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#pepe⚡ Can Bulls Overcome $0.00001313? Analyzing PEPE Price Action After rebounding strongly from the $0.00001152 support level, PEPE has demonstrated a positive move, surging towards the critical $0.00001313 resistance. This recent price action reflects a solid recovery, with buyers taking charge and driving the price upward despite earlier challenges. The push toward $0.00001313 is significant, as it marks a major resistance level where the bulls need to enact strength in order to sustain the momentum. Significantly, this move shows that PEPE is attempting to regain its bullish trend, but breaking through the $0.00001313 resistance is crucial.  Additionally, the Relative Strength Index (RSI) reinforces the idea that the meme coin is gaining strength. Recently, the RSI has moved out of the oversold zone, indicating that the intense selling pressure has begun to subside. As it progresses toward the 50% threshold, it suggests a shift toward a more balanced market where buyers are starting to take control. The 50% level is often seen as a critical point in technical analysis, marking the line between a neutral and a bullish trend. PEPE’s movement toward this level implies it might be on the verge of entering a bullish phase, where extended upward momentum is possible. If the RSI breaks above 50%, it will further validate the strength of the recovery, allowing bulls to regain confidence. However, if the RSI stalls or dips back below 50%, it may imply that the momentum is not yet strong enough to sustain a breakout. Positive Vs. Negative Pressure At the critical $0.00001313 resistance level, PEPE is at a crossroads between bullish momentum and bearish pressure. Bulls have pushed the price higher, but this key resistance has proven difficult to overcome. Should the bulls breakthrough, it could signal the start of a new rally, causing the asset to challenge the $0.00001731 resistance level. Nonetheless, if bearish pressure prevails, PEPE may face a pullback toward the previous support of $0.00001152.
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#XRPRealityCheck Institutional Interest in XRP Paves the Way for Mass Adoption. Claver points to the increasing involvement of institutions in the XRP space as a sign of its imminent rise. He noted that Grayscale’s XRP Trust product mirrors the firm’s early moves with Bitcoin and Ethereum. Specifically, this signals Grayscale’s growing confidence in the asset, with a filing for an XRP ETF likely to follow. Meanwhile, multiple filings for XRP-based ETFs from other asset managers have added to the excitement. As of today, applications for XRP ETFs have reached seven. “When big institutions show interest, wider adoption often follows,” Claver noted. Moreover, he stressed that XRP’s ability to facilitate fast and scalable cross-border payments makes it an attractive option for large financial transactions, giving it a potential edge in the global financial scene. XRP Network Well-suited for Tokenization Market Tokenization, the process of converting real-world assets into digital tokens, is rapidly gaining traction in the crypto scene. Claver believes XRP is perfectly in a position to capitalize on this trend. Specifically, he suggested that regulation will play a crucial role in driving the digital asset market into the trillions of dollars, with XRP’s efficient and scalable system positioning it as a go-to platform for such initiatives. Notably, the XRP Ledger stands out for its ability to handle high transaction volumes with low costs and fast speeds. With the growing interest in tokenized assets like real estate and stocks, Claver believes this utility makes XRPL ideal for supporting a tokenized financial ecosystem. Moreover, Ripple’s partnership and integration through platforms like Axelar Network strengthens XRP’s position. Stablecoins and Ripple’s Strategic Moves Another key factor Claver highlighted was the growing role of stablecoins in the financial ecosystem. According to him, Ripple’s recent launch of RLUSD is a major milestone for the project.
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🔥ERIC TRUMP DROPS A BOMBSHELL: 0% TAXES FOR MADE IN US CRYPTO. US-based Crypto Projects to Enjoy Zero Capital Gains Tax As per reports, Eric asserted that US-based crypto projects, including XRP and HBAR, would benefit from the zero capital gains tax policy. Eric’s confirmation has triggered excitement in the entire cryptocurrency industry. Many crypto enthusiasts believe that the decision would make US-based crypto projects more attractive. Will Non-US-Based Projects Receive Any Tax Relief? The policy is less likely to provide any benefit to non-US crypto projects. According to reports, Eric highlighted that non-US crypto projects would attract a capital gains tax of 30%. Experts believe that this sharp contrast in taxation aims to level the playing field in favour of US-based crypto projects and incentivise companies to establish operations within the country. US-based Crypto Projects: An Overview The total market cap of the Made in USA category now stands at $550 Billion, and its 24-hour trading volume remains at $37,474,510,450. The category, like what the name suggests, refers to cryptos having strong connections to the US. XRP, Solana, USDC, Cardano, Chainlink, Avalanche, Stellar, Hedera, Sui and Polkadot are the top ten cryptocurrencies by market cap in the category. In the last 30-days, almost all the top ten cryptos in this category have shown bullish trends. XRP has surged by 42%, Solana by 31.7%, Cardano by 12.3%, Chainlink by 8.7%, Steller by 18.5%, and Hedera by 15.1%. However, during the same period, Avalanche has slipped by 7.4%, Sui by 2.8% and Polkadot by 9.9%.
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