Kategorie: Crypto Markets

• Fresh selling risks sending HBAR price down 20% to $0.070 support.
• HBAR could mirror Bitcoin’s path before a rebound.
• Technical indicators are mixed, pointing at a bounce to $0.12-$0.15.

Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market.

The price has slipped nearly 1% over the past 24 hours to trade around $0.092, with daily trading volume dropping 13%.

This decline below the psychological $0.10 mark pushes HBAR further from last week’s highs, even as altcoins mirror a broader risk asset downturn.

As such, and despite growing enterprise adoption and network usage, short-term price action suggests further downside risks ahead.

Could Hedera price fall another 20%?

Cryptocurrencies are positioning for a potential sustained uptick, but macroeconomic headwinds and geopolitical tensions could trigger deeper corrections before any rebound materializes.

HBAR appears poised to echo Bitcoin’s recent trajectory, where a retest of critical support levels often precedes recovery.

Analysts warn of a possible 20% slip from current levels, targeting the $0.072 zone.

This is a familiar floor where prices have bounced robustly in prior retests.

Notably, the bearish scenario for HBAR stems from renewed selling pressure amid global uncertainties.

Elevated US inflation readings have triggered fresh jitters among traders, with BTC slipping from recent highs.

On-chain data reveals increased transfers to exchanges, signaling profit-taking by short-term holders.

If selling persists, HBAR could test $0.075-$0.070 support, which could represent a 20% drop from current levels near $0.092.

HBAR price technical outlook

Hedera’s short-term chart structure leans bearish, with HBAR testing the 50-day exponential moving average (EMA).

Prices have formed lower highs since the recent rejection at the $0.11 peak.

Meanwhile, the relative strength index (RSI) hovers near 50 on the daily timeframe, but is sloping to indicate potential drop towards oversold conditions.

If the bullish divergence fails to hold for an immediate reversal, weak conviction among buyers could send HBAR towards $0.075-$0.070.

The drop could mark about 20% in further declines for the altcoin.

However, the broader technical setup points to accumulation rather than an outright slip into a bearish breakdown.

HBAR holding above the $0.090 level could strengthen this outlook.

In that case, upside targets would emerge, initially at $0.12, then $0.15.

Hedera’s resilience amid a potential Bitcoin rally could aid this upward move.

A boost from crypto fund demand will help the token’s price.

Net inflows into Canary’s spot Hedera ETF have increased, with the product seeing just one trading day of net outflows since its debut in October 2025.

The post Hedera price forecast: HBAR risks 20% dive amid fresh selling appeared first on CoinJournal.

• The supertrend indicator paints a potential bullish breakout for Cardano (ADA).
• However, the momentum may not materialize, rendering the buy signal invalid.
• ADA could target highs above $0.40 next, although the $0.25 support remains key.

Cardano price has dropped again as broader selling caps the crypto market bounce. ADA is down 3% in the timeframe and near support levels around $0.26, which mirrors the pullback for Bitcoin.

The cryptocurrency bellwether recently rallied to near $83,000, but has pared gains and currently hovers around $79,800 amid macroeconomic headwinds. Cardano’s price trajectory has aligned with the BTC drop.

However, could ADA be about to pump amid fresh buying interest?

Cardano price: daily chart flashes buy signal

Overall, cryptocurrencies are showing weakness, and ADA remains potentially bearish.

Yet, a key trend indicator is flashing bullish on the daily chart, with the SuperTrend indicator turning green.

Prices have fallen since the indicator flipped red in early February, while long-term declines go back to slip below $1 in September 2025.

The SuperTrend indicator held red for several months and coincided with an eventual 70% decline in ADA price.

When it previously flashed green, ADA price rose sharply, reaching above $0.43 earlier in the year.

Analysts say that while Cardano has struggled since falling below $0.30, the correction and lengthy consolidation could give way to a trend reversal.

If this happens, bulls could target crucial resistance at $0.33 and then year-to-date highs above $0.40. A decisive breakout could bring $0.75-$1.00 into play.

Likely to help the bullish perspective is the fact that Cardano’s key stakeholders have slowly accumulated by buying the dip.

According to Santiment, wallets with at least 1 million ADA tokens have added to their bags to about 67% of supply.

That metric hovers at over 25.09 billion ADA, with buying happening despite the asset shedding more than 70% of its market capitalization over the past 9 months.

Cardano price – short-term bearish outlook!

While the SuperTrend indicator suggests a potential bullish breakout for ADA, skeptics warn that imminent momentum might fizzle, invalidating the buy signal altogether.

Supporting this cautious view are other key oscillators.

The daily Relative Strength Index (RSI) is downsloping near the 50 mark, indicating limited buying pressure, while the Moving Average Convergence Divergence (MACD) shows potential bearish crossover.

Should sellers regain control, ADA could first probe the $0.25 support zone before mounting any meaningful recovery.

However, a deeper breakdown below that level might accelerate losses toward $0.23. The potential demand reload zone aligns with the lower boundary of a multi-month channel.

The broader market outlook, including macroeconomic and geopolitical factors, could influence the next path for this altcoin.

The post Cardano price forecast: is $0.40 next as $ADA flashes buy signal? appeared first on CoinJournal.

• Ethena’s native token, ENA, saw its price decline as Bitcoin slid below $79,000
• The slight dip happened despite ENA notching a 5-week high in whale activity.
• Prices could fall further, but a rebound for BTC could boost ENA.

Ethena (ENA) price faced downward pressure today, dropping nearly 4% to intraday lows of $0.11 as Bitcoin grappled with renewed selling amid macroeconomic headwinds.

This decline unfolded even as on-chain metrics signaled robust interest from large holders.

Analysts say the move highlights a disconnect between whale behavior and short-term price action.

Ethena hits 5-week high in whale activity

On-chain data shows Ethena’s ecosystem has managed notable momentum.

For one, the network just hit its largest daily network growth in over three months.

The platform did not just see a surge in new wallet creations, but had ENA whale activity surging to a five-week peak, with this aligning with heightened interest bolstered by several bullish catalysts.

📈 Ethena has just seen its largest day of network growth (new wallets created) in over 3 months. Additionally, $ENA whale activity has just hit a 5-week high. Why? There has been a series of high-impact events that converged in the days leading up to May 12th:

🎯 Grayscale… pic.twitter.com/ZMZf0BZgkN

— Santiment Intelligence (@SantimentData) May 13, 2026

According to Santiment, one of the key drivers was Grayscale’s decision on May 7 to incorporate ENA into its DeFi Fund.

Ethena also recently saw a massive $310 million USDC transfer, a transaction that injected fresh liquidity and drew widespread attention.

Santiment has also highlighted that the spotlight on ENA increased further when LayerZero announced a temporary bridge suspension on May 9, keeping Ethena at the forefront of DeFi discussions.

Adding to the optimism, the Ethena Foundation recently affirmed that all conditions outlined by its Risk Committee for activating the “fee switch” have been satisfied.

This mechanism, designed to distribute protocol fees to stakers, awaits a governance vote from ENA holders in the coming days.

The whale positioning ahead of the pivotal vote helped ENA price pump to highs of $0.14 on May 10.

Why’s ENA price down?

Despite the positive catalysts, ENA’s price succumbed to broader market dynamics.

Both RSI and MACD on the 4-hour chart suggest prices could fall further.

On May 13, crypto sentiment soured following the release of U.S. Producer Price Index (PPI) data.

This came in hotter-than-expected and exacerbated fears of persistent inflation and delayed rate cuts.

US stocks slid, and Bitcoin, the crypto sector’s bellwether, tumbled below $79,000 during intraday trading.

Declines meant bulls retreated to levels seen following Tuesday’s Consumer Price Index (CPI) report.

BTC prices had earlier bounced to above $81,000.

This macro-driven risk-off mood rippled across altcoins, with Ethereum down near $2,250, Solana slipping to $90, and XRP capped under $1.50.

Many DeFi tokens mirrored the weakness, including ENA, which traded from intraday highs of $0.12.

The profit-taking could extend losses to support at $0.10.

While the dip impacts ENA’s short-term outlook, network fundamentals and overall market outlook could position the token for potential recovery.

The post Ethena price: ENA dips despite 5-week peak in whale activity appeared first on CoinJournal.

• DIU names Concordium official AI partner for 2026 IIHF event.
• Concordium launches blockchain fan ID pilot with Danish hockey.
• Partnership fee settled fully in Concordium CCD tokens.

Danmarks Ishockey Union (DIU), the governing body for ice hockey in Denmark, has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team in a partnership centered on blockchain-based digital identity and artificial intelligence infrastructure.

The collaboration will officially launch during the 2026 IIHF Ice Hockey World Championship in Switzerland and will include multiple technology-focused initiatives aimed at enhancing fan engagement through AI-powered systems and on-chain identity verification.

Concordium, which describes itself as a regulatory-grade AI infrastructure platform powered by blockchain technology, said the partnership will serve as a real-world demonstration of how verified digital identities and AI agents can operate at scale in consumer-facing environments.

Verified fan program to debut at IIHF Championship

The partnership between DIU and Concordium will initially focus on two core initiatives built on Concordium’s infrastructure.

The first is a Verified Fan Programme designed to pilot a privacy-preserving fan experience using zero-knowledge proof technology.

The system is intended to allow users to verify identity-related credentials while limiting exposure of personal information.

The second initiative is an Agentic Commerce pilot, which aims to demonstrate how verified AI agents can operate autonomously while interacting with fans and digital commerce systems.

The project builds on Concordium’s previous work involving the x402 agentic payments protocol, which is focused on enabling secure and verifiable machine-driven transactions.

“Agents transacting at scale need a verified identity they can carry and settlement rails they can trust,” said Varun Kabra, Chief Growth Officer at Concordium.

“The infrastructure for that already exists. What it has lacked is legibility, a place where mainstream audiences can see it working. We are very excited to partner with the Danish Ice Hockey team to build together a solution where AI can deliver a much superior fan experience.”

DIU said the partnership was structured around long-term technology collaboration rather than traditional sponsorship branding alone.

“We approached this the way we approach every serious collaboration, starting with what we could build together, not what would go on the jersey,” said Michael Dupont, CEO of Danmarks Ishockey Union. “Concordium is a Swiss-built and regulatory-grade AI infrastructure. The programmes planned over the course of the partnership are the kind of work that fits how Danish hockey wants to be seen.”

Partnership settled entirely in CCD tokens

As part of the agreement, Concordium branding will appear on the Danish national team’s helmets and jerseys, alongside category exclusivity across digital assets during the term of the partnership.

The organizations also said the full partnership fee was settled entirely in CCD, Concordium’s native blockchain token.

According to the announcement, the agreement represents the first national-team partnership fully paid and locked in a native protocol token.

The transaction was settled on-chain at signing, while a 12-month lock-up period was enforced directly at the protocol level.

DIU will maintain full self-custody of the digital assets under the arrangement.

Global tournament exposure supports partnership visibility

The partnership launches ahead of the 2026 IIHF World Championship, where Denmark’s national team is expected to receive broad international television exposure.

Games involving the Danish team are broadcast across Sweden, Finland, Germany, Switzerland, Canada, and the United States through networks including Viaplay, ZDF, ARD, TSN, and ESPN.

According to the organizations, the 2025 IIHF World Championship generated a cumulative live television audience of 215 million viewers and 25.6 billion event impressions across 155 territories.

DIU noted that Denmark has become an established host nation for international hockey tournaments, hosting four IIHF World Championships within eight years, including the men’s tournaments in 2018 and 2025, and women’s tournaments in 2022 and 2026.

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• Tron (TRX) price is trading above $0.35 as the latest upward move adds to recent gains.
• The altcoin’s higher price action and network activity show marked divergence.
• Can TRX continue the uptick, or are bulls set for trouble amid a sharp reversal?

TRON (TRX) is among the stronger-performing altcoins on the day, posting modest gains as the token retests the key $0.35 resistance level amid a broader recovery across the crypto market.

Intraday data shows TRX trading volume declining 13% to about $639 million, suggesting softer market participation despite the price uptick.

The token’s ability to hold near current levels mirrors broader sentiment across major cryptocurrencies, with Bitcoin and Ethereum also maintaining important support zones.

However, analysts note that TRX’s price advance contrasts with weakening network activity metrics, a divergence that could point to potential downside risks if momentum fades.

TRX price outlook – overbought danger?

TRON is up about 23% year-to-date, making it one of the stronger-performing major altcoins over that period.

The token has continued to climb since rebounding from lows near $0.26 in early February.

Bulls are now testing resistance around $0.35, with traders watching for a possible move toward highs last seen in 2024.

Despite the strong performance, short-term technical indicators are beginning to show signs of caution.

The Relative Strength Index (RSI) has moved into overbought territory, a condition often associated with slowing momentum or potential reversals in momentum-driven markets.

Meanwhile, the MACD remains in bullish territory, although the indicator is beginning to show signs of weakening momentum.

CryptoQuant’s latest analysis highlighted this vulnerability, pointing to the stark divergence between price action and network activity.

According to the analysts, the TRX price surges in the past weeks have not aligned with on-chain activity.

For instance, the “Tokens Transferred (Total)” metric shrank from 17.3 billion to 12.2 billion, indicating reduced network utility. Prices bounced higher during this period.

“Typically, a healthy and sustainable price rally is validated by increasing network activity and utility. This glaring divergence suggests that the current upward momentum to $0.35 is not supported by actual on-chain usage. It implies that the recent price action might be driven more by speculation or hoarding rather than organic network activity,” CryptoQuant noted.

TRON experienced an 11% decline in the TRX burn ratio during Q1 2026, as users shifted toward staking rather than burning tokens for transaction fee discounts.

External factors, including ongoing scrutiny of founder Justin Sun, may further embolden bears if sentiment sours.

In the short term, key support levels cluster around $0.32-$0.29, which is where the 100-day and 200-day exponential moving averages currently hover.

A decisive break above $0.36 could validate the rally toward $0.40. Tron hit its all-time high price above $0.44 in December 2024.

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