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Key takeawaysCardano trades below $0.22 after failing to sustain a move above its 50-day EMA.ADA’s long-to-short ratio stands at 0.79, approaching its lowest reading in more than a month.Negative funding rates indicate increased demand for bearish derivatives exposure.Cardano recovery stalls below key moving averageCardano remained under pressure on Thursday, trading below $0.220 after buyers failed to sustain the previous day’s recovery above the 50-day Exponential Moving Average.The rejection leaves ADA below its 50-day and 200-day EMAs, maintaining a bearish near-term outlook. Price is now hovering just above the 100-day EMA around $0.220, placing immediate support within reach.Weak derivatives positioning and subdued momentum suggest buyers have yet to establish enough strength to reverse the corrective trend.CoinGlass data showed Cardano’s long-to-short ratio at 0.96 on Thursday, nearing its lowest level in more than a month.The reading indicates a greater share of short positioning among the accounts measured, reflecting caution about ADA’s recovery prospects.Funding rates reinforced that picture. Cardano’s rate turned negative on Wednesday and stood at -0.0025% on Thursday, meaning short-position holders were paying longs.Together, the readings point to a bearish tilt in derivatives positioning. They do not guarantee further losses, but they provide little confirmation of renewed bullish conviction.CryptoQuant’s summary data also indicated selling pressure across Cardano markets. The platform identified large whale orders and heating conditions in futures trading, alongside sell-side dominance in both spot and futures markets.Large orders alone do not establish direction. However, their presence alongside stronger selling activity adds to the cautious backdrop as ADA struggles beneath overhead resistance.A stronger recovery would require buyers to absorb that supply and sustain price gains beyond nearby technical barriers.ADA drops below $0.220 as momentum remains weakCardano’s daily momentum indicators continue to favor caution. The Relative Strength Index remains in the low-40s, below the neutral 50 threshold.Meanwhile, the Moving Average Convergence Divergence remains negative, suggesting that bearish pressure may be easing without a confirmed reversal.The first support to watch is the 100-day EMA near $0.220. A sustained break below that level would bring the $0.210 area into focus.If selling extends through $0.210, the chart points to a deeper support region around $0.170. That remains a downside scenario dependent on a breakdown of the nearer support levels.ADA/USD Daily ChartOn the upside, the 50-day EMA around 0.228–0.230 forms the first recovery barrier. A sustained move above that zone would ease immediate pressure and shift attention toward horizontal resistance near $0.236, followed by the 200-day EMA around $0.240.Further resistance lies near $0.250, with $0.300 a more distant level should a broader recovery develop.For now, ADA’s ability to hold $0.220 remains central to its short-term outlook as bearish derivatives positioning and weak momentum limit recovery attempts.The post Cardano risks further losses as ADA drops below the $0.220 support appeared first on CoinJournal.

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Key takeawaysBTC traded around $81,593, above its 50-day EMA at $80,878.Bitcoin’s RSI near 47 and slightly negative MACD suggest recovery momentum remains weak.BTC faces resistance at $85,000, with deeper support at $77,528 and $76,186.Crypto prices stabilize after support testsBitcoin, Ethereum and XRP edged higher on Friday after the previous session’s correction brought all three assets toward important technical support levels.Bitcoin held just near its 50-day Exponential Moving Average, Ethereum found support around its 100-day EMA, and XRP maintained its horizontal floor near $1.300.The modest rebound suggests buyers remain active around these levels. However, the recovery remains dependent on support holding, with decisive daily closes below those areas potentially opening the door to a deeper correction.Bitcoin holds its 50-Day EMABitcoin traded just below $81,856 on Friday, remaining above its 50-day EMA at $80,878.Holding that average preserves a constructive technical backdrop despite the recent consolidation. The 100-day EMA at $77,528 and the 200-day EMA at $76,186 also remain below the current price, providing additional support for the broader trend.Momentum indicators offer less convincing evidence of an immediate rally. The Relative Strength Index sits near 46, slightly below the neutral 50 threshold, suggesting buyers have yet to establish clear control. Meanwhile, the Moving Average Convergence Divergence remains marginally negative.Together, those readings indicate stabilization rather than a confirmed bullish reversal. The first major upside barrier is the horizontal resistance near $85,000, where previous selling could limit recovery attempts.BTC/USD Daily ChartA sustained move toward that level would test whether buyers can build on Friday’s rebound. Stronger momentum would be needed to turn the current support defense into a more durable advance.Until then, Bitcoin remains vulnerable to further consolidation as buying interest below price competes with overhead supply.On the downside, the 50-day EMA at $80,878 remains the immediate level to watch. A decisive daily close below it would weaken the recovery setup and bring the 100-day EMA at $77,528 into focus. Further selling could expose the 200-day EMA at $76,186.The post Bitcoin holds near $81,800 as BTC defends key support appeared first on CoinJournal.

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Key takeawaysNEAR edges higher on Wednesday after rebounding approximately 6% the previous day.NEAR Intents launched confidential perpetual contracts linked to Jio Platforms ahead of its scheduled listing.Bitwise’s NEAR-focused ETF recorded $4.84 million in outflows Tuesday, following $1.40 million in inflows Monday.NEAR extends recovery following Jio perpetuals launchNEAR Protocol moved higher on Wednesday, extending the previous day’s roughly 6% rebound as traders assessed a new derivatives offering and weaker ETF demand.NEAR Intents launched confidential perpetual contracts linked to Jio Platforms on Tuesday, ahead of the Reliance Group company’s scheduled Wednesday listing.The contracts offer exposure to Jio’s price movements before listing while keeping traders’ positions confidential. They are derivatives, not ownership of the underlying shares.The launch adds another trading use case to the NEAR ecosystem, although its effect on demand for the NEAR token remains uncertain.Bitwise’s NEAR-focused exchange-traded fund recorded $4.84 million in net outflows on Tuesday, according to SoSoValue data.The withdrawal followed $1.40 million in inflows on Monday, leaving a combined net outflow of approximately $3.44 million across the two sessions.The reversal comes after four consecutive weeks of inflows. It could reflect profit-taking, but fund flows alone don’t reveal investors’ motivations or whether the trend will persist.Further withdrawals would indicate continued softness in demand through the ETF, while renewed inflows would suggest Tuesday’s redemptions were temporary.NEAR holds above its 50-Day Moving AverageNEAR traded around $4.74 in the supplied price snapshot, remaining above its 50-day Exponential Moving Average at $4.33.That positioning preserves a constructive near-term structure despite the pullback from the October 12 high of $6.00. The 200-day EMA sits considerably lower at $2.89, supporting the broader upward trend.However, NEAR remains below a descending trendline around $5.02. Buyers need to overcome that barrier to strengthen the recovery.A confirmed breakout could bring the September 27 high of $5.57 into focus. Until then, the psychological $5 threshold and nearby trendline remain obstacles.Daily momentum indicators have yet to show a decisive bullish shift. The Relative Strength Index stands near 49, close to the neutral 50 level, indicating a balance between buying and selling pressure.NEAR/USD Daily ChartMeanwhile, the Moving Average Convergence Divergence line remains below its signal line and slopes downward. That suggests momentum is still subdued despite the latest rebound.On the downside, initial support lies at the September 25 low near $4.43, followed by the 50-day EMA at $4.33. A break below those levels could expose the September 19 high around $3.91.Holding this support area while reclaiming $5.02 would provide stronger evidence that NEAR’s recovery is gaining traction.The post NEAR eyes $5 after Jio perpetuals launch appeared first on CoinJournal.

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Cancore raises $7.2 million to expand tokenized asset trading infrastructure.Platform reports $53.2 million in volume across more than 84,000 trades.Funding supports AI trading agents, cross-chain settlement and expanded liquidity access.Cancore, a platform built on the Canton Network that connects tokenized assets with public blockchain liquidity, has raised $7.2 million in a seed funding round backed by Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures, and Proof of Talk.The platform has been live on Canton mainnet since April 2026, operating as a validator and Featured App.According to Cancore, as of October 1, it had processed more than $53.2 million in cumulative trading volume across more than 84,000 trades and generated over $538,000 in protocol revenue.Cancore is developing infrastructure designed to connect Canton-native assets, including tokenized real-world assets (RWAs), with liquidity on public blockchain networks.The company describes its approach as a “Liquidity OS for Tokenized Finance,” aimed at supporting the execution and trading of tokenized financial assets across blockchain ecosystems.“Canton has built strong institutional foundations, and the next step is opening it to broader market liquidity,” said Ye Su, General Partner at ArkStream.“Cancore is taking a practical approach, with live volume and revenue from day one. We’re pleased to back a team focused on real usage over hype.”Cancore uses atomic settlement to execute transactions between Canton and supported public blockchain networks.The company said transactions are designed to either complete in full or fail without partial execution.Users retain control of their private keys through Cancore’s self-custody wallet, while swaps are structured to settle on both networks or be refunded.The platform also supports automated execution through a Model Context Protocol (MCP) server, which allows users to automate platform actions and delegate tasks to AI systems.Cancore plans to expand these capabilities by enabling users to build and deploy their own trading agents to execute strategies, rebalance portfolios, allocate capital, and interact with liquidity.Alongside its work on agentic trading infrastructure, Cancore plans to add more real-world assets (RWAs) and liquidity to Canton.“Tokenization is bringing a growing range of financial assets onchain, but making those assets programmable is the next step,” said Wasif Rashid, co-founder and CEO of Cancore.“We see a future where users can deploy capital across tokenized assets and use agents to execute strategies and manage positions on their behalf.”The broader aim is to enable trading agents to interact with Canton-native assets, tokenized real-world assets and public-chain liquidity through a single execution layer.Cancore will use the $7.2 million seed funding to expand into additional blockchain networks and liquidity sources, while continuing to develop its agentic trading, security, and settlement infrastructure.“In traditional markets, much of the value sits with the infrastructure that moves capital between venues: clearing, settlement, prime brokerage,” said Danish Chaudhry, General Partner at Paper Ventures.“Tokenized markets will need the same layer, and between Canton and public chains it barely exists today. Cancore is building it to the security standard institutions expect, and we think this team is well placed to define how tokenized capital moves across networks.”The expansion will build on its existing connectivity across Canton, Ethereum Virtual Machine (EVM)-compatible networks, and Tron.The post Cancore raises $7.2M round to connect Canton with public-chain liquidity appeared first on CoinJournal.

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Kyro connects more than 250 brokers, exchanges, and wallets in one workspace.Its AI tools analyse holdings and answer questions using portfolio data.Paid plans start at $12 monthly; mobile apps are also planned.Kyro opened its AI investing platform to the public on Thursday, giving retail investors a single workspace to track stocks, exchange-traded funds, cryptocurrencies and cash.The London-based platform combines portfolio monitoring, market research and AI-powered analysis of investment holdings.It targets investors whose assets are spread across brokerages, pensions, crypto exchanges and wallets, making it difficult to assess their overall exposure.“Most people have no real idea what they own or what they are exposed to. Nobody should need a finance degree or a Bloomberg Terminal to invest well,” said David Merry, Kyro’s co-founder and CEO.Connecting portfolios across financial platformsThe AI-powered platform said users can connect more than 250 brokers, exchanges and wallets, including Fidelity, Vanguard, Schwab, Robinhood, Interactive Brokers, eToro, Binance, Coinbase, OKX and MetaMask.Users can also import portfolio information through CSV files or screenshots.Balances, positions, and performance data from linked accounts are designed to update in real time, giving investors a consolidated view of their assets across different platforms.Kyro aims to replace fragmented portfolio tracking and make research capabilities typically associated with expensive professional terminals accessible to a wider audience.AI research based on investors’ holdingsKyro’s AI interface allows investors to ask questions in natural language and receive answers and charts based on their portfolios.For example, investors can use the platform to evaluate their exposure to a potential technology sell-off through ETFs or compare their portfolio returns with Bitcoin over three months.“The first wave of investing apps made it easy to buy and sell. The next wave puts the power of a professional research desk in everyone’s pocket, so anyone can understand what they own and invest with real confidence. We’re building the place where everyday investors finally get the same edge as Wall Street,” Merry said.KyroAI is the platform’s built-in assistant, while users can also access more than 100 AI models, including ChatGPT, Claude, Gemini and Grok.The platform’s Model Context Protocol (MCP) connector lets users access portfolio data and run queries through their existing AI applications.Kyro said all users have free access to more than 30 years of historical pricing data, alongside company financial statements, regulatory filings, insider transactions and analyst price targets for stocks, ETFs and cryptocurrencies worldwide.Other features include investment screeners, alerts for market movements and news tailored to securities held in an investor’s portfolio.Subscription plans and upcoming featuresKyro offers a permanently free plan. Its Premium and Master subscriptions start at $12 and $25 a month, respectively, when billed annually. Both paid tiers include seven-day free trials.The company plans to introduce AI agents capable of carrying out instructions subject to user approval.Its roadmap also includes iOS and Android apps, signals explaining why securities are trending on X and Reddit, and optional public investor profiles and performance leaderboards.  The post Kyro launches AI-powered investing platform for retail investors appeared first on CoinJournal.

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Key takeawaysBitcoin, Ethereum and XRP are heading toward a fourth consecutive week of declines.BTC is down more than 2.5% this week, while ETH and XRP have lost over 4% and 5%, respectively.Bitcoin trades around $77,900, just above its 100-day EMA at $77,814.Major cryptocurrencies extend October declinesBitcoin, Ethereum, and XRP remained under pressure on Friday, putting all three on course for a fourth consecutive weekly loss since early October.Bitcoin has declined more than 2.5% so far this week. Ethereum and XRP have fallen over 4% and 5%, respectively, highlighting continued weakness across major digital assets.ETH slipped below $2,215, while XRP traded under $1.230. Bitcoin hovered around $77,477, leaving buyers facing an important test of longer-term support.Bitcoin falls below its 100-Day Moving AverageBitcoin’s near-term technical outlook weakened after it briefly slipped below the 100-day Exponential Moving Average at approximately $77,814.That level now represents the first resistance buyers need to reclaim. Above it, the 50-day EMA near $80,585 presents another obstacle, followed by the horizontal barrier at $85,000.A recovery above $77,814 would ease immediate selling pressure and improve the prospect of consolidation within the recent range. However, a more sustained rebound would require Bitcoin to overcome the higher resistance levels.For now, its position below the shorter moving averages keeps recovery attempts vulnerable.Bitcoin remains just above its 200-day EMA at $76,423, which provides the next significant technical support.Holding that average would preserve an important element of the broader upward structure despite the ongoing correction.A sustained break below it would weaken that structure and increase the risk of a deeper pullback.The reaction around $76,423 could therefore help determine whether Bitcoin stabilizes or extends its October decline.Bitcoin’s Relative Strength Index stands at 34, approaching the conventional oversold threshold of 30.BTC/USD Daily ChartThe reading indicates persistent selling pressure. Although stretched momentum can precede a corrective bounce, proximity to oversold territory does not establish that a reversal is underway.The Moving Average Convergence Divergence indicator also remains negative, reinforcing the cautious near-term outlook.With momentum still weak, buyers need to defend the 200-day EMA and reclaim the 100-day average to show that immediate downside pressure is easing.The post Bitcoin tests key support as BTC faces fourth weekly loss appeared first on CoinJournal.

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Key takeawaysCardano (ADA) consolidates below $0.20 on Monday after losing 21% in October, with support holding around $0.1894.Large investors holding between 10 million and 100 million ADA have reduced their share of circulating supply from 38.03% to 37.45%.Technical indicators remain bearish, with a break below $0.1894 potentially exposing ADA to further declines toward $0.1712 and $0.1537.Cardano (ADA) is struggling to regain momentum on Monday, trading below $0.20 after a difficult October that wiped 21% off its value. The cryptocurrency has managed to hold above the $0.1894 support level, but declining whale holdings and weakening derivatives activity suggest that buyers are still reluctant to return.ADA has been relatively stable since Thursday’s nearly 8% selloff, although there is little evidence of a meaningful recovery taking shape.On-chain data from Santiment shows that large Cardano investors have reduced their holdings over the past month, while CoinGlass figures point to a noticeable decline in futures Open Interest.Interestingly, Cardano is attracting more attention on social media despite the subdued market activity. Whether that attention translates into renewed buying demand remains uncertain.Cardano whale holdings decline despite rising social interestCardano has seen a sharp increase in online attention following reports that neither ADA nor Midnight-related tokens were stolen during the recent Binance hack.According to Santiment, Cardano’s social dominance reached 2.49% on Monday, its highest reading since late June.Social dominance measures how frequently an asset is mentioned in cryptocurrency discussions relative to other digital assets. A rising reading generally indicates that more traders and investors are talking about the cryptocurrency.However, the increased attention has not translated into stronger buying activity among Cardano’s largest holders.Santiment data shows that wallets holding between 10 million and 100 million ADA now control approximately 37.45% of the circulating supply, down from 38.03% last month.The decline suggests that some large investors have been reducing their exposure rather than accumulating more tokens during the recent price weakness.Whale activity is closely watched because large holders can influence market liquidity and price movements, particularly when broader demand is already weak.Cardano’s supply in profit has also fallen sharply, dropping from 28.36% to 14.77%. This means a significantly smaller portion of the circulating supply is currently held at a profit, reflecting the impact of ADA’s recent decline. The metric alone, however, does not establish how much of the movement was caused by profit-taking.If large holders continue trimming their positions, Cardano could struggle to recover from October’s losses.The weakness in Cardano’s spot market is also evident in its derivatives activity. Data from CoinGlass shows that ADA futures Open Interest has declined to approximately $419 million, compared with $450 million last week.That represents a drop of roughly 11%, indicating that traders have been closing positions faster than new contracts are being opened.Open Interest measures the total number of outstanding futures contracts that have not been settled or closed.A decline in Open Interest often points to reduced market participation or a broader unwinding of leveraged positions.In Cardano’s case, the contraction comes alongside falling prices and declining whale holdings, suggesting that traders remain cautious about taking fresh positions.The combination of weakening derivatives activity and reduced accumulation by large holders leaves ADA without an obvious source of buying momentum.A sustained recovery in Open Interest, accompanied by stronger prices, could provide an early indication that traders are becoming more willing to take risks.Cardano price prediction: ADA faces bearish pressure below $0.20Cardano continues to trade below the psychological $0.20 level on Monday, with its daily chart showing…
TL;DRDogecoin trades near $0.075 on Monday after five consecutive weeks of declines.Wallets holding 10 million to 100 million DOGE have shed 120 million tokens since Thursday.The next major support sits near $0.068, while a recovery faces resistance from $0.079 to $0.090.Dogecoin (DOGE) is struggling to find its footing on Monday, trading around $0.075 after five straight weeks of losses. The meme coin has attracted some dip-buying from smaller whales, but larger holders are heading in the opposite direction, leaving the market without a clear signal that the selloff is over.The split in whale behavior comes as on-chain trading indicators remain weak and DOGE continues to trade below its major moving averages. With sellers still active, the $0.068 support level could soon come into focus.Large Dogecoin whales sell while smaller holders buy the dipSantiment’s Supply Distribution data shows that wallets holding between 10 million and 100 million DOGE have reduced their combined holdings by roughly 120 million tokens since Thursday. The selling suggests some of the largest holders are taking risk off the table as the price continues to slide.Not everyone is selling. Over the same period, wallets holding 100,000 to 1 million DOGE and those holding 1 million to 10 million DOGE accumulated a combined 100 million tokens. These smaller whale cohorts appear willing to buy at lower prices, even as the broader trend remains negative.The purchases have not fully offset the distribution by larger holders. If that selling continues, DOGE may struggle to build enough momentum for a sustained rebound.CryptoQuant’s market summary paints a similarly cautious picture. Both spot and futures markets show large whale orders, elevated trading activity described as heating conditions, and sell-side dominance.Taken together, those signals suggest traders are still more inclined to sell than to chase a recovery. They do not guarantee another decline, but they help explain why Dogecoin has struggled to attract sustained buying interest.Dogecoin stays below key moving averagesDOGE trades around $0.075 on Monday, below its 50-day Exponential Moving Average (EMA) at $0.082, 100-day EMA at $0.083, and 200-day EMA at $0.090. Those levels form a series of overhead barriers that buyers would need to reclaim before the technical outlook improves.A descending resistance trendline near $0.079 presents the first test. The Relative Strength Index (RSI) remains in the mid-30s, reflecting weak momentum without yet showing a decisive reversal. Meanwhile, the Moving Average Convergence Divergence (MACD) is hovering around zero with little directional strength.A move above the descending trendline at $0.079 would be an early sign that buyers are regaining ground. DOGE would then face the 50-day EMA at $0.082 and the 100-day EMA at $0.083, where sellers could return.Further resistance stands at $0.088 and the 200-day EMA at $0.090. Only a stronger recovery through those levels would bring the more distant $0.1027 barrier into view.DOGE/USD Daily ChartOn the downside, $0.068 is the next major support to watch. A daily close below that level would weaken the chart further and leave DOGE exposed to additional losses, although the supplied analysis does not identify a precise lower target.For now, the divergence between whale groups offers little comfort to bulls. Smaller holders are buying the dip, but larger wallets continue to distribute tokens, and the technical trend remains bearish. Whether DOGE can defend $0.068 may determine its next meaningful move.The post Dogecoin could dip lower as large whales sell 120m DOGE appeared first on CoinJournal.

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Key takeawaysXRP trades below $1.25 on Tuesday as the cryptocurrency struggles to recover.CryptoQuant data points to persistent sell-side dominance in XRP, with large whale orders adding uncertainty to XRP’s outlook.XRP faces immediate resistance at $1.285 and $1.30, while a deeper decline could bring the $1.16 and $1.00 support levels into focus.XRP remain under selling pressure on Tuesday as it struggles to recover from their recent declines.XRP is trading below $1.25, with buyers finding it difficult to push the price back above the $1.30 level.Data from CoinGlass and CryptoQuant paints a mixed picture. While funding rates suggest some traders are still betting on a recovery, derivatives positioning and on-chain activity indicate that sellers remain influential.Technical indicators are also showing little evidence of a sustained reversal, leaving both cryptocurrencies vulnerable to further losses.XRP derivatives data show mixed market sentimentDerivatives traders appear increasingly cautious about the near-term prospects of XRP, although not every indicator points in the same direction.According to CoinGlass, XRP’s long-to-short ratio stood at 0.84 on Tuesday. The ratio is below 1, indicating that short positions outnumber long positions in the measured market.The readings suggest a bearish tilt in positioning, with traders showing limited confidence in an immediate price recovery.However, funding rates tell a somewhat different story. Funding rates for XRP turned positive on October 30 and have remained above zero.As of Tuesday, XRP’s funding rate stood at 0.0073%.  Positive funding rates mean traders holding long positions are paying those with short positions, reflecting a willingness among some market participants to maintain bullish exposure.The contrast between the long-to-short ratios and funding rates suggests that traders remain divided over the next major price move.While short positioning points to caution, positive funding indicates that some leveraged traders are still anticipating a rebound.Beyond the derivatives market, on-chain and trading activity data also suggest that XRP and Stellar are facing persistent selling pressure.According to CryptoQuant’s market summary, XRP’s spot and futures markets are showing sell-side dominance alongside unusually large whale orders.Large orders from major market participants can influence short-term price movements, especially when liquidity is relatively thin.CryptoQuant also identifies heating conditions in XRP’s spot market, suggesting heightened trading activity during a period of weak sentiment.Taken together, these indicators point to a cautious market environment in which sellers continue to have an advantage.XRP technical forecast: Bears maintain control below $1.30XRP is trading around $1.2487 on Tuesday, with its daily chart showing that the cryptocurrency remains firmly under bearish pressure.The token is currently trading below its major Exponential Moving Averages (EMAs), including the 50-day EMA at $1.336, the 100-day EMA at $1.324, and the 200-day EMA at $1.365.Trading below all three indicators suggests that the broader trend remains weak, with potential recovery attempts likely to encounter resistance.XRP is also struggling beneath a descending trendline near $1.285 and the psychological resistance level at $1.30.These two barriers represent the first major obstacles buyers must overcome to improve the short-term outlook.Momentum indicators offer little encouragement for bulls. The Relative Strength Index (RSI) is hovering around 37, indicating weak buying momentum. However, the indicator has not yet entered oversold territory, suggesting that additional downside remains possible before selling pressure becomes technically stretched.Meanwhile, the Moving Average Convergence Divergence (MACD) remains slightly negative, reinforcing the prevailing bearish sentiment.On the upside, XRP must first reclaim the descending trendline resistance around $1.285.A sustained move above this level could open the door…
Key takeawaysCardano (ADA) trades around $0.188 on Tuesday after breaking below a key support zone, extending its recent decline.ADA funding rates have turned positive, suggesting some traders are still positioning for a potential recovery.ADA faces resistance between $0.215 and $0.218, while a prolonged decline could expose the $0.155 support level.Cardano (ADA) remains under pressure on Tuesday, trading around $0.188 after losing an important support level in the previous session. The cryptocurrency has struggled to attract buyers, with weakening technical indicators suggesting that its recent correction may not be over.Derivatives data also paints a mixed picture. While Cardano’s funding rate has returned to positive territory, its long-to-short ratio shows that bearish positioning remains dominant.Meanwhile, on-chain and trading activity indicators point to continued selling pressure, leaving ADA vulnerable to further losses unless buyers can reclaim key resistance levels.Cardano derivatives data show traders remain cautiousCardano’s derivatives market is showing signs of uncertainty as traders weigh the possibility of a price recovery against the risk of another decline.According to CoinGlass, ADA’s long-to-short ratio stood at 0.8248 on Tuesday, approaching its lowest reading in more than a month.A ratio below 1 indicates that short positions outnumber long positions in the measured market, suggesting that more traders are positioning for a decline than a recovery.The latest reading reflects a cautious outlook, particularly as ADA continues to trade below several important technical levels.However, funding rates suggest that bullish traders have not completely abandoned the market.Cardano’s funding rate turned positive on Tuesday, reaching 0.0097%.Positive funding means traders holding long positions are paying those with short positions to maintain their leveraged exposure.This indicates that some market participants remain willing to bet on a potential rebound despite the broader weakness in ADA’s price.The difference between the two indicators suggests that traders remain divided over Cardano’s next move.While the long-to-short ratio reflects a bearish tilt, positive funding shows that demand for leveraged long exposure persists.Such mixed positioning can contribute to volatility, particularly when sudden price movements force leveraged traders to close their positions.For now, however, the derivatives data offers little evidence of a decisive shift toward bullish sentiment.Beyond derivatives positioning, Cardano’s spot and futures markets are also showing signs of weakness.According to CryptoQuant’s market summary, both markets have recorded large whale orders alongside indicators of overheating and sell-side dominance.The presence of large orders suggests that major market participants remain active, although the accompanying selling pressure points to a cautious trading environment.Whale activity can have a considerable influence on price movements, especially during periods of weak liquidity or heightened volatility.When large orders appear alongside sell-side dominance, they can increase concerns about further downward pressure.CryptoQuant’s overheating signals also suggest elevated market activity, which may leave ADA more vulnerable to sharp price swings.Taken together, these indicators suggest that sellers continue to hold an advantage, despite the positive funding rates seen in the derivatives market.However, whale orders alone do not confirm that large holders are selling their existing ADA holdings. A clearer picture would require additional data on exchange flows and wallet activity.Until buying demand strengthens, the current market conditions could make it difficult for Cardano to establish a sustained recovery.ADA risks further decline toward $0.155Cardano trades around $0.187 on Tuesday, with its daily technical structure continuing to favor sellers.The cryptocurrency has slipped below a previously rising support trendline, which now acts as resistance…
Key takeawaysEthereum (ETH) has reclaimed $2,300 after falling below its realized price of $2,309 following the $6.3 billion Binance hack.US spot Ethereum ETFs recorded their seventh consecutive trading day of outflows on Tuesday.ETH faces immediate support at $2,250, followed by $2,204 and $2,107, while a recovery above $2,309–$2,355 could improve the short-term outlook.Ethereum (ETH) has reclaimed the $2,300 level on Wednesday after adding more than 2% to its value in the last 24 hours. The second-largest cryptocurrency has failed to reclaim its realized price of $2,309, a closely watched on-chain level representing the average acquisition cost of ETH based on its last movement across the blockchain.Ethereum slipped below this threshold following last Thursday’s $6.3 billion Binance security breach, which triggered renewed uncertainty across the cryptocurrency market.The failure to recover the level comes as US spot Ethereum exchange-traded funds (ETFs) experience sustained withdrawals, reinforcing concerns about institutional demand.Although ETH continues to defend support near $2,250, its technical indicators suggest that sellers retain the upper hand.Ethereum approaches the $2,309 realized priceEthereum’s recent price action highlights the growing importance of its realized price, currently estimated at $2,309.According to CryptoQuant data, ETH fell below this level following the Binance hack and has struggled to recover it over the past two days.The realized price measures the value of coins based on the price at which they last moved on-chain, divided by the relevant coin supply.It is commonly used as an approximation of the market’s aggregate cost basis, although it does not capture every investor’s actual purchase price.When an asset trades above its realized price, the market is generally considered to be holding an aggregate unrealized profit.A move below the indicator suggests that the average on-chain cost basis is higher than the prevailing market price.This can influence investor behavior, particularly during periods of uncertainty. Before last Thursday’s decline, Ethereum had traded above its realized price for more than a week, with buyers repeatedly defending the level.However, the recent breakdown has changed the short-term market structure. ETH has encountered resistance around $2,309 during recovery attempts, suggesting that some investors are using rebounds toward their cost basis to reduce exposure.A sustained move back above the realized price would be an encouraging development, potentially indicating that buying demand is returning.Institutional demand remains another major concern for Ethereum. According to SoSoValue data, US-listed spot Ethereum ETFs recorded nearly $85 million in net outflows on Tuesday, extending their withdrawal streak to seven consecutive trading days.The latest redemptions follow an especially difficult October, when the funds experienced a record $1.61 billion in monthly net outflows.The sustained withdrawals suggest that investors have been reducing their exposure to ETH through regulated investment products.Ethereum holds $2,250 as bulls slowly regain controlEthereum’s daily technical outlook is slowly switching bullish as ETH remains below several important Exponential Moving Averages (EMAs).The 20-day EMA stands at $2,352, while the 100-day EMA is positioned at $2,345. Both indicators sit close to the horizontal resistance at $2,355, creating a concentrated supply zone that could limit recovery attempts.The 50-day EMA at $2,411 provides another significant resistance level. Ethereum’s position below these moving averages suggests that the short- and medium-term trends remain under pressure.Momentum indicators support this cautious outlook. The 14-day Relative Strength Index (RSI) is hovering around 39, below the neutral level of 50.Meanwhile, the Stochastic Oscillator near 34 suggests that upside momentum remains limited.Together, these indicators show that buyers have yet to regain meaningful control of the market.The…
Key takeawaysXRP has gained 2% over the past 24 hours, rebounding from the $1.20 support area.XRP Ledger’s proposed Single Asset Vault (XLS-65) and Lending Protocol (XLS-66) have attracted validator support of 60% and 54%, respectively.XRP must break above $1.32 to strengthen its bullish outlook and potentially target $1.40. XRP has rebounded sharply, gaining 2% over the past 24 hours as buyers return following last week’s cryptocurrency market sell-off.The recovery has pushed XRP back above the important $1.26 level, which briefly gave way after the $6.3 billion Binance security breach triggered widespread selling pressure.Trading activity has also improved, with daily volume rising nearly 30% to approximately $1.8 billion.However, the rebound has yet to trigger a significant wave of short liquidations, suggesting that XRP has not broken through the resistance levels needed to confirm a sustained bullish reversal.XRP rebounds from $1.20 following Binance hackXRP’s latest recovery follows a difficult period for the broader cryptocurrency market. The token dropped toward $1.20 after the Binance hack, reaching a price area last visited on August 20.The incident sparked concerns about cryptocurrency exchange security and prompted substantial withdrawals from Binance as investors reassessed their exposure.As confidence gradually improved, XRP recovered above $1.26, reclaiming a level that previously served as support during the recent decline.The rebound has been accompanied by increased trading activity. Daily volume has climbed to approximately $1.8 billion, accounting for more than 2% of XRP’s circulating market capitalization.Broader macroeconomic conditions may also be contributing to XRP’s recovery. West Texas Intermediate (WTI) crude oil fell below $100 per barrel for the first time since October 15, despite continuing geopolitical tensions involving the United States and Iran.Lower oil prices can help ease inflation concerns by reducing energy-related costs across the economy.If the decline persists, it could also influence expectations for the Federal Reserve’s December interest rate decision.A more favorable inflation outlook may reduce pressure on policymakers to raise borrowing costs, potentially improving sentiment toward risk-sensitive assets such as cryptocurrencies.XRP Ledger lending proposals gain validator supportBeyond the broader market recovery, developments within the XRP Ledger could provide additional support for XRP’s medium-term outlook.Two proposed amendments designed to introduce native lending capabilities are attracting growing support from network validators.The first, XLS-65, would introduce Single Asset Vaults, a feature intended to support lending-related functionality on the XRP Ledger.According to the supplied XRPScan data, the proposal has reached approximately 60% validator approval. That places it 20 percentage points below the 80% threshold required for amendment activation, although meeting the threshold must also satisfy the network’s applicable activation conditions.The second proposal, XLS-66, focuses on the Lending Protocol itself. It currently has approximately 54% validator support, leaving it further from the required approval threshold.The two proposals are closely related because the proposed lending functionality would depend on the infrastructure provided by Single Asset Vaults.If XLS-65 gains sufficient support, validators may be more inclined to approve XLS-66, although neither outcome is guaranteed.Together, the proposals could expand the XRP Ledger’s decentralized finance capabilities by introducing new lending-related use cases.XRP reclaims $1.27 as RSI signals bullish momentumXRP’s four-hour chart shows improving short-term momentum following its rebound from the $1.20 area.The token has reclaimed $1.27, a level that previously acted as support before the Binance-related sell-off pushed prices lower.Recovering this area is an encouraging development because it suggests buyers are attempting to rebuild the market’s short…
Key takeawaysBitcoin (BTC) climbed above $80,200 on Thursday, extending its recovery after reclaiming the 50-day, 100-day, and 200-day Exponential Moving Averages (EMAs).US spot Bitcoin ETFs recorded $74.57 million in net inflows on Wednesday, ending three consecutive days of withdrawals.BTC faces its next major resistance at $85,000, while the 50-day EMA near $80,172 provides immediate support.Bitcoin (BTC) extended its recovery on Thursday, climbing above $80,200 as a wave of short liquidations and renewed inflows into US spot Bitcoin exchange-traded funds (ETFs) helped improve market sentiment.The leading cryptocurrency traded around $80,200 after closing above its major exponential moving averages during the previous session.The rebound followed heightened volatility across cryptocurrency derivatives markets, where approximately $694.40 million in leveraged positions were liquidated over 24 hours.Short positions accounted for most of those liquidations, suggesting that traders betting on further declines were forced to unwind their positions as Bitcoin reclaimed the psychological $80,000 level.Institutional demand also showed early signs of stabilization, with spot Bitcoin ETFs attracting $74.57 million in net inflows on Wednesday after three consecutive days of outflows.Meanwhile, the outcome of the US midterm elections contributed to improving sentiment across risk-sensitive assets, supported by declining oil prices and easing bond yields.Bitcoin rebounds as US Midterm election results lift risk appetiteBitcoin’s recovery gathered momentum following the US midterm elections, which saw Democrats secure control of both the House of Representatives and the Senate.The results introduced a divided-government environment, potentially limiting President Donald Trump’s ability to advance certain legislative and fiscal priorities without congressional support.Investors also assessed the implications for US foreign policy, particularly the ongoing conflict with Iran.Senate Democratic Leader Chuck Schumer said Wednesday that his party would seek to end the Iran war and could use its control over government funding to push for that outcome.The political developments contributed to expectations that the risk of further military escalation could diminish.However, the election results do not guarantee a change in military policy, and uncertainty surrounding the conflict remains.Bitcoin’s move above $80,200 coincided with these developments, although the recovery was also supported by substantial derivatives market activity.A sharp unwinding of leveraged positions contributed to Bitcoin’s latest price advance. According to CoinGlass, approximately $694.40 million in cryptocurrency derivatives positions were liquidated over the preceding 24 hours.Short positions accounted for roughly 70% of the total, equivalent to approximately $556 million. The imbalance indicates that bearish traders suffered the largest losses as cryptocurrency prices recovered.Bitcoin reclaims major moving averagesBitcoin’s daily technical outlook has improved after the cryptocurrency moved above its 50-day, 100-day, and 200-day exponential moving averages.BTC traded around $80,200 on Thursday, remaining above the 50-day EMA at $80,172. The 100-day EMA stands at $77,904, while the 200-day EMA is located near $76,547.Exponential moving averages help traders assess market direction by placing greater emphasis on recent price movements.Trading above these indicators suggests that Bitcoin has regained important technical support following the recent downturn.However, Bitcoin’s immediate challenge is to maintain its position above the 50-day EMA. A sustained hold above $80,172 would strengthen the recovery outlook and suggest that buyers are defending the reclaimed technical level.Failure to hold this area could trigger renewed selling pressure and increase the likelihood of a pullback toward lower support zones.Momentum indicators on Bitcoin’s daily chart also point to improving market conditions. The Relative Strength…