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With the weekend crypto trading in sight, crypto traders are bracing for volatility. Bitcoin remains range-bound, but shows subtle signs of accumulation. Meanwhile, major altcoins like Chainlink, XRP, SHIB, Toncoin, and Worldcoin appear to be clinging to support levels. Let’s break down where these charts are headed and what smart weekend traders should watch. Weekend Crypto Trading: Is Bitcoin Poised for a Weekend Breakout? BTC/USD Daily Chart- TradingView Bitcoin (BTC) is trading at $104,575, still below the short-term resistance at $104,891. Price has been supported firmly by the 50-day SMA at $100,785. The recent candles show a slight bullish bias, and if BTC closes above $105,000, it could signal a push toward $110,000. If we take the range between the local high ($115,000) and low ($100,000), that’s a $15,000 range. A 50% retracement puts resistance at $107,500. A breakout above that level could test the previous high at $115,000 this weekend. However, volume is still thinning. If Bitcoin closes below $100,785, it could test the 100-day SMA around $92,464. Until then, bulls still have the upper hand. XRP Weekend Prediction: Will Bulls Defend $2? XRP/USD Daily Chart- TradingView XRP is currently trading at $2.16, holding just above the key support at $2.00. It’s sandwiched between the 50-day SMA ($2.26) and the 100-day SMA ($2.24), showing a tight squeeze that typically precedes a breakout. Price action suggests a descending triangle pattern, with horizontal support at $2.00 and falling highs. If $2 breaks, XRP could quickly drop to $1.80 or even $1.60, based on Fibonacci extensions. However, if XRP manages to break above $2.18, it can attempt a move back to $2.40—a 10% weekend gain is not impossible. But bulls must step up now. SHIB Price Prediction: Breakdown Risk Ahead? SHIB/USD Daily Chart- TradingView Shiba Inu (SHIB) is stuck at $0.00001254, with…

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Filed under: News - @ June 7, 2025 6:25 am