Markets move in cycles, and right now, XRP finds itself in an uneasy position. Price action is telling a story, and Bollinger Bands — one of the most relied-upon volatility indicators — are laying out the next possible chapter.
As the crypto bull run continues to stall, the Bitcoin (BTC) market remains in consolidation moving mostly between $101,000 – $106, 000 over the past two weeks. Interestingly, a market analyst with X username cryptododo7 has shared a potential pathway for BTC to reestablish its bullish momentum.
Crypto analyst Axel Adler Jr. has provided some insights on the current status of the Bitcoin (BTC) market based on the adjusted Net Unrealized Profit/Loss (aNUPL) indicator. Despite recent consolidation, Adler states the BTC market remains bullish with a trend reversal far from happening.
Ripple (XRP) has long been a standout player in the cryptocurrency market. After overcoming significant regulatory hurdles, particularly the SEC lawsuit, XRP managed to close 2024 as one of the top performers in the crypto space.
As XRP continues to steadfastly hold as the third-largest cryptocurrency based on market cap, the leading altcoin might be experiencing the calm before the storm.
Transactions on the Bitcoin network have dropped to an 11-month low, according to data from CryptoQuant. This continues the decline in network activity that began last year when the daily transaction volume peaked at 810,850 transactions on November 19.
The precious metal exceeded the $2,800/oz mark for the first time ever on Friday.
Cryptocurrency price analysis brought by Coinidol.com. The price of Ripple (XRP) has interrupted its bullish climb above the $3.00 support and started a sideways movement.
The chief executive of a prominent crypto analytics firm believes that the Bitcoin (BTC) bull market has enough fuel to witness more rallies.
Cryptocurrency analyst Michaël van de Poppe has shared a bold prediction with his 768,800 followers on X (formerly Twitter), suggesting that Bitcoin (BTC) and Ethereum (ETH) could experience incredible growth in the coming years. According to van de Poppe, Bitcoin might soar as high as $500,000 and Ethereum could reach $20,000, signaling a market cycle unlike any we've seen before.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
Bitcoin has steadily earned its reputation as the dominant player in the cryptocurrency space. As it continues to climb, many investors are watching closely to see if Bitcoin can reach the ambitious $3 trillion market cap.
XRP has ushered in 2025 with a robust bullish performance, achieving its highest monthly close to date. As a result of significant advancements in regulation and institutional adoption, the token's surge coincides with a growing sense of optimism in the broader crypto market.
With key technical levels in focus, investors brace for potential breakouts or corrections in the coming sessions.
The crypto market has displayed a strong bearish price action overnight. Following this, top crypto tokens have plunged below their important support levels. Moreover, Bitcoin, Ethereum, and Ripple tokens have recorded a similar price action, resulting in increased bearish sentiment.
Bitcoin (BTC -3.24%) has been on an incredible run over the past six months, rising by 50% in value and hitting a massive milestone along the way, as it topped $100,000 for the first time ever. Crypto investors have been bullish on the recent election results, hopeful that President Donald Trump will help the digital currency reach even higher levels in the years ahead.
A bear trap is a form of coordinated but controlled selling that creates a temporary dip in an asset's price, comprising a significant correction during a long-term uptrend.
Bitcoin's price is nearing a pivotal moment, with $97,190 as a crucial support level to watch.
Julio Moreno, head of research at CryptoQuant, has noted that Bitcoin's mempool, a queue of pending transactions, is "practically empty."
El Salvador, one of the most pro-crypto countries in the world, added 5 BTC to its Bitcoin Reserve on Saturday. The country purchased over $5 million worth of BTC in the past month.
The XRP market experienced a downbeat end to January translating into a 7.05% loss over the past seven days. In regards to future price movements, popular analyst Egrag Crypto states the altcoin is currently at a key crossroads with an equal chance to move in either a positive or negative direction.
A recent drop has brought Bitcoin closer to crucial support levels, indicating that it is beginning to show signs of weakness. The $90,000 threshold is becoming a crucial one that might dictate the market's next significant movement.
According to data provided by Whale Alert, a service that makes it possible to track down abnormally large cryptocurrency transfers, a total of a billion XRP tokens were recently sent to Ripple from unknown wallets.
Bitcoin (BTC) fell to $99,082.51 before recovering to $100,193.79. BTC mining revenue dropped to $1.4 billion in January.
Digital trading platform Uphold has angered members of the XRP community by questioning the viability of a strategic reserve with the controversial Ripple-affiliated cryptocurrency.
Donald Trump ran a pro-crypto campaign last year. He threw his support behind radical ideas like establishing a strategic Bitcoin (BTC -2.25%) reserve within the U.S. government, and he promised to make America the crypto capital of the world.
XRP, once a prominent cryptocurrency under pressure during turbulent market phases, is now on the verge of a possible breakout. As the digital asset hovers around its current trading levels of $3, recent market developments and institutional interest are fueling optimism.
Bitcoin has experienced a significant drop, falling below the symbolic mark of 100,000 dollars for the first time since January 27. This decline comes amid heightened trade tensions, following Donald Trump's announcement of new tariffs targeting China, Canada, and Mexico, prompting immediate reactions from these countries.
XRP has kicked off 2025 with strong momentum, emerging as one of the fastest-growing DeFi assets.
Ethereum (ETH) has been under intense selling pressure, raising concerns among investors about the coming weeks. The trend remains bearish, and if this momentum continues, ETH could struggle to find support at key levels.
Renewed trade war, coupled with mass deportations, could add to inflation. BTC's weakness likely reflects those fears.
Bitcoin (BTC) is rapidly approaching a critical juncture in its price movement, with analysts closely watching an upcoming economic report that could significantly influence its trajectory over the next few months. Benjamin Cowen, a respected analyst with over 860,000 YouTube subscribers, has weighed in on what might drive Bitcoin's next major move.
The intense cold wave in the United States has caused the first negative adjustment in Bitcoin mining difficulty since September 2024, according to mining company Luxor. In January, a powerful explosion in the Arctic dropped temperatures in the USA, increasing the demand for electricity and driving up energy prices.
Luke Gromen believes that Bitcoin (BTC) and gold are the two best assets to accumulate for investors looking to make a play on the potential economic impact of artificial intelligence (AI).
Bitcoin's price has hit a rough patch, dipping below a crucial moving average that has long served as a key support level. This break below the moving average has raised alarm among traders and investors, signaling potential weakness in the market.
Jack Mallers, founder and CEO of Bitcoin financial services platform Strike, recently discussed the growing political push for a Bitcoin Strategic Reserve in the United States. He believes this concept could become one of the most significant economic announcements in US history, drawing comparisons to Nixon's 1971 decision.
It was another roller-coaster week for the crypto market as the new AI player began to dominant the US market. With the Trump administration pushed pro-crypto policies and laid out some regulatory updates. The global crypto market cap fell 5% to $3.39 trillion, while the fear and greed index stayed neutral at 47.
Bitcoin (BTC) has recently been on an upward trajectory, holding above the $104,000 mark and consolidating just below its all-time high (ATH). This positive momentum has drives optimism in the market, as investors anticipate a potential breakout that could push BTC into new territory.
XRP, the native token of Ripple, has faced a period of price stagnation over the past few weeks, leaving many investors questioning its next move. However, recent developments, coupled with key insights from Ripple's CEO Brad Garlinghouse, have drives renewed hope for a potential surge in XRP's price.
Bitcoin has been trading sideways since mid-January, moving within a tight range between its all-time high and the $97,750 support level. The market remains divided, with bulls expecting a breakout into price discovery and bears speculating that the cycle top is already in.
XRP went from over $3.07 to $2.82 before it recovered some ground.
The total value of wrecked positions is well above $500 million on a daily scale.
The cryptocurrency market is currently struggling, with the majority of the top 10 altcoins seeing major declines. While Bitcoin (BTC) has shown some resilience, many altcoins are in the red, leading to a general feeling of uncertainty among investors. Bitcoin, the market leader, is priced at $99,780, showing a slight 2.
Senator Cynthia Lummis has reaffirmed her commitment to advancing legislation that would establish a strategic Bitcoin reserve in the United States. Speaking in Washington, D.C.
XRP is currently down by more than six percent and has dipped below the crucial $3 mark. Since the December swing low, XRP had been steadily moving upwards. However, the price has now hit a reverse and is testing support levels below $3.
Bitcoin has dropped below $100,000 for the first time since Jan. 27 following Donald Trump's imposing import tariffs on goods from China, Canada, and Mexico, which triggered immediate responses from the three countries.
Bitcoin's wild price swings have kept the market on edge, as volatility remains the norm for crypto traders. This week alone, BTC surged from $97K on Monday to a high of $106K yesterday before settling around $102K.