Kategorie: Crypto Analysis

Daily headlines and news about crypto analysis.

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Bitcoin price forecast: Will BTC push above $93k?

Key takeaways

  • BTC is up by less than 1% in the last 24 hours and is trading around $91,600.
  • The coin could rally higher as spot Bitcoin ETFs continue to record inflows.

Bitcoin ETFs record inflows

Bitcoin’s price is trading above the $91,600 mark on Friday after rebounding from key support levels over the weekend. The positive performance comes as institutional demand for Bitcoin increases, easing the recent selling pressure.

Data obtained from SoSoValue revealed that US-listed spot Bitcoin ETFs recorded a mild inflow of $21.12 million on Wednesday, after a positive flow of $128.64 million the previous day. 

According to Glassnode’s weekly report, Bitcoin remains structurally fragile, as it is still trading below the $93k resistance level. The report added that with a weakening market structure, liquidity becomes the key lens for understanding what comes next.

Analysts are confident that the recent selling pressure is declining as volatility drops. In an email to Coinjournal, Dr. Sean Dawson, head of research at the onchain options platform, Derive.xyz, stated that the next phase would depend on the Fed’s interest rate decision in December. He stated that,

“Markets are balancing on a knife’s edge, but sentiment has stabilised meaningfully as expectations of a rate cut continue to recover. The probability of a 25 basis point cut at the upcoming FOMC meeting collapsed to 39% just a week ago, yet has since surged back to nearly 87%. In response, BTC has staged a strong rebound, rallying more than 10% from $82K to $91.5K at the time of writing.”

The shift in macro expectations has eased some of the intense bearish pressure that dominated the options market through late October and November. The 25-delta skew, a key measure of relative demand for puts versus calls, has moved sharply off its lows.

Bitcoin could extend its recovery towards the $100,000 mark

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has recovered excellently from its recent dip. The leading cryptocurrency found support around the key psychological level of $80,000 last week and has added 6% to its value since then. 

At press time, BTC is trading above $91k. If the recovery continues, it could extend the rally toward the next key psychological level at $100,000.

BTC/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart is 61, pointing upward toward the overbought level, indicating a growing bullish momentum. Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Thursday, providing a buy signal and further supporting the potential continuation of the recovery.

However, failure to overcome the $93k resistance level could see Bitcoin retest the key support at $85,000.

The post Bitcoin price forecast: Will BTC push above $93k? appeared first on CoinJournal.

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XRP fails to push above $2.35 despite ETF inflow; Check forecast

Key takeaways

  • XRP is up by less than 1% in the last 24 hours and is trading at $2.2 per coin.
  • XRP ETFs continue to record inflows as institutions position for the next run.

XRP ETFs continue to record inflows

Ripple’s XRP is up by less than 1% in the last 24 hours and is currently trading above $2.2 per coin. The positive performance comes after XRP dropped below the $2.18 level on Wednesday.

Interest in spot XRP ETFs continues to improve since their launch two weeks ago. There are currently four XRP ETFs operating in the US, including Canary Capital’s XRPC, Bitwise’s XRP, Grayscale’s GXRP, and Franklin Templeton’s XRPZ.

Data obtained from SoSoValue reveal that the four XRP ETFs recorded  $35 million in inflows on Tuesday, bringing the cumulative volume to $622 million and net assets to $645 million. 

The inflow suggests that the market sentiment is improving, with more institutional investors positioning for a possible rally in the near to medium term.

However, retail demand remains low, with futures Open Interest (OI) still below $4 billion since the decline on November 11. CoinGlass data shows that XRP’s OI averaged $3.96 billion on Wednesday, down from $4 billion the previous day. XRP futures OI hit a record high of $10.94 billion on July 22 as XRP hit a high of $3.66. However, it has declined since then as XRP has lost nearly 50% of its value. 

If the OI recovers above $4 billion, it will signal growing retail demand, and XRP’s price could surge higher in the near term. 

XRP is still struggling below $2.35

The XRP/USD 4-hour chart is bearish and inefficient as XRP has failed to push past the $2.35 resistance level over the past few days. XRP tested and found support around the $1.85 level during the weekend and has added 15% to its value since then.

At press time, XRP is trading at $2.21 per coin.

XRP/USD 4H Chart

If XRP continues its recovery, it could rally toward the next daily resistance level at $2.35, which is close to its 50-day EMA at $2.37. The next major resistance level is around the $2.68 level. 

The 4-hour RSI of 58 is above the neutral level, indicating a growing bullish narrative. Furthermore, the MACD lines are also within the positive territory as buyers have been in control this week.

On the flipside, if XRP fails to surpass the $2.35 resistance, it could continue its correction toward the Friday low of $1.82 over the next few days.

The post XRP fails to push above $2.35 despite ETF inflow; Check forecast appeared first on CoinJournal.

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Bitcoin stalls around $86k, could dip lower; Check forecast

Key takeaways

  • BTC is down by less than 1% in the last 24 hours and is currently trading below $87k.
  • It could dip lower if the bullish trend fails to prevail.

Bitcoin stalls around $86k

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices hover around key levels following a positive start to the week. The price action of the leading cryptocurrencies suggests fading bearish momentum. 

However, the bulls have failed to push prices higher, and Bitcoin could revisit lower support levels in the near term. However, if the support levels hold, Bitcoin could rally higher over the next few days.

Analysts are optimistic that Bitcoin’s price could appreciate in the medium to long term. While commenting on the current market conditions, Coinbase UK CEO Keith Grose said,

“Market conditions are shifting as institutions across Europe take a more structured and regulated approach to digital assets. We’re seeing clearer frameworks emerge, stronger infrastructure being developed, and early examples of central banks and financial institutions running controlled pilots to build practical understanding – including the Czech National Bank’s recent decision to test a small, ring-fenced portfolio of digital assets.”

Bitcoin’s price could face further pressure

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed in the last 24 hours. The leading cryptocurrency found support around the $80k psychological level on Friday and has slightly bounced back since then. 

At press time, Bitcoin is trading around $86,800 per coin after failing to overcome the $90k resistance level. If the recovery continues, BTC could rally toward the next key resistance at $90,000.  The ILQ and TLQ levels above $92k could also serve as short-term targets for Bitcoin. 

BTC/USD 4H Chart

The Relative Strength Index (RSI) on the 4-hour chart reads 47, after slipping below the oversold threshold last week, suggesting that downside pressure is declining. The MACD lines are also close to the bullish zone as buyers remain in control.

However, if BTC fails to overcome the $90k resistance, it could extend the decline toward the key psychological level at $80,000.

The post Bitcoin stalls around $86k, could dip lower; Check forecast appeared first on CoinJournal.

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Stellar price forecast: XLM could rally higher as TVL hits new ATH

Key takeaways

  • XLM is trading above $0.24 after adding 2% to its value in the last 24 hours.
  • The cryptocurrency eyes a breakout as the Stellar blockchain hits a new TVL all-time high.

Stellar’s TVL hits a new all-time high

XLM has performed positively over the last 24 hours, adding 2% to its value during that period. The coin is now trading above $0.24 after adding over 10% in the previous two days.

The positive performance comes as Stellar’s Total Value Locked (TVL) has hit a new all-time high. According to DefiLlama, XLM’s TVL has reached a new all-time high (ATH) of $169.30 million on Tuesday. 

The surge in TVL suggests a growing activity and interest in the Stellar ecosystem, with more users depositing and using assets on XLM-based protocols. 

Data obtained from CryptoQuant also supports the positive outlook for XLM, with its spot and futures markets indicating large whale orders and buy dominance. These indicators point to a potential rally in the near term. 

XLM eyes $0.28 in the near term

The XLM/USD 4-hour chart is bearish and efficient as Stellar Lumen has added over 2% to its value in the last 24 hours. The coin found support around the weekly support level at $0.221 on Friday, and has added over 10% to its value since then. 

XLM/USD 4H Chart

Currently, XLM is trading at $0.248, close to the 38.20% Fibonacci retracement level of  $0.256, a key resistance zone. 

If XLM surges past the $0.256 resistance level, it could rally higher towards the 50-day Exponential Moving Average (EMA) at $0.292 over the next few hours or days. 

The 4-hour RSI of 54 is above the neutral 50, indicating a growing bullish trend. For the recovery rally to be sustained, the RSI must continue towards the overbought region. Furthermore, the MACD exhibited a bullish crossover over the weekend, signaling a buy opportunity and reinforcing the bullish thesis.

However, if XLM faces a correction, the bearish trend could extend toward the weekly support level at $0.221.

The post Stellar price forecast: XLM could rally higher as TVL hits new ATH appeared first on CoinJournal.

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Pi Network price forecast: GCV and the Map of Pi 2.0 drive the narrative

  • Pi Network whale accumulation boosts PI coin despite Bitcoin and Ethereum losses.
  • Map of Pi 2.0 to enable real-world transactions with 140,000+ merchants.
  • Moderators debunk GCV, emphasising utility over speculative hype.

The Pi Network price has captured attention recently as the cryptocurrency steadily outperforms Bitcoin (BTC) and Ethereum (ETH) despite a broader market downturn.

While the wider crypto market struggles, PI coin has shown notable resilience, attracting growing investor interest and a surge in whale accumulation.

This renewed momentum coincides with key ecosystem developments, including the upcoming launch of Map of Pi 2.0 and ongoing discussions surrounding the controversial “Global Consensus Value” (GCV).

Pi Network price eyes breakout as whales step in

Pi Network (PI) has seen its value increase roughly 20% over the past month, in contrast to BTC and ETH, which have fallen 21% and 27%, respectively.

CryptoQuant summary data points to a major whale steadily accumulating PI coin, with purchases totalling over 2.4 million tokens in a single week, bringing the holder’s total stake to approximately 377 million PI, worth an estimated $91 million.

Such concentrated accumulation signals growing confidence in the token, particularly as technical indicators suggest bullish momentum.

The formation of a double-bottom pattern and the breakout from a falling wedge pattern have strengthened the case for a potential upward move toward $0.2920, marking the neckline of the double-bottom.

Market observers also highlight the role of regulatory clarity in bolstering Pi Network’s appeal.

The publication of a white paper advocating adherence to the Markets in Crypto-Assets Regulation (MiCA) positions PI coin favorably for potential European exchange listings.

Rumours about ISO alignment, though unverified, further contribute to investor optimism by suggesting that Pi Network could integrate with established financial standards.

Meanwhile, developers are promoting PI coin as a functional token for real-world applications, especially as it extends utility in artificial intelligence through its partnership with OpenMind.

GCV controversy and Map of Pi 2.0 shape sentiment

The debate over the “Global Consensus Value” has long stirred the Pi community.

Moderators have consistently rejected claims of a fixed, astronomical Pi price, such as the widely circulated figure of $314,159 per token.

These assertions, they argue, are misleading for new users and harmful to merchants attempting to price goods realistically.

By publicly denouncing GCV, the Core Team aims to protect the integrity of the ecosystem, especially during the Enclosed Mainnet phase, and steer attention toward legitimate development milestones.

Amid this backdrop, Map of Pi 2.0 emerges as a central driver of sentiment.

The upgraded platform, featuring over 140,000 verified Pi-accepting merchants and two million users, will introduce full on-chain payments, escrow functionality, multilingual support, and enhanced search tools.

By enabling secure, real-world transactions, Pi 2.0 emphasises practical utility over speculative hype, reinforcing Pi Network’s broader strategy of prioritising functional adoption rather than short-term price fluctuations.

PI price momentum and future outlook

Technical trends and market behaviour suggest that the Pi Network price may continue its upward trajectory if current support and momentum hold.

Momentum indicators, including the Relative Strength Index (RSI) and the MACD, point to increasing buying pressure, while whale accumulation adds a layer of credibility to the bullish thesis.

At the same time, the Pi Network team remains focused on building meaningful infrastructure, including AI-ready nodes and tools for developers, ensuring that utility and adoption remain the guiding principles behind growth.

While market speculation remains inevitable, the combination of whale activity, Map of Pi 2.0, and the debunking of GCV rumours creates a narrative centred on real-world application and investor confidence.

If PI price maintains its current trajectory, it may retest key resistance levels and continue outperforming major cryptocurrencies, offering a compelling case for both long-term users and new entrants interested in tangible use cases.

The post Pi Network price forecast: GCV and the Map of Pi 2.0 drive the narrative appeared first on CoinJournal.