Invest ideasNews
9 Jun 2026, 11:39
XRP on the cusp of largest buying zone: Is $3 next?
As XRP attempts to hold above the critical $1 support level, an analyst has suggested the cryptocurrency may be approaching its most significant buying zone in nearly eight years. At current prices, XRP is once again testing a long-term ascending support trend line that has historically preceded major rallies. According to an analysis shared by Ali Martinez on X on June 9, every touch of this rising support line since 2018 has marked a major market bottom, with XRP subsequently advancing toward the $3 resistance level. $XRP has repeated the same pattern for 8 years… And it might be about to do it again. https://t.co/aFHyt1Wdo1 pic.twitter.com/rIC8oMXBU1 — Ali Charts (@alicharts) June 9, 2026 The latest XRP monthly chart shows the asset moving back toward the trend line, highlighting a key support zone between $0.70 and $0.90. Key XRP price levels to watch The setup is attracting attention from traders searching for the next XRP price prediction, as a successful defense of this area could pave the way for another move higher. The long-term trend line has guided XRP’s price structure for most of the past decade, with previous tests in 2020, 2024, and other major market lows followed by strong recoveries. If buyers defend the $0.70-$0.90 zone, the chart suggests XRP could rebound toward the $3.32 resistance level. The primary XRP price prediction remains a return to $3, with $3.32 representing a critical long-term resistance. A rally from the projected buying zone to that target would imply gains of more than 150%. Should XRP break above its multi-year resistance, the bullish case strengthens considerably. The outlook identified the next macro targets between $8.37 and $13.57, which represent the next major resistance levels on the monthly timeframe. XRP price analysis By press time, XRP was trading at $1.15, up 0.4% over the past 24 hours but down 9% on the weekly chart. XRP seven-day price chart. Sources: Finbold Despite the bullish long-term outlook, XRP’s technical indicators continue to signal near-term weakness. The cryptocurrency remains below its 50-day simple moving average ( SMA ) of $1.36 and 200-day SMA of $1.61, indicating that sellers retain control of the medium- and long-term trend. Meanwhile, XRP’s 14-day Relative Strength Index ( RSI ) stands at 31.25. Although still in neutral territory, the indicator is approaching the oversold threshold of 30, suggesting selling pressure may be easing. This could support a technical rebound, though the broader outlook remains bearish until XRP reclaims its 50-day and 200-day moving averages. The post XRP on the cusp of largest buying zone: Is $3 next? appeared first on Finbold .
9 Jun 2026, 11:30
The Higher Bitcoin Goes, The Less Institutions Want It? Coinbase Executive Weighs In
Institutions that bought Bitcoin at $100,000 and $125,000 are showing even greater interest now that prices have dropped to around $60,000, according to Coinbase Head of Institutional Strategy John D’Agostino. He made the remarks in a recent interview with CNBC, as Bitcoin trades around $63,500 after a sharp pullback last week. No Sign Of Panic Selling Among Big Players D’Agostino said he is unaware of any major institutional investor facing dangerous levels of leverage or imminent liquidation risk. Rather than cutting exposure, many large holders are reportedly looking to raise additional capital and expand their Bitcoin positions. Family offices, sovereign wealth funds, and government investment entities in the Middle East are among those viewing the recent correction as a chance to buy at lower prices, D’Agostino said. He noted that institutions have spent years studying Bitcoin and tend to grow more interested as prices fall, not less. The backdrop to all this is a Bitcoin market that turned sharply lower over the past week. The asset dropped to around $59,500 after trading above $70,000 just days earlier, before recovering above $63,000. ETF Exposure Holds Despite The Drop Despite the steep decline, investors have kept more than $750 billion in exposure through spot Bitcoin ETFs , according to D’Agostino. Retail participation has dipped only slightly. “I think both retail and institutional are signaling this is a long-term asset you want to hold,” he said during the interview. CNBC host Joe Kernen raised several factors that may have contributed to the pullback — among them a risk-off environment, capital rotation into other assets, elevated interest rates, and slower-than-expected progress on regulatory clarity. D’Agostino acknowledged these concerns are widely cited by market participants, but argued that price swings are normal for an asset class that behaves like a commodity. Geopolitical Uncertainty Adds To The Pressure He also addressed geopolitical headwinds , including tensions involving Iran and uncertainty surrounding the Strait of Hormuz , saying Bitcoin’s long-term investment case remains intact despite those pressures. The improved market infrastructure and evolving regulatory framework, he added, make the current environment stronger than it was during previous downturns. Bitcoin was trading at $63,841 at the time of publication, up 3.4% over the prior 24 hours, based on data from Coingecko. Featured image from Silas Stein/picture alliance via Getty Images, chart from TradingView
9 Jun 2026, 11:30
Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to Buy Bitcoin at a Discount
Coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop up the asset at a discount. Why Institutions Aren’t Flinching at Sub-$60K Bitcoin As bitcoin tumbled toward its lowest levels of the year, John D’Agostino, Coinbase’s head of
9 Jun 2026, 11:27
XRP price bounces near $1.15, but bears still control the bigger trend
Ripple's XRP is trading around $1.15 on Tuesday, up by 1% in the last 24 hours as risk appetite showed early signs of a return in the cryptocurrency market. The rebound comes despite muted ETF inflows since the start of the week. Most cryptocurrencies remain under pressure following a brief weekend recovery, with investors closely monitoring escalating tensions in the Middle East. Retail traders gradually return to XRP derivatives XRP is up by 1% in the last 24 hours as the XRP derivatives markets are showing signs of renewed participation from retail traders. Perpetual futures Open Interest (OI) climbed to approximately $2.44 billion on Tuesday, up from $2.28 billion. The increase suggests traders are slowly returning to the market and adding exposure despite elevated uncertainty. While the increase in OI remains minor, it indicates growing speculative interest that could provide short-term support if broader market conditions stabilize. However, institutional demand has been muted since the start of the week. Data obtained from CoinGlass ETF page revealed that there was no inflow into XRP ETFs on Monday. XRP ETFs recorded net inflows of $2.62 million last week through Friday, marking the fifth consecutive week of positive flows. Currently, the cumulative inflows stand at approximately $1.43 billion, while total net assets stand at roughly $928 million. The continued inflow trend suggests that long-term investors remain interested in XRP despite ongoing market volatility. XRP price analysis: Bears still control the trend The XRP/USD 4-hour chart is bearish as the coin lost 8% of its value in the last seven days. At press time, XRP is trading at $1.15, below the 50-day EMA at $1.33, 100-day EMA at $1.41, and the 200-day EMA at $1.63. The momentum indicators also suggest that the bearish trend is declining. The Relative Strength Index (RSI) sits at 51 on the 4-hour chart, above the neutral zone. Meanwhile, the Moving Average Convergence Divergence (MACD) histogram is approaching the zero line, highlighting a growing bullish momentum. Together, these indicators suggest sellers still maintain control of the broader trend, but the buyers are wrestling for control. If the recovery persists, the bulls would encounter immediate resistance at $1.26, with another major one at $1.33. A daily candle close above this level could allow XRP to extend its rally towards the 200-day EMA at $1.63. A breakout above these levels would be required to improve the medium-term outlook and challenge the prevailing bearish structure. However, if the bearish trend resumes, RP could revisit support around $1.05. A break below that level would place the psychologically important $1.00 support zone under renewed threat. While rising futures activity and continued ETF inflows indicate improving investor interest, XRP remains trapped beneath multiple resistance barriers. Unless market sentiment improves and buyers reclaim key technical levels, XRP’s broader trend is likely to remain bearish despite the current rebound. The post XRP price bounces near $1.15, but bears still control the bigger trend appeared first on Invezz
9 Jun 2026, 11:25
Traders Grow Skeptical on CLARITY Act Passage Before August as Odds Slide
BitcoinWorld Traders Grow Skeptical on CLARITY Act Passage Before August as Odds Slide Prediction market traders are increasingly doubtful that the CLARITY Act will pass before August, according to data from Polymarket and Kalshi. The shift in sentiment reflects a growing recognition that legislative momentum may be slowing, even as the broader outlook for the bill’s passage this year remains intact. Odds Decline Across Major Platforms On Polymarket, the probability of the CLARITY Act passing before August fell from 62% on June 3 to 51% on June 8 — a drop of 11 percentage points in just five days. The decline was steeper on Kalshi, where the same probability fell from 39.7% to 22.1% over the same period, a reduction of more than 17 percentage points. While the near-term outlook has weakened, the odds of the bill passing by 2027 on Kalshi saw only a modest decline, moving from 52.1% to 51.5%. This suggests that traders still see a reasonable chance of eventual passage, but they no longer expect swift approval. What the Data Signals The divergence between the short-term and long-term probabilities is a key signal. It indicates that market participants are pricing in legislative delays — possibly due to procedural hurdles, competing priorities in Congress, or unresolved disagreements over the bill’s provisions — rather than a fundamental loss of support for the legislation itself. Prediction markets are increasingly used as real-time barometers of political and regulatory outcomes. While not infallible, the aggregated probability shifts provide a useful snapshot of how informed participants view the likelihood of near-term legislative action. Why This Matters for the Crypto Industry The CLARITY Act is widely seen as a significant piece of crypto regulatory legislation. Its passage would provide clearer guidelines for digital asset classification and oversight, potentially reducing regulatory uncertainty for businesses and investors. A delay could prolong the current state of ambiguity, affecting everything from compliance planning to institutional adoption. For market participants, the declining odds serve as a reminder that legislative timelines are often unpredictable. Traders and companies alike may need to adjust their expectations and strategies accordingly. Conclusion The drop in prediction market odds for the CLARITY Act’s passage before August reflects growing trader skepticism about the speed of legislative progress. While the bill’s long-term prospects remain relatively stable, the near-term outlook has dimmed. The data underscores the importance of monitoring real-time market signals for insights into regulatory developments. FAQs Q1: What is the CLARITY Act? The CLARITY Act is a proposed U.S. bill aimed at clarifying the regulatory status of digital assets, including which federal agencies have authority over different types of cryptocurrencies. Q2: How accurate are prediction markets for legislative outcomes? Prediction markets aggregate the beliefs of informed participants and have historically shown reasonable accuracy for political and legislative events, though they are not guarantees and can be influenced by limited liquidity or sudden news. Q3: Why did the odds drop so quickly? The sharp decline likely reflects new information or shifting sentiment among traders about the likelihood of the bill advancing through Congress before the August recess, possibly due to competing legislative priorities or procedural delays. This post Traders Grow Skeptical on CLARITY Act Passage Before August as Odds Slide first appeared on BitcoinWorld .
9 Jun 2026, 11:22
Short term losses reach double digits in major crypto assets! What is the new signal investors are tracking?
📉 Double digit losses on the 30 day MVRV hit $BTC and top altcoins. 🔍 Santiment flagged strong buy signals as sellers exit the market. ⚡ Early signs of rebound seen after a sharp correction in major assets. Continue Reading: Short term losses reach double digits in major crypto assets! What is the new signal investors are tracking? The post Short term losses reach double digits in major crypto assets! What is the new signal investors are tracking? appeared first on COINTURK NEWS .
