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KAITO Price Drops After Failing to Break $2 Barrier

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KAITO’s recent airdrop surprised many, sparking initial excitement. However, the token is now struggling to maintain user interest—a common issue seen with other airdrops. The altcoin is down 7% in the last 24 hours, highlighting short-term selling pressure, but it remains up 60% since launch.

Currently, KAITO BBTrend is negative at -10.7, signaling persistent bearish momentum, while its ADX at 13.49 shows a lack of clear trend direction. With price movements fluctuating between potential support at $1.35 and resistance above $2, KAITO faces a critical moment to either consolidate gains or continue its downward correction.

KAITO BBTrend Is Stable, But Negative

KAITO BBTrend is currently at -10.7, reflecting a sharp reversal after reaching an all-time high of 10.8 just yesterday.

This dramatic decline marks a shift from strong bullish momentum to negative territory in less than 24 hours, indicating increasing selling pressure.

The rapid change suggests a bearish sentiment is taking over, as BBTrend turning negative often signals the start of a downtrend.

With KAITO BBTrend hovering around -10 and -11 for the last several hours, it highlights persistent weakness and a potential continuation of the bearish trend.

KAITO BBTrend.
KAITO BBTrend. Source: TradingView.

BBTrend, or Bollinger Band Trend, is an indicator used to measure market momentum and trend direction by analyzing the position and movement of prices within Bollinger Bands.

It fluctuates between positive and negative values, with positive readings indicating bullish momentum and negative readings signaling bearish momentum. With KAITO BBTrend currently at -10.7, the negative value suggests that selling pressure is dominant and downward momentum is likely to continue.

This bearish signal raises concerns about KAITO price stability, as the persistent negative trend could lead to further price declines if buying interest does not return to counter the selling pressure.

KAITO ADX Shows the Lack of Trend Direction

KAITO ADX is currently at 13.49, showing a sharp decline from 60 just two days ago and 45 yesterday. This rapid decrease indicates a significant loss of trend strength, suggesting that the previous momentum has faded.

ADX measures the strength of a trend regardless of its direction, and a drop of this magnitude points to weakening momentum and a potential shift to a neutral or undefined trend.

The current ADX level reflects a market lacking clear direction, which is consistent with the observation that KAITO’s EMA lines are very close to each other, indicating indecision among traders.

KAITO ADX.
KAITO ADX. Source: TradingView.

ADX, or Average Directional Index, is a technical indicator used to measure the strength of a trend rather than its direction. It ranges from 0 to 100, with values above 25 typically indicating a strong trend and values below 20 suggesting a weak or non-existent trend.

With KAITO ADX at 13.49, it signals that the current trend is extremely weak and lacks conviction. This low ADX value suggests that KAITO price movement may remain range-bound or choppy until a stronger trend emerges.

The absence of a clear trend direction, combined with closely aligned EMA lines, points to a period of consolidation or sideways trading for the altcoin.

Will KAITO Price Reach Levels Above $2 Soon?

KAITO reached an all-time high near $2 on February 21, but shortly after, it began to correct downward. This pullback suggests profit-taking or weakening buying pressure after hitting the peak.

If the correction continues, KAITO could test the support level at $1.35, a crucial point to maintain its bullish structure.

KAITO Price Analysis.
KAITO Price Analysis. Source: TradingView.

Should this support fail, KAITO could face a deeper decline, potentially dropping below $1.2 or even as low as $1.1, reflecting increased selling pressure and bearish sentiment.

However, if KAITO can establish a strong uptrend, it could reverse the current correction and surge above $2, challenging the resistance at $2.12. Successfully breaking this level could pave the way for a new all-time high, with the next target at $2.2.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Top 5 Made in USA Cryptos to Watch – Late February Picks

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Story, Ondo Finance (ONDO), OFFICIAL TRUMP, Solana (SOL), and Uniswap (UNI) are five Made in USA cryptos to watch closely in the last week of February. Story has gained massive attention as a top AI crypto, despite a recent short-term correction.

ONDO continues to lead in the Real-World Assets sector but faces downward pressure, while TRUMP hovers near all-time lows with high volatility due to news sensitivity. Meanwhile, SOL struggles after a sharp decline, and UNI shows potential for a breakout with the launch of Unichain, sparking renewed interest.

Story (IP)

Story has quickly become one of the most successful Made in USA cryptos recently launched, securing a spot in the top 10 artificial intelligence cryptos within its first days.

IP Price Analysis.
IP Price Analysis. Source: TradingView.

Story’s market cap is around $1 billion, and its price has risen nearly 160% in the last seven days, showing strong bullish momentum. However, it’s been down more than 6% in the last 24 hours, suggesting a short-term correction as investors take profits.

If this correction continues, Story (IP) could test the support at $3.65, and losing this level could lead to a drop to $2.12. Conversely, if momentum recovers, it could challenge the resistance at $5.32 and, if broken, target $5.88 next.

Ondo Finance (ONDO)

ONDO remains one of the most relevant and largest players in the Real-World Assets (RWA) sector, maintaining its strong presence despite recent price declines.

Its market cap is currently at $3.55 billion, but the price has corrected by over 25% in the last 30 days.

ONDO Price Analysis.
ONDO Price Analysis. Source: TradingView.

If the current downtrend continues, ONDO could test the support at $1.09, and losing this level could push the price down to $1. However, if ONDO manages to reverse this trend, it could challenge the resistance at $1.25.

Breaking this resistance could lead to a rise to $1.44, and if the uptrend gains strong momentum, ONDO could test $1.66. This would mark the first time ONDO goes above $1.5 since the end of January, signaling a potential bullish breakout.

OFFICIAL TRUMP (TRUMP)

TRUMP, the most hyped meme coin ever launched, is now trading close to all-time lows, staying below $20 since February 15. After reaching highs above $70 in its early days, TRUMP is now hovering around $16, reflecting a significant decline.

TRUMP Price Analysis.
TRUMP Price Analysis. Source: TradingView.

Donald Trump’s unpredictable nature makes TRUMP coin highly sensitive to news or statements related to him. Any impactful news could trigger sudden price movements.

If TRUMP can regain positive momentum, it could test the $17.4 resistance, with the potential to rise to $20.7 or even $24.5 if broken. However, if the downtrend continues, it could test support at $14.4 and possibly fall below $10 for the first time since its launch.

Solana (SOL)

SOL has faced significant selling pressure in recent weeks, dropping over 36% in the last 30 days. It has fallen from $268 to around $170 and has remained below $200 since February 15, reflecting a sharp correction.

SOL Price Analysis.
SOL Price Analysis. Source: TradingView.

Despite this downturn, Solana remains a leader across various metrics, including coins launched, trading volume, and dex trades. However, growing concerns about the chain’s extractive ecosystem have sparked debate among users. Sentiment worsened following the launch of the LIBRA meme coin, adding further uncertainty to SOL’s outlook.

If SOL can regain upward momentum, it could test the $180 resistance, and breaking through this level could lead to $188. A strong uptrend would be needed to challenge $205.

Conversely, if selling pressure continues, SOL could test the support at $160, risking further downside.

Uniswap (UNI)

Uniswap remains one of the most influential DeFi applications, and the recent launch of Unichain could attract a new wave of users and capital. UNI has also been one of the most important altcoins in the DEX ecosystem for years.

UNI Price Analysis.
UNI Price Analysis. Source: TradingView.

If UNI can establish an uptrend, it could test the resistance at $9.68, with the potential to reach $10.24 if momentum continues. A strong rally could push UNI to $12.8, its highest level since February 1, signaling renewed bullish sentiment.

However, UNI is currently down over 7%, and if the correction continues, it could test the support at $8.59. Losing this level could lead to a drop as low as $7, falling below $8 for the first time since November 2024.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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BNB Faces Bearish Pressure Despite Booming Ecosystem

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BNB has been in the spotlight in the last few weeks, with rising trading volume and growing interest in its ecosystem, including meme coins like TST. Despite the hype, BNB’s price is down more than 3% in the last seven days, reflecting continued market uncertainty.

Its DMI shows weak trend strength and growing selling pressure, while the Ichimoku Cloud indicates a bearish setup. With EMA lines showing no clear direction, BNB faces a critical moment as it could either regain momentum or drop below $600 if the downtrend continues.

BNB DMI Shows Buyers Tried to Gain Control, But Sellers Are Rising Again

BNB’s DMI chart shows its ADX at 14, reflecting weak trend strength after touching a low of 11.1 yesterday and briefly rising to nearly 16 a few hours ago.

ADX, or the Average Directional Index, measures the strength of a trend without indicating its direction. It ranges from 0 to 100, with values above 25 indicating a strong trend and values below 20 suggesting a weak or undefined trend.

With ADX at 14, BNB is currently in a low-momentum phase, indicating that the market lacks a clear directional trend.

BNB DMI.
BNB DMI. Source: TradingView.

+DI is at 22.5, up from 15.2 yesterday but down from 30.3 a few hours ago, suggesting that buying pressure increased but then weakened. Meanwhile, -DI is at 23.5, rising from 14.2 one day ago, indicating growing selling pressure.

The proximity of +DI and -DI shows a tug-of-war between buyers and sellers, reflecting market indecision. With ADX low and +DI and -DI close to each other, BNB price is likely to remain range-bound until a stronger trend emerges.

If +DI crosses above -DI, it could signal a bullish reversal, while -DI maintaining dominance could lead to further downside.

Ichimoku Cloud Shows a Bearish Setup

The Ichimoku Cloud for BNB shows a bearish outlook. The price is currently trading below the cloud, indicating downward momentum. The red cloud ahead suggests resistance, making it challenging for BNB to break above current levels.

The Tenkan-sen (blue line) is below the Kijun-sen (orange line), confirming a bearish crossover, which typically signals continued selling pressure.

BNB Ichimoku Cloud.
BNB Ichimoku Cloud. Source: TradingView.

Additionally, the Chikou Span (green line) is below the price action, supporting the bearish sentiment. If this downtrend continues, BNB could test lower support levels.

However, a breakout above the red cloud would be needed to shift to a bullish outlook. For now, the bearish structure remains intact, suggesting further downside risks.

BNB Could Drop Below $600

BNB’s EMA lines are currently very close to each other, indicating a lack of clear trend direction. This consolidation suggests market indecision, with neither bulls nor bears taking control.

Despite this, BNB has been in the spotlight recently, with its trading volume surpassing Solana and meme coins like TST gaining attention within the BNB ecosystem.

BNB Price Analysis.
BNB Price Analysis. Source: TradingView.

If it can regain positive momentum, it could test the resistance at $685, and breaking this level could push the price up to $731.

However, if a downtrend emerges, BNB price could test support at $629. Losing this level could lead to a decline to $589, marking its first drop below $600 since February 8.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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3 Token Unlocks for the Last Week of February: PORTAL, ALT, NFP

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Token unlocks are events when blockchain projects release previously restricted tokens to the market. These events are carefully planned to manage market impact and volatility

Often, these token unlocks lead to notable price movements. Here are three major token unlocks scheduled for the upcoming week:

1. Portal (PORTAL)

  • Unlock Date: February 28
  • Number of Tokens to be Unlocked: 25.61 million PORTAL (2.56% of max supply)
  • Current Circulating Supply: 167.1 million PORTAL
  • Total Supply: 1 billion PORTAL

Portal is the native utility token for a cross‑chain Web3 gaming platform that unites gamers and developers across multiple blockchain networks. The upcoming unlock will release tokens from several rounds of allocation. 

For instance, the Team & Advisors allocation will increase by approximately 920,000 tokens, while the Treasury allocation will add around 3.31 million tokens. 

With three rounds still pending, this unlock could inject fresh liquidity into the market, potentially affecting price dynamics and incentivizing further ecosystem development.

2. AltLayer (ALT)

  • Unlock Date: February 25
  • Number of Tokens to be Unlocked: 240.80 million ALT (2.41% of total supply)
  • Current Circulating Supply: 2.55 billion ALT
  • Total Supply: 10 billion ALT

AltLayer is a decentralized protocol designed to help blockchain developers launch and optimize Layer‑2 rollups via its “restaked rollup” mechanism. The ALT token plays a vital role in staking, governance, and protocol fee payments. 

This unlock is distributed across several allocations: Foundation/Treasury, Protocol Development, Ecosystem & Community, Team, Seed Round, Strategic Round, and Strategic Partners. The significant token release will likely enhance liquidity and further support AltLayer’s scaling and security initiatives.

Previously in 2024, ALT saw a significant drop in price ahead of its $100 million token unlock. However, the upcoming unlock is significantly smaller, but market volatility should be expected.

3. NFPrompt (NFP)

  • Unlock Date: February 27
  • Number of Tokens to be Unlocked: 14.51 million NFP (1.45% of max supply)
  • Current Circulating Supply: 395.3 million NFP
  • Total Supply: 1 billion NFP

NFPrompt is an AI‑powered content creation platform for Web3, empowering users to generate and monetize digital art and NFTs using advanced AI tools. The native NFP token is used for staking, payments, contest participation, and governance.

In this unlock, allocations will come from the Short-Term Growth Fund, Long-Term Treasury Fund, Team, and Investors. This release will add fresh tokens to the circulating supply, potentially impacting the token’s liquidity and market sentiment.

Overall, these unlocks represent nearly $17.71 million worth of tokens entering the market this week. 

With fresh liquidity and increased participation in governance and staking, investors and community members should watch for potential price volatility and strategic shifts in each project’s roadmap.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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