Kategorie: Crypto Markets

• Bitcoin traded to intraday lows of $70,500 amid key macro and geopolitical-related events.
• Veteran trader Peter Brandt has highlighted a potential bearish retest of support.
• The Iran war and inflation concerns tick potential negative catalysts boxes.

Bitcoin price flipped lower to trade below $70,500 as sellers showed fresh strength, with BTC down as cryptocurrencies reacted to US inflation data, the Federal Reserve’s rate decision, and the escalation in the Iran war.

Veteran trader Peter Brandt has shared his outlook for BTC in terms of technical setup, noting that a constructive “horn” remains in play. However, it could also be an “ugly” flag pattern.

BTC price 24-hour performance

Bitcoin is currently trading at approximately $70,850 as of March 19, 2026.

The benchmark digital asset has declined by nearly 4% over the past 24 hours, sliding from highs near $74,800 amid a confluence of negative catalysts.

Notably, the price movement ties directly to global events.

The ongoing Iran-Israel conflict, now in its third week, has escalated with Iran’s missile strikes in the Gulf after Israel eliminated key Iranian figure Ali Larijani.

This has spiked oil prices, fueling inflation fears and contributing to Bitcoin’s risk-off sentiment, as seen in prior dips below $64,000 after initial attacks.

Meanwhile, the US Federal Reserve’s March meeting held interest rates steady, citing inflation and uncertainty over the direction of the war in Iran and its impact on global energy markets.

Fed Chair Jerome Powell emphasized a cautious stance, delaying cuts amid rising inflation risks, which prompted a retreat across risk assets.

Earlier in the day, US inflation data showed the producer price index (PPI) coming in hotter than expected. BTC fell from above $74,000 as traders turned their attention to the further impact of the war.

BTC price forecast: Brandt’s shares potential “ugly” outlook

Peter Brandt, known for his classical charting expertise, highlighted Bitcoin’s potential price setup via a post on the social media platform X.

“The horn is constructive. The flag is ugly. Take your pick,” he cautioned as downside pressure resurfaced.

Comment on Bitcoin
I am well aware that you cryptocultists cannot stand the idea of traders being flexible and not totally dogmatic like you, but Bitcoin is set up for me in two ways.
The horn is constructive
The flag is ugly
Take your pick
Opinions are a dime a dozen $BTC pic.twitter.com/ORFbiI5yo3

— Peter Brandt (@PeterLBrandt) March 18, 2026

A look at the chart suggests a “horn” pattern that represents a volatile, widening formation.

In terms of technical setup, this signals a potential breakout momentum if Bitcoin pushes through upper resistance.

​Brandt’s chart shows consolidation above macro support, with price poised near the range top. If bulls manage to reclaim $74,000, a move to the $80,000 could materialize.

However, the flag pattern suggests action could turn bearish amid the macro and geopolitical factors.

Bitcoin price on the daily chart indicates rejection at the recent top could be another bearish wedge pattern, ex-fund manager Aksel Kibar notes.

Potentially, bears could target a retest of $68,000. Any further decline may see BTC revisit the $65,000-$60,000 range.

The post Bitcoin retests $70K as veteran trader flags ‘ugly’ setup appeared first on CoinJournal.

• XRP shows rare bottom signals and strong rebound potential.
• The key support at $1.44–$1.48 will guide near-term price action.
• A break above $1.60 with volume needed to sustain the rally.

XRP has grabbed the spotlight after overtaking BNB in market cap ranking following its recent price rebound.

Analysts point to technical signals that suggest XRP may have recently formed a long-term bottom.

These signals include an oversold RSI on the weekly chart and a stretch of negative funding rates that historically appear before significant rebounds.

XRP rebounded after hitting a rare bottom

After a period of sideways trading, XRP surged to a weekly high near $1.60.

This move followed a modest beta-driven pullback alongside Bitcoin, reflecting that broader market trends still influence XRP.

Despite the rally, the cryptocurrency faced technical resistance, with momentum indicators suggesting it had been overbought.

Trading volumes have cooled after the rally, which is typical when an asset approaches a key resistance area.

The current support zone around $1.44–$1.48 has become crucial.

Holding above this area could allow XRP to test $1.60 again and potentially reach new resistance levels beyond that.

Conversely, a breach below this support may see a decline toward $1.34, highlighting the importance of technical positioning.

What is fueling XRP’s rally?

XRP’s recent gains were fueled by multiple factors. First, its short-term correlation with Bitcoin helped it catch a wave as the broader market dipped slightly.

Second, technical patterns are now aligning in a way that traders rarely see, suggesting the bottom may hold.

Third, market inflows from institutional investors remain a key driver, especially in the form of spot XRP ETF activity.

Outflows from these ETFs in recent weeks have restrained buying pressure, but a reversal could reignite momentum.

But despite these positives, risks remain.

Volume remains lower than during the peak of the rally, signaling that conviction is not yet at its highest. Moreover, the current resistance at $1.60 is a significant hurdle.

A breakout above it, supported by rising trading activity, would confirm that the uptrend can continue.

However, caution is warranted, as the cryptocurrency is still navigating critical resistance and depends on continued support from market flows.

Traders should closely watch to see if XRP can hold its gains and build on this rare bottom.

If the support around $1.44-$1.48 remains firm and institutional demand resumes, the path toward higher levels may be within reach.

At the same time, failing to hold this support could quickly undo the recent gains.

For now, XRP sits at a critical juncture, with potential for both continuation and retracement depending on the next wave of market activity.

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• Cronos (CRO) gains momentum from Crypto.com’s real-world payment adoption.
• Cronos price rise backed by Bitcoin ETF inflows and 58% volume surge.
• The key levels to watch in the near term are the support at $0.0772 and the resistance at $0.0809.

Cronos (CRO) has seen renewed attention in recent weeks, fueled by a mix of market-wide momentum and positive developments in the cryptocurrency payments space.

The partnership between Crypto.com and KG Inicis in South Korea has added another layer of optimism for the token.

This collaboration allows tourists to use digital assets for everyday purchases, expanding the practical utility of CRO and other supported cryptocurrencies.

Impact of the Crypto.com, KG Inicis Partnership on CRO

The partnership enables Crypto.com Pay to integrate with KG Inicis’ extensive merchant network across South Korea.

This means that foreign visitors can use cryptocurrencies to pay at a variety of physical stores and online platforms.

For merchants, there is flexibility in receiving payments either in digital assets or immediately in fiat currency.

This real-world use case is significant for CRO.

While much of the token’s past activity has been driven by market speculation, adoption in daily transactions adds tangible utility.

Increased acceptance of CRO for payments could encourage higher trading activity and engagement from a broader user base.

Beyond simple adoption, the partnership reflects a growing trend of cryptocurrency integration in tourism and cross-border spending.

Digital currencies are moving from being primarily investment vehicles to practical tools for everyday use.

For CRO holders, this could translate into a more stable demand floor, particularly as the payment system attracts foreign visitors who are likely to convert local currency into crypto for spending.

The news also reinforces investor sentiment in the short term.

Cronos has a history of following broader market trends, but developments that enhance its ecosystem strengthen the token’s narrative beyond just price correlation with Bitcoin.

Practical use cases can often support prices during periods of market volatility, as traders see potential for both transactional and speculative value.

CRO price analysis

Cronos has climbed to $0.0801, marking a 1.7% increase over 24 hours.

This movement closely mirrored Bitcoin’s 1.42% rise, reflecting a period of strong institutional demand, particularly in Bitcoin ETFs.

Notably, the price increase was accompanied by a 58% surge in trading volume, highlighting genuine buying interest rather than a thin-market spike.

The combination of market momentum and tangible adoption news has created a cautiously positive environment for CRO.

Eyes are on the Bitcoin ETF inflows, as continued institutional interest tends to lift correlated altcoins.

Conversely, negative macro developments or regulatory concerns could trigger pullbacks, underscoring the importance of monitoring broader market conditions.

Cronos price forecast

From a technical standpoint, the near-term outlook for CRO is focused on key support and resistance levels.

Immediate support sits near the 7-day simple moving average at $0.07790.

Holding above this level would maintain the short-term bullish trend and could allow the token to test the 0.382 Fibonacci resistance level at $0.08297.

A decisive break above $0.08297 would open the path to a recent swing high near $0.088821, suggesting potential upside for traders targeting short-term gains.

On the other hand, a drop below $0.07790 could signal a consolidation phase or minor pullback, particularly if Bitcoin or the broader market reacts negatively to upcoming macro events.

The post Cronos price outlook as Crypto.com expands Korea payments push appeared first on CoinJournal.

• Dogecoin price is holding strong above key support near $0.0955.
• A break above $0.1088 could trigger a sharp upward move.
• A push past $0.12 may confirm a bullish trend continuation.

Dogecoin (DOGE) is starting to show signs of life again after a period of slow and uncertain movement.

The memecoin’s price has pushed back above $0.10, and that alone has caught the attention of traders watching for early breakout signals.

While momentum has been building steadily, the real question now is whether this move has enough strength to continue higher.

A tightening range signals a bigger move ahead

The current structure shows Dogecoin holding above a key short-term support zone, which has formed around the $0.0974 to $0.0955 range.

At the same time, price action has been pushing against resistance between $0.104 and $0.105, creating a clear zone where sellers are trying to slow the rally.

Just above that sits a more important barrier around $0.1088, which has historically marked the transition into stronger upward moves.

This combination of rising support and firm resistance is creating a tightening range, and such conditions often lead to sharp breakouts.

The longer the price stays compressed within this zone, the more significant the eventual move tends to be.

For now, the fact that the Dogecoin price is holding above its short-term trendline and the 100-hour moving average suggests that buyers still have control.

However, control does not guarantee continuation, and the next move will depend on how the price reacts at the upper boundary.

Why $0.1088 is real breakout trigger for Dogecoin price

While smaller resistance levels exist below, analysts note that $0.1088 stands out as the true gatekeeper for a larger move.

Past price behaviour shows that once Dogecoin clears this level with conviction, it tends to move quickly into higher trading ranges.

This is why many traders are not just watching for a break above $0.104 or $0.105, but instead waiting for a clean push beyond $0.1088.

A strong move through that level would likely open the door toward the next resistance around $0.1205.

That level sits just above the widely watched $0.12 mark, making it both a technical and psychological target.

If momentum remains strong, the price could even extend further toward $0.1335, which represents a more ambitious upside scenario.

Such a move would not happen in isolation, but rather as a continuation of the current bullish structure that is slowly forming.

The key support levels to watch

Even in a bullish setup, risk management remains essential because support levels define whether the trend is still valid.

The first level to watch sits near $0.0995, which acts as immediate support during short-term pullbacks.

Below that, the $0.0978 and $0.0974 zone becomes more important, as it has repeatedly held as a reliable base.

The most critical level, however, remains $0.0955, which aligns with both the trendline and broader structure support.

A breakdown below this level would weaken the current bullish outlook and increase the chances of a deeper move toward $0.094 or even $0.092.

If selling pressure intensifies further, the next major historical support comes in near $0.0870.

As long as the Dogecoin price stays above the key support cluster, the overall structure continues to favour buyers.

What a breakout above $0.12 could mean

A confirmed breakout above $0.1088 followed by a move through $0.1205 would signal a clear shift in market sentiment.

It would indicate that buyers are no longer just defending support, but actively pushing the market into a new price range.

Crossing the $0.12 level would likely attract additional interest, as it represents a visible milestone for both short-term traders and longer-term participants.

At that stage, Dogecoin would be transitioning from a recovery phase into a more established upward trend.

The path toward $0.1335 would then become more realistic, especially if momentum and volume continue to support the move.

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