Recent technical analysis has revealed that the XRP price is consolidating 
after breaking key resistance levels to new highs. A crypto analyst has warned 
of an impending XRP price crash, urging investors not to get distracted as the 
RSI is still significantly above 50%. Discussing his predictions through short 
and long-term XRP price charts, the analyst shows that the cryptocurrency is 
firmly positioned in a bullish trend despite impending corrections. XRP Price 
RSI Hints At Potential Crash On the 4-hour XRP chart, a double tap structure 
is highlighted in the Relative Strength Index (RSI), a technical indicator 
used to measure the momentum of a cryptocurrency. This double tap pattern 
typically signals further downward movement before a price stabilization. 
Related Reading: This Analyst Predicted The Dogecoin Price Crash 2 Days Ago, 
Full Prediction Shows A Further 30% Decline According to Dark Defender, a 
crypto analyst on X (formerly Twitter), the RSI’s recurrent dips into oversold 
territory indicate that XRP could experience a price crash to new lows. The 
analyst disclosed that the XRP price had previously found strong support at 
$2.17; however, the cryptocurrency experienced a bounce to the upside. After 
hitting this support level, the XRP price is now consolidating, a pattern 
often associated with a potential uptrend after a correction. Despite the 
slight market recovery, the analyst has warned of another impending price 
crash in this same support zone as the RSI approaches oversold levels once 
more. Earlier in December, the RSI had hit oversold territories after dipping 
below 30%. Now XRP’s RSI is above 50% and signaling a potential to experience 
a price correction between the support levels at $2.17 and $2.18. Dark 
Defender has revealed that this price crash could occur soon as XRP is 
expected to enter oversold territory within a day. Despite this potential 
price correction, the analyst has acknowledged that the XRP’s broader outlook 
still looks bullish, with an uptrend continuation expected once the market 
consolidates following its projected price dip to new lows. Dark Defender has 
also predicted that XRP’s next price target after this projected correction is 
likely above $3, marking an almost 40% increase from the $2.17 support area. 
XRP 3-Month Chart Signals Strong Bullish Set Up Following his predictions that 
the XRP price could crash as it enters oversold conditions, Dark Defender also 
shared a 3-month chart analysis, painting a brighter outlook for the 
cryptocurrency. The chart shows that XRP has recently broken through a multi- 
year resistance level for the first time in over five years, signaling a 
strong bullish shift. Related Reading: Bitcoin Price Crash Below $100,000 Not 
The End As Analyst Predicts Another 52% Jump The three-month green candle 
structure between October and December confirms strong buying pressure, 
setting the stage for a potentially bullish Q1 2025 from January to March. A 
rounded bottom pattern can also be seen on the XRP 3-month chart. This pattern 
is a classic bullish reversal structure that indicates a gradual move from a 
downtrend to an uptrend. Dark Defender has marked several Fibonacci levels as 
potential price targets for XRP. According to the analyst, XRP could see a 
261.80% rise to the 5.8563 Fibonacci level between $5 to $9. After which, the 
analyst expects a 361.80% surge to the 18.2275 Fibonacci between $16 to $28. 
Support levels at the 0.6649 Fibonacci at $0.9 have also been highlighted, 
acting as a safety net for XRP during price corrections. Featured image 
created with Dall.E, chart from Tradingview.com

XRP Price Crash: Analyst Says Don’t Get Distracted As RSI Is Still Above A Bullish 50%

Marathon Digital Holdings is redefining the narrative around Bitcoin mining by 
repurposing its excess heat to benefit communities in Finland. In a Dec. 20 
statement on X, the company said it provides heating for approximately 80,000 
residents through a forward-thinking approach that merges innovation and 
environmental responsibility. This success builds on a pilot project launched 
[…]
The post Marathon Digital warms 80,000 Finnish homes with heat generated from 
Bitcoin mining appeared first on CryptoSlate.

Marathon Digital warms 80,000 Finnish homes with heat generated from Bitcoin mining

Bitcoin has faced its first major correction since early November, dropping 
13% from its all-time high of $108,364. This sudden pullback has sent 
shockwaves across the crypto market, shifting sentiment from extreme 
bullishness to uncertainty and even fear. The sell-off has been particularly 
brutal for altcoins, many of which are bleeding hard as Bitcoin struggles to 
regain momentum. Related Reading: On-Chain Metrics Reveal Cardano Whales Are 
‘Buying The Dip’ – Details Key metrics from CryptoQuant highlight the gravity 
of the situation, with realized losses totaling $28.9 million—an alarming 3.2 
times higher than the weekly average. This spike in realized losses suggests 
that some investors exit positions as the market recalibrates after weeks of 
aggressive upward movement. The big question now is whether this is simply a 
healthy correction in an otherwise bullish trend or the start of a larger 
downtrend. Traders are closely watching Bitcoin’s ability to hold critical 
support levels and the behavior of altcoins, which often amplify Bitcoin’s 
price movements. For now, the market remains at a crossroads, with the coming 
days likely to reveal whether Bitcoin can recover and resume its uptrend—or if 
this correction signals a more prolonged period of weakness. Bitcoin Facing 
Selling Pressure Bitcoin is under significant selling pressure after two days 
of aggressive bearish activity, marking a pivotal moment for the market. The 
sudden sentiment shift has caused many analysts and investors to turn 
cautious, with some flipping bearish as Bitcoin’s recent trend begins to lose 
momentum. This correction has left the market questioning whether the current 
price movement is a natural pause or a precursor to deeper losses. Top analyst 
Axel Adler recently shared insights on X, supported by compelling on-chain 
data, highlighting that realized losses have surged to $28.9 million. This 
figure is 3.2 times higher than the weekly average, indicating heightened 
selling activity. Adler’s analysis underscores that while the sell-off might 
seem alarming, it’s consistent with a healthy market correction, especially 
following Bitcoin’s remarkable rally to $108,300. Adler notes that the current 
dip should not trigger panic but instead serve as a moment of patience for 
long-term holders. He emphasized that now is a time to HODL unless additional 
bearish signals emerge to suggest a more prolonged downtrend. Corrections like 
this often provide the market with the necessary fuel for the next leg up, as 
weaker hands exit and strong hands position themselves strategically. Related 
Reading: Solana Holds Monthly Support As Network Activity Grows – Time For A 
Breakout? Price action remains critical, with investors watching closely to 
determine whether this correction solidifies a strong foundation for future 
growth or signals further downside. BTC Holding Bullish Structure (For Now) 
Bitcoin is trading at $94,400 following three consecutive days of aggressive 
selling pressure. Despite the apparent bearish sentiment gripping the market, 
BTC has managed to maintain its footing above the key support level of 
$92,000. This support is crucial as it clearly defines the ongoing uptrend. 
Holding above this level suggests resilience and sets the stage for a 
potential strong bounce if buyers regain control in the coming sessions. While 
the recent price action reflects uncertainty, the decline has not been as 
severe as the market sentiment indicates. Negative emotions have driven many 
traders to adopt a cautious stance, but BTC’s ability to stay above $92,000 
shows underlying strength in the market structure. Related Reading: ONDO 
Exchange Inflows Grow – Volatility Ahead? However, sentiment remains a 
critical market driver. Restoring confidence will be essential for Bitcoin to 
reclaim higher levels and resume its bullish momentum. If sentiment does not 
improve and prices continue to drop, the risk of a deeper correction becomes 
more likely. Losing the $92,000 support could pave the way for a retest of 
lower levels, potentially causing additional volatility. Featured image from 
Dall-E, chart from TradingView

Bitcoin Realized Losses Spike 3 Times The Weekly Average – Healthy Correction Or Downturn?

Tether has invested $775 million into video sharing platform Rumble just weeks 
after the platform announced it would be adding Bitcoin to its balance sheet.

Tether pours $775M into video sharing platform Rumble

Coinbase&#8217;s latest market outlook for 2025 identifies tokenization, DeFi 
resurgence, and a shift toward pro-crypto regulation in the US as key trends 
for the following year. Coinbase anticipates 2025 as a pivotal year for US 
crypto legislation after years of regulatory ambiguity. The exchange said 
these developments could redefine how crypto integrates with traditional 
finance […]
The post Coinbase believes tokenization, DeFi will be key themes in 2025 amid 
pro-crypto policies appeared first on CryptoSlate.

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