Trader says XRP price setting ‘biggest bear trap’ after June monthly open
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
Cointelegraph·

NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
Read full articleXRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token posted their strongest month of 2026 with $118.29 million in net inflows. A Routine Unlock Meets Record ETF Demand Ripple, the company that uses the […]
XRP, Hyperliquid, and Near attracted fresh investor money despite massive outflows across the broader crypto fund market.
The post Another Shiba Inu (SHIB) Recovery Attempt, Bitcoin (BTC) Reaches ‘Oversold’ State, First Near Protocol (NEAR) Support Activation: Crypto Market Review appeared on BitcoinEthereumNews.com. Bitcoin’s decline isn’t concluding Near Protocol reaches support After weeks of relentless selling pressure, Shiba Inu is making another attempt to stage a comeback. Recent price action indicates that SHIB might be attempting to create a local bottom close to a crucial support zone, even though the overall trend is still negative. The meme-inspired cryptocurrency has found support along an ascending trendline that has been forming since March, and it is currently trading around the $0.0000055 level. The most recent response is especially significant for traders looking for indications of stabilization because this trendline has already provided a solid basis for multiple rebounds. SHIB/USDT Chart by TradingView Technically, SHIB is still in a challenging situation. Bears are still in control
The post SHIB Price Prediction: Critical Support Test Ahead as June Breakout Window Opens appeared on BitcoinEthereumNews.com. James Ding May 31, 2026 08:05 SHIB trades at a pivotal technical junction with RSI at 36.89 and momentum stalled, setting up a decisive move toward either $0.000009240 resistance or deeper oversold levels within the next two we… SHIB’s Technical Junction SHIB finds itself at a critical inflection point as multiple indicators converge around current price levels. The RSI reading of 36.89 places the token in neutral territory, avoiding both oversold panic and overbought euphoria. This positioning typically precedes significant directional moves as market participants reassess their positions. The MACD histogram sits at zero, indicating complete momentum neutrality after recent selling pressure subsided. Meanwhile, Bollinger Band positioning at 0.29 keeps SHIB in the lower portion of its recent trading range, suggesting bears have exhausted much
The post NEAR Price Prediction: $2.50 Target Within Two Weeks as Consolidation Builds appeared on BitcoinEthereumNews.com. Rongchai Wang May 31, 2026 07:46 NEAR trades at $2.30 with technical indicators showing controlled consolidation above key support levels. Open interest surge of 12% and whale positioning suggest 65% probability of testing $2.50-$… Market Context: Critical Juncture for NEAR NEAR Protocol faces a pivotal moment after declining 3.73% in 24 hours, yet the underlying structure remains intact. Trading at $2.30, the token holds firmly above its 20-day moving average at $2.01 and maintains a 41% buffer above the 200-day SMA at $1.51. This positioning demonstrates institutional confidence persisting through recent surface volatility. The derivatives market signals preparation for the next directional move, with open interest exploding 12.11% to $125.7 million in just 24 hours. This surge represents fresh capital entering rather than existing position resh
The post AAVE Price Prediction: $75 Retest Imminent Before Potential $95 Breakout appeared on BitcoinEthereumNews.com. Rongchai Wang May 30, 2026 08:43 AAVE’s technical breakdown below all major moving averages signals a swift drop to $75-78 support zone within 7-10 days, but whale accumulation at 64.5% long suggests a violent reversal targeting $… The Immediate Setup AAVE is bleeding slowly at $82.71, trapped in a textbook bearish configuration that’s screaming weakness. Trading below every meaningful moving average from the 7-day ($83.86) all the way up to the 200-day ($130.82), this DeFi giant is in full retreat mode. The RSI sitting at 35.37 shows sellers aren’t exhausted yet, while the MACD flatlined at zero tells us momentum has completely stalled. With only 1.46% gains in the last 24 hours against a backdrop of aggressive selling pressure, Blockchain.news data reveals AAVE is primed for another leg down before any meaningful recovery attempt. Key Levels Exposed