XRP has been trading above $1.40 in recent days, with buyers still trying to push on momentum after the pullback from the May 10 high. The cryptocurrency’s price has not broken down, but it has also failed to confirm a stronger upside continuation. This leaves the 1-hour chart in an important position. However, the XRP count is still valid. The current wave count now depends on notable price levels, which include whether XRP can hold above support at $1.40 and avoid a break below the key $1.38 swing low. XRP Pullback From May 10 Still Looks Corrective Technical analysis of XRP’s price action on the 1-hour chart, which was posted by a crypto analyst on the social media platform X, shows that the decline from the May 10 high has not been random noise. The main argument in the analysis is that XRP’s decline from the May 10 high has unfolded as a three-wave move. This has unfolded in an ABC structure, not the kind of five-wave impulsive decline that would precede a trend reversal. Accordi
CLARITY Act Section 105 raises new debate over XRP transaction treatment, Ripple ruling, and future U.S. crypto rules. The CLARITY Act has brought fresh attention to XRP as lawmakers review digital asset market rules. Section 105 has become a key focus because it refers to network tokens and earlier court decisions. The debate now centers […]
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The post XRP Burn Rate Surges 36% as Price Breaks Key Resistance appeared on BitcoinEthereumNews.com.
XRP breaks key resistance What to expect for XRP? XRP is gaining the spotlight since it began to flash signs of a major price breakout. This has continued to drive an incredible surge in its network activity. Following the rapid price increase seen yesterday, data from crypto analytics platform, Cryptoquant, shows that the XRP burn metric has surged by over 36% in the last day. After sitting at around 415 on May 13, the amount of XRP burned as fees had surged to 565 as of May 14, marking a significant increase of 36.14% in the XRP burn rate. Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review XRP Crushes Every Major Coin with Massive Gains XRP breaks key resistance While XRP has been showing decent price gains over the week, it pulled an explosive move on Thursday, May 14, surging by over 11% with
The post Can BNB price break above $750 as double bottom pattern forms? appeared on BitcoinEthereumNews.com.
BNB price continued climbing this week as bulls attempted to confirm a breakout above a key neckline resistance zone, with a bullish double bottom structure on the daily chart signaling the potential for a larger upside move toward the $750 region. Summary BNB price climbed toward the key $680–$690 neckline resistance as a bullish double bottom pattern signaled potential upside toward $750–$780. Growing optimism around spot BNB ETF proposals and rising institutional activity on BNB Chain helped strengthen investor sentiment. CoinGlass data showed rising open interest and positive funding rates, signaling that traders continue building bullish positions on BNB. According to data from crypto.news, BNB (BNB) price traded around $687 at press time on May 15 after briefly rallying above $690 earlier in the session. The token has now recovered nearly 18% from its April lows near $580
BNB price continued climbing this week as bulls attempted to confirm a breakout above a key neckline resistance zone, with a bullish double bottom structure on the daily chart signaling the potential for a larger upside move toward the $750…
The post XRP Whales Hold Biggest Position Since 2018 Ahead of $1.50 appeared on BitcoinEthereumNews.com.
XRP Whales Lock in Record Accumulation as Supply Tightens Ahead of $1.50 Test XRP is quietly moving into one of its most tightly held accumulation phases in years, as large holders continue to strengthen positions while price presses toward a key psychological level. On-chain data from Santiment shows XRP whale wallets, addresses holding at least 10 million XRP, now control about 45.83 billion XRP, valued at roughly $68.5 billion. This cohort alone accounts for around 68.5% of the total supply, the highest level of concentration seen since May 2018. On the price action front, XRP has been grinding higher and is currently hovering around $1.42, repeatedly pressing into the $1.50 zone that traders are watching as a potential breakout trigger. Source: CoinCodex While retail sentiment remains divided after months of consolidation, large holders appear to be positioning ahead of a br
XDC climbed over 10% to surpass $0.037 on May 15, reaching its highest level since early March. Catalysts include potential DTCC integration and Bitcoin rally. The technical picture highlights resistance at $0.040. XDC Network price climbed double digits to above $0.037 on May 15, with the uptick pushing the token’s value to its highest level […]
The post XDC Network price outlook: Can bulls go higher as $0.037 breaks? appeared first on CoinJournal.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum has been hovering just below the $2,400 resistance for over four weeks. With bulls unable to break this level, the price has entered a correction. At the time of this post, ETH is found at around $2,270 and […]