XRP trades near $1.26 as RSI nears oversold levels, MACD stays bearish and 
whale withdrawals from Binance hit a 2021 low.

XRP trades near $1.26 as RSI nears oversold levels, MACD stays bearish and whale withdrawals from Binance hit a 2021 low.

XRP price nears oversold zone as whale withdrawals hit 2021 low

CME Group&#8217;s cryptocurrency futures and options have been trading continuously 
since 4:00 p.m. CT on May 29, making this the first full trading week without 
the classic weekend CME gap. Over the inaugural 48 hours, over 7,200 contracts 
changed hands, representing roughly $50 million in notional value, enough to 
confirm that institutional demand for weekend […]
The post Bitcoin starts its first gapless CME week as the market searches for 
a new signal appeared first on CryptoSlate.

CME Group&#8217;s cryptocurrency futures and options have been trading continuously since 4:00 p.m. CT on May 29, making this the first full trading week without the classic weekend CME gap. Over the inaugural 48 hours, over 7,200 contracts changed hands, representing roughly $50 million in notional value, enough to confirm that institutional demand for weekend &#8230;

Bitcoin starts its first gapless CME week as the market searches for a new signal

Bitcoin saw its price retrace after initially moving upwards and clearing the 
resistance at $80,000. Eventually, though, the price ended up hitting major 
resistance at $82,000 and falling back downward. Now, the Bitcoin price seems 
to be stuck in a sideways movement that threatens to be the end of the 
recovery. However, this might not be the end of the bullish trend that is 
being flagged on the chart. Why The Bitcoin Price Could Recover Quickly In a 
recent post, a pseudonymous crypto analyst who goes by HAMED_AZ highlighted 
three clear signals that could show that the bitcoin price is on the verge of 
a bullish reversal. The first of these is that the cryptocurrency has now 
entered a major demand zone. Related Reading: Bitcoin Enters Buy Zone That 
Previously Led To A 660% And 1,700% Rally This demand zone lies between 
$70,000 and $73,000, showing the levels where there has been the most support 
for the Bitcoin price in recent times. According to the crypto analyst, this 
demand zone has previously been a strong reaction zone and could continue in 
the same way. Next on the line is the ascending trendline that has appeared on 
the Bitcoin chart. This ascending trendline has held recently and has 
supported the uptrend previously. If this trend continues to hold, then it is 
likely that the Bitcoin price will continue to rise. Then, last but not least 
on the list is the fact that the 50% Fibonacci retracement. With the 0.5 
Fibonacci level sitting just around $71,302, it means that the BTC price has 
not fallen toward the general area of this level, creating alignment. Where Is 
The Price Headed? Following the analysis, the Bitcoin price could be looking 
at another upward recovery soon. However, just like before, there is still a 
lot of resistance lying in wait at the $82,000 level, meaning that this is the 
level to beat if bulls want to maintain the uptrend. Related Reading: Analyst 
Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why For the 
bearish case, the Bitcoin price would need to first break below the ascending 
trendline. This puts it below $71,000 at the current level, and if this 
happens, the crypto analyst says it would open the door for an even deeper 
correction for the cryptocurrency. Featured image from Dall.E, chart from 
TradingView.com

Bitcoin saw its price retrace after initially moving upwards and clearing the resistance at $80,000. Eventually, though, the price ended up hitting major resistance at $82,000 and falling back downward. Now, the Bitcoin price seems to be stuck in a sideways movement that threatens to be the end of the recovery. However, this might not &#8230;

The Bitcoin Retracement Rally And The Resistance Level That Could End It All

B3, the Brazilian stock exchange, will develop a digital twin of its 
depository database in a blockchain in preparation for a potential inclusion 
of these into the traditional financial system. B3 also expects to launch 
B3RL, a Brazilian real stablecoin, later this year. B3 Takes First Steps to 
Tokenize Stocks B3, Brazil’s stock exchange, is […]

B3, the Brazilian stock exchange, will develop a digital twin of its depository database in a blockchain in preparation for a potential inclusion of these into the traditional financial system. B3 also expects to launch B3RL, a Brazilian real stablecoin, later this year. B3 Takes First Steps to Tokenize Stocks B3, Brazil’s stock exchange, is &#8230;

Brazil’s B3 Readies Tokenized Stocks for H2 2026, But Says Direct Trading Will Have to Wait

Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and 
analysis targeted its 200-day moving average trend line.

Bitcoin fell to fresh two-month lows as BTC price weakness accelerated and analysis targeted its 200-day moving average trend line.

Bitcoin price falls under $70K as crypto markets liquidate $800M

Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran 
peace deal seemed to fade and oil prices spiked.

Bitcoin fell to its lowest levels since mid-April as chances of a US-Iran peace deal seemed to fade and oil prices spiked.

XRP price nears oversold zone as whale withdrawals hit 2021 low

Comments