Schlagwort: crypto business

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Why is the price of WAVES token rising?

  • Waves launches AI tools and secures $10M funding for Units Network.
  • Price breaks $1.30 resistance with bullish RSI and MACD signals.
  • Community campaign boosts visibility as altcoin flows support gains.

WAVES is climbing again, and traders are asking why.

Over the past 24 hours, the token has risen by 4.86%, extending its 25% weekly rally.

At press time, WAVES traded near $1.40 after moving between $1.32 and $1.54 in the last day.

This surge reflects a mix of new product launches, technical breakouts, changing market conditions, and stronger community engagement.

New AI tools by Waves lit a spark

WAVES gained traction after the introduction of new artificial intelligence (AI) products designed to support decentralised finance.

In July 2025, the Waves team launched an AI Launchpad and a Liquidity Manager aimed at automating DeFi strategies and improving liquidity efficiency.

These additions gave developers easier access to infrastructure for building and optimising protocols on Waves.

Investor sentiment strengthened further when Units Network, Waves’ EVM-compatible layer-2, secured $10 million in funding from Nimbus Capital.

This institutional backing added credibility to the roadmap and attracted speculative capital.

Traders viewed AI-driven upgrades as solutions to real challenges in DeFi, especially in liquidity optimisation, and positioned accordingly.

The market now awaits adoption figures. Metrics from Q3 2025 on Units Network and AI tool usage will determine whether the bullish momentum can convert into lasting demand for the WAVES token.

WAVES price breakout clears a key barrier

On August 18, WAVES broke through $1.30, a zone that aligned with both the 200-day moving average and a major Fibonacci resistance.

That level now acts as psychological support.

Momentum indicators have confirmed the breakout.

The 14-day RSI printed 68.95, showing strong trend conditions though edging toward overbought territory.

At the same time, MACD recorded a bullish crossover with a rising histogram, confirming that upward momentum had accelerated.

$1.56, the 127.2% Fibonacci extension, is now viewed as the next upside target if price holds above $1.30.

The altcoin shift and community push

Broader market flows also work in Waves’ favour.

Although Bitcoin dominance remains elevated at 58.92%, the Altcoin Season Index has risen 26.47% in one week, signalling capital rotation into smaller-cap projects.

That rotation has given altcoins, like WAVES, a performance boost.

Still, derivatives suggested caution. WAVES Open interest has dropped 4.12% over 24 hours, showing that traders have reduced leverage exposure.

This decline indicates that the rally is being led by spot demand rather than aggressive futures positions.

For a token with a $139 million market cap and an uncapped supply model, shifts in demand can move the price sharply.

Long-term sustainability will depend on whether new tools drive real utility to offset the inflationary design.

At the same time, Waves is currently engaged in an active community campaign.

The project has announced the next “Waves Up in Space” mission, running from August 19 to September 5.

Participants of the “Waves Up in Space” mission are invited to post Waves-related content on Twitter and submit entries through Zealy for rewards.

Community challenges like this often amplify visibility, energise the base, and bring new traders into the ecosystem.

WAVES price outlook

The immediate focus is whether WAVES can hold above the $1.30 support zone with rising volume.

A strong defence of this level could open the way toward $1.56, while a breakdown risks stalling momentum and sending the token back into consolidation.

Beyond technical levels, traders should closely track adoption figures from Units Network, activity on the AI Launchpad, and usage of the Liquidity Manager.

Broader sentiment tied to Bitcoin dominance and altcoin flows will also play a decisive role.

For now, WAVES is rising because product upgrades, strong technical signals, market rotation, and a fresh marketing push all converged at once.

If adoption and demand follow through, this rally could mark more than just a short-lived bounce.

The post Why is the price of WAVES token rising? appeared first on CoinJournal.

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Is BNB heading to a new ATH as market recovery begins? Check forecast

Key takeaways

  • Binance’s BNB is trading at $845 after adding 1.5% to its value.
  • The coin could surge to a new all-time high as the broader crypto market shows signs of a recovery.

BNB tops $845

The cryptocurrency market has had a bearish start to the week, with Bitcoin hitting the $115k level while Ether dropped below $8,200. However, the market is showing signs of recovery, and most altcoins are now in the green.

One of the strongest coins in recent weeks is BNB, Binance’s native coin. BNB hit a new all-time high of $868 five days ago and has generally been bullish since the start of the year. The recent surge saw its all-time high cross the $120 billion mark for the first time in its history.

After dropping to a low of $818 earlier on Monday, BNB has now bounced back above $840 and could rally to a new all-time high in the coming hours or days. BNB’s rally showcases Binance’s status as the largest cryptocurrency in the world in terms of daily trading volume.

BNB targets $900 amid bullish resurgence

The BNB/USD 4-hour chart remains bullish and efficient despite the market’s recent correction. The technical indicators remain bullish, unlike those of other leading cryptocurrencies like BTC and XRP.

The RSI of 54 shows that BNB hasn’t entered into the bearish territory, and the bulls could easily regain control of the market. The MACD lines are also within the bullish zone, suggesting that buyers are currently in control.

BNB/USD 4-hour chart

If the market recovery continues, BNB could surpass its all-time high price of $868 over the next few hours. An extended rally would allow BNB to touch the $900 mark for the first time in its history. BNB’s medium-term target remains $1,000 as analysts remain extremely bullish on the coin.

However, if the bulls fail to take control, BNB could retest Monday’s low of $818 and drop lower to the TLQ at $793. 

The post Is BNB heading to a new ATH as market recovery begins? Check forecast appeared first on CoinJournal.

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XRP climbs above $3 after ETF delay; Check forecast

Key takeaways

  • XRP is up nearly 2% in the last 24 hours and has climbed above $3.
  • The positive performance comes despite the SEC’s ETF delay.

SEC delays spot XRP ETF applications

XRP, the native coin of the Ripple network, is up nearly 2% in the last 24 hours as it bounces back from its recent low. The positive performance comes despite the United States Securities and Exchange Commission (SEC) delaying its decision on Canary Capital, CoinShares, Bitwise, Grayscale, and 21Shares’ spot XRP ETF applications.

The regulatory agency stated that it had extended its decision on the 21Shares Core XRP Trust from the set deadline of August 20, adding 60 days, setting the new deadline for October 19.

The SEC also delayed decisions on the 21Shares Trust, Grayscale, CoinShares, and Bitwise XRP ETF filings. The delay will provide the SEC enough time to seek public opinion on the proposal and assess any regulatory concerns associated with the Exchange Act.

Analysts expect the SEC to issue final decisions on all eight pending spot ETF applications, including Franklin Templeton, REX-Osprey, WisdomTree, and five others, by October 18.

XRP aims for $3.3 as the market slowly recovers

The XRP/USD 4-hour chart remains bullish and efficient despite XRP’s recent poor performance. The long-term trend remains bullish as XRP looks to set a new all-time high in the near to medium term. 

After holding around the $2.9 support, XRP could rally higher in the short term. The technical indicators are still bearish but point to signs of growing momentum. The MACD lines are within the bearish region, but could soon crossover into the positive zone. The RSI of 43 shows that XRP is not in the oversold region, and bulls could regain control with ease.

XRP/USD 4H Chart

If the recovery improves, XRP could surge past the first major resistance level at $3.39 in the next few hours or days. Support from the broader market would allow it to surpass its recent high of $3.66.

However, if the bearish trend grows stronger, XRP could retest the $2.72 support level over the next few days. The low of $2.08 created last month remains strong and could stand in the short to medium term.

The post XRP climbs above $3 after ETF delay; Check forecast appeared first on CoinJournal.

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Bio Protocol hits 6-month high as harmonic pattern signals further upside

  • Bio Protocol funds $80K brain health trial, earning CLAW royalty tokens.
  • Staked BIO tokens rise to 125M, tightening supply and boosting demand.
  • Harmonic chart pattern signals a possible BIO price rally toward $0.1787.

The Bio Protocol (BIO) token has regained strong momentum after a sharp pullback earlier this month, climbing to a six-month high of $0.1514 before settling near $0.138.

The recovery follows a string of bullish catalysts, ranging from real-world biotech partnerships to a surge in staking activity, while traders are now watching technical signals that hint at further upside.

BIO price recovery sparks fresh momentum

After dropping to $0.0962 during the recent correction, BIO has staged an impressive rebound of more than 50% in a matter of days.

The strong recovery comes at a time when the broader crypto market has been under selling pressure, yet Bio Protocol has managed to move against the trend.

At press time, the token was trading nearly 100% higher on the month, underscoring its growing resilience.

Trading activity has also intensified. Daily volumes have spiked by more than 700% last week, crossing $440 million as new investors piled in.

This sharp increase in liquidity has strengthened confidence that BIO’s market depth is improving, making it more attractive for both retail and institutional traders.

Clinical trial funding lifts sentiment

One of the strongest drivers of BIO’s price rally has been the announcement of its first major biotech initiative.

Through its partner Cerebrum DAO, the Bio Protocol community approved $80,000 in funding for a Phase 2 human clinical trial of Percepta, a supplement targeting memory loss and neurodegeneration.

The deal not only gives Bio Protocol direct exposure to real-world biotech outcomes but also provides it with CLAW tokens.

These tokens are tied to royalties from Percepta sales, creating a potential revenue-sharing model that sets BIO apart from other speculative altcoins.

Investors see this as a sign that the project is delivering on its promise to link decentralised finance with biotech innovation.

BIO token staking reduces supply pressure

Another factor supporting BIO’s price is the steady growth in token staking.

The amount of staked BIO tokens has climbed to 125 million, representing about 3.5% of the circulating supply.

This is a significant jump from 25 million staked tokens earlier in August.

By staking, holders earn BioXP, which provides access to new ecosystem assets such as CLAW. More importantly, staking reduces the liquid supply on exchanges.

As a result, when demand rises, the price impact is magnified. Traders are already drawing comparisons to earlier DeFi tokens where similar dynamics sparked explosive rallies.

Technical setup points to higher targets

From a technical perspective, BIO has cleared several key resistance levels. It moved above the 7-day simple moving average at $0.116 and broke through the 23.6% Fibonacci retracement at $0.128.

The next resistance sits near $0.145, with momentum indicators suggesting strong buying pressure despite a relative strength index that hovers near overbought territory.

Adding to this outlook, analysts have identified a harmonic ABCD pattern unfolding on the 4-hour chart.

Bio Protocol price analysis

The harmonic ABCD pattern began with a rally from $0.0559 to $0.0956 before retracing and launching into a bullish CD-leg.

The extension of this structure projects an upside target near $0.1800, which traders are closely monitoring as the next profit-taking zone.

Bio Protocol price outlook remains cautiously bullish

While the harmonic setup points to further upside, traders remain alert to the possibility of consolidation.

A failure to hold above the 50-period moving average, currently near $0.1159, could open the door to short-term corrections.

Still, the combination of real-world utility, staking-driven scarcity, and a favourable technical structure has left sentiment firmly bullish.

Bio Protocol’s six-month high marks an important milestone for a token launched less than a year ago.

But whether it can sustain this rally will depend on both the outcome of the Percepta trial and the broader adoption of decentralised science models.

The post Bio Protocol hits 6-month high as harmonic pattern signals further upside appeared first on CoinJournal.

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XRP price forecast points to a possible 777% surge to $28

  • XRP could potentially rise from around $3 to $28, representing a 777% increase.
  • Financial institutions are increasingly adopting XRP for cross-border payments.
  • The projected surge depends on favorable market conditions and continued adoption.

XRP is once again at the centre of market discussions after crypto strategist @egragcrypto shared a prediction suggesting the token could rally by as much as 777%, potentially reaching $28.

The digital asset, currently trading at around $3.01, has attracted renewed attention from both investors and analysts across global markets.

XRP price
Source: CoinMarketCap

This projection comes against a backdrop of historical price cycles, ongoing legal clarity from Ripple’s battle with the US Securities and Exchange Commission (SEC), and increasing institutional adoption of blockchain-based settlement solutions.

The combination of technical chart patterns and real-world developments is driving speculation on whether XRP can repeat its past performance and set new all-time highs.

XRP cycles show patterns behind $28 forecast

According to the analysis, XRP’s price history reveals three distinct cycles. The first, during the 2017–2018 boom, saw the token move from just a few cents to over $3.00 before the wider crypto market collapsed.

The second occurred between 2020 and 2021, when XRP staged a strong rebound despite Ripple being caught in an SEC lawsuit.

Egrag’s cycle analysis now points to a potential third phase. XRP has been consolidating near multi-year highs, with the 777% target at $28.16 projected if the historical pattern plays out once again.

The forecast has spread widely across social media, with the tweet by @egragcrypto fuelling further debate among market watchers and crypto traders worldwide.

Ripple’s legal win and institutional partnerships

Momentum around XRP has also been supported by developments outside of charts. A key turning point came in 2023, when Ripple secured a partial court victory against the SEC.

The ruling determined that XRP was not considered a security when traded on exchanges, removing a major source of regulatory uncertainty. This outcome provided banks and institutions with the confidence to engage with the token, reviving its role as a settlement asset.

Ripple has since expanded its network of financial partnerships across global markets, with institutions exploring XRP’s potential for cross-border payments.

Despite challenges, XRP has consistently maintained its place in the top 10 cryptocurrencies by market capitalisation. At present, the token is up roughly 1.66% today, with trading volumes reflecting solid interest from both retail and institutional investors.

XRP prediction requires favourable conditions

While the 777% projection to $28 has gained attention, analysts note that such a move would require favourable conditions, including wider crypto market growth, regulatory stability, and continued adoption by financial institutions.

The size of the rally means that the prediction remains highly ambitious, but XRP’s resilience has kept it in the spotlight.

Sustained performance in trading volumes, combined with XRP’s ability to maintain relevance despite legal hurdles, has encouraged closer monitoring of the asset.

Whether or not the cycle analysis proves accurate, XRP continues to demonstrate significant staying power in an evolving global cryptocurrency market that is increasingly shaped by institutional participation and long-term investor interest worldwide.

The post XRP price forecast points to a possible 777% surge to $28 appeared first on CoinJournal.