XRP Analyst Says Multi-Year Support Could Decide Next Major Move

XRP is approaching a major technical decision point as a TradingView analyst argues that the token is retesting a long-term support structure that has shaped several previous cycle lows.

TL;DR

• TradingView analyst weslad says XRP is retesting a multi-year ascending support structure.
• The broader bullish case depends on buyers defending the current demand area.
• The analyst says a successful hold could open a path back toward previous highs and possibly $4.50-$5.00.
• A later update warned that bears still control the descending structure below the $1.50 supply zone.

The TradingView analysis says XRP has continued to respect a long-term ascending trendline, a structure the analyst says has supported major cycle lows since 2020. After rejection near the upper boundary of a multi-year range, XRP has moved into a corrective phase and is now approaching a key demand area.

XRP Bulls Need To Defend The Trendline

The bullish version of the setup is simple: if XRP can hold the dynamic support and demand confluence, the current move may be treated as a healthy retracement rather than a deeper breakdown. In that case, the analyst says a strong reaction could set up another expansion phase, with previous highs becoming the next major upside reference.

The more ambitious part of the analysis points toward the $4.50-$5.00 region if the broader structure holds. That is not a near-term guarantee. It is a higher-timeframe target that depends first on buyers proving that the current support zone is still valid.

But The Update Adds A Bearish Warning

The same TradingView page also includes an update that makes the setup more nuanced. The analyst says XRP is still respecting a descending trend structure, with bears maintaining control below the $1.50 supply zone. That means XRP may need more than one bounce to shift market structure back in favor of bulls.

The update also notes that a sweep into the $0.70-$0.80 demand zone would not be surprising. That gives traders two different levels to watch: the current multi-year trendline support, and a deeper demand area that could become relevant if the first level fails.

Current XRP Price Context

XRP was trading around $1.15 at the time of writing, with current market data showing an intraday range between roughly $1.12 and $1.16. That keeps the token below the $1.50 supply area highlighted by the analyst and leaves the market in a wait-and-see position.

The key point is that XRP is not in a confirmed breakout. It is in a test. If buyers defend support, the bullish long-term structure stays alive. If the level breaks, the lower demand zone may become the next area where traders look for a stronger reaction.

This article was written by the News Desk and edited by Samuel Rae.

This article is based on technical analysis by weslad, available at TradingView

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Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy

Strategy has added more Bitcoin to its treasury, but the bigger signal in Michael Saylor’s latest update may be the company’s decision to keep building a larger dollar reserve alongside its BTC position.

Strategy has increased its USD Reserve by $300 million to $1.4 billion and plans to continue replenishing it to support the credit quality of its Digital Credit securities. We also acquired 520 BTC for $35 million, increasing our $BTC Reserve to ₿847,363. $MSTR $STRC…

— Michael Saylor (@saylor) June 22, 2026

View original post on X

TL;DR

• Michael Saylor said Strategy acquired another 520 BTC for about $35 million.
• The company’s Bitcoin reserve now stands at 847,363 BTC, according to the post.
• Strategy also increased its USD reserve by $300 million to $1.4 billion.
• The update suggests the company is balancing accumulation with support for its Digital Credit securities.

Source post on X.

— Source (June 22, 2026)

In a post on X, Saylor said Strategy had increased its USD Reserve by $300 million to $1.4 billion and planned to continue replenishing it to support the credit quality of its Digital Credit securities. The same update said the company bought 520 BTC for $35 million, increasing its Bitcoin reserve to 847,363 BTC.

Bitcoin Buy Is Smaller, But The Reserve Is The Story

The latest purchase is modest by Strategy’s own standards. The company has built its reputation on aggressive Bitcoin accumulation, often using capital markets to increase BTC per share. A 520 BTC addition still matters, but the reserve increase gives the update a more defensive tone.

That does not mean Strategy is stepping away from Bitcoin. It means the company is showing more attention to the other side of its capital structure. Preferred securities, credit instruments and dividend obligations can all become more sensitive when Bitcoin trades below earlier highs or when market liquidity tightens.

Why Traders Care

Strategy remains one of the most closely watched corporate Bitcoin holders because its activity can shape sentiment around the broader treasury trade. When the company buys, bulls often read it as another sign that large public-market vehicles remain committed to BTC. When the company builds cash reserves, the market may read that as a sign of balance-sheet caution.

Bitcoin was trading around $65,100 at the time of writing, up on the day after an intraday low near $63,226. That keeps the latest Strategy purchase close to current market levels and places attention on whether corporate treasury demand continues while BTC consolidates.

A More Mature Treasury Phase?

The practical takeaway is that Strategy is still accumulating, but the latest update is not just another “Saylor bought Bitcoin” headline. It points to a more mature phase of the trade, where market participants are watching both the BTC stack and the liquidity buffer behind the company’s financial products.

For Bitcoin, the story remains supportive on the demand side. For Strategy, the bigger question is whether the company can keep increasing BTC exposure while maintaining enough cash protection to keep credit investors comfortable if the market stays choppy.

This article was written by the News Desk and edited by Samuel Rae.

This article is based on public commentary by Michael Saylor, available at X

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Ethereum Analyst Maps Drop Toward Demand Zone As ETH Tests Supply

Ethereum is back in a level-by-level technical fight after a TradingView analyst mapped out a short-biased setup that puts the market’s attention on whether ETH can hold near equilibrium or slide toward a deeper demand zone.

TL;DR

• TradingView analyst Champ_of_Gold says ETH has reacted from an institutional supply area.
• The setup highlights $1,718.5 as an immediate reaction level.
• The analyst’s deeper demand target sits around $1,562.7 down to the $1,500 psychological zone.
• ETH was trading around $1,765 at the time of writing, leaving the setup close enough to matter for short-term traders.

The analysis, published on TradingView under the title “ETHUSD: The Road To Demand”, frames the current ETH structure as a possible shift from premium pricing back toward discount levels. The analyst says price had moved into a supply zone between roughly $1,732.4 and $1,761.9 before showing a change of character on a lower time frame.

ETH Price Setup Turns On The $1,718 Area

The key level in the post is $1,718.5, described as an equilibrium point where ETH was reacting after tapping the supply area. A clean break beneath that area, in the analyst’s view, would open the door to a liquidity sweep lower.

That does not mean the move is guaranteed. It does, however, give traders a clear map: if ETH holds above the reaction zone, the bearish continuation idea loses urgency. If price breaks below it, the chart shifts toward the lower target zone where buyers may look for a stronger response.

Demand Zone Becomes The Main Watch Area

The projected downside destination in the TradingView post sits around $1,562.7 to $1,500. That band is important because it combines a previous demand area with a large psychological level. In market-analysis terms, these zones often become places where traders expect either a reaction or a continuation failure.

Current market data shows ETH trading near $1,765, with the asset up on the day after an intraday low near $1,704. That means ETH has not yet confirmed the deeper breakdown described in the setup, but the distance between spot price and the key invalidation/reaction levels is narrow enough to keep the chart relevant.

What Would Invalidate The Bearish Read?

The analyst places invalidation above the supply-zone high. In plain English, ETH needs to reclaim and hold above the zone that sellers are expected to defend. A move like that would challenge the short-biased interpretation and could force traders to reassess whether the current pullback is just a reset before another attempt higher.

For now, the setup leaves ETH traders watching two things: whether the $1,718 area gives way, and whether any move lower draws a meaningful bid before the $1,500 region comes into play.

This article was written by the News Desk and edited by Samuel Rae.

This article is based on technical analysis by Champ_of_Gold, available at TradingView

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Franklin Templeton Files Bitcoin DRIP ETFs That Would Route Stock Dividends Into BTC

TL;DR

• Franklin Templeton filed SEC paperwork for two proposed Bitcoin DRIP index ETFs.
• The structure would start with a 95% U.S. equity and 5% Bitcoin-linked allocation.
• The funds are preliminary filings, not live products, with an anticipated effective date no earlier than September 2026.

A New Bitcoin Allocation Rail For Equity Investors

Franklin Templeton has filed registration paperwork for a pair of proposed exchange-traded funds that would take a familiar stock-market concept and point it toward Bitcoin. The proposed Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF would use dividend income generated by underlying equity holdings to build exposure to Bitcoin-linked instruments, according to the SEC filing.

The idea is simple but unusual: instead of reinvesting dividends back into the same stock portfolio, the funds would route those distributions into Bitcoin exposure. That makes the structure different from a straightforward spot Bitcoin ETF and different from a traditional equity income product. It is effectively a hybrid allocation tool aimed at investors who want broad U.S. equity exposure while allowing income from that portfolio to accumulate in BTC-linked assets over time.

How The Proposed DRIP Structure Works

The funds are designed to begin with a roughly 95% U.S. equity and 5% Bitcoin allocation. The Bitcoin sleeve may use several instruments, including Bitcoin-backed exchange-traded products, futures, options or other permitted exposure routes, depending on what the final prospectus allows and what the adviser selects.

The filing also includes guardrails. If the Bitcoin allocation rises above 5%, the portfolio would normally rebalance quarterly back toward 4.5%. The filing also describes a hard cap that prevents Bitcoin exposure from exceeding 20% between rebalances. That matters because Bitcoin can move much more sharply than the underlying equity holdings, meaning a small allocation could expand quickly during a strong rally.

For investors, the key point is that the product is not being pitched as an all-in Bitcoin vehicle. It is a controlled allocation strategy that uses dividends as the funding mechanism. That could appeal to more traditional investors who are curious about Bitcoin but do not want to sell equities or make repeated manual purchases.

Why It Matters For The Bitcoin ETF Market

Franklin Templeton already operates the Franklin Bitcoin ETF, but these filings suggest issuers are still experimenting with ways to package Bitcoin exposure for different investor profiles. The first phase of the U.S. spot Bitcoin ETF market was about direct access. The next phase appears to be about integration: model portfolios, managed allocations, covered strategies and blended funds that make BTC part of a broader investment workflow.

That is important because Bitcoin adoption inside traditional finance is rarely only about price. It is also about product design. A DRIP-style structure could turn ordinary equity dividend income into a systematic Bitcoin allocation, creating a slow but recurring inflow channel if the funds are approved and attract assets.

There is still a long way to go before that becomes meaningful. The products are preliminary filings and are not active or tradeable today. The anticipated effective date listed in the filing points to September 2026 at the earliest, and regulatory review can change structure, timing or launch plans. Still, the filing shows how major asset managers are looking for new ways to make Bitcoin exposure fit inside familiar investment habits rather than forcing investors to treat it as a separate speculative trade.

This article was written by the News Desk and edited by Samuel Rae.

This report is based on information from SEC filings. at SEC

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Bank of England Softens Stablecoin Rules With £40 Billion Issuer Cap

The Bank of England has softened its proposed framework for systemic sterling stablecoins, dropping individual holding limits and replacing them with a planned aggregate cap on issuance by each systemic issuer.

TL;DR

• The Bank of England has moved away from proposed individual stablecoin holding limits.
• The revised framework points to a temporary £40 billion issuance cap per systemic stablecoin issuer.
• Issuers would also be allowed to hold a larger share of reserves in short-term UK government debt.
• The rules are still part of a regulatory process, not a live retail stablecoin launch.

The change matters because the earlier approach had become one of the biggest sticking points in the UK’s attempt to build a workable stablecoin regime. Previous proposals included limits of £20,000 for individuals and £10 million for businesses, a structure that industry groups argued would make sterling stablecoins difficult to use at scale.

According to Reuters, the central bank has now opted for a simpler model built around a temporary £40 billion issuance cap per stablecoin. The Bank has also eased the proposed reserve mix, allowing issuers to hold up to 70% of backing assets in short-term government debt, with the balance held as non-interest-bearing deposits at the central bank.

Why The Rule Shift Matters

The stablecoin market is still dominated by dollar-denominated tokens, but the UK has been trying to position itself as a more credible jurisdiction for digital payments, tokenisation and market infrastructure. A workable sterling stablecoin framework would give regulated firms clearer rules for issuing payment tokens that can be used in real settlement activity.

The key point is not that a major sterling stablecoin suddenly goes live today. It is that the Bank appears to have listened to the market’s concern that tight wallet-level limits would make adoption awkward from day one. An issuer-level cap is still restrictive, but it gives banks, payment companies and crypto firms a cleaner structure to plan around.

For the market, the reserve change is also important. Stablecoin issuers generally need some yield on backing assets to make the business viable. Requiring too much cash to sit idle at the central bank could weaken the economics of issuance, while too little liquidity could create redemption risk. The Bank’s revised split is an attempt to balance those two pressures.

What Comes Next

The timeline still matters. The revised framework is part of the Bank’s policy and rulemaking process, with final rules expected before regulated operations begin. That means any article framing this as an immediate opening of the UK stablecoin market would go too far.

Still, the direction of travel is notable. The UK has been under pressure to keep pace with the US and EU on digital asset regulation. A more flexible systemic stablecoin regime could make the country more attractive for firms building tokenised payment rails, provided the final rulebook does not reintroduce too much friction.

The market impact is likely to be more structural than immediate. Sterling stablecoins remain tiny compared with dollar-backed alternatives, but clearer rules could help banks and payment firms test products that were difficult to justify under a stricter holding-limit model.

This report is based on information from Reuters and prior Bank of England stablecoin consultation material.

This article was written by the News Desk and edited by Samuel Rae.

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Bitcoin Bears Eye Lower Levels As TradingView Analysts Flag Failed Recovery

Bitcoin’s weekend rebound is running into a familiar problem: several TradingView analysts are still treating the move as a retest rather than a confirmed reversal.

TL;DR

• Three TradingView ideas point to Bitcoin struggling beneath important resistance after a recent breakdown.
• SHAY_ANALYTICS says BTC remains bearish while it trades below the former triangle support and Ichimoku cloud.
• Milad_sangari flags a channel breakdown and retest near the $63,600–$63,980 resistance area.
• DomicChaina says the $64,000–$65,000 zone remains the key ceiling unless buyers show stronger follow-through.

Bitcoin Rebound Faces A Resistance Test

The common thread across the bearish TradingView setups is not that Bitcoin must immediately collapse. It is that the latest bounce has not yet done enough to prove sellers have lost control.

In one of the more cautious views, TradingView analyst SHAY_ANALYTICS described BTCUSD as having confirmed a bearish breakdown from a multi-month symmetrical triangle. The analyst said price is still below the former support area and below the Ichimoku cloud, leaving the downside bias intact unless buyers reclaim the broken structure.

That setup places immediate resistance around $73,200 and major resistance near $75,600, while downside targets sit at $54,000 and $47,500. The important point is the structure: former support is now being treated as resistance, and rallies into that zone may attract fresh selling unless Bitcoin closes back above it with conviction.

Short-Term Traders Watch $63,600–$65,000

A second TradingView idea from Milad_sangari focused on the shorter-term BTCUSDT structure. The analyst said Bitcoin had broken below an ascending parallel channel on the one-hour timeframe and was retesting the former channel support as resistance.

The rejection zone highlighted in that analysis sits around $63,600–$63,980, an area the analyst said also lines up with key Fibonacci retracement levels. That makes the current area important for traders trying to separate a healthy rebound from a failed retest.

DomicChaina offered a similar read on the four-hour structure, arguing that Bitcoin’s recovery around $63,500 remains below the EMA cluster around $64,050–$64,970. In that view, BTC can still push slightly higher toward $64,000–$65,000, but that area may become a supply zone if buying pressure fades.

The Bearish Case Is Conditional

The bearish setups are not all-or-nothing calls. They are conditional market maps. If Bitcoin reclaims the key resistance zones and holds above them, the bearish thesis weakens quickly. But until that happens, the chart remains vulnerable to another move lower.

That leaves traders watching whether the weekend recovery can turn into a sustained reclaim. A failed move near $64,000–$65,000 would keep pressure on lower supports. A clean break above that zone would force shorts to reassess and could open the door to a stronger relief move.

For now, the message from these technical analysts is straightforward: Bitcoin has bounced, but the recovery still has to prove itself.

This article was written by the News Desk and edited by Samuel Rae.

This article is based on technical analysis shared on TradingView by SHAY_ANALYTICS, available at at the source

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Bitcoin Reclaims $63,500 As Traders Watch For Squeeze Toward $67,000

Bitcoin’s recovery has given bulls something to work with again, but traders are still treating the move as a level-by-level test rather than a clean return to euphoria.

View original TradingView chart

TL;DR

• TradingView analyst kiv1n mapped a BTCUSDT long setup using liquidation levels, with an optimized target near $67,450.
• That Martini Guy said Bitcoin reclaiming $63,500 after a higher low near $62,400 makes it harder to stay aggressively bearish.
• The key level across the bullish case is whether BTC can hold the reclaimed $63,500 area.
• A failed hold would weaken the long setup quickly, especially after recent liquidation-driven volatility.

Liquidation Map Points To A Higher Target

A TradingView idea from analyst kiv1n framed Bitcoin’s current setup through liquidation mapping rather than a simple support-and-resistance plan. The original setup used a $63,700 entry, $66,900 take-profit, and $62,400 stop-loss. After adjusting the plan around liquidity clusters, the analyst moved the entry to $63,450, raised the exit to $67,450, and tightened the stop to $62,800.

The reason for the adjustment was liquidity. The analyst argued that the original stop sat awkwardly between liquidation zones, while the revised stop sits below a localized cluster of long liquidations around $62,953. In that view, a break below $62,800 would suggest the market is not just dipping but likely flushing deeper.

The revised upside target was also more aggressive. Instead of exiting at $66,900, the analyst pointed to a larger liquidity magnet around $67,559 and set the target just below it at $67,450. The goal is to front-run the area where a short-squeeze cascade could begin to lose momentum.

$63,500 Becomes The Line Bulls Need To Defend

The same level also appeared in commentary from That Martini Guy on X. He noted that Bitcoin was trading around $64,300 after reclaiming the $63,500 support zone, arguing that many traders had become too convinced the earlier breakdown was real.

His point was not that Bitcoin has already confirmed a major breakout. It was that BTC formed a higher low around $62,400, reclaimed the failed support area, and then started grinding higher. That is exactly the sequence bulls needed to see after sentiment flipped bearish.

In that view, the previous range high around $67,200 remains the next major level to watch. As long as $63,500 holds, the short-term structure is harder to dismiss.

The Setup Still Needs Confirmation

The bullish case is not risk-free. A liquidation-map setup can fail quickly if the market sweeps the wrong side first, and a reclaim only matters if buyers defend it on the next pullback.

That makes the $62,800–$63,500 zone especially important. Hold above it, and the market can keep pressing toward the $67,000 region. Lose it, and the recent rebound starts to look like another failed recovery attempt.

For now, the bullish read is simple: Bitcoin has reclaimed a key level, short-side liquidity may be sitting higher, and traders are watching whether buyers can turn a relief bounce into a squeeze.

This article was written by the News Desk and edited by Samuel Rae.

This article is based on technical analysis shared on TradingView by kiv1n, available at at the source

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