Kategorie: Crypto Markets

• Cardano consolidates near $0.87 as Fed rate cuts loom; bulls eye $1 while bears target $0.70.
• ADA forms descending triangle; upside to $1–$2 possible if bulls break out.
• Market awaits Fed easing signals; ADA’s 150% surge potential hinges on macro and technicals.

Cardano (ADA), with its price around $0.87, remains among the top 10 cryptocurrencies by market cap despite bulls struggling over the past month.

While altcoins like Filecoin and BNB surge, ADA hovers at the current level after bears once again showed determination near $0.88.

The token’s 0.5% decline over the past 24 hours amid broader market bounce signals consolidation with technical indicators painting a potential short term bullish flip.

A cascade of selling pressure may otherwise hasten ADA price crash to the $0.70 level.

Cardano price: what are analysts saying?

Market sentiment and broader macro influences weigh heavily not just crypto but overall risk assets.

This includes the US Federal Reserve’s anticipated rate decisions on Sept. 17 that analysts say could be notable for investor sentiment.

“The Fed is widely expected to begin its next easing cycle tonight, with markets fully pricing in a 25bp cut that will bring the policy rate to 4.00–4.25%,” analysts at QCP wrote. “Given the Fed’s well-telegraphed intention to start cutting in September, investor focus is squarely on the Summary of Economic Projections (SEP) for clarity on the pace and scale of easing through 2026. Current market pricing reflects three cuts in 2025 and an additional three in 2026. Powell’s press conference will provide further details on the Fed’s near-term policy path.”

ADA price: 150% amid bullish technical picture?

Over the past week Cardano’s price action has been characterized by a tight consolidation within a descending triangle pattern.

This is a technical formation that often leads to sharp directional moves.

Whereas ADA hovers just above its 20-day exponential moving average (EMA) at $0.86, the Relative Strength Index stands at 51 to suggest room for both bulls and bears.

Buyers can explore a new leg before hitting overbought conditions.

Conversely, hovering near the neutral mid-point signals that sellers have a similar outlook before ADA likely tips towards the oversold territory.

On the upward, Cardano will target the psychological barrier around $1.00 and then a new leg up.

However, if bulls fail to rally, a dip to the historical floor around $0.80 will offer an opportunity for new buying interest.

The $0.70 area is the other big zone of interest for sellers.

Such a move would mean a 10-15% retracement, before bulls retake control and ADA aims for $0.95 and above $1.00.

A 150% surge from current levels means Cardano could hit $2 or higher in coming months.

Bulls’ aim will also include the all-time high above $3.10 reached in September 2021.

The post Cardano price forecast: Could Fed decision catalyze 150% gains for ADA? appeared first on CoinJournal.

• PancakeSwap price jumped 6% to above $2.66 before slightly paring gains.
• CAKE price has surged following the launch of BTC and ETH predictions.
• A technical breakout and broader market sentiment suggest CAKE is on course for fresh gains.

Decentralised exchange protocol PancakeSwap has seen its token CAKE surge amid increased volume as the DEX benefits from integration of Bitcoin and Ethereum into its Predictions Markets platform.

CAKE price reached highs of $2.75 as trading volume rose 185% to over $129 million.

PancakeSwap price rises as BTC & ETH predictions go live

PancakeSwap’s token CAKE rose after the DEX platform officially launched its highly anticipated BTC and ETH Predictions feature on BNB Chain.

According to details in a blog post, this move allows users to engage in price prediction markets for the two largest cryptocurrencies by market capitalisation.

This is available directly from within the PancakeSwap platform’s ecosystem.

The feature enables participants to forecast whether the prices of these assets will rise or fall over specified time frames.

Participation typically ranges from minutes to hours, thus adding a layer of speculative excitement to the DeFi space.

PancakeSwap’s predictions mechanism operates on a binary outcome model, where users stake CAKE tokens on their predictions.

Successful forecasters earn rewards from the collective pool, while incorrect bets result in losses to the same pot, ensuring a balanced and engaging marketplace.

This integration builds on PancakeSwap’s existing prediction tools, which previously focused on BNB Chain-native assets, but now extend to major cross-chain heavyweights like Bitcoin and Ethereum.

As BTC and ETH “go live” on Predictions, PancakeSwap has reported a sharp uptick in platform activity.

Trading volumes for prediction markets have seen a notable spike, while total value locked has increased to over $2.42 billion.

CAKE is benefiting from the enhanced liquidity and interoperability, as well as broader market gains.

CAKE price signals major rally

In the three days following the BTC and ETH predictions launch, CAKE price saw a decent surge to $2.66.

However, bulls failed to hold onto gains, and prices dropped to $2.43 before widespread gains across cryptocurrencies helped the PancakeSwap price rally.

The token’s utility in predictions, where CAKE is the primary staking asset, has contributed to the past 24 hours of price uptick.

A look at the technical indicators, including the Relative Strength Index (RSI), give buyers an upper hand.

The MACD is also hinting at a bullish and broader market sentiment is positive.

In this case, bulls will target December 2024 highs of $4.20.

However, if bears stand strong, they could aim for the key support area around $1.60.

The post CAKE price surges as PancakeSwap adds BTC & ETH predictions appeared first on CoinJournal.

• Filecoin price rose 6% as most altcoins spiked amid broader crypto gains.
• Network growth, capital rotation and macroeconomics are key FIL price catalysts.
• Filecoin’s pullback support levels are at $2.25 and $2.00.

Filecoin (FIL) price is showing signs of renewed momentum amid a broader altcoin resurgence.

As of writing on September 17, 2025, FIL price had climbed to an intraday high above $2.60, retesting the key resistance level, with bulls helped by increased trading volume and upbeat sentiment across altcoins.

This came as Bitcoin reclaimed $116,000 and Ethereum jumped to nearly 4,600.

Filecoin price jumps 6% on altcoin bounce

The cryptocurrency market is witnessing heightened activity ahead of the Federal Reserve’s interest rate decision on Wednesday.

But as capital rotation keeps Bitcoin’s dominance in check, the Altcoin Season Index has surged to see most of the top altcoins by market cap hit multi-year highs or reach new all-time highs.

Filecoin, in particular, has benefited from this broader bounce, posting a 6% gain over the last 24 hours to reach $2.64.

Meanwhile, trading volume for FIL has spiked by over 50% to hit $288 million.

The run to the intraday peak aligns with the overall altcoin surge, where total altcoin market capitalisation nears its all-time highs.

Institutional interest in decentralised infrastructure projects and the anticipated Federal Reserve rate cut are major tailwinds.

Meanwhile, on-chain metrics for FIL show increased storage deals.

A recent report by Messari showed the metric rising 25% quarter-over-quarter to 3.5 PiB as adoption in enterprise-grade data solutions increases.

“Growth in new deals was likely due to Filecoin Plus onboarding activity, new on-ramp integrations that lowered entry barriers for storage providers, and increased enterprise and research workloads, including datasets from Cornell University (Ramo), The Defiant (Akave), and Humanode via Storacha. Additional demand came from AI and DePIN-related data ingestion,” Messari wrote in their State of Filecoin Q2 2025 report.

Filecoin price prediction

Looking at the technical outlook for Filecoin’s price suggests a potential upward trajectory in the short term.

An altcoin momentum already has analysts forecasting a surge for top alts.

What this means is that capital inflows could push FIL beyond its current consolidation phase.

Filecoin’s jump to above $2.60 and successful retest of robust support at $2.50 give bulls room to target another run.

Filecoin price trades above the middle line of a descending channel after a breakdown and retest in August allowed bulls to edge close to the breakout line.

This suggests technical strength and, combined with the market’s rotation away from Bitcoin, puts FIL in position for a potential breakout.

In the short term, target price levels on the upside include $3.55 and $6.00. However, if downside action resumes,  FIL support levels likely to hold firm will be $2.25 and $2.00.

The post Filecoin price forecast: FIL retests $2.60 as altcoins rise appeared first on CoinJournal.

• Whale buys and rising turnover are fueling the Immutable (IMX) trading momentum.
• Ubisoft and Netmarble deals have boosted Immutable’s gaming profile.
• Breakout pattern points to a possible push toward $1.00 for IMX’s price.

Immutable’s native token, IMX, is staging a sharp rebound after months of weakness that had left the cryptocurrency lagging behind much of the market.

The token, which has traded sideways for much of the year, has broken out of a prolonged downtrend and is now attracting renewed attention from traders, whales, and major gaming partners.

At press time, the altcoin was trading at around $0.71 with a market capitalisation of nearly $1.38 billion.

This marks a significant recovery from its recent lows, although it still sits nearly 93% below both its 2021 peak of $5.75.

Whales stir the market

One of the clearest signals of renewed confidence in IMX has come from large investors.

On September 13, on-chain data revealed that a whale purchased 4.55 million IMX tokens, worth about $3.2 million at the time.

That move coincided with a 23% jump in large transactions and effectively ignited the current rally.

Whale activity overall has surged by more than 360% in recent weeks, underlining the return of big money to the token.

Such heavy buying not only adds liquidity but also signals conviction that IMX has more upside ahead.

With the token’s 24-hour turnover ratio hovering around 6.2%, trading activity has been robust enough to support the surge without signs of weakening momentum.

If the whale wallets continue to hold rather than take profits, the token could sustain its upward trajectory in the near term.

Gaming partnerships boost Immutable (IMX) credibility

Beyond trading dynamics, Immutable is also riding a wave of optimism fueled by major gaming partnerships.

Ubisoft, one of the biggest names in global gaming, recently announced the debut of its Might & Magic Fates trading card game on Immutable Play, using Immutable’s zkEVM technology for gas-free NFT transactions.

The move was showcased at Gamescom 2025, underscoring the studio’s commitment to exploring Web3 gaming through Immutable’s infrastructure.

Netmarble has also partnered with Immutable in a deal that allows creators to promote upcoming titles, including those linked to the popular Solo Leveling franchise.

Solo Leveling has just been onboarded to Netmarble’s NPC M creator program.

Immutable creators can now earn $MBX tokens for posting about Netmarble games — including some of the biggest franchises in the world.

Creators win on Immutable. pic.twitter.com/nCovhA3gr0

— Robbie Ferguson | Immutable (@0xferg) September 11, 2025

Notably, the Netmarble partnership announcement on September 11 coincided with IMX’s breakout from a short-term symmetrical triangle pattern, giving technical traders a bullish signal and strengthening sentiment across the community.

So far, the network has onboarded more than 660 games and built a user base exceeding 5.6 million, according to community reports.

IF YOU’RE READING THIS ITS TOO LATE!

Here is a 1-Min video on why @Immutable Growth is compounding 👇 pic.twitter.com/igtLcfZabb

— Roninxx (@kenn_ronin) September 7, 2025

The cofounder further revealed on September 15 that several multi-generational Web2 franchises are preparing to onboard in the coming weeks, potentially opening the door to mainstream anime and entertainment IPs.

These partnerships matter because almost 97% of the total IMX supply is already circulating, and the increased use within the gaming industry reduces the token’s inflation risk, contrasting with many other tokens that are still unlocking significant portions of supply.

This gives Immutable (IMX) a stronger foundation for sustainable price growth.

Technical breakout draws traders back

From a technical perspective, IMX’s recent breakout from its symmetrical triangle formation marks the first significant bullish signal after a long decline stretching back to 2021.

Notably, the token’s rebound from its demand zone is a critical shift that could push it toward the psychological $1.00 level if momentum holds.

Some even suggest that the setup could deliver another 40% to 60% move higher in the short term.

The alignment of whale activity, gaming partnerships, ecosystem expansion, and technical strength has revived confidence that Immutable may finally be turning the page after years of correction.

While risks remain and the token’s distance from its previous highs is still wide, the price forecast shows that both investors and industry partners are betting that IMX’s next chapter could be one of growth rather than decline.

The post Immutable (IMX) price rebounds sharply after deep correction: here’s why appeared first on CoinJournal.

• Avalanche (AVAX) price is in the green on Tuesday morning, with bulls hovering above the critical level of $30.
• Most cryptocurrencies trade at key levels amid the broader market’s anticipation around the Federal Reserve’s meeting and interest rate decision.
• Institutional interest also continues to grow, with Bitwise filing for an Avalanche spot exchange-traded fund with the US Securities and Exchange Commission.

Avalanche price eyes breakout above $30

While small-cap tokens like Avantis skyrocket to lead top gainers on the day, the Avalanche (AVAX) price hovers green. It currently trades as one of the top gainers among the top 20 cryptocurrencies.

The altcoin traded around $30.50 as of writing on September 16, up 7% in the past 24 hours and an impressive +18% over the last seven days.

It’s a performance that outpaces the global cryptocurrency market’s 1% gain and sees bulls close to the resistance line of a channel breakout.

Trading volume has spiked to $1.18 billion, up by more than 27% in the last day to signal buying pressure.

From a technical point of view, chart patterns suggest that AVAX is on the cusp of a significant channel breakout.

While the token has largely consolidated within a descending parallel channel, a recent uptick has bulls looking at a potential corrective pattern that could allow for a retest of $44.

Avalanche has notably breached the critical $27 horizontal resistance level. Holding above this level and piercing the $30 barrier may allow bulls to break above the channel’s upper boundary.

The Relative Strength Index (RSI) at 64 indicates room for gains before overbought conditions hit. A bullish outlook is also supported by the Moving Average Convergence/Divergence (MACD) on the daily chart.

Overall, the chart structure positions AVAX favorably for a move above $30, potentially fueled by ecosystem expansions and DeFi growth.

Bitwise AVAX ETF filing and Fed decision

Compounding the technical optimism are recent regulatory and macroeconomic trends.

One of these is the development that saw Bitwise Asset Management file an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot Avalanche ETF.

NEW: @BitwiseInvest adds an Avalanche ETF to their filings list pic.twitter.com/tXOmHmSWeR

— James Seyffart (@JSeyff) September 15, 2025

This filing, following the establishment of a statutory trust in Delaware, proposes direct exposure to AVAX through custody-held tokens, allowing investors to gain regulated access without managing wallets or private keys.

VanEck and Grayscale are among the top issuers seeking approval for ETFs tracking the AVAX cryptocurrency. Sentiment is high amid anticipation of an SEC nod in the coming months.

Also buoying AVAX price is expectation around the Federal Reserve’s upcoming decision on interest rates.

The Fed meets this week and a 25 basis point cut could inject fresh liquidity into risk assets like cryptocurrencies. Avalanche’s price will rally alongside other altcoins.

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