Bitcoin Mirrors The 30% Crash Setup But Order Flow Is Different
Bitcoin traders are again staring at a chart structure that resembles the setup that preceded the market’s roughly 30% drop from late January into early February. But several order-flow analysts argue the comparison is incomplete, because the underlying spot-book picture looks materially stronger this time. Will The 30% Bitcoin Crash Repeat? That debate picked up on March 24 after analyst Exitpump (@exitpumpBTC) posted a chart comparing the current range with the earlier breakdown zone. The visual similarity is hard to miss: in both cases, BTC traded inside a defined consolidation before....
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A crypto analyst has sparked fresh discussions on X social media after pointing out an eerie similarity between the current XRP price structure and its 2017 setup. Back then, the cryptocurrency experienced a sudden flash crash on Binance, dropping from $0.36 to $0.001 before soaring tens of thousands of percent to its all-time highs just weeks later. XRP Mirrors Flash Crash Setup From 2017 A new technical analysis by a crypto market expert known as ‘Guy on the Earth’ on X recalls December 2017, when XRP faced an alleged rug pull moment from Binance, which sent its price into a sharp,....
XRP has been through a rollercoaster over the past few days, tumbling in a crash alongside the rest of the crypto market. The crash drove XRP’s price to a flash low of $1.64 before it recovered to $2.36, with volumes surging 164% above the 30-day average. This flash crash created a notable downside wick on XRP’s price chart, which, according to a technical analyst, is reminiscent of a 2017 price structure that suggests that the cryptocurrency is about to enter into a massive rally. XRP 2017 And 2025 Setup Shows Striking Similarities XRP’s recent flash crash has grabbed....
The Dogecoin price is once again in the spotlight, as new reports show it mirroring a familiar chart pattern that has historically preceded major breakouts. Analysts have identified this recurring setup, raising speculation that another upward move could be on the horizon for the popular meme coin. Dogecoin Price Mirrors Historic Breakout Setup A Pseudonymous […]
Crypto analyst Barri C believes the XRP price could soon undergo a significant market movement. He says the chart pattern now resembles almost precisely what it did years ago, before XRP experienced its most notable price surge. The analyst thinks the market is repeating the same setup that once sent XRP soaring, and this could push the price to much higher levels in the coming months as trading activity and excitement build again. Analyst Says XRP Price Market Structure Mirrors 2017 Setup Barri C said that the XRP market is repeating what it did in 2017 before its sharp rise. Back then,....
Dogecoin currently boasts a bearish outlook, having dropped below the $0.30 psychological level and is now at risk of losing the $0.20 level. This bearish outlook is further strengthened by a drop in DOGE’s social sentiment, mirroring Ethereum, which has also suffered significant price crashes. Dogecoin Mirrors Ethereum As Social Sentiment Tanks In an X […]