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RIVER coin price bounces back 27%: analysts fear it could be a dead bounce

  • RIVER coin price has surged 27% on bridge launch and new exchange listing.
  • The cryptocurrency’s volume has spiked 126%, confirming strong buyer interest.
  • Key support lies at $15.40, and a break below risks causing a $14.09 pullback.

RIVER coin has surged 27.4% in the past 24 hours, reaching an intraday high of $17.94.

The sudden spike comes after a period of relative stagnation, sharply outperforming a broader flat crypto market.

Traders are cautiously optimistic, but some analysts warn this could be a short-lived recovery.

The catalysts behind the rally

The primary driver of the rally was the launch of RIVER’s official cross-chain bridge.

This bridge allows seamless asset transfers between Ethereum, Base, and BNB Chain.

By enabling smoother liquidity flows, it addresses a core challenge faced by many DeFi projects.

At the same time, RIVER went live on LBank, a major centralised exchange, sparking fresh market activity.

The exchange listing was accompanied by a $50,000 trading competition, which boosted short-term trading volume.

Combined, these events enhanced the token’s utility and made it easier for investors to access RIVER.

Volume data confirms the strength of the move, with a 126% surge in 24-hour trading volume to $83 million.

This shows that the rally was driven by genuine buying interest rather than thin order books.

The token also benefited from positive sentiment in the broader DeFi sector, which continues to attract investor attention.

RIVER coin price outlook

Analysts are watching key price levels closely to gauge the sustainability of the bounce.

If RIVER can hold above $15.40, it could attempt to reach a near-term target of $20.65.

This would represent a continuation of the current bullish momentum and strengthen confidence in the token’s recovery.

However, a break below $14.09 could signal that the rally has lost steam.

In that case, the coin may experience a pullback toward $12.50, testing lower support levels.

Traders are advised to monitor volume and bridge adoption as indicators of whether the move has lasting strength.

The rally also coincides with broader infrastructure upgrades, which could attract long-term users.

The cross-chain bridge is designed to simplify liquidity access and reduce fragmentation across networks.

Sustained adoption of this feature will be critical for supporting higher prices in the coming months.

Despite these positive factors, some analysts caution that the rebound could be a “dead mouse bounce.”

They argue that while short-term catalysts are present, the coin is still trading far below its all-time high of $87.73 that it hit at the beginning of the year 2026.

RIVER coin price analysis
RIVER coin price chart | Source: TradingView

Price action remains fragile, and a failure to maintain support levels could result in another rapid decline.

Investors are therefore advised to weigh the recent gains against the risk of a correction.

The combination of technical indicators, exchange activity, and sector momentum will likely determine the next phase.

For now, the market is watching closely to see whether RIVER can convert its recent spike into a sustainable uptrend.

The post RIVER coin price bounces back 27%: analysts fear it could be a dead bounce appeared first on CoinJournal.

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Cardano price forecast: will ADA breakout or decline further from here?

  • Cardano (ADA) may rebound if it breaks resistance near $0.31–$0.35.
  • Leios upgrade aims to boost Cardano’s speed, security, and decentralisation.
  • CME futures launch adds regulated institutional exposure to ADA.

Cardano (ADA) has struggled to regain momentum over the past year.

Currently, ADA is trading at $0.2635, with a slight 0.7% increase in the last 24 hours.

The 24-hour range spans from $0.2611 to $0.2723, reflecting modest intraday volatility.

Over the last seven days, ADA has lost about 11%, and its one-year performance remains down 62.4%.

Despite the persistent bear market, Cardano’s trading volumes over 24 hours remain significantly high at $407.8 million, indicating that the token continues to see active trading.

Market catalysts and institutional support

Cardano’s broader market outlook is influenced by the upcoming layer-1 upgrade dubbed Ouroboros Leios.

The Ouroboros Leios upgrade, confirmed at a Tokyo community event on the Midnight Japan Tour by Input Output’s Michael Smolenski and Cardano founder Charles Hoskinson, is expected to improve scalability, security, and decentralisation.

Leios will introduce parallel block processing to increase transaction throughput dramatically.

If successful, this upgrade could address the blockchain trilemma and attract more developers and users to the network.

On the institutional front, the CME Group recently launched ADA futures, including standard and micro contracts.

These futures provide regulated exposure to Cardano for professional traders and investors.

The addition of micro contracts lowers the entry barrier and may boost liquidity in the short to medium term.

Historical price data also provides context.

ADA’s all-time high was $3.09 in September 2021, while its all-time low of $0.01925 in March 2020 demonstrates the token’s extreme volatility.

Despite its current decline, ADA has grown by over 1,200% from its lowest point, showing long-term resilience.

Cardano technical outlook

From a technical standpoint, ADA faces key resistance around $0.28 to $0.31, which could define the short-term trajectory.

The Relative Strength Index (RSI) is near 33, suggesting the token is approaching oversold conditions.

The Moving Average Convergence Divergence (MACD) indicator also shows bearish momentum, although the potential for reversal exists if buyers step in.

Cardano price analysis
Cardano price market | Source: TradingView

Bollinger Bands indicate that the price is near the lower range, hinting at some room for a bounce.

On the upside, a recovery above $0.31 could open the path toward $0.35, while a failure to hold support near $0.25–$0.26 may push ADA lower.

Analysts note that an inverse head-and-shoulders pattern may be forming, signalling a potential trend reversal.

They highlight that a breakout above $0.275–$0.28 could target $0.346, representing roughly a 30% upside from current levels if the selling pressure continues to ease and trading volume confirms the move.

Ultimately, ADA’s next move will depend on whether buyers gain confidence and push the token above resistance.

The post Cardano price forecast: will ADA breakout or decline further from here? appeared first on CoinJournal.

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ASTER jumps 9% above $0.60 as traders eye breakout toward $1 target

  • Aster traded to highs of $0.65 amid a 9% uptick in 24 hours.
  • The bounce from lows of $0.43 on February 5, 2026, could extend amid a retest of key levels.
  • Risks of a downturn remain as Bitcoin and Ethereum struggle.

ASTER is among the top-gaining altcoins on the day, as its price surges by nearly 9% to extend its upside movement above $0.60.

The token, native to the innovative decentralized exchange platform Aster, is showing this renewed strength amid broader market weakness.

On Tuesday, as Bitcoin and Ethereum held around $68,000 and $2,000, respectively, Aster jumped to intraday highs of $0.65.

A potential upside continuation as traders target more gains is shaping up, although overall sentiment means that profit-taking might still be a factor.

Aster price posts 9% bounce

The crypto market has significantly flipped bearish since the downturn that smashed bulls’ optimistic outlook on October 10, 2025.

In the latest extension of that negative sway, Aster’s price fell to lows of $0.43, with losses mirroring the sharp sell-off to $60k for BTC and $1,740 for ETH.

However, just as BTC bounced to $70k, the altcoin regained some upside momentum and surged to $0.60.

Bulls have held above this level in the past two days, having tested $0.65 on three occasions in the time frame.

ASTER recorded nearly 9% in 24-hour gains, cutting losses over the past week and now trades in the green over this period.

While the bounce aligns with a slight shift in broader sentiment, the dip in trading volume means buyers have not stepped in forcefully.

If the platform’s recent launch of 0% maker fees across all markets draws significant liquidity and user interest, bulls could seize control.

ASTER price forecast

On the one side, a potential pump to $1.30 looms, and on the other, a failure to solidify gains could spell danger.

For bulls, the daily chart reveals a falling wedge breakout, a bullish pattern signaling potential reversal as price compresses and escapes upward resistance.

Key oscillators also remain neutral but lean toward buy signals.

The daily RSI hovers around 53 and is upsloping. However, it is well off overbought conditions.

Meanwhile, the Commodity Channel Index and Average Directional Index both show neutral readings, while the MACD hints at a buy move as the histogram ticks positive with expanding bias.

Aster Price Chart
Aster price chart by TradingView

This setup positions ASTER for a possible short-term pump, with primary supply zones at $0.80 and $0.95.

Breaking to $1 will bring the $1.22 to $1.30 range into view as the next target, which is the top of the projected wedge pattern from November 2025.

With risks of a pullback in play, key levels to watch include $0.54 and $0.46.

The post ASTER jumps 9% above $0.60 as traders eye breakout toward $1 target appeared first on CoinJournal.