Search results for Fair Value Gap
Crypto
XRP could rise to $2 if it holds $1 support, double-bottom in focus
XRP may be forming a double-bottom pattern in the $1.00 to $1.05 range, according to an analysis. If it holds that support and breaks above neckline resistance, the price could recover to $2. Analyst EGRAG highlighted a fair value gap overlapping the zone and said shrinking candle bodies could signal weakening selling pressure. XRP trades around $1.03, about 33 percent below early October levels.
Crypto
Warning XRP could retreat toward $1; trader calls it a buying zone
XRP could slip toward the $1 level in the near term, according to an outlook cited by Decrypt. Analyst 360Trader said XRP could fall toward a liquidity zone below its current trading range and that $1 could be the next downside target if $1.248 breaks. He called the area near $1 a buying opportunity. Separately, Black Swan Capitalist co-founder Vandell Aljarrah said another dip could come before the next major rise.
Crypto
Bitcoin long-term holder selling plunges; halving cycle points to September bottom
Selling pressure from bitcoin holders who have kept their coins for 5 years or more has fallen to its lowest level in 19 months, while indicators point to a possible market bottom around September. CryptoQuant data showed a 90-day average of 962 BTC spent by this cohort, the lowest since November 2024. Analysts said pressure is instead concentrated among newer investors, with aNUPL falling to -0.14, while some traders flagged remaining downside liquidity.