XRP Is Approaching Its Best Buying Zone in 8 Years: Analyst Maps Out Ripple’s Path to $3
If that 8-year resistance falls, the token token could be heading toward double-digit price levels.
Cointelegraph·
SBI will give out vouchers that can be redeemed for Bitcoin, Ether or XRP through SBI VC Trade, linking bank savings with the group’s crypto exchange arm.
Read full articleIf that 8-year resistance falls, the token token could be heading toward double-digit price levels.
This initiative could accelerate mainstream crypto adoption, influencing financial institutions to integrate digital assets with traditional banking. The post SBI Holdings unit to let depositors earn Bitcoin, Ether or XRP on top of yen interest appeared first on Crypto Briefing.
Bitcoin’s crash over the weekend has brought the $60,000 level back into the market conversation, but crypto analyst Merlijn The Trader believes the real opportunity may come at a lower price. Technical analysis comparing the current Bitcoin structure with the 2022 Wyckoff accumulation phase shows that buying the current bounce would be a costly mistake because the real accumulation window has not even opened yet. Bitcoin’s Wyckoff Setup Points Below $60,000 To understand where Merlijn The Trader believes Bitcoin is headed, it helps to understand where it has been. Merlijn’s analysis is built around the Wyckoff accumulation model, using Bitcoin’s 2022 bottoming structure as the reference point. Back in that cycle, Bitcoin formed a spring around $15,500, recovered into the $23,000 region, where eager buyers rushed in, believing the worst was over. However, it was not. The price action then delivered a secondary wave of selling that crushed late buyers before the genuine markup phase be
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XRP price has fallen toward the $1.15 area ahead of the XRPL’s June 15 upgrade, as weak momentum and a fresh weekly breakdown keep traders focused on whether the token can defend the $1 level. According to data from crypto.news,…
Bitcoin trader said that BTC price was approaching its cycle bottom "window" with the $53,000 cycle midpoint a potential buy-in level.
Bitcoin is down 50% from its all-time high in the shallowest bear market to date—but analysts caution that the bottom isn't in yet.