Kategorie: Crypto Analysis

Key takeaways

• WLD is down by more than 3% in the last 24 hours and could dip lower in the near term. 
• Derivatives metrics remain supportive, with WLD’s Open Interest rising steadily alongside a mildly growing number of long positions.

Worldcoin (WLD) has declined by more than 3% on Tuesday, trading below $0.50 while holding above a cluster of key Exponential Moving Averages (EMAs). 

Strengthening derivatives activity and favorable technical indicators suggest the token may have room to extend its recent recovery in the near term.

Rising open interest signals growing market confidence

Data from CoinGlass shows that Worldcoin futures Open Interest (OI) has climbed to $406.86 million, up from $377.25 million recorded on Sunday. 

The metric has been trending higher since mid-May, indicating fresh capital is flowing into the market.

An increase in OI is typically viewed as a sign of growing trader participation and can reinforce ongoing price trends. In WLD’s case, the surge suggests investors are increasingly positioning for additional upside.

Adding to the bullish narrative, CoinGlass data shows the WLD long-to-short ratio has recovered to 1.01. 

A reading above 1 indicates that long positions slightly outnumber shorts, reflecting a market bias toward higher prices. Continued improvement in this ratio could further strengthen bullish sentiment.

Despite the positive derivatives backdrop, some cautionary signals are emerging. According to CryptoQuant’s market summary data, both spot and futures markets are experiencing elevated retail participation and increasingly heated trading conditions. 

The data also points to sell-side dominance, suggesting profit-taking activity could limit the pace of any further gains.

These factors may create short-term headwinds even as broader sentiment remains constructive.

Worldcoin price forecast: Bulls defend key support levels

Worldcoin was trading near $0.509 at the time of writing, maintaining a bullish technical structure above a dense cluster of EMAs.

The 23.6% Fibonacci retracement level near $0.504 has emerged as immediate support, sitting just below the current market price. 

Meanwhile, the 50-day, 100-day, and 200-day EMAs remain beneath the market, providing a strong support zone stretching from the upper-$0.30 range to the mid-$0.40 area.

Momentum indicators continue to favor buyers. The Relative Strength Index (RSI) stands near 53, indicating strong bullish momentum while remaining below overbought levels.

The Moving Average Convergence Divergence (MACD) indicator remains in positive territory, signaling that upward momentum is still intact.

If the downtrend continues, immediate support lies at $0.459 (200-day EMA). A daily candle close above this level could expose WLD to lower levels at the mid-$0.30 area near the 100-day and 50-day EMAs

However, if the rally resumes, initial resistance lies at $0.567, with the next target at $0.676 (38.2% Fibonacci retracement).

Worldcoin’s improving derivatives metrics, rising Open Interest, and bullish technical setup continue to support a positive near-term outlook. 

While elevated retail participation and selling pressure warrant caution, maintaining support above the $0.50 region could pave the way for a move toward the $0.567 and $0.676 resistance levels in the sessions ahead.

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Key takeaways

• XRP climbed to around $1.15 on Monday as retail traders cautiously returned to the derivatives market.
• XRP futures open interest increased from $2.28 billion to $2.44 billion, signaling renewed speculative activity.

Ripple (XRP) edged higher on Monday, trading around $1.15 as risk appetite showed tentative signs of recovery across the cryptocurrency market. While broader sentiment remains fragile, derivatives data suggest retail traders are gradually returning to the market after weeks of caution.

The modest recovery comes amid a challenging macroeconomic backdrop and renewed geopolitical tensions that continue to weigh on investor confidence.

Geopolitical risks keep investors on edge

Risk-off sentiment remains the dominant market theme as digital assets struggle to sustain gains following a brief rebound over the weekend. Investor caution intensified after Israel and Iran exchanged strikes for the first time since the ceasefire agreement reached on April 8.

Despite the cautious environment, XRP derivatives activity recorded a modest increase. Open Interest (OI) in XRP perpetual futures rose to an average of $2.44 billion on Monday, up from $2.28 billion previously. The increase suggests traders are gradually re-entering the market and taking on additional exposure, even as uncertainty remains elevated.

The rise in futures positioning points to renewed speculative interest, although the increase remains relatively modest compared to previous bullish periods.

Ripple price forecast: XRP faces heavy technical resistance

Although XRP has managed to rebound toward $1.15, the broader technical picture remains bearish.

The token continues to trade below its key moving averages, including the 50-day EMA at $1.33, 100-day EMA at $1.41, and the 200-day EMA at $1.63

These levels create a significant overhead resistance zone that could limit upside momentum.

Additional bearish signals come from the SuperTrend indicator, which remains negative around $1.26, and a descending trendline whose breakout point is located near $1.52. Together, these indicators suggest that rallies may continue to encounter selling pressure.

Technical momentum indicators continue to favor the bears. The Relative Strength Index (RSI) is hovering near 32 on the daily chart, reflecting weak buying momentum despite the recent bounce. 

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram remains below the zero line, reinforcing the prevailing bearish trend.

These indicators suggest that downside risks remain elevated unless XRP can reclaim key resistance levels.

While XRP has shown resilience by reclaiming the $1.15 level, the token remains trapped within a broader bearish structure. Improving derivatives activity and continued ETF inflows offer encouraging signs, but weak market sentiment and persistent geopolitical uncertainty continue to cap upside potential.

For a stronger recovery to develop, XRP will need to overcome multiple resistance barriers while broader risk appetite across the crypto market improves. Until then, traders remain focused on whether support around $1.05 and the critical $1.00 threshold can withstand further selling pressure.

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Key takeaways

• Ethereum continues its downtrend after breaking key support levels and testing a low of $1,505 last week.
• The broader crypto market remains under pressure following last week’s massive dump.

The cryptocurrency market starts the week on a weak footing, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) continuing to trade under heavy selling pressure following steep declines last week. 

Bitcoin lost more than 14%, Ethereum dropped over 15%, and XRP shed more than 13%, leaving technical indicators firmly tilted toward further downside risks. 

BitMine boosts Ethereum holdings with largest ETH purchase of 2026

Ethereum treasury company BitMine Immersion Technologies significantly expanded its holdings last week, purchasing 126,971 ETH as the second-largest cryptocurrency declined toward the $1,500 price region.

The acquisition marks BitMine’s largest weekly Ethereum purchase of 2026, underscoring the firm’s continued commitment to accumulating the digital asset despite recent market volatility.

Following the latest purchase, BitMine’s total Ethereum holdings have climbed to 5.54 million ETH. The company stated that it now controls approximately 4.59% of Ethereum’s circulating supply, moving closer to its long-standing objective of owning 5% of all ETH in circulation.

According to the firm, it remains on track to achieve that milestone before the end of the year, further strengthening its position as one of the largest corporate holders of Ethereum.

Ethereum slides below critical support areas

Ethereum is also extending its bearish trend, trading around $1,684 after breaking several key support levels below. The second-largest cryptocurrency remains firmly below its 50-day, 100-day, and 200-day EMAs, currently positioned near $2,058, $2,189, and $2,441, respectively.

The concentration of these moving averages above current price levels suggests that any recovery attempts could face strong selling pressure. Meanwhile, Ethereum’s daily RSI sits at 50, indicating a neutral market condition, while the MACD remains deeply negative, reinforcing the dominance of bearish momentum.

For bulls to regain control, Ethereum would need to overcome several resistance levels:

• Immediate resistance at $1,747.
• Psychological resistance at $2,000.
• 50-day EMA near $2,058.
• 100-day EMA around $2,189.
• 200-day EMA near $2,441.

On the downside, the next significant support level is located around $1,385, a zone where buyers could attempt to slow or reverse further declines if selling pressure intensifies.

 

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Key takeaways

• Hoskinson clarifies social media break as ADA remains under intense selling pressure 
• ADA is down 30% this week and could extend its selloff in the near term. 

Cardano fell another 13% on Friday, bringing its weekly losses to more than 30% as investors reacted to comments from founder Charles Hoskinson and broader market weakness.

The decline marks ADA’s fifth consecutive day of losses, despite a notable increase in network activity and community engagement.

Hoskinson clarifies that he is not leaving Cardano

Market anxiety intensified after Charles Hoskinson posted a brief message on social media stating, “I’m taking a break, TTYL,” which some investors interpreted as a potential departure from Cardano and its development ecosystem.

Following the backlash, Hoskinson returned with a live broadcast to clarify that he is stepping back only from public-facing activities and social media engagement, not from his involvement in Cardano or blockchain research.

He emphasized that his focus remains on addressing complex industry challenges such as the blockchain trilemma, while distancing himself from expectations surrounding ADA’s market performance.

“I am not passionate about making the price of ADA go up,” Hoskinson stated during the discussion.

While the market reacted negatively, on-chain and social metrics suggest the Cardano community remains highly engaged.

According to Santiment data, Social dominance climbed to approximately 0.52%, the highest level recorded this year.

Furthermore, daily active addresses surged to 28,459, the strongest reading in roughly four months.

The spike indicates that discussions and network participation accelerated as investors responded to speculation surrounding Hoskinson’s comments.

However, increased activity has so far failed to offset persistent selling pressure.

Cardano price forecast: Technical outlook remains bearish

From a technical perspective, Cardano remains in a firmly bearish trend. ADA continues to trade well below its key long-term moving averages (50-week EMA: $0.4139, 100-week EMA: $0.4967, and 200-week EMA: $0.5095)

Momentum indicators also remain weak. The RSI has fallen to 22, entering oversold territory, while the MACD remains slightly positive but is nearing a bearish crossover.

These signals suggest downside momentum remains dominant despite emerging oversold conditions.

If the bearish trend persists, the next major support level sits near the 61.8% Fibonacci retracement at $0.1274, calculated from Cardano’s 2020–2021 bull market advance.

However, the $0.1500 psychological support could serve as a short-term demand level in the near term. 

If the bullish trend resumes, immediate resistance would be seen at $0.2345 (50% Fibonacci retracement) and $0.4139 (50-week EMA).

A sustained break below $0.1500 would increase the risk of a deeper correction toward the $0.1274 area, while any recovery attempt would first need to overcome resistance near $0.2345 before challenging longer-term trend barriers.

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Key takeaways

• ZEC is down 45% and is now trading around $309 per coin.
• The vulnerability was fixed within days, and findings suggest that actual exploitation of the bug is unlikely.

Zcash Zcash fell sharply on Friday after researchers disclosed a critical vulnerability in its Orchard shielded transaction pool that could have theoretically enabled the creation of unlimited counterfeit tokens.

The price dropped about 45% to $309 with most of the decline occurring shortly after the security disclosure was made public.

Critical flaw found in Zcash Orchard shielded pool

The vulnerability was identified by security researcher Taylor Hornby during an audit commissioned by Shielded Labs, an independent support organization for the Zcash ecosystem.

According to the report, the issue was located in the Orchard circuit, the zero-knowledge proof system that secures private transactions within Zcash’s shielded pool.

The flaw allowed under-constrained inputs in elliptic curve computations, making it possible to pass invalid values as valid proofs

In a test environment, researchers were able to generate an undetectable counterfeit ZEC. The bug has existed since Orchard’s activation in May 2022. The vulnerability was patched on June 1, shortly after discovery.

Despite the severity of the issue, Shielded Labs said there is no clear evidence that the vulnerability was exploited in the wild.

Reasons cited include: The complexity of Orchard’s privacy system obscures transaction tracing, the bug remained undetected for years despite cryptographic scrutiny, and no confirmed anomalies in supply have been identified

However, the organization acknowledged that absolute certainty is impossible due to the privacy-preserving nature of shielded transactions.

ZEC dips by 45%. Will it recover soon?

The ZEC/USD 4-hour chart is bearish and efficient as Zcash has lost 45% of its value in the last 24 hours.

The momentum indicators have flipped bearish, with the RSI of 33 indicating an oversold condition. The MACD lines are also within the negative territory, adding further confluence to the bearish bias.

sell

If the selloff continues, ZEC could drop below the Friday low of $245 and retest the $200 pychological level.

However, the bounce back above $300 indicates that the selloff could end soon. If the bulls regain control, ZEC could surge towards the first major resistance level at $413, with further hurdles around the $527 zone.

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