Economic data and technical levels set focal points for Bitcoin, XRP this week

The coming week brings significant economic releases that could shape risk appetite across crypto markets. Consumer price inflation data on Wednesday and producer price inflation on Thursday head a calendar also featuring existing home sales, retail sales, and consumer sentiment readings. CPI and PPI figures carry particular weight as inflation expectations influence interest rate outlooks and broader appetite for risk assets.

Bitcoin has advanced toward $64,000 with the $68,000-$70,000 zone marked as the next technical area of interest. According to one analyst cited in the piece, the current move may represent a final squeeze rather than the beginning of a sustained bull run. This view projects Bitcoin could reach $69,000 before declining toward $61,000, then potentially extending toward $57,000, $53,000, $49,000 and $44,000 over the following two to three months, with around 60 days of accumulation expected before any recovery toward $55,000.

XRP analysts Julia Liberte and Dandelion have drawn parallels to the token's 2017 cycle pattern. Their technical roadmap envisions movement from $1.10 to $0.97, then toward $1.80, followed by $2.70-$3.20, with potential extensions toward $6.50 and eventually $13 if the pattern holds. The analysts note that successful support retests could trigger larger moves, though they acknowledge these remain projections based on technical analysis rather than price forecasts.