Key takeawaysCardano trades near $0.222 on Monday after rallying more than 15% last week.ADA’s long-to-short ratio of 0.94 shows slightly more bearish than bullish positioning.Positive funding rates and large whale orders provide mildly bullish signals.The RSI and MACD indicate strengthening upside momentum.Cardano holds gains following 15% weekly rallyCardano (ADA) trades around $0.222 on Monday after gaining more than 15% last week.Mixed derivatives data and mildly positive on-chain indicators reflect cautious sentiment among traders. However, strengthening technical momentum suggests ADA could extend its recovery if buyers overcome a cluster of resistance levels between $0.231 and $0.245.The token currently trades above its 50-day and 100-day exponential moving averages, reinforcing its improving short-term outlook.Cardano’s derivatives market presents a divided picture on Monday. CoinGlass data shows ADA’s long-to-short ratio at 0.94. A reading below 1 means short positions outnumber long positions, indicating that slightly more traders are betting on a price decline than an advance.However, the difference between bullish and bearish positioning remains relatively narrow, suggesting traders are cautious rather than strongly bearish.Funding rates offer a more encouraging signal. Cardano’s open interest-weighted funding rate turned positive on Saturday and stood at 0.0097% on Monday.A positive funding rate means traders holding long positions are paying those holding shorts, typically reflecting increased demand for bullish exposure. The shift suggests sentiment has improved following ADA’s double-digit weekly rally.CryptoQuant’s summary data also points to cautiously optimistic sentiment around Cardano.Large whale orders have appeared in ADA’s futures market, indicating increased activity among well-capitalized traders. Most other tracked metrics remain neutral, limiting the strength of the bullish signal.The combination of large orders and neutral broader indicators suggests institutional or whale interest may be increasing, but the market has not yet established overwhelmingly bullish positioning.Continued buying from large traders could support ADA’s recovery, while a decline in whale activity could leave the token vulnerable to profit-taking.Cardano momentum indicators strengthenADA’s price remains above the 50-day and 100-day EMAs, both clustered around the psychologically important $0.200 level.The Relative Strength Index stands near 61 on the daily chart. This reading reflects solid bullish momentum while remaining below the overbought threshold of 70, suggesting ADA may have room to rise before the rally becomes overstretched.The Moving Average Convergence Divergence indicator has also turned marginally positive. This shift signals that buyers are gradually gaining control, although a descending trendline continues to act as dynamic resistance.Together, the RSI and MACD support a constructive short-term outlook, but ADA must clear several overhead barriers to confirm an extended recovery.Cardano faces immediate resistance at the 61.8% Fibonacci retracement near $0.231. A move above that level would bring the horizontal resistance at $0.236 into focus.The 200-day EMA sits around $0.243, just below another key resistance level at $0.245. This concentration of technical barriers could attract profit-taking and slow ADA’s advance.A sustained break above $0.245 and the descending trendline would strengthen the bullish case and potentially open the door to a more substantial recovery.ADA/USD 4H ChartConversely, failure to clear $0.231 could trigger a pullback toward the 50% Fibonacci retracement at $0.213.Below that level, the 100-day EMA around $0.200 and the 50-day EMA near the 38.2% Fibonacci retracement at $0.195 form a broader support zone. Deeper support levels sit at $0.173 and $0.150.ADA’s outlook remains cautiously bullish while the price stays above $0.200, but overcoming the $0.231–$0.245 resistance region will be crucial for extending the rally.The post Cardano…

Key takeawaysBittensor trades higher on Monday, extending its five-day gain to approximately 25%.TAO’s social dominance has increased amid renewed interest in AI tokens and the launch of the Buttensor meme coin on Solana.TAO open interest reached a three-month high of $428.57 million, indicating growing derivatives activity.Bittensor (TAO) trades in positive territory on Monday, extending its steady five-day rally to approximately 25%.The artificial intelligence-focused token gained 16% last week before rising another 12% on Sunday. TAO has now reached a two-month high as buyers target a breakout above the psychological resistance at $300.Social activity surrounding Bittensor is also increasing, supported by renewed interest in AI-related cryptocurrencies and the launch of a similarly named meme coin on Solana.Bittensor meme coin drives attention toward TAOA Bittensor parody token named Buttensor (BUTT) launched on Raydium, a Solana-based decentralized exchange, on Monday.The meme coin’s debut followed Raydium’s official launch of TAO trading on the platform a day earlier. BUTT was subsequently paired with TAO.The meme coin’s tokenomics direct transaction fees toward automatically purchasing TAO and distributing the acquired tokens to BUTT holders. The arrangement connects speculative activity around the meme coin with demand for Bittensor’s native token.However, the sustainability of this buying pressure will depend on continued trading activity and retail interest in BUTT.The release of ChatGPT-6 Astra has also coincided with renewed demand for AI-focused cryptocurrencies.Santiment data shows that TAO’s social dominance climbed to 0.05% on Thursday following Astra’s release. The metric has since risen to 0.12%, with the launch of Buttensor contributing to the increase in online discussion.Social dominance measures an asset’s share of cryptocurrency-related conversations. A rising reading can indicate growing investor interest, although elevated social activity can also accompany speculative price movements.Activity in Bittensor’s derivatives market has strengthened alongside the price rally. CoinGlass data shows that TAO open interest reached a three-month high of $428.57 million on Monday. The increase indicates that traders are adding positions rather than simply closing existing contracts during the rally.Rising open interest alongside an advancing price generally supports a bullish outlook. However, a large buildup in leveraged positions could increase volatility and liquidation risk if TAO suddenly reverses.TAO momentum strengthens near $300Bittensor trades comfortably above its 50-day, 100-day, and 200-day exponential moving averages, which are clustered between approximately $220 and $236.Its position above these major indicators confirms the strength of the current uptrend and provides several potential support levels during a correction.The Moving Average Convergence Divergence indicator remains above its signal line in positive territory, suggesting upside momentum is intact.However, the Relative Strength Index has reached 70 on the daily chart. This reading places TAO at the threshold of overbought conditions and warns that the rally could temporarily cool as traders take profits.TAO/USD 4H ChartThe psychological $300 level represents TAO’s immediate resistance. A confirmed daily close above $300 would reinforce the bullish outlook and could open the path toward $369, a high recorded on Sept. 13, 2025.Conversely, rejection from $300 could trigger a pullback toward the 200-day EMA near $236. If that support fails, the 100-day EMA at $222 and the 50-day EMA around $220 form a deeper demand zone.TAO’s outlook remains bullish while it trades above the moving-average cluster, but overbought conditions leave the token vulnerable to a short-term correction before another breakout attempt.The post Bittensor targets $300 as TAO extends five-day rally appeared first on CoinJournal.

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KuCoin launches KCUSD with a base APR of up to 4%.KCUSD offers daily returns on eligible stablecoin balances.KuCoin plans to expand KCUSD into collateral and trading utility.KuCoin has launched KCUSD, a new Earn product designed to help stablecoin holders generate returns on otherwise idle balances.The product will be available to eligible retail, high-net-worth, and institutional users, with subscriptions initially starting from as little as 1 USDT, USDC, or USDG.KCUSD will offer a dynamic base annual percentage rate (APR) of up to 4%, with users able to earn returns simply by holding the asset.KuCoin said there will be no subscription fee, while redemptions will be available in the same asset used for subscriptions.Returns will be credited daily and automatically added to users’ KCUSD balances.This structure allows returns to compound daily without requiring users to manually reinvest their earnings.During the initial launch period, eligible users who participate with qualifying new funds may receive a promotional APR of up to 6%, according to the company.Product targets idle stablecoin balancesKuCoin said stablecoins play a central role in digital asset market liquidity, but significant balances can remain idle in trading accounts.Users may keep stablecoins available for margin requirements or time-sensitive trading opportunities, potentially leaving those assets without a yield.The exchange said moving such balances into traditional staking or standalone Earn products can reduce their immediate trading utility.The trade-off is particularly relevant for institutions, market makers, professional trading firms, and high-net-worth users that maintain large stablecoin balances for extended periods.KCUSD initially addresses this issue through a hold-to-earn model, allowing users to generate returns while holding the product.KuCoin also plans to expand KCUSD’s utility in the future by integrating it as collateral or margin.The company said this planned functionality is intended to reduce the trade-off between earning returns and maintaining access to capital for trading activities.KuCoin plans broader utility for KCUSDKuCoin CEO BC Wong said the launch reflects the company’s view that digital asset infrastructure needs to focus not only on access and liquidity but also on how efficiently capital can be deployed.“Our long-term view is that yield, liquidity and risk utility should not remain in separate silos,” Wong said.KuCoin described KCUSD as an infrastructure layer that could connect liquidity, asset productivity and risk management across its ecosystem. The product is expected to begin with yield generation before progressively expanding toward collateral and trading utility.The company said the development reflects a broader shift in digital finance, with stablecoins increasingly being positioned as productive capital rather than solely as settlement assets or reserves.The post KuCoin launches KCUSD with up to 4% base APR on Stablecoins appeared first on CoinJournal.

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Key takeawaysXLM remains above important moving-average support zones, preserving its broader bullish structures.Its long-to-short ratios rose to 1.15, approaching one-month highs.XLM faces immediate resistance at $0.20, followed by targets at $0.218 and $0.237.Stellar’s XLM is trading above important support zones on Tuesday, maintaining the possibility of further gains despite mixed momentum signals.Derivatives data also showed an increasingly bullish tilt toward the cryptocurrency. Positive funding rates and rising long-to-short ratios indicate that more traders are positioning for an upward price move.Derivatives traders increase long positionsCoinGlass data showed that the long-to-short ratio for XLM stood at 1.15 on Tuesday, approaching its highest level in a month.A ratio above one means that more traders hold long positions than short positions. The latest increase therefore suggests that derivatives market participants expect XLM prices to rise.Funding rates provide further evidence of bullish positioning. XLM’s rate became positive on September 2 and subsequently climbed to 0.0147%.Positive funding means traders holding long positions are paying those with short exposure to maintain market balance. While this generally reflects bullish sentiment, an excessively high rate can eventually increase the risk of long liquidations if prices suddenly decline.Current readings support a constructive outlook without necessarily indicating that positioning has reached extreme levels.XLM recovery extends above EMA supportXLM traded around $0.193 on Tuesday after climbing above its major exponential moving averages.The 50-day, 100-day and 200-day EMAs are concentrated between approximately $0.179 and $0.188. This cluster now forms a potential demand zone that could attract buyers during short-term pullbacks.XLM’s RSI stands near 60, keeping the indicator within bullish territory without showing overbought conditions.The MACD also maintains a mildly positive reading, with its main line above the signal line and the histogram remaining above zero. The setup suggests that upward momentum remains constructive, although buyers have not yet established a decisive breakout.XLM faces its first significant resistance at the 61.8% Fibonacci retracement level near $0.200.A sustained break above that psychological and technical barrier could allow the price to challenge the 50% retracement at approximately $0.218. The next resistance sits at the 38.2% Fibonacci level near $0.237.Clearing those barriers could open a path toward the descending trendline and the 23.6% Fibonacci retracement around $0.260.On the downside, the 200-day EMA at $0.188 offers immediate support. The 100-day and 50-day EMAs provide additional protection near $0.180 and $0.179, respectively.XLM/USD 4H ChartIf sellers push XLM below this moving-average cluster, the horizontal support at $0.177 and the 78.6% Fibonacci retracement at $0.173 would come into focus.Buyers would need to defend this area to maintain the broader recovery. A decisive breakdown could expose deeper support levels at $0.142 and $0.139.Overall, derivatives positioning and technical support favor further gains for XRP and XLM. However, confirmation will require XRP to overcome $1.90 and XLM to secure a sustained breakout above $0.20. The post XLM defends major moving averages as buying pressure builds appeared first on CoinJournal.

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Key takeawaysXRP is approaching $1.40 after defending short-term support at $1.38.Futures open interest edged up to 2.24 billion XRP, indicating a modest increase in derivatives exposure.The open-interest-weighted funding rate remains positive at 0.01%, showing that bullish traders are paying to maintain long positions.A daily close above $1.42 could open the path toward $1.50 and $1.70.Ripple’s XRP is down 1% on Tuesday, approaching the psychologically important $1.40 level after buyers defended support at $1.38.The recovery follows an unsuccessful attempt to break through selling pressure around $1.50 last week. Holding above $1.40 would strengthen XRP’s short-term outlook, while another rejection could increase the risk of profit-taking and investor exhaustion.Derivatives metrics remain broadly constructive, with futures open interest edging higher and funding rates staying positive. However, technical indicators show that bullish momentum has moderated, making the $1.42 resistance level critical to XRP’s next move.XRP futures Open Interest edges higherXRP’s derivatives market showed signs of stabilizing on Tuesday. Perpetual futures open interest increased marginally to 2.24 billion XRP, up from 2.23 billion XRP the previous day and 2.2 billion XRP on Sunday, according to CoinGlass.Open interest measures the total number of unsettled futures contracts. A sustained increase alongside rising prices can indicate that traders are committing fresh capital to bullish positions.However, current exposure remains below the 2.78 billion XRP recorded on August 15. This suggests that leverage has not fully recovered from its recent decline.If retail traders continue increasing their exposure, the additional demand could support a sustained move above $1.40. Conversely, a decline in open interest would indicate weakening conviction and could leave XRP vulnerable to another pullback.The open-interest-weighted funding rate held in positive territory at approximately 0.01%.CoinGlass data shows that the rate has remained near this level since August 28. Positive funding means long-position holders are paying traders with short exposure, typically reflecting stronger demand for bullish bets.The reading indicates that traders remain willing to pay a premium to maintain long positions despite XRP’s recent consolidation.Nevertheless, positive funding does not guarantee further gains. If bullish positioning becomes overcrowded while XRP struggles to clear resistance, a sudden decline could trigger long liquidations and accelerate selling pressure.Risk appetite across the broader cryptocurrency market also remains supportive. The Crypto Fear and Greed Index registered 69 on Tuesday, placing market sentiment within the “Greed” category. The reading was slightly below Monday’s level of 71.Elevated optimism can encourage traders to increase exposure to assets such as XRP. However, a high reading may also indicate that the market is becoming vulnerable to profit-taking, particularly if prices fail to extend their gains.Maintaining the current sentiment would support bullish positioning, while a sharp decline in the index could weaken demand for XRP and other major altcoins.XRP must break $1.42 to target $1.50XRP traded near $1.40 after rebounding from $1.38 support. The token remains above its major exponential moving averages, preserving its broader bullish structure.Initial resistance sits near $1.42, where a descending trendline is limiting the recovery. A daily close above this barrier would confirm a short-term breakout and bring the recent high around $1.50 back into focus.Clearing $1.50 could allow bulls to target the next major resistance level at $1.70.The Relative Strength Index stands near 59, above its neutral midpoint of 50. This shows that buyers retain an advantage, although momentum is no longer as strong as it was during the earlier rally.The Moving Average Convergence Divergence indicator has slipped modestly into negative territory. The signal points to fading upside momentum…

Key takeawaysChainlink has gained 51% over seven days amid improving regulatory sentiment and project-specific developments.Chainlink’s total value secured rose from $43 billion in June to nearly $57 billion by the end of August—an increase of approximately 33%.A partnership with Bottomline could connect payment infrastructure serving more than 600 banks to multiple blockchains.Chainlink has gained approximately 51% over the past seven days, outperforming much of the cryptocurrency market following new regulatory proposals from the U.S. Securities and Exchange Commission.The rally has also been supported by improving Chainlink network fundamentals and several significant adoption announcements.Chainlink’s total value secured increased from approximately $43 billion in June to nearly $57 billion by the end of August. This represents growth of about 33%, indicating that more value is relying on Chainlink-powered services across decentralized finance and other blockchain applications.LINK has also broken above an important technical resistance, creating a potential path toward $18 if buyers maintain control.Chainlink’s total value secured approaches $57 billionChainlink’s total value secured has recovered steadily since June, climbing by approximately $14 billion in two months.TVS measures the value of assets supported or protected by Chainlink services. Rising TVS can indicate growing demand for the network’s oracle infrastructure, cross-chain communication tools, and asset-verification products.The recovery strengthens the fundamental case for LINK by showing that the network’s usage is improving alongside its token price.However, TVS does not represent revenue or assets directly owned by Chainlink. It measures the value dependent on its infrastructure and should therefore be viewed as an adoption indicator.Continued growth could support LINK’s longer-term outlook, particularly if Chainlink expands further into institutional payments and tokenized assets.Chainlink recently announced a partnership with Bottomline, a payment technology company that facilitates SWIFT transfers for more than 600 banks worldwide.The collaboration is intended to connect Bottomline’s existing offchain payment infrastructure with multiple blockchain networks.This could allow banks and financial institutions already using Bottomline to interact with digital assets without replacing their existing payment systems.Chainlink’s Cross-Chain Interoperability Protocol could provide the communication layer connecting traditional financial infrastructure with public and private blockchains.If successful, the partnership could increase Chainlink’s relevance as banks explore stablecoins, tokenized deposits and blockchain-based settlement.The Wyoming Stable Token Commission has also selected Chainlink to provide reserve verification for the state’s Frontier Stable Token.Chainlink Proof of Reserve will serve as Wyoming’s exclusive onchain asset-verification system for the token. The technology will publish verifiable information showing whether the stablecoin is fully supported by its underlying reserve assets.Proof-of-reserve infrastructure is particularly important for stablecoins because users need confidence that the number of tokens in circulation does not exceed the assets backing them.The Wyoming selection gives Chainlink a government-level use case and could strengthen its position in the U.S. stablecoin market.If other states or jurisdictions adopt similar systems, demand for Chainlink’s verification and interoperability products could increase.LINK breaks above the 200-day EMALINK moved above its 200-day exponential moving average in late August, alongside a broader recovery among altcoins.A sustained move above the 200-day EMA is often interpreted as evidence of improving long-term momentum. It indicates that the current price has risen above its average level over a significant period.The breakout suggests that LINK’s previous bearish cycle may be ending. However, confirmation will depend on the token…

Key takeawaysPi Network is trading above $0.098 after rebounding from the 50-day EMA near $0.094.PI has gained more than 3% this week after advancing 5.2% during the previous week.The Pi Core Team is prioritizing developer tools and documentation to encourage more applications within the ecosystem.Pi Network extended its recovery on Wednesday, trading above $0.098 after finding support near its 50-day exponential moving average earlier this week.PI has gained more than 3% since the start of the week, building on a 5.2% advance during the previous seven-day period.The rebound coincides with a renewed push from the Pi Core Team to strengthen the network’s developer ecosystem. The team argues that better development tools can encourage the creation of more products and services, expanding PI’s practical utility.Technical indicators also show improving momentum. However, the token remains below its 100-day and 200-day moving averages, which continue to limit the broader recovery.Pi Core team prioritizes developer ecosystemThe Pi Core Team said on X that supporting developers is essential to expanding utility at the application level.Developers create the products, services, and digital experiences through which members of the Pi community can use the network. Improving the development environment could therefore help convert Pi’s underlying technology and ecosystem resources into accessible applications.The latest comments follow the introduction of new developer capabilities on September 4.Pi Network also released documentation offering developers clearer guidance on how to build applications for the ecosystem.Together, the updates indicate that the network is placing greater emphasis on application development as a path toward wider utility.The long-term impact will depend on whether these resources attract developers and lead to applications with sustained user activity. Developer tools alone do not guarantee adoption, but they can lower the barriers to building and deploying new products.PI extends two-week recoveryPI traded near $0.098 on Wednesday after buyers defended the 50-day EMA around $0.094. The moving average acted as dynamic support, allowing the token to preserve its short-term recovery. Remaining above this level could encourage buyers to challenge the next significant resistance area.PI’s consecutive weekly gains also suggest that selling pressure is easing. Still, the price remains below the 100-day EMA at $0.106 and the 200-day EMA at $0.143.These higher-timeframe indicators show that the token has not yet completed a broader bullish reversal.A sustained recovery will require PI to reclaim both moving averages and convert them into support.The Relative Strength Index stands near 63, placing it above the neutral midpoint of 50. This indicates that buying momentum has strengthened without reaching the conventional overbought threshold of 70. The reading gives PI some room to extend its recovery before momentum becomes excessively stretched.The Moving Average Convergence Divergence indicator is also mildly positive, reinforcing the improvement in short-term momentum.However, both signals remain constrained by the resistance created by the 100-day and 200-day EMAs. The indicators favor further gains, but price action must confirm the bullish outlook with a breakout above these barriers.The 100-day EMA near $0.106 represents PI’s first major upside target. A decisive close above this level could strengthen the recovery and bring the horizontal resistance at $0.118 into focus.If buyers overcome $0.118, the next significant target would be the 200-day EMA near $0.143. Reclaiming that moving average would provide stronger evidence that PI’s longer-term trend is improving.From the current price near $0.098, reaching $0.106 would require a gain of approximately 8%. An advance toward $0.118 would represent roughly 20% upside.The token will likely require increased trading volume to overcome these resistance levels and sustain the breakout.PI/USD Daily chartOn the downside…

Geely Sweden CEO Per Ansgar joins Concordium Foundation board.Concordium expands focus on verified AI agents and digital payments.Geely and Concordium deepen partnership on autonomous transactions.Concordium Foundation has appointed Per Ansgar, chief executive officer of Geely Sweden Holdings AB, to its board, strengthening the blockchain platform’s relationship with the Geely group as it develops infrastructure for verified digital interactions and autonomous AI agents.The appointment adds more than 26 years of automotive and financial experience to Concordium’s board.Ansgar has held senior roles at Volvo Cars, Polestar and companies within the wider Geely group.His appointment also extends a partnership between Concordium and Geely that began in 2021.Concordium and Geely deepen five-year partnershipThe relationship between Concordium and Geely began with a shared focus on autonomous driving and was formalised in 2022 through a joint venture based in Wuxi, China.The partnership has also explored applications in which vehicles can interact directly with infrastructure and service providers through machine-initiated payments.These applications include connected vehicles potentially settling charging, toll, and service payments without direct intervention from a driver.Concordium is now expanding its focus toward infrastructure for verified digital interactions, including transactions involving AI agents.As software becomes capable of initiating transactions independently, the company is developing systems intended to establish who owns and authorises an AI agent and who is accountable for its actions.Ansgar said vehicles and the software embedded in them are increasingly becoming parties to transactions.He added that trust now requires proof of who authorised a payment and who is responsible for it, describing this as the problem Concordium is addressing.Ansgar brings automotive and financial experienceAnsgar has been CEO of Geely Sweden Holdings since November 2024, having previously served as the company’s chief financial officer.Before joining Geely Sweden Holdings, he spent 26 years at Volvo Cars, where he held positions including deputy CFO and CFO of Volvo Cars China.He later became chief financial officer of Polestar. Ansgar also holds board positions across the Geely group and serves on the nomination committee of Volvo Car AB.His appointment brings senior Geely leadership into Concordium’s governance as the company works on infrastructure that connects verified humans and AI agents to transactions.The Concordium Foundation Board is chaired by founder Lars Seier Christensen.Other members include Ueli Maurer, professor of cryptography at ETH Zurich; Swiss commercial lawyer Simone Monnerat; and digital executive Nibras Stiebar-Bang.Concordium expands AI agent infrastructureConcordium’s focus is increasingly centered on establishing verifiable identities for AI agents that can act autonomously.The company says its infrastructure is designed to allow counterparties to verify that an agent has been authorised by a verified human or organisation.Its Agent Registry went live in May 2026 and has since registered more than 1,600 AI agents, according to the company. Each registered agent is linked to a verified owner and receives a Verified by Concordium Badge.The badge can be used across networks including Ethereum and Solana, allowing AI agents to provide information about their owners without exposing the underlying company documents.Concordium describes itself as an AI infrastructure platform for the agentic economy, built on a regulatory-grade blockchain with identity and trust incorporated into its protocol.Ansgar’s appointment therefore comes as Concordium seeks to extend its earlier automotive-focused relationship with Geely into a broader model in which vehicles, software and AI agents can conduct transactions while remaining connected to identifiable and accountable owners.The post Geely Sweden CEO joins Concordium Board to advance AI Agent trust appeared first on…

Key takeawaysXRP has dipped more than 2% over the past few days. On-chain data shows sell-side dominance in XRP’s market. XRP’s long-to-short ratio of 0.83 and negative funding rate reflect bearish positioning.XRP is approaching critical support at its 200-day EMA near $1.354.Ripple (XRP) remains under pressure on Thursday after falling more than 2% this week. The cryptocurrency is approaching an important support zone that could determine its next directional moves. However, a combination of sell-side activity, cautious on-chain signals, and mixed derivatives positioning suggests that its near-term upside may remain limited.XRP on-chain data tilts bearishCryptoQuant’s market summary indicates a cautious outlook for both altcoins. XRP’s futures market is showing signs of overheating and sell-side dominance, while retail traders account for some of the current activity. Similar overheating conditions are emerging in the spot market, although several other indicators remain neutral.Together, these signals point to cautious and moderately bearish sentiment among XRP traders.Derivatives positioning shows conflicting sentiment between XRP and Stellar traders. XRP’s long-to-short ratio fell to 0.83 on Tuesday, approaching its lowest level in a month. A reading below 1 means short positions outnumber long positions, indicating that more traders expect XRP’s price to decline.The XRP funding rate also turned negative on Wednesday and stood at -0.0012% on Thursday. Negative funding means traders holding short positions are paying those with long positions, reinforcing the bearish tone surrounding the token.XRP approaches the critical 200-day EMAXRP traded around $1.392 on Thursday after declining more than 2% this week. Despite the pullback, the token remains above its 50-day, 100-day, and 200-day exponential moving averages. These indicators are clustered between approximately $1.244 and $1.354, maintaining XRP’s constructive underlying structure while they continue to hold.The Relative Strength Index sits in the mid-50s, indicating that bullish momentum has moderated without completely disappearing. Meanwhile, the Moving Average Convergence Divergence line remains below zero, signaling weakening upside momentum.XRP/USD Daily chartXRP’s first major support is the 200-day EMA near $1.354. A break below this level could expose the horizontal support at $1.300, followed by the 50-day and 100-day EMAs. The next significant downside target would sit around $1.000.On the upside, XRP faces major resistance near $1.900. A daily close above this level would be required to restore stronger bullish momentum and support a more substantial price recovery.Until that happens, weakening derivatives demand and fading momentum could keep XRP under pressure near its moving-average support zone.The post XRP slide as bearish derivatives data limits recovery appeared first on CoinJournal.

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Key takeawaysPEPE trades near $0.00000348 after rejection at its 200-day EMA.Whales holding 10 million to 100 million PEPE have sold 80 billion tokens since August 25.A break below $0.00000313 could trigger a correction toward $0.00000230.Pepe (PEPE) remained under pressure on Thursday, trading near $0.00000348 after failing to overcome a crucial resistance level.On-chain data shows that large holders have been reducing their positions, potentially increasing near-term selling pressure. Meanwhile, conflicting derivatives signals and weakening technical momentum leave PEPE exposed to a deeper price correction.PEPE whales take profits after August rallySantiment’s Supply Distribution data shows that some of PEPE’s largest holders have been selling tokens following the meme coin’s strong gains in mid-August.Wallets holding between 10 million and 100 million PEPE have collectively offloaded approximately 80 billion tokens since August 25. This substantial distribution suggests that larger investors are taking profits after the recent rally.Over the same period, smaller and mid-sized wallets holding between 100,000 and 10 million PEPE accumulated a combined 5.06 billion tokens.However, buying from these smaller investors represents only a fraction of the amount sold by whales. The imbalance could limit PEPE’s recovery and maintain downward pressure in the short term.PEPE’s derivatives market presents a mixed outlook. The token’s long-to-short ratio stood at 1.05 on Thursday, close to its highest level in more than a month. A reading above 1 indicates that long positions outnumber shorts, suggesting that slightly more traders expect PEPE to rally.However, funding-rate data points to a more cautious market. PEPE’s open-interest-weighted funding rate turned negative on Wednesday and fell to -0.0067% on Thursday.A negative funding rate means short-position holders are paying traders with long positions. This typically reflects stronger bearish positioning and contradicts the optimism shown by the long-to-short ratio.PEPE rejected at 200-day EMA resistancePEPE traded around $0.00000348 on Thursday after facing rejection at its 200-day exponential moving average near $0.00000364 during the previous session.The failed breakout highlights the 200-day EMA as an important barrier that bulls must overcome to regain control.Momentum indicators also show that buying pressure is weakening. The Relative Strength Index is moving lower toward the neutral level of 50, suggesting the earlier bullish momentum is fading.The Moving Average Convergence Divergence indicator produced a bearish crossover last week, which remains in place and reinforces the risk of further losses.PEPE/USD Daily ChartPEPE’s 50-day and 100-day EMAs provide an initial support zone near $0.00000320. The next important horizontal support sits around $0.00000313.A daily close below this area could confirm a deeper correction and expose PEPE to its next major support near $0.00000230. Such a move would represent a decline of approximately 34% from its current price.Conversely, PEPE must close above the 200-day EMA at $0.00000364 to weaken the bearish outlook. A successful breakout could open the door to a recovery toward the next daily resistance at approximately $0.00000442.The post PEPE risks a deeper correction as whales sell 80 billion tokens appeared first on CoinJournal.

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REAL Finance’s $ASSET white paper is now listed in ESMA’s MiCA register.ESMA listing gives $ASSET a standardised disclosure reference across Europe.REAL Finance targets over €3.5 billon in tokenised assets across Europe.Real Technologies Inc., issuer of the $ASSET token used by the REAL Finance network, has had its crypto-asset white paper listed in the European Securities and Markets Authority’s Interim MiCA Register, giving the project a centralised disclosure reference under the European Union’s crypto rules.The entry sits in the register for crypto-assets other than asset-referenced tokens and e-money tokens, which falls under Title II of MiCA.ESMA stresses that white papers appearing in the register have not been reviewed or approved by an EU competent authority, leaving responsibility for their contents with the issuer.MiCA listing adds a regulatory referenceFor REAL Finance, the listing creates a common disclosure point that exchanges, institutions and other counterparties can consult when assessing $ASSET across European Economic Area markets.The move follows the token’s listing on Kraken, where trading went live on April 30. REAL Finance says $ASSET has also traded on KuCoin and MEXC since April.“Being listed in ESMA’s Interim MiCA Register gives institutions and exchanges a single, transparent reference for evaluating $ASSET instead of thirty separate national processes. It’s a foundational step for how we want to operate in Europe,” said Ivo Grigorov, CEO of REAL Finance.The company said the notification addresses a different layer from exchange access, providing standardised regulatory disclosure rather than guaranteeing that any platform will list or continue supporting the token.REAL Finance pushes deeper into tokenised assetsREAL Finance is positioning the network around the tokenisation of real-world financial assets, an area attracting growing attention from banks, asset managers and regulators.The company says it aims to tokenise more than €3.5 billion of assets through its European ecosystem and is working with regulated partners, including Austria’s Wiener Privatbank, on custody and structuring.The MiCA register entry does not amount to regulatory approval of $ASSET. ESMA explicitly states that white papers in the register are not reviewed or endorsed by competent authorities.Real Technologies also said individual trading venues retain discretion over listing decisions.That distinction is important as MiCA brings more standardised disclosure to Europe’s crypto market without turning white-paper publication into an official investment endorsement.The post REAL Finance’s $ASSET joins ESMA’s Interim MiCA Register as Europe push deepens appeared first on CoinJournal.

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Key takeawaysEthereum fell 0.7% as annual US producer inflation accelerated to 5.4%.Polymarket traders assigned a 62% probability to a rate hike at the next Fed meeting.ETH is testing support at $2,431 and $2,405, with resistance near $2,545.Ethereum (ETH) traded 0.7% lower on Friday as it attempted to recover from selling pressure triggered by stronger US producer inflation data.The hotter annual inflation reading increased expectations of tighter Federal Reserve policy, creating a challenging environment for risk assets. Although Ethereum remains above its major moving averages, retail selling, hesitant derivatives traders, and slowing institutional demand could limit its near-term recovery.US producer inflation rises to 5.4%The US Producer Price Index for final demand increased 0.4% in August, matching market expectations after a revised 0.1% gain in July.On an annual basis, producer inflation accelerated to 5.4% from 4.8%. Energy prices contributed significantly to the increase, rising 4.2% amid higher oil prices. Core producer prices, which exclude food and energy, also advanced 0.4% during the month.The data preceded Friday’s Consumer Price Index report, another potential catalyst for expectations surrounding the Federal Reserve’s September 15–16 meeting.Prediction-market data from Polymarket showed traders assigning a 62% probability to an interest-rate increase at the Fed’s next meeting. The estimated likelihood of a hike by October stood at 71%.Markets also increasingly expect Fed Chair Kevin Warsh to begin his tenure with a rate increase, marking a sharp shift from earlier policy expectations.Higher rates could pressure Ethereum by tightening financial conditions and increasing the appeal of interest-bearing assets. They could also discourage the leveraged trading and speculative activity that often support cryptocurrency rallies.Despite the difficult macroeconomic backdrop, US spot Ethereum exchange-traded funds registered $34.75 million in net inflows on Wednesday.The positive result offset the $24 million withdrawn on Tuesday and indicated that some institutional investors continued accumulating ETH during its two-week consolidation.However, weekly ETF demand has slowed. The products attracted $218.4 million last week, down sharply from the yearly high of $824 million recorded during the preceding week.This slowdown suggests institutional interest remains positive but has lost momentum.Retail investors sold a combined 307,000 ETH last week, significantly exceeding the 82,000 ETH accumulated by whales.The imbalance shows that smaller holders have taken a more cautious approach following Ethereum’s recovery in late August. Persistent retail distribution could increase the available supply and limit attempts to push the price higher.Ethereum’s price has also risen faster than futures open interest. The divergence suggests leveraged long traders remain reluctant to commit substantial fresh capital to the recovery.Ethereum tests 20-day EMA and $2,431 supportEthereum is testing horizontal support near $2,431 and its 20-day exponential moving average around $2,405.Despite the pullback, ETH remains comfortably above its 50-, 100-, and 200-day EMAs, which are clustered between approximately $2,223 and $2,256. This positioning keeps the broader uptrend intact.The Relative Strength Index stands near 59, maintaining a modest bullish tilt while showing that momentum has cooled. The Stochastic Oscillator is also moving toward its midpoint, indicating moderation rather than a confirmed bearish reversal.ETH/USD Daily ChartIf Ethereum rebounds, its first major resistance sits near $2,545. A decisive close above this level could expose the next barriers at $2,626 and $2,787.On the downside, losing $2,405 and $2,431 would shift attention to the moving-average support cluster between $2,223 and $2,256. Further support lies at $2,172, followed by the broader trend floors at $1,961 and $1,810.A sequence of daily closes above the overhead resistance levels would restore stronger bullish…

Key takeawaysDogecoin is attempting to recover after two consecutive sessions of roughly 3% losses.Bitwise will end trading in its BWOW Dogecoin ETF on October 14.A break below $0.0801 could send DOGE toward $0.0745 and potentially $0.0673.Dogecoin must reclaim the $0.0845–$0.0904 resistance region to improve its outlook.Dogecoin (DOGE) edged higher on Friday following two consecutive sessions of losses of approximately 3%.Despite the modest recovery, DOGE retains a bearish near-term outlook as institutional demand weakens and momentum indicators point to sustained selling pressure. The $0.0800 region is now critical, with a breakdown potentially exposing the meme coin to significantly lower support levels.Bitwise announces closure of Dogecoin ETFBitwise announced Thursday that it will liquidate its Dogecoin exchange-traded fund, BWOW, as part of an effort to streamline its product lineup and respond to changing investor demand.The fund’s final trading day is scheduled for October 14, after which it will cease operations and begin converting its DOGE holdings into cash.Bitwise expects to complete the liquidation on October 22 and distribute the remaining cash to shareholders.BWOW held approximately $687,730 in net assets as of Thursday, according to SoSoValue.The conversion of its holdings during the liquidation process could add modest selling pressure to Dogecoin, although the fund is considerably smaller than other DOGE-focused investment products.Grayscale’s GDOG ETF holds approximately $8.61 million, while the 21Shares TDOG fund manages around $2.53 million.The difference highlights BWOW’s relatively limited scale and may explain Bitwise’s decision to remove the fund from its product range.Dogecoin trades below key moving averagesDogecoin traded slightly above $0.0800 at the time of writing on Friday but remained below several important technical indicators.DOGE sits beneath its 100-period EMA at $0.0857 and its 50-period EMA at $0.0870 on the four-hour chart. Trading below both indicators reinforces the token’s bearish short-term structure.The meme coin is also testing its 200-period EMA near $0.0827, which currently acts as immediate dynamic support.A confirmed move below the 200-period EMA could push Dogecoin toward the recent low at $0.0801.If buyers fail to defend that psychological support zone, the next downside target would be the 127.2% Fibonacci extension at $0.0745. A more substantial correction could bring the 161.8% extension near $0.0673 into focus.A decline from $0.0801 to $0.0673 would represent a drop of approximately 16%.Dogecoin’s Relative Strength Index stands near 35 on the four-hour chart, placing it just above oversold territory.The low reading reflects significant bearish momentum but also suggests that selling may be approaching exhaustion. Still, the indicator has not produced a confirmed reversal signal.DOGE/USD Daily ChartThe Moving Average Convergence Divergence indicator continues to decline below its zero line, reinforcing the view that downside pressure remains dominant.For Dogecoin to begin a meaningful recovery, it must first break above the 78.6% Fibonacci retracement at $0.0845.The next resistance levels sit at the 100-period EMA near $0.0857 and the 50-period EMA at $0.0870. A stronger barrier awaits around $0.0904, which aligns with the 50% Fibonacci retracement.A sustained close above $0.0904 would weaken the bearish outlook. Until then, DOGE remains vulnerable to a breakdown below $0.0800.The post Dogecoin risks breakdown below $0.08 as Bitwise shuts DOGE ETF appeared first on CoinJournal.

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Key takeawaysCardano trades near $0.207 after falling more than 8% during the previous week.ADA’s long-to-short ratio of 0.88 indicates bearish positioning among derivatives traders.The funding rate turned positive at 0.0052%, showing a mild bullish bias despite the elevated short positioning.ADA must hold the $0.199-to-$0.200 support zone to avoid a decline toward $0.195, $0.173, or $0.150.Cardano (ADA) traded near the critical $0.200 support zone on Monday after declining more than 8% during the previous week.Although ADA remains above two important short-term moving averages, mixed derivatives data and sell-side pressure from large traders suggest that recovery attempts could encounter resistance at higher levels.ADA long-to-short ratio signals bearish sentimentCardano’s derivatives indicators present a cautious and somewhat conflicting outlook.CoinGlass data shows ADA’s long-to-short ratio at 0.91, close to its lowest level in a month. A reading below one indicates that traders hold more short positions than long positions, reflecting expectations of further price weakness.However, Cardano’s funding rate turned positive on Monday, reaching 0.0052%. Positive funding means long-position holders are paying shorts, suggesting that some traders are positioning for a price recovery.The contrast between the bearish long-to-short ratio and positive funding rate points to uncertainty rather than a clear directional consensus.CryptoQuant’s market summary also signals caution. Large whale orders are appearing in ADA’s futures market, but sell-side activity remains dominant. Both spot and futures markets are also showing signs of increased trading activity or “heating,” while several other indicators remain neutral.Together, these factors suggest volatility could rise around the current support area. However, the dominance of large sell orders leaves Cardano exposed to further downside if buyers fail to defend $0.200.Cardano holds above key moving averagesADA traded at approximately $0.207 on Monday, remaining slightly above its 50-day exponential moving average at $0.199 and its 100-day EMA at $0.200.Holding above these indicators gives Cardano’s short-term technical structure a mildly constructive tone despite the broader downward trend.The Relative Strength Index stands at 50, indicating balanced momentum and consolidation. Meanwhile, the Moving Average Convergence Divergence indicator remains slightly negative, showing that bullish momentum has not yet strengthened enough to confirm a recovery.ADA/USD Daily ChartCardano’s immediate resistance sits at the 50% Fibonacci retracement level of $0.213. A move above that level could allow ADA to test the 61.8% retracement at $0.231.Additional barriers are located at $0.236, the 200-day EMA near $0.240 and the horizontal resistance level at $0.245. ADA would need to break decisively through this cluster to improve its medium-term outlook.A sustained move above $0.245 could bring the more distant $0.299 resistance level into focus.Conversely, losing the 50-day and 100-day EMAs near $0.200 would expose the 38.2% Fibonacci retracement at $0.195. A deeper correction could then target the structural support levels at $0.173 and $0.150.The post Cardano holds $0.20 support as bearish derivatives signals limit recovery appeared first on CoinJournal.

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Key takeawaysPi Network traded above $0.097 on Monday after recording gains for two consecutive weeks.The Pi Core Team released SoloHost updates and Pi Desktop version 0.6.3 to improve reliability, app discovery, and developer tools.PI remains above its 50-day EMA at $0.094, while the RSI near 60 signals improving bullish momentum.Pi Network (PI) extended its recovery on Monday, trading above $0.097 following two consecutive weeks of gains.New ecosystem updates and improved developer tools are strengthening the network’s utility. However, PI continues to trade below major long-term exponential moving averages, leaving its broader technical outlook bearish despite improving momentum.Pi Network releases SoloHost and Desktop updatesThe Pi Core Team recently released updates for SoloHost alongside version 0.6.3 of Pi Desktop.SoloHost updates have been released alongside Pi Desktop version 0.6.3! This improves app discovery, reliability, and developer tools.Pioneers can more easily discover actively used SoloHost apps. Reliability improvements and developer resources, such as AI agents… pic.twitter.com/67SXkf4CMp— Pi Network (@PiCoreTeam) September 10, 2026According to the project, the updates improve application discovery, platform reliability, and the tools available to developers building within the Pi Network ecosystem.Continued development could support greater application activity and expand PI’s utility. These improvements have accompanied the token’s recent recovery, with PI gaining 1.68% last week before extending its advance on Monday.However, ecosystem developments will need to translate into sustained user activity and demand for the token to support a stronger long-term recovery.PI holds above the 50-Day EMAPi Network traded near $0.097 on Monday, remaining slightly above its 50-day exponential moving average at $0.094.Holding above this indicator gives PI’s short-term outlook a mildly bullish tone. The Relative Strength Index stands near 60, indicating that buying momentum is improving without reaching overbought territory.The Moving Average Convergence Divergence indicator is also marginally positive, supporting the possibility of further short-term gains.Nevertheless, the recovery remains tentative because PI continues to trade below its 100-day and 200-day EMAs. These indicators currently stand near $0.105 and $0.138, respectively, preserving the token’s broader bearish structure.PI’s first major resistance is located at the 100-day EMA near $0.105. A sustained break above this level could strengthen the recovery and open the way toward the horizontal resistance at $0.118.PI/USD Daily ChartBeyond that, the 200-day EMA near $0.138 represents a more substantial obstacle. Reclaiming this indicator would be necessary to improve PI’s medium- to long-term technical outlook.Failure to overcome the $0.105 resistance could leave the token consolidating around its current level or expose it to renewed selling pressure.Immediate support sits at the 50-day EMA near $0.094. Holding this level would preserve PI’s improving short-term structure and allow buyers another opportunity to challenge overhead resistance.A decisive decline below $0.094 could weaken the recovery and bring the horizontal support at $0.075 into focus.If selling pressure intensifies, PI could revisit the former trendline-break area near $0.045, which represents a deeper structural support level.The post Pi Network extends recovery above $0.097 as ecosystem utility grows appeared first on CoinJournal.

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Key takeawaysBitcoin’s four-hour chart is forming a potential rounded-top pattern after its rally from $63,000.The $76,000–$76,300 region serves as the pattern’s critical neckline and support zone.A decisive breakdown could produce a technical downside target near $70,900–$71,000.Bitcoin could decline toward $71,000 if a potential rounded-top pattern on its four-hour chart confirms with a decisive breakdown below the $76,000 support level.BTC rallied from approximately $63,000 in mid-August before reaching the $80,000–$81,500 region. However, bullish momentum has since weakened, with the price gradually curving lower and forming the dome-like structure associated with a rounded top.Weak spot-market demand is adding to the bearish risk, even as demand for Bitcoin perpetual futures remains positive.Bitcoin rounded top places $71,000 in focusBitcoin’s potential rounded top has developed following its strong recovery from the August lows.The cryptocurrency was trading near $76,870 on Monday, September 15, holding above an important support zone between $76,000 and $76,300. This area effectively represents the neckline of the bearish chart formation.A decisive four-hour candle close below the zone could confirm the pattern and increase the probability of a deeper correction.The distance between the pattern’s peak and neckline is approximately $5,000 to $5,300. Subtracting this range from a possible breakdown near $76,000 produces a downside target between $70,900 and $71,000.Technical indicators show market indecisionBitcoin’s four-hour Relative Strength Index stood near 54.5, reflecting broadly neutral momentum rather than strongly overbought or oversold conditions.BTC was also trading around its 20-period, 50-period, and 100-period exponential moving averages. The clustering of these indicators highlights the continuing struggle between buyers and sellers.A sustained recovery above the $79,500–$80,000 range would weaken the rounded-top scenario. A breakout above the recent highs near $81,500 would largely invalidate the bearish formation and restore the case for further gains. Until then, the $76,000 support remains the most important level to monitor.Bitcoin’s underlying demand profile provides limited support for the bullish outlook. CryptoQuant’s 30-day demand-growth data shows that demand in the perpetual futures market remained positive during September. Spot demand, however, stayed negative.BTC/USD Daily ChartConsequently, Bitcoin’s overall demand remained below zero despite continued activity from derivatives traders.The divergence suggests that leveraged futures positions are driving much of the recent buying pressure rather than investors accumulating BTC directly through the spot market.Futures-led demand makes BTC vulnerableA rally driven primarily by derivatives can be more fragile than one supported by strong spot buying.Futures demand can disappear quickly when traders close leveraged positions or face liquidations during a price decline. This can accelerate selling and increase volatility if Bitcoin breaks below an important support level.A somewhat similar divergence developed in January and February 2026, when futures demand briefly recovered before overall demand and Bitcoin’s price weakened.The current structure does not guarantee the same result. However, without a recovery in spot demand, a confirmed breakdown below $76,000 would make the rounded-top target near $71,000 increasingly relevant.The post Bitcoin risks drop to $71k as rounded-top pattern takes shape appeared first on CoinJournal.

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Key takeawaysDogecoin is trading near $0.083 after finding support around its key moving averages.Spot DOGE ETF activity remains quiet, signaling weak institutional conviction.DOGE’s long-to-short ratio has fallen to a one-month low of 0.66, reflecting bearish positioning.Positive funding of 0.0010% provides a modest bullish signal but does not eliminate downside risks.Dogecoin (DOGE) traded below $0.083 on Tuesday after finding support around a crucial technical zone during the previous session.The meme coin remains above its 50-day and 100-day exponential moving averages, providing a foundation for a potential recovery. However, subdued institutional demand, bearish long-to-short positioning, and cautious on-chain signals indicate that buyers have yet to regain strong conviction.DOGE is now at a make-or-break level. Holding above its nearby moving averages could support another advance, while a breakdown may expose the token to a deeper correction.Dogecoin ETF demand remains subduedSoSoValue data shows that US spot Dogecoin exchange-traded funds have recorded little activity since last week.The lack of meaningful inflows suggests institutional investors remain hesitant to increase exposure despite DOGE’s recovery from approximately $0.070.Continued stagnation would deprive the token of an important source of demand. If ETF flows turn negative, selling pressure could increase and undermine Dogecoin’s attempt to establish a short-term bottom.Dogecoin’s derivatives market offers conflicting indications about trader sentiment. CoinGlass data shows that DOGE’s long-to-short ratio fell to 0.84 on Tuesday, its lowest level in more than a month. A reading below 1 means short positions outnumber longs, indicating that more traders expect the price to decline.Funding rates paint a slightly more optimistic picture. Dogecoin’s open interest-weighted funding rate turned positive on September 9 and stood at 0.0010% on Tuesday.A positive funding rate means long-position holders are paying short sellers, reflecting some demand for bullish leveraged positions. However, the rate remains modest and does not fully offset the bearish message from the long-to-short ratio.CryptoQuant’s market summary also points to a mildly bearish outlook. Large whale orders are appearing in Dogecoin’s futures market, but sell-side activity remains dominant. Spot-market conditions are heating up, while several other indicators remain neutral.Together, these readings suggest that larger traders are active but are not necessarily accumulating DOGE aggressively. The market remains vulnerable to further weakness unless buying pressure strengthens.DOGE holds above short-term moving averagesDogecoin is trading above its 50-day EMA at $0.081 and its 100-day EMA at $0.082. This cluster forms the token’s immediate support zone.However, DOGE remains below the 200-day EMA at $0.092, keeping its broader technical structure neutral to bearish.The Relative Strength Index sits near 47, indicating balanced momentum between buyers and sellers. Meanwhile, the Moving Average Convergence Divergence line remains slightly below zero, showing that bullish momentum is still limited.DOGE/USD Daily ChartDOGE’s first notable resistance sits near $0.088. A breakout above that level could allow buyers to challenge the 200-day EMA at $0.092. If that barrier is cleared, the next significant supply zone would emerge around $0.102.On the downside, losing the $0.081–$0.082 EMA cluster would weaken the short-term recovery. The next major support lies at $0.070, and a daily close below that level could trigger a more substantial retracement.The post Dogecoin dips below $0.083 as weak ETF demand and bearish positioning limit recovery appeared first on CoinJournal.

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Key takeawaysBitcoin traded near $75,950 after falling more than 1% on Tuesday.Ethereum and XRP declined more than 4% and 9%, respectively.BTC remains above its 50-day, 100-day, and 200-day EMAs.Bitcoin (BTC) traded near $75,950 on Wednesday after declining more than 3% during the previous session as the CLARITY Act failed to advance in the US Senate.Ethereum and XRP suffered steeper losses, falling more than 4% and 9%, respectively. Despite the market-wide pullback, Bitcoin remains above its major exponential moving averages, preserving its broader bullish structure.Traders now await the Federal Reserve’s interest-rate decision and Chair Kevin Warsh’s forward guidance, which could determine the cryptocurrency market’s next major move.CLARITY Act failure pressures crypto pricesThe cryptocurrency market weakened on Tuesday after the CLARITY Act failed to secure sufficient support to advance in the Senate.The setback reduced expectations that Congress would soon establish a comprehensive regulatory framework for the US digital-asset market. Bitcoin fell more than 3%, while greater selling pressure across altcoins pushed Ethereum and XRP sharply lower.Prices stabilized on Wednesday, but uncertainty surrounding US monetary policy kept buyers cautious.The Federal Reserve’s rate decision and subsequent guidance could influence liquidity expectations, Treasury yields, and demand for risk assets. A more restrictive outlook could extend the crypto market’s correction, while a less hawkish message may support a recovery.Bitcoin maintains bullish EMA structureBitcoin continues to trade above its 50-day, 100-day, and 200-day exponential moving averages, which are clustered between approximately $71,400 and $73,600.The 50-day EMA stands at $73,581, while the 200-day EMA is positioned slightly lower at $73,108. The 100-day EMA provides additional support at $71,391.This configuration remains constructive because BTC is trading above all three averages and the shorter-term 50-day EMA remains above the longer-term indicators.However, Bitcoin must defend this support cluster to prevent the recent pullback from developing into a deeper correction.Bitcoin’s Relative Strength Index has slipped to approximately 49, placing it near neutral territory.The reading indicates that neither buyers nor sellers have established strong momentum. However, the decline from higher levels shows that bullish demand has weakened following Tuesday’s sell-off.The Moving Average Convergence Divergence indicator remains negative and below the zero line. This suggests that Bitcoin’s broader bullish structure is still intact, but short-term momentum currently favors consolidation or further downside.BTC/USD Daily ChartThe 50-day EMA at $73,581 represents Bitcoin’s first important support level. If sellers push BTC below that level, the 200-day EMA at $73,108 could provide the next line of defense. A deeper correction would place the 100-day EMA at $71,391 in focus.Failure to hold the entire moving-average cluster could expose the lower horizontal support levels at $66,500 and $62,300.On the upside, Bitcoin faces significant resistance near $85,000. A sustained recovery above that barrier would signal renewed bullish strength and potentially restart the broader uptrend.The post Bitcoin holds above key moving averages despite CLARITY Act sell-off appeared first on CoinJournal.

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Key takeawaysETH traded near 0.03167 BTC as its performance against Bitcoin weakened.A potential double top has formed with two peaks around 0.03344 BTC.A close below the 0.03078 BTC neckline could trigger a 10% decline toward 0.0283 BTC.Ethereum is showing signs of further underperformance against Bitcoin as a potential double-top pattern develops on the ETH/BTC daily chart.Ether traded near 0.03167 BTC on September 16 after failing to sustain its latest advance. Weakening momentum, growing regulatory uncertainty, and a sharp increase in ETH deposits to Binance support a cautious near-term outlook.A confirmed breakdown below 0.03078 BTC could send the pair approximately 10% lower toward 0.0283 BTC.ETH/BTC double top signals potential declineThe ETH/BTC chart has formed two comparable peaks near 0.03344 BTC, with the first appearing in August and the second in September.This structure resembles a double top, a bearish reversal pattern that develops when buyers repeatedly fail to break through the same resistance level.The pattern’s neckline sits near 0.03078 BTC. Ethereum would need to record a decisive daily close below this level to confirm the bearish setup.Subtracting the pattern’s height from the neckline produces a downside target around 0.0283 BTC. Reaching that level would represent an approximately 10% decline from Ether’s current value against Bitcoin.Ethereum momentum weakensThe ETH/BTC Relative Strength Index has fallen toward 50 after previously moving above the overbought threshold of 70.Although the RSI remains slightly above neutral, its retreat indicates that the momentum supporting Ethereum’s August-to-September recovery is fading.Ether is still holding marginally above its 20-day exponential moving average at approximately 0.03162 BTC. A strong rebound from this moving average could delay or prevent the bearish breakdown.A sustained move above the two peaks at 0.03344 BTC would invalidate the double-top scenario and restore a more bullish relative outlook for ETH.The bearish technical setup emerged as the US Senate failed to advance the Digital Asset Market Clarity Act on September 15.The procedural vote received 50 votes in favor and 49 against but fell short of the 60 votes required to move the legislation forward. A procedural vote change by Senator Thom Tillis preserves the possibility of reconsidering the measure.The setback triggered a wider cryptocurrency sell-off. Bitcoin declined approximately 4% to around $75,900, while shares of major crypto companies, including Coinbase and Circle, also fell.Regulatory uncertainty can encourage traders to favor Bitcoin over more risk-sensitive assets such as Ethereum. This could increase pressure on the ETH/BTC pair and bring the 0.03078 BTC neckline back into focus.Binance receives 709,400 ETH in one dayEthereum deposits to Binance have also increased sharply, creating another potential source of selling pressure.Approximately 709,400 ETH moved onto the exchange on September 11, marking the highest daily inflow since June, according to CryptoQuant. Several recent sessions also recorded inflows exceeding 500,000 ETH, considerably above typical July and August levels.Rising exchange inflows increase the amount of ETH immediately available for trading. Although transfers to exchanges do not necessarily mean holders intend to sell, unusually large deposits can precede higher market supply and increased volatility.ETH/USD Daily ChartThe elevated inflows reinforce the cautious outlook created by Ethereum’s weakening relative momentum and the CLARITY Act setback.ETH/BTC bulls must defend 0.03078The bearish scenario depends on ETH/BTC closing decisively below the 0.03078 BTC neckline. Confirmation could open the path toward the measured target of 0.0283 BTC.However, support from the 20-day EMA near 0.03162 BTC could allow Ether to rebound. A break above 0.03344 BTC would invalidate the double top and signal renewed Ethereum strength against Bitcoin.The post Ethereum risks 10% drop against Bitcoin as double-top pattern…

Key takeawaysEthereum gained 1.7% and reclaimed the important $2,431 level.US spot Ethereum ETFs lost $365.5 million across Tuesday and Wednesday.A break above $2,544 could target $2,626, while major support sits near $2,269–$2,282.Ethereum (ETH) gained 1.7% over 24 hours and reclaimed $2,431 despite the Federal Reserve’s first interest-rate increase in three years and the CLARITY Act’s failure to advance in the US Senate.Exchange outflows, renewed buy-side activity in perpetual futures and short liquidations suggest that crypto-native traders are buying the pullback. However, continued outflows from US spot Ethereum exchange-traded funds indicate that institutional demand remains weak.Ethereum holds above $2,400 after Fed rate hikeThe Federal Reserve raised its benchmark interest-rate range by 25 basis points to 3.75%–4% on Wednesday.The unanimous 12–0 decision was widely anticipated, with markets assigning a probability above 90% to the increase before the meeting. Most Fed officials also expect another rate hike before the end of 2026.Higher interest rates generally pressure cryptocurrencies by raising borrowing costs and increasing the appeal of yield-bearing assets. However, Ethereum remained above $2,400, suggesting that traders had largely priced in the decision.The CLARITY Act’s failure to secure the 60 Senate votes required to invoke cloture also produced only a temporary decline before buyers returned.More than 152,000 ETH left cryptocurrency exchanges on Tuesday, marking the largest daily net outflow since June, according to CryptoQuant.Inflows briefly exceeded withdrawals on Wednesday, but the metric subsequently returned to net outflows.Large exchange withdrawals can suggest that investors are moving ETH into private wallets rather than preparing to sell it. They also reduce the supply immediately available for trading, potentially supporting prices if demand remains steady.However, exchange flows can reflect transfers between custodians and do not always represent outright buying.Ethereum’s taker buy-sell ratio has returned to buy-side territory after briefly signaling stronger selling on Tuesday.The ratio compares market-buying volume with market-selling volume in perpetual futures. A reading above one indicates that buyers using market orders are more aggressive than sellers.Liquidation data also points to improving sentiment. Ethereum recorded $221 million in liquidations on Tuesday, with long positions accounting for 88% of the total.Over the subsequent 24 hours, liquidations declined to $87.6 million. Short positions accounted for $45.4 million, suggesting that rising prices forced some bearish traders out of the market.Open interest remained close to 13 million ETH across two days, while funding rates returned to positive territory after briefly becoming negative.Institutional flows present a less constructive picture. US spot Ethereum ETFs recorded $224.1 million in net outflows on Wednesday, following $141.4 million in withdrawals on Tuesday, according to SoSoValue.The products therefore lost a combined $365.5 million across two sessions. Continued ETF selling contrasts with the accumulation signals visible on cryptocurrency exchanges and in derivatives markets. This divergence suggests crypto-native buyers may be absorbing the decline while traditional investment vehicles face redemptions.ETH reclaims the 20-Day EMAEthereum has recovered above the $2,431 horizontal level and its 20-day exponential moving average, both of which provided important support during the past month.Momentum indicators remain neutral. The Relative Strength Index stands at 53, while the Stochastic oscillator is near 26. These readings suggest consolidation rather than overbought conditions.ETH/USD Daily ChartImmediate resistance sits at $2,544. A sustained breakout could allow ETH to target $2,626 and then $2,786.If Ethereum loses $2,431, the 50-day EMA at $2,282 and the 200-day EMA at $2,269 form the next major support zone. Lower levels include $2,172, the 100-day EMA at $2…

Key takeawaysXRP’s long-to-short ratio stands at a bullish 1.06 as funding rates turn negative. XRP holds above its 50-day and 100-day EMAs at $1.284 and $1.255.A daily close above the 200-day EMA at $1.353 could place $1.90 in focus.XRP extended its recoveries on Thursday after finding support at important technical levels. However, conflicting funding rates, long-to-short positioning, and on-chain signals indicate that traders remain uncertain about whether the rebounds can continue.XRP traded near $1.30 while holding above its 50-day and 100-day exponential moving averages. A close above the 200-day EMA at $1.353 is required to strengthen its recovery.XRP traders show mixed positioningXRP’s long-to-short ratio rose to 1.06 on Thursday, approaching its highest level in more than a month, according to CoinGlass.A ratio above one means traders hold more long positions than shorts, signaling a moderately bullish positioning bias.Funding rates complicate the derivatives outlook for both tokens. XRP’s funding rate turned negative on Wednesday and stood at -0.0040% on Thursday. Negative funding means short-position holders are paying longs, indicating that bearish positioning has become more aggressive.This conflicts with XRP’s bullish long-to-short ratio and highlights the lack of consensus among futures traders.CryptoQuant’s summary indicators point to cautious conditions across XRP’s spot and futures markets.XRP is showing signs of overheating, while its futures market reflects sell-side dominance. Increased activity from retail traders could also introduce additional volatility if leveraged positions become crowded.Taken together, the metrics suggest that XRP has not attracted enough consistent demand to confirm a sustained recovery.XRP holds above the $1.25–$1.28 support zoneXRP traded near $1.30 on Thursday, maintaining a neutral and range-bound technical structure. The token remains slightly above its 50-day EMA at $1.284 and its 100-day EMA at $1.255. These moving averages create a broader demand zone between approximately $1.25 and $1.28.The Relative Strength Index stands near 46, signaling neutral-to-weak momentum. Meanwhile, the Moving Average Convergence Divergence indicator remains below zero, showing that bullish pressure has yet to recover fully.XRP/USD Daily ChartA break below the moving-average support cluster could expose the psychological $1 level.The 200-day EMA at $1.353 represents XRP’s most important near-term resistance. A daily close above this level would improve the technical outlook and could open a path toward the next major horizontal resistance near $1.90.Failure to clear $1.353 would keep XRP trapped within its current range and leave the $1.30 area vulnerable to another pullback.The post XRP recovers but weak derivatives data limits bullish conviction appeared first on CoinJournal.

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