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Bullish Trend Signals New Peaks Ahead

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Bitcoin price climbed higher above the $70,000 level. BTC is now holding gains above support and might aim for another increase in the near term.

  • Bitcoin extended its increase above the $70,000 zone.
  • The price is trading above $69,000 and the 100 hourly Simple moving average.
  • There was a break above a key bearish trend line with resistance at $69,000 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could start another increase unless there is a move below the $68,500 support.

Bitcoin Price Holds Support

Bitcoin price started another increase from the $68,000 support zone. BTC cleared the $69,000 resistance to move further into a positive zone. There was a break above a key bearish trend line with resistance at $69,000 on the hourly chart of the BTC/USD pair.

The pair even climbed above the $70,000 resistance zone. A high was formed at $70,600 and the price recently corrected lower. There was a move below the $70,000 level. The price declined below the 50% Fib retracement level of the upward move from the $67,971 swing low to the $70,600 high.

However, the bulls are now active near the same trend line. They are protecting the 61.8% Fib retracement level of the upward move from the $67,971 swing low to the $70,600 high.

Bitcoin price is now trading above $69,000 and the 100 hourly Simple moving average. If there is a fresh increase, the price might face resistance near the $70,000 level. The first major resistance could be $70,600. The next key resistance could be $71,200.

Bitcoin Price
Source: BTCUSD on TradingView.com

A clear move above the $71,200 resistance might send the price higher. In the stated case, the price could rise and test the $72,000 resistance. Any more gains might send BTC toward the $73,200 resistance.

Another Drop In BTC?

If Bitcoin fails to climb above the $70,600 resistance zone, it could continue to move down. Immediate support on the downside is near the $69,000 level.

The first major support is $68,500. The next support is now forming near $68,000. Any more losses might send the price toward the $66,500 support zone in the near term.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level.

Major Support Levels – $69,000, followed by $68,500.

Major Resistance Levels – $70,000, and $70,600.



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XRP Dips To $1.97 – A Golden Opportunity Before The Next Rally?

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XRP recent surge appears to be entering a cooling phase as the price edges lower to the $1.97 level, an area acting as a pivotal support. After a strong upward move fueled by improved market sentiment, the current pullback signals a potential pause rather than a full reversal. 

The $1.97 zone now stands as a critical support level, previously acting as resistance during XRP’s recent climb. If buyers step in with strength and volume begins to rise, this dip could prove to be a strategic entry point for those eyeing the next breakout.

Key Support Holds At $1.97 – Is XRP Building A Base?

XRP’s pullback to the $1.97 level has brought attention to the critical support zone that may serve as a foundation for the next leg up. Despite broader market fluctuations, price action has shown resilience around this area, with buyers stepping in to defend the level. Historically, $1.97 has acted as a pivotal point during previous rallies and corrections, increasing its significance as a potential accumulation zone.

The Moving Average Convergence Divergence (MACD) indicator is beginning to flash early signs of a potential bullish reversal for XRP. After the recent dip to $1.97, the MACD line is showing signs of converging toward the signal line, hinting that bearish momentum may be losing steam. This subtle shift often precedes a reversal and suggests that buyers are gradually regaining control.

XRP

Should the MACD complete a bullish crossover, where the MACD line crosses above the signal line, it will reinforce the argument for a rebound. When paired with XRP’s position above key support, such a signal could confirm that market sentiment is tilting in favor of the bulls. A strengthening MACD histogram, reflecting diminishing downside pressure, would further validate this shift and add weight to the case for an upward move in the coming sessions.

Bulls On Standby: What Needs To Happen For A Breakout

Several key conditions must be met before momentum shifts decisively in the bulls’ favor as XRP’s price action nears the $1.97 support zone. First, XRP needs to firmly establish $1.97 as a solid base, with multiple successful defenses of this level reinforcing buyer confidence. A rebound from this zone would signal underlying strength and provide the first step toward an upside breakout.

Secondly, volume needs to step in. A breakout without a noticeable increase in trading volume risks being a false move. Sustained buying pressure would confirm that market participants are positioned for a trend reversal. Additionally, a decisive break above nearby resistance levels such as $2.25 or higher would invalidate the current consolidation phase and open the door for further gains.

Lastly, indicators like the RSI and MACD must align with the bullish narrative. A rising RSI, without entering overbought territory, and a bullish MACD crossover would solidify the technical foundation for an upward move.

XRP



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XRP Slides Into Bearish Zone Amid Weak Trading Signals

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XRP gained only 2% in the past week, signaling weak momentum and fading interest from buyers in the short term.Technical indicators like the RSI, Ichimoku Cloud, and EMA lines are all starting to reflect increased bearish pressure. Here’s a breakdown of what the charts are saying and what could come next for XRP.

XRP RSI Shows Buyers Are Losing Control

XRP’s Relative Strength Index (RSI) has declined to 46.34, a noticeable drop from 57.30 just one day ago. This sharp move suggests a clear shift in momentum, with buying pressure cooling off significantly in the short term.

When the RSI drops this quickly, it can often indicate that traders are taking profits or beginning to rotate out of a position, especially after a period of modest gains.

While XRP hasn’t entered oversold territory yet, the drop below the 50 mark is typically viewed as a bearish signal, pointing to a potential shift in sentiment from bullish to neutral or bearish.

XRP RSI.
XRP RSI. Source: TradingView.

The RSI, or Relative Strength Index, is a widely used technical indicator that helps traders gauge the strength of a price trend. It ranges from 0 to 100, with readings above 70 considered overbought and readings below 30 considered oversold.

When the RSI is above 50, momentum is typically bullish, while levels below 50 reflect increasing bearishness. With XRP now sitting at 46.34, it suggests the asset is losing upward momentum and may be at risk of further downside unless buying interest returns soon.

If selling pressure continues and RSI trends lower, XRP could test key support levels in the near future.

XRP Ichimoku Cloud Shows Momentum Is Shifting

XRP’s Ichimoku Cloud chart currently shows a shift toward short-term bearish momentum.

The price has fallen below both the blue Tenkan-sen (conversion line) and the red Kijun-sen (baseline), which is typically viewed as a bearish signal.

When the price trades beneath these two lines, it often suggests weakening momentum and increasing downside risk unless a quick recovery follows.

XRP Ichimoku Cloud.
XRP Ichimoku Cloud. Source: TradingView.

Additionally, the price is now entering the green cloud (Kumo), which represents a zone of uncertainty or consolidation. The cloud ahead is relatively flat and wide, indicating potential support but also a lack of strong upward momentum.

The green Senkou Span A (leading span A) remains above the red Senkou Span B (leading span B), signaling that the broader trend is still slightly bullish—but if price action stays inside or breaks below the cloud, that trend may begin to reverse.

Overall, the Ichimoku setup points to caution for bulls unless XRP reclaims the Tenkan and Kijun lines convincingly.

EMA Lines Suggest XRP Could Fall Below $2

XRP’s EMA lines are showing signs of weakness, with XRP price repeatedly failing to break through the resistance near $2.17—even amid speculation about a potential partnership with Swift.

This repeated rejection at the same level indicates strong selling pressure. The EMAs suggest momentum is fading as the shorter-term average is beginning to bend downward.

XRP Price Analysis.
XRP Price Analysis. Source: TradingView.

A potential death cross, where the short-term EMA crosses below the long-term EMA, appears to be forming. If confirmed, it could signal a deeper correction ahead, with XRP possibly retesting support levels at $2.02 and $1.96.

A breakdown below these levels could lead to a drop toward $1.61. However, if bulls manage to reclaim $2.17, the next resistance at $2.24 becomes the key target.

A clean break above that could trigger a stronger rally, potentially pushing XRP to $2.35 or even $2.50 if momentum accelerates.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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PEPE Price To Bounce 796% To New All-Time Highs In 2025? Here’s What The Chart Says

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PEPE’s price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market. 

However, an interesting technical analysis shows that the chart structure of PEPEUSDT is pointing to a massive move to the upside, one that could send the token soaring by as much as 796% before the end of 2025. As the broader crypto market continues to move sideways, crypto analyst MasterAnanda identified a short-term higher low forming around support levels, which could act as the launchpad for a major PEPE price breakout.

Short-Term Higher Low Points To Strong Accumulation Zone

The bullish outlook on PEPE is based on the repeat of a similar price formation that played out in 2024 before its run to new price highs and eventually its current all-time high of $0.00002803. According to the price chart shared by the analyst on the TradingView platform, PEPE initially traded in a descending channel between May to September 2024 before eventually breaking out of the channel. After breaking out of the channel, PEPE went on a brief uptrend and another downside which led to the creation of a lower low, before eventually going on an extended rally that peaked in December 2024.

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Notably, it seems the same structure is showing up again on the PEPE price chart, specifically on the daily candlestick timeframe. In the analysis, MasterAnanda marks April as the period where PEPE bottomed out within a descending channel. Since then, two distinct highs and two clear lows have shaped what appears to be a reversal structure. 

XRP
Source: Master Ananda on Tradingview

Most notably, a new higher low is beginning to form a pattern that, according to previous price action, could precede a bullish wave. The analyst labels this as a important stage, especially for spot traders who are positioning for long-term growth. Although there could be weakness in the short term, which could result in one last shakeout or another downside wick, the analyst noted that this shouldn’t worry spot investors.

It may offer a final opportunity to accumulate before momentum builds toward a new cycle high. On the other hand, leveraged traders are advised to proceed with caution and risk management, given the potential volatility during the build-up to the breakout.

Fibonacci Levels Show 480% To 796% Rally Target

The chart highlights a significant confluence around Fibonacci extension levels, with the 1.618 Fib level suggesting a possible 480% move and the more ambitious 2.618 extension pointing to a 796% upside. Interestingly, MasterAnanda noted that the numbers are huge.

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Although these targets are just projections, they align with the previous rally seen in late 2024. If this prediction structure holds, the next rally could push PEPE beyond the 1.618 Fib level at $0.0004264, surpassing all prior highs and printing a new all-time high in 2025.

At the time of writing, PEPE is trading at $0.00000708, down by 4.7% in the past 24 hours.

PEPE
PEPE trading at $0.0000071 on the 1D chart | Source: PEPEUSDT on Tradingview.com

Featured image from Shutterstock, chart from Tradingview.com



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