THE LATEST CRYPTO NEWS

The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook, warning that another crash may be on the way. The analyst believes that Bitcoin’s overall market structure remains bearish. As a result, he expects the price to fall to about $76,000, representing a 20% decline from current levels.  Bitcoin Price At Risk Of 20% Crash Crypto market analyst Roman has issued a warning that Bitcoin could be heading for another sharp decline, with his primary target set near $76,000. In his post on X, he emphasized that the current market structure shows no evidence of a sustainable price bottom and that downside risk remains dominant.  Related Reading: Bitcoin Price To Crash Another 50% As Analyst Marks $40,000 Bottom Target Roman explained that his bearish outlook is based on the daily timeframe, where Bitcoin has struggled to regain strong bullish momentum after a significant correction. He also noted that the price is still trading within a broader bearish trend, suggesting the market may simply be taking a pause before the next move lower.  The accompanying chart shows BTC trading above $90,000 while still well below the previous resistance area near $96,000. Each attempt to push higher has been rejected, suggesting sellers remain firmly in control of the market.   Notably, Roman’s chart has revealed that the expected move lower could start with a drop back to the mid $80,000s, followed by a deeper slide between $78,500 and $75,000. The hand-drawn projection on the chart also illustrates a sharp fall after a brief relief rally, suggesting that BTC’s decline could speed up once support breaks.  Volume behavior also plays a key role in Roman’s bearish outlook. The chart shows noticeably weak trading volume during Bitcoin’s recent rebound, which the analyst previously said is typical of holiday-driven pumps.  Additional Signals That Support Analyst’s Bearish Forecast Roman’s $76,000 Bitcoin crash forecast is a follow-up to previous posts in which he explained several reasons why the leading cryptocurrency is in a bear market and could correct again soon. He referenced historical indicator behavior to justify his latest prediction.  Related Reading: Bitcoin Price Crash To $25,000: Why The Bottom Is Much Lower The analyst explained that Bitcoin’s Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) were extremely oversold after its price dropped roughly 40% from its all-time high. As a result, the current consolidation has given these indicators a chance to reset.  Roman sees the lack of strong buying pressure during this reset as a warning sign. He stressed that a true bullish reversal would need rising volume and clear higher highs, which are not showing on the daily chart. The analyst also noted that Bitcoin’s longer-term trend remains bearish, with the market continuing to form lower highs within a declining range. He has concluded that until clear reversal signals appear, traders should treat any upside moves as corrective, not the start of a fresh bull run. Featured image from Getty Images, chart from Tradingview.com

The XRP price exploded from $0.5 in 2024 to over $3 in 2025. In the span of a few months, the cryptocurrency, which had been suppressed, made history and was only a few percentage points away from revisiting its all-time high. According to a crypto analyst, XRP may soon replicate its legendary 2017 rally, potentially reaching a new all-time high in the next three months.  XRP To See Parabolic Rally In Three Months Market expert @Cryptobilbuwoo0 has shared a bullish outlook on XRP, pointing to a familiar price structure that closely mirrors the 2017 market cycle. According to the analyst, XRP began its powerful breakout near $3.60 in 2017, then skyrocketed to its ATH around $3.84 in 2018. Related Reading: Standard Chartered Analysts Predict 330% XRP Price Surge After This Happens He pointed out that in 2017, once the price broke above the dotted support line, which represented a long rising diagonal trend on the chart, XRP reached its $3.6 target within a week. Notably, this move delivered gains of approximately 1,184.86%. Based on the rally’s speed and intensity, the analyst suggests that XRP could be poised for another sharp surge, claiming that investors’ lives could change dramatically over the next 2 to 3 months. Notably, @Cryptobilbuwoo0’s chart analysis shows that XRP is already breaking out from a clearly defined base, having held above the same rising diagonal support line from 2017. At the same time, the breakout occurs as price reclaims the 52-week Exponential Moving Average (EMA), a level that previously marked the beginning of strong upside expansion for XRP.  Fibonacci Extensions on the chart further highlight the 1.618 level as a key upside target, in line with the 2017 cycle peak structure. The chart also marks TP1 and TP2 zones, where the price paused briefly in 2017 before continuing higher. These shallow pullbacks were quickly bought, signaling strong trend control in the previous cycle.  Current projections suggest a strong and sustained upward momentum following XRP’s breakout above the dotted support line. For its first target, price is expected to rally toward TP1 at $23.2, representing a massive 1,183.38% increase. Beyond this level, XRP is projected to continue its rally toward TP2 around $136.3, signaling a potentially historic upside. Remarkably, @Cryptobilbuwoo0’s chart suggests that all of these parabolic moves could unfold before the end of 2026. Momentum Indicators Support Bullish XRP Forecast XRP is currently trading above $2.2, up more than 21% in the past week. Given the cryptocurrency’s historically slow price movements, @Cryptobilbuwoo0’s forecast of a rise to $23.2 and then $136.3 has been met with skepticism within the crypto community.  Related Reading: XRP Sees 80% Spike In Major Metric, Why This Matters For Price Appreciation However, the analyst points to momentum indicators at the bottom of the price chart that support his bullish outlook. He showed that in 2017, XRP’s Relative Strength Index (RSI) hit oversold levels just before the price surged dramatically. A similar pattern is appearing in the current market, reinforcing his belief that the next 2 to 3 months could be parabolic. Featured image from Freepik, chart from Tradingview.com

Standard Chartered analysts have predicted that the XRP price could surge by around 330%. They also outlined catalysts that could spark this price surge, which would lead to a new all-time high (ATH) for the Ripple-linked token.  Standard Chartered Predicts XRP Price Surge To $8 Standard Chartered’s global head of digital assets research, Geoff Hendrick, has predicted that the XRP price could surge to $8 by the end of 2026, which represents an increase of around 330%. This would also mark a new all-time high for the token, with its current ATH at around $3.84. The analyst expects the token to record such growth, as it now has legal clarity following the settlement of the Ripple-SEC lawsuit.  Related Reading: This Double Bottom Formation Could Send XRP Soaring To $2.5 Kendrick also expects the XRP price to surge to $8 on the back of regulatory clarity for the U.S. crypto industry and institutional adoption of the token through the XRP ETFs. The Standard Chartered analyst noted how the improving regulatory environment has made it easier for institutions to gain exposure to the token. Meanwhile, Ripple has been able to grow its payment system, which involves XRP, thanks to the regulatory-friendly environment. These XRP ETFs are notably seeing significant demand, which is bullish for the XRP price as it eyes a rally to $8 next year. SoSoValue data shows that these ETFs have yet to record a daily net outflow since the first spot fund launched last month. The XRP ETFs currently boast a net asset of $1.27 billion, which reprersents 1.12% of the token’s market cap.  Crypto pundit Unknow noted that these ETFs are absorbing the supply fast, which is why he predicts that a supply shock could happen by early 2026, sending the XRP price higher. The pundit also declared that next year is the inflection point where the altcoin shifts from speculation to global liquidity infrastructure.  XRP Is Preparing For a Breakout In an X post, crypto analyst TARA stated that the XRP price is approaching the critical $1.88 level and is in a very tight range, signaling a breakout is coming soon. The analyst noted that XRP needs to hold support at $1.87, even as Bitcoin approaches $88,000. She added that if the altcoin bounces from here and tests $1.88 again, it could break above that resistance and then hold it as support, which TARA noted would be a very bullish sign.  In another X post, she revealed that XRP’s Relative Strength Index (RSI) was trying to break to the upside. TARA further remarked that if today’s close is bullish, with a close above $1.88, it could fuel the next wave to $2.30 for the XRP price. A positive for XRP is that Glassnode data shows that XRP on exchanges has dropped to a seven-year low of 1.6 billion tokens, down from 3.76 billion in October.  Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why At the time of writing, the XRP price is trading at around $1.86, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

Crypto analyst Cryptollica has pointed to a Dogecoin cycle fractal, which shows where the DOGE price may be headed next. This came as the analyst provided a bullish outlook for the top meme coin and indicated that this was a good time for investors to buy DOGE.  Dogecoin Cycle Fractal Shows DOGE’s Bull Run Is Imminent In an X post, Cryptollica indicated that Dogecoin was at the point before it begins its bull run, with the accompanying chart showing that the meme coin could still rally above $1. The analyst noted that the cycle fractal has repeated itself at the macro level, with their chart highlighting four distinct structural points.  Related Reading: Dogecoin’s 53,000% Surge Shows Renewed Interest, But Why Is DOGE Price Lagging? Cryptollica revealed that Dogecoin is currently at Point 4 and that the structure is rhyming perfectly with the pre-bull run accumulation phases of the past. The analyst then broke down the patterns observed in this cycle fractal. The first is the ‘Rounding Bottoms,’ with Zones 1 and 2 being the “boredom phases” in which volatility died and smart money accumulated.   Zone 2 is said to be the launchpad for the massive 2021 parabolic run for Dogecoin. Meanwhile, Zone 4 is the current price action, with Cryptollica noting that the same rounding-bottom formation is playing out. The analyst added that the DOGE price is stabilizing and forming a heavy base just like it did before the previous explosions.  Cryptollica then highlighted Dogecoin’s Relative Strength Index (RSI), noting that the 32 level acts as a historical floor. The analyst explained that the DOGE price has formed a macro bottom every single time the weekly RSI touched or hovered near this baseline. The RSI is said to have reset back to this critical support level, indicating that sellers are exhausted and the momentum is primed to flip.  DOGE Is In The “Golden Pocket” For Accumulation Cryptollica stated that the cycle fractal isn’t just random noise but a cyclical reset, as the chart suggests that Dogecoin is in the Golden Pocket for accumulation. The analyst further remarked that if the fractal plays out as it did in 2020, in Zone 2, then the current DOGE price action is simply the calm before the storm.  Related Reading: Dogecoin Reclaiming $0.128 Support Could Signal The Perfect Chance For Long Positions Cryptollica again highlighted the technical structure, noting that a bullish rounding bottom was forming for Dogecoin while the RSI was at a historical oversold support level, which is a buy zone. The analyst declared that the spring is loading and that patience is required, but that the setup points to a major impulsive move that is on the horizon. In line with this, Cryptollica urged investors to “buy Dogecoin.” At the time of writing, the Dogecoin price is trading at around $0.127, down almost 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Peakpx, chart from Tradingview.com

A crypto analyst has revisited long-term charts from 2012-2015, noting that the current Bitcoin (BTC) cycle shows striking similarities to this timeline, in terms of the Relative Strength Index (RSI) and price action. During the 2017-2015 bull run, BTC experienced one of the strongest multi-year advances before bottoming out. The market expert claims that the same sequence of peaks and pullbacks observed in that timeline is now unfolding again in this cycle.  Bitcoin RSI Comparison Signals Bottoming Structure Bitcoin’s latest momentum study by crypto analyst Tony Severino has drawn significant attention from market watchers. In his X post on December 6, Severino highlighted surprising similarities between the RSI trend and price movements of the 2023-2026 cycle and those observed from 2012 to 2015.  Related Reading: The $13.5 Billion Liquidity Injection That Could Send Bitcoin And Crypto Prices Flying His comparison focuses on the timing of several major points that appeared in both cycles. These include the moment a price bottom began to form, the first price peak, a subsequent momentum peak, and finally a Bearish Divergence that typically precedes deeper corrective phases. Severino shared a chart from the 2012-2015 cycle showing that Bitcoin’s RSI had gradually climbed, with several short bursts of sharper upward momentum along the way. Eventually, momentum faded, and the indicator declined for an extended period before settling in a mid-range zone at the 44 level.  In the current cycle, which began in 2023, the RSI also climbed sharply before reaching a notable peak. Since then, the indicator has been gradually declining, currently sitting around 38. This level is similar to the mid-range RSI values observed in the former cycle before Bitcoin advanced again.  Sharing a second chart, Severino also pointed to Bitcoin’s price action relative to its RSI performance across both cycles. During the earlier cycle, Bitcoin’s price sat around $233.54, while in the recent cycle, it has declined to $89,352. The analyst argues that the alignment between the RSI movements and price action in both timelines strengthens his theory that Bitcoin may be approaching a meaningful bottom soon.  Severino also suggested that if history repeats in the 2023-2026 cycle, traders could be looking at the early stages of a year-long accumulation phase, similar to what played out a decade ago. Nevertheless, he acknowledged that there is no guarantee that the current cycle will mirror past patterns completely.  Analyst Flags New BTC Bullish Crossover Crypto analyst AO has shared a more optimistic outlook for Bitcoin, highlighting the formation of a Bullish Crossover—a key technical signal that has historically preceded significant price surges. According to him, each time the Stochastic RSI on US10Y*CN10Y experiences a Bullish Crossover, Bitcoin enters a significant bull run. Related Reading: Bitcoin Price Can Hit These ‘Realistic’ Bullish Targets Before The Bear Market Begins AO presented a chart showcasing four previous Bullish Crossovers, each followed by a massive price increase. The first crossover appeared in 2013 and coincided with an early surge. The second came in 2017, marking the start of a multi-month bull run. The third occurred in late 2020, shortly before BTC’s record-breaking run in 2021. The most recent signal has not emerged in 2025, suggesting the potential for a similar upward move. Featured image from Pngtree, chart from Tradingview.com

The XRP price is rebounding sharply as the broader crypto market slowly recovers from a months-long downtrend. Although XRP is still more than 43% below its all-time high, a market analyst has outlined what needs to happen before the cryptocurrency can rally again. The analyst has shared a rather blunt assessment of XRP’s recent performance, highlighting its vulnerability and weakened price action.  XRP Price Rally Hinges On Bitcoin’s Recovery A crypto market expert identified as ‘Guy on Earth’ has issued a fresh warning on X, highlighting that the XRP price is currently sitting at precarious levels and “hanging on for its dear life.” His outlook was cautious as he stated that the cryptocurrency is barely maintaining a crucial monthly bull market support level.  Related Reading: Brace For Impact: XRP Price Has Formed A Bullish Cross On Its Weekly Stochastic RSI In his view, a potential XRP price rally now depends on a shift in Bitcoin’s behavior. The analyst explained that the altcoin market has suffered from maximum stress in recent months and will only begin to recover once BTC stages a rebound. He highlighted that the cryptocurrency needs to trigger a recovery rally while its dominance levels decline, giving altcoins enough room to regain former momentum and stage a rally.  Without this change in Bitcoin, the pressure on XRP is likely to continue. Recently, BTC climbed roughly 7% and is now trading above $93,000. Within the same period, the XRP price has surged more than 9% to $2.19. This trend highlights a correlation between Bitcoin’s positive price action and XRP’s upward movement.  Despite the recovery, Guy on Earth has warned investors and traders to stay realistic and manage their exposure carefully, given the market’s fragile state. His accompanying chart supports this caution. It shows that following a sharp impulse move that pushed XRP into a multi-year high zone, the price has stalled beneath a clear ceiling marked by repeated monthly rejections. Below the price structure, XRP’s Relative Strength Index (RSI) has declined, reflecting fading strength.  XRP Price To 10x In 2026 Crypto Super Cycle Presenting a more bullish outlook for XRP, crypto analyst Amonyx has examined its price potential within the broader altcoin market cycle. He suggested that the crypto supercycle in 2026 will be massive. His analysis places XRP at the centre of this bullish expansion, predicting a powerful price surge. Related Reading: Warning: XRP Price Is Forming A Death Cross That Previously Led To A 15% Crash Amonyx shared a chart illustrating three distinct altcoin seasons during past bull market cycles, each marked by explosive performances relative to Bitcoin. The first two cycles show a massive surge followed by prolonged cooldown periods. The current cycle highlights a larger structure, suggesting that the upcoming altcoin season in 2026 could be more powerful than the last two. If this trend holds, the analyst predicts that XRP’s price could skyrocket 10x from its current level of $2.19 to approximately $22. Featured image from Pngtree, chart from Tradingview.com

As the market matures and the broader economic landscape shifts, Bitcoin has once again found itself at a thrilling crossroads, with the entire crypto market watching closely as momentum builds on both sides of the chart. This moment of market volatility is a profound inflection point, where the interplay of rising institutional adoption and changing global macroeconomic conditions is converging. Historical Breakout Zones Align With Price Structure Bitcoin is currently sitting at a thrilling crossroads. In an X post, an analyst known as CryptoCrewU has stated that BTC is witnessing the strongest bearish divergence in years, paired with a rare 2-week close below the 21-period Simple Moving Average (SMA) of this bull run. Related Reading: Bitcoin Retail Flees, But Sharks & Whales Quietly Growing: Data Furthermore, the Relative Strength Index (RSI) is currently dipping into levels reminiscent of past pivotal moments in 2015, 2018, the COVID-19 pandemic, and the 2022 bottoms. Meanwhile, the Stoch RSI has yet to cross upwards, hinting at the full extent of the potential move ahead. While fear is at its peak in the market right now, history shows that buying during these market lows has consistently led to significant profits over the past 5 years. “Let data guide you, not emotions,” CryptoCrewU noted. Trader_XO highlighted that since 2015, one pattern has remained remarkably consistent in Bitcoin’s cycle. Historically, whenever breaks below the 50-week Moving Average (MA), it has often signaled a deeper move toward the 200-week MA, or even the 300-week MA. Meanwhile, BTC tends to treat the 200-week MA as a major cycle support area.  The price has only dipped below the 300-week MA once in history, and anything trading below the 200-week MA has been relatively short-lived, aligning with the best part of the cycle lows. According to Trader_XO, if the price were to revisit those lower moving average levels, and the broader market context aligns, that area would be viewed as a high-probability buying opportunity, unless this time the move is different. Market Structure Shows Early Signs Of Strength Returning Bitcoin is finally showing signs of strength again. A Full-time crypto teacher, Sykodelic, has pointed out that for the first time since the drop from $116,000, the price has broken above its previous low-time-frame (LTF) range, with a strong push above the 50 SMA.  Related Reading: Bitcoin Price Powers Over $90K as Buyers Suddenly Regain Control of the Trend Since the $116,000 rejection, every time BTC attempts to move into an upper range, it gets rejected and makes new lows. This time, BTC has finally pushed higher. Currently, this is simply an LTF action, but these subtle shifts are exactly what to watch out for when it comes to understanding the nature of trend reversals. A daily close above $87,000 will confirm the breakout of the trend. Sykodelic concluded that moving higher after a drop like that is intricate, and it can take time. Therefore, observe the signs and move accordingly to see how the daily close goes. Featured image from Pngtree, chart from Tradingview.com

The Dogecoin price may be poised for a significant rebound, as a familiar long-term pattern has emerged on its chart. According to technical analysis, the structure looks almost identical to a setup that triggered a major breakout in its previous cycle, from 2023 to 2024. With Dogecoin currently at a crucial support level that once marked the start of its last sustained rally, a crypto analyst has projected that the meme coin could enter a new bullish phase, potentially driving it above $1.  Past Pattern Foreshadows Dogecoin Price Surge To $1 Crypto analyst Trader Tardigrade has predicted that the Dogecoin price could soon surge to $1.10 from its current $0.15 in this cycle. In a recent X post, he highlighted that Dogecoin’s weekly chart has settled on its support trendline for the third time in the current 2021-2026 cycle.  Related Reading: Dogecoin Cup And Handle Pattern Is Returning, What Happens To Price If It’s Completed? The chart shows DOGE’s price reaching this key level after a prolonged pullback, creating a structure similar to the one that formed in late 2023. At the time, this pattern marked the beginning of a slow but consistent uptrend that lasted throughout 2024, ultimately creating the meme coin’s mid-cycle range peak.  The historical comparison between the 2023 – 2024 cycle and the current cycle is clear on the analyst’s chart. In the previous cycle, Dogecoin completed three closes at the support zone before sharply reversing upward. The latest weekly pattern mirrors the exact alignment, with price tightening around a rising trendline while forming higher lows.  Trader Tardigrade also noted that the previous cycle’s slow bull run began from the same setup. Notably, the chart highlights a large boxed region representing the projected 2024 to 2025 phase, where a widening price structure suggests that Dogecoin could still have room for an upward move. If historical patterns repeat as expected, the meme coin could initiate another powerful leg up above $1 by 2026.  Dogecoin’s Bullish Thesis Strengthens After Channel Break Trader Tardigrade has also highlighted an important improvement on Dogecoin’s lower-timeframe chart, indicating a shift from a downtrend. The two-hour chart setup reveals a breakout from a Descending Channel that had previously controlled price movements during the meme coin’s recent decline. The breakout is visible as the white price line pushes above the Descending Channel’s upper boundary, signaling a potential shift in short-term momentum.  Related Reading: Dogecoin Price Could Bounce Very Quickly If This Happens At $0.166 According to Trader Tardigrade, technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) support this shift. While the RSI has broken above its resistance zone, the MACD histogram shows a buildup in positive momentum, with bars expanding upward.  The analyst has explained that Dogecoin often begins its largest bull rallies with early signals on the LTF before spreading to the higher time frames. With momentum rising, Trader Tardigrade believes the DOGE price may already be initiating an uptrend. Featured image from Getty Images, chart from Tradingview.com

Bitcoin has slipped into a critical danger zone as support levels continue to give way, putting the market on edge. Amid this decisive breakdown, the RSI is quietly flashing a bullish divergence, a subtle but meaningful early signal that momentum may be preparing to shift. The charts now paint a tense picture: bearish pressure remains dominant, but the first signs of a potential turnaround have appeared. Support Levels Crumble As Bitcoin Extends Its Downtrend According to an update shared by Crypto Candy on X, Bitcoin continues to break through support levels with little hesitation. The price held the $93,000–$95,000 zone for a brief period, but eventually failed to maintain that structure, triggering another move to the downside. The speed of each breakdown highlights how fragile market sentiment currently is. Related Reading: Bitcoin SSR Flashes Buy Signal: Rebound Incoming? With the most recent support now lost, Bitcoin has slipped to lower levels and remains under bearish pressure. If this momentum persists, Crypto Candy noted that the next area of interest lies between $86,000 and $87,500, a major support where buyers may attempt to slow or halt the decline. Should Bitcoin manage to hold within this $86,000–$87,500 range, a short-term reversal becomes possible. Even a modest bounce could provide temporary relief to the broader downtrend. However, such a reaction would still require confirmation before hinting at any sustainable shift in momentum. If that support fails to hold, Crypto Candy warns that the market could face another steep drop. A continued breakdown would reinforce the ongoing bearish narrative, opening the door for what he described as a “waterfall” scenario.  Bullish Divergence Emerges On The 4H Chart Crypto analyst Chad recently noted in an X post that Bitcoin is showing a notable bullish divergence between its price action and the RSI (Relative Strength Index) on the 4-hour chart. This divergence is a technical signal where the price makes a lower low.  Related Reading: Bitcoin Price Alert: This Indicator Signals SELL, Could History Repeat With A 67% Drop? Chad acknowledges that the price is clearly in a short-term downtrend and will need to reverse at some point. While he admits he doesn’t know the exact timing of the reversal, he emphasizes that the bullish divergence is the first positive sign that sellers are losing control and a structural shift may be near. To officially switch the short-term market structure back to bullish, Chad outlines a simple progression: the price needs to first make a higher high to break the current downtrend, and then confirm that break by establishing a higher low. This sequence is necessary to confirm that buyers have successfully taken over directional control of the price. Featured image from Pngtree, chart from Tradingview.com

The recent Bitcoin price crash is not just another dip in the market, according to analysts; it could be one of the most critical phases for its long-term bullish structure in this cycle. Crypto market expert Tara has emphasized that this ongoing retracement sets the foundation for Bitcoin’s next major bottom. Her analysis points to a potential Wave 5 correction that could drive the BTC price as low as $94,000 before the next major bullish trend begins.  Bitcoin Price Eyes Recovery After Wave 5 Retracement In a technical analysis shared on X social media, Tara disclosed that Bitcoin’s latest price correction “is probably one of the most important retraces it will have in a long time.” She views the decline as an essential process that prepares the leading cryptocurrency for a strong rebound in the future. Based on her Elliott Wave analysis, there are only two waves left before the broader market shift begins.  Related Reading: Analyst’s Full Market Breakdown Shows Why Bitcoin Price Is Headed For $120,000 The analyst notes that the primary reason the Bitcoin price crash is important is that it allows the Relative Strength Index (RSI) to recover, creating ideal conditions for a Bullish Divergence. Subsequently, this divergence could establish a solid bottom for BTC, which is a critical signal for the start of a renewed uptrend.  In her chart, Tara identifies a key Fibonacci Retracement zone between $103,400 and $104,900 as the resistance range for its current wave. The 0.382 Fib level is located near $103,478, where the Bitcoin price intersects with the Moving Average (MA), while the 0.5 Fib level aligns with $104,943. The analyst notes that this range could act as a crucial pivot zone before BTC resumes its correction in the final Wave 5 down to $94,000.  Additionally, the chart shows that Bitcoin is currently retracing from a previous low near the 0.618 Fibonacci Extension around $103,755.79. Trading volume has also declined by over 48% in the past 24 hours, while RSI remains weak at 33.96, signaling that the market is still oversold. Why The Path To $94,000 Matters For The Next Bull Cycle In responding to questions from crypto community members under her X post, Tara clarified that Bitcoin could first rise to $104,000, representing a 0.97% increase from current levels above $103,000, before crashing 9.6% to $94,000. She expects a price bottom to occur quickly and soon, whereas it may take longer for Bitcoin to build solid support before reversing into a new bullish phase.  Related Reading: Here’s What Happened The Last Time The Bitcoin Price Closed October In The Red Tara stated that the ongoing retracement could peak around the day of her analysis, but the bottom might take a few more days to form. Despite the anticipated “pain,” she reassured market watchers that the correction is necessary for Bitcoin’s next leg higher. She also emphasized that the market may not feel bullish until mid-December 2025. Featured image from Pixabay, chart from Tradingview.com

The cryptocurrency market has been on edge in recent weeks, and two of its most recognized meme tokens, Dogecoin and Shiba Inu, have suffered the brunt of the sell-off. Both coins have seen significant price drops with low bullish whale activity, declining on-chain performance, and worsening market sentiment.  Dogecoin’s fall is aggravated by large holders selling massive amounts of tokens, while Shiba Inu’s troubles are due to its inability to sustain liquidity and demand through its layer-2 network, Shibarium. Together, their price crashes reflect the unease among retail traders concerning the two meme coins. Dogecoin And Shiba Inu Crashing Dogecoin and Shiba Inu’s price action has crashed notably in the past seven days. Dogecoin, for one, fell as high as 17% in a seven-day timeframe, and Shiba Inu also witnessed a comparable 12% drop.  Related Reading: Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts Notably, on-chain data shows that Dogecoin’s recent crash was ignited by a large-scale sell-off from whale wallets holding between 10 and 100 million DOGE. The numbers show that these wallets offloaded roughly one billion coins within seven days. The resulting cascade effect pushed Dogecoin below a key support level near $0.18, which in turn triggered additional liquidations across derivatives markets.  As it stands, Dogecoin’s market capitalization had dropped from almost $30 billion to roughly $24.7 billion in the past seven-day timeframe. Trading volume has also surged massively within the past 24 hours, with most of the activity being selling pressure. Shiba Inu has faced its own share of bearish troubles in the past few days. Shiba Inu’s price action fell to around $0.0000089, its lowest price since January 2024. The token’s decline has been compounded by weak liquidity, low trading volume, and a marked slowdown in network activity.  Technical indicators confirm its prolonged downtrend, with Shiba Inu trading well below its 50-day, 100-day, and 200-day moving averages. Its Relative Strength Index is below 34, suggesting weak momentum with no sign of bullish divergence. Outlook: Can Dogecoin And Shiba Inu Recover? Both Dogecoin and Shiba Inu mostly depend on community hype, and that is virtually nonexistent as it stands. The wider crypto market downtrend in the past 24 hours has done nothing to help either, with many cryptocurrencies weakening against the growing dollar index. The entire crypto market fell by as much as 4% in the past 24-hour timeframe.  Related Reading: Shiba Inu Open Interest Crash To 2024 Levels, Is It Game Over For The Meme Coin? However, crypto history shows that meme coins tend to bounce strongly once overall crypto sentiment improves. Dogecoin’s long-term support around $0.15-$0.17 has always served as a turning point, while Shiba Inu’s oversold RSI could eventually draw bargain hunters if market conditions stabilize. For now, their recovery depends heavily on a better retail engagement and a strong market-wide relief rally, neither of which seems imminent in the short term. At the time of writing, Dogecoin is trading at $0.164 and is looking like it can reclaim its $0.17 support. Shiba Inu, on the other hand, is trading at $0.00000897. Featured image from Getty Images, chart from Tradingview.com

Technical analyst Charting Guy has shared a new perspective on the relationship between XRP and Ethereum, identifying a setup that he believes could lead to short-term XRP outperformance.  His analysis, which was posted on the social media platform X, focuses on the XRP/ETH weekly chart, where he highlighted the formation of a bullish divergence that has not appeared since mid-2024. The development, he says, signals a constructive shift in momentum that will favor XRP’s price action over Ethereum for the next three months. A Rare Weekly Bullish Divergence Favors XRP Over Ethereum In his update, Charting Guy explained that the XRP/ETH weekly Relative Strength Index (RSI) was previously rejected but has now reversed into a bullish divergence. The RSI has turned upward from a low region, while the price closed at a lower low last week, which is a tell-tale sign of waning selling pressure and XRP building strength against Ethereum. Related Reading: Here’s What The XRP Open Interest Reset Means For The Price This green-marked divergence on the analyst’s XRP/ETH chart, which is shown below, mimics a setup that preceded another major swing in XRP’s favor. The yellow RSI moving average has also started to flatten, and this is another signal that momentum could be stabilizing before a breakout.  The last time this same configuration occurred was in June 2024, just before XRP began a multi-month surge against Ethereum. Back then, the XRP/ETH pair rose from 0.00015 to as high as 0.0003 in August 2024, before retracing and then finally picking up again in November 2024. The pattern outlined by the analyst shows XRP/ETH currently consolidating near the 0.00063 ratio level. This time, the setup looks equally compelling. The RSI’s upward curve points to market participation on the XRP side, while Ethereum’s relative momentum continues to slow. If the pattern repeats, it could mark the start of another short-term cycle of the token strength against ETH. Short-Term Projection Favors XRP As shown by the projection drawn in blue on the chart above, Charting Guy visualized a scenario where XRP climbs sharply relative to Ethereum. The projection uses the performance of the pair between July 2024 and March 2025 to predict the next move. From here, the projection places the XRP/ETH pair trading above 0.00015 by March 2026. Related Reading: Ethereum and Solana Price Ready To Send Hard? Legendary Analyst Says It’s Time To Pay Attention He concluded his analysis by stating, “I am VERY bullish on $XRP > $ETH the next 3 months.” His three-month forecast implies that XRP could regain a leadership position among major altcoins during the next quarter. If the token manages to outperform Ethereum as predicted, it will close the gap in their market cap. At the time of writing, XRP is trading at $2.64 with a $158 billion market cap. Ethereum, on the other hand, is trading at $4,025 with a $486 billion market cap. Featured image from iStock, chart from Tradingview.com

XRP is holding firm above the $2.38 support level after a recent pullback, suggesting that bulls may still have control. As buying pressure builds, traders are watching closely for a potential breakout that could reignite bullish momentum in the coming sessions. Early Strength Fades After Hitting $2.52 Umair Crypto, in his latest market update, noted that XRP displayed initial strength after rebounding cleanly from the 50-day Simple Moving Average (SMA). The price managed to climb to around $2.52 with a solid close on the 4-hour chart, signaling renewed buyer interest and a potential shift in short-term momentum. Related Reading: XRP Price Coils Below Resistance — Bulls Prepare For Possible Upside Explosion However, that early optimism was short-lived as XRP’s upward push lost steam before even reaching the 100-day SMA. The failure to extend higher has started to reveal some underlying weakness in the chart, with bulls struggling to sustain momentum at higher levels. Umair emphasized that the Relative Strength Index (RSI) trendline now plays a crucial role in determining the next direction. A confirmed breakdown below this RSI trendline could lead to another lower low, effectively continuing the current local downtrend and reinforcing bearish sentiment in the market. For now, the situation remains uncertain. XRP must hold firmly above the $2.38 support level and maintain strength along the RSI trendline. However, a failure to do so could expose XRP to deeper downside risks in the short term. Momentum Or Pause? The Decisive Moment For XRP MakroVision Research highlighted that XRP successfully halted its steep decline within the lower Golden Pocket region, between approximately $1.40 and $1.55, and has recovered as buying pressure resurfaced. In the short term, the firm noted that XRP is now approaching a key resistance range between $2.48 and $2.65. Related Reading: XRP Charts Telling A Tale: Q4 Setup Mirrors 2017 Bullish Breakout, Time To Buy? A failure to break above this zone could lead to temporary consolidation as the market gathers momentum for its next move. On the downside, the $1.96 level remains a critical support area, as losing it could reintroduce downside pressure. From an upside perspective, a decisive and sustained breakout above $2.65 could open the door for further gains toward $3.06. According to MakroVision Research, only a move beyond this level would confirm renewed bullish strength and restore clear upward momentum across the broader trend. In conclusion, the analyst emphasized that XRP’s precise targeting of the Golden Pocket and its swift recovery show that buyers are still active and defending key zones. However, the next major test lies in whether the bulls can generate enough momentum to overcome the $2.65 resistance and set the stage for a broader rally. Featured image from Peakpx, chart from Tradingview.com

Bitcoin’s weekly chart shows promising signs of strength as the RSI continues to climb, hinting at the potential for further upside. However, the battle isn’t over yet. With price hovering near the critical $107,000 support, bulls must defend this level to prevent deeper downside pressure. RSI And Price Alignment: A Textbook Case Of Momentum Confirmation In a recent market update, EGRAG CRYPTO questioned whether the bulls and bears are even analyzing the same chart, as the current macro weekly structure of Bitcoin shows no signs of bearishness. The broader setup remains firmly bullish, suggesting that the ongoing price movements are part of a healthy uptrend. Related Reading: Bitcoin (BTC) Price Eyes $114,000 Retest Amid Bounce, But Analyst Suggests Caution The analyst emphasized that when Bitcoin’s price and the Relative Strength Index (RSI) rise simultaneously on the weekly timeframe, it serves as a confirmation of momentum rather than a warning sign. This alignment often signals strong buying interest and market conviction, supporting the argument for continued bullish pressure in the near to mid-term. EGRAG CRYPTO further highlighted that the Exponential Moving Average (EMA) ribbon remains supportive, reinforcing the trend’s strength. In the expert’s view, the current setup is a clear indication of macro confirmation, not mere market noise. Such alignment between indicators typically precedes significant continuation phases, showing that the trend remains well-structured and sustainable. However, the expert added a note of caution, stating that traders should only be wary if the RSI climbs into overbought territory above 70, which could suggest a temporary cooldown. For now, with RSI hovering around 50, Bitcoin still has plenty of room to run. This leaves the market with a strong technical foundation and considerable potential for further upside momentum. Bitcoin Faces Rejection At $111,000: Bulls Lose Grip On Momentum According to Crypto VIP Signal’s latest analysis, Bitcoin is currently facing challenges after failing to sustain its upward momentum above $111,000. The rejection from this point suggests that selling pressure remains strong, keeping bullish momentum temporarily in check. Related Reading: Bitcoin On-Chain Activity Slumps Below 365-Day Average – Is Momentum Losing Steam? Crypto VIP explained that Bitcoin is now retesting the $107,000 support zone, a critical area that could determine the next possible move. Holding this level is essential to prevent a deeper pullback, as it has served as a key foundation during previous consolidation phases. However, a decisive break below the $107,000 support would likely trigger additional selling pressure, potentially extending the ongoing correction. Monitoring this level closely now appears important, since a bounce from here could reignite bullish sentiment, while a breakdown might expose Bitcoin to further downside risks in the short term. Featured image from Pixabay, chart from Tradingview.com

A rare signal from a legendary market analyst has caught traders’ attention as the Ethereum and Solana price begins to show potential reversal signs. With the broader crypto market still in a slump, a subtle alert from the inventor of one of the most respected technical indicators has analysts wondering whether a major shift is about to unfold in ETH and SOL.  Bollinger Inventor Signals Ethereum And Solana Price Explosion John Bollinger, technical analyst and inventor of the world-famous Bollinger Bands indicator, has shocked the broader crypto community after identifying potential “W” bottoms forming on the Ethereum and Solana charts. In his market commentary on X social media, Bollinger noted that while Bitcoin has yet to exhibit similar signals, the ETHUSD and SOLUSD pairs are shaping up in a way that demands attention.  Related Reading: Ethereum Price Could Surge To $6,400 With New Bullish Wave, But There’s A Problem Notably, Bollinger’s cautious but bullish statement immediately drew attention from fellow market analysts. Satoshi Flipper, a well-known crypto expert, revealed that Bollinger typically makes only one such market call each year and has not issued one for Ethereum in three years. He disclosed that the last time the Bollinger Bands inventor made a similar statement was in September 2022, just before the ETH price surged from around $1,290 to nearly $4,000.  Due to Bollinger’s selective and historically accurate calls, analysts see it as an early sign of a potential reversal of a downtrend or consolidation into an explosive breakout. If the inventors’ analysis proves accurate once again, both Ethereum and Solana could be sitting at the foundation of one of their strongest bull rallies  Analysts Predict Bullish Targets For ETH And SOL Two separate technical analyses also highlight an optimistic outlook for the Ethereum and Solana prices. Crypto analyst Lark Davis highlighted that Solana’s chart structure appears “very constructive,” with the Relative Strength Index (RSI) approaching a momentum breakout and the Moving Average Convergence Divergence (MACD) gearing up for a bullish cross.  Related Reading: Solana Price At Risk Of 50% Crash To $104 After Forming This Larger Bearish Trend Davis noted that Solana’s price action is forming a clear Double Bottom, a classic reversal pattern. Should the neckline break, he projects a potential price target near $250, provided bulls can defend the 200-day EMA. With Solana trading around $192, a rally to that target would mark roughly a 30% gain.  Ethereum’s technical outlook is even more dramatic. Analyst Merlijn the Trader stated on X that ETH has been developing the most explosive setup since the 2017 bull cycle, pointing to a textbook Bullish Pennant pattern on the monthly chart. Historically, such formations precede massive continuation once the price breaks above the upper boundary of the pattern.  Merlijn’s chart analysis projects an eventual breakout target around $8,500, suggesting that Ethereum could set a new all-time high soon. Considering that the ETH price is sitting above $4,000, a surge to this bullish target would more than double its value, marking an impressive 110% increase. Featured image from Getty Images, chart from Tradingview.com

XRP is showing signs of a powerful bullish resurgence as both price action and momentum indicators move in perfect harmony. Recent analysis reveals that the price and Relative Strength Index (RSI) are trending upward together, a strong signal of renewed investor confidence and sustained buying pressure. With this alignment fueling optimism, XRP is orchestrating a steady climb toward the key $4 level. XRP’s Strength Amplifies With Unified Uptrend EGRAG CRYPTO, in a recent update, revealed that XRP is showing strong bullish signs when viewed from a macro perspective, as both the price and the RSI are trending upward. This coordinated movement between price and momentum indicators suggests that the broader market sentiment around XRP is shifting decisively in favor of the bulls. Related Reading: Zach Rector Pits XRP Against The Rest Of The Market – Here Are The Results According to the update, XRP’s price trend is maintaining a steady upward trajectory with a slope of around 7, signaling consistent accumulation and market strength. This rise reflects a solid foundation of buyer support, indicating that the asset could be gearing up for a potential breakout. The persistence of this trend highlights that XRP’s bullish momentum is not merely short-lived but part of a developing long-term move. On the other hand, the RSI is climbing with an even steeper slope of about 9 to 10, confirming that momentum continues to build strongly. This synchronization between price and RSI movement adds further credibility to the bullish narrative, as it shows no sign of divergence that might warn of a reversal. Macro Outlook: XRP Displays Clear Upward Momentum EGRAG CRYPTO highlighted that the synchronized upward movement of both XRP’s price and the RSI confirms a strong bullish trend. According to the analysis, the consistent upward momentum reflects sustained buying activity, suggesting that XRP remains well-positioned for further gains. Related Reading: Analyst Urges All XRP Investors To Pay Attention To This Connection No One Has Made Before Furthermore, EGRAG CRYPTO pointed out that there is no divergence between the price and RSI, a factor that adds credibility to the ongoing uptrend. When both indicators move in unison, it signals that the market’s momentum is genuine and not showing signs of exhaustion. The lack of divergence suggests that the current rally is healthy and likely to continue without an immediate risk of reversal. In conclusion, the analyst described the overall setup as highly bullish for XRP. The continued harmony between price action and RSI suggests that upward momentum could persist, paving the way for a significant move higher. A decisive close above the $4 mark, he noted, would represent a key milestone for XRP’s long-term outlook, symbolizing a potential step closer to what the community refers to as “Valhalla.” Featured image from iStock, chart from Tradingview.com

Last week, Ethereum (ETH) prices fell below $4,000 amidst a general crypto market onslaught marked by heavy liquidations. However, the prominent altcoin soon made a quick bounce off the $3,800 price region and has since slipped into consolidation. Notably, popular crypto analyst Lark Davis is tipping Ethereum to make a euphoric market rebound with a potential all-time high on the cards. Related Reading: Ethereum Supply On Exchanges Shrinks: Multi-Year Lows Signal Bullish Setup Ethereum RSI Flashes Bullish Signal After Fall Into Deep Oversold Zone The Relative Strength Index (RSI) is a technical analysis indicator that measures the speed and magnitude of price movements. It is generally used to identify when an asset is overbought, i.e., an overheated market, or oversold, i.e., potentially undervalued and could attract heavy accumulation activity. According to Lark Davis, Ethereum’s price has crashed by over 20% in the past two weeks. Notably, this price loss has pushed the asset’s RSI into its most oversold zone since April lows. When this previously occurred, Ethereum popularly surged by 134% in the following two months. The altcoin now finds itself in a similar situation, with its RSI touching around 39.95. With expectations that the crypto market will turn bullish in Q4, Davis explains that this rare RSI signal could trigger a parabolic Ethereum price surge. In a separate post, fellow market expert Michaël van de Poppe shared some insights into this market behavior, highlighting that September has been a historically bad month for Ethereum, alongside the general market. However, market data also shows that Q4 and Q1 are traditionally bullish. If Ethereum maintains this behaviour, Lark Davis is postulating the altcoin will experience a possible rally to $7,000-$8,000, indicating a potential 100% price gain from current market levels. Related Reading: 8 Years In Hiding—Now $3 Billion In Ether Comes Alive Ethereum Price Overview At the time of writing, Ethereum is trading at $4,006, reflecting price losses of 0.32% and 10.7% in the past one and seven days, respectively. Meanwhile, the asset’s trading volume has crashed by 57.49% and is now valued at $21.66 billion. Looking to the next month, Ethereum is likely to maintain its current rebound as Q4 begins. Interestingly, the altcoin has recorded an average monthly return of 6.94% and a median monthly return of 1.94% in October, indicating strong potential for market growth. However, Lark Davis has identified an important support level around the $3,800-$3,900. The analyst warns that Ethereum bulls must maintain this price floor to preserve their current bullish structure. Meanwhile, with a market cap of $483.26 billion, Ethereum continues to rank as the second-largest cryptocurrency. Featured image from Flickr, chart from Tradingview

Dark Defender, a prominent XRP analyst, has drawn significant attention to the token, suggesting that XRP may be setting up a move that could take the market by surprise. Despite its struggle to decisively break above the $3 mark, XRP is now forming a Falling Wedge pattern that signals the potential for a powerful breakout by October.  Falling Wedge Signals XRP Breakout By October  In a recent XRP price analysis, published on Monday, Dark Defender noted that the third-largest cryptocurrency has once again respected its key support levels at $2.85, despite being rejected at $3.13. The XRP price tapped into the primary support trendline, highlighted in orange on the chart, which has consistently held as a structural base. Related Reading: Analyst Predicts XRP Price Will Definitely Reach $10,000, Gives Reasons Why Importantly, the Relative Strength Index (RSI) is edging closer to oversold territory, a signal often associated with potential price reversals. While skepticism spreads across the market, Dark Defender insists that the XRP bullish structure remains intact and that disbelief itself is a sign that many could be caught off guard by what’s to come.  The analyst notes that the cryptocurrency has been consolidating within a Falling Wedge pattern between July and September. According to him, October could be the month when XRP finally breaks free from the wedge and delivers a rally strong enough to surprise the broader market.  Building on this momentum, Dark Defender has forecasted three potential price targets for XRP by October: $4.17, $4.92, and $5.85. These levels correspond to upper Fibonacci Extension zones, specifically 261.8%, 361.8%, and 236.8%, respectively. Meanwhile, XRP has its closest supports set at $2.80 and $2.64, ensuring a strong base for the projected Falling Wedge breakout.  XRP Bullish Run Just Starting Following his earlier predictions, Dark Defender further reinforced his bullish case by asserting that XRP has not begun its true rally. He suggested a power shift is underway, hinting that what the market has seen so far is only the beginning of a larger bullish wave.  Related Reading: Analyst Unveils 3-Month Prediction For Bitcoin, XRP, And Dogecoin – It’s Very Bullish This perspective arrives at a time when XRP has already delivered a remarkable performance in 2025. According to CoinMarketCap’s data, the cryptocurrency has gained 384% Year-to-Date, a surge fueled by increasing demand, rumors of a potential XRP ETF, and renewed confidence after the conclusion of the Ripple-SEC lawsuit.  With XRP reaching a high of $3.65 earlier this year and trading just over 5% shy of reclaiming its former all-time high of $3.84, Dark Defender remains certain that the asset’s real growth is still ahead. Based on this view, the recent pullback below $3 is not seen as a weakness, but rather as a consolidation phase before the next leg higher.  He highlighted that XRP is nearing the end of this corrective ABCDE consolidation phase and preparing for a lift-off. According to his chart analysis, once the cryptocurrency reclaims the $3.33 level, it could pave the way for double-digit prices.  Featured image from iStock, chart from Tradingview.com

XRP stands at a pivotal point as it approaches the $2.97–$3 resistance zone. Holding above this level could confirm bullish momentum and spark the next Wave 3 rally, but a rejection here risks triggering a deeper correction. Perfect Retest: $2.79 Support Holds Strong CasiTrades, a crypto analyst, recently shared an update on XRP’s ongoing market structure, pointing out that the backtest of the $2.79 support level was flawless. According to CasiTrades, this was precisely where momentum was expected to re-enter the market, and buyers have indeed shown strength at this zone. She emphasized that the macro 0.5 Fibonacci level is continuing to act as a major support, anchoring XRP during the broader correction phase. Related Reading: XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details Despite this positive reaction, the analyst cautioned that the market is not entirely clear just yet. While the bounce from support shows encouraging signs, XRP still has work to do to confirm a fully bullish reversal. CasiTrades explained that for XRP to invalidate the risk of a deeper correction, the price must break and sustain above the $2.97 level. This mark, representing the 0.854 retracement and the bottom of Wave 1, is a crucial barrier that could alter the trajectory of XRP if successfully reclaimed.  The analyst added that the full confirmation of support would only come if XRP manages to flip the $3.00 level, which aligns with the macro 0.382 Fibonacci retracement range, into a reliable support zone.  Strength Or Collapse: XRP Market’s Defining Moment CasiTrades laid out the two potential paths for XRP based on its reaction to the key resistance levels. If the asset successfully breaks above the previously mentioned resistance points, namely $2.97 and $3.00, it would signal a major strength and confirm a new trend for what she refers to as Wave 3 up. This outcome would likely validate the recent rally and suggest that the correction is over. Related Reading: XRP Price Recovery Stalls – Traders Watching If Bulls Can Overcome Resistance Conversely, she warns of a potential downside if those resistance levels are not broken. In this scenario, the market could retest the $2.79 support level once again. A more bearish outcome would see the price dip even lower, toward the $2.58 level, which corresponds to the .618 Fibonacci retracement level. Thus, the crypto analyst concludes by emphasizing the importance of closely monitoring these levels on the RSI (Relative Strength Index) for any signs of exhaustion. The RSI is a momentum oscillator, and watching it in conjunction with the price action could provide early warnings of a potential reversal, helping to confirm whether the trend is strong or if a pullback is imminent. Featured image from iStock, chart from Tradingview.com

Solana (SOL) investors are witnessing rising volatility as a surge in whale activity signals deadly selling pressure in the market. Despite a strong rally above $250 earlier in September, market sentiment appears to be shifting, with whale deposits into centralized exchanges hinting at potential headwinds ahead. Most recently, a staggering 312,233 SOL tokens were deposited into Coinbase, fueling concerns that whales may be positioning for significant profit-taking.  Solana Whale Deposits Signal Rising Selling Pressure Blockchain tracker Whale Alert reported one of the largest Solana transfers in recent weeks, with 312,233 SOL valued at approximately $75.1 million, moved from an unknown wallet to Coinbase Institutional on September 21. The size and timing of this large-scale transfer immediately raised concerns that whales could be positioned to sell.  Related Reading: XRP Price At $23, Dogecoin To $2, And Solana At $1,800? Analyst Unveils 2026 Predictions Before this transfer, Whale Alert had flagged another massive transaction of 227,928 SOL, worth around $54.5 million, being funneled into Coinbase on the same day. Together, these two deposits represent more than $129 million in Solana potentially at stake of being sold off. The implications of such moves are significant, as large holders typically send tokens to exchanges with the intention to sell, ultimately adding considerable downward pressure to the market. Notably, Solana’s price rally in September has been fueled by strong demand; however, these recent transfers raise the risk of oversupply, particularly as the token hovers around $224. If whales follow through with the selling, it could cap SOL’s bullish breakout attempt and force the price back to lower support zones.  Interestingly, this is not the first time Solana has faced similar whale-driven headwinds this month. Just over a week ago, blockchain analytics platform Lookonchain reported multiple whale dumpings into various crypto exchanges. A wallet tagged “CMJiHu” deposited 96,996 SOL ($17.45 million) into Coinbase, while “5PjMxa” moved 91,890 SOL ($15.98 million) to Kraken. The same day, another wallet “HiN7sS” transferred 37,658 SOL ($6.73 million) to Binance, securing a profit of $1.63 million. These earlier transfers, combined with the latest inflows, show a pattern of whales steadily reducing their exposure as market sentiment shifts. SOL Momentum Weakens Under Heavy Selling Crypto analysts now view Solana as being at a pivotal crossroad, where strong fundamentals clash with mounting selling pressure and technical risks. Market expert Tom Tucker notes that SOL has climbed more than 150% in 2025, but its rally is showing signs of fatigue. The analyst’s chart reveals a rising wedge formation, often a precursor to a breakdown, combined with weakening momentum indicators.   Related Reading: Solana price At Risk Of 10% Crash With Descending Broadening Wedge The Relative Strength Index (RSI) is narrowing into a triangle, suggesting indecision, while the MACD has flattened after months of strength. This setup, when paired with heavy whale deposits into exchanges and rising sell pressure, underscores the growing possibility of a short-term pullback.  Yet, the outlook is not entirely bearish. Tucker points to optimism surrounding a potential Solana ETF, the upcoming Alpenglow upgrade, and steady treasury accumulation as fundamental drivers that could extend SOL’s long-term growth. Featured image from iStock, chart from Tradingview.com

Solana is strengthening its bullish outlook, with recent price action showing firm momentum above key moving averages. This strength underscores growing buyer confidence and highlights a market structure tilted in favor of further gains. With support levels holding and momentum indicators flashing strength, SOL appears to be building the foundation for its next leg higher in the ongoing bull run. Solana Holds Above Key Moving Averages, Reinforcing Bullish Bias Gemxbt, in a recent post, pointed out that SOL is displaying a strong bullish market structure, with its price action now trading above the 5, 10, and 20-period moving averages. Such alignment of short-term moving averages reflects sustained upward momentum, as buyers continue to maintain control over the market direction. Related Reading: Solana (SOL) Pushes Higher – Is More Upside Still Ahead? The analyst noted that Solana has established key technical levels, with support forming around $237.5 and immediate resistance situated near $245. These levels will likely serve as pivotal points in the short term, guiding whether the market consolidates further or pushes higher. A break above resistance could reinforce the bullish momentum, while defending support remains essential to preserving the uptrend. Further strengthening the outlook, the Relative Strength Index (RSI) is trending upward. This indicator points toward growing market confidence, as traders continue to lean toward accumulation rather than distribution, reinforcing the bullish tone in SOL’s price action. Adding to the confluence, the MACD has recorded a bullish crossover, with the MACD line moving above the signal line, supporting the bullish sentiment. Combined with the alignment of moving averages and supportive RSI trends, the overall setup suggests that Solana is well-positioned to sustain its rally if buyers maintain their presence in the market. Technical Pattern Confirms Renewed Buyer Strength BitGuru, in a recent update on X, highlighted that SOL has staged a remarkable rally, driven by a strong double bottom breakout and a clean bullish setup. The formation of these patterns has provided momentum for Solana’s price to push all the way up to $249.60, signaling renewed strength in the market. Related Reading: Solana (SOL) Rally Builds – Can Bulls Extend Gains Beyond Key Levels? Following this impressive surge, the price action has entered a cooling phase, with the market now undergoing a pullback. Despite the retracement, the overall structure remains intact as SOL is consolidating near the key $235 support level.  In the meantime, this pause in price movement could be a healthy step for the market, allowing buyers to regain strength before attempting another push higher. As long as $235 holds firm, the setup continues to favor bulls, with Solana potentially eyeing a fresh move back toward resistance levels in the sessions ahead. Featured image from Adobe Stock, chart from Tradingview.com

Bitcoin’s price action has managed to break above $115,000 after spending the majority of the past two weeks trading below this level. Bitcoin is now holding firm above $114,000, and the leading cryptocurrency has regained momentum over the past week that shows signs of renewed bullish strength.  According to technical analysis, a hidden bullish divergence is forming with the recent price action this week, and this could be the setup that pushes Bitcoin to new price highs. Bitcoin Revealing Hidden Bullish Divergence Technical analysis of Bitcoin’s weekly candlestick timeframe chart, which was posted on the social media platform X by crypto analyst CrypFlow, shows that Bitcoin could be on track to resume its journey of new all-time highs. Related Reading: Here’s How The Bitcoin Price Macro Correction Could Play Out Next Last week’s close means that Bitcoin has confirmed a higher price low in the weekly timeframe following the pullback that began after its August all-time high. As shown in the weekly candlestick chart below, this low is a higher low compared to June’s low below $100,000.  On the other hand, while the price printed a higher low, the Relative Strength Index (RSI) posted a lower low in the same time frame. This mismatch between price and momentum creates what is called a hidden bullish divergence, which is a technical pattern that suggests bullish continuation.  The weekly candlestick chart shared by CrypFlow shows Bitcoin defending an important support level around $114,000 and is now on two bullish weekly candlesticks. According to the analyst, if this divergence is confirmed as expected, it could provide the foundation for Bitcoin to push to new highs again. At the time of writing, Bitcoin is trading 5.7% below its current all-time high of $124,128. Stochastic RSI Flips Bullish The stochastic RSI indicator on the weekly timeframe has just flipped bullish, though confirmation will depend on how Bitcoin closes in the coming sessions. The last time such a bullish flip occurred on the weekly timeframe was in April, just before Bitcoin kickstarted a run that saw it close at bullish prices for seven consecutive weeks. A similar playout could see Bitcoin register at least five more bullish weekly closes in the coming weeks. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? The upcoming macroeconomic events could introduce volatility into the crypto industry, and this is worth keeping an eye on. The Federal Open Market Committee (FOMC) is set to meet on Wednesday, and expectations are running high that policymakers will announce an interest rate cut of 25 basis points or possibly even 50 basis points. An interest rate cut could have different effects, and history has shown that this could shift investor sentiment toward Bitcoin and other large-cap cryptocurrencies. At the time of writing, Bitcoin is trading at $117,040, already playing out bullish continuation by being up by 9% from its September open. Featured image from Pixabay, chart from Tradingview.com

Despite recent volatility and price swings, XRP has remained firm above critical support levels, with technical indicators suggesting a possible breakout. Crypto analysts who closely monitor momentum on the daily time frame, particularly the Relative Strength Index (RSI), indicate that XRP bulls are regaining strength, paving the way for a potential move above the $ 3.60 mark.  RSI Turns Bullish As XRP Eyes Higher Levels In his latest analysis on X social media, crypto market expert Dark Defender noted that XRP’s price structure is holding steady above essential support zones, with the $2.85 level emerging as a pivotal point in the current cycle. Previously identified as strong support, $ 2.85 has now flipped into a resistance barrier.  Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds A sustained push above this threshold could unlock a path toward $3 and beyond, ultimately setting the stage for a potential retest of the $3.6 weekly resistance line. At the time of writing, the price of XRP is $2.87, meaning a surge above $ 3.60 would represent a significant increase of more than 25%.  On the daily chart, XRP has completed a corrective ABC pattern, with the recent bounce from the $2.74 level marking the start of a new upward wave. The RSI indicator has begun trending upward from oversold conditions, signaling renewed buying momentum. This bullish divergence strengthens the case for a potential breakout rally, provided that price maintains its footing above the retracement levels of 23.6% and 38.2%.  Currently, momentum indicators suggest that XRP’s next target lies in the $2.85 and $3 zone, with the possibility of a stronger increase if volume supports the move. Dark Defender’s analysis underscores that although XRP’s price action remains slow and consolidating, its structure continues to align with bullish technical signals, reinforcing expectations of further upside in the near term.   Analyst Signals Caution As XRP Exchange Reserves Spike Crypto analyst Greg Miller has announced on X that XRP exchange reserves have surged to a one-year high—a development often interpreted as a sign of selling pressure. Sharp increases in reserves typically suggest that more tokens are being moved onto centralized platforms, with investors possibly preparing for liquidation. Related Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized The CryptoQuant‘s chart reveals a clear divergence between XRP’s exchange holdings and price action. While the cryptocurrency is consolidating around the $2.7 to $2.9 range, the sharp uptick in reserves reflects growing caution among investors. Historically, similar trends have preceded price corrections, and XRP’s earlier breakdown from the $2.74 level confirms that bearish momentum has not fully dissipated.  According to Miller, the surge in reserves introduces a significant risk in September. While some technicals favor an upside breakout, the heavy supply in exchanges could cap gains prematurely, stalling any meaningful rally. Without a surge in demand to absorb inflows, Miller argues that XRP’s recovery toward $3 or higher remains unlikely. Featured image from Getty Images, chart from Tradingview.com

Solana’s price action is showing fresh signs of strength as bulls reclaim key technical levels. With momentum building around critical support and resistance zones, traders appear to be positioning for the next leg higher. The chart setup suggests renewed upside potential, but overbought signals hint that caution may still be warranted. Solana Breaks Above 200 SMA, Extending Bullish Momentum Gemxbt, a crypto analyst on X, recently highlighted Solana’s strong bullish trend as the asset pushed above the 200-day Simple Moving Average (SMA). This key technical breakout signals renewed strength in SOL’s price action, placing the cryptocurrency in a favorable position to extend its upward momentum. The break above this long-term indicator often attracts bullish sentiment, as it suggests the broader trend is shifting toward recovery and growth. Related Reading: Analyst Says Solana Price Is At The Gates Of Massive Breakout, Here’s The Target According to Gemxbt, Solana’s chart is now showing clear technical levels to watch, with immediate support around $195 and resistance forming at the $210 mark. These zones are crucial for traders, as they define the short-term battleground between buyers and sellers. A sustained hold above $195 would reinforce the bullish structure, while a decisive break above $210 could open the door for further gains. The analyst also pointed out that momentum indicators are aligning with the bullish case. SOL’s MACD has confirmed a bullish crossover, strengthening the outlook for continued upside. At the same time, the Relative Strength Index (RSI) is approaching overbought levels, hinting that the market may be due for a temporary cooldown or pullback before the next move higher. Gemxbt further noted that trading volume has been rising alongside price action, a sign that market participants are actively positioning around Solana. This uptick in volume supports the bullish trend, as it reflects genuine buying interest rather than a weak rally.  Pulls Back To Key Zone: Fresh Buying Opportunity Emerges According to CryptoPulse in a recent update, Solana has retraced back to the top of a key zone, creating what the analyst views as a fresh buying opportunity. This pullback brought SOL under the $200 level, an area highlighted as strong value for traders positioning ahead of the next potential move upward. Related Reading: Solana (SOL) Falls Below Support, Will Bears Extend the Decline? CryptoPulse explained that this zone acts as a favorable entry point, offering a chance to average into positions before renewed momentum takes hold. By accumulating gradually at these levels, traders can mitigate risk while still being exposed to the upside potential when Solana regains strength. The update further emphasized that patience will be important, as market momentum is expected to kick back in once SOL stabilizes above this zone. With the broader trend leaning bullish, CryptoPulse suggests that buyers positioning now may be well-placed for the next leg higher in Solana’s rally. Featured image from Adobe Stock, chart from Tradingview.com

Ethereum has once again made headlines by climbing to a fresh all-time high, confirming the strength of its ongoing uptrend. However, despite the bullish price action, warning signs are flashing on the technical front as the Relative Strength Index (RSI) shows a rare divergence. With price pushing higher but momentum indicators losing steam, ETH now faces a critical test on its path toward the much-anticipated $5,000 milestone. Ethereum Breaks Record With Weekly Close Above $4,600 GrayWolf6, in a recent post on X, highlighted that ETH has achieved a significant milestone by closing the weekly candle above $4,600. This level had previously marked the highest weekly close, and as anticipated, ETH went on to set a new all-time high (ATH) last week. Related Reading: Ethereum Price Squeezed In Falling Channel – Bulls Eye Rebound To $4,788 If This Support Holds Currently, ETH is trading within the upper resistance zone of the $3,900–$4,800 range. This region is historically challenging and could invite selling pressure as traders look to secure profits.  GrayWolf6 noted that his outlook is for ETH to attempt a push beyond the $5,000 mark. Such a move would not only confirm strong bullish momentum but also open the door for further upside targets as buyers maintain control of the trend. He added that the $5,100 level is especially critical to watch in the coming days. GrayWolf6 concluded by stating that he will be monitoring developments closely throughout the week and sharing updates accordingly. Choppy Price Action Likely As Market Tests Momentum Another analyst, Cryptonite, recently shared an update highlighting the mixed signals currently appearing on Ethereum’s chart. He noted that the chart is presenting a rare and somewhat messy pattern, where price has been making higher highs while the RSI has printed lower highs, a classically bearish divergence. However, the RSI is also showing higher lows, which signals that the downside momentum may not be as strong as it initially appears to be. Related Reading: Ethereum Price Crash: $2 Billion In Losses Is Waiting For Traders At This Level This unusual setup has left ETH in a rather complex position. Cryptonite explained that as long as the RSI maintains these higher lows, the long-term outlook remains favorable for the bulls, despite the short-term volatility. This makes sense given that ETH is currently trading around its all-time high levels, a zone that naturally attracts both profit-taking and renewed buying interest, leading to unpredictable price swings. Another factor worth watching, according to Cryptonite, is trading volume. Despite ETH recording higher highs in price, volume has been declining, which could be a warning sign of weakening momentum. Until stronger participation returns, ETH’s next major move may remain uncertain, with volatility likely to dominate in the short term. Featured image from iStock, chart from Tradingview.com

SUI is showing signs of strength as it defends the $3.50–$3.60 support zone, carving out a rounded bottom formation. With bullish momentum slowly building, the altcoin eyes a potential 13% breakout toward $4.60 if the setup holds. SUI Holds Firm At $3.60: Signs Of Early Recovery Emerge According to a recent X post, analyst Gemxbt shared his perspective on SUI’s 1-hour chart, pointing to signs of a potential recovery after the market found footing at the $3.60 support level. According to Gemxbt, the price has managed to stabilize, currently consolidating around $3.64, which suggests that buyers are beginning to show interest after the recent dip.  Related Reading: SUI Set Up For Another Leg? Analyst Forecasts $10 Target For Potential Breakout Gemxbt further highlighted the moving averages, noting that the 5MA has crossed above the 10MA, a signal often associated with the early stages of bullish momentum. Adding to the technical picture, the Relative Strength Index (RSI) has settled around the neutral 50 zone, reflecting a balance between buying and selling pressure. This signals that the market has yet to tilt decisively in favor of the bulls or bears, leaving room for volatility as traders wait for direction.  Finally, he noted that the Moving Average Convergence Divergence (MACD) had recently shown a bullish crossover, another encouraging sign of upward momentum. However, he cautioned that volume remains low, which makes it premature to call this a confirmed trend reversal. For now, the setup looks constructive, but further confirmation is needed before declaring that a stronger rally is underway. Rounded Bottom Formation Strengthens At $3.50–$3.55 Zone In his recent 4-hour chart analysis posted on X, Ascend.sui drew attention to SUI’s current price structure, noting that the token is shaping a rounded bottom around the $3.50–$3.55 zone. This level has historically acted as a strong demand area, making it a critical foundation for any bullish momentum to build from. Related Reading: Crypto Bears In Control: SUI Below Key MAs, FARTCOIN Forms Lower Lows—What’s Next? He explained that if this base continues to hold, it could serve as the launchpad for a significant upside move. Based on his projections, a recovery of more than 13% is possible, bringing its price near the $4.60 mark by late August, roughly within the next six days. Ascend.sui also emphasized the strength of the bullish setup, describing it as a “stealthy formation” that could catch traders off guard. Still, he cautioned that confirmation is key.  For the pattern to fully validate, SUI would need to reclaim the $3.70 level with conviction. Once that level is cleared, the breakout thesis gains stronger credibility, opening the path toward higher price targets. Featured image from Adobe Stock, chart from Tradingview.com

Dogecoin’s bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent advances. The move suggests bulls are gaining control and could be preparing for further upside if momentum holds. Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will Momentum Hold Or Fade? According to the update, the 5-day moving average (5MA) has crossed above both the 10-day and 20-day moving averages. Such crossovers often reinforce the continuation of an uptrend, especially when supported by other confirming indicators. Volume has also been increasing alongside the price rise. Higher trading activity at elevated price levels shows that demand is growing, adding credibility to the upward move. This combination of technical strength and volume support positions Dogecoin for potentially sustained gains. However, GemXBT also noted that the Relative Strength Index (RSI) is approaching overbought levels, while the MACD is in positive divergence. These conditions suggest there is still room for more upside, but they also warrant caution for possible short-term pullbacks.  Cup & Handle Emerges: A Textbook Bullish Signal For Dogecoin Examining the daily chart, RISK highlighted that Dogecoin is forming a classic cup-and-handle pattern, one of the most reliable bullish formations in technical analysis. Following a deep, rounded recovery from the June lows, the price is once again testing the $0.27 resistance zone, a level that has repeatedly capped previous rallies.  Related Reading: Dogecoin Just Flashed A Rare Weekly Bullish Signal — This Analyst Is Buying The handle portion of the pattern is taking shape with controlled pullbacks and reduced trading volume. This behavior typically signals that sellers are gradually running out of steam while buyers quietly build positions. Such consolidation often precedes a breakout, as the market transitions from profit-taking to renewed buying pressure. If DOGE manages to break and close above the $0.27 resistance zone, the technical structure suggests that momentum could accelerate sharply. In this case, bullish targets would likely extend toward $0.31, then $0.39, and potentially $0.50 or higher as confidence grows among traders.  For now, the broader outlook remains bullish as long as the series of higher lows on the chart stays intact. With the breakout scenario still firmly in play, Dogecoin is positioned for a strong upward move should buyers push it past the $0.27 key resistance barrier. Featured image from Getty Images, chart from Tradingview.com

The XRP price action is unfolding in line with a textbook Elliott ABC Wave pattern, signaling the potential for its next upward move. According to crypto analyst Dark Defender, the chart structure remains intact and could set the stage for a major rally if the current corrective phase completes as projected.  ABC Wave Pattern To Drive XRP To New Highs In Dark Defender’s latest XRP price analysis, the crypto expert outlined a clear Elliott Wave ABC structure on a 4-hour chart, suggesting a potential price surge to new highs if the formation completes. The setup began forming in July 2025 after XRP reached $3.66, marking the starting point for the corrective pattern on the “Dark’s Side” chart. From there, the price began retracing toward the anticipated $2.85 level, successfully establishing Wave A in line with the forecast.  Related Reading: Analyst Outlines How Production Cost Determines XRP Price, But Is It Better Than Bitcoin? By early August, XRP rebounded, climbing to $3.33 to form the B Wave top. As a result, Dark Defender’s chart structure remains intact, with the cryptocurrency now positioned in the Wave C phase. The analyst’s projection anticipates a price decline completing this corrective leg before XRP can initiate the next significant upward move.  Dark Defender’s chart also highlights critical price interaction points, including exact hits at $3.333 and $3.364 before a rebound. In addition, XRP’s Relative Strength Index (RSI) movements align closely with the wave progression, showing dips at key reversal points and its current momentum staying within the expected zone.  According to this wave framework, the next phase hinges on whether XRP can maintain its structure through the end of the corrective cycle. If it does, Dark Defender suggests that the technical setup could open the path for significant upward momentum, potentially positioning the cryptocurrency for its next bullish leg. The trajectory of the green arrow in the chart indicates a possible price rally above $3.8. With XRP trading at $3.14 as of writing, this would represent a significant price increase of over 21%.  XRP Price Eyes $5.8 Breakout After Bounce In a follow-up post, Dark Defender noted that XRP bounced precisely from the $3.333 level before resuming its upward movement. This bounce occurred after the Elliott Wave corrective structure pushed prices down from recent highs.  Related Reading: XRP $5 Target Remains Intact Despite Price Retrace, Here’s Where It’s Headed Next At the time of the analysis, XRP was trading near $3.06, positioned within a consolidation range that could extend toward the $3.05 area if $3.33 remains a barrier. As mentioned earlier, XRP’s price chart shows an ABC corrective wave in play, with the cryptocurrency now in the middle of the ‘B’ leg’s development.  If the $3.33 resistance is decisively cleared, the analyst projects a rapid acceleration toward higher short-term targets at $4.39 and $5.85. At current market prices, this would represent a significant surge of roughly 39.8% and 86.3%, respectively. Dark Defender also notes that support remains firm at $3.05 and $3.00, marking key levels where buyers are expected to step in should prices retrace. Featured image from Getty Images, chart from Tradingview.com

Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update posted on X, emphasized that Solana is currently cruising inside a strong ascending channel on the daily chart. This steady bullish structure reflects consistent buying interest and price strength over time. At present, SOL is pushing toward the mid-range of this channel, indicating fresh upside momentum and a possible continuation of its upward trajectory. Related Reading: Institutional Solana Buying Ramps Up: The Nearly $600 Million Buy Shaking Up SOL If the bulls manage to maintain this pressure, the next logical target would be the upper boundary of the channel, which lies near the $220 mark. Reaching this level, which is serving as a crucial resistance zone, would signify a significant milestone, reinforcing the resilience of the current bullish trend and potentially attracting more buying activity.  On the other hand, a slip below the channel’s mid-line could trigger a pullback toward the $160 demand zone, a key level that has historically provided strong support. This area is critical for buyers to defend in order to prevent a deeper decline and maintain the overall bullish structure. Monitoring this level will be essential for gauging whether the upward momentum can sustain or if a more significant correction is underway. Solana Short-Term Trend Shows Signs Of Bearish Behavior Despite the bullish structure reflected on the daily chart, Gemxbt, in a separate update, pointed out that Solana exhibited a bearish setup on the 1-hour timeframe at the time of the post. Short-term market sentiment has shifted, with price action trading below the 5, 10, and 20-period moving averages — a clear indication of near-term selling pressure. Related Reading: Solana (SOL) Smashes $200, Bulls Now Target $220–$250 Zone Adding to this bearish tone, the MACD indicator has crossed below its signal line, indicating the potential for renewed downside momentum. This technical signal often reflects an acceleration of selling interest, particularly when it aligns with other bearish patterns on lower timeframes. Meanwhile, the Relative Strength Index (RSI) is trending toward oversold territory, which suggests that buying pressure is weakening and sellers remain firmly in control. However, an oversold reading can also hint at a potential short-term bounce if buyers step in to defend key price levels. In terms of critical levels to watch, support is currently situated around $175, where buyers may attempt to halt a decline. On the upside, immediate resistance is seen near $180. A break above this level is likely to trigger continued upside pressure. Featured image from Adobe Stock, chart from Tradingview.com

Cardano (ADA) is showing renewed strength on lower timeframes, with a short-term surge lifting the price above key moving averages. However, this momentum now faces a critical test as mid-term resistance levels come into play. Will the bulls maintain control, or is a reversal on the horizon? ADA Pushes Above Key EMAs: Bulls Seize Short-Term Momentum Analyst Cexscan on X pointed out that Cardano (ADA) is exhibiting a bullish trend on the 30-minute chart. The asset’s price has surged above the 20, 50, and 100-period Exponential Moving Averages (EMAs), indicating rising buying interest and momentum among short-term traders. Related Reading: Cardano (ADA) Targets $0.80 As Price Retests Key Level – Is An 85% Jump Ahead? Adding further strength to the outlook is the Relative Strength Index (RSI), which currently sits in overbought territory. While this typically signals a possible pause or minor retracement, Cexscan believes that the strong bullish pressure evident in price action could override such a correction in the short run, as long as volume remains healthy. Overall, the combination of bullish EMAs, elevated RSI, and sustained momentum paints an optimistic picture for ADA. Cexscan emphasized that if the current trajectory holds, Cardano could continue its upward path, with intraday opportunities unfolding along the way.  Cardano Caught In A Tight Range: Will The Breakout Come Soon? Thomas Anderson, analyzing Cardano’s 4-hour chart in a recent update, pointed out that the price was moving sideways around the $0.3374 zone. This consolidation is occurring between a defined resistance at $0.7612 and support at $0.6874, both marked with yellow horizontal lines. The market appears to be taking a breather, potentially gearing up for a more decisive move. Related Reading: A Breakout To Remember: Cardano Price Mirrors Market Conditions That Led To $3.10 ATH Adding to the picture is the 200-period Moving Average, highlighted in red, which sits just above the current price and acts as a dynamic resistance level. This moving average has repeatedly blocked bullish attempts, making it a crucial hurdle to watch. A clean break above it could be a major trigger for renewed buying interest. On the broader daily timeframe, Anderson observed that Cardano remains trapped within a larger consolidation pattern. The RSI indicator is hovering around 51, reflecting a neutral stance, while the MACD indicator is also showing little directional bias. This reinforces the view that the market is waiting for a breakout catalyst before choosing its next path. Anderson concluded by focusing on the ascending trendline resistance as a key technical level. A strong push above that line could pave the way for intraday gains, especially for scalpers. However, if ADA gets rejected at that level, it may head back toward the lower end of the range, offering potential shorting opportunities for traders watching closely. Featured image from Pixabay, chart from Tradingview.com