Search results for Mikybull Crypto
Crypto
XRP rebound signals emerge as whales increase holdings
XRP has extended its decline, but technical indicators are showing signs of a possible rebound, an analysis said. Crypto analyst Mikybull Crypto cited a double bottom and bullish divergence on the daily chart, arguing the setup points to a bounce rather than further losses. Data shared from Santiment showed wallets holding at least 10 million XRP control 68.5 percent of circulating supply, the highest share since November 2022.
Crypto
XRP rebound view gains support, but break below $1.33 raises $0.93 warning
XRP is retesting a long-term support zone near the lower boundary of an uptrend channel, prompting some market participants to raise the possibility of a move to $12. Analysts cite monthly chart structure and momentum indicators such as RSI as supportive, while a two-week chart shows a pullback toward a breakout area with an 8 to $14 target range. Still, a break below $1.33 could shift attention to around $0.93.
Crypto
Bitcoin rebound loses steam; bottom confirmation line at $88,880
Bitcoin has slipped back below $80,000 after a short-term rebound, and some in the market say it must regain $88,880 and hold it as support to confirm a bottom. Cointelegraph reported the rebound momentum has slowed near $82,000. Glassnode said holding above key realised price levels could make the roughly 50 percent correction from $126,000 to below $60,000 one of the shortest on record.
