<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title><![CDATA[CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison]]></title>
	<atom:link href="https://coinjournal.net/feed/" rel="self" type="application/rss+xml" />
	<link>https://coinjournal.net/</link>
	<description><![CDATA[Keep your finger on the pulse of the fast-moving cryptocurrency sector with all the latest crypto news, analysis and reviews from CoinJournal]]></description>
	<lastBuildDate>Fri, 15 May 2026 16:00:41 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	

<image>
	<url>https://coinjournal.net/wp-content/uploads/2022/09/apple-touch-icon.png</url>
	<title><![CDATA[CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison]]></title>
	<link>https://coinjournal.net/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Ripple (XRP) tests $1.43 support amid mixed market sentiment</title>
		<link>https://coinjournal.net/news/ripple-xrp-tests-1-43-support-amid-mixed-market-sentiment/</link>
		
		<dc:creator><![CDATA[Hassan Maishera]]></dc:creator>
		<pubDate>Fri, 15 May 2026 16:00:41 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364811</guid>

					<description><![CDATA[<p>Key takeaways Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone.&#160; Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism.&#160; Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/ripple-xrp-tests-1-43-support-amid-mixed-market-sentiment/">Ripple (XRP) tests $1.43 support amid mixed market sentiment</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Key takeaways</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone.&nbsp;</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism.&nbsp;</span></li>
</ul>
<p><span style="font-weight: 400;">Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday.&nbsp;</span></p>
<p><span style="font-weight: 400;">Despite the US Senate Banking Committee advancing the Digital Asset Market Clarity Act of 2025 (Clarity Act) on Thursday, overall market sentiment remains constrained amid a cautious recovery outlook.</span></p>
<h2><strong>XRP addresses in profit tick up</strong></h2>
<p><span style="font-weight: 400;">The proportion of XRP addresses with unrealized profit rose to approximately 65% on Thursday, up from 63% the previous day, coinciding with the token&rsquo;s test of $1.50 resistance.&nbsp;</span></p>
<p><span style="font-weight: 400;">This reflects a modest increase in risk-on sentiment, though traders should remain wary of potential profit-taking in a fragile technical environment.</span></p>
<p><span style="font-weight: 400;">Institutional flows into </span><a href="https://www.coinglass.com/etf/xrp"><span style="font-weight: 400;">XRP spot ETFs</span></a><span style="font-weight: 400;"> rebounded sharply, with nearly $19 million in fresh inflows on Thursday. Cumulative ETF inflows now total $1.37 billion, while average net assets under management rose to $1.25 billion from $1.14 billion.</span></p>
<p><span style="font-weight: 400;">Retail participation in XRP derivatives also continues to grow. </span><a href="https://www.coinglass.com/currencies/XRP"><span style="font-weight: 400;">Futures Open Interest (OI)</span></a><span style="font-weight: 400;"> averaged $2.97 billion on Friday, up from $2.90 billion, signaling rising conviction among traders in XRP&rsquo;s potential to extend an upward trajectory.</span></p>
<h2>Technical outlook: consolidation within the corrective phase</h2>
<p><span style="font-weight: 400;">The XRP/USD 4-hour chart is bearish and efficient as XRP has lost lost 2.5% of its value in the last 24 hours. XRP trades at $1.43, holding a neutral to mildly constructive bias.</span></p>
<p><span style="font-weight: 400;">It is trading above the 50-day Exponential Moving Average (EMA) at $1.42 while remaining capped beneath the 100-day EMA at $1.49 and the 200-day EMA at $1.70. This configuration suggests an ongoing consolidation within a broader corrective phase.</span></p>
<p><span style="font-weight: 400;">If the bears stay in control, immediate support will emerge at the 50-day EMA around $1.42, with a rising trendline near $1.39 providing a stronger floor. A daily close below $1.39 could expose deeper losses.</span></p>
<p><span style="font-weight: 400;">However, if the bulls push harder, they would encounter initial resistance at the 100-day EMA at $1.49. A sustained break above this level would open the path toward the 200-day EMA near $1.70, where broader bearish pressure would be challenged.</span></p>
<p><img data-source="CoinJournal" fetchpriority="high" decoding="async" data-source="CoinJournal" class="alignnone size-full wp-image-364813" src="https://coinjournal.net/wp-content/uploads/2026/05/XRPUSD_2026-05-15_16-51-46.png" alt="XRP/USD 4H Chart" width="1793" height="836"></p>
<p><span style="font-weight: 400;">The momentum indicator suggests that the bears are slowly regaining control. The Relative Strength Index (RSI) is at 51, and the MACD histogram is slightly positive, indicating limited directional conviction rather than a strong impulsive move.</span></p>
<p><span style="font-weight: 400;">XRP&rsquo;s price action suggests ongoing consolidation within a corrective phase, with both buyers and sellers vying for control around critical EMA levels.</span></p>

<p>The post <a href="https://coinjournal.net/news/ripple-xrp-tests-1-43-support-amid-mixed-market-sentiment/">Ripple (XRP) tests $1.43 support amid mixed market sentiment</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/ChatGPT-Image-May-15-2026-04_52_55-PM.png" medium="image" alt="Traders observing as XRP declines towards $1.43 Copyright CoinJournal" />
	</item>
		<item>
		<title>PI faces corrective pressure as token struggles below $0.17</title>
		<link>https://coinjournal.net/news/pi-faces-corrective-pressure-as-token-struggles-below-0-17/</link>
		
		<dc:creator><![CDATA[Hassan Maishera]]></dc:creator>
		<pubDate>Fri, 15 May 2026 15:33:14 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[pi]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364807</guid>

					<description><![CDATA[<p>Key takeaways Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts. The token could drop below the $0.1600 if the bearish trend persists.&#160; Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart.&#160; The token remains capped by the 50-period Exponential [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/pi-faces-corrective-pressure-as-token-struggles-below-0-17/">PI faces corrective pressure as token struggles below $0.17</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Key takeaways</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Pi Network extends losses on Friday as a 50-period EMA caps short-term recovery attempts.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The token could drop below the $0.1600 if the bearish trend persists.&nbsp;</span></li>
</ul>
<p><span style="font-weight: 400;">Pi Network (PI) extended losses on Friday, risking a bearish breakout from its short-term consolidation on the 4-hour chart.&nbsp;</span></p>
<p><span style="font-weight: 400;">The token remains capped by the 50-period Exponential Moving Average (EMA) at $0.1733, limiting recovery despite the recent launch of vibe coding features within the Pi ecosystem.</span></p>
<h2><strong>Vibe coding features aim to boost ecosystem development</strong></h2>
<p><span style="font-weight: 400;">The Pi Network has introduced vibe coding tools for developers, enabling the conversion of AI-assisted apps&mdash;from platforms like Codex, Claude Code, Replit, Cursor, and Lovable&mdash;into Pi Apps.&nbsp;</span></p>
<p><span style="font-weight: 400;">This integration could reduce app development time and strengthen the ecosystem, which boasts over 60 million engaged users.</span></p>
<h2><span style="font-weight: 400;"><strong>Technical outlook: correction pressure persists</strong></span></h2>
<p><span style="font-weight: 400;">The PI/USD 4-hour chart remains bearish and efficient as PI is down by more than 2% in the last 24 hours.&nbsp;</span></p>
<p><span style="font-weight: 400;">PI is currently under a corrective bias, capped by the 50-period EMA at $0.1733 on the 4-hour chart and the 200-period EMA at $0.1771.&nbsp;</span></p>
<p><span style="font-weight: 400;">The pair also sits below a nearby downtrend resistance line around $0.1741, reinforcing the upside barrier.</span></p>
<p><span style="font-weight: 400;">If the bulls regain control, initial resistance would be seen at the 50-period EMA at $0.1733 and the 200-period EMA at $0.1771 cap short-term upside. A nearby downtrend resistance line around $0.1741 adds to the barrier.</span></p>
<p><span style="font-weight: 400;">The momentum indicators also suggest that the bears are still in control.&nbsp; The Relative Strength Index (RSI) sits at 45, below the midline, signaling persistent selling pressure.&nbsp;</span></p>
<p><span style="font-weight: 400;">The MACD remains near-flat, suggesting weak, consolidative momentum rather than a decisive rebound.</span></p>
<h2><span style="font-weight: 400;"><img data-source="CoinJournal" decoding="async" data-source="CoinJournal" class="alignnone size-full wp-image-364809" src="https://coinjournal.net/wp-content/uploads/2026/05/PIUSD_2026-05-15_16-23-27.png" alt="PI/USD 4H Chart" width="1793" height="836"></span></h2>
<p><span style="font-weight: 400;">However, if the bearish trend persists, immediate support would emerge at the S1 Pivot Point at $0.1645.</span></p>
<p><span style="font-weight: 400;">Pi Network&rsquo;s short-term outlook remains cautious, and traders should monitor both EMA and trendline levels for signs of a breakout or deeper correction.</span></p>

<p>The post <a href="https://coinjournal.net/news/pi-faces-corrective-pressure-as-token-struggles-below-0-17/">PI faces corrective pressure as token struggles below $0.17</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/ChatGPT-Image-May-15-2026-04_30_02-PM.png" medium="image" alt="PI drops below the $0.1700 level. Copyright CoinJournal" />
	</item>
		<item>
		<title>Sui (SUI) extends losses amid weak retail demand</title>
		<link>https://coinjournal.net/news/sui-sui-extends-losses-amid-weak-retail-demand/</link>
		
		<dc:creator><![CDATA[Hassan Maishera]]></dc:creator>
		<pubDate>Fri, 15 May 2026 15:22:05 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[SUI]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364803</guid>

					<description><![CDATA[<p>Key takeaways Sui is down 10% on Friday, extending its decline for the fifth consecutive day. The technical outlook for SUI is bearish, with a risk of a steeper decline toward $1.00. Sui (SUI) is down roughly 10% on Friday, continuing a five-day decline this week as retail interest in the token wanes.&#160; The broader [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/sui-sui-extends-losses-amid-weak-retail-demand/">Sui (SUI) extends losses amid weak retail demand</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Key takeaways</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Sui is down 10% on Friday, extending its decline for the fifth consecutive day.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The technical outlook for SUI is bearish, with a risk of a steeper decline toward $1.00.</span></li>
</ul>
<p><span style="font-weight: 400;">Sui (SUI) is down roughly 10% on Friday, continuing a five-day decline this week as retail interest in the token wanes.&nbsp;</span></p>
<p><span style="font-weight: 400;">The broader market is shifting focus away from underperforming layer-1 assets, and technical indicators suggest a potential double-digit drop toward $1.00.</span></p>
<h2>Weakness in derivatives signals sell-side dominance</h2>
<p><span style="font-weight: 400;">SUI is also losing traction in the derivatives market. According to </span><a href="https://www.coinglass.com/currencies/SUI"><span style="font-weight: 400;">CoinGlass</span></a><span style="font-weight: 400;">, SUI futures Open Interest (OI) fell 10.5% over the past 24 hours to $727.97 million, reflecting a reduced notional value of outstanding contracts.&nbsp;</span></p>
<p><span style="font-weight: 400;">In the same period, $7.2 million in positions were liquidated, with $7. million coming from long positions&mdash;indicating strong sell-side pressure.</span></p>
<h2>Technical outlook: Will SUI drop below $1?</h2>
<p><span style="font-weight: 400;">The SUI/USD 4H chart is bearish and efficient as Sui is down by 10% in the last 24 hours. At press time, SUI is trading below the 50-period Exponential Moving Average (EMA) at $1.1558 and the lower Bollinger Band at $1.1442, showing short-term bearish bias.&nbsp;</span></p>
<p><span style="font-weight: 400;">The token remains above the 200-period EMA at $1.0270, suggesting that the broader recovery structure is still intact despite waning momentum.</span></p>
<p><span style="font-weight: 400;">Momentum indicators indicate that the bears are still in play. The Relative Strength Index (RSI) has slipped to 46, below the midline, while the MACD histogram remains in negative territory, implying that rebounds may face persistent selling pressure.</span></p>
<p><span style="font-weight: 400;">If the bearish trend persists, the bulls would encounter the first support at the 200-day EMA at $1.0270 and the 78.6% Fibonacci retracement at $0.9972.</span></p>
<p><span style="font-weight: 400;">A daily close below this level could see SUI approach the prior cycle low near $0.8815.</span></p>
<p><img data-source="CoinJournal" decoding="async" data-source="CoinJournal" class="alignnone size-full wp-image-364805" src="https://coinjournal.net/wp-content/uploads/2026/05/SUIUSD_2026-05-15_16-13-17.png" alt="SUI/USD 4H Chart" width="1793" height="836"></p>
<p><span style="font-weight: 400;">However, if the bulls regain control, SUI could rally towards the first resistance level at $1.2171. An extended rally could see SUI hit the upper Bollinger Band near $1.2900, and the 23.6% Fibonacci retracement at $1.2947.</span></p>
<p><span style="font-weight: 400;">SUI&rsquo;s technical structure shows deteriorating momentum, and traders should monitor both spot and derivatives markets for signs of further downside or potential relief rallies.</span></p>

<p>The post <a href="https://coinjournal.net/news/sui-sui-extends-losses-amid-weak-retail-demand/">Sui (SUI) extends losses amid weak retail demand</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/ChatGPT-Image-May-15-2026-04_14_18-PM.png" medium="image" alt="A trader analyzing a bearish Sui chart Copyright CoinJournal" />
	</item>
		<item>
		<title>Zcash price dips after surge, but bullish momentum remains intact</title>
		<link>https://coinjournal.net/news/zcash-price-dips-after-surge-but-bullish-momentum-remains-intact/</link>
		
		<dc:creator><![CDATA[Benson Toti]]></dc:creator>
		<pubDate>Fri, 15 May 2026 12:30:51 +0000</pubDate>
				<category><![CDATA[Markets]]></category>
		<category><![CDATA[Zcash News]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364793</guid>

					<description><![CDATA[<p>Zcash price fell to intraday lows of $532 after surging above $570. Over $5.1 million in Zcash futures positions were liquidated in the last 24 hours. Bullish case remains if buyers hold $500, but a breakdown could push ZEC toward $370. Zcash (ZEC) fell back below the $550 level on Friday morning, trading near $530 [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/zcash-price-dips-after-surge-but-bullish-momentum-remains-intact/">Zcash price dips after surge, but bullish momentum remains intact</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li>Zcash price fell to intraday lows of $532 after surging above $570.</li>
<li>Over $5.1 million in Zcash futures positions were liquidated in the last 24 hours.</li>
<li>Bullish case remains if buyers hold $500, but a breakdown could push ZEC toward $370.</li>
</ul>
<p>Zcash (ZEC) fell back below the $550 level on Friday morning, trading near $530 as profit-taking emerged across the broader cryptocurrency market.</p>
<p>The pullback has coincided with elevated activity in derivatives markets, which analysts say suggests traders are still adjusting leverage and positioning following the token&rsquo;s recent rally.</p>
<h2>Zcash price drops below $550</h2>
<p>Market data shows Zcash (ZEC) has declined over the past 24 hours, falling to intraday lows near $532.</p>
<p>The pullback follows a strong rally that pushed the token above $570 on Thursday, May 14.</p>
<p>The earlier gains came after The Wall Street Journal published an article comparing Bitcoin and Zcash, a development that Grayscale said &ldquo;feels like one of those moments&rdquo; that often precedes a surge in broader investor interest.</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">For <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>, many early adopters trace their conviction to a single <a href="https://twitter.com/WIRED?ref_src=twsrc%5Etfw">@WIRED</a> piece in Nov 2011.</p>
<p>Today's WSJ article on <a href="https://twitter.com/Zcash?ref_src=twsrc%5Etfw">@Zcash</a> <a href="https://twitter.com/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZEC</a> feels like one of those moments.</p>
<p>Grayscale Zcash Trust (Ticker: <a href="https://twitter.com/search?q=%24ZCSH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZCSH</a>) is the only pure-play and publicly traded <a href="https://twitter.com/Zcash?ref_src=twsrc%5Etfw">@Zcash</a> <a href="https://twitter.com/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ZEC</a> fund in the world. </p>
<p>Read&hellip;</p>
<p>&mdash; Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/2054946717272056231?ref_src=twsrc%5Etfw">May 14, 2026</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>While daily volume profiles show a modest decline, spot trading volume for Zcash (ZEC) remained near $256 million, while futures volume exceeded $2.7 billion.</p>
<p>The figures suggest speculative activity remains elevated. Data from CoinGlass shows that more than $5.1 million in Zcash futures positions were liquidated over the past 24 hours.</p>
<p>Despite the liquidations, open interest stands at about $978 million, although this is significantly lower than the $1.52 billion recorded on May 9.</p>
<p>Analysts say the decline points to traders continuing to reassess leverage and overall risk exposure.</p>
<h2>&#8203;Zcash price forecast</h2>
<p>&#8203;Price action over recent weeks saw ZEC climb to a high of $642, extending Zcash&rsquo;s dramatic recovery from lows of $317 reached on April 29.</p>
<p>That relief rally followed deeper losses earlier in the year, when the privacy-focused token tested support near $185 as the crypto market sell-off intensified on Feb 5.</p>
<p>Thursday&rsquo;s intraday dynamics illustrated the token&rsquo;s sensitivity to momentum: a nearly 10% surge above $570 was later pared by a 4% decline from those intraday highs, culminating in the pullback under $550.</p>
<figure id="attachment_364795" aria-describedby="caption-attachment-364795" class="wp-caption alignnone"><img data-source="CoinJournal" loading="lazy" decoding="async" data-source="CoinJournal" class="size-full wp-image-364795" src="https://coinjournal.net/wp-content/uploads/2026/05/zcash-zec-price-chart.png" alt="Zcash ZEC Price Chart" width="1057" height="613"><figcaption id="caption-attachment-364795" class="wp-caption-text"><a href="https://www.tradingview.com/symbols/ZECUSD/" target="_blank" rel="noopener">Zcash price chart</a> by TradingView</figcaption></figure>
<p>Despite the short-term pullback, the technical and fundamental picture remains bullish.</p>
<p>The recovery from April&rsquo;s low and the subsequent climb toward the $640 area suggest investor interest in privacy coins.</p>
<p>Zcash&rsquo;s <a href="https://coinjournal.net/news/zcash-plans-quantum-resistant-upgrade-as-crypto-braces-for-future-risks/">recent progress</a> on Quantum Recoverability is contributing to renewed attention.</p>
<p>If bulls defend the $500 level and broader market momentum persists, ZEC has a plausible path to revisit previous resistance above $700. Buyers may look to accumulate on dips.</p>
<p>&#8203;However, failure to hold $500 could expose ZEC to a deeper correction.</p>
<p>A break below that pivot would likely open targets near $450, with a further decline toward $370 possible.</p>
<p>The sizable reduction in open interest from early May reduces the immediacy of a leveraged squeeze higher. But this leaves room for renewed volatility should traders re-enter with elevated positions.</p>

<p>The post <a href="https://coinjournal.net/news/zcash-price-dips-after-surge-but-bullish-momentum-remains-intact/">Zcash price dips after surge, but bullish momentum remains intact</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/Zcash-planning-to-roll-out-quantum-recoverable-wallets.png" medium="image" alt="Zcash ZEC Coin Copyright CoinJournal" />
	</item>
		<item>
		<title>XDC Network price outlook: Can bulls go higher as $0.037 breaks?</title>
		<link>https://coinjournal.net/news/xdc-network-price-outlook-can-bulls-go-higher-as-0-037-breaks/</link>
		
		<dc:creator><![CDATA[Benson Toti]]></dc:creator>
		<pubDate>Fri, 15 May 2026 10:43:49 +0000</pubDate>
				<category><![CDATA[Markets]]></category>
		<category><![CDATA[Altcoin News]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364778</guid>

					<description><![CDATA[<p>XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March. Catalysts include potential DTCC integration and Bitcoin rally. The technical picture highlights resistance at $0.040. XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the token&#8217;s value to its highest level [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/xdc-network-price-outlook-can-bulls-go-higher-as-0-037-breaks/">XDC Network price outlook: Can bulls go higher as $0.037 breaks?</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li>XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March.</li>
<li>Catalysts include potential DTCC integration and Bitcoin rally.</li>
<li>The technical picture highlights resistance at $0.040.</li>
</ul>
<p>XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the token&rsquo;s value to its highest level since early March.</p>
<p>XDC now hovers near the key resistance line formed since late January 2026, but can it go higher?</p>
<h2>XDC edges higher as market sentiment improves</h2>
<p>As noted, XDC rallied sharply on May 15, rising more than 10% intraday as buyers re-entered the market.</p>
<p>The move lifted the token to levels not seen since early March, placing it directly beneath a horizontal supply zone near $0.040.</p>
<p>Trading volumes rose alongside the advance, signalling conviction among participants who are testing whether the late-January resistance can be turned into support.</p>
<p>But why did the XDC Network price surge in the past 24 hours?</p>
<p>The XDC rally coincides with broader strength in the crypto market, led by Bitcoin&rsquo;s reclaiming of the $80,000 mark.</p>
<p>That recovery prompted many altcoins to retrace losses they incurred during a macro-driven sell-off this week, creating a risk-on backdrop that supported XDC.</p>
<p>Beyond market-wide tailwinds, several project-specific catalysts likely have recently helped to amplify demand.</p>
<p>This includes the potential adoption as a key digital asset of the&nbsp;Depository Trust &amp; Clearing Corporation.</p>
<p>DTCC, debuting trading in July ahead of full-scale launch in October 2026, has ignited interest in XDC alongside XRP, Chainlink, Quant, and Hedera (HBAR).</p>
<p>While XRP gains momentum as the top token for institutional post-trade settlement, XDC looks to stand out as the primary rail for tokenized bills of lading and letters of credit. XDC&rsquo;s Contour acquisition, completed in 2025, cements this outlook.</p>
<h2>XDC Network price forecast</h2>
<p>The latest gains have pushed XDC price further from a descending wedge pattern that had compressed price action since late January.</p>
<p>Bulls are now confronting a horizontal supply zone around $0.040, which also aligns with the 200-day exponential moving average (EMA).</p>
<figure id="attachment_364781" aria-describedby="caption-attachment-364781" class="wp-caption alignnone"><img data-source="CoinJournal" loading="lazy" decoding="async" data-source="CoinJournal" class="size-full wp-image-364781" src="https://coinjournal.net/wp-content/uploads/2026/05/xdc-price-chart.png" alt="XDC Network Price Chart" width="1057" height="613"><figcaption id="caption-attachment-364781" class="wp-caption-text"><a href="https://www.tradingview.com/symbols/XDCUSDT/" target="_blank" rel="noopener">XDC Network price chart</a> by TradingView</figcaption></figure>
<p>A decisive break and daily close above this level would likely confirm bullish momentum and could open up fresh bids around the $0.046-$0.052 supply zone.</p>
<p>The area marks the range that corresponds to prior congestion and could be the next resistance cluster.</p>
<p>However, bulls must first hold the recently breached $0.037 level. Failure to do so would raise the probability of a pullback to the 100-day EMA near $0.033.</p>
<p>On heavier selling, February&rsquo;s lows near $0.029 become a plausible target for short-term sellers seeking to reassert control.</p>

<p>The post <a href="https://coinjournal.net/news/xdc-network-price-outlook-can-bulls-go-higher-as-0-037-breaks/">XDC Network price outlook: Can bulls go higher as $0.037 breaks?</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2025/07/image-37.png" medium="image" alt="XDC Network Price Surges Copyright CoinJournal" />
	</item>
		<item>
		<title>XRP nears $1.50 as Senate crypto vote and whale buying fuel fresh optimism</title>
		<link>https://coinjournal.net/news/xrp-nears-1-50-as-senate-crypto-vote-and-whale-buying-fuel-fresh-optimism/</link>
		
		<dc:creator><![CDATA[Benson Toti]]></dc:creator>
		<pubDate>Fri, 15 May 2026 08:33:22 +0000</pubDate>
				<category><![CDATA[Markets]]></category>
		<category><![CDATA[XRP]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364769</guid>

					<description><![CDATA[<p>XRP surged to intraday highs near $1.55 on renewed optimism. Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote. XRP price could target a breakout as the market cheers the regulatory milestone. XRP price rose to near $1.55 on Friday as the cryptocurrency market cheered the Senate Banking Committee&#8217;s passage [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/xrp-nears-1-50-as-senate-crypto-vote-and-whale-buying-fuel-fresh-optimism/">XRP nears $1.50 as Senate crypto vote and whale buying fuel fresh optimism</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li><span style="font-weight: 400;">XRP surged to intraday highs near $1.55 on renewed optimism.</span></li>
<li><span style="font-weight: 400;">Senate Banking Committee approved the Digital Asset Market Clarity Act in a 15-9 vote.</span></li>
<li><span style="font-weight: 400;">XRP price could target a breakout as the market cheers the regulatory milestone.</span></li>
</ul>
<p>XRP price rose to near $1.55 on Friday as the cryptocurrency market cheered the Senate Banking Committee&rsquo;s passage of the Digital Asset Market Clarity Act.</p>
<p>Other crypto assets also notched gains, with Hyperlquid, Flare, and XDC Network leading the top 100 coins by market cap.</p>
<p>Bitcoin also reclaimed the $80,000 level, with intraday highs coming as major altcoins held key levels.</p>
<h2>CLARITY Act approval buoys crypto</h2>
<p>The US Senate Banking Committee approved the bipartisan Digital Asset Market Clarity Act in a 15-9 vote, marking a significant step toward comprehensive crypto market structure legislation.</p>
<p>The measure will now move to a procedural merger with a similar bill in the Senate Agriculture Committee, advancing the legislative pathway for federal regulation of digital assets.</p>
<p>Senate Banking Committee Chairman Tim Scott engineered a last-minute maneuver to accept amendments he had previously rejected, winning over two Democratic senators after several hours of partisan debate.</p>
<p>While the legislation addresses a range of market structure issues, lawmakers and stakeholders acknowledged outstanding questions.</p>
<p>These include provisions related to law enforcement access and ethics safeguards.</p>
<p>Market participants nonetheless received the vote as a positive signal, interpreting it as the first major bipartisan movement on crypto market structure in months and a reduction of regulatory uncertainty ahead of a full Senate consideration.</p>
<h2>Why could XRP price explode?</h2>
<p>Ripple&rsquo;s token XRP has struggled to climb above $1.50 in recent weeks, but tested the level late Thursday with an intraday surge to near $1.55.</p>
<p>While this aligned with broader market gains, the uptick largely reflected exuberance from the &ldquo;XRP Army&rdquo;, which views the regulatory tailwind as a major boost to the cryptocurrency.</p>
<p>The cryptocurrency traded around $1.47 early Friday.</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">&#128680; JUST IN: The CLARITY Act has officially cleared the U.S. Senate Banking Committee, pushing ripple:native one step deeper into the U.S. federal regulatory process. &#127482;&#127480;</p>
<p>For ripple:native, what happens next:</p>
<p>1. The CLARITY Act now moves beyond the Senate Banking Committee and&hellip; <a href="https://t.co/VXiaHuH47o">https://t.co/VXiaHuH47o</a> <a href="https://t.co/r8HgVcSCBs">pic.twitter.com/r8HgVcSCBs</a></p>
<p>&mdash; RippleXity (@RippleXity) <a href="https://twitter.com/RippleXity/status/2054972724255334875?ref_src=twsrc%5Etfw">May 14, 2026</a></p></blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p data-start="43" data-end="235">XRP&rsquo;s retest of the $1.50 level comes amid signs of renewed whale accumulation, with on-chain data showing growth in large-wallet holdings and rising concentration among long-term holders.</p>
<p>On-chain data indicates that this cohort holds a combined 45.83 billion XRP tokens, the biggest haul since May 2018.</p>
<p>A more definitive market-structure framework could ease compliance burdens and encourage fresh adoption of Ripple&rsquo;s payment solutions, a dynamic that might translate into accelerated demand for XRP.</p>
<p>Risk remains though, with the path to the final vote including further legislative negotiations and potential amendments that might delay enactment into law.</p>
<p>Changes could also dilute near-term benefits for market participants. Nevertheless, analysts view the regulatory backdrop as one that could support sharper price moves.</p>
<p>The token&rsquo;s price was roughly 5% up in the past week, but it has witnessed a 20% drawdown year-to-date and hovers 61% from its all-time peak.</p>

<p>The post <a href="https://coinjournal.net/news/xrp-nears-1-50-as-senate-crypto-vote-and-whale-buying-fuel-fresh-optimism/">XRP nears $1.50 as Senate crypto vote and whale buying fuel fresh optimism</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2025/05/image-3.png" medium="image" alt="XRP climbed to near $1.55 after the Senate Banking Committee approved the bipartisan Clarity Act, boosting crypto markets Copyright CoinJournal" />
	</item>
		<item>
		<title>Hedera price forecast: HBAR risks 20% dive amid fresh selling</title>
		<link>https://coinjournal.net/news/hedera-price-forecast-hbar-risks-20-dive-amid-fresh-selling/</link>
		
		<dc:creator><![CDATA[Benson Toti]]></dc:creator>
		<pubDate>Thu, 14 May 2026 13:54:16 +0000</pubDate>
				<category><![CDATA[Markets]]></category>
		<category><![CDATA[Hedera]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364760</guid>

					<description><![CDATA[<p>Fresh selling risks sending HBAR price down 20% to $0.070 support. HBAR could mirror Bitcoin&#8217;s path before a rebound. Technical indicators are mixed, pointing at a bounce to $0.12-$0.15. Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market. The price has slipped nearly 1% over the past 24 hours to [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/hedera-price-forecast-hbar-risks-20-dive-amid-fresh-selling/">Hedera price forecast: HBAR risks 20% dive amid fresh selling</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li><span style="font-weight: 400;">Fresh selling risks sending HBAR price down 20% to $0.070 support.</span></li>
<li><span style="font-weight: 400;">HBAR could mirror Bitcoin&rsquo;s path before a rebound.</span></li>
<li><span style="font-weight: 400;">Technical indicators are mixed, pointing at a bounce to $0.12-$0.15.</span></li>
</ul>
<p>Hedera (HBAR) price faces new downside pressure as selling intensifies across the cryptocurrency market.</p>
<p>The price has slipped nearly 1% over the past 24 hours to trade around $0.092, with daily trading volume dropping 13%.</p>
<p>This decline below the psychological $0.10 mark pushes HBAR further from last week&rsquo;s highs, even as altcoins mirror a broader risk asset downturn.</p>
<p>As such, and despite growing enterprise adoption and network usage, short-term price action suggests further downside risks ahead.</p>
<h2>Could Hedera price fall another 20%?</h2>
<p>Cryptocurrencies are positioning for a potential sustained uptick, but macroeconomic headwinds and geopolitical tensions could trigger deeper corrections before any rebound materializes.</p>
<p>HBAR appears poised to echo Bitcoin&rsquo;s recent trajectory, where a retest of critical support levels often precedes recovery.</p>
<p>Analysts warn of a possible 20% slip from current levels, targeting the $0.072 zone.</p>
<p>This is a familiar floor where prices have bounced robustly in prior retests.</p>
<p>Notably, the bearish scenario for HBAR stems from renewed selling pressure amid global uncertainties.</p>
<p>Elevated US inflation readings have triggered fresh jitters among traders, with BTC slipping from recent highs.</p>
<p>On-chain data reveals increased transfers to exchanges, signaling profit-taking by short-term holders.</p>
<p>If selling persists, HBAR could test $0.075-$0.070 support, which could represent a 20% drop from current levels near $0.092.</p>
<h2>HBAR price technical outlook</h2>
<p>Hedera&rsquo;s short-term chart structure leans bearish, with HBAR testing the 50-day exponential moving average (EMA).</p>
<p>Prices have formed lower highs since the recent rejection at the $0.11 peak.</p>
<figure id="attachment_364762" aria-describedby="caption-attachment-364762" class="wp-caption alignnone"><img data-source="CoinJournal" loading="lazy" decoding="async" data-source="CoinJournal" class="size-full wp-image-364762" src="https://coinjournal.net/wp-content/uploads/2026/05/hedera-hbar-chart.png" alt="Hedera HBAR Price Chart" width="1057" height="557"><figcaption id="caption-attachment-364762" class="wp-caption-text"><a href="https://www.tradingview.com/symbols/HBARUSD/" target="_blank" rel="noopener">Hedera HBAR price chart</a> by TradingView</figcaption></figure>
<p>Meanwhile, the relative strength index (RSI) hovers near 50 on the daily timeframe, but is sloping to indicate potential drop towards oversold conditions.</p>
<p>If the bullish divergence fails to hold for an immediate reversal, weak conviction among buyers could send HBAR towards $0.075-$0.070.</p>
<p>The drop could mark about 20% in further declines for the altcoin.</p>
<p>However, the broader technical setup points to accumulation rather than an outright slip into a bearish breakdown.</p>
<p>HBAR holding above the $0.090 level could strengthen this outlook.</p>
<p>In that case, upside targets would emerge, initially at $0.12, then $0.15.</p>
<p>Hedera&rsquo;s resilience amid a potential Bitcoin rally could aid this upward move.</p>
<p>A boost from crypto fund demand will help the token&rsquo;s price.</p>
<p>Net inflows into Canary&rsquo;s spot Hedera ETF have increased, with the product seeing just one trading day of net outflows since its debut in October 2025.</p>

<p>The post <a href="https://coinjournal.net/news/hedera-price-forecast-hbar-risks-20-dive-amid-fresh-selling/">Hedera price forecast: HBAR risks 20% dive amid fresh selling</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2025/08/shutterstock_2196968273.jpg" medium="image" alt="HBAR token Copyright CoinJournal" />
	</item>
		<item>
		<title>Quant (QNT) extends gains toward $80, testing breakout resistance</title>
		<link>https://coinjournal.net/news/quant-qnt-extends-gains-toward-80-testing-breakout-resistance/</link>
		
		<dc:creator><![CDATA[Hassan Maishera]]></dc:creator>
		<pubDate>Thu, 14 May 2026 11:36:17 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[quant]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364755</guid>

					<description><![CDATA[<p>Key takeaways Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand.&#160; A breakout above the $80 resistance could set the stage for a potential rise toward $100.&#160; Quant (QNT) has extended its recent gains towards the $80 mark on Thursday, testing the potential breakout from a long-standing resistance trendline.&#160; The [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/quant-qnt-extends-gains-toward-80-testing-breakout-resistance/">Quant (QNT) extends gains toward $80, testing breakout resistance</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Key takeaways</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand.&nbsp;</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A breakout above the $80 resistance could set the stage for a potential rise toward $100.&nbsp;</span></li>
</ul>
<p><span style="font-weight: 400;">Quant (QNT) has extended its recent gains towards the $80 mark on Thursday, testing the potential breakout from a long-standing resistance trendline.&nbsp;</span></p>
<p><span style="font-weight: 400;">The cryptocurrency&rsquo;s bullish technical outlook is supported by rising leverage-based activity from large wallet investors, or whales, with a daily close above $80 paving the way for a possible rally toward the $100 target.</span></p>
<h2>Whale and retail demand fuel Quant&rsquo;s steady recovery</h2>
<p><span style="font-weight: 400;">Quant&rsquo;s steady short-term recovery is being driven by growing demand from both retail and large-wallet investors.&nbsp;</span></p>
<p><span style="font-weight: 400;">CryptoQuant data reveals an increase in the average order size of executed orders in the leverage market, indicating heightened whale activity. Additionally, the 90-day cumulative volume difference between buy and sell orders reflects a clear buy dominance, further supporting bullish sentiment.</span></p>
<p><a href="https://www.coinglass.com/currencies/QNT"><span style="font-weight: 400;">CoinGlass data</span></a><span style="font-weight: 400;"> shows that QNT futures Open Interest (OI) has surged to $17.61 million, up significantly from $16.96 million on May 1.&nbsp;</span></p>
<p><span style="font-weight: 400;">This steady recovery in QNT futures is now approaching the peak of $38.27 million reached on September 21, indicating continued investor interest and positive market sentiment.</span></p>
<h2>Technical outlook: Will Quant reach $100?</h2>
<p><span style="font-weight: 400;">The QNT/USD 4-hour chart is bullish as Quant is up by 7% in the last 24 hours. It is currently trading at $78, above the 200-day Exponential Moving Average (EMA) near $77.52.&nbsp;</span></p>
<p><span style="font-weight: 400;">The Moving Average Convergence Divergence (MACD) histogram is positive, with the MACD line crossing above its signal and both moving above zero, signaling strong bullish momentum.&nbsp;</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) hovers around 64, indicating firm bullish momentum, though edging closer to overbought territory as price approaches higher resistance levels.</span></p>
<p><span style="font-weight: 400;">If the rally continues, a decisive close above the descending trendline break level near $77.89 would confirm a breakout from the triangle pattern on the daily chart.&nbsp;</span></p>
<p><span style="font-weight: 400;">Such a breakout could pave the way for a rally toward the $88.30 swing high, followed by the 127.2% Fibonacci extension level at $101.14.</span></p>
<p><img data-source="CoinJournal" loading="lazy" decoding="async" data-source="CoinJournal" class="alignnone size-full wp-image-364757" src="https://coinjournal.net/wp-content/uploads/2026/05/QNTUSD_2026-05-14_12-26-27.png" alt="QNT/USD 4H Chart" width="1793" height="836"></p>
<p><span style="font-weight: 400;">However, if the bears regain control of the market, they would encounter initial support at the 50-day EMA near $72.03.&nbsp;</span></p>
<p><span style="font-weight: 400;">A deeper pullback would target the 50% retracement level around $68.79, with further support found at the former rising trendline region near $67.86 and the 38.2% retracement near $66.86.</span></p>

<p>The post <a href="https://coinjournal.net/news/quant-qnt-extends-gains-toward-80-testing-breakout-resistance/">Quant (QNT) extends gains toward $80, testing breakout resistance</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/ChatGPT-Image-May-14-2026-12_31_26-PM.png" medium="image" alt="QNT is bullish despite bearish market conditions Copyright CoinJournal" />
	</item>
		<item>
		<title>Bitcoin struggles below $80,000 amid institutional withdrawal</title>
		<link>https://coinjournal.net/news/bitcoin-struggles-below-80000-amid-institutional-withdrawal/</link>
		
		<dc:creator><![CDATA[Hassan Maishera]]></dc:creator>
		<pubDate>Thu, 14 May 2026 11:19:39 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Bitcoin Price]]></category>
		<guid isPermaLink="false">https://coinjournal.net/?p=364751</guid>

					<description><![CDATA[<p>Key takeaways Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone. US-listed spot ETFs recorded an outflow of $635 million on Wednesday. Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week.&#160; The pullback is attributed to fading institutional demand, [&#8230;]</p>
<p>The post <a href="https://coinjournal.net/news/bitcoin-struggles-below-80000-amid-institutional-withdrawal/">Bitcoin struggles below $80,000 amid institutional withdrawal</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Key takeaways</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bitcoin has dipped below $80,000 after being rejected by the key 200-day EMA supply zone.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">US-listed spot ETFs recorded an outflow of $635 million on Wednesday.</span></li>
</ul>
<p><span style="font-weight: 400;">Bitcoin (BTC) fell below $80,000 on Thursday after failing to overcome a key overhead supply area earlier this week.&nbsp;</span></p>
<p><span style="font-weight: 400;">The pullback is attributed to fading institutional demand, with spot Exchange Traded Funds (ETFs) experiencing significant outflows, as well as a surge in traders&rsquo; profit-taking activity, increasing selling pressure on the leading cryptocurrency.</span></p>
<h2>Highest single-day ETF outflow in three months signals weakening institutional demand</h2>
<p><span style="font-weight: 400;">Institutional demand for Bitcoin has weakened, with spot ETFs recording a massive outflow of $635.23 million on Wednesday, the highest single-day withdrawal since the end of January.&nbsp;</span></p>
<p><span style="font-weight: 400;">According to </span><a href="https://www.coinglass.com/etf/bitcoin"><span style="font-weight: 400;">CoinGlass</span></a><span style="font-weight: 400;"> data, this marks the second consecutive day of withdrawals this week. If outflows persist or intensify, Bitcoin&rsquo;s price correction could continue, further amplifying the bearish pressure.</span></p>
<p><span style="font-weight: 400;">Profit-taking among Bitcoin holders has surged, further adding to the selling pressure. CryptoQuant&rsquo;s weekly report highlights that 14,600 BTC were realized in daily profits on May 4, the highest figure since December 10.&nbsp;</span></p>
<p><span style="font-weight: 400;">The 37% rally from the April lows has brought Bitcoin holders back into profitable territory, triggering a wave of selling. This kind of behavior typically precedes further price declines, as traders capitalize on their gains.</span></p>
<h2>Bitcoin price forecast: BTC could dip below $79,000</h2>
<p><span style="font-weight: 400;">Bitcoin is trading at $79,458 on Thursday, having faced rejection from the overhead supply zone.&nbsp;</span></p>
<p><span style="font-weight: 400;">The cryptocurrency has corrected for three consecutive days this week but is still holding above the 50-day and 100-day Exponential Moving Averages (EMAs), which are clustered just under $76,800.&nbsp;</span></p>
<p><span style="font-weight: 400;">Despite this, Bitcoin remains capped below the 200-day EMA at $81,986 and the key 61.8% Fibonacci retracement at $83,437.</span></p>
<p><span style="font-weight: 400;">While the broader uptrend remains intact, the technical outlook suggests a cautious approach. The Relative Strength Index (RSI) hovers in the mid-50s, indicating a mild bullish bias, but the Moving Average Convergence Divergence (MACD) line is still in negative territory, hinting at tentative upside momentum.</span></p>
<p><span style="font-weight: 400;">If the bearish trend persists, immediate support is found at the 50% Fibonacci retracement level around $78,962, followed by the 100-day EMA at $76,756 and the 50-day EMA at $76,479.&nbsp;</span></p>
<p><span style="font-weight: 400;">If selling accelerates, further support lies at the 38.2% Fibonacci retracement near $74,487 and the broken upward trendline around $70,171.</span></p>
<p><img data-source="CoinJournal" loading="lazy" decoding="async" data-source="CoinJournal" class="alignnone size-full wp-image-364753" src="https://coinjournal.net/wp-content/uploads/2026/05/BTCUSD_2026-05-14_12-04-38.png" alt="BTC/USD 4H Chart" width="1793" height="836"></p>
<p><span style="font-weight: 400;">On the upside, bulls need to clear the 200-day EMA at $81,986 to ease immediate pressure. Resistance then emerges at the 61.8% Fibonacci retracement at $83,437 and the horizontal barrier near $84,410.&nbsp;</span></p>
<p><span style="font-weight: 400;">A daily close above this level would strengthen the case for a renewed push toward the January highs of $97,924.</span></p>

<p>The post <a href="https://coinjournal.net/news/bitcoin-struggles-below-80000-amid-institutional-withdrawal/">Bitcoin struggles below $80,000 amid institutional withdrawal</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.</p>
]]></content:encoded>
					
		
		
			<media:content url="https://coinjournal.net/wp-content/uploads/2026/05/ChatGPT-Image-May-14-2026-12_06_34-PM.png" medium="image" alt="BTC dips below $80k. Copyright CoinJournal" />
	</item>
	</channel>
</rss>
