Kategorie: Crypto Markets

• XRP holds above the $1.13 breakout level.
• Whale selling drops as large holders increase accumulation.
• XRPL daily payments surpass 500,000 transactions.

XRP recently moved above the $1.13 level, a price zone that many traders had been watching as a major resistance area.

Holding above this level has shifted attention toward higher resistance levels, with market analyst Dark Defender identifying $1.22, or approximately $1.2269, as the next upside target using Elliott Wave analysis and Fibonacci extension levels.

XRP a clear break and expected to complete the 5 Wave structure we set on 30 Jun. I will add it as a second post for you to check!

$1.13 is the KEY. $1.22 is in sight. (NFA)

Enjoy your day!#XRPArmy #ripple pic.twitter.com/gPCyQQgfzO

— Dark Defender (@DefendDark) July 21, 2026

Dark Defender’s analysis suggests that maintaining support above the breakout zone remains critical for the bullish structure to stay intact.

A sustained move above the current range would strengthen the technical setup, while a drop back below the breakout level could trigger another test of lower support.

Golden cross and breakout strengthen XRP’s technical picture

Another development attracting attention is the appearance of a golden cross, a chart pattern that occurs when a shorter-term moving average crosses above a longer-term moving average.

This signal has historically been associated with improving medium-term momentum.

Although a golden cross does not guarantee higher prices, it is widely regarded as one of the stronger confirmation signals when it appears alongside a confirmed breakout.

The combination of a resistance breakout and a golden cross has created a stronger technical backdrop than either signal would have provided independently.

Focus is now on whether XRP can build enough momentum to challenge the next resistance area identified by Dark Defender.

Whale accumulation replaces heavy selling pressure

On-chain data has also shown a noticeable change in the behaviour of large XRP holders.

Recent blockchain metrics indicate that whale selling pressure has dropped to its lowest level recorded since 2025.

Earlier in the year, hundreds of millions of XRP were regularly transferred by large holders to exchanges, increasing potential selling pressure.

Those exchange inflows have since declined sharply, suggesting that major holders are becoming less active sellers.

At the same time, blockchain data points to accelerating whale accumulation, indicating that some large investors are increasing their XRP positions instead of reducing them.

Normally, buying activity from large wallets reduces immediate selling pressure on the market.

Even so, whale accumulation alone does not determine future price direction. A sustained rally still depends on broader market demand and continued buying interest across both institutional and retail participants.

XRPL network activity reaches important milestone

Beyond price action, the XRP Ledger has also recorded stronger network usage.

Daily payment activity on the XRPL recently climbed above 500,000 transactions, marking one of the strongest levels of network utilisation in recent months.

Payment volume is one of the key indicators used to measure blockchain activity because it reflects how frequently the network is being used for transfers and settlement.

The increase in payment activity comes alongside growing development across the XRPL ecosystem, including projects focused on integrating artificial intelligence with blockchain infrastructure.

While these initiatives are still developing, they point to broader activity taking place beyond simple token trading.

The post XRP price eyes breakout as golden cross, whale accumulation and XRPL activity surge appeared first on CoinJournal.

• Whale bought about 200 million DOGE near the $0.07 support.
• Dogecoin has stayed below its 20-day EMA for a record 65 days.
• Bulls must reclaim $0.075-$0.08 to improve momentum.

Dogecoin has struggled to keep pace with the broader cryptocurrency market, even as Bitcoin and several large-cap digital assets have posted stronger performances in recent weeks.

The popular memecoin is trading at $0.07267, down 0.7% over the past 24 hours, with its price confined to a narrow $0.07207–$0.07381 trading range.

While the subdued price action reflects weaker momentum, on-chain activity and technical indicators suggest a cautious outlook.

Whale buying contrasts with weak price action

One of the notable developments in recent days has been renewed whale activity.

Reports indicate that a large investor acquired roughly 200 million DOGE, a purchase valued at about $14 million, while the token traded near the $0.07 level.

Large purchases of this size often attract attention because they can signal confidence from investors with significant capital.

However, the buying has not yet translated into a broader recovery in price.

Dogecoin remains nearly 90.1% below its all-time high of $0.7316, reached in May 2021, although it is still more than 83,000% above its all-time low recorded in 2015.

The muted reaction reflects the broader slowdown in the memecoin market, where trading enthusiasm has eased compared with earlier phases of the crypto cycle.

Technical indicators show key support facing an important test

Price action continues to revolve around the $0.07-$0.071 support zone, an area identified by several market analysts as a key technical level.

Holding above this range would preserve the possibility of a recovery, while a decisive move below it could expose Dogecoin to additional downside toward the $0.060-$0.058 region.

On the upside, resistance begins around $0.07394, which aligns with the 20-day exponential moving average.

Additional resistance sits near $0.075, followed by the 50-day EMA around $0.07950.

Beyond that, traders are watching the $0.08 level, with $0.08736 near the 100-day EMA and the 200-day EMA around $0.10368 representing higher resistance levels.

The technical picture remains challenging because Dogecoin has now spent 65 consecutive trading sessions below its 20-day moving average, the longest streak on record.

Investor Jordi Visser said this prolonged weakness suggests retail participation has yet to return to the market, raising questions about whether the broader crypto rally has fully expanded beyond Bitcoin and other leading assets.

Despite the bearish trend, momentum indicators are beginning to show signs of exhaustion.

The monthly Stochastic RSI has moved into oversold territory, a condition that technical analyst Trader Tardigrade compared with previous market cycles that were later followed by strong recoveries.

$Doge/monthly#Dogecoin bounces every single time it touches this support trendline — and the pump after each touch is accelerating.

2017: Touch → Pump
2020: Touch → Bigger pump
2026: Touch → ?

This is a long-term support that has held for nearly a decade. Every bounce gets… pic.twitter.com/4paJozoI6j

— Trader Tardigrade 🧬 (@TATrader_Alan) July 22, 2026

Oversold readings alone do not guarantee a reversal, but they indicate that selling pressure may be weakening.

DOGE’s recovery depends on reclaiming key resistance levels

Dogecoin’s technical outlook now depends on whether Dogecoin can maintain support above $0.07.

A sustained move above $0.075 would represent an early improvement in momentum, while reclaiming $0.08 would strengthen the short-term outlook.

Some technical models point to $0.105 as a potential upside target if support continues to hold and buying momentum builds.

Other longer-term projections have suggested that Dogecoin could revisit the $0.15-$0.22 range under favourable market conditions.

Those projections, however, depend on stronger participation across the cryptocurrency market and a broader recovery in memecoin sentiment rather than current price action alone.

For now, Dogecoin remains in a consolidation phase, and whether it can defend the $0.07 support zone and reclaim nearby resistance levels is likely to determine the next significant move for the memecoin.

The post Dogecoin price outlook: whales accumulate as memecoin momentum decline appeared first on CoinJournal.

• Cardano (ADA) gained 7.8% in 24 hours as buying momentum returned.
• Van Rossem upgraded Cardano with faster smart contracts.
• Whale accumulation has put the $0.20 level back in focus.

Cardano has bounced back after a sharp sell-off, with ADA climbing nearly 8% over the past 24 hours to trade around $0.1747.

The recovery comes amid a combination of strong whale accumulation, a major network upgrade, and renewed buying interest, even as lingering security concerns persist in the broader ecosystem.

Notably, the recovery has also brought a key level back into focus.

After gaining 11% over the past seven days and reaching an intraday high of $0.1774, focus is now on whether ADA can build enough momentum to challenge the $0.20 mark in the coming sessions.

Whale accumulation and price recovery strengthen bullish sentiment

Cardano’s recent rebound comes after a period of heavy selling that pushed ADA to a 24-hour low of $0.1615 before buyers stepped in.

The token has since recovered to around $0.1747, reflecting a 7.8% daily gain and signalling that demand has returned after the decline.

One of the biggest developments supporting the recovery is increased whale activity.

Large holders have reportedly accumulated substantial amounts of ADA during the recent weakness, a trend that is often viewed as a sign of confidence from long-term investors.

The accumulation has fueled speculation that Cardano could attempt a move toward $0.20, a level that has emerged as an important psychological resistance.

Trading activity has also remained strong. Cardano recorded approximately $435 million in 24-hour trading volume, highlighting continued participation as the token recovered from recent lows.

Van Rossem hard fork marks a major milestone for Cardano

Beyond price action, Cardano has received a fundamental boost through the successful activation of the Van Rossem hard fork, which upgraded the blockchain to Protocol Version 11.

The upgrade introduces several technical improvements designed to enhance the network’s efficiency.

These include lower-cost and faster execution of Plutus smart contracts, updated cost models, additional built-in functions for developers, and stronger node security.

Perhaps more importantly, the upgrade represents a governance milestone for the blockchain.

It is the first Cardano hard fork approved entirely through the network’s on-chain governance system, with participation from Delegated Representatives (DReps), Stake Pool Operators (SPOs) and the Constitutional Committee.

The successful implementation reinforces Cardano’s transition toward community-led governance while providing developers with improved tools for decentralised finance, NFT applications and other blockchain-based services.

Hoskinson shifts focus to long-term network development

As ADA experienced heightened volatility, Charles Hoskinson, the founder of Cardano and chief executive of Input Output Global (IOG), urged investors to focus on the network’s long-term development rather than short-term price swings.

Hoskinson said Cardano should be measured by the strength of its technology and the continued decentralisation of its ecosystem.

He also explained that IOG intends to place greater emphasis on research and innovation while more organisations take responsibility for maintaining Cardano’s core infrastructure.

According to Hoskinson, development of Cardano’s Haskell-based node software is already being shared among multiple companies, reflecting the project’s broader push toward decentralised development.

These comments came as the network continued expanding its governance model following the Van Rossem upgrade, adding another layer to Cardano’s long-term roadmap.

Bridge exploit adds caution despite improving outlook

While Cardano has benefited from positive developments, the ecosystem also faced negative headlines after an exploit involving Wanchain’s Cardano bridge.

The incident resulted in the theft of approximately 515 million NIGHT tokens, valued at around $9 million. However, the exploit affected the bridge infrastructure rather than Cardano’s Layer 1 blockchain itself.

That distinction is important because cross-chain bridges operate independently from the underlying blockchain.

The incident therefore did not indicate a flaw in Cardano’s consensus mechanism or protocol, although it highlighted the security risks that continue to surround interoperability platforms across the cryptocurrency industry.

Wanchain @wanchain_org Cardano bridge was reportedly being attacked, with ~515M $NIGHT drained from the bridge Treasury.

Our initial investigation suggests that the root cause seems to be a non-injective signed-message encoding in the TreasuryCheck validator. The signed message… https://t.co/bnWEnw3Dxc pic.twitter.com/PQFAN6lRn9

— BlockSec Phalcon (@Phalcon_xyz) July 21, 2026

For investors, the exploit served as a reminder that infrastructure built around a blockchain can still introduce risks even when the core network remains unaffected.

Cardano price prediction

Cardano enters the coming sessions with improving momentum after recovering from its recent lows.

ADA’s move from $0.1615 to around $0.1747, combined with an 11% weekly gain, suggests buying interest has strengthened following the latest market correction.

At the same time, whale accumulation, the successful rollout of the Van Rossem hard fork and continued development under Input Output Global have provided supportive fundamental developments for the network.

The next major level remains $0.1917, with the next higher level at $1.20. A sustained move above that price would represent the next significant technical milestone after ADA’s recent recovery.

Until then, traders are likely to watch whether buying volume remains strong enough to maintain the current rebound while the market continues to digest both the positive network upgrades and the recent bridge-related security incident.

The post Cardano price jumps 8% as whales accumulate and ADA targets $0.20 appeared first on CoinJournal.

• Daily Avalanche transactions surged from 300K to 6.2 million in a year.
• A $23.3 million AVAX unlock could shape short-term price action.
• AVAX must hold $6.32 support to keep bullish momentum alive.

Avalanche enters a critical week with two contrasting forces shaping the outlook for AVAX.

On one hand, activity on the network has climbed sharply over the past year, highlighting growing usage across the ecosystem.

On the other, the market is preparing for a token unlock worth roughly $23.3 million on July 21, an event that could influence short-term price action as traders assess whether additional supply will trigger fresh selling.

At the time of writing, AVAX was trading at $6.58, up 2.1% over the previous 24 hours.

While the latest gains point to some buying interest, the token remains well below its historical peak, raising questions about whether improving network fundamentals can eventually translate into stronger price performance.

Avalanche network activity outpaces price performance

Avalanche has recorded one of its strongest periods of on-chain growth in recent months.

Daily transaction activity expanded dramatically over the past year, rising from roughly 300,000 transactions per day during the second quarter of 2025 to a peak of 6.2 million daily transactions in July 2026.

Although activity later cooled from that peak, the network was still processing around 2.62 million daily transactions, a level that remains significantly higher than a year ago.

The figures suggest that user activity has continued despite broader weakness across the cryptocurrency market.

The increase in network usage has also been accompanied by continued token burns.

Around 135.65 AVAX was recently removed from circulation through Avalanche’s fee-burning mechanism, showing that on-chain activity has remained active even during periods of price consolidation.

Liquidity across the ecosystem has also improved.

Stablecoin balances on Avalanche have expanded significantly over recent months, at one stage exceeding $2 billion, reflecting greater capital flowing through decentralised applications and blockchain services built on the network.

Despite those developments, AVAX has struggled to establish a sustained recovery.

The divergence between stronger blockchain activity and subdued price performance has become one of the key themes surrounding Avalanche in recent months.

FIFA partnership adds another long-term adoption milestone

Avalanche has also strengthened its position through one of the largest sporting organizations in the world.

FIFA selected Avalanche as the blockchain infrastructure supporting its dedicated Layer-1 network for FIFA Collect, bringing blockchain technology to a platform connected with millions of football fans worldwide.

The timing was particularly notable seeing FIFA World Cup is one of the world’s biggest sporting events.

The just-concluded 2026 FIFA World Cup tournament increased visibility for blockchain-powered digital collectibles and fan engagement initiatives.

Rising ticket prices linked to dynamic pricing models and travel restrictions affecting some international supporters attracted widespread attention.

Token unlock puts short-term price levels in focus

The immediate event drawing traders’ attention is the scheduled July 21 token unlock, which will release approximately $23.3 million worth of AVAX into the market.

Although the unlock represents only around 0.7% of the existing token supply available for trading, such events often receive close attention because they can increase short-term selling pressure if recipients decide to realise profits.

From a technical perspective, AVAX is approaching an important resistance level at $6.62, which aligns with the 38.2% Fibonacci retracement.

A decisive move above that level could shift attention toward the next upside target around $6.80.

On the downside, $6.32 remains the key support level. The price has managed to hold above that area so far, but a break below it would increase the possibility of a move back toward the recent swing low near $5.85.

Trading volume around the token unlock is likely to become one of the main indicators traders monitor as the additional tokens enter circulation.

The post Avalanche faces key test as $23M token unlock meets surging network activity appeared first on CoinJournal.

• HYPE must reclaim $62.16 to target the next resistance at $64.55.
• HIP-4 introduces permissionless prediction markets on Hyperliquid.
• Creating a market requires a 500,000 HYPE bond with slashing risk.

Hyperliquid (HYPE) has spent the past month trading below its mid-June peak, but a major protocol upgrade is drawing fresh attention to the cryptocurrency.

The combination of a key technical setup and the upcoming HIP-4 permissionless prediction markets upgrade has revived hopes of another breakout attempt above $62.

HIP-4 introduces permissionless prediction markets on Hyperliquid

The proposed HIP-4 upgrade introduces permissionless prediction markets, allowing qualified participants to create markets directly on the network rather than relying on a centrally managed approval process.

Prediction markets enable users to trade on the outcomes of future events, including elections, sporting events, macroeconomic developments, and cryptocurrency-related milestones.

Instead of operating as a separate application, these markets will run on Hyperliquid’s existing trading infrastructure alongside spot and perpetual products.

The upgrade is designed to use the same order book, liquidity pools and trading accounts that already support the protocol’s broader ecosystem.

This approach allows prediction markets to integrate with Hyperliquid’s existing trading environment rather than creating a standalone platform.

A notable feature of HIP-4 is the economic requirement placed on market creators.

Anyone seeking to launch a permissionless prediction market must post a 500,000 HYPE bond before a market can go live.

Based on HYPE’s current price near $60.92, that requirement represents roughly $30.5 million worth of tokens.

The bond also carries slashing risk, meaning part or all of it can be forfeited if a market creator violates protocol rules or engages in malicious activity.

The mechanism is intended to strengthen accountability while protecting the integrity of markets created on the network.

The proposal also expands the practical role of HYPE within the protocol.

Beyond its existing functions, the token becomes a core economic requirement for launching new prediction markets, linking network participation directly to token ownership.

Hyperliquid price analysis

Hyperliquid’s native token, HYPE, was trading at $60.92 at the time of writing, down 0.2% over the past 24 hours.

During the same period, the token moved between $59.85 and $61.57, showing relatively tight price action.

Overall, the recent trend has been weaker over longer time frames, with HYPE declining 5.4% in the past seven days, 12% over the past two weeks, and 14.1% over the last 30 days.

Even so, the token remains 33.4% higher than it was a year ago, highlighting that the broader trend is still stronger than the recent pullback suggests.

From a historical perspective, HYPE is trading about 21.2% below its all-time high of $76.87, reached on June 16, 2026.

In addition, Hyperliquid continues to attract significant activity across its ecosystem.

The protocol currently secures approximately $6.069 billion in total value locked (TVL), while 24-hour trading volume stands at around $268.29 million, reflecting continued participation despite the recent decline in price.

Technical indicators place $62.16 in focus

Price action has now shifted attention to several technical levels that could determine HYPE’s next direction.

The first major resistance sits at $62.16. A confirmed daily close above that level would place the next resistance around $64.55, making $62.16 one of the most closely watched levels on the chart.

On the downside, HYPE is trading near an important support level at $60.74. Maintaining that level could help stabilise recent price action, while a break below it would shift attention toward the next support at $59.18.

Momentum indicators also show that the market has not reached an extreme condition.

The Relative Strength Index (RSI-14) currently reads 42.89, placing it in neutral territory rather than in either overbought or oversold conditions.

The moving average structure, however, presents a mixed picture.

HYPE remains below its 10-day, 20-day, and 50-day exponential moving averages, indicating that short-term momentum is still under pressure.

However, the token continues to trade above both the 100-day and 200-day exponential moving averages, suggesting that the longer-term outlook remains intact despite the recent correction.

The post Hyperliquid price analysis: Can HIP-4 prediction markets push HYPE above $62? appeared first on CoinJournal.