Kategorie: Altcoin News

• Internet Computer token ICP traded to highs of $2.58 to extend its uptick.
• Gains came amid a notable spike in volume as crypto prices bounced higher.
• ICP could target $4.00 or higher, though risks of a sharp pullback remain.

Internet Computer (ICP) price has retested the pivotal supply zone above $2.50 as bulls edge higher from the seven-day low near $2.

The retest occurs amid broader recovery efforts across the cryptocurrency market, with ICP among the top altcoin gainers on the day.

With prices up 9% in the past 24 hours, and volume up 93% to over $125 million, it’s likely bulls could target resistance at higher levels.

Internet Computer price jumps above $2.50

ICP currently boasts intraday gains of about 9% over the past 24 hours, with the price currently trading down from its peak in the period.

But having pushed from a low near $2, it appears bulls have their sight on more.

Gains for ICP mirror broader market sentiment, where Bitcoin tested highs near $70,000 amid Nvidia-driven risk appetite.

The AI narrative also pushed tokens like NEAR, Bittensor, and Render higher.

The uptick to intraday highs of $2.58 sees the Internet Computer token trade at levels last seen in mid-February.

ICP price technical picture

From a technical standpoint, ICP’s retest of the $2.50 hurdle marks a potentially critical flip.

The price action signals buyer interest, and a breakout from a long-term downtrend line is likely to strengthen.

Bulls now need to successfully hold above this level to validate a bullish reversal pattern.

Targets on the upside include resistance at $3.21 and $4.00, with volume confirmation key to buyer conviction.

RSI on the daily chart suggests bulls may have room to test bears’ resilience, while the MACD also displays potential bullish strength.

However, price is below key moving averages, and the shape of the 50 and 100-day simple moving averages outlines overhead resistance.

If price drops from current levels, robust support lies at $2.00 and the October 10 low of $1.98.

The token changed hands at around $2.41 at the time of writing.

Key ICP proposal

Notably, ICP is rising amid Internet Computer’s recent proposal for a tokenomics upgrade.

In its plan, DFINITY Foundation seeks the introduction of revenue-funded burns, with 20% from cloud engine fees alongside usage-based node rewards being removed.

This will directly tie ICP supply reduction to network demand, a mechanism that then sees 80% of cloud engine revenue allocated to node providers.

In this case, the Internet Computer wants to shift from fixed subsidies to performance-linked incentives, a model that would mirror other cloud compute-focused chains.

The post ICP price retests key level: what’s the outlook? appeared first on CoinJournal.

• Centrifuge price exploded by more than 180% to hit highs of $0.25.
• The sharp rise followed as news of CFG trading going live on Upbit.
• Profit-taking threatens to wipe out all the intraday gains as the price hovers near $0.16.

Centrifuge (CFG) has surged dramatically in the past 24 hours, posting gains of over 180% amid excitement over its listing on South Korea’s largest crypto exchange, Upbit.

Notably, the rally aligns with broader market gains, as Bitcoin climbed about 7% to near $70,000 before settling around $68k as of writing.

Several top altcoins also posted positive moves, including Ethereum’s uptick to above $2,000 despite continued selling by co-founder Vitalik Buterin.

On-chain data shows whale accumulation is picking up and could surge as price breaks above the $2k level.

CFG is up amid this potential market bounce, with the Upbit listing a major catalyst.

However, the overall crypto market sentiment remains cautious, and profit-taking could see a sharp pullback for several altcoins.

Centrifuge price rockets on Upbit listing news

Upbit, South Korea’s leading crypto exchange, announced that trading support for CFG would go live on February 26, 2026, at 2 PM KST.

The exchange added spot pairs against KRW, BTC, and USDT, and revealed that deposits and withdrawals would be available shortly after the announcement.

Upbit boasts a massive user base and liquidity, and these factors have historically seen listed tokens pump hard.

CFG’s price rose sharply amid the potential flip in visibility and adoption.

The token’s value jumped from around $0.08 to over $0.25, with trading volume spiking over 4,000% to $79 million.

With assets like Polkadot, NEAR, and Uniswap trending among the top 10 gainers, it’s Centrifuge’s vertical jump that stood out.

CFG market cap ballooned past $120 million before slipping lower as prices retreated from the intraday highs.

Centrifuge price forecast

Centrifuge is a crypto project focused on tokenizing real-world assets (RWAs), a market that’s attracting huge attention.

The CFG token powers governance on the platform, allowing holders to participate in protocol decisions.

Despite market potential, its price has largely followed the bearish trend across crypto.

A short-term upside tied to Upbit’s liquidity influx helped bulls revisit prices last seen in October 2025.

If Korean inflows persist, buyers could test higher resistances around $0.30 and move to $0.40.

However, broader profit deals have already seen CFG pull back, currently trading near $0.16.

The MACD suggests bullish sentiment, but an extended RSI signals overbought risks.

If prices fall below the 50-day and 100-day simple moving average lines, the nosedive could accelerate to $0.10 or lower.

The post Centrifuge price explodes as CFG trading goes live on Upbit appeared first on CoinJournal.

• Terraform lawsuit vs Jane Street puts Terra Classic (LUNC) in focus.
• Terra Classic (LUNC) shows technical resilience, eyeing $0.00003925 short-term.
• 2026 price range is expected to be between $0.0000242 and $0.000510.

The price of Terra Classic (LUNC) has been under the spotlight as legal tensions surrounding its parent company, Terraform Labs, continue to unfold.

Investors are watching closely after news emerged that the administrator overseeing the wind-down of Terraform Labs has sued trading firm Jane Street. 

The lawsuit alleges the trading firm used non-public information from Terraform insiders to profit ahead of the collapse of TerraUSD in May 2022.

This legal move adds a new layer of uncertainty for LUNC holders.

Many remember that the original Terra blockchain was rebranded as Terra Classic after the collapse, while a new Terra 2.0 network was launched.

LUNC now trades at around $0.00003509, down roughly 46% over the past year, with a circulating supply of approximately 5.47 trillion coins.

Jane Street charges

The lawsuit centres on allegations that Jane Street gained access to confidential data through back channels.

This allegedly allowed the firm to strategically withdraw significant amounts of UST from liquidity pools just minutes after Terraform executed internal moves.

The complaint claims these trades contributed to the broader collapse of the stablecoin and accelerated losses for Terraform’s creditors.

Jane Street has denied the allegations, calling the claims baseless and emphasising that the market turmoil was driven by internal mismanagement within Terraform.

Legal observers note that the case could have implications not only for the firms involved but also for market perception around LUNC and other related assets.

LUNC price analysis

Despite its turbulent history, LUNC has shown some resilience.

The coin has been trading in a range of $0.0000343 to $0.00003516 over the past 24 hours, reflecting a small degree of stability.

Analysts like For-Exx Kripto note that the coin has remained inside a flag formation, though the pattern recently experienced a slight break.

This break could have signalled a sharp decline, yet LUNC did not fall dramatically.

This can be interpreted as a bullish signal in the short term, suggesting that a price attempt toward $0.00003925 could be on the horizon.

While the coin remains far from its historical highs, such technical patterns provide hints about potential upward momentum despite broader market challenges.

Trading volume has also been modest, with about $8.9 million changing hands in the last 24 hours.

Terra Classic price prediction

Looking ahead, analysts project that LUNC could trade within a wide range in 2026.

The minimum expected level is around $0.0000242, while the maximum target could reach $0.000510 by the end of the year.

Key levels to watch include support near the $0.000024 mark, which may act as a floor in case of market weakness.

Resistance lies around $0.000510, representing a potential upside target for traders seeking gains.

Short-term moves toward $0.00003925 could also provide intermediate targets, especially if the market reacts positively to technical signals or news from ongoing legal developments.

The post Terra Classic (LUNC) price in focus as Terraform Labs sues Jane Street appeared first on CoinJournal.

• Cosmos price traded around $2.23 on Monday,
• Bulls eye a rebound to above $3 despite broader crypto market losses.
• A key bullish pattern signals the potential for an upside continuation.

Cosmos (ATOM) faces continued sell-off pressure as overall sentiment threatens a sharper correction for altcoins.

This is due to seller dominance as Bitcoin retests $65,000 amid macroeconomic pressures.

However, while the latest downturn has seen bulls fail to decisively test sellers above $2.50, a potential double bottom formation suggests the altcoin could soon explode to a multi-month high.

ATOM price today

As of February 23, 2026, Cosmos (ATOM) was trading near $2.23, with 24-hour trading volume of about $54 million, up 31%, signalling increased buying interest.

However, broader losses across the cryptocurrency market over the past day have allowed sellers to regain some ground following ATOM’s spike to $2.50 on February 18.

While the token has recovered from lows near $1.70, the rebound remains modest compared with previous peaks near $12 in late 2024 and above $6.00 in mid-2025.

The prolonged downtrend across most altcoins in 2026 continues to pose downside risks, with further weakness likely unless buyers defend key support levels and establish new demand zones.

Cosmos price forecast

The Cosmos price shows recovery potential amid a decent bounce from year-to-date lows near $1.70.

Although an overall negative trend in cryptocurrencies could see Cosmos descend into a deeper drawdown, the opposite suggests a rally past $3.00-$3.50 towards pre-October 2025 crash highs.

The area around $2.50 and $3.00 portends a potential supply‑wall risk.

However, with prices bouncing off recent lows, analysts point to a key technical pattern emerging.

A double bottom is a bullish reversal chart pattern formation that outlines two key support levels in a downtrend.

Typically, this pattern forms after a sharp sell-off to a certain low, with prices rebounding before revisiting the zone.

A neckline formation acts as resistance, and in the case of ATOM, this crucial supply zone lies around $2.70.

In the short‑term, Cosmos could test resistance at the neckline and the $3.13–$3.25 zone.

Should bullish momentum hold amid a broader market upturn, the next major resistance levels would be around $4.50-$6.00.

If ATOM continues to struggle alongside Bitcoin and other altcoins, failure to hold above $2.00 could spell danger for buyers.

The next demand reload area below the Feb. 6 lows lies around $1.20.

This outlook could gain momentum if the RSI flips below the 50 mark and the daily MACD turns bearish.

Prices falling below the Bollinger Bands middle line could also signal fresh weakness.

As noted, the opposite, with the double-bottom pattern, confirms that bulls have the upper hand.

The post Cosmos (ATOM) forecast as $2 flips into key support appeared first on CoinJournal.