WLD Coin Rallies 15% As Live Music Partnership Fuels Adoption Hopes

WLD has been trading near a critical resistance point. The $0.40 level is where traders are watching closely — a hold there could push the token toward $0.45 and eventually $0.57, while a failure might drag it back to the $0.23 range.

A Bot Problem Gets A Music Angle

Thirty Seconds to Mars lit the fuse. The band announced on May 28 a partnership with World Network to offer “human-only” ticket access for an upcoming event, giving verified fans exclusive perks while locking out automated buyers. The announcement went viral, and WLD jumped roughly 15% in its wake.

World Network’s identity tool, World ID, sits at the center of the deal. The system is built to confirm that users are real people rather than automated accounts, and the concert tie-up put that capability in front of audiences well beyond the usual crypto crowd.

Bots dominate online activity in ways that directly affect ordinary people. Reports indicate that automated traffic now accounts for more than half of all internet activity, a reality that has made it routine for concert tickets to sell out in seconds only to resurface on resale sites at inflated prices.

Adoption Hopes Drive The Rally

Reports say industry voices quickly amplified the announcement, with commentary from Pantera Capital and others pointing to growing demand for reliable human verification as bots flood more corners of the internet. That broader framing gave the partnership a weight that went beyond a single ticket sale.

For World Network, the partnership is a chance to show that World ID can solve problems people actually care about. Scalping bots have frustrated fans for years, and a tech fix tied to a recognizable band name makes the use case easy to understand.

WLD had already been on traders’ radar heading into the announcement. The 15% jump reflects both the surprise of the partnership and accumulated interest in whether the project could find traction outside of crypto-native applications.

Key Level Remains In Focus

The token’s next move will depend on whether buyers can defend the ground gained. Based on reports, if $0.40 flips from resistance into support, the path opens toward $0.45 and $0.57. A stall at current levels, though, brings the $0.23 support zone back into the picture.

The Thirty Seconds to Mars deal adds a real-world name to a project that has spent much of its existence explaining its potential rather than demonstrating it. Whether one partnership translates into lasting price strength is another question entirely.

Featured image from thirtysecondstomars.com, chart from TradingView



from NewsBTC https://ift.tt/NMG0Hat

Bitcoin Is Still Following This Descending Channel Pattern And The Endgame Shows The Bottom

Bitcoin’s recovery attempts are still being judged against a larger structure that has controlled price action for months. An interesting technical analysis of the daily candlestick timeframe chart shows that Bitcoin is still following a descending channel, with every major rebound failing near the upper diagonal and every major sell-off finding a reaction near the lower boundary.

The latest rejection around $83,100 in May has now become the main focus, and Bitcoin is now moving back into the lower half of the channel, where the final bottom could be waiting.

Bitcoin’s Descending Channel Still Controls The Bigger Trend

Eight months into a correction path defined by lower highs and lower lows from $126,000, Bitcoin is showing no signs of deviation. The daily candlestick chart shows Bitcoin has transitioned into a broad descending channel that has stayed intact for these eight months.

The upper boundary has acted as resistance each time Bitcoin has attempted a stronger recovery, first around the $97,855 lower high and later around the $83,156 lower high. Each rejection has kept the larger bearish structure alive. The lower boundary has also been important. Bitcoin previously reacted near $82,167 before bouncing into the first major lower high, then fell again to around $60,000 in early February 2026.

The rejection move from the $83,156 resistance level in May also fits that same structure. Bitcoin is currently down by over 12% since that rejection and opened in June at around $73,670. 

Now that Bitcoin is trending downwards, the projection is that the next move lower may not be just another ordinary lower low. The projection by a crypto analyst that goes by the name NoName on X places the projected end of the channel near $51,291, which can also be seen as the possible cycle bottom.

Bitcoin

Prediction Markets Favor $60,000 Before $100,000

There are multiple technical outlooks that are predicting a further bottom before Bitcoin embarks on a new rally. These predictions also line up with a separate sentiment signal from prediction markets. 

Most notably, prediction markets Kalshi Crypto currently has a 60% implied chance that Bitcoin hits $60,000 before $100,000, meaning crypto participants are currently assigning more weight to another major downside move before a six-figure recovery

Kalshi also gives Bitcoin only a 34% chance of moving back above $100,000 before January 2027, which is a major reversal from the start of 2026, when the market priced a 94% implied probability of BTC trading above $100,000 by the middle of the year.

Bitcoin would still need to lose important support zones before that deeper target becomes realistic. The first test is whether sellers can keep the price above the middle of the channel at $70,000 and prevent another rebound back above $78,000 and $83,000.

Bitcoin

from NewsBTC https://ift.tt/0fxouYt

Has Bitcoin Bottomed At $60,000 To Return To $100,000, Or Is This Just The Start Of Another Crash?

Bitcoin is still trading above $60,000, but there are questions as to whether that area has already become the macro bottom for this correction or whether another crash could still drag the price back into that zone. Technical analysis using Bitcoin’s weekly RSI, prior cycle support, and the 21-week and 50-week EMA trend presents the bullish side of that trend, but bears can still argue that confirmation has not arrived until Bitcoin breaks above the weekly EMA structure.

Bitcoin Might Have Bottomed Already

The strongest argument that Bitcoin may have already bottomed is from the weekly RSI indicator. According to the thesis shared by Cryptoposeidon on X, Bitcoin’s weekly RSI has fallen below 30 only four times in history. The first three came around the January 2015, December 2018, and June 2022 lows, all of which later became macro bottom zones.

Back in January 2015, Bitcoin’s RSI fell to about 28 when the price fell to $200. A similar pattern played out in December 2018, when RSI dipped below 30 around $3,500, followed by about three months of sideways accumulation before Bitcoin broke higher. The third instance was June 2022, in the depths of the bear market that followed the Luna collapse.

The fourth reading came in early February 2026, shortly after Bitcoin’s crash into a bottom around $63,000, and this supports the proposal that Bitcoin may have already gone through its major capitulation phase. 

The weekly candlestick timeframe chart below also shows the RSI recovering from a low band similar to the previous bear-market bottom zones, with the projected path suggesting that momentum could spend more time rebuilding before a stronger move returns in 2027.

Bitcoin

Bitcoin Price Chart. Source: @CryptoPoseidonn On X

What Confirmation And Return To $100,000 Actually Looks Like

The last two bear markets both took 364 days to move from peak to trough. The current correction is now 236 days old, which leaves a 128-day window for Bitcoin to make another low if it follows the same timing pattern.

However, looking at November 2022, Bitcoin broke below the prior cycle’s $19,900 peak and collapsed to $15,500, spending a brief period under $16,000. That breakdown was forced by the FTX implosion, a black swan event that liquidated billions in assets and obliterated confidence simultaneously. Without a comparable catalytic shock, current crypto market dynamics lack the mechanism to sustain prices below $60,000 within the remaining 128-day window for a bottom.

Bitcoin’s long-term support band is between $58,000 and $66,000, and the February 2026 low is inside that range. Bitcoin can still wick to $55,000 or even $50,000 in a liquidation event, but spending a long period below $60,000 would require a very strong bearish catalyst.

On the other hand, a reclaim and monthly close above the weekly EMA and $80,000 in June 2026 would change the conversation from “Is $60,000 the bottom?” to “How fast can Bitcoin rebuild toward $100,000?” At the time of writing, Bitcoin is trading at $72,860, down by 1.2% in the past 24 hours.

Bitcoin price chart from Tradingview.com

from NewsBTC https://ift.tt/P07WXZn

XRP Price Loses Ground As Bearish Pressure Quietly Builds

XRP price started a downside correction below the $1.3420 zone. The price is now showing bearish signs and might decline further below $1.3150.

  • XRP price started a downside correction after it failed to stay above the $1.3450 zone.
  • The price is now trading above $1.3150 and the 100-hourly Simple Moving Average.
  • There is a declining channel forming with resistance at $1.3380 on the hourly chart of the XRP/USD pair (data source from Kraken).
  • The pair could continue to move down if it stays below $1.3420.

XRP Price Dips Below Support

XRP price struggled to stay above $1.3520 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.350 and $1.3450 levels.

The price declined below $1.3420. There was a clear move below the 38.2% Fib retracement level of the upward move from the $1.2658 swing low to the $1.3642 high. Besides, there is a declining channel forming with resistance at $1.3380 on the hourly chart of the XRP/USD pair.

The price is now trading above $1.3150 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3380 level. The first major resistance is near the $1.3420 level, above which the price could rise and test $1.350.

XRP Price

A clear move above the $1.350 resistance might send the price toward the $1.3580 resistance and the trend line. Any more gains might send the price toward the $1.3650 resistance. The next major hurdle for the bulls might be near $1.3740.

More Downside?

If XRP fails to clear the $1.3380 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.320 level. The next major support is near the $1.3150 level and the 50% Fib retracement level of the upward move from the $1.2658 swing low to the $1.3642 high.

If there is a downside break and a close below the $1.3150 level, the price might continue to decline toward $1.3120. The next major support sits near the $1.3050 zone, below which the price could continue lower toward $1.2920. Any more losses might call for a test of $1.2880.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level.

Major Support Levels – $1.3200 and $1.3150.

Major Resistance Levels – $1.3380 and $1.3500.



from NewsBTC https://ift.tt/3Vi2SR1

Ethereum Price Slide May Not Be Over Yet—More Losses Loom

Ethereum price started a fresh decline and traded below $2,000. ETH is now consolidating near $2,000 and might continue to move down.

  • Ethereum remained in a bearish zone after a fresh decline below $2,010.
  • The price is trading below $2,010 and the 100-hourly Simple Moving Average.
  • There was a break below a bullish trend line with support at $2,015 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could continue to move down if it stays below the $2,050 zone.

Ethereum Price Remains At Risk of More Downside

Ethereum price failed to remain stable above $2,040 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,020 and $2,010 levels.

The price even traded below $1,985. A low was formed at $1,965, and the price recently attempted a minor recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $2,140 swing high to the $1,965 low.

However, the bears remained active near $2,040. The price dipped again below $2,020. There was a break below a bullish trend line with support at $2,015 on the hourly chart of ETH/USD.

Ethereum price is now trading below $2,010 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,980, the price could attempt another increase. Immediate resistance is seen near the $2,020 level. The first key resistance is near the $2,030 level.

Ethereum Price

The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,140 swing high to the $1,965 low. A clear move above the $2,050 resistance might send the price toward the $2,085 resistance. An upside break above the $2,085 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term.

More Downside In ETH?

If Ethereum fails to clear the $2,050 resistance, it could start a fresh decline. Initial support on the downside is near the $1,980 level. The first major support sits near the $1,965 zone.

A clear move below the $1,965 support might push the price toward the $1,920 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,780.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $1,980

Major Resistance Level – $2,050



from NewsBTC https://ift.tt/uLU7IoK

Bitcoin Price Teeters Near The Edge As Bears Eye Another Breakdown

Bitcoin price started a fresh decline below the $73,800 zone. BTC is consolidating and might continue to move down if it dips below $72,500.

  • Bitcoin failed to stay above $74,200 and extended losses.
  • The price is trading below $73,800 and the 100 hourly simple moving average.
  • There was a break below a rising channel with support at $73,550 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair might extend losses if it stays below the $74,200 and $74,500 levels.

Bitcoin Price Turns Red

Bitcoin price failed to stay above the $75,000 support zone. BTC remained in a bearish zone and extended losses below the $74,500 level. There was a move below the $74,000 level.

The price even dipped below $73,000. A low was formed at $72,470 and the price recently attempted a recovery wave. There was a minor move above the 23.6% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low.

However, it faced resistance near $74,000. Recently, there was a break below a rising channel with support at $73,550 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $73,800 and the 100 hourly simple moving average.

If the price remains stable above $72,000, it could attempt a fresh increase. Immediate resistance is near the $73,850 level. The first key resistance is near the $74,000 level. A close above the $74,000 resistance might send the price further higher. In the stated case, the price could rise and test the $74,500 resistance.

Bitcoin Price

Any more gains might send the price toward the $75,150 level or the 50% Fib retracement level of the downward move from the $77,810 swing high to the $72,470 low. The next barrier for the bulls could be $75,500.

Downside Continuation In BTC?

If Bitcoin fails to rise above the $74,200 resistance zone, it could start another decline. Immediate support is near the $73,000 level.

The first major support is near the $72,500 level. The next support is now near the $72,000 zone. Any more losses might send the price toward the $71,500 support in the near term. The main support now sits at $70,850, below which BTC might struggle to recover in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $72,500, followed by $72,000.

Major Resistance Levels – $74,000 and $74,500.



from NewsBTC https://ift.tt/8Cgb7ji

Cardano Price Could Close May Below This Multi-Year Support — What’s Next?

After hitting its cycle high last August, the Cardano price has continued in a downward slope toward lows not seen since 2024. Despite the calls of an altseason early into May, the ADA token has erased all the gains realized at the beginning of the month. Interestingly, the current Cardano price structure suggests the altcoin may be at risk of further downside in the coming months if it closes below a significant support level in May.

ADA Price Could Fall 78% If This Support Is Broken

In a May 30th post on the X platform, crypto analyst Ali Martinez revealed that the Cardano price has been hovering around a make-or-break level over the past couple of weeks. Looking at the highlighted monthly chart, the altcoin is at risk of closing the month of May below a major historical support level.

As shown in the chart below, the Cardano price has been trending within a multi-year channel formation since 2021. After reaching the upper boundary of the channel at $1.195 in early 2025, the cryptocurrency’s price has been in a steady decline, losing a significant support level around $0.544 last November.

Cardano price

Now, as Martinez identified, the next definitive floor in sight for the Cardano price is around $0.247, which has acted as major support in the past. In fact, this support level kick-started the last rally that saw the price of ADA reach $1.195.

However, the Cardano price has drifted beneath this support level over the past few days, falling to as low as $0.232. With the end of May rapidly approaching, it would be interesting to see whether the ADA candlestick eventually closes below the $0.247 floor over the next day.

Martinez wrote in the X post:

As the monthly close approaches, maintaining a position below $0.247 alters the immediate market structure, suggesting a deeper valuation phase is underway.

According to the crypto analyst, if the Cardano price sustains its close beneath this historical support level, the next “high-conviction macro targets for long-term accumulation” lie around $0.113 and $0.051. Essentially, investors could see the price drop by nearly 78% (from the current price point) if ADA remains below $0.247.

However, it is worth noting that the altcoin could bounce back to around $0.544 if this major channel support holds and demand returns to the crypto market.

Cardano Price At A Glance

As of this writing, the price of ADA stands at around $0.237, reflecting an over 2% jump in the past 24 hours.

Cardano price

from NewsBTC https://ift.tt/bZYz2v5
✕ Close