hodler

30 Apr 2026, 09:58

BNB Comprehensive Technical Analysis: Detailed Review for April 30, 2026

BNB is testing the critical support at 609$ in its downtrend; bearish Supertrend and MACD pressure continue. BTC's sideways movement is increasing altcoin risk, a 620$ breakout is expected.

30 Apr 2026, 09:51

Ethereum holds at $2,335 with $5,600 as next target

🚀 $ETH is holding firm at $2,335 as bulls eye $5,600. Major technical analyses highlight $2,335 as the pivot point. Continue Reading: Ethereum holds at $2,335 with $5,600 as next target The post Ethereum holds at $2,335 with $5,600 as next target appeared first on COINTURK NEWS .

30 Apr 2026, 09:51

Enjin Coin fails to break past $0.06: why is ENJ price falling?

Enjin Coin remained under pressure on Thursday after another failed attempt to establish support above the $0.06 level. The token traded around $0.0564 at the time of writing, down 4.7% over the past 24 hours, with intraday trading fluctuating between $0.05496 and $0.05932. Notably, the current decline comes after ENJ posted one of its strongest monthly recoveries in recent years. Despite the decline, the token is still up 175.4% over the past 30 days. However, traders appear to be taking profits after the rally stalled. Bearish pressure builds after April rally ENJ entered April with strong upside momentum after rebounding sharply from its March low of $0.0174. The token later climbed toward the $0.07 region as speculative activity increased across the gaming and metaverse token sector. That rally has since melted, and the derivatives positioning points to growing bearish sentiment among short-term traders. Market data shows the long-to-short ratio falling to around 0.77, meaning bearish positions are outnumbering bullish ones. At the same time, momentum indicators have begun to weaken after the earlier breakout attempt failed. The Relative Strength Index (RSI-14) currently sits at 55.45. That level does not indicate oversold or overbought conditions, but it also shows that the strong buying momentum seen earlier in April has cooled. Long-term structure still holds above key EMAs While short-term momentum has weakened, ENJ still holds above several important moving averages on the daily chart. The token currently trades above its 20-day, 50-day, 100-day, and 200-day exponential moving averages. Only the 10-day EMA remains above the current price, acting as immediate resistance. Enjin Coin price chart Holding above the 200-day EMA is especially important because many traders use that level to measure the broader market trend. As long as ENJ remains above that long-term indicator, the wider bullish structure remains intact despite recent volatility. Historical cycle data also continues to attract attention from long-term investors. Enjin Coin reached its first major all-time high in January 2018 at $0.4934 before dropping to $0.0230 later that year. The project eventually entered another major bull cycle that peaked in November 2021, when ENJ reached its record high of $4.82. Past market cycles show that ENJ previously took about four years to move from one all-time high to the next. And more than 1,600 days have now passed since the 2021 peak, placing the token within the historical timeframe that traders often associate with a possible new macro cycle. However, the current market structure remains far weaker than the conditions seen during the 2021 rally. Enjin Coin price forecast From a trader’s perspective, the first important resistance level sits at $0.0859. While longer-term models remain more optimistic despite the recent correction, short-term projections suggest ENJ could drop to around $0.0543 if the current weakness continues. Analysts tracking ENJ’s trend structure say the token needs a confirmed close above that level to regain stronger bullish momentum. A successful breakout there could open the door for a move toward the next resistance zone at $0.0983. On the downside, support is currently located around $0.0529. That level has become critical after the recent pullback from April highs. If ENJ falls below $0.0529, selling pressure could increase and expose the token to deeper losses. The post Enjin Coin fails to break past $0.06: why is ENJ price falling? appeared first on Invezz

30 Apr 2026, 09:38

ETH Comprehensive Technical Analysis: Detailed Review for April 30, 2026

ETH is approaching the $2.253 support in a sideways trend, under short-term pressure with bearish Supertrend and MACD. BTC correlation and volume analysis suggest a cautious approach, with balanced...

30 Apr 2026, 09:36

Can Injective rebound after drop to $3.40 amid crypto weakness?

Injective price is down nearly 5% in the past 24 hours, extending recent losses to $3.40 after bulls ran into resistance at the $4.00 mark. The INJ token also declined amid a broader market downturn following the Federal Reserve's rate decision. Investors concerned about the ongoing blockade of the Strait of Hormuz and surging oil prices also pushed Bitcoin lower. Injective dropped alongside BTC. Injective dips after mainnet upgrade Injective Protocol recently hit a milestone with the activation of its IIP-632 mainnet upgrade, a governance-approved initiative designed to sharpen network efficiency. Market optimism ahead of the rollout propelled INJ to a peak of $4.00, fueled by expectations of bolstered technical performance, refined onchain modules, and expanded $INJ token buyback programs. The upbeat sentiment looks to be fading fast amid profit-taking by short-term holders. Also pushing bulls into the woods are macroeconomic headwinds, with cryptocurrencies retreating alongside other risk assets. Bitcoin's plunge followed the Fed's decision to maintain interest rates unchanged, and Chair Jerome Powell's announcement that he will stay on as a Fed member after his tenure ends in May. President Donald Trump's remarks endorsing an intensified blockade of the Strait of Hormuz also ignited fears of global energy disruptions. The news drove oil prices higher and soured risk assets, with BTC's dip cascading weakness into altcoins and crypto stocks. More than $560 million in crypto positions were liquidated, with the metric’s 24-hour reading indicating longs at $368 million and shorts at $192 million. According to Coinglass data, the pain hit more than 120,000 traders. INJ mirrored this performance, testing lows around $3.40 amid subdued trading. Injective price outlook Network growth, helped by the upgrade's fundamentals, suggests the long-term outlook for INJ remains intact. However, near-term sentiment hinges on how the market reacts to macro and geopolitical pressures. From a technical standpoint, INJ's chart reveals a slight bearish tilt. The Relative Strength Index (RSI) at 57 and downsloping hints at a possible short-term drop. Meanwhile, the Moving Average Convergence Divergence (MACD) signals a bearish crossover, with the histogram pointing to increased weakness. Injective price chart by TradingView The token now hovers near the $3.40 support zone, a level reinforced by recent volume clusters. Holding this threshold could foster consolidation, paving the way for a rebound toward $4.00. Bulls could target further gains if Bitcoin stabilizes and sees a notable uptick above $75,000 - the benchmark digital asset currently hovers around $76,075, down 1.2% in the past 24 hours. Most coins show similar moves during early trading on Thursday. Conversely, a decisive break below $3.30 and the 50-day exponential moving average ($3.25) amid elevated sell volume could accelerate declines toward the $2.75 demand area. The area marks March lows and could allow sellers to target lower support levels. The post Can Injective rebound after drop to $3.40 amid crypto weakness? appeared first on Invezz

30 Apr 2026, 09:35

Dogecoin Surges 10%: Futures Positions at Peak

Dogecoin rose 10% weekly, price approached $0.1062. Futures open interest peaked at 15.36B DOGE, whales accumulated 500M+. While BTC declined, DOGE shone in spot and futures. Musk's X Payments hope...