XRP (XRP) may see another sharp rise to a double-digit price, but similar market setups in 2022 and 2017 pointed to an extended consolidation period before this happens. Key takeaways: XRP macro setup targets $10, but an extended consolidation is required before any sharp liftoff. XRP holds strong $1.80–$2 support since Dec 2024, which has historically produced 35%-90% price rebounds. Onchain data suggest XRP is at levels that have previously preceded sideways price action. XRP’s needs “longer accumulation” before rebound XRP defended the $1.78–$2 support band that it has held…
Tag: Price
Bitcoin price signals relief bounce, RSI divergence emerges
The current Bitcoin price is testing a key support zone. A bullish relative strength index (RSI) divergence is forming, signaling waning downside momentum and opening the door for a short-term relief bounce. Summary Bitcoin trades at channel support with value-area confluence. Bullish RSI divergence signals fading selling pressure. Relief bounce possible if current support continues to hold. RSI divergence occurs when price and the Relative Strength Index move in opposite directions, signaling a potential weakening of momentum that can precede a trend reversal or pause. A bullish divergence forms when…
Bitcoin ‘True Bottom’ Pending as Yen Fractal Signals 30% BTC Price Drop
Bitcoin (BTC) may face another sharp sell-off if growing talk of a Japanese yen (JPY) intervention turns into action, with past intervention episodes coinciding with 30% drawdowns in BTC price. Key takeaways: Past Japanese yen shocks saw BTC drop about 30%, and then recover by over 100%. Onchain data says the Bitcoin bottom is not yet confirmed. Bitcoin’s yen fractal shows 30% drawdowns before rebounds A yen intervention is when Japan’s authorities step into the forex market to influence the currency, most commonly by selling dollars and buying yen to…
Ethereum Whale Activity Increases as ETH Price Dips
Key Notes ETH is trading near $2,895, down about 9.5% over the past week. Large holders continue adding ETH despite short term seller control. ETH spot trading volume jumped 250% to about $350 billion on January 26. Ethereum ETH $2 885 24h volatility: 1.6% Market cap: $348.05 B Vol. 24h: $33.04 B is trading below major key levels, but large holders are aggressively buying the dip. At the time of writing, ETH is trading near $2,895, down about 9.5% over the past week. On-chain data shows steady whale buying even…
XRP Price Bearish Continuation Confirmed As Downside Pressure Builds
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…
Bitcoin price in focus as CME futures open with $2.9K gap
Bitcoin price began the week under pressure after CME futures reopened well below Friday’s close, drawing attention to a large pricing gap. Summary Bitcoin futures on CME opened the week with a sharp downside gap after weekend selling pushed prices lower in the spot market. The $2.9K gap has become a key level traders are watching, as similar gaps have often influenced short-term price moves. While near-term momentum remains fragile, analysts say longer-term catalysts could still reshape Bitcoin’s 2026 outlook. CME Bitcoin futures opened near $86,560 after closing the previous…
Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears
Ethereum price extended losses and traded below the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $2,920. Ethereum remained in a bearish zone and traded below $2,950. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,800 zone. Ethereum Price Dips Further Ethereum price failed to…
Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K
Bitcoin price extended losses and traded below $88,500. BTC is consolidating losses and might attempt a recovery wave if it clears $88,500. Bitcoin started a minor recovery wave from the $86,000 level. The price is trading below $88,200 and the 100 hourly Simple moving average. There is a new bearish trend line forming with resistance at $88,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might recover if it manages to settle above $86,200 and $86,000. Bitcoin Price Dips Further Bitcoin price failed to…
6-Week Window Can Rewrite Years of Price Action
Crypto traders often assume that meaningful gains need long timelines to take place, and they often give up during the wait and silence. However, crypto has a habit of shattering that belief without warning. History shows that when conditions line up, altcoins do not grind higher over years. They release and erase multiple years of drawdowns in a matter of weeks. That memory was highlighted by a crypto commentator known as Waterman on the social media platform X, who noted a familiar seasonal window between February and late April to…
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