Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen.

Bitcoin eyes $104K CME gap as analysis says 'World War 3' off the table

XRP has once again landed at an important support level that places it in view 
of a rebound upwards or at risk of a further 20% crash. According to technical 
analyst CasiTrades, the recent drop was anticipated for weeks, and the 
precision with which XRP touched the $2.01 zone has added weight to its 
importance. The analyst noted that the drop out of the symmetrical triangle 
consolidation was clean and technically sound, and the $2.01 level has so far 
acted as the level for an upward bounce. Technical Setup Says Danger Zone 
Below $2.00 Still Active XRP price action in the past few days has been marked 
by a downtrend. XRP lost the $2.13 price level over the weekend before 
eventually cascading to a crash below $2 in the past 24 hours. Particularly, 
XRP crashed to bottom out at $1.92 before staging a rebound back above $2, at 
least at the time of writing. Related Reading: XRP To End 7-Month 
Consolidation After 700% Surge – Is A Major Move Coming? As it stands, XRP is 
now back to trading at $2.01, a price level that holds utmost importance for 
its price action in the coming days. According to a technical analysis posted 
on the social media platform X by crypto analyst CasiTrades, $2.01 is 
important for XRP, as it coincides with a major 0.618 Fib support level. 
Supporting this view is a visible bullish divergence forming on both the 
15-minute and 1-hour Relative Strength Index (RSI), as depicted on the price 
chart below. However, the analyst was quick to warn that confirmation is still 
lacking on the higher 4-hour and daily timeframes. Without these 
confirmations, the bounce could still be nonexistent, and XRP could crash 
strongly below $2. XRP is currently at risk unless buyers manage to push its 
price into higher confirmation zones, specifically into the $3.00 range. 
According to CasiTrades, if any bounce at $2.01 fails to carry through, XRP 
could be headed for its next supports at $1.90 and then $1.55. The latter 
represents a rough 23% drop from current levels, a scenario that would 
invalidate the bullish RSI divergence on the smaller timeframes. Geopolitical 
Tensions Causing XRP Price Volatility The timing of XRP’s sharp drop over the 
weekend coincided with reports of geopolitical unrest, particularly the 
reported bombing of Iran by the US. This event caused widespread volatility in 
the crypto market, which was opened over the weekend. Related Reading: Why The 
XRP Price Risks A Crash To $0.9 As Bearish Pressures Mount Although the 
decline seems to be pausing in recent trading hours, it does not yet qualify 
as a bounce. XRP price is currently fragile, and without a reaction from 
buyers or confirmation across higher timeframes, the structure is bearish. 
Selling pressure from new geopolitical tensions or algorithmic moves could 
potentially lead to deeper declines during the new week, especially if $2.00 
fails to hold. In that case, XRP could be on track to retest the $1.90 support 
and even collapse toward the $1.55 before the end of the week. At the time of 
writing, XRP is trading at $2.01, down by 2.6% in the past 24 hours. Featured 
image from Pexels, chart from Tradingview.com

XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold

Mike Novogratz suggested that the U.S.&#8217;s bet that a vulnerable Iran is not 
interested in escalation could be beneficial for President Trump and risk 
assets if it plays out. Iran Ballistic Missiles Target Qatar Galaxy Digital 
founder and CEO Mike Novogratz has said the United States’ calculation that 
Iran’s vulnerability makes its retaliation against the […]

Iran Targets US Bases in Qatar; Novogratz Sees Market Upside If Retaliation Remains Limited

Anchorage Digital is expanding its Porto wallet with Uniswap integration, 
giving institutions direct access to DeFi swaps and liquidity.

Anchorage adds DeFi capability for institutions with Uniswap wallet integration

A top economist warns explosive energy price swings from escalating Middle 
East tensions are inflaming inflation risks, driving investor panic, and 
threatening to destabilize fragile global growth. Global Markets Rattle With 
Energy Price Volatility and Mounting Inflation Pressures Rising geopolitical 
instability is jolting global markets, injecting sharp uncertainty into oil 
prices and casting fresh doubts […]

Oil Markets on Knife-Edge With Brent Poised for Violent Breakout Amid War Fears

Trump Media’s recently announced $400-million buyback plan will not alter its 
strategy of using $2.3 billion to invest in Bitcoin, according to the company.