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Bitcoin's Price Recovery Runs Into a Bearish Double Top Patter, What Next for XRP, SOL, DOGE?

CoinDesk LogoCoinDesk3d ago

Bitcoin's Price Recovery Runs Into a Bearish Double Top Patter, What Next for XRP, SOL, DOGE? - CoinDesk

Quick Summary:

The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.

However, long-term charts continue to indicate the asset remains in an ascending range.

BTC peaked near $87,400 last week, with prices pulling back to around $84,000 on Friday and staging a recovery to above $87,000 before stalling again.

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Bitcoin's Price Recovery Runs Into a Bearish Double Top Patter, What Next for XRP, SOL, DOGE? - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-26 @ 06:31:11 (3 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 31 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 27345781

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About CoinDesk

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Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 2 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

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  • URL: https://chronographically.beamstart.com/news/bitcoins-price-recovery-runs-into-17429708399368

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