Schlagwort: crypto business

• Polkadot price fluctuated in a tight range near $1.50 on Tuesday.
• Bulls could push to above $1.67 ahead of DOT emissions cut.
• Sell-off pressure amid prevailing market conditions might derail this setup.

Polkadot is trading near $1.50 as bulls position amid a potential breakout, with eyes on the upcoming upgrade and overhaul of DOT’s tokenomics.

The cryptocurrency’s price is also off lows of $1.40 reached earlier in the week as investors ponder a potential boost to DOT from fresh institutional interest.

Bulls recently celebrated the launch of the first US spot Polkadot ETF.

DOT, ranked 33rd with a market capitalization of $2.54 billion, is bidding to extend gains amid overall upward movement for Bitcoin and top altcoins.

Polkadot (DOT) holds near $1.50 as upgrade nears

Polkadot’s price shows an intraday range of $1.49-1.54 in early trading during the US session on March 10.

The gains see buyers bid for a retest of recent highs, while holding the critical $1.50 level.

The backdrop to this price action is a scheduled reset of Polkadot’s tokenomics.

A new monetary framework will roll out on March 12, and analysts say anticipation could catalyze fresh momentum for DOT.

The uptick this past week coincided with notable buying as traders positioned ahead of the event.

Specifically, Polkadot’s tokenomics reset will involve the introduction of a 2.1 billion hard cap on DOT supply.

The upgrade targets a 53.6% cut in emissions as well as staking.

ETF buzz has also engulfed Polkadot over the past few days.

This follows the debut of 21Shares’ spot Polkadot ETF, the first US spot DOT ETF that went live on Nasdaq under the ticker TDOT.

The physically backed fund, seeded with $11 million, could strengthen the asset’s appeal as a longer‑term allocation within diversified crypto portfolios.

Polkadot technical analysis

From a technical perspective, DOT’s immediate focus is on converting the $1.50-$1.55 region from resistance into support.

Bulls are eyeing three consecutive green candles on the daily chart and look to have stemmed the downtrend from highs of $1.75 posted in late February.

RSI is neutral near 50, and an upturn could see buyers accelerate gains.

However, after a choppy start to the year, trading around this level means bulls may not be out of the woods yet.

The token may thus trade sideways as consolidation picks pace.

For a breakout, DOT has to achieve an emphatic daily close above $1.55.

A successful breach of resistance at $1.67 amid a bullish retest could trigger follow-through buying.

If this happens, it could open the door to a short-term test of recent local highs around $2.30.

Conversely, failure to hold $1.50 will keep DOT confined within its descending channel. Major support lies around $1.22.

The post Polkadot price outlook: bulls test key resistance near $1.50 appeared first on CoinJournal.

• Chainlink trades above $9 and could see a breakout amid a bullish technical setup.
• Market conditions and overall weakness may allow bears to eye support near $8.
• If bulls take control, LINK could rally towards past year highs.

Chainlink price rose slightly on Tuesday as the latest gains pushed Bitcoin to above $70,000 and altcoins showed strength amid easing investor jitters around the Iran war.

While LINK price remains in a downtrend amid the crypto market’s overall sentiment, bulls are holding steady above $9 and could extend upwards as a key technical setup strengthens.

At the time of writing, LINK’s price hovered around $9.13, up 3.4% in the past 24 hours and 6% in the past week as buyers pushed prices off lows of $8.40 reached on Monday, March 9.

Notably, Chainlink is edging higher amid an 8% increase in daily trading volume.

LINK price today

Chainlink’s latest price movement indicates resilience despite overall uncertainty around macro and geopolitical headwinds.

However, the gains to intraday highs of $9.16 means bulls have a slight cushion after Monday’s dip.

Daily volume stands at over $721 million.

A notable aspect of LINK price over the past month or so is the resilience shown through inflows into spot exchange-traded fund products.

According to SoSoValue data, Chainlink spot ETFs saw inflows of $2 million on March 9, up from $935k on March 6 and $1.93 million a day earlier.

Cumulative inflows totaled $92.66 million, suggesting investor conviction. Prices may rebound hard amid further ETF action.

Chainlink price technical forecast

The daily chart shows Chainlink price poised near the upper boundary of a long-term descending channel.

Bulls’ gains in the past week have also pushed the token into a tightening consolidation pattern marked by a downtrend line from the highs of $27 hit in August 2025.

As the chart shows, LINK has traded within a tight range between $7.84 and $9.55 since bouncing from the lows on February 5.

The $8.10 level has acted as a key support level during this time.

However, more importantly, LINK is near the resistance mark of both the parallel channel and the downtrend line.

While LINK price remains confined within the bearish structure, a breakout is likely to catapult prices to an initial supply zone around $12.

Buyers may also fancy a short-term push to highs of $14, another support-turned-resistance level from November and December 2025.

If a stronger uptick across crypto materializes, $19.85 would provide the next hurdle before bulls likely retest $27.

On the downside, bears could have fresh momentum at the $8.32–$8.50 zone.

But if bulls manage to hold above this area, LINK’s breakout structure will remain.

The post Chainlink price technical analysis: LINK strengthens breakout setup appeared first on CoinJournal.

• Sei token is trading up as bulls mirror broader crypto gains.
• The layer-1 blockchain project has notable growth across treasuries, equities, and agentic tools.
• Broader market conditions and the technical picture favour downward price action.

The Sei Network (SEI) price has increased by nearly 5% in the past 24 hours, gaining amid a broader uptick that sees several altcoins trading higher at elevated volumes.

The high-speed Layer-1 blockchain optimized for trading is experiencing a resurgence amid key milestones across several market segments, and the SEI price, which hovers near $0.065, could tap into these potential bullish catalysts to climb higher.

Sei price outlook

The SEI token hit an all-time high above $1.14 in March 2024, having rallied from lows of $0.0007 in August of the previous year.

The token has declined from $0.37 in August 2025 and is down about 67% over the past year amid a prolonged bearish trend.

Current market conditions suggest bulls may struggle to reclaim the recent peaks.

Technical indicators show the path of least resistance remains downward, even as the daily RSI signals an oversold bounce.

SEI’s current price is well below the key moving averages, including the 50-day and 100-day simple moving averages at $0.079 and $0.1005.

However, analysts are pointing to ecosystem growth and institutional adoption as potential catalysts that could combine with an anticipated uptick in altcoins to drive prices higher.

Sei’s financial stack accelerates

Sei shared in an X post on Mar 10 that the project’s financial infrastructure has witnessed tremendous growth over the past two months.

This includes milestones such as daily active addresses (DAA) jumping to 1.7 million, reached as the L1 records seven consecutive quarters of expansion.

Among key developments in this period is Ondo Finance’s launch of tokenized US Treasuries across Sei lending markets.

The integration allows users to access yield-bearing assets seamlessly, bridging traditional finance with decentralized ecosystems and pushing the native token to the forefront of adoption.

The project has also attracted attention amid interest in equities trading, with Chainlink’s equities price feeds set to roll out on Sei through the oracle-backed platform Monaco Trading.

Meanwhile, Sei is recording traction in real-world utility with a stablecoin payroll solution, agentic consumer finance tools, and custody solutions.

Coinbase announced full SEI EVM integration, and Kraken went live with native SEI EVM deposits and withdrawals.

These are bullish factors, even as metrics such as total value locked tank and stablecoin usage on Sei flounder.

Notably, TVL has dropped from a high of $1.37 billion in July 2025 to under $80 million.

Stablecoin market capitalization is also down, dipping by 17% in the past week to about $119 million.

If market sentiment remains bearish, it could reflect in the token’s short-term price action.

However, if Sei’s financial stack maintains an upward trajectory, near-term projections include a breakout above the psychological 1 mark.

The post Sei price prediction as L1’s financial stack accelerates appeared first on CoinJournal.