Jan Fein gsSU

Is Bitcoin’s falling streak coming to an end? Rising lows are paving the way for $115,482, Bitcoin’s price is still holding above $100,000, although the negative trend last week has created uncertainty among investors, Bitcoin’s price has seen sharp fluctuations in daily trading volume as investors are uncertain about the future.

Some experts are predicting further price declines, but renowned crypto analyst Master Ananda believes that Bitcoin’s price will continue to rise. According to Master Ananda, Bitcoin’s price fell to $100,000 after the market crash on June 13, but the barrier above $102,000 stopped the downward trend, which is a sign of the end of the bearish movement.

The price then continued to trade above the 0.618 Fibonacci retracement, which is a sign of bullish strength. Furthermore, the price has crossed key technical levels such as EMA34, EMA21, 3MA13, and EMA8, which indicate a positive trend in the market. If Bitcoin maintains its current levels, the cryptocurrency could rise further, but if the price falls, the next strong supports will be $104,533 and $104,282, which are near the 0.618 Fibonacci retracement.

On the other hand, resistance levels are also important, the price must cross resistance levels like $106,625 and $107,559 to start a strong rally, If the $107,559 barrier is also broken, the next resistance will be at $108,989 and then $110,586, where the performance of the bulls will decide whether the price will reach a new record level of $115,482 or fall back to near $100,000,

According to Master Ananda's analysis, Bitcoin's trend on the 1-hour chart is bullish, as confirmed by price action, candlestick patterns, highs and lows, moving averages, and oscillators. Thus, current technical indicators show that Bitcoin's downward trend is ending and heading towards a new high....

Note: This post is just for Education. Its not financial advise for anyone. Do your own research before trade.

#cryptocurrency #cryptoworld
#cryptonews #cryptotrading
#crypto #cryptocommunity
#cryptoanalysis #bitcoinnews
#bitcoin
#bitcointrading

XRP price falls 5% amid intense selling pressure in the market, XRP price has fallen 4.5% in the past 24 hours, falling from $2.254 to $2.164, during which sellers dominated buyers and broke key support levels.

The token is now facing pressure at the $2.20 resistance level, where technical indicators are pointing to a continued bearish trend.

The overall market situation has been affected by macroeconomic uncertainty and recent ETF rejections, which has led to XRP losing nearly 9% over the week.

The US-China trade dispute, conflicting central bank policies and ETF rejection have added to negative sentiment towards risk assets. Traders are also closely watching Ripple’s upcoming RLUSD stablecoin launch and regulatory developments in Dubai and Singapore, where Ripple’s infrastructure is rapidly expanding.

However, despite all these developments, no significant improvement has been seen in the short term, Technically, a descending channel has been observed on the hourly chart, indicating a continued bearish trend, The increase in volume was particularly noticeable between 15:00 and 16:00, when volume doubled the daily average and the price stabilized at the resistance of $2.19.

After a brief recovery, the price reached $2.179 but sellers quickly took control. Another volume increase at 02:01 in the late hours of the night resulted in a further decline to $2.162, which is a new low and continues the downtrend. Current support is around $2.147 where buyers have repeatedly emerged.

If buyers fail to regain the $2.20 level, the price could fall further to near $2.10. Short-term consolidation is expected due to the decrease in volume, however, overall market sentiment and technical indicators are still pointing to the downside.

This is a news, this is an analysis, this is not financial advice from the post, if you want to invest in the crypto market, then do a thorough research first, then buy.

#Write2Earn #xrp #crypto

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Price History: 
1st Halving (2012) 
BTC was at $12, and it pumped 𝟵,𝟵𝟬𝟬% after 1st Halving.
2nd Halving (2016) 
BTC was at $680, and it pumped 𝟮,𝟵𝟬𝟬% after 2nd Halving
3rd Halving (2020)
BTC was at $8,590, and BTC pumped 𝟳𝟬𝟬% after 3rd Halving
4th Halving (2024)
Can anyone guess the peak price of $BTC after 4th Halving?