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SUI Price Prediction: Will Strong Support Trigger a Rally Toward $5.36?

By Sadia Ali | Edited By Messam Raza,June 3, 2026, 4:00 AM

SUI is holding a key support zone after a strong downtrend, with sellers still dominant but signs of potential accumulation emerging. A rebound could build recovery momentum for the SUI price if buyers return with strength and sentiment improves, while failure to hold may extend the corrective move.

At the time of writing, SUI is trading at $0.3832 with a 24-hour trading volume of $702.75 million and a market capitalization of $3.32 billion. Despite the 5.91% loss over the last 24 hours, the SUI price structure and rising volume point to a bullish reversal.

SUI Price Chart

Source: CoinMarketCap

SUI Price Holds Critical Support After Downtrend

According to the crypto analyst BitGuru, the SUI price is near an important support level, with the negative trend persisting and weakening the positive sentiment bit by bit. 

Sellers dominated in the recent sessions, moving the SUI price towards a level that is attracting attention at the moment. Despite the overall negative sentiment, this level appears to be gaining some traction as a potential accumulation point.

SUI Price Holds Critical Support After Downtrend

Source: BitGuru’s X Post

With determination on the part of buyers, however, such assistance might just set the foundation for an ensuing recovery for the SUI price and influence the setup going forward. 

Any move higher from here could lead to recapturing the $0.92 mark, provided that volume picks up and sell-off pressure diminishes. Confirmation is lacking, however, due to the unclear situation prevailing.

Also Read: SUI Analyst Reviews $0.60–$0.90 Zone After 1,300% Rally

SUI Price Could Target $5.36 If Support Holds Strong

Moreover, the data from Sui Community further highlighted that the SUI price is positioned within an important technical support region because the price has returned to a level where it once halted one of its most formidable price surges in history. 

The resistance of $2.15 is currently closely monitored since it is viewed by market participants as a crucial barrier for buyers.

SUI Price Could Target $5.36 If Support Holds Strong

Source: Sui Community’s X Post

The SUI price setup remains grounded on the crucial resistance levels of $4.43 and $5.36, which have been prior key support levels and swing highs. 

Trading interest seems to be rising as the traders position themselves at the aforementioned levels, creating a web of ambiguity and volatility. The next move that takes place at $2.15 will determine whether the impetus gains pace for an upward trend.

SUI Rising Volume Could Lead to a Bullish Breakout

However, the SUI trading volume increased by 26.70%, reaching $1.05B, indicating stronger market activity and heightened participation from traders across the market, reflecting improved liquidity, interest, and momentum in trading behavior.

SUI Rising Volume Could Lead to a Bullish Breakout

Source: Coinglass

However, the open interest declined by 10.75% to $618.52 million. This indicates less open interest and reduced participation among the traders in the derivatives market. This could possibly mean that the traders are either closing their positions or reducing their risks.

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

Also Read: SUI Price Holds Key Support Despite Repeated Outages As Analysts Target $18

Filed Under: Cryptocurrency News, Altcoin News

FET Price Prediction: Bullish Breakout Signals Massive Rally Toward $1

By Sadia Ali | Edited By Messam Raza,June 3, 2026, 3:30 AM

The Artificial Superintelligence Alliance (FET) remains bullish after breaking out of a descending channel, with analysts expecting further upside for the FET price if momentum continues. Rising interest in AI-focused cryptocurrencies supports optimism, though weaker trading volume and declining open interest indicate cautious short-term market sentiment.

At the time of writing, FET is trading at $0.2537 with a 24-hour trading volume of $271.28 million and a market capitalization of $573.42 million. Despite posting the 8.46% loss over the last 24 hours, the FET price points to a bullish reversal.

FET Price Chart

Source: CoinMarketCap

FET Price Eyes Rally as Bullish Momentum Accelerates

According to the crypto analyst Sjuul, FET continued its bullish expansion after perfectly following a classic “Power of 3” market structure. 

The FET price displayed strong resilience despite wider market volatility, with buyers maintaining control above critical support levels. Analysts believe the current trend remains constructive, signaling the possibility of another major upward move in the sessions ahead.

FET Price Eyes Rally as Bullish Momentum Accelerates

Source: Sjuul’s X Post

Technical analysts are closely watching the $0.26 support zone, which remains crucial for maintaining bullish momentum. Avoiding a bearish “Power of 3” formation below this level could keep the rally intact and drive the FET price breakout toward $0.30. 

If momentum and trading volume continue strengthening, the FET price could eventually surge toward the key $0.46 resistance area.

Also Read: FET Price Bullish Breakout Targets $0.55 as Accumulation Phase Strengthens

FET Price Breakout Could Push The Rally Toward $1

Moreover, another crypto analyst, Clifton Fx, highlighted that the FET price has finally managed to escape its long-term downward channel, thus breaking through the established market structure. 

As per the experts, this breakout confirms the validity of the previously made bullish views, as momentum indicators and increased buying strength suggest that an explosive move is around the corner. The next few weeks will revolve around the critical $1 mark.

FET Price Breakout Could Push The Rally Toward $1

Source: Clifton Fx’s X Post

According to market analysts, there is a possibility that the FET price will surge to the tune of 300% to 350% if the current uptrend continues. 

As the breakout is currently grabbing the attention of investors, it can be said that FET is among the top picks to see a major uptrend due to its affiliation with the artificial intelligence sector.

FET Derivative Data Point to Short-Term Pressure

However, the open interest in the FET dropped by 7.82% to $111.12 million. This indicates that the market participants are either unwinding their positions or reducing their exposures before making new trades based on the direction in the market.

FET Derivative Data Point to Short-Term Pressure

Source: Coinglass

Volume declined by 16.09% to reach a total of $262.69 million. This decrease indicates reduced trading activity and lower participation on the part of traders, which might reflect some form of caution on their behalf.

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

Also Read: FET Price Prediction: Consolidation Phase Points to a Rally Toward $0.358

Filed Under: Cryptocurrency News, Altcoin News

FET Price Eyes 350% Surge Potential As Cycle Structure Repeats Across Markets

By Sajjal Ali | Edited By Messam Raza,June 3, 2026, 3:00 AM

The latest view on FET price suggests that Fetch.ai does not need to reach new all-time highs to trigger a major move, as historical market zones already play a key role in its long-term structure.

According to analyst Flippix, the FET price has repeatedly respected earlier valuation areas created during past expansion cycles. The FET price initially surpassed the $0.80 mark before later increasing beyond the $3.50 mark in a stronger manner.

Following the current trend, another price surge will see FET’s value reach around $5.70. Every upward surge in the price cycle has seen it set a new high, pointing to an uptrend.

FET Price analysis

Source: X

Also Read: RedotPay Unveils Connect Gateway for Stablecoin Payments

Market Structure Driving FET Cycles

The long-term structure of the FET usually exhibits boom and bust cycles, which it has been showing for years. There has been a huge increase past the mark of $3.50 after remaining stable since 2021, after the high point of $0.80.

That increased the trading range and indicated an increased interest in AI-related crypto assets such as Fetch.ai (FET). The current consolidation period is viewed as reaccumulation, which refers to the cooling-down period after a significant run-up before the next move upwards.

FET Price Breakout Signals Structural Shift

Analyst Clifton Fx observed that Fetch.ai has broken above a long-standing descending channel that guided price lower for more than a year. The structure formed after the peak near $3.50 in early 2024, creating consistent lower highs and lower lows.

FET Price Breakout Signals Structural Shift

Source: X

The latest FET movement indicates a squeeze in prices at the top end of the channel formation, followed by an attempted breakout. Such a situation implies that the selling pressure may be reducing as buyers gain momentum and begin to reclaim control over the direction of the trend.

The target range for the upside would be between $0.80 to $1.00, and we can look forward to gains of 300%-350%. The activity level will be watched carefully by traders since higher volumes will confirm the breakout scenario.

However, in the absence of confirmation from volumes, the price may reverse and come back within the range or even break lower support levels in search of direction.

The sentiments on the market remain mixed, with the majority still waiting for further developments before making decisions. If the price stabilizes above the support level and momentum persists, the FET price can enter another phase of bullish movement amid broader cryptocurrency market recovery.

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

Also Read: Jupiter Price Signals Reversal After Correction, Eyes $0.62 Breakout Zone

Filed Under: Cryptocurrency News

Chainlink Price Gains Attention as Citi Spotlights CCIP in $8.2T Forecast

By Athulyamol VS | Edited By Messam Raza,June 3, 2026, 2:30 AM

The Chainlink Price received a lot of buzz following Citigroup’s recent report on tokenization, which highlighted the Cross-Chain Interoperability Protocol, or “CCIP”, as a potential interoperability standard for connecting tokenized financial systems.

Basically, Chainlink is a blockchain oracle network that supplies data, along with interoperability infrastructure, to decentralized and traditional financial applications. At press time, Chainlink Price was trading at $8.62, down 4.79% over the past 24 hours.

What the Chainlink Price Chart Is Signaling

The TradingView chart displays that LINK is trading at approximately $8.62 after failing to hold above the support of $8.97 and is currently trading below the 20-day EMA (9.33), 50-day EMA (9.44), 100-day EMA (9.73), and 200-day EMA (11.06). This points to the overall trend that remains weak.

During May, the price of LINK had an initial upswing, but there was resistance around the $9.70 level. Prices subsequently dropped below this area.

The CC Google Close 20 indicator, however, has risen to 0.79, suggesting improving relative strength, but a bullish confirmation has not yet occurred (therefore, no breakout has been confirmed).

In addition, momentum could improve if the cluster of moving averages is reclaimed by bulls within a defined timeframe.

What the Chainlink Price Chart Is Signaling
Source: TradingView

Also Read: Chainlink Price Prediction: LINK Eyes Breakout to $11 After Key Support Retest

Citi Report Brings Chainlink Back Into Focus

According toa recent post from Chainlink’s official X account, Citi’s “Tokenization 2030” report highlighted CCIP as “the interoperability standard connecting the tokenized global financial system” and projected that tokenized asset markets could reach $8.2 trillion by 2030.

Citi’s report highlights Chainlink’s CCIP and its role in supporting the growth of the tokenization market. Although the news has yet to lead to a lasting price recovery, it also strengthens Chainlink’s institutional profile as interest in tokenized assets continues to grow.

JUST IN: @Citi's new Tokenization 2030 report highlights Chainlink CCIP as the interoperability standard connecting the tokenized global financial system.

Citi projects tokenized asset markets can reach $8.2 trillion by 2030, with secure cross-chain connectivity being critical. pic.twitter.com/MuY7pGs4E5

— Chainlink (@chainlink) June 2, 2026

Citi’s report adds to Chainlink’s institutional visibility, but LINK remains under technical pressure below key resistance levels. Whether the positive development can support a sustained recovery remains to be seen. As always, the cryptocurrency market remains highly volatile.

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

Also Read: Chainlink Price Consolidation Near $9 Points to a Possible Breakout Toward $11

Filed Under: Cryptocurrency News, Chainlink (LINK)

TRON Blockchain Hosts HLSCOPE Fund Launch Through the Securitize Ecosystem

By Tina Fatima | Edited By Ammar Raza,June 3, 2026, 1:00 AM

Securitize has launched Hamilton Lane’s tokenized Senior Credit Opportunities Fund (HLSCOPE) on the TRON blockchain, marking its first asset deployment on the network.

The expansion broadens investor access to tokenized private credit, leverages Wormhole interoperability, and supports growing demand for institutional-grade real-world assets on-chain.

Private Credit Expansion Through TRON Blockchain

Securitize has announced the launch of Hamilton Lane’s tokenized Senior Credit Opportunities Fund (HLSCOPE) on the TRON blockchain.

The move expands access to a private credit investment product through one of the world’s largest blockchain ecosystems. It also marks the first Securitize-issued asset to be deployed on the TRON network.

The launch strengthens the connection between traditional financial products and blockchain infrastructure. Through Securitize, qualified investors can now access HLSCOPE on the TRON blockchain.

HLSCOPE launches on TRON
Source: @trondao

The expansion aims to increase the availability of tokenized real-world assets across digital asset markets while reaching a broader global audience.

TRON’s network scale played a major role in the decision. The blockchain supports more than 383 million accounts and hosts around $90 billion in circulating stablecoins.

It also processes trillions of dollars in annual transfer volume, making it one of the most active blockchain ecosystems for digital asset activity.

Also Read: Quant Network Launches Fusion Rollup Connecting 74 Blockchain Networks

HLSCOPE Brings Institutional Credit Exposure Onchain

HLSCOPE offers investors onchain exposure to Hamilton Lane’s opportunistic senior credit evergreen fund. The product operates through a regulated feeder structure managed by Securitize.

By bringing the fund onto the TRON blockchain, investors gain access through a blockchain network known for stablecoin transactions, decentralized finance activity, and digital payments.

The launch reflects continued growth in demand for tokenized versions of institutional investment products. Asset managers and blockchain firms are increasingly working together to place traditional financial instruments on public blockchain networks.

This approach can improve accessibility while supporting more efficient distribution models. According to Securitize, HLSCOPE will increase the accessibility of private markets by utilizing blockchain technology on TRON, connecting the regulated financial assets with blockchain technology.

Cross-Chain Connectivity Supports Broader Distribution

For the transfer of HLSCOPE tokens between various blockchains, Securitize will make Wormhole the official interoperability platform.

This will improve accessibility for investors while increasing their liquidity options. This growth highlights the increasing importance of public blockchains in tokenization.

With increased demand for on-chain financial instruments that are governed, networks that have a lot of users and thriving digital asset economies are becoming increasingly attractive to institutions.

HLSCOPE on TRON contributes positively to efforts aimed at closing the gap between traditional finance and blockchain. With the release, HLSCOPE is bringing a tokenized real-world asset into the world of digital finance.

Also Read: RedotPay Unveils Connect Gateway for Stablecoin Payments

Filed Under: Cryptocurrency News

ONDO Price Breakout Signals Major Move Toward All-Time High Retest

By Mishal Ali | Edited By Ammar Raza,June 2, 2026, 11:59 PM

Ondo Finance (ONDO) is trending upward after breaking out of accumulation, showing a steady uptrend as the ONDO price approaches previous resistance that may be retested as support or rejection. Meanwhile, Token Terminal data highlights growing adoption of tokenized Treasuries and rising demand for on-chain yield products like USDY.

At the time of writing, ONDO is trading at $0.3832 with a 24-hour trading volume of $247.02 million and a market capitalization of $1.87 billion. After posting the 8.7% gain over the last 24 hours, the ONDO price structure and network adoption point to a bullish reversal.

ONDO Price chart

Source: CoinMarketCap

Also Read: ONDO Price Prediction: Can Explosive TVL Growth Push It Toward $42?

ONDO Price Breakout Points to All-Time High Retest

According to the crypto analyst @TakeProfitNow, the ONDO price is forming a structure traders often miss early but chase later. After rejecting the $1.15–$1.20 zone in 2025, the ONDO price entered a deeper correction and extended the bottoming phase. 

That level became a major ceiling, shaping the entire downtrend. The market then reset and quietly transitioned into accumulation near local lows.

The major turning point came about because the price was able to break out from the tight range. The ONDO price is now creating a series of higher highs and higher lows, which indicates the formation of an uptrend. 

Momentum is starting to increase, although not suddenly but in increments. The ONDO price is starting to move up to the resistance zone again.

ONDO Price Breakout Points to All-Time High Retest

Source: @TakeProfitNow’s X Post

The key region above $1.40 becomes even more important now since it is located right above the previous all-time high, representing another test for the ONDO price momentum. 

In general, markets tend to exceed their previous peaks in order to confirm a trend’s power. Thus, depending on whether the pattern holds its integrity, the ATH level can be used for the check point.

Ondo Finance Strengthens Position in Treasury Market

The data from Token Terminal highlighted that tokenized U.S. Treasuries continue to soar at an accelerated rate as the gap between the traditional financial industry and blockchain narrows. 

The leading tokenizers of such government-backed securities include BlackRock, Franklin Templeton, Circle, and Ondo Finance. These securities are now regarded as safe and income-yielding investments and collateral in DeFi protocols.

Source: Token Terminal’s X Post

Ondo Finance has gained prominence to take the No. 2 position amongst top issuers thanks to its rapid pace within USDY, having soared to around 220% during the previous quarter. 

With short-term Treasury bonds and deposits backing its operations, the rising market capitalization of USDY is indicative of increasing interest in dollar yield tokens, borderless cross-chain capabilities, and real-world assets via DeFi.

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

Also Read: ONDO Price Forms Symmetrical Triangle as Breakout Toward $0.46 Looms

Filed Under: Cryptocurrency News, Altcoin News

Robinhood WonderFi Closes Strong $180M Crypto Deal

By Aishwarya shashikumar | Edited By Sahana Kiran,June 2, 2026, 11:30 PM

Robinhood WonderFi is now officially part of the U.S.-based trading giant’s growing crypto business. Robinhood Markets announced on Monday that it has completed its $180 million acquisition of Toronto-based digital asset services firm WonderFi.

The acquisition gives Robinhood control of Bitbuy and Coinsquare, two of Canada’s regulated cryptocurrency trading platforms. Users of these platforms will be invited to continue their crypto activities through the Robinhood app.

The deal marks another major step in Robinhood’s international expansion strategy. The company first announced plans to acquire WonderFi in May 2025. While the transaction was expected to close in the second half of that year, the deadline was extended to allow Robinhood to deploy its proprietary technology in Canada and secure regulatory approvals.

Also Read: Robinhood Launches Powerful AI Trading Agents With Strict Fund Controls

Robinhood WonderFi Expands Canadian Presence

The addition of WonderFi significantly strengthens Robinhood’s footprint in Canada. The company said the acquisition brings more than 300,000 funded customers into its ecosystem, pushing its total number of funded customers outside the United States above 1 million.

Johann Kerbrat, Senior Vice President and General Manager of Robinhood Crypto & International, praised the acquisition. He noted that WonderFi’s experience operating regulated crypto platforms for both beginner and advanced traders makes it a strong fit for Robinhood’s long-term goals.

Source: Robinhood Blogpost

Canada has become an increasingly important market for digital asset firms. By acquiring an established local operator, Robinhood gains immediate access to a regulated customer base and existing institutional relationships.

Robinhood WonderFi Acquisition Strengthens Institutional Crypto Strategy

Robinhood also confirmed it will continue supporting WonderFi’s partnerships with local financial institutions. Robinhood WonderFi collaboration could help accelerate the growth of its institutional crypto business.

NEW: Robinhood finalized the $180M WonderFi acquisition@RobinhoodApp announced Monday that it closed the WonderFi deal, which was first revealed in May 2025

This marks Robinhood's official entry into the Canadian crypto market. pic.twitter.com/T0BG0IU61u

— Danny Kunwoong Park (@ParkKunwoong) June 2, 2026

The company has already expanded in this area through its acquisition of Bitstamp last year. The WonderFi deal adds another layer to that strategy by combining retail and institutional crypto services under one umbrella.

Despite the positive development, Robinhood’s stock faced pressure on Monday. Shares of Robinhood (HOOD) fell 3.8% to close at $90.73. The stock is now down 21.3% year-to-date.

Even so, the completed acquisition highlights Robinhood’s commitment to expanding its crypto business beyond U.S. borders and building a stronger presence in global digital asset markets.

Also Read: Robinhood Regulatory Approval Clears Path for WonderFi Deal

Filed Under: Cryptocurrency News, World

Internet Computer Price Could Surge to New Highs After 13-Week Resistance Break

By Mishal Ali | Edited By Ammar Raza,June 2, 2026, 11:00 PM

Internet Computer (ICP) broke resistance after consolidation and retested support, signaling bullish structure. The Internet Computer price’s strength and momentum improve with a MACD bullish crossover. However, network adoption and transaction growth reinforce fundamentals, supporting long-term upside potential.

At the time of writing, ICP is trading at $3.04 with a 24-hour trading volume of $217.56 million and a market capitalization of $1.68 billion. After posting the 10.78% gain over the last 24 hours, the ICP price structure and network adoption point to a bullish reversal.

Internet Computer price

Source: CoinMarketCap

Internet Computer Price Breaks Key Level After Consolidation

According to the crypto analyst, Abid Jaffery, the Internet Computer price traded below the key 2.266 level for 13 consecutive weeks, a rare and extended period beneath major resistance. 

In the 14th week, the Internet Computer price finally broke above the level and then returned for a clean retest. This sequence suggests a strong structural breakout and early bullish momentum forming on the chart in market structure

Internet Computer Price Breaks Key Level After Consolidation

Source: Abid Jaffery’s X Post

In addition to the technical roadmap, ICP ensures its solid position within the decentralized cloud infrastructure space, along with its future scalability for the smart contract technology. 

Even if the results within the trades cannot be assured all the time, this recovery of the Internet Computer price adds a positive and promising approach for its development in the coming period.

MACD Bullish Crossover Point to Upward Potential

According to TradingView, a positive reversal signal is evident in the Internet Computer price through June 2026. Having made an attempt at consolidation between $2.15 and $2.80, the Internet Computer price spiked up to more than $4.00, only to drop back to $2.45. 

Currently, a gain of 4.75% has seen ICP rise to $3.08950, which is a break above the 20-period SMA and the upper Bollinger

MACD Bullish Crossover Point to Upward Potential

Source: TradingView

The MACD indicator also mirrors this trend. Following a swift decline from the peak seen in May, this momentum oscillator recently crossed into positive territory. 

The blue MACD line is now trading at 0.04302, having risen above the orange signal line, which is located at 0.00569, and rising green histogram bars confirm that buying momentum has surged.

Internet Computer Surpasses 288B Transactions Milestone

The data from Chainspect further highlighted that Internet Computer continues making new advances by hitting an incredible record of 288 billion non-query transactions. 

This achievement highlights the increasing usage and non-stop transactions within the platform as the developers and users are relying heavily on decentralized solutions to scale up operations.

Internet Computer Surpasses 288B Transactions Milestone

Source: Chainspect’s X Post

This increase in the number of transactions is a sign that more people have faith in the vision of Internet Computer for the future: a decentralized internet. 

As it can be seen that the activity related to gaming, DeFi, and even applications based on AI accelerate at unprecedented speeds, the Internet Computer continues to establish itself as one of the most vibrant blockchain ecosystems in the world.

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

Also Read: ICP Price Eyes $10 as Falling Wedge Breakout Hints at Massive Rally

Filed Under: Cryptocurrency News, Altcoin News

Jupiter Price Signals Reversal After Correction, Eyes $0.62 Breakout Zone

By Mishal Ali | Edited By Ammar Raza,June 2, 2026, 10:04 PM

Jupiter (JUP) is showing renewed bullish momentum after recovering from a recent correction, with rising trading activity and stronger buyer interest supporting further upside for the Jupiter price. Analysts believe the token could continue climbing in the near term, although market volatility may still remain high.

At the time of writing, JUP is trading at $0.2035 with a 24-hour trading volume of $56.92 million and a market capitalization of $675.66 million. Following the 7.62% gain over the last 24 hours, the JUP price structure and growing volume point to a bullish reversal.

Jupiter price chart

Source: CoinMarketCap

Jupiter Price Signals Breakout Toward $0.62 Resistance

Furthermore, the crypto analyst Wick revealed that the Jupiter price continues trading within a broader corrective structure, with analysts identifying the $0.1580–$0.1640 region as a key mid-term accumulation zone. 

Current market conditions suggest a bullish impulse could develop from these levels, potentially driving the token toward the primary resistance and profit-taking area between $0.5660 and $0.6250 in the coming sessions ahead.

Jupiter Price Signals Breakout Toward $0.62 Resistance

Source: Wick’s X Post

Despite the projected recovery rally, analysts believe the broader correction may remain incomplete. Once the Jupiter price approaches the $0.56–$0.62 resistance region, renewed bearish pressure could emerge, triggering a final capitulation phase toward the $0.0550–$0.0600 accumulation zone before the Jupiter price establishes a stronger foundation for the next long-term bullish market cycle ahead later.

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

RSI and EMAs Point to Improving Outlook for JUP

According to TradingView, the Jupiter price falls to 0.13500 in late March and continues to rise gradually until April. 

Mid-May brings about faster momentum, pushing the rate towards its highest of 0.27000. A sudden retracement to 0.18000 is soon countered by a strong green bullish candlestick formation at 0.20391.

RSI and EMAs Point to Improving Outlook for JUP

Source: TradingView

The Jupiter price is currently trading above the 20-day, 50-day, and 100-day EMAs, creating a close range of resistance from 0.19253 to 0.19853. 

However, there is a strong barrier at the 200-day EMA at 0.22721. From a different angle, the RSI indicator has retreated to 52.53, showing much more space for upward movement.

Rising Trading Volume Support Bullish Reversal Ahead

However, the JUP volume rose by 50.63% to reach a volume level of $101.09 million due to an increase in trader activity. The significant increase indicates that the market is becoming more volatile.

Rising Trading Volume Support Bullish Reversal Ahead

Source: Coinglass

The open interest declined by 3.78% to $42.75 million, indicating that the participants are more focused on closing their positions rather than entering any fresh positions.

Open interest indicates whether the underlying market is gaining strength or people are booking profits or lack confidence to continue with the trend.

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

Also Read: USDe Lending Market Goes Institutional as Jupiter, Bitwise Launch 2026 Product

Filed Under: Cryptocurrency News, Altcoin News

XRP Price Risks 10% Drop as Analyst Predicts Move to $1.14

By Athulyamol VS | Edited By Athulyamol VS,June 2, 2026, 9:30 PM

XRP price may be at risk of a further decline due to recent price movements, which suggest an imminent decline back down toward the $1.14 area. At press time, XRP was trading at $1.26, with a decrease of 2.8% over the past 24 hours.

XRP Breakdown Puts $1.14 Target in Focus

In a recent tweet, crypto analyst Ali Martinez shared a daily chart indicating that XRP has broken down below a symmetrical triangle on the daily timeframe. The breakdown signals a potential decline in price to $1.14, which would be about a 10% drop from where XRP is currently at.

The chart shows that after several months of consolidation, XRP price has broken down below the lower boundary of the triangle and is no longer able to support itself at those levels. Generally speaking, technical analysts view these types of breakdowns as being bearish, particularly when they follow extended periods of negative price action.

Martinez stated that XRP price is currently moving toward his previously identified target down based on what he identified as a confirmed breakdown of the triangle pattern.

ripple:native keeps marching toward my $1.14 target following the breakout from a symmetrical triangle. https://t.co/QVPCjMEKou pic.twitter.com/cpbZs1H2CY

— Ali Charts (@alicharts) June 2, 2026

Also Read: XRP Falls 66% From Peak as Analyst Identifies Buy Zones

Technical Indicators Continue to Favor Bears

According to TradingView data, XRP does have a bearish outlook with it trading at or below both of its 50-day and 200-day moving averages. Further, the RSI is currently close to levels indicating an oversold condition, indicating that bearish momentum has intensified.

Recently, XRP broke down below a key support level at $1.32, which should remain a significant factor impacting the price. If XRP cannot return to this support area, then further bearish movement may occur in XRP over the short-term time frame.

Technical Indicators Continue to Favor Bears
Source: TradingView

What Is Next for XRP?

Although XRP may experience a temporary relief rally due to being oversold, it still remains weak as long as it trades below major levels of resistance (failure to reclaim these resistance levels should keep bearish momentum alive). Continued bearish momentum from here will likely result in an eventual move toward the analyst’s price target of $1.14.

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

Also Read: XRP on Bitwise Powers Strong $259M Tokenized Fund

Filed Under: Cryptocurrency News, Altcoin News, Ripple (XRP)

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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.