Key takeawaysRipple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone. Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism. Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday. Despite the US Senate Banking Committee advancing the Digital Asset Market Clarity Act of 2025 (Clarity Act) on Thursday, overall market sentiment remains constrained amid a cautious recovery outlook.XRP addresses in profit tick upThe proportion of XRP addresses with unrealized profit rose to approximately 65% on Thursday, up from 63% the previous day, coinciding with the token’s test of $1.50 resistance. This reflects a modest increase in risk-on sentiment, though traders should remain wary of potential profit-taking in a fragile technical environment.Institutional flows into XRP spot ETFs rebounded sharply, with nearly $19 million in fresh inflows on Thursday. Cumulative ETF inflows now total $1.37 billion, while average net assets under management rose to $1.25 billion from $1.14 billion.Retail participation in XRP derivatives also continues to grow. Futures Open Interest (OI) averaged $2.97 billion on Friday, up from $2.90 billion, signaling rising conviction among traders in XRP’s potential to extend an upward trajectory.Technical outlook: consolidation within the corrective phaseThe XRP/USD 4-hour chart is bearish and efficient as XRP has lost lost 2.5% of its value in the last 24 hours. XRP trades at $1.43, holding a neutral to mildly constructive bias.It is trading above the 50-day Exponential Moving Average (EMA) at $1.42 while remaining capped beneath the 100-day EMA at $1.49 and the 200-day EMA at $1.70. This configuration suggests an ongoing consolidation within a broader corrective phase.If the bears stay in control, immediate support will emerge at the 50-day EMA around $1.42, with a rising trendline near $1.39 providing a stronger floor. A daily close below $1.39 could expose deeper losses.However, if the bulls push harder, they would encounter initial resistance at the 100-day EMA at $1.49. A sustained break above this level would open the path toward the 200-day EMA near $1.70, where broader bearish pressure would be challenged.XRP/USD 4H ChartThe momentum indicator suggests that the bears are slowly regaining control. The Relative Strength Index (RSI) is at 51, and the MACD histogram is slightly positive, indicating limited directional conviction rather than a strong impulsive move.XRP’s price action suggests ongoing consolidation within a corrective phase, with both buyers and sellers vying for control around critical EMA levels.The post Ripple (XRP) tests $1.43 support amid mixed market sentiment appeared first on CoinJournal.

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Upbit listing sparked TRAC’s sharp liquidity-driven rally.OriginTrail (TRAC) broke above major EMAs with strong bullish momentum.The key support at $0.351 may decide the next price direction.OriginTrail (TRAC) posted one of the strongest performances in the crypto market on May 18, sending the token sharply higher even as broader digital assets faced downward pressure.TRAC surged by more than 75% within 24 hours, climbing to approximately $0.5986 after trading as low as $0.3228 during the same session.The price surge pushed the token to its highest level in months and marked one of its most aggressive single-day rallies since previous bull market cycles.Trading volume rose just as sharply, with 24-hour turnover exceeding $36 million as investors rushed to position ahead of the listing.The sudden spike came after Upbit officially confirmed support for OriginTrail across three major trading pairs — KRW, BTC, and USDT — with trading scheduled to begin on May 18 at 16:00 KST.Market Support OriginTrail(TRAC)✅ Supported Markets: KRW, BTC, USDT Market
📅 Trading opens at: 2026-05-18 16:00 KST (estimated time)🔗Discover more:https://t.co/Aw2JiroW6x#Upbit #TRAC@origin_trail pic.twitter.com/CJ4guNHReA— Upbit Korea (@Official_Upbit) May 18, 2026Upbit listing triggers major breakoutThe announcement from Upbit Korea immediately changed TRAC’s liquidity profile.South Korea remains one of the world’s most active crypto trading markets, and listings on top-tier exchanges such as Upbit often provide tokens with broader retail exposure, stronger fiat access, and deeper market participation.This new accessibility appears to be the primary force behind TRAC’s explosive price movement.Before the news, TRAC had been trading well below $0.32.But after the news, the token broke out and is now positioned significantly above all major daily exponential moving averages, including the 10-day, 20-day, 50-day, 100-day, and 200-day EMAs.This technical alignment signals a bullish trend across both short-term and long-term timeframes.Technical structure points to elevated volatilityAlthough TRAC’s price action remains bullish, volatility remains exceptionally high.The token’s 24-hour range stretched from $0.3228 to $0.6028, reflecting intense speculative participation.Such large price expansions often create both breakout opportunities and rapid correction risks.If buying pressure remains strong following the Upbit trading, the token could rise higher, while overbought conditions could trigger a classic sell-the-news scenario, where early buyers lock in gains and price retreats sharply.OriginTrail (TRAC) price forecastTRAC’s immediate outlook depends heavily on post-listing volume and whether new liquidity translates into sustained demand.As long as the price remains above $0.351, analysts project that the bullish momentum may remain intact, with breakout continuation possible if bulls defend support.A stronger upside scenario would, however, require TRAC to hold current gains and establish support above the $0.60 psychological region, which could open the path toward higher technical extensions.But if TRAC loses $0.351 support, downside risks increase significantly, with the $0.337 region acting as the next important support level to watch.The post OriginTrail (TRAC) jumps over 75% on Upbit listing: here’s how high it could go appeared first on CoinJournal.

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Key takeawaysBTC dips lower for a fourth straight day on Monday after losing nearly 6% the previous week.US-listed BTC spot ETFs record a weekly outflow of $1 billion, the highest in three months.Bitcoin (BTC) remained under pressure on Monday, trading below $77,000 after declining nearly 6% last week, as persistent spot ETF outflows and stronger-than-expected US inflation data dampened investor appetite for risk assets.The latest decline marks Bitcoin’s fourth consecutive day of losses, with the cryptocurrency continuing to retreat after failing to sustain momentum above the key $82,000 resistance zone.Hot US inflation data boosts hawkish Fed expectationsBitcoin’s recent weakness accelerated following hotter-than-expected US inflation data released last week, alongside stronger US retail sales figures that reinforced expectations for a more hawkish Federal Reserve.The renewed inflation concerns strengthened the US dollar and pushed Treasury yields higher, creating additional pressure on risk-sensitive assets such as cryptocurrencies.Higher interest rate expectations typically reduce market liquidity and shift investor capital toward safer, yield-generating assets, limiting demand for speculative markets like Bitcoin.The rejection near the $82,000 level also triggered additional profit-taking from short-term holders, intensifying the correction.Institutional demand for Bitcoin also weakened notably last week. According to data from CoinGlass, US spot Bitcoin exchange-traded funds recorded net outflows of approximately $1 billion last week, marking the largest weekly withdrawal since late January.The sharp reversal in ETF flows signals a cooling of institutional sentiment after several weeks of strong inflows that had previously supported Bitcoin’s rally.If ETF outflows continue in the coming sessions, analysts warn that Bitcoin could face additional downside pressure.Bitcoin price outlook: Bulls failed to take out a key resistance levelThe BTC/USD 4-hour chart is bearish after Bitcoin’s price was rejected near the 100-week Exponential Moving Average (EMA) around $82,289.BTC also closed last week below the 61.8% Fibonacci retracement level near $78,490, measured from the October all-time high of $126,199 to the February low around $60,000.The breakdown below those key technical levels has shifted momentum firmly lower. If selling pressure persists, Bitcoin could extend losses toward the major psychological support level at $75,000.On the weekly chart, momentum indicators remain mixed but increasingly cautious. The Relative Strength Index (RSI) slipped below the neutral 50 level and currently sits near 35, signaling a strong bearish momentum.Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is also in the negative region, suggesting that the bears are in control. If the bearish trend persists, immediate support sits near the clustered 50-day and 100-day EMAs below current price action.Further downside targets include the 38.2% Fibonacci retracement near $74,487, followed by the previous trendline breakout zone around $70,576.Below that, the 23.6% Fibonacci retracement near $68,950 remains a critical level protecting Bitcoin’s broader bullish structure above the $60,000 swing low.BTC/USD 4H ChartHowever, if the bulls regain control, initial resistance emerges near the 50% Fibonacci retracement around $78,962, followed by the 200-day EMA near $81,853.A stronger bullish continuation would likely require a daily close above the 61.8% Fibonacci retracement near $83,437 and the horizontal resistance barrier around $84,410.The post Bitcoin slides below $76,800 as ETF outflows and inflation fears pressure crypto markets appeared first on CoinJournal.

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Key takeawaysDogecoin extends its correction on Monday as memecoins record huge losses.DOGE could drop below $0.10 if the bearish trend persists. Memecoins record huge lossesThe cryptocurrency market opened the new weekly candle bearish, with Bitcoin (BTC) slipping below the $77,000 level on Monday and risk appetite deteriorating across digital assets.Meme coins started the week on a weak footing as the broader cryptocurrency market continued to struggle. Dogecoin, Shiba Inu, and Pepe all remain vulnerable to further downside after heavy selling pressure emerged following last week’s market correction.DOGE is down by 5%, making it the worst performer among the top 10 cryptocurrencies by market cap. Dogecoin briefly rallied last week and retested the important weekly resistance zone near $0.119 on Thursday before sellers regained control.The rejection triggered a fresh wave of downside pressure, with DOGE falling nearly 6% through Sunday and extending losses further on Monday as the token traded below the $0.106 level.Technical outlook: DOGE risks a deeper correction below key EMAsThe DOGE/USD 4-hour chart is bearish as the leading memecoin has dropped below major support levels. If DOGE closes the daily candle below the 100-day Exponential Moving Average (EMA) near $0.106, selling pressure could intensify toward the 50-day EMA around $0.103.A decisive breakdown below that support area may expose the previous trendline breakout region near $0.090, which now acts as the next major downside target.Momentum indicators continue to reinforce the bearish outlook for Dogecoin. The Relative Strength Index (RSI) on the 4-hour chart currently sits near 41, slipping below the neutral 50 threshold and signaling that bearish momentum is beginning to strengthen.Meanwhile, the Moving Average Convergence Divergence (MACD) indicator confirmed a bearish crossover on Saturday, a signal that remains active and continues to support downside risk in the near term.Despite the bearish setup, Dogecoin could still attempt a short-term rebound if buyers successfully defend the 100-day EMA support near $0.106.DOGE/USD 4H ChartA sustained hold above that level may allow DOGE to recover toward the key weekly resistance zone around $0.119.However, broader market sentiment, particularly Bitcoin’s direction, is likely to remain the dominant driver for meme coin price action in the near term.The post Meme coins remain under pressure as Dogecoin extends losses appeared first on CoinJournal.

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Echo Admin key compromise enabled $76.7M unauthorized eBTC minting.The attacker used fake eBTC to borrow and bridge real crypto assets.ECHO token dropped sharply as panic selling hit the market fast.The ECHO token came under severe pressure after a major security breach tied to the Echo Protocol led to the unauthorized minting of roughly $76.7 million worth of eBTC, triggering a sharp loss of confidence across the ecosystem.The exploit centered on a compromise of privileged access controls, allowing an attacker to bypass normal minting restrictions and generate synthetic assets without collateral.The exploit quickly escalated from a technical breach into a full-scale market disruption.Within hours of the attack becoming known, the ECHO token recorded a steep double-digit decline as traders rushed to exit positions amid uncertainty over the protocol’s stability and the status of the inflated eBTC supply.Admin key compromise enabled unlimited minting of eBTCThe core of the exploit was a compromise of an admin-level private key, which granted the attacker control over minting permissions inside the Echo Protocol system.With that access, the attacker was able to mint approximately 1,000 eBTC tokens without depositing any collateral.These tokens were not backed by real Bitcoin reserves, meaning they functioned as artificially created supply inside the system.The sudden expansion of eBTC supply to roughly $76 million in value created immediate imbalance risks across any integrated lending or trading platforms that accepted the asset as collateral.Once minted, the attacker began routing the assets through decentralized finance applications.A portion of the fake eBTC was deposited into lending markets such as Curvance, where it was used to borrow wrapped Bitcoin (WBTC).From there, the borrowed funds were bridged across networks, converted into ETH, and partially routed through privacy tools, including Tornado Cash, in an attempt to obscure transaction trails.Blockchain investigators tracking the movement of funds noted that approximately 955 eBTC remained under attacker control, representing the vast majority of the illicitly minted supply.Only a small fraction of the stolen value was successfully converted into liquid assets during the early stages of the exploit.ECHO token drops sharply as panic spreads across the marketAs the exploit became public, the ECHO token reacted with a rapid sell-off.The price dropped by over 11% within a short period, reflecting immediate market concern over the protocol’s security and the potential impact of the inflated eBTC supply on the broader ecosystem.Echo token plummetsThe market reacted to two key risks.The first was the possibility of further minting or continued exploitation if access controls were not fully secured.The second was the uncertainty surrounding potential bad debt created in lending markets where the unbacked eBTC had already been used as collateral.Liquidity conditions tightened as participants reduced exposure to both ECHO and related assets.The sudden exit of capital intensified downside pressure, accelerating the token’s decline and amplifying volatility across connected trading pairs.Echo Protocol halts operations and begins investigationIn response to the breach, Echo Protocol moved to pause cross-chain operations, aiming to limit further movement of stolen funds and prevent additional exploitation pathways.The suspension affected bridging and cross-chain functionality, which had been used by the attacker to move assets between networks during the laundering process.The incident did not affect the underlying Monad blockchain, which continued operating normally.The issue was isolated to Echo Protocol’s access control layer, specifically the privileged permissions tied to minting authority.Security researchers assessing the breach have pointed to the admin key compromise as the central failure point.Rather than a flaw in token mathematics or smart contract logic, the attack exploited centralized control privileges that allowed…

Key takeawaysCHZ is up 5% in the last 24 hours and is now approaching the $0.05 resistance level.The derivatives data indicate that the bulls are in control at the moment.Chiliz outperforms the broader crypto marketChiliz (CHZ) is one of the best performers among the top cryptocurrencies, as the coin is up by 5% in the last 24 hours. Thanks to its latest rally, CHZ is trading at $0.049 and could rally higher in the near term.The momentum indicators remain constructive, indicating that CHZ could extend its rally over the next few hours and days. Data obtained from CoinGlass shows that the futures’ Open Interest (OI) at exchanges in Chiliz surges to $80 million on Tuesday, up from $58 million in the previous week.This is the highest Chiliz’s OI has been since January. The rising OI indicates that new or additional bullish positions are opening in the market, suggesting a bullish outlook for CHZ. Furthermore, Chiliz’s funding rates flipped positive on Sunday and surged to 0.0043% on Tuesday. The funding rate turning positive means that the bulls are firmly in control of the market.CoinGlass’ long-to-short ratio for CHZ read 1.01 on Tuesday, after sitting in the red territory for over a week. Chiliz price forecast: The $0.051 resistance level remains a key challengeThe CHZ/USD 4-hour chart is bullish and efficient as Chiliz has outperformed the broader cryptocurrency market.The cryptocurrency market is currently trading above key support levels thanks to its recent rally. The momentum indicators also suggest that the buyers could push CHZ’s price higher in the near term. The Relative Strength Index (RSI) at 58 shows that the bulls have regained control but still have more room for growth. The Moving Average Convergence Divergence (MACD) line has turned positive, with the histogram marginally above zero, hinting at a steady rally.If the bullish scenario continues, the buyers would face immediate resistance at the recent swing high of $0.051. A daily candle close above this level would allow the bulls to extend the rally towards the $0.057 resistance and then the January high at $0.064.CHZ/USD 4H ChartHowever, if the sellers regain control, immediate support would emerge around the $0.047 Inducement Liquidity (ILQ). Failure to defend this support level would expose the other major zones around the $0.043 and $0.041. The post Chiliz targets new weekly highs as derivatives data flips bullish appeared first on CoinJournal.

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Key takeawaysPI is up by nearly 2% as bulls attempt to push the price above $0.1500.The ongoing token unlock could still put further pressure on the coin. Bulls look to push PI above $0.1500Pi Network (PI) has been one of the worst performers among the leading cryptocurrencies in recent days. The coin is down 12% in the last seven days, underperforming compared to the broader crypto market. However, it has slightly bounced back after adding 2% to its value since Monday.PI is now trading at $0.1507 on Tuesday, thanks to the outflows from Centralized Exchanges (CEXs). Despite that, PI could continue to face selling pressure as the mainnet migration surpasses CEX withdrawals.Data obtained from PiScan reveals that 2.55 million PI tokens left exchanges over the last 24 hours, a figure that typically signals a surge in buying activity. While the outflow to CEXs will reduce selling pressure on PI, it is still not enough to absorb the migration tokens. Migration statistics reveal that 4.36 million PI tokens were transferred from testnet to mainnet on Tuesday, enabling holders to deposit this unlocked supply on CEXs. This latest development comes after 7.65 million PI tokens were migrated on the previous day.Will the $0.1500 support level hold?The PI/USD 4-hour chart remains bearish and efficient despite PI adding 2% to its value in the last 24 hours. The short-term recovery might not hold as the selling pressure is currently outweighing the demand. Momentum indicators reinforce this pressure, with the Relative Strength Index (RSI) hovering just above oversold territory near 34. PI’s Moving Average Convergence Divergence (MACD) line on the 4-hour chart also remains slightly negative below the zero line, adding further confluence to the bearish narrative. PI/USD 4H ChartIf the sellers continue to dominate, PI could drop below the $0.1500 and test the support levels at $0.1440 and $0.1345 in the near term. However, if the bulls regain control and push the price above the $0.1605 resistance level, it could allow PI to extend its rally towards the 100-period EMA at roughly $0.1684.The post Will the CEX outflows allow PI to recover above $0.1500? appeared first on CoinJournal.

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Morpho is slightly up over the past 24 hours, trading around $1.77.Bulls eye a rebound after the latest broader cryptocurrency market dip.Ecosystem growth appears to bolster a short-term uptick.Morpho (MORPHO) price has staged a modest intraday recovery after tumbling to session lows of $1.64 earlier in the day.The slide coincided with Bitcoin’s sharp pullback to about $76,000, which pulled most altcoins lower and sees many hovering at near-term support levels.MORPHO, however, has since moved 3% off its intraday lows and was trading around $1.76 at the time of writing, reflecting a relief bounce as buyers stepped in.According to CoinMarketCap data, intraday highs across exchanges stood at $1.77.Key integrations in Morpho ecosystemThe gains cut weekly losses to 16% and monthly downturn to about 14%.No major upward catalysts are helping buyers, but Morpho’s expanding ecosystem is worth noting.The project recently launched its DeFi layer on Tempo, powered by RedStone oracle feeds, and went live with curated vaults managed by Gauntlet and Sentora.Both teams selected RedStone as the primary Oracle infrastructure for the new markets.Market participants could view the launch as a supportive development that could underpin short-term liquidity and use-case expansion.1/ Tempo is positioned to route billions in stablecoin flows across onchain markets. With @Morpho now live on @tempo, that capital becomes productive.Sentora is partnering with Tempo to bring structured risk management to new lending markets.https://t.co/L91qDZmTlF— Sentora (@SentoraHQ) May 18, 2026Morpho has also been named a launch partner for Upshift Clear, joining Superstate on the initiative.Upshift Clear functions as an instant redemption facility for tokenized real-world assets (RWAs), beginning with USCC.Under the arrangement, idle USDC deposited in Clear vaults is routed into Morpho markets between redemption events.The platforms say this creates additional on‑chain capital flow into MORPHO liquidity pools.MORPHO price analysis – relief rally or fresh momentum?Bear dominance over the past month suggests that the drop to $1.64 and bounce to $1.77 could be a relief rebound rather than a definitive trend reversal.The technical picture, however, shows early signs of bullishness.Bulls holding above the $1.70 mark would be a constructive signal for short-term traders to breach the $1.80 supply zone.If this happens, buyers could open the path toward a $2.00–$2.20 target zone.That upside will likely depend on continued interest in Morpho’s ecosystem and broader market stability.Notably, a recovery in Bitcoin would ease pressure across the sector, with an altcoin rally likely amid capital distribution.Failure to sustain levels above $1.70 would, however, leave MORPHO exposed to further downside action.The likelihood of a retest of $1.60, which stands as a key near-term support, remains.A decisive break below this could invite deeper selling and shift the outlook back to bearish.The post Morpho price eyes relief bounce to $2 as buyers show resilience appeared first on CoinJournal.

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NEAR price surged to $1.66 amid a notable volume spike.AI tokens bounced sharply, including Injective, Theta Network, and Akash Network.The near-term outlook for NEAR suggests a retest of $2 if momentum holds.NEAR Protocol (NEAR) has traded higher in the past 24 hours as bulls eye near-term gains.The uptick for the artificial intelligence-related token aligned with a broader AI tokens surge on Tuesday, with NEAR seeing a notable rise in trading activity.NEAR price gains amid 32% spike in daily volumeNEAR is trading at $1.62, up about 7% over the past 24 hours and roughly 4% higher on the weekly chart despite Monday’s brief plunge beneath $1.50.The price appreciation coincides with a 32% surge in daily volume, with intraday action putting the metric at $295 million as of writing.NEAR Price Chart NEAR price chart by CoinMarketCapNotably, that spike in activity has allowed NEAR to outpace many peers as the broader market navigates renewed downside pressure.Likely, rotation into projects tied to on-chain compute and decentralized application ecosystems is driving the uptick.The bounce in AI-related tokens provided additional strength to Injective, Theta Network, and Akash, each of which delivered gains of more than 5% in the past 24 hours.Render also showed signs of eyeing a retest of a critical resistance level.Crypto AI is trading up ahead of Nvidia’s first-quarter earnings results.The industry heavyweight will report on May 20, and tokens across crypto are up amid broader anticipation.Nvidia’s CEO Jensen Huang recently traveled to China with President Trump, with the US president meeting Chinese President Xi Jinping in a key summit.NEAR price predictionTechnical indicators suggest a short-term bullish bias for NEAR.On the daily chart, price action is forming what appears to be a cup-and-handle pattern.This is a consolidation structure that often precedes continuation to the upside if the handle resolves on renewed volume.NEAR also currently trades above major moving averages, an arrangement that typically favors buyers. But that’s not all.Momentum metrics bolster the constructive outlook, with the average directional index (ADX) on the daily frame pointing to a strengthening trend.Elsewhere, the relative strength index (RSI) sits near 64, indicating momentum with room for further appreciation before reaching overbought territory.The Awesome Oscillator and MACD indicators both show bullish readings that align with a buying opportunity in the near term.Price targets and risk levelsIf bullish conditions persist, NEAR could extend above the $1.70 level.Near-term upside targets would be in the $2.00 to $2.50 range, should volume maintain its recent lift and the cup-and-handle pattern get validated.On the flipside, the initial support band lies around $1.50. The region marks a key consolidation zone, below which could be $1.20.The post NEAR price climbs amid 32% volume spike: what’s the near-term outlook? appeared first on CoinJournal.

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Algorand (ALGO) jumped 5% after Robinhood listed it for US users.Algorand’s price has stayed between $0.1092 and $0.1173 with no breakout.Weekly trend is still down 6.8% despite the short-term rally.Algorand has recorded a sharp burst of activity following its addition to Robinhood’s crypto trading platform, including availability for users in New York.At the time of writing, Algorand’s ALGO coin was trading near $0.1149, showing a 24-hour gain of about 5%.Robinhood listing triggers short-term momentumThe listing on Robinhood marks a notable distribution shift for Algorand.$ALGO is now available to trade on Robinhood Crypto, including NY. pic.twitter.com/HBqM2MZ9zA— Robinhood (@RobinhoodApp) May 19, 2026The listing on Robinhood gives access to a large base of retail users, and historically, new listings on major retail brokerages tend to attract immediate trading interest.In this case, the move was preceded by a wave of market commentary highlighting the possibility of Robinhood adding ALGO.During that period, Algorand recorded intraday gains in the range of 5% to over 7%, depending on the timeframe used across different market trackers.Once the listing was confirmed, trading activity increased further, with daily volume reaching approximately $58.9 million according to data from Coingecko.This spike in activity coincided with heightened attention from retail traders reacting to the expanded accessibility of the token.Price structure still shows resistance to a sustained breakoutEven with the Robinhood-driven rally, Algorand continues to trade well below its long-term highs.The token remains down roughly 96.8% from its all-time peak of $3.56, recorded in June 2019.This long-term drawdown highlights how far the asset has moved away from its earlier cycle valuations.Over the past seven days, ALGO is still down around 6.8%, indicating that the recent move has not fully reversed earlier weakness.On a monthly basis, however, the token is up approximately 12.1%, showing that the asset has been recovering in bursts rather than maintaining a steady trend.More recently, price behaviour has been shaped by a narrow trading band.The 24-hour range between $0.1092 and $0.1173 aligns closely with the observed rally, suggesting that most of the move occurred within established short-term volatility limits rather than breaking out of a broader range structure.A key technical observation is that while momentum improved after the listing, there has been no sustained push beyond recent resistance levels near the $0.117–$0.122 zone, where price has repeatedly stalled in prior short-term rallies.Algorand price analysisThis indicates that buyers have not yet gained full control of trend direction.Market reaction points to a liquidity-driven move rather than a trend shiftThe current market setup shows characteristics of a liquidity-driven reaction rather than a structural reversal.The combination of a confirmed Robinhood listing and rapid price expansion fits a pattern commonly seen when assets gain new retail access.Trading volume near $59 million in 24 hours reflects increased participation, but the lack of follow-through beyond the immediate price spike suggests that the move is still largely sentiment-driven.The fact that ALGO has remained negative over the past week reinforces the idea that recent gains are offsetting prior declines rather than establishing a new upward trend.Outlook: bounce or reversal still unresolvedThe expansion of availability on Robinhood, including access for New York users, increases the potential pool of participants.This type of distribution event typically has two phases: an initial reaction driven by attention and a second phase where sustained demand either develops or fades.With the token still trading far below historical highs and showing negative weekly performance, the recent move sits within a corrective recovery phase rather than a confirmed breakout structure.Whether this develops into a trend reversal will depend on whether trading activity continues beyond…

Key takeawaysPI has reclaimed the $0.1500 level after dropping below this critical area on Tuesday.The positive performance comes following the mainnet upgrade. Pi Network has reversed its downward trend on Wednesday, climbing above the $0.1500 level following a major infrastructure upgrade to its mainnet nodes. At press time, PI traded around $0.1518, extending recent losses while technical indicators hinted at the possibility of a short-term rebound.Pi Core team completes major mainnet upgradeThe Pi Core Team announced that major mainnet nodes have successfully upgraded to Stellar protocol version 23, reflecting the project’s reliance on the Stellar blockchain infrastructure.The update also included several backend improvements, such as migrating the operating system from Ubuntu 20 to Ubuntu 24 and upgrading the database engine from PostgreSQL 12 to PostgreSQL 16.The latest upgrade is aimed at improving network performance, security, and long-term scalability as the ecosystem continues to evolve.PI price outlook: Technical indicators suggest a possible recoveryThe PI/USD 4-hour chart is still bearish and efficient as PI has underperformed over the past few days.The bearish performance comes despite the infrastructure progress. The token is currently trading below both the 50-period Exponential Moving Average (EMA) near $0.1605 and the 200-period EMA around $0.1709, maintaining a broader bearish outlook.However, momentum indicators suggest selling pressure may be weakening. The Relative Strength Index (RSI) has dropped to near 29, signaling oversold conditions while also forming a positive divergence as price approaches Tuesday’s low of $0.1463.This type of divergence often points to a potential reversal or short-term bounce. If buying momentum increases, PI could attempt to retest a descending trendline resistance near $0.1519.Meanwhile, the Moving Average Convergence Divergence (MACD) indicator remains flat below the zero line, indicating fading bearish momentum but not yet confirming a bullish recovery.PI/USD 4H ChartA successful breakout above the $0.1519 resistance level could open the door for a stronger recovery toward the 50-EMA at $0.1605, followed by the 200-EMA near $0.1709.On the downside, the recent low at $0.1463 remains a critical support zone. A daily close below that level could invalidate rebound expectations and potentially trigger additional downside pressure for Pi Network.The post Pi Network tops $0.1500 following mainnet upgrade appeared first on CoinJournal.

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Key takeawaysBTC remains around the $77k level after rejecting the 200-day moving average.The bearish performance comes as rising inflation and Treasury yields weigh on risk sentiment.Bitcoin slipped below $77,000 earlier on Wednesday after failing to break above the 200-day moving average near $82,000, as rising inflation and tighter macroeconomic conditions weighed heavily on risk assets.The decline comes after hotter-than-expected U.S. inflation data showed Consumer Price Index (CPI) growth accelerating to 3.8% year-over-year. At the same time, rising oil prices and a surge in the 10-year Treasury yield have reduced expectations for Federal Reserve rate cuts, with markets increasingly pricing in the possibility of a rate hike by December.Bears continue to dominate the marketAccording to a report from K33 Research, Bitcoin’s rejection at the 200-day moving average mirrors patterns seen during previous market cycles in 2014, 2018, and 2022, when rapid rebounds were followed by sharp deleveraging-driven sell-offs.K33 noted that those historical recoveries rebuilt trader confidence and leverage quickly, leaving markets vulnerable to aggressive corrections once momentum faded.“A core ingredient in the ensuing legs lower was the unwind of positions built up during the rally itself,” the report stated.However, analysts emphasized that the current cycle differs in several important ways. Bitcoin took significantly longer to revisit the 200-day moving average after breaking below it, spending 189 days before retesting the level in May. That compares with 96 days in 2014, 132 days in 2018, and 85 days in 2022.Derivatives data suggest traders remain cautious rather than excessively bullish. Funding rates have stayed negative for 81 consecutive days, while options market skews are hovering near yearly highs, indicating persistent defensive positioning.Institutional flows have presented a mixed picture. Global Bitcoin exchange-traded products (ETPs) recorded their largest weekly outflow of the year last week, totaling 24,303 BTC. The figure marked the ninth-largest five-day outflow since the launch of U.S. spot Bitcoin ETFs.K33 noted that selling pressure intensified as Bitcoin approached the average ETF cost basis, a level that has historically triggered elevated outflows.Bitcoin technical outlook: BTC consolidates around $77,000At the time of writing, Bitcoin is hovering near $77200, slightly above the 50-day EMA at $76,743 and the 100-day EMA at $76,867. However, the broader trend remains constrained by the 200-day EMA at $81,845, which continues to act as a strong overhead resistance level.This positioning suggests that while short-term buyers are attempting to stabilize price action, longer-term trend signals have yet to confirm a bullish reversal.Technical indicators point to declining bullish momentum. The Relative Strength Index (RSI) is drifting toward the mid-40s, indicating weakening buying pressure without yet reaching oversold conditions.Meanwhile, the Moving Average Convergence Divergence (MACD) remains firmly in negative territory, reinforcing the view that recent upward moves have lost strength following the prior rally attempt.If the rally resumes, immediate resistance is located at the 50% Fibonacci retracement level of the recent rally around $78,962. A breakout above this zone would be needed to challenge higher levels.BTC/USD 4H ChartHowever, if the selloff continues, initial support is anchored by the 50-day EMA at $76,743. A break below this level could expose Bitcoin to further losses toward the 38.2% Fibonacci retracement at $74,487.Deeper support lies near the reclaimed trendline around $70,785, with the 23.6% retracement level at $68,950 acting as a final key cushion for the current structure.The post Bitcoin stays around $77K after 200-day moving average rejection appeared first on CoinJournal.

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Jupiter price traded between $0.19 and $0.21, up 8% in the past 24 hours.TVL rose to $2.94 billion, and Jupiter launched Metis V8 to reduce execution drift.The technical picture included a daily RSI at 52 and an upsloping.Jupiter (JUP) rose more than 8% in the past 24 hours, with prices respecting a rising trendline support.The jump in the JUP token’s value has coincided with the protocol’s total value locked (TVL) climbing to $2.94 billion amid the launch of Metis V8, an update to a routing engine with over $2 trillion in lifetime volume.As the DEX aggregator’s native token rises, the key question is whether the technical picture gives the bulls an edge.Jupiter price surges as TVL jumps to $2.94 billionJUP was trading within an intraday range between $0.19 and $0.21, with prices up more than 8% and daily volume up roughly 37% to over $26 million. The Jupiter market capitalization expanded to $700 million.Elsewhere, the protocol’s TVL increased to $2.94 billion, marking a notable jump from $2.30 billion on May 1, 2026.The significant rise reflects renewed capital inflows and increasing usage.In crypto, total value locked acts as an important metric that measures assets committed to a protocol, indicating liquidity depth, user trust, and the ecosystem’s capacity to support large trades without severe slippage.Leading tokens contributing to Jupiter’s TVL are SOL, USDE, USDG, and WBTC, highlighting both native Solana liquidity and bridged/pegged assets that underpin cross-asset routing activity.Jupiter eyes further DeFi traction with Metis V8As a leading DEX aggregator on Solana, Jupiter has maintained prominence by optimizing routing and reducing execution friction for traders.The project witnessed negative sentiment that cooled interest earlier in May, aligning with broader market turmoil.However, the protocol has attracted fresh flows and could reinforce a bullish picture via its product enhancements.On Wednesday, Jupiter announced the launch of Metis V8, the latest iteration of its DeFi routing engine designed to tighten execution quality.Metis V8 focuses on reducing Quotation Execution drift using slippage penalties and implements just-in-time (JIT) on-chain finalization to improve execution certainty.Metis V8: Solving The QE DriftMetis, the top router in DeFi with more than $2T+ in lifetime volume, has always been focused on the hardest problems in routing. And these days, it is not just about finding the best quote, it is about making sure what lands is as close to the… pic.twitter.com/sTYi867DUx— Jupiter (@JupiterExchange) May 20, 2026The update also targets sub-2 slot latency and introduces a rapid quotation mode.Jupiter says the update aims at minimizing adverse price movement between quote and execution.These technical improvements should strengthen Jupiter’s value proposition for high-frequency routing and larger order flows, potentially translating to sustained TVL and fee generation.JUP price forecastThe JUP token has bounced strongly from the $0.19 area as bulls attempt to extend a recovery that followed a swift reversal from highs near $0.27 down to $0.18 between May 10 and May 17, 2026.Gains mean buyers could look to test a key supply zone once more, with this corresponding to local highs recorded in late December 2025 and again this May.Jupiter Price ChartJupiter price chart by TradingViewOn the technical front, momentum indicators show mixed signals.The daily RSI sits around 52 and is upsloping, suggesting mild bullish momentum and room for further gains.However, the Supertrend indicator currently issues a sell signal, reflecting potential downside risk following the surge from lows of $0.15 in April.Until price decisively breaks higher, the near-term resistance levels to monitor would be $0.23 and $0.27.A more significant barrier would be at $0.30 and $0.45. On the flipside, key support levels could be at $0.17 and the $0.14-$0.13 area.The post Jupiter (JUP) price forecast as TVL rises to $2.94B and Metis V8 launch appeared first on CoinJournal.

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Real signs partnership with iExec to develop private RWA blockchain infrastructure.Companies explore encrypted asset issuance, lending, and compliant financial operations.Confidential computing gains attention as the institutional tokenization market continues expanding.Real has entered into a memorandum of understanding with iExec to explore privacy-focused infrastructure for tokenized assets.The collaboration will evaluate how institutional RWA issuance, distribution, and on-chain financial activity can be conducted while preserving confidentiality and supporting compliance and audit requirements.Real provides infrastructure for the full lifecycle of tokenized assets, including onboarding, verification, risk assessment, settlement, and asset management.iExec contributes confidential computing capabilities through Trusted Execution Environments such as Intel TDX and its Nox Protocol, which enables encrypted data processing, confidential smart contract execution, selective disclosure, and verifiable computation.As part of the collaboration, the companies will assess how the Nox Protocol can integrate with Real’s Layer 1 blockchain to support confidential tokenized assets, encrypted transaction flows, and private financial operations.The collaboration will focus on confidential RWA issuance and distribution, including encrypted balances and private transaction flows, as well as financial activities such as subscriptions, redemptions, dividend payments, lending, and structured credit.“Institutions need more than tokenization. They need infrastructure that protects sensitive financial data while still allowing compliance, oversight, and auditability,” said Ivo Grigorov, CEO, Real.“Our Partnership with iExec is an important step toward exploring how confidential computing can support the next generation of real-world asset markets.”The companies will also explore selective disclosure tools for regulators and auditors, while assessing how confidential assets can remain interoperable with custody solutions, settlement systems, and potential secondary markets.The agreement establishes a framework for evaluating institutional use cases such as tokenized funds and private credit. Planned next steps include technical discussions, identifying pilot opportunities, and aligning infrastructure architecture.As real-world asset tokenization expands, institutional participation increasingly requires protection for sensitive data such as investor allocations and transaction information.Real and iExec said they will examine how confidential computing can enable private financial operations while preserving on-chain verification and controlled regulatory access.The post Real to partner with iExec on privacy-focused institutional RWA operations appeared first on CoinJournal.

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Coins.ph adds BTC and ETH payments to the Philippines QRPh system.Users can spend crypto at 700,000 QRPh-enabled merchants.Stablecoins remain key for remittances and daily crypto payments.Coins.ph has expanded its QRPh crypto payment functionality to support Bitcoin and Ethereum transactions, broadening the use of digital assets within the Philippines’ national QR payment infrastructure.The Manila-based crypto platform announced on May 19 that users can now pay merchants nationwide using Bitcoin (BTC) and Ethereum (ETH) through QRPh, the national QR code standard developed by the Bangko Sentral ng Pilipinas (BSP).The expansion builds on Coins.ph’s earlier rollout of QRPh-compatible stablecoin payments, which introduced support for USDT earlier this year.Under the system, crypto balances are automatically converted into Philippine pesos during checkout, allowing users to pay merchants directly without manually converting digital assets into local currency beforehand.Coins.ph estimates that the integration enables crypto payments across approximately 700,000 QRPh-enabled merchants throughout the country.Crypto payments expand within national QR infrastructureThe latest update broadens the range of cryptocurrencies supported within the Philippines’ existing QR payment ecosystem.QRPh serves as the national QR code standard designed to enable interoperable digital payments between financial institutions and merchants across the country.Earlier this year, Coins.ph became the first digital wallet provider in the Philippines to integrate direct crypto payments into the national QR infrastructure through stablecoin support.The company said the earlier USDT rollout generated substantial transaction volume and demonstrated growing consumer demand for crypto-based payments integrated into everyday financial activity.With the addition of Bitcoin and Ethereum, Coins.ph is now extending access to two of the world’s largest cryptocurrencies while maintaining the same checkout experience used for stablecoin payments.The company said the process allows users to scan QRPh codes at merchants while the system automatically converts crypto into Philippine pesos in real time.Stablecoins remain central to remittance use casesCoins.ph said stablecoins continue to play a key role within the broader payment infrastructure, particularly given the Philippines’ position as one of the world’s largest remittance markets.The country receives approximately $38 billion in annual remittance inflows, according to the company.Stablecoins have increasingly become part of cross-border payment flows, allowing recipients to receive and hold digital dollar-denominated assets before converting or spending them locally.Coins.ph said the QRPh integration enables users to move between fiat currency and digital assets within a single payment flow, removing additional conversion steps that are often required in crypto transactions.The addition of Bitcoin and Ethereum broadens supported payment assets while preserving what the company described as a unified payment experience focused on practical daily use.Coins.ph highlights broader crypto adoption growthCoins.ph operates as a licensed Virtual Asset Service Provider and Electronic Money Issuer under BSP regulation.The Philippines remains one of the fastest-growing crypto markets globally. According to estimates cited by the company, the country now has more than 15 million crypto users, representing roughly 13.4% of the population.Wei Zhou, CEO of Coins.ph, said:“The addition of new tokens to our QRPH crypto payments feature is a great achievement following the landmark introduction of USDT payments for the Philippine financial landscape. We aren’t just adding new tokens; we are redefining what a digital wallet can do. This is the future of finance in action and we’re making the world’s most popular cryptocurrencies a functional part of the Filipino daily life.”Coins.ph said its broader platform combines digital assets, payments infrastructure, remittances, foreign exchange…

Ethereum is testing the $2,140 level after an intraweek low near $2,070.A technical breakdown raises the risk of a sharp decline to $1,350, CryptoQuant notes.Bullish catalysts could include regulatory clarity and continued institutional demand.Ethereum (ETH) briefly traded back above the $2,100 level on Wednesday after gaining about 1% over the past 24 hours as Bitcoin reclaimed the $77,200 mark.While the rebound offered some relief for bulls, the altcoin remains under pressure following a sharp weekly decline.Technical indicators continue pointing to elevated downside risk, with some analysts warning that ETH could face a deeper correction toward the $1,350 level.Ethereum price todayMarket data during the US session on Wednesday showed Ethereum testing the $2,140 zone after rebounding from intraweek lows near $2,070.The rebound followed several sessions of heavy selling, although ETH remains well below recent swing highs.Ethereum is currently trading nearly 7% lower for the week and roughly 28% lower year to date.The Relative Strength Index (RSI) is hovering near oversold territory, which may suggest conditions for a short-term relief bounce.However, ETH continues trading below all major moving averages on the daily chart, signaling that bearish momentum remains dominant.Could ETH fall to $1,350 after a bearish breakdown?One of the primary concerns for bulls is Ethereum’s breakdown below the support trendline of a triangle pattern.The latest sell-off confirmed the structural breakdown on the daily chart, raising concerns that price action could mirror a similar technical failure earlier this year.At the time, Ethereum’s price declined sharply from the $2,800–$3,000 range, falling roughly 35% over several days in February. If similar market conditions develop again, analysts warn that selling pressure could intensify further.Analysts at CryptoQuant highlighted the downside risk in a recent market note.“If Ethereum fails to reclaim the broken triangle structure, selling pressure could accelerate further, and price may target the $1,350 support level,” CryptoQuant author and analyst Pelin Ay wrote.Macro conditions and weakening market flows have also added pressure to Ethereum’s price outlook.Ethereum Price Chart Ethereum price could crash to $1,350. Chart by CryptoQuantEthereum’s recent weakness has tracked Bitcoin’s broader lack of momentum, with BTC slipping toward the $76,000 area in recent sessions.Meanwhile, spot Ethereum ETFs have recorded seven consecutive days of net outflows.Persistent outflows have increased concerns that the recent technical breakdown could develop into a more prolonged downtrend.Contrasting views and potential support levelsNot all market participants remain bearish on Ethereum’s longer-term outlook.Bitmine’s Tom Lee said the recent pullback could represent a “buy low” opportunity, particularly as Bitmine’s treasury holdings now exceed 4.37% of Ethereum’s circulating supply.Some bullish investors continue pointing to longer-term catalysts, including stablecoin growth on Ethereum, increasing staking adoption, and expanding interest in tokenized real-world assets (RWA).Market participants are also monitoring regulatory developments that could influence broader institutional adoption trends over time.In the near term, traders will closely watch whether buyers can push ETH back above the $2,200–$2,400 resistance zone.Failure to reclaim that range could expose the token to another decline below $2,000, with some analysts identifying $1,350 as a possible downside target.The post Ethereum retests $2,100, but could ETH crash amid technical breakdown? appeared first on CoinJournal.

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BingX recorded 565 new perpetual listings since 2025, averaging 35 new contracts monthly.The report identified BingX as having one of the strongest market share growth trajectories.BingX led in new listings of AI-related assets.BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a partnership with CoinGecko for the release of the 2026 State of Crypto Perpetuals Report, an in-depth study examining the evolution of the perpetuals market across centralized and decentralized exchanges.The report identified accelerating growth in trading tied to tokenized real-world assets (RWAs), AI-linked markets, and multi-asset products, trends that closely align with BingX’s leadership in multi-asset trading.Moreover, the report indicated that trading related to RWAs accelerated sharply in 2026, with first-quarter volumes already surpassing total 2025 levels.It also highlighted growing traction for stock perpetuals and other traditional finance-linked products as traders increasingly seek continuous access to diversified markets through crypto-native infrastructure.According to CoinGecko’s 2026 State of Derivatives Report, BingX Experienced Strong Growth:#2 Perpetual Listings Globally: BingX recorded 565 new perpetual listings since 2025, averaging 35 new contracts monthly, and among the highest number of new listings of any exchange.Fastest Derivatives Growth Into 2026: The report identified BingX as having one of the strongest market share growth trajectories, increasing its derivatives market share by 58% entering 2026 and YoY growth exceeding 66%, bucking the overall trend and driven by large RWA asset growth.BingX TradFi Suite Expansion: BingX expanded its RWA perpetual offerings with tokenized equity products tied to global companies, including major stocks.AI-Related Perpetual Markets: BingX led in new listings of AI-related assets, which represented the largest category of new BingX perpetual listings, totaling 111 new markets.Reflecting the company’s Infinite Vision strategy of delivering early access to trending narratives and new market opportunities, BingX has also expanded into alternative investment exposure through the launch of SpaceX pre-IPO and OpenAI pre-IPO perpetual trading.BingX also introduced EventX to its Futures lineup, alongside Standard & Perpetual Futures, Copy Trading, and TradFi Markets.EventX is an innovative contracts product that enables users to trade on the outcomes of major global events and digital assets.Together, these developments reflect BingX’s broader vision of building a unified multi-market trading environment that bridges crypto and traditional finance while evolving alongside changing user and market demands.About BingX Founded in 2018, BingX is a leading crypto exchange and Web3-AI company, serving over 40 million users worldwide.Ranked among the top five global crypto derivatives exchanges and a pioneer of crypto copy trading, BingX addresses the evolving needs of users across all experience levels.Powered by a comprehensive suite of AI-driven products and services, including futures, spot, copy trading, and TradFi offerings, BingX empowers users with innovative tools designed to enhance performance, confidence, and efficiency.BingX has been the principal partner of Chelsea FC since 2024, and became the first official crypto exchange partner of Scuderia Ferrari HP in 2026.For media inquiries, please contact: media@bingx.comFor more information, please visit: https://bingx.com/The post BingX shows robust 66% growth YoY in CoinGecko perpetuals report appeared first on CoinJournal.

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Key takeawaysZEC is up 12% in the last 24 hours, making it the second-best performer in the top 10.The coin could rally past the $700 mark in the near term. ZEC rallies as broader crypto market underperformsZEC, the native coin of the Zcash ecosystem, is up 12% in the last 24 hours, making it the second-best performer among the top 20 cryptocurrencies by market cap.The rally allowed ZEC to hit the $692 mark earlier today, adding 26% to its market cap so far this week.ZEC’s rally over the past few days comes as regulatory clarity for ZCash has improved following the U.S. Securities and Exchange Commission’s announcement closing its investigation into the Zcash Foundation. The Zcash Foundation also reported holding approximately $36.7 million in liquid assets, mostly in ZEC, according to its Q1 update. Core technical development continues on the Zcash protocol despite organizational changes at the Electric Coin Company.Zcash technical outlook: ZEC targets higher resistance levels above $700The ZEC/USD 4-hour chart is extremely bullish as Zcash has only been outperformed by Hyperliquid over the last seven days. At press time, ZEC is trading at $655 after hitting the $692 level. The momentum indicators are extremely bullish, suggesting that the buyers are in full control. The RSI of 70 means that ZEC is now in the overbought region. The coin could undergo a correction, but the current momentum remains bullish. The MACD lines are also within the overbought territory.If the rally continues, ZEC could extend its gains past $700 and hit the $745 resistance level for the first time since November. An extended rally would allow ZEC to target the $800 psychological level.ZEC/USD 4H ChartHowever, if the market undergoes a correction, ZEC could retest the $580 low created on Wednesday. Failure to defend this support level could expose ZEC to lower demand zones around $485.The post Zcash approaches $700 as buying pressure builds appeared first on CoinJournal.

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Key takeawaysDOGE is up by nearly 1% and is now trading above $0.10.The rally comes as memecoins recorded gains amid the broader crypto market recovery.Memecoins surge higher as market reboundsDogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are extending their recovery on Thursday following recent corrections.The positive performance comes as market sentiment helps lift major meme coins. Renewed optimism around a potential peace agreement between the United States and Iran has also contributed to the broader rebound across crypto markets.Dogecoin is showing a very strong technical structure after rebounding from a key support zone. The coin is now approaching a major moving average level that could determine its next directional move.Dogecoin price outlook: DOGE rebounds from key support zoneThe DOGE/USD 4-hour chart is bearish and efficient despite Dogecoin adding 1% to its value. The leading memecoin faced rejection at the weekly resistance level of $0.119 last week, triggering a decline of more than 11% through Tuesday.However, it has now bounced back above $0.10 after retesting a key support area around the previous trendline breakout zone, which aligns with the daily support at $0.102,At the moment, DOGE is approaching the 200-day Exponential Moving Average (EMA) at $0.106.If the memecoin closes the daily candle above the 200-day EMA, it could strengthen its bullish momentum and open the path toward a retest of the $0.119 weekly resistance.The momentum indicators suggest that the buyers are stepping in. The Relative Strength Index (RSI) is hovering near 43, indicating neutral conditions after the recent pullback. Meanwhile, the Moving Average Convergence Divergence (MACD) remains in negative territory, suggesting that upside momentum is still fragile and could face resistance from overhead moving averages.DOGE/USD 4H ChartHowever, if the sellers return and DOGE drops below the $0.102 support, the bearish trend could push the price below the psychological level of $0.100.Currently, DOGE remains in a short-term recovery phase, but traders are closely watching whether it can reclaim key technical levels to confirm a stronger bullish continuation.The post Dogecoin extends recovery as meme coins regain momentum appeared first on CoinJournal.

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Mantle price rose to near $0.70, supported by rising volume.Daily indicators (RSI, MACD) favor short-term upside, but the price remains below a key downtrend line.Key resistance looms at $0.71 and support at the $0.60-$0.57 zone.Mantle climbed nearly 10% on Thursday, reaching intraday highs above $0.69 as a broader altcoin rebound lifted market sentiment.The move mirrored gains across several mid-cap projects, including Hyperliquid, Zcash, and NEAR, and was accompanied by increased trading volume and renewed attention toward real-world asset (RWA) integrations within Mantle’s ecosystem.While the technical picture supports further short-term upside, bears remain active near the intraday peak, and a pullback cannot be ruled out.Mantle price retests barrier near $0.70The MNT token’s intraday highs marked a decisive retest of the key psychological and technical resistance level at $0.70.The move comes as bulls attempt to secure a second consecutive green daily candle following a recent dip to $0.61.Notably, trading volume expanded alongside the rally, rising 116% to $46 million and signaling stronger buying interest.Mantle is among the crypto tokens benefiting from growing market discussion around RWA projects, with institutional demand expected to rise if the SEC moves forward with allowing blockchain-based tokenized stock trading.Recent ecosystem developments have also supported bullish sentiment. These include xStocks integrating xChange (Atomic RFQ) on Mantle, the launch of $BILL, and KelpDAO enabling rsETH withdrawals, bridging, and claims.However, the key question remains whether MNT can break through the $0.70 supply zone.MNT price predictionThe recent rally places Mantle in a short-term bullish position.Daily technical indicators show a bullish Relative Strength Index (RSI), while the MACD is signaling a potential bullish crossover, both of which support continued upside momentum.MNT’s recovery above the $0.65 level also places the token back above short-term moving averages, typically encouraging additional buy-side activity from momentum traders.However, broader trend indicators still suggest a mixed outlook.Mantle Price ChartMantle price chart by TradingViewThe Average Directional Index (ADX) and Commodity Channel Index (CCI) remain largely neutral, indicating that while momentum has shifted in favor of bulls, conviction is still limited.Crucially, MNT remains below a prevailing downtrend line, which could cap further gains unless the token closes and holds above that resistance level.Sellers may also focus on key moving averages acting as supply zones, with the 100-day EMA near $0.71 and the 200-day EMA around $0.82.If momentum continues higher, the 100-day SMA near $0.84 could present another resistance level.On the downside, failure to hold above $0.65 and a decisive move below $0.60 could invalidate the near-term bullish outlook.In that scenario, downside pressure could intensify, with immediate support levels near $0.60 and then $0.57. The post Mantle (MNT) jumps 10% to extend gains but can bulls break $0.70 resistance? appeared first on CoinJournal.

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Aster price surged to $0.74 amid a 300% increase in 24-hour trading volume.Rally aligns with broader capital rotation into altcoins led by Hyperliquid.ASTER bulls need a close above $0.75 for continuation; a close below $0.65 would risk renewed selling.Aster (ASTER) recorded modest gains, rising to near $0.74 as traders piled into multiple altcoins seen as offering higher profit potential amid Bitcoin’s ongoing struggle.Although ASTER later pulled back from its peak, the move highlighted renewed speculative capital flowing into niche derivatives and decentralized perpetual markets.ASTER price jumps amid 24-hour volume spikeThe perpetual DEX protocol’s token may be benefiting from a broader rotation into altcoins and renewed interest in perpetuals-related listings, helping drive a triple-digit surge in daily trading volume.Market data shows the ASTER token tested intraday highs near $0.74 before pulling back slightly amid profit-taking.MediaAster price chart by CoinMarketCapBefore slipping to around $0.70, ASTER had climbed to levels last seen a week ago.Bullish sentiment pushed 24-hour trading volume to roughly $256 million, up 300% from the previous day.That surge in activity helped bulls lift the token higher before profit-taking trimmed gains. At the time of writing, ASTER was still up about 5% on the day.Can ASTER mirror Hyperliquid rally?Strength in high-beta altcoins may partly explain Aster’s rebound, with broader capital rotation into altcoins particularly visible among perpetuals-focused projects.The standout performer has been Hyperliquid, whose HYPE token has surged more than 19% over the past 24 hours and 46% over the past week.HYPE reached a new all-time high above $62 on Thursday amid growing institutional demand.Asset manager Grayscale Investments was among the notable buyers, reportedly purchasing more than 115,700 HYPE during the session.JUST NOW: $HYPE HITS NEW ATH ABOVE $62, MARKET CAP REACHES $15B— The Wolf Of All Streets (@scottmelker) May 21, 2026Liquidity and trader attention also appear to be flowing into Aster and related tokens.The addition of a SpaceX pre-IPO perpetual contract with up to 5x leverage on Aster’s platform may have further fueled speculative inflows, as traders sought leveraged exposure to a headline-grabbing underlying asset.Aster price forecastThe near-term outlook for ASTER depends on whether the recent volume-driven rally can sustain momentum or fade into a short-lived breakout.Bulls will need to maintain buying pressure and push the price decisively above the $0.75 resistance level.A strong, volume-backed close above that threshold could increase the likelihood of further gains as momentum traders and retail investors continue chasing upside.On the other hand, fading buyer interest could open the door to renewed downside pressure.A close below $0.65 may trigger additional selling as traders who entered during the spike begin rotating out, while short-term momentum traders turn bearish.Key support levels to watch remain in the $0.65-$0.60 range, where previous intraday buyers established positions. The post Aster price gains amid 300% volume spike – can it mirror HYPE rally? appeared first on CoinJournal.

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