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A crypto analyst has highlighted how the Tom Demark (TD) Sequential has flashed a buy signal for XRP recently, a potential sign that a short-term rebound may be coming. TD Sequential Has Formed A Bullish Setup For XRP In a new post on X, analyst Ali Martinez has talked about a TD Sequential signal that has appeared on the 4-hour price of XRP. The TD Sequential here refers to an indicator from technical analysis (TA) that’s generally used for spotting trend reversals in the asset’s price. It involve two phases, but in the context of the current discussion, the first phase called the setup is the one of relevance. Related Reading: Bitcoin Pulls Back, But Futures Traders Turn Bullish: Long Squeeze Setup? During the setup, the TD Sequential counts candles of the same color up to nine. Once the nine candles are in, the indicator gives the signal for a potential reversal. Naturally, the signal is a bullish one if the setup finished after nine red candles while it’s a bearish one if green can
Read full articleGalaxy Research is trying to explain one of the stranger Bitcoin transactions of the year after five addresses sent roughly 107 BTC, worth about $8.3 million, to an old burn address, making the coins provably unspendable. The move, flagged by Galaxy in a thread on X, immediately raised the question that sits at the center […]
Polymarket has clarified that it is not introducing mandatory Know Your Customer checks across its main prediction market platform despite renewed scrutiny over compliance and restricted-jurisdiction access. In a post on X, Polymarket vice president of engineering Josh Stevens said…
David Schwartz says newly minted XRP staking rewards should not face tax before sale, reviving debate over IRS rules and XRPL design debate.
A closer technical look at the reason behind XRP's drop today.
SBI VC Trade will give 1,000 yen in XRP to 333 in-person Tokyo seminar attendees as SBI expands Japan’s crypto investor outreach.
The US Gov't might be dumping altcoins, Pi Network announced a critical upgrade, and more in this week's recap.
The post XRP’s Pivotal Moment: Navigating Key Price Levels appeared on BitcoinEthereumNews.com. XRP is currently navigating a pivotal phase, characterized by a critical battle between buyers and sellers at the $1.32–$1.34 price range. This zone has transformed into a vital checkpoint for market participants due to its significant psychological and technical implications, as highlighted by market expert Anasta. Continue Reading:XRP’s Pivotal Moment: Navigating Key Price Levels Source: https://en.bitcoinhaber.net/xrps-pivotal-moment-navigating-key-price-levels
The post SUI Elliott Wave Signals Wave 5 Drop to 49 Cents appeared on BitcoinEthereumNews.com. SUI Elliott Wave analysis flags wave 5 risk toward 49-65 cents as micro resistance at $1.31 holds. Accumulation signals offer a narrow bullish counter-case. The SUI Elliott Wave structure is doing something the token’s buyers have been trying to ignore. According to moretradingonl on X, $SUI still has not confirmed a meaningful low. The broader concern, per that read, is that wave 4 may have already peaked. That puts the market on its way lower in wave 5 toward the 65 to 49 cent area. Not a fringe view. The current price structure from the May high increasingly resembles a five-wave decline. Not what bulls want to see. One Level Could Change Everything. It’s $1.31 Key micro resistance sits between $1.12 and $1.31. Only a break above $1.31 changes the outlook, and even then it opens the door to a larger extended wave 4 bounce toward the $1.44 to $2.08 range rather than outright reversal. Below
