Kategorie: Crypto Analysis

Daily headlines and news about crypto analysis.

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JUP eyes $0.50 on JupUSD stablecoin launch; Check forecast

Key takeaways

  • JUP, the native token of the Jupiter DEX, is up by less than 1% in the last 24 hours, but could rally higher in the near term.
  • Jupiter is developing its own stablecoin, JupUSD, thanks to its partnership with Ethana Labs.

Jupiter to launch the JupUSD stablecoin

Solana-based decentralized exchange Jupiter announced on Wednesday that it will launch its own stablecoin, JupUSD, by the end of the year. The team added that the stablecoin will be native to the Solana blockchain and tightly integrated across Jupiter’s ecosystem, including its perpetuals platform, lending markets, and trading interfaces.

Jupiter is developing the stablecoin thanks to its partnership with Ethana Labs. Furthermore, JupUSD will be fully collateralized by Ethana Labs’ USDtb, a stablecoin that’s backed by treasury funds, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).

JUP eyes $0.50 despite bearish PA

The JUP/USD 4H chart is bearish and efficient as Jupiter has lost 7% of its value in the last seven days. The news of the development of the JupUSD stablecoin could push JUP’s price higher in the near term.

The RSI of 43 is below the neutral 50, indicating that sellers are currently in control of the JUP/US pair. Furthermore, the MACD lines are within the negative territory, suggesting a bearish trend.

JUP/USD 4H Chart

At press time, JUP is trading at $0.4367. If the coin recovers from its slump, it could surge higher towards the TLQ and resistance level at $0.477. An extended rally would allow the coin to top the $0.50 mark for the first time since September 22. 

However, failure to leverage the positive ecosystem news could see JUP drop to the support level at $0.41. This support level will likely hold in the near term, with bulls looking to leverage the growth of the broader cryptocurrency market. 

The post JUP eyes $0.50 on JupUSD stablecoin launch; Check forecast appeared first on CoinJournal.

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Economist Timothy Peterson puts Bitcoin price forecast at $140,000 by end of this month

  • Timothy Peterson’s market simulation shows a 50% chance Bitcoin hits $140K in October.
  • Bitcoin recently hit $126K, needing a 14.7% rise to reach $140K.
  • Other analysts, however, note likely short-term pullbacks before potential sustained gains.

Economist Timothy Peterson has projected that Bitcoin could reach $140,000 before the end of October, citing data-driven simulations that indicate a 50% probability of the world’s largest cryptocurrency closing the month above that mark.

The analysis, grounded in more than a decade of Bitcoin’s historical price behaviour, suggests that half of the cryptocurrency’s potential October gains may already have occurred.

Data-driven prediction, not speculation

Peterson’s projection, shared on X on October 7, 2025, was based on “hundreds of simulations” using Bitcoin’s daily price data since 2015.

“There is a 50% chance Bitcoin finishes the month above $140K,” he wrote, adding that there is a 43% chance it could finish below $136,000.

According to Peterson, the forecast is purely statistical, not influenced by sentiment or subjective opinion.

He emphasised that the results were “based purely on real data, not human emotion or biased opinion,” designed to reflect Bitcoin’s historical volatility and cyclical rhythm.

At the time of his analysis, Bitcoin was trading at around $122,000, having cooled slightly after setting a new all-time high of $126,200 earlier in the week.

Reaching $140,000 would require a roughly 14.7% gain from current levels, a move that aligns closely with Bitcoin’s average October performance over the past decade.

Historical data from CoinGlass shows that October has been Bitcoin’s second-best month since 2013, typically delivering gains of about 20.75%.

October’s historical significance for Bitcoin

Peterson explained that “Bitcoin’s performance in October isn’t ‘set up’ by September, it’s set up throughout the entire year.”

The economist linked Bitcoin’s seasonal strength to broader financial patterns, such as the end of third-quarter portfolio rebalancing, the start of fiscal year planning, and the approach of year-end reporting windows for investment funds.

These factors, he suggested, create favourable conditions for renewed capital inflows into Bitcoin and other risk assets.

While Peterson’s model offers a probability-based outlook, he cautioned that markets do not always conform perfectly to historical patterns.

Bitcoin’s past behaviour has occasionally diverged from expectations even when data indicated high confidence levels.

Nonetheless, he maintains that the model provides a “clear, probability-based picture” of where Bitcoin’s value is most likely to move in the short term.

Market sentiment leans bullish

Peterson’s forecast comes as market sentiment around Bitcoin remains generally optimistic.

Crypto analysts such as Jelle and Matthew Hyland have echoed bullish outlooks in recent days, highlighting Bitcoin’s successful retest of previous highs and suggesting that momentum could push prices further upward.

Earlier this week, Jelle posted, “It’s definitely over for bears. Send it higher,” while Hyland noted that “the pressure is building.”

However, not all voices in the market are calling for an immediate surge.

Analyst Ardi, known for his technical commentary, pointed out that Bitcoin often experiences a short-term pullback of around 5% after hitting new all-time highs.

Such moves, Ardi said, are typically followed by a period of choppiness and consolidation—a pattern that could play out again before any sustained rally.

Technical outlook supports Bitcoin’s upward potential

Technical indicators also appear to support a bullish bias in the near term.

According to market analysis, Bitcoin’s key support level stands at $120,899, with immediate resistance at $124,148 and a higher target of $126,021.

The cryptocurrency is currently trading above all major exponential moving averages (10, 20, 50, 100, and 200-day EMAs), signalling strong upward momentum.

Projections are that Bitcoin could reach around $121,633 in the coming days, with longer-term forecasts setting ambitious price targets of $221,485 for 2025.

The post Economist Timothy Peterson puts Bitcoin price forecast at $140,000 by end of this month appeared first on CoinJournal.

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XRP cedes 4th position to BNB. Will it recover soon? Check forecast

Key takeaway

  • Ripple’s XRP is down 4.6% in the last 24 hours and is now trading below $2.9.
  • It has lost its position in the market to BNB, with Binance’s native token now the third-largest crypto by market cap.

XRP dips below $2.9 as BNB overtakes it on the CMC list

XRP, the native coin of the Ripple ecosystem, has been underwhelming in recent days. It has been outperformed by BTC, ETH, BNB, and SOL over the past few days. The poor performance has seen it fail to overcome the $3.0 resistance level.

At press time, XRP is down 4.6% in the last 24 hours and is currently trading at $2.84 per coin. With a market cap of $170 billion, XRP has given up its position in the market to Binance’s BNB token. 

BNB has been rallying in recent weeks, hitting an all-time high of $1,336 on Tuesday. This allowed BNB to overtake XRP and Tether’s USDT to become the third-largest cryptocurrency by market cap, only behind Ether and Bitcoin. 

XRP could bounce back soon, with analysts expecting the coin to rally towards the $5 psychological mark before the end of the year.

XRP risks a decline to $2.71 if the bearish trend continues

The XRP/USD 4-hour chart remains bullish and efficient despite XRP’s recent poor performance. The coin experienced $22.3 million in futures liquidations over the past 24 hours, with long traders recording the biggest loss. 

The dip to $2.84 comes after XRP saw a rejection at the descending trendline resistance, which extends from July 21. The coin has now plunged below the convergence of the 50-day and 100-day Simple Moving Average (SMA).

XRP/USD 4H Chart
XRP/USD 4H Chart

If the bearish trend continues, XRP could dip towards the $2.71 support over the next few hours. The Relative Strength Index (RSI) of 44 means that sellers are currently in control, with the MACD lines also dropping into the negative territory. 

However, if the bulls recover and push XRP towards the $3.1 resistance level, they would need the support of the broader crypto market to target the August high of $3.38. Hitting that level could allow XRP to surpass its 2025 high of $3.66 in the medium term.

The post XRP cedes 4th position to BNB. Will it recover soon? Check forecast appeared first on CoinJournal.

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Chainlink price forecast: LINK eyes $25 as rally continues

Key takeaways

  • LINK is up 2% in the last 24 hours and is now trading above $22.
  • The coin could rally above $25 soon if the bullish trend continues.

LINK soars above $22 as integrations continue

LINK, the native coin of the Chainlink blockchain, is up 6.5% in the last 24 hours. The coin is now trading above $22 per coin and could rally higher in the near term. Its positive performance comes as Chainlink’s products have gained massive integration in recent weeks. 

On Monday, BNB Chain, one of the world’s largest blockchain ecosystems, adopted the Chainlink data standard to make official U.S. Department of Commerce data available onchain.

The adoption will allow developers to leverage this data to unlock innovative use cases, including: issuance of new types of digital assets, prediction markets leveraging transparent macroeconomic inputs, perpetual futures markets benchmarked to official government data, and DeFi protocol risk management.

LINK to rally above $25 amid bullish momentum

The LINK/USD 4-hour chart is bullish and efficient as Chainlink has performed excellently in recent days. With an RSI of 55, LINK is showing signs of growth and could record further bullish momentum in the coming days.

The MACD lines also crossed into the positive zone a few days ago, indicating that buyers are currently in control of the market. If the bullish trend continues, LINK could surge past the first major resistance level at $25.22. An extended rally would allow it to aim for the August high of $27.60.

LINK/USD 4H Chart

However, if LINK undergoes a correction, it could retest the TLQ and support level at $21.488. Failure to protect this level could see LINK decline towards the $20.3 region. LINK is currently bullish, with technical indicators suggesting further upward movement in the near term. The recent major integrations and increased activity within the ecosystem could allow LINK to rally higher over the coming days and weeks. 

The post Chainlink price forecast: LINK eyes $25 as rally continues appeared first on CoinJournal.

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BNB hits $1,250. How high can it go? Check forecast

Key takeaways

  • BNB has hit a new all-time high of $1,258.
  • The coin has rallied by over 20% in the last seven days, outperforming the broader market. 

BNB hits a new ATH as active monthly addresses soar

BNB, the native coin of the Binance ecosystem, has hit a new all-time high of $1,256. The rally comes as BNB Chain continues to set new and impressive records. BNB Chain monthly active addresses surged to an all-time high of 60 million, up 200% since the start of the year. 

In addition to that, BNB’s Total Value Locked (TVL) increased from $7.58 billion on September 27 to $8.69 billion on Monday, its highest level since May 2022. The surge in its TVL indicates growing activity within the BNB ecosystem 

Finally, data obtained from CoinGlass shows that the futures’ Open Interest (OI) in BNB at exchanges hit a new all-time high of $2.57 billion on Monday. The surge in OI shows that new money is entering the market, with buyers betting on BNB rallying higher in the near term. 

Will BNB hit $1,500 soon?

The BNB/USD 4-hour chart is bullish and efficient as the coin has been rallying in recent weeks. The coin rebounded from a key support level of $730.01 on August 3 to surpass $1k on September 21. 

BNB/USD 4H Chart

After retesting the low of $948.45 on September 26, BNB has added 24%  to its value and now trades above $1,250 per coin. If BNB continues its rally, it could hit the $1,300 mark in the near term. An extended rally would allow it to trade above $1,500 for the first time in its history. 

The BNB/USD 4-hour RSI of 81 shows that the coin is currently heading into the overbought region. The Moving Average Convergence Divergence (MACD) showed a bullish crossover last week, indicating a bullish bias. 

However, BB could face a correction following its recent rally. If that happens, BNB could find support at its recent low of $1,134.

The post BNB hits $1,250. How high can it go? Check forecast appeared first on CoinJournal.