🪙 $XRP Tops $3 on Reports of Fed Chair Powell's Likely Ouster
XRP, the third-biggest cryptocurrency by market cap, briefly surged above the $3 level earlier this Wednesday amid numerous rumors of Federal Reserve Chair Jerome Powell's likely ouster.
According to Bloomberg, an anonymous White House official said that Powell could end up being fired soon. However, no final decision has been made so far.
Major U.S. stock market indices quickly fell on the report, with the S&P 500 index currently trading in the red.
The stock market is about the independence of the Fed being undermined.
Cryptocurrency mogul Novogratz recently urged investors to buy Bitcoin, criticizing the calls for Powell's termination as "Banana Republic moves."
Some believe that firing Powell before the end of his term would be bullish for crypto since it would erode confidence in the Fed and likely result in much lower interest rates in the near future.
#XRP #Ripple
{spot}(XRPUSDT)
$PROM
{spot}(PROMUSDT)
/USDT Strong Bullish Rally In Progress 💯🚀 Ready For Next Move .?📈✅
$PROM is showing strong NFT sector momentum with strong gain, pushing near the 24h high ($9.06) on healthy volume (318K PROM, $2.67M USDT). Watching for a breakout above $9.00–$9.20 zone.
Entry:
Buy range: $8.80 – $9.00
Look for retest dips near $8.85 if it rejects first breakout attempts.
Targets:
• TP1: $9.20 — 24h high test and breakout.
• TP2: $9.60 — next strong psychological resistance.
• TP3: $10.00 — round number squeeze target.
Stop Loss:
Below $8.50 — invalidates the bullish structure if it breaks under recent support.
Key Levels:
• Support: $8.80, $8.50
• Resistance: $9.06, $9.20, $9.60
• Pivot: $8.90 — keep an eye for trend continuation or rejection here.
Pro Tip:
PROM is volatile on breakouts — partial out around TP1 if momentum slows. Trail your stop loss once above $9.20 for protection.
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$ETH waking up hard.
After weeks of chop and fakeouts, we’re finally seeing some real momentum.
Bounced perfectly off the 25 EMA, broke above $3,300 and even tapped $3,359 — that’s no joke. Volume is picking up too, confirming the strength.
Structure looks solid. If this holds above $3,300 on the next 4H close, the next leg could be quick.
Ethereum doesn’t move like this for nothing. Pay attention.
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{spot}(ETHUSDT)
$BONK
{spot}(BONKUSDT)
/USDT Strong Bullish Surge In Motion 💯🚀 Don't Miss Out Opportunity Waves .!📈✅
$BONK is flying with strong gains today, massive meme hype, and 8T volume traded. It’s pushing toward the recent 24h high ($0.00003795) with eyes on a psychological round number breakout ($0.00004000).
Entry:
Buy range: $0.00003650 – $0.00003750
Best to ladder in on any dips toward $0.00003680.
Targets:
• TP1: $0.00004000 — first breakout test.
• TP2: $0.00004400 — momentum extension.
• TP3: $0.00005000 — psychological round number squeeze.
Stop Loss:
Below $0.00003450 — if BONK fails to hold recent breakout area.
Key Levels:
• Support: $0.00003650, $0.00003450
• Resistance: $0.00003800, $0.00004000, $0.00004400
• Pivot: $0.00003750 — keep an eye on this for trend continuation.
Pro Tip:
BONK’s meme runs can be wild — stay nimble, partial profits at TP1 are smart. Tighten stop loss as soon as it clears $0.00004000 with volume.
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