Saturday, July 26, 2025
  • 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 eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

by SB Crypto Guru News
June 11, 2025
in Analysis
Reading Time: 3 mins read
0 0
A A
0


XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish
  • RSI remains above 50, indicating bullish momentum.
  • Resistance targets include $2.38 and $2.50.
  • A drop below $2.20 could invalidate the current rally.

XRP appears to be aligning itself closely with Bitcoin’s performance, as fresh data shows a 0.91 correlation between the two cryptocurrencies.

With Bitcoin hovering near $110,000, this unusually tight relationship is strengthening the case for a potential price surge in XRP.

Technical indicators like the Relative Strength Index (RSI) also suggest a build-up of buying pressure.

As broader market momentum improves, XRP’s price action is increasingly seen as part of a larger bullish wave across the crypto space, raising the possibility of a breakout beyond its current range.

Strong Bitcoin correlation boosts XRP

XRP’s 0.91 correlation with Bitcoin highlights a clear pattern: the altcoin tends to rally when Bitcoin moves upward.

This current high correlation is particularly significant, given Bitcoin’s attempt to breach its previous all-time highs.

Historically, XRP has often mirrored Bitcoin’s trends, especially during strong bull cycles.

When the correlation weakens, XRP usually underperforms, but with the metric climbing again, traders are taking this as a potential bullish signal.

Bitcoin’s recent stability near the $110,000 mark is reinforcing this sentiment.

Market watchers note that when BTC remains strong at key levels, altcoins like XRP typically gain in both price and volume.

This is setting the stage for XRP to maintain upward momentum in the near term, especially if Bitcoin continues to test resistance levels above $110,000.

RSI supports a bullish trend for XRP

One of the key indicators showing positive momentum for XRP is the Relative Strength Index (RSI), which currently remains above the neutral 50 mark.

This signals an increase in buying activity, with bulls maintaining control over the asset.

If the RSI continues in this direction, XRP could build up the strength needed to challenge higher resistance zones.

Momentum-based traders are likely to keep a close eye on this trend.

With the RSI staying above the halfway line, it reflects sustained interest in the token from both retail and institutional players.

The technical structure now favours buyers, as the RSI has consistently held in the bullish range for several days.

This upward pressure could catalyse a fresh move in the altcoin’s price.

XRP stabilises above support, targets new resistance

XRP is currently trading at $2.33. The altcoin has managed to hold above the $2.27 support level, a crucial zone for maintaining its bullish setup.

XRP price
Source: CoinMarketCap

Should XRP continue to hold this level, the next target would be the $2.38 resistance, which has previously acted as a strong ceiling.

A break above $2.38 and a successful retest as support could propel XRP towards $2.50, a level that would reinforce its bullish momentum.

However, a failure to defend $2.27 could open the door to short-term weakness.

Key downside targets include $2.20 and $2.13, with a move below these levels risking a complete invalidation of the recent uptrend.


Share this article

Categories

Tags



Source link

Tags: BitcoinBitcoin NewsBullishCorrelationCrypto NewsCrypto UpdatesEyesFreshGainsHitsLatest News on CryptoRSISB Crypto Guru NewsTurnsXRP
Previous Post

“If Bitcoin’s not going to zero, it’s going to $1 million,” Says Michael Saylor

Next Post

Altcoin ETFs are coming

Related Posts

Ethena surges 20% after Arthur Hayes scoops up 2M ENA tokens

Ethena surges 20% after Arthur Hayes scoops up 2M ENA tokens

by SB Crypto Guru News
July 25, 2025
0

Arthur Hayes has invested $1.06 million in ENA. The BitMEX co-founder now holds 7.76M ENA coins, worth approximately $3.73M. The...

Ether climbs above ,600, but technical indicators show signs of weakness

Ether climbs above $3,600, but technical indicators show signs of weakness

by SB Crypto Guru News
July 25, 2025
0

Key takeaways ETH is up nearly 2% in the last 24 hours and now trades above $3,600. Technical indicators are...

Cup And Saucer Pattern Says XRP Price Rally Is Not Done

Cup And Saucer Pattern Says XRP Price Rally Is Not Done

by SB Crypto Guru News
July 25, 2025
0

The XRP price rally has already seen it reclaim the $3.6 level once this year before slowing back down again....

XRP Price Showing Quiet Strength As Next Breakout Level Lies At .65

XRP Price Showing Quiet Strength As Next Breakout Level Lies At $4.65

by SB Crypto Guru News
July 24, 2025
0

XRP has entered a period of quiet movement following its rally last week that pushed its price to new all-time...

DOGE slips to alt=

DOGE slips to $0.234 after 6-month high

by SB Crypto Guru News
July 24, 2025
0

Short-term holders trigger correction by locking in gains. DOGE trades at $0.234, below key resistance at $0.245. Price could test...

Load More
Next Post
Altcoin ETFs are coming

Altcoin ETFs are coming

Immutable & Polygon Push Ethereum To 3rd Spot In the NFT Chart

Immutable & Polygon Push Ethereum To 3rd Spot In the NFT Chart

Facebook Twitter LinkedIn Tumblr RSS

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.