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The latest Bitcoin chart shared by analyst Captain Faibik is starting to raise some serious red flags. According to him, Bitcoin may have just topped out, and the signals from both the price chart and the RSI suggest that a major correction could be around the corner.

At first glance, the weekly BTC price still looks strong. It’s hovering just below its recent highs, trading above $104,000. But what’s happening beneath the surface tells a different story. Captain Faibik points out a massive bearish divergence on the Relative Strength Index (RSI), a momentum indicator used by traders to gauge buying or selling pressure.

In the chart, we can clearly see that while the Bitcoin price has continued to push slightly higher, the RSI has been making lower highs. This kind of divergence usually signals that the bullish momentum is weakening, even if the price hasn’t dropped yet. It’s the same kind of setup that appeared near Bitcoin’s previous major tops, where price moved up but RSI dropped off.

Faibik calls this a “massive RSI bearish divergence,” and based on past patterns, he believes Bitcoin is due for a pullback. The last time Bitcoin formed this kind of setup, it ended with a multi-month downtrend.

Potential Correction Toward $92,000 to $94,000

Based on his analysis, Faibik is now calling for a drop in BTC price to the $92,000–$94,000 range. This isn’t a crash, but it would be a meaningful correction from current levels. And considering how fast Bitcoin has climbed over the past year, a pullback here would not be surprising.

The same chart shows another key detail: the price appears to be forming a slight bearish rising wedge pattern, with higher highs on the price but flatter tops. This kind of structure often breaks downward, especially when it lines up with an RSI divergence.

Faibik is also reminding followers that this moment feels a lot like November 2022 but in reverse. Back then, BTC bottomed at $16,000. Now, he believes it’s topping and those who bought the dip should consider locking in gains.

Read Also: Why Kaspa Whales Are Quietly Loading Up on KAS During the Dip

Why This Signal Matters for Bitcoin

For traders and investors watching Bitcoin’s next move, this kind of divergence is a classic early warning sign. It doesn’t guarantee a collapse, but it shows that the bulls may be running out of steam. If momentum continues to fade, Bitcoin could lose support and trigger a wave of selling.

Captain Faibik’s call is straightforward. He believes now is the time to be cautious, not greedy. The RSI has spoken, and unless the bulls can push Bitcoin decisively higher and invalidate this divergence, the next major move could be downward.

As of now, the Bitcoin price sits around $104,000, but Faibik’s analysis suggests that a return to $92,000–$94,000 may be the healthy reset the market needs before any future rally.

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The post Has Bitcoin Price Topped Out? Chart Hints at Major Drop to This Key Level appeared first on CaptainAltcoin.

XRP is still stuck in its sideways range, bouncing between $2.10 and $2.30, just like it has been since late May.

That lines up with what we talked about in yesterday’s prediction. We expected XRP to stay range-bound unless there was a big volume spike or some major news to shake things up. 

So far, that’s exactly what’s played out. Buyers haven’t been able to push past $2.30, and while $2.10 has held up as support, the momentum just isn’t there to break out either way.

Source: TradingView.com

Right now, XRP price is hovering around $2.17, with recent candles showing hesitation. Let’s see what the indicators are saying today.

Read Also: DAG Director Jake Claver Explains Why Ripple’s XRP Will Remain Relevant Despite the Rise of Stablecoins

What the Daily Indicators Are Telling Us

Indicator Value What It Means RSI (14) 54.28 Neutral, leaning slightly bullish MACD (12,26) -0.0009 Weak bearish crossover CCI (14) 192.63 Strong buying momentum Stochastic (9,6) 56.00 Momentum is building, but not overbought Ultimate Oscillator 56.31 Bullish across multiple timeframes ATR (14) 0.0217 High volatility, expect price swings

Summary: Most indicators have begun to show some early bullish momentum, but it’s not quite enough to call for a breakout yet. CCI and the Ultimate Oscillator are picking up some buying strength, though MACD is still on the bearish side. RSI is neutral, and with high volatility, price could move sharply in either direction without much warning.

What the Moving Averages Say

Short-term moving averages are looking better. Right now, the 20-day moving average is below the current price, which gives the bulls a little bit of support. But the 50-day, 100-day, and 200-day are all still pointing down. That means the overall trend is still looking bearish for now

That tells us the bigger trend is still down. If XRP price really wants to break out of this range, it has to clear that $2.19–$2.20 zone. Until that happens, it’s probably best to stay cautious, no need to rush in just yet

XRP Price Scenarios for Today (June 19)

Bearish Scenario:

If XRP drops below $2.10 with volume, it could head down to $2.00 fast. That would confirm the range is breaking down.

Neutral Scenario:

If $2.10 holds again, we’ll probably see more sideways action between $2.10 and $2.30. No breakout, just more chop.

Bullish Scenario:

If XRP price can finally push above $2.30 with solid volume, it might make a move toward $2.40 or even $2.50.. But that kind of move needs momentum and market support.

For now, XRP is still stuck in its range, and the next big move really depends on which side breaks first.

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The post XRP Price Prediction for Today (June 19) appeared first on CaptainAltcoin.