Close Menu
Cryprovideos
    What's Hot

    Bitcoin Worth (BTC) Information: Losses Prolong to Almost 8% for the Week

    August 30, 2025

    Pyth Community Worth Soars 76% As US Brings GDP Information On-chain

    August 30, 2025

    OKX Pockets Brings Onchain Providers to Europe

    August 30, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»XRP Information: XRP Charts Sign Warning to Bulls as Bitcoin (BTC) Awaits Breakout and Ethereum (ETH) Goes Bonkers
    XRP Information: XRP Charts Sign Warning to Bulls as Bitcoin (BTC) Awaits Breakout and Ethereum (ETH) Goes Bonkers
    Altcoins

    XRP Information: XRP Charts Sign Warning to Bulls as Bitcoin (BTC) Awaits Breakout and Ethereum (ETH) Goes Bonkers

    By Crypto EditorAugust 9, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    This can be a technical evaluation publish by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

    XRP: Not out of the woods but

    XRP

    , the payments-focused cryptocurrency, surged 11% on Thursday, reportedly breaking out of a bull flag sample to recommend renewed upward momentum. Nonetheless, it is not but clear, as costs stay effectively under the essential $3.65 stage, the place a bearish “tweezer high” candlestick sample occurred final month.

    jwp-player-placeholder

    The tweezer high is a bearish reversal sample, comprising two candles with an identical highs that symbolize a transparent rejection level, on this case $3.65. It is as if the market tried to climb to a brand new stage twice and was met with a brick wall of promoting strain on the identical spot, an indication that the upward momentum has fully stalled.

    The bulls, subsequently, want to beat the numerous provide level at $3.65, a transfer that may invalidate the bearish reversal sample.

    XRP's weekly chart. (TradingView)

    XRP’s weekly chart. (TradingView)

    Nonetheless, this can be simpler mentioned than achieved, as on-chain knowledge means that holders are sitting on substantial income and have a powerful incentive to promote at present valuations.

    “The [XRP] Internet Unrealized Revenue/Loss (NUPL) stays at elevated ranges not seen because the 2021 peak, reaching related ranges to these noticed in 2018. These excessive values point out that the market nonetheless carries vital unrealized income, which traditionally represents zones of potential distribution and worth correction,” analysis agency Alphractal mentioned on x.

    XRP net unrealized profit and loss. (Alphractal)

    XRP internet unrealized revenue and loss. (Alphractal)

    • Resistance: $3.38, $3.65, $4.00.
    • Assist: $2.99, $2.72, $2.65.

    Bitcoin: BTC awaits breakout

    Bitcoin’s (BTC) latest pullback is at the moment taking the form of a descending channel (white strains) inside its main uptrend (yellow strains). This sample is a basic “bull breather” that means the market is consolidating its latest features.

    The value’s latest bounce from the 50-day Easy Shifting Common (SMA) additional reinforces the power of this consolidation. For merchants, because of this whereas the short-term pattern continues to be corrective, the trail of least resistance stays to the upside.

    BTC's daily chart. (TradingView)

    BTC’s each day chart. (TradingView)

    A decisive breakout from the descending channel would affirm a continuation of the broader uptrend, doubtlessly yielding a transfer to document highs above $123,000. Conversely, a transfer under the Might excessive of $111,965 would enhance the danger of a deeper sell-off to $100,000.

    • Resistance: $120,000, $122,056, $123,181.
    • Assist: $111,965, $104,562, $100,000.

    Ether: Main breakout

    Ether has rallied to over $4,200, reaching ranges final seen 4 years in the past. The cryptocurrency has damaged out of a protracted symmetrical triangle that contained its worth because the all-time excessive in late 2021, which is a serious bullish sign.

    ETH's daily chart. (TradingView)

    ETH’s each day chart. (TradingView)

    The decisive breakout, significantly on a chart with this lengthy a time horizon, signifies that the market has formally entered a brand new, highly effective uptrend, opening the door for a retest of document highs above $4,800.

    • Resistance: $4,400, $4,875, $5,000.
    • Assist: $4,000, $3,941, $3,737.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Bitcoin Worth (BTC) Information: Losses Prolong to Almost 8% for the Week

    August 30, 2025

    Bitcoin Revenue-taking Cools as ETF Demand Slows, Analysts Eye This autumn Liquidity Spark

    August 30, 2025

    TOKEN6900 Proclaims Token Launch on September third at 2PM UTC – Greatest Altcoin to Purchase Now

    August 30, 2025

    Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Degree Doesn’t Maintain

    August 30, 2025
    Latest Posts

    Bitcoin Worth (BTC) Information: Losses Prolong to Almost 8% for the Week

    August 30, 2025

    Bitcoin Revenue-taking Cools as ETF Demand Slows, Analysts Eye This autumn Liquidity Spark

    August 30, 2025

    Is The Bitcoin Rally Over? Analyst Forecasts Drop To $94,000 If This Degree Doesn’t Maintain

    August 30, 2025

    Are ETFs Taking Over Bitcoin Buying and selling Quantity? Information Says No

    August 30, 2025

    JAN3 and BTCPay Server Launch SamRock Protocol To Simplify Bitcoin Service provider Funds

    August 30, 2025

    Why is Bitcoin and Crypto Dumping At present? – BlockNews

    August 30, 2025

    Bitcoin’s Subsequent Cease $183K? On-Chain Information Factors to Explosive Cycle Peak

    August 30, 2025

    Bitcoin Whale Sitting on $5 Billion Dumps Extra BTC to Purchase Ethereum – Decrypt

    August 30, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Deepfakes Gasoline Refined Cyber Assaults on U.S. Officers and Crypto Founders

    May 17, 2025

    Crypto Knowledgeable Raoul Pal Reveals His XRP Technique

    November 24, 2024

    Crypto Merchandise Break Drought With $644,000,000 in Weekly Inflows: CoinShares – The Each day Hodl

    March 24, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.