XRP price jumps as Ripple secures Luxembourg EMI license

  • XRP price jumps 3.5% after Ripple gains Luxembourg EMI license approval.
  • XRP’s trading volume has surged 74%, signalling strong market and institutional interest.
  • The immediate XRP price support lies at $2.08, while the immediate resistance is at $2.29.

Ripple has secured preliminary approval for an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the CSSF.

The milestone positions Ripple to expand Ripple Payments across the European Union, bringing institutional-grade digital asset infrastructure to the region.

The market reacted positively to the news, with XRP price climbing 3.5% over the last 24 hours, slightly outperforming the broader crypto market’s 3.37% gain.

Trading volume also surged 74% to $4.65 billion, reflecting strong investor and institutional interest.

Ripple’s European expansion

This EMI license is a critical step for Ripple in scaling regulated payment services across Europe.

Luxembourg’s regulatory framework allows Ripple to passport its services across the EU and EEA under the upcoming MiCA regulations.

Ripple now has over 75 licenses and registrations worldwide and has processed more than $95 billion in transactions.

The company emphasises its role in bridging legacy finance with digital assets to unlock trillions in dormant capital.

With the EU leading in digital asset regulation, Ripple aims to help institutions move from pilot programs to commercial-scale operations.

The Luxembourg EMI license reinforces Ripple’s commitment to regulatory compliance, which could accelerate institutional adoption of XRP.

XRP price movement

Following the announcement, XRP price surged to $2.14, with a 24-hour range of $2.06 to $2.18.

The cryptocurrency crossed key technical thresholds, including the 7-day and 30-day SMAs, signalling bullish momentum.

The MACD histogram turned positive, while RSI remains at 61.63, indicating the market is not overbought.

XRP price analysis
XRP technical analysis | Source: TradingView

High volume confirms the breakout, reducing volatility risks and suggesting strong market conviction.

XRP’s gains were supported by a broader crypto market rally, with Bitcoin (BTC) and Ethereum (ETH) posting 3.1% and 3.0% gains, respectively.

The Fear & Greed Index at 52 reflected neutral sentiment, allowing XRP to slightly outperform its peers.

XRP price forecast

Traders should watch $2.08 as immediate support, which is critical for sustaining the recent rally.

The first major resistance sits at $2.19, followed by $2.29 and $2.36.

Holding above $2.08 could see XRP test these resistance levels, while a drop below may open the path to $2.00.

The Luxembourg EMI license approval adds a fundamental catalyst that could support XRP’s price in the medium term.

With regulatory clarity and institutional adoption on the rise, XRP is poised to capture further upside in the European market.

Investors and traders should, however, closely monitor whether XRP can maintain strong volume above $3.5 billion, which would validate its breakout and signal continued bullish momentum.

The post XRP price jumps as Ripple secures Luxembourg EMI license appeared first on CoinJournal.

Chiliz price forecast: CHZ extends rally as bulls eye the $0.06 level

Key takeaways

  • CHZ is up 7% in the last 24 hours and is now trading above $0.053.
  • The cryptocurrency could rally towards the $0.060 level if the bullish trend continues.

CHZ hits $0.054 as bulls take control

CHZ, the native coin of the Chiliz blockchain, is up 7% in the last 24 hours, making it one of the best performers among the top 100 cryptocurrencies by market cap. 

The positive performance comes as Chiliz continues to expand its Fan Token lineup ahead of the 2026 FIFA World Cup.

Chiliz announced via X on Tuesday that Socios has signed a new national football team to launch a Fan Token, following launches for Argentina, Portugal, and Italy, marking the fourth national team. 

This latest development has boosted the demand for CHZ, pushing its market cap above $550 million. 

However, despite the current outlook, CryptoQuant’s summary data supports a bearish forecast for CHZ. The data shows that both spot and futures markets are displaying signs of retail activity and overheating, suggesting a potential correction ahead.

CHZ bulls eye $0.06 amid strong technicals

The CHZ/USD 4-hour chart is bullish but inefficient thanks to its rally in the last 24 hours. At press time, CHZ is trading at $0.0533 after successfully closing above the daily resistance of $0.039 earlier this year. 

CHZ has encountered a slight rejection around the $0.054 level but could overcome it in the near term. If CHZ continues its upward trend, it could extend the rally toward the $0.060 psychological level, with a\ weekly resistance at $0.063, an interesting area for the bulls. 

CJHZ/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart reads 66 and is heading into the overbought region. The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, further supporting the bullish view.

However, if CHZ faces a pullback, it could dip towards the daily resistance-turned support level at $0.039.

The post Chiliz price forecast: CHZ extends rally as bulls eye the $0.06 level appeared first on CoinJournal.

XRP still trading below $2.1, eyes the $2.5 resistance: Check forecast

Key takeaways

  • XRP is trading above $2.0 after adding 1% to its value in the last 24 hours.
  • If the $2.0 psychological level holds, XRP could rally towards the $2.5 psychological region.

XRP is approaching the $2.1 technical area

XRP, the native coin of the Ripple ecosystem, is up 11.5% year-to-date and has maintained its value above $2.0. 

The coin is now up 1% in the last 24 hours and is currently trading at $2.06 per coin. The positive performance comes as the broader cryptocurrency market recovers, with Monero’s XMR leading the charge.

Despite the recent price stagnation, growing institutional demand for spot XRP ETFs supports a bullish performance in the medium to long term. Furthermore, hopes for the Senate passing the Market Structure Bill reaffirm the bullish longer-term price targets. XRP could reclaim the $2.5 or $3.0 psychological levels if the U.S. Senate passes the Market Structure Bill in the coming days or weeks. 

However, the cooling of interest from institutional and retail investors could negatively affect XRP’s performance in the near term.

XRP targets $2.5 as support levels hold

The XRP/USD 4-hour chart remains bearish and efficient despite Ripple adding 11% to its value since the start of the year. However, the structure could shift bullish soon as the crucial support levels hold.

The Moving Average Convergence Divergence (MACD) lines are within the negative territory, indicating a bearish bias. The RS also stands at 43, below the neutral 50, suggesting that the sellers are currently in control.

XRP/USD 4H Chart

If the bearish bias persists, XRP could dip below $2.0 and retest the $1.92 support level. An extended bearish run would see the cryptocurrency touch the $1.81 support for the first time since December 31.

However, if the current support level holds, XRP could rally towards the recent resistance level of $2.2. A daily candle closing above this level will bring the $2.5 psychological region into focus.

The post XRP still trading below $2.1, eyes the $2.5 resistance: Check forecast appeared first on CoinJournal.

BNB coin on the verge: possible breakout could propel price toward $1,000

  • Binance Coin (BNB) tests key resistance near $931 for a potential breakout.
  • Price could target $960–$1,000 if resistance is broken.
  • Binance ecosystem upgrades and liquidity programs boost demand.

The Binance token, BNB coin, currently trading around $907.84, is holding its position as the fourth-largest cryptocurrency by market capitalisation.

With a market cap of over $125 billion, Binance Coin (BNB) has surpassed XRP, signalling its growing influence among top-tier digital assets.

BNB coin price technical analysis

BNB has been trading within a consolidation range between $894 and $920 for the past several days.

Most notably, the token is testing key resistance near $931, which has capped price advances recently.

A decisive daily close above this level could open the door for a strong upward move.

Short-term traders should closely watch the support around $856–$880, which has proven resilient in absorbing sell pressure.

Technical indicators suggest a potential breakout, with the 20-day EMA trending above the 50-day EMA, signalling bullish momentum.

Momentum indicators, including RSI around 58 and a bullish MACD crossover, add to the positive outlook.

BNB coin price analysis
BNB Coin price analysis | Source: TradingView

Furthermore, past trading patterns, like ascending triangles and Adam & Eve reversal formations, indicate that BNB may be primed for a significant surge.

Derivatives data also support this sentiment, with futures open interest rising to $1.5 billion and long-to-short ratios favouring bullish positions.

Funding rates flipping positive further suggest that traders are anticipating gains in the near term.

Binance ecosystem catalysts

The rise of BNB coin is not only technical but also fundamental.

The BNB Chain Foundation recently launched a $100 million liquidity program to support DeFi, gaming, AI, and ecosystem tokens.

This initiative strengthens the network’s adoption and increases on-chain activity, which can drive further demand for BNB.

An upcoming Fermi hard fork is also expected to improve block speed and throughput, making the network more efficient for users and developers.

Binance’s strategic support for memecoins and high-volume trading pairs has also contributed to BNB’s momentum.

BNB coin price forecast

Investors and traders should closely monitor BNB’s price action, as a decisive move above current resistance levels may mark a new phase of growth for the Binance ecosystem.

If the BNB coin price successfully breaks above the $931 resistance, the next short-term targets could range from $960 to $1,000.

Failure to surpass this level could see BNB retest support zones around $856–$880, maintaining a range-bound pattern.

The current consolidation, combined with strong on-chain activity and bullish derivatives positioning, suggests that BNB is on the verge of a breakout.

The post BNB coin on the verge: possible breakout could propel price toward $1,000 appeared first on CoinJournal.

PancakeSwap (CAKE) price outlook: supply cuts, technical rebound, and key January catalysts

  • PancakeSwap (CAKE) has rebounded 1.8% as volume surged and short-term momentum improved.
  • The proposal to cut CAKE supply by 11.1% could support price stability.
  • January catalysts include the BNB Chain upgrade and PancakeSwap AMA.

PancakeSwap (CAKE) is back in focus as traders reassess its price outlook amid governance-driven supply changes, improving technical signals, and several important January catalysts.

After weeks of pressure, CAKE has shown early signs of stabilisation, drawing renewed attention from both traders and long-term participants.

At press time, PancakeSwap (CAKE) was trading around the $2.00 level, after a 1.8% gain over the last 24 hours.

This rebound follows a sharp 10.29% decline over the past 30 days, highlighting persistent volatility in the PancakeSwap price.

In this article, we explore how supply dynamics, technical indicators, and ecosystem events could influence the PancakeSwap (CAKE) price outlook.

PancakeSwap’s CAKE supply cut proposal

One of the most closely watched developments is PancakeSwap’s governance proposal to reduce CAKE’s maximum supply.

The proposal seeks to cut the max supply from 450 million to 400 million tokens, representing an 11.1% reduction.

This move builds on Tokenomics 3.0, which already burned approximately 8.19% of the total supply in 2025.

If approved, only about 50 million CAKE would remain unminted, significantly lowering future dilution risk.

A clearer scarcity narrative often supports stronger long-term confidence, particularly in mature DeFi protocols.

Market participants are watching the governance vote outcome, expected by mid-January, as a potential trigger for increased demand.

The supply discussion also strengthens the broader SEO narrative around PancakeSwap (CAKE), supply discipline, and sustainable token economics.

January catalysts: BNB Chain upgrade and AMA exposure

January brings several ecosystem-level catalysts that could influence sentiment around PancakeSwap (CAKE).

The BNB Chain Fermi Hard Fork, scheduled for January 14, aims to reduce block times to roughly 0.45 seconds.

Faster blocks could improve decentralised exchange efficiency, indirectly benefiting PancakeSwap usage.

PancakeSwap already accounts for an estimated 40% of BNB Chain traffic, amplifying the impact of network upgrades.

On the same day, Stellar (XLM) is hosting an AMA with PancakeSwap, expanding cross-community visibility.

While the AMA is primarily informational, it reinforces PancakeSwap’s role within the broader DeFi conversation.

Together, infrastructure upgrades and ecosystem engagement add short-term relevance to the PancakeSwap price discussion.

Technical rebound and short-term momentum

From a technical perspective, CAKE has started to recover from oversold conditions.

The Relative Strength Index (RSI) has climbed from below 30 to approximately 48.5, moving out of deeply oversold territory.

At the same time, on the daily chart, the MACD indicator has printed a bullish crossover, with the histogram turning positive for the first time in over a week.

PancakeSwap price analysis
PancakeSwap price analysis | Source: TradingView

These signals suggest improving short-term momentum for the PancakeSwap price.

PancakeSwap (CAKE) price forecast

The PancakeSwap price forecast hinges on whether supply cuts, technical momentum, and January catalysts can align.

Approval of the supply reduction proposal would likely strengthen the bullish case by reinforcing scarcity.

Sustained trading volume and a hold above the $2.02 support level are critical for near-term stability.

A breakout above $2.15 could shift momentum toward a short-term bullish continuation.

However, failure to hold current levels may expose CAKE to renewed downside pressure.

The post PancakeSwap (CAKE) price outlook: supply cuts, technical rebound, and key January catalysts appeared first on CoinJournal.