XRP price forms bearish head and shoulders pattern: impending collapse towards $0.61?

XRP is currently on the brink of a major technical shift, with a bearish head and shoulders pattern forming on the charts. If key support levels fail, this could trigger an impulsive move toward significantly lower prices, with $0.61 in sight. Ripple’s ( XRP) price action is currently confirming a bearish head and shoulders pattern, a technical formation that signals downside. This pattern is on the verge of being fully activated, and traders should be aware of its implications for upcoming price movement. The activation of the pattern hinges on the current swing low being broken, which would trigger a technical target that could lead to a sharp move lower. Understanding the key levels and how this pattern behaves is crucial for making informed trading decisions. Key points: XRP is forming a bearish head and shoulders pattern, with a well-defined neckline support range between $1.97 and $2.13 The breakdown below the neckline is about to activate the pattern, targeting $0.61, a level with minimal support below The activation of the pattern is contingent on breaking the current key swing low, which will confirm the bearish move Source: Tradingview You might also like: Ethereum price rally stalls as economist maintains recession odds at 60% Neckline support is broken XRP’s price action followed a clear and impulsive rise since November 2024, reaching a high of around $3.37. After this rise, price action slowed down, entering a consolidation phase. During this phase, the left shoulder of the head and shoulders pattern formed, followed by the head at the all-time highs, and then the right shoulder, which has confirmed a lower high. This completed the pattern’s setup, and now the neckline—ranging from $1.97 to $2.13—has become the key support zone. Recently, XRP broke below the neckline support, marking a significant shift in market sentiment. This is the first time since early December that the price has fallen below this critical range. This breakdown is vital because it confirms a continuation of the bearish trend, establishing a new lower low in the market. Price action is currently attempting to retest the neckline, but this retest remains bearish. If the price fails to reclaim the neckline and breaks the key swing low, it will fully activate the bearish head and shoulders pattern and open the door for a sharp move lower. The activation of the pattern could lead to an impulsive decline toward the $0.61 target, a level where there is very little support beneath the current price. The absence of support below this zone means that price could fall rapidly, similar to the bullish move that occurred when the pattern initially formed. Once the bearish head and shoulders pattern is confirmed, it becomes a technical target for traders to watch closely. The pattern’s impulsive nature means that once the key low is taken out, the market could accelerate toward the downside swiftly. How to trade this setup For traders, this setup presents a clear opportunity for a short position once the pattern is fully activated. The key confirmation comes when the current swing low is taken out, signaling the full activation of the bearish head and shoulders pattern. From there, the price could move quickly toward the $0.61 target due to the lack of support in the area. If the pattern plays out as expected, the reward could be substantial. However, like all technical patterns, the key is patience. Only once the pattern is confirmed can traders confidently position themselves for the potential downside, making it crucial to avoid premature entries and wait for confirmation. Read more: Shiba Inu investors load up on new viral token amid talks of a 24,566% price boom in 2025

Read more

Bitcoin’s Low Volatility and Hash Ribbon Signal Suggest Potential for Price Surge

Bitcoin’s recent low volatility and the Hash Ribbon buy signal indicate a potential for a substantial price rally in the near future. The cryptocurrency market is watching closely as Bitcoin’s

Read more

Bitcoin (BTC), XRP, and Solana Are Trending Hard This Week

Momentum is back in the crypto markets, and three names are standing out above the rest— Bitcoin (BTC) , XRP , and Solana (SOL) . These powerhouses are leading the week with impressive volume, upward price pressure, and renewed social sentiment. Alongside them, MAGACOINFINANCE is quietly building buzz as a next-gen investment with explosive potential. PRE-SALE SELLING OUT – CLICK HERE TO SECURE A SPOT NOW Current Market Performance As of April 10, 2025 , here’s how this week’s market leaders are performing: Bitcoin (BTC) : $81,577 – strength driven by ETF flows and market confidence XRP : $1.98 – inching higher after bouncing off a strong technical level Solana (SOL) : $113.61 – climbing with growing demand for high-speed ecosystems LIMITED TIME OFFER-GET 50% EXTRA BONUS WITH MAGA50X MAGACOINFINANCE: Crypto’s Best Kept Secret Won’t Stay Quiet for Long MAGACOINFINANCE is rewriting the 2025 crypto narrative with serious energy. Now at $0.0002804 , and heading for a bold $0.007 listing. It’s already attracted more than 10,000 confident backers . There’s no slowing down—MAGACOINFINANCE is your winning edge. With the MAGA50X promo, early buyers earn a 50% bonus , significantly boosting token quantity and upside potential. Additional Movers: ADA, BCH, and SUI Some other altcoins showing strength this week include: Cardano (ADA) : $0.6190 – recovering with fresh upgrade momentum Bitcoin Cash (BCH) : $293.07 – rebounding ahead of halving chatter Sui (SUI) : $2.13 – gaining from DePIN interest and ecosystem expansion Still, the most talked-about movers remain BTC, XRP, and SOL. JOIN 10,000+ INVESTORS-CLICK HERE TO SECURE A SPOT NOW Conclusion Bitcoin, Solana, and XRP are dominating crypto headlines this week with trend-worthy gains and clear upside setups. Meanwhile, MAGACOINFINANCE , powered by a 50% MAGA50X bonus and real momentum, is carving out a space as 2025’s rising star. Website: magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: Bitcoin (BTC), XRP, and Solana Are Trending Hard This Week

Read more

With $1 in Sight, BlockDAG is Emerging as the Top Trending Crypto— Meanwhile, XRP & ADA Face Bearish Pressure

Cardano’s (ADA) price analysis reflects renewed curiosity as its price gets closer to $0.77 resistance. If this level is broken, the coin could see a rise of up to 15%, pushing it toward $0.90 and possibly reaching $1.03. Meanwhile, XRP value remains under resistance around the $2.50 level, although any move past $2.42 could open doors to a short-term climb toward $2.62 or $2.665. Cardano (ADA) price analysis and XRP value continue to be carefully followed in current market discussions. However, BlockDAG (BDAG) is starting to attract growing attention after its detailed Keynote 3 release. More than 1.2 million transactions have already been processed on the Beta Testnet, which is supported by over 100 live community nodes. In addition, the upcoming mainnet is planned for launch later this year and includes built-in features like staking, lending, and NFT tools, showing strong groundwork. As CTO Jeremy Harkness mentioned, “We’re not trying to follow the pace of development—we’re leading it.” With 16,600 mining units already sold, the $1 price goal appears more achievable with time rather than speculation. Cardano (ADA) Price Analysis: Eyes on Resistance as Market Awaits Breakout Cardano (ADA) price analysis signals that a breakout above $0.77 could result in a 15% rise, potentially hitting $0.90 and stretching up to $1.03. This chart pattern suggests a growing interest among those watching ADA’s short-term market direction and structural trend. The ascending triangle structure often represents a phase where buyers gain strength in anticipation of a breakout. ADA has shown steadiness near its lower support zones, making it likely that this pattern could lead to further gains. If pressure builds from the trendline support, the next strong upward movement might unfold. In summary, the narrowing price range hints that a notable shift in direction might be approaching soon. XRP Value Update: Resistance Challenges Could Shape Short-Term Movement XRP value is currently facing difficulty crossing above the $2.50 resistance, leading to a slight pullback. After slipping past key support points at $2.42 and $2.40, XRP also dropped through a support trendline at around $2.44. It touched a low of $2.329 before attempting to regain some ground. Right now, XRP value floats slightly below $2.40, with nearby resistance around $2.420 and $2.450. If momentum improves, a rise to $2.50 is possible, with an extended rally aiming for $2.62 or $2.665 in the short run. This current setup presents both caution and a possible opportunity. XRP remains a closely observed asset as its next moves depend on how it behaves near resistance zones. BlockDAG’s Strong Path Toward $1 Strengthened After Keynote 3 Reveal BlockDAG’s keynote 3 presentation provided more than just progress updates—it made it clearer that reaching the $1 mark is becoming increasingly realistic. CEO Antony Turner highlighted that what’s being seen now is the result of long-term dedication. A notable achievement was the Beta Testnet V1, which completed over 1.2 million transactions through the efforts of more than 100 community-powered nodes, showing expanding system strength. Now considered among the most followed crypto projects in 2025, BlockDAG has raised over $212.5 million through its ongoing presale. Currently in Batch 27 and priced at $0.0248, early supporters who joined at $0.001 are already looking at gains as high as 2,380%. With 19 billion BDAG coins sold and 16,600 ASIC miners bought globally, the rising interest is visible. The keynote also confirmed that BlockDAG’s mainnet will be introduced later this year. It will come with a full DeFi setup, including staking, lending, and swap options, as well as EVM and WASM compatibility, NFT creation capabilities, a more advanced blockchain explorer, governance tools, and plans for listings on over 10 top exchanges. CTO Jeremy Harkness shared that the goal isn’t to match the current pace of tech development—it’s to lead it. With key achievements already reached and thousands of miners in operation, BlockDAG shows stable growth. For anyone watching the crypto space closely, this project offers practical use, a solid setup, and increasing traction, making it one to follow closely. Final Words! Looking at the market, Cardano (ADA) price analysis and XRP value both hint at short-term upward possibilities. ADA may see gains if it crosses $0.77, targeting $0.90 or possibly $1.03. XRP, on the other hand, may aim for $2.62 if it manages to overcome the $2.42 resistance soon. At the same time, BlockDAG is drawing wider attention after Keynote 3 outlined clear progress. Over 1.2 million transactions were recorded, and 16,600 mining machines are already distributed, signaling its steady growth. To conclude, while Cardano (ADA) price analysis and XRP value remain under active watch, BlockDAG is setting itself apart through solid planning and real features like DeFi tools, NFT creation, and upcoming exchange support. For those focusing on more than just price shifts, BlockDAG offers a promising direction. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu Continue Reading: With $1 in Sight, BlockDAG is Emerging as the Top Trending Crypto— Meanwhile, XRP & ADA Face Bearish Pressure

Read more

Bitcoin: Is 2025 setting the stage for big gains? – THIS metric says yes

Bitcoin’s low volatility and Hash Ribbon buy signal hint at the potential for a significant price surge.

Read more

Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC at ‘Do-or-Die’ Levels – Here Are His Bearish Targets

A popular crypto strategist is warning that Bitcoin ( BTC ) is trading at critical levels, signaling a high risk for a deeper correction. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Bitcoin must hold $76,600 as support to remain bullish. Other key levels the analyst is watching closely are $77,903 and $78,197. “Do or die levels for BTC.” Source: Altcoin Sherpa/X The analyst warns that if Bitcoin closes below $76,000 on the three-day chart, the flagship crypto will likely revisit the mid-$60,000 range. “We close below that wick at $76,000 on HTF (high timeframe) and I think we go to mid-$60,000s quickly if we don’t rebound near immediately after. It’s not a bad R:R (risk:reward) spot for a long around here but obviously a bit dangerous.” Source: Altcoin Sherpa/X According to the analyst, whether Bitcoin may rally without retesting the $60,000 range may be decided any moment now. “Current region hopefully holds but overall market structure is ugly. High $60,000s still on the table for BTC, but the next few days should be quite telling.” Source: Altcoin Sherpa/X He also says that Bitcoin may be stuck in a low-volume trading gap in the near term. “Volume profile shows a lack of activity in the $71,000-$82,000 region; wouldn’t be surprised to see price chop around here for a while to fill it out. I had this theory a while ago.” Source: Altcoin Sherpa/X Bitcoin is trading for $82,400 at time of writing, up 7.6% in the last 24 hours. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Analyst Issues Urgent Bitcoin Alert, Says BTC at ‘Do-or-Die’ Levels – Here Are His Bearish Targets appeared first on The Daily Hodl .

Read more

S&P 500 Drops 3.5%, NASDAQ Plummets 4.1%

S&P 500 Drops 3.5%, NASDAQ Plummets 4.1%

Read more

BlockDAG Raises $212.5M in Record Time! XRP & Chainlink Prices Decline, Sparking Crash Fears

Crypto markets remain filled with contrasting narratives, with three coins grabbing the spotlight for different reasons. XRP is showing upward momentum backed by legal progress and strong chart patterns, with some forecasts pointing towards $7. Chainlink appears at a tipping point—either climbing back toward $19 or slipping down to $6. But neither XRP nor LINK has gained the kind of strong early traction that BlockDAG (BDAG) has achieved. BDAG has already raised over $212.5 million, confirmed 10 centralized exchange listings, and jumped 2,380% from its first presale batch. It’s clearly gaining serious attention. The project brings real use with its live testnet, miner rollouts, and full EVM compatibility. Unlike XRP and LINK, which show the effects of broader market conditions, BDAG is still in its early phase, presenting what could be one of the most high-reward setups in the market today. Chainlink Hovers Around $12: Will It Fall to $6 or Reclaim $19? LINK has dropped beneath the crucial $13 mark, raising concerns of further declines. The next point of interest is $12, where recent price movements show hesitation. A failure to hold above this could push LINK down toward $9.50, and possibly further to $7.30 or even $6, where 376 million LINK tokens were once heavily accumulated. Charts suggest a bearish picture, with both retail and larger market players leaning negative. Still, historical data shows the $6.26 level has led to strong buybacks. If LINK recovers, targets of $15 or $19 could be back on the table, but it hinges on a swift return of positive sentiment. At the moment, nearly half of LINK holders are in the red. The next movements could determine whether this is a discounted entry or a deeper fall. XRP Hits Lowest Since November: Trump’s Trade Moves Spark Crypto Selloff Over the past month, XRP has slumped by 25%, now sitting at $1.67—its weakest since November 2024. The steep drop followed aggressive tariffs introduced by U.S. President Trump, raising alarms of global trade tensions. As equity markets fell and risk-averse behavior surged, crypto assets also declined, with XRP seeing over $47 million in liquidations amid an $800 billion market dip. Experts caution that if XRP breaks below $1.50, a fall to $1 may follow. Broader macro conditions are dampening optimism, with inflation worries adding pressure. As Bitcoin and Ethereum also declined, XRP moved in tandem due to their close correlation. Despite short-term panic, projections for XRP in 2025 remain wide, from $3 to $27, depending on whether it can hold its key support. BlockDAG’s CEX Listings Could Launch the Next Major Crypto Wave BlockDAG (BDAG) is seeing huge traction. Having secured $212.5 million and sold 19.1 billion coins during the crypto presale , the pace hasn’t slowed. Starting from $0.001 in Batch 1 and now valued at $0.0248 in Batch 27, early participants have already experienced a sharp 2,380% gain. Yet, future developments suggest this rise may only be getting started. A major catalyst lies ahead: BDAG’s scheduled listings on 10 major centralized exchanges. Each one increases visibility, volume, and ease of access. It’s not merely about trading—it’s about fueling demand at scale. While the first listing could spark interest, the tenth could redefine its market level. These listings aren’t random—they’re part of a deliberate plan. They attract new buyers, create stronger price stability, and open the door to large-scale participation. BDAG is also running a beta testnet, issuing weekly rewards, and growing its user base—all signs of a project laying real groundwork. Some experts are now estimating long-term potential prices of $20. For those yet to join, the next price spike could mean missing the early window. With every exchange addition, BDAG builds steam. Entry at this stage still counts as early. Final Words! While XRP aligns with larger narratives and Chainlink stands as a DeFi fixture, both are names weighed down by past cycles. BlockDAG offers a different story—one that’s progressing step by step, backed by milestones, not just promises. With its testnet active, over 170,000 wallets already created, and 19.1 billion coins sold, BDAG’s growth appears methodical, not speculative. Its DAG+PoW design addresses old challenges like speed and transaction cost. As it moves closer to exchange listings, expectations for demand spikes are growing. Analysts mention a $20 price target, making today’s $0.0248 look small in comparison. As the market anticipates the next bullish surge, BlockDAG delivers a rare mix of working tech, strong interest, and room for upside. Missing this phase could mean simply watching from the sidelines as BDAG becomes 2025’s standout crypto. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetwork Discord: https://discord.gg/Q7BxghMVyu The post BlockDAG Raises $212.5M in Record Time! XRP & Chainlink Prices Decline, Sparking Crash Fears appeared first on TheCoinrise.com .

Read more

Ethereum Price Dump: Is Donald Trump’s World Liberty Finance Behind The Crash To $1,400?

The Ethereum price crash to $1,400 has shaken the crypto market, amplifying already volatile conditions. This dramatic price drop comes after a major ETH sell-off by US President Donald Trump’s World Liberty Finance, suggesting that the recent dump may have been a primary catalyst behind ETH’s price collapse. Blockchain analytics platform Lookonchain revealed on April 9 via X (formerly Twitter) that the wallet associated with World Liberty Finance, a decentralized finance protocol linked to Trump, recently dumped a significant amount of Ethereum. Interestingly, this sell-off came just before Ethereum’s price crash, raising the question of whether it contributed to the unexpected decline. Donald Trump‘s World Liberty Finance Dumps ETH Launched in 2024, World Liberty Finance is Trump’s controversial digital asset firm designed to rival centralized banking and facilitate the adoption of stablecoins. According to data from Lookonchain, Trump’s World Liberty Finance, which was previously accumulating Ethereum at a low price, is now selling off a large chunk of its holding at a steep loss. Related Reading: Major Ethereum Whale Dumps 10,000 ETH After 2 Years, Is It Time To Get Out? Lookonchain flagged the transaction, noting that the wallet linked to World Liberty Finance had offloaded 5,471 ETH tokens worth roughly $8.01 million. The sell-off was executed at a price of $1,465 per ETH, a significant drop from its previous value of over $1,600. Notably, World Liberty Finance’s ETH sell-off move has raised eyebrows across the crypto community. It appears to mark a shift in strategy for a player who was previously known for large-scale ETH accumulation. According to Lookonchain, the wallet address linked to World Liberty Finance had accumulated a total of 67,498 ETH at an average price of $3,259. This means that the decentralized finance protocol spent a total of $210 million to amass such a large amount of ETH. At its sell-off price, this leaves the entity sitting on a staggering unrealized loss of around $125 million. The recent sell-off also adds more fuel to the growing uncertainty surrounding Ethereum’s future outlook, as the cryptocurrency’s recent price crash has sparked even more bearish predictions of continued decline. Although the reason behind World Liberty Finance’s unexpected ETH sell-off remains unclear, some believe that the dump was likely triggered by Ethereum’s ongoing price decline, while others suggest it could signal a market bottom. Ethereum Price Crash To $1,400 Ethereum’s price decline to $1,400 came as a shock to the market, making it the first time the cryptocurrency had fallen so low in seven years. Notably, Ethereum was not the only leading cryptocurrency that was affected by the market turmoil, as big players like Bitcoin also suffered losses. Related Reading: Ethereum Goes Head To Head With XRP: Analyst Says ETH Will Outperform For This Reason Currently, Ethereum seems to be recovering slightly from its previous low and is now trading at $1,591 after jumping 7.44%. Although this recovery brings hope of a rebound, the cryptocurrency’s value has still dropped by 16.63% over the past month. Moreover, technical indicators from CoinCodex highlight that sentiment surrounding the cryptocurrency is still deeply bearish, suggesting that further declines could be on the horizon. Featured image from Unsplash, chart from Tradingview.com

Read more

Ethereum (ETH) Among the Top 3 Altcoins to Buy Now to Turn $250 into $25000, Here Are the Other Two

Investing $250 to reach $25,000 might sound far-fetched, but some altcoins are less conventional in the best way possible. Ethereum (ETH), Dogecoin (DOGE), and Mutuum Finance (MUTM) lead as high-growth candidates of 2025. Ethereum anchors decentralized applications, Dogecoin rides ETF speculation for a $2 rocket, and Mutuum Finance leverages presale momentum for 140% on the launch. While these tokens all provide access to exponential gains, one in particular offers profitable structure. Ethereum Sustains Momentum Ethereum continues to be vital within decentralized ecosystems, with its blockchain supporting everything from NFTs to smart contracts. Though its value varies with market conditions, upgrades such as the Merge and increasing institutional access underpin its long-term significance. Investors care about ETH not only for stability, but because it is vital to Web3 evolution. But relative to nascent tokens, its growth curve looks slow—an intensifying contrast when you consider assets like MUTM, where presale dynamics white-knuckle years of possible gains into weeks. Dogecoin Hopes to Rally on ETF Hopes Dogecoin recently consolidated at $0.16 as whispers of spot ETF approval put a multiyear high in play Analysts underscore a 69% chance of regulatory approval by the end of 2025, triggering a move from DOGE to $2. Technical formations resemble precedents from history where breakouts initiated parabolic runs, a move above $0.185 may seal the fate of bullish momentum. But Dogecoin’s dependence on meme-driven volatility would introduce unpredictability. There is a $5 target in some bullish forecasts, but this will be treaded as a considerable speculative risk — a risk that is not present in presale-stage projects such as Mutuum Finance, where returns rely on solid tokenomics. Mutuum Finance Presale Mirage Mutuum Finance (MUTM) Phase 4 is now in progress at $0.025 having secured $6.5 million and 8,100 holders. Entering investors will be paying 20% more at launch of Phase 5, at $0.03, but the actual exciting for the community will come after the presale. A $0.06 listing with guaranteed immediate 140% realized returns, with potential bull-market price targets guided by designated buy-pressure mechanisms and adoption curves toward a $3.50 price tag post-launch. The protocol’s lending model creates sustained demand: revenue-driven token buy backs reward stakers, generating cyclical demand. Combined with mtTokens that earn interest over time, the ecosystem encourages long-term participation. MUTM’s trajectory is engineered for rapid appreciation, unlike Dogecoin’s ETF hopes or incremental growth for Ethereum. Based on trust, Mutuum Finance has been audited by Certik to verify its smart contracts. Results, which will be announced on official channels later, are seeking to communicate to investors the strength of the platform. Such scrutiny is complemented with a strategic allocation of tokens, concrete provisioning of liquidity and incentives to build up ecosystem around token to stabilize token value post listing. Timing the Opportunity The entry point at $0.025 that Phase 4 offers disappears when the 20% price escalation comes into effect; a threshold which is fast approaching as tokens sell out. Although the 140% launch return is tempting, early participants set up for a post-listing ecosystem where lending activity and token burns could take MUTM past a very conservative price target. In an industry of extremes—raising funds across a spectrum between hype and utility—Mutuum Finance satisfies both, combined in a rarity that can turn small investments into life-altering rewards. Ethereum and Dogecoin have potential, but not like the rocket shore of MUTM. As Phase 4 progresses and audits finish, the window of maximum leverage closes. For people focused on a $25,000 from a $250 ticket, waiting risks missing the wave. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.finance/ Linktree: https://linktr.ee/mutuumfinance

Read more