XRP price is attempting a recovery wave above the $2.850 zone. The price now faces a couple of key hurdles near $2.920 and $2.950. XRP price is slowly moving higher above the $2.850 support zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.920. XRP Price Faces Resistance XRP price started a recovery wave after it found support above $2.720 and $2.770, like Bitcoin and Ethereum. The price was able to surpass the $2.80 and $2.850 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The bulls even pushed the price toward $2.920 before they faced resistance. Besides, there is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.925 level or the 76.4% Fib retracement level of the downward wave from the $2.995 swing high to the $2.70 low. The first major resistance is near the $2.950 level. A clear move above the $2.950 resistance might send the price toward the $3.00 resistance. Any more gains might send the price toward the $3.050 resistance. The next major hurdle for the bulls might be near $3.120. Another Decline? If XRP fails to clear the $2.920 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.850 level. The next major support is near the $2.8320 level and the trend line. If there is a downside break and a close below the $2.8320 level, the price might continue to decline toward $2.770. The next major support sits near the $2.720 zone, below which the price could continue lower toward $2.650. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.8320 and $2.770. Major Resistance Levels – $2.920 and $2.950.
The Bitcoin price opened Monday with a slight recovery, reclaiming the $113,000 mark after a dip that brought the price down to $109,000—a level that has proven to be significant support for the top cryptocurrency. Despite this temporary bounce, one expert warns of further challenges ahead for bullish investors. Warns Of Further Bitcoin Price Drops In a recent post on social media platform X (formerly Twitter), Doctor Profit expressed confidence in his market analysis, indicating that BTC is on track to reach his projected target range between $90,000 to $94,000, meaning an additional 20% drop for the Bitcoin price. He posited that the cryptocurrency is poised to move toward a new short-term downside target at approximately $106,000. According to his assessment, a minor bounce in this area could attract additional liquidity before the market potentially moves lower. Related Reading: Everyone’s Wrong About XRP: Here’s Why, Says Top Analyst Doctor Profit also paints a bleak picture of the broader economic landscape, highlighting troubling signs such as Japan’s 10-Year Bond Yield reaching its highest level since the Global Financial Crisis. He notes that the repo-to-reserves ratio is approaching 99%, a metric that hints at funding stress and margin strain, leading to forced selling. While he acknowledges that a surge in liquidity from central banks could provide a bullish pivot, he remains skeptical given the current market conditions. The analyst also referenced a range of indicators and charts he has shared since August, emphasizing that many key market charts, including the Dow Jones, are at significant resistance levels, some of which have formed over a century. He pointed out the record levels of alleged insider selling witnessed in recent weeks, alongside a surge in retail investor inflows, suggesting a disconnect between retail enthusiasm and the actions of larger players in the market. October Could Signal Recovery In contrast to Doctor Profit’s cautious stance, market expert Timothy Peterson offers a more optimistic outlook for the Bitcoin price trajectory in the months to come. Peterson believes that October could bring a positive shift for Bitcoin, drawing on historical trends and current market dynamics. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? As recently reported by NewsBTC, Peterson has outlined two potential bullish scenarios that he believes remain for the cryptocurrency: one forecasting a rise to as high as $240,000, while another more conservative estimate suggests a surge to $160,000. As the month of September draws to a close, Doctor Profit’s prediction that Bitcoin would trade below $100,000 could still play out. With only a 9% decline needed to breach the $100,000 threshold, the outlook remains uncertain. Featured image from DALL-E, chart from TradingView.com
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XRP is attempting to break above the $3 mark after a strong week of accumulation by large holders. Data tracked by analyst Ali Martinez shows that whales scooped up 120 million XRP in the last 72 hours, showing confidence in the asset despite technical warning signs. 120 million $XRP bought by whales in the last …
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Ethereum price started a recovery wave above $4,150. ETH is now consolidating and might aim for more gains if it clears the $4,220 resistance. Ethereum remained stable above $4,020 and started a recovery wave. The price is trading above $4,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,220 and $4,250. Ethereum Price Eyes More Gains Ethereum price remained supported above the $4,020 level and started a recovery wave, like Bitcoin. ETH price was able to recover above the $4,050 and $4,120 resistance levels. There was a clear move above the 61.8% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. The bulls even pushed the price above $4,200. Besides, there is a connecting bullish trend line forming with support at $4,100 on the hourly chart of ETH/USD. Ethereum price is now trading above $4,150 and the 100-hourly Simple Moving Average. It is also above the 76.4% Fib retracement level of the downward wave from the $4,275 swing high to the $3,826 low. On the upside, the price could face resistance near the $4,220 level. The next key resistance is near the $4,250 level. The first major resistance is near the $4,275 level. A clear move above the $4,275 resistance might send the price toward the $4,320 resistance. An upside break above the $4,320 region might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,450 resistance zone or even $4,500 in the near term. Pullback In ETH? If Ethereum fails to clear the $4,250 resistance, it could start a fresh decline. Initial support on the downside is near the $4,150 level. The first major support sits near the $4,100 zone and the trend line. A clear move below the $4,100 support might push the price toward the $4,050 support. Any more losses might send the price toward the $4,000 region in the near term. The next key support sits at $3,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $4,100 Major Resistance Level – $4,250
A cryptocurrency analyst has explained how XRP could see a bounce to $3 or even $3.15 based on this technical support level holding. XRP Has Found Support At The Lower Level Of A Parallel Channel In a new post on X, analyst Ali Martinez has talked about where XRP could be heading next based on a technical analysis (TA) pattern forming in its 4-hour price chart. The pattern in question is a Parallel Channel, which forms whenever an asset observes consolidation between two parallel trendlines. The upper level of the pattern provides resistance, while the lower one supports. Related Reading: Crypto Suffers Nearly $1 Billion In Liquidations As Bitcoin Extends Decline A breakout of either of these trendlines can imply a continuation of the trend in that direction. That is, a surge above the channel can be a bullish signal, while a drop under it is a bearish one. There are a few different types of Parallel Channels, but the one that XRP has been traveling inside recently is the simplest variant: a Parallel Channel that’s parallel to the time-axis. Below is the chart shared by Martinez that shows how XRP’s 4-hour price has been moving relative to the pattern during the last couple of months. From the graph, it’s visible that XRP fell slightly below the support level of the Parallel Channel during last week’s price dip. The asset has since recovered back above the line, however, indicating that support may not have been lost just yet. This is a pattern that the cryptocurrency has shown with this Parallel Channel a few times already. Each time, successfully reclaiming the level was followed by a surge in the asset’s price. XRP has been on the way up since re-entering the channel, so it’s possible that the same script could be in play once more. As for where the coin may be heading next, the analyst has suggested that the bounce could lead to $3, around one-fourth of the way into the channel, or even $3.15, situated at about the halfway point. It now remains to be seen whether the renewed bullish momentum will continue for the cryptocurrency and a rally to one of these targets will happen, or if another setback will take place. Related Reading: Chainlink (LINK) Triangle Setup Points To $100, Says Analyst XRP isn’t the only altcoin that has found support at the lower boundary of a Parallel Channel recently. As Martinez has pointed out in another X post, Stellar (XLM) may also be traveling up the channel following a bounce off the support line. As displayed in the above chart, the eventual target for Stellar may be $0.41, corresponding to the resistance line of the Parallel Channel. XRP Price At the time of writing, XRP is trading around $0.285, up 2.5% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
Bitcoin price started a recovery wave and traded above $114,000. BTC is trading above $114,000 and facing hurdles near $115,000. Bitcoin started a fresh recovery wave above the $113,500 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $112,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $115,000 zone. Bitcoin Price Gains Traction Bitcoin price managed to stay above the $110,500 zone and started a recovery wave. BTC settled above the $112,500 resistance zone to start the current move. The bulls were able to pump the price above the $113,500 and $114,000 levels. Besides, there was a break above a key bearish trend line with resistance at $112,200 on the hourly chart of the BTC/USD pair. The bulls even cleared the $114,000 level. A high was formed at $114,771 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $108,677 swing low to the $114,771 high. Bitcoin is now trading above $114,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $114,750 level. The first key resistance is near the $115,000 level. The next resistance could be $115,500. A close above the $115,500 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,00. Another Drop In BTC? If Bitcoin fails to rise above the $115,000 resistance zone, it could start a fresh decline. Immediate support is near the $113,500 level. The first major support is near the $112,500 level. The next support is now near the $111,750 zone. Any more losses might send the price toward the $111,200 support in the near term. The main support sits at $110,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $113,500, followed by $112,500. Major Resistance Levels – $114,750 and $115,000.
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BitMine chairman Tom Lee thinks Ether is trading at a discount because future adoption of the blockchain by Wall Street and AI companies will drive it higher.
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Bitcoin traded listlessly as September wraps up, caught inside a tight price band and showing signs of weakening momentum. Related Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction Based on reports using CryptoQuant data and commentary by Axel Adler, demand cooled after the market failed to hold above $115,000, leaving traders watching a narrow corridor for the next move. The mood is neither euphoric nor panicked — it is cautious. Mounting Pressure At Descending Highs Over the past week Bitcoin swung between a local high near $115,550 and a low around $108,400. For the last sessions it settled into an even tighter $108,750–109,740 band. Sellers stepped in at lower highs, keeping the price from climbing back to the prior range. According to Adler, those descending highs are a warning sign because they show buyers are losing early ground. Immediate resistance sits around $111,000–112,000, based on on-chain flows and exchange behavior. Move past that and bulls could try to retake $114,000–115,400. Fail to defend $108,750 and the path down may quicken toward $106,000–105,000. Momentum Has Turned Cautious CryptoQuant’s 30-day momentum index finished the week near -2%, down from +1% at the start, a swing of three percentage points. Momentum readings this period ranged from -6% to +1%, and only two of seven sessions closed above zero. Those figures underline how the loss of the $114,000–115,000 support coincided with falling buying pressure. Traders often look for sustained positive momentum to confirm a rally. According to Adler, a clear recovery would need a return above $112K and several days of positive momentum to shift the tone back toward an uptrend. Market Structure And What It Means The current pattern is a classic consolidation after a failed breakout. Buyers tried and failed to keep prices north of $115,000, and that shortfall left the market in a neutral-to-bearish stance. Reports have disclosed that the week’s range and the momentum slide make an immediate strong advance unlikely without fresh demand. At the same time, there is no sign of a full-scale sell-off. Liquidity remains present near established supports. Related Reading: Eric Trump Steps Into Market Talk, Says ‘Buy The Dips’ Key Levels To Watch A decisive push above the $111,000–112,000 resistance band could prompt a test of $114,000–115,400. The $108,600 base remains a key level. A break below it without a swift rebound could open the way toward stronger support between $106,000 and $105,000. Shifts in on-chain demand and exchange flows are expected to provide clearer signals, as price action alone may appear steady while underlying activity changes. Featured image from Gemini, chart from TradingView
The SEC backed off from DePIN tokens in a rare no-action letter, as the agency’s top brass says it’s not meant to “regulate all economic activity.”
Institutional confidence in Solana (SOL) remains strong, making it one of the stable altcoins in the market. Treasury wallets now hold over 20.9 million SOL, roughly 3.64% of the total supply, indicating that large investors are increasingly viewing SOL alongside Bitcoin and Ethereum as part of diversified crypto portfolios. Related Reading: XRP Supply Shock Incoming As Axelar And Flare Target 8 Billion Tokens Companies like Forward Industries and Brera Holdings have disclosed their asset exposure, while ARK has added Solana-related equities and continues to emphasize the network’s expansion. Meanwhile, speculation about a potential Solana staking ETF has gained momentum; if approved, it could reduce circulating supply and provide yield access, potentially attracting significant new capital into SOL. Mid-cycle analyst targets of $300–$500 reflect this institutional interest along with rising on-chain activity. SOL's price trends to the upside but with some losses on the daily chart. Source: SOLUSD chart on Tradingview Firedancer + Alpenglow: Leap in Performance vs. Decentralization Risk Solana’s technology roadmap provides another boost. Jump Crypto’s Firedancer client proposes SIMD-0370 to remove the fixed compute block limit, allowing higher-performance validators to process more complex blocks and increasing overall throughput. At the same time, the Alpenglow upgrade (testnet scheduled for December) aims to drastically reduce transaction finality, from approximately 12.8 seconds to 150 milliseconds, making Solana the fastest major chain. These changes could strengthen Solana’s leadership in high-volume DeFi and payments. However, critics warn that increasing centralization may occur if smaller validators cannot afford the necessary hardware upgrades. The primary challenge is striking a balance between raw speed and validator diversity, which is crucial for evaluating the network’s long-term resilience. Price Levels: Can Solana (SOL) Bulls Defend $207? Currently, SOL hovers near $208–$210, up modestly on the day as momentum rebuilds. The market now focuses on $207 as the first support level; a sustained hold preserves the uptrend and keeps a retest of $230–$253 possible, with $257 (the 52-week high) remaining above. Losing $207 opens the door to $190–$185 as the next demand zone, and a deeper shakeout could test $165–$167. Short-term sentiment is supported by improving tape dynamics, higher spot volumes, and active addresses, although macro factors remain a swing factor. For traders, the constructive setup is to hold $207, reclaim $223–$230, and then challenge $253–$257. For investors, the thesis relies on three pillars: increasing treasury ownership and potential ETF catalysts, throughput leadership from Firedancer and Alpenglow, and expanding real-world utility across DeFi and commerce. Related Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market If Solana maintains support while upgrades happen as scheduled, the path toward new highs strengthens; if not, expect a choppy Q4 with value emerging around the $185 area. Cover image from ChatGPT, SOLUSD chart from Tradingview
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The Federal Reserve, US market regulators, and global financial institutions are simultaneously recalibrating their policies, creating a convergence that is reshaping the landscape for both traditional and crypto markets. For investors, the final quarter of 2025 presents an environment characterized by shifts in interest rates, regulatory harmonization, ETF approvals, and the introduction of new stablecoin […]
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SOL’s faces a fresh wave of challenges from competing blockchains, and the path to $250 depends on a potential spot ETF approval and institutional inflows.
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Michael Saylor, the executive chairman of MicroStrategy, which recently rebranded to Strategy, has once again drawn attention to the company’s aggressive Bitcoin acquisition strategy by reviving and actively utilizing the public BTC Tracker. What Is The Bitcoin Tracker And Why Does It Matter Michael Saylor has once again released the Strategy Bitcoin tracker, a chart that the market has come to watch closely. According to the X post, the latest buy brings Strategy’s total Bitcoin treasury holdings to 639,835 BTC, which is approximately $70.01 billion. Related Reading: Michael Saylor Says Bitcoin Is Not Just An Asset; What Is It Then? CryptosRus has stated that the familiar orange dots continue their steady climb upward and to the right, a simple yet powerful indicator hinting that additional BTC buys may be on deck. Every time this chart comes out, the market leans in. Saylor’s conviction has transcended simple corporate policy to become a genuine market signal. An analyst known as BitBull has confirmed a crucial turning point for the Bitcoin market, highlighting that BTC Open Interest has fallen to its lowest level in a month, effectively wiping out all the leverage that had built up during September. BitBull views this deleveraging event as a positive and healthy development for the market. By purging excessive leverage, the market is now considered to be in a healthier state, which could set the stage for a reversal upward in BTC price. Why The Current Bitcoin Run Is Only The Beginning Market analyst Zynx has offered insights into the BTC market and future price targets, pointing out that the bull market is still in its early stages and has significant room to run. He stated that BTC needs to cross $151,000 just to equal its all-time high in Gold, which suggests a specific metric where BTC’s price, relative to the price of an ounce of gold, would match its previous peak ratio. Related Reading: Bitcoin Daily RSI At Most Oversold Level Since April — Time To Buy? Historically, every cycle since the inception, BTC has more than doubled its price in Gold at a minimum, usually much more than that. However, the $300,000 target is looking increasingly realistic. While it is impossible to give a time frame, if history repeats, crossing the $151,000 all-time high within the next six months is expected. Furthermore, what makes this cycle fascinating is the macro overlay. Some analysts, such as EneaDenkt and others, are using the US Business Cycle Institute for Supply Management (ISM) as a key indicator for predicting the timing when BTC will peak. Zynx concluded by acknowledging that this is definitely a very interesting time for the BTC rally, and this cycle will definitely be like no other. Featured image from Pixabay, chart from Tradingview.com
Coinbase's Sui futures launch may boost institutional crypto adoption, integrating blockchain assets into traditional financial markets.
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Adrienne Harris, head of New York’s top financial regulator, announced her resignation Monday after four years in the post, closing her tenure by calling for deeper cross-border alignment on crypto rules. In a final interview with the Financial Times, Harris said she supported a potential passporting arrangement between the UK and the UK that would […]
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SOL traders saw the drop to $190 as the perfect buy opportunity and with the SEC set to decide on Solana ETFs by October 10, the altcoin could be en-route to new highs.
Ripple’s XRP might be trending towards a short squeeze as new analysis suggested its available trading supply could shrink to levels comparable to Bitcoin’s 21 million cap. XRP commentator Chad Steingraber, in a post on social media platform X, argued that the amount of the altcoin actually available for retail trading is going to be a fraction of its total supply. His comments came in response to discussions about the role of institutional and network-led lockups, with projects such as Axelar and Flare Networks working to secure billions of XRP tokens. XRP Might Be Gearing Up For Short Squeeze The discussion began after a popular crypto commentator posted about Axelar’s plan to lock up $10 billion worth of XRP, a move that would remove around 5% of the token available to retail traders. Similarly, Flare Networks has set a goal of locking up 5 billion XRP. These two initiatives alone would place significant pressure on the pool of XRP available for active trading. Related Reading: Demand For XRP On CME Explodes As Reports Show Over $18 Billion Steingraber noted that XRP’s active trading supply is what ultimately influences market pricing, not the total supply figure often cited. As such, he suggested that such accumulation by these companies, combined with other supply constraints, could reduce the number of the token available for public trading. Particularly, Steingraber predicted that this number could fall drastically to as low as 21 million XRP, an amount symbolically identical to Bitcoin’s hard cap. The possibility of only 21 million XRP being available for trading from its current circulating supply of 59 billion tokens is very ambitious. However, the scenario of this drastic fall becomes possible if Spot XRP ETFs are approved in the United States. Institutional ETFs would demand a steady supply of XRP for custody, and this would create large-scale accumulation that could permanently restrict availability on exchanges. In such a case, supply shocks could become very common. Aside from new institutional lockups, there are other clear signs that XRP’s active trading pool is thinning. A notable example is crypto exchange Coinbase, where XRP reserves have dropped sharply in recent months. Adding to that, Ripple itself still controls a large portion of the total supply, with billions of the token locked in escrow. Although these tokens are technically part of circulation, they are unavailable for retail use and are released only under strict schedules. Price Impact Of A 21 Million Effective Supply The idea that XRP’s active trading supply could fall to just 21 million tokens shows how scarcity could alter its valuation. Based on today’s circulating supply of about 59 billion XRP and a market price of $2.89, XRP has a market capitalization of about $172.8 billion. If that same market capitalization were concentrated into only 21 million tokens, the implied price per coin would be about $8,120. Related Reading: XRP Price Final Low: Here’s The Target To Watch For Next Recovery The most important thing now, however, is for the altcoin bulls to prevent any further declines below $2.8. Featured image from Adobe Stock, chart from Tradingview.com
The anticipated approval of a Solana ETF could accelerate mainstream adoption and integration of digital assets in traditional finance.
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US Federal Reserve Governor Christopher Waller used the Sibos 2025 stage to highlight the Fed’s growing interest in new technologies shaping the financial system. He disclosed that the central bank is conducting hands-on research into tokenization, smart contracts, and artificial intelligence in the payments sector. According to Waller, this work is designed to understand how […]
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Bitcoin (BTC) price experienced a relief rebound on Monday after heavy liquidation of long traders last week. The flagship coin rebounded around 2% during the past 24 hours to trade at about $114,210 during the mid-North American session on September 29. The altcoin market, led by Ethereum (ETH) and Binance Coin (BNB), rallied in tandem. …