Kategorie: Crypto Analysis

Key takeaways

• ETH is trading above $4,100 after adding 2% to its value.
• The second-largest crypto by market cap could rally towards the $4,400 resistance level soon.

Ether recovers above $4k

The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, the leading crypto by market cap, is heading towards the $112k mark, while Ether has reclaimed the $4k psychological level.

Ether added nearly 2.5% to its value in the last 24 hours, with the $3,800 support level holding despite the PCE data release. The positive performance over the last 24 hours resulted in over $75 million worth of short positions being liquidated in the market within 60 minutes. 

Traders are now looking out for signs of a breakout to ensure that the market recovery is back and in full swing. Ether is down by 17% from the all-time high of $4,953 it set a month ago. 

Ethereum could extend its recovery as bullish momentum returns

The ETH/USD 4-hour chart is bearish and efficient despite the coin performing well over the last 24 hours. However, the coin could soon flip bullish as the bearish momentum slowly fades.

ETH failed to find support around the daily level at $4,232 on Tuesday, losing 7.36% of its value afterwards, and dropping to the $3,800 support level on Thursday. ETH also retested the support around the 100-day EMA at $3,863 on Friday before recovering on Sunday. 

At press time, ETH is now trading at $4,100 per coin. With the RS at 54, it indicates that the bullish momentum is returning. The MACD lines are also within the positive territory. If ETH continues its recovery and surges past the $4,232 resistance level, it could extend its rally towards the major daily resistance and TLQ level at $4,488.

However, if the bulls fail to gain momentum, the market could resume its downward trend, and ETH could retest the 100-day EMA at $3,863.

The post Ethereum price prediction: ETH eyes $4,400 amid market recovery appeared first on CoinJournal.

• XRP slips towards $2.70 as whales and institutions fuel heavy selling.
• Ripple’s tech progress contrasts with short-term bearish pressure.
• Fed caution and rising yields have dampened the crypto market sentiment.

The past week has brought turbulence for XRP as the token struggles to defend key levels in the face of a weakening crypto market.

Once seen as one of the strongest performers of 2025, XRP is now under pressure, leaving many wondering whether the latest decline is a temporary setback or the start of a deeper slide.

Bearish pressure mounts below $3

XRP has failed to hold above the $3.00 level, a psychological threshold that traders had hoped would serve as a springboard for further gains.

Heavy liquidations across the broader market, combined with profit-taking near resistance, dragged the token down to the $2.80 zone.

Recently, it has slipped further, touching lows of $2.75 after a 6% drop in a single day, coinciding with Bitcoin’s fall below $109,000 that triggered a chain reaction across altcoins, including Ethereum, which has tumbled around 8% to $3,800.

Institutions and whales weigh in

Behind the price drop lies a wave of institutional selling and large whale movements that have shaken sentiment.

Roughly $277 million worth of XRP have changed hands in a short span, with reports indicating that whales moved nearly 160 million tokens—worth close to half a billion dollars—in mid-September.

These moves have added to the selling pressure, wiping nearly $19 billion off XRP’s market value within a week and breaking the momentum that had carried it above $3 earlier in the month.

Economic headwinds add to the strain

The challenges facing XRP are not just internal.

Wider economic factors have also played a role in the token’s decline.

Comments from US Federal Reserve Chair Jerome Powell, warning that inflation remains a concern and that significant interest rate cuts are unlikely, dampened risk appetite.

Rising Treasury yields have made investors more cautious, diverting attention away from riskier assets such as cryptocurrencies.

This backdrop has made it harder for even promising developments within Ripple’s ecosystem to translate into price gains.

Ripple has been busy rolling out new projects, including the launch of its stablecoin RLUSD, the integration of an Ethereum-compatible sidechain, and the steady growth of wallets on the XRP Ledger, which now exceeds seven million.

While these steps strengthen the network’s foundation, they are yet to counterbalance the weight of market-wide pessimism.

Eyes on the $2.70 support

For now, eyes are on whether XRP can hold above the $2.75 threshold, with $2.70 emerging as the next critical support level.

From a technical analysis standpoint, the token is trading below its 30-day moving average of $2.93, signalling that sellers remain in control.

The Relative Strength Index (RSI) has dropped below 38, nearing oversold territory.

The MACD has also turned bearish, further amplifying the bearish momentum.

A deeper dip could extend losses, but a bounce from these levels may suggest selling exhaustion and open the door to a short-term recovery.

The next steps will likely depend on Bitcoin’s performance, as a $23 billion options expiry looms large and promises to add volatility to the entire crypto sector.

Should Bitcoin stabilise, XRP may find room to climb back above $3, restoring some momentum. If not, the slide toward $2.70 and potentially lower remains a distinct possibility.

The post Temporary setback or freefall? XRP on the edge as bears target $2.70 support appeared first on CoinJournal.

Key takeaways

• DOGE is one of the worst performers in the top 10 this week, down 17% in the last seven days.
• The bulls are defending the $0.20 psychological level amid a strong bearish price action.

DOGE down 17% this week

The cryptocurrency market has been extremely bearish this week, with Bitcoin dropping below the $110k mark on Thursday. Ether is also trading below $4k, while XRP is holding the $2.7 support level.

However, memecoins usually take the biggest hit. DOGE, the leading memecoin by market cap, is down 17% since the start of the week, making it the second-worst performer in the top 10, only behind Solana.

The bearish performance has seen DOGE’s price slip to the $0.225 level. If the bearish trend continues, DOGE risks dropping below the $0.20 level for the first time since August 6th.

$0.20 in focus as bearish sentiment grows stronger

The DOGE/USD 4-hour chart is bearish and inefficient as Dogecoin has lost 17% of its value since the start of the week. The coin could undergo further correction as Bitcoin and other major coins are in the red.

The RSI of 34 is below the neutral 50, indicating that DOGE is currently under heavy selling pressure. The MACD lines also flipped into the negative zone over the weekend, suggesting a strong bearish bias.

If the sell-off continues, DOGE could drop below the $0.20 support level for the first time this month. An extended bearish run would bring the Daily Inducement Liquidity (ILQ) at $0.189 into focus. 

However, if the bulls regain control of the market, DOGE could rally towards the first resistance level at $0.25. Surpassing the 4H ILQ at $0.25 would allow DOGE to surge towards the TLQ and major resistance level at $0.288. 

The market sentiment is currently bearish. The PCE data to be published later today could give traders an indication of the Fed’s move in its next policy meeting.

The post Dogecoin price prediction: DOGE bulls hold the $0.2 support level appeared first on CoinJournal.

• Chainlink (LINK) hovers near $22 with $21.30–$21.40 as key support.
• Analysts see $26 short-term and $31 long-term if resistance breaks.
• Strong $839M trading volume shows steady market participation.

Chainlink (LINK), currently trading around $21.77, has faced notable resistance near $22, prompting technical analysts to assess whether LINK can regain upward momentum and challenge higher price levels.

Notably, despite recent declines, market participation remains robust, underscoring the resilience of the cryptocurrency amid broader market volatility.

Chainlink (LINK) price testing key levels

In the short term, Chainlink (LINK) has been hovering between $21.30 and $21.40, forming an important support zone that traders are watching closely.

A rejection at the $22 pivot could push the price down toward the $20 support area, which remains a critical demand level.

Analysts note that sustaining strength above this range is essential for bulls seeking to regain momentum.

The asset briefly spiked above $21.80 in recent sessions but was met with selling pressure that pushed it back below the key resistance, reflecting the cautious sentiment of traders.

The trading volume has remained strong at approximately $839 million, suggesting that market interest is still active and not limited to thin liquidity.

This level of activity indicates that participants are ready to act on significant moves, which could set the stage for a decisive breakout if buying pressure increases.

Triangle pattern sparks optimism

Analyst Ali Martinez has highlighted a triangle pattern on Chainlink’s weekly chart, which lies between a symmetrical and ascending formation.

A dip to $16 on Chainlink $LINK would be a gift. This triangle breakout setup targets $100! pic.twitter.com/s69oqbMniB

— Ali (@ali_charts) September 25, 2025

The pattern shows converging trendlines, with the upper boundary acting as resistance and the lower trendline offering support.

Martinez suggests that a dip to $16 would create a favourable buying opportunity, pointing to this level as the 0.5 Fibonacci retracement mark.

Should the asset rebound from this support, a breakout from the triangle could push Chainlink toward a target of nearly $100, according to the 1.272 Fibonacci extension.

While the triangle pattern does not fit neatly into classic technical categories, it represents a period of consolidation that could precede a significant price movement.

Another analyst, Crypto Monkey, emphasised that a confirmed breakout above the $22 resistance level may open the path toward $26, while a failure to hold support could lead to a pullback.

$LINK

$22.00 is being tested now. If we reject then that opens a short for me down to the lows. If we get over as support then i will long. So either way here guys we have a play pic.twitter.com/iKBXA5wP2W

— Crypto Monkey (@LaCryptoMonkey) September 24, 2025

These observations highlight the importance of short-term price action in shaping the asset’s trajectory.

Long-term resistance and potential

Beyond immediate trading levels, Chainlink faces a long-term red diagonal resistance that has blocked multiple upward attempts since the 2021 peak.

Analyst MarketMaestro noted that overcoming this barrier is critical for sustaining a bullish trajectory, with $31 remaining the next major long-term target.

Holding above intermediate supports such as $17, $21, and $25 is essential to prevent deeper retracements and to maintain the conditions necessary for another rally.

$LINK
It failed to break the red diagonal resistance and got rejected pic.twitter.com/fG1Mxege5Z

— MarketMaestro (@MarketMaestro1) September 24, 2025

Despite these technical challenges, LINK’s fundamentals remain strong, supported by growing enterprise partnerships and increasing adoption across blockchain applications.

The combination of solid market interest, strategic technical levels, and a potential breakout pattern makes Chainlink (LINK) a focal point for both conservative investors seeking stability and technical traders looking for high-probability setups.

The post Chainlink price forecast: analysts hint at a possible breakout appeared first on CoinJournal.