XRP price started a downside correction below the $1.350 zone. The price is 
now showing bearish signs and might decline further below $1.3120. XRP price 
started a downside correction after it failed to stay above the $1.350 zone. 
The price is now trading below $1.340 and the 100-hourly Simple Moving 
Average. There is a bearish trend line forming with resistance at $1.3580 on 
the hourly chart of the XRP/USD pair (data source from Kraken). The pair could 
continue to move down if it stays below $1.3550. XRP Price Dips Below Support 
XRP price struggled to stay above $1.3650 and started a fresh decline, like 
Bitcoin and Ethereum. The price dipped below the $1.3550 and $1.3500 levels. 
The price declined below $1.340. There was a clear move below the 61.8% Fib 
retracement level of the upward move from the $1.30 swing low to the $1.3740 
high. Besides, there is a bearish trend line forming with resistance at 
$1.3580 on the hourly chart of the XRP/USD pair. The price is now trading 
below $1.340 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $1.3340 level. The first 
major resistance is near the $1.340 level, above which the price could rise 
and test $1.350. A clear move above the $1.350 resistance might send the price 
toward the $1.3580 resistance and the trend line. Any more gains might send 
the price toward the $1.3650 resistance. The next major hurdle for the bulls 
might be near $1.3740. More Downside? If XRP fails to clear the $1.340 
resistance zone, it could start a fresh decline. Initial support on the 
downside is near the $1.3175 level. The next major support is near the $1.3125 
level and the 83.2% Fib retracement level of the upward move from the $1.30 
swing low to the $1.3740 high. If there is a downside break and a close below 
the $1.3125 level, the price might continue to decline toward $1.3020. The 
next major support sits near the $1.30 zone, below which the price could 
continue lower toward $1.2920. Any more losses might call for a test of 
$1.2880. 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 – $1.3175 and 
$1.3125. Major Resistance Levels – $1.3400 and $1.3580.

XRP price started a downside correction below the $1.350 zone. The price is now showing bearish signs and might decline further below $1.3120. XRP price started a downside correction after it failed to stay above the $1.350 zone. The price is now trading below $1.340 and the 100-hourly Simple Moving Average. There is a bearish &#8230;

XRP Price Under Pressure Again, Traders Eye Possible Weekly Breakdown

Block’s Cash App has begun a phased rollout of USDC support, turning the app 
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Block’s Cash App is gradually enabling stablecoin payments for its nearly 60 
million…

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Cash App starts rolling out USDC payments to nearly 60 million users

SUI is showing signs of stability after finding support at a key technical 
confluence zone, giving bulls hope for a potential rebound. However, despite 
the strong support structure, broader market signals continue to point toward 
lingering downside risks, with concerns growing that the current trend may 
still favor a deeper corrective move. Holding Firm At Key Breakout Retest Zone 
In the face of waning market action, crypto strategist Scient highlighted a 
critical juncture for SUI. After a measured pullback, the asset has 
successfully tested and maintained support at the Value Area High (VAH) of its 
previous daily trading range. This level is key, as it marks the original 
breakout point, signaling that bulls have successfully defended their 
territory. Related Reading: SUI Is One Of ‘The Most Under-Discussed Setups’ In 
Crypto, Says Analyst A 12-hour breaker block acts as the catalyst for the 
initial breakout, which now serves as a robust defensive barrier. Adding to 
this validation, a dense cluster of Exponential Moving Averages (EMAs) is 
converging in the same area. This combination creates a powerful confluence of 
indicators that bolsters the case for price stability. This alignment, 
comprising the VAH, the breaker block, and the EMA cluster, creates three 
distinct layers of support at a single critical price level. As long as these 
supports hold, the market structure remains resilient, suppressing bearish 
momentum and favoring consolidation. Given this defensive posture, the path of 
least resistance now points upward, targeting the 0.618–0.786 Fibonacci 
extension zone. Should this accumulation phase continue to hold, this target 
remains the logical destination for the recovery. SUI Still Struggles To 
Confirm A Meaningful Bottom According to a report by MCO Global, SUI has yet 
to confirm a meaningful market low, raising concerns regarding the asset&#8217;s 
broader structural health. The prevailing technical analysis suggests that the 
current recovery phase may represent a completed wave 4. If this wave 
structure holds, the asset appears positioned to initiate a fifth wave 
decline, with technical targets projected in the 65-cent to 49-cent range. 
Related Reading: SUI Surges 40%: Analytics Firm Explains What’s Driving The 
Rally On the technical front, immediate overhead resistance is concentrated 
within the $1.12 to $1.31 corridor. A decisive daily close above $1.31 is the 
essential move to improve the outlook and support an extended wave 4 recovery, 
with upside targets potentially reaching between $1.44 and $2.08. Failing to 
clear this hurdle leaves the asset exposed, with immediate downside support 
levels at $0.97, $0.88, and $0.81. Ultimately, the current price action is 
increasingly mirroring a classic five-wave decline from the May highs. Until 
the market demonstrates a shift toward impulsive, high-conviction buying, the 
technical evidence continues to favor lower prices over an immediate 
structural reversal. Featured image from Adobe Stock, chart from 
Tradingview.com

SUI is showing signs of stability after finding support at a key technical confluence zone, giving bulls hope for a potential rebound. However, despite the strong support structure, broader market signals continue to point toward lingering downside risks, with concerns growing that the current trend may still favor a deeper corrective move. Holding Firm At &#8230;

SUI Finds Strong Technical Support, Yet Broader Downtrend Fears Persist

BlackRock IBIT saw $1.29 billion in shares cross a dark pool Tuesday, one of 
the largest blocks on record. BlackRock IBIT saw $1.29 billion in shares cross 
a dark pool Tuesday, one of the largest blocks on record. A nearly…

BlackRock IBIT saw $1.29 billion in shares cross a dark pool Tuesday, one of the largest blocks on record. BlackRock IBIT saw $1.29 billion in shares cross a dark pool Tuesday, one of the largest blocks on record. A nearly…

BlackRock IBIT sees $1.3B dark pool sale

Zscaler&#8217;s guidance miss raises concerns about broader cybersecurity market 
stability and potential deceleration in enterprise security spending.
The post Zscaler shares plunge 25% on weak guidance, dragging cybersecurity 
peers down with it appeared first on Crypto Briefing.

Zscaler&#8217;s guidance miss raises concerns about broader cybersecurity market stability and potential deceleration in enterprise security spending. The post Zscaler shares plunge 25% on weak guidance, dragging cybersecurity peers down with it appeared first on Crypto Briefing.

Zscaler shares plunge 25% on weak guidance, dragging cybersecurity peers down with it

Offerbook&#8217;s launch could democratize DeFi lending on Solana, enabling access 
to capital for illiquid assets and fostering broader financial inclusion.
The post Jupiter Exchange launches Offerbook in public beta for Solana lending 
appeared first on Crypto Briefing.

Offerbook&#8217;s launch could democratize DeFi lending on Solana, enabling access to capital for illiquid assets and fostering broader financial inclusion. The post Jupiter Exchange launches Offerbook in public beta for Solana lending appeared first on Crypto Briefing.

XRP Price Under Pressure Again, Traders Eye Possible Weekly Breakdown

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