Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Tag:

Holds

XRP holds $2.80 support as bullish retest signals potential new highs
GameFi Guides

XRP holds $2.80 support as bullish retest signals potential new highs

by admin August 21, 2025



XRP has retraced into the $2.80 support zone, a level reinforced by the 50-day moving average and value area high. Strong bullish volume suggests the current retest could pave the way for another push toward record highs.

Summary

  • $2.80 support aligns with 50-day MA and value area high.
  • Current bounce indicates a bullish retest of structural support.
  • Above-average bullish volume confirms demand, supporting potential breakout to new highs.

The significance of $2.80 cannot be understated for Ripple (XRP). Not only is it a high-time frame support, but it also represents a zone of heavy traded volume. This overlap of structural support and value area positioning makes the level a prime candidate for accumulation.

Key technical points:

  • $2.80 High-Time Frame Support: Reinforced by the 50-day moving average and the value area high.
  • Bullish Retest in Play: Current price action shows resilience, maintaining higher highs and higher lows.
  • Volume Confirmation: Above-average bullish volume signals strong demand and market interest.

XRPUSDT (1D) Chart, Source: TradingView

From a structural perspective, XRP continues to maintain its bullish trajectory. Since reclaiming the point of control earlier this year, the token has enjoyed a series of higher highs and higher lows, a textbook indicator of bullish momentum. The present bounce off $2.80 highlights that the broader trend remains intact despite short-term corrections.

The role of volume at this stage is particularly important. Healthy bullish volume has been observed as price consolidates above the $2.80 mark, indicating that buyers are active and committed at this level. Sustained volume inflows suggest that the correction was less about a breakdown in market structure and more about a technical retest of support. This makes the bounce even more convincing for traders watching closely.

It is worth noting that XRP does not need to immediately break higher from current levels to remain bullish. A period of consolidation above $2.80 would allow the market to establish a firmer base and potentially trap weak sellers before moving higher. Such sideways action is common in bullish markets and often precedes the next impulsive leg.

What to expect in the coming price action

As long as XRP continues to hold above $2.80 with multiple daily closes, the structure remains bullish. Sustained volume and market demand increase the probability of continuation, with a move beyond the swing high likely to open the door for new all-time highs. The current retest is a critical juncture, if buyers maintain control, XRP could soon enter its next phase of bullish expansion.



Source link

August 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
Bitcoin Holds $113K Support, Can Btc Break Above $117.5K?
GameFi Guides

Bitcoin Holds $113K Support, Can BTC Break Above $117.5K?

by admin August 21, 2025



The largest crypto asset by market capitalization, Bitcoin (BTC) is currently trading at $113,132 and showing resilience despite facing selling pressure in recent trading sessions.

The bulls are aggressively defending the price zone above $110,000, keeping the long-term view of a bullish movement as price action has formed a down-sloping channel pattern.

As the technical indicators point to the possible momentum and strong support areas hold, will investors witness a major price action in the price of BTC?

BTC ETF Shows Strength Despite Recent Outflows

With notable volatility in inflow and outflow of funds, the on-chain data shows a trend pattern. During the last month, Bitcoin experienced high purchase and intense selling activities especially during the close period of August where outflow peaked.

Despite recording 3 consecutive days of outflow, the overall net assets are at a high level of $146.18 billion, indicating confidence of long-term holders in the crypto market. Notably, trends of this nature are often recorded prior to large movements in price as the amount of liquidity in and out of the market shifts during this period.

Bitcoin Forms Strong Support At $112,000?

When looking at the chart from TradingView, Bitcoin moved within a dropping channel on the 4-hour time frame after it witnessed a major rejection around the $120,000 level. This type of structure hints at a short-term fix, but in the larger picture, it is considered bullish.

Overall, the structure suggests the favor of the accumulation, and traders impatiently wait for confirmation of a divergence of the trend to upside to start a sizable leg higher.

The MACD (Moving Average Convergence Divergence) is displaying indications of leveling off as it has approached the signal line, necessarily pointing to a possible change in the pace toward the positive side.

In the meantime, the volume of trades is going down and this can be the beginning of a good directional move. Exponential Moving Averages (EMA) are also showing positive setup to support the upward direction. If the rebound sustains enough to push price above 20-day EMA, a range bound action between the 20-day and 500-day EMA, which are currently at around $114,800 to $116,800 respectively.

Moreover, with the 50-day & 200-day trendlines showcasing a bullish convergence, the trend suggests a rising momentum.

Bitcoin Micro Cycle Risk, Source: Willy Woo/X

Despite dropping to $112,500 from a top of around $124,500, the Micro Cycle Risk (MCR) signal line is easing. This suggests that the investor’s liquidity is returning in the market. If this trend continues, the bitcoin price may record a potential upward price action shortly.

According to on-chain data from glassnode, over 20,000 BTC held for less than 155 days were sold at a loss in the past week, with loss-taking peaking on Tuesday with 23,520 BTC sent to exchanges. 

A move out of the channel and a successful retest at $117,500 would confirm the resumed bullish stance and an entry into $120,000 and potentially $124,500.

Considering the Bitcoin chart, the nearest support stands at $112,000. This price point plays an important role as historically the demand has constantly increased at this point.

Also Read: Crypto Market Structure Bill to Hit Trump’s Desk Before Year End

Disclaimer: The Crypto Times does not endorse or promote this digital asset in any manner. This article was created only for educational purposes. Make sure to “DYOR” as the market is highly volatile. New positions should be done by traders being careful and awaiting volume-backed breakouts.



Source link

August 21, 2025 0 comments
0 FacebookTwitterPinterestEmail
XRP price approaching critical support: a technical analysis deep dive
GameFi Guides

XRP price setting the stage for another bullish rally as $2.80 support holds

by admin August 18, 2025



XRP price is maintaining its potential for another leg higher toward $3.60 and possibly $4.19, supported by a robust market structure and rising demand.

Summary

  • $2.80 remains the critical high timeframe support, aligned with the value area high.
  • Bullish market structure holds with higher highs and higher lows intact.
  • Strong bull volume inflows sustain momentum and point to further upside.

XRP has corrected into the $2.80 high-timeframe support zone, a critical level that has repeatedly acted as a strong demand base. Despite this retrace, the bullish structure remains intact with higher lows and strong volume inflows.

Key technical points

  • $2.80 High-Timeframe Support: Confluence of value area high and prior retests, confirming strong structural demand.
  • Bullish Structure Intact: Higher highs and higher lows remain in place despite intraday corrections.
  • Volume Profile Strength: Sustained buy-side inflows support the probability of a continued rally.

XRPUSDT (1D) Chart, Source: TradingView

XRP’s price action has retraced into the $2.80 support, a region that has been tested multiple times and continues to act as a foundation for bullish momentum. This level is aligned with the value area high, a region where volume has consistently built, signaling strong demand. Holding above this level is critical for XRP to preserve its bullish momentum and sustain its broader uptrend.

From a market structure perspective, XRP remains intact with consecutive higher highs and higher lows. The pullback to $2.80 has not damaged the larger trend, but rather reinforces it as a healthy retest. These retests of major supports confirm the presence of buyers and strengthen the probability of upward continuation. A strong defense of this zone will likely set up XRP for a fresh rally back toward its all-time high of $3.60.

In addition to structural integrity, Fibonacci levels add another layer of confluence. The $2.80 region coincides with the 0.618 retracement zone, a level often associated with strong bullish reversals. Historically, XRP has reacted positively at this level during bullish trends, increasing the likelihood of another expansion higher if bulls hold the line.

The volume profile further strengthens the bullish case. Data shows a steady influx of buy-side pressure, indicating market demand is still strong even during corrective phases. Such volume dynamics often precede larger impulsive moves, as accumulation periods resolve with expansions higher. A break back above $3.60, backed by strong volume, could accelerate XRP toward the $4.19 Fibonacci extension target.

What to expect in the coming price action

XRP remains bullish as long as the $2.80 support continues to hold. Multiple retests are healthy and signal demand. With strong volume inflows, XRP is well-positioned for a rally back toward $3.60 and potentially $4.19.



Source link

August 18, 2025 0 comments
0 FacebookTwitterPinterestEmail
Dogecoin breaks out, Ripple targets $3, new DeFi coin raises about $1 million
Crypto Trends

Dogecoin correction holds support, setting stage for another bullish rally

by admin August 18, 2025



Dogecoin has pulled back after testing $0.28 but is holding firm at $0.22 support. With Fibonacci, VWAP, and structure aligned, a continuation higher remains the dominant scenario.

Summary

  • Dogecoin finds strong support at $0.22 with 0.618 Fibonacci and VWAP confluence.
  • Bullish structure intact with higher highs and higher lows.
  • Sustained bullish volume supports rotation toward $0.32–$0.41.

Dogecoin (Doge) has faced a corrective move after hitting a recent high at $0.28. Despite this pullback, the structure remains bullish as price action finds stability at a strong support zone, suggesting momentum is far from exhausted.

Key technical points

  • Major Support at $0.22: Confluence of 0.618 Fibonacci and VWAP.
  • Resistance Levels: High timeframe targets at $0.32 and $0.41.
  • Volume Profile: Sustained increases indicate ongoing demand.

DOGEUSDT (1D) Chart, Source: TradingView

Dogecoin’s corrective move from the $0.28 high has not undermined its overall bullish structure. Instead, price has retested the $0.22 high time frame support, a region strengthened by confluence between the 0.618 Fibonacci level and the VWAP. This confluence forms a critical demand zone where buyers are stepping in, allowing price to stabilize before making another attempt toward higher resistances. Maintaining this region is essential for Dogecoin to remain bullish on the daily and weekly time frames.

Structurally, DOGE continues to print higher highs and higher lows, maintaining a clear bullish trend on the daily timeframe. The current price action appears to be a consolidation within an uptrend rather than a breakdown. A successful defense of the $0.22 support will mark another higher low and build the foundation for continuation toward the next resistance levels.

Volume also supports this thesis. Despite the price pullback, volume inflows remain elevated, indicating that buyers are absorbing sell pressure. As long as demand remains consistent, the likelihood of reclaiming the value area high continues to increase. A close above this area would signal renewed strength and likely draw in momentum buyers.

Looking ahead, reclaiming $0.28 would shift focus toward the next resistance zones at $0.32 and $0.41. These are high timeframe levels where sellers may become more active. A clean break above them on rising volume could trigger an extended rally, opening the door for Dogecoin to reach new local highs.

What to expect in the coming price action

As long as Dogecoin holds above the $0.22 support level, the broader outlook remains bullish. A reclaim of the $0.28 level, followed by a push toward $0.32 and $0.41, would confirm strength. Sustained volume and structure will be key indicators to watch for in the days ahead.



Source link

August 18, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • 2
  • 3
  • 4

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (735)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • Voila! Nintendo quietly shares new details on Samus’s motorbike in Metroid Prime 4
  • Jimmy Fallon Is Trying To Make Wordle Into A Game Show
  • Marathon still lives, as Bungie announces new closed technical test ahead of public update
  • AirPods 4 Are Now 3x Cheaper Than AirPods Pro, Amazon Is Offering Entry-Level Clearance Prices
  • Wildgate Review – A Shipshape Space Race

Recent Posts

  • Voila! Nintendo quietly shares new details on Samus’s motorbike in Metroid Prime 4

    October 8, 2025
  • Jimmy Fallon Is Trying To Make Wordle Into A Game Show

    October 8, 2025
  • Marathon still lives, as Bungie announces new closed technical test ahead of public update

    October 8, 2025
  • AirPods 4 Are Now 3x Cheaper Than AirPods Pro, Amazon Is Offering Entry-Level Clearance Prices

    October 8, 2025
  • Wildgate Review – A Shipshape Space Race

    October 8, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Voila! Nintendo quietly shares new details on Samus’s motorbike in Metroid Prime 4

    October 8, 2025
  • Jimmy Fallon Is Trying To Make Wordle Into A Game Show

    October 8, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close