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Avalanche price prediction: AVAX could retest $15 before recovery

Key takeaways

  • AVAX is trading above $17 per coin after hitting the $15.90 mark on Sunday.
  • Despite its recovery, AVAX could retest the $15 low before surging higher.

AVAX surges 2% as broader market recovers

The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, ETH, AVAX, and other major cryptocurrencies have bounced back from yesterday’s lows and could rally higher soon.

AVAX, the native coin of the Avalanche blockchain, has added 2.5% to its value over the last 24 hours, making it one of the top performers among the top 20 cryptocurrencies by market cap.

At press time, the price of Avalanche stands at $17.11 and could rally towards $20 soon. However, the market could retest the $15 low as the bearish trend is still in play. Its performance could depend on the broader crypto market and the ongoing crisis between Israel and Iran.

AVAX could test $15 before rallying higher

The AVAX/USDT 4-hour chart shows that the pair is still bearish despite the recent recovery. The pair could test the $15 low soon before rallying higher.

The relative strength index (RSI) of 45 shows that the bears remain in control, but the pair could be heading into neutral territory. The MACD is also within the negative region thanks to the bearish sentiment.

AVAX/USDT 4H chart

If the bullish trend continues, AVAX could target the 4-hour internal liquidity level at $17.58 in the coming hours. An extended bullish run would enable AVAX to hit the $20 mark for the first time since June 16th. 

However, the technical indicators remain bearish, suggesting that AVAX could still dip lower. AVAX could test the support level at $14.61 soon if the bearish momentum on the higher timeframe holds. Failure to defend the support level at $14.61 could see AVAX hit the $12 mark for the first time since November 2023.

The post Avalanche price prediction: AVAX could retest $15 before recovery appeared first on CoinJournal.

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XRP price outlook: $2 remains key amid increased volume

  • XRP trades above $2.00 and could eye a decisive break above $2.30.
  • An uptick to $2.50 could confirm bullish continuation.
  • However, a drop below $2.00 may signal deeper corrections.

The price of XRP is holding near $2 as top cryptocurrencies trade at key support levels.

Most altcoins mirror Bitcoin’s trajectory, which saw a sharp decline over the weekend, largely attributed to heightened geopolitical tensions stemming from US military strikes on Iran.

Despite its downturn to lows of $1.94, XRP demonstrates resilience.

Bitcoin has also bounced above $100k, with bullish sentiment among investors signalling strength despite the volatile broader market.

XRP price above $2 as volume spikes

XRP has shown notable strength, rebounding from a weekly low near $1.94 as trading volume surged by over $3 billion in the past 24 hours.

This spike in volume, coupled with the price holding above the critical $2.00 psychological support level, indicates robust buying interest.

According to market analysts, increased trading volume during a price recovery often reflects renewed investor confidence and potential for sustained upward momentum.

The broader cryptocurrency market has faced downward pressure due to US strikes on Iran, which intensified fears of a wider conflict.

Bitcoin and Ethereum have also corrected, with Bitcoin trading just above $101k.

Despite this, stock futures indicate investors are shrugging off the weekend’s sell-off, and oil prices have stabilized after a brief spike, suggesting markets are adapting to the geopolitical unrest.

A crypto market bounce is possible if risk-on sentiment returns, but an escalation in the Middle East could trigger further declines.

Ripple price prediction

A bounce for cryptocurrencies comes as data from asset manager CoinShares shows digital asset investment products saw a 10th consecutive week of inflows for the week ending June 20.

As per details shared on June 23, the crypto sector attracted $1.24 billion in exchange-traded funds last week, with Bitcoin leading with $1.1 billion for a second straight week of inflows.

Meanwhile, Ethereum hit a 9th consecutive week of inflows with $124 million. Solana attracted $2.78 million and XRP $2.69 million.

Analysts are cautiously optimistic about XRP’s future. Short-term forecasts suggest a potential breakout above $2.50 could push prices toward $3.00.

XRP chart by TradingView

The bounce to $2.00 suggests that bulls are defending this key level, positioning XRP for a possible short-term rally.

Despite the RSI and MACD on the weekly chart, long-term projections are more ambitious.

A break above the 20-week exponential moving average (EMA) will reinforce this outlook.

Notable predictions for XRP include a potential rocket past $10, driven by increased institutional adoption and regulatory clarity.

However, failure to hold above $2.00 could see prices retest April’s low of $1.60.

The post XRP price outlook: $2 remains key amid increased volume appeared first on CoinJournal.

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Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

  • With institutional adoption increasing, major cryptos are becoming less attractive to investors seeking outsized returns.
  • These investors are increasingly looking toward early-stage tokens such as Bitcoin Pepe.
  • The project’s presale has raised over $15.3 million.

Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend heightened geopolitical tensions.

Risk assets came under pressure as markets responded to the escalation.

However, the dip below the $100,000 mark proved short-lived. BTC rebounded during early Monday trading, recovering to around $101,841 at the time of writing.

Bitcoin now trades near the key psychological threshold of $100,000. A decisive close below that level could signal further downside, with the next support near Sunday’s intraday low of $98,200.

In this volatile environment, institutional adoption remains a bright spot, with more firms looking to expand their exposure to digital assets.

As institutional participation increases, top-tier cryptocurrencies are becoming less attractive to investors seeking outsized, asymmetric returns.

This shift is drawing renewed interest toward early-stage tokens such as Bitcoin Pepe, which are capturing risk-on capital.

With traders pivoting to more speculative corners of the market, assets like Bitcoin Pepe are emerging as key beneficiaries of the current momentum.

Grant Cardone’s firm buys Bitcoin

Real estate mogul Grant Cardone has announced Cardone Capital’s first Bitcoin purchase, marking the firm’s entry into a digital asset treasury strategy.

Cardone Capital has added 1,000 Bitcoin (BTC), valued at approximately $101 million at current market prices, to its balance sheet.

“First ever real estate/Bitcoin company integrated with full BTC strategy,” Cardone said in a post on X, describing the move as a combination of “the two best-in-class assets,” real estate and Bitcoin.

He also indicated plans to add another 3,000 BTC to the firm’s holdings later this year.

With this initial purchase, Cardone Capital surpasses mining firms Core Scientific and Cipher Mining in terms of Bitcoin holdings, according to data from BiTBO.

Founded in 2017, Cardone Capital is a private equity real estate firm that pools investor capital to acquire multifamily residential properties.

The firm currently manages more than 14,000 units and has an estimated $5.1 billion in assets under management.

Bitcoin Pepe price outlook

While Bitcoin grapples with short-term volatility, its growing institutional adoption continues to underpin overall market sentiment.

At the same time, investors are rotating back into high-beta segments of the crypto market, with meme coins witnessing a renewed wave of inflows.

Among the most prominent is Bitcoin Pepe, which has set itself apart by blending meme-driven appeal with a Layer 2 infrastructure narrative.

Unlike conventional meme tokens that rely solely on viral traction, Bitcoin Pepe positions itself as the first meme-centric Layer 2 built on the Bitcoin network, seeking to deliver scalability and speed similar to Solana while anchored to Bitcoin’s base-layer security.

The project has also secured strategic partnerships with Super Meme, Catamoto, and Plena Finance, aimed at supporting the broader utility and adoption of its ecosystem.

Bitcoin Pepe’s presale has so far raised over $15.3 million, with its BPEP token priced at $0.0416.

A price increase is imminent, with the next tier triggered once the presale hits $15.54 million in total funding.

The token is slated for listing on MEXC and BitMart, with expectations that these will provide improved liquidity and visibility.

An additional listing announcement is expected to be announced on June 30, further fueling investor interest as the presale nears completion.

With risk appetite returning and meme coins back in focus, Bitcoin Pepe appears well-positioned to benefit from both speculative momentum and a more structurally grounded product narrative.

The post Bitcoin Pepe price to jump soon as another firm plans major BTC purchases appeared first on CoinJournal.

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Best crypto to buy now as analyst sees BTC making a strong comeback

  • The Bitcoin Pepe presale has remained resilient, continuing to attract strong investor interest.
  • The project has raised over $15.3 million during its ongoing presale.
  • The BPEP token is currently priced at $0.0416.

Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend intensified geopolitical tensions.

Risk assets broadly came under pressure as markets reacted to the escalation.

The sub-$100,000 level, however, proved short-lived.

BTC rebounded during early Monday trading in Asia, recovering to around $101,841 at the time of writing.

Bitcoin now hovers near the psychologically significant $100,000 threshold.

A decisive close below that level could open the door to further downside, with the next target near Sunday’s intraday low of $98,200.

Ethereum (ETH), Ripple (XRP), and other major altcoins extended last week’s losses, reflecting continued risk aversion across digital assets.

In this volatile backdrop, investor interest in early-stage projects has not abated.

Bitcoin Pepe, a meme-centric Layer 2 project, continues to draw strong presale inflows despite the broader market uncertainty.

Arthur Hayes says BTC can bounce back

Bitcoin prices fell below the $100,000 mark for the first time since early May, but BitMEX co-founder Arthur Hayes believes the dip is temporary.

“The weakness shall pass,” Hayes posted on X, adding that Bitcoin will soon “leave no doubt as to its safe haven status.”

He attributed the eventual rebound to continued central bank money printing, which he says will support Bitcoin’s long-term bullish trajectory.

Bitcoin has been in a five-week consolidation phase, facing repeated resistance near the $110,000 level.

The top cryptocurrency has failed three times to break higher, as short-term macroeconomic shocks — ranging from renewed tariff concerns in May to the ongoing Israel–Iran conflict — have weighed on sentiment.

At the time of writing, most altcoins were in the red. Total market capitalization fell 0.8% to $3.12 trillion, according to CoinGecko data.

Bitcoin Pepe’s strong show

The crypto market has seen heightened volatility in recent months, characterised by sharp rallies, steep pullbacks, and shifting investor sentiment.

Against this backdrop, the Bitcoin Pepe presale has remained resilient, continuing to attract steady capital inflows.

The sustained interest suggests the project may be positioned to weather current market conditions, especially as Bitcoin is seen making a strong comeback.

As the first meme-centric Layer 2 built on the Bitcoin network, Bitcoin Pepe seeks to redefine meme tokens by combining the security of Bitcoin’s base layer with scalability features typically associated with networks like Solana.

This blend of technical infrastructure and cultural relevance differentiates it from other meme tokens that often lack functional utility.

The development team has also released infrastructure visuals to improve transparency and build investor confidence.

To support its Layer 2 ecosystem, Bitcoin Pepe has formed strategic partnerships with Super Meme, Catamoto, and Plena Finance.

The project’s presale has raised over $15.3 million so far, with BPEP tokens priced at $0.0416.

Listings on MEXC and BitMart are expected to enhance liquidity and visibility.

Another major listing announcement is scheduled on June 30, adding further momentum as the presale approaches its close.

The post Best crypto to buy now as analyst sees BTC making a strong comeback appeared first on CoinJournal.

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HYPE price forecast: HYPE could rally to $40 as market recovers

Key takeaways

  • Hyperliquid’s HYPE outperforms the other major cryptocurrencies, adding 5% to its value in the last 24 hours.
  • Bitcoin is trading above $101k, with HYPE now eyeing the $40 resistance level in the near term.

BTC, HYPE, Others Begin Recovery

The cryptocurrency was extremely bearish over the weekend, with Bitcoin dropping below the $99k level on Sunday. However, the market has begun to recover, with Bitcoin now trading above $101k.

HYPE, the native coin of the Hyperliquid ecosystem, dropped to $31 on Sunday but is now trading at $35.40 per coin. If the bullish momentum is sustained, HYPE could rally towards the $40 resistance level in the near term.

Hyperliquid’s HYPE has been one of the top performers over the last 12 months. The coin added 1,000% to its value during that period and quickly rose to become the 11th-largest cryptocurrency by market cap. 

HYPE’s price action remains interesting and it remains to be seen if it would challenge Cardano for the number 10 spot in the market. 

Is HYPE heading towards $40?

HYPE has lost 21% of its value since hitting a new all-time high of $45 seven days ago. With the broader market bearish, HYPE has lost some of its value. However, the $HYPE/USDT pair could be heading to the $40 resistance level if the bulls continue with their recent rally.

The HYPE/USDT 4-hour chart shows that the MACD is still within the negative zone but could be heading into the positive area soon. The RSI of 48 also shows that HYPE is heading into the neutral zone, indicating buying pressure.

HYPE/USDT 4H chart

If the bullish recovery persists, HYPE could look to test the first resistance level at $38.50 in the coming hours or days. The coin could rally towards the $40 level in the event of an extended bullish performance. However, the ongoing crisis in the Middle East continues to significantly impact the broader cryptocurrency market’s performance.

The post HYPE price forecast: HYPE could rally to $40 as market recovers appeared first on CoinJournal.