Pyth price forecast: PYTH targets $0.18 as bullish pattern emerges

Key takeaways

  • PYTH is trading above $0.15 after adding more than 1% to its value.
  • The cryptocurrency could rally higher with the launch of the Pyth Pro feature.

Pyth launches Pyth Pro

PYTH, the native coin of the Pyth network, is up by more than 1% in the last 24 hours, outperforming the broader crypto market in the process. The positive performance comes after the Pyth team announced the launch of Pyth Pro.

The team explained that Pyth Pro allows banks, brokers, and trading firms to access specialized data across every asset class and geography from a single source of truth. Pyth Pro provides coverage of over 2,000 feeds across crypto, equities, futures, ETFs, FX, commodities, and fixed income, the team added.  Its original product, Pyth Core, will continue to power DeFi applications while the various Pyth Pro tiers address different institutional finance requirements.

PYTH eyes $0.18 despite bearish price action

The PYTH/USD 4-hour chart is bearish and inefficient despite the coin performing well over the last 24 hours. The technical indicators are bearish but could soon switch bullish as the market slowly recovers from Monday’s slump.

The RSI of 45 shows that PYTH is not yet out of the bearish region, with the MACD lines also below the neutral zone. 

PYTH/USDT 4H Chart

At press time, PYTH is trading at $0.153, up from the Monday low of $0.14. If the recovery continues, PYTH could surge to the nearest major resistance level at $0.18 over the coming hours or days. An extended rally would allow it to hit $0.20 for the first time this month.

However, if the bearish trend persists, PYTH could retest Monday’s low of $0.140 before dropping to the August low of $0.1085. The technical indicators are still bearish, which means sellers remain in control of the market.

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Web3 firm NTT Digital partners with EigenLayer to accelerate restaking adoption

  • The alliance aims to bring institutional-level efficiency to restaking.
  • The deal bridges web3 technology with the traditional enterprise infrastructure.
  • EIGEN price rebounded after the announcement.

The web3 branch of Japan’s telecom giant NTT Group has announced a strategic collaboration with EigenLayer’s infrastructure provider EigenCloud.

As part of this partnership, NTT Digital will run the data availability layer, EigenDA, as a validator, strengthening the ecosystem’s security and reliability.

The X post highlights NTT Digital’s broader goal of pushing the decentralized economy.

As an EigenDA validator, the web3 firm will directly participate in enriching the restaking sector, a feature that has seen massive traction among crypto enthusiasts looking to secure many platforms leveraging shared Ethereum trust.

Restaking ensures capital efficiency by enabling individuals to stake the same assets on the primary blockchain and other networks, consequently securing many networks concurrently.

Users can enjoy additional rewards for securing more protocols, though with amplified slashing risks.

Bolstering the restaking sector

EigenLayer’s restaking mechanism has been among the most-watched innovations within the Ethereum ecosystem in the past few months.

The model creates a shared security environment by allowing individuals to restake ETF to secure other blockchains.

Besides boosting security, EigenLayer’s restaking approach reduces the barriers for launching new protocols.

With NTT Digital as a validator, EigenLayer gets a reputational boost and additional infrastructure backing.

Such an environment could attract more developers and enterprises to explore EigenLayer’s capabilities as a network for creating dApps.

That will enhance demand for native EIGEN in the coming times.

NTT Digital brings its experience in running scalable, secure infrastructure that could be essential as EigenDA supports multiple applications.

Validator diversity translates to stable uptime, which is crucial in ensuring trust in restaking.

Working with enterprise players like NTT guarantees the EigenLayer community that the data availability layer will remain reliable even amid skyrocketed demand.

EIGEN’s growing demand

The altcoin plays a key role within the EigenLayer platform, aligning incentives.

Validators receive EIGEN as rewards.

Also, the token supports restaking activities and network upgrade governance.

Increasing adoptions means growing roles for EIGEN as an economic and decision-making instrument.

Success by NTT Digital as a validator could draw more corporates to the platform, boosting EIGEN’s demand further.

EIGEN price outlook

EigenLayer’s native token displayed recoveries following the news.

It trades at $1.78, up 2.5% on its daily chart after a notable rebound.

EIGEN has maintained impressive price actions in the past few sessions.

The coin gained nearly 20% and over 35% the past week and month.

Technical indicators suggest EIGEN could lead the next leg up in the broader crypto market.

The MACD and RSI on the daily timeframe show buyer presence.

Also, EIGEN boasts reliable support as it trades above the 50- and 100 Exponential Moving Averages.

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Zcash (ZEC) price surges 10% as privacy coins rally, boosted by Zashi CrossPay

  • Privacy coins like Monero and Dash outperform the broader crypto market.
  • Zashi CrossPay enables cross-chain private transactions for shielded ZEC.
  • Technical indicators (RSI & MACD) support continued bullish momentum.

While top coins continued to struggle amid ongoing broader market turbulence, the privacy coin Zcash (ZEC) has extended recent gains as the price broke to highs of $55.

Zcash ranked among the standout performers in the 100 largest coins by market cap early Wednesday. With over 10% gains in 24 hours, ZEC is also green on the weekly time frame and well off the lows of $46 reached on Monday.

The altcoins’ uptick aligns with a broader resurgence in privacy-focused digital assets.

Zcash price gains 10% amid surge for privacy coins

On September 23, Zcash’s native token, ZEC, dropped to lows of $48 as bulls struggled with overall sell-off pressure.

However, with key network milestones in place, a focus on privacy coins has seen ZEC bounce sharply with a robust 10% increase over the past 24 hours.

On September 24, bulls have pushed its price to above $55.

This surge follows a notable rally in early May, when ZEC briefly touched the resistance area around $56.

Bulls are looking to retest the key supply zone, and a 21% spike in daily trading volume to beyond $123 million suggests buyers are on top.

Zcash price chart by TradingView

Notably, the uptick is part of a larger wave lifting privacy coins across the sector.

The privacy token category, which includes frontrunners like Monero (XMR) and Dash (DASH), has seen gains for XMR, DASH, DCR and ZANO.

According to CoinGecko, privacy coins outperformed the global crypto market in the past 24 hours.

Whereas the global crypto market cap has shrunk below $4 trillion, privacy coins are recording a 4% surge to over $8.2 billion.

Macroeconomic pressures, including geopolitical tensions and heightened regulatory scrutiny on transparent blockchains, have catalysed interest in privacy blockchains.

Zcash’s zk-SNARK technology positions it uniquely, allowing users to opt for shielded transfers that conceal sender, receiver, and amount information.

ZEC price outlook amid Zashi CrossPay feature

Adding fuel to Zcash’s ascent is the recent rollout of the Zashi CrossPay feature, a pivotal upgrade announced by the Electric Coin Company (ECC) on September 16, 2025.

CrossPay extends Zcash’s zero-knowledge proofs to cross-chain payments, allowing holders of shielded ZEC to execute private transactions on external blockchains via Near Intents.

Users can now convert and send ZEC seamlessly to recipients on other networks without exposing metadata or transaction histories, addressing a long-standing barrier in multi-chain ecosystems.

Zashi, ECC’s self-custodial mobile wallet, serves as the gateway for this functionality.

Built with a privacy-first ethos, it minimizes data leakage and supports features like encrypted memos. The CrossPay rollout transforms Zcash from a siloed privacy tool into a versatile payment layer.

Zcash’s shielded transaction volume has jumped amid this rollout, and future integrations could fortify ZEC’s traction.

Technical indicators bolster the bullish outlook for Zcash’s price. A look at the daily chart shows the Relative Strength Index is above 60, indicating potential for further gains.

The MACD indicator also signals a bullish crossover, with the Zcash price retesting a key level after a technical breakout.

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Crypto market news: BTC near $112K, ETH drops below $4,200 as fear grips traders

  • Bitcoin hovers above $112K, with bulls defending key support.
  • Ethereum drops 7% weekly as ETF outflows pressure sentiment.
  • Institutions stay invested, betting on a stronger Q4 recovery.

Crypto markets are still reeling from a fierce “Red September” selloff that has sent jitters through traders and investors alike.

There is a strong undercurrent of caution right now with investors watching the macro headlines, especially the Fed’s latest moves, and feeling heat from a resurgent US dollar and mounting regulatory uncertainties.

The fear factor is high among retail traders, especially with meme coins back in panic territory, but interestingly, big institutions haven’t cleared out.

That says a lot about the market’s long-term resilience.

For all the volatility, veteran investors seem to believe this selloff could be paving the way for a healthier Q4, especially if some regulatory clarity and macro relief finally show up.

Major crypto movers

Bitcoin’s been tossed around all week, trying to hold firm just above the $112,000 mark.

Despite all the drama, BTC’s daily change has been pretty muted, but it’s still down roughly 2% over the past seven days.

The tension is palpable; there’s talk that a slip below $112,000 could trigger another rapid drop, but so far, bulls are digging in their heels.

Ethereum is also fighting for higher ground, currently near $4,200.

Its weekly loss is steeper than Bitcoin’s, about 7% and analysts see ETF outflows and seasonal September trading patterns in play.

For Solana, it’s a similar story, with sellers driving the price toward $216, the coin shedding more than 2% in the latest session, and short-term holders running for cover.

XRP has been a mild outlier, eking out some gains where most heavyweights reversed. It bounced up to around $2.86 and stayed resilient after threatening a breakdown below key support.

DOGE, however, lost some of its shine, dropping just over 1% today as meme coin enthusiasm fizzled after the big liquidations.

Even with all the noise, the big coins aren’t in catastrophic territory, but the road to recovery is littered with caution tape.

Market update: News and broader trends

This latest bout of selling is being blamed on a handful of big-picture trends.

First and foremost, traders point to the Fed’s mixed messaging, a rate cut that should excite risk assets paradoxically made the US dollar even stronger, making it tougher for speculative bets on crypto to thrive.

Huge liquidations have unfolded, with more than $1.65 billion in leveraged longs forced out of the market.

Meme coins bore the brunt of the panic, but strong institutional flows suggest bigger players are sticking to their long game.

Regulatory uncertainty is a running theme, debates in the US and Europe over tougher anti-money laundering rules and crypto tax policies have stoked investor anxiety.

There are also worries over trade tensions and new tariffs added to US imports from India, Taiwan, and Canada, further muddying the waters and keeping risk appetite subdued.

Yet there’s a strange sense of optimism simmering.

Many believe the panic has set the stage for a more sustainable rally later in the year, especially if macro and regulatory conditions stabilize.

Institutional adoption, fresh network upgrades, and the possibility of new Bitcoin-related policies, perhaps even news from President Trump’s upcoming speech, are keeping hope alive that the tide could turn before year-end.

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