English < Article List - DigitalToday

Search results for cup and handle

Crypto

XRP faces key $0.855 support after 71 percent drop from peak

XRP is nearing a retest of support around $0.855 within a long-running cup-and-handle pattern, an analysis said. XRP trades at $1.04, down more than 71 percent from its July 2025 all-time high of $3.66. The $0.855 level aligns with a lower handle trendline and a Gaussian filter line that has marked prior bear-market bottoms. A rebound would still require breaking $1.35 to $1.40 and reclaiming $3.66.

Crypto

Bitcoin weekly drop 16 percent; breach of $60,000 may test $50,000 level

Bitcoin has fallen about 16 percent over the week, its weakest weekly performance since November 2022, according to Cointelegraph. It slid to $61,000 intraday and is trading around $62,000, with buying interest defending $60,000 as a psychological support level, though downside pressure remains on charts. Technical patterns and on-chain indicators point to support around $50,000 to $54,000, with some scenarios citing $55,000 as a worst-case lower bound.

Crypto

Bitcoin could slide to $50,000 if $60,000 support breaks

Bitcoin could fall to $50,000 to $51,000 in the short term and to $33,000 on a weekly-chart basis if it drops clearly below the $60,000 support level, an analysis showed. Cointelegraph said bitcoin was down about 15 percent for the week through Thursday, marking its weakest weekly performance since November 2022. Analysts cited a bearish flag pattern and on-chain indicators pointing to support around $50,000 to $54,000.