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Crypto

Can XRP resume a long-term rally? A break above $2.40 to $3.36 is key

A key benchmark for XRP’s long-term bullish trend is the 21-day exponential moving average on the two-month chart, according to an analyst cited by The Crypto Basic. The analyst said staying above that line would keep the macro bull structure intact. He pointed to $2.40 to $3.36 as the crucial recovery zone. He also outlined downside scenarios and potential upside targets if resistance breaks.

Crypto

Silver breaks above $89 but warns of near-term pullback to $79

Silver has risen to as high as $89 an ounce, confirming an upside breakout, but signals are growing that it could retrace to the $79 area in the near term. Daily charts show an uptrend after a break above a descending triangle, with RSI near 70. Four-hour indicators have weakened, with RSI slipping below an uptrend line and MACD turning negative. Analysts flagged $89 and $83 as key levels, with $101 as an upside target.

Crypto

Whale builds short bets, but Fed liquidity expansion supports bitcoin

A whale in the Hyperliquid ecosystem has built $70 million in short positions in cryptocurrencies and tokens linked to major tech stocks, heightening caution among bitcoin investors. Bitcoin briefly fell back below $80,000 on May 13. The account has previously posted large profits but has recently shifted to short bets on Hyperliquid, bitcoin and other linked tokens. Data suggest it typically closes positions within a week.