of $20 could attract bullish traders.However, failure to hold $9.00 risks acceleration toward $8.50, opening the door to a retest of the year-to-date lows of $7.53 reached on February 6.The post Avalanche price outlook as AVAX spot ETFs extend zero net inflows streak appeared first on CoinJournal.

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Dogecoin (DOGE) stalls near $0.095 as profit-taking caps upside.DOGE price is currently compressing between the $0.089 and $0.095 range.A breakout is likely as volatility builds ahead of April 20.The price action around Dogecoin continues to sit in a tight and indecisive range, with recent trading showing very little directional strength.At the time of writing, DOGE was trading around $0.092, moving inside a narrow 24-hour band between $0.091 and $0.0947.Each attempt to push higher has been met with immediate resistance at $0.0947, while pullbacks continue to find support around $0.091, creating a balanced but fragile structure, where price remains stable on the surface but increasingly tense underneath.Profit-taking pressure keeps bulls in checkA key factor limiting DOGE’s upside momentum is consistent profit-taking near local highs.Over the past trading sessions, price has repeatedly failed to hold above $0.094–$0.095, with every move into this zone triggering selling and pushing price back toward the mid-range near $0.092.This behaviour is reinforced by the broader weekly structure.Despite minor gains of around 1% over the past 7 days, DOGE remains largely unchanged across longer timeframes, with only +0.8% over 30 days.This lack of trend continuation suggests that buyers are not committing beyond short-term trades.On top of that, derivatives positioning has added scepticism to the upside.The presence of notable short positions in the market shows that some traders are actively betting against sustained rallies.This does not guarantee downside movement, but it does explain why upward pushes struggle to build momentum.Compression builds as technical structure tightensFrom a technical perspective, DOGE is clearly in a compression phase.The 24-hour range of roughly $0.091 to $0.0947, combined with a 7-day range of just over $0.089 to $0.095, highlights how tightly the price is coiling.This structure aligns with a descending triangle pattern, where lower highs continue to form while support remains anchored near the $0.089–$0.090 zone.Dogecoin price chartAt the same time, price is also trading inside a broader Ichimoku cloud on the 4-hour chart, which typically signals indecision and equilibrium rather than a trending market.These overlapping structures matter because they all point to the same conclusion: volatility is being compressed.When multiple technical signals converge like this, the market often prepares for a sharp expansion move.However, direction remains undefined until either support or resistance breaks convincingly.Liquidity positioning and the “Doge Day” factorBeyond chart structure, short-term market dynamics are also shaping sentiment.Robinhood transferred 327 million DOGE (valued at about $30 million) from cold storage to hot wallets on April 9.While this is not direct buying pressure, it is widely interpreted as preparation for increased trading activity.This timing is notable as it coincides with growing attention toward the upcoming “Doge Day” period around April 20.Historically, these events tend to increase retail participation and short-term volatility, even if they do not always produce sustained trends.At the same time, broader crypto conditions have provided only mild support.Bitcoin’s modest gains have helped stabilise sentiment across the market, but DOGE has not shown strong independent momentum. Instead, it continues to trade within its own compressed structure.Key Dogecoin price levels that will define the next moveFor now, DOGE remains in a consolidation phase where patience matters more than prediction.Once price finally breaks out of the current range, the move is likely to be fast, sharp, and decisive, simply because the market has already spent days building pressure without releasing it.As the market awaits the next move, the most important DOGE price level for traders remains the $0.09 psychological support zone.Dogecoin price has held above this level consistently, and any sustained breakdown below $0.089 would mark a clear shift in…

Key takeawaysBTC is down 1% in the last 24 hours and is now trading below $71,000.The ongoing geopolitical tensions and the inflation fears continue to weigh on market sentiments. Bitcoin (BTC) is starting the week on shaky ground, hovering near the critical $70,700 support level on Monday. A decisive break below this zone could open the door to a broader correction. Geopolitical tensions dent risk appetiteThe primary catalyst behind the poor performance is the geopolitical tension between the United States and Iran. Efforts to reach a resolution between the United States and Iran ended without progress, following talks in Pakistan that failed to produce a ceasefire agreement. US Vice President JD Vance described the proposal as a final offer, which Iran rejected, with state media citing excessive demands.Furthermore, US President Donald Trump announced plans for a naval blockade of the Strait of Hormuz, threatening to disrupt a fragile ceasefire. At the same time, ongoing Israeli military activity in Lebanon has heightened fears of a wider regional escalation.Macroeconomic pressures are also limiting Bitcoin’s upside. Fresh data from the US Bureau of Labor Statistics showed inflation accelerating sharply, with the Consumer Price Index rising 0.9% in March—its fastest monthly increase in four years. On an annual basis, inflation climbed to 3.3%, up from 2.4% in February.The data has prompted investors to scale back expectations for Federal Reserve rate cuts, reinforcing a more hawkish outlook. Despite the current market conditions, institutional demand provided a degree of support last week. Data from SoSoValue shows spot Bitcoin ETFs recorded inflows of $786.31 million, building on modest gains from the prior week. If the institutional inflow increases, it could help stabilize prices and potentially drive a rebound in the near term.Bitcoin price outlook: BTC approaches a crucial support levelThe BTC/USD 4-hour chart is bearish and efficient as Bitcoin is approaching a crucial support level. Bitcoin recently found support near its 200-week exponential moving average around $68,100 and posted a modest weekly gain. As of Monday, BTC is trading just above $70,700.If bullish momentum builds, Bitcoin could target a move toward $74,500, which marks its 2025 yearly low. Indicators suggest early signs of stabilization, with the Relative Strength Index trending upward and the MACD signaling a bullish crossover on the weekly chart.BTC/USD 4H ChartHowever, Bitcoin continues to face resistance from key moving averages, including the 50-day, 100-day, and 200-day levels.If the daily candle closes above the 50-day EMA near $70,700, it could open the path toward $72,500 and beyond. On the downside, failure to hold this level could see BTC slide toward the $65,800 support zone.The post Bitcoin holds above $70K support as geopolitical tensions weigh on market sentiment appeared first on CoinJournal.

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Key takeawaysPI is down 2.3% and is now trading below $0.1700.Investor confidence is declining as CEXs record roughly 2 million PI tokens in inflows over the past 24 hours, suggesting a near-term sell-off.Pi Network (PI) is trading below the $0.1700 mark on Monday, extending its gradual decline as the token remains stuck in a consolidation phase. Recent data shows that centralized exchanges (CEXs) received close to 2 million PI tokens over the past 24 hours, pointing to rising sell-side activity amid a broader risk-off tone across the cryptocurrency market. Selling pressure persists amid geopolitical tensionsPi Network continues to face downward pressure, mirroring wider market caution triggered by failed peace negotiations between the United States and Iran in Pakistan. The breakdown in talks has escalated tensions, with the US initiating a blockade of maritime traffic through the Strait of Hormuz—further dampening investor risk appetite.Data obtained from PiScan shows that 1.92 million PI tokens were transferred to CEXs within 24 hours, suggesting that KYC-verified mainnet users may be reducing their holdings and adding to the ongoing sell-off.Currently, investors within the ecosystem are shifting their attention to the upcoming Consensus 2026 event, hosted by CoinDesk from May 5–7. Pi Network co-founder Chengdiao Fan is scheduled to speak on May 6 on the topic of integrating Web3, AI, and blockchain for real-world utility. The event, with Fan speaking, could trigger a “buy the hype, sell the news” dynamic—potentially fueling a short-term rally ahead of the event, followed by renewed selling pressure.PI could experience further selling pressureThe PI/USD 4-hour chart is bearish and efficient as the token is trading below both the 50-day and 100-day Exponential Moving Averages (EMAs), currently positioned around $0.1800 and $0.1898, respectively.Momentum indicators reinforce the bearish outlook. The Relative Strength Index (RSI) sits near 44, below the neutral midpoint, indicating sustained bearish momentum. Meanwhile, the Moving Average Convergence Divergence (MACD) shows slightly negative histogram bars, suggesting that downside pressure remains in play.On the downside, immediate support lies at $0.1556, the February 23 low. A break below this level could open the door to further declines within the current bearish structure.PI/USD 4H ChartHowever, if the bulls regain control, a move above the 50-day EMA at $0.1800 would be the first sign of recovery. A daily candle close above this level would allow PI to reclaim the 100-day EMA near $0.1898. The post Pi Network slides below $0.17 as exchange inflows signal selling pressure appeared first on CoinJournal.

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TRUMP price holds $2.78 support after a technical double-bottom bounce.Whale accumulation grows ahead of April 25 Mar-a-Lago event.The memecoin’s price may target $3.34 if support holds.The Official Trump (TRUMP) token is beginning to show signs of life after weeks of sustained pressure, with price action stabilising just above a critical support level.While the broader trend remains weak, recent movements suggest that large investors are quietly positioning themselves ahead of a highly anticipated event later this month.At the time of writing, TRUMP was trading around $2.81, posting a modest daily gain and slightly outperforming Bitcoin (BTC), which has remained relatively flat.Technical support sparks a cautious price reboundThe recent bounce can largely be traced to a well-defined support zone around $2.78, forming a double-bottom pattern and giving traders a clear reference point for short-term positioning.Notably, after testing the support area, the price held firm and began to edge higher, suggesting that buyers are stepping in at this range.This kind of reaction is typically driven by market structure rather than new fundamental developments.Repeated tests of a support are often viewed as a confirmation that a floor has been established and, in this case, $2.78 has become the immediate floor price.As long as TRUMP holds above this support, the structure remains intact.A sustained move below it, however, would weaken the setup and likely open the door to lower levels near $2.44.Whale accumulation builds quiet pressureAlongside the technical setup, steady accumulation by large holders is helping to support the market.In recent days, several high-value wallets have been increasing their exposure to TRUMP, often moving tokens off exchanges into private storage.This behaviour is typically associated with longer-term positioning, as it reduces immediate selling pressure and signals intent to hold.Notably, this accumulation coincides with an upcoming event scheduled for April 25 at Mar-a-Lago for large TRUMP token holders.The Mar-a-Lago event has created a unique layer of demand, which, while it may not be sustainable over the long term, can still provide a meaningful boost for the token’s price in the short term.TRUMP price outlook: A narrow path toward $3.34With support holding and whale demand building, attention is now shifting to the next key level on the chart, which is $3.34.However, a move toward $3.34 would require continued stability above $2.78, along with enough buying pressure to push through minor barriers along the way.And at the moment, the setup suggests a market that is range-bound but leaning slightly upward, and eyes are on whether momentum can build.It is also worth noting that the token remains deep in a broader downtrend, having lost a significant portion of its value over the past year, meaning any upside move is likely to be viewed with caution until stronger confirmation appears.The post TRUMP price eyes $3.34 as whales accumulate ahead of Mar-a-Lago event appeared first on CoinJournal.

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AAVE price rallies toward $100 after strong governance-driven momentum.Aave protocol shifts to a token-centric model with revenue flowing to holders.$90 is a key support for continuation or pullback risk.The Aave DAO on Sunday approved the “Aave Will Win” proposal, a governance framework that has quickly reshaped how the protocol is expected to operate going forward.The approval ended months of internal debate and set a clear direction for the ecosystem, where all application-level revenue will now be directed toward the token economy.This shift strengthens the role of the AAVE token within its own network, and it has triggered a noticeable reaction in both price and market sentiment.At the time of writing, AAVE was trading just under the $95 level after a strong 24-hour move that saw it briefly touch highs near $98.Although the token remains well below its all-time high, it outperformed the broader crypto market on Monday, suggesting that traders are responding directly to the governance outcome rather than general market momentum.The “Aave Will Win” governance overhaulThe approval of the “Aave Will Win” framework is more than a routine governance update.It represents a structural change in how value is distributed within the protocol.By routing all application and product revenue toward the token ecosystem, the DAO has effectively tied AAVE’s long-term performance to the growth of its own services.This shift has been widely interpreted as a move toward a more token-centric model, where holders are no longer passive participants but direct beneficiaries of protocol activity.That change in narrative has played a key role in the recent price surge, as it strengthens the argument that AAVE’s valuation should reflect its underlying usage more closely than before.Alongside the revenue decision, the DAO also approved a funding package for Aave Labs.The allocation includes stablecoin funding and a long-term token grant designed to support ongoing development.This helps reduce uncertainty around future product expansion and ensures that the core development team has the resources needed to continue building, including upcoming upgrades and institution-focused features.The combination of revenue alignment and development funding has created a cleaner separation of roles within the ecosystem where AAVE token holders gain revenue exposure, while builders receive structured funding for execution.AAVE price outlook: $100 emerges as the key psychological levelFrom a market perspective, the AAVE price is now sitting at a critical point.The recent rally has brought price action into a tight resistance zone between the mid-$90s and the upper $90s, an area where sellers have historically stepped in.As a result, the next meaningful level that traders should watch is the $100 mark, which also aligns with recent technical projections and moving average targets.AAVE price analysisSupport remains firm around the low $90s, with deeper protection closer to the $80 range based on historical price behaviour.As long as the token holds above these zones, market analysis shows that the short-term momentum remains intact.However, the real test lies in whether bulls can push the AAVE price beyond the current resistance cluster and sustain it.A move above $100 would likely confirm continuation of the current trend and open the door toward higher resistance levels in the $110 to $120 range.On the other hand, failure to break through could result in another period of consolidation, especially given that the token has spent much of the past year in a broader downtrend despite recent gains.The post AAVE price prediction: $100 in focus following the “Aave Will Win” Proposal approval appeared first on CoinJournal.

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Key takeawaysBTC is approaching $75,000 after adding nearly 5% to its value since Monday.The rally comes despite the ongoing crisis in the Middle East.Bitcoin (BTC) has stabilized above $74,000 as of Tuesday’s press time, following a 5% rally the previous day. This price surge comes as the US enforces a blockade on the Strait of Hormuz during ongoing peace talks with Iran. US Vice President JD Vance hints at a grand deal in the works, demanding an end to Iran’s nuclear ambitions.Market sentiment recovers with $500M in liquidationsThe broader cryptocurrency market is seeing a recovery, with over $500 million in liquidations across the last 24 hours, primarily driven by short squeezes. Aave (AAVE), Algorand (ALGO), and Ethereum (ETH) are leading the charge in the market’s upward momentum.As negotiations between the US and Iran progress, the US military has started blocking the Strait of Hormuz, halting the movement of transiting ships. Vice President JD Vance emphasized that the situation is now in Iran’s hands, with the primary focus of US talks being Iran’s nuclear material exit and halting uranium enrichment. Former President Donald Trump also commented that “the other side” has approached him for a deal.The peace talks appear to be fueling a “risk-on” sentiment, especially in the cryptocurrency market. According to CoinGlass data, the last 24 hours saw $531 million in liquidations, with $426 million attributed to short liquidations. This massive short squeeze indicates a major bearish wipeout.Bitcoin is approaching key resistance levelsThe BTC/USD 4-hour chart remains bearish and efficient despite the recent rally. Bitcoin remains in a neutral-to-bullish trend, holding above its 50-day Exponential Moving Average (EMA) at $71,019. However, it is still capped below the 100-day EMA at $75,309.Immediate resistance lies near the 100-day EMA and the 23.6% Fibonacci retracement level at $75,623, from a previous downtrend spanning $126,199 to $60,000. A daily close above this range would signal potential upward movement, with the next target being the 200-day EMA at $82,936, followed by the 50% Fibonacci retracement at $93,099.BTC/USD 4H ChartMarket momentum is favoring the bulls, with the Relative Strength Index (RSI) at around 62 and the Moving Average Convergence Divergence (MACD) in positive territory, both suggesting upward pressure is gaining traction.On the downside, Bitcoin’s initial support is found at the 50-day EMA around $71,019. A break below this support could weaken the current bullish momentum and push the price lower, potentially testing the Fibonacci support level near $60,000.The post Bitcoin holds steady above $74K as US blocks hormuz amid Iran talks appeared first on CoinJournal.

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Key takeawaysHyperliquid is up 8% in the last 24 hours, maintaining its position in the top 10.The coin could rally towards the $50 psychological level if the bullish sentiment persists.Hyperliquid (HYPE) continues its upward momentum, trading above $44 as of Tuesday after an 8% surge on the previous day. With strengthening on-chain data, favorable derivatives metrics, and technical analysis pointing to further gains, the outlook for HYPE remains bullish, with a target of $50 in sight.Bullish Sentiment Backed by On-Chain and Derivatives MetricsOn-chain data from CryptoQuant suggests a strong buy-side dominance in both Hyperliquid’s spot and futures markets, with cooling conditions indicating a favorable environment for a potential price rise. The market shows mostly neutral conditions across other metrics, reinforcing the possibility of an upside move.On the derivatives front, CoinGlass data reveals that HYPE’s futures Open Interest (OI) has surged to $1.96 billion on Tuesday, up from $1.5 billion on April 3. This steady rise in OI points to new capital entering the market, which could propel HYPE’s price higher. This is the highest level of futures OI seen since early November.Moreover, CoinGlass’ long-to-short ratio for HYPE stands at 1.04, signaling a predominantly bullish sentiment in the market, as more traders expect the price to rally.Price Forecast: HYPE bulls target $50The HYPE/USD 4-hour chart is extremely bullish and efficient. HYPE’s price has extended its gains, surpassing the March high of $43.75 and reaching above $44 on Tuesday. If the upward trend continues, HYPE could target the October 30 high of $50.15.The Relative Strength Index (RSI) on the daily chart is currently at 69, indicating strong bullish momentum as it moves toward overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) indicator recently showed a bullish crossover on April 10, further supporting a positive outlook for HYPE.Should HYPE experience a pullback, it could find support near the psychological $40 level. However, the prevailing market conditions suggest a strong potential for further upside, with $50 being the next major resistance.The post Hyperliquid (HYPE) price continues to surge, targeting $50 Mark appeared first on CoinJournal.

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Chainlink price rose to highs of $9.42 as LINK mirrored broader gains.Bitcoin’s surge to $74,500 could embolden LINK bulls to challenge resistance around $10.The supply zone has capped upside for months.Chainlink (LINK) price is once again pressing into the robust supply zone near $10, with intraday gains to $9.42 outlining bulls’ intentions.Despite sentiment around most altcoins being cautiously optimistic, largely due to what happens next after Bitcoin’s upswing to $74,500, gains for LINK above $9.50 could see buyers target $12.In this case, the 80% jump in daily volume may indicate an upbeat outlook, particularly if the bellwether asset BTC pumps further.​Chainlink tests resistance amid broader market gains​The Chainlink price is up nearly 6% in the past 24 hours, joining the rest of the market in riding the upside momentum in BTC.However, LINK has notably underperformed the wider market over the past months, repeatedly failing to secure a sustained break above the $9.40-$10 area.​The underperformance has held despite the project’s steady stream of ecosystem milestones and integrations.Amid this outlook is the token’s rebound from a nearby demand zone, but it continues to face heavy pressure as bulls pare gains seen as prices rose to $9.42.The region thus remains key to sellers who have consistently faded rallies and defended prior breakdown levels.​At the same time, analysts view $10 as a decisive short‑term line in the sand: bulls need a clean daily close above this level.If this is backed by strong volume, it could flip market structure from defensive to constructive and open a path toward the $11.5-$12 region.Until that happens, the prevailing pattern of lower highs since November keeps bulls on the back foot and allows bears to reassert control on every test of resistance.​Chainlink price: Technical analysis​On the technical front, Chainlink is trading near a key inflection zone, with several indicators hinting that downside momentum is waning even as resistance remains firm.Lower time‑frame charts show prices attempting to build a base above recent demand.​LINK’s Bollinger Bands setup indicates the bands have compressed significantly, a classic precursor to a reversal.​Meanwhile, higher time frames highlight constructive setups, including a golden cross pattern.The MACD continues to hover around or slightly above the zero line, a posture that typically accompanies early trend reversals rather than deep distribution.Chainlink Price ChartChainlink price chart by TradingViewFor the immediate outlook, traders are likely to watch immediate resistance at $9.50-$10.The area marks the region where repeated rejections have formed a tight supply wall.Near-term support lies around the $8 zone, which may be revisited if a broader pullback hits crypto.The post Chainlink price analysis: can bulls push LINK above $10 amid crypto gains? appeared first on CoinJournal.

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Cardano traded around $0.24 as bulls looked to bounce higher.Bitcoin’s uptick could boost ADA price to above $0.30.ADA trends with bearish bias and entrenched bears could plunge prices to new lows.Cardano (ADA) price is up nearly 3% on Tuesday morning, trading around $0.24 as bulls struggle to mirror broader market gains.While Bitcoin and Ethereum have climbed above $74,700 and $2,300 respectively, to hit multi-week highs, ADA is hovering at a key supply zone following a recent sharp pullback.However, could ADA shed the bearish bias and ride a broader upside momentum? Or are bears so entrenched to leave Cardano facing deeper losses?Cardano price todayADA has gained about 3% over the past 24 hours, reaching $0.24 amid selective altcoin strength.In comparison, Bitcoin surged over 5% to $74,552, Ethereum hovered near $2,194 after a minor dip, and Solana traded around $80 with limited upside.Cardano derivatives data points to a slight bullish shift, with funding rates flipping positive in recent sessions and open interest climbing to roughly $436 million from $405 million on April 6.This uptick in open interest reflects growing trader interest, though volumes remain cautious below recent peaks.Bulls are defending the $0.24 zone, but failure here could trigger profit-taking aligned with broader market volatility.ADA technical outlookCardano’s price action shows resilience at current levels, testing the upper trendline of a descending channel on the daily chart.The token sits near its 50-day exponential moving average around $0.26, a pivotal level for any sustained recovery.Holding above $0.24 keeps short-term hopes alive, bolstered by improving derivatives sentiment.Yet, the broader technical picture leans bearish on higher timeframes, with RSI lingering below 50 and signaling potential for deeper pullbacks.Cardano Price ChartCardano price chart by TradingViewCardano price forecast: Can ADA jump to $0.30?Cardano may be struggling, but ADA has continued to attract dip-buying.An example is wallets with at least 10 million ADA tokens, which have recently jumped to a 4-month high.Santiment pointed to a 5.2% rise in 9 weeks, significantly up since prices bottomed on February 5, 2026.Whale activity suggests a push to $0.30 remains plausible.If ADA taps Bitcoin’s momentum, targeting the 100-day EMA as key overhead resistance.Bulls have retested the level on four occasions since early February, with price consolidating at current levels over the past week.Breaking the 50-day EMA at $0.26 first would validate the above outlook, potentially drawing in fresh longs amid rising open interest.At the moment, positive funding rates further support the scenario, with further strength likely if shorts continue to pay longs.On the flip side, entrenched bears could dominate if $0.24 gives way, eyeing notable support near $0.22. This will align the altcoin with channel downside projections.The post Cardano price forecast: ADA eyes $0.30 as bulls tap Bitcoin momentum appeared first on CoinJournal.

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The US DOJ opens claims process for OneCoin victims.Over $40 million in seized funds are available for distribution.Deadline for filing claims set for June 30, 2026.The US Department of Justice has launched a formal compensation claims portal for victims of the OneCoin scheme, marking a new phase in one of the largest crypto-related fraud cases ever uncovered.The move comes years after the collapse of OneCoin, a project that attracted millions of investors worldwide with promises of high returns from a digital currency that was later exposed as fraudulent.Many people from different countries were left with significant financial losses after the scheme unravelled, leading to extensive criminal investigations and asset seizures across multiple jurisdictions.Now, with a dedicated compensation process in place, the focus has shifted toward distributing recovered funds back to those who were harmed.The scale of the OneCoin fraud and how it unfoldedOneCoin operated between 2014 and 2019, presenting itself as a revolutionary cryptocurrency investment opportunity.It was heavily promoted through aggressive marketing campaigns and a wide network of recruiters who encouraged individuals to buy into what was described as a fast-growing digital asset.However, authorities later determined that OneCoin did not function like a real cryptocurrency. Instead of operating on a transparent blockchain network, it relied on centralised systems controlled by the people behind the project.Despite this, it continued to attract investors globally, but it ultimately crashed in 2019, leading to losses believed to reach into the billions of dollars.Estimates of total losses vary, but the figure is commonly placed at around $4 billion, with some assessments suggesting even higher exposure when accounting for global investor participation.The scale of the fraud made it one of the most significant financial fraud investigations tied to the digital asset space.Over time, law enforcement agencies were able to trace and seize assets linked to individuals involved in the scheme, and these recovered funds form the basis of the compensation program announced by the US Department of Justice.How the compensation claims process will workThe newly launched claims portal is designed to allow victims of OneCoin to formally submit requests for compensation.The process is structured as a remission program, which means that money recovered from seized assets will be redistributed to eligible victims based on verified losses.To qualify, individuals must show that they invested in OneCoin during the operational period between 2014 and 2019. They must also demonstrate a net financial loss.This means that any funds previously withdrawn or recovered will be deducted from the total amount claimed to determine eligibility.Notably, the total pool of available funds for distribution currently stands at over $40 million.While this is a significant amount, it represents only a small fraction of the overall losses suffered by investors globally.As a result, any payouts are expected to be partial and distributed proportionally among approved claimants.The deadline for submitting claims has been set for June 30, 2026. After this date, no new applications will be accepted, and the distribution process will move forward based on verified submissions.For many affected investors, the opening of a claims process offers a long-awaited opportunity to recover at least part of their lost funds.Although the available compensation is limited compared to total losses, it represents a formal acknowledgement of harm and an effort to return seized assets to their rightful owners.The post DOJ opens a formal compensation claims portal for OneCoin victims appeared first on CoinJournal.

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Deutsche Börse invests $200M for a 1.5% stake in Kraken.The deal strengthens an already existing partnership that was first announced in late 2025.Focus is on building a unified financial infrastructure.Deutsche Börse has taken a 1.5% stake worth $200 million in Kraken, marking another clear step in the steady convergence between traditional finance and the crypto industry.A small stake with a larger purposeThe deal gives Deutsche Börse a 1.5% fully diluted stake in Kraken’s parent company, acquired through a secondary share purchase.That means no new shares were issued, and Kraken itself does not directly receive fresh capital from this transaction.Based on the size of the investment, the deal implies a valuation in the range of roughly $13–15 billion for Kraken.That places the exchange firmly among the most valuable private players in the digital asset space.However, the size of the stake is not the main story here. A 1.5% holding does not offer control or significant influence on its own. What matters is how this investment strengthens an already existing partnership between the two firms.That partnership, first announced in late 2025, focuses on building infrastructure that connects traditional financial systems with crypto markets.Building a bridge between two financial worldsTo understand why this move matters, it helps to look at what Deutsche Börse already does best.The company is not just a stock exchange. It operates across the full financial value chain: trading platforms, derivatives markets, clearing services, and settlement systems. It also generates significant revenue from financial data and analytics.This integrated structure allows it to capture value at multiple points in every transaction. More importantly, it gives the company a strong position in areas like clearing and data, which tend to generate stable, recurring income.Now, with crypto markets maturing and attracting institutional interest, Deutsche Börse is extending this model into digital assets.Kraken plays a key role in that expansion.By working with an established crypto platform, Deutsche Börse gains access to technology, liquidity, and market expertise that would take years to build internally. At the same time, Kraken benefits from Deutsche Börse’s regulatory experience and institutional network.The goal is straightforward: create a system where traditional assets and digital assets can operate side by side.The rise of hybrid market infrastructureOne of the most important ideas behind this deal is the concept of a “hybrid” financial system.Instead of treating crypto as a separate market, Deutsche Börse is positioning itself for a future where all asset classes, equities, derivatives, and tokenised assets can be traded, cleared, and settled within a unified framework.This approach could allow institutions to move seamlessly between traditional and digital markets using familiar infrastructure.For example, Deutsche Börse already operates major platforms in foreign exchange and derivatives. Integrating crypto into that ecosystem opens the door to new products, including tokenised securities and crypto-linked derivatives.At the same time, its post-trade businesses, particularly clearing and settlement, could play a critical role in bringing more structure and trust to crypto markets.These are areas where traditional finance has a clear advantage.By aligning itself with Kraken, the company is effectively laying down the rails for a financial system that blends traditional and digital assets.If that vision materialises, the value of this partnership could extend far beyond the initial $200 million investment.The post Deutsche Börse acquires 1.5% stake in Kraken crypto exchange appeared first on CoinJournal.

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Ethereum briefly rallied to $2,400 on Trump-Iran ceasefire optimism and easing oil fears.Sentiment lifted risk assets, with BTC leading the charge with prices rising above $75k.ETH price outlook includes an ascending channel and bullish RSI.Ethereum price extended gains on Tuesday, briefly touching highs above $2,400 as Bitcoin and broader cryptocurrency markets surged on optimism surrounding potential diplomatic progress in US-Iran negotiations.As President Donald Trump’s comments on advancing talks following a recent two-week ceasefire fueled investor sentiment, risk assets, including equities, climbed while oil prices retreated.This confluence of geopolitical hope and easing inflation concerns marked a pivotal moment for digital assets, with Bitcoin leading the charge past key psychological thresholds.Ethereum hits highs of $2,360 as Bitcoin surges above $75,000ETH extended its impressive rally on Tuesday, pushing decisively above $2,300 after breaking from lows of $2,270 overnight from Monday.This marked the cryptocurrency’s highest level in over two months.Santiment notes that open interest in BTC and ETH has jumped 59% and 45%, respectively, in seven weeks.🥳 Bitcoin ($76,070) & Ethereum ($2,395) have both hit their highest market values since the beginning of February. This rebound is coming with increased optimism, as margin & leveraged positions are being created rapidly.📈 $BTC: +59% Open Interest in 7 weeks
📈 $ETH: +45%… pic.twitter.com/VgevsGwMz1— Santiment (@santimentfeed) April 14, 2026Bitcoin rose from around $74,000 to above $76,000 before paring gains to around $75,500 as of writing. Goldman Sachs filing for a Bitcoin ETF boosted sentiment.The uptick in Bitcoin and Ethereum also closely tracked gains across US stock benchmarks, which rallied sharply after cooler-than-expected US producer price data eased inflation concerns. The report boosted risk appetite, drawing capital into high-beta assets such as cryptocurrencies.Wall Street’s positive momentum provided an additional tailwind, with institutional investors appearing to rotate into Bitcoin amid perceptions of it as a hedge against fiat uncertainty.On the geopolitical front, President Donald Trump’s remarks about pursuing further discussions with Iran—potentially building on last week’s fragile two-week ceasefire—served as an immediate catalyst.Markets have interpreted this as a step toward a longer-term truce, reducing fears of escalation in the Middle East. As a result, oil prices have fallen below $100 per barrel, easing pressure on global energy costs and supporting gains in both equities and cryptocurrencies.However, caution persists around the Strait of Hormuz, a critical chokepoint for global oil shipments.Investors are awaiting clearer signals on operational stability in the region, as any disruption could quickly reverse the current risk-on sentiment.For now, Bitcoin’s momentum highlights its sensitivity to interconnected global developments, with trading volumes rising as bulls test fresh highs.Ethereum price forecastEthereum price has formed an ascending channel since early April, with prices respecting the 50-day exponential moving average (EMA) as dynamic support near $2,176.This level, coupled with the rising trendline of a potential triangle pattern, forms a robust foundation that bulls are defending vigorously. Buyers are now looking to turn the 100-day EMA ($2,356) into major support.Ethereum Price ChartEthereum price chart by TradingViewAmong the key bullish indicators is the Relative Strength Index (RSI) on the daily timeframe, which has climbed above 62. The RSI has yet to enter the overbought territory, signaling strong momentum without immediate exhaustion.Potential resistance looms at $2,800 and $3,370, which have acted as prior support and highs from January 2026.Conversely, failure here might trigger profit-taking, testing support at $2,000 and likely lower at $1,800.The post Ethereum briefly surges to $2,400 as geopolitical relief boosts crypto, stocks appeared first on CoinJournal.…

MEXC unveils EMBLEM Launchpool with 5,000,000 tokens in rewards.Four staking pools including exclusive new-user EMBLEM pool.Users can boost rewards by increasing trading volume thresholds.MEXC, the world leader in 0‑fee digital asset trading, will launch the EMBLEM Launchpool, running from April 15 to May 15, 2026 (13:00 UTC). Participants can stake eligible tokens during the event period to share a total of 5,000,000 EMBLEM in airdrop rewards.The Launchpool features four staking pools. The EMBLEM Staking Pool is exclusive to new users, offering a total of 1,500,000 EMBLEM in rewards. The MX Staking Pool, USD1 Staking Pool, and BTC Staking Pool are open to all users, offering 1,500,000 EMBLEM, 1,000,000 EMBLEM, and 1,000,000 EMBLEM in rewards, respectively.Participants can further increase their share of rewards through MEXC’s staking limit boost mechanism. By meeting designated trading volume thresholds during the event period, users can boost their maximum staking limit by up to 100%.MEXC Launchpool is an event platform that enables users to earn airdrops of popular or newly listed tokens by staking designated tokens, with staked tokens remaining redeemable at any time. The most recent USD1 Launchpool attracted nearly 2,000 users with a total staking volume exceeding 35 million USD1.The EMBLEM Launchpool reflects MEXC’s commitment to providing users with accessible opportunities to engage with emerging digital assets. Looking ahead, MEXC plans to continue rolling out diverse Launchpool events, bringing users more opportunities to discover and participate in quality projects. Furthermore, MEXC continues to strengthen its position as a universal gateway for global markets, built on the core pillars of “0 Fees” and “Infinite Opportunities”, with a commitment to lowering trading costs and expanding market access for users worldwide.To learn more and participate in the event, visit the MEXC Launchpool page.About MEXCMEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXCFor media inquiries, please contact MEXC PR team: media@mexc.comRisk Disclaimer:This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions. SourceThe post MEXC launches EMBLEM Launchpool with 5,000,000 EMBLEM in airdrop rewards appeared first on CoinJournal.

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Ethereum price falls to $2,325 on profit-taking after rising to $2,416.The repeated rejection at $2,360–$2,400 resistance weakens the overall momentum.Breaking below the key support at $2,312 could send ETH toward $2,173.After a rally that pushed Ethereum close to $2,416, things quickly changed, and now ETH sits around $2,325.This sharp drop near $2,400 tells us a lot about where Ethereum’s headed next, at least for now.Pushback at $2,416 resistanceEthereum (ETH) initially surged about 10% in a sharp move that triggered liquidations and brought renewed attention to the token.After reaching around $2,416, momentum slowed, and the price began to pull back.In recent weeks, the $2,360–$2,400 range has consistently acted as a supply zone, with selling pressure emerging each time ETH approaches this level.Broader market conditions have also softened. Data from CoinMarketCap shows that the total crypto market capitalisation has declined by about 1.12%, alongside a drop in trading volumes.This suggests that traders who entered during the recent rally are taking profits, adding to near-term downward pressure on ETH.Capital rotation adds pressureAnother factor weighing on Ethereum (ETH) is the ongoing shift in market positioning.Bitcoin dominance has been trending higher, indicating that capital is rotating into Bitcoin rather than altcoins.This typically reflects a more defensive stance among investors.As the largest altcoin, Ethereum is often among the first to face pressure during such rotations.Even with relatively stable fundamentals, reduced capital inflows can limit its ability to sustain upward price momentum.This trend is also visible in the ETH/BTC ratio, which has struggled to stabilise.A recovery in this ratio would be needed to signal renewed confidence in altcoins. Until then, Ethereum may continue to underperform Bitcoin in the near term.$2,312 now a key battlegroundRight now, $2,312 stands out as a key support level. It’s not just psychological; it’s close to the 14-day moving average and already served as the floor during the recent dip.Ethereum price analysisIf the ETH price holds steady above $2,312, the door stays open for another run at $2,400.But if $2,312 gives way, things will start to look different, and bears will pick up momentum as bulls pull back.In that case, $2,173 will be the next spot to watch.Dropping from $2,312 to $2,173 will be a 6% slide, which is pretty standard after a strong rally; it is not something wild or out of the ordinary. It’s a realistic scenario if support breaks.If buyers can push the price above $2,416 and keep it there, that recent rejection fades away, and a rally starts to look more real.The short-term picture looks a bit bearish, although we’re not seeing panic selling yet; just uncertainty.Everything boils down to the $2,312 support level. If buyers hold it, there’s a chance for another run at resistance. If not, a 6% drop is on the table.The post Ethereum price outlook: ETH faces 6% downside risk if $2,312 breaks appeared first on CoinJournal.

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Hedera (HBAR) price is hovering near a fragile $0.08 support cluster.Losing $0.08 could open a move toward $0.07842 or lower.Upside only improves if the $0.0942 resistance is reclaimed.Hedera’s price has been drifting lower again, and the latest price action is starting to circle a level that traders are watching very closely.At around $0.0856, the token is down about 1.5% over the past 24 hours, with intraday trading ranging between $0.0846 and $0.0875.On the surface, it looks like a normal pullback in a weak market.But underneath, the structure is tightening around a critical zone that could decide whether the next move is stable consolidation or a deeper slide toward February’s lows near $0.072.HBAR price analysisNotably, the broader trend hasn’t been friendly to altcoins in general.Over the past week, Hedera has lost more than 6%, and the monthly decline is now above 12%.Even longer-term momentum remains negative, with the asset still significantly lower compared to where it traded a year ago.What makes the current situation more sensitive is that this weakness is happening without any strong internal catalyst.There has been no major ecosystem shock or technical breakdown tied to the project itself.Instead, the pressure is coming from a wider rotation out of altcoins and into safer assets, leaving tokens like HBAR more exposed to downside moves.Pressure builds around a fragile support zoneRight now, the most important area on the chart sits just below the current price.Short-term support has been forming around $0.0838, while another closely watched structural level sits at $0.08067.These two zones are effectively acting as a support cluster. If they hold, price action could continue to move sideways as traders wait for new catalysts.But the problem is that this cluster has already been tested indirectly through repeated dips and weak bounces.Each retest weakens confidence. If selling pressure increases again, there is very little structural support until lower levels come into play.Below this region, historical price data points to a more significant breakdown zone near $0.0703.That would represent a much deeper correction, but markets rarely move in straight lines.Before that level becomes relevant, traders are focused on a nearer and more psychologically important target: the February low at approximately $0.07270.If price loses the $0.08 region decisively, the path toward that February floor opens quickly.In thin or sentiment-driven markets, these levels tend to act like magnets.Upside potential is still there, but it needs confirmationDespite the current pressure, the structure is not entirely broken. There is still a clear resistance ladder above the market that could come into play if sentiment shifts.The first key level sits at $0.0942. A move back above this zone would signal that buyers are regaining control in the short term.Above that, the next resistance zones are located around $0.1051 and then $0.1174, marking progressively stronger recovery thresholds.However, the market is not in a position where upside levels are immediately relevant.Before any recovery attempt can take shape, the price needs to stabilise and reclaim lost ground. At the moment, that has not happened.Instead, each rally attempt has been smaller than the previous one, which is often a sign of weakening demand.HBAR price outlookThe near-term outlook now hinges on one simple condition: whether $0.08 holds or breaks.If buyers defend this area again, Hedera could continue ranging between the mid-$0.08s and low-$0.09s while waiting for a stronger catalyst. In that case, price action would likely remain choppy but contained.If $0.08 fails, however, the structure shifts quickly, and market projections place the next visible target as the February low at $0.07796, and below that, the broader support zone near $0.0727 comes into view.The speed of any drop would depend on how quickly liquidity disappears below current levels.But there is still one wildcard in the background: upcoming Hedera Hashgraph…