XRPUSDT XRP is testing a critical support confluence around $1.95 โ right where the 200 EMA intersects with the horizontal support zone. The price structure is forming a rounded top, which could signal a potential trend reversal unless bulls step in soon.
The mid S/R zone (~$2.30) acted as a strong rejection zone, and XRP is now trading below that level, reflecting sustained selling pressure.
Support: $1.90 โ $2.00 (with 200 EMA dynamic support)
Breakdown below $1.95 = potential drop toward $1.60
Bullish reclaim only above $2.20 with strong volume
Bearish bias in the short term unless XRP reclaims the neckline of the arc. All eyes on how price reacts at the 200 EMA zone โ a bounce or breakdown will shape the next move.
Let me know in the comments โ Are you long, short, or watching from the sidelines? ๐ BTCUSDT ETHUSDTBNBUSDT
FTTUSDT Nearly 400,000 FTX users risk losing $2.5 billion in crypto repayments unless they complete KYC verification before the extended June 1 deadline.
BTCUSDT The US announced that the seasonally adjusted non-farm payrolls in March were 228k, an increase higher than the market expectation of 135k. The US unemployment rate rose to 4.2% in March, with an expected 4.1% and a previous value of 4.10%.
BTCUSDT Puts are trading at a premium to calls, signaling a spike in demand for downside protection. This skew is most pronounced in short-term maturities - a level of fear not seen since BTC was in the $20Ks in mid-โ23.
Despite this, BTC hasn't broken down like equities did on recent tariff headlines. That disconnect - rising panic without a price collapse - makes the current options market setup especially notable.
Skew like this usually appears when positioning is one-sided and fear runs high. TLDR: panic is elevated, but price is holding. Thatโs often what a bottom looks like
XRPUSDT At 15:04 UTC+8, Ripple unlocked 500 million XRP, worth approximately $1.02 billion, from the escrow account marked "Ripple (27)" and transferred it to addresses marked "Ripple (12)" and "Ripple (13)". Currently, Ripple (27) still holds 500 million XRP