XRP Flirts With A Daily Range Breakdown – Price Must Hold Above $2 Level
XRP has fallen below the $2 mark for the first time since early February, following the broader market breakdown that has pushed most cryptocurrencies lower. Despite the intense selling pressure, XRP has held up stronger than many other altcoins, avoiding the steep declines seen across the market. However, uncertainty remains high, with analysts divided on XRP’s next move. Related Reading: Charts Reveal Cardano Holds Key Support Zone – Staying Above Could ‘Set The Next Move’ Some experts believe that if XRP can reclaim key resistance levels, it could trigger a recovery rally, bringing back....
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The XRP price is still trending low after the recent market crash, which has put it below the $2.2 level. This has seen the breakdown of multiple support levels, leaving only the $2 support level to hold up for the bulls to hold. At the same time, there have been several formations on the XRP […]
Strongly bearish fundamentals act as tailwind to Avalanche's technically bearish setup. Avalanche (AVAX) gained 0.5% to reach over $31 on May 23 but AVAX price remains trapped inside a trading range that appears like a "bear pennant" structure.Avalanche could get buried technicals Bear pennants are bearish continuation patterns, i.e., they resolve after the price breaks out of them to the downside and then—as a rule of technical analysis—falls by as much as the height of the previous downtrend, also called "flagpole."AVAX is nearing a technical breakdown as its price moves toward the....
XRP has been on a consistent downward trend since the beginning of the just concluded week. A steady flow of consecutive bearish candles on the daily timeframe has pulled the price lower each day, eventually guiding it toward an important support at the time of writing. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? As of now, XRP is pressing against the lower boundary of a symmetrical triangle, which could determine whether this dip becomes a deeper fall or the start of a rebound for the cryptocurrency. Symmetrical Triangle Support In Focus The....
In this morning's twice-daily bitcoin price watch piece, we published our expectations for the day's session across Europe. We suggested a number of the key levels that we would be keeping an eye on as action in the bitcoin price matured throughout the day, and pointed out where we would look to enter and exit in the event that we got a breakout according to our scalp strategy. Now action has matured throughout the day, are we saw watching the same levels, did we manage to gain on any positions today, and what are we looking at moving forward? Take a quick look at the chart below. As the....
The Bitcoin price action is currently testing investors’ nerves as it hovers around $100,000. While it flirts with this psychological level, analysts are highlighting June 22, 2025, as a key date for potential volatility. Backed by both historical volatility patterns and technical indicators, this date is gearing up to be a critical window for Bitcoin’s next move. Bitcoin Price Braces For Volatility On June 22 Bitcoin is entering a decisive phase as it trades above the $100,000 mark, with technical signals identified by TradingView expert ‘readCrypto’ aligning around a critical....