Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
History
Creator Center
Settings
Rosechild
--
Follow
Don't stop speaking out about
$XRP
, keep going! It won't take long for $5 or even $10, it will be achieved soon. 🙏
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
246
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
Rosechild
@Square-Creator-3f9f0aa07eb04
Follow
Explore More From Creator
in my dream, LOL! 🙈 $BTC $BNB $ETH
--
Why is $XRP price down today? XRP fell 2.5% in the past 24h to $3.20, diverging from its 10.39% weekly gain. Key drivers include profit-taking after topping Grayscale’s leaderboard, technical resistance at $3.30–$3.45, and mixed ETF sentiment. Profit-taking post-Grayscale surge – XRP’s 9.7% weekly gain triggered selling after hitting $3.30 resistance. Technical rejection – Failed breakout above $3.30 confirmed bearish momentum on 3-day charts. ETF uncertainty – BlackRock denied XRP ETF plans, cooling institutional speculation. Overview: Analysts flagged $3.30 as a critical threshold – a 3-day close above this level was needed to confirm bullish momentum. XRP briefly touched $3.30 on August 7 but closed at $3.20, sparking technical selling. What this means: The failure to hold $3.30 activated stop-loss orders and liquidated $31M+ in long positions. The RSI(14) at 57.59 shows neutral momentum, but bearish divergence emerged after the rejection. Fibonacci retracement levels now suggest $3.08 (50% level) as next support. #Write2Earn $XRP #
--
Why is $WCT price down today? 1. Profit-Taking After Rally (Bearish Impact) WCT surged 11.09% over the past week, outperforming Bitcoin (-1.95%) and Ethereum (+0.3% 24h). This rally likely attracted profit-taking given: - High turnover ratio (0.71) – Signals active trading, with $43.6M volume vs $61.3M market cap. - RSI at 52.99 – Neutral territory but down from overbought 63.21 (7-day RSI) earlier this week. What this means: Short-term traders frequently exit after double-digit gains in low-cap tokens like WCT. The 32.87% drop in 24h volume suggests reduced buying pressure to sustain prices. 2. Airdrop Overhang (Mixed Impact) The June 2025 Solana airdrop of 5M WCT (2.7% of circulating supply) created latent selling pressure: - Recipients may still be offloading tokens – WCT remains 59.35% below its May 2025 peak. - Fully diluted valuation ($329M) far exceeds market cap ($61.3M), raising dilution fears as 81% supply remains locked. What to watch: WalletConnect’s governance updates for staking incentives to reduce liquid supply. 3. Technical Weakness (Bearish Impact) Key levels broke down: - Pivot point ($0.3355) – Price fell below this support-turned-resistance. - Fibonacci retracement – Stuck below 23.6% level ($0.379), with next support at 38.2% ($0.360). - MACD histogram flipped negative – Momentum shifted bearish despite recent uptrend. What this means: Technical traders likely exited positions after the failed breakout, exacerbating selling. Conclusion WCT’s dip reflects natural consolidation after outperformance, airdrop dynamics, and technical triggers. While the project’s Solana integration and 22% staking APY offer long-term value, high FDV remains a headwind. Key watch: Can WCT hold $0.30 support? A break below could target June lows near $0.28, while reclaiming $0.335 may revive bullish momentum. #Write2Earn #WCTToken
--
wish me luck! $BNB $BTC $ETH
--
alt season dimulai! $BTC $ETH $XRP
--
Latest News
Aave Surpasses Major U.S. Banks in Deposit Volume
--
Ethereum Contract Holdings Show Significant Decline
--
Zircon Securities Gains Approval for Virtual Asset Services in Hong Kong
--
Nikkei 225 Index Reaches Record High, Surpasses 43,000 Points
--
Trade War and Rate Cuts Signal Potential Bull Market, Says LD Capital Founder
--
View More
Trending Articles
#Solana price outlook __what lies Ahead ?
harry tal
The Incredible Story Of How He Lost 99,000 Bitcoins Worth $11 Billion Today
CryptoMasterMindX
White House says Trump-Putin summit will not produce a Ukraine ceasefire or trade deals
Cryptopolitan
🌍BE READY XRP HOLDER FOR SOME FUTURE BIG BOOM IS COMING 🌎
Yasin-Khan786
ETH Price Outlook: Crash Incoming or a Run to $7,000?
Crypto teacher 12
View More
Sitemap
Cookie Preferences
Platform T&Cs
