Pulled back from $79K to $74K before rebounding toward $77K, with momentum and activity cooling. Despite softer sentiment, easing sell pressure hints at early signs of stabilization. Read this week’s Market Pulse
Market activity is cooling, but easing sell pressure after a price pullback suggests potential stabilization. This indicates early signs of a shift in sentiment towards a more balanced market.
Market activity is cooling, but easing sell pressure after a price pullback suggests potential stabilization. This indicates early signs of a shift in sentiment towards a more balanced market.
Pinned: Exchange OS launches today on @XLayerOfficial, a permissionless, builder-first protocol where anyone can deploy spot, perps, and outcome markets on shared infrastructure. Glassnode is supporting @OKX and @XLayerOfficial as a data provider. Our unified on-chain, spot, and derivatives intelligence was built for exactly this kind of cross-market environment, feeding deployers, market makers, and the wider ecosystem with reference data and analytics. Excited to see what builders ship on top.
This development introduces a new protocol for various crypto markets and highlights collaboration between Glassnode and XLayerOfficial, potentially increasing data availability and market infrastructure.
This development introduces a new protocol for various crypto markets and highlights collaboration between Glassnode and XLayerOfficial, potentially increasing data availability and market infrastructure.
XRP Technical Analysis
👉 XRP is currently trading at $1.34.
👉 The market bias is distinctly Bearish.
👉 Key immediate support is at $1.34.
👉 Key immediate resistance is at $1.40, followed by $1.47.
For Buyers: A sustained hold above $1.34 could lead to a retest of $1.40. A move above $1.40 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $1.34.
MOVING AVERAGES
👉 EMA50 is at $1.40, acting as immediate resistance.
👉 EMA100 is at $1.47, providing critical resistance level.
👉 No explicit EMA crossovers are indicated in the provided data.
BOLLINGER BANDS
👉 Price is currently positioned below the middle band ($1.40) and in the lower half of the Bollinger Bands, indicating strong bearish trend momentum. Specific lower and upper band values were not provided.
FIBONACCI LEVELS
👉 Key Fibonacci resistance is at $1.65, a level buyers would need to overcome for a sustained recovery. The 138.2% extension at $2.79 remains a distant, potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 12.9, indicating oversold conditions. This is contrasted by MACD remaining below zero and below its signal line, following a bearish cross 9 bars ago, reinforcing a strong bearish momentum regime.
👉 XRP is currently trading at $1.34.
👉 The market bias is distinctly Bearish.
👉 Key immediate support is at $1.34.
👉 Key immediate resistance is at $1.40, followed by $1.47.
For Buyers: A sustained hold above $1.34 could lead to a retest of $1.40. A move above $1.40 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $1.34.
MOVING AVERAGES
👉 EMA50 is at $1.40, acting as immediate resistance.
👉 EMA100 is at $1.47, providing critical resistance level.
👉 No explicit EMA crossovers are indicated in the provided data.
BOLLINGER BANDS
👉 Price is currently positioned below the middle band ($1.40) and in the lower half of the Bollinger Bands, indicating strong bearish trend momentum. Specific lower and upper band values were not provided.
FIBONACCI LEVELS
👉 Key Fibonacci resistance is at $1.65, a level buyers would need to overcome for a sustained recovery. The 138.2% extension at $2.79 remains a distant, potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 12.9, indicating oversold conditions. This is contrasted by MACD remaining below zero and below its signal line, following a bearish cross 9 bars ago, reinforcing a strong bearish momentum regime.
Exchange OS launches today on @XLayerOfficial, a permissionless, builder-first protocol where anyone can deploy spot, perps, and outcome markets on shared infrastructure. Glassnode is supporting @OKX and @XLayerOfficial as a data provider. Our unified on-chain, spot, and…
This launch expands options for decentralized trading and market creation, with key data infrastructure support.
This launch expands options for decentralized trading and market creation, with key data infrastructure support.
Bitcoin Technical Analysis
👉 Bitcoin is currently trading at $76815.
👉 The market bias is distinctly Bearish.
👉 Key immediate support is at $76763.84.
👉 Key immediate resistance is at $76890.35, followed by $78610.04.
For Buyers: A sustained hold above $76890.35 could lead to a retest of $78610.04. A move above $78610.04 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $76763.84.
MOVING AVERAGES
👉 EMA50 is at $76763.84, acting as immediate support.
👉 EMA100 is at $76890.35, providing critical resistance.
👉 No recent crossover signals.
BOLLINGER BANDS
👉 Price is currently positioned in the lower half of the bands, below the middle band at $78610.04, indicating a negative tilt and potential for continued downside within the current volatility.
FIBONACCI LEVELS
👉 Key Fibonacci retracement at $75901 limits downside, with extension at $110055 marking potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 31.9, indicating weak bearish momentum.
👉 MACD is below zero and below its signal line, confirming a bearish momentum regime and alignment.
Link to live chart:
https://in.tradingview.com/chart/BTCUSDT/0fH3h0VQ-Bitcoin-Chart/
👉 Bitcoin is currently trading at $76815.
👉 The market bias is distinctly Bearish.
👉 Key immediate support is at $76763.84.
👉 Key immediate resistance is at $76890.35, followed by $78610.04.
For Buyers: A sustained hold above $76890.35 could lead to a retest of $78610.04. A move above $78610.04 is required to shift the short-term momentum.
For Risk Control: Use tighter stops or reduce position size if price breaks below $76763.84.
MOVING AVERAGES
👉 EMA50 is at $76763.84, acting as immediate support.
👉 EMA100 is at $76890.35, providing critical resistance.
👉 No recent crossover signals.
BOLLINGER BANDS
👉 Price is currently positioned in the lower half of the bands, below the middle band at $78610.04, indicating a negative tilt and potential for continued downside within the current volatility.
FIBONACCI LEVELS
👉 Key Fibonacci retracement at $75901 limits downside, with extension at $110055 marking potential upside target.
MOMENTUM (SRSI/MACD)
👉 Stochastic RSI K is at 31.9, indicating weak bearish momentum.
👉 MACD is below zero and below its signal line, confirming a bearish momentum regime and alignment.
Link to live chart:
https://in.tradingview.com/chart/BTCUSDT/0fH3h0VQ-Bitcoin-Chart/
HOT!
🇹🇼🇮🇳 Taiwan officially overtakes India to become the world's 5th largest stock market.
This is a significant economic shift, reflecting Taiwan's growing financial influence and potentially attracting more international investment.
🇹🇼🇮🇳 Taiwan officially overtakes India to become the world's 5th largest stock market.
This is a significant economic shift, reflecting Taiwan's growing financial influence and potentially attracting more international investment.
HOT!
Ferrari $RACE falls 5% at open after unveiling its first electric vehicle.
Investor sentiment reacted negatively to the EV announcement, causing a significant drop in stock value.
Ferrari $RACE falls 5% at open after unveiling its first electric vehicle.
Investor sentiment reacted negatively to the EV announcement, causing a significant drop in stock value.
HOT!
🇺🇸 Us Space Force awards Elon Musk's SpaceX $2.29 billion contract to develop space-based military data network.
🇺🇸 Us Space Force awards Elon Musk's SpaceX $2.29 billion contract to develop space-based military data network.
HOT!
🇺🇸 President Trump says he will not let other countries replace US as the Bitcoin & crypto "capital of the world." "It is a major industry, and we must protect it."
This signals potential regulatory support and a pro-crypto stance from a leading political figure, which could foster innovation and investment within the US.
🇺🇸 President Trump says he will not let other countries replace US as the Bitcoin & crypto "capital of the world." "It is a major industry, and we must protect it."
This signals potential regulatory support and a pro-crypto stance from a leading political figure, which could foster innovation and investment within the US.
ONCHAIN
107 $BTC worth $8.2M were sent to a burn address in 5 transactions
This indicates a deflationary event for Bitcoin, reducing its circulating supply.
107 $BTC worth $8.2M were sent to a burn address in 5 transactions
This indicates a deflationary event for Bitcoin, reducing its circulating supply.
HOT!
Robinhood to enable AI agent trading for stocks and crypto.
This could significantly increase automated trading activity on the platform, potentially impacting market volatility and accessibility for retail investors.
Robinhood to enable AI agent trading for stocks and crypto.
This could significantly increase automated trading activity on the platform, potentially impacting market volatility and accessibility for retail investors.
Solmate $11.4M Post-IPO Round About: @oursolmate is an institutional Solana validator and RPC provider in the UAE focused on infrastructure development. Investors: @Kerenmaimon1 and @RonSade Valuation: $53.1M
Solmate's significant funding round underscores strong investor confidence in Solana's core infrastructure development and its growing institutional adoption.
Solmate's significant funding round underscores strong investor confidence in Solana's core infrastructure development and its growing institutional adoption.
Stalling at the Threshold bitcoin:native has pulled back from the low-$80K region back toward $75K as spot demand, ETF inflows, and volatility expectations continue fading. Positioning has reset, but conviction remains limited. Read the full Week On-Chain
Bitcoin's price retreat and diminishing demand indicate potential for further consolidation or downside risk.
Bitcoin's price retreat and diminishing demand indicate potential for further consolidation or downside risk.
Alpha Compute has acquired @GAMEEToken about: @GAMEEToken is a play-and-earn mobile gaming platform. acquired by: Provides confidential computing for applications designed primarily for artificial intelligence. Nasdaq: ALP Valuation: $18M
This $18m acquisition by a Nasdaq-listed AI firm indicates a growing intersection between traditional tech and blockchain gaming.
This $18m acquisition by a Nasdaq-listed AI firm indicates a growing intersection between traditional tech and blockchain gaming.
HOT!
🇺🇸🇮🇷 President Trump says he is not considering lifting sanctions on Iran.
🇺🇸🇮🇷 President Trump says he is not considering lifting sanctions on Iran.
HOT!
🇺🇸 Odds of a recession in the US this year fall to new all-time low.
Improved economic outlook can support broader market stability.
🇺🇸 Odds of a recession in the US this year fall to new all-time low.
Improved economic outlook can support broader market stability.
HOT!
Bank for international settlements finds tokenized central bank money and bank deposits can make global payments faster and safer.
This could signal a significant shift towards digital currencies in cross-border transactions, potentially increasing efficiency and reducing costs.
Bank for international settlements finds tokenized central bank money and bank deposits can make global payments faster and safer.
This could signal a significant shift towards digital currencies in cross-border transactions, potentially increasing efficiency and reducing costs.
HOT!
🇺🇸 FBI arrests senior CIA official after finding $40,000,000 in stolen gold bars at his home.
🇺🇸 FBI arrests senior CIA official after finding $40,000,000 in stolen gold bars at his home.
HOT!
🇺🇸 President Trump says former SEC Chair Gary Gensler "nearly destroyed the American crypto industry." "We will codify a future-proof digital asset market structure that cannot be undone by crypto haters."
This statement suggests a potential shift towards a more crypto-friendly regulatory environment in the U.S. if Trump is elected, contrasting with current SEC policies.
🇺🇸 President Trump says former SEC Chair Gary Gensler "nearly destroyed the American crypto industry." "We will codify a future-proof digital asset market structure that cannot be undone by crypto haters."
This statement suggests a potential shift towards a more crypto-friendly regulatory environment in the U.S. if Trump is elected, contrasting with current SEC policies.