XRP: Emergency Price Break, Bitcoin (BTC): Losing $100,000 If This Breaks, New Ethereum (ETH) Height Next?
The post XRP: Emergency Price Break, Bitcoin (BTC): Losing $100,000 If This Breaks, New Ethereum (ETH) Height Next? appeared on BitcoinEthereumNews.com.
Bitcoin gets pushed Ethereum does not forget $5,000 XRP’s recent surge has been one of the cryptocurrency market’s more promising periods, but the asset is currently at a crucial juncture, where momentum could start to wane. Following a significant upswing that saw the token rise above $3.50, XRP has since retreated into consolidation, and its current price centers on $3.00. The daily chart displays a symmetrical triangle pattern that indicates tightening conditions and an increasing likelihood of a breakdown. The technical image draws attention to a delicate equilibrium. While the 200-day EMA at $2.49 provides deeper support, XRP is still holding above its 100-day EMA at $2.76. However, it is evident that buyers are losing steam when they consistently fail to push past $3.20. Despite showing indecision, the Relative Strength Index (RSI) is still neutral at 48, allowing for additional declines. Should the price close below $2.90, the structure might break down, leaving XRP vulnerable to losses that could negate a large portion of its recent gains. XRP/USDT Chart by TradingView Trends in volume increase caution. Since the July rally, trading activity has significantly slowed, and the absence of significant inflows points to waning interest. Sentiment could move from consolidation to correction if the symmetrical triangle breaks to the downside in the absence of fresh buying pressure. The larger story of XRP’s recovery has not entirely vanished, though. Even though a reversal is still possible, XRP is still far above its spring levels, and the fact that it has regained the 200-day EMA for the first time in years shows that it is resilient over the long run. But when buyers are unable to maintain higher highs, momentum-driven rallies often stall, and XRP’s current configuration appears to be one of those times. Bitcoin gets pushed The market’s path into September…
Filed under: News - @ August 28, 2025 5:25 am