Search results for Casi
Crypto
XRP bottom call resurfaces, key is break above $1.65
XRP must break above the $1.65 resistance level to confirm it has formed a bottom after its recent decline, an analysis said. Analyst Casi Trades said merely reaching the level is not enough and a clear breakout is needed. XRP has been trading around $1.33 after retreating near $1.65 in September, with key support at $1.27. If $1.65 is breached, a move toward $2.40 could be possible, the analysis said.
Crypto
XRP enters buy warning zone like bitcoin, bottom not yet confirmed
An analysis says XRP has entered a macro buy-warning zone similar to bitcoin. The signal has rarely appeared at the start of accumulation phases over several years, and markets are watching whether the pullback marks a new downtrend or a basing phase ahead of a rebound. XRP is trading around $1.09 after bouncing from a late-June low. Analysts say confirmation signals for a major bottom have not yet fully emerged.
Crypto
XRP could slide to $0.94 if June midterm-year pattern repeats
XRP could fall to $0.94 if it follows a June weakness pattern seen in years when U.S. midterm elections were held, and could drop to as low as $0.81 in a worst-case scenario, an analysis said. Crypto analyst Egrag Crypto based the range on XRP’s average June decline in midterm years and recent price action. XRP has been pressured amid broader market weakness, while the analyst maintained a bullish long-term view.
