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Crypto

XRP echoes 2017 pattern ahead of 66,000 percent surge, with $0.82 support in focus

An analysis said XRP is again showing a symmetrical triangle pattern similar to the one seen ahead of its 2017 to 2018 surge. The key question is whether the current decline signals a breakdown of the long-term bullish structure or a typical pullback after a breakout. XRP previously rallied more than 66,000 percent after breaking above resistance in 2017. Market attention is now on the $0.70 to $0.83 zone, especially $0.82.

Crypto

Bitcoin shrugs off Iran shock; S&P 500 short squeeze mentioned

Bitcoin held around $66,000 despite rising tensions between the United States and Iran. It dipped about 1 percent intraday but stayed elevated after climbing near $67,000, a five-week high. Oil prices rose to their highest since June 11, while crypto and U.S. stocks remained relatively steady. A market analysis account highlighted high short interest in the S&P 500 and Russell 3000, raising the possibility of a short squeeze. Traders watched $67,000 as a key level.

Crypto

Shiba Inu eyes top 25 by market cap as 39 percent rebound scenario draws attention

On-chain indicators show 94.49 percent of Shiba Inu (SHIB) circulating supply is concentrated in 707 large wallets. If the concentration reflects liquidity leaving exchanges, price rebounds could be amplified when large buy orders enter, as less supply is immediately tradable. Etherscan data put major holders’ SHIB at about $2.36 billion. Technical signals on TradingView also suggest a possible rebound, with a 39 percent rise cited toward the 200-day EMA.