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Jupiter Price Prediction: JUP $0.19 Resistance Holds as Technical Indicators Signal Consolidation

By Usman Zafar | Edited By Ammar Raza,May 2, 2026, 5:00 PM

Jupiter (JUP) is trading near $0.1776 as of Saturday, May 2, showing stabilization rather than a confirmed breakout. While an analyst highlights a potential upside trigger, derivatives data and technical indicators point to a balanced, low-momentum market. Overall, JUP appears to be consolidating, with a clear move above resistance needed to confirm any bullish shift.

The token has recorded a 24-hour trading volume of $36.52 million and a market capitalization of $589.97 million, while declining 2.22% over the past day. Current market conditions suggest that selling pressure has eased, but bullish momentum remains limited without strong confirmation.

A crypto analyst known as Butterfly recently highlighted that Jupiter is approaching the midline of a descending channel pattern on the higher timeframe. According to the analyst, this level could act as a pivot point, where a breakout above resistance may open the door for a stronger upward move. 

Source: Analyst Butterfly X Post

The observation reflects improving structure, but it remains conditional on price reclaiming key resistance zones with conviction rather than signaling an immediate trend reversal.

JUP Derivatives Data Signals Neutral Market Sentiment

Looking at derivatives data, the broader sentiment appears balanced but cautious. Funding rates, which stayed negative during the downtrend, indicate that short positions were previously crowded. More recently, funding has moved closer to neutral, with occasional dips back into negative territory. 

Source: CoinGlass

This shift suggests that bearish pressure has eased, but there is still no aggressive long positioning in the market. Such conditions typically support consolidation rather than strong directional trends.

Open interest tells a similar story. It declined significantly during the selloff, confirming that the previous drop was driven largely by long liquidations instead of a buildup of short positions. Since then, open interest has stabilized at lower levels and is only gradually increasing. 

Source: CoinGlass

This points to cautious re-entry from traders, but without strong conviction or leverage, which limits the potential for a sharp move unless new capital flows into the market.

Also Read: JASMY Holds $0.005 Support While Bulls Eye Recovery to $0.006 Level

Jupiter Technical Outlook: Will $0.19 Break Trigger a Reversal?

From a technical standpoint, JUP remains in a broader downtrend, with the 100-day and 200-day moving averages still sloping downward and positioned above the current price, acting as resistance. However, in the short term, price is holding above the 20-day and 50-day moving averages around the $0.16–$0.17 range, indicating that a base may be forming.

Momentum indicators further support a neutral outlook. The Relative Strength Index (RSI) is in the mid-50s, reflecting mild bullish momentum but not enough to confirm a breakout. 

Source: Tradingview

Meanwhile, the MACD has flattened near the zero line, suggesting that recent bullish momentum is fading rather than strengthening. Price action also shows repeated rejection near the $0.19–$0.20 zone, reinforcing this level as a key resistance area.

Overall, the data suggests that Jupiter is currently in a consolidation phase within a broader bearish trend, rather than entering a strong bullish reversal. 

A decisive break above $0.19 with increasing volume and open interest would be needed to shift the outlook, while a drop below the $0.165–$0.17 support range could lead to another test of lower levels near $0.14.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Litecoin Shows Strength: Summit, Charts Point to $72 May

Filed Under: Cryptocurrency News

Fartcoin Consolidates as Market Awaits Breakout Signal Confirmation

By Bena Ilyas | Edited By Ammar Raza,May 2, 2026, 4:00 PM

Fartcoin (FARTCOIN) price movement is stable now after some time of sideways movement because of the stability between buyers and sellers on the market.

At the time of writing, Fartcoin is trading at $0.2042, with a 24-hour trading volume of $54.06 million and a market capitalization of $204.18 million. The token has recorded a small gain of 0.62% over the last 24 hours, reflecting limited but stable upward movement without a strong directional push.

Fartcoin price chart
Source: CoinMarketCap

Also Read | Solana Moves Sideways as Support Holds, Eyes $88–$90 Resistance Target

Fartcoin Stays in Horizontal Range

On May 2, 2026, Alpha Crypto Signal reported that Fartcoin was trading within a horizontal consolidation pattern. It means that the market had been previously volatile, and prices had been oscillating between two defined levels of resistance and support. Therefore, the market is likely waiting for a catalyst to determine which direction it will take.

Fartcoin price chart
Source: Alpha Crypto Signal’s X Post

Breakout from the upper border of the range will be a signal of resumption of a positive trend and further advance. Unless this occurs, Fartcoin will stay within the range. No changes in trend have been confirmed yet.

Fartcoin Momentum Shows Weak Strength

Technically, Fartcoin is currently trading around $0.20432. Momentum indicators give mixed results, with the RSI at 53.94, just above the signal line at 53.15, indicating that there is some upward momentum but not enough to call a breakaway stage.

Moreover, the MA Ribbon is also characterized by a hybrid pattern. Short-term averages are gathered around $0.20250, $0.19297, and $0.18973, indicating that the price movement experienced compression near current prices. Nevertheless, the long-term moving average stands above $0.26131, implying that the price strength has not been restored.

Fartcoin technical indicator chart
Source: TradingView

Readings on momentum from MACD further support the idea of a lack of directional strength. MACD lines have been reading at 0.00412, which is right below the signal line, which reads at 0.00482. Also, the histogram is showing a slight negative reading of -0.00070.

Overall, Fartcoin remains in a consolidation pattern as the market is awaiting a break that could signal a new trend direction.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Litecoin Shows Strength: Summit, Charts Point to $72 May

Filed Under: Cryptocurrency News

Bitcoin Breakout Above $80K May Trigger Strong Upside Rally Momentum

By Bena Ilyas | Edited By Ammar Raza,May 2, 2026, 3:00 PM

Bitcoin is currently consolidating within a close trading range as the market remains driven by liquidity positioning rather than a clear directional trend. Currently, BTC moves between critical zones of support and resistance, as buying and selling pressures contribute to the movement.

Currently, BTC is trading at $78,266, posting a modest 0.99% gain over the past 24 hours. Daily trading volume is $38.96 billion, whereas market capitalization is at $1.57 trillion.

Bitcoin price chart
Source: CoinGecko

Also Read | THORChain (RUNE) Breakout 2026 Ignites Strong Bullish Setup Toward $0.68

Breakdown Below $75K Sparks Sweep

A post by KriptoHolder highlights that Bitcoin is currently trading in a liquidity-driven structure rather than following a clear directional trend. BTC is moving between two key liquidity clusters, with heavy sell-side liquidity stacked above the $80,000 level and strong bid support concentrated below $75,000. This situation resulted in Bitcoin getting locked in an intermediate range of trading, making both liquidity clusters attractive for traders.

Bitcoin price analysis
Source: KriptoHolder’s X Post

According to the analyst, a breakout above $80,000 may result in fast price action driven by liquidation. On the other hand, falling below the $75,000 level may lead to a fast downside sweep as leveraged positions unwind. Until either boundary is broken, Bitcoin is expected to continue oscillating within this liquidity corridor.

Bitcoin Breakout Above $80K Signals Rally

Bitcoin is trading near a crucial resistance at $76,666. This level acts as a short-term barrier, and price behavior around it could determine the next move. A breakout above $76,666 can put pressure on higher levels of resistance, while a failure will see the cryptocurrency pull back below lower support.

Bitcoin technical price analysis
Source: TradingView

Meanwhile, one of the critical supports is marked at $66,812. This level could work as support if the selling pressure builds up, potentially triggering a reversal or consolidation phase. A breakout above $80,000 will accelerate the rally, allowing the price action to rise to $91,117, followed by $104,163, where increasing selling pressure is likely.

Overall, Bitcoin’s current structure highlights a market driven by liquidity positioning rather than a steady upward or downward trend. Price remains compressed between critical levels, and upcoming movements will likely depend on which liquidity zone is taken next.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Litecoin Shows Strength: Summit, Charts Point to $72 May

Filed Under: Cryptocurrency News, Bitcoin (BTC)

Hyperliquid Tops 24h Fee Rankings as HYPE Eyes $100 Price Range

By Tina Fatima | Edited By Ammar Raza,May 2, 2026, 2:00 PM

Hyperliquid (HYPE) led 24-hour blockchain fee generation, recording $1.3 million in activity and outperforming both Tron and Ethereum during the latest trading session, as of 2 May.

The data reflects a noticeable shift in decentralized finance activity as liquidity continues rotating toward high-performance derivatives platforms.

Tron and Ethereum each generated around $1.1 million in fees over the same period, according to aggregated on-chain analytics dashboards tracking network activity.

The comparison highlights increasing competition among leading blockchain ecosystems as user engagement spreads across multiple decentralized applications and trading venues.

Also Read: Hyperliquid Launches on Trust Wallet With 0% Fees Offer

HYPE Price Structure Shows Compression Within a Defined Range

The token continues to trade within a defined structure between $33 and $45, with price action showing repeated compression beneath resistance.

The asset is forming higher lows while struggling to break above the $42–$45 zone, signaling growing but unconfirmed bullish pressure.

Market behavior shows multiple failed breakout attempts followed by strong rebounds, suggesting liquidity-driven trading conditions where stop runs and reversals frequently occur.

HYPE price prediction chart
Source: @cryptorand

This pattern typically reflects indecision before a stronger directional move develops once key levels are reclaimed or lost.

The current state of the market is a critical one: a breakout from the current resistance level of $45 to above can see the price head towards $50-$53 and perhaps towards the macro target level of $100.

On the other hand, rejection of this level can see the price head down to $35 or below, according to the crypto analyst Rand Group.

Momentum Indicators Show Mixed Signals Across Market

From an indicator perspective, the RSI (14) shows a current value of 52.95 with its signal average at 51.58. It is not overbought nor oversold, suggesting that the asset will experience consolidation. There seems to be mild bullish pressure, but not one with much conviction.

HYPE TradingView CHART
Source: TradingView

Currently, MACD is at 0.32070, signal line at 0.60387, and histogram at -0.28317. The negative histogram implies that momentum is waning due to its impact on bearish crossover. From this, it can be deduced that there is less buying pressure, hence more likely to go lower.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hyperliquid (HYPE) Eyes Breakout as Bullish Momentum Builds Above $40

Filed Under: Altcoin News

World Liberty Financial Faces Backlash After 5.9 Billion Token Sale Revelation

By Bena Ilyas | Edited By Ammar Raza,May 2, 2026, 1:00 PM

World Liberty Financial (WLFI), a decentralized finance project tied to the Trump and Witkoff families, has reportedly raised additional funding through sales of its tokens amounting to 5.9 billion. The company had previously conducted two rounds of public funding, generating above $550 million each.

The undisclosed follow-on sales were identified through governance filings analyzed by Tokenomist.ai on behalf of Bloomberg and later confirmed by the company. Reports indicate the additional token allocations, worth hundreds of millions of dollars, were not clearly communicated to existing investors during or after fundraising processes.

Also Read | Hedera (HBAR) Falling Wedge Formation Hints at Possible Reversal Rally to $0.22

World Liberty Financial Token Sales Allocation

Based on the project documentation, about 75% of the net proceeds from the sale of World Liberty Financial tokens will be invested in DT Marks DEFI LLC, which has ties to the former US president and other members of the Trump family. Also, DT Marks DEFI LLC reportedly owns 22.5 billion tokens of the project.

Furthermore, the earliest investors of the tokens are expected to have their funds locked in the tokens with no clear timeline for when they will gain access to them. In addition to this, the investors’ frustrations have continued to increase due to the poor performance and lack of liquidity in the tokens.

World Liberty Financial Governance Lockup Proposal Approved

In April 2026, a governance proposal was adopted requiring a minimum two-year lockup period for investors, followed by the phasing in of the release of tokens to such individuals.

On-chain data suggests that four wallets control over 40% of the voting power. Additionally, allegations from TRON founder Justin Sun claim the presence of a blacklist function enabling asset freezes, prompting legal action against the project.

Investors who refuse to agree to the conditions set in the governance proposal may lose their tokens, while founders agreeing to the conditions are required to burn 10% of their token allocation. The proposals have led to a decline in sentiment for the World Liberty Finance token.

Market sentiment has weakened following these developments. World Liberty Financial’s price declined to approximately $0.0557, reflecting a 9.68% drop in 24 hours, alongside a trading volume of $262.30 million. The token also recorded a new all-time low, signaling growing investor caution.

WLFI price chart
Source: TradingView

The White House has stated that Donald Trump does not directly manage the project, noting his assets are held in a trust overseen by his children. Separately, Steve Witkoff has reportedly exited involvement, while another Trump-linked token, TRUMP, continues facing scrutiny despite ongoing volatility.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Solana Moves Sideways as Support Holds, Eyes $88–$90 Resistance Target

Filed Under: Cryptocurrency News

XRP Forms Symmetrical Triangle as Breakout Setup Targets $1.82 on Breakout

By Bena Ilyas | Edited By Ammar Raza,May 2, 2026, 12:00 PM

XRP gave a signal for a possible breakout on Saturday, May 2, owing to the formation of a tight structure. The symmetrical triangle formation on the daily chart indicates that increased volatility is likely in the near future, especially once a breakout occurs.

At the time of writing, XRP is trading at $1.38, with a 24-hour trading volume of $1.85 billion and a market capitalization of $85.46 billion, according to CoinMarketCap data. The token has recorded a modest 0.39% gain over the last 24 hours, reflecting a cautious market phase as investors wait for confirmation.

XRP price chart
Source: CoinMarketCap

Also Read | Litecoin Shows Strength:Summit, Charts Point to $72 May

XRP Triangle Signals Imminent Breakout

On May 2, 2026, crypto analyst Ali Martinez noted that XRP appears to be at an important level for a breakout. As stated in his analysis posted on X, the cryptocurrency is currently trading in a symmetrical triangle formation on a daily time frame.

As XRP approaches the tip of the triangle, the trend narrows down further, which means there is likely to be an increase in volatility. Using the measured move from the formation, the price move is expected to be around 26% if there is a breakout. Nevertheless, there is no indication of whether the move will be up or down.

XRP price chart
Source: Ali Martinez’s X Post

In the meantime, the band from $1.35 to $1.45 still represents an important point of interest. This price band is highly risky for newcomers because of the possibility of a false breakout. If there is a confirmed daily close above the resistance level at $1.45, it may signal the continuation of an uptrend towards the target at $1.82.

Sentiment and liquidity levels are also being monitored by the market players in search of further confirmation. Though there have been institutional flows providing the needed backing, overall participation is still conservative pending a clear signal before increasing the stakes.

XRP Weak Momentum Signals Bearish

Regarding its technical position, XRP remains weak in the short-term period. The asset’s price is being traded just under some significant moving average levels, such as $1.39, $1.40, $1.44, and $1.79. Given the slope of these moving averages, it can be concluded that the overall trend is bearish.

XRP technical analysis chart
Source: TradingView

In addition, other indicators, such as Momentum indicators, also portray signs of indecision. For instance, RSI stands at 47.86 below its signal line, implying that there is low buying interest in the market. However, the MACD indicator is slightly above zero while its signal line is still negative.

If XRP fails to break out of its existing formation, it may continue trading within a tight range for now, awaiting the next significant move to be confirmed.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | THORChain (RUNE) Breakout 2026 Ignites Strong Bullish Setup Toward $0.68

Filed Under: Cryptocurrency News, Ripple (XRP)

Zcash (ZEC) Rally Above $380 Signals Possible Run Toward $420 Zone

By Tina Fatima | Edited By Ammar Raza,May 2, 2026, 11:00 AM

Zcash (ZEC) rallied above the critical $380 resistance level during the May 2, trading session, reaching approximately $382.10 on the 4-hour chart.

The prior consolidation formed a base after repeated higher lows, suggesting accumulation and momentum shift toward buyers as the short-term structure turns increasingly bullish overall outlook.

After the mid-April decline, ZEC formed higher swing lows between $320 and $335 before regaining bullish momentum.

ZEC price prediction chart
Source: @CryptoTony__

A strong impulse candle confirmed breakout participation, while consolidation above former resistance signaled a possible support flip and increased continuation potential toward higher Fibonacci extension levels.

According to the crypto analyst, Crypto Tony, the current structure aligns with a bullish continuation scenario as price holds above the breakout zone near $380.

If momentum sustains, the projected move targets the $420–$450 region as indicated by the chart arrow. Failure to hold support below $360 may invalidate the bullish outlook and trigger retracement pressure in the short term.e

Also Read: ZEC Breaks Out of Consolidation: Is a Massive Bull Run Toward $600 Coming?

Momentum Indicators Show Strength but Early Cooling Signs

Technical indicators show bullish conditions, though momentum is beginning to moderate. The RSI reading is 65.00, and the signal is around 59.07. This implies further buying pressure on prices while approaching overbought territory.

The steep gradient indicates a rise in buying pressure, but the minor retracement indicates slight consolidation. In case RSI remains above 60, the direction of the trend appears bound for continuity, and below 50 implies weakening momentum.

ZEC TradingView chart
Source: TradingView

The value of the MACD is 0.88147, while the MACD line value is 18.99756, and the signal line value is 18.11610, indicating that the bullish gap is becoming smaller. The bars of the histogram are small, meaning that the power of the upward movement is declining.

Zebra 4.4.0 Upgrade Strengthens Network Security Outlook

Alongside market movement, the new version of Zebra, which is 4.4.0, includes many important patches to fix the vulnerabilities present in the protocol.

There are some consensus-vital vulnerabilities in particular that can compromise the network, which makes this update necessary.

Zebra 4.4.0 is recommended for all node operators, and they must upgrade immediately to safeguard security, protect themselves from any vulnerabilities, and maintain the sanctity of the consensus. With this increase in security assurance, it is expected that the price of ZEC will increase.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Zcash Holds Strong Above $320 Support: Can ZEC Rally to $400 Next?

Filed Under: Cryptocurrency News

Bitcoin Faces Looming Quantum Threat as New PACTs Profers Solution

By Onyi | Edited By Ammar Raza,May 2, 2026, 10:30 AM

A new proposal shared by Paradigm suggests that there is a way to protect Bitcoin from future shock that could put billions at risk.

The researchers has warned that these quantum computers could one day break Bitcoin’s current security system and with this access, attackers can be able to steal funds from older Bitcoin addresses.

The idea comes from a researcher at Paradigm, Dan Robinson, he introduces a concept called PACTs, or ‘Provable Address-Control Timestamps’. These systems are designed to help Bitcoin holders prove their token ownership without actually exposing themselves publicly.

Details on the Bitcoin Quantum Threat and solution.

Source: Paradigm

Source: Paradigm

At the center of the issue according to the details is a growing concern about quantum computing. If these machines become very enough, they could crack the keys that protect BTX wallets, especially older ones where their public keys have already been exposed.

Also Read: Bitcoin Demand Weakens Despite BTC Price Rebound

One of the proposed solution is a “sunset” upgrade. This solution is expected to block spending from vulnerable addresses unless the users move their funds to safer ones. However, this solution kind of creates a serious problem for long-term holders, including Satoshi Nakamoto because he would be forced to reveal ‘themselves’ or risk losing access to their coins.

Bitcoin Quiet Protection Strategy

The newly introduced PACTs will offer a different path. So instead of forcing users to move their funds publicly, they can just quietly create a hidden proof today that shows they own their private keys.

This system would work by using BTC as a timestamp system. Different tools like OpenTimestamps allow users to record proof of ownership without making any transaction. Later, if BTC adopts stricter rules, users can reveal a cryptographic proof that they had control of their coins before quantum computers became a threat. This approach keeps user privacy intact.

Also Read: Bitcoin Holds $78,000 as MVRV Signals Support While Momentum Tests Resistance








Filed Under: Cryptocurrency News

NEAR Protocol Price Prediction: Is a Drop to $1.22 the Setup for a Strong Bounce?

By Usman Zafar | Edited By Ammar Raza,May 2, 2026, 9:50 AM

NEAR Protocol (NEAR) is trending downwards towards an important support zone at $1.22. This may spark a market correction, but analysts believe that it will soon reverse. On Saturday, May 2, NEAR was valued at $1.29, representing a decline of almost 9% in the past seven days, which is a weak trend exhibited by other cryptocurrencies, based on data from CoinMarketCap.

Source: CoinMarketcap

The current price movement places focus on the $1.25 to $1.22 range, a level widely viewed by traders as a strong demand zone. 

Historically, such zones attract buying interest due to accumulated liquidity and prior support, and market participants are now watching closely to determine whether NEAR can stabilize and reverse from this area. 

A successful hold could trigger renewed upside momentum, while a breakdown may extend short-term losses.

Also Read: Hedera (HBAR) Falling Wedge Formation Hints at Possible Reversal Rally to $0.22

NEAR’s Value Gap Widens

Despite the ongoing correction, some analysts argue that NEAR’s fundamentals remain strong. Crypto analyst Michaël van de Poppe recently described the asset as “extremely undervalued,” highlighting that the token’s entire supply is already in circulation, reducing inflation risks and aligning the network with active users.

$NEAR is extremely undervalued.

The entire supply is circulating, and all their mechanics are build in favor of the community actively using the token.

Nobody is interested into AI <> #Crypto protocols.

And that's where the real alpha is.

The current valuation of $NEAR is… pic.twitter.com/gXdEzlVgQw

— Michaël van de Poppe (@CryptoMichNL) May 1, 2026

He also pointed to the growing intersection of artificial intelligence and blockchain technology, suggesting that projects positioned in this sector may be overlooked by the broader market.

From a financial perspective, NEAR Protocol has demonstrated notable growth in network revenue. In the first four months of 2026, the protocol generated approximately 12 million NEAR tokens in revenue, equivalent to around $15.6 million. 

This places projected annual revenue between $40 million and $60 million, compared to roughly $10 million generated before 2026. If sustained, this trajectory suggests significant expansion potential, although such projections remain subject to market conditions and adoption rates.

When compared to other leading layer-1 blockchains, the value of NEAR appears relatively low. The P/S multiple for NEAR is 34x, while that of Solana is approximately 40x. Furthermore, when contrasted to Ethereum, which is approximately 200x, NEAR’s value becomes even lower.

Typically, in the technology industry, firms are valued between 15x and 30x sales. However, for rapidly growing artificial intelligence firms, despite generating relatively lower revenue, the valuation multiples can be relatively higher.

NEAR Protocol Activity Surges Despite Weakness

Beyond valuation metrics, ecosystem activity within NEAR Protocol continues to expand. The network’s NEAR Intents infrastructure has surpassed $17 billion in total volume and more than 23 million swaps, reflecting growing user engagement.

What NEAR shipped last month: 

✦ NEAR Intents crossed $17B+ in all-time volume and 23M+ total swaps.
✦ XAU₮ (@tethergold) went live on NEAR Intents.⁰✦ IronClaw released versions v0.26 and v0.27, upgrading agent self-improvement and security ⁰✦ NEAR AI and @joinabound…

— NEAR Protocol (@NEARProtocol) May 1, 2026

Recent additions also include Tether Gold (XAU₮) alongside improvements to the IronClaw platform to boost the efficiency of the AI-powered agents. New collaborations for cross-border payments and privacy-preserving AI inference demonstrate how the platform is branching out into enterprise and DeFi use cases.

While the immediate direction is downward, NEAR Protocol has an overall outlook that is characterized by both technical retracement and continued fundamentals. In the coming sessions, the ability of the $1.22 support to maintain its position will become apparent against market dynamics and development indications.

Why This Matters

A potential bounce from the $1.22 support zone could signal renewed investor confidence, especially as NEAR’s fundamentals continue to strengthen despite short-term price weakness.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Hyperliquid (HYPE) Eyes Breakout as Bullish Momentum Builds Above $40

Filed Under: Cryptocurrency News, Altcoin News

Bittensor (TAO) Builds Pressure: Major Breakout Setup Could Drive Price to $350

By Sajjal Ali | Edited By Messam Raza,May 2, 2026, 9:00 AM

Bittensor (TAO) is showing early signs of stability after a sharp decline that followed the exit of a subnet. Selling pressure initially pushed the market into a correction, but the decline has slowed, and price has moved into sideways consolidation, hinting at weakening downside momentum.

TAO has been trading at approximately $320 to $330 before falling back, showing lower highs. It made a sharp fall from the breakout of the mid-support range, making a gap that can be tested again should there be momentum.

Currently, TAO has formed a support level around $200, which helps it act as a short-term support for it. The buyers have started to come in, showing higher lows.

Also Read: Shiba Inu Builds Strength Near $0.0000060 Amid Tight Range

Resistance Cluster Builds Around Key Breakout Zone

The most stubborn resistance is at $226 to $230, where the price is continuously being forced lower. In this zone, the price action continues to function as the area of supplies, with buyers repeatedly attempting to push the price higher and failing with upper wicks.

In his X post, crypto market analyst Michaël van de Poppe said that TAO seems to be accumulating pressure in this range, calling it an ascending triangle pattern. According to him, this pattern usually emerges after many tests of resistance.

Source: X

The trend, however, remains bearish as the moving average continues to fall. However, since the recovery volumes are smaller than those during the sell-off, investors seem to be cautious with regard to the rally.

Nonetheless, a break above $230 with good volumes may cause a swift change in sentiment. If such a scenario develops, TAO will target a price range between $250-$270 while filling previous gaps and even advance towards $280-$290 in case momentum holds out.

Bittensor Weekly Structure Shows Early Reversal Signals

In higher time frames, TAO continues to trade within a downtrending channel that highlights the general trend. This has been seen time and again as prices have made lower highs and lows over many months.

According to crypto expert Time Freedom, the weekly chart exhibits indications of a potential reversal. The recovery rally from the lows seen in February resulted in a round bottom formation, which is typically a sign of accumulation following prolonged selling pressure.

Source: X

Starting from this base level, TAO managed to form a first upward move followed by a pullback above the previous swing lows. Such price action suggests an inverted head and shoulders setup.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Shiba Inu Faces Resistance Near $0.0000075 as Sell Pressure Intensifies

Filed Under: Cryptocurrency News

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Copyright © 2026 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.