Tag: bearish

XRP: The Sleeping Giant About to Wake?

XRP: The Sleeping Giant About to Wake?

We all know the cryptocurrency market is a wild beast. Dreams turn into riches and nightmares with each story that hits the press. Through it all, amidst the noise, XRP has always been a lightning rod, a digital asset cloaked in equal parts opportunity and outrage. Having covered financial news...

Bitcoin Bulls Face Headwinds as Price Rejects Key Resistance Level

Bitcoin Bulls Face Headwinds as Price Rejects Key Resistance Level

Bitcoin is once again in the bearish hot seat. It failed to push above the resistance at $87,470, an important Fibonacci level imposed by a descending channel. This rejection would indicate a likely retest and furthering of the current downtrend, with investors still cautious of more downside price action. Technical...