Kategorie: Crypto Analysis

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. 

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.

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.

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.

• 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.

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) 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.

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.

Key takeaways

• Monero has hit a new all-time high of $596 after outperforming the other major cryptocurrencies.
• XMR is currently the 12th-largest cryptocurrency by market cap.

XMR hits a new all-time high of $596

XMR, the native coin of the Monero blockchain, is the best performer among the top 20 cryptocurrencies by market cap. It is up 15% in the last 24 hours and is currently trading at $573 per coin.

The privacy coin hit an all-time high of $596 during the early hours of Monday, but has slightly retraced due to the poor performance by Bitcoin and other leading cryptocurrencies. 

XMR is up by nearly 35% since the start of the month as the Zcash developers’ crisis boosts capital rotation to Monero. If the coin crosses the $600 mark, it could rally towards a new all-time high of $640 in the near term.

The rally comes as privacy coins record excellent gains thanks to growing retail demand.  Zcash and other privacy-related assets, such as Canton, also advanced, extending gains that began in late December.

XMR could rally towards $700

The XMR/USD 4-hour chart is bullish but inefficient thanks to Monero’s violent upward movement since the start of the year. The technical indicators suggest that the coin could rally higher in the near term. 

The Relative Strength Index (RSI) is at 80, signaling intense overbought conditions with an underlying risk of unsustainable buying pressure. 

Furthermore, the Moving Average Convergence Divergence (MACD) extends the upward trend, suggesting heightened trend momentum.

If the rally continues, XMR could surge towards a new all-time high of $640, with the $700 psychological mark also a possibility in the near term.

However, if the bears regain control of the market, XMR could retest the $569 support level over the next few hours. An extended bearish performance could see XMR gain efficiency on the 4-hour timeframe at $489.

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