On the other hand, if XRP sees a strong bounce from the $2 support, the first resistance level would be the bearish FVG zone ($2.36-$2.52**)**. A breakout above this region could strengthen buyers, pushing the price toward the next resistance at $2.78.

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Recently, rising volatility in the cryptocurrency market has made XRP investors more cautious. In particular, the movements of Bitcoin (BTC) and major altcoins will be decisive for XRP’s direction. If the broader market shows a positive outlook, XRP could hold the $2 support and gain upward momentum. However, if selling pressure persists, XRP might test lower critical support levels.

In the coming days, whether XRP can maintain its $2 level will provide clearer signals for its future price direction. Technical indicators suggest that investors should closely monitor this key level.

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The post XRP at a Critical Support: Bullish or Bearish? appeared first on Coin Engineer.

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BNX has experienced a significant upward movement after breaking the downtrend on the daily chart and is currently facing a crucial test at the 1.30$ FVG (Fair Value Gap) region. This level still holds as a major resistance. If 1.30$ is breached, we could see BNX moving toward 1.50$-1.70$ levels. These price levels stand as critical targets for investors.

On the other hand, BNX‘s support levels have also been clearly outlined. The first support is the upward FVG level just below. If this level is lost, the next support is the 0.827$ price level. This would mark a possible new entry point for investors looking for buy opportunities.

Currently, the 1.30$ level stands as the key pivot point for BNX‘s direction. If the price manages to break through this resistance, BNX could gain significant momentum. However, a pullback at this level could signal a weakness in the current trend, potentially dragging the price down to lower levels.

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The post BNX Price at a Critical Turning Point: Will It Break the 1.30$ Resistance? appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USD pair has gained 4.89% in the last 24 hours and is currently trading at $98,976. Bitcoin (BTC) broke through the $98,504 resistance and made a significant upward move. If the rally continues, the next resistance level is at $101,545. The support levels are $98,504 and $91,221.

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Ethereum (ETH): The ETH/USDT pair has gained 5.27% in the last 24 hours and is currently trading at $2,718. Resistance levels for ETH are first at $2,724, followed by $2,877. The support levels are $2,366 and $2,140.

Raydium (RAY): The RAY/USDT pair has gained 11.99% in the last 24 hours and continues to trade at $5.912. The resistance levels for RAY are first at $6.436, followed by $6.997. Support zones are $5.849 and, in case of a deeper decline, $4.959.

Stacks (STX): The STX/USDT pair has gained 7.81% in the last 24 hours and continues to trade at $0.996. The resistance levels for STX are first at $1.085, followed by $1.214. Support zones are $0.978 and, in case of a deeper decline, $0.885.

Jupiter (JUP): The JUP/USDT pair has gained 7.06% in the last 24 hours and continues to trade at $0.9370. The resistance levels for JUP are first at $1.0213, followed by $1.2641. Support zones are $0.9276 and, in case of a deeper decline, $0.8461.

Trending Coins

The most trending coins in the crypto market over the last 24 hours include Mantra (OM), Ethereum (ETH), and Sui (SUI). On the other hand, the biggest losers in the market are dogwifhat (WIF), PancakeSwap (CAKE), and MEOW (MEOW).

Bitcoin Liquidation Map

Looking at Bitcoin’s 12-hour liquidation map, the notable liquidation level on the upside is $99,701 with $48.31 million. On the downside, the key liquidation level is $97,684 with $32.66 million.

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The post The Latest on Bitcoin and Cryptocurrencies: 4 February appeared first on Coin Engineer.