Crypto

XRP at dead cross juncture; downside pressure seen if $1.30 breaks

XRP has entered a zone just ahead of a potential dead cross on the daily chart, blockchain media U.Today reported. The token is trading near $1.34 as the 50-day exponential moving average falls toward the 200-day EMA around $1.37 to $1.38. A close above $1.38 could blunt the bearish signal and support a move toward $1.50, while a drop below $1.30 could raise the risk of a test of $1.26 and then $1.20.

Crypto

Bitcoin tussles around $83,000; conditions for further gains

Bitcoin is trading around $83,000 and holding above key trend lines, while remaining in a neutral zone where it could move either way. The broader crypto market rebounded, with total market value up about 2 percent to $2.8 trillion and the Fear and Greed Index at 51. Technical levels include the 50-day EMA at $80,702 and the 200-day EMA at $76,123. Analysts cite resistance at $87,371 and layered supports starting at $80,433.