Bitcoin analysts believe BTC price could drop in the short term before initiating a rally to all-time highs above $140K.

Bitcoin price will see 'short-term correction' before $140K: Analysts

Tether&#8217;s open-source MOS could democratize Bitcoin mining, enhancing 
decentralization and security while enabling smaller players to compete.
The post Tether to open-source Bitcoin Mining Operating System to empower 
small, mid-sized miners, says Paolo Ardoino appeared first on Crypto Briefing.

Tether to open-source Bitcoin Mining Operating System to empower small, mid-sized miners, says Paolo Ardoino

Shiba Inu price has already dropped 30% from its May high, and ongoing whale 
activity suggests further sell-off may be ahead this month. Shiba Inu (SHIB) 
has fallen from its May peak of $0.00001757 to $0.00001260, currently hovering 
at its…

Shiba Inu price plot thickens as whales dump continues

A multi-agency investigation traced illicit funds to a suspected $123 million 
crypto laundering operation hiding behind a security company.

Australia unmasks $123M crypto laundering ring behind security firm

Bitcoin’s recent correction raises the question: is this just a pullback, or 
the beginning of a range-bound market? A breakdown in structure may hint at 
deeper retracements ahead. Bitcoin (BTC) has seen a notable shift in momentum 
following a strong…

Is Bitcoin still bullish or trapped in a range? key market structure at risk

The XRP price is holding strongly above $2, maintaining its momentum as 
technical indicators show signs of a bullish trend. Notably, a distinct 
Falling Channel on the XRP price chart suggests that a breakout could be 
brewing, with a potential rally toward $3.8 in sight. XRP Price Holds Steady 
As Bulls Target $3.8 A technical analysis by Rose Premium Signals reveals that 
XRP is currently flashing strong bullish signals following a breakout from a 
long-term Falling Channel. Earlier in January, XRP broke past $3 but 
experienced a strong correction that has kept its price down ever since. 
Despite the ongoing downtrend, XRP has been firmly holding above the $2 
threshold as it prepares for new all-time highs. Related Reading: What Happens 
To The XRP Price If The 2017 Fractal Plays Out Again? Previously, XRP traded 
within a descending range for several months, forming lower highs and lower 
lows. However, recent price action has seemingly invalidated this downtrend 
structure with a decisive breakout above the upper boundary of the Falling 
Channel, indicating a potential trend reversal and the beginning of a bullish 
continuation. The chart shared by Rose Premium Signals on X (formerly Twitter) 
shows that after the breakout, XRP has been consolidating above the former 
resistance-turned-support zone, around the $2 level. The analyst confidently 
states that XRP’s outlook remains inherently bullish despite past downtrends, 
suggesting that the recent consolidation pattern indicates that bulls are 
still in control. Notably, the breakout above the Falling Channel is 
significant, as it typically implies a strong upside move, especially on 
higher time frames. Projected price targets based on technical formation are 
positioned at $2.9520, $3.3967, and $3.8767. Interestingly, the highest 
projected target exceeds XRP’s all-time high of $3.84 and reflects a 73.54% 
increase from current price levels. It’s important to note that these bullish 
targets forecasted by Rose Premium Signals align with historical resistance 
zones and measured moves from the Falling Channel breakout. If momentum 
sustains and market conditions remain favorable, XRP could rally toward these 
targets over the coming weeks, potentially offering significant upside for 
long-term holders and traders. Analyst Says Buy The Dip, With Ideal Entry At 
$1.85 While forecasting several optimistic targets for XRP, Rose Premium 
Signals emphasized a strategy of buying the altcoin during dips. This method 
aims to capitalize on low price points to maximize potential gains as XRP 
rebounds. Related Reading: Wave Count Analysis Reveals The XRP Price Trigger 
Point For Take-Off The analyst‘s chart highlights the $1.85 support level with 
a clear “Buy Here” label, suggesting that this level is considered an ideal 
entry point should the price revisit it. Currently, XRP is trading at $2.23, 
meaning a drop to $1.85 would represent a 17.04% decrease. According to the 
analysis, this support level also marks the base of the recent Falling Channel 
breakout, providing a favorable risk-reward setup for those looking to enter 
or expand their positions. Featured image from iStock, chart from 
Tradingview.com