Place your ads here email us at info@blockchain.news
NEW
Bitcoin (BTC) Volatility Signals Major Surge, as XRP Echoes Bullish Pattern Preceding $100K Breakout | Flash News Detail | Blockchain.News
Latest Update
7/2/2025 12:16:00 PM

Bitcoin (BTC) Volatility Signals Major Surge, as XRP Echoes Bullish Pattern Preceding $100K Breakout

Bitcoin (BTC) Volatility Signals Major Surge, as XRP Echoes Bullish Pattern Preceding $100K Breakout

According to @CryptoMichNL, a key technical indicator for Bitcoin (BTC) is signaling a potential volatility surge that could lead to a significant price increase. The analysis points to the MACD histogram linked to the Bollinger Band spread turning positive, a historical precursor to major bull runs like the rallies in late 2020 and late 2024. Concurrently, XRP is showing remarkable strength by holding its price between $2.00 and $2.60 despite a bearish weekly MACD signal. This bullish divergence mirrors the conditions seen in Bitcoin before its historic run to over $100,000, suggesting XRP could be poised for a similar upward breakout, a view supported by its upward-sloping long-term moving averages.

Source

Analysis

The cryptocurrency market is showing signs of a significant structural shift, with key indicators on both Bitcoin (BTC) and XRP pointing towards potential high-impact volatility. According to technical analysis from Chartered Market Technician Omkar Godbole, a critical volatility signal for Bitcoin has just been triggered, suggesting a major price move could be on the horizon. Simultaneously, XRP is exhibiting a bullish pattern that mirrors a historical setup in Bitcoin, which preceded a major rally. For traders, these converging signals across the market's leading assets present a compelling narrative for the weeks ahead, demanding close attention to key technical levels and indicators.



Bitcoin Volatility Set to Explode?


A specialized indicator derived from Bitcoin's weekly Bollinger Bands suggests that the recent period of relative calm may be coming to an explosive end. This indicator measures the spread, or gap, between the upper and lower Bollinger Bands. A narrowing gap, known as a 'squeeze', often precedes a significant expansion in volatility and a powerful price trend. Analysis shows that the MACD (Moving Average Convergence Divergence) histogram, when applied to this Bollinger Band spread, has recently crossed into positive territory. Historically, this crossover has served as a reliable precursor to major bull runs. Previous instances, such as the lead-ups to the late 2020 and other significant rallies, were flagged by this exact signal. While volatility itself is direction-agnostic, the context of a broader uptrend strongly suggests that this impending expansion could favor the bulls. With BTC currently trading around the $109,065 mark and pushing against its 24-hour high of $109,650, a decisive breakout fueled by expanding volatility could be the catalyst that propels it into a new phase of price discovery.



XRP's Bullish Resilience Echoes BTC History


While Bitcoin prepares for a potential volatility boom, XRP is displaying a powerful pattern of its own: bullish divergence. For weeks, XRP's weekly MACD histogram has been printing bearish readings below the zero line. Typically, this would signal strengthening downward momentum and lead to a price breakdown. However, XRP has defied these bearish signals. Instead of declining, its price has been consolidating stubbornly within a range, largely holding between $2.00 and $2.60. Currently trading at approximately $2.266, XRP has shown remarkable resilience, successfully absorbing selling pressure. This behavior, where price action refuses to confirm a bearish indicator, often reveals underlying strength and accumulation by large players. According to Godbole's analysis, this exact scenario played out in the Bitcoin market in 2024. During that period, BTC’s weekly MACD flashed bearish signals for an entire summer while the price consolidated, refusing to break down. That period of resilience foreshadowed a historic rally that took BTC well beyond the $100,000 mark. The parallel suggests that XRP could be coiling for a similar powerful upward move, especially with its long-term 50-, 100-, and 200-week simple moving averages (SMAs) all pointing upwards, confirming the underlying bullish trend.



Broader Market Context and Trading Implications


The bullish setups in BTC and XRP are not occurring in a vacuum. The broader altcoin market is also showing signs of life, which could provide additional tailwinds. The ETH/BTC pair has gained over 3.5% in the last 24 hours, indicating renewed strength in Ethereum relative to Bitcoin. Other major altcoins like Solana (SOLBTC), Cardano (ADABTC), and Avalanche (AVAXBTC) are also posting strong gains against Bitcoin, suggesting a risk-on sentiment is building across the crypto ecosystem. For traders, this environment presents distinct opportunities. For Bitcoin, a confirmed breakout above the recent highs near $109,800 on expanding volume would be a strong bullish confirmation. For XRP, entries within the current consolidation range, with a defined risk set below the psychological $2.00 support, could prove strategic. The key will be to watch if XRP can break the upper end of its range near $2.60, a move that could trigger a rapid repricing similar to the historical BTC fractal it appears to be emulating. As these patterns mature, the coming days will be critical in determining whether this is the start of the next major leg up for the entire crypto market.

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast

Place your ads here email us at info@blockchain.news