Kategorie: Crypto Analysis

Daily headlines and news about crypto analysis.

Veröffentlicht am

Bitcoin stalls around $86k, could dip lower; Check forecast

Key takeaways

  • BTC is down by less than 1% in the last 24 hours and is currently trading below $87k.
  • It could dip lower if the bullish trend fails to prevail.

Bitcoin stalls around $86k

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices hover around key levels following a positive start to the week. The price action of the leading cryptocurrencies suggests fading bearish momentum. 

However, the bulls have failed to push prices higher, and Bitcoin could revisit lower support levels in the near term. However, if the support levels hold, Bitcoin could rally higher over the next few days.

Analysts are optimistic that Bitcoin’s price could appreciate in the medium to long term. While commenting on the current market conditions, Coinbase UK CEO Keith Grose said,

“Market conditions are shifting as institutions across Europe take a more structured and regulated approach to digital assets. We’re seeing clearer frameworks emerge, stronger infrastructure being developed, and early examples of central banks and financial institutions running controlled pilots to build practical understanding – including the Czech National Bank’s recent decision to test a small, ring-fenced portfolio of digital assets.”

Bitcoin’s price could face further pressure

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed in the last 24 hours. The leading cryptocurrency found support around the $80k psychological level on Friday and has slightly bounced back since then. 

At press time, Bitcoin is trading around $86,800 per coin after failing to overcome the $90k resistance level. If the recovery continues, BTC could rally toward the next key resistance at $90,000.  The ILQ and TLQ levels above $92k could also serve as short-term targets for Bitcoin. 

BTC/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart reads 47, after slipping below the oversold threshold last week, suggesting that downside pressure is declining. The MACD lines are also close to the bullish zone as buyers remain in control.

However, if BTC fails to overcome the $90k resistance, it could extend the decline toward the key psychological level at $80,000.

The post Bitcoin stalls around $86k, could dip lower; Check forecast appeared first on CoinJournal.

Veröffentlicht am

Stellar price forecast: XLM could rally higher as TVL hits new ATH

Key takeaways

  • XLM is trading above $0.24 after adding 2% to its value in the last 24 hours.
  • The cryptocurrency eyes a breakout as the Stellar blockchain hits a new TVL all-time high.

Stellar’s TVL hits a new all-time high

XLM has performed positively over the last 24 hours, adding 2% to its value during that period. The coin is now trading above $0.24 after adding over 10% in the previous two days.

The positive performance comes as Stellar’s Total Value Locked (TVL) has hit a new all-time high. According to DefiLlama, XLM’s TVL has reached a new all-time high (ATH) of $169.30 million on Tuesday. 

The surge in TVL suggests a growing activity and interest in the Stellar ecosystem, with more users depositing and using assets on XLM-based protocols. 

Data obtained from CryptoQuant also supports the positive outlook for XLM, with its spot and futures markets indicating large whale orders and buy dominance. These indicators point to a potential rally in the near term. 

XLM eyes $0.28 in the near term

The XLM/USD 4-hour chart is bearish and efficient as Stellar Lumen has added over 2% to its value in the last 24 hours. The coin found support around the weekly support level at $0.221 on Friday, and has added over 10% to its value since then. 

XLM/USD 4H Chart

Currently, XLM is trading at $0.248, close to the 38.20% Fibonacci retracement level of  $0.256, a key resistance zone. 

If XLM surges past the $0.256 resistance level, it could rally higher towards the 50-day Exponential Moving Average (EMA) at $0.292 over the next few hours or days. 

The 4-hour RSI of 54 is above the neutral 50, indicating a growing bullish trend. For the recovery rally to be sustained, the RSI must continue towards the overbought region. Furthermore, the MACD exhibited a bullish crossover over the weekend, signaling a buy opportunity and reinforcing the bullish thesis.

However, if XLM faces a correction, the bearish trend could extend toward the weekly support level at $0.221.

The post Stellar price forecast: XLM could rally higher as TVL hits new ATH appeared first on CoinJournal.

Veröffentlicht am

Pi Network price forecast: GCV and the Map of Pi 2.0 drive the narrative

  • Pi Network whale accumulation boosts PI coin despite Bitcoin and Ethereum losses.
  • Map of Pi 2.0 to enable real-world transactions with 140,000+ merchants.
  • Moderators debunk GCV, emphasising utility over speculative hype.

The Pi Network price has captured attention recently as the cryptocurrency steadily outperforms Bitcoin (BTC) and Ethereum (ETH) despite a broader market downturn.

While the wider crypto market struggles, PI coin has shown notable resilience, attracting growing investor interest and a surge in whale accumulation.

This renewed momentum coincides with key ecosystem developments, including the upcoming launch of Map of Pi 2.0 and ongoing discussions surrounding the controversial “Global Consensus Value” (GCV).

Pi Network price eyes breakout as whales step in

Pi Network (PI) has seen its value increase roughly 20% over the past month, in contrast to BTC and ETH, which have fallen 21% and 27%, respectively.

CryptoQuant summary data points to a major whale steadily accumulating PI coin, with purchases totalling over 2.4 million tokens in a single week, bringing the holder’s total stake to approximately 377 million PI, worth an estimated $91 million.

Such concentrated accumulation signals growing confidence in the token, particularly as technical indicators suggest bullish momentum.

The formation of a double-bottom pattern and the breakout from a falling wedge pattern have strengthened the case for a potential upward move toward $0.2920, marking the neckline of the double-bottom.

Market observers also highlight the role of regulatory clarity in bolstering Pi Network’s appeal.

The publication of a white paper advocating adherence to the Markets in Crypto-Assets Regulation (MiCA) positions PI coin favorably for potential European exchange listings.

Rumours about ISO alignment, though unverified, further contribute to investor optimism by suggesting that Pi Network could integrate with established financial standards.

Meanwhile, developers are promoting PI coin as a functional token for real-world applications, especially as it extends utility in artificial intelligence through its partnership with OpenMind.

GCV controversy and Map of Pi 2.0 shape sentiment

The debate over the “Global Consensus Value” has long stirred the Pi community.

Moderators have consistently rejected claims of a fixed, astronomical Pi price, such as the widely circulated figure of $314,159 per token.

These assertions, they argue, are misleading for new users and harmful to merchants attempting to price goods realistically.

By publicly denouncing GCV, the Core Team aims to protect the integrity of the ecosystem, especially during the Enclosed Mainnet phase, and steer attention toward legitimate development milestones.

Amid this backdrop, Map of Pi 2.0 emerges as a central driver of sentiment.

The upgraded platform, featuring over 140,000 verified Pi-accepting merchants and two million users, will introduce full on-chain payments, escrow functionality, multilingual support, and enhanced search tools.

By enabling secure, real-world transactions, Pi 2.0 emphasises practical utility over speculative hype, reinforcing Pi Network’s broader strategy of prioritising functional adoption rather than short-term price fluctuations.

PI price momentum and future outlook

Technical trends and market behaviour suggest that the Pi Network price may continue its upward trajectory if current support and momentum hold.

Momentum indicators, including the Relative Strength Index (RSI) and the MACD, point to increasing buying pressure, while whale accumulation adds a layer of credibility to the bullish thesis.

At the same time, the Pi Network team remains focused on building meaningful infrastructure, including AI-ready nodes and tools for developers, ensuring that utility and adoption remain the guiding principles behind growth.

While market speculation remains inevitable, the combination of whale activity, Map of Pi 2.0, and the debunking of GCV rumours creates a narrative centred on real-world application and investor confidence.

If PI price maintains its current trajectory, it may retest key resistance levels and continue outperforming major cryptocurrencies, offering a compelling case for both long-term users and new entrants interested in tangible use cases.

The post Pi Network price forecast: GCV and the Map of Pi 2.0 drive the narrative appeared first on CoinJournal.

Veröffentlicht am

Solana price recovery cut short as Pump.fun’s $436M USDC outflow spooks investors

  • Pump.fun’s $436M USDC outflow fuels Solana investor caution.
  • Currently, SOL struggles near $121–$123 support amid death cross risks.
  • Technical setups, however, hint at $160 target, but momentum remains weak.

Solana price has struggled to sustain its recent recovery after a volatile week, as concerns over ecosystem stability and broader market pressures weighed on the cryptocurrency.

Despite technical signals that had hinted at a potential rebound, investor caution has surged following a massive USDC outflow from Pump.fun, Solana’s leading meme coin platform.

The unexpected move has cast a shadow over the network’s short-term outlook, challenging bulls and reigniting debate over whether Solana (SOL) can regain momentum in the current market environment.

Pump.fun outflow rattles the market

The spotlight has shifted squarely onto Pump.fun after on-chain data from Lookonchain revealed a substantial transfer of 436.5 million USDC to the Kraken crypto exchange.

This outflow, originating from mid-October, comes amid growing uncertainty over the platform’s financial strategy and public silence.

Notably, investor confidence has visibly waned, with the PUMP token falling more than 22% over the past week, and the USDC movement has been interpreted as a potential cash-out, adding downward pressure on Solana’s broader ecosystem.

Furthermore, the USDC outflow is not an isolated event.

The same Lookonchain report indicates that Pump.fun also offloaded a large portion of Solana (SOL) holdings in recent months, including 3.93 million SOL moved to Kraken and 264,373 SOL sold on-chain.

These actions, combined with declining activity on the platform’s Mayhem Mode, signal reduced engagement, which could translate into lower network fee revenue for Solana and dampened investor sentiment.

The sharp decline in new tokens created under Mayhem Mode, from over 1,400 to fewer than 20 on November 21, according to data from the Dune platform, further illustrates the erosion of user participation.

Mayhem Tokens Created
Source: Dune

This wave of uncertainty arrives as Solana navigates a broader market landscape marked by extreme fear, with the crypto Fear & Greed Index registering 12/100.

On-chain volume data shows that while SOL remains active, liquidity pressures and ecosystem jitters are weighing heavily on the short-term outlook.

Solana price recovery prospects

Earlier, technical analysts had pointed to a potential rebound in Solana’s price.

They noted that SOL reclaimed its 4-hour trend line, signalling momentum recovery ahead of other major assets.

Trader Cobb highlighted a breakout above short-term resistance levels near $143–$145, while GTradeCrypto identified a breakout from a symmetrical triangle and a possible incoming inverse head and shoulders breakout.

This pattern pointed to a measured move toward $160, raising hopes of a more sustained recovery.

But despite these bullish indicators, SOL remains confined within a descending channel that has dictated price action since mid-September.

The formation of a death cross on the daily chart, with the 50-day moving average crossing below the 200-day moving average, has added caution to the technical outlook.

Death cross formation on the Solana daily chart
Solana price analysis | Source: CoinMarketCap

While recent candlesticks display long lower wicks, indicating aggressive buying at support levels between $121–$123, the market has yet to demonstrate sustained momentum.

A close above $144–$146 would be needed to validate early strength, with a breach of $172 signalling a meaningful trend shift.

Meanwhile, the broader technical structure hints at a potential cup-and-handle formation, with the weekly price range between $128–$180 remaining intact.

On-chain volume supporting the network’s activity suggests that underlying demand persists despite near-term volatility.

The post Solana price recovery cut short as Pump.fun’s $436M USDC outflow spooks investors appeared first on CoinJournal.

Veröffentlicht am

Ripple price forecast: XRP bounces back above $2.0 as the $1.9 support holds

Key takeaways

  • XRP is up by less than 1% and is now trading above $2.
  • The cryptocurrency could rally towards the $2.2 level in the near term.

XRP recovers as selloff temporarily halts

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the new week positively as they slightly recover from last week’s massive correction. These top three cryptocurrencies are currently trading above their key support levels, suggesting recovery continuation. 

Despite that, the market sentiment remains fragile, and the bearish trend could continue. XRP has lost 10% of its value since last week as the broader crypto market liquidated over $1 billion worth of leveraged positions within hours. 

The massive liquidations came as Bitcoin dropped towards the $81k level, while XRP failed to hold its value above $2.0. Ether also dropped below $3k for the first time in months.

However, the market is showing signs of recovery, and XRP could rally higher in the near term. Currently, the market is inefficient on several timeframes, and this could result in a temporary rally.

XRP recovers as the $1.96 support level holds

The XRP/USD 4-hour chart is bearish and inefficient thanks to XRP’s sudden dump last week. XRP’s price faced rejection from the 50-day EMA at $2.38 on November 13 and lost 19% of its value in the following eight days, hitting a low of $1.82 on Friday. 

XRP/USD 4H Chart

The cryptocurrency has rebounded slightly after retesting its daily support level above $1.9 over the weekend. At press time, XRP is trading above $2.05 per coin.

The RSI of 47 is close to the neutral 50, suggesting that bearish pressure is easing and supporting a recovery view. The MACD lines are also closing in on the bullish crossover. 

If the recovery continues, XRP could rally towards the next major resistance around $2.35 over the next few hours or days. However, if XRP undergoes another correction, it could retest the Friday low of $1.82 in the near term.

The post Ripple price forecast: XRP bounces back above $2.0 as the $1.9 support holds appeared first on CoinJournal.