Ether price forecast: ETH eyes further recovery as price nears $4,200

TL;DR

  • ETH is up 8.5% in the last 24 hours and is now trading above $4,100.
  • The coin could extend its recovery if the daily candle closes above $4,232. 

ETH tops $4,100 after Friday’s flash crash

Ether, the second-largest cryptocurrency by market cap, is recovering excellently following Friday’s crash. The market crash saw ETH briefly touch the $3,500 region as it lost over 30% of its value within an hour.

However, the coin has now added 8.5% to its value over the last 24 hours and is now trading at $4,165 per coin. The crash was caused by President Trump announcing new tariffs against Chinese imports.

While commenting on the recent market events, Nick Forster, Founder at leading onchain options platform, Derive.xyz, stated that, on the day of the crash, options skew dropped sharply for both BTC and ETH, reflecting a rush into downside protection. Skew measures the relative demand for calls versus puts; a more negative value indicates higher demand for puts.

“Volatility spiked sharply across BTC and ETH markets. Typically, sharp selloffs only lift short-dated volatility (1-7 DTE) as traders expect near-term turbulence to subside. However, Friday’s downturn drove elevated volatility across all expiries, signaling expectations of sustained turbulence and a choppy road ahead,” Forster added. 

ETH could surge higher if the daily candle closes above $4,232 resistance

The ETH/USD 4-hour chart is bearish and inefficient thanks to Friday’s price action. ETH failed to find support around the daily level at $4,488 last week and dumped by over 20% on Friday. However, it has recovered slightly, closing above $4,150. At press time, ETH hovers at around $4,160.

ETH/USD 4H Chart

Like Bitcoin, Ethereum’s MACD still supports the bearish view but could change soon as the buying pressure increases. The RSI of 54 is above the neutral 50, suggesting that buyers are regaining control of the market. 

If ETH continues its recovery and closes above the daily resistance at $4,232, the coin could surge higher towards the next key resistance level at $4,488. However, failure to overcome the $4,232 resistance could see ETH extend its decline toward the 61.8% Fibonacci retracement level at $3,593 in the coming days.

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Ripple price forecast: XRP could slip below $2.70

Key takeaways

  • XRP is down 1% in the last 24 hours and risks dropping below the $2.70 support level.
  • The bearish performance comes as Bitcoin and other leading altcoins underperform.

XRP continues to struggle below $3

XRP, the native coin of the Ripple ecosystem, is the worst performer among the top 10 cryptocurrencies by market cap this week. The coin lost 7% of its value in the last seven days and gave up its spot in the market list to BNB. 

The poor performance has seen XRP struggle to hit the $3.0 mark despite Bitcoin racing to a new all-time high and Ether surpassing $4,700. With Bitcoin’s rally currently undergoing a correction, XRP could face further downside movement in the near term.

The futures Open Interest (OI) continues to be poor, suggesting that traders are not optimistic of an XRP rally in the near term. The poor performance could see XRP drop below its crucial support level in the near term. 

XRP could dip below $2.70 as the bearish trend continues

The XRP/USD 4-hour chart is bullish and efficient despite XRP losing 7% of its value this week. Its price faced rejection from the upper trendline boundary since last week and has lost 8% of its value by Thursday. The poor performance saw XRP close below the 100-day Exponential Moving Average (EMA) at $2.85. At press time, XRP is trading at $2.808 per coin. 

XRP/USD 4H Chart

The RSI of 36 is below the neutral level of 50, indicating bearish momentum is gaining traction. If the bearish trend continues, XRP could enter the oversold region soon. Furthermore, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover earlier this week, flashing sell signals in the near term. 

If the correction persists, XRP could extend its decline towards the daily support at $2.70. A further downward movement could see XRP drop to the $2.68 low in the near term. 

However, if XRP recovers, it could extend its rally towards the key resistance level at $3.0 over the coming hours and days.

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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. 

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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.

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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.

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