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XRP is in a compression phase, and technical analysis indicates that the price action may be approaching a point where patience turns into panic before direction finally becomes clear. XRP’s chart setup is filled with uncertainty, but there’s one critical support level that could decide XRP’s next move and another price level it needs to overcome for bullish confirmation. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder XRP’s Descending Broadening Wedge Pattern XRP’s price action has been on a downward path of lower highs since the beginning of the year, and this extends to a correction since its July 2025 peak at $3.65. This price action, according to technical analysis done by popular crypto analyst Egrag Crypto, has led to the formation of a descending broadening wedge on XRP’s higher-timeframe chart. A descending broadening wedge pattern often appears during late-stage accumulation phases, with expanding volatility constrained within d
Read full articleOil markets slid over the Memorial Day weekend as President Trump said a deal to reopen the Strait of Hormuz is “largely negotiated,” pulling Brent crude below $99 while bitcoin held near $77,000 with U.S. stock exchanges shuttered for the holiday. Trump Signals U.S.-Iran Deal Pushes Brent Crude Below $99 as WTI Eyes $80s Brent […]
Fixed-income investors are in a "panic" as government securities, once seen as low-risk, begin to crack, according to BitMEX researcher Shang Wu.
MoonPay's new app lets users buy cryptocurrencies, including Bitcoin and Solana, through ChatGPT just by speaking with the chatbot.
Upbit and Bithumb posted record negative Bitcoin volume on May 19 as Binance stayed green. Days later, STH Market Cap shed $65B. The divergence no one saw coming. Something broke first in Seoul. On May 19, Upbit posted the largest negative Bitcoin spot volume reading in the exchange’s recorded history, negative $9.3 billion in a […] The post Korea Dumped $11B in Bitcoin. Then $65B Disappeared in 3 Days appeared first on Live Bitcoin News.
After a terrible start to the weekend, the Bitcoin price jumped back to life on the back of news of a potential agreement between the United States and Iran. However, ignoring the potential impact of fresh geopolitical news or events, the current price structure suggests that new investors would be catching a falling knife. According to a chart highlighted on the X platform, the Bitcoin price appears bound for a drop to around $72,000, at least in the short term. BTC Price Trading In Ascending Channel Pattern Prominent chartist Aksel Kibar took to the social media platform X to share an interesting layout of the Bitcoin price, suggesting the coin might be on its way down to around $72,500. This highlighted chart shows the formation of an ascending channel on the BTC daily timeframe over the past few months. Related Reading: Key Volume Signals Are Driving XRP Momentum Amid Market Uncertainty For context, an ascending channel is a technical analysis pattern characterized by two major (up
How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.
XRP’s recent price action reflects growing indecision, with volatility contracting on higher timeframes while shorter-term charts show repeated reactions from established support and resistance zones. Such compression periods often precede significant directional moves, making the upcoming sessions particularly important for the asset. Ripple Price Analysis: The Daily Chart On the daily timeframe, XRP remains trapped […]
Bitcoin remains under bearish pressure after failing to sustain momentum above the critical $80K-$82K resistance region. However, recent price action suggests buyers are attempting to defend the important $75K support zone, increasing the probability of a short-term corrective rebound before the broader downtrend resumes. While the market structure still favors sellers, the current positioning near […]
