2d ago
XRP Hovers Above Critical $1.90 Support as TD Sequential Flags Possible Local Top
Ripple's XRP rebounded from a multi-week low near $1.77 on Friday to trade around $1.92, briefly reclaiming the $1.90 level seen as key support by traders. The TD Sequential indicator, cited by Ali Martinez, now signals a potential local top after this roughly 10% bounce, raising concerns for bulls. Analysts note XRP's price is tracking bitcoin's broader sentiment, while a clear break below $1.90 could open the way toward the $1.55–$1.70 area and possibly down to $1.00.
XRP
XRP-0.62%
2d ago
12-21
Bitcoin Slides 30% From October Peak as RSI Oversold Signal Fuels ‘Explosive Bounce’ Debate
Bitcoin has fallen from above $126,000 in early October to around $88,000, while analysts debate whether this marks a new bear market or a deep bull-cycle correction. One analyst argues BTC must regain roughly $101,840–$102,000 to revive its bull phase, while another points to an oversold RSI below 30 for about three weeks as a setup for a potential explosive rebound. At the same time, whale balances have dropped by over 160,000 BTC in a year and spot ETFs saw nearly $500 million in outflows, adding downside risk if support at $83,300 fails.
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BTC
BTC+0.53%
12-21