Week of Heavy ETF Inflows Pushes XRP Into Compression Zone, Is a Major Move C...
XRP spent the past week caught between rising institutional demand and stagnant price action, creating a compression zone that traders say is becoming increasingly difficult to ignore. Related Reading: Wall Street Storms Ripple In Explosive $500 Million Deal Even as U.S. spot XRP ETFs approach the $1 billion AUM milestone, the asset continues to trade […]
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Bitcoin difficulty ribbon compression has broken out of a bear trend it has been in since the March coronavirus crash. Bitcoin (BTC) simply needs history to repeat itself to see significant price rises, according to two indicators now flipping bullish.On Sep. 28, on-chain monitoring resource Glassnode noted that Bitcoin’s difficulty ribbon compression had broken out of its green “buy” zone for the first time since the March coronavirus crash.Glassnode hints at “significant” BTC price increasesDifficulty ribbon compression is based on difficulty ribbons, a metric devised by statistician....
XRP fell about 8% since last week and dropped below the $3 psychological mark, trading near $2.73 after a sell-off that followed rejection at $2.94. According to Sistine Research, a pattern of tightening price action — known as a compression phase — is forming again, and that pattern could set the stage for a sharp move once buyers or sellers push price out of the narrow range. Related Reading: Hyperliquid’s Days Numbered? Expert Forecasts ‘Painful Death’ Compression Phase Returning Based on reports from Sistine Research, XRP has entered its third major compression phase since the US....
Bitcoin is currently holding steady, trading water around the critical $90,000 level as the market enters a period of high compression. With ETF inflows slowing down, the price lacks the momentum to break through overhead resistance. The highly anticipated FOMC meeting is expected to provide the necessary catalyst to end the current consolidation and dictate Bitcoin’s next major directional move. BTC Compression Intensifies: Scaling Back Intraday Scalps According to a recent update from Lennaert Snyder, Bitcoin continues to tighten within a compression phase. The market has been....
Bitcoin is now trading above the $96,000 mark after multiple days of struggling to break through that resistance zone. The breakout signals renewed strength from bulls, who have regained control following weeks of tight consolidation. However, while this move confirms bullish momentum in the short term, the critical level to reclaim remains the psychological $100,000 […]
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun Supply According to analyst Chad Steingraber, one XRP ETF might average $90 million in daily inflows. Multiplying that by 12 ETFs and the result is $1.08 billion each....