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RAVE falls 10% – What’s next as liquidations rise and OI collapses?
Long liquidations rise sharply, and fading Open Interest points to RAVE's continued bearish run.

AMB Crypto 2026-05-01 00:00
Can Ethereum hold $2.2K after WLFI and Genesis sold over 9,900 ETH?
Trump's World Liberty linked and Genesis Trading moved 9,982 ETH, worth $22.65 million.

AMB Crypto 2026-04-30 23:00
BAT address activity hit 6-year high, will price follow?
The Basic Attention Token (BAT) token extended its price decline below $0.10 on Thursday as selling pressure across cryptocurrencies halted the recent spike. All the top coins in the market, including Bitcoin and Ethereum, have shed gains as risk assets reacted to interest rate decisions and ongoing uncertainty in the US-Iran war. BAT, therefore, faces a potential downward spiral. Any recovery for the token’s price will hinge on what happens in the broader crypto market. However, could an ecosystem milestone involving a significant surge in on-chain activity help bulls? Basic Attention Token address activity explodes The BAT token remains off its all-time high reached in 2021, and is down 53% year-to-date. Sellers continue to dominate since the local top hit in early December 2025. The gains mirrored the surge in prices of privacy-focused coins, with Basic Attention Token rising as Zcash (ZEC), Monero (XM), Dash (DASH), and Decred (DCR), among others, pumped. Most of these coins have since shed much of the upside amid broader selling. But while momentum evades buyers, on-chain data indicates the platform has recorded its biggest daily jump in address activity in six years. Per Santiment, about 5,196 unique addresses interacted on the network following the setup of a DAO and the transfer of 73 million GUANO tokens. According to Santiment, this surge in unique address activity comes as the BAT community, contributors, and ambassadors embrace the project’s DAO initiative. This decentralized organization is focused on network governance, experimentation, and incentive alignment within the ecosystem. While the event signifies a notable engagement milestone, analysts caution that the spike is tied to a specific governance event rather than a spontaneous expansion in daily browser usage or advertising demand. "This wasn’t organic retail usage alone. It was a structural event that forced dormant or inactive wallets back on-chain all at once," the platform noted. BAT price outlook CoinMarketCap data shows BAT price hovers around $0.096, down 2.6% in the past 24 hours and 4% this past week. The Brave-linked token continues to face headwinds as it navigates a challenging broader market environment, and upside momentum is only likely to come amid fresh user growth and expanded real-world utility. Basic Attention Token chart by TradingView From a technical perspective, the $0.090 level serves as critical psychological support. Should the broader crypto market experience increased volatility, a failure to hold this support could invite further selling pressure. Meanwhile, bulls face immediate overhead resistance in the $0.10 to $0.13 range, where previous consolidation occurred before the latest slide. A sustained breakout above this level would be required to shift the short-term sentiment from bearish to neutral. If bulls reclaim control, the next supply zone hovers around $0.20-$0.22. The post BAT address activity hit 6-year high, will price follow? appeared first on Invezz

Invezz 2026-04-30 22:11
XRP Price Prediction: RLUSD Pushes Ripple Stablecoin Adoption, But XRP Lags
XRP price trades just a few levels below $1.40 after clearing a key resistance level, which then lags. The token’s price action has remained stubbornly muted even as Ripple’s stablecoin ecosystem posts record numbers. RLUSD’s market cap has surged to $1.59 billion, with 24-hour trading volume spiking 143% as BlackRock adopted it as collateral. OKX’s listing of RLUSD as institutional collateral marks a structural upgrade too, moving it from a tier-two exchange asset to a genuine money-market instrument. LATEST: Ripple and OKX have partnered to list RLUSD across more than 280 spot pairs, with the stablecoin also available as margin collateral for derivatives on the exchange. pic.twitter.com/tqZHVtdyZO — CoinMarketCap (@CoinMarketCap) April 29, 2026 Ripple ecosystem is firing on multiple cylinders, with MEA expansion deals closing , central bank payment integrations deepening, record XRPL transaction volumes printing, while XRP spot price consolidates in a tight band. Discover: The best crypto to diversify your portfolio with Can XRP Price Hit $2.80 Before Year-End? XRP currently trades in the $1.37–$1.40 range, having cleared the $1.40 resistance level before falling back under it again. The volume driven by stablecoin positioning doesn’t always carry the same weight as organic spot demand. Support sits at $1.33; a clean hold above $1.40 on a daily close would confirm the level as new support. Momentum indicators suggest consolidation rather than a clean directional trend. The price is holding its ground, but moving averages show no strong bullish divergence yet. XRP USD, TradingView If RLUSD can hit the $2 billion market cap milestone, it would likely trigger institutional liquidity flows that spill into XRP. Analysts at Standard Chartered target $2.80 by year-end under this scenario, conditional on RLUSD reaching $1 billion supply thresholds. Garlinghouse’s recent commentary reinforced the long-term payments narrative, but near-term price action hinges on whether the $1.40 level holds through the week. Watch it closely. Discover: The best pre-launch token sales LiquidChain Targets Early-Mover Upside as XRP Tests Key Levels XRP at $1.40 represents a cleaned-up technical picture, but at a $73+ billion market cap, the multiples needed for life-changing returns require a very specific macro setup. That’s the honest math. Traders rotating between established large-caps and genuinely early-stage infrastructure are increasingly looking one layer deeper in the stack. Moving in silence. While the noisy pretend to be progress. ⟁ https://t.co/vqvBcdSQYC pic.twitter.com/wE63W9d7eE — LiquidChain (@getliquidchain) April 30, 2026 LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: Bitcoin, Ethereum, and Solana liquidity shouldn’t live in silos. Its Unified Liquidity Layer fuses all three ecosystems into one execution environment. With Liquid, developers deploy once, access all three, with verifiable settlement baked in. The presale is live at $0.01454 per $LIQUID , with more than $700k raised, and not to forget, it’s 1500% APY rewards. Single-Step Execution and Deploy-Once Architecture are the headline technical features. Research LiquidChain before the next price increase. The post XRP Price Prediction: RLUSD Pushes Ripple Stablecoin Adoption, But XRP Lags appeared first on Cryptonews .

cryptonews 2026-04-30 21:56
Crypto Buying Opportunity: Peak Indifference Signals a Golden Window for Investors
BitcoinWorld Crypto Buying Opportunity: Peak Indifference Signals a Golden Window for Investors NEW YORK, USA — A prominent crypto analyst and trader, known as Flood, has identified what he calls a golden buying opportunity in the cryptocurrency market. Flood, who commands 281,000 followers on X, states that investor indifference toward digital assets has reached its peak. He compares the current sentiment to the apathy he felt in 2019 and 2022. During those years, he nearly left the crypto space for traditional finance. Instead, he stayed and earned significant profits. What Is a Golden Buying Opportunity in Crypto? A golden buying opportunity refers to a market condition where asset prices are deeply undervalued due to widespread pessimism. Flood argues that the current level of disinterest is historically rare. He notes that many investors now feel disillusioned. They have witnessed years of altcoin scams and deception. This has led many to consider moving capital into the booming AI sector. Why Market Indifference Creates a Golden Buying Opportunity Market indifference often precedes major price reversals. When the crowd loses interest, selling pressure diminishes. This allows patient buyers to accumulate assets at low prices. Flood emphasizes that the greatest risk-to-reward ratio in history could await those brave enough to stay. He believes it will become easier to generate enormous returns as upside potential concentrates in a few assets. The 2019 and 2022 Precedents Flood draws direct parallels to 2019 and 2022. In 2019, Bitcoin traded near $3,000 after a brutal bear market. Many declared crypto dead. Flood nearly quit. In 2022, the collapse of FTX and Terra sent shockwaves through the industry. Again, indifference peaked. Both years preceded significant rallies. Bitcoin surged to $69,000 in 2021 and rebounded above $30,000 in 2023. How Altcoin Scams Contribute to the Golden Buying Opportunity Years of altcoin scams have eroded trust. Projects like Luna and FTX collapsed spectacularly. Investors lost billions. This deception has made many skeptical of all crypto assets. Flood argues this skepticism is natural. However, he warns that avoiding the market entirely means missing the recovery. He predicts a sharp re-evaluation of Bitcoin’s price this year. Concentration of Upside Potential Flood predicts that upside potential will concentrate in a few key assets. This means that not all cryptocurrencies will recover equally. Bitcoin and a handful of strong projects may absorb most of the capital inflow. This concentration makes the golden buying opportunity even more critical for selective investors. Expert Analysis on the Current Market Sentiment Other analysts echo Flood’s sentiment. Data from the Crypto Fear & Greed Index shows extreme fear levels. Trading volumes have dropped across major exchanges. Open interest in futures has declined. These metrics all point to widespread indifference. Historically, such conditions precede major upward moves. Timeline for the Predicted Rally Flood expects the scenario to unfold within this year. He cites on-chain data showing accumulation by large holders. Bitcoin’s supply on exchanges continues to shrink. This indicates that long-term investors are buying. Short-term traders are exiting. This divergence often signals a bottom. Impact on Retail and Institutional Investors For retail investors, the golden buying opportunity offers a chance to enter at low prices. For institutions, it provides a favorable risk-reward ratio. Flood advises against panic selling. He recommends focusing on assets with strong fundamentals. These include Bitcoin and projects with real-world utility. Comparison with Traditional Finance Traditional finance also shows signs of uncertainty. Interest rates remain high. Inflation concerns persist. Some investors view crypto as a hedge. Others see it as a speculative bet. Flood’s analysis suggests that the current indifference is a contrarian signal. Those who act now may benefit disproportionately. Conclusion In summary, the current peak in crypto market indifference presents a golden buying opportunity . Analyst Flood draws on his experience from 2019 and 2022 to support this view. He warns that altcoin scams have caused natural disillusionment. However, he believes that staying invested offers the best risk-to-reward ratio in history. With upside potential concentrating in a few assets, selective accumulation could yield enormous returns. Investors should consider this moment as a potential turning point for Bitcoin and the broader market. FAQs Q1: What is a golden buying opportunity in crypto? A: A golden buying opportunity is a market condition where asset prices are deeply undervalued due to widespread pessimism and indifference, offering a favorable entry point for investors. Q2: Who is the trader Flood mentioned in the article? A: Flood is a prominent crypto analyst and trader with 281,000 followers on X. He correctly identified similar buying opportunities in 2019 and 2022. Q3: How does market indifference create a buying opportunity? A: When investors lose interest, selling pressure drops. This allows patient buyers to accumulate assets at low prices before a potential price reversal. Q4: Why does Flood mention altcoin scams? A: Altcoin scams have eroded trust in the crypto market. Flood argues that this disillusionment is natural but warns that avoiding the market entirely means missing the recovery. Q5: What assets does Flood recommend for this golden buying opportunity? A: Flood recommends focusing on assets with strong fundamentals, such as Bitcoin and projects with real-world utility, as upside potential will concentrate in a few key assets. This post Crypto Buying Opportunity: Peak Indifference Signals a Golden Window for Investors first appeared on BitcoinWorld .

Bitcoin World 2026-04-30 21:35
WhiteBIT Coin (WBT) jumps above $57, just 10% below ATH: check forecast
WhiteBIT Coin (WBT) has pushed back into the spotlight after climbing above the $57 level, placing it just about 10% below its all-time high of $64.11. The move comes amid a period of unusual strength for the token, with price action showing clear independence from the broader crypto market , supported by both regulatory developments and strong trading activity. Why is the price of WBT rising? The main driver behind WBT’s recent rally is a major regulatory milestone tied to its ecosystem. WHITE TECH, a core company within the W Group associated with WhiteBIT’s founder, has received authorisation from Croatia’s financial regulator HANFA to operate under the European Union’s Markets in Crypto-Assets (MiCA) framework. This approval strengthens the ecosystem’s legal footing within the EU and is seen as a key step toward expanding regulated crypto services across Europe. The market reaction was immediate. WBT rose 4.9% within hours, moving from the mid-$53 range to around $57.26. Trading activity also surged, with 24-hour volume jumping nearly 97% to approximately $139 million, up from earlier averages of around $118 million. Such a sharp increase in participation suggests the rally is backed by strong buyer conviction rather than thin liquidity. Market structure shows controlled bullish momentum From a technical perspective, WhiteBIT Coin continues to maintain a strong upward trend. The token is trading above all major exponential moving averages (EMAs), including the 10-day, 20-day, 50-day, 100-day, and 200-day indicators. This alignment indicates that both short-term and long-term trends remain firmly bullish. WhiteBIT Coin price analysis At the same time, the Relative Strength Index (RSI) stands near 61.93, placing it in neutral territory and suggesting the asset is not yet overbought. WhiteBIT Coin (WBT) price forecast Looking ahead, traders are watching a clearly defined technical range. Immediate resistance lies at $58.93, followed by the key psychological level at $60. A sustained breakout above these levels could push WBT into price discovery territory and bring its previous all-time high near $64 back into focus. On the downside, initial support is seen at $55, with a stronger support zone around $54.58. A sustained break below this range could open the door to a broader correction, with medium-term projections pointing to potential retracement levels around $42.24 and, in a more extended downside scenario, near $31.94. For now, WBT remains in a structurally bullish position, supported by regulatory progress, strong trading volume, and a fully aligned moving average setup. The next decisive move will depend on whether buyers can sustain momentum above resistance or if profit-taking emerges near the $60 level. The post WhiteBIT Coin (WBT) jumps above $57, just 10% below ATH: check forecast appeared first on Invezz

Invezz 2026-04-30 18:12
XRP sentiment hits 2-year high, but price remains stuck – Why?
XRP sentiment surged sharply, but weakening participation kept price stuck in consolidation.

AMB Crypto 2026-04-30 18:00
Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target?
Grayscale’s Zcash Trust (ZCSH) just doubled its trading volume, pushing daily volume past $2 million as Zcash’s shielded supply reached an all-time high. Two separate signals, one institutional, one on-chain, converging at the same time, is not a coincidence you ignore. Shielded supply now represents approximately 30% of ZEC’s circulating supply, its highest share on record. The question is whether this is a structural shift in how investors and users engage with Zcash, or a short-term spike with nowhere to go in May. Source: TheBlock Discover: The best crypto to diversify your portfolio with Can Zcash Price Break Resistance at $400 or Does $220 Come First? ZEC is sitting at $335 on the daily chart, and the most notable thing here is the massive recovery from the February lows near $185, with ZEC price nearly doubling before running into the $400 resistance zone and getting rejected back down. That $400 level marked as the red dotted line is the key ceiling; it rejected price hard in April and is the line that separates the current recovery from a genuine trend reversal attempt. Source: Tradingview Price is now sitting in a consolidation zone between roughly $300 and $380, churning after the initial recovery momentum faded, and the structure suggests it needs to either build another base here or risk sliding back toward the $240 to $260 range, where support sits below. On the upside, reclaiming $400 opens the path toward $457 first, then $527 and $600 as the higher targets marked on the chart, all of which were prior support and resistance zones from the November to December range. The daily chart shows a coin that made a significant bottom and has recovered well, but is now at a decision point where the easy gains from the lows have already been taken, and the next leg requires actually breaking through real resistance rather than just bouncing off a floor. $400 is the level to watch. Until it flips, this is still a recovery trade, not a breakout. Discover: The best pre-launch token sales The post Grayscale’s Zcash Trust Just Doubled Its Volume as Shielded Supply Hit an All-Time High: Is $400 the Next Target? appeared first on Cryptonews .

cryptonews 2026-04-30 17:19
Stellar (XLM) price continues its 7-day decline: check forecast
Stellar (XLM) has been moving through a weak stretch in the market, extending its decline over the past seven days even as the network continues to push new development initiatives. The token is currently trading around $0.159, showing only mild short-term recovery attempts after slipping under key technical levels. Despite occasional intraday rebounds, the broader structure still reflects pressure from sellers. Over the last 24 hours, XLM has dropped by 1.7%, adding to the consecutive sessions of downward movement. Technical pressure dominates short-term movement From a technical standpoint, Stellar is still trading below all major exponential moving averages, including the 50-day, 100-day, and 200-day EMAs, which are clustered between approximately $0.166 and $0.209. Stellar (XLM) price chart This positioning places the asset in a clear resistance zone overhead, where past rallies have struggled to sustain momentum. The 50-day EMA near $0.166 is the first immediate barrier. Above that, the 100-day EMA around $0.178 and the 23.6% Fibonacci retracement near $0.201 form a broader supply region. The 200-day EMA at roughly $0.209 remains the upper boundary that would need to be reclaimed for any meaningful shift in trend structure. Momentum indicators also reflect the market weakness. The Relative Strength Index (RSI) sits around 43, signalling that buyers are still not in full control but also that the market has not reached oversold territory. At the same time, the MACD remains in negative territory, confirming that downside momentum has not fully cleared. On the support side, the nearest level to watch is around $0.144, which aligns with a previously broken trendline. Below that, stronger structural support is seen near $0.136, where price has historically attracted buying interest during broader pullbacks. Stellar expansion efforts continue with EMEA Accelerator launch While price action has been under pressure, Stellar has continued expanding its ecosystem footprint through institutional and startup-focused initiatives. The Stellar Development Foundation recently introduced an EMEA Accelerator program in partnership with CV Labs , targeting blockchain startups across Europe, the Middle East, and Africa. The program offers selected startups up to $150,000 in XLM funding per project, along with technical development support, tokenomics guidance, and access to investor networks. The focus areas include payments infrastructure, tokenised real-world assets, and decentralised finance applications, all of which align with Stellar’s long-term positioning as a settlement layer for digital value transfer. The timing of the accelerator is notable given Stellar’s existing integrations across emerging markets. Payment channels involving firms such as MoneyGram, Flutterwave, Chipper Cash, and Yellow Card already provide practical exposure in regions where cross-border payments remain costly and slow. The EMEA region alone represents more than 2 billion people, making it a significant expansion zone for blockchain-based financial services. Market structure remains disconnected from long-term narrative Despite these ecosystem developments, price action has not reflected the same momentum. Stellar’s current valuation at around $0.159 remains well below its short-term resistance levels, and trading volume at roughly $96.7 million in 24 hours suggests moderate participation rather than strong accumulation. Historically, XLM remains significantly below its all-time high of $0.8756 recorded in January 2018, highlighting the long recovery path still ahead. However, it is also far above its early-cycle lows near $0.0004761 in 2015, showing the long-term expansion of the network despite recent volatility. While Stellar continues to push initiatives tied to AI-driven payments, micropayments infrastructure, and startup ecosystem growth, the chart structure continues to reflect a market that has not yet shifted into a recovery trend. XLM price forecast For now, Stellar remains in a corrective phase unless price reclaims the $0.166–$0.178 zone, which contains both the 50-day and 100-day EMAs. A move above that range would be the first signal of stabilising momentum. Failure to hold $0.144 support could open the path toward the $0.136 structural floor, where buyers have previously stepped in during broader market pullbacks. Until a clear break above resistance is achieved, Stellar’s outlook remains tied to a sideways-to-bearish structure, even as ecosystem development continues to expand across new regions and use cases. The post Stellar (XLM) price continues its 7-day decline: check forecast appeared first on Invezz

Invezz 2026-04-30 16:49
Shiba Inu Price Prediction: SHIB Super-Whale Offloads $4.9M
A wallet that turned a $13,760 entry into one of crypto’s most extraordinary fortunes just offloaded 800 billion Shiba Inu tokens for $4.9 million, with the total gain now past $660 million, having bought the token at an early price level and hitting his prediction right. Shiba Inu trades at roughly $0.00000659 right now, flat to slightly negative over the past 24 hours against a market backdrop of cautious consolidation. Now, is this another trim or the beginning of a full exit from the largest non-deployer SHIB position in existence? An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB ($4.9M) today. This OG spent only $13,760 to buy 103.33T $SHIB , sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB ($625.41M) — 16.84% of the… pic.twitter.com/F0bB0VP5t0 — Lookonchain (@lookonchain) April 30, 2026 The real risk isn’t the $4.9 million sale. It’s what comes next from a wallet still sitting on 99.27 trillion tokens. Discover: The best pre-launch token sales Shiba Inu Price Prediction: Can SHIB Hold $0.0000060 After the 800 Billion Token Dump? SHIB is grinding sideways in a tight range, unable to generate conviction in either direction. The key support level is $0.0000060, a zone that has absorbed selling pressure multiple times since late March 2026. The key resistance is $0.0000072, which capped the most recent rally attempt and aligns with previous consolidation highs. If $0.0000060 holds, the price structure stays intact, and the whale sale gets absorbed into normal crypto liquidity without structural damage. If $0.0000060 breaks, the next meaningful support doesn’t appear until $0.0000048, and that move could open quickly given the thin order book at current levels. The concern isn’t today’s $4.9 million offload; crypto liquidity across CEXs and DEXs can handle that. The concern is acceleration. A sustained push of exchange reserves above 83-84 trillion SHIB would signal that distribution pressure is building beyond what passive absorption can offset. Maxi Doge: The Dog To Watch This Cycle When capital rotates back into meme coins, momentum almost always circles back to one high-beta pick. Shiba Inu is between a rock and a hard place, having whale exiting at the moment. For those watching Shib: Why buy now? Why not be the whale? History makes the pattern clear: Dogecoin started the trend, Shiba Inu ran with it in 2021, followed by Floki, Bonk, Dogwifhat, and Neiro. Every bull cycle eventually crowns a new Doge-inspired frontrunner. ONLY 1 TOP DOG THIS CYCLE. pic.twitter.com/IUDUZlpUH0 — MaxiDoge (@MaxiDoge_) April 21, 2026 This time around, Maxi Doge ($MAXI) is tapping into those early Dogecoin vibes with a community built around sharing early alpha, trading ideas, and competitive engagement. Participation is at its core. Weekly Maxi Ripped and Maxi Pump competitions reward top performers with leaderboard recognition, incentives, and bragging rights. The hype is already showing in the numbers. The $MAXI presale has raised more than $4.7 million, while early backers are earning up to 65% APY through staking rewards. For those who missed the Doge wave before, Maxi Doge could be the next chance to catch a meme coin before it enters the mainstream. Discover: The best crypto to diversify your portfolio with The post Shiba Inu Price Prediction: SHIB Super-Whale Offloads $4.9M appeared first on Cryptonews .

cryptonews 2026-04-30 16:43
Trump‑backed WLFI price slumps further amid vote to unlock 62B tokens
World Liberty Financial’s token WLFI has deepened its decline, trading to below $0.06 amid an 18% drop in 24 hours as a governance proposal to unlock 62.28 billion WLFI tokens passes overwhelmingly. The result has intensified sell‑off pressure, with market sentiment souring over perceived insider‑friendly mechanisms and looming overhang from the newly structured vesting schedule. WLFI price chart from CoinMarketCap WLFI vote to unlock 62 billion tokens passes On‑chain data show the governance proposal to restructure 62.28 billion locked WLFI tokens has all but passed. While the voting period ends on May 6, 2026, details indicate backers have a 99.4% approval, with strong support from a concentrated group of large holders. The proposal itself targets all tokens held by founders, team members, advisors, and partners, a total of 45,238,585,647 WLFI. If passed, the move will allow these holders the option to either accept less favourable unlock terms or keep their balances locked indefinitely. Under the approved framework, 10% of the affected allocation, about 4,523,858,565 WLFI, is slated to be permanently burned and removed from the total supply upon passage. The remaining 90%, or 40,714,727,082 WLFI, is placed on a strict vesting path: a two‑year cliff followed by a three‑year linear release, with no unlocks beginning before year two and full distribution only by year five. Community sentiment extremely low Despite the planned burn, traders are focusing on the sheer scale of newly schedulable tokens, which they view as a latent source of dilution once the cliffs expire. Community sentiment is thus sharply negative, with many retail participants arguing that the voting power is concentrated in a small circle of insiders. On‑chain analytics from the latest poll indicate that the largest wallet controlled nearly 13% of votes cast, while the top four together accounted for roughly 40% of total voting power, leaving smaller holders with limited influence over the outcome. Is the WLFI price set for a new all-time low? WLFI has shed close to 88% of its value since its $0.46 peak in September 2025, with the token hovering at a new all-time low of $0.059 on April 30, 2026. The sharp 18% slide in the past 24 hours, triggered by broader market woes and the 62.28‑billion‑token unlock vote, has reinforced fears that WLFI could face prolonged downward pressure. Largely, this is down to concerns that if large holders begin to offload once vesting schedules take effect, sell-off pressure could be massive. Currently, headwinds extend beyond World Liberty Financial’s internal governance. The Trump-backed project has come under scrutiny for reportedly using WLFI tokens as collateral on the lending protocol Dolomite to borrow roughly $75 million in stablecoins. Tron founder Justin Sun, once a prominent backer, has publicly accused the project and filed a lawsuit. While the 10% burn of insiders’ locked tokens theoretically tightens supply, the market is currently pricing in liquidity overhang and broader macro uncertainty. WLFI fell from highs of $0.08 this week and could face further downside if the price dips to $0.05 or lower. The post Trump‑backed WLFI price slumps further amid vote to unlock 62B tokens appeared first on Invezz

Invezz 2026-04-30 15:45
Chainlink (LINK) price prediction as exchange outflows hit 4-month high
Chainlink has spent the past three months moving in a tight and often uneasy range, with price action repeatedly failing to build strong momentum in either direction. At the time of writing, LINK is trading around $9.12, slipping about 2% in the last 24 hours, after hitting an intraday high of $9.41 during the same period. The broader trend over the past year still reflects pressure, with LINK down more than 37% year-on-year, even though shorter timeframes show periods of stabilisation. As the LINK price drops, on-chain activity and exchange flow data suggest a very different behaviour underneath the surface. Exchange outflows rise as LINK price remains stuck in consolidation One of the most notable developments has been a sharp increase in exchange outflows. According to data from Santiment , LINK worth about $9.5 million has recently moved off exchanges. This marks the largest outflow spike seen in 2026 so far, and the highest level in about four months. In simple terms, large outflows often indicate that holders are moving assets into private storage rather than preparing to sell. This reduces immediate sell pressure on exchanges and can signal accumulation, especially when it happens during weak or sideways price action. Despite this, LINK has not reacted with a strong upward move. Instead, price continues to hover close to the $9 region, showing a market that is still hesitant. During the same period, LINK briefly pushed toward $9.58 before slipping back toward the low $9.20s, highlighting how quickly gains have been rejected. Another layer of support for the network comes from rising activity on Chainlink’s infrastructure. According to a recent post by Chainlink , the cross-chain usage through CCIP has expanded significantly, with transaction activity climbing from roughly $250 million to over $19 billion in cumulative volume, while occasional weekly spikes have crossed $1.3 billion, representing growth of about 260%. This shows that usage is increasing even as price remains compressed. Technical structure points to a tightening range From a technical perspective, LINK is currently trapped in a well-defined consolidation zone that has held for months. The price has been moving between roughly $7.80 and $10.00, with repeated rejections near the upper boundary and consistent demand near the lower end. A key observation from recent Bollinger Band readings on higher timeframes is that volatility is tightening. Chainlink price chart This “squeeze” pattern often appears before larger directional moves, although it does not indicate direction on its own. The middle band sits close to $9.26, which is almost exactly where the price is currently oscillating. Market analyst James CryptoWZRD noted that LINK recently closed indecisively near the $9.50 daily resistance and is currently trading below a lower-high intraday trendline. According to his analysis, a weak Bitcoin environment would likely drag LINK toward $8.20, while a stronger Bitcoin move could push LINK's price above $9.55. https://twitter.com/cryptoWZRD_/status/2049657327226089737?s=20 A similar level structure has been echoed across other technical outlooks , with analysts identifying a key support level at $9.01, with a rebound zone between $9.27 and $9.31. A daily close below $9.01 would open the door toward the $8.20 region, while a break above $9.31 to $9.55 on strong volume would signal a shift in short-term momentum. The post Chainlink (LINK) price prediction as exchange outflows hit 4-month high appeared first on Invezz

Invezz 2026-04-30 14:18

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