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24 Feb 2026, 10:15
XRP faces drop below $1 as whales prepare to dump over 30 million tokens

XRP is likely to see further losses in the coming sessions as the asset’s whales signal potential selling pressure. In this regard, on-chain data indicates that more than 31 million XRP tokens flowed into Binance in a single day, with the surge driven almost entirely by large holders, according to CryptoQuant data shared on February 24. XRP Ledger exchange flows. Source: CryptoQuant The spike in exchange inflows suggests whales may be preparing to sell, increasing the risk of renewed downside pressure that could push XRP below the key $1 level. On February 21, XRP Ledger data showed deposits into the exchange exceeding 31 million XRP, driven almost entirely by wallets holding between 100,000 and 1 million XRP and over 1 million XRP. Retail participation was minimal, confirming the move was whale-led rather than broad-based. In the preceding days, inflows were relatively subdued. February 15 and 17 saw limited activity, while February 16 recorded a moderate increase, largely from 1 million-plus XRP holders, still far below the February 21 spike. Activity briefly rose on February 18 before easing again on February 19 and 20, when the price hit a short-term low. What’s next for XRP Historically, sharp whale inflows to exchanges have preceded volatility, as large transfers often signal intent to sell. If even part of the 31 million-plus XRP is offloaded, it could amplify selling pressure while the asset struggles to reclaim higher levels. This grim picture comes as XRP continues to trade in a volatile state, with recent losses tied to broader market sentiment led by Bitcoin ( BTC ). Despite the price pressure, positive developments persist, including Ripple’s planned 2026 XRPL upgrades to enhance tokenized assets and institutional features, alongside recent institutional products such as Japan’s SBI Holdings issuing blockchain-based bonds with XRP rewards. XRP price anaysis As of press time, XRP was trading at $1.33, well below both its 50-day SMA ($1.75) and 200-day SMA ($2.29). XRP seven-day price chart. Source: Finbold This positioning signals a clear bearish structure, considering that when price trades below the 50-day average, it reflects short- to medium-term weakness. Sitting beneath the 200-day average reinforces a longer-term downtrend. The wide gap between the current price and both moving averages suggests sustained selling pressure rather than a brief pullback. Meanwhile, the 14-day RSI stands at 36.85, which is in neutral territory but leaning toward oversold conditions. While it has not yet dipped below 30, it indicates weakening momentum and reduced buying strength. Featured image via Shutterstock The post XRP faces drop below $1 as whales prepare to dump over 30 million tokens appeared first on Finbold .
24 Feb 2026, 10:15
Bitcoin RSI Plunges to Historic 25.6: Unprecedented Oversold Signal Sparks Critical Market Analysis

BitcoinWorld Bitcoin RSI Plunges to Historic 25.6: Unprecedented Oversold Signal Sparks Critical Market Analysis In a stunning technical development that has captured global cryptocurrency attention, Bitcoin’s weekly Relative Strength Index (RSSI) has plummeted to an unprecedented 25.6, marking the most oversold condition in the digital asset’s entire trading history. This remarkable milestone, first highlighted by Coin Bureau CEO Nic Puckrin through his analysis of the BTC/USD pair on Bitstamp, represents a watershed moment for market analysts and investors worldwide. The current reading not only surpasses previous crisis levels but also signals potential market dynamics that could shape Bitcoin’s trajectory through 2025 and beyond. Bitcoin RSI Reaches Historic Oversold Territory The Relative Strength Index, developed by J. Welles Wilder in 1978, serves as a momentum oscillator measuring the speed and change of price movements. Traditionally, readings below 30 indicate oversold conditions, while readings above 70 suggest overbought markets. However, Bitcoin’s descent to 25.6 on the weekly timeframe establishes a new benchmark for extreme market sentiment. This development becomes particularly significant when considering the historical context of previous market crises. Nic Puckrin’s analysis reveals that the current RSI reading falls below levels recorded during several major cryptocurrency market events: Terra/Luna Collapse (May 2022): The ecosystem collapse that erased approximately $40 billion in market value Three Arrows Capital Crisis (June 2022): The hedge fund’s implosion that triggered widespread contagion FTX Bankruptcy (November 2022): The exchange collapse that shook institutional confidence COVID-19 Market Crash (March 2020): The pandemic-induced global financial panic Technical analysts emphasize that weekly RSI readings provide more reliable signals than daily measurements because they filter out short-term market noise. The extended timeframe offers a clearer picture of sustained market trends and investor sentiment. Consequently, the current reading suggests a fundamental shift in market dynamics rather than temporary volatility. Understanding RSI Mechanics in Cryptocurrency Markets The Relative Strength Index calculates momentum by comparing recent gains to recent losses over a specified period, typically 14 days for standard settings. The formula generates values between 0 and 100, with the 30 and 70 levels serving as traditional boundaries for oversold and overbought conditions respectively. However, cryptocurrency markets often exhibit more extreme volatility than traditional financial markets, requiring adjusted interpretations of these signals. Several factors contribute to the significance of Bitcoin’s current RSI reading: Bitcoin RSI Historical Comparison Market Event Weekly RSI Low Subsequent 6-Month Performance Current Reading (2025) 25.6 To be determined Terra/Luna Collapse 27.8 +18% recovery Three Arrows Capital 28.3 +22% recovery FTX Bankruptcy 29.1 +85% recovery COVID-19 Crash 26.4 +160% recovery Market technicians note that extreme RSI readings often precede significant trend reversals, though timing remains challenging to predict. The indicator measures momentum rather than price direction, meaning oversold conditions can persist during extended bear markets. However, historical data suggests that readings below 30 on weekly charts frequently correspond with intermediate-term buying opportunities. Expert Analysis and Market Implications Nic Puckrin’s observation carries particular weight given his platform’s reach of approximately 2.73 million subscribers and his established reputation in cryptocurrency education. His analysis emphasizes that while further price declines remain possible, the extreme RSI reading increases the probability of a market bottom formation. This perspective aligns with traditional technical analysis principles that view extreme readings as potential reversal signals. Several market dynamics contribute to the current oversold condition: Institutional Positioning: Large investors have reduced exposure amid regulatory uncertainty Market Sentiment: Fear dominates trading psychology despite improving fundamentals Technical Factors: Multiple support levels have failed during the recent decline Macroeconomic Environment: Rising interest rates and inflation concerns affect risk assets Seasoned analysts caution that RSI readings alone should not dictate investment decisions. Instead, they recommend considering additional technical indicators, fundamental factors, and market structure analysis. The convergence of multiple signals provides stronger evidence than any single indicator in isolation. Historical Context and Previous Market Cycles Bitcoin has experienced several major bear markets since its inception, each characterized by distinct technical patterns and recovery trajectories. The 2014-2015 bear market saw prices decline approximately 86% from peak to trough, while the 2018 correction involved an 84% drawdown. The current market phase, while significant in RSI terms, remains within historical parameters for cryptocurrency volatility. Previous extreme RSI readings have typically coincided with: Increased accumulation by long-term investors Reduced exchange balances as holders move to cold storage Declining trading volume as speculative activity diminishes Media narratives shifting from hype to skepticism Market historians note that cryptocurrency cycles often follow patterns of euphoria, denial, fear, and capitulation. The current RSI reading suggests the market may be approaching the latter stages of this emotional progression. However, each cycle exhibits unique characteristics influenced by evolving market structure, regulatory developments, and technological advancements. Risk Considerations and Market Realities While extreme RSI readings often signal potential turning points, they do not guarantee immediate reversals. Markets can remain oversold for extended periods during structural bear markets. Several factors could prolong the current condition: Regulatory Developments: Unfavorable policy decisions could extend market uncertainty Macroeconomic Pressures: Persistent inflation or recession could suppress risk appetite Technical Breakdowns: Failure of key support levels could trigger additional selling Market Structure Changes: Evolving derivatives markets affect spot price dynamics Professional traders typically employ risk management strategies when trading oversold signals, including position sizing, stop-loss placement, and portfolio diversification. They recognize that technical indicators provide probabilities rather than certainties, requiring disciplined execution regardless of signal strength. Conclusion Bitcoin’s descent to a 25.6 weekly RSI reading represents a historic technical development with significant implications for cryptocurrency market participants. This unprecedented oversold condition, confirmed through analysis of the BTC/USD pair on Bitstamp, suggests extreme market sentiment that has historically preceded important trend changes. While further volatility remains likely, the current Bitcoin RSI reading provides valuable data for investors navigating complex market conditions. As always, comprehensive analysis incorporating multiple technical indicators, fundamental factors, and risk management principles offers the most robust framework for investment decision-making in dynamic cryptocurrency markets. FAQs Q1: What does a 25.6 RSI reading mean for Bitcoin? The 25.6 weekly RSI indicates Bitcoin is in its most oversold condition ever recorded, suggesting extreme selling pressure that has historically often preceded market recoveries, though timing remains uncertain. Q2: How reliable is RSI as a cryptocurrency indicator? RSI provides valuable momentum information but works best alongside other indicators. Weekly readings generally offer more reliable signals than daily measurements by filtering short-term noise in volatile cryptocurrency markets. Q3: Has Bitcoin’s RSI been this low before? No, the current 25.6 reading establishes a new historic low, falling below levels seen during previous major market crises including the Terra/Luna collapse and Three Arrows Capital implosion. Q4: Does an oversold RSI guarantee a price rebound? No technical indicator guarantees price movements. Extreme readings increase reversal probabilities but markets can remain oversold during extended bear trends, requiring additional confirmation from other indicators. Q5: How should investors respond to this RSI signal? Investors should consider the RSI reading within a comprehensive strategy including fundamental analysis, risk management, and portfolio diversification rather than making decisions based solely on one technical indicator. This post Bitcoin RSI Plunges to Historic 25.6: Unprecedented Oversold Signal Sparks Critical Market Analysis first appeared on BitcoinWorld .
24 Feb 2026, 10:06
Bitcoin Falls Below $63,000: Can Anything Stop the Downward Rot? – BTC TA February 24, 2026

Bitcoin briefly fell under $63,000 early on Tuesday following another corrective leg down that lopped off 8.6% from the price. With the local low at around $60,200, the $BTC price is not far from a cliff edge that leads all the way down to $53,000. Will Bitcoin go over? $BTC price oversold but still falling Source: TradingView For those trying to hold onto their Bitcoin it must feel like the most obvious course of action is to sell. Price action is such that we are coming to the point where only the absolute diehards are still clinging on. The 4-hour time frame chart reveals that this morning’s low matched up with the 6 February candle body low, so perhaps this signals a local bottom for the time being. Talking of bottoms, it can be seen that the $BTC price has gone sideways since that almost $60,000 low. Could this be a sign that a bear market bottom is starting to build out? Or is this just a pause in order for the market to absorb the rapid descent down to this level? At least for the short term, the $BTC price is starting to become oversold. There may well be room for a further price fall, and perhaps this would take $BTC down to a parallel with that $60,000 low ? If it does, this would be a double bottom and so would be likely to signal a bounce. Descending triangle breaks down as expected Source: TradingView The daily chart illustrates how a descending triangle broke to the downside as expected. The measured move out of this pattern would take the $BTC price to around $58,000, if the full extent of the move plays out. It must also be noted that the full measured move out of the bear flag is even further down at $53,000. With the very bearish sentiment that is prevailing, dropping down to this level certainly remains a possibility. Which support level will mark the bottom? Source: TradingView At which of the orange support lines will the bottom be in for Bitcoin? Could it be at $60,000, which would match the last low at the beginning of February, and the first of the bull market highs in 2021? What about $53,000? This has good support for the 8-month bull flag in 2024. Then there is $40,000, which has also played support and resistance in 2021 and into the end of 2023? Or how about $30,000, unlikely as it might sound, but at least a proper 76% correction that comes in line with previous bear markets? No one knows how far down this correction will go. However, one thing that is likely is that when the $BTC price turns back up, it will be at a point of absolute capitulation. Are we nearing that now? Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
24 Feb 2026, 10:00
Stablecoin Slowdown Squeezes Bitcoin Liquidity

Stablecoin growth has stalled, leading to renewed concerns over liquidity in crypto markets. The slowdown is linked to capital outflows, affecting Bitcoin’s price performance and resilience. Continue Reading: Stablecoin Slowdown Squeezes Bitcoin Liquidity The post Stablecoin Slowdown Squeezes Bitcoin Liquidity appeared first on COINTURK NEWS .
24 Feb 2026, 10:00
Bitcoin Positioned For More Pain Following Weekly Close Below This Critical Level

After closing the week below a crucial support level, Bitcoin (BTC) has fallen below the $65,000 support for the first time since the early February crash, reaching a two-week low of $64,152. Amid this performance, some analysts have warned that the flagship crypto could be on the “cusp of bearish acceleration,” warning that another major crash could be around the corner. Related Reading: Bitcoin Mirrors Software Stocks More Than Any Other Market — Here’s Why Bitcoin Loses The 200-Week EMA On Monday, analyst Rekt Capital highlighted that Bitcoin produced a “historically pivotal” development after closing last week below the 200-week Exponential Moving Average (EMA), which currently sits “at the center of a major confluence zone.” Notably, the 200-week EMA aligns with BTC’s Post-Halving Re-accumulation Range highs, located between $66,000-$71,000. Meanwhile, the Post-Halving Re-accumulation Range lows, around the $58,000-$60,000 levels, define the broader structure of BTC’s current range. Over the past three weeks, the cryptocurrency attempted to develop a demand region around this area, which was previously a major supply area. However, this level hasn’t historically been a structurally reliable support for BTC’s price, the analyst asserted, noting that it has previously acted as a 10-month resistance. “In the current structure, we have seen three consecutive weeks of elevated sell-side volume in this region, with limited meaningful buy-side response,” he explained. Per the post, this imbalance has led to a weekly close below the 200-week EMA, losing it as support in this timeframe. This suggests that a “continuation of Bearish Acceleration into its second wave” could follow soon. The analyst cautioned that now that price has closed the week below this critical level, there is a “strong probability that Bitcoin presses back toward the underside of that EMA to attempt turning it into new resistance.” If the underside retest holds, the structure would shift from defending the support to confirming the resistance at this level. He warned that if that level begins to act as resistance, downside continuation will become increasingly probable. BTC’s Bottom Targets $30,000 Rekt Capital also noted that BTC’s recent performance aligns closely with its price action in prior cycles. As he detailed, in 2018 and 2022, a weekly close below the 200-week EMA acted as a structural trigger to the second wave of bearish acceleration. “Bitcoin would attempt to reclaim the level, turn it into resistance, and then dissipate lower. That pattern is now attempting to replicate itself,” he asserted. Similarly, Ali Martinez pointed to the cryptocurrency’s historical performance, but on the three-day chart, affirming that this has been one of BTC’s key timeframes from a macro perspective. According to Martinez’s post, market observers must watch the upcoming interaction of the 50-day and 200-day Simple Moving Averages (SMAs), as the crossover between these two indicators on the three-day timeframe has historically preceded the final leg down of the bear market. Bitcoin dropped around 50%-72% from its 2013, 2017, and 2021 cycle tops before its death crosses took place in late 2014 and 2018, and mid 2022. Following the 50-day and 200-day SMAs crossovers, the flagship crypto experienced another 45%-52% decline. Related Reading: Investors In Trump Family Memecoins Record $4.3 Billion In Losses As Tokens Sink Now, BTC has fallen more than 52% from its October 2025 peak and is approaching a potential death cross on the three-day chart by the end of February. “If history repeats — even partially — this could signal the beginning of the final leg down of this cycle,” the analyst warned. Based on this, Martinez predicted that another 30%-50% correction from current levels could follow, placing the cryptocurrency’s target near the $30,000-$40,000 supports. “If the cross confirms, it becomes a level to take very seriously,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com
24 Feb 2026, 09:58
Bitcoin Price Today: BTC Crashes Below $63K, $700M Wiped Out

Bitcoin tumbled below 63,000 dollars today , deepening a month‑long correction and triggering another wave of leveraged liquidations across the crypto market. The move comes as risk appetite deteriorates on the back of fresh tariff headlines and broader macro uncertainty weighing on speculative assets. Bitcoin price and liquidations During Asian trading hours, BTC briefly slipped under 63,000 dollars and was last seen hovering just above that level, down around 7 percent on the week and trading near prices last visited in early February when the market almost tested 60,000 dollars. The drop extends a broader drawdown that has already erased nearly half of Bitcoin’s value since its October 2025 peak above 120,000 dollars. The downside move was amplified in derivatives markets, where crowded long positioning has been steadily building. Over the past 24 hours, forced liquidations across major exchanges reached roughly 370 to 380 million dollars, with the majority coming from long positions being wiped out as prices accelerated lower. Recent data shows that in similar sell‑offs this year, long liquidations have repeatedly accounted for the bulk of more than 600 million dollars in positions flushed from the system, underscoring how fragile highly leveraged bullish bets have become. Macro headwinds and sentiment Beyond market structure, macro headlines are adding pressure. A renewed wave of trade tensions, including a temporary 15 percent tariff move by the U.S. administration under President Donald Trump, has sparked a broader “risk‑off” tone across global markets, hitting both equities and crypto in tandem. At the same time, uncertainty around the economic impact of artificial intelligence and tighter policy responses has further undermined confidence in high‑beta assets like Bitcoin. Sentiment indicators reflect this shift. The Crypto Fear & Greed Index has slumped into “extreme fear” territory, a zone historically associated with capitulation phases in past cycles. With BTC now edging toward the psychologically important 60,000‑dollar support, several analysts warn that a decisive break below that area could open the door to a deeper correction toward the low‑50,000s. Altcoin prices under pressure Altcoins are following Bitcoin lower, though in a more orderly fashion. Ethereum is trading around 1,820 to 1,845 dollars today, down roughly 1 to 2 percent over the last 24 hours and slipping from its recent range highs as traders de‑risk. The second‑largest cryptocurrency remains far below its all‑time high near 4,950 dollars, leaving plenty of overhead resistance if risk sentiment fails to recover. High‑beta layer‑1 tokens like Solana and Cardano are also feeling the strain. Solana is changing hands near 77 to 78 dollars, down about 11 percent on the week and effectively revisiting its early‑2024 accumulation zone, while Cardano trades close to 0.26 dollars on rising volumes. Together with the broader market’s 1.6 percent slide over the past day, the picture is one of synchronized risk reduction rather than a Bitcoin‑only event. What traders are watching next Heading into the coming sessions, traders are closely monitoring whether Bitcoin can hold the 60,000‑dollar region, which many see as the next key battleground between bulls and bears. A stabilization of liquidations, a rebound in spot demand, and any easing in macro tensions would be early signs that the current flush is nearing exhaustion, while another spike in long wipe‑outs could quickly turn today’s slide into a deeper leg lower.







































