XRP spent the past forty-eight hours coiling into a textbook inflection zone, and the 15-minute chart published by independent analyst Casi makes it hard to miss where the battle lines now stand. Price is hovering at $2.18, clinging to a steeply rising trendline that has underpinned every impulsive thrust since the local swing low near the 0.618 retracement at $1.9824 on 23 June. That trendline intersects a horizontal shelf of former resistance-turned-support at the 1.618 extension measured from the same base move, labelled on the chart at $2.186. The confluence forms the geometric “apex of consolidation” Casi has been highlighting on X. XRP Price At Breaking Point “This trendline is everything right now,” Casi wrote. “We just got a clean reaction off it. This correction already reached the .382 retracement at $2.145, which also happens to be the apex of consolidation… that’s the most critical level on the chart, short-term.” The most recent corrective pullback already tagged the 0.382 Fibonacci retracement of the advance, exactly at $2.145, before bulls forced a reaction. As long as candles continue to close above that retracement—effectively the floor of the micro-range—Casi argues that the underlying market structure remains constructive. A decisive break beneath $2.145, by contrast, would represent both a loss of the diagonal trendline and a surrender of the consolidation base, signalling short-term weakness and, in his words, “opening the door to a deeper flush.” Related Reading: XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst Overhead, XRP must still reckon with layered resistance. The first ceiling sits at $2.20, but the level called out as “the next big test” is the thicker pink band at $2.25. That mark capped price repeatedly during yesterday’s U.S. session and coincides with a prior 1.272 extension of the late-May corrective leg. “If we can flip that level, we’ll likely open the path toward the $2.69 retrace test,” Casi noted, “and from there, the breakout potential increases dramatically!” If price can reclaim $2.25 on expanding volume and then retest it as support, the chart leaves an unobstructed lane toward the 2.618 extension at $2.296—effectively $2.30—and, by projection, the $2.69 Fibonacci target that would complete the measured-move roadmap Casi is tracking. Related Reading: XRP To $30 Beyond 2026? Analyst Reveals Key BTC Ratio To Watch Momentum, however, is not yet offering a clean green light. The lower pane shows a 14-period RSI capped by its own descending trendline that has compressed every rally since 24 June. With the oscillator printing 46.24 (signal) versus 43.59 (base line) at the time of the screenshot, the gauge is climbing but still mid-range. A marginal higher high in price paired with a lower high in RSI would etch a textbook bearish divergence—an outcome Casi told one follower he is “expecting to set up” if XRP pierces $2.25 before consolidating anew. “I think this next high will form a bearish div,” he added. “The RSI is telling me it’s about to set that up.” In short, the token is balanced on a knife-edge: the bull case hinges on the integrity of the $2.145–$2.186 support complex and a breakout through $2.25, while the bear case rests on trendline failure and an RSI divergence confirming upside exhaustion. With liquidity thinning into the weekend, the resolution of this narrow consolidation could shape the next wave—whether that proves to be the ignition of a larger third impulse or the start of a deeper corrective detour. As Casi put it, “This is the kind of price action you want to see if XRP is serious about continuing this new trend to the upside.” At press time, XRP traded at $2.19. Featured image created with DALL.E, chart from TradingView.com
Metaplanet has overtaken Tesla in corporate Bitcoin holdings, buying 1,234 BTC and bringing its total to 12,345 BTC as it eyes major expansion.
In a move aimed at keeping its marketplace clean and compliant, Binance has announced that five altcoins—Stella (ALPHA), Biswap (BSW), Komodo (KMD), LeverFi (LEVER), and LTO Network (LTO)- will be delisted from the platform on July 4, 2025. This decision follows a routine evaluation by Binance, which checks projects for development activity, transparency, trading volume, …
Pepe dipped nearly 5% after failed recovery attempts, as Bitcoin dominance rose above 65%, signaling broader market rotation away from altcoins.
A New York judge has denied a request from Ripple and the SEC to lift an injunction, which could have ultimately significantly cut fines.
Pi (PI), currently trading around $0.58, is navigating a volatile stretch, down nearly 8% intraday after a 12% surge earlier this week. The technical chart shows resistance around $0.66, while on-chain fundamentals remain mixed. With the July token unlock looming and the highly anticipated Pi2Day event approaching on June 28, traders are weighing short-term volatility …
Bitcoin's price chart shows a bull flag, a bullish continuation pattern.
World Liberty Financial, the Trump-backed crypto venture, is preparing to publish its first stablecoin audit and may enable WLFI token transfers.
Sei jumped amid Wyoming’s stablecoin pilot and v2 airdrop buzz, with some market watchers expecting the rally to continue in the coming months.
XRP’s move to integrate USDC has sparked debate once again. While it may sound like a step forward, experts are calling it a desperate move to cover up for the failed launch of Ripple’s native RLUSD, one that puts XRP years behind a quiet but powerful leader: Stellar. Meanwhile, the real action is already happening …
Ripple is pushing the XRP Ledger into a new phase, designed for big players in finance! The company has officially launched a Permissioned Decentralized Exchange (DEX) on the XRPL, giving regulated institutions a way to access DeFi without sacrificing compliance. It’s a major shift aimed at solving one of the biggest hurdles in crypto adoption: …
Hong Kong is making it clear it wants to lead the next wave of digital finance. On June 26, the city’s government released its much-anticipated Policy Statement 2.0 on the development of digital assets, an update to its original 2022 plan. This new strategy reaffirms Hong Kong’s commitment to becoming a global crypto and tokenisation …
The return to parity may be a signal the 15th-largest bitcoin treasury company will soon add to its BTC stash.
Japan-based Metaplanet has overtaken Tesla among corporate Bitcoin holders following its largest single purchase to date. On June 26, the firm confirmed that it acquired 1,234 BTC for approximately $132.7 million, paying an average of $107,557 per coin. This brings Metaplanet’s total Bitcoin holdings to 12,345 BTC, now worth about $1.33 billion based on current […]
The post New Metaplanet buy flips Tesla in Bitcoin holdings as shares slide 5% appeared first on CryptoSlate.
Zero-knowledge proofs are a game-changing innovation with profound implications for how users transact business, but can they replace the conventional contract?
After years of unregulated crypto use, Japan became the first economy to formally recognize Bitcoin as a legal payment method through the Payment Services Act (PSA) 2017. As of 2025, Japan has developed one of the most comprehensive and proactive regulatory frameworks for cryptocurrency. Currently, Japan is actively working on classifying crypto assets as financial …
A panel of three experienced finance figures, led by Rob Whitfield, will conduct the inquiry and recommend fixes for any weaknesses found.
Bitcoin Cash has emerged as one of the top-performing cryptos today, rallying over 4.38% to $500.36. This price surge comes amid a strong bullish wave, which has pushed BCH’s market cap to $9.93 billion and daily trading volume up by 22.01% to $635.68 million. With technical indicators aligning and on-chain activity shifting, the trend appears …
After suffering a major price crash back during the weekend, the Ethereum price has enjoyed an over 10% bounce that has put it back above major support levels. However, even with the recovery, the altcoin sits on shaky ground with geopolitical and macroeconomic factors still unstable. On the charts, there is also uncertainty as the second-largest cryptocurrency by market cap has failed to make any definitive moves from here, showing inconsistencies in movement. Ethereum Price Struggling At EMA Crypto analyst Swallow Academy noted that the Ethereum price has returned to trading at its Exponential Moving Average (EMA) earlier in the week after bouncing from its weekend lows. This has been referred to as the level of interest and sits around the $2,400 level, which has served as major support in the past. Related Reading: Analyst Says XRP Is Moving According To Plan, Here’s Why $1.90 Is Important The harsh drop from the weekend that pushed ETH from $2,500 to $2,150 has no doubt dented sentiment and sparked caution among investors. But the retest of the EMA at $2,400 suggests that buyers are still exerting their force and have been pushing up the price. Given these recent developments, the crypto analyst explains that it is currently a waiting game for the Ethereum price. From here, it could go either way, as confirmation is needed for which direction it is headed next. A breakout from here could move it back above the $2,800 resistance. However, a crash could be confirmation of rejection, sending Ethereum spiraling back toward lows at $2,000. Mapping Out Next Steps As the Ethereum price continues to show signs of continuation, crypto analysts have begun to map out where the altcoin might be headed next. Mister Spread pointed to the fact that Ethereum had actually shown a bullish Power of 3 (PO3), consisting of accumulation, deviation, and expansion. Related Reading: Ethereum Price Crash To $2,100 Triggers Fear, But Why Are Analysts Predicting A Rally To $6,000? The accumulation phase has been completed, and is now in the phase of deviation, explaining the price crash. Now, the price seems to already be breaking out of the deviation box, suggesting that the expansion phase will be coming sooner than expected. Once the expansion phase is in motion, the crypto analyst expects the Ethereum price to move back into the supply area of $2,800-$3,000. However, if the price fails to climb and falls back below $2,100, then this bullish thesis would be invalidated. Featured image from Dall.E, chart from TradingView.com
Kraken will now be able to offer crypto services across the 30 countries in the European Economic Area
A viral theory circulating online claims that Jack Dorsey — the former CEO of Twitter and founder of Block (formerly Square) — might be the creator of Bitcoin, Satoshi Nakamoto.The theory, brought back into the spotlight by crypto trader James Wynn, is full of odd coincidences and symbols that make some people believe Jack Dorsey …
As cryptocurrencies continue to gain mainstream acceptance, many investors wonder how useful their crypto is in daily life. In a big development, the U.S. Federal Housing Finance Agency took a bold step by allowing cryptocurrencies to be counted as assets in mortgage applications. Crypto Now Counts for Home Loans! This new rule means crypto holdings …
Galaxy Asset Management closed a $175 million raise for Galaxy Ventures Fund I on Thursday, exceeding its initial $150 million target.
Some users were questioning whether the Nano S would still work after support ends, and whether there was a security risk involved if they decided to keep using it.
MicroStrategy is just one step away from joining the prestigious S&P 500 index. The final requirement? Profitability. Thanks to a recent accounting rule change, Bitcoin could be the catalyst that gets them there. With 592,345 BTC on its balance sheet, valued at over $63.7 billion, MicroStrategy is on track to post one of its most …
The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.
The crypto market is showing signs of life again and a breakout might just be around the corner. While Bitcoin continues to lead the way, altcoins are setting up for some interesting moves too. Bitcoin at Key Resistance: Breakout or Pullback? As of now, Bitcoin is testing an important resistance zone between $109,000 and $111,000. …
Despite recovering from the weekend retrace, Solana (SOL) is trading between two levels that could make or break the altcoin’s rally. Nonetheless, some analysts suggest that the cryptocurrency could be gearing up for a massive breakout beyond the local highs. Related Reading: Injective Prepares For Bullish Reversal Amid 25% Recovery – Analyst Forecasts Massive Breakout Solana Sits At Decisive Level On Wednesday, Solana fell to the $143 mark after failing to reclaim a crucial area lost over a week ago. Following the May breakout, the cryptocurrency hovered between the $148-$184 price range, hitting a four-month high of $187 at the end of last month. However, the June market pullback saw SOL lose its range and move toward the $144-$148 levels. This area was briefly lost during the weekend retrace, with Solana falling to the $125 support level before recovering. Over the past three days, the altcoin has surged nearly 15%, touching the $148 barrier on Wednesday morning, which has been one of the key levels since May. After recovering from the recent drop, SOL has attempted to reclaim this level, but was rejected once again. Analyst Sjuul from AltCryptoGems highlighted that Solana “just completed a very nice V-shaped recovery from the low,” but noted that the cryptocurrency is at a “very delicate level” as it trades within the $144-$148 zone. He suggested that investors should pay attention to this area, as a reclaim of the $148 resistance could propel the price to a “quick move to the upside.” On the contrary, rejection from this level and losing the $144 range low could signal that the recent price action was a bearish retest. Analyst Man of Bitcoin affirmed that a “sustained break above the resistance zone would be the first signal that the chart has formed a low. He detailed that a confirmed break above the $148 resistance would support the case for a reversal. Nonetheless, he warned that a potential scenario “with one more low in wave-5.” SOL Ready For A Rally Continuation? As price hovers between the $143-$144 levels, market watcher Altcoin Hunter considers that SOL is “dancing with the devil.” He pointed out that the cryptocurrency has been trading within a one-month falling wedge, with the $148-$150 rejection zone “coming in HOT.” Per the post, failing to break out will send Solana “back to the shadow realm,” but “given how easily market sentiment shot up, Valhalla is likely.” Meanwhile, trader Rose Premium Signals stated that the cryptocurrency is “preparing for a strong breakout” from its one-month falling wedge pattern. Related Reading: Cardano Headed For $0.32 If This Level Isn’t Reclaimed – Is ADA’s Rally Over? The market watcher that Solana bounced from the crucial $125-$130 demand zone, which is in confluence with the 0.618 Fib level. Notably, the altcoin held above this area on the weekly timeframe despite the pullback. According to the trader, a breakout from the formation could trigger a “sharp move upward” toward the initial $204 target, potentially followed by a surge toward the $229 and $258 areas. As of this writing, Solana is trading at $143, a 1.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The crypto market today has been trading sideways, lacking a clear trend direction as major assets struggle to build momentum. Dogecoin, too, has mirrored this consolidation phase. Despite a modest 0.19% dip in the last 24 hours and a 3.95% drop over the week, DOGE has shown signs of resilience. After rebounding from a low …
XRP is flashing signs of growing investor confidence as over 80% of its total circulating supply is now in profit. With the token currently trading around $2.20, most holders are sitting on gains, reflecting a strong base of investors who are holding rather than panic-selling. According to Glassnode, XRP price surged above $2, over three …