Monat: Juni 2025

• Cardano price is up 0.5% over the past 24 hours, trading around $0.60.
• The technical picture has ADA trading within a broadening wedge, with a potential retest of the lower trendline.
• Technical indicators like the MACD and RSI indicate sustained bearish momentum.

Cardano (ADA) is just in the green on the day, up about 0.5% in the past 24 hours at the time of writing and risking fresh losses.

Bitcoin’s surge to above $106 has bulls eyeing more upside, and Cardano could ride the broader uptick to snap its bearish daily close streak.

However, with ADA trending in a broadening wedge, a potential retest of the lower trendline suggests buyers may yet hit the rocks.

Cardano price today

Cardano has faced significant volatility over the past month. Having reached highs of $0.84 in late May, the past week has seen it extend losses to nearly 20% over the month and 5% this past week.

This has come amid a broader risk asset sell-off, catalyzed by escalating Middle East tensions.

Currently, the $0.60 level is acting as a near-term support, aligning with a trendline formed since December 2023.

A failure to hold $0.60 could precipitate a retest of $0.50 or lower, particularly as on-chain data indicates rising selling pressure from long-term holders.

ADA price technical outlook

From a technical perspective, ADA is confined within a broadening wedge pattern, characterized by diverging trendlines that suggest increasing volatility.

This pattern implies a potential retest of the lower trendline, which could drive prices toward $0.40 if bearish momentum persists.

Notably, the MACD on the weekly chart shows a bearish crossover, with the MACD line below the signal line, reinforcing downside pressure.

Similarly, the RSI, currently at 44, is below the neutral 50 level and trending downward.

This indicates fading bullish conviction and room for further declines before reaching oversold territory.

These indicators collectively warn of a bearish outlook in the short term.

However, a bullish reversal remains plausible if ADA breaks above the upper wedge boundary of the recently formed pattern.

Such a breakout could catalyze a significant rally, potentially exceeding +380% and targeting levels above $1.6 to $2.00.

This price forecast aligns with historical price cycles and optimistic market conditions.

In the short term, key resistance lies at $0.80 and $1.14, potentially paving the way for$1.5 or higher.

Analysts see the interplay of whale accumulation, with millions of ADA acquired recently, and potential catalysts like an ADA ETF approval bolstering bullish sentiment.

Nevertheless, broader market weakness and profit taking could derail bulls.

In this case, a breakdown below $0.60 could bring $0.40 into play.

The post Cardano price forecast: ADA holds $0.60 but risks fresh losses appeared first on CoinJournal.

• Bitcoin Pepe is seen as one of the most closely watched crypto presales of 2025.
• The Bitcoin Pepe presale has raised over $15 million.
• The project’s native token is currently priced at $0.0416.

Bitcoin (BTC) held steady above $106,000 on Friday, as the broader crypto market consolidated in the face of mounting geopolitical tensions.

The cryptocurrency recorded a 24-hour low of $103,940.78 and a high of $106,104.40.

Traders remain focused on developments in the Middle East, where expectations are building that President Donald Trump may decide within the next two weeks whether the US will intervene in the ongoing Israel-Iran conflict.

A definitive move could shift broader risk sentiment, with potential implications for high-volatility assets such as cryptocurrencies.

As Bitcoin holds its ground in a volatile environment, risk-averse investors are beginning to explore high-reward opportunities, with interest building around tokens like Bitcoin Pepe, which is approaching the final stages of its presale.

Speculative capital is increasingly moving toward early-stage crypto projects, as traders look to capitalise on momentum-driven assets with the potential for outsized returns.

In this shift, Bitcoin Pepe has gained traction as a preferred option among market participants.

BTC may face some pressure

In its June 19 report, CryptoQuant warned that Bitcoin could retest support at $92,000—or potentially decline further to $81,000—if demand continues to weaken.

While spot demand is still rising, it remains significantly below trend levels. ETF inflows have declined by over 60% since April, and whale accumulation has dropped by half.

New money is drying up in Bitcoin.

Short-term holders now hold 4.5M BTC, down 0.8M since 27 May.

Demand momentum sinks to –2M BTC, the worst on record. pic.twitter.com/ollWBXHdll

— CryptoQuant.com (@cryptoquant_com) June 20, 2025

At the same time, short-term holders—typically newer entrants—have offloaded around 800,000 BTC since late May.

CryptoQuant’s demand momentum indicator, which measures directional buying activity across major investor groups, has fallen to negative 2 million BTC—the lowest reading in the firm’s dataset.

Bitcoin Pepe’s climb continues

Despite recent volatility in Bitcoin’s price, its underlying strength has contributed to a more constructive mood across the crypto market, conditions that have historically supported broader uptrends.

In this risk-on backdrop, investors are returning to speculative segments, with meme coins among the early beneficiaries of renewed interest.

Bitcoin Pepe is one such project gaining traction, drawing attention for its attempt to blend viral internet culture with a blockchain infrastructure narrative.

Now viewed as one of the most closely followed crypto presales of 2025, Bitcoin Pepe has distinguished itself through its stated objective to “build Solana on Bitcoin,” aiming to combine Bitcoin’s security with Solana-like scalability.

Unlike typical meme coins driven purely by community sentiment, Bitcoin Pepe is anchored by a development roadmap that outlines concrete technical milestones.

To reinforce this positioning, the team has shared visual updates showcasing progress on the project’s infrastructure.

The presale has already raised over $15 million, with a major listing announcement expected on June 30.

 

The post Bitcoin Pepe price outlook as analysts worry BTC may see some pressure appeared first on CoinJournal.

• Bitcoin Pepe seeks to integrate Bitcoin’s security with the scalability of platforms like Solana.
• The BPEP token is currently priced at $0.0416.
• As per the team behind the project, the BPEP token will be listed on MEXC and BitMart.

Bitcoin (BTC) remained steady above $105,000 on Friday, with the broader crypto market in a holding pattern as investors weigh escalating geopolitical risk and a potentially supportive regulatory shift in the US.

Market participants are watching for potential US intervention in the ongoing Israel-Iran conflict, with expectations that President Donald Trump could decide on a course of action within two weeks.

Any development on this front could have a significant impact on risk assets, including cryptocurrencies.

Amid the geopolitical tension and price consolidation, a key regulatory signal has emerged from the US.

The state of Arizona is reconsidering a Bitcoin reserve bill.

While still at an early stage, the move marks a growing institutional and legislative recognition of crypto’s role in the financial system.

Regulatory clarity remains a crucial driver for broader adoption, particularly for infrastructure-oriented and early-stage projects.

One such example is Bitcoin Pepe. The project’s presale has continued to garner massive interest from investors.

Arizona Senate revives Bitcoin reserve bill

Arizona’s efforts to establish a state-managed Bitcoin reserve have regained momentum after the state Senate narrowly passed a motion to reconsider House Bill 2324 on Thursday, voting 16–14 in favour.

The bill, which was previously rejected during its third reading in the House on May 7, would allow the creation of a “Bitcoin and Digital Assets Reserve Fund” to manage digital assets forfeited through criminal proceedings.

The Senate vote followed party lines, with only one Republican, Senator Jake Hoffman, voting against the bill.

The motion to reconsider was filed by Republican Senator Jane Shamp, who had initially voted against the measure, a procedural requirement in the Arizona Legislature.

HB 2324 now returns to the 60-member Arizona House of Representatives, where it must secure a simple majority to advance to Governor Katie Hobbs for final approval.

With 33 Republican members in the House, the bill’s fate hinges on whether it can maintain unified party support or attract crossover votes.

Bitcoin Pepe price outlook

Increasing regulatory clarity in the United States is expected to enhance visibility for altcoins and meme coins, potentially shifting investor sentiment across the digital asset space.

As oversight strengthens, the market may gradually move away from purely speculative plays toward projects offering greater utility—an environment that could favour technically driven initiatives aiming to blend cultural appeal with real-world application.

Bitcoin Pepe is one such project. Unlike typical meme tokens that rely heavily on hype, it combines infrastructure development with cultural relevance.

Designed as a Layer 2 solution, Bitcoin Pepe seeks to integrate Bitcoin’s base-layer security with the scalability of platforms like Solana, positioning itself as a differentiated player in the meme coin category.

The project has publicly shared development visuals, reinforcing its commitment to technical progress.

Backed by a clear technical roadmap and an infrastructure-focused strategy, Bitcoin Pepe has managed to carve out a niche in a competitive market.

That approach appears to be gaining traction: the team has raised over $15 million during its ongoing presale.

The team behind the project has confirmed exchange listings on MEXC and BitMart.

A major listing announcement is expected on June 30, adding to growing investor interest.

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