Kategorie: Crypto Analysis

Key takeaways

• Bitcoin is down 1% in the last 24 hours, dropping below the $112k level.
• The leading cryptocurrency is still holding its value above the $110k support ahead of tomorrow’s PCE data.

BTC dips below $112k as bearish sentiment grows stronger

The cryptocurrency market has been bearish this week, with Bitcoin and other major coins currently underperforming. Bitcoin reclaimed the $114k level on Wednesday but has given up the gains and is now trading below $112k level once again.

The negative performance comes as Fed officials cool expectations on further rate cuts before the end of the year. Chairman Jerome Powell has signaled a cautious approach to future rate cuts despite the Fed cutting rates by 25 basis points earlier this month.

Traders are also cautious ahead of tomorrow’s PCE data release. PCE is the Fed’s primary indicator for inflation and could help the apex bank decide whether to cut interest rates in its next FOMC meeting in October.

BTC could dip below $110k if the bearish trend continues

The BTC/USD 4-hour chart remains bullish and efficient despite Bitcoin losing 4% of its value over the last seven days. The technical indicators are, however, bearish thanks to the ongoing selloff.

The RSI of 38 shows that Bitcoin is heading into the oversold territory if the selloff continues. The MACD lines also crossed into the negative zone over the weekend, signalling a bearish momentum.

At the moment, BTC is trading at $111,793. If the bearish trend continues, BTC could drop below the $110k support level and retest the $107k region for the first time since August 31.

However, if the $110k support level holds and Bitcoin bounces, it could reclaim the first major resistance level at $114k over the coming hours or days. An extended bullish rally would see BTC hit the $118k resistance for the second time this month.

The post BTC holds the $110k support ahead of PCE data; Check forecast appeared first on CoinJournal.

Key takeaways

• PYTH is trading above $0.15 after adding more than 1% to its value.
• The cryptocurrency could rally higher with the launch of the Pyth Pro feature.

Pyth launches Pyth Pro

PYTH, the native coin of the Pyth network, is up by more than 1% in the last 24 hours, outperforming the broader crypto market in the process. The positive performance comes after the Pyth team announced the launch of Pyth Pro.

The team explained that Pyth Pro allows banks, brokers, and trading firms to access specialized data across every asset class and geography from a single source of truth. Pyth Pro provides coverage of over 2,000 feeds across crypto, equities, futures, ETFs, FX, commodities, and fixed income, the team added.  Its original product, Pyth Core, will continue to power DeFi applications while the various Pyth Pro tiers address different institutional finance requirements.

PYTH eyes $0.18 despite bearish price action

The PYTH/USD 4-hour chart is bearish and inefficient despite the coin performing well over the last 24 hours. The technical indicators are bearish but could soon switch bullish as the market slowly recovers from Monday’s slump.

The RSI of 45 shows that PYTH is not yet out of the bearish region, with the MACD lines also below the neutral zone. 

At press time, PYTH is trading at $0.153, up from the Monday low of $0.14. If the recovery continues, PYTH could surge to the nearest major resistance level at $0.18 over the coming hours or days. An extended rally would allow it to hit $0.20 for the first time this month.

However, if the bearish trend persists, PYTH could retest Monday’s low of $0.140 before dropping to the August low of $0.1085. The technical indicators are still bearish, which means sellers remain in control of the market.

The post Pyth price forecast: PYTH targets $0.18 as bullish pattern emerges appeared first on CoinJournal.

• Binance Coin (BNB) could rise to $1,229 if it breaks its current all-time high.
• Institutional BNB accumulation and Fed rate cuts support long-term bullish momentum.
• An RSI bearish divergence, however, hints at a possible pullback.

Binance Coin (BNB) has once captured market attention after surging to a new all-time high (ATH) above the $1,000 mark, fueled by institutional accumulation, macroeconomic shifts, and growing on-chain confidence.

The cryptocurrency, currently trading around $1,023, sits close to its all-time high of $1,079 but faces a delicate balance between bullish momentum and technical risks that could trigger a sizeable correction.

Institutional bets fuel optimism

BNB’s rise has been supported by institutional adoption.

Nasdaq-listed BNB Network Company, the treasury arm of CEA Industries, confirmed a $160 million BNB purchase in August as part of its $500 million treasury strategy.

The move echoes MicroStrategy’s early Bitcoin play, positioning the firm as a key public vehicle for BNB exposure.

The company also authorised a $250 million stock buyback program, reflecting its confidence in both its own growth and the long-term value of BNB.

Other corporates, including Nano Labs and Windtree Therapeutics, are reportedly exploring similar strategies, suggesting that BNB is becoming an attractive reserve asset.

Derivatives data point to bullish bias

Alongside corporate interest, derivatives data reveal a positive funding rate of 0.0062%, signalling that long traders are paying shorts.

Historically, such flips from negative to positive have preceded sharp rallies, and open interest in BNB futures recently reached an all-time high of $2.4 billion.

This suggests new money is flowing into the market, reinforcing the case for continued upside momentum.

Technical indicators are also bullish, with the Moving Average Convergence Divergence (MACD) showing a bullish crossover, and the Relative Strength Index (RSI) at 63.53, indicating strong momentum, though it edges close to overbought levels.

If BNB breaks above its recent high of $1,079, it could quickly move toward $1,229, a level aligned with the 141.4% Fibonacci extension.

Bearish divergence clouds outlook

Despite the optimism, warning signs have emerged on the charts.

BNB’s recent highs have formed alongside lower RSI readings, creating a bearish divergence that typically signals fading momentum.

Similar divergences in 2024 triggered corrections of between 20% and 37%, raising concerns that a repeat could drag BNB lower in the short term.

If selling pressure builds, key downside targets sit at the 20-day EMA near $947 and the 50-day EMA around $882.

A steeper decline could even test the 200-day EMA near $747, which would amount to a 25% drop from current levels.

Traders should closely watch these supports to gauge whether BNB can withstand the broader market correction.

The macro drivers at play

The wider crypto rally has also been influenced by macroeconomic shifts.

The US Federal Reserve cut rates by 25 basis points on September 17, fueling risk appetite and lowering bond yields.

This policy move makes crypto staking rewards, such as BNB’s 4–6% APY, more attractive compared to traditional assets. It also weakens the dollar, encouraging capital to rotate into digital assets.

BNB’s performance has mirrored these developments, rising 2.06% in the past 24 hours and outperforming the broader crypto market, which rose just 0.46% in the same period.

The post BNB price prediction: bulls target $1,200, but bearish divergence hints at a 20% drop appeared first on CoinJournal.

• Notcoin (NOT) price rebounds 2% but still trades far below key averages.
• Community hype fuels optimism despite weak liquidity.
• TON ecosystem buzz adds short-term speculative support.

Notcoin price has rebounded by around 2% today, breaking the long bearish trend that has weighed the altcoin down from the long-awaited price recovery.

The modest uptick comes after weeks of pressure that pushed NOT toward fresh multi-month lows.

Early September brought a short-lived surge from $0.001619 to $0.002043 on September 13, but that rally faded quickly, and the token slid back, hitting an all-time low of $0.0016 on September 22, 2025.

The Telegram-linked coin now trades near $0.001678 with a market capitalisation of roughly $167.4 million and daily volumes approaching $27 million, figures that underline both renewed interest and fragile liquidity.

Technical bounce or false dawn?

Technically, the price action has characteristics of a short-term rebound.

The RSI on the 3-hour chart has risen from deeply oversold territory to about 34.94, while the MACD histogram has flattened and turned marginally less negative, signalling that traders have interpreted this as a cue for bargain hunting.

Structural momentum also looks weak.

NOT sits below its key short-term averages, with the 7-day SMA sitting near $0.001644 and the 30-day EMA at around $0.001773.

Support holds near $0.00166, and a drop under $0.00155 would expose the token to the risk of fresh lows.

Community and TON tailwinds

Part of the rebound reflects social momentum and ecosystem spillover rather than fundamental upgrades.

Notcoin’s backers highlight a massive Telegram-driven holder base and a narrative of near-full circulation — roughly 97% of the max supply is already in the market — as reasons to expect lower future sell pressure.

That scarcity storyline has animated forums and encouraged accumulation despite macro headwinds.

Ecosystem headlines have helped, too.

The success of TON-focused projects such as Hamster Kombat has driven renewed interest in TON-linked tokens, and Notcoin’s perceived proximity to Telegram’s user base has fed bullish chatter.

This tailwind is speculative by nature: the coin benefits from association with TON’s growth, yet it has no formal partnership that would guarantee sustained flows.

Notcoin price forecast

Optimistic price targets have proliferated, with some analysts and community voices citing forecasts of a tenfold move to roughly $0.022 by 2025.

Those predictions hinge on aggressive listings, continued viral adoption across Telegram, and the rollout of mini-apps and game-fi features.

At the same time, rational scepticism remains warranted: dilution risk from remaining tokens, limited on-chain utility today, and thin liquidity make lofty targets contingent rather than probable.

Traders should watch three things closely: whether NOT can reclaim and hold the $0.00187 area, daily traded volume that helps sustain rallies, and broader crypto market dynamics, including Bitcoin dominance.

Notably, rising volume accompanying gains would lend credibility to the current bounce, while a weak volume would point to a likely retracement towards further lows.

The post Notcoin price rebounds: oversold bounce or bear trap? appeared first on CoinJournal.

Key takeaways

• Chainlink’s LINK is up nearly 3% and is now targeting the $25 level.
• The market is undergoing a recovery after a bearish start to the week.

LINK recovers from Monday’s dip

LINK, the native coin of the Chainlink blockchain, lost roughly 8% of its value on Monday as the market opened the new week bearish. The flush saw LINK drop to the $20.3 low yesterday, but it has now slightly recovered.

At press time, LINK is trading at $21.835 per coin, and could rally higher in the near term as the broader crypto market embarks on a recovery. BTC reclaimed the $113k level earlier today, while Ether, XRP, SOL, BNB, and DOGE are all performing well over the last few hours.

Chainlink remains one of the most widely used blockchains in the crypto space and beyond. As it continues to gain adoption, LINK’s value could soar higher in the medium to long term.

LINK targets $25 as $20 support holds

The LINK/USD 4-hour chart is bearish and efficient as LINK lost 8% of its value over the last seven days. The momentum indicators remain bearish but are showing signs of recovery in the near term. 

The MACD lines crossed over into bearish territory during the weekend, with the RSI of 36 also confirming a bearish bias in the near term. 

If the bearish trend continues, LINK could retest the $20.3 low again over the next few hours. Failure to defend this low could see LINK drop below $20 for the first time since August 9.

On the flip side, if the market recovery gains momentum, LINK could surge higher and hit the TLQ level at $23.89 over the next few hours. An extended bullish run would allow the coin to touch $25 for the second time this month.

The post LINK eyes $25 despite bearish PA; Check forecast appeared first on CoinJournal.