Bitcoin, Altcoins Consolidate In Search Of New Price Floor

Key points: Bitcoin spot selling keeps a $60,000 retest open as a short-term outcome. Several major altcoins risk resuming the downtrend, indicating a negative investor outlook. Bitcoin (BTC) has again come under pressure, dropping below the $66,000 level during the early hours of the US trading session. According to Kaiko Research, a 52% retracement from the all-time high was “unusually shallow,” and a drawdown of 60% to 68% was more in line with previous bear market cycles. That suggests BTC might bottom between $40,000 and $50,000. BTC seems to have…

XRP price could fall below $1 if Bitcoin reaches this level

Cryptocurrency analyst TARA has forecast that XRP could decline below the $1 psychological support level, citing the altcoin’s correlation to Bitcoin’s price movements, according to a social media post. Summary Analyst TARA warns XRP could drop below $1 if Bitcoin experiences a near-term correction, citing correlation with Bitcoin and key Fibonacci support levels. Another analyst, CasiTrades, sees XRP in a Wave 4 relief bounce, with potential lower targets if key retracement levels fail to hold, but notes these levels may offer long-term buying opportunities. Despite short-term downside risks, both analysts…

Analyst Wans XRP Price Could Crash Below $1 If Bitcoin Reaches This Level

Crypto analyst TARA has predicted that the XRP price could still crash below the psychological $1 level. This came as she drew the altcoin’s correlation to Bitcoin’s price action, while highlighting how a BTC crash could also push XRP to as low as $0.87. XRP Price Could Drop To $0.87 If Bitcoin’s Crash Deepens In an X post, TARA stated that a Bitcoin crash to $52,200 would bring the XRP price down to its .786 support at $0.87. She noted that this level is also the .618 extension and the…

Here’s Why The XRP Price Has Been In A Consistent Downtrend Since 2025

On-chain data from Glassnode has unveiled the reason why the XRP price has been in a persistent downtrend since 2025. Notably, the XRP price crashed from its high above $3 last year and has been falling ever since. While many in the crypto space believed XRP could eventually reclaim the $3 level, the cryptocurrency has continued to struggle, shedding more gains each month amid broader market weakness and a shift in sentiment.  Why The XRP Price Has Been Declining Since 2025 Glassnode has attributed XRP’s prolonged price correction since 2025…

Why Bitcoin price gartley pattern signals potential move toward $80,000

Bitcoin price action is beginning to resemble a developing Gartley harmonic pattern, raising the probability of a technical reversal toward the $80,000–$82,000 region if key Fibonacci support holds. Summary Gartley harmonic structure is developing, targeting the $80,000–$82,000 zone 0.618 Fibonacci support remains intact, defining a potential higher low Bullish volume confirmation is required, for the reversal thesis to play out Bitcoin (BTC) has spent recent sessions consolidating after a sharp corrective move, with price behavior on the intraday timeframe beginning to form a recognizable harmonic structure. While broader market sentiment…

XRP Eyes Major Structure Shift As Price Tests Critical Level

After recovering from last week’s lows, XRP has been moving sideways, hovering between $1.40 and $1.45 during the past four days. As the price attempts to hold its local range lows, a market observer has affirmed that the cryptocurrency could be preparing for a potential recovery if its critical level holds. Related Reading XRP At Critical Inflection Point On Tuesday, crypto analyst ChartNerd highlighted XRP’s performance over the past six months, suggesting that the altcoin could be ‘Positioned for a Major Bullish Structure Shift.” He explained that the cryptocurrency has…

PlanB Bitcoin Market Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin bull market was weak, so will the bear market be shallow? PlanB website: PlanB X account: Affiliate exchange: Charts & Data: RISK DISCLOSURE: THE CONTENT AND INFORMATION PROVIDED BY PLAN B ARE FOR ENTERTAINMENT PURPOSES ONLY AND SHOULD NOT BE TREATED AS FINANCIAL ADVISORY SERVICES OR INVESTMENT ADVICE. TRADING AND INVESTMENT IN CRYPTOCURRENCIES INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT RECOMMENDED FOR ANYONE THAT IS NOT A TRAINED INVESTOR—IT SHALL BE CONDUCTED AT YOUR OWN RISK. IT IS RECOMMENDED THAT…

XRP Price Faces Critical Test, Failure Could Trigger Another Slide

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Slips Into Danger Zone As Breakdown Threat Grows

Ethereum price started a recovery wave above $2,000. ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Dips Again Ethereum price managed to form a base above $1,950…

Bitcoin Price Fails To Stabilize, Is Another Drop Imminent?

Bitcoin price started a recovery wave above $68,500. BTC is now struggling to clear $72,000 and might start another decline in the near term. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading below $70,000 and the 100 hourly simple moving average. There is a short-term bearish trend line forming with resistance at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,000 and $67,700 levels. Bitcoin Price Faces…