Gold and silver slid after record highs as profit taking erased trillions in 
value amid a broader selloff across stocks and crypto.
The post Gold and silver slide after record highs as profit-taking hits metals 
and markets appeared first on Crypto Briefing.

Gold and silver slide after record highs as profit-taking hits metals and markets

Ledger expands Tezos support with Etherlink EVM rollout, enabling XTZ use, 
signing, wallets and upcoming staking. Extended support for the Tezos 
ecosystem, building on the existing Tezos Layer 1 integration and extending it 
to Etherlink, is now available on LedgerTM…

Native support for Tezos EVM-compatibility layer Etherlink now available with Ledger

The advancement highlights ongoing partisan divides, potentially impacting 
future regulatory clarity and innovation in the crypto industry.
The post Senate Agriculture Committee advances crypto market structure 
legislation appeared first on Crypto Briefing.

Senate Agriculture Committee advances crypto market structure legislation

XRP plunges through key support as heavy selling takes control, signaling a 
breakdown from consolidation and exposing the token to further downside amid 
intensifying macro stress and broad risk-off market conditions. XRP Suffers 
Technical Breakdown as Trump, Tech, Politics Rattle Markets At 11:22 a.m. on 
Jan. 29, XRP is trading at $1.8008, extending a sharp […]

XRP Plunges Below $1.80 After Trump Iran Warning Sparks Market Fear

After months of compressed price action, XRP is back in focus after a widely 
followed crypto trader on X highlighted a significant shift on the weekly 
chart. The asset is now showing a technical signal that has historically 
appeared near major turning points, sparking debate over whether this setup 
can realistically support a move back toward XRP’s prior all-time highs. XRP’s 
Multi-Year Range Holds As Bullish Momentum Emerges The crypto trader notes 
that XRP’s current market structure remains anchored to a clearly defined 
weekly price range that dates back to the 2018 cycle peak. This long-standing 
zone, stretching roughly from the low-$2 area to the low-$3 region, has 
functioned as a structural equilibrium for XRP across multiple market phases. 
Since late 2024, XRP’s price has stayed compressed within this range, 
repeatedly testing both support and resistance without delivering a decisive 
breakout or breakdown. Related Reading: What’s Going On With The US Dollar And 
How Does It Affect Bitcoin, Ethereum Prices? What differentiates the current 
setup from previous failures is the behavior of momentum. On recent weekly 
lows, momentum indicators have begun forming higher lows even as price 
revisits familiar support levels. In practical terms, downside moves are 
losing strength, signaling that selling pressure is weakening. This bullish 
divergence suggests distribution is fading, with sellers expending more effort 
for diminishing downside results. The chart shared by the trader reinforces 
this view, showing price holding range support while underlying momentum 
trends higher. From a structural perspective, this consolidation reflects 
absorption rather than weakness. Short-term participants are gradually 
replaced by longer-term holders, improving market stability. While a bullish 
divergence alone does not guarantee a return to all-time highs, it reopens 
that discussion in a technically credible way. A sustained breakout above the 
upper boundary of this multi-year range would be the key confirmation. Until 
that occurs, ATHs remain a conditional outcome—but the divergence signals that 
the groundwork for such a move may now be forming. Macro Rotation And The Case 
For A Delayed Altcoin Catch-Up The broader market context reinforces the 
significance of the trader’s weekly XRP analysis. Equities continue to reach 
record highs, metals are losing momentum, and the US dollar is 
falling—conditions that historically signal capital rotation. Yet, many 
altcoins, including XRP, remain sidelined in sentiment, largely overlooked 
after underperforming relative to newer narratives. Related Reading: Bitcoin 
Price Prediction: Analyst Forecasts 72.86% Crash To $30,000 According to the 
crypto trader, this disconnect is notable: altcoins still trade well above 
bear-market lows, but cautious positioning creates the potential for 
asymmetric gains if capital rotates from crowded trades. The bullish 
divergence on XRP’s weekly chart does not guarantee an immediate rally or 
automatic return to all-time highs. However, it signals that structural 
groundwork for a larger move is forming. If XRP can reclaim and break above 
the upper boundary of its multi-year range with conviction, the case for 
revisiting previous peaks becomes materially stronger. This setup reflects 
temporary frustration, not failure. Momentum is building, and while patience 
is required, the chart suggests the market is positioning correctly for a 
potential delayed catch-up in the altcoin sector. Featured image created with 
Dall.E, chart from Tradingview.com

Cryptocurrency price in BHD