technical analysis
Weak Jobs Data Sends Bitcoin Above $65K as Fed Rate Hike Odds Collapse
Bitcoin surged above $65,000 on August 8 as markets responded to a significantly weaker-than-expected U.S. jobs report for July, prompting investors to reassess Federal Reserve rate-hike expectations. The nonfarm payrolls data showed 23,000 jobs lost instead of the 80,000 new positions economists had anticipated, a miss that rippled through risk asset markets and reignited demand...
Bitcoin Stalls at $64K as Hawkish Fed Hold Divides Analysts
Bitcoin treads water at $64,846 as the cryptocurrency market grapples with a hawkish Federal Reserve hold and deeply divided analyst sentiment on whether August brings a deeper correction or a rally toward $83,000. The week ending August 2 delivered contradictory signals: Bitcoin climbed 7.36% in July but has struggled in early August, with the Fear...
Bitcoin, Ethereum Tumble 3% as August Market Pullback Begins
Bitcoin and Ethereum have tumbled over 3% in the past 24 hours as the crypto market enters August with weakened momentum and mixed whale activity signals. The pullback has pushed both assets below key technical support levels, raising questions about institutional conviction as the summer transition unfolds. Global cryptocurrency market capitalization has declined to $2.25...
Bitcoin ETF Inflows Drive Weekend Rally Past $64K Resistance
Bitcoin rallied into the weekend on the back of renewed US spot ETF inflows and easing geopolitical tensions, marking a decisive shift after more than a week of persistent selling pressure. The flagship cryptocurrency surged to $64,204.50, up 0.52% at latest readings, while Ethereum climbed to $1,800.10 following a 0.53% advance as the broader digital...
RSI Explained: How to Read the Relative Strength Index in Crypto Trading
What Is the RSI? The Relative Strength Index (RSI) is a momentum oscillator developed by J. Welles Wilder Jr. and introduced in his 1978 book New Concepts in Technical Trading Systems. It measures the speed and magnitude of recent price changes to evaluate whether an asset is potentially overextended to the upside or the downside....
Ethereum Hits 3-Year Exchange Withdrawal Peak as Bitcoin Recovers Above $63K
Ethereum withdrawals from major exchanges hit their highest level in three years over the weekend, signaling a significant shift in investor behavior as Bitcoin and the broader cryptocurrency market extended a recovery that pushed BTC above $63,000. On-chain data reveals that confidence may be gradually returning to digital assets following months of weakness, with analysts...
XRP Network Activity Surges 72% as Token Holds $1 Support
XRP’s daily active addresses have surged 71.7% over the past two weeks to exceed 39,500 users, signaling a sharp revival in network participation even as the token’s price remains subdued near the $1 support level. The divergence between climbing on-chain activity and stagnant price action suggests accumulation may be underway, while Ripple’s ecosystem continues expanding...
XRP Escrow Unlock Meets ETF Outflows as July Seasonality Approaches
Ripple’s July 1 escrow unlock of 1 billion XRP has arrived at a critical inflection point: while the token faces its weakest technical levels since late 2024, institutional on-chain accumulation and ETF demand are signaling conviction that contradicts the sharp 20 percent June selloff. The divergence between whale buying and price weakness, combined with delayed...
Bitcoin Crashes to 2026 Lows as Record ETF Outflows Accelerate
Bitcoin has collapsed to new 2026 lows below $59,000, triggering a capitulatory flush of leveraged long positions and marking the steepest monthly decline in nearly two years. The market is now displaying extreme fear signals and technical breakdowns that threaten further downside toward the $42,000 level, even as some corporate entities continue accumulating at depressed...
XRP ETF Inflows Hit 8-Week Streak as Network Activity Surges 72%
XRP has entered a critical consolidation phase marked by institutional accumulation and expanding on-chain activity, even as price remains locked below key technical resistance. Eight consecutive weeks of spot ETF inflows totaling approximately $1.47 billion, paired with a 72 percent surge in daily active addresses over just two weeks, signal underlying strength that has not...
XRP Slumps Below $1.13 Support Amid xrpld Software Glitches
XRP has fallen below a critical technical support level at $1.13 following a software release that sparked network stability concerns across the XRP Ledger community. The 3.33% decline over the past 24 hours underperforms a weakening broader cryptocurrency market, with heavy liquidations in derivatives markets amplifying selling pressure despite strong institutional ETF inflows. The Technical...