CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-31 18:30:00

Crypto Slips Into Red, But XRP Quietly Sets Up a Bullish Play

Crypto market dips; Ethereum down 4%, Bitcoin down 2%, Solana and DOGE fall 7–8%. XRP trades around $2.13, chart mimics 2017 pattern before historic Bullish rally. A break above $2.31 may suggest a bullish shift, but the trend remains bearish for now. The crypto market is down today, with major coins in the red. Ethereum (ETH) has dropped by 4%, while Bitcoin (BTC) is down by around 2%. Other popular altcoins like Solana (SOL) and Dogecoin (DOGE) have taken bigger hits, recording losses between 7% and 8%. As for XRP, it’s currently trading at around $2.13. While it’s also down, something interesting is happening on its chart. XRP’s Chart Resembles Its 2017 Pattern A similarity is emerging between XRP’s current price behavior and its performance in 2017. Back then, XRP consolidated within a narrow range for 210 days (30 weekly bars) before a dramatic surge took it from approximately $0.60 to over $3.30. Source: X In the current market, XRP has been consolidating for 182 days (26 weekly bars), with the price hovering near $2.20. The chart structure appears strikingly similar to the 2017 setup, raising expectations for a possible breakout if… The post Crypto Slips Into Red, But XRP Quietly Sets Up a Bullish Play appeared first on Coin Edition .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约