Schlagwort: crypto analysis

Key takeaways

• CHZ is up 5% in the last 24 hours and is now approaching the $0.05 resistance level.
• The derivatives data indicate that the bulls are in control at the moment.

Chiliz outperforms the broader crypto market

Chiliz (CHZ) is one of the best performers among the top cryptocurrencies, as the coin is up by 5% in the last 24 hours. Thanks to its latest rally, CHZ is trading at $0.049 and could rally higher in the near term.

The momentum indicators remain constructive, indicating that CHZ could extend its rally over the next few hours and days. 

Data obtained from CoinGlass shows that the futures’ Open Interest (OI) at exchanges in Chiliz surges to $80 million on Tuesday, up from $58 million in the previous week.

This is the highest Chiliz’s OI has been since January. The rising OI indicates that new or additional bullish positions are opening in the market, suggesting a bullish outlook for CHZ. 

Furthermore, Chiliz’s funding rates flipped positive on Sunday and surged to 0.0043% on Tuesday. The funding rate turning positive means that the bulls are firmly in control of the market.

CoinGlass’ long-to-short ratio for CHZ read 1.01 on Tuesday, after sitting in the red territory for over a week. 

Chiliz price forecast: The $0.051 resistance level remains a key challenge

The CHZ/USD 4-hour chart is bullish and efficient as Chiliz has outperformed the broader cryptocurrency market.

The cryptocurrency market is currently trading above key support levels thanks to its recent rally. The momentum indicators also suggest that the buyers could push CHZ’s price higher in the near term. 

The Relative Strength Index (RSI) at 58 shows that the bulls have regained control but still have more room for growth. 

The Moving Average Convergence Divergence (MACD) line has turned positive, with the histogram marginally above zero, hinting at a steady rally.

If the bullish scenario continues, the buyers would face immediate resistance at the recent swing high of $0.051. 

A daily candle close above this level would allow the bulls to extend the rally towards the $0.057 resistance and then the January high at $0.064.

However, if the sellers regain control, immediate support would emerge around the $0.047 Inducement Liquidity (ILQ). 

Failure to defend this support level would expose the other major zones around the $0.043 and $0.041.

The post Chiliz targets new weekly highs as derivatives data flips bullish appeared first on CoinJournal.

Key takeaways

• Dogecoin extends its correction on Monday as memecoins record huge losses.
• DOGE could drop below $0.10 if the bearish trend persists. 

Memecoins record huge losses

The cryptocurrency market opened the new weekly candle bearish, with Bitcoin (BTC) slipping below the $77,000 level on Monday and risk appetite deteriorating across digital assets.

Meme coins started the week on a weak footing as the broader cryptocurrency market continued to struggle. Dogecoin, Shiba Inu, and Pepe all remain vulnerable to further downside after heavy selling pressure emerged following last week’s market correction.

DOGE is down by 5%, making it the worst performer among the top 10 cryptocurrencies by market cap. 

Dogecoin briefly rallied last week and retested the important weekly resistance zone near $0.119 on Thursday before sellers regained control.

The rejection triggered a fresh wave of downside pressure, with DOGE falling nearly 6% through Sunday and extending losses further on Monday as the token traded below the $0.106 level.

Technical outlook: DOGE risks a deeper correction below key EMAs

The DOGE/USD 4-hour chart is bearish as the leading memecoin has dropped below major support levels. 

If DOGE closes the daily candle below the 100-day Exponential Moving Average (EMA) near $0.106, selling pressure could intensify toward the 50-day EMA around $0.103.

A decisive breakdown below that support area may expose the previous trendline breakout region near $0.090, which now acts as the next major downside target.

Momentum indicators continue to reinforce the bearish outlook for Dogecoin. The Relative Strength Index (RSI) on the 4-hour chart currently sits near 41, slipping below the neutral 50 threshold and signaling that bearish momentum is beginning to strengthen.

Meanwhile, the Moving Average Convergence Divergence (MACD) indicator confirmed a bearish crossover on Saturday, a signal that remains active and continues to support downside risk in the near term.

Despite the bearish setup, Dogecoin could still attempt a short-term rebound if buyers successfully defend the 100-day EMA support near $0.106.

A sustained hold above that level may allow DOGE to recover toward the key weekly resistance zone around $0.119.

However, broader market sentiment, particularly Bitcoin’s direction, is likely to remain the dominant driver for meme coin price action in the near term.

The post Meme coins remain under pressure as Dogecoin extends losses appeared first on CoinJournal.

Key takeaways

• BTC dips lower for a fourth straight day on Monday after losing nearly 6% the previous week.
• US-listed BTC spot ETFs record a weekly outflow of $1 billion, the highest in three months.

Bitcoin (BTC) remained under pressure on Monday, trading below $77,000 after declining nearly 6% last week, as persistent spot ETF outflows and stronger-than-expected US inflation data dampened investor appetite for risk assets.

The latest decline marks Bitcoin’s fourth consecutive day of losses, with the cryptocurrency continuing to retreat after failing to sustain momentum above the key $82,000 resistance zone.

Hot US inflation data boosts hawkish Fed expectations

Bitcoin’s recent weakness accelerated following hotter-than-expected US inflation data released last week, alongside stronger US retail sales figures that reinforced expectations for a more hawkish Federal Reserve.

The renewed inflation concerns strengthened the US dollar and pushed Treasury yields higher, creating additional pressure on risk-sensitive assets such as cryptocurrencies.

Higher interest rate expectations typically reduce market liquidity and shift investor capital toward safer, yield-generating assets, limiting demand for speculative markets like Bitcoin.

The rejection near the $82,000 level also triggered additional profit-taking from short-term holders, intensifying the correction.

Institutional demand for Bitcoin also weakened notably last week. According to data from CoinGlass, US spot Bitcoin exchange-traded funds recorded net outflows of approximately $1 billion last week, marking the largest weekly withdrawal since late January.

The sharp reversal in ETF flows signals a cooling of institutional sentiment after several weeks of strong inflows that had previously supported Bitcoin’s rally.

If ETF outflows continue in the coming sessions, analysts warn that Bitcoin could face additional downside pressure.

Bitcoin price outlook: Bulls failed to take out a key resistance level

The BTC/USD 4-hour chart is bearish after Bitcoin’s price was rejected near the 100-week Exponential Moving Average (EMA) around $82,289.

BTC also closed last week below the 61.8% Fibonacci retracement level near $78,490, measured from the October all-time high of $126,199 to the February low around $60,000.

The breakdown below those key technical levels has shifted momentum firmly lower. If selling pressure persists, Bitcoin could extend losses toward the major psychological support level at $75,000.

On the weekly chart, momentum indicators remain mixed but increasingly cautious. The Relative Strength Index (RSI) slipped below the neutral 50 level and currently sits near 35, signaling a strong bearish momentum.

Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is also in the negative region, suggesting that the bears are in control. 

If the bearish trend persists, immediate support sits near the clustered 50-day and 100-day EMAs below current price action.

Further downside targets include the 38.2% Fibonacci retracement near $74,487, followed by the previous trendline breakout zone around $70,576.

Below that, the 23.6% Fibonacci retracement near $68,950 remains a critical level protecting Bitcoin’s broader bullish structure above the $60,000 swing low.

However, if the bulls regain control, initial resistance emerges near the 50% Fibonacci retracement around $78,962, followed by the 200-day EMA near $81,853.

A stronger bullish continuation would likely require a daily close above the 61.8% Fibonacci retracement near $83,437 and the horizontal resistance barrier around $84,410.

The post Bitcoin slides below $76,800 as ETF outflows and inflation fears pressure crypto markets appeared first on CoinJournal.

Key takeaways

• Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone. 
• Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism. 

Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday. 

Despite the US Senate Banking Committee advancing the Digital Asset Market Clarity Act of 2025 (Clarity Act) on Thursday, overall market sentiment remains constrained amid a cautious recovery outlook.

XRP addresses in profit tick up

The proportion of XRP addresses with unrealized profit rose to approximately 65% on Thursday, up from 63% the previous day, coinciding with the token’s test of $1.50 resistance. 

This reflects a modest increase in risk-on sentiment, though traders should remain wary of potential profit-taking in a fragile technical environment.

Institutional flows into XRP spot ETFs rebounded sharply, with nearly $19 million in fresh inflows on Thursday. Cumulative ETF inflows now total $1.37 billion, while average net assets under management rose to $1.25 billion from $1.14 billion.

Retail participation in XRP derivatives also continues to grow. Futures Open Interest (OI) averaged $2.97 billion on Friday, up from $2.90 billion, signaling rising conviction among traders in XRP’s potential to extend an upward trajectory.

Technical outlook: consolidation within the corrective phase

The XRP/USD 4-hour chart is bearish and efficient as XRP has lost lost 2.5% of its value in the last 24 hours. XRP trades at $1.43, holding a neutral to mildly constructive bias.

It is trading above the 50-day Exponential Moving Average (EMA) at $1.42 while remaining capped beneath the 100-day EMA at $1.49 and the 200-day EMA at $1.70. This configuration suggests an ongoing consolidation within a broader corrective phase.

If the bears stay in control, immediate support will emerge at the 50-day EMA around $1.42, with a rising trendline near $1.39 providing a stronger floor. A daily close below $1.39 could expose deeper losses.

However, if the bulls push harder, they would encounter initial resistance at the 100-day EMA at $1.49. A sustained break above this level would open the path toward the 200-day EMA near $1.70, where broader bearish pressure would be challenged.

The momentum indicator suggests that the bears are slowly regaining control. The Relative Strength Index (RSI) is at 51, and the MACD histogram is slightly positive, indicating limited directional conviction rather than a strong impulsive move.

XRP’s price action suggests ongoing consolidation within a corrective phase, with both buyers and sellers vying for control around critical EMA levels.

The post Ripple (XRP) tests $1.43 support amid mixed market sentiment appeared first on CoinJournal.

Key takeaways

• Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts.
• The token could drop below the $0.1600 if the bearish trend persists. 

Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart. 

The token remains capped by the 50-period Exponential Moving Average (EMA) at $0.1733, limiting recovery despite the recent launch of vibe coding features within the Pi ecosystem.

Vibe coding features aim to boost ecosystem development

The Pi Network has introduced vibe coding tools for developers, enabling the conversion of AI-assisted apps—from platforms like Codex, Claude Code, Replit, Cursor, and Lovable—into Pi Apps. 

This integration could reduce app development time and strengthen the ecosystem, which boasts over 60 million engaged users.

Technical outlook: correction pressure persists

The PI/USD 4-hour chart remains bearish and efficient as PI is down by more than 2% in the last 24 hours. 

PI is currently under a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771. 

The pair also sits below a nearby downtrend resistance line around $0.1741, reinforcing the upside barrier.

If the bulls regain control, initial resistance would be seen at the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A nearby downtrend resistance line around $0.1741 adds to the barrier.

The momentum indicators also suggest that the bears are still in control.  The Relative Strength Index (RSI) sits at 45, below the midline, signaling persistent selling pressure. 

The MACD remains near-flat, suggesting weak, consolidative momentum rather than a decisive rebound.

However, if the bearish trend persists, immediate support would emerge at the S1 Pivot Point at $0.1645.

Pi Network’s short-term outlook remains cautious, and traders should monitor both EMA and trendline levels for signs of a breakout or deeper correction.

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