Kategorie: Crypto Analysis

Key takeaways 

• BTC is up 1.5% in the last 24 hours and is now trading above $87k per coin.
• The performance comes despite the bearish sentiment in the broader crypto market.

Bitcoin recaptures $87k

The cryptocurrency market is bullish on Wednesday following a poor start to the week, with Bitcoin, Ether, and XRP currently in the green. The price action for the top three cryptocurrencies remains weak, but they could record temporary relief over the next few hours.  

Bitcoin, the leading cryptocurrency by market cap, is trading above $87k per coin but could record further losses in the near term. In an email to Coinjournal, Nic Puckrin, investment analyst and co-founder of the Coin Bureau, believes that the market could face further selling pressure over the next few days. Nic added that,

“Bitcoin is in the red once again – a chart that is becoming all too familiar as a disappointing Q4 draws to a close. Having fallen to around $86,000, BTC is now knocking on the door of its 100-week moving average – a strong support level that sits around $84,800. And, once again, AI bubble fears and concerns over future monetary policy appear to be to blame.” 

Bitcoin could extend its correction in the near term

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed since the start of the week. Bitcoin’s price faced rejection on Friday and has lost 7% of its value since then. 

BTC retested the $85,569 support level on Monday, with the level holding, allowing BTC to hit the $87,500 level on Wednesday. 

If the correction continues and the daily candle closes below the $85,569 support, Bitcoin could extend the decline toward the psychological $80,000 level.

The Relative Strength Index (RSI) on the 4-hour chart is at 38, below its neutral level of 50, indicating bearish momentum gaining traction. Moreover, the Moving Average Convergence Divergence (MACD) lines have converged, adding a bearish narrative to the chart. 

However, if the bullish trend resumes, Bitcoin could rally towards the 61.8% Fibonacci retracement level at $94,253.

The post Bitcoin price forecast: BTC above $87k but sentiment remains bearish appeared first on CoinJournal.

Key takeaways

• HYPE is up by less than 1% and is trading at $27 per coin.
• The coin could reclaim the $30 psychological level amid plans to burn the assistance fund

Hyperliquid looks to burn assistance funds

HYPE, the native coin of the Hyperliquid DEX, is up by less than 1% in the last 24 hours, making it one of the best performers among the top 20 cryptocurrencies by market cap.

The positive performance comes as Bitcoin, XRP, and Ether are all trading in the red. It also comes as the Hyperliquid Foundation announced plans to permanently remove 37.11 million HYPE tokens from circulation, representing 3.71% of the total supply.

The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply.

For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part…

— Hyper Foundation (@HyperFND) December 17, 2025

The tokens are stored in its assistance fund address, and they will automatically convert the trading fees collected by the perpetual-focused exchange to purchase its native token. 

According to the team, the absence of a private key meant that the assistance fund address was never controlled, and a hard fork was necessary to access the funds. With the voting currently ongoing, if the community approves the proposal, it will establish a social consensus that no protocol upgrades are to access this address. 

However, the derivatives data show that traders are becoming bullish on this cryptocurrency. CoinGlass data reveals that the Open Interest (OI) surged by 1.63% in the last 24 hours to $1.53 billion, indicating a rise in the notional value of active positions.

The increase of HYPE’s OI-weighted funding rate to 0.0839% also shows that there is a surge in buying pressure, adding more confluence to the bulls. 

HYPE could recapture $30 soon

The HYPE/USD 4-hour chart is bearish and efficient after losing 4% of its value in the last seven days. At press time, HYPE is trading above the $26 support level.

The news of a potential burn hasn’t been priced in, and this could push HYPE’s price over the next few days. 

However, failure to close the daily candle fails to close above the $26 support, HYPE could extend its decline to the October 10 low near $20. 

The RSI of 40 is below the neutral 50 but shows a fading bearish momentum. The Moving Average Convergence Divergence (MACD) and the signal line extend the declining trend, suggesting that the bears haven’t given up yet. 

On the flip side, if the bulls continue the recovery and HYPE’s daily candle closes above $26, the coin could rally towards the $34 resistance level.

The post Hyperliquid price prediction: HYPE eyes the $30 resistance appeared first on CoinJournal.

Key takeaways

• Stellar’s XLM is down 3.4% and is now trading around $0.22.
• Derivatives data signals a bearish positional buildup, with further downside expected in the near term.

XLM derivatives suggest further bearish price action

Stellar (XLM) is trading in the red zone for the seventh consecutive day, losing 3.4% of its value in the last 24 hours. The bearish performance comes as the broader cryptocurrency market is bleeding, with XLM now expected to retest the April low in the near term. 

XLM’s derivatives data shows that the bearish trend could grow thicker. Data obtained from CoinGlass shows that XLM futures Open Interest (OI) is in a largely declining trend, at $118.43 million, down from $124.72 million recorded yesterday. 

The declining OI suggests a decline in the notional value of XLM futures, with the total value of all active positions (long and short) currently on the decline. 

With XLM declining,  long liquidations over the last 24 hours totaled $406,740, outpacing short liquidations of $6,040. The long-to-short ratio chart shows that short positions increased to 53.37% today, up from 50.57% recorded on Monday. 

XLM could decline below the $0.20 psychological level

The XLM/USD 4-hour chart is bearish and inefficient as Stellar has underperformed over the last seven days. The coin is currently trading at $0.222, retesting the June low of $0.217.

If the bearish trend continues, XLM could drop below the $0.2001 level marked by the April 7 low. An extended bearish trend could see the cross-border remittance token aim for the support at $0.1642, followed by the annual low of $0.1600. 

Currently, the technical indicators are bearish, suggesting that sellers are in control. The Relative Strength Index (RSI) is at 35, pointing toward the oversold zone. Furthermore, the Moving Average Convergence Divergence (MACD) is falling steeply after crossing below the signal line a few hours ago.

However, if the bulls regain control, XLM could flip the bearish narrative and retest the $0.2579 support-turned-resistance.

The post Stellar Lumen price prediction: XLM retests the June low, eyes further dip appeared first on CoinJournal.

Key takeaways

• ONDO is down 10% in the last 24 hours and briefly dropped below the $0.40 support level.
• The coin could retest lower support levels as the price action remains bearish.

ONDO recovers after dipping below $0.40

ONDO is one of the worst performers among the top 100 cryptocurrencies by market cap, as it has lost 10% of its value in the last 24 hours. At press time, ONDO is trading at $0.41, slightly recovering from its dip below $0.40.

The bearish performance comes despite Ondo Finance announcing on Monday that it plans to integrate with Solana (SOL) in early 2026 to expand its tokenized stocks and Exchange Traded Funds (ETFs) platform. 

According to its X post, Ondo will bring ETFs to the Solana network. While this announcement signals a bullish outlook for ONDO, the coin has underperformed over the last 24 hours. 

It’s coming.

The largest platform for tokenized stocks and ETFs is coming to @Solana in early 2026.

Wall Street liquidity meets internet capital markets. pic.twitter.com/CmMFT2UTFu

— Ondo Finance (@OndoFinance) December 15, 2025

The integration is set to enhance scalability, liquidity, and tap into SOL’s fast-growing user base, broadening Ondo’s ecosystem and adoption. 

The bearish performance aligns with ONDO’s declining open interest on the Binance exchange, which currently stands at $22.32 million, close to its 2025 low. The decreasing open interest suggests that traders are closing their positions, with speculative interest currently declining. 

ONDO could retest $0.34 as bears remain in control

The ONDO/USD 4-hour chart is bearish and inefficient as Ondo has lost 10% of its value in the last 24 hours. 

The coin faced a rejection at the $0.52 resistance level last week and has lost 16% of its value since then. If the downward trend continues, ONDO could retest the $0.34 support level in the near term.

The October 10 low of $0.24 could serve as another strong support in the coming weeks or months. 

The Relative Strength Index (RSI) on the 4-hour chart is at 32, pointing downward toward oversold conditions, indicating strong bearish momentum. Furthermore, the Moving Average Convergence Divergence (MACD) indicator is showing a bearish crossover, adding confluence to the negative outlook.

However, if the bulls recover, ONDO could rally towards the $0.52 resistance level once again. 

The post ONDO price prediction: Will Ondo defend the $0.40 psychological level? appeared first on CoinJournal.

Key takeaways

• XRP is down 1% in the last 24 hours and is trading at $1.99.
• Failure to defend the $1.96 support could see XRP dip lower.

XRP drops below $2

The cryptocurrency market has underperformed over the past few days, with Bitcoin and other major coins currently in the red. Bitcoin, the leading cryptocurrency by market cap, has dropped below $90k and could retest lower levels if the bearish trend continues.

XRP, the native coin of the Ripple blockchain, is also in the red zone, after losing 1% of its value in the last 24 hours. The bearish performance means that XRP was unable to defend the $2.0 psychological level, as it is now trading at $1.99.

The bulls will now be forced to defend the $1.96 suppport level as failure to do so could see XRP record massive losses over the next few days. Currently, the market is still consolidating, with no clear direction in sight. 

XRP could extend its decline if bulls fail to defend the $1.96 support

The XRP/USD 4-hour chart is bearish and inefficient, with the inefficiency caused by the October 11 deleveraging event. Since then, XRP has failed to rally to the $2.7 level to gain efficiency. 

The cryptocurrency lost 3.22% of its value last week, making it the second consecutive week of losses. At press time, XRP hovers around $1.99.

If XRP fails to recover and closes the daily candle below the $1.96 support, it could extend the decline toward the next daily support at $1.77.

The RSI on the 4-hour chart is 41, below its neutral level of 50, indicating that bearish momentum is gaining traction. The MACD lines are also converging, adding more confluence to the consolidating market condition. 

On the flip side, if XRP stays above the $1.96 daily support, it could extend the rally toward the next daily resistance at $2.35.

The post Ripple price forecast: XRP retests the $1.96 support appeared first on CoinJournal.