Kategorie: Crypto Analysis

• XRP may have completed a long correction and formed a market bottom.
• Analysts say the current setup mirrors the pattern before the 2017 rally.
• A Wave-5 breakout could drive XRP toward the $5.85 target.

XRP has spent the past several months moving through a slow and frustrating consolidation phase that many traders now believe may represent the final stage of its correction.

The digital asset is currently trading around $1.38 after a period of mixed performance that has seen short bursts of strength followed by pullbacks.

This kind of sideways movement often appears near the end of a market correction, which is why some analysts are beginning to argue that XRP may already be forming a long-term bottom.

The argument is based on a technical structure that looks strikingly similar to the pattern that developed before XRP’s historic rally in 2017.

Back then, the token spent months drifting through a quiet accumulation phase while the broader market paid little attention to it.

When the breakout finally arrived, the price accelerated rapidly and caught much of the market off guard.

Today, analysts believe the same type of structure may be forming once again.

$XRP’s pattern setup and breakout process was extremely similar to that 2017 move and with this being, there is potential we see this overall run unfold in an identical manner.

Doing so means that right now is only a temporary pullback before a move well above the $20 mark… pic.twitter.com/1MIriZ4Rqn

— JAVON⚡️MARKS (@JavonTM1) March 7, 2026

Several technical charts show XRP completing a large corrective pattern that has been unfolding for months.

According to this view, the correction appears to have finished its final wave, which often marks the point where a new bullish cycle begins.

If the structure continues to play out as expected, XRP could now be entering the early stage of its next major upward move.

This possibility has renewed interest among traders who remember how quickly XRP moved once momentum returned during the previous cycle.

Analysts point to a potential Wave-5 breakout

Furthermore, a number of market analysts have turned to Elliott Wave theory to explain why they believe XRP may be close to a turning point.

Under this model, markets move through a series of impulsive waves followed by corrective phases that prepare the ground for the next advance.

Some analysts, like Dark Defender, believe XRP has just completed an extended corrective structure that lasted several months.

That correction appears to have formed an ABC pattern, which is often seen near the end of a downward phase.

With that structure now appearing complete, analysts say the market may be entering the final upward wave of the cycle.

This final stage is known as Wave 5 and is typically associated with strong bullish momentum.

One widely discussed projection places the next major price objective near $5.85 if the breakout develops as expected.

Reaching that level would represent a substantial recovery from current prices and would mark one of the strongest rallies XRP has seen in years.

XRP completed the large C Wave with 5 Sub-Waves.

Wave 5 towards the $5.85 level is here.
(N F A)#XRP Bull Run will be facemelting. pic.twitter.com/8yQaJcfLjq

— Dark Defender (@DefendDark) March 10, 2026

However, analysts also emphasise that the move will likely unfold in stages rather than in a straight line.

Several resistance zones remain along the path, including levels near $1.88, $2.35, and just above the $3 mark.

Each of these areas could slow the advance as traders take profits and the market absorbs new buying pressure.

Still, clearing those barriers could open the door for a much larger move.

Long-term projections stretch far beyond the first targets

While the $5.85 level has attracted attention in the short term, some analysts believe XRP’s potential upside could extend much further.

A more aggressive interpretation of the current wave structure suggests the asset could eventually climb toward the $8 to $14 range during the next phase of the cycle.

In the most optimistic scenario, the final leg of the rally could even approach the $20 region if market conditions remain supportive.

These projections remain speculative, but they reflect growing confidence that the current structure may be setting up a larger trend reversal.

The post XRP hits bottom as setup mirrors a move that preceded the 2017 rally appeared first on CoinJournal.

• Jupiter (JUP) price hovered near $0.17 amid a 6% intraday gain.
• The bounce coincided with Bitcoin’s spike to above $70,000.
• The move was also supported by a key Chainlink integration.

JUP, the governance token of Jupiter, has bounced off recent lows as top cryptocurrencies record intraday gains.

The DEX protocol’s token traded around $0.17 on Tuesday, with 24-hour gains of nearly 6% pushing it above a key support level.

Jupiter Exchange taps Chainlink for prediction markets

JUP’s uptick coincided with the DEX platform’s strategic adoption of Chainlink technology to power its newly launched prediction markets.

JUST IN: The largest decentralized exchange on Solana has adopted Chainlink to power its newly launched prediction markets, @jup_predict.@JupiterExchange’s ($2.8B TVL) 5-min & 15-min markets for BTC, ETH, SOL, & more are now secured by fast Chainlink Data Streams market data. pic.twitter.com/gT8pCYZDrw

— Chainlink (@chainlink) March 10, 2026

Jupiter Exchange, recognised as the largest DEX aggregator on the Solana blockchain, has integrated Chainlink’s advanced oracle solutions to underpin its innovative prediction markets.

These markets, now live with 5-minute and 15-minute settlement options, cover major assets including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

By leveraging Chainlink Data Streams, Jupiter ensures sub-second price feeds directly from premium exchange sources.

It minimises latency and mitigates risks like front-running or oracle manipulation that plague traditional DeFi platforms.

Jupiter users can now speculate on short-term price movements with heightened accuracy.

Market participants view this integration as a catalyst for increased trading volume, with Chainlink’s secure, low-latency oracles enhancing user confidence.

The move could attract liquidity providers seeking reliable settlement mechanisms and help shine a spotlight on Jupiter’s potential and thus on JUP.

It’s only in many Jupiter milestones that have seen the exchange token become a top 100 cryptocurrency by market capitalisation.

Jupiter price analysis

The JUP token has navigated a downward channel since plummeting from above $0.70 in April 2025.

A broader weakness across crypto means that at the current price, the token’s value is down by more than 60% over the past year.

Despite this bearish outlook, the token has bounced decisively from the channel’s lower boundary.

Bulls are looking to stabilise above $0.17, and a flip in sentiment could catalyse further gains amid a breakout scenario.

Technical indicators on the daily chart highlight this picture.

As can be seen above, the Relative Strength Index (RSI) has recovered from oversold conditions and hovers above the neutral line.

The indicator boasts a bullish divergence and signals a potential strengthening of the upward momentum.

However, the MACD suggests a bearish reversal.

If buyers hold the sway, more gains could push prices towards the immediate overhead resistance zone around $0.20–$0.22.

A breakout could see bulls test the supply wall around $0.30.

However, a rejection at current levels risks a retest of $0.15.

The support level might act as a demand reload zone and result in fresh consolidation before another bullish move.

If not, the price could drop to $0.100.

The post Jupiter (JUP) price bounces amid key Chainlink integration: is $0.30 next? appeared first on CoinJournal.

• Arthur Hayes predicts the Hyperliquid crypto price could reach $150.
• Hayes’ prediction is supported by strong trading activity, which fuels more buybacks.
• The immediate resistance levels to watch sit at $35.03, $39.87, and $43.82.

The price of Hyperliquid (HYPE) has climbed steadily as it responds to growing bullish sentiment around the fast-rising derivatives exchange.

At press time, the token was trading at around the $33 after a strong recovery from recent lows.

Why is the price of Hyperliquid crypto rising?

Much of today’s Hyperliquid crypto price surge can be attributed to the excitement around Arthur Hayes’ prediction that the HYPE token could surge to $150 this year.

My essay on why $HYPE is going to $150 by August 2026.

https://t.co/M1la2HpdzT

— Arthur Hayes (@CryptoHayes) March 9, 2026

This bold forecast has quickly become one of the most talked-about topics in the crypto derivatives market.

Hayes believes the rally could unfold over the next few months as the Hyperliquid exchange continues to expand its ecosystem and attract new trading activity.

He even described HYPE as his largest liquid altcoin bet, a statement that immediately caught the attention of traders looking for the next major breakout project.

Notably, Hayes’ prediction comes at a time when decentralised derivatives platforms are gaining ground in the broader crypto industry.

More traders are exploring alternatives to centralised exchanges, especially platforms that offer deep liquidity and fast execution, and Hyperliquid has managed to capture that demand by focusing on high-performance infrastructure and a streamlined trading experience.

As a result, Hyperliquid has rapidly built a reputation as one of the most active decentralised derivatives venues in the market.

Strong trading activity supports the bullish HYPE outlook

One of the key factors supporting the bullish narrative is the platform’s growing trading activity.

Higher trading volumes translate directly into revenue for the protocol, and a large portion of this revenue is used to buy back HYPE tokens from the market.

These buybacks tighten the supply of HYPE tokens available on exchanges and help strengthen price momentum during periods of rising demand.

Nevertheless, analysts believe that reaching Hayes’s ambitious $150 target would likely require a major expansion in exchange revenue.

That kind of growth would depend heavily on continued adoption of derivatives trading within the crypto sector.

The key technical levels to watch

Beyond the fundamental story, technical indicators are also providing clues about where the Hyperliquid (HYPE) price could move next.

Recent price movements show that $32.28 has emerged as a short-term support zone since it has repeatedly held during recent pullbacks.

If that support gives way, the next support level appears near $28.98, which has acted as a historical price floor.

On the upside, traders should closely watch the $35.03 resistance level.

The cryptocurrency has tested this zone several times in recent sessions.

A clear breakout above that level could open the door for a move toward $39.87, which analysts say represents the next major resistance area.

If momentum continues beyond that point, the third resistance level sits around $43.82.

Breaking through these resistance levels would likely confirm a stronger bullish trend in the months ahead, likely towards the Arthur Hayes-predicted price target.

The post Hyperliquid crypto price soars as Arthur Hayes predicts HYPE will hit $150 appeared first on CoinJournal.

• Billions of XRP remain idle, showing untapped payment potential.
• CEO Garlinghouse forecasts strong long-term growth for patient investors.
• The key XRP price levels to watch are the support around $1.31–$1.33 and the resistance around $1.40–$1.45.

XRP has had a challenging start to 2026, with the price hovering around $1.34 after a slight pullback in the past week.

But despite this short-term weakness, sentiment around the cryptocurrency is showing signs of resilience.

Dormant liquidity signals opportunity

One of the most interesting trends in XRP is the large amount of dormant liquidity on the XRP Ledger.

According to Anodos Finance Co-founder and CEO Panos Mekras, billions of XRP are currently inactive, sitting idle in wallets rather than being used for transactions or payments.

This idle liquidity represents a significant untapped resource. If activated, it could fuel broader adoption of XRP for everyday payments and merchant transactions.

Notably, the introduction of stablecoin initiatives on the ledger is helping bridge this gap.

By pairing XRP with dollar-pegged assets, the ecosystem aims to make it easier for people to use crypto in daily life without worrying about volatility.

Developers are also working on tools like self-custodial cards and super apps that allow XRP to be spent directly, and this could accelerate the transition of XRP from a trading asset to a practical financial instrument.

Long-term confidence from Ripple leadership

Ripple’s CEO, Brad Garlinghouse, has shared a very optimistic long-term view.

Speaking at the XRP Australia 2026 conference, Garlinghouse emphasised that investors who are patient and focus on blockchain adoption trends could be very happy over the next five years.

The message is clear: XRP’s value isn’t just tied to short-term price swings.

Institutional adoption and incremental progress in financial infrastructure are expected to play a bigger role in determining its trajectory.

The broader trend in the crypto market also supports this outlook since, as more institutions explore blockchain technology and tokenisation, the potential for XRP to be integrated into financial systems continues to grow.

Current XRP market dynamics

Technically, XRP is in a phase of consolidation.

The price has recently fallen below short-term trendlines and key moving averages, indicating a cautious market mood.

Bearish momentum in the immediate term is evident, with resistance forming near $1.38 and stronger resistance around $1.40 to $1.45.

On the downside, support levels are clustered around $1.33 and $1.31, with a deeper buffer near $1.20 if selling pressure increases.

Also, unrealised losses for holders are notable, with a substantial portion of XRP bought above the current price.

This shows that many investors are underwater, which can create volatility if panic selling occurs.

At the same time, the ecosystem’s latent potential, such as dormant liquidity being activated for real-world payments, adds a positive long-term narrative.

XRP price outlook

XRP is balancing between short-term consolidation and long-term potential.

For traders, the immediate support lies at $1.33 and $1.31.

Breaking below these could expose XRP to a drop toward the $1.20 structural support area.

On the upside, reclaiming $1.38 could signal a short-term recovery, with $1.40 to $1.45 acting as the next target zone.

A strong move past these levels could open the path toward $1.80 and even the $2.00 psychological barrier.

The post XRP price outlook as Ripple CEO predicts strong year ahead appeared first on CoinJournal.

• Ethereum price remains under pressure below the key $2,150 resistance.
• Exchange outflows hint at continued long-term accumulation.
• The $1,800 support is the key level traders are watching.

The Ethereum price is struggling to hold above the $2,000 mark amid mixed signals from technical indicators, derivatives markets, and on-chain activity.

The ETH price has slipped back toward the mid $1,900 range after briefly attempting a recovery above $2,000.

This highlights how fragile the current rebound remains despite signs of stabilisation following February’s sharp sell-off.

While the latest bounce helped Ethereum avoid deeper losses, the broader trend still leans bearish as long as the price remains trapped below $2,000.

Ethereum price outlook remains fragile

From a technical standpoint, Ethereum continues to trade within a descending channel that has defined the market for several months.

The ETH price also sits well below its major moving averages, which are still pointing downward and reinforcing the broader bearish trend.

This setup suggests that the recent recovery may be nothing more than a temporary relief rally rather than the start of a sustained reversal.

Also, on shorter timeframes, Ethereum recently attempted to break through the $2,150 region but faced immediate rejection.

That rejection created another lower high, confirming that sellers remain active whenever the price approaches resistance.

Momentum indicators also reflect the cautious tone currently dominating the market, with the Relative Strength Index (RSI) sitting below the neutral 50 level, which signals weak bullish momentum.

At the same time, the MACD indicator has begun to soften after a short-lived bullish phase, showing that buying pressure is fading.

Exchange flows and derivatives activity paint a mixed picture

Despite the weak technical structure, some on-chain signals suggest that long-term investors are still accumulating Ethereum.

Exchange flow data shows that more ETH is leaving crypto exchanges than entering them.

The net outflows indicate that investors are moving coins into private wallets rather than preparing them for immediate sale.

This behaviour often appears during accumulation phases when holders expect prices to rise over time.

However, the derivatives market is sending a very different message.

Funding rates across perpetual futures markets have surged sharply into positive values from heavily negative values as traders piled into leveraged positions.

Such a rapid increase in leverage shows that market participants are becoming more aggressive with their directional bets.

High leverage can create unstable conditions because even modest price movements can trigger large liquidation cascades.

Key Ethereum price levels to watch this week

From the technical outlook, the Ethereum price is now approaching a critical moment as it trades just above several important support levels.

The first support that traders should watch sits around $1,900, which marks a recent reaction low.

If the ETH price slips below that level, analysts note that the attention would quickly shift toward the $1,800 zone, which has acted as a strong floor since February and currently represents one of the most important supports on the chart.

A breakdown below $1,900 could open the door for a deeper correction and potentially push Ethereum toward the lower boundary of its broader descending channel near $1,776.

On the upside, the first resistance zone appears between $2,027 and $2,050.

A break above that region would suggest that buyers are regaining some momentum.

Beyond that level, the market will likely focus on the $2,138 to $2,150 area, which represents a major technical barrier within the current channel structure.

A decisive breakout above that ceiling could shift sentiment and allow Ethereum to aim for the next resistance near $2,380.

Until such a breakout occurs, however, the Ethereum price is likely to remain stuck between support near $1,800 and resistance near $2,150 as traders wait for the next decisive move.

The post Ethereum price prediction as ETH teeters below $2,000 appeared first on CoinJournal.