List of Flash News about crypto futures volume
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2025-06-30 12:59 |
XRP Price Recovers to $2.00 Amid $4B Futures Surge, But Faces Bearish Ichimoku Cloud Risk; BTC Tests Critical 50-Day SMA Support
According to @RhythmicAnalyst, XRP has demonstrated strong resilience by reclaiming the $2.00 level after a sharp dip to $1.91, supported by a V-shaped recovery and a massive surge in futures volume to nearly $4 billion, suggesting renewed institutional interest. The analysis notes that while this short-term momentum is bullish, with traders watching the $2.14 resistance, there are significant bearish signals on the horizon. XRP is reportedly trading at the lower end of the Ichimoku cloud and has already confirmed a 'death cross' (50-day SMA below 200-day SMA). A break below the cloud could mirror Dogecoin's (DOGE) recent bearish shift and push XRP towards the $1.60 support level. Concurrently, Bitcoin (BTC) is at a critical juncture, retesting its 50-day SMA for a third time. While this level has previously served as support, weakening bounces suggest bull fatigue, and a failure to hold could trigger a slide below $100,000. |