altcoin

XRP, the cryptocurrency tied to Ripple, fell by 5% following a court decision in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC).

Judge Analisa Torres rejected a joint motion by both parties for an indicative ruling — a move that added new uncertainty and triggered a negative market reaction.

📉 XRP Tests Key Support as Price Slips
Following the court's decision, XRP dropped to $2.35, continuing a downward correction from $2.60 earlier this week, totaling nearly a 10% drop from its recent peak.
From a technical standpoint, XRP is now testing a critical trendline. According to trader Man of Bitcoin, a break below this level could lead to a further drop toward the support zone between $2.19 and $1.79.
Data from Coinglass shows that open interest in XRP has fallen 6% to $5.08 billion. Over the past 24 hours, liquidations totaled more than $22.8 million, the majority being long positions.

⚖ Legal Battle Continues – Ripple Plans to Reengage
The rejected motion sought to avoid two main outcomes:
🔹 A court order prohibiting the sale of XRP as an “unregistered security”

🔹 And a full monetary penalty.
The judge, however, found the motion procedurally improper, as it attempted to override portions of a previous ruling.
Attorney John Deaton noted that the court emphasized how the SEC spent five years aggressively building its case — only to now suggest much of that work might be set aside.
Judge Torres also outlined specific requirements for both Ripple and the SEC to justify a reversal of her earlier decision — including demonstrating that it would serve the public and institutional investors’ interests.

🗣 Ripple’s Response
Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the company will reengage with the SEC and bring the issue back to court. On platform X, he wrote:
“Today’s ruling does not change Ripple’s earlier wins (e.g., XRP is not a security, etc.). This is a procedural issue regarding denial of Ripple’s request. Ripple and the SEC are aligned in resolving the matter and will revisit it with the court.”

🧾 What Could Happen Next? A Possible Legal Path
Attorney Bill Morgan, a longtime supporter of XRP, outlined a possible sequence:
🔹 After a new indicative ruling, both sides would ask the appeals court to temporarily return the case, enabling a mutually agreed solution.

🔹 Judge Torres would then receive a motion outlining the agreement.

🔹 After lifting the injunction and finalizing a reduced $50 million penalty, both Ripple and the SEC could withdraw their appeals at the Second Circuit.

📊 Market Awaits Clarity
While other altcoins like Ethereum, Solana, and Dogecoin have surged recently, XRP has remained relatively steady.

Now, the coin faces legal and technical pressure. The next price movement will likely depend on how discussions between Ripple and the SEC unfold.

Traders are closely watching the $2.19 support zone — a drop below it could trigger further downside momentum.

#xrp , #Ripple , #CryptoNews , #Altcoin , #cryptocurrencies

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

PENDLE’s recent moves might look like chaos — but under the surface, it’s a textbook example of accumulation through volatility.

What’s going on?
Sharp bounce from $3.76Fake breakout above $4.35, followed by a flush and quick recoverySideways consolidation in the $4.15–$4.30 zone
MACD flipping green, Bollinger Bands widening — strength is building
This is not just a rollercoaster.
It’s rocket fuel loading up.
Price is testing liquidity, flushing weak hands — and if it holds above $4.35, it could trigger a strong leg up.
📌 If $4.20 holds — this setup remains valid, and partial entries look reasonable.
🔻 If it breaks below $4.05 — better to step back and wait for a cleaner entry.

Conclusion:
This isn’t noise — it’s controlled volatility with purpose. If bulls take control, next stop could be $4.70–$5.00.

Disclaimer: Not financial advice. Always DYOR and manage your risk accordingly.

$PENDLE #Altcoin #TradingSignals

Ethereum (ETH) remains stable above the critical $2,500 level, despite a minor price pullback, thanks in large part to a major move by BTCS Inc., which announced plans to expand its ETH holdings through a $57.8 million funding strategy. This development is adding significant fuel to the bullish outlook on Ethereum.

BTCS Bets on Ethereum – Like MicroStrategy Did on Bitcoin
While other altcoins like Solana and Cardano have seen declines of up to 4% recently, Ethereum managed to limit its losses to just 3%, buoyed by the news from BTCS.
The company revealed a financial agreement with an initial commitment of $7.8 million, expandable up to $50 million, to grow its Ethereum holdings and validator infrastructure.
However, BTCS isn’t just holding ETH passively — it plans to generate yield through staking rewards using its Builder+ platform. This mirrors MicroStrategy’s approach with Bitcoin, but adds the advantage of ongoing validator income.
The funding structure includes convertible notes with a 194% premium, indicating strong investor confidence in ETH's long-term growth. On top of that, BTCS’s CEO personally contributed $95,000, with an additional $200,000 coming from an affiliated trust — further cementing the credibility of the strategy.

Ethereum Stands Firm as Market Reacts to FTX-Driven Selloffs
While other altcoins have stumbled amid market-wide selloffs linked to FTX repayments, Ethereum has remained relatively stable, showing less volatility and greater resilience.
This steady consolidation above $2,500 keeps bulls in control. If ETH can maintain momentum, it may soon revisit resistance levels between $2,700 and $2,800.

Technical Picture: Indicators Remain Strong
From a technical standpoint, ETH continues to hold a solid bullish structure. Friday’s trading session closed at $2,549.89, right at the intraday high — a clear signal that buyers are defending key support levels.
🔹 RSI at 72.33 indicates the asset is in overbought territory, but remains stable, showing healthy momentum.

🔹 Bollinger Bands are expanding on the upper end, supporting a positive volatility trend.

🔹 Price is holding above VWAP and the mid-support range, signaling buyer dominance.

📊 What’s Next for ETH?
If Ethereum continues to hold the $2,500 support and benefits from increasing institutional demand, the next clear target is $2,800.
However, a break below $2,450 could trigger a medium-term pullback toward $2,200. As always, volume and validator performance will remain key drivers of Ethereum’s short-term trajectory.

#Ethereum , #ETH , #CryptoPredictions , #CryptoAnalysis , #Altcoin

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“