Invest ideasNews
20 Apr 2026, 06:15
EUR/JPY Forecast: Bulls Charge as Pair Tests Critical 187.00 Resistance
BitcoinWorld EUR/JPY Forecast: Bulls Charge as Pair Tests Critical 187.00 Resistance The EUR/JPY currency pair, a key barometer of Eurozone and Japanese economic sentiment, is challenging the significant 187.00 resistance level in early 2025 trading. This pivotal test follows a sustained bullish phase, drawing intense scrutiny from institutional desks and retail traders globally. Market participants are now analyzing whether this momentum can catalyze a decisive breakout or trigger a technical reversal. Consequently, the outcome at this level will likely dictate the cross’s trajectory for the coming quarter, influenced by diverging central bank policies and shifting global risk flows. EUR/JPY Technical Analysis: Decoding the 187.00 Resistance Test Technical charts reveal the 187.00 level as a formidable barrier. This price point previously acted as both support and resistance throughout late 2024, creating a high-volume concentration zone. The pair’s current approach is characterized by ascending higher lows, a classic sign of underlying bullish pressure. Key moving averages, including the 50-day and 200-day Exponential Moving Averages (EMAs), now trade well below the spot price, providing dynamic support. Furthermore, the Relative Strength Index (RSI) on the daily timeframe hovers near 65, indicating strong momentum without immediate overbought conditions. Several critical technical factors are currently in play: Volume Profile: The 186.80-187.20 range shows a significant volume peak, confirming its importance as a decision zone. Ichimoku Cloud: Price action trades firmly above the Senkou Span (cloud), confirming the broader bullish trend. Fibonacci Levels: The 187.00 area aligns closely with the 161.8% extension from a prior corrective wave, adding a harmonic confluence. Market analysts often monitor the Average True Range (ATR), which has expanded slightly, suggesting increased volatility around this key level. A daily close above 187.20 would technically confirm a breakout, potentially opening a path toward the 189.50 psychological handle. Fundamental Drivers: Central Bank Divergence and Economic Data The bullish bias in EUR/JPY is not merely a technical phenomenon. It is fundamentally anchored in the widening policy divergence between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB, having successfully navigated the post-inflation landscape, maintains a cautiously hawkish stance. Its focus has shifted toward sustaining growth while ensuring price stability. In contrast, the BoJ continues its patient approach toward policy normalization, maintaining ultra-accommodative settings to foster durable wage-price growth. This policy gap directly supports the Euro against the Yen. Expert Analysis on Macroeconomic Impacts According to analysis from major investment banks, the yield differential between German Bunds and Japanese Government Bonds (JGBs) remains a primary driver. As European yields hold steady or edge higher while Japanese yields remain anchored, the carry trade appeal of long EUR/JPY positions persists. Additionally, recent economic data prints have provided tailwinds. Eurozone PMI figures for Q1 2025 have consistently surprised to the upside, indicating resilient economic activity. Meanwhile, Japan’s latest Tankan survey reflected cautious business sentiment, reinforcing expectations for continued BoJ patience. The following table summarizes key comparative data points influencing the pair: Metric Eurozone (Latest) Japan (Latest) Impact on EUR/JPY Core Inflation (YoY) 2.1% 2.0% Neutral to Slightly Positive for EUR 10-Year Sovereign Yield 2.4% 0.8% Strongly Positive for EUR Manufacturing PMI 51.5 49.0 Positive for EUR Central Bank Guidance Data-Dependent, Hawkish Bias Accommodative, Dovish Bias Positive for EUR Risk sentiment also plays a crucial role. A stable or improving global risk environment typically weakens the Japanese Yen, which is often sought as a safe-haven currency. The current backdrop of contained geopolitical tensions and steady global growth has therefore removed a key support pillar for the JPY. Market Structure and Trader Positioning Commitments of Traders (COT) reports from major futures exchanges show asset managers and leveraged funds have built substantial net-long positions in EUR/JPY futures. This positioning reflects a strong institutional conviction in the bullish trend. However, some analysts caution that crowded positioning often precedes short-term volatility or corrections, especially at major technical junctures like 187.00. Options market data reveals increased demand for call options (bets on higher prices) with strikes at 188.00 and above, indicating traders are hedging for a potential breakout. Market microstructure analysis shows liquidity thinning around the 187.00 level. This condition can amplify price movements if the level is breached, potentially leading to a swift rally or a sharp rejection. Order flow data from electronic trading platforms indicates a cluster of sell-stop orders placed just above 187.20. A breach could trigger these orders, fueling an acceleration to the upside. Potential Scenarios and Price Targets Traders are primarily evaluating two scenarios. The bullish scenario involves a sustained break and daily close above 187.20. This outcome would likely target the 188.50 level initially, with an extension toward 190.00 becoming plausible if accompanied by supportive fundamentals. The bearish reversal scenario involves a rejection from the 187.00-187.20 zone, forming a clear bearish candlestick pattern like a shooting star or bearish engulfing. This could trigger a pullback toward initial support at 185.50 (the 20-day EMA) and potentially 184.00, the previous consolidation zone. Seasonal patterns also offer context. Historically, the first quarter has seen positive seasonal tendencies for EUR/JPY, aligning with the current bullish momentum. However, traders must remain vigilant for any shift in the fundamental narrative, particularly from unexpected BoJ commentary or a sudden deterioration in Eurozone data. Conclusion The EUR/JPY forecast hinges on the battle at the 187.00 resistance level. While the technical and fundamental backdrop favors the bulls, the test of this high-confluence zone is critical. A successful breakout would validate the prevailing bullish bias and open the path for further gains, driven by central bank divergence and positive carry. Conversely, a decisive rejection would signal profit-taking and a potential consolidation phase. Traders should monitor price action around this level closely, alongside upcoming commentary from the ECB and BoJ, to gauge the next directional move for this major forex cross. FAQs Q1: What does the 187.00 level represent for EUR/JPY? The 187.00 level is a major technical resistance zone, identified through previous price action where the pair has repeatedly reversed or consolidated. It represents a key psychological and technical hurdle that traders are watching for a breakout or rejection. Q2: Why is there a bullish bias on EUR/JPY? The bullish bias is primarily driven by the policy divergence between the ECB (less accommodative) and the BoJ (ultra-accommodative), which makes holding Euros more attractive than Yen from an interest rate perspective. Positive Eurozone economic data and stable global risk sentiment further support the Euro. Q3: What would confirm a true breakout above 187.00? A true breakout is typically confirmed by a daily closing price above 187.20, accompanied by strong volume. This would suggest the move is sustained and not just an intraday spike, increasing the probability of a continued uptrend. Q4: What are the main risks to the bullish forecast? Key risks include a sudden hawkish shift in rhetoric from the Bank of Japan, a deterioration in Eurozone economic data, a sharp escalation in global risk aversion (boosting the safe-haven Yen), or a technical failure at resistance leading to profit-taking. Q5: How do traders use the EUR/JPY pair in practice? Traders use EUR/JPY for directional bets based on Eurozone/Japan economic outlooks, to express views on global risk sentiment, and to capture the positive carry (interest rate differential) by holding long positions. It is a highly liquid major cross, suitable for various strategies including swing trading and carry trades. This post EUR/JPY Forecast: Bulls Charge as Pair Tests Critical 187.00 Resistance first appeared on BitcoinWorld .
20 Apr 2026, 06:10
Gold Price Analysis: Bullion’s Critical Struggle Against 100-Hour SMA as Soaring Treasury Yields Crush Recovery Hopes
BitcoinWorld Gold Price Analysis: Bullion’s Critical Struggle Against 100-Hour SMA as Soaring Treasury Yields Crush Recovery Hopes Gold prices face significant resistance in early 2025 trading, struggling to extend their recovery beyond the critical 100-hour Simple Moving Average as surging US Treasury yields create substantial headwinds for the precious metal. This technical battle reflects broader macroeconomic tensions between inflation expectations and Federal Reserve policy signals. Market analysts now closely monitor whether bullion can overcome this immediate technical barrier or face renewed downward pressure. Gold’s Technical Battle at the 100-Hour SMA The 100-hour Simple Moving Average represents a crucial short-term technical indicator that traders worldwide monitor for momentum signals. Currently, gold’s inability to decisively break above this level indicates persistent selling pressure despite recent recovery attempts. Technical analysts emphasize that sustained trading above this moving average typically signals bullish momentum, while failure suggests underlying weakness. Furthermore, this struggle occurs within a broader consolidation pattern that has characterized gold trading throughout early 2025. Several technical factors contribute to this resistance: Convergence of moving averages creating a resistance zone Previous support-turned-resistance levels from recent breakdowns Declining trading volume during recovery attempts Bearish divergence in momentum indicators Market participants particularly note that gold has tested this level multiple times in recent sessions, with each attempt meeting increased selling pressure. This pattern suggests institutional traders are using the 100-hour SMA as a reference point for positioning adjustments. Consequently, the metal’s performance at this technical level will likely determine short-term direction. The Treasury Yield Surge and Its Impact on Gold Rising US Treasury yields present the fundamental challenge capping gold’s gains. As yields increase, the opportunity cost of holding non-yielding assets like gold rises correspondingly. The 10-year Treasury yield has climbed approximately 45 basis points since the Federal Reserve’s latest policy statement, reaching levels not seen since late 2024. This movement reflects changing expectations about the duration of restrictive monetary policy. The relationship between Treasury yields and gold prices follows established financial principles: Yield Movement Typical Gold Impact Current Magnitude Rising Short-Term Yields Negative High Rising Long-Term Yields Negative Moderate-High Steepening Yield Curve Mixed Currently Negative Inflation Expectations Rising Positive Limited Effect Currently Market data reveals that the correlation between gold and real yields has strengthened in 2025, reaching approximately -0.78 according to recent analysis. This strong inverse relationship means that each basis point increase in inflation-adjusted yields translates to measurable downward pressure on gold valuations. Additionally, the US dollar’s concurrent strength exacerbates this dynamic, creating a dual headwind for dollar-denominated commodities. Expert Analysis: Institutional Perspectives Financial institutions provide crucial insights into this market dynamic. According to recent research from major investment banks, gold’s sensitivity to real yields has increased approximately 15% compared to 2024 levels. This heightened sensitivity reflects changing market structure and reduced liquidity in certain trading venues. Analysts specifically point to reduced physical demand from central banks during this quarter as a contributing factor to gold’s technical struggles. Market strategists emphasize several key observations: Gold’s traditional role as an inflation hedge has weakened amid coordinated central bank policies Algorithmic trading amplifies reactions to technical levels like the 100-hour SMA Options market positioning suggests limited conviction in either direction Physical market premiums have narrowed, indicating balanced supply-demand dynamics Historical context further illuminates the current situation. During similar periods of rising yields in 2018 and 2021, gold initially struggled before finding support at lower levels. The current environment differs, however, due to elevated geopolitical tensions and structural changes in global reserve management. These factors create competing influences that complicate straightforward technical analysis. Macroeconomic Backdrop and Forward Guidance The broader economic environment significantly influences gold’s technical positioning. Recent employment data showing continued labor market strength has reinforced expectations that the Federal Reserve will maintain higher interest rates for longer. This expectation directly fuels Treasury yield increases while diminishing gold’s appeal. Simultaneously, inflation metrics, while moderating, remain above central bank targets, creating policy dilemmas. Several macroeconomic factors merit particular attention: Federal Reserve communication emphasizing data dependence Global central bank divergence in policy approaches Fiscal policy developments affecting debt issuance and yields Currency market dynamics influencing dollar strength Forward-looking indicators suggest this tension between technical resistance and fundamental headwinds may persist through the coming quarter. Options market pricing indicates elevated volatility expectations around key economic releases, particularly inflation data and Federal Reserve meetings. Market participants generally anticipate range-bound trading until clearer directional catalysts emerge from either technical breakthroughs or fundamental shifts. Conclusion Gold’s struggle to extend recovery beyond the 100-hour Simple Moving Average reflects the powerful influence of rising US Treasury yields on precious metals markets. This technical resistance level has become a focal point for traders assessing short-term momentum amid challenging macroeconomic conditions. The interplay between technical factors and fundamental dynamics will likely determine gold’s trajectory in coming sessions. Market participants should monitor both Treasury yield movements and gold’s ability to overcome this immediate technical barrier for directional signals. Ultimately, the gold price analysis suggests continued volatility as these competing forces seek equilibrium. FAQs Q1: What is the 100-hour SMA and why is it important for gold trading? The 100-hour Simple Moving Average calculates the average gold price over the previous 100 hours of trading. Technical analysts consider it a crucial short-term momentum indicator, with prices above suggesting bullish momentum and prices below indicating bearish pressure. Its importance stems from widespread institutional use as a reference point for trading decisions. Q2: How do rising US Treasury yields affect gold prices? Rising Treasury yields typically negatively impact gold prices through two primary channels. First, they increase the opportunity cost of holding non-yielding gold. Second, they often strengthen the US dollar, in which gold is priced, making it more expensive for foreign buyers. The relationship is particularly strong with real (inflation-adjusted) yields. Q3: What technical levels should traders watch if gold breaks through the 100-hour SMA? If gold decisively breaks above the 100-hour SMA, traders typically monitor subsequent resistance at the 200-hour SMA, followed by recent swing highs from the previous week. Volume confirmation during the breakout is crucial for assessing the sustainability of any move above this technical level. Q4: How does current gold market behavior compare to historical periods of rising yields? Current gold market behavior shows similarities to 2018 and 2021 periods of yield increases, with initial weakness followed by potential stabilization. However, unique factors in 2025 include different inflation dynamics, altered central bank policies, and changed geopolitical considerations that may produce distinct outcomes. Q5: What fundamental factors could help gold overcome current technical resistance? Several fundamental developments could support gold above technical resistance: unexpected dovish Federal Reserve signals, geopolitical escalation increasing safe-haven demand, weaker-than-expected economic data prompting recession concerns, or coordinated central bank gold purchases that alter physical market dynamics. This post Gold Price Analysis: Bullion’s Critical Struggle Against 100-Hour SMA as Soaring Treasury Yields Crush Recovery Hopes first appeared on BitcoinWorld .
20 Apr 2026, 06:02
Pundit Says My Plan Is to Hold XRP Based On This Expert’s Warning
Crypto enthusiast Lord XRP recently reacted to a warning issued by former Wall Street hedge fund manager Alex Parker. Lord XRP’s statement links Parker’s outlook on a potential market downturn with a clear personal decision to maintain a position in XRP . The tweet includes a video in which Parker explains his expectations and outlines specific actions investors can take. While the post itself remains brief, it emphasizes conviction in XRP during a period that Parker describes as uncertain for financial markets. BREAKING Alex Parker former Wallstreet Hedge Fond Manager warns from an incoming crash and said how to react. My plan is for sure holding #XRP pic.twitter.com/hzThqisQZE — Lord XRP (@Bitforcoinz) April 17, 2026 Alex Parker Details Four Rules for Navigating a Crash In the attached video, Parker begins with a firm statement that a market crash is approaching. He explains that investors will face two options when it happens: react with panic or follow a structured plan to build wealth. He presents this choice as decisive, stating that outcomes depend on discipline during periods of decline. Parker introduces himself as a former hedge fund manager who now provides free financial education. He then moves to his first rule, which focuses on holding cash. According to him, making liquidity available is essential ahead of a downturn, even though cash may appear less attractive during stable market conditions. He argues that this changes once prices fall. The second rule focuses on timing market entry. Parker states that investors should wait until the S&P 500 drops by at least 20 percent before deploying capital. His third rule addresses asset selection. Parker advises investors to focus on high-quality instruments, specifically naming the Vanguard S&P 500 ETF for overall market exposure and the Invesco QQQ Trust for major technology companies. He explains that purchasing these assets during periods of decline allows investors to benefit from lower entry prices. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The final rule centers on mindset. Parker states that market downturns should not be viewed negatively but instead seen as opportunities. He explains that wealth is typically accumulated during bear markets and realized during bull markets. He adds that many individuals fail to follow this approach, which affects their long-term results. XRP Position Maintained Amid Market Uncertainty While Parker’s comments focus on traditional financial assets, Lord XRP’s tweet adds a cryptocurrency perspective. By stating a commitment to holding XRP , the post reflects confidence in the asset despite expectations of a wider market decline. The message remains focused on two key points: a warning about a possible crash and a defined response. It combines Parker’s structured guidance with a personal investment stance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit Says My Plan Is to Hold XRP Based On This Expert’s Warning appeared first on Times Tabloid .
20 Apr 2026, 06:00
BTC Spot CVD Chart Reveals Critical Order Flow Dynamics for April 20
BitcoinWorld BTC Spot CVD Chart Reveals Critical Order Flow Dynamics for April 20 On April 20, 2025, the BTC/USDT spot market presented a compelling narrative through its order book dynamics, as detailed by the latest Spot Cumulative Volume Delta (CVD) chart. This analytical tool provides traders and institutions with a granular, real-time view of buying and selling pressure beyond simple price action. Consequently, market participants globally scrutinize these charts for signals of accumulation, distribution, and potential trend reversals. The data from April 20 offers a specific snapshot of market structure during a period of notable consolidation. Understanding these charts is fundamental for navigating the volatile cryptocurrency landscape. Decoding the BTC Spot CVD Chart Structure The Spot Cumulative Volume Delta chart for BTC/USDT separates into two primary analytical sections. Firstly, the upper segment features a sophisticated Volume Heatmap. This heatmap visually tracks trading volume concentration at precise price levels over a defined period. When the price lingers within a specific range or executes a significant move, the background color intensifies to a brighter hue. These brightly colored zones often transform into crucial market landmarks. For instance, they frequently act as future support during pullbacks or resistance during rallies, marking areas where high-volume transactions previously occurred. Secondly, the lower section displays the Cumulative Volume Delta indicator itself. This powerful metric categorizes and sums the net difference between buy and sell orders, segmented by trade size. It effectively filters market noise to highlight the activity of different participant groups. As buy orders dominate at a given price, the corresponding line on the chart ascends. Conversely, sustained selling pressure drives the line downward. This bifurcated view allows analysts to distinguish between retail and institutional flows, providing depth to standard volume analysis. Interpreting the Volume Heatmap for Market Context The Volume Heatmap from April 20 serves as a historical footprint of market activity. Bright clusters on the chart indicate price zones that witnessed exceptionally high trading volume. These clusters are not random; they represent battlegrounds where buyers and sellers fiercely contested value. For technical analysts, these areas become primary focal points. A cluster above the current price may act as a ceiling or resistance, while a cluster below could provide a floor or support. The heatmap’s utility lies in its ability to translate past volume into a visual forecast of future price behavior. Market microstructure theory supports this analysis. High-volume nodes often coincide with the execution of large limit orders, creating liquidity pools. When price returns to these nodes, it frequently encounters a similar concentration of orders, leading to predictable reactions. Therefore, the heatmap from a specific date like April 20 provides a tactical map for subsequent trading sessions. Traders use this map to set strategic entry and exit points, manage risk, and anticipate where the market might pause or reverse based on demonstrated historical interest. Expert Insight: The Significance of Volume Clusters Financial analysts emphasize that volume precedes price. A volume cluster on a heatmap signifies a price level deemed important by the market collective. The persistence of bright coloring shows sustained interest, which can indicate either accumulation by informed buyers or distribution by large holders. Discerning the context requires correlating the heatmap with the CVD data and broader market trends. For example, a bright zone formed during a price decline that later holds as support suggests strong buying interest, potentially signaling a reversal area. This layered analysis moves beyond simple chart patterns into the realm of order flow intelligence. Analyzing the Cumulative Volume Delta by Order Size The lower section of the April 20 chart breaks down the CVD into distinct lines based on order magnitude. The yellow line meticulously tracks orders ranging from $100 to $1,000, typically representing retail or smaller trader activity. Meanwhile, the brown line monitors large orders between $1 million and $10 million, often attributed to institutional players, whales, or algorithmic trading desks. The divergence or convergence of these lines tells a critical story about market participation. When the brown line (large orders) trends upward while the yellow line (small orders) trends downward, it suggests institutions are accumulating while retail traders are distributing, or vice versa. This dynamic can foreshadow major price movements, as large capital flows ultimately drive sustained trends. The CVD data for April 20 would be analyzed for such divergences. A steadily rising brown line amidst flat or falling price action could indicate stealth accumulation, a bullish signal for informed observers. Conversely, a falling brown line during a price rise might signal institutional distribution. The Practical Application for Traders and Analysts Professional trading desks integrate CVD and heatmap analysis into their daily workflow. The chart from April 20 is not an isolated artifact but one data point in a continuous series. Analysts compare its structure to previous days to identify shifts in order flow patterns. For instance, they might ask if the large-order CVD line is strengthening or weakening relative to the prior week. They also examine whether new volume clusters are forming or if old ones are being tested. This ongoing analysis builds a three-dimensional understanding of market sentiment and positioning. Furthermore, this data aids in risk management. Identifying clear support and resistance zones via the heatmap allows for more precise placement of stop-loss and take-profit orders. Recognizing whether large players are net buyers or sellers via the CVD helps in aligning trades with the dominant capital flow, increasing the probability of success. For long-term investors, sustained large-order buying (a consistently rising brown CVD line) over multiple days can reinforce conviction in a bullish thesis, while the opposite can warrant caution. Conclusion The BTC spot CVD chart for April 20, 2025, provides a detailed, data-rich examination of the underlying order book mechanics for the BTC/USDT pair. By separating volume into a heatmap and segmenting order flow by size, it delivers actionable intelligence for market participants. The volume clusters highlight key price levels of historical interest, while the CVD lines reveal the behavior of different market cohorts. Ultimately, tools like the spot CVD chart empower traders to make decisions based on the actual flow of capital, moving beyond speculation to grounded, evidence-based analysis. Mastering this data is crucial for anyone seeking to navigate the complex currents of the cryptocurrency markets. FAQs Q1: What is the primary purpose of a Spot Cumulative Volume Delta (CVD) chart? The primary purpose is to visualize the net difference between buying and selling pressure in a market’s order book, segmented by trade size. It helps analysts identify whether buyers or sellers are in control and distinguishes between retail and institutional activity. Q2: How does the Volume Heatmap identify potential support and resistance levels? The heatmap brightens in areas where high trading volume has occurred at specific price levels. These bright zones indicate where significant numbers of trades were executed, often leaving behind a concentration of open interest or stop orders that can influence price when revisited. Q3: What does it mean if the large-order CVD line (brown) is rising while the price is flat or falling? This divergence often suggests accumulation by large players, such as institutions or whales, during a period of price stability or weakness. It can be a bullish signal, indicating that informed money is buying despite a lack of positive price momentum. Q4: Can CVD charts predict short-term price movements? While not a crystal ball, CVD charts are a leading indicator of order flow pressure. A strong, sustained move in the CVD, especially from large orders, often precedes a corresponding price move as the executed orders impact market liquidity and sentiment. Q5: How often should a trader consult CVD and heatmap data? Active traders may monitor this data in real-time or on short timeframes (e.g., hourly). Swing investors and analysts typically review it daily to assess the changing structure of the market and confirm longer-term trends. Consistency in analysis is key to identifying meaningful patterns. This post BTC Spot CVD Chart Reveals Critical Order Flow Dynamics for April 20 first appeared on BitcoinWorld .
20 Apr 2026, 06:00
Bitcoin Price Could See Another Crash, But What Is The Long-Term Prognosis?
With the Bitcoin price clearing $78,000 last week, it has triggered bullish sentiment in the crypto market once again. This move has also led to forecasts that the Bitcoin price is headed back for the 6-figure mark. However, not everyone is following this school of thought and believes that the rally will continue. Crypto analyst Behdark has debunked the bullish predictions, forecasting that the cryptocurrency’s price is actually headed lower before recovering. How Low Will The Bitcoin Price Go? Despite the increase in price, the crypto analyst has predicted that it is likely that the Bitcoin price crashes first from here. The bullish sentiment in the market, Behdark believes could be misleading for investors , as this could be a deliberate ploy by market makers to actually get the most people involved before crashing the price again. As the analyst explains, the underlying Bitcoin structure is still very bearish, especially given the fact that the digital asset looks to be forming a triangle or diamagnetic pattern. The latter is a complex corrective pattern, meaning that it can often be clouded in recoveries before crashing down further again. In either case, both of these patterns point to a high possibility that the Bitcoin price would go down first before up. Thus, it is likely that there would be opportunities to buy the cryptocurrency lower before eventually waiting for the run-up. With this, the crypto analyst has identified the major levels that investors should watch out for that could be the best time to actually short the cryptocurrency. Mainly, two levels are of the most interest as these are where the bears could make their stand in terms of establishing resistance . The first of these is just above $77,000 as the price continues to struggle with declining momentum. Next is the $80,552 level, where there is likely the most resistance to the current rally , thus making them the points that could trigger a downward corrective move. Once the decline begins, then the first stop would be just above $72,800 for the first support level. Next is the $67,885 level for better support, but a break of this would eventually lead to another 10% crash. The last major level is $67,677, which still lies above the established cycle support of $60,000.
20 Apr 2026, 05:57
You Can Now Buy XRP on WhatsApp
The integration of XRP onto the Solana blockchain has unlocked a novel trading experience, allowing users to swap assets directly within the WhatsApp messaging app.
