Kategorie: Crypto Markets

• Avalanche spot ETFs have extended their zero net inflows streak to 16 days.
• The AVAX token has traded lower amid the laggard ETF market.
• If bulls flip the picture, AVAX could target $16 and then $20 in the next leg up.

Avalanche (AVAX) price faces downward pressure near $9.00 as its spot exchange-traded funds (ETFs) mark yet another milestone in investor apathy.

Despite gains of nearly 4% this past week, zero net inflows persist and could accelerate amid a sluggish altcoin market.

Avalanche spot ETFs’ “bad” net inflows streak

While spot Bitcoin ETFs have shown intermittent days of net inflows and outflows over the past month, the two spot AVAX ETFs have established a long streak of no net inflows.

SoSoValue data indicates that VanEck’s VAVX and Grayscale’s GAVA have recorded zero net inflows for sixteen consecutive trading days, a streak that began on March 18, 2026.

This drought follows a brief surge on March 17, when the funds attracted $246,000 in combined net inflows, building on $532,000 that flowed in earlier that week.

Since then, however, capital has stalled completely, mirroring broader altcoin fatigue in a Bitcoin-dominated market.

As of April 10, 2026, cumulative net inflows for the ETFs total $9.76 million, with daily trading volume remaining anemic at $251,800.

The funds collectively manage $17.14 million in assets under management (AUM), representing just 0.43% of AVAX’s circulating market cap.

This limited exposure highlights the challenges in drawing institutional interest to Avalanche’s ecosystem, despite its strengths in high-throughput blockchain scaling and subnet technology.

Avalanche price outlook

Market observers link the inflows freeze to macroeconomic caution and geopolitical tensions dampening risk appetite.

ETF analysts note that without fresh capital, these products struggle to provide the liquidity boost seen in Bitcoin and Ethereum counterparts, potentially prolonging AVAX’s price consolidation.

AVAX has failed to hit sustained upside momentum since the token tested resistance near $35 in September 2025.

The subsequent plunge below the critical $10 psychological level has left bulls on the defensive, as sellers dominate amid fading on-chain activity and reduced DeFi TVL on Avalanche’s network.

Currently, AVAX trades around the $9.00 support zone, where the Supertrend indicator gives bears the advantage.

However, a fragile uptick over the past week offers slim hope for upward momentum or stabilization as bulls eye $10.00.

Technical indicators signal this possibility, with the Relative Strength Index (RSI) hovering just above 50 on the daily chart.

Analysts have also pointed to the resilience of the broader crypto market as one likely to support a clean break above $10.20.

If bulls invalidate the downtrend, the immediate target will be the $12-$16 region. Highs of $20 could attract bullish traders.

However, failure to hold $9.00 risks acceleration toward $8.50, opening the door to a retest of the year-to-date lows of $7.53 reached on February 6.

The post Avalanche price outlook as AVAX spot ETFs extend zero net inflows streak appeared first on CoinJournal.

• Toncoin whales have accumulated over 189,700 TON in three months.
• Heavy accumulation comes as TON activates the Catchain 2.0 upgrade.
• ​TON price rose to intraday highs of $1.32, could eye $1.89-$2.40 next.

Toncoin (TON), the cryptocurrency token of the Telegram-supported TON Blockchain, is trading higher on the day amid signs of renewed investor interest.

On Friday, the Toncoin price hovered at $1.30 as large holders, or “whales,” scooped up more tokens. The accumulation comes amid a tentative broader market recovery.

​Toncoin price tests $1.30 zone amid whale accumulation

Toncoin’s price has climbed 4% in the past 24 hours, hovering near the critical $1.30 resistance zone.

The token reached an intraday high of $1.32 during the Asian trading session.

Buyers helped push trading volume up, with the metric spiking 104% as of writing to $160 million, marking a 45% increase from the previous day’s average.

This uptick arrives as Bitcoin holds above $71,000 amid bets on a new leg to $80,000.

Notably, TON’s momentum aligns with this backdrop, particularly as the network’s 100 largest whale addresses have collectively scooped up an additional 189,730 $TON over the past three months.

This accumulation persists despite broader market headwinds.

Analysts at Santiment highlighted what’s likely bullish in a post:

“Even with the #29-ranked coin in crypto losing two-thirds of its market cap since its local top in early August 2025, this heavy accumulation is a promising sign that a relief rally may come quickly once crypto markets finally turn the page from this bear cycle.”

Whale activity often points to fresh confidence in a project, and the aggressive buying shows interest in Toncoin’s underlying ecosystem.

The token is tied to the Telegram-integrated TON blockchain, which continues to expand through decentralized applications and mini-apps.

TON price is looking to bounce higher as the community cheers the Catchain, an upgrade designed to boost network throughput and block processing capacity.

In a post on X, Telegram CEO Pavel Durov commented on how bullish this upgrade is for Toncoin, noting that it marks the first step in a 7-stage Make TON Great Again (MTONGA) vision.

The TON blockchain just got upgraded and is now 10× faster.

Block rate increased 6×.

Transactions are now instant, subsecond.

This was step 1 of 7 to Make TON Great Again (MTONGA).

Next step: cut the already low transaction fees by 6×.

— Pavel Durov (@durov) April 9, 2026

What’s next for Toncoin price?

Such large-scale buying often precedes price reversals, as these investors position for potential rebounds.

Toncoin’s technical picture indicates that the price remains entrenched in a downtrend that began in June 2025, when it peaked above $8.20.

Persistent selling has resulted in a 84% decline in its value.

Bulls are not out of the woods yet, but a decisive break above $1.35 could ignite fresh upside momentum.

In this case, a potential target in a fresh rally would be the next resistance cluster around $1.89-$2.00. Significant supply pressure could follow at $2.40, an area of prior profit-taking deals.

Conversely, if sellers regain control, primary support levels beckon at $1.15.

A drop below $1.00 could accelerate selling toward $0.85, the multi-month low.

The post Toncoin jumps near $1.30 as whale buying fuels breakout hopes appeared first on CoinJournal.

• Bitcoin trades above $70,700 as derivatives data shows $80,000 calls dominating on Deribit.
• BTC rebounded to near $72,900 on Wednesday as a US-Iran ceasefire eased oil pressures.
• Analysts see end of stress cycle, targeting $80,000 if $75,000 breaks.

Bitcoin’s resurgence to above $70,000, with intraday highs of $72,900, has crypto enthusiasts in an upbeat mood. The cryptocurrency hovers near $70,800 as of writing, off highs seen on Wednesday, but bulls are upbeat as fresh market signals point to a potential breakout.

Traders bet on next leg up for Bitcoin

Bitcoin is well off its year-to-date highs and has struggled since breaking lower in late January 2026. Bears are therefore still on the hunt.

However, this week has investor sentiment shifting bullish, fueled by the US-Iran ceasefire and key activity in Bitcoin derivatives. Data suggests investors are eyeing a potential rally to $80,000.

Options data from Deribit, the platform that accounts for the lion’s share of the global crypto options market, shows bullish bets on prices surging to $80,000 have increased.

Call options betting on BTC climbing beyond the $80k strike price have hit $1.6 billion. This is a stark reversal from recent months when $60,000 puts, which outline wagers on price drops, dominated the outlook.

On-chain data also supports the bullish case, with Morgan Stanley’s ETF debut netting over $34 million in volume.

Allyson Wallace, global head of ETFs at Morgan Stanley, commented ahead of the launch: “The demand, especially from the high-net-worth investors, has been quite high. Viewed at the firm level, this is an asset class that is not going away.”

Bitcoin price prediction

The crypto market began the week with all eyes on Bitcoin. Notably, BTC bounced to highs near $72,900, hitting levels last seen since March 18. The uptick saw buyers push from lows near $67,700 overnight Tuesday, April 7, amid news of a ceasefire between the US and Iran.

Investors buoyed by the prospect of an easing in oil prices helped BTC higher. With broader inflation concerns dissipating, a further strengthening in the ceasefire could see Bitcoin prices break to $75,000. If this happens, the next target will be $80,000 or higher.

However, geopolitical risks remain amid a likely fragile ceasefire. If fresh attacks begin and an escalation occurs, a surge in oil prices could send risk assets plummeting.

The post Bitcoin price forecast as traders bet on $80,000 next appeared first on CoinJournal.

• Zcash surged above $336 after breaking key resistance as cryptocurrencies rose.
• The US-Iran ceasefire and fresh institutional interest have buoyed ZEC bulls.
• A potential short squeeze could catapult the ZEC price to above $500.

Zcash price has jumped 24% in the last 24 hours to $336, positioning ZEC as the top performer among the top 100 cryptocurrencies by market capitalization as of writing.

This sharp rally, which follows US President Donald Trump’s decision to abandon threats of military action against Iran in favour of a two-week ceasefire announcement, aligns with a pump across risk assets, including cryptocurrencies.

Zcash’s gains see it test the highest levels since late January 2026, and it currently sits 18th among the largest coins by market capitalization.

ZEC pumps amid crypto uptick

Zcash has pushed decisively beyond $300, delivering double-digit gains in 24 hours as its short-term outlook shifts bullish amid de-escalation in the US-Iran war.

The privacy-focused coin rose to intraday highs of $336, having cleared a major supply barrier as it tracked altcoins that echoed Bitcoin’s climb past $72,000.

ZEC traded at lows of $250 on Tuesday, and today’s uptick comes amid a 170% spike in daily volume.

Notably, geopolitical developments have added fuel to the upside spark of fresh institutional interest.

For instance, Foundry, operator of the world’s leading Bitcoin mining pool, has revealed plans to enter Zcash mining.

Also notable is the Zcash Open Development Lab’s unveiling of a $25 million ecosystem fund, with the initiative boasting the backing of global venture powerhouses like a16z crypto, Paradigm, and Coinbase Ventures.

Zcash price analysis

Zcash was holding above $330 on April 8, 2026, up on the day, as the broader near-term sentiment hints at bullish bias.

The positive picture aligns with the token’s powering through the convergence of its 100-day and 200-day Exponential Moving Averages (EMAs)

ZEC’s rebound means bulls can now eye the February 14 peak as a support level.

A firm close beyond this previous resistance-turned-support mark could unlock further upside, potentially triggering a short squeeze toward $500. Buyers now dominate as shorts suffer.

Leading into the breakout, Zcash had traced higher lows after a dip to a low of $193 on March 7, 2026.

Despite a long-term descending trendline, gains signal steady accumulation by investors. Momentum indicators back this recent outlook.

As well as the RSI, the Awesome Oscillator (AO) has flipped positive with expanding green bars.

That said, the steep vertical advance over the past two days hints at short-term overextension, particularly with the RSI in overbought territory.

In any case, such explosive moves typically invite minor retracements or sideways action.

Zcash price could thus revisit the $250-$230 region, before resuming higher.

The post Zcash surges 24% to $336 as crypto rally gains momentum on Iran truce appeared first on CoinJournal.

• Solana price has gained in the past 24 hours as Bitcoin retests $72,000.
• The SOL token could rally to $150 amid the US-Iran ceasefire.
• However, continued weakness could allow bears to target $70 or lower.

​Solana’s latest rebound has revived bullish speculation, with decent gains aligning with an uptick for risk asset markets.

As traders digest the impact of easing geopolitical tensions amid the ceasefire between the US and Iran, the key question is whether a shift in sentiment could propel Solana to its year-to-date highs of $150.

​Solana eyes $90 as geopolitical risk cools

As noted, the broader cryptocurrency market pushed higher overnight Tuesday after US President Donald Trump announced a two‑week ceasefire deal with Iran.

The news has eased fears of a deeper regional conflict, with the Pakistan‑brokered talks coming ahead of a 48‑hour deadline set by Washington.

Stocks and cryptocurrencies rose as risk sentiment changed from defensive positioning to an aggressive hunt for upside exposure.

The sharp gains saw more than $425 million in short positions liquidated in the past 24 hours, with over $100 billion added to the global crypto market capitalization.

​Bitcoin edged above the $72,000 mark, and Ethereum climbed to $2,270, boosting altcoins as traders rotated capital back into major tokens and high‑beta plays. Solana’s upswing had SOL advancing to above $86.

The move toward $90 erases part of last week’s drawdown that followed the Drift Protocol exploit.

​SOL price analysis

While SOL’s percentage gains pale in comparison to intraday moves of Zcash, Bittensor, and LayerZero, the uptick was still significant from a market‑structure point of view.

The recovery helped re‑establish a higher trading range, suggesting that the worst of the exploit‑driven capitulation may be over if the ceasefire holds and broader crypto inflows continue.

​On the charts, SOL has recently been shadowed by a developing bear flag formation.

The classic chart pattern usually signals downside continuation if a clean break occurs, and its formation had bears threatening a drop back toward the $70 region.

​The bounce to near $90 is crucial even as the bearish structure remains.

If bulls can consistently defend the $80-$85 band and convert the area into a solid demand zone, the next immediate resistance is likely to emerge around $95-$100.

This is where prior supply and key moving averages converge, and a breakout could pave the way for a higher resistance cluster in the $120-$135 zone.

Bulls can target January 2026 highs near $150.

However, if buyers fail to break and hold above the $90 level, the technical backdrop would increasingly favor an extension of the downtrend.

This outlook exposes SOL to renewed downside pressure toward $70, with critical support near $54.

The post Solana price forecast: is $150 next amid US-Iran ceasefire? appeared first on CoinJournal.