TronWeekly

Crypto World News

You are here: Home / All Posts

All Posts

ARB Price Holds Key Support as Descending Channel Signals Reversal to $0.92

By | Edited By Messam Raza,,

Arbitrum (ARB) holds key support within a descending channel as buyers attempt to stabilize the ARB price after a long downtrend. Momentum shows early recovery signals, though confirmation is still needed for a stronger bullish move. Meanwhile, Coinbase’s x402 on Arbitrum advances automated AI-driven crypto payments.

At the time of writing, ARB is trading at $0.1191 with a 24-hour trading volume of $53.29 million and a market capitalization of $732.72 million. Despite the neutral price outlook, analysts are expecting a move above the upper boundary of the wedge pattern, which could pave the way to a strong trend reversal.

ARB current price

Source: CoinMarketCap

ARB Price Holds Key Support as Bullish Setup Forms

Furthermore, the crypto analyst Jonathan Carter highlighted that the ARB price is currently holding above the lower boundary of a descending 3-day channel, indicating that buyers are defending a key support zone despite ongoing bearish structure. 

The ARB price has already reacted from this area, with partial profits taken near the channel midline, where resistance typically emerges and slows upward momentum.

ARB price prediction

Source: Jonathan Carter’s X Post

In the event that support is maintained, then the configuration would be indicative of an opportunity for another run in the existing trend direction for the ARB price. 

Some upside resistances that traders should watch out for include $0.18, $0.25, $0.40, $0.63, and $0.92. However, for such a positive momentum to be confirmed, more buying interest is required.

Also Read: Arbitrum $71M ETH Plan Faces Court Block After DAO Approval

Technical Indicators Point to Fading Bullish Strength

According to TradingView, there have been evident downtrends of ARB’s macros starting from early 2024, declining from the price above $1.50 to below $0.07, breaking through important support levels.

Currently, there is a mild recovery rally taking the ARB price up to $0.1185. There seems to be an emerging trend of higher lows, marked by consecutive green weekly candles.

ARB price analysis

Source: TradingView

Technical signals show signs of emerging divergence from an oversold level. The RSI is rising to 39.59, piercing above the signal line since selling is reducing for the ARB price. 

Similarly, the MACD makes a bullish divergence with a green bar at 0.01275. The trend indicates that bearish momentum has stopped, and buyers have come back into the picture.

Arbitrum Powers Coinbase’s x402 Agentic Payment System

The data from Arbitrum further highlighted that agentic commerce represents an emerging foundation for the programmable economy in which AI agents can carry out transactions on their own without any input from humans. 

One such example is Coinbase’s x402, which is currently active on Arbitrum and enables AI agents to buy access to APIs, services, and software using stablecoins.

Arbitrum Powers Coinbase's x402 Agentic Payment System

Source: Arbitrum’s X Post

x402 operates on the scalable Layer-2 platform provided by Arbitrum, providing cheap and fast micro-transactions to drive machine-based economies. 

Artificial intelligence will be able to purchase data, computing power, or access to applications automatically, ushering the internet into an era of code-run economies. This is a huge step forward towards autonomous economies.

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

Also Read: Arbitrum Price Outlook: Support Retest Could Drice Next Move Toward $0.16

Ethereum Price Analysis: Will ETH Hold $2,170 Support?

By | Edited By Ammar Raza,,

Ethereum price analysis shows ETH under short-term pressure on Sunday as the token hovered near $2,185, on May 17, 2026. Analysts said the pullback still appeared corrective, but buyers needed to protect channel support to keep another recovery attempt alive now from this zone.

Analyst More Crypto Online highlighted that Ethereum remained weak in the near term. The analyst noted that the drop had not indicated a sell-off or bigger market top.

The main outlook depends on the support region. As long as ETH remains above the lower channel limit, the chart may be able to extend further to the upside.

Also Read: WIF Price Forecast: Falling Wedge Pattern Could Trigger a Bullish Move to $1.30

Ethereum Price Analysis Holds Focus on Key Support

Ethereum price analysis showed that the nearby support is at $2,170 and $2,122. If that area should lose further ground, then the next major support area of $2,037 may be in focus.

On the upside, ETH needs a clean break above $2,318 to improve its setup. The analyst added that the move could open the way toward the $2,646 region.

Source: X

The risk case continues to be connected to the bottom channel line. If it breaks below that support, then it has a greater probability of a bigger top.

Additionally, another analyst, Cryptorphic, mentioned that the momentum has weakened due to the rejection from the upper resistance range as well. The analyst noted that the recent move below local support showed that buyers were losing strength.

The current Ethereum price analysis focuses on the upward trendline around the $2,180-$2,200 mark. However, if ETH is unable to hold this zone and breaks below it, sellers may continue to move towards lower support levels.

Source: X

ETH Momentum Weakens as RSI Stays Below 50

As per TradingView data, ETH is currently hovering around $2,184.6 at the time of writing. It also showed a daily high of $2,197.60 and a daily low of $2,166.60.

The Relative Strength Index (RSI) indicated weak momentum on the daily chart. The RSI stood at 39.57, while its moving average was 49.95. This kept momentum below the neutral 50 mark and showed weak buyer control.

Source: TradingView

The Moving Average Convergence Divergence (MACD) data also supported a cautious view. The MACD line is at -20.2, and the signal line stands at -15. 8. The histogram is negative and around 4.4, indicating bearish pressure continued.

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

Also Read: Ethereum Price Prediction Shows Over 110% Upside Toward $4,800 Breakout Zone

Saylor Signals Strategy Bitcoin Buy as STRC Vote Nears

By | Edited By Messam Raza,,

Strategy Bitcoin plans returned to focus on Sunday after Michael Saylor signaled another possible purchase. He also urged STRC retail shareholders to vote on a proxy measure allowing semi-monthly dividend payments on Strategy’s perpetual Stretch preferred stock for holders now.

On X, Saylor has made a post titled “Big Dot Energy” that shows a bubble chart showing the company’s Bitcoin holdings over nearly six years. The chart came from StrategyTracker.com and has often appeared before Strategy announced new Bitcoin buying activity.

Source: X

Also Read: Bitcoin Price Rejected at $80,000 as Technical Indicators Flash Warning Signs

Strategy Bitcoin Focus Expands Ahead of STRC Vote

A fresh purchase would bring Strategy’s total Bitcoin holdings to 818,869. The value of those holdings was estimated at $67.2 billion at the current Bitcoin price of $77,996.91 at the time of writing, according to StrategyTracker.com.

The latest Strategy Bitcoin signal came as Saylor and Strategy’s official accounts promoted the STRC proxy vote. Retail shareholders control 80% of its perpetual Stretch preferred stock, Strategy said.

The offering would include a shift in paying STRC dividends from a monthly frequency to a semi-monthly frequency. The change would make reinvestment lag smaller and more liquid, support market efficiency, and make prices more stable, Strategy said.

Saylor urged shareholders to vote before the June 8 deadline. In another Sunday post, he asked STRC holders who had not voted to do so and said they could help set the $100 standard for digital credit.

Strategy Seeks More Retail Votes Before Deadline

The Strategy Bitcoin campaign also emphasizes the issue of retail shareholder turnout. A November research note from the Harvard Law School Forum on Corporate Governance said retail investors voted about 29% of their owned shares during the past five proxy voting seasons.

The participation of institutional holders was higher during the same period. The same research note said institutional investors voted about 77% of their shares, leaving a wide turnout gap between both groups.

Saylor and CEO Phong Le have rescheduled a live Q&A session with retail investors. It will take place on May 20 at 5pm ET and will be introduced with a podcast on Coin Stories by the host Natalie Brunell.

Shareholders are also invited to ask a question before the session as Strategy works to boost shareholder turnout, and the Q&A will be livestreamed on YouTube and X.

The Strategy Bitcoin update now requires the participation of shareholders to buy possible. Strategy Bitcoin focus remains on holdings, STRC votes, and the June 8 deadline.

Also Read: Strategy Bitcoin Debt Plan Advances with $1.5B Convertible Note Buyback

Chiliz (CHZ) Price Forecast: Bullish Structure Points a Recovery to $0.0647

By | Edited By Ammar Raza,,

Chiliz (CHZ) price shows a rounded-bottom recovery on the daily chart, holding key support while resistance limits upside. RSI indicates strengthening momentum near the overbought zone, and MACD confirms bullish crossover. News on fan token expansion and cross-chain growth supports sentiment, with structure remaining positive unless support breaks.

Chiliz Price Holds Above Key Fibonacci Support

Chiliz (CHZ) price on the daily timeframe shows a rounded-bottom recovery structure after falling from the $0.0647 swing high.

CHZ Price is currently trading near $0.0435, holding above the $0.0413 Fibonacci 0.382 support. Buyers continue defending higher lows, while resistance remains clustered between $0.0458 and the major $0.0502 breakout barrier.

The chart projection suggests a temporary pullback from the $0.0502 Fibonacci 0.618 level toward the $0.0413–$0.0400 support zone before continuation higher.

CHZ price prediction chart
Source: @MarzellCrypto

If bullish momentum strengthens, upside targets become $0.0566 at the 0.786 retracement, followed later by a possible retest of the previous $0.0647 macro resistance area for continuation, according to crypto analyst Alex Marzell.

Chaikin Money Flow remains positive near $0.05, indicating steady capital inflows despite consolidation beneath resistance. Sustained closes above $0.0458 and especially $0.0502 would confirm a stronger bullish continuation.

However, losing $0.0413 support could expose declines toward $0.0358 and potentially the broader rounded-bottom support region near $0.0300 afterward.  

Also Read: CHZ Price Prediction: Bulls Target $0.40 as 5-Year Resistance Is Tested

Bullish Crossover Confirms Recovery Strength

From a technical standpoint, the RSI (14) is providing more fuel for an upturn to 63.28, coming out of its neutral resting position and indicating increased buying pressure.

This is bolstered by the fact that the RSI Moving Average is at 53.39. However, as the indicator approaches 70, there is an early warning of overbuying while at the same time suggesting that the bearish view will persist.

CHZ tradingview chart
Source: TradingView

However, the MACD has been able to move into a bullish mode as the histogram, whose reading is currently 0.00039, turns positive following consolidation.

Currently, the MACD stands at 0.00105, while the signal line is at 0.00066, indicating a potential early bullish crossover. Momentum is gathering, implying a possible slow rise in the near term.

Chiliz Fan Token Ecosystem Expands Globally

The Chiliz (CHZ) ecosystem is continually expanding as it is responsible for powering the integration of fan tokens such as the “$POR Fan Token” of the Portugal National Team.

The tokens are developed through licensed IP collaborations and significantly increase the real-world applicability of the fan tokens.

Given that omnichain functionality is now in place, POR will be available from Chiliz Chain to Solana and Base.

The trend towards interoperability may contribute to growth in the CHZ ecosystem, with fan tokens gaining more exposure through other chains and their integration into DeFi platforms.

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

Also Read: Chiliz Price Prediction: CHZ Signals Possible 2,700% Rally

ATOM Price Forecast: Accumulation Phase Points to a Rally Toward $14.50

By | Edited By Ammar Raza,,

Cosmos (ATOM) is stabilizing after a prolonged downtrend near key support, suggesting accumulation and potential reversal for the ATOM price. Short-term indicators show mild recovery but weakening momentum, indicating consolidation. A sustained breakout would require stronger volume confirmation.

At the time of writing, ATOM is trading at $2.04 with a 24-hour trading volume of $83.77 million and a market capitalization of $1.04 billion. After the 2.35% surge over the last 24 hours, now the everyone’s focus is on whether the ATOM maintains its upward breakout after the support bounce or trigger a pullback.

ATOM price chart

Source: CoinMarketCap

Also Read: Cosmos (ATOM) Bullish Breakout Signals a Strong Move Toward $10 Resistance

ATOM Price Accumulation Could Trigger Upside Move

However, the crypto analyst Jonathan Carter highlighted that the ATOM price is currently stabilizing after an extended downtrend, with price action testing the lower boundary of a descending channel on the weekly timeframe. 

This region often acts as a technical support zone where selling pressure begins to weaken. Market structure suggests a potential shift in momentum as price compresses near historical lows.

At such discounted prices, the value investors are silently increasing their positions with hopes of a recovery. The participation by the channel support reveals that buyers are entering the market to absorb the excess supply. 

Such a scenario is typical at the end of a bearish trend when sellers are no longer able to sell more shares, and the price range starts consolidating.

ATOM price prediction

Source: Jonathan Carter’s X Post

In case a bounce comes out clearly with good bullish pressure, the ATOM price can initiate a rally that moves towards the upper resistance levels. 

Potential targets for the ATOM price are $2.50, $3.80, $5.50, $8.00, $10.50, and $14.50. However, further confirmation will require significant volume and sustained momentum.

Technical Indicators Point to a Recovery Attempt

According to TradingView, the ATOM price is seeing a strong bounce-back, even if there is a minor problem holding it back temporarily. 

This ATOM price has fallen from $2.22 all the way down to $1.90 before rallying again. Its current price stands at $2.04410 and holds above the middle Bollinger band of $2.01232, while resistance exists just below the upper Bollinger band at $2.11301.

ATOM Technical Indicators Point to a Recovery Attempt

Source: TradingView

This trend is also supported by MACD crossover signals, where a positive histogram signal has recently formed as the blue line has crossed above the orange line. 

However, as the lines flatten out and the histogram bars narrow, upward movement is losing momentum, possibly signaling a consolidation period for the asset before retracing to test MA support.

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

Also Read: Cosmos (ATOM) Strong Demand Zone Could Spark a Rally Toward $2.69

TRX Price Surges as Institutional Buying Grows: Is $0.47 the Next Target?

By | Edited By Ammar Raza,,

TRON (TRX) is testing a major resistance zone as bullish momentum strengthens. Technical indicators and rising buying pressure suggest potential upside for the TRX price if the breakout holds. Meanwhile, Tron Inc.’s latest TRX purchase reflects growing institutional confidence in the TRON ecosystem.

At the time of writing, TRX is trading at $0.3569 with a 24-hour trading volume of $610.1 million and a market capitalization of $33.83 billion. After the 1.39% surge over the last 24 hours, now everyone’s focus is on whether the previous resistance caps the upward momentum again or paves the way for a strong uptrend.

TRX Price chart

Source: CoinMarketCap

TRX Price Could Rally to $0.47 if Breakout Holds

According to the crypto analyst Chiefrat, the TRX price is once again testing the crucial $0.36–$0.37 resistance zone, the same area that rejected its previous major rally. 

After months of gradual upside movement, bulls continue building momentum as buying pressure strengthens. Traders are now watching closely for a decisive breakout that could confirm renewed market confidence in TRX price breakout.

TRX price analysis

Source: Chiefrat’s X Post

If the TRX price succeeds in breaking through the resistance level, it will have its next potential gain towards $0.416, as expected by analysts. If the upward movement persists, the $0.476 level would be the subsequent target. 

However, the current level acts as the battleground between bulls and bears. The question is whether bulls will be able to overcome bears.

Also Read: TRON (TRX) Builds Strength Above $0.32 as Bulls Stay Active

Technical Indicators Support Bullish Reversal

According to TradingView, the upward momentum of the TRX price is still going strong. After a retracement that held ground around the level of $0.28000 just above the 100-day EMA, an evident trend reversal occurred during the early part of 2026. At present, the TRX price is standing at $0.35681 while attempting to reach the previous peak.

TRX technical indicators

Source: TradingView

As the prices keep rising, the relative strength index (RSI) reflects this and shows the presence of aggressive buying. The RSI falls into the state of overbuying with the value of 78.16, which is far above the level of the yellow alert line. 

This indicates the presence of an extremely powerful bullish potential for the TRX price that may soon correct itself with a pullback to the 20 EMA of $0.33055.

Tron Inc. Expands TRX Treasury With New Purchase

The data from Tron Inc. further highlighted that the firm further enhanced its crypto treasuries strategy with yet another investment in the form of 141,873 TRX tokens, which cost them an average of $0.3524 per token. 

This latest investment brought their TRX token holdings past the 696.4 million mark. Their conviction in the future success of the TRON network is evident here.

Tron Inc. Expands TRX Treasury With New Purchase

Source: TRONSCAN

This is in view of the fact that building up the treasuries of the Tron digital asset continues to be one of the focal points in the company’s strategy for increasing its shareholder value in the coming years. 

The consistent build-up of the TRX can be seen as an indication of the rising interest of institutions in alternate digital assets through public companies.

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

Also Read: TRX Price Prediction: Bullish Breakout Signals Potential Rally Toward $0.38

RENDER Price Prediction: Strong Fundamentals Could Fuel Long-Term Move to $50

By | Edited By Ammar Raza,,

RENDER price is showing upside potential as fundamentals are improving, AI-driven GPU demand rises, and token burns reduce supply. Network capacity is expanding, yet RSI and MACD show neutral consolidation. Long-term outlook depends on continued AI adoption, with strong potential upside.

At the time of writing, RENDER price is trading at $1.82 with a 24-hour trading volume of $26.87 million and a market capitalization of $944.23 million. Despite the neutral price outlook, participants are eager to see whether RENDER’s growing fundamentals could push the price to new highs ahead.

RENDER Price

Source: CoinMarketCap

Also Read: RENDER Price Could Surge to $12 Following Descending Channel Breakout

RENDER Price Could Surge to $50 Amid Strong Fundamentals

Furthermore, the crypto analyst Crypto Patel revealed that RENDER price remains down more than 86% from its all-time high despite fundamentals strengthening across its decentralized GPU network. 

Over 71 million frames have been rendered, while AI workloads now account for 35–40% of total usage. This divergence between price and adoption highlights growing infrastructure demand across AI compute markets globally in the current cycle.

The core fundamentals continue to become increasingly stronger thanks to the burn-and-mint mechanism through Render: each GPU task burns the RENDER tokens, increasing the pressure on supply. 

According to reports, token burns increased by 278%, while integration with the Salad Network added about 60,000 GPUs. Enterprise hardware NVIDIA H200 and AMD MI300X increase capacity and prepare the way for massive adoption of AI computing needs.

RENDER Price chart

Source: Crypto Patel’s X Post

The narrative of RENDER is based on two cogs. At the RenderCon 2026 event, players associated with NVIDIA, Stability AI, and WME took to the stage while global spending on AI is headed toward hitting the $2 trillion target. 

According to reports, Grayscale has approximately 22% exposure among crypto investments focused on AI. While the bulls see a broad runway for gains between $10 and $25, optimistic projections are closer to the $50 level.

Momentum Indicators Point to a Neutral Outlook

According to TradingView, the RSI is steadily holding at 50.65, just below the yellow warning line of 52.86. 

Following a bounce after falling into an extreme oversold condition towards the end of last year and reaching a peak level in the early part of 2026, the RSI has since stabilized. Here, buying and selling momentum are perfectly balanced.

RENDER Momentum Indicators Point to a Neutral Outlook

Source: TradingView

The MACD indicator supports the impression of a quiet and low-volatility consolidation. The blue MACD line at 0.04392 remains very close to the orange signal line at 0.04041, generating a histogram very close to the horizontal level at 0.00351. 

The squeeze suggests that while bearish momentum is now gone, bullish momentum still needs to develop.

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

Also Read: RENDER Price Prediction: Breakout Above $2.05 Could Trigger Strong Rally

QNT Price Breakout Targets $360 Rally After Reclaiming Key Moving Averages

By | Edited By Ammar Raza,,

Quant (QNT) shows bullish momentum after breaking above key moving averages, while the RSI signals continued buying strength for the QNT price. However, declining open interest and trading volume reflect cautious sentiment and weaker participation in the derivatives market despite improving price structure.

At the time of writing, QNT is trading at $79.56 with a 24-hour trading volume of $19.09 million and a market capitalization of $940.2 million. Despite the 7.21% decline over the last 24 hours, participants are waiting to see if the QNT price could pass the key resistance to trigger a reversal.

QNT price

Source: CoinMarketCap

Quant Price Outlook Turns Bullish After Support Rebound

According to the crypto analyst Jonathan Carter, QNT appears to be gaining traction amid its resurgence from an important level of support, signaling the potential emergence of a new uptrend. 

Technical analysts suggest that the asset is now on the verge of a vital breakout phase, supported by buyers’ unwavering resistance against lower highs. Increased optimism has led to hopes that QNT might soon begin an impressive rise.

Quant Price Outlook Turns Bullish After Support Rebound

Source: Javon Marks’ X Post

Assuming that there is a breakout, the QNT price is seen to be moving towards the price level of $360, implying around 328% growth from its present price point. 

This amounts to an almost 4.28x profit in terms of percentage. This will translate into gains of more than four times, which would make QNT one of the best altcoin performers.

Also Read: Quant (QNT) Stabilizes at $70 Before Possible $260 Expansion Wave

QNT Price Eyes Breakout Above Key Moving Averages

According to TradingView, the QNT price has finally broken higher following a long-term consolidation trend. 

It surpassed its 20, 50, and 100 EMAs and peaked around the $84 mark before encountering rejection from the 200 EMA level. At present, the QNT price is retracing back down to $79.47, testing the strength of the new upturn.

QNT Price Eyes Breakout Above Key Moving Averages

Source: TradingView

The RSI indicator supports this current rally, where the purple curve climbs way above the yellow signal line and touches 66.10. 

On the verge of entering the overbought territory, it indicates that the strong buying trend has potential for further expansion. The current stabilization follows suit with the QNT price action, implying a possible consolidation phase before deciding on the future direction.

Derivative Data Points to a Cautious Outlook

Despite this constructive price structure, derivative data point to a cautious outlook. According to Coinglass, the QNT open interest has dropped by 4.10%, to reach $22.07 million. The decline implies that the current open interest is being reduced by market players, not increasing it, thus implying weak investor participation.

Derivative Data Points to a Cautious Outlook

Source: Coinglass

The trading volume declined by 10.05% to $52.34 million. This decline reflects lower demand and supply in the market and suggests that there might be weaker momentum or lower liquidity in the market.

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

Also Read: QNT Price Shows 60% Upside Potential as Bulls Challenge Resistance Trendline

IOTA Price Analysis: Bullish FVG Retest Signals Breakout Toward $0.0671

By | Edited By Ammar Raza,,

IOTA shows a bullish fair value gap retest after a market structure shift, suggesting potential continuation if support holds. However, recent rejection and bearish momentum indicate short-term weakness for the IOTA price. Upside depends on confirmation, with invalidation below key support.

At the time of writing, IOTA is trading at $0.05597 with a 24-hour trading volume of $9.71 million and a market capitalization of $248.75 million. Following the signs of stability over the last 24 hours, the traders are eager to see if the fear value gap retest could trigger a bullish wave or push the price deeper.

IOTA price chart

Source: CoinmarketCap

Also Read: IOTA Price Analysis: RSI at 38.31 Signals Recovery Toward $0.06 Targets

IOTA FVG Retest Points to a Breakout toward $0.0671

The crypto analyst Crypto Patel revealed that IOTA is showing a technically significant setup as the price retraces into a bullish fair value gap following a confirmed market structure shift. The higher timeframe structure remains intact, suggesting continuation potential despite the short-term pullback. 

Liquidity has been swept internally, indicating possible preparation for expansion toward higher resistance zones above for the IOTA price in the coming sessions.

The IOTA price is retracing towards the bullish fair value gap, which is an area viewed by traders as a potential demand level, which means that the bulls could come back into play if the structure holds up. 

The presence of liquidity above suggests that the price may be heading to the next level. However, the bias remains bullish but awaits confirmation on the lower time frame structure to go for the upside targets.

IOTA FVG Retest Points to a Breakout toward $0.0671

Source: Crypto Patel’s X Post

In case of the emergence of a positive reaction from the FVG area in the asset, the IOTA price may make a move towards key liquidity areas such as 0.0610, 0.0650, and 0.0671. 

However, in case of closing below 0.0540 during the trading day, the trade setup will become void and the bullish structure lost. Overall, the scenario can be described as a continuation setup.

IOTA Price Faces Short-Term Bearish Pressure

Despite the bullish price setup, the IOTA price encountered a quick reversal after a brief rally witnessed in mid-May. 

According to TradingView, the IOTA price slid downwards from March, stabilizing at around $0.0540 in April before rising sharply to $0.0660. However, a wave of sell-offs forced a quick retracement back to $0.05604, below its 20-day SMA.

IOTA Price Faces Short-Term Bearish Pressure

Source: TradingView

Technical indicators show a sharp fall in bullish momentum. The Bollinger Bands have expanded massively amid increased volatility, but the price action is moving towards the lower boundary. 

Moreover, the MACD lines are turning down to form a bearish cross, while the histogram turns red to reflect that buying interest is now almost non-existent.

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

Also Read: IOTA Price Stabilizes at $0.057: Is a Major Rally to $0.25 Coming Next?

SUI Price Prediction: Support Retest Could Determine Next Move to $1.40

By | Edited By Ammar Raza,,

SUI price is pulling back after a strong rally, testing key support while the uptrend remains intact. RSI cooled to neutral, and MACD turned bearish, showing short-term weakness. Additionally, lower volume and open interest also indicate reduced participation and a likely consolidation phase.

At the time of writing, SUI is trading at $1.06 with a 24-hour trading volume of $369.72 million and a market capitalization of $4.26 billion. Despite the expectations for a bullish reversal, the SUI price remained in a neutral phase over the last 24 hours.

SUI price chart

Source: CoinMarketCap

SUI Support Test Could Trigger Renewed Momentum

The crypto analyst BitGuru pointed out that SUI is pulling back after a strong bullish rally, easing into a key support zone as the market cools and traders take profits. 

The SUI price still maintains a broader uptrend structure, with buyers closely monitoring this area where demand previously stepped in and reversed selling pressure during earlier consolidation phases.

SUI Support Test Could Trigger Renewed Momentum

Source: TradingView

If this support level holds, momentum could quickly return, potentially driving a renewed upside move for the SUI price as buyers regain control. 

A successful defense may open the path toward the 1.20–1.40 range, where prior resistance sits. However, losing this zone could extend the correction, making it a critical decision point for near-term direction.

Also Read: SUI Price Breakout Holds: Bulls Eye $4.20 Target After Pullback Signal

Momentum Indicators Support Cautious Optimism

The momentum indicators also support this cautious price structure. According to TradingView, RSI (14) switches from a bullish phase to a bearish phase due to the recent downward spike in the SUI price. 

The purple RSI indicator has dropped from its overbought level of 80 to close at 51.54, below the yellow moving average of 62.98. This sharp fall may indicate that the bulls are losing steam.

SUI Momentum Indicators Support Cautious Optimism

Source: TradingView

Meanwhile, the MACD indicator cements the bearish turn by generating a fresh bearish crossover. The blue line moves below the orange line, while the bars on the histogram turn red and contract towards zero. 

Such an arrangement indicates that short-term sellers control market activity and prevent the SUI price from moving upwards.

SUI Derivative Data Point to Mixed Outlook

Furthermore, derivative data also support the consolidation phase; the SUI open interest fell by 0.35% to $685.19 million, implying that there is a slight reduction in the number of derivative instruments in place. Looking at the wider context of the recent trading trend, it means that traders are being conservative and reducing their position sizes.

SUI Derivative Data Point to Mixed Outlook

Source: Coinglass

The trading volume fell by 29.08% to close at $752.62 million. The fall indicates low liquidity and weak momentum in the market, suggesting that the traders are more careful in their investments due to the prevailing market situation in the short term.

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 Breaks Descending Channel as Momentum Builds Toward $4.20