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Vaulta (A) continues downward spiral under market pressure

  • Vaulta price slipped nearly 3% to extend its losses over the week.
  • The token’s price movement aligns with a broader altcoin sentiment
  • Despite the downturn, Vaulta could bounce higher amid multiple key catalysts.

Vaulta (A), the native token of the rebranded EOS network now focused on web3 banking solutions, has seen its price slip in recent trading sessions.

As of writing, June 9, 2025, Vaulta’s price stands at approximately $0.56 reflecting a 2.8% decline in the past 24 hours.

Over the past week and month, the token has faced even steeper losses, dropping by 10% and 26% respectively since dipping from highs of $0.77 on May 28, 2024.

This downward movement comes amid broader market dynamics and specific factors impacting Vaulta.

Why is Vaulta price down today?

Although the broader market continues to feel the bearish heat of risk assets sell-off, a number of factors are likely why Vaulta’s price is down today.

First, profit-taking appears to be a significant driver. EOS rebranding to Vaulta and subsequent token swap provided investors with an opportunity to cash in gains.

This selling pressure, as is often the case with uptrends, comes after Vaulta garnered attention for its web3 banking ambitions.

The rebrand, announced in March and completed by late May, initially sparked optimism, but the subsequent profit-taking has dampened momentum.

Additionally, Vaulta’s price movement aligns with a broader cool-off among top altcoins.

The crypto market has faced volatility recently, with Bitcoin dipping to $100,984 and triggering over $1 billion in liquidations.

BTC’s bearish sentiment has spilled over to altcoins, with many experiencing sharper declines than Bitcoin.

Vaulta, ranked #77 on CoinMarketCap with a market cap of $889 million, is no exception. The 24-hour trading volume of $39 million reflects a 45% drop.

Technical indicators, such as the Relative Strength Index (RSI) trending bearish on a weekly timeframe, further signal waning momentum.

A token’s price higher

Despite the current downturn, several catalysts could propel Vaulta’s price upward.

The platform’s focus on web3 banking, with features like one-second transaction finality and Bitcoin-native DeFi through exSat, positions it as a compelling player in decentralized finance.

Increased adoption of its services, such as crypto-backed credit lines or real-world asset tokenization, could drive demand for the A token.

Additionally, Vaulta’s staking program may attract long-term holders, stabilizing the price.

Broader market recovery, particularly if Bitcoin regains its footing above $105,000, could also lift altcoins like Vaulta.

Finally, positive developments, such as protocol upgrades or partnerships via the Vaulta Banking Advisory Council, might spark renewed investor interest, potentially pushing the token toward its all-time high of $0.77.

For now, traders should monitor market trends and Vaulta’s ecosystem growth for signs of a rebound.

The post Vaulta (A) continues downward spiral under market pressure appeared first on CoinJournal.

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AVL price surges after Avalon Labs executes 80M token burn

  • Avalon (AVL) price surged more than 20% in 24 hours to hit highs of $0.23.
  • This follows June 9, 2025 announcement of an 80 million AVL token burn.
  • AVL price could break above $0.30 and target recent highs.

Avalon Labs’ native token, AVL, has surged 20% in the last 24 hours, fueled by trader reaction to news of an 80 million token burn.

The venture capital-backed Bitcoin on-chain capital markets platform revealed the news of its 80 million AVL burn on June 9.

In reaction, the token’s price shot up 20% to hit an intraday high of $0.23.

This happened as the broader market bounced higher amid Bitcoin’s surge from lows of $101k last week.

With AVL price near a key level, is the optimism going to drive bulls much higher?

Avalon Labs announces burn of 44% of circulating supply

Off the back of a recent high-profile investment from YZi Labs, Avalon Labs has taken another major step towards bolstering its native token.

The project, focused on Bitcoin-backed decentralized finance, announced on June 9, 2025 it had burned 80 million AVL tokens.

Per the team at Avalon Labs, the incinerated tokens are primarily from the unclaimed chunk of supply from its March 2024 airdrop.

Over $20 million worth of AVL hit community wallets at the time, and now 80 million have permanently been removed.

The burned tokens represent approximately 44% of Avalon’s circulating supply.

Avalon Labs’ token burn injected notable upside action in the AVL market, with bulls retesting levels seen in early May.

These gains follow another spike after YZi Labs announced a strategic investment in the project.

Furthermore, buying pressure mounted earlier in the year after Binance Alpha listed AVL.

Is AVL price going to $1?

AVL’s price action is flashing bullish signals, with the token trading around $0.20.

Recently, the Avalon Labs price broke above an ascending triangle pattern, extending gains after a sharp decline.

Buyers are looking to strengthen further with a breakout likely to push price to $0.23.

In mid-May, Avalon price rejected bulls’ advances around $0.31, and in late May, buyers ran out of steam after a channel breakout to dip from around $0.27.

These levels present key horizontal resistance zones, above which bulls can target $0.44. However, there’s a major supply wall near $0.75.

Avalon price chart by TradingView

In the case sell-off pressure intensifies amid profit-taking and altcoin weakness, a revisit of $0.18 and $0.13 is possible.

From a technical perspective, the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) are showing early signs of bullish divergence.

This suggests growing momentum. However, traders should monitor for sustained volume and price stability above the breakout level to confirm the move.

The post AVL price surges after Avalon Labs executes 80M token burn appeared first on CoinJournal.

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BTC price holds steady above $105K amid US domestic tensions, eyes $107K resistance

  • Bitcoin (BTC) climbed towards $107K over the weekend, trading around $106,332 despite U.S. domestic unrest.
  • President Trump deployed 2,000 National Guard troops to Los Angeles amid an immigration-related standoff.
  • BTC showed strong support at $105,400 and broke resistance around $106,100 with strong volume.

Bitcoin (BTC) continued its steady ascent over the weekend, trading above $105,623.12 and pushing towards the $107,000 mark, even as domestic tensions escalated in the United States, notably in Los Angeles.

The cryptocurrency market appeared largely unfazed by the unsettling headlines, showcasing a degree of resilience that underscores its growing perception as a hedge against uncertainty.

The backdrop to Bitcoin’s steady performance was a significant immigration-related standoff in Los Angeles.

According to a report by CNBC, the situation saw over 100 arrests as clashes persisted between protesters and federal agents.

This prompted President Trump to authorize the deployment of 2,000 National Guard troops to the area.

By Sunday morning, elements of the 79th Infantry Brigade had arrived on-site, as confirmed by Northern Command.

The potential for further escalation was highlighted by Defense Secretary Pete Hegseth, who warned that US Marines stationed at Camp Pendleton could also be mobilized if the violence continued.

Despite these significant domestic developments, Bitcoin’s price action remained remarkably stable, hovering around $106,332 by Sunday.

This suggests that crypto investors are, for now, treating the unrest as a localized regional event rather than a systemic crisis capable of derailing the digital asset market.

Technical picture: consolidation with bullish undertones

Bitcoin traded within a relatively narrow range over the weekend, fluctuating approximately $1,057 between a low of $105,043 and a high of $106,101, before pushing to its current level around $106,332.

The price demonstrated a strong rebound after a brief dip below $105,100, with buying interest re-emerging robustly around the $105,400 support level, according to CoinDesk Research’s technical analysis model.

An early attempt to break out above the $106,100 mark encountered selling pressure, which created a high-volume resistance zone.

While this upward move was initially short-lived due to some profit-taking, Bitcoin managed to hold onto its gains.

The overall consolidation structure remains bullish, with a consistent pattern of higher lows hinting at the potential for a sustained push towards the $107,000 level, should the immediate resistance break cleanly.

This tendency for Bitcoin to attract buyers during dips, despite broader macroeconomic headwinds, further underscores its perceived role as a hedge in times of rising uncertainty.

Key technical levels and market dynamics

A closer look at the technical indicators provides further insight into Bitcoin’s recent price action and potential near-term movements:

  • Trading range: BTC traded within a $1,288 range (representing 1.22% of its value) between a low of $105,043.65 and a 24-hour high of $106,332.

  • Resistance break: Initial resistance observed around the 105,900–106,100 zone was decisively broken as prices surged beyond this area with strong trading volume during the early afternoon.

  • Support holds: The support level at $105,400 held firm despite several retests, reinforcing the prevailing bullish sentiment in the market.

  • Breakout and stabilization: A clear breakout to $106,332 occurred around 13:48, which was followed by minor profit-taking activity before the price stabilized above the $106,000 mark.

  • Ascending trend: The hourly chart reveals an ascending trend characterized by consistent higher lows, a pattern that invalidates earlier interpretations of a “pump and dump” scenario.

  • Next target: With current momentum intact, market analysts suggest that BTC may test the $107,000 resistance level, provided that the current support near $105,800 continues to hold.

This technical picture, combined with Bitcoin’s apparent decoupling from localized domestic strife, paints a cautiously optimistic outlook for the leading cryptocurrency as it navigates a complex global landscape.

The post BTC price holds steady above $105K amid US domestic tensions, eyes $107K resistance appeared first on CoinJournal.

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XRP price forecast as Ripple USD (RLUSD) volume drops

  • XRP has rebounded to $2.18, overcoming an hourly death cross signal.
  • The RLUSD volume has dropped over 60% amid halted minting.
  • XRP is likely to trade between $2.15 and $2.25 in the short term.

The price of XRP has shown notable resilience even as broader market sentiment remains cautious.

As of press time, XRP trades at $2.18, reflecting a slight 0.2% increase over the past 24 hours.

The cryptocurrency rebounded sharply after falling to $2.06 on Thursday, recovering most of the intraday losses and closing the trading session with signs of renewed bullish pressure.

Ripple USD (RLUSD) sees a steep volume decline

While XRP has been showing signs of strength, Ripple’s stablecoin, Ripple USD (RLUSD), has suffered a sharp drop in market activity.

The trading volume for RLUSD has declined by more than 60%, plunging to around $42 million according to CoinMarketCap data.

According to market observers, the decline has been attributed to a pause in minting, as Ripple has not issued any new RLUSD tokens in over 41 days. This prolonged halt suggests either a strategic move to limit supply or waning demand for the asset.

The drop in volume has led to speculation about its potential impact on the XRP Ledger ecosystem.

Some analysts argue that lower RLUSD activity could reduce liquidity across decentralised exchanges and decentralised applications built on the XRPL.

Although RLUSD was introduced as a competitor to dominant stablecoins like USDT and USDC, the recent decline hints that user adoption may be stalling.

However, XRP has remained relatively insulated from this downturn, largely due to its broader utility in cross-border payments and remittances.

Despite the interconnectedness of the two assets within Ripple’s ecosystem, XRP’s price dynamics appear to be decoupling from those of RLUSD.

This separation reinforces the view that XRP’s valuation is being driven more by investor sentiment and trading activity than by RLUSD’s performance.

XRP price prediction

Over the last seven days, XRP has hovered within a tight range of $2.09 to $2.28, suggesting a consolidation phase.

Notably, it has registered a 313.9% gain year-on-year, a strong signal of underlying investor confidence.

Despite a “death cross” formation (the SMA 50 went below the SMA 200) on the hourly chart—a technical pattern typically interpreted as bearish—XRP defied expectations and staged a reversal.

XRP bulls, undeterred, successfully defended key support levels and ignited a recovery that coincided with an over 70% surge in trading volume, which reached $3.5 billion within 24 hours.

Death cross on the hourly XRP price chart

The strong volume support underscores that buyer interest remains active, even amid mixed technical signals.

Looking ahead, XRP’s price outlook presents a balanced mix of caution and optimism.

On the hourly chart, the asset is attempting to break past short-term resistance at $2.19, which aligns with the 200-hour simple moving average.

A successful breakout above this level could pave the way for another test of the $2.28 zone, which marked a recent high.

Failure to close above $2.19, however, may trigger a pullback toward $2.15, a range where XRP has shown stability over the past few sessions.

On the daily chart, XRP recently bounced off the $2.0777 support level, suggesting that bullish sentiment is not entirely exhausted.

Although momentum has slowed, the asset remains within a consolidation channel between $2.15 and $2.25.

Unless sellers gain control, this range-bound behaviour is expected to continue in the short term.

A strong weekly close above $2.25 could revive hopes for a push toward the $2.40 level, which would represent a fresh local high.

XRP price target

In the short term, as long as key support levels hold and volume remains elevated, XRP may continue to trade with a slight bullish bias in the coming days.

The post XRP price forecast as Ripple USD (RLUSD) volume drops appeared first on CoinJournal.

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TRON price forecast: active addresses surge amid a bullish breakout

  • TRON active addresses and transactions have hit all-time highs.
  • TRX price is on the verge of breaking out from a bullish flag pattern with a $0.50 target in sight.
  • If TRX’s price holds above key support, a breakout above $0.280 could be imminent.

TRON (TRX) is gaining momentum as a sharp increase in on-chain activity meets the emergence of a classic bullish breakout, signalling a potentially significant price breakout.

Despite recent market volatility, the blockchain has managed to hold above key support levels, even as technical signals point to both downside risk and upside opportunity in the days ahead.

A sustained surge in daily transactions and active addresses has reinforced long-term bullish sentiment, suggesting that TRON may be preparing for a major move.

This growing optimism comes at a time when TRX trades just below a key resistance zone, with technical traders eyeing the confirmation of the breakout.

TRX price analysis

TRON’s price is currently hovering around $0.279 after gaining 2% over the last 24 hours, rebounding from a recent low of $0.2668 and staying well within its 7-day range of $0.2639 to $0.2822.

This relatively tight range reflects ongoing market indecision, although the token has posted a monthly gain of 13%, pointing to a broader upward trend that appears to be gaining traction.

Although TRX failed to sustain its momentum following a 2.57% intraday surge earlier this week, a strong bounce off critical support has kept bulls cautiously optimistic.

Technical indicators on the daily chart highlight a hidden bearish divergence in the Relative Strength Index (RSI), but price action remains constructive, particularly above the 50-day EMA at $0.2629.

The bullish structure is further reinforced by the alignment of the 50-, 100-, and 200-day EMAs, all of which are sloping upwards and providing dynamic support beneath current price levels.

Looking at the daily chart, it is evident that the price of TRON is breaking from a bullish flag pattern, a setup that typically precedes strong continuation moves in trending markets.

TRON price

If the current daily candle closes above the bullish flag, we could have a confirmed bullish breakout, although it will remain to be seen how the subsequent candlesticks behave.

At the moment, strong rejection has been observed around $0.278 and $0.280, and a confirmed breakout above this resistance zone could propel TRX to $0.30 and beyond.

On-chain sentiment remains divided, with derivatives market data showing a decline in open interest to $264 million and a negative funding rate of -0.0005%, suggesting increased short positioning.

However, the long-to-short ratio has also fallen to 0.8793, revealing that a growing number of traders expect a price decline, potentially setting the stage for a short squeeze if bullish momentum resumes.

TRON price forecast

TRON’s fundamental outlook is increasingly bullish as the network hits a record high in active addresses, now exceeding 2.4 million and reflecting a consistent rise in user engagement.

Recent data from CryptoQuant confirms that daily transactions on the TRON network have surged past 8 million, a 30% increase in just four months that indicates robust network utility and rising demand.

More importantly, a large portion of this transaction volume is now occurring outside of centralised exchanges, emphasising real-world usage and organic growth within TRON’s DeFi and dApp ecosystems.

This shift signals broader adoption of TRON’s services for peer-to-peer transfers, gaming, and decentralised finance (DeFi), especially in emerging markets where low fees and high throughput are crucial advantages.

USDT transfers continue to dominate TRON’s activity, with over $611 billion in value moved across its blockchain, positioning it as the top network for stablecoin transactions globally.

Given the platform’s growing appeal for developers and institutions alike, TRON is well-positioned to attract continued capital inflows and ecosystem growth, both of which could catalyse upward price movement.

While price remains about 35% below its all-time high of $0.4313 from December 2024, analysts argue that sustained on-chain strength could push TRX to retest and potentially surpass this level in the coming months.

Should the bullish flag pattern breakout be confirmed, then the altcoin could attempt to break past the resistance at $0.2806, with next targets at $0.41, $0.44, and even $0.50 as buying pressure accelerates on breakout confirmation.

Nevertheless, traders should monitor key support at $0.264, as a failure to hold this level may expose TRX to a decline toward $0.25, invalidating the bullish setup in the process.

However, as institutional interest grows and TRON continues to lead in active usage, the coming weeks could prove decisive in determining whether TRX begins its next major leg up.

The post TRON price forecast: active addresses surge amid a bullish breakout appeared first on CoinJournal.