Bitcoin’s Support at $88.8K in Focus After Trendline Break; XRP Eyes Death Cross: Technical Analysis

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bitcoin’s (BTC) weekend price movement has brought attention to the $88,800 support level, while XRP, the payments-focused cryptocurrency, seems close to confirming a bearish chart pattern known as the “death cross."BTC fell 1.5% on Sunday (UTC), diving out of a trendline connecting lows reached on April 9 and April 20, according to charts sourced from TradingView source: https://www.coindesk.com/markets/2025/05/05/bitcoins-support-at-888k-in-focus-after-trendline-break-xrp-eyes-death-cross-technical-analysis