Pi Coin’s steep decline since May reflects waning hype and thinning liquidity following its mainnet launch, but technical patterns and upcoming events suggest a potential reversal. As volatility dries up and the price consolidates within a classic bullish wedge formation,…

Pi Network price eyes a strong rebound as a rare pattern forms

Bitcoin ( BTC) extended its streak of trading above $100,000 to more than 40 
days but closed the week at $103,355, marking a 1.3% dip. Meanwhile, bitcoin 
cash ( BCH) outshined the broader market with a near 10% gain, reaching over 
$476 as of June 21 at 12:20 p.m. EST. BTC Holds Firm Amid Global […]

Crypto Market Sees Mixed Results: BCH Surges, Hyperliquid Dips

After weeks of lower highs and higher lows, XRP’s daily candlestick price 
chart is now giving a signal that could dictate the next major move. Although 
the token is still holding above key horizontal levels near $2.13, technical 
data suggests momentum is starting to slip. A technical analysis of XRP’s 
daily RSI indicator offers a clue into what comes next, and it’s not 
necessarily bullish in the short term. XRP RSI Breakdown: Loss Of Strength In 
Momentum According to an analysis posted by crypto chartist CasiTrades on the 
social media platform X, XRP’s Relative Strength Index (RSI) has just broken 
beneath a well-respected trendline that had been tracking higher lows since 
early April. The breakdown of this RSI structure, which is shown on the lower 
half of the chart below, is a strong shift in the short-term momentum dynamics 
for XRP. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst 
Reveals Key Insight It shows that despite the XRP price holding relatively 
flat above the 0.5 Fibonacci level at $2.13, internal market strength has 
clearly weakened. The RSI had been forming a tightening wedge pattern for 
weeks, just like the price action’s compression at the apex of a symmetrical 
triangle on the daily timeframe. This type of RSI trendline break typically 
signals a coming volatility expansion, and as the analyst warns, the release 
may come with a sharp sweep to major support before XRP reverses. It’s a 
common occurrence for major price reversals to be preceded by a push into 
lower supports. In the case of XRP, crypto analyst CasiTrades highlighted some 
price targets to watch for reversals in case there&#8217;s a breakdown in XRP price. 
Support Levels At Risk: XRP Searching For Rebound Level XRP’s price action is 
now entering an important test phase, one that could take its price lower 
before rebounding for the next major rally. Analysis from CasiTrades shows a 
few demand zones where buyers have stepped in. These demand zones are situated 
at $2.01, which aligns with the 1.236 Fibonacci extension, the $1.90 price 
level, and $1.55, which corresponds with the 0.618 retracement level from one 
of the recent rallies. These levels are filled with enough liquidity, and 
until XRP breaks and holds above $3, these supports will always be in play. If 
XRP hits one of these support levels cleanly and exhibits a sharp V-shaped 
recovery, that would signal the market found its pivot. Related Reading: 
Dogecoin Breaks Free—Could Soar 60%, Analyst Says However, if XRP approaches 
these levels and stalls or bounces prematurely, that may lead to a final 
shakeout move, forming a deeper low before the real reversal begins. Either 
way, the RSI breakdown has now tilted short-term risk toward the downside, at 
least until price confirms a strong reclaim above $2.50 and $3. At the time of 
writing, XRP is trading at $2.11, down by 2% in the past 24 hours. Featured 
image from Picjumbo, chart from TradingView

XRP Daily RSI Trendline Breaks Down – What It Means For Price

U.S. President Donald Trump launched a blistering critique of Federal Reserve 
Chair Jerome Powell this week, intensifying his demand for lower interest 
rates as Rep. Thomas Massie (R-Ky.) reinforced concerns about the central 
bank’s fading influence. Trump Slams Fed as Nation Ranks 35th in Global 
Interest Rates President Donald Trump is once again targeting Federal […]

Interest Rate Showdown: Trump vs. Powell, Massie vs. the Fed

Ripple&#8217;s legal counsel Bill Morgan has dismissed speculation that the U.S. 
government could seize XRP tokens from the company&#8217;s escrow accounts for 
national reserve purposes. Morgan&#8217;s blunt &#8220;No it won&#8217;t&#8221; response countered 
analyst John Squire&#8217;s claims about potential government confiscation…

XRP’s safe, for now, Ripple lawyer dismisses government seizure claims

Michael Saylor has doubled down on his Bitcoin price prediction, citing 
massive geopolitical and regulatory changes.