Schlagwort: crypto market

Key takeaways

• BTC is down 7% in the last 24 hours and is now trading around $81k per coin.
• The leading cryptocurrency could drop towards the $80k level if the bearish trend continues.

BTC continues to underperform

The cryptocurrency market has continued its poor performance in November. Bitcoin has lost 9.6% of its value in the last 24 hours and temporarily dropped below the $82k level.

The bearish performance comes amid a massive selloff in the market. JPMorgan analysts led by managing director Nikolaos Panigirtzoglou stated in a report earlier this week that the ongoing selloff is driven mainly by retail selling of spot bitcoin and ether ETFs rather than crypto-native traders. The analysts added that,

“While crypto native investors were responsible for the crypto market correction in October via heavy deleveraging in perpetual futures, this previous deleveraging in perpetual futures appears to have stabilised in November. Instead, it has been non-crypto investors, mostly retail investors who typically use spot bitcoin and Ethereum ETFs to invest in the crypto market, that appear to have been mostly responsible for the continuation of the crypto market correction in November.”

The selloff has also affected altcoins, with Ether, XRP, and other leading cryptocurrencies in the red. 

Bitcoin slips below $82,000

The BTC/USD daily chart is bearish and inefficient as Bitcoin has lost 10% of its value in the last 24 hours. BTC began the week bearish, extending its decline by 2% and closing below the 61.8% Fibonacci retracement level at $94,253.

The $90k support level on Wednesday failed to hold, and Bitcoin has now dumped another 10% since then.. At the time of writing on Friday, BTC is trading down around 83,400.

The Relative Strength Index (RSI) on the daily chart stands at 22, indicating strong bearish momentum and oversold conditions for the leading cryptocurrency. The MACD lines are also extremely bearish at the moment. 

If the selloff continues and Bitcoin closes the daily candle below the $85k support, it could extend the decline toward the key psychological level at $80,000.

However, if the $85k support level holds in the near term, BTC could rally and hit the next key resistance at $90,000.

The post Bitcoin price forecast: Is Bitcoin heading for $80k? appeared first on CoinJournal.

Key takeaways

• DOGE is down by less than 1% and is trading above $0.15.
• DOGE’s derivatives market shows signs of recovery as Open Interest rises to $1.66 billion.

Dogecoin’s derivatives data shows signs of recovery

DOGE, the native coin of the Dogecoin ecosystem, continues its poor performance this week after losing less than 1% of its value in the last 24 hours. The leading memecoin is currently trading at $0.157 and could record further losses in the near term.

 Since the October 10 flash crash, which liquidated over $19 billion in crypto assets in a single day, Dogecoin has lost 37% of its value. 

The selloff reflects the bearish sentiment in the broader crypto market, with uncertainty of another Fed rate cut causing capital flight in the cryptocurrency market. Fed Chair Jerome Powell said during the last FOMC meeting that a December rate cut was not guaranteed, which spooked investors and fueled risk-off sentiment.

Despite DOGE’s poor performance, its derivative market has shown promise in recent days. The Dogecoin futures Open Interest (OI) has stabilized over the past few days. Data obtained from Coinglass shows that traders are slowly regaining confidence in Dogecoin’s ability to sustain short-term recovery.

Coinglass added that Dogecoin OI-Weighted Funding Rate has risen to 0.0076% on Wednesday from Tuesday’s -0.0083%. The surge comes as traders increasingly pile into long positions. 

DOGE remains bearish as market volatility continues

The DOGE/USD 4-hour chart is bearish and efficient as Dogecoin has lost 10% of its value in the last 24 hours. The bearish performance comes as the broader crypto market continues to underperform. 

The Relative Strength Index (RSI) on the 4-hour chart at 48 risks extending its decline toward oversold territory. If the selloff continues, DOGE could potentially escalate the downtrend below $0.1500.

Dogecoin is currently trading below he 50-day Exponential Moving Average (EMA) at $0.1893, the 100-day EMA at $0.2024, and the 200-day EMA at $0.2090, and they could serve as strong resistance levels in the near term.

If the bearish trend continues, DOGE could drop below the $0.15 level and retest the $0.1424 support last tested in June. 

The post Dogecoin Price Forecast: DOGE could retest $0.14 appeared first on CoinJournal.

Key takeaways

• Solana is down by less than 1% and is currently trading below $140.
• Canary Capital and Fidelity announced the launch of their spot Solana ETFs SOLC and FSOL on Tuesday.

SOL down 1% despite positive fundamentals

SOL, the native coin of the Solana blockchain, is down by less than 1% in the last 24 hours and is currently trading below $140. This bearish performance comes despite Canary Capital and Fidelity announcing the launch of their spot Solana Exchange Traded Funds (ETFs), SOLC and FSOL, on Tuesday.

BREAKING: @Fidelity, one of the world’s largest asset managers with $6.4 Trillion AUM, launches Solana ETF on @NYSE: FSOL 🔥 pic.twitter.com/m9DhhOlfUt

— Solana (@solana) November 18, 2025

The news boosted market sentiment amid growing institutional investors. However, it didn’t translate into a positive rally for SOL, as the coin continues to eye the weekly support level around $128. 

Fidelity became the fourth asset manager to launch an SOL ETF and also added a staking feature to the fund. This latest development indicates growing institutional interest in Solana-based investment products, which could become a bullish outlook for SOL in the long term. 

SOL could retest the $128 low as bearish momentum persists

The SOL/USD daily chart is bearish and efficient as Solana has underperformed over the past few days. SOL faced rejection at the daily level of $168.79 last week and has lost over 22% of its value since then. At press time, SOL is trading above $136 per coin after hitting the $144 level on Tuesday. 

If the current support level at $128.68 continues to hold, SOL could extend the recovery toward the next major resistance and TLQ level at $160. The RSI on the daily chart currently stands at 34, indicating that the bearish trend remains strong.

However, if SOL’s daily candle closes below $128.68 over the next few hours, the coin could extend its decline toward the next daily support at $118. Currently, the trend and order flow are negative, indicating that sellers are in control.

The post SOL dips below $140 as market sentiment remains bearish appeared first on CoinJournal.

Key takeaways

• LTC is down 1.7% in the last 24 hours and is trading above $93 per coin.
• The bearish performance comes amid weakening demand.

LTC stays below $100

The cryptocurrency market has underperformed earlier this week, but the selling pressure has subsided in the past few hours. Litecoin is currently down by 1% in the last 24 hours and is currently trading above $93, down from the $95 weekly high it reached a few hours ago.

Despite the recent price action, the fundamentals for Litecoin remain neutral. The total supply of LTC coins in profit dropped to 57%, creating a heavy selling activity, with investors posting a combination of loss realization and profit-taking in the past few days.

According to the data obtained from Santiment, the distribution comes mainly from investors who purchased the cryptocurrencies over the last two months. 

This weakness is also significant across US spot Litecoin exchange-traded funds (ETFs) as they have failed to attract demand. 

Data obtained from SoSoValue shows that since the launch of the Litecoin ETFs in October, they have attracted a cumulative net inflow of $7.26 million, according to SoSoValue data. The only spot Litecoin ETF available in the US is Canary’s LTCC.

On the derivatives market, Litecoin’s funding rates flashed negative twice over the last two days. This indicates short traders are gaining momentum in the Litecoin market. Litecoin’s Open Interest (OI) has recovered slightly to 5.57 million LTC but remains far from pre-October 10 leverage-flush levels of 8.80 million LTC.

LTC could retest the $90 support level

The LTC/USD daily chart remains bearish and inefficient as the coin has lost 8% of its value in the last seven days. Litecoin dipped to the $90.2 support level on Tuesday but quickly rallied to the $95.4 resistance area. It failed to overcome the $95 resistance area and is now trading above $93.66. 

The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are below their neutral levels, indicating that the bears are currently in control of the market. 

If the bullish recovery continues, LTC could rally above the $116 efficiency level over the next few hours. However, LTC could drop to the $80 support level if the bulls fail to defend the $90.2 region.

The post Litecoin Price Forecast: Weak demand could push LTC below $90 appeared first on CoinJournal.

• Internet Computer (ICP) rises amid market downturn, driven by short squeeze AI hype.
• The Internet Computer ecosystem growth and AI tools have strengthened investor confidence.
• A breakout above the key resistance at $5.94 could push ICP’s price toward $7.

Internet Computer (ICP) has caught the attention of crypto traders and analysts alike by defying the broader market downturn.

While Bitcoin (BTC) and Ethereum (ETH) struggle with declining prices, ICP has surged by double digits, showcasing resilience.

Notably, the ICP’s price surge comes amid growing ecosystem developments and increasing activity in the AI space, signalling that the network is finding new momentum even in a challenging market environment.

ICP price rebounds against market trends

Over the past 24 hours, Internet Computer (ICP) has risen sharply, trading around $5.44, after an 11.3% increase despite a broader market downturn that has weighed heavily on most major cryptocurrencies.

This surge has been fueled in part by a potential short squeeze, as funding rates in the derivatives market have turned deeply negative.

Traders holding short positions on ICP faced growing pressure as the token’s price climbed, forcing some to close their positions and buy back the token, which added upward momentum.

However, open interest in ICP derivatives has surged nearly 92% to $174 million, indicating heightened trading activity and volatility that could accelerate the rally further if key resistance levels are overcome.

The technical picture for ICP is equally compelling.

The token recently broke above a two-month falling price channel, a pattern that had contained the asset since early November.

This breakout is considered a bullish signal, with indicators like the Awesome Oscillator turning positive.

While the MACD remains bearish and the RSI hovers near neutral at 52, the price move suggests that sellers’ control is weakening.

Ecosystem growth supports ICP momentum

Beyond technical catalysts, the Internet Computer (ICP) price is also supported by strong ecosystem fundamentals.

The total value locked (TVL) in ICP’s DeFi ecosystem has grown 57% in the past month to reach $19.83 million, driven by platforms such as WaterNeuron, which alone has seen its assets increase by 90%.

Stablecoins on the network have also risen, now totalling nearly $4.93 million.

Additionally, the launch of Caffeine, a platform that allows users to build websites and applications through AI without coding, has reinforced ICP’s position in the fast-growing AI sector.

Institutional partnerships and integrations, including collaborations with Microsoft Azure and Google Cloud, have further strengthened the network’s decentralised cloud and AI narrative, attracting developers and investors alike.

Internet Computer (ICP) price outlook

While the broader market faces uncertainty, ICP’s ecosystem expansion, AI integration, and strong technical setup position it for further upside potential.

The combination of technical and fundamental drivers suggests that the Internet Computer (ICP) price could continue its upward trajectory.

A successful breakout above the $5.94 resistance could open the path to $7 or higher, with strong buying momentum reinforced by the short squeeze dynamic.

At the same time, holding the key support level at $4.76 will be critical to maintaining investor confidence.

If bulls remain in control, traders should closely watch the $5.94 resistance, with a daily close above this level potentially confirming a trend reversal and opening the door to higher targets near $6.74 or even $7.32, in line with Fibonacci retracement levels.

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