A crypto analyst known as Blacksea has revealed that the XRP price has formed 
a major bullish price pattern that appears to have gone largely unnoticed by 
the broader market. The expert noted that the last time this setup emerged, 
XRP rallied by triple-digit percentages and went on to set a new price high. 
If history were to repeat itself, the cryptocurrency could be on track for a 
similar parabolic price surge this cycle. Such a move could completely end 
XRP’s ongoing downtrend and position it firmly in a renewed bullish phase. 
Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation 
Strategy XRP Prints The Same Pattern That Triggered 2024 Rally On June 6, 
Blacksea noted that XRP has once again formed the same falling wedge pattern 
it previously printed in 2024. At that time, the cryptocurrency was trading 
around $0.5 before the structure fully developed, eventually leading to a 
massive 600% upside move. Looking back at the 2024 chart, XRP traded tightly 
within the falling wedge, with repeated swings and compression between the 
upper and lower trendlines. While price action fluctuated sharply, XRP 
eventually broke down briefly below the lower boundary of the wedge pattern. 
That false breakdown marked a turning point, as momentum quickly shifted and 
price reversed aggressively higher. This ultimately led to a surge past $1.5, 
delivering the historic rally. According to Blacksea, XRP could be gearing up 
for the same parabolic price surge. The cryptocurrency is currently trading 
inside its wedge with repeated price declines and compression, although it has 
not yet broken below the lower boundary. If a breakdown occurs, it could 
mirror the 2024 behavior, serving as a final shakeout before a strong 
reversal. Blacksea expects that such a move could fuel a fresh recovery for 
XRP, likely setting the stage for a renewed bullish trend and possible 
attempts at new all-time highs. Ahead of this projected rally, the analyst is 
urging traders and investors to position early and manage risk carefully to 
protect against sharp downside volatility if the pattern fails to play out as 
expected. Analyst Predicts XRP Price Dip Before Explosive Rally In a separate 
post, crypto analyst Celal Kucuker shared a bullish outlook for XRP but warned 
that the move may unfold only after another major price correction. He pointed 
to a Cup &amp; Handle pattern currently forming on the XRP chart, forecasting a 
potential explosive rally toward the 1.618 Fibonacci Extension level above 
$14. Kucuker explained that before XRP can reach this ambitious target, its 
price is expected to extend its current downward trend, potentially dropping 
sharply toward $0.9. The accompanying chart shows that further weakness around 
this region could invalidate XRP’s bullish structure and open the door to a 
deeper decline near $0.48. Related Reading: XRP Monthly RSI Drops To All-Time 
Low As Market Watches For Confirmation However, Kucuker’s chart also suggests 
that if price holds the $0.95 support and stages a strong rebound, the next 
upside target would likely be around $1.5. From there, the analyst projects a 
jump to $3.66, representing a roughly 282% surge from $0.95. Following that, 
XRP could then accelerate toward the analyst’s final target around $14.1, a 
level that would mark a staggering 1,378% rally from the former $0.95 support 
area. Featured image from Pexels, chart from TradingView

A crypto analyst known as Blacksea has revealed that the XRP price has formed a major bullish price pattern that appears to have gone largely unnoticed by the broader market. The expert noted that the last time this setup emerged, XRP rallied by triple-digit percentages and went on to set a new price high. If &#8230;

XRP Pundit Says Pay Attention To This Pattern That Everyone Is Missing

Gold&#8217;s decline highlights the impact of strong economic data on interest 
rates, affecting investment strategies and currency valuations globally.
The post Spot gold extends losses, falls over 3% to $4,336 per ounce as strong 
jobs data rattles markets appeared first on Crypto Briefing.

Gold&#8217;s decline highlights the impact of strong economic data on interest rates, affecting investment strategies and currency valuations globally. The post Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets appeared first on Crypto Briefing.

Spot gold extends losses, falls over 3% to $4,336 per ounce as strong jobs data rattles markets

The significant outflows highlight growing risk aversion, potentially 
reshaping digital asset market dynamics and investor confidence globally.
The post CoinShares reports $5.8B in outflows from digital asset products amid 
sentiment shift appeared first on Crypto Briefing.

The significant outflows highlight growing risk aversion, potentially reshaping digital asset market dynamics and investor confidence globally. The post CoinShares reports $5.8B in outflows from digital asset products amid sentiment shift appeared first on Crypto Briefing.

CoinShares reports $5.8B in outflows from digital asset products amid sentiment shift

Nvidia&#8217;s stock drop highlights investor sensitivity to macroeconomic shifts 
and regulatory scrutiny, potentially impacting tech and crypto markets.
The post Nvidia stock falls over 6% as jobs data and Senate scrutiny rattle 
investors appeared first on Crypto Briefing.

Nvidia&#8217;s stock drop highlights investor sensitivity to macroeconomic shifts and regulatory scrutiny, potentially impacting tech and crypto markets. The post Nvidia stock falls over 6% as jobs data and Senate scrutiny rattle investors appeared first on Crypto Briefing.

Nvidia stock falls over 6% as jobs data and Senate scrutiny rattle investors

Welcome to Latam Insights, a compilation of the most relevant crypto news from 
Latin America over the past week. In this edition, the US targets Brazil’s Pix 
in a USTR report, Chile dismantles Tren de Aragua’s crypto laundering group, 
and a sugarcane-powered bitcoin mining project surges in Brazil. US Targets 
Brazil’s Pix: Trade Report Claims […]

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, the US targets Brazil’s Pix in a USTR report, Chile dismantles Tren de Aragua’s crypto laundering group, and a sugarcane-powered bitcoin mining project surges in Brazil. US Targets Brazil’s Pix: Trade Report Claims &#8230;

Latam Insights: The US Claims Pix Restricts Trade, Plus Chile’s Massive $88M Crypto Takedown

Putin&#8217;s rejection of peace talks signals prolonged conflict, impacting global 
energy markets, inflation, and investor sentiment.
The post Vladimir Putin rejects Zelenskyy&#8217;s call for peace talks, tells 
Russian army to press on appeared first on Crypto Briefing.

Putin&#8217;s rejection of peace talks signals prolonged conflict, impacting global energy markets, inflation, and investor sentiment. The post Vladimir Putin rejects Zelenskyy&#8217;s call for peace talks, tells Russian army to press on appeared first on Crypto Briefing.

Cryptocurrency price in USD

Market Overview