XRP continues to defend key support levels as bullish momentum builds beneath the surface. Traders are watching closely as the price hovers above the rising 20-month EMA, a crucial line that could determine whether the next leg higher unfolds. XRP Maintains Bullish Structure Above $1.75 Support Providing an update on the XRP chart, More Crypto Online highlighted that the situation remains largely unchanged, with price action still developing within a broader bullish structure. The analyst emphasized that the ongoing movement continues to follow a pattern of three-wave pullbacks, suggesting that the uptrend remains intact as long as XRP holds above the critical $1.75 support level. Related Reading: Massive XRP Rally Ahead? Bold Forecast Calls For $100 Before 2030 According to his analysis, as long as buyers continue to defend this zone, the structure points toward an eventual continuation of the upward trend. The repeated three-wave corrections indicate that the market may still be in a controlled consolidation phase rather than a reversal. However, the analyst highlighted that a confirmed breakout has yet to occur. The key resistance zone between $2.69 and $2.84 continues to act as a ceiling, limiting XRP’s upward momentum. Until the price breaks above this range decisively, the broader market will likely remain in a phase of consolidation and uncertainty. More Crypto Online added that a five-wave breakout above the $2.84 level could signal renewed strength and open the door to higher targets. The next major objective in that case would be around $3.40, which could serve as a staging point for another push toward the $5 region. XRP’s 20-Month EMA Emerges As The Line Between Strength and Struggle In an XRP post, ChartNerd pointed out that the 20-month Exponential Moving Average (EMA) is positioned around $1.94 and is gradually climbing. This long-term moving average has historically served as a strong indicator of trend direction, and its current trajectory suggests that the broader bullish structure could still be intact. Related Reading: XRP Price Gains Traction — Buyers Pile In Ahead Of Key Technical Breakout ChartNerd emphasized that turning the 20-month EMA into solid support would be a significant confirmation of continued upside momentum, paving the way for XRP to push toward higher resistance zones in the coming sessions. The analyst remains optimistic that the EMA will act as a reliable foundation for further gains. However, ChartNerd also cautioned that a decisive drop below the $1.94 EMA could weaken the bullish outlook, triggering a deeper retracement. Still, he noted that “the boat is yet to raise its sails,” implying that XRP’s next major move has yet to unfold, and patience may be key as traders await confirmation of the next trend direction. Featured image from Adobe Stock, chart from Tradingview.com
Traders say sentiment remains fragile as stronger U.S. dollar flows and persistent macro uncertainty continue to pressure risk assets.
The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin (DOGE) ETF, with potential approval expected in just 20 days unless the SEC intervenes. If approved, this would mark …
The crypto market is currently in its longest bear market in history, with altcoins trading at some of their lowest valuations ever. Despite this downturn, many blockchain projects continue to show strong fundamental progress, a signal that experts believe may represent one of the biggest mispricings in altcoin history and a major opportunity for long-term …
Tether’s Bitcoin wallet recently acquired 961 BTC worth about $97 million from Bitfinex, following its ongoing strategy of using 15% of profits to buy Bitcoin. This wallet now holds 87,296 BTC valued at $8.84 billion, ranking sixth among the largest BTC wallets. With an average buy price close to $49,121, Tether’s Bitcoin holdings currently show …
After weeks of muted action, Internet Computer (ICP) has suddenly come alive, posting a sharp rebound that’s catching traders’ attention across the crypto market. The surge comes amid a wave of renewed buying pressure and bullish technical signals, hinting that something bigger could be unfolding beneath the surface. As ICP’s price tears through resistance levels, …
DeAgentAI is built within the Sui ecosystem, empowering developers to launch autonomous on-chain agents for next-gen Web3 automation. This week, AIA’s explosive 717% rally in just 24 hours stunned the crypto market despite an overall sector dip. The move came from a strategic Pieverse partnership, technical breakouts above Fibonacci levels. And surging interest in AI …
While the broader crypto market slipped by 1%, Filecoin (FIL) made one of its biggest comebacks of the year. The decentralized storage token skyrocketed nearly 60% in just 24 hours, jumping from $1.38 to $2.18, its sharpest recovery since early 2024. This sharp rally has stunned everyone, wondering the key reasons why Filecoin token is …
The Blockchain Payments Consortium, made up of several major crypto firms, was formed to create a “common framework that enhances blockchain transactions.”
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
A sharp 3.3% decline pushed ether below a key support level, but institutional whales bought the dip, signaling long-term confidence despite technical breakdowns.
Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset.
November 7, 2025 06:06:50 UTC Google to Add Kalshi and Polymarket Prediction Data to Search Google is integrating Kalshi and Polymarket data into Google Finance, letting users see real-time prediction odds for questions like “Will the Fed cut rates in December?” directly in search. The update will display live probabilities and trend charts. Kalshi, a …
Bitwise Asset Management has filed an 8(a) form for its Spot Dogecoin ETF, which enables automatic approval and listing on U.S. exchanges within 20 days unless the SEC intervenes. This streamlined process bypasses lengthy approvals, reflecting growing demand for regulated crypto investment products. The ETF will provide investors easy, regulated exposure to Dogecoin, with Coinbase …
Solana started a fresh decline below the $165 pivot zone. SOL price is now attempting to recover and faces hurdles near the $165 zone. SOL price started a fresh decline below $162 and $160 against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $160 and $162. Solana Price Faces Hurdles Solana price extended losses below $150 before the bulls appeared, like Bitcoin and Ethereum. SOL tested the $145 zone and recently started a recovery wave. There was a move above the $150 and $155 resistance levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. However, the bears remained active near the $162-$165 resistance zone. Besides, there is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $160 level and the trend line. The next major resistance is near the $162 level. The main resistance could be $165. A successful close above the $165 resistance zone could set the pace for another steady increase. The next key resistance is $172 and the 61.8% Fib retracement level of the downward move from the $188 swing high to the $145 low. Any more gains might send the price toward the $180 level. Another Decline In SOL? If SOL fails to rise above the $160 resistance, it could continue to move down. Initial support on the downside is near the $150 zone. The first major support is near the $145 level. A break below the $145 level might send the price toward the $138 support zone. If there is a close below the $138 support, the price could decline toward the $130 zone in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $150 and $145. Major Resistance Levels – $160 and $165.
The crypto markets are trying to recover from the recent market crash as Bitcoin price reclaims $102,000. In times when Bitcoin’s dominance is rising, Filecoin (FIL) is emerging as one of the top-performing altcoins in the last 24 hours. The FIL price has surged by over 50% in the past 24 hours, reaching an intraday …
ASIC said the regulator will review and relaunch its Innovation Hub to explore new ways ASIC can support financial market innovation.
On-chain analytics firm Glassnode has revealed how Bitcoin could be at risk of a further drawdown after trading at a significant discount to a key cost basis level. Bitcoin Could Retest Active Realized Price Next In its latest weekly report, Glassnode has talked about how Bitcoin has dropped a notable distance below the short-term holder (STH) Realized Price. The “Realized Price” here refers to an on-chain metric that tracks the cost basis of the average investor or address on the BTC network. To any investor, their break-even mark tends to be a level of particular importance, as retests of it can potentially flip their profit-loss situation. Due to this, Realized Price levels have often shown interactions with the asset’s price, as investors make moves to either exit with their money back or buy more to defend their cost basis. Related Reading: Cardano Retests Line That Has Triggered Strong Rebounds Since Nov 2024 A group that’s considered particularly sensitive to short-term volatility is the STH cohort, made up of the investors who purchased their coins within the past 155 days. The Realized Price of the STHs generally provides support during bullish trends, but with the recent market crash, Bitcoin has plummeted under it. As displayed in the above chart, Bitcoin at its post-crash levels is trading significantly below the STH Realized Price located at $112,500. This means that members of the cohort are now notably underwater. “Historically, discounts with such depth from this level have increased the likelihood of further downside toward lower structural supports,” explained Glassnode. One such support is the Active Realized Price, corresponding to the cost basis of the “economically active” part of the BTC supply. A chunk of the cryptocurrency’s supply has been dormant for so long that it can safely be presumed lost. In other words, these tokens will never make their way back into circulation. Such coins have no effect on the market today, so the Active Realized Price excludes them from the data, labeling them “economically inactive.” The report noted that this level “has often served as a critical reference point during extended corrective phases in prior cycles.” At present, the indicator is sitting near $88,500. Related Reading: Bitcoin & Ethereum Social Sentiment Collapses, But XRP Just Sees Disinterest The Bitcoin STH Realized Price isn’t the only level that the asset has lost recently. As on-chain analytics firm CryptoQuant has pointed out in an X post, the asset has also declined below the 365-day moving average (MA). CryptoQuant has described the line as “a key technical and psychological support level last broken at the start of the 2022 bear market.” Considering that Bitcoin has lost the STH Realized Price, and now, this level as well, it remains to be seen whether the asset will end up retesting the Active Realized Price and other lower support levels. BTC Price At the time of writing, Bitcoin is floating around $103,300, down over 6% in the last seven days. Featured image from Dall-E, Glassnode, CryptoQuant.com, chart from TradingView.com
Elixir said it will sunset its deUSD stablecoin after $75 million worth of the token became entangled in Stream Finance’s $93 million loss.
Ark Invest's acquisition underscores growing confidence in Ethereum's potential to reshape corporate treasury strategies and crypto adoption.
The post Cathie Wood’s ARK Invest acquires 240,507 shares of Ether treasury firm BitMine on Nov. 6 appeared first on Crypto Briefing.
Technical indicators suggest bearish control, with traders watching key support levels and potential ETF-driven volatility.
The apology arrives 10 days after Australia's competition watchdog sued the tech giant for allegedly concealing cheaper alternatives.
The breakdown unfolded alongside a surge in trading volume that reached 137.4 million, representing an 84% spike above the daily average.
XRP price failed to stay above $2.350 and trimmed gains. The price is now consolidating and might struggle to stay above $2.150 in the near term. XRP price failed to continue higher above $2.420 and corrected lower. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it dips below $2.150. XRP Price Dips Again XRP price started a recovery wave above $2.25 and $2.30, like Bitcoin and Ethereum. The price even attempted a move above $2.40 but failed to clear $2.42. A high was formed at $2.414 and the price started a fresh decline. There was a drop below $2.33 and $2.32 levels. The price traded below the 50% Fib retracement level of the upward move from the $2.066 swing low to the $2.414 high. Besides, there was a break below a bullish trend line with support at $2.360 on the hourly chart of the XRP/USD pair. The price is now trading below $2.30 and the 100-hourly Simple Moving Average. The bulls are now active near $2.20 and the 61.8% Fib retracement level of the upward move from the $2.066 swing low to the $2.414 high. If there is a fresh upward move, the price might face resistance near the $2.30 level. The first major resistance is near the $2.350 level, above which the price could rise and test $2.420. A clear move above the $2.420 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance. The next major hurdle for the bulls might be near $2.650. Another Decline? If XRP fails to clear the $2.30 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.20 level. The next major support is near the $2.150 level. If there is a downside break and a close below the $2.150 level, the price might continue to decline toward $2.050. The next major support sits near the $2.00 zone, below which the price could continue lower toward $1.840. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.20 and $2.150. Major Resistance Levels – $2.30 and $2.420.
Japan's FSA announced its support for a stablecoin pilot project involving the country's three major banks — Mizuho Bank, MUFG, and SMBC.
Japan's FSA backing megabanks' stablecoin project could enhance global transaction efficiency and boost digital currency adoption.
The post FSA supports three megabanks in issuing joint stablecoin project appeared first on Crypto Briefing.
Santiment says online Ether chatter turned bullish, but the Crypto Fear & Greed Index tracking wider market sentiment remains at “Extreme Fear.”
In a bold escalation of the crypto-policy debate, Senator Cynthia Lummis has publicly asserted that Bitcoin is the only solution capable of addressing the mounting national debt burden facing the United States. Her comments come amid rising tensions over monetary policy, inflation, and the role of digital assets in reshaping finance. How Bitcoin Could Reshape Treasury Markets Senator Cynthia Lummis has once again made headlines with her support for Bitcoin, stating in a recent Bloomberg interview that BTC is the only solution to America’s mounting national debt. According to a crypto news source, CryptosRus, posted on X, that Lummis expressed her pro-Bitcoin stance, mentioning that BTC is an asset that will continue to grow over time and is the key to offsetting the burgeoning national debt. Related Reading: Bitcoin In The Crosshairs: US Treasury Secretary Reveals What Senate Democrats Could Learn From BTC Lummis highlighted the concept of a strategic BTC reserve, asserting that it represents the sole viable strategy to offset the national debt. However, CryptosRus noted that her consistent advocacy makes her one of Washington’s most ardent supporters of BTC, pushing for its integration to play the core role of US fiscal strategy. Several companies are actively preparing for this move. An emerging euro-denominated Bitcoin treasury backed by Tyler and Cameron Winklevoss, Treasury_BTC, has announced the appointment of Tycho Onnasch as its new head of BTC strategy. Onnasch is widely recognized within the BTC community for his foundational work on BTC scaling solutions, insightful market analysis, and deep conviction in BTC. Onnasch’s impressive background includes founding Zest Protocol, a leading BTC yield and landing platform, which is supported by BTC heavyweights Tim Draper and Binance Founder Changpeng Zhao. Academically, Tycho holds a degree from Oxford University, with a specialization in economic history. His achievements were further acknowledged with his inclusion in Forbes’ prestigious 30 under 30 Europe list. Onnasch’s role will be instrumental in driving the company’s BTC strategy and influencing its approach to market interpretation. A Healthier Foundation For Bitcoin Next Leg Higher CryptosRus has also reported that BTC has recently experienced its most significant open interest meltdown of its current cycle since the liquidation event that occurred on October 10. The data reveals substantial drops across major platforms, with Binance’s open interest decreasing by $4 billion, Bybit by over $3 billion, and Gate by more than $2 billion. Due to this liquidation event, traders have not rushed back in with leverage. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Typically, leverage rebuilds quickly after a wipeout, but the slow recovery from this current scenario suggests that the market confidence is shaken. This sentiment explains the current slow and choppy price action, as the market operates with reduced leverage and fewer aggressive positions. CryptosRus pointed out that when leverage undergoes such a significant reset, the market often leads to an increase in stability. It lowers the risk of another sudden cascade of liquidations and establishes a healthier foundation for the next price movements. The expert concluded that this is a BTC reset, not a breakdown. Featured image from Pixabay, chart from Tradingview.com
The potential launch of a spot Dogecoin ETF could further legitimize crypto assets, influencing market dynamics and investor interest.
The post Bitwise plans spot Dogecoin ETF launch in 20 days appeared first on Crypto Briefing.
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.