XRP's price momentum weakened after failing to break above the $1.50 resistance level, leading to a consolidation phase near $1.40. Despite short-term selling pressure and corrective moves on hourly and four-hour charts, the broader bullish trend remains intact as long as support above $1.38 holds. Technical indicators show mixed signals, with some buy signals on short-term moving averages and a positive MACD, suggesting potential for a bullish rebound if XRP reclaims $1.45 and targets higher resistance levels. Traders are advised to watch critical support and resistance zones closely for signs of trend continuation or further correction.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
