The XRP price has hit oversold levels, marking its lowest readings in history. 
A crypto analyst has reported that each time XRP has reached these levels, a 
price bounce has followed. Based on this, he believes that XRP could be on the 
verge of another major rebound, projecting a potential rally above $2. XRP 
Price Sinks To Oversold Levels Ahead Of Rebound A crypto market analyst known 
as ‘Ripple Bull Winkle’ on X has outlined a short-term bullish outlook for 
XRP. Despite consistently breaking key support levels and now trading around 
$1.4, the analyst argues that XRP may be positioning itself for a substantial 
recovery that could ultimately push its price back above $2. Related Reading: 
Pundit Says XRP Price Is Not A ‘Crypto’ Question, But A Systemically Important 
Liquidity Asset The basis for Ripple Bull Winkle’s optimism stems from a 
recurring historical pattern that, in his view, has never failed to produce a 
bounce in the XRP price. Specifically, the analyst highlights a repeating 
Relative Strength Index (RSI) pattern. He announced that XRP recently reached 
an RSI of 20 on the daily chart, marking the most oversold reading in its 
history. According to the analyst, every time XRP has entered similarly 
extreme oversold territory, a price bounce of approximately 15-40% has always 
followed. He said such rebounds typically occur within two weeks of reaching 
these levels. He also emphasized that this recovery has not happened 
occasionally but consistently, reinforcing his confidence that XRP is likely 
to follow the same pattern and bounce again. If everything plays out as 
expected, Ripple Bull Winkle projects that XRP could see a relief bounce to 
$2.20-$2.50 before the end of February 2026. He noted that a rally to this 
bullish target is the highest-probability event the market has had this year. 
Analyst Shares Multiple Resistance Targets For XRP Looking at Ripple Bull 
Winkle’s accompanying price chart, he has marked several key resistance zones 
using red horizontal lines, indicating areas where XRP may encounter selling 
pressure or struggle to advance. These levels range from approximately 
$1.8-$1.91 to $2.06-$2.19, followed by $2.29-$2.41, $2.67-$2.78, and a higher 
resistance band near $3.10-$3.18. Related Reading: Rising Above The Ashes: XRP 
ETFs Set New Record Despite Market Crash Collectively, these levels serve as 
both potential barriers that could slow price movement and upside targets that 
XRP is expected to reach. The upward-pointing blue arrows in the chart also 
signal the analyst’s expectation of a bullish breakout or a sustained rally 
toward the stacked resistance levels if XRP builds enough momentum. As of 
writing, XRP appears to be recovering from its recent downtrend. Its price has 
rebounded by more than 10% over the past 24 hours and is currently trading 
above $1.4 after briefly dipping below $1.3, according to CoinMarketCap. 
Featured image from Adobe Stock, chart from Tradingview.com

XRP Price Has Just Reached Most Oversold Level In History And This Analyst Is Predicting A Bounce

Vietnam&#8217;s crypto tax could enhance market transparency but may restrict 
exchange growth due to high capital requirements.
The post Vietnam plans 0.1% tax on crypto trades, equating them to stocks 
appeared first on Crypto Briefing.

Vietnam plans 0.1% tax on crypto trades, equating them to stocks

Bitcoin’s sharp rallies mask a deeper bear market that could end in a brutal 
crash, as speculative optimism fades, corporate exposure grows riskier, and 
digital gold narratives unravel, according to longtime crypto critic Peter 
Schiff. Bitcoin Rallies Are Traps, Peter Schiff Says, ‘Sell the Rip’ Before 
Bear Market Crash Economist and gold advocate Peter Schiff […]

Peter Schiff Warns Bitcoin Rallies Are Traps Before Bear Market Crash

New ERC-8004 standard aims to revolutionize trust and interactions among AI 
agents on Ethereum
The post Davide Crapis: ERC 8004 enables decentralized AI agent interactions, establishes trustless commerce, and enhances reputation systems on Ethereum | Unchained appeared first on Crypto Briefing.

Davide Crapis: ERC 8004 enables decentralized AI agent interactions, establishes trustless commerce, and enhances reputation systems on Ethereum | Unchained

Ethereum’s recent sell-off has weighed heavily on sentiment after the price 
fell below the $2,000 level and pulled much of the altcoin market lower 
alongside it. The move has caused sweeping fear and caution among Ethereum 
traders. However, some analysts are of the notion that a bullish upside will 
roll in soon. In a post shared on X, crypto analyst ChainHub said the current 
conditions point more toward exhaustion, and after massive downside comes 
massive upside. Related Reading: Bitcoin Edges Past Gold In Appeal, JPMorgan 
Says ETHBTC Structure Holds ChainHub emphasized that the ETH/BTC pair is still 
technically valid and has not seen any structural invalidation despite the 
recent price crash. Although Ethereum’s price fell much lower than many 
expected during the crash, it is not going to keep falling forever. He also 
pointed to fear levels that are now climbing to extremes rarely seen, noting 
that such environments always tend to appear near major turning points. &#8220;After 
massive fear and massive downside comes massive upside,&#8221; the analyst said. On 
Ethereum itself, ChainHub acknowledged that losing the $2,000 handle was 
important, but he highlighted the next major area of interest near $1,700. 
This zone is technically consistent with a broader corrective structure, and 
it is possible that Ethereum might not even fall that far before it rebounds. 
However, even if Ethereum does fall to $1,700, price action reaching this area 
means Ethereum is finally at a region where buyers may begin to reassert 
control. He linked this outlook to Bitcoin’s recent behavior. Bitcoin’s 
rejection at $72,000 opened the door to a retest of the upper portion of its 
summer 2024 demand range, which stretches from around $59,000 down to $49,000. 
ChainHub pointed out that this is the first significant interaction with that 
demand area since 2025, with Fibonacci alignment clustering around $57,000 to 
$58,000. This increases the odds that Bitcoin is in the process of forming a 
base, and that is where it establishes a bottom. Altcoins Touching Meaningful 
Demand Levels ChainHub also noted that Ethereum is not alone in testing 
critical levels. Several major altcoins, including Solana and XRP, have moved 
into important demand zones. Many of these altcoins have revisited August 2024 
lows or filled prior wicks, areas that have not yet been broken on an initial 
attempt. Solana, for instance, has broken below $100 for the first time since 
January 2024 and recently traded at a low of $75. As noted by ChainHub, this 
move saw Solana finally touch meaningful demand for the first time in 2 years. 
Related Reading: Polygon Hits $3.50 Billion In Payments As Crypto Activity 
Expands Dogecoin, Cardano, and Avalanche have also all filled the downward 
wicks on October 10, restoring balance and touching the August 2024 low. 
Although there is still the possibility for limited downside, the expectation 
is that the market begins forming a range and then starts building bullish 
momentum in the coming weeks. Featured image from Unsplash, chart from 
TradingView

Cryptocurrency price in CLP