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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 7-dollar scenario this year draws focus to holding $1.06

XRP has undergone a sharp correction this year but is holding a key weekly support zone, keeping open the possibility of reaching $7 within the year, an analysis said. The market is focused on whether it can defend around $1.06, with XRP staying above the $1.05 Fibonacci retracement level. Analysts also cited a falling wedge pattern and overlapping long-term support. Targets discussed include $7.88 and $11.74, depending on buying momentum.

Crypto

Trading strategy targets XRP downturn with $0.55 buys, $7.25 sells

With XRP recently slipping to around $1, a staged trading strategy has been presented that treats declines as opportunities to buy in tranches and aims to sell up to $7.2582. The plan allocates 25 percent of funds at $1.35 to $1.36, 25 percent at $0.90 to $1.00 and 50 percent at $0.55 to $0.65. It sets profit-taking at $4.9192 and $7.2582 based on a Fibonacci extension model.