XRP price extended losses and traded below $1.450. The price is now 
consolidating losses but faces hurdles near $1.4850 and $1.50. XRP price 
started another decline and traded below the $1.50 zone. The price is now 
trading above $1.50 and the 100-hourly Simple Moving Average. There is a 
declining channel forming with resistance at $1.4920 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.50. XRP Price Finds Support XRP price failed to stay 
above $1.550 and extended its decline, like Bitcoin and Ethereum. The price 
declined below $1.520 and $1.50 to enter a short-term bearish zone. The price 
even extended losses below $1.450. A low was formed at $1.4264, and the price 
is now consolidating losses. There was a minor upward move toward the 23.6% 
Fib retracement level of the downward move from the $1.6712 swing high to the 
$1.4264 low. The price is now trading above $1.50 and the 100-hourly Simple 
Moving Average. If there is a fresh recovery move, the price might face 
resistance near the $1.490 level. There is also a declining channel forming 
with resistance at $1.4920 on the hourly chart of the XRP/USD pair. The first 
major resistance is near the $1.50 level. A close above $1.50 could send the 
price to $1.5480 and the 50% Fib retracement level of the downward move from 
the $1.6712 swing high to the $1.4264 low. The next hurdle sits at $1.550. A 
clear move above the $1.550 resistance might send the price toward the $1.5850 
resistance. Any more gains might send the price toward the $1.620 resistance. 
The next major hurdle for the bulls might be near $1.650. Another Drop? If XRP 
fails to clear the $1.50 resistance zone, it could start a fresh decline. 
Initial support on the downside is near the $1.4420 level. The next major 
support is near the $1.4250 level. If there is a downside break and a close 
below the $1.4250 level, the price might continue to decline toward $1.40. The 
next major support sits near the $1.3850 zone, below which the price could 
continue lower toward $1.350. Technical Indicators Hourly MACD – The MACD for 
XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength 
Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – 
$1.4420 and $1.4250. Major Resistance Levels – $1.4920 and $1.50.

XRP Price Signals Potential Upside Reversal After Prolonged Weakness

Bitcoin continues to struggle to reclaim the $70,000 level, with price action 
increasingly confined to a broad range above $60,000. This consolidation 
reflects persistent selling pressure near resistance while buyers appear 
willing to defend lower levels, creating a temporary equilibrium rather than a 
clear directional trend. Market sentiment remains cautious, with traders 
closely watching liquidity conditions, macro signals, and on-chain flows for 
clues about the next decisive move. Related Reading: Ethereum Whale Losses 
Mirror Past Bottoms: Accumulation Continues Despite Pressure A recent 
CryptoQuant analysis provides additional context by highlighting a noticeable 
shift in miner behavior. According to the data, the pace of Bitcoin 
withdrawals from trading platforms has accelerated significantly in recent 
weeks. Since the beginning of February, roughly 36,000 BTC have been withdrawn 
from exchanges — a substantial figure compared to previous months. Such 
withdrawals are often interpreted as a reduction in immediate selling intent, 
as miners typically move coins off exchanges when prioritizing long-term 
holding or alternative liquidity strategies. While this does not guarantee 
bullish price action, it can reduce short-term supply pressure in spot 
markets. Miner Withdrawals Signal Potential Shift In Bitcoin Supply Dynamics 
The analysis further highlights the scale and distribution of recent miner 
withdrawals from exchanges. More than 12,000 Bitcoin were reportedly withdrawn 
from Binance alone, while the remaining volume — exceeding 24,000 BTC — was 
spread across multiple other trading platforms. This broad-based movement 
suggests coordinated repositioning rather than isolated activity by a single 
entity, pointing to a wider shift in miner liquidity management strategies. 
Such behavior is often interpreted as a move toward longer-term storage. 
Miners typically transfer holdings to cold wallets when they are less inclined 
to sell immediately, reducing the amount of Bitcoin readily available on 
exchanges. This can signal increased confidence in future price appreciation 
or a strategic decision to manage liquidity outside active trading venues. 
Daily withdrawal intensity has also accelerated notably. At one point, more 
than 6,000 BTC were withdrawn in a single day, marking the highest daily level 
since last November. This pace clearly exceeds the activity observed in 
January, reinforcing the view that miners may be entering a repositioning 
phase. While not inherently bullish, sustained exchange outflows from miners 
can contribute to tighter spot supply conditions, potentially influencing 
price stability and market sentiment over time. Related Reading: Hyperunit 
Whale Dumps $500M In Ethereum As Massive Crypto Bet Turns Sour Price 
Consolidates Below Resistance Bitcoin price action continues to reflect 
structural weakness, with the chart showing a clear downtrend following the 
rejection from the late-2025 highs. Successive lower highs and lower lows 
remain intact, confirming that bearish momentum has not yet been invalidated. 
The recent decline toward the mid-$60K range appears to be stabilizing 
temporarily, but price has not reclaimed any major technical resistance 
levels. The moving average structure reinforces this view. Price remains below 
key trend indicators, which are sloping downward and acting as dynamic 
resistance. This alignment typically reflects sustained selling pressure 
rather than a completed correction. Until Bitcoin reclaims these averages 
convincingly, upside recoveries are likely to face repeated selling interest. 
Related Reading: Liquidity Or Liability? History’s Hard Lessons For The XRP 
Momentum Play Volume behavior also deserves attention. The sharp spike 
accompanying the recent drop suggests forced selling or panic-driven 
liquidation rather than orderly distribution. However, the subsequent 
reduction in volume during consolidation indicates that aggressive sellers may 
be temporarily exhausted, though not necessarily absent. From a technical 
standpoint, the $60K–$65K zone is emerging as an important short-term support 
area. A sustained breakdown below it could open the door to deeper downside. 
Conversely, recovery above the $70K region would be required to weaken the 
current bearish structure and signal potential stabilization. Featured image 
from ChatGPT, chart from TradingView.com

Bitcoin Miners Pull 36K BTC From Exchanges In Weeks: What Comes Next?

Crypto’s next leg may be stronger than skeptics think as structural growth, 
institutional adoption, and regulatory tailwinds reshape the market cycle, 
Bitwise CIO Matt Hougan says, arguing today’s foundation looks nothing like 
past downturns. ‘Optimistic’ Matt Hougan Says Crypto Collapse Fears Miss $200T 
Institutional Tokenization Trend Bitwise Asset Management Chief Investment 
Officer Matt Hougan shared […]

Bitwise CIO ‘Optimistic’—Says Crypto Collapse Fears Ignore $200 Trillion Tokenization Pipeline

Two more ETF issuers have filed prospectuses for six US election prediction 
market ETFs, allowing investors to gain exposure to election outcomes.

Bitwise, GraniteShares join race for prediction market-style ETFs

Ethereum price found support near $1,920 and recovered some losses. ETH is now 
consolidating and faces key hurdles near $2,020. Ethereum is attempting a 
fresh recovery wave above $1,965. The price is trading below $2,000 and the 
100-hourly Simple Moving Average. There is a bullish trend line forming with 
support at $1,955 on the hourly chart of ETH/USD (data feed via Kraken). The 
pair could start a fresh decline if it stays below the $2,020 zone. Ethereum 
Price Holds Support Ethereum price failed to stay above $2,020 and started a 
fresh decline, like Bitcoin. ETH price traded below the $1,965 and $1,950 
levels to enter a bearish zone. Finally, the bulls appeared near $1,925. A low 
was formed at $1,928, and the price started a recovery wave. There was a move 
above the $1,965 resistance. The price even tested the 50% Fib retracement 
level of the downward move from the $2,100 swing high to the $1,928 low. 
Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving 
Average. Besides, there is a bullish trend line forming with support at $1,955 
on the hourly chart of ETH/USD. If the bulls remain in action above $1,955, 
the price could attempt another increase. Immediate resistance is seen near 
the $2,015 level. The first key resistance is near the $2,035 level or the 
61.8% Fib retracement level of the downward move from the $2,100 swing high to 
the $1,928 low. The next major resistance is near the $2,060 level. A clear 
move above the $2,060 resistance might send the price toward the $2,100 
resistance. An upside break above the $2,100 region might call for more gains 
in the coming days. In the stated case, Ether could rise toward the $2,150 
resistance zone or even $2,185 in the near term. Another Decline In ETH? If 
Ethereum fails to clear the $2,015 resistance, it could start a fresh decline. 
Initial support on the downside is near the $1,965 level. The first major 
support sits near the $1,955 zone or the trend line. A clear move below the 
$1,955 support might push the price toward the $1,920 support. Any more losses 
might send the price toward the $1,880 region. The main support could be 
$1,825. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining 
momentum in the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above 
the 50 zone. Major Support Level – $1,920 Major Resistance Level – $2,015

Cryptocurrency price in MMK