XRP price struggles to break through the $2.20 resistance level, mimicking recent pressures experienced by Bitcoin and Ethereum. The price has dropped below critical levels, with a bearish trend line forming on the hourly chart. Currently, the price is below the 100-hourly Simple Moving Average, with support at $2.10 from a previous 61.8% Fibonacci retracement. […]
XRP’s price activity suggests a potential Head and Shoulders pattern, signaling bearish sentiment. The Charting Guy, an analyst on platform X, predicts a possible price drop to $1.15, aligning with crucial Fibonacci levels. The pattern shows unusual symmetry with two right shoulders, introducing uncertainty to its bearish implication. Despite this, XRP maintains strength above the […]
Bitcoin whales, holding 1,000 to 10,000 Bitcoins, are increasing in number, reaching levels not seen since last year. These influential investors are quietly accumulating Bitcoin, despite the cryptocurrency’s recent price stagnation. On-chain analytics from Santiment notes a 2.6% growth in whale-sized wallets since February, indicating a strategic interest at current prices. The increase in whale […]