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XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour
newsbtc18d ago

XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour

XRP price extended losses and traded below $1.220. The price is now consolidating losses and faces hurdles near $1.2350 and $1.250. XRP price started another decline and traded below the $1.250 zone. The price is now trading below $1.2350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.2850 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.250. XRP Price Dips Below $1.250 XRP price failed to stay above $1.30 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.2850 and $1.2650 to enter a short-term bearish zone. The price even extended losses below $1.220. A low was formed at $1.1924, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1924 low. The price is now trading below $1.2320 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.2330 level. The first major resistance is near the $1.2580 level. The main resistance could be $1.2780 or the 50% Fib retracement level of the downward move from the $1.3640 swing high to the $1.1924 low. A close above $1.2780 could send the price to $1.2850. The next hurdle sits at $1.2880. There is also a bearish trend line forming with resistance at $1.2850 on the hourly chart of the XRP/USD pair. A clear move above the $1.2880 resistance might send the price toward the $1.30 resistance. Any more gains might send the price toward the $1.3250 resistance. More Losses? If XRP fails to clear the $1.2580 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.2050 level. The next major support is near the $1.20 level. If there is a downside break and a close below the $1.20 level, the price might continue to decline toward $1.1920. The next major support sits near the $1.1880 zone, below which the price could continue lower toward $1.1840. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.1920 and $1.1840. Major Resistance Levels – $1.2350 and $1.2580.

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British Pound Holds Ground as Global Risk Aversion Offsets Hawkish BoE Stance
bitcoinworld18d ago

British Pound Holds Ground as Global Risk Aversion Offsets Hawkish BoE Stance

BitcoinWorld British Pound Holds Ground as Global Risk Aversion Offsets Hawkish BoE Stance The British pound steadied against major peers on Tuesday, managing to hold its ground as heightened global risk aversion counterbalanced the hawkish signals from the Bank of England’s latest monetary policy meeting. The currency’s resilience reflects a tug-of-war between domestic tightening expectations and broader market unease over geopolitical tensions and economic slowdown fears. Hawkish BoE [...] This post British Pound Holds Ground as Global Risk Aversion Offsets Hawkish BoE Stance first appeared on BitcoinWorld .

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New Zealand Dollar Gains on Upbeat China PMI Data, Snaps Two-Day Losing Streak
bitcoinworld18d ago

New Zealand Dollar Gains on Upbeat China PMI Data, Snaps Two-Day Losing Streak

BitcoinWorld New Zealand Dollar Gains on Upbeat China PMI Data, Snaps Two-Day Losing Streak The New Zealand Dollar (NZD) strengthened against the US Dollar on Wednesday, snapping a two-day losing streak as an unexpectedly strong Purchasing Managers’ Index (PMI) reading from China boosted risk appetite across currency markets. The NZD/USD pair edged higher in early Asian trading, reflecting the close economic ties between New Zealand and its largest trading [...] This post New Zealand Dollar Gains on Upbeat China PMI Data, Snaps Two-Day Losing Streak first appeared on BitcoinWorld .

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Australia GDP Misses Forecasts: What 0.3% Growth Means for AUD/USD and the RBA
bitcoinworld18d ago

Australia GDP Misses Forecasts: What 0.3% Growth Means for AUD/USD and the RBA

BitcoinWorld Australia GDP Misses Forecasts: What 0.3% Growth Means for AUD/USD and the RBA The Australian economy expanded by 0.3% in the fourth quarter of 2025, falling short of market expectations of 0.5% growth. The weaker-than-expected reading has immediate implications for the Australian dollar (AUD/USD) and adds pressure on the Reserve Bank of Australia (RBA) to consider a more accommodative monetary policy stance. GDP Data Breakdown and Market Reaction [...] This post Australia GDP Misses Forecasts: What 0.3% Growth Means for AUD/USD and the RBA first appeared on BitcoinWorld .

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Japanese Yen Pressures 160.00 Level Against Dollar as Markets Test Intervention Resolve
bitcoinworld18d ago

Japanese Yen Pressures 160.00 Level Against Dollar as Markets Test Intervention Resolve

BitcoinWorld Japanese Yen Pressures 160.00 Level Against Dollar as Markets Test Intervention Resolve The Japanese yen continues to trade near the psychologically significant 160.00 threshold against the US dollar, a level that has historically prompted verbal and direct intervention from Japanese authorities. Despite renewed warnings from Tokyo, the currency remains under sustained selling pressure, leaving markets on edge. Yen Weakness Persists Amid Policy Divergence The USD/JPY pair has [...] This post Japanese Yen Pressures 160.00 Level Against Dollar as Markets Test Intervention Resolve first appeared on BitcoinWorld .

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Japan’s Katayama Signals Readiness to Act on Forex Volatility
bitcoinworld18d ago

Japan’s Katayama Signals Readiness to Act on Forex Volatility

BitcoinWorld Japan’s Katayama Signals Readiness to Act on Forex Volatility Japan’s top currency diplomat, Atsushi Katayama, has signaled that authorities are prepared to take appropriate action in foreign exchange markets if necessary, reinforcing Tokyo’s vigilance amid renewed volatility in the yen. The remarks, delivered during a routine briefing, come as the yen tests key levels against the US dollar, stoking speculation about potential intervention. Official [...] This post Japan’s Katayama Signals Readiness to Act on Forex Volatility first appeared on BitcoinWorld .

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