Ethereum price started a recovery wave above the $2,120 zone. ETH is now 
consolidating and might rally if there is a clear move above the $2,150 
resistance. Ethereum started a recovery wave above the $2,125 zone. The price 
is trading below $2,150 and the 100-hourly Simple Moving Average. There is a 
contracting triangle forming with resistance at $2,150 on the hourly chart of 
ETH/USD (data feed via Kraken). The pair could start a fresh decline if it 
stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum 
price remained bid above the $2,080 support zone, like Bitcoin. ETH price 
formed a base and started a recovery wave above the $2,100 resistance. The 
price surpassed the 50% Fib retracement level of the downward move from the 
$2,197 swing high to the $2,075 swing low. However, the bears are active near 
$2,150. There is also a contracting triangle forming with resistance at $2,150 
on the hourly chart of ETH/USD. Ethereum price is now trading below $2,140 and 
the 100-hourly Simple Moving Average. If the bulls remain in action above 
$2,110, the price could attempt another increase. Immediate resistance is seen 
near the $2,140 level. The first key resistance is near the $2,150 level or 
the 61.8% Fib retracement level of the downward move from the $2,197 swing 
high to the $2,075 swing low. The next major resistance is near the $2,176 
level. A clear move above the $2,176 resistance might send the price toward 
the $2,220 resistance. An upside break above the $2,220 region might call for 
more gains in the coming days. In the stated case, Ether could rise toward the 
$2,265 resistance zone or even $2,320 in the near term. Another Drop In ETH? 
If Ethereum fails to clear the $2,150 resistance, it could start a fresh 
decline. Initial support on the downside is near the $2,110 level. The first 
major support sits near the $2,065 zone. A clear move below the $2,065 support 
might push the price toward the $2,020 support. Any more losses might send the 
price toward the $2,000 region. The main support could be $1,940. Technical 
Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the 
bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. Major 
Support Level – $2,020 Major Resistance Level – $2,150

Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with &#8230;

Ethereum Price Eyes Breakout Move, Traders Watch Key Resistance Closely

Coinbase&#8217;s thematic perpetual contracts could democratize access to diverse 
global sectors, enhancing market liquidity and trading flexibility.
The post Coinbase launches thematic perpetual contracts for AI, China, and US 
security sectors appeared first on Crypto Briefing.

Coinbase&#8217;s thematic perpetual contracts could democratize access to diverse global sectors, enhancing market liquidity and trading flexibility. The post Coinbase launches thematic perpetual contracts for AI, China, and US security sectors appeared first on Crypto Briefing.

Coinbase launches thematic perpetual contracts for AI, China, and US security sectors

The CLARITY Act&#8217;s passage could position the US as a leader in digital asset 
regulation, fostering innovation and market stability.
The post Sen. Cynthia Lummis advocates for CLARITY Act to ensure digital asset 
regulation appeared first on Crypto Briefing.

The CLARITY Act&#8217;s passage could position the US as a leader in digital asset regulation, fostering innovation and market stability. The post Sen. Cynthia Lummis advocates for CLARITY Act to ensure digital asset regulation appeared first on Crypto Briefing.

Sen. Cynthia Lummis advocates for CLARITY Act to ensure digital asset regulation

Crypto analyst Will Taylor, known as Cryptoinsightuk on X, said XRP’s market- 
cap dominance still shows a bullish structure despite its recent pullback from 
a key range high. His latest chart of XRP.D maps a potential long-term move 
toward 31.26% dominance, far above the current area near 3.315%. Taylor’s 
argument centers on market structure rather than short-term sentiment. In the 
chart, XRP dominance is shown holding above a major horizontal level around 
3.315%, after breaking out from a multi-year range and failing to fully clear 
the 6.127% area. The weekly setup then compresses into a descending wedge, 
with the analyst suggesting that the retracement has not yet invalidated the 
broader breakout. “As I look at $XRP.D, I still struggle to feel bearish 
here,” Taylor wrote. “What I think we’re seeing is: a completed Wyckoff 
accumulation, a breakout above the major 3.315% resistance, a failed attempt 
to fully break through the 6.127% range high, then a pullback into a 
compressed descending wedge.” The Path To 31% Market Dominance For XRP The 
chart presents 6.127% as the next major range high, while 31.26% is marked 
much higher on the dominance scale as a possible upside objective. That 
framing implies an aggressive expansion in XRP’s share of the total crypto 
market if the analyst’s continuation thesis plays out. It does not require XRP 
alone to rise in isolation; dominance can also increase if XRP outperforms 
other major crypto assets during a broader rotation. Related Reading: XRP’s 
Big Buyers Returned In April But left In May: Capital Inflows Data Explains 
The Shift Taylor’s focus is on the behavior after the failed push through 
6.127%. Rather than seeing the rejection as evidence of distribution, he 
described the current structure as compression. In his view, a decisive 
bearish breakdown would likely look different, with stronger downside momentum 
and heavier sell pressure. “To me, that matters,” he said. “Because descending 
wedges are often reversal / continuation structures, especially when they’re 
paired with diminishing volume. If sellers were truly in control, I’d expect 
to see expanding downside volatility and aggressive sell volume, not 
compression.” The chart also includes RSI, which has been trending lower 
alongside price compression. Taylor argued that this does not yet represent a 
full structural breakdown. Instead, he said the indicator appears to be 
compressing in its own downtrend while XRP dominance holds above the breakout 
zone. That distinction is central to his thesis. A market that breaks out, 
rejects at a higher resistance, then consolidates above former resistance can 
still be read as constructive, provided the former breakout level is defended. 
In this case, the 3.315% zone is the key reference point. A sustained loss of 
that area would weaken the continuation argument, while a breakout from the 
wedge could bring the 6.127% range high back into focus. The Wyckoff Thesis 
The Wyckoff labels on Taylor’s chart are central to the bullish reading. The 
structure marks a long accumulation sequence beginning with preliminary 
support, or PS, followed by a selling climax and secondary test around the 
2020–2021 lows. The subsequent automatic rally, secondary test and “spring” 
are presented as the base-building phase before XRP dominance reclaimed higher 
ground. Related Reading: Solana ETF Falls Behind As XRP Collects More 
Cash—Here’s The Catalyst Driving The Split From there, the chart identifies a 
move over the “creek”, a Wyckoff term often used to describe the transition 
out of an accumulation range, followed by a sign of strength near the 6.127% 
range high. The latest pullback is labeled as an LPS, or last point of 
support, which in Wyckoff analysis is typically watched as a potential higher- 
low area before continuation. That makes the 31.26% marker more than a loose 
upside arrow in Taylor’s framing. The chart is effectively arguing that XRP 
dominance has moved from accumulation into markup, with the current descending 
wedge serving as a possible consolidation above the breakout zone rather than 
evidence of failed demand. The bullish case depends on that LPS interpretation 
holding; if the structure breaks back below the reclaimed 3.315% level, the 
Wyckoff continuation thesis would become harder to defend. Taylor also framed 
the setup as one that may need a catalyst. “It honestly feels like XRP 
dominance is waiting for a catalyst before attempting another move higher,” he 
wrote. “I know this goes against a lot of current sentiment and market 
interpretation, but I’d genuinely love to hear the bearish argument from here 
structurally, because right now I still see more signs pointing toward bullish 
continuation than full distribution.” The 31.26% marker gives the chart its 
most striking implication, but the nearer technical question is whether XRP 
dominance can continue to hold the reclaimed 3.315% level and resolve the 
wedge to the upside. For now, Taylor’s read is clear: the structure has pulled 
back, but in his view, it has not yet broken. At press time, XRP traded at 
$1.36. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Will Taylor, known as Cryptoinsightuk on X, said XRP’s market- cap dominance still shows a bullish structure despite its recent pullback from a key range high. His latest chart of XRP.D maps a potential long-term move toward 31.26% dominance, far above the current area near 3.315%. Taylor’s argument centers on market structure rather &#8230;

Analyst Maps XRP’s Path To 31% Of The Entire Crypto Market

Bitcoin price started a recovery wave above the $77,000 zone. BTC is 
consolidating and might aim for more gains if it clears the $78,000 resistance 
zone. Bitcoin managed to form a base above $76,200 and started a recovery 
wave. The price is trading above $77,000 and the 100 hourly simple moving 
average. There is a contracting triangle forming with resistance at $77,900 on 
the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might 
gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes 
Fresh Gains Bitcoin price remained supported above the $76,500 zone. BTC 
formed a base and settled above $76,800 to start a recovery wave. There was a 
move above the $77,000 and $77,200 levels. The bulls were able to push the 
price above the 23.6% Fib retracement level of the downward move from the 
$82,016 swing high to the $76,020 low. However, the bears are active near 
$78,000. There is also a contracting triangle forming with resistance at 
$77,900 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above 
$77,200 and the 100 hourly simple moving average. If the price remains stable 
above $77,200, it could attempt a fresh increase. Immediate resistance is near 
the $78,000 level. The first key resistance is near the $78,500 level. A close 
above the $78,500 resistance might send the price further higher. In the 
stated case, the price could rise and test the $79,000 resistance or the 50% 
Fib retracement level of the downward move from the $82,016 swing high to the 
$76,020 low. Any more gains might send the price toward the $81,200 level. The 
next barrier for the bulls could be $82,000. Another Drop In BTC? If Bitcoin 
fails to rise above the $78,000 resistance zone, it could start another 
decline. Immediate support is near the $77,200 level. The first major support 
is near the $76,800 level. The next support is now near the $76,200 zone. Any 
more losses might send the price toward the $75,000 support in the near term. 
The main support now sits at $74,200, below which BTC might struggle to 
recover in the near term. Technical indicators: Hourly MACD – The MACD is now 
gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The 
RSI for BTC/USD is now above the 50 level. Major Support Levels – $76,800, 
followed by $76,200. Major Resistance Levels – $78,000 and $79,000.

Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a &#8230;

Bitcoin Price Consolidates Near Lows As Market Searches For Direction

Google&#8217;s global expansion of AI creative tools could reshape content creation, 
challenging industry leaders and altering creative workflows.
The post Google Flow expands globally, introduces Gemini Omni and new music 
features appeared first on Crypto Briefing.

Google&#8217;s global expansion of AI creative tools could reshape content creation, challenging industry leaders and altering creative workflows. The post Google Flow expands globally, introduces Gemini Omni and new music features appeared first on Crypto Briefing.

Ethereum Price Eyes Breakout Move, Traders Watch Key Resistance Closely

Comments