Chainlink’s LINK could rally towards the $17 resistance level amid improved technicals.
Chainlink partnered with Mastercard on Tuesday, with the price surging by 11% afterward.
LINK hits $13 after Mastercard partnership, looks to rally higher
LINK, the native coin of the Chainlink blockchain, surged to the $13 mark yesterday after adding 11% to its value. At press time, the price of LINK stands at $13.284 and could rally higher in the near term.
The positive performance comes amid strong fundamentals. The ceasefire deal in the Middle East spurred a massive rally in the market. Furthermore, Chainlink announced on Tuesday that it has partnered with Mastercard to enable over 3 billion cardholders to buy crypto onchain.
In addition to leveraging Chainlink’s interoperability protocol and data standards, the partnership will also tap into key platforms and protocols, including Zerohash, Shift4 Payments, and XSwap.
LINK could rally towards the $17 resistance level
The LINK/USD 4-hour chart is currently bullish after the price defended the $11 support level over the weekend. The technical indicators are also bullish and suggest that LINK could rally higher in the near term.
The RSI of 62 shows that LINK is currently experiencing buying pressure from investors. If the momentum increases, the RSI could enter the overbought region of 80, last seen in May.
The MACD lines have also crossed into positive territory, indicating that the bulls are currently in control. While LINK/USD is bullish, the price is still inefficient. LINK could fill the fair value gap (FVG) at $12.4 before rallying higher.
With the bulls still in control, LINK could rally to the first resistance level at $14.23 in the coming hours or days. In the event of an extended bullish run, LINK could test the second major resistance level at $17 for the first time since May.
Overall, the LINK/USD pair is positive, and we might see a slight correction before the rally resumes.
Tron’s TRX recently overtook Dogecoin to become the 8th-largest cryptocurrency by market cap.
DOGE is currently up 5,5% in the last 24 hours and could rally higher after breaking a key resistance level.
DOGE’s market cap hits $24B, looks to overtake TRX
DOGE, the native coin of the Dogecoin ecosystem, is one of the best performers among the top 10 cryptocurrencies by market cap. The coin added 5.5% to its value in the last 24 hours and now trades at $0.1626.
The memecoin showed resilience despite market-wide volatility triggered by the U.S.-Iran conflict in the past week. However, it lost its 8th position in the market to Tron’s TRX last week.
Despite that, DOGE could soon overtake TRX if the current rally is sustained. DOGE has a market cap of $24.3 billion, while TRX’s market cap stands at $25.6 billion. Dogecoin could rally to new highs after bouncing from a two-month low of $0.1508, with technical indicators suggesting an upward movement from here.
DOGE could retest the $0.17-$0.18 resistance level
The DOGE/USDT 4-hour chart has turned bullish thanks to the ongoing market rally. At press time, the price of Dogecoin stands at $0.16356, and it could rally higher in the near term.
While the price action is inefficient, DOGE could retest the support level at $0.15788 before rallying to the next resistance level at $0.18060. An extended rally would allow DOGE to hit the next resistance level at $0.20 in the coming days.
The RSI of 56 shows that buyers are taking control of the DOGE/USDT pair and could push it higher. The MACD lines are also looking to cross into the negative zone, indicating a strong bullish momentum.
While the bulls are in control, the situation in the Middle East remains precarious and could deteriorate. If the bearish trend resumes, DOGE might retest the $0.145 lows again.
Ripple’s XRP is up nearly 8% in the last 24 hours and now trades above $2.18.
The coin could rally towards $2.33 after breaking past the $2.15 resistance level.
XRP bounces back on strong market conditions
XRP, the native coin of the Ripple ecosystem, is one of the best performers among the top 10 cryptocurrencies by market cap. It is up nearly 8% in the last 24 hours and is currently approaching the $2.20 mark.
The rally comes after President Trump announced a ceasefire between Israel and Iran on Monday. Analysts are optimistic that XRP could surge to new highs after overcoming the $2.15 resistance level in the near term.
XRP eyes $2.33 amid strong fundamentals
XRP is performing excellently thanks to strong fundamentals and technicals. The rally to $2.19 a few hours ago came with a $217 million volume, nearly 3x the average, establishing $2.06 as strong resistance.
The XRP/USD 4-hour chart is turning bullish thanks to this ongoing rally. The blue and red MACD lines are crossing into the positive zone, indicating that buyers are currently in control of the market.
A relative strength index (RSI) of 62 also shows strong buying pressure. The strong technicals could see XRP push towards the next resistance level at $2.33 over the next few hours.
If the bullish trend continues, XRP could be heading towards the 4-hour internal liquidity at $3.0064. An extended rally would enable it to touch the $3.2 level for the first time since January 2025. However, much of the rally would depend on the ongoing events in the Middle East.
If the ceasefire agreement between the two nations holds, then XRP and other major cryptocurrencies could rally higher. However, if the events reverse, XRP could face further corrections and could drop below the $2 mark once again.
Binance’s BNB is up 2.5% in the last 24 hours but could rally higher amid a strong market recovery.
Former executives from Coral Capital Holdings are planning to launch a BNB treasury firm, and this could see BNB’s price surge.
Build & Build Corporation to raise $100M to launch a BNB treasury
Former executives from Coral Capital Holdings have launched a firm called Build & Build Corporation and intend to invest in a BNB treasury. This is according to a recent report by Bloomberg.
According to the report, the firm is looking to raise $100 million to fund this plan. Build & Build Corporation will be led by former Coral Capital execs, including Patrick Horsman, Joshua Kruger, and Johnathan Pasch. The company also intends to go public through a reverse buyback of an unidentified Nasdaq-listed company.
The move could see BNB’s price soar in the medium to long term. Companies such as Strategy, Metaplanent, and GameStop have billions of dollars worth of Bitcoin treasury. A similar approach by Build & Build Corporation could see BNB’s price hit a new all-time high.
BNB eyes $700 amid improved fundamentals
BNB, the native coin of the Binance ecosystem, has performed positively over the last 24 hours following a bearish weekend. At press time, BNB is trading at $638, up 2.5% in the last 24 hours.
The positive performance comes amid the ceasefire between Israel and Iran. If the bullish momentum persists, BNB could surge to the $700 level soon. The technicals have also improved to reflect the current price action.
The BNB/USD 4-hour chart shows that the bulls are regaining control of the market. The RSI of 55 shows that BNB is moving into the positive zone after spending days in the negative territory.
The blue and red MACD lines are crossing into the positive region, indicating a strong bullish momentum for BNB. If the bullish trend persists, BNB will test the first major resistance level at $676 soon. In case of an extended rally, BNB could hit the $700 mark for the first time since February.
Token still near 2025 low despite short-term bounce.
Market activity remains muted across the Hedera network.
Recovery possible if price breaks above $0.15 zone.
Hedera’s native token HBAR is under mounting pressure as the network struggles with a sharp drop in stablecoin supply and declining market activity.
Despite gaining 5.61% in the past 24 hours to trade at $0.1372, HBAR remains close to its year-to-date low.
Over the past week, the token lost as much as 15% before staging a short-term bounce.
Meanwhile, Hedera’s stablecoin reserves have plummeted by more than 80% in just a month, highlighting severe liquidity issues that could weigh further on the token’s price.
Unless capital inflows pick up and on-chain activity rebounds, HBAR may breach critical support and extend its decline.
Stablecoin liquidity on Hedera drops to $41 million
According to data from DefiLlama, Hedera’s total stablecoin supply has declined to $41 million, marking its lowest level in the past 90 days.
This is a sharp reversal from the $216 million peak recorded last month.
The 80% drop reflects a broader decline in liquidity and user participation across the Hedera ecosystem.
Stablecoins are widely used as proxies for capital deployment in decentralised networks.
A significant contraction in their supply usually indicates reduced investor appetite for trading, lending, or yield farming.
This weakening demand reduces pressure on the native token to serve as gas or collateral, thereby putting more downside risk on HBAR.
If the stablecoin outflows continue, it may signal that users are migrating to alternative blockchains with more attractive yields or higher activity levels.
This could further strain Hedera’s token economy and its ability to retain value in a highly competitive decentralised finance (DeFi) landscape.
The sharp reduction in stablecoin reserves has created a liquidity crunch on the Hedera network.
This restricts user activity and narrows the avenues for deploying capital.
As a result, network participation has stagnated, and fewer tokens are circulating in DeFi protocols or decentralised applications.
Without a recovery in stablecoin activity or a major catalyst to draw new users, HBAR’s fundamentals may continue to deteriorate.
In such a scenario, the market could see sustained selling pressure as investors rotate out of underperforming assets.
A break below $0.13 could trigger further losses, with lower support zones yet to be tested.
However, the current outlook may shift if buyers begin to accumulate at discounted levels.
Reversal possible if bulls reclaim $0.15
Despite the prevailing downtrend, a bullish reversal is still possible.
If investor sentiment improves and stablecoin liquidity returns to the Hedera network, it could spark renewed interest in HBAR.
A decisive move above $0.15 would be the first technical signal of recovery.
Such a breakout would allow HBAR to challenge the $0.17 resistance next, potentially reversing the multi-week bearish structure.
Until then, the token remains vulnerable to further losses, especially if macro market conditions stay risk-averse or network fundamentals weaken further.
