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Bitcoin (BTC) Price Prediction for September 28
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Bitcoin (BTC) Price Prediction for September 28

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The majority of the coins remain in the red zone today, according to CoinStats.

Top coins by CoinStats

BTC/USD

The rate of Bitcoin (BTC) has risen by 0.14% since yesterday. Over the last week, the price has fallen by 5.43%.

Image by TradingView

On the hourly chart, the price of BTC has made a false breakout of the local support of $109,317, however, the rate has not bounced off far from it. If the situation does not change, one can expect a further downward move to the $109,000-$109,200 range.

Image by TradingView

On the bigger time frame, the rate of the main crypto remains under sellers’ pressure.

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If the daily bar closes around the current prices or below, traders may witness a test of the $108,000-$109,000 area by the end of the month.

Image by TradingView

From the midterm point of view, one should focus on the weekly bar closure in terms of $107,389. If a breakout happens, the correction is likely to continue to the $104,000 range.

Bitcoin is trading at $109,447 at press time.



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'Uptober' Is Myth for XRP, Price History Warns
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‘Uptober’ Is Myth for XRP, Price History Warns

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Every October, the crypto community repeats the same slogan: “Uptober.” For Bitcoin, at least, it sometimes finds support in the charts. For XRP, however, the story is far more complicated. Examining more than a decade of price history, the numbers don’t justify optimism.

Monthly data shows that October has produced some of XRP’s most dramatic price fluctuations. In 2013, for example, the token soared by more than 94%. In 2014, it jumped by 130%. In 2015, there was a milder 4.7% gain, and in 2017, there was only a 1.49% increase, as per CryptoRank.

On the other hand, years like 2018 and 2021 delivered double-digit losses. The most explosive October was in 2020, when XRP spiked by almost 179% in just four weeks. However, these isolated events create a distorted picture.

Source: CryptoRank

Strip away the extremes, and the median October return is a loss of 1.79%. The average is even worse: -4.58%. This suggests that history shows October is more likely to disappoint XRP holders than reward them, despite the occasional blockbuster year that fuels the “Uptober” myth.

Quarterly data reinforces this warning

While Q4 has historically been the strongest period for XRP, with an average gain of nearly 88%, the median shows a loss of 4.32%. This again highlights that the results are heavily distorted by a few extraordinary runs rather than consistent seasonal strength.

The pattern is clear — “Uptober” is not a reliable trading strategy for XRP. Past years prove that, while outsized rallies are possible, the typical outcome is modest or negative.

Investors expecting green candles every October are relying on folklore, not probability. While history doesn’t eliminate the possibility of another upside surprise, it does emphasize the risk of treating a single month as a guarantee.



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Why Solana’s vertical accumulation suggests a price rally to $260
NFT Gaming

Solana price stalls at $200 support as Open Interest resets

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Solana price is stalling at the $200 psychological level, supported by Fibonacci and VWAP confluence. With open interest resetting to neutral levels, conditions are favorable for a bullish rotation toward higher levels.

Summary

  • Solana stalls at the $200 psychological level, aligning with the 0.618 Fibonacci retracement.
  • Open interest has reset to neutral levels, creating healthy conditions for fresh positions to fuel upside momentum.
  • Market structure remains bullish, with consecutive higher highs and higher lows pointing toward continuation toward $260.

Solana (SOL) is consolidating at a crucial support zone following its recent correction from near $260. After a sharp pullback, price action has reclaimed the $200 psychological level, which aligns with multiple technical confluences. The overlap of high-timeframe support, the 0.618 Fibonacci retracement, and VWAP has reinforced $200 as a critical level for the bullish trend to continue.

Adding to this, open interest has reset to neutral levels, providing fresh conditions for new positions to build as price stabilizes. At the same time, Kazakhstan is rolling out a stablecoin backed by Solana, Mastercard, and a major domestic bank, a development that could further strengthen Solana’s ecosystem and long-term adoption narrative.

Solana price key technical points

  • $200 Support Zone: Solana is holding at $200, supported by the 0.618 Fibonacci retracement, VWAP, and high timeframe levels.
  • Open Interest Reset: Contracts have been closed following the correction, setting the stage for new positions to fuel the next move.
  • Bullish Structure: Higher highs and higher lows remain intact, supporting continuation toward $260 resistance and beyond.

SOLUSDT (1D) Chart, Source: TradingView

The correction from Solana’s attempt to test the $260 resistance led to a sharp decline, sending price directly into the $200 region. This level, now reinforced by the 0.618 Fibonacci retracement and VWAP support, has acted as a strong floor for buyers.

The psychological significance of $200 has further enhanced its role as a pivot for potential reversal. Price has stalled here over the past sessions, suggesting market participants are waiting for confirmation before committing to the next trend move.

From a structural perspective, Solana’s broader uptrend remains intact. The sequence of consecutive higher highs and higher lows has not been broken, which means the current move can still be classified as a higher low in the context of the larger bullish trend. Holding above $200 increases the probability of continuation toward $260 and potentially higher resistance levels.

Solana Open Interest, Source: Coinglass

One of the most notable developments during this correction has been the reset of open interest. As price fell, many active contracts were closed, returning open interest to neutral levels. This is a healthy sign for market structure because it clears excessive leverage and creates the conditions for fresh positions to open.

When open interest begins to rise again alongside increasing price, it will indicate new bullish flows entering the market, adding momentum for continuation higher.

What to expect in the coming price action

If Solana continues to defend the $200 support, the probability of a bullish rotation increases. With market structure intact and open interest reset, conditions favor another leg higher toward $260.

A sustained breakdown below $200 would weaken the bullish outlook, but for now, the confluence of support and reset positioning points to continuation of the broader uptrend.



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HBAR price poised for a crash as Hedera forms a risky pattern
GameFi Guides

HBAR price in pullback, but technicals point to big reversal

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The HBAR price has pulled back and entered a bear market after falling by 30% from its year-to-date high. 

Summary

  • Hedera price is in the second phase of the Elliot Wave pattern on the daily chart.
  • HBAR has also formed a bullish flag chart pattern on the daily chart.
  • The coin will benefit from the ongoing Hedera stablecoin growth.

HBAR price Elliot Wave analysis

Hedera (HBAR) token dropped to $0.2147, with its volume and futures open interest falling to $193 million and $357 million, respectively. 

Technical analysis suggests an eventual rebound in the HBAR price. A closer look shows that it rose from a low of $0.1265 on June 22 to a high of $0.3047 on July 27. This surge was the first phase of the Elliot Wave pattern. 

The Hedera price has now entered the second phase, characterized by a pullback that is between a 50% and 61.8% retracement of the first phase. 

This phase is then followed by the third wave, which is usually the longest. In this case, it may jump to last year’s high of $0.40, which is about 85% above the current level.

The coin has formed other positive chart patterns. For example, it has formed a bullish flag pattern, which is characterized by a vertical line and a descending channel. This pattern resembles a hoisted flag, and it often leads to a strong bullish breakout. 

Hedera Hashgraph price also remains above the 100-day Exponential Moving Average. That is a sign that bulls remain in control despite the recent pullback. 

HBAR price chart | Source: crypto.news

Hedera stablecoin growth and ETF approval

A potential catalyst for the HBAR price is the ongoing rebound of stablecoin supply. Data compiled by DeFi Llama shows that the USDC supply increased by $45 million over the last seven days. This rebound has brought its total supply to over $115 million.

Stablecoins are a crucial component of any layer-1 or layer-2 network, particularly following the signing of the GENIUS Act. This growth explains why Justin Sun’s Tron has become one of the biggest and most profitable networks in the crypto industry. 

The other potential catalyst for the HBAR price is that the Securities and Exchange Commission is considering multiple ETFs. An HBAR ETF is likely to boost the price due to rising demand from American investors.



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XRP price holds $2.70 support as Open Interest resets
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XRP price falls despite $71m surge into spot Ripple ETF

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XRP price remained in a bear market this week after falling by 25% from the year-to-date high despite a surge in ETF inflows.

Summary

  • XRP price crashed to a crucial support level as ETF inflows jumped.
  • The recently launched XRP ETF has had over $71 million in inflows.
  • Technical analysis points to a strong rebound in the near term.

Spot XRPR ETF inflows soar

The Ripple (XRP) token was trading at $2.77 on September 27, down from the all-time high of $3.65. 

The XRP price crash mirrored the performance of other cryptocurrencies, such as Ethereum and Bitcoin. This decline was attributed to rising Federal Reserve jitters and soaring liquidations in the cryptocurrency market. 

On the positive side, there is robust demand for the recently-launched spot XRP ETF. Data compiled by ETF.com shows that the ETF has had over $71 million in inflows since its inception last week. 

Most of these inflows occurred on Thursday, when they increased by over $36 million. The fund now has over $66 million, a substantial amount for an ETF launched by a relatively small fund manager, with an expense ratio of 0.75%.

Other XRP-linked ETFs have also had strong inflows this year. For example, the Teucrium 2x XRP ETF (XXRP) has had inflows in each week since its inception, bringing its assets under management to $383 million.

XXRP ETF inflows | Source: ETF

These numbers indicate a strong demand for XRP assets on Wall Street. They also mean that the spot XRP ETFs offered by companies like Franklin Templeton and Invesco will experience robust inflows due to their lower fees. 

Analysts at JPMorgan predict that these funds will have over $8 billion in inflows in the first year.

XRP price technical analysis

Ripple price chart | Source: crypto.news

The daily chart shows that the XRP token has formed numerous bullish patterns. For example, it has formed a triple-bottom pattern at $2.7212. A triple-bottom often leads to a strong bullish breakout. 

The coin has also formed a falling wedge pattern, which is made up of two descending and converging trendlines. This pattern is also part of the handle section of the cup-and-handle pattern.

At the same time, it is in the second phase of the Elliot Wave pattern. Therefore, the coin is likely to experience a strong bullish breakout, potentially reaching the year-to-date high of $3.660. 



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$200,000 BTC: Mike Novogratz Predicts Bitcoin Price Surge
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$200,000 BTC: Mike Novogratz Predicts Bitcoin Price Surge

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  • Does Bitcoin cycle still work?
  • How could crypto transform the world?

Galaxy Digital CEO Mike Novogratz has issued yet another bold Bitcoin prediction. “Can Bitcoin get to 200,000? Of course it could,” he said.

Novogratz believes the current crypto cycle could play out differently than previous ones, citing unprecedented institutional interest and the rise of tokenized finance.

Speaking on Kyle Chasse’s podcast, Novogratz reflected on the scale of recent Bitcoin activity handled by Galaxy, noting, “When we sold $9 billion of Bitcoin for a customer, I thought to myself, where would Bitcoin be if I hadn’t sold that $9 billion? A lot higher. That’s the scale we’re talking about.”

Does Bitcoin cycle still work?

Novogratz warned that market frenzies often peak in ways that exceed expectations. “”he last leg of stock market frenzies always gets crazier than you can imagine. At the end of the day, price is more than just numbers on a chart — it’s about narrative, community, and belief,” he said.

Historically, crypto markets have moved in four-year cycles, often culminating in euphoric peaks followed by sharp corrections. 

“Normally, this would be the time we should be selling it all and going away,” Novogratz said, referencing the pattern seen in 2017 and 2021. “And the most dangerous words in investing are, ‘It could be different this time.’ But — it’s going to be different this time.”

How could crypto transform the world?

Novogratz argued that the difference now lies in institutional adoption and infrastructure development. “What we’re seeing at Galaxy is every bank and institution realizing, ‘We need some form of hot and cold wallets because we’re going to trade currencies in token and equities in token.’ Custodians are going to be important,” he explained.

He revealed that Galaxy recently tokenized its own stock on Superstate, which runs on Solana. While early trading volumes have been modest, Novogratz expects that tokenized equities will eventually trade on decentralized exchanges — a development he believes will be transformative.

“Larry Fink was important for the price of Bitcoin and credentializing the space,” Novogratz said. “But for crypto to really transform the world, you need this amalgamation of trade and DeFi — and it’s going to happen.”



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Ethereum Foundation dumps 10K ETH as price struggles at $4,300
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Ethereum price hits $4k support as ETFs see record $795m outflow

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Ethereum price crashed for two consecutive weeks and retested a crucial support level as exchange-traded fund outflows jumped. 

Summary

  • Ethereum’s two-week slide has brought the token back to a key $4,000 support level, pressured by waning institutional demand and record ETF redemptions.
  • U.S.-listed ETH funds shed nearly $800 million in assets this week—their largest outflow to date—erasing the strong inflows of early September.
  • With $26 billion still parked in Ethereum ETFs, representing 5.37% of total supply, the pullback underscores how quickly institutional sentiment toward the world’s second-largest cryptocurrency can shift.

Ethereum price falls as ETH ETF outflows rise

Ethereum (ETH) was trading at the important support level at $4,000, down from the year-to-date high of $4,920. It remains up by 190% above the April low of $1,377.

ETH price pulled back this week as demand from American institutional investors slowed and liquidations rose. 

Data shows that ETH ETFs suffered a record $795 million outflow this week. The previous weekly record was in the first week of September, when they shed over $787 million in assets.

Ethereum funds experienced inflows of $556 million last week and $637 million the week before. That is a sign that the growth momentum among American institutions is falling. 

These funds now have $26 billion in assets, which is equivalent to 5.37% of the total supply. 

ETH price also slipped after suffering a whopping $1.5 billion in liquidations during the week. These liquidations happened as exchanges like Binance and OKX closed leveraged bullish trades as the price crashed. Historically, an asset drops when there are a big increase in liquidations.

Macro factors also contributed to the Ethereum price crash. For example, there are concerns on whether the Federal Reserve will continue cutting interest rates in the coming weeks amid persistent inflation. A report released this week showed that the personal consumption expenditure moved further away from the Fed target of 2.0%.

ETH price technical analysis

Ethereum price chart | Source: crypto.news

The weekly chart shows that the ETH price pulled back from the year-to-date high of $4,918 to a low of $3,825 this week.

On the positive side, the coin has formed a break-and-retest pattern since the current level is along the highest point in March, May, and November last year. A break-and-retest is a common continuation sign. 

The coin has also remained above the 50-week and 100-week Exponential Moving Averages. Therefore, the outlook is bullish as long as it remains above the support at $4,000. If this happens, the coin will likely retest the all-time high and move towards $5,000.



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Solana Faces Mild 111.7% Liquidation Imbalance as Price Leads Gainers
Crypto Trends

Solana Faces Mild 111.7% Liquidation Imbalance as Price Leads Gainers

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On Saturday, Solana has not only flipped to the green zone, it has also recorded the highest daily price surge among all 10-largest cryptocurrencies by market capitalization. Amid this positive trend, the leading altcoin has seen the majority of its bearish traders wiped out in its 24-hour liquidation event, according to data from CoinGlass.

Solana bounces back in favor of bulls

After registering a notable 4% increase in its price over the last day, Solana has experienced a wide gap in its long and short liquidations, setting its derivatives market up due a liquidation imbalance of 111.7% within the past day.

In the last 24 hours, over $15 million in SOL was wiped out from its derivatives market due to the high price volatility witnessed during the day.

Meanwhile, traders opening short positions accounted for the largest portion of the losses suffered during the period. Notably, the data shows that long traders recorded only a minor loss of $4.95 million during the day, while short traders faced a major loss of $10.48 million.

The large gap in the long and short liquidations has seen Solana record a mild liquidation imbalance of 111.7% in favor of traders betting for its potential upsurge.

Apparently, bulls were not entirely favored as they were not completely exempted from the liquidation, they only endured a relatively lighter impact compared to the significant losses faced with traders betting against SOL’s upside momentum.

This is because Solana was spotted trading deeply in red territory before its sharp reversal to the gainer’s side. As such, the sudden reversal in SOL’s price during the 24-hour period caught both sides off guard. However, short traders bore heavier losses as Solana sharply recovered to lead the day’s top gainers.

While this trend suggests that buyers are increasingly taking control of the market despite the volatility, Solana is poised for further price upswings, preparing the market for a major price breakout.

While the countdown to the SEC’s final review on spot crypto ETFs has begun, market watchers are confident about the possible launch of a Solana ETF soon, further driving momentum for the token and pushing its price to set new records soon.



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Stellar (XLM) Price Eyes $0.4, One Last Hurdle in Way
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Stellar (XLM) Price Eyes $0.4, One Last Hurdle in Way

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Stellar (XLM) has, in the last 24 hours, jumped by over 3% in price as the asset outperforms the broader cryptocurrency market. The coin looks likely to hit the $0.40 price level if it is able to sustain the current momentum.

Stellar’s path to $0.40 depends on market sentiment

However, for Stellar to hit $0.40, the asset needs to overcome investors’ reluctance to engage with it. This is despite a recent boost to XLM following a generic nod by the Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF).

Notably, the SEC has given the green light to Hashdex Nasdaq Crypto Index under its new generic listing standards. Many market participants believe this will open the way for more institutional adoption of Stellar, a development that could positively impact price.

As of this writing, the trading volume remains deep in the red zone, down by 31.98% at $196.35 million. If investors rekindle their interest and actively engage in buying XLM, it could easily flip the $0.40 target.

Stellar is currently changing hands at $0.3597, which represents a 1.75% increase in the last 24 hours. It had earlier hit a peak of $0.364 before slipping due to market volatility. This suggests that it could breach $0.40 if it has enough support from holders.

Worthy of mention is that transactions on the network have become cheaper and faster since the Stellar Protocol 23 Whisk went live early in September. This development might serve to attract more users to the network and possibly boost the price outlook.

Additionally, the institutional adoption of XLM by the card payment giant Visa is another bullish catalyst that could support price growth. Stellar’s utility could increase with the Visa collaboration.

Analysts predict bullish breakout if $0.40 resistance flips

Meanwhile, Ali Martinez, a popular on-chain analyst, has predicted that, based on the “head and shoulders pattern” of Stellar, if a bullish breakout occurs, XLM could target $1. However, to rise to such a height, it needs to find stability above $0.40 and flip $0.50.

This projection depends on the ability of buyers to hold certain critical support levels. The coin would need to breach $0.40 and stabilize above this level while volume soars. A previous 36% spike in volume recently created a notable price increase.

Market observers are keenly watching how Stellar performs in the coming days and if the momentum is strong enough to sustain a bullish rally.



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XRP
Crypto Trends

XRP Price Final Low: Here’s The Target To Watch For Next Recovery

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Crypto analyst CasiTrades has indicated that the XRP price could drop to a final low before it begins its next leg to the upside. In line with this, she highlighted the target to watch out for as altcoin looks to end this downtrend and begin its recovery. 

Level To Watch As XRP Price Eyes Final Low

CasiTrades revealed in an X post that $2.715 might mark the final low for the XRP price before it begins its wave 3 impulsive move to the upside. She noted that the price level is the bottom trendline of the consolidation and, importantly, would still not make a new low in the correction. This came as the analyst highlighted that altcoin had faced a significant rejection at the $3 resistance. 

Furthermore, the XRP price also lost its major .5 fib support at $2.79 and even retested it as resistance. She added that the rejection was sharp and that the Relative Strength Index (RSI) is reflecting strong pressure, which suggests that the market may need to drop to lower levels for this correction to be over. This is why she believes that token may still fall to $2.715. 

Source: Chart from CasiTrades on X

Meanwhile, CasiTrades explained that the price is now forming a divergence on the higher timeframes but that the smaller timeframes haven’t fully exhausted yet. She stated that this suggests that the larger move down is unfolding as a 5th wave, but it hasn’t finished just yet, which is why the altcoin could drop lower. 

The analyst added that some altcoins, such as Ethereum and DOGE, have already reached their bottom targets. Meanwhile, others, including the XRP price, require one last dip to fully exhaust the selling pressure before sentiment can shift bullish. 

Key Signs To Watch For The Altcoin

As part of the key signs to watch, CasiTrades noted that the 1-hour RSI has printed a bullish divergence and is holding a clear trendline. She claimed that a final drop to this price level would help confirm exhaustion. Meanwhile, the altcoin price reclaiming $2.79 by the daily close would be a strong signal, especially if it flips it back into support. 

The crypto analyst assured that the current XRP price action isn’t weakness but a shakeout. She added that tight consolidation, then volatility, and now exhausted selling are the perfect conditions needed for the next major breakout and a fresh market trend. However, crypto analyst Ali Martinez suggested that XRP could drop way lower than the projected bottom at $2.715, noting that there is a gap between $2.73 and $2.51.

At the time of writing, the XRP price is trading at around $2.78, up in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.77 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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