Schlagwort: crypto business

• Active XRP addresses dropped over 40% in four days.
• XRP price remains stuck between a tight trading range.
• Retail holders have grown, but overall network activity is slowing.

XRP has entered a tight and uncertain phase after a brief rally following an announcement by US President Donald Trump that the United States will pause strikes on energy and power installations in Iran after the expiry of the 48-hour ultimatum on opening the Strait of Hormuz.

BREAKING PRESIDENT TRUMP: 🇺🇸🇮🇷 We had very good and productive conversations regarding a complete and total resolution of hostilities in the Middle East.

Military strikes postponed for 5 days. pic.twitter.com/wiZh9F1H5p

— Donald J Trump Posts TruthSocial (@TruthTrumpPost) March 23, 2026

The momentum that initially lifted prices following Trump’s announcement now appears to be fading as the market struggles to find direction.

At the time of writing, XRP is trading around $1.43.

The price has moved within a narrow range between $1.36 and $1.46, reflecting hesitation among traders after a week where XRP slipped by about 5%, extending its broader downward trend over the past year.

While the recent rally gave traders hope, the follow-through has been weak.

XRP Ledger activity drops sharply

One of the most notable developments is the sharp decline in XRP Ledger (XRPL) network activity.

Notably, XRP’s active addresses have fallen by more than 40% within just a few days, according to the data obtained from CryptoQuant.

This drop signals a slowdown in user engagement, which often reflects reduced demand in the short term.

Fewer active participants usually translate to less transaction volume and weaker momentum.

This decline contrasts with the earlier optimism that surrounded XRP’s growing number of wallet holders.

While more people may be holding XRP, fewer are actively using it.

This gap between ownership and activity suggests that investors are choosing to wait rather than act.

Such behaviour is common during uncertain market conditions.

Retail growth continues despite the slowdown

Even as activity drops, the number of smaller XRP holders continues to grow steadily.

This trend points to increasing retail interest in the asset.

A rising base of small holders often signals long-term confidence, even if short-term sentiment is mixed.

It also suggests that XRP is becoming more widely distributed rather than concentrated in a few large hands.

However, growing ownership alone does not guarantee price growth.

Without strong network activity to support it, price movements can remain limited.

This is the situation XRP appears to be facing now.

XRP price outlook

XRP’s current price movements reflect a market caught between opposing forces.

On one hand, there is optimism driven by broader adoption and past rally attempts.

On the other hand, there is clear evidence of weakening participation and fading momentum.

The asset remains well below its previous peak, showing that recovery is still incomplete.

Short-term price action suggests consolidation rather than a decisive move in either direction, with the immediate support level at near $1.33 holding for now.

At the same time, resistance around $1.54 to $1.60 continues to limit upward movement, creating a narrow trading range that traders are watching closely.

The post XRP hits a snag after Monday’s relief rally, active addresses down 40% appeared first on CoinJournal.

• HBAR rose to above 0.095 as crypto sentiment improved following recent macro‑driven swings.
• The $0.13-$0.15 zone could be a major resistance region for bulls.
• Hedera price must reclaim and hold above $0.10 to confirm a potential trend reversal.

Hedera (HBAR) price jumped more than 5% in 24 hours as cryptocurrency markets flipped green, with bulls eyeing momentum amid optimism that the US-Iran war could end soon.

But as Hedera’s native token targets a breakout above the $0.10 mark, what resistance cluster is likely to derail buyers? The technical chart provides the outlook.

Here’s why HBAR price rose, testing a key level

Hedera’s HBAR rose to intraday highs near $0.095 on Monday as Bitcoin and the broader market reacted to geopolitical developments.

The move followed comments from Donald Trump suggesting easing tensions with Iran, which helped lift sentiment across risk assets.

Bitcoin climbed above $71,000 during the session, while BNB also moved higher toward $650, supporting gains in altcoins.

Despite the initial relief, underlying uncertainty remains. Ongoing tensions linked to the Iran conflict and broader macroeconomic headwinds continue to limit upside across the crypto market.

Adding to the uncertainty, reports cited Iranian state media disputing Trump’s claims, stating that no negotiations are underway and rejecting his remarks.

Against this backdrop, HBAR’s near-term direction remains tied to broader market movements.

A renewed decline in Bitcoin could push the token back below the $0.09 level.

On the other hand, sustained buying above current levels could open the door for further short-term gains, with a key resistance zone likely to define the next move.

Hedera price forecast: can bulls extend rally?

Analysts tracking Hedera highlight $0.10 as a key near-term pivot, with potential upside targets in the $0.13–$0.15 range.

This zone has recently acted as a ceiling for price advances, capping bullish attempts.

A sustained move higher would require HBAR to break above the 50-day exponential moving average near $0.098 and the 100-day EMA around $0.11.

Clearing these levels would bring the token toward a primary resistance area near the 200-day EMA, around $0.13, which has marked recent rejection points.

Previous attempts to push higher have struggled to hold gains beyond the $0.15 level.

At present, HBAR is retesting the middle band of the Bollinger Bands on the daily chart.

The bands are tightening, indicating reduced volatility and suggesting that a breakout may be approaching, although confirmation is still needed.

Hedera HBAR chart by TradingViewFailure to clear this zone could see HBAR revert into a consolidation corridor within a long-term downward channel.

Conditions across the market could then mean an extended sideways action before clarity from macro or fundamentals becomes the next upside catalyst.

Bears may eye $0.07 and $0.06 as major support levels.

The post HBAR price gains amid crypto uptick: where’s the major resistance? appeared first on CoinJournal.

• BNB posted an intraday surge to $650 amid President Donald Trump’s pause on Iran strikes.
• A broader breakout could push the Binance coin to above $700.
• If prices drop below $600, it would negate the near‑term bullish setup.

BNB price recorded a sharp intraday rebound on Monday, retaking a pivotal technical zone as the broader cryptocurrency market rallied on news that President Donald Trump has paused planned US military strikes on Iran.

The reported de‑escalation eased investor jitters and helped BNB touch $650, with gains aligning with the spike to above $71,000 for Bitcoin and $2,170 for Ethereum.

BNB surges amid Trump news on Iran

​BNB briefly overtook XRP by market cap, hitting roughly $93 billion before relinquishing the fourth spot back to the Ripple token.

The initial surge that pushed the Binance Coin above XRP by market cap came as BTC exploded after President Trump said the US and Iran have held talks. Stocks also spiked as Trump said he ordered a halt to strikes on Iran with a five-day pause.

“I am pleased to report that the United States of America, and the country of Iran, have had, over the last two days, very good and productive conversations regarding a complete and total resolution of our hostilities in the Middle East,” wrote Trump in a Truth Social post.

On the talks and what they mean, Trump told Fox News:

“They want, very much, to make a deal. We’d like to make a deal, too. We’re going to get together today. If it goes well, we’re going to end up settling this.”

Oil prices, which have recently soared amid the conflict, fell by nearly double-digits to $88 a barrel for the West Texas Intermediate and $100 a barrel for the international benchmark Brent.

In the meantime, the Dow Jones Industrial Average popped more than 1000 points.

Can BNB price reclaim $700 next, or are bears too strong for bulls?

BNB price outlook: is $700 next?

Technically, BNB is retesting a critical resistance level that has acted as a swing high in recent sessions.

As the daily chart below shows, bulls are looking to push prices above the 20-day exponential moving average.

The chart has RSI signalling an upward bias near the neutral zone, while MACD is hinting at a bullish crossover, having recently posted a histogram with fading upside momentum.

If price makes a decisive break above this zone, the 50-day EMA will offer another hurdle before bulls likely retest $700.

The zone nonetheless aligns with the downtrend line from October 2025.

A bullish continuation above it will open the path toward $950-$1,000.

However, should the upside fail, immediate support lies near $623, followed by a stronger demand zone around $600 and $583.

The post BNB price retests key level amid intraday surge – more gains next? appeared first on CoinJournal.

• Ethereum price rose to above $2,170 after Trump delayed US strikes on Iran.
• An Ethereum OG whale sold 15,002 ETH for about $30.97 million via Coinbase.
• Ethereum price hovers in the $2,000-$2,200 range.

Ethereum price pumped more than 4% in a sharp U-turn as downside pressure quickly gave way to upside movement amid market reaction to a fresh announcement by President Donald Trump.

However, the altcoin’s price remained near the critical $2,000 level amid notable whale offloading in the hours prior to Trump’s post on Monday.

Ethereum bounces sharply amid Trump announcement

Ethereum traded higher in early US trading hours, moving sharply from around $2,060 to above $2,170 as bulls attempted to recover from intraday lows.

The altcoin hovered near $2,150, boasting a 24-hour trading volume of over $19 billion.

A look at the markets shows Ethereum’s move to highs of $2,170 coincided with Bitcoin’s sudden uptick to the $70,000 area.

BTC had dipped below $68,000 as the broader risk‑on mood suffered the sentiment around events in Iran and the Middle East.

However, President Trump’s announcement of a five-day pause in US strikes on Iran on Monday appeared to bolster buyers.

“The United States and Iran have had productive discussions over the past two days toward fully resolving hostilities in the Middle East. As talks continue this week, I’ve ordered a five-day pause on any military strikes against Iranian energy infrastructure, contingent on progress,” Trump posted on Truth Social.

Stocks also saw an uptick, economist Mohamed El-Erian pointed out via X.

Market prices performed a massive U-turn just minutes after the post below as President Trump announced that the U.S. has held „very productive and constructive conversations“ with Iran, resulting in a five-day postponement of „any and all military strikes against Iranian power… https://t.co/oSZ6Lvx7Gy

— Mohamed A. El-Erian (@elerianm) March 23, 2026

ETH prices had dropped as OG whale sold $31M ETH

On Monday, an Ethereum OG wallet labeled “0xa2F…F85A” moved 15,002 ETH to US-based crypto exchange Coinbase.

The total value of the coins stood at about $30.97 million at the time, on‑chain analytics platform Lookonchain noted.

An #EthereumOG (0xa2F6) just sold 15,002 $ETH($30.97M)!

This OG previously received 172,700 $ETH 10 years ago (worth $2.2M at the time, now $356M) at a price of $12.83.https://t.co/RoESAs76xF pic.twitter.com/wZ4PdUGWwt

— Lookonchain (@lookonchain) March 23, 2026

The wallet originally accumulated around 172,700 ETH about a decade ago, when each token traded near $12.83, implying an initial outlay of roughly $2.2 million.

At current prices near the low‑$2,000s, that full stash would be valued at roughly $353 million, indicating substantial paper gains realized over the years.

Despite the huge cash out, the address still holds over 14,800 Ether and is one of the network’s long‑term holders.

In a separate transaction, another whale sold 5,000 ETH worth about $10.3 million. The transfer happened at roughly $2,063 per token, slightly lower than the current price of ETH.

This whale still holds around 126,000 ETH, worth about $257 million, with this indicating overall long-term bullish sentiment.

Ethereum price key levels

From a technical standpoint, ETH is hovering within the short‑term support and resistance in the $2,000–$2,200 band.

As highlighted here, the $2,150 is a key level and upside momentum hinges on bulls keeping support intact.

The downside, key bearish targets lie around $1,800, while bulls fancy $3,000 and the August 2025 all‑time high of $4,953.

 

The post Ethereum rallies 4% as Trump halts Iran strikes, offsetting whale dump appeared first on CoinJournal.

• SIREN surges as momentum and strong trading activity increase.
• Profit-taking is, however, emerging after the recent sharp price rally.
• Key levels to watch are the support at $2.50 and the resistance at $3.20.

SIREN has surged sharply, drawing attention across the crypto market.

The token has recorded a 89% increase within a single day, which is an unusually large move even by memecoin standards.

This kind of rapid price action is rarely random, and it usually reflects a mix of strong momentum, speculation, and short-term market dynamics.

Here’s why the price of SIREN jumped that high

One of the main drivers behind this move is simple market momentum.

When a token begins to rise quickly, it tends to attract more buyers who fear missing out.

This creates a feedback loop in which rising prices lead to higher demand, which in turn pushes prices even higher.

SIREN appears to have benefited from exactly this kind of reaction.

At the same time, trading activity has increased significantly.

High volume during a price surge often signals strong participation from both retail traders and larger market participants.

However, heavy volume alone does not guarantee continued upside.

It often appears during both breakouts and tops, which makes it important to interpret carefully.

Profit-taking could halt the rally

Despite the strong rally, there are early signs that some participants are locking in profits.

After a near 100% surge, it is common for early buyers to start selling into strength.

This behaviour creates selling pressure that can slow down or reverse upward momentum.

The meme coin is already down 16% from its recently hit all-time high

When prices fail to hold near their peak, it can indicate that sellers are beginning to take control.

There are also concerns among some traders about the structure of the market behind SIREN.

Speculative assets with rapid growth can sometimes be influenced by concentrated holders.

This raises the possibility of larger players influencing price direction through coordinated buying and selling.

SIREN price forecast

Overall, SIREN remains in a strong but fragile position. Looking ahead, the key level to watch is around $2.50.

This level is acting as immediate support in the short term.

If SIREN manages to hold above this zone, the market may enter a consolidation phase.

In that case, the price could move between $2.50 and $3.20 while the market stabilises after the recent surge.

A stronger bullish continuation would require a clean break above $3.20.

If buyers can push the price back toward the recent all-time high and beyond, it would signal renewed strength.

However, this would also require sustained buying volume and strong market sentiment.

On the downside, a break below $2.50 would be a key warning sign.

If that level is lost with significant volume, it could indicate that profit-taking is accelerating.

In that scenario, the next area to watch would be around $2.00.

A move toward this level would represent a deeper correction after the recent rally.

The post Here’s why SIREN memecoin is up 89% today appeared first on CoinJournal.