Traders Sell Ether and XRP as Crypto Markets Shift to Sell-the-Rally Regime

image

Source: CryptoNewsNet Original Title: Traders sell Ether, Solana, XRP rallies; Monero tops $640 Original Link: https://cryptonews.net/news/analytics/32266994/ Crypto markets showed mixed signals on Tuesday as a short-lived rebound ran into fresh selling pressure, reinforcing a broader shift toward a sell-the-rally regime that analysts say could define the coming months.

Bitcoin briefly jumped toward $92,500 before reversing sharply, slipping back near $90,300 as sellers stepped in around technical resistance. At press time, bitcoin was testing its 50-day moving average, a level traders are watching closely.

“A slip below $90,000 could have a strong psychological effect,” said Alex Kuptsikevich, chief market analyst at FxPro. “That could quickly open a move toward $87,000 and potentially much lower levels if confidence breaks.”

Ether tracked a similar pattern, failing to build momentum and slipping back toward $3,120. XRP extended its decline for a seventh straight session, falling toward the $2.00 level and its own 50-day moving average. While XRP remains up about 10% year-to-date, Kuptsikevich said early-January momentum has clearly faded as traders increasingly sell into strength rather than chase upside.

XRP6,49%
SOL5,97%
BTC4,94%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)