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Crypto

XRP retests cup-and-handle pattern, with $3.63 target if $1.35 holds

XRP has entered a retest zone for a cup-and-handle pattern on the weekly chart after an August rebound, an analysis said. If support holds, XRP could try to break above the $1.45 to $1.50 resistance area, with targets cited at $2.4062 and $3.6330. XRP is trading around $1.39, up about 3.5 percent over the past week. A break below $1.35 could weaken the structure, with $1.23 cited as the next support.

Crypto

Fed shifts toward September rate hike; key factor for bitcoin this week

Bitcoin posted its first weekly close above $80,000 since May, but analysts say it is too early to treat the level as firm support. The market is focused on U.S. August CPI and PPI data and the Federal Reserve meeting on Sept. 16, as stronger jobs data has shifted rate expectations more hawkishly. Japan’s yen moves and possible bond sales are also seen as factors. Derivatives-led positioning and thin spot demand may limit gains.

Crypto

XRP slips back below $1.36; key levels to reclaim

XRP has fallen back below $1.36, a level seen as a key support, putting its short-term upward trend under pressure. Market attention is on whether XRP can regain $1.36 or whether the pullback widens toward $1.27. Chart analyst Chartnerd said $1.36 has acted as support and $1.47 as resistance, and that a move above $1.40 to $1.43 is needed before retesting $1.47.