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XRP News Today: Bearish Turn Amid Political Heat and Settlement Hopes; BTC at $94k
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Solanaâs TRUMP Memecoin Looks Exposed to Another 15-20% Price Decline Key Points: $TRUMP memecoin has broken down from a bear pennant, risking a further 15â20% drop toward $9. Technical indicators like RSI and EMAs confirm strong bearish momentum with no immediate reversal signs. Fading hype after the Trump dinner event and weak fundamentals amplify the risk of deeper sell-offs. Solana-based Official Trump (TRUMP) memecoin is showing signs of another breakdown after falling by nearly 35% from its April highs of $16.45. The bearish outlook emerges from a classic technical pattern and other reasons. TRUMP Technical Analysis â Bear Pennant Risks 15-20% Decline The chart reveals a classic bear pennant formation, a continuation pattern that typically signals further downside after a sharp decline. $TRUMP experienced a steep drop between April 29 and May 2, followed by a consolidation phase forming the pennant. #TrumpCrypto
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EXPERTS WHAT DO YOU THINK & PLEASE LET ME KNOW IF YOU HAVE ANY IDEA ABOUT THIS .. According to our price prediction algorithm, the price of Bitcoin$BTC will increase by 16.35% in the next month and hit $âŻ109,291. Meanwhile, Ethereum $ETH is predicted to fall by -21.94% in the next 30 days and reach a price of $âŻ1,410.13 #btc #ETH
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Cardanoâs ADA, XRP Slide as Bitcoin Traders Await âCoin-Flipâ FOMC Meeting $BTC Defi tokens such as Hyperliquidâs HYPE are up 70% in the past week, a sign of traders favoring fundamentals as capital allocators remain cautious with their money. What to know: Cardano's ADA and XRP led losses among major cryptocurrencies as traders anticipate the Federal Reserve's decision on interest rates. Bitcoi$BTC prices remained stable above $94,000, while other cryptocurrencies like Ether and $DOGE Dogecoin experienced slight declines. DeFi tokens such as AAVE and CRV saw increased demand, reflecting a shift in trader interest towards projects with strong fundamentals. Cardanoâs ADA and XRP led losses among majors on Tuesday as traders await the outcome of the upcoming Federal Reserve (FOMC) meeting, where rates are expected to stay unchanged but Fed chair Jerome Powellâs comments could provide cues on further market positioning. Bitcoin (BTC) prices held above $94,000 after briefly dipping below that level on Sunday, continuing its recent range-bound behavior. ADA price dropped nearly 4% while XRP slid similarly. Ether (ETH) fell nearly 1%, BNB Chainâs BNB rose 1.3% and memecoin dogecoin (DOGE) was down 2% in the past 24 hours. The broad-based CoinDesk 20 (CD20), a liquid index that tracks the largest tokens by market capitalization, dropped a little over 1.8%. Elsewhere, some DeFi tokens such as AAVE, Curveâs CRV, and Hyperliquidâs HYPE have seen a bump in demand over the past week in a sign of trader interest toward projects with utility and yield mechanisms, some say. #btc
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