Analysis Crypto by Thebittimes.Com

XRP could be on track for a major breakout if it clears a key technical resistance level that has capped gains for years. According to cryptocurrency analyst Ali Martinez in an X post on September 5, XRP has been forming a massive ascending triangle pattern on the monthly chart for nearly a decade, with the critical breakout level sitting at $3.66. The analyst argued that a monthly close above $3.66 would confirm the breakout and potentially activate a long-term price target of $60. XRP price analysis chart. Source: Ali Martinez Such a move would rank among the largest rallies in XRP’s history and could significantly reshape the cryptocurrency’s market position. The Analysis shows XRP steadily forming higher lows since 2017 while repeatedly encountering resistance near the $3.66 level.  This has created a large ascending triangle, a pattern widely regarded as bullish once resistance is decisively broken. XRP key price levels to watch...

Bitcoin’s (BTC) daily Relative Strength Index (RSI) has climbed above 80, marking its most overbought reading since November 2024. The move follows a ferocious multi-day rally that lifted the cryptocurrency from the low $60,000s to nearly $80,000, with the latest RSI reading signaling that a short-term pullback may be possible. The rapid ascent began on August 19; Bitcoin gained more than 7% to approximately $69,300. The following session added another 5%, pushing the asset above $73,000. On August 21, BTC surged roughly 7% more, briefly testing levels not seen in months. In less than a week, Bitcoin advanced more than 20%, reclaiming key moving averages (MA), including the 200-day level near $69,000. By press time, BTC was trading at $77,037, up almost 2% in the last 24 hours and 22% over the past week. Bitcoin seven-day price chart. Source: Finbold BTC’s in danger of retreating  Following the rally, Bitcoin’s 14-day RSI stood at 85.99, firmly in overb...

Ripple’s XRP token has found substantial footing at the $1 price level. Despite bearish forces being in control, XRP has refused to fall below the $1 mark, except for a brief moment on August 11. This is in stark contrast to the previous bear cycle when XRP was trading consistently below the $0.50 level. The strong support at the $1 price level is likely due to a large number of people purchasing the asset at around this price level after Ripple’s lawsuit with the SEC came to a close last year. While XRP is significantly higher than its previous bear cycle, let’s discuss why buying at $1 could be the perfect entry point. Buying XRP At $1 Is The Perfect Entry: Here’s Why Source: TradingView We may be at the bottom of the bear market right now. Bitcoin (BTC) is at its cost of production zone, which has historically been the bear market bottom. It is possible that BTC will slowly make an upward push from here on. BTC is the market leader and other assets tend to fol...

The cryptocurrency market continues its lackluster performance as we enter November 2025. Bitcoin (BTC) is struggling to gain momentum and is trading in the red zone across nearly all time frames. According to CoinGecko, the original crypto is down 2.5% in the last 24 hours, 6.6% in the last week, 2.5% in the 14-day charts, and 12.2% over the previous month. October, once considered a bullish month for crypto, has gone the other way around in 2025. Given the current market environment, it would appear there is no recovery in sight for Bitcoin (BTC) or the larger crypto market. Source: CoinGecko When Will Bitcoin Enter a Recovery Phase? Bitcoin bull market with green upward arrow – Source: Bitcoinmagazine The current market environment is quite surprising. The Federal Reserve lowered interest rates by an additional 25 basis points after its October meeting. Interest rate cuts often lead to Bitcoin (BTC) and other cryptocurrencies rallying as borrowing becomes easier and investors t...

Yesterday’s $11 million hack of bitcoin (BTC) bridge Garden was met with little sympathy from the crypto community, following allegations of its profiting from the proceeds of other hacks. Acknowledging the incident, the team insisted that the protocol itself wasn’t hacked. Instead, one of its “solvers” was compromised, with losses “limited to the solver’s own inventory.” However, on-chain evidence points to the solver being run by the Garden team and blockchain investigators have accused the team of attempting to “downplay the incident” in order to appear “decentralized.” we’ve detected a compromise involving one of garden’s solvers. the app is temporarily offline while we complete a full investigation. the impact is limited to the solver’s own inventory — user funds and garden protocol are not at risk. we’ll share updates as soon as we have… — Garden (@gardenfi) October 30, 2025 Read more: DeFi projects under fire for inflated TVL and murky ...

A total of 65.9 billion Shiba Inu tokens were burned on Thursday and removed from circulation, according to the latest data on Shibarium. This takes the total burn rate to 1.38 billion tokens since the layer-2 network was launched in August 2023. Despite sending close to 66 billion SHIB tokens to the dead wallet, the dog-themed token’s price has remained lifeless in the charts. It is still trading with five zeroes with little to no action, testing the patience of investors. Also Read: Shiba Inu Chances To Grow: 35% Rally Fueled By Token Burn Why Is Shiba Inu Not Rising Despite Billions of Tokens Being Burned? Source: Watcher Guru Shiba Inu is not surging in value because the billions of tokens sound big, but are meager when compared to the price value. To keep it in context, the 65.9 billion tokens that were sent to the dead wallet are worth only $65,000. In the cryptocurrency market, this amount is worth nothing and is like a small fish in the ocean. If millions of dollars worth ...