XRP Price Analysis: Can XRP Break $1.20 After Upbit Flow Surge?
XRP trades near $1.18 as ETF inflows, Upbit wallet flows, and technical resistance shape its next move toward the $1.20-$1.30 zone. June 15.
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Institutional investors are reallocating within crypto, favoring altcoins like XRP and HYPE, indicating a shift in market dynamics. The post Bitcoin spot ETFs see $316M outflows, marking fifth week of decline appeared first on Crypto Briefing.
Read full articleXRP trades near $1.18 as ETF inflows, Upbit wallet flows, and technical resistance shape its next move toward the $1.20-$1.30 zone. June 15.
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Bitcoin rose above $65,500 after a U.S.-Iran deal eased oil fears, while ETF outflows and technical resistance still pressure BTC price.
XRP price started a steady increase above $1.1650. The price is now consolidating gains and might aim for more gains above the $1.20 zone. XRP price started a steady increase above the $1.150 zone. The price is now trading above $1.160 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $0.140 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.20. XRP Price Aims for Fresh Increase XRP price started a fresh upward move above $1.1450 and $1.150, like Bitcoin and Ethereum. The price gained pace for a clear move above the $1.1680 resistance. The bulls even pumped the price toward the $1.1880 zone. A high was formed at $1.1926, and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $1.0879 swing low to the $1.1926 high. The price is now trading above $1.180 and the 100-hourly Simple Moving Average. Besides, there is a bu
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Bitcoin price started a fresh increase and cleared the $64,500 zone. BTC is consolidating and might aim for more gains above the $66,200 level. Bitcoin managed to stay above $62,500 and started a fresh increase. The price is trading above $64,500 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $64,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $65,500 and $66,200 levels. Bitcoin Price Regains Strength Bitcoin price found support near $60,800 and started a fresh increase. BTC gained pace for a move above the $61,500 and $63,200 resistance levels. The bulls even pushed the price above $64,500. A high was formed at $65,847, and the price started a consolidation phase above the 23.6% Fib retracement level of the upward move from the $60,746 swing low to the $65,847 high. Bitcoin is now trading above $64,500 and the 100 hourly simple moving average. Besides, there is a bul
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