The post Canton breaks below $0.14: Breakdown or buying opportunity? appeared on BitcoinEthereumNews.com.
Layer 1 blockchain Canton [CC] saw modest gains of just over 4% in the past 24 hours. The daily trading volume was up by a modest 3.7%, and the Open Interest has risen by 1%. This was subdued trading activity for the token, which seemed to point toward a lack of short-term bullish faith. An important development was underway, one that swing traders and investors should be keeping an eye on. The long-term Canton price action finally sees a meaningful shift The Canton price action in 2026 has not been flashy for most of 2026. Since the final week of January, the $0.140 support zone has been respected, until recently. Source: CC/USDT on TradingView Earlier this week, the altcoin’s price spiked briefly up to the $0.145 area. This move only served as a liquidity sweep, and the price slumped back below the $0.140 support zone that has been defended since February. The technical indicator
The post Velvet Price Prediction: Velvet Price Jumps 30% as Bulls Eye $0.54 Breakout appeared on BitcoinEthereumNews.com.
VELVET rebounds 30%, but must reclaim nearby resistance to confirm recovery strength. Open interest reset suggests leverage cooled, reducing speculative market pressure. Exchange flows remain balanced as buyers defend support and await stronger demand. Velvet (VELVET) attracted renewed buying interest after posting a strong daily gain, although the token still trades well below its recent peak. The latest recovery suggests buyers have started defending an important support zone after weeks of heavy selling. Even so, technical indicators continue to show that the broader market remains cautious. Traders now face an important test, as VELVET must reclaim nearby resistance levels before confidence fully returns. Buyers Defend Support While Resistance Remains Firm VELVET currently changes hands near $0.51 after climbing more than 30% over the past day. The token also
The post DeXe hits new ATH, targets $40 – THESE 2 indicators back bulls appeared on BitcoinEthereumNews.com.
DeXe [DEXE] extended its rally, defended the $30 level, and surged to a new all-time high of $35.5. At press time, DEXE traded around $34 after rising 17.9% over the past day. Trading Volume jumped 161% to $128 million, while Market Cap climbed 16%, reflecting strong market participation. So, why did DEXE rally? DeXe emerged as one of the best-performing tokens in 2026. In fact, the altcoin has gained 962% year-to-date. The rally came as traders sought exposure to decentralized governance and AI-linked infrastructure. That trend kept demand elevated. Over the past week, DEXE also recorded strong Spot accumulation. Source: Coinalyze Buyers dominated the market for eight consecutive days, according to Coinalyze data. Spot buy-and-sell volume maintained a positive delta throughout the period, with Buy Volume exceeding 1 million. A sustained positive buy-and-sell delta indicated agg
The post DOT Price Prediction: $0.87 Is the Only Number That Matters Right Now appeared on BitcoinEthereumNews.com.
Timothy Morano
Jul 10, 2026 08:07
DOT sits at $0.85 with short-term moving averages stacked one cent above as an immediate ceiling; smart money shows a 2:1 long bias, but open interest is falling into the bounce, tilting the odds a…
Market Context: Why DOT is Moving Now Two percent gains don’t mean much when your 200-day SMA is 60 cents above you. That’s DOT’s reality at $0.85 this morning — a token that has been systematically dismantled through 2026, scraping off an intraday low of $0.82 with the conviction of a dead-cat bounce. The 50-day SMA at $0.99 sits 16% above current price. The 200-day at $1.38 represents a 38% structural gap that doesn’t get closed in a session, a week, or likely a month without a macro shift in appetite for altcoins of this tier. The distance between analyst expectations and price reality is the sharpest context available. Bl
The post XRP’s sell pressure is on the lower side, so why is the market still weak? appeared on BitcoinEthereumNews.com.
XRP has been looking weak lately, with activity across the board slowing down. In fact, traders aren’t as willing to take on new positions as they were, with demand yet to push up again too. Here’s what you need to know. XRP OI falls as demand takes a hit XRP’s Open interest across all exchanges fell to around $773.5 million; that’s a huge drop from levels above $1 billion in May. Source: Cryptoquant On Binance alone, the OI fell to nearly $350.6 million. So, it’s clear that leveraged traders may be reducing exposure. Source: Cryptoquant Lower Open Interest may help reduce some liquidation-based pressure, but there hasn’t been enough participation. XRP’s market cap fell to about $10.89 billion too, so new capital is not entering the market either. Meanwhile, the NVT ratio being elevated impied that network activity was yet to be strong enough for recovery
The post XRP (XRP) Surges Past $1.10 as Retail Traders Return Despite $7B ETF Withdrawals appeared on BitcoinEthereumNews.com.
Key Highlights XRP surged past $1.10 resistance during late trading hours, gaining 1.8% to reach $1.1065 Futures Open Interest remains stable at 2.14 billion XRP, increasing from Tuesday’s 2.09 billion The token continues trading beneath its 50, 100, and 200-day exponential moving averages, maintaining short-term bearish pressure Institutional investors show hesitation as XRP spot ETFs recorded approximately $7 billion in withdrawals on Wednesday Critical price zones: $1.10 acting as support, while $1.1065 and $1.13 present resistance barriers XRP posted a 1.8% gain on Thursday, escaping a narrow consolidation zone and pushing through the $1.10 threshold on elevated trading activity. The digital asset ranged from an intraday bottom of $1.0827 to a peak of $1.1065, subsequently settling within the $1.1020 to $1.1040 corridor. [[IMG_2]]XRP Price The decisive upwa
The post XRP Futures Open Interest on Binance Falls to Three-Month Low at 397M appeared on BitcoinEthereumNews.com.
XRP News XRP futures open interest on Binance has fallen to roughly 397 million XRP, its lowest reading in more than three months, as the token changes hands near $1.09. Derivatives open-interest data shows the contraction reflects deleveraging, with traders trimming or closing leveraged positions rather than adding fresh exposure. Falling open interest alongside soft prices typically signals a cooling appetite for leveraged bets on the altcoin. Analysts frame the move as a slowdown in derivatives activity rather than an outright bearish verdict, describing the phase as repositioning while participants wait for a clearer directional signal across the XRP market. While the derivatives picture cools, spot metrics tell a contrasting story. On-chain data shows the XRP Binance scarcity index has climbed to 0.77, its highest level in more than two years. The gauge measures how
The post Solana (SOL) FUD Hits 2026 High: Why It Could Be a Bullish Twist appeared on BitcoinEthereumNews.com.
Trading volume for Solana has fallen to 2026 lows as record negative sentiment raises the possibility of a surprise market reversal. Solana’s recovery appears to have lost momentum after it shed over 6% in the past week. As it currently trades near $77, it is facing its most negative market sentiment of 2026. In fact, SOL’s trading volume has dropped to its lowest point in 2026, while negative commentary surrounding the asset has surged to its highest daily level this year, according to Santiment. Rebound Setup Emerges Much of the disappointment stems from expectations that strong narratives around tokenized stocks and real-world asset (RWA) activity would translate into stronger price performance, something traders have yet to see. Santiment noted that this combination of elevated fear, uncertainty, and doubt (FUD) alongside weak trading volume has historically created cond
