Schlagwort: crypto market

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Uniswap price forecast: UNI eyes $7.2 after 30% pump

Key takeaways

  • Uniswap’s UNI is the best performer among the top 30 cryptos by market cap, up 20% in 24 hours.
  • The rally comes after Uniswap Labs and the Uniswap Foundation submitted a “UNIfication” governance proposal on Monday.

UNI pump on UNIfication proposal

UNI, the native coin of the Uniswap decentralized exchange, is the best performer among the top 30 cryptocurrencies by market cap. The coin is currently up by 20% in the last 24 hours and is now trading above $8.5 per coin.

It had hit a monthly high of $10.2 on Monday but is currently retracing. The rally comes after Uniswap Labs and the Uniswap Foundation submitted a “UNIfication” governance proposal on Monday.

The proposal, co-authored by protocol founder Hayden Adams, Executive Director of the Uniswap Foundation Devin Walsh, and Uniswap researcher Kenneth Ng, will reduce the supply of Uniswap’s native UNI token in part by activating a burn mechanism. 

If approved, this will mark a significant shift for Uniswap and its token holders as they have been calling for the so-called “fee switch” that would divert a portion of the trading fees that historically accrued to liquidity providers to the Uniswap protocol’s treasury or UNI token holders.

The proposal will use protocol fees earned by the Uniswap DEX and Unichain sequencer to burn tokens, while also directly burning 100 million UNI tokens currently sitting in Uniswap’s treasury. 

Furthermore, the proposal would halt Uniswap Labs from earning fees on its interface, wallet, and API. However, it remains unclear the percentage of the fees will go towards token burns. 

UNI could retrace to $7.2 as the bullish surge subsides

The UNI/USD 4-hour chart is bullish but inefficient as the coin pumped on the UNIfication news on Monday. The coin is now retracing and could gain efficiency in the near term.

The technical indicators remain bullish, with the RSI of 73 showing that UNI could soon enter the overbought region. The MACD lines are also within the positive territory, indicating a bullish bias.

If the retracement continues, UNI could drop to the $7.2 level to gain efficiency in the near term. An extended dip would see the bulls forced to defend the support level at $6.6. 

However, if the bullish trend resumes, UNI could reclaim the $10.2 high created on Monday over the next few hours or days.

Uniswap price by TradingView

The post Uniswap price forecast: UNI eyes $7.2 after 30% pump appeared first on CoinJournal.

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WLFI token price rises as the US Senate passes deal to end government shutdown

  • WLFI token price jumps 33% after Senate advances shutdown-ending deal.
  • Political optimism and Trump ties fuel a strong WLFI trading surge.
  • WLFI token volatility rises as House vote and market reactions loom.

The WLFI token price has surged dramatically as the US Senate passed a procedural deal aimed at ending the historic 40-day US government shutdown, sending ripples through the cryptocurrency market.

Following the passage of the deal, World Liberty Financial (WLFI), a politically-linked DeFi project backed by the Trump family, saw its native token climb over 33% in a single day, reflecting both political optimism and heightened speculative interest.

Political developments drive WLFI price

The surge in WLFI price started immediately after the Senate approved a bipartisan agreement to fund the government, a key procedural first step following weeks of legislative deadlock.

This vote represents the most significant progress toward ending the shutdown, which began on October 1, 2025, leaving approximately 1.4 million federal employees on unpaid leave and halting essential services, including SNAP benefits for millions of low-income Americans.

Although the deal now moves to the House of Representatives, where additional approvals are required, the procedural success removed immediate macroeconomic uncertainty and sparked a broad risk-on environment across financial markets.

Historically, political narratives have been particularly influential in driving World Liberty Financial (WLFI) gains.

Besides the procedural deal, President Trump’s comments on potential $2,000 “tariffs dividends” and his pro-crypto stance have provided additional momentum for the token.

WLFI token price analysis

The WLFI token price recently cleared critical resistance levels, including its 30-day simple moving average and key Fibonacci retracement points, signalling renewed buying strength.

The trading volume has spiked by over 600% in 24 hours, indicating heightened participation from both retail and institutional investors.

In addition, futures open interest has jumped significantly, reflecting aggressive long positions and a speculative appetite that contributed to volatility.

Despite brief dips caused by large holder activity, such as the recent Jump Crypto’s transfer of 18.42 million WLFI to Binance, the overall trend remained sharply upward, with the token establishing higher lows that suggest sustained buying interest.

WLFI token price outlook

Looking ahead, WLFI token price is likely to remain reactive to news surrounding the US government shutdown and subsequent House of Representatives approvals.

While the Senate’s vote marked an important procedural step, additional hurdles remain before federal employees are fully restored to pay and government services resume.

Political developments, including potential policy updates on healthcare subsidies and tariff dividends, will continue to influence the token’s performance.

Rumours regarding potential involvement of key figures like Binance founder Changpeng Zhao in the World Liberty Financial (WLFI) ecosystem have also fueled speculation and trading activity, adding layers of momentum to the WLFI token price action.

Investors should also monitor large-holder transactions and derivatives activity, which could amplify volatility.

The post WLFI token price rises as the US Senate passes deal to end government shutdown appeared first on CoinJournal.

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Is SHIB targeting a trendline breakout rally? Check forecast

Key takeaways

  • SHIB has reclaimed the $0.000010 level as meme coins rally higher
  • The memecoin could rally to the 4-hour ILQ at $0.000011 in the near term.

SHIB trades above $0.000010 as memecoins rally

The cryptocurrency market is having a positive start to the week, with Bitcoin, Ether, and XRP all in the green. Leading memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) are regaining momentum and have recorded excellent gains over the last 24 hours. 

The rising retail interest in SHIB and other leading memecoins backs the short-term recovery, with the bulls expecting further gains. SHIB is currently the second-largest memecoin by market cap and is now trading above $0.000010 per coin.

According to CoinGlass, 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 in existing futures contracts suggests that investors are increasing their exposure to SHIB and the other leading memecoins, expecting a rally in the near to medium term. 

SHIB eyes the $0.000011 liquidity zone

The SHIB/USD 4-hour chart is bearish and efficient despite Shiba Inu performing positively over the last seven days. The technical indicators on this timeframe have switched bullish, suggesting that buyers are currently in control.

The RSI of 58 is above the neutral 50, indicating a switch to the bullish trend on the 4-hour timeframe. The MACD lines are also within the positive zone, confirming the switch to a bullish bias a few days ago.

At press time, SHIB is trading at $0.000010, which is close to the 200-period EMA on the 4-hour price chart. The rising demand could see this experience a breakout rally over the next few hours or days. 

If the bulls keep SHIB’s price above the 200-period EMA at $0.00001029, it would confirm the trendline breakout. A bullish run would allow SHIB to grab the Inducement Liquidity (ILQ) at $0.00001175 in the near term. An extended rally would bring the TLQ and resistance level of $0.00001213 into focus. However, if the market reverses, SHIB could decline and retest the 50-period EMA at $0.00000971.

Shiba Inu price by TradingView

The post Is SHIB targeting a trendline breakout rally? Check forecast appeared first on CoinJournal.

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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.