Pencil Protocol launches partner incentive program, Dapp gains 54% in 24 hours

- Bitcoin remains in bearish consolidation near $86,800, with key support/resistance levels determining its near-term direction amid a 30% decline from its October peak. - Technical indicators and on-chain data highlight a potential lower high pattern, LTH selling pressure, and downward-trending moving averages reinforcing bearish momentum. - Spot ETF inflows offer limited bullish hope, but RSI divergence and EMA crossovers suggest the recent rebound lacks sustained reversal strength. - Traders focus on $8

- XRP's 30% overnight drop triggered $1.14M in liquidations as ETF inflows collided with whale-driven selling pressures post-ETF launch. - Despite $164M in ETF assets, XRP trades 40% below its annual peak with technical indicators showing bearish patterns and a 20/100 CryptoQuant Bull Score. - Binance's 2.55 long-to-short ratio and uneven exchange liquidity exacerbated volatility, with RLUSD's $3.5B 30-day volume signaling ecosystem growth. - Analysts debate $2.60 potential from oversold RSI versus $2.00 r

- Cardano (ADA) shows early recovery signs with a 7% weekly price rebound near $0.43, supported by whale buying and positive technical indicators. - Upcoming blockchain upgrades targeting scalability and interoperability aim to address throughput limitations and boost enterprise adoption. - Price forecasts project ADA reaching $2.05 by 2026 and $10.25 by 2030, contingent on ETF approvals, macroeconomic trends, and institutional adoption. - Risks include geopolitical tensions, cybersecurity threats like the