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Crypto
Bitcoin rebound tests $81,000 resistance level
Bitcoin keeps rebounding despite rising tensions between the United States and Iran, with the market focused on $81,000 as a key near-term resistance level. Analysts are watching the 21-week simple moving average around $78,400 and debating whether prices will remain range-bound below $80,000 or push higher. The $81,000 level overlaps with spot bitcoin ETF investors\' average cost. Recent ETF inflows have been strong, but external risks remain.
Crypto
XRP long-term pattern points to $8.50 after correction, analyst says
XRP is entering the final stage of a long-term triangle consolidation pattern, raising expectations of a sharp rise in the next bullish phase, an analyst said. Ali Martinez said XRP has traded within a 9-year ascending triangle on the monthly chart and could head to new highs if it breaks long-term resistance. He cited a macro support zone of $0.75 to $0.80 and a chart target of $8.50, while warning of possible further correction.
Crypto
XRP bear-market warning lights up, analyst says open to $0.87
XRP briefly fell below the key $1.31 support zone, raising the risk of further declines. Analyst CasiTrades said the rebound was weak after XRP dipped under the 0.618 Fibonacci level. He cited an RSI triangle breakdown and a lack of bullish divergence as signs sellers remain in control. He set a first downside target at $1.05 to $1.09 and a final target at $0.87, while keeping a bullish long-term view.
