The ship seizures heighten geopolitical instability, potentially affecting 
global trade routes and prompting diplomatic rather than military responses.
The post Iran seizes two ships in Strait of Hormuz, escalating tensions 
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Iran seizes two ships in Strait of Hormuz, escalating tensions

Bitcoin (BTC) pushed higher on Wednesday, extending its recovery rally to 
levels not seen since late January. The price rose to just under 5% above the 
$79,000 mark after President Trump announced he would extend a ceasefire with 
Iran. Can Bitcoin Sustain The Rally? Market analysts say attention is shifting 
quickly from the breakout itself to the next set of hurdles higher up the 
chart. Alex Kuptsikevich, chief market analyst at FxPro, said he believes the 
$75,000 to $86,000 zone does not look “saturated” with heavy resistance. In 
his view, if there are no major negative developments, Bitcoin could maintain 
upward momentum. He also flagged $86,000 as a critical point, though, because 
the 200-day moving average (MA) is expected to sit near that level and lines 
up with an important pivot area. Related Reading: Bitcoin Bottom At $63,000? 
Grayscale Research Flags Feb. 5 As This Cycle’s Low Others emphasized that 
near-term support has been holding up, which could help Bitcoin keep pressing 
higher. Caroline Mauron, co-founder of Orbit Markets, said the $75,000 level 
should act as solid support. She added that a clean move above $80,000 would 
likely open the door to “significant” further upside, suggesting traders are 
watching for confirmation rather than just a quick spike. As Bitcoin climbs, 
sentiment will likely depend on whether the current strength can continue. 
Joel Kruger, markets strategist at LMAX Group, said the key question going 
forward is whether the breakout can be sustained and translated into new 
momentum. He pointed to a mix of supportive conditions, including relative 
stability in macro factors, gradual improvement in institutional flows, and 
progress on regulatory clarity. At the same time, he warned that the market 
still has to deal with headline risk—especially from global geopolitics—as 
well as shifts in broader risk appetite that can quickly change how investors 
respond to crypto news. 8% Pause Could Come Before The Real Push Market expert 
Ali Martinez also weighed on the recent surge, noting that Bitcoin is forming 
a bullish reversal pattern, currently developing a Morning Star candlestick 
setup on the monthly chart. This is described as a three-day sequence often 
interpreted as a signal that sellers may be exhausted and that buyers are 
regaining control. Even so, Martinez cautioned that strong signals don’t 
always produce an immediate straight-line rally. Related Reading: XRP 
Indicator Turns Bullish Again After 3 Months: What’s The Next Price Target? 
According to his read of the data, Bitcoin often pauses briefly after the 
move—typically around “an 8% breather” on average—before the bigger 
continuation leg begins. This implies that BTC could retrace back to $72,000 
before moving higher. Taken together, the next move may depend on whether BTC 
can hold above established support levels like $75,000, sustain the push 
through key thresholds such as $80,000, and avoid major negative shocks as 
geopolitics and risk sentiment remain active variables for markets. Featured 
image from OpenArt, chart from TradingView.com

Bitcoin Watch: All Eyes On $86,000—What Could Fuel The Next Bullish Breakout

XRP price extended losses and traded below $1.440. The price is now 
consolidating losses and faces hurdles near $1.4375 and $1.4450. XRP price 
started another decline and traded below the $1.440 zone. The price is now 
trading below $1.4250 and the 100-hourly Simple Moving Average. There was a 
break below a bullish trend line with support at $1.4240 on the hourly chart 
of the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.440. XRP Price Dips Again XRP price failed to stay 
above $1.450 and extended its decline, underperforming Bitcoin and Ethereum. 
The price declined below $1.4420 and $1.440 to enter a short-term bearish 
zone. There was a break below a bullish trend line with support at $1.4240 on 
the hourly chart of the XRP/USD pair. The price even extended losses below 
$1.420. A low was formed at $1.4125, and the price is now consolidating losses 
below the 23.6% Fib retracement level of the downward move from the $1.4625 
swing high to the $1.4125 low. The price is now trading below $1.4350 and the 
100-hourly Simple Moving Average. If there is a fresh recovery move, the price 
might face resistance near the $1.4240 level. The first major resistance is 
near the $1.4375 level or the 50% Fib retracement level of the downward move 
from the $1.4625 swing high to the $1.4125 low. The main resistance could be 
$1.4450. A close above $1.4450 could send the price to $1.4550. The next 
hurdle sits at $1.4620. A clear move above the $1.4620 resistance might send 
the price toward the $1.50 resistance. Any more gains might send the price 
toward the $1.5150 resistance. More Losses? If XRP fails to clear the $1.4375 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.4120 level. The next major support is near the $1.40 
level. If there is a downside break and a close below the $1.40 level, the 
price might continue to decline toward $1.3840. The next major support sits 
near the $1.3650 zone, below which the price could continue lower toward 
$1.3440. Technical Indicators Hourly MACD – The MACD for XRP/USD is now 
gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The 
RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.4120 and 
$1.4000. Major Resistance Levels – $1.4375 and $1.4550.

XRP Price Revisits Support Range, Make-Or-Break Moment For Bulls

ETH derivatives show strong buyer dominance, leading traders to target $2,500 
to $2,600 as the next crucial rally.

Ether taker volume rises by 72% as traders target ETH liquidity gap at $2.6K

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