Kategorie: Crypto Analysis

Daily headlines and news about crypto analysis.

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Ethereum price prediction: ETH could hit $4,800 amid bullish on-chain data

Key takeaways

  • Ether reclaimed the $4,600 level a few hours ago after the Fed cut its benchmark interest rate.
  • The leading altcoin could hit the $4,800 resistance level soon amid strong on-chain data.

Ether hits $4,600 as market conditions turn bullish

Ether, the second-largest crypto by market cap and the leading altcoin, is up by more than 1% in the last 24 hours. The positive performance allowed Ether to hit the $4,600 mark a few hours ago, but it has now slightly retraced to trade at $4,580.

The rally comes as the Federal Reserve (Fed) reduced its interest rate by a quarter percentage point on Wednesday. Fed Chair Jerome Powell stated that there was no basis for a larger cut as he defended the Fed’s decision to wait till now to lower interest rates.

Furthermore, Ethereum (ETH) on-chain data shows bullish, suggesting that the coin could rally higher in the near term. The  Ethereum network is experiencing rising whale demand, low selling pressure, network activity recovery, and an increasing stablecoin supply. These strong 

ETH eyes $4,800 as momentum indicators turn bullish

The ETH/USD 4-hour chart is bullish and efficient thanks to Ether’s rally in recent days. The momentum indicators have switched bullish as the market has turned green, with further gains expected in the near term.

The RSI of 54 shows that buyers have regained control of the market. The MACD lines have also crossed over into the bullish zone. If the bullish trend continues, Ether could top the $4,778 resistance level in the near term. However, it would need the support of the broader market to topple its current all-time high price of $4,956. 

ETH/USD 4H Chart

If the market decides to undergo a correction after this rally, ETH could retest the recent support level of $4,427. Failure to defend this support could see ETH drop further down towards $4,202.

The post Ethereum price prediction: ETH could hit $4,800 amid bullish on-chain data appeared first on CoinJournal.

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Chainlink price outlook: Saudi Awwal Bank partnership and shrinking reserves signal bullish breakout

  • Saudi Awwal Bank taps Chainlink to build regulated on-chain finance apps.
  • LINK exchange reserves have fallen to multi-year lows, signalling accumulation.
  • LINK’s price has held the $23 support but faces strong resistance near the $25 level.

Chainlink’s LINK token is holding firm near $23 as its partnerships expand and exchange balances fall to multi-year lows.

The combination of institutional adoption, a push into artificial intelligence (AI) infrastructure, and tightening token supply has set the stage for a potential breakout, though traders remain cautious at critical resistance levels.

Saudi Awwal Bank partners with Chainlink for blockchain finance

Saudi Awwal Bank, one of the largest banks in the Kingdom with more than $100 billion in assets, has signed an agreement with Chainlink to begin building regulated on-chain finance applications.

Developers at the bank will use Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Chainlink Runtime Environment (CRE) to create tokenised applications that can connect Saudi markets to global blockchain networks.

The agreement aligns with Crown Prince Mohammed bin Salman’s Vision 2030, which aims to diversify the economy beyond oil revenues.

By partnering with Chainlink, the bank is opening a path for tokenised capital markets, an industry valued at more than $2.3 trillion in Saudi Arabia.

This move could accelerate the adoption of regulated blockchain infrastructure in the region, placing Chainlink at the heart of institutional finance in the Middle East.

Chainlink’s institutional push meets AI expansion

The Saudi deal comes on the heels of another strategic move.

On September 16, Chainlink announced it had joined AethirCloud’s AI Unbundled Alliance, a program designed to advance Web3 artificial intelligence infrastructure.

Through this initiative, Chainlink will provide its CRE platform to developers working on AI-powered decentralised applications while also funding hackathon bounties and targeted grants.

By joining the alliance, Chainlink has extended its role from powering decentralised finance (DeFi) to enabling verifiable AI workflows across both blockchain and traditional systems.

This broadens Chainlink’s appeal and positions LINK as a critical piece of infrastructure in the next phase of Web3 adoption.

Shrinking LINK reserves point to accumulation

While adoption headlines are encouraging, on-chain data may be giving an even clearer signal.

The number of LINK tokens held on centralised exchanges has dropped from nearly 200 million in 2023 to about 158.1 million in September 2025.

The steady decline reflects accumulation by long-term holders and reduces the amount of supply available for immediate sale.

In previous cycles, sharp drops in exchange reserves have often preceded major rallies.

This trend, combined with growing institutional partnerships, has strengthened the bullish case for LINK despite recent market hesitation.

Notably, the shrinking reserves are a sign of tightening liquidity that could fuel a price breakout if demand rises.

Chainlink price outlook points to a potential breakout

The current mix of supply-side tightening, expanding institutional use cases, and Chainlink’s entry into AI infrastructure has created a constructive backdrop for LINK.

While short-term sentiment shows caution, the long-term setup is tilted toward growth as demand converges with reduced token availability.

At press time, LINK traded at $23.28 with a market capitalisation of $15.79 billion, according to Coingecko.

The token has traded between $23.18 and $23.73 in the past 24 hours and remains up more than 119% over the past year.

However, it is still trading 55% below its all-time high of $52.70 set in May 2021.

Technical indicators suggest a period of consolidation, with LINK holding support above $23.

However, bulls face heavy resistance at $25. A decisive close above that level could open the way to $26.1 and beyond.

If adoption in Saudi Arabia accelerates and the AI alliance delivers traction, traders believe Chainlink could overcome resistance and aim for higher targets, with some analysts pointing to $52 as a possible milestone by year-end.

On the downside, a break below $23 risks a retreat toward $20 or even $19.53, which analysts view as a key support zone.

The post Chainlink price outlook: Saudi Awwal Bank partnership and shrinking reserves signal bullish breakout appeared first on CoinJournal.

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Shiba Inu price prediction after the Shibarium Hack: critical support tested

  • Shibarium exploit drained $2.4M, shaking Shiba Inu investor confidence.
  • Shiba Inu (SHIB) recently tested its 200-day SMA support after a 13% two-day drop.
  • Buyers are dominating Shiba Inu futures, hinting at a possible breakout above $0.000017.

Shiba Inu has found itself at the centre of market attention after a sudden downturn triggered by a major exploit on its Shibarium network.

The exploit has shaken investor confidence, pushed the memecoin prices lower, and left the community questioning the security of one of the most prominent meme coin ecosystems.

At the same time, traders are closely watching technical indicators that suggest a potential breakout could be on the horizon if key levels hold.

The Shibarium hack: what happened?

The Shibarium hack, which drained an estimated $2.4 million from the Shibarium bridge, was orchestrated through a carefully executed flash loan attack.

By borrowing millions in Bone ShibaSwap tokens, the attacker gained majority control over validator keys and signed off on a malicious state, siphoning funds from the network.

Tikkala Research, a blockchain security firm, later confirmed that the exploit extended further, with compromised signer keys linked to ShibaSwap pushing the total loss closer to $2.8 million.

However, developers have moved quickly to mitigate further losses, freezing staking and unstaking functions while shifting funds into a multisignature hardware wallet.

Security experts from PeckShield, Hexens, and Seal911 have joined the investigation, while the Shiba Inu team has also reached out directly to the attacker with an unusual on-chain bounty offer.

The bounty offers five Ether in exchange for returning the stolen assets, a proposal that remains active for thirty days but begins to shrink after the first week.

Shiba Inu’s lead ambassador Shytoshi Kusama has also broken weeks of silence to assure the community that he remains deeply involved.

Dismissing rumours of his absence as “preposterous,” Kusama confirmed he is working alongside lead developer Kaal Dhairya and others in what he described as a “war room.”

Kusama admitted the situation is complex and called for patience as the team works through the next steps with law enforcement and security specialists.

Market response

The fallout was immediate. Shiba Inu fell by more than 13% within 48 hours, dropping from a September high of $0.00001484 to an intraday low of $0.00001297.

The slide tested the token’s 200-day simple moving average, a critical support zone that traders are now watching closely.

Other tokens tied to the ecosystem were not spared either. Bone lost more than one-third of its value in just a few days, while K9 Finance’s KNINE token shed around 10%.

Shiba Inu price outlook

Despite the hack and the uncertainty that followed, Shiba Inu’s market sentiment has not collapsed entirely.

Shiba Inu derivatives data from Coinglass shows that buyers continue to dominate, signalling resilience even as spot prices hover near support.

Notably, the Shiba Inu price has been tightening within a symmetrical triangle pattern, with consolidation around $0.00001316.

Shiba Inu price analysis

A decisive breakout above $0.000017 could open the door for a move toward $0.00005, although that path will depend on whether confidence in the network can be restored.

The post Shiba Inu price prediction after the Shibarium Hack: critical support tested appeared first on CoinJournal.

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BNB targets $1k after setting a new ATH; Check forecast

Key takeaways

  • Binance’s BNB has set a new all-time high price of $962.
  • The coin could hit the $1k mark for the first time in history as market conditions remain bullish.

BNB sets a new all-time high of $962

BNB, the native coin of the Binance ecosystem, has been one of the best performers in recent weeks. The coin is up by more than 2% in the last 24 hours and has hit a new all-time high of $962.

At press time, BNB is trading at $952 as it slightly retraces from the all-time high price. However, it could rally higher towards the $1k psychological mark in the coming hours or days. Hitting the $1k mark could push BNB’s market cap towards $140 billion as it remains the 5th-largest cryptocurrency by market cap. 

With the Fed rate decision expected to be positive later today, BNB could record higher gains in the near term. BNB’s strong performance is supported by Binance’s position as the largest cryptocurrency exchange in the world. The crypto exchange processes over $20 billion in daily trading volume, which is nearly 5x that of the second-place Bybit.

BNB eyes $1k as market conditions remain bullish

The BNB/USD 4-hour chart is bullish but inefficient, suggesting that price could sweep liquidity to the downside before rallying higher. The bullish trend comes as BNB rallied to a new all-time high a few hours ago.

The RSI of 67 shows that BNB is within the positive region but is still not overbought, suggesting further room for growth. The MACD lines are also within the positive territory, indicating that buyers are currently in control of the market.

BNB/USD 4H Chart

If the bullish trend continues, BNB could surge to a new all-time high of $1k over the next few hours or days. An extended bullish run could see it attempt to hit the $1,100 mark for the first time in its history.

However, if BNB undergoes a correction following its recent rally, it could drop to the nearest TLQ and support level at $911. Failure to defend this support level could see BNB drop to the $870 region.

The post BNB targets $1k after setting a new ATH; Check forecast appeared first on CoinJournal.

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SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing

  • Google picks Sui for its new AI-driven payments protocol.
  • Tuttle Capital launches ETF series for SUI, LTC, and BONK.
  • SUI price must hold $3.47 support to target $3.73 and higher levels.

The Sui price has gained renewed momentum in recent days, driven by a series of developments that have firmly placed it in the spotlight.

From its selection as a launch partner for Google’s Agentic Payments Protocol (AP2) to the unveiling of new exchange-traded funds tied to SUI, the cryptocurrency’s market sentiment is heating up.

Combined with technical signals pointing toward heightened volatility, eyes are now on whether the token can sustain its current rally and push into higher price territory.

Google partnership sparks optimism

Sui’s most prominent catalyst is Google’s decision to name the blockchain as a launch partner for its Agentic Payments Protocol.

The AP2 framework is designed to enable artificial intelligence agents to handle financial transactions and payments on behalf of users.

The partnership has instantly boosted SUI’s profile as a blockchain positioned at the intersection of AI and finance.

Following the partnership announcement, the token’s price jumped nearly 4%, outpacing the broader market.

Trading activity also surged, with the daily volume rising to more than four times its average, an indication that institutional players may be building positions.

Even after the hype caused by the news, the price of SUI has managed to stay above the key $3.50 level, a sign of strength in the face of broader market uncertainty.

SUI ETF filing fuels institutional interest

Adding to the momentum, Tuttle Capital has filed for an “Income Blast” ETF series, which includes Sui alongside Litecoin and Bonk.

Turttle Capital Income Blast ETF series

The availability of an ETF product provides traditional investors with an accessible entry point to gain exposure to SUI without directly holding the token.

The filling, first revealed on September 12, fueled a price surge of more than 3% for SUI, Litecoin, and Bonk as traders reacted to the potential for broader institutional adoption.

Notably, this new product strengthens the bullish case for Sui by bridging retail and institutional markets.

ETF approval and launch are often viewed as turning points for digital assets, as they expand market reach and add legitimacy in the eyes of traditional finance.

SUI technical analysis reveals critical levels to watch

Beyond the headlines, market analysis reveals some technical levels that could determine SUI’s short-term direction.

According to analysis by CoinLore, the token must hold above $3.47 to maintain its current momentum.

A break above the first major resistance at $3.73 could open the door to $3.93, with a third ceiling at $4.24.

However, losing support at $3.47 could send the price back to $3.19, a level that would likely test the confidence of recent buyers.

Traders are also paying attention to volatility indicators. CryptoBullet, a widely followed analyst, highlighted that Bollinger Bands on SUI’s weekly chart are now the tightest in the token’s history.

According to CryptoBullet, previous squeezes at similar levels preceded explosive rallies of 253% and 404%.

Based on this pattern, CryptoBullet expects another sharp breakout, projecting a potential 150% to 200% move upward if momentum holds.

SUI price outlook

Technical signals suggest the token is approaching an inflexion point, with volatility building and key resistance levels in sight.

If SUI can maintain support above $3.47 and break through $3.73, traders may see it climb toward $4 and beyond in the coming weeks.

The Google AP2 partnership gives it a unique role in the future of AI-driven financial services, while the Tuttle Capital ETF launch enhances institutional visibility and access.

And with the fundamental analysis aligning with the technical analysis, the token is positioned for a potentially decisive breakout that could define its trajectory into the next quarter.

The post SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing appeared first on CoinJournal.