Crypto Analysis

Key takeaways Quant (QNT) extends its rally toward $80, supported by rising whale and retail demand.  A breakout above the $80 resistance could set the stage for a potential rise toward $100.  Quant (QNT) has extended its recent gains towards the $80 mark on Thursday, testing the potential breakout from a long-standing resistance trendline.  The The post Quant (QNT) extends gains toward $80, testing breakout resistance appeared first on CoinJournal.

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.  The pullback is attributed to fading institutional demand, The post Bitcoin struggles below $80,000 amid institutional withdrawal appeared first on CoinJournal.

Key takeaways Pi Network extends losses on Thursday and could dip lower in the near term. The technical outlook for PI is mildly bearish as the short-term support is near $0.1687 Pi Network (PI) is edging lower on Thursday, threatening a potential bearish breakout below the $0.1700 mark.  The rise in selling pressure is likely The post PI faces increased selling pressure, risks further decline below $0.1700 appeared first on CoinJournal.

Key takeaways Pi Network (PI) is currently consolidating within a descending wedge pattern on the 4-hour chart. The deployment of cross-chain contracts on the BSC and OP testnets is part of the ongoing mainnet upgrades, expanding Pi Network’s capabilities. PI extends consolidation within descending wedge pattern Pi Network (PI) is trading in the red on The post Pi Network (PI) faces mild bearish pressure: Check forecast appeared first on CoinJournal.

Key takeaways ATOM extends its gains, trading above $2.10 on Wednesday, up over 8% so far this week. The technical outlook suggests a further upward rally in the near term ATOM trading volume hits multi-month highs  Cosmos Hub (ATOM) continues its bullish rally, currently trading above $2.10, up more than 8% this week.  On-chain data The post ATOM extends rally, surges above $2.10 with bullish momentum appeared first on CoinJournal.

Key takeaways Bitcoin recovers slightly on Wednesday after finding support below $80,000. US-listed spot ETF saw outflows of $233 million on Tuesday, Bitcoin finds support at a key level Bitcoin (BTC) has slightly rebounded and is currently trading above $81,000 on Wednesday, following a retest of a critical technical support level the previous day.  The The post Bitcoin rebounds slightly above $81k amid institutional caution appeared first on CoinJournal.

Key takeaways Cardano (ADA) faces losses below $0.2800 after Sunday’s 4% recovery was capped by the 100-day EMA. Negative funding rates and a shift in futures market sentiment signal a bearish outlook. Cardano futures market turns bearish as sentiment shifts ADA is dpwn 2% in the last 24 hours and could record further losses in The post Cardano struggles below $0.2800, bearish sentiment strengthens appeared first on CoinJournal.