Finanzmittel Info + Krypto + Geld + Gold

Key takeaways

• XRP has dropped below $1.30 on Thursday as the bearish trend persists. 
• Long-to-short ratios stand at 0.82, indicating bearish positioning in the tracked data.
• XRP must reclaim resistance between $1.333 and $1.372 to improve its near-term technical outlook.

XRP struggles after Fed’s cautious hold

XRP remains under pressure on Thursday as bearish derivatives positioning and persistent selling activity limited its recovery prospects.

XRP traded around $1.29, dropping below the closely watched $1.300 support level.  The weakness followed the Federal Reserve’s decision to hold interest rates at 3.75%–4.00%. 

Although rates were unchanged, continued inflation concerns and a hawkish undertone weighed on appetite for risk assets.

CoinGlass data shows XRP’s long-to-short ratio at 0.82, approaching its lowest reading in more than a month.

Ratios below one indicate that shorts outweigh longs within the measured dataset, reinforcing the cautious positioning around both tokens.

Funding rates, however, present a different picture for each asset. XRP’s funding rate stood at 0.0036%, remaining positive after turning higher on October 16. 

That means longs were paying shorts, suggesting continued demand for leveraged bullish exposure despite the weaker long-to-short ratio.

The divergence leaves XRP’s derivatives signals mixed, but the bears remain in firm control at the moment. 

CryptoQuant’s summary indicators show sell-side dominance in both spot and futures markets for XRP. 

For XRP, the platform also flags large whale orders and heating market conditions. Large orders alone do not establish whether major holders are buying or selling, but the accompanying selling imbalance reinforces the subdued outlook.

XLM’s spot and futures markets likewise show sellers retaining the advantage, suggesting its recent rebound has yet to attract enough demand to sustain a stronger advance.

XRP could record further losses as it drops below the $1.300 support

The XRP/USD daily chart remains bearish as the token has dropped below the horizontal floor near $1.300.

A daily candle close below that level would weaken the recent trading range and increase the risk of a deeper correction. 

The daily Relative Strength Index stands at 40, below the neutral 50 level, indicating that buying momentum remains limited.

The Moving Average Convergence Divergence indicator has improved slightly into positive territory. That offers an early sign of easing bearish momentum, although the price remains below its key moving averages.

XRP’s first upside obstacle is the 100-day Exponential Moving Average near $1.333. Above it, the 50-day EMA at $1.357 and the 200-day EMA at $1.372 form additional resistance. 

Reclaiming that cluster would provide stronger evidence that buyers are regaining control. Further barriers sit at $1.540 and $1.900, although both remain distant from the current price.

For now, XRP’s position just above support leaves little room for renewed selling. Holding $1.300 and overcoming nearby moving averages remain the key tests for a more durable recovery.

The post XRP dips below the $1.30 support amid bearish positioning appeared first on CoinJournal.

Key takeaways

• NEAR 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 launch

NEAR 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 Average

NEAR 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.

Meanwhile, 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.

Key takeaways

• HYPE rose 1.9% over 24 hours after bouncing from support near $75.
• The token needs to move above $83 to strengthen the case for a recovery.
• A break below $75 could expose the 200-day EMA near $67.50.

Hyperliquid’s HYPE token gained 1.9% over the past 24 hours after reaching a support area around $77, offering buyers a possible opportunity to halt a correction that began in late September.

The level also supported HYPE in mid-September, before the token climbed to a record high. Its latest bounce suggests buyers are again responding near that price, although a sustained recovery has yet to be confirmed.

The immediate test lies at $83. A move above that level would improve the short-term technical picture and could bring a higher target near $89 into focus.

HIP-3 trading activity offers support

Trading activity on Hyperliquid’s HIP-3 markets has remained relatively resilient despite a broader decline in open interest.

Open interest across the Hyperliquid blockchain fell approximately 11% from its September 13 peak of $9.1 billion. The decline in HIP-3 markets has been milder over the past couple of weeks, according to the supplied analysis.

HIP-3 allows markets for assets beyond cryptocurrencies, including stocks and commodities. Weekly trading volume increased from $12.4 billion in the week ending October 4 to $19.6 billion the following week, a rise of roughly 58%, according to Hyperliquid Stats.

The growth indicates stronger activity in those markets, though trading volume alone does not establish how much demand it creates for HYPE.

The market faces potential volatility around the Federal Reserve’s upcoming interest rate decision and subsequent guidance.

CME FedWatch data shows a 9% probability of a rate increase at the meeting. It also says more than three-quarters of surveyed analysts expect an increase in December.

Higher inflation readings and oil prices above $100 have contributed to uncertainty about the future path of monetary policy. A more restrictive outlook could weigh on risk appetite, while guidance perceived as less aggressive could provide some relief.

Market-implied probabilities and analyst expectations can change quickly as new information becomes available.

Hyperliquid technical forecast: HYPE needs to reclaim $83

HYPE’s bounce from $75 provides an initial sign of demand, but resistance near $83 remains the more consequential level for buyers.

A sustained move above $83 would strengthen the case that the correction is giving way to a recovery. If momentum continues, the supplied analysis identifies approximately $89 as a near-term target.

The Relative Strength Index stands at 39, below the neutral 50 level, indicating that sellers still have the advantage. The indicator is approaching its signal line, but a crossover alone would not confirm a trend reversal.

If HYPE falls below $75, the next technical support to watch is the 200-day Exponential Moving Average near $67.50.

The post Hyperliquid rebounds from $75 as traders watch $83 resistance appeared first on CoinJournal.