Friday, October 2, 2026
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

XRP Breaks Out Of Head-And-Shoulders Pattern — Eyes Move Toward $1.30

by SB Crypto Guru News
April 8, 2025
in Bitcoin
Reading Time: 5 mins read
0 0
A A
0


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

XRP is trading at critical levels after dropping below the $2 mark on Sunday, following a wave of panic selling across the crypto market. The move came as global financial markets reacted sharply to aggressive new U.S. tariffs, escalating trade tensions and sending risk assets tumbling. XRP, like many altcoins, has been hit hard by the volatility, with sentiment turning increasingly bearish.

Related Reading

Adding to the concern, top analyst Ali Martinez shared technical insights that point to further downside. According to Martinez, XRP is currently breaking out of a head-and-shoulders pattern — a classic bearish setup that often signals the beginning of a larger correction once the neckline is broken.

If the pattern plays out, XRP could be heading toward the $1.30 level, a key zone of historical demand and potential support. With market conditions already fragile and uncertainty growing, this pattern reinforces the bearish outlook for XRP in the short term.

Unless bulls can reclaim $2 and invalidate the breakdown, XRP may continue to bleed alongside the broader market. All eyes are now on how price behaves in the coming sessions, as traders assess the strength of this technical signal.

XRP Faces Bearish Outlook As Head-and-Shoulders Pattern Confirms Breakdown

XRP has now lost over 50% of its value since reaching its recent all-time high, and the market is showing no clear signs of stability. As fear spreads across both traditional and crypto markets, XRP remains under heavy pressure, with volatility intensifying in recent sessions. The broader landscape clouds with macroeconomic tension, particularly US tariffs that have triggered global trade concerns and sent risk assets into a tailspin.

The sentiment surrounding XRP is deeply divided. While some investors still believe that a broader market recovery could help XRP reclaim range highs, others remain skeptical. For now, price action supports the latter. Bulls have failed to defend the $2 mark — a critical psychological and technical level — and XRP has continued to trend lower.

Martinez added to the bearish narrative, sharing a technical breakdown on X that shows XRP is currently breaking out of a head-and-shoulders pattern. This formation is widely regarded as a bearish reversal signal, and Martinez suggests that the confirmed breakdown could send XRP tumbling toward the $1.30 level. That target aligns with historical demand and previous support zones, making it a likely destination if current momentum continues.

XRP breaking down from head-and-shoulders pattern. Source: Ali Martinez on X
XRP breaking down from head-and-shoulders pattern. Source: Ali Martinez on X

Unless bulls reclaim $2 quickly and invalidate the pattern, XRP may struggle to recover in the near term. With the broader market still unstable and high-risk assets under pressure, the bearish outlook for XRP appears to be gaining traction. The coming days will be critical as traders watch whether XRP stabilizes — or slips further into its current downtrend.

Related Reading

Bulls Struggle At $1.86 And Fight To Avoid Deeper Correction

XRP is trading at $1.86 after several days of struggling to reclaim higher levels, with selling pressure dominating price action. Bulls lost momentum once the price broke below the key $2 support, which had previously served as a psychological and technical floor. Since then, XRP has continued to slide, failing to generate enough buying volume to spark a meaningful recovery.

Price trading below the $2 mark. Source: XRPUSDT chart on TradingView
Price trading below the $2 mark. Source: XRPUSDT chart on TradingView

The current level around $1.86 is now acting as a short-term support zone, but it remains vulnerable. If XRP doesn’t hold above this area, sellers will likely push it toward the $1.50 region. This level marks a significant demand zone from previous market cycles and could act as the next stop in the event of continued bearish pressure.

Related Reading

On the flip side, if bulls can manage a swift rebound and push the price back above $2, it may trigger a short-term relief rally. Reclaiming that level would invalidate some of the recent bearish momentum and potentially set the stage for XRP to target higher resistance around $2.20 and beyond.

For now, XRP remains caught in a delicate spot — and what happens next will depend largely on whether buyers step in to defend the current support zone.

Featured image from Dall-E, chart from TradingView



Source link

Tags: Bitcoin NewsBreaksCrypto NewsCrypto UpdatesEyesHeadandShouldersLatest News on CryptoMovePatternSB Crypto Guru NewsXRP
Previous Post

Crypto Markets Lose $1 Trillion as U.S. Tariff Tensions Spark Global Sell-Off

Next Post

Tatiana Trouvé and Thomas Schütte have taken over Pinault’s Venetian galleries: here are the works not to miss – The Art Newspaper

Related Posts

Frank Holmes: They Will Print $100 Trillion

by SB Crypto Guru News
October 1, 2026
0

Bitcoin miners already have the power, the land, and the substations that AI needs. Frank Holmes, executive chairman of HIVE...

Trump Meme Coin Gala Returns With 185 Seats, VIP Gold Watches – Bitcoin News

by SB Crypto Guru News
October 1, 2026
0

Key TakeawaysTRUMP’s top 185 holders on an official leaderboard can qualify for the Nov. 22 gala.TRUMP’s top 29 holders get...

Lowest Fee Bitcoin ATMs Announces Launch of More Than 400 ATMs Nationwide

by SB Crypto Guru News
October 1, 2026
0

Las Vegas, NV, October 1st, 2026, Chainwire Lowest Fee Bitcoin ATMs announced the launch of more than 400 cryptocurrency ATMs...

TopNod Wallet Debuts Access to Axil’s APT (Axil Pot), a T+0 On-Chain Yield Product for Everyday Idle Liquidity

by SB Crypto Guru News
October 1, 2026
0

Offering ~8% Target APY and Instant T+0 Liquidity with an Initial $10M Capacity Cap   Singapore, October 1, 2026 —TopNod...

Euler Finance V2 Deploys Multi-Collateral Vault Engine On Ethereum Mainnet

by SB Crypto Guru News
October 1, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a major development confirmed on SEPTEMBER...

Load More
Next Post
Tatiana Trouvé and Thomas Schütte have taken over Pinault’s Venetian galleries: here are the works not to miss – The Art Newspaper

Tatiana Trouvé and Thomas Schütte have taken over Pinault’s Venetian galleries: here are the works not to miss - The Art Newspaper

Will XRP be the Next Bitcoin? Price Stable as Ripple Acquires Prime Broker Hidden Road

Will XRP be the Next Bitcoin? Price Stable as Ripple Acquires Prime Broker Hidden Road

  • Trending
  • Comments
  • Latest

Liquid Gets 3,400 BTC Back After On-Chain Talks; White Hats Keep 598.5 BTC

September 7, 2026

Binance Plans Kazakhstan Settlement Hub for CIS and Eastern European Clients

September 7, 2026

Aave Governance Weighs Emergency Freeze Powers For Active Exploits

September 8, 2026

Tether Alloy Gold-Backed Reserves Cross $210M

September 7, 2026

Wait for the CFTC to Rewrite the Rules

September 5, 2026
In 1960s New York, three single mothers bought a house together and turned it into a thriving live/work space – The Art Newspaper

In 1960s New York, three single mothers bought a house together and turned it into a thriving live/work space – The Art Newspaper

November 20, 2025

Contemporary Istanbul founder planning new fair on city’s Asian side – The Art Newspaper

0

BlackRock BUIDL Fund Expands Multi-Chain Liquidity Infrastructure

0

Bitcoin Posts Best Quarter Since 2024 as ETF Inflows Reach $6.34 Billion

0

Frank Holmes: They Will Print $100 Trillion

0

The Networking Mistake That Feels Productive but Quietly Stalls Your Business

0

TopNod Wallet Debuts Access to Axil’s APT (Axil Pot), a T+0 On-Chain Yield Product for Everyday Idle Liquidity

0

Evernorth Won Shareholder Vote, Putting 473 Million XRP Near Nasdaq

October 1, 2026

Contemporary Istanbul founder planning new fair on city’s Asian side – The Art Newspaper

October 1, 2026

Frank Holmes: They Will Print $100 Trillion

October 1, 2026

The Japanese photographer who turned an empathetic eye on rural communities of the Pacific Northwest in the early 20th century – The Art Newspaper

October 1, 2026

The Networking Mistake That Feels Productive but Quietly Stalls Your Business

October 1, 2026

Trump Meme Coin Gala Returns With 185 Seats, VIP Gold Watches – Bitcoin News

October 1, 2026
Facebook Twitter LinkedIn Tumblr RSS
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.