The post Cardano Price Weakens as Buying Pressure Fades—Is a 10% Correction Ahead? appeared first on Coinpedia Fintech News

Cardano (ADA) price is once again struggling near the $0.30 region, and the latest daily structure doesn’t inspire much confidence for the bulls. After a brief recovery attempt in February, the price has started to stall, suggesting that buying pressure is losing strength.

After breaking down from the $0.33–$0.37 range earlier this year, ADA price has struggled to regain structural strength. The recent bounce appears corrective rather than impulsive, raising the possibility of another leg lower.

ADA Faces Strong Overhead Resistance

On the chart, the $0.30–$0.31 zone continues to act as firm resistance. Every push into this area has been met with selling, preventing ADA from building any meaningful upside momentum. Instead of forming higher highs, the price has drifted sideways to lower, a sign that the recent bounce may have been more of a relief move than the start of a new uptrend.

At the same time, ADA is hovering just above a rising trendline near $0.25–$0.26. This level has quietly supported the price over the past few weeks. But the support is getting tested more frequently, and that usually weakens it. If this trendline gives way, a move toward $0.24 becomes increasingly likely, roughly a 10% drop from current levels.

Momentum indicators are also leaning cautiously. The MACD is flattening after a short-lived recovery, and the RSI remains below the 50 mark. That typically signals that bulls haven’t fully regained control. Volume hasn’t expanded meaningfully during recent upside attempts either, which makes the rebound look hesitant rather than convincing.

Key Levels to Watch

• Immediate Resistance: $0.30–$0.31
• Major Resistance: $0.33
• Trendline Support: $0.25–$0.26
• Downside Target: $0.24

A decisive break below $0.25 could accelerate downside momentum toward the $0.24 region. Conversely, ADA would need a strong daily close above $0.31 to invalidate the near-term bearish outlook.

Conclusion

Cardano’s daily structure suggests that bullish momentum is weakening as the price remains capped below key resistance. While support has not yet broken, the fading strength in indicators increases the risk of a 10% pullback if the current trendline fails.

Unless ADA price reclaims the $0.30–$0.31 zone with conviction, the path of least resistance appears tilted to the downside.

The post Bitcoin Whale Targets $72K—Can BTC Price Rise as Selling Pressure Fades? appeared first on Coinpedia Fintech News

Bitcoin price is hovering between $66,000 and $68,000, struggling to reclaim the $70,000 level that has capped upside for more than a month. Despite repeated rejections, the broader structure remains intact, with bulls quietly defending support while selling pressure appears to be easing.

On-chain data now shows a noticeable slowdown in long-term holder distribution, suggesting that aggressive selling has cooled. This shift has strengthened expectations among larger market participants that Bitcoin could attempt a move toward the $72,000 region if resistance finally gives way.

The key question, however, remains unresolved: will fading distribution provide enough fuel for a breakout, or will leveraged bets and overhead supply continue to keep BTC trapped below $70,000?

Long-Term Holders Are No Longer Selling Aggressively

According to Glassnode’s Long-Term Holder Net Position Change metric, months of distribution appear to be slowing. The chart shows an extended red phase throughout late 2025, indicating long-term holders were reducing exposure during previous rallies.

However, recent data suggests this trend is stabilizing. The shift toward neutral and slightly positive net positioning implies that large, long-term participants are no longer aggressively selling into strength.

Historically, when long-term holder distribution fades, Bitcoin often enters a consolidation phase before attempting a renewed upside move. While accumulation has not yet turned aggressive, the decline in net selling suggests that supply pressure may be thinning.

This structural shift matters because long-term holders typically represent stronger hands within the market cycle.

$40 Million 40x Short Position Raises Volatility Risk

At the same time, derivatives data reveal a significant leveraged position in play. A trader has opened a $40.1 million short position on Bitcoin using 40x leverage, with an entry near $67,018. The liquidation level for this position sits around $72,322. In simple terms, if Bitcoin rises roughly 7–8% from here, that position gets wiped out.

This creates an important technical setup where, if a break above $70,000 is coupled with an increase in the bullish momentum, it may bring the short positions into danger. At 40x leverage, even a relatively modest upside move can trigger forced liquidation. If that happens, automated buying pressure could push BTC rapidly toward or beyond $72,000. However, as long as Bitcoin remains below $70,000, the short position remains structurally intact.

What Happens Next?

There are two realistic paths.

If buyers absorb supply and push BTC price above $70,000, the fading long-term selling pressure combined with a vulnerable short position could create a squeeze toward $72,000 or higher. But if resistance holds again, Bitcoin may continue consolidating below $70,000 while leverage slowly unwinds.

The market isn’t euphoric. It isn’t panicking either, but coiled. And the next breakout attempt could determine whether $72,000 becomes the next milestone for the Bitcoin (BTC) price rally or remains just out of reach.

The post Pi Price is Surging Today—How High Can PI Go Next? appeared first on Coinpedia Fintech News

Pi Network price has rebounded from recent lows near $0.14 and is now trading around $0.17 on the daily timeframe. The recovery comes as momentum indicators improve and the price approaches a crucial range, signaling short-term stabilization after an extended decline. However, the move is unfolding just below a critical resistance zone close to $0.2, where previous breakdown pressure emerged. 

At the same time, recent on-chain wallet transfers linked to the core team have introduced potential supply-side uncertainty into the setup. This raises the concern over the upcoming price action, whether the PI price will break above $0.2 to reach $0.22 or slip back into the bearish range. 

Pi Price Analysis: Supply Pressure Meets Key Resistance

Pi Network is currently trading near $0.170 after rebounding from recent lows around $0.14. On the daily timeframe, price has recovered toward the mid-Bollinger Band, signaling short-term stabilization following a prolonged downtrend.

However, the broader structure remains cautious. The $0.19–$0.20 zone continues to act as a key resistance area, previously serving as breakdown support. Unless this level is reclaimed decisively, the current move appears to be a relief bounce rather than a confirmed trend reversal.

The RSI has climbed back above 50, indicating improving momentum, but it has not entered bullish expansion territory. This suggests buyers are regaining control gradually, not aggressively.

Adding to the technical setup, recent on-chain data shows wallets linked to the Pi Core Team transferring significant amounts of PI tokens to exchange-associated addresses. While such transfers do not confirm immediate selling, they increase the potential for supply to enter the market. This creates short-term uncertainty, particularly as the price approaches resistance. If additional tokens are distributed near the $0.19–$0.20 supply zone, upside momentum could remain capped.

How High Can Pi Price Go?

The current price action reflects a recovery attempt rather than a confirmed trend reversal. Technically, PI must reclaim the $0.19–$0.20 resistance zone with strong volume to shift momentum decisively in favor of buyers. If this materialises, a move beyond $0.23 could be imminent, which is the major resistance to achieve. 

However, the momentum may fade for a while around this range, but if the bulls manage to reclaim the levels after a brief correction, reaching $0.3 may not be a tedious job for the Pi price rally. 

The post Why Is NEAR Protocol Price Rising Today? Key Drivers Behind the Rally appeared first on Coinpedia Fintech News

NEAR Protocol price has surged by 11.45% to $1.34 in the past 24 hours, significantly outperforming Bitcoin 3.3% gain. The rise is primarily driven by a broader rotation of capital into the altcoins. This move is supported by an increase in the trading volume and a breakout above the key technical levels. 

What the NEAR Price Structure Shows

On the 4-hour timeframe, NEAR has shifted from a prolonged downtrend into a recovery structure marked by higher lows. The recent rally accelerated after the price reclaimed the short-term moving averages (20/50 SMA), which are now beginning to curl upward, an early sign of momentum reversal.

However, price is currently approaching a previously established supply zone near $1.40–$1.45. This level acted as resistance during earlier breakdowns and remains a critical barrier. A sustained move above this range could open the path toward the next resistance cluster near $1.65–$1.70.

Volume expansion during the latest leg higher indicates active participation rather than thin liquidity. Meanwhile, the RSI is trending upward and approaching the upper range without entering extreme overbought territory. This supports bullish momentum but also suggests the move is nearing a short-term decision point.

Key Levels to Watch

• Immediate Resistance: $1.40–$1.45
• Major Resistance: $1.65–$1.70
• Immediate Support: $1.15–$1.20
• Major Support: $0.95–$1.00

A breakout above $1.45 with sustained volume could confirm continuation. Failure at this zone may lead to a pullback toward the $1.20 support area.

Conclusion: What’s Next?

NEAR’s 4-hour structure reflects improving short-term momentum after weeks of consolidation and decline. Buyers have reclaimed key moving averages, but the $1.40–$1.45 resistance remains the defining level. The next directional move will likely depend on whether NEAR Protocol price can convert this supply zone into support or faces renewed rejection.

The post Crypto Market Update Today: Bitcoin Holds Firm as Gold Surges and Nasdaq Rebounds appeared first on Coinpedia Fintech News

The crypto market traded steadily today after a brief recovery ahead of the daily close. Total market capitalisation rebounded from local lows near $2.26 trillion to reclaim $2.34 trillion, signalling renewed buying interest rather than aggressive profit-taking.

Bitcoin price moved above its recent consolidation range around $67,000 and briefly approached the $70,000 mark, while Ethereum continued to hold firmly above $2,000 — indicating relative strength across large-cap assets.

Despite volatility in traditional markets and ongoing geopolitical tensions, crypto prices have largely remained within structured ranges. The absence of sharp liquidation cascades suggests participants are positioning cautiously rather than reacting impulsively. For now, price action reflects consolidation—not panic.

Bitcoin Price Today: BTC Surges, While Range-Bound Consolidation Continues

Bitcoin is up 1.9% from early trading levels, rising from local lows near $65,300 to $68,309. The move was supported by a 43% surge in spot volume to $54.84 billion, reflecting stronger participation. Perpetual futures open interest also climbed 9.19%, signaling fresh leverage entering the market.

Despite the recovery, BTC continues to face strong resistance at $70,000 — a level that has capped upside for more than a month. Until this barrier is cleared decisively, the move appears to be a range rebound rather than a confirmed breakout.

As seen on the chart, Bitcoin remains confined between resistance near $70,000 and support around $62,000. The RSI is hovering in neutral territory, neither overbought nor oversold, reinforcing the ongoing consolidation. A close above $70,000 or below $62,000 could trigger a volatility expansion, but for now, price action remains range-bound.

How are Ethereum & Other Altcoins Reacting?

As Bitcoin showed signs of strength, altcoins attempted a recovery, led by Ethereum. ETH briefly reclaimed the $2,000 level before slipping back toward $1,990, which weighed on other large-cap tokens. XRP trades near $1.36, Solana has dropped below $86, and Dogecoin is hovering around $0.091. Meanwhile, Cardano re-entered the top 10 by market cap after flipping Bitcoin Cash, though it remains capped near $0.27.

Among the day’s top gainers, NEAR Protocol advanced 5.21%, followed by LayerZero at 4.13%, while Memecore, Hyperliquid, and Morpho posted gains of over 2% each. On the downside, Pippin declined 9.73%, with Decred and Canton down more than 6%. Toncoin, Pepe, Kite, and Zcash also slipped by more than 5%.

The Crypto Fear & Greed Index has climbed to 20, improving from extreme fear to fear, suggesting sentiment is stabilizing but remains cautious.

Bitcoin vs Gold vs S&P 500: How Assets Are Behaving Amid Uncertainty 

Traditional safe-haven assets continued to attract capital as geopolitical risk persisted. Gold has climbed above $5,700 per ounce, reflecting sustained defensive positioning alongside rising inflation concerns. Spot silver has also recovered near $90 per ounce, showing renewed interest after recent volatility. 

In contrast, U.S. stock markets showed mixed performance. On March 2, the Nasdaq Composite advanced about +0.4% to ~22,749, and the S&P 500 edged up roughly +0.1%, despite earlier intraday weakness, as investors oscillated between risk appetite and caution. 

This divergence highlights how different asset classes are reacting: crypto and equities continue to behave more like risk assets, influenced by liquidity and sentiment, while gold and silver act as traditional hedges. The current correlation suggests that broader market sentiment, particularly equity market movements, remains a key driver of Bitcoin’s short-term direction.

What Could Happen Next?

Bullish Scenario: If Bitcoin manages a decisive close above the $70,000 resistance, short-term momentum could accelerate toward the next liquidity zone above the range. Rising spot volume and increasing open interest suggest traders are positioning for expansion. A continued rebound in equities may further support upside attempts.

Bearish Scenario: Failure to reclaim $70,000 could reinforce the ongoing range structure. If BTC slips below the $62,000 support, downside volatility may increase, especially with leverage building in derivatives markets. Escalating geopolitical tensions or renewed weakness in equities could add pressure.

For now, the broader structure remains intact. The next decisive move will likely emerge only after either boundary of the current range is broken with conviction.

The post XRP Price Prediction for March 2026: Could XRP Drop Below $1? appeared first on Coinpedia Fintech News

XRP price continues to trade under sustained pressure on the daily timeframe, with price action firmly locked inside a descending channel that has guided the broader correction since last year’s peak near $3.50.

At the time of writing, XRP is hovering around the $1.34 region, sitting just above a critical psychological and structural support zone near $1.00–$1.10. The key question for March: Is XRP price stabilizing, or is the $1 level becoming vulnerable?

Daily Structure Remains Bearish While Momentum Signals Weak Recovery

Price has consistently printed lower highs and lower lows within a well-defined descending channel. Each attempt to rally toward the upper boundary has been rejected, reinforcing the dominant bearish structure. Recent price action shows XRP breaking toward the lower half of the channel again after failing to sustain a recovery above $2.00 earlier this year.

Until the upper channel resistance is reclaimed, momentum remains tilted to the downside.

The daily RSI is hovering below the neutral 50 level, currently sitting in the high-30s to low-40s range. This suggests bearish momentum still dominates, although the market is not deeply oversold. There was a recent RSI dip toward oversold territory, followed by a mild bounce. However, that recovery has lacked follow-through.

OBV (On-Balance Volume) continues to trend lower, indicating that buying pressure has not meaningfully reversed the broader distribution phase. Sustained accumulation is not yet visible on volume. In simple terms, buyers are present but not aggressive.

Why is the $1 Level Technically Important for the XRP Price Rally?

The $1 zone carries both psychological and structural significance. Historically, round-number levels often act as magnets for liquidity. On this chart, $1 aligns closely with the lower boundary of the descending channel projected forward. If XRP continues drifting lower within the channel, a test of $1 becomes increasingly likely in March.

However, a clean breakdown below $1 would require increased selling volume and a decisive daily close beneath that support, which has not occurred. Only a break above the descending channel resistance or a daily close back above the $1.6 to $1.7 region to establish a higher high could stabilize the price.   

Conclusion—What To Expect in March 2026?

XRP’s daily chart remains technically bearish heading into March 2026. The descending channel structure is intact, and momentum indicators do not yet show confirmed accumulation. The most probable short-term scenario is continued movement within the descending channel, with $1 acting as the next major test zone. If $1 holds, XRP could attempt another relief bounce toward the mid-channel region near $1.60. If it fails, the breakdown could trigger a deeper liquidity sweep.

 Whether XRP stabilizes above it or loses it will likely define the tone for the coming weeks.

Until the channel breaks, caution remains warranted.

The post Bitcoin Consolidates Between $62K and $71K: Accumulation or Range Trap Before the Next Move? appeared first on Coinpedia Fintech News

Bitcoin price continues to trade within a predefined range in the short and long term following a sharp decline in mid-February. The crypto is oscillating between a well-established support zone near $62,000 and a resistance band around $70,500 and $71,500. This consolidation phase reflects compression rather than directional conviction, with early signs of higher lows forming inside the range. 

Therefore, it would be interesting to watch whether the BTC price will trigger a decisive breakout, which could confirm whether the crypto is transitioning into accumulation or preparing for another liquidity sweep. 

Are Buyers Quietly Building Positions?

The star crypto appears to be in the early phase of accumulation as the rally has begun to form higher lows within the range. After bouncing from the local lows around $62,000, the pullbacks have been shallower. Moreover, the price is strongly holding above $64,000 and $65,000 on recent dips, instead of revisiting the bottom of the range. This shift suggests buyers may be stepping in earlier. 

Volume suggests the initial sell-off from $79,000 came with heavy participation. While the bounce that followed was solid but not explosive. On the other hand, the liquidity is resting on both of the current ranges. In an environment like this, it’s common to see one side swept before the real move begins. 

As seen in the above chart, the crypto is trading between a significant demand and supply zone and currently, the BTC price is not choosing a direction but compressing between a defined range. Therefore, a strong close beyond any of the range could define the next price action as a close above $71,500 with an expanding volume, which would shift the short-term momentum with the upside targets over $74,000 extending to $78,000. 

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Conversely, a failure to hold $64,000 followed by a breakdown below $62,000 would invalidate the accumulation. In this case, the lower target could be $60,000 or slightly lower. 

Bitcoin Price Prediction for the Short Term

The Bitcoin price is not trending, but it is compressing. Compressing phases often precede volatility expansion, but direction requires confirmation. As long as BTC trades between $62,000 and $71,000, conditions favor rotational price action. Therefore, the next few hours are likely to determine the momentum for the coming week. Until then, the BTC price structure remains balanced and reactive rather than directional. 

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