XRP Price Final Low: Hereâs The Target To Watch For Next Recovery
XRP Price Final Low: Hereâs The Target To Watch For Next Recovery
Crypto analyst CasiTrades has indicated that the XRP price could drop to a final low before it begins its next leg to the upside. In line with this, she highlighted the target to watch out for as altcoin looks to end this downtrend and begin its recovery. Level To Watch As XRP Price Eyes Final [âŠ]
Welcome to CoinFeedPro
Latest crypto news from key platforms. All in one place.
Todays Sentiment
Bullish
Latest news
- NEWSBTC
Bitcoin Daily RSI At Most Oversold Level Since April â Time To Buy?
The price of Bitcoin has been under intense bearish pressure over the past week, falling below the $110,000 mark on Thursday, September 25. While the premier cryptocurrency has managed to stop bleeding in the past day, the BTC price has struggled to reclaim the psychological $110,000 level. Interestingly, the latest readings of a technical analysis indicator suggest that the Bitcoin price might have just reached a bottom and could be ready for a rebound. Has The Bitcoin Price Reached A Bottom? In a September 26 post on the X platform, a crypto analyst named after the renowned economist Frank Fetter revealed that the price of Bitcoin might have just entered a buy zone. This price projection is based on the relative strength index (RSI) indicator on the daily BTC price chart. Related Reading: Dogecoin Bullish Again? $10 Million Stock Buyback Sparks Fresh Price Hopes The relative strength index is a momentum indicator used in technical price analysis to assess the magnitude and speed at which an assetâs price changes. The RSI oscillator is usually used to analyze whether a crypto asset (Bitcoin, in this case) is being overbought or oversold, suggesting a possible price or trend reversal. When the relative strength index breaks above 70, it typically indicates an overbought market condition, with the assetâs price likely to face selling pressure. Meanwhile, an RSI value below 30 implies that the market is in an oversold condition, with price on the verge of a potential rebound. According to Fetter, the Bitcoin relative strength index on the daily chart has fallen to its lowest level since the April price bottom of $74,000. This price downturn, which was triggered by the tariff war between the United States and China, saw the RSI oscillator fall beneath the 30 threshold in March. Since bottoming out at the $74,000 mark and the RSI low in April, the Bitcoin price has since gone on to set multiple all-time highs. If history is anything to go by, there is a chance that the flagship cryptocurrency could find support at its current price and run up to a new high. As of this writing, BTC is valued at around $109,331, reflecting a mere 0.2% jump in the past 24 hours. According to data from CoinGecko, the premier cryptocurrency is down by more than 5% on the weekly timeframe. Crypto Market Enters âFearâ Zone The crypto Fear & Greed Index is another signal suggesting a buy opportunity in the Bitcoin market at the moment. According to the latest on-chain data from Alphractal, this metric has dropped to 28, signaling strong fear amongst digital asset investors. Related Reading: The Mobility Advantage: Why Bitcoinâs Portability Makes It Superior To Traditional Gold Meanwhile, the Fear & Greed Index of the stock market is at a neutral level, meaning that pessimism has yet to hit the traditional markets. With the crypto Fear & Greed Index at its lowest level since April 2025, the divergence from the traditional markets suggests potential accumulation opportunities in the digital asset market. Featured image from iStock, chart from TradingView
Bitcoin Derivatives Heat Up: $77.45B Futures Stack, Calls Still Rule the Options Pit
Derivatives desks are firing on all cylinders this weekend, and bitcoinâs options board is basically screaming âpick a sideâ while futures stack up near cycle highs. Deep Liquidity, Sharper Bets: Bitcoin Options Crowd Eyes $110K Strikes Bitcoin is trading at $109,449 on Saturday, and the futures complex is thick: total open interest (OI) sits at [âŠ]
XRP in the Danger Zone: Charts Reveal Looming Volatility Ahead
XRP climbed 2.3% to $2.78 today, notching a modest win in an otherwise cautious market. With a $166 billion market cap and a 24-hour trading volume of $5.24 billion, XRP has been ping-ponging between $2.71 and $2.81 like itâs trying to decide if itâs time to rally or retreat. XRP The one-hour chart suggests XRP [âŠ]
- NEWSBTC
Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below $100,000?
Market expert Tony Severino has raised some concerns with the current Bitcoin price action on the weekly chart. This comes as the flagship crypto trades below $110,000, with predictions that it could further drop below the psychological $100,000 level. Bitcoin Price Forms Bearish Pattern On Weekly Chart Severino revealed in an X post that the Bitcoin price is potentially forming an Evening Star pattern on the weekly chart, something he is wary of. He noted that this pattern is forming right at the Bollinger Band basis line, at around $111,600, during the tightest BB squeeze in BTCâs history. Related Reading: Bitcoin Bull Run Is Over? These Signals Show Where The Market Is At The market expert had earlier revealed that the Bitcoin priceâs weekly Bollinger Bands are officially the tightest in the entire history of BTCUSD price action. Essentially, BTC is currently trading within a tight range, indicating low volatility. Severinoâs accompanying chart shows that the upper BB is at around $122,000, the basis BB is at $111,600, while the lower BB is at $101,000. Meanwhile, the Evening Star pattern suggests that the bears are taking control from the bulls, putting the Bitcoin price at risk of a further downtrend. With the Bollinger bands being this tight, Severino may be cautious of how this could lead to a BTC decline to the lower BB basis. Crypto analyst Bob Loukas confirmed that the bears are in control and indicated that BTC could still drop below $100,000. He noted that the Bitcoin price is looking to print its Weekly Cycle Low, although he opined that BTC is holding up well despite the current downtrend. The analyst declared that a rally to $118,000 will confirm the start of a new cycle. Until then, the bears will remain in control. His accompanying chart showed that the flagship crypto could risk dropping below $100,000 during this period when the bears are in control. However, in the long run, Loukas still expects the Bitcoin price to rally to as high as $140,000. BTC Needs To Reclaim $116,300 Crypto analyst Ali Martinez also warned that the Bitcoin price needs to reclaim $116,300 or risk dropping as low as $94,334 based on the Pricing Bands. He had earlier stated that $107,200 is the crucial support for Bitcoin. The analyst claimed that a drop below that support level would put $100,000 or even $93,000 in play. Related Reading: These Analysts Predicted The Bitcoin Price Crash And Their Forecasts Say Itâs Not Over Meanwhile, crypto analyst Titan of Crypto noted that the Bitcoin price has broken below the trendline at $110,000. He remarked that confirmation is still needed and that the lagging span must follow to validate this bearish move. However, the analyst is one of those who doesnât believe that BTC has topped, noting that the market is in a period of fear and that this has never marked the cycle top. At the time of writing, the Bitcoin price is trading at around $109,600, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Fed Chair Choice May Be Bitcoinâs Biggest Bull Trigger, CEO Says
Galaxy Digital chief executive Mike Novogratz said a very dovish choice to lead the Federal Reserve could push Bitcoin into a major rally, even as he warned such a shift would carry serious costs for the US. Related Reading: Bitcoin Miner TeraWulf Targets $3 Billion To Power Google-Tied Project According to Novogratz, if the next [âŠ]