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The broader cryptocurrency market is experiencing heightened volatility, causing XRP’s price to retest support levels such as $1.33. With the altcoin experiencing steady downside movement, this move has introduced serious pressure on investors and traders as they endure losses from their positions. Waning XRP Price Movement Intensifies Pressure On Traders XRP traders are experiencing pressure […]
Read full articleXRP's price drop and breached support levels may erode investor confidence, potentially hindering its ability to reach future price targets. The post XRP drops 4% below $1.3 amid heavy selling, $1.1 support in focus appeared first on Crypto Briefing.
XRP could fall another 59% to 62% against Bitcoin before finding solid ground, according to technical analysis shared by chart analyst Chart Nerd. That target sits in the 0.0000071 to 0.0000065 range on the XRP/BTC pair, a level that has historically drawn buyers back into the market. Related Reading: Crypto Market Sees $1.46B Fund Exodus As Traders Turn Cautious A Pattern Of Lower Highs The XRP/BTC pair has been printing lower highs since 2017 — nearly a decade of consistent underperformance against Bitcoin. Each recovery attempt has fallen short of the previous one, with peak readings near 0.000097 in January 2019 giving way to 0.0000426 in November 2020, then 0.0000390 in May 2021, followed by 0.0000297 in July 2023, and most recently 0.0000257 in January 2026 — all stopped out beneath a long-running descending resistance line. I’m sorry to break this to my $XRP community. i’m just tired of the constant hopium: we have been underperforming #Bitcoin since 2017, with NO signs of any m
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Chainlink is trading below $10 as the market faces a critical test around support levels that have held through weeks of sideways price action without delivering the breakout bulls have been waiting for. The price is under pressure — but top analyst Darkfost has identified a signal in the exchange flow data that suggests the […]
XRP price extended losses and traded below $1.30. The price is now consolidating losses and faces hurdles near $1.30 and $1.340. XRP price started another decline and traded below the $1.30 zone. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.340 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.340. XRP Price Dips Below $1.30 XRP price failed to stay above $1.340 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.3250 and $1.3120 to enter a short-term bearish zone. The price even extended losses below $1.30. A low was formed at $1.2677, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3638 swing high to the $1.2677 low. The price is now trading below $1.30 and the 100-hourly Simple Moving Average. If there is a fresh recove
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The post XRP MVRV Hits Lowest Level Since 2020 As Traders Sell Into Fear appeared on BitcoinEthereumNews.com. Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader
