Search results for symmetrical triangle
Crypto
Can XRP break $1.55? Three bullish signals spotted
XRP is sending early signals of a shift from bearish to bullish as whale accumulation increases and technical indicators improve. Crypto analyst Ali Martinez cited a supertrend buy signal on the daily chart, rising holdings by large wallets and a symmetrical triangle pattern on shorter time frames. The $1.55 level remains a key resistance. A confirmed daily close above it could point to $1.90, while the bullish case also requires holding above $1.30.
Crypto
XRP holders back in profit zone; 55 percent upside possible if $1.40 holds
XRP has moved back above the average purchase price level, returning many holders to profit. Cointelegraph said XRP rebounded 28 percent from a macro low of $1.12 and recovered a realised price of $1.41, with the token trading around $1.42. Analysts see the move as potentially easing selling pressure, but say the rally needs to defend the $1.40 area and break $1.46. A close above $1.46 could point to $2.24, 55 percent higher.
Crypto
XRP futures volume surges to $4 billion as short liquidations spike during brief rebound
XRP is seeing concentrated liquidations of short positions during a recent rebound, raising the chance it will post its first monthly gain this year. Over the past 24 hours, $5.33 million of $7.77 million in liquidations came from shorts, with short liquidations accounting for 68.5 percent, CoinGlass data showed. XRP futures volume rose to $4 billion, led by Binance. XRP is trading at $1.39, up about 5.4 percent on the week.
