Schlagwort: crypto business

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Decred price prediction as profit taking pulls down the altcoin 17%

  • Decred price dips 17% after a strong weekly rally and high profit-taking.
  • The key support at $32.54 is critical to maintain the bullish momentum.
  • Analysts highlight long-term targets up to $224.52 for Decred (DCR).

Decred price has faced a short-term setback as the DCR token fell 17.24% to $33.26, contrasting sharply with its impressive weekly surge of over 60%.

While some investors are taking a cautious approach after an extended rally, many remain optimistic about Decred’s long-term prospects, especially considering its unique hybrid governance model and privacy-oriented features.

DCR dips amid profit-taking and regulatory uncertainty

Decred (DCR) experienced a notable decline today following an intense period of profit-taking.

Over the past month, DCR has surged by more than 140%, and the heightened activity is evident in its 24-hour trading volume, which jumped over 100% to $92.9 million.

Traders appear to be locking in gains after a parabolic rise, which coincides with a cooling off from previously overbought conditions.

Notably, the 7-day RSI, now at 60.26, reflects a natural pullback, highlighting the market’s temporary hesitance to push the price higher immediately.

Decred price chart
Decred price chart | Source: CoinMarketCap

Regulatory concerns are also adding a layer of uncertainty.

Discussions around the EU’s proposed 2027 ban on anonymous crypto transactions have resurfaced, creating hesitancy among investors.

While Decred’s hybrid governance model and resilient fundamentals offer some protection, the regulatory environment for privacy-focused coins remains a key risk factor.

Cryptocurrency exchanges, such as Upbit, are historically wary of compliance issues and have delisted DCR in the past, amplifying short-term caution among traders.

Technical signals show cooling, but long-term potential

From a technical perspective, the DCR price recently broke below its pivot point of $33.95 and the Fibonacci 23.6% retracement at $35.1, suggesting a short-term bearish trend.

The MACD histogram has narrowed to +1.41, signalling a potential slowdown in upward momentum.

According to some market analysts, maintaining above $32.54 is critical for DCR to preserve its breakout momentum from the past week, allowing the token to potentially resume its upward trajectory.

If DCR can hold the $30–$32 support zone, it may stabilise and prepare for another upward push.

Failing to maintain this support could expose the altcoin to further declines toward $29.51, though the 30-day SMA at $20.88 continues to indicate that the long-term structure remains intact.

Conversely, should Decred (DCR) price climb past $35.42, it could target the next resistance at $38.93, with a longer-term goal of $56.86.

Decred price forecast amid the market pullback

Investor sentiment toward DCR remains cautiously optimistic despite the recent pullback.

Rekt Capital, for instance, recently highlighted that Decred has followed a setup shared over a year ago, rallying 140% across the range before breaking out for an overall 500% gain.

This historical perspective underscores the altcoin’s potential for long-term upside.

Adding to this optimism, crypto analyst Javon pointed out that DCR’s target of $224.52 remains unchanged, noting that the early-stage climb toward this price could just be beginning.

Javon’s assessment emphasises that while short-term corrections are natural, the broader trend for Decred remains bullish, supported by both technical fundamentals and investor confidence in its hybrid governance and privacy features.

In essence, while the Decred price has faced a necessary cooling-off phase amid profit-taking and regulatory uncertainties, key support levels and historical performance suggest that the altcoin may soon regain upward momentum.

With the DCR token holding strong near crucial supports and bullish indicators from market experts like Rekt Capital and Javon, investors may find opportunities to enter or expand positions while monitoring short-term fluctuations.

The post Decred price prediction as profit taking pulls down the altcoin 17% appeared first on CoinJournal.

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Dogecoin targets $0.22 as risk-on sentiment returns; Check forecast

Key takeaways

  • DOGE is up 6% in the last 24 hours as memecoins are showing signs of strength.
  • The leading memecoin could rally towards the $0.22 resistance level in the near term.

Memecoins show signs of strength

The cryptocurrency market has been bullish over the past few days, with Bitcoin hitting the $106k level a few hours ago. Memecoins are showing signs of strength, suggesting that risk-on sentiment has returned among traders. 

Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are some of the biggest winners among the top 100 cryptocurrencies by market cap. Their performance comes amid rising retail interest in memecoins, with traders anticipating further gains in the near term. 

The speculative nature of memecoins sees them gain additional interest from investors during recovery and bullish phases. Data obtained from CoinGlass reveals that the futures Open Interest (OI) of DOGE, SHIB, and PEPE have increased by 4%, 2% and 3%, respectively, in the last 24 hours, reaching $1.53 billion, $72.99 million, and $200.53 million. 

This increase suggests that investors are increasing their exposure to risk-based assets such as Dogecoin.

DOGE eyes $0.22 amid bullish technicals

The DOGE/USD 4-hour chart is bearish and inefficient despite Dogecoin adding 6% to its value over the weekend. The leading memecoin is now trading around $0.18 after forming a double bottom reversal from $0.15704 support over the last few days. 

The technical indicators on the 4-hour chart are also bullish, showcasing DOGE’s increased retail interest. The RSI of 63 is above the neutral 50 and could enter the overbought region if the bullish trend continues. The MACD lines are also within the bullish zone, suggesting a strong buying pressure. 

If the memecoin continues with its recovery, it could test the 200-period EMA at $0.19386 before rallying towards the October 13 high of $0.22. However, failure to maintain the bullish momentum would see DOGE decline towards the $0.16886 level, which acted as the double bottom’s neckline.

Dogecoin price by TradingView

The post Dogecoin targets $0.22 as risk-on sentiment returns; Check forecast appeared first on CoinJournal.

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Ethereum price forecast: ETH targets $3,900 amid strong technicals

Key takeaways

  • Ether is trading above $3,600 after adding 6% to its value over the weekend.
  • The coin could rally towards $3,900 as technical indicators flash bullish signals.

Strong derivatives markets signal a bullish trend

The cryptocurrency market is having a strong start to the week, and this has shown in the futures and options markets. The futures and options markets for Ethereum are very positive, with the total Open Interest (OI) in futures surging to about $40.11 billion across all exchanges, which is almost 11.5 million ETH in total exposure.

Data obtained from Coinglass revealed that Binance, the leading crypto exchange by daily trading volume, has the most open interest at $8.15 billion, while CME is close behind with $7.57 billion. 

The growing volume suggests that more institutions are increasing their exposure to the Ethereum market. 

In addition to that, the options market is also bullish, with Calls making up 65.05% of all open interest, while Puts account for 34.95%. There are almost 2.1 million ETH in call options and 1.13 million ETH in puts. This suggests that most traders are predicting a surge in Bitcoin’s price in the near term. 

Traders are predicting a new all-time high price for Ether in the near term, with many of them expecting the leading altcoin to trade between $4k and $6k by the end of the year. At press time, ETH is trading above $3,600 per coin. 

ETH eyes $3,900 as technical indicators shift bullish

The ETH/USD 4-hour chart is bearish and efficient as Ether has performed positively in recent days. The technical indicators have switched bullish on the 4-hour chart, suggesting a buying bias at the moment.

The RSI of 63 shows that buyers are currently in control, and Ether could soon enter the overbought region if the bullish bias continues. The MACD lines are also within the positive region, indicating a strong bullish bias.

If the recovery continues, ETH could rally towards the next major resistance level at $3,910 over the coming hours or days. An extended rally would allow Ether to hit the TLQ and major resistance level at $4,271.

However, if the market undergoes a correction, ETH could lose steam and drop to the Friday low of $3,197.

Ethereum price by TradingView

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BNB price prediction as bulls retest $1,000 demand zone

  • BNB price is off recent lows and could target a breakout to a new all-time high.
  • BNB’s retest of $1,000 marks a critical pivot.
  • This comes amid a blending of technical support with external catalysts for possible gains.

BNB hovered just above the $1,000 level on Monday, with buyers showing renewed strength as the broader crypto market rebounded on improving macro sentiment.

As of early US trading hours on November 10, 2025, the token was changing hands near $1,003, up about 1.15%, positioning it for a potential continuation of its recent upward move.

Market optimism has picked up as signs emerge that the US government shutdown may be nearing a resolution.

President Donald Trump’s proposal for $2,000 tariff rebate checks has also helped lift risk appetite across asset classes.

BNB is benefiting from this backdrop, alongside ongoing support stemming from developments within Binance and the BNB Chain ecosystem.

Whether these forces are sufficient to propel the token to a fresh all-time high in the coming weeks will depend on whether momentum in both the macro environment and ecosystem activity can be sustained.

BNB retests key $1,000 zone

BNB has reclaimed the $1,000 mark after briefly losing that psychological support amid a bout of market-wide selling.

The rebound follows a clear demand buildup in the $950–$915 zone, where buyers stepped in after the token slipped to roughly $890 and found support below $900.

Recent weakness stemmed from broader macro pressures. The Federal Reserve’s rate path, combined with a 40-day US government shutdown that tightened liquidity across risk assets, weighed on sentiment.

As Bitcoin fell below $100,000 during the downturn, most major altcoins followed suit, including BNB.

Conditions have since stabilised. Bitcoin’s recovery above $106,000 has helped restore confidence, and altcoins are revisiting key technical levels.

Support from spot exchange-traded fund flows in parts of the market has added to the improved tone, contributing to BNB’s latest move back toward the $1,000 threshold.

How high could BNB price bounce amid a breakout?

Analysts are bullish on crypto and risk assets in general amid these factors despite recent selling.

QCP Group analysts summed up the market outlook as of November 10, 2025:

“A sustained spot recovery, supported by macro tailwinds and stabilizing ETF inflows, could rekindle demand.”

BNB breaking higher decisively and with good volume will buoy bulls.

Key resistance sits at the $1,020–$1,085 regions, with a breakout potentially targeting $1,149–$1,200.

BNB Price Chart
BNB chart by TradingView

Technical indicators suggest stabilisation.

On the daily chart, BNB is off oversold RSI levels, indicating a potential bounce.

While daily RSI remains below 50, trading volume has surged 21% to over $2.9 billion in the last 24 hours, signalling renewed buyer interest.

Binance’s ecosystem strength, including high reserve ratios and ongoing token burns, adds to the fundamental resilience.

If bulls maintain this zone, gains could invalidate recent negative threats and set the stage for a reversal.

The post BNB price prediction as bulls retest $1,000 demand zone appeared first on CoinJournal.

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Bitcoin soars past $105K after Trump’s $2,000 tariff payout promise ignites crypto rally

  • Trump’s tariff payout plan sparks brief crypto rally.
  • Bitcoin hits $105K; Ethereum rebounds above $3,600.
  • ETF inflows signal tentative institutional re-entry.

President Trump’s Sunday announcement promising at least $2,000 in tariff-funded payouts to most Americans jolted crypto out of its weekend doldrums.

Bitcoin rocketed to $105,000 while Ethereum climbed back above $3,600, as traders suddenly rediscovered their appetite for risk assets.

The CoinDesk 20 index snapped its brutal 15% weekly decline with the prospect of fresh stimulus money potentially flowing into digital currencies.

However, beneath the rally lies a sobering truth: Congress must approve the plan, the Supreme Court is questioning whether Trump’s tariff regime is even constitutional, and the math simply doesn’t work without deeper tax revenue cuts.

Bitcoin consolidates near $105K amid market fear

Bitcoin surged past $105,000 in response to Trump’s tariff announcement, gaining 1.75% in a single move that broke weeks of consolidation near the $100,000 psychological level.

Ethereum jumped 7% to $3,631, wiping away three days of losses and signaling that institutional nervousness had finally eased, at least temporarily.

Solana posted a 6.08% gain to $167.36 as altcoin traders felt encouraged by Bitcoin’s renewed strength.​

The broader picture shows recovery momentum. BNB climbed modestly, while XRP benefited from Bitcoin’s coattails as risk sentiment improved across the board.

The important detail here is that Bitcoin spot ETFs captured $252 million in fresh capital on November 6, ending a six-day outflow drought that had erased confidence across the entire market.

Ethereum ETFs added $12.5 million the same day, suggesting institutions were quietly accumulating during the weakness.​

Importantly, these aren’t spectacular gains. They’re relief rallies. Bitcoin remains down 5.7% for the week while Ethereum sits 7.5% lower, despite Sunday’s bounce.

The market is essentially trying to recover from a self-inflicted wound rather than establishing genuine new momentum.

A week of pain and the road ahead

Last week was brutal. Bitcoin cratered below $100,000 for the first time since late June, triggering a wave of liquidations that sent $19 billion in leveraged positions to the exit at once.

Ethereum mirrored the weakness, sliding as institutional buyers vanished and retail capitulation accelerated.

The culprit was simple: nobody was buying anymore. Federal Reserve rate cuts that traders expected to fuel crypto demand simply didn’t materialize as catalysts.

Instead, the 10-year Treasury yield remained stubbornly above 4%, making speculative bets unattractive versus safer fixed-income plays.

Meanwhile, the US government shutdown drained liquidity from financial markets while lawmakers bickered over spending bills.

This week’s outlook hinges entirely on whether Trump’s tariff dividend actually happens.

If Congress approves it and the Supreme Court green-lights the tariff regime, crypto could enjoy sustained inflows as stimulus recipients hunt for inflation hedges.

But that’s two massive ifs. Budget experts already flagged that tariff revenues total roughly $90 billion after accounting for collateral tax damage, nowhere near the $300 billion needed for the payouts.

Traders are essentially betting on political miracles. Unless something changes quickly, expect Bitcoin to test $98,000 to $95,000 if support cracks at $100,000 again.

The rally feels good, but it’s built on hope rather than fundamentals.

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