By Shayan Markets XRP has staged a sharp recovery from its August lows against USDT, breaking above the descending large channel and reclaiming key moving-average levels. However, the rally has now reached a major resistance area around $1.50, while momentum is beginning to cool down. The broader structure is therefore improving, but the token still […]
Tag: RSI
By Wayne Jones Bitcoin (BTC) is hovering near $80,000 with a $6.36 billion Deribit options expiry due today. With roughly 81,000 contracts set to expire and max pain at $69,000, the setup could leave the OG cryptocurrency vulnerable to large moves as traders close, roll or hedge positions. Bitcoin Options Expiration Puts $6.36B at the […]
By Shayan Markets Ethereum’s sharp breakout has significantly improved its market structure, with strong momentum carrying the price toward the $2.5K region. While bullish continuation remains possible, the increasingly extended move leaves ETH vulnerable to a temporary pullback or sideways consolidation if supply begins to increase. Ethereum Price Analysis: The Daily Chart On the daily […]