Bitcoin’s price rally appears to have stalled after a week of all-time highs (ATHs), with the cryptocurrency now facing significant challenges. 

The bullish momentum that propelled BTC to $93,242 has slowed, raising concerns about potential corrections as market conditions begin to shift.

Bitcoin Faces Potential Reversal

The NVT (Network Value to Transactions) Ratio, a critical metric for analyzing Bitcoin’s value, has spiked after recently hitting an eight-month low. A low NVT ratio typically indicates that the network’s transactional activity is aligned with its value, signaling a balanced and sustainable market.  

However, the current uptick suggests that Bitcoin’s network value may be outpacing its transaction activity. Historically, such scenarios have preceded corrections, highlighting the importance of closely monitoring this metric. If the trend persists, it could contribute to downward pressure on BTC’s price.

The Fear and Greed Index, a barometer for market sentiment, is now in the “extreme greed” zone, which has historically signaled potential reversals in Bitcoin’s price. Extreme greed often indicates that investors are overly optimistic, leaving the market vulnerable to sudden sell-offs.  

While Bitcoin has demonstrated resilience during similar conditions in the past, this heightened sentiment could mark a tipping point. Combined with declining transaction activity, BTC’s macro momentum may face increasing challenges in sustaining its current price levels.

BTC Price Prediction: Finding Support

Bitcoin is currently trading at $90,673, holding above the critical support of $88,691 while facing resistance at $92,000. If BTC consolidates within this range over the next few days, it could fend off a broader correction and maintain stability.

However, a break below the $88,691 support could trigger a decline toward $85,000. If this level fails to hold, Bitcoin risks falling further to $80,301, exacerbating bearish sentiment.  

Conversely, a bounce off $88,691 and a successful breach of the $92,000 resistance could revive bullish momentum. This would allow Bitcoin to aim for a new ATH above $93,242, effectively invalidating concerns of a reversal and reinforcing its long-term upward trajectory.  

The price of Hedera (HBAR) has skyrocketed, climbing roughly 30% in the last 24 hours and over 115% in the past seven days. This explosive growth is backed by strong technical indicators, with the ADX signaling a strengthening trend and the Ichimoku Cloud chart confirming bullish momentum.

HBAR’s price action suggests it could be gearing up for further gains, with resistance levels at $0.14 and $0.182 in sight. However, if the uptrend loses strength, support zones at $0.098 and $0.068 will play a crucial role in determining the next direction for HBAR.

HBAR Current Uptrend Is Strong

HBAR’s ADX has surged to 42.47 from around 17 in just one day, signaling a rapid strengthening of the ongoing trend. This sharp rise indicates that HBAR is transitioning from a weak or uncertain trend into a strong, clearly defined uptrend after the recent price surge.

Such a high ADX value reflects significant momentum behind the price movement, suggesting that the current uptrend is likely to continue in the near term.

The ADX, or Average Directional Index, measures the strength of a trend on a scale from 0 to 100 without indicating the trend’s direction.

Values below 20 signify weak trends, while values above 25 suggest a strong trend. Hedera ADX at 42.47 clearly indicates a strong uptrend, implying that buying momentum is accelerating.

Ichimoku Cloud Shows a Bullish Setup for Hedera

The Ichimoku Cloud chart for HBAR shows a sustainable uptrend, with the price breaking well above the cloud (Kumo), confirming the start of a bullish trend. The green cloud ahead suggests solid support, reinforcing the likelihood of continued upward momentum.

The current price action suggests that HBAR is maintaining its strength above critical levels, with the cloud providing a safety net for potential pullbacks.

The Tenkan-sen (conversion line) is above the Kijun-sen (baseline), another positive signal reflecting strong short-term momentum. The Chikou Span (lagging line) is also positioned well above the price, further validating the strength of this trend.

Together, these elements align to suggest that HBAR’s momentum is strong, with the potential for continued price gains if the current trend holds.

HBAR Price Prediction: A New 53% Price Surge?

If the current uptrend continues, HBAR price could test its nearest strong resistance at $0.14, which would be its highest price since March. A successful breakout above this level could pave the way for further gains, potentially reaching $0.182, representing a substantial 54% increase from current levels.

This bullish scenario aligns with the strong momentum indicated by recent technical signals.

On the other hand, if the trend reverses, HBAR could face a pullback toward its first support at $0.098. If this level fails to hold, the price could drop further to $0.068.

Goatseus Maximus (GOAT) price has surged 34.19% over the past seven days, recently reaching a $1 billion market cap milestone. However, technical indicators suggest the uptrend is losing strength, with the ADX and RSI pointing to fading momentum.

While the EMA lines remain bullish, short-term trends are beginning to decline, signaling a potential shift in market sentiment. GOAT now sits at a critical point where it could either test resistance at $1.36 or face a deeper correction toward key support zones.

The Current Trend Is Losing Steam

GOAT ADX has dropped to 29.77 from 38 over the past few days, indicating a weakening in trend strength. While the value still suggests that the asset is in an uptrend, the decline shows that the momentum behind the current trend is fading.

The ADX, or Average Directional Index, measures the strength of a trend on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest a weak or directionless market.

With GOAT’s ADX now falling closer to the lower threshold, it suggests the current uptrend is losing steam. If the ADX continues to decline further, traders should watch for signs of a potential downtrend or a sideways movement as the market adjusts.

GOAT RSI Shows a Neutral Zone

GOAT is today the biggest coin ever launched on Pumpfun, Solana’s biggest coin launchpad. GOAT’s RSI has dropped to 50.60 from over 70 a few days ago, reflecting a cooling off in bullish momentum. Previously in the overbought territory above 70, the asset was experiencing strong upward pressure.

However, the decline to neutral levels indicates a slowdown in buying activity, suggesting that the recent rally has lost strength and the market is recalibrating.

The RSI, or Relative Strength Index, measures the speed and magnitude of price changes to assess whether an asset is overbought or oversold. Values above 70 indicate overbought conditions and potential for a pullback, while values below 30 signal oversold conditions and possible recovery.

With GOAT’s RSI now at 50.60, it sits at a neutral level, meaning the price lacks strong momentum in either direction.

GOAT Price Prediction: Potential 63% Correction

GOAT’s EMA lines remain bullish, but the short-term lines are beginning to decline, signaling weakening momentum in the uptrend. This aligns with the RSI and ADX, both of which suggest that the bullish trend is losing strength.

If the uptrend regains momentum, GOAT price could target its resistance at $1.36, signaling potential for further gains. However, if the downward pressure intensifies, support levels could be tested at $0.80 and $0.69.

A failure to hold these zones might lead to a deeper correction, potentially reaching $0.41, which would mark a significant 63% decline from current levels, possibly taking out GOAT from the list of top 10 biggest meme coins.