$SHIB The price of SHIB has fallen by 3.58% over the last | Mr Trader 786 on Binance Square

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$SHIB The price of SHIB has fallen by 3.58% over the last 24 hours.
On the hourly chart, the rate of SHIB is looking bearish. If the daily bar closes around or below the support of $0.00001213, the decline is likely to continue to the $0.000012 mark shortly.

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#Xrp🔥🔥 The US Senate has confirmed Paul Atkins as the new chair of the Securities and Exchange Commission. Senators approved the appointment on Wednesday with a 52-44 vote. Atkins is expected to shift the agency’s approach to financial oversight. He plans to ease regulatory requirements, scale back corporate disclosure rules, and continue the commission’s new pro-crypto stance.

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$PEPE PEPE’s price structure is showing signs of short-term bullish revival , especially on the hourly chart. However, the daily chart suggests caution — larger trendlines are still unbroken, and volume hasn't fully returned. If momentum persists and is backed by strong inflows, PEPE could challenge its next local resistance at $0.00000090 in the coming days. But until we see confirmation via breakout volume and institutional accumulation (reflected in the ADL), the rally remains speculative. For now, PEPE is poised — but not yet committed — to a massive rally.

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$ATOM With the recent price surge, Cosmos price is approaching a key resistance level at $5, and a breakout above it could pave the way for further gains toward $5.5 and even $6. The current alignment of the EMA lines shows growing bullish momentum, and a golden cross—where a short-term EMA crosses above a longer-term EMA—appears to be forming. If confirmed, this signal could attract more buyers and reinforce the potential for a continued upward move, especially if volume supports the breakout. ATOM Price Analysis. Source: TradingView. However, if ATOM fails to maintain its momentum and the price gets rejected at resistance, the trend could reverse toward key support levels. The first area to watch is around $4.83, and a breakdown below that could lead to further losses. $4.47 and $4.17 are potential downside targets.

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$XRP XRP faces significant downward pressure, dropping nearly 6% within 24 hours as a $1.02 billion token unlock raises concerns about supply constraints. As on-chain activity declines sharply, with an 87% drop in active addresses since March, user engagement appears to be fading. According to data from COINOTAG, bearish technical indicators suggest XRP could struggle to maintain its footing above critical support levels. XRP’s recent token unlock raises supply concerns amid declining network activity, suggesting potential challenges for the cryptocurrency’s stability. Ripple Wallet Activity Sparks Fears of Oversupply Recent on-chain data reveals that Ripple has unlocked 500 million XRP, valued at approximately $1.02 billion, from its escrow account. This substantial movement of tokens has ignited concerns regarding possible oversupply in the market. The tokens were transitioned from the “Ripple (27)” escrow address to two operational wallets, namely “Ripple (12)” and “Ripple (13).” This indicates a potential preparation for distribution or even sale, raising alarms about increased market liquidity. Analysts point out that if Ripple opts to sell a portion of these tokens, it could lead to short-term selling pressure, further impacting XRP’s market price.

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#xrp Tuesday, Grayscale filed an application with the SEC to transform its Digital Large Cap Fund, which has been investing in tokens like XRP, Bitcoin (BTC), and Ethereum (ETH), into a publicly accessible investment vehicle for all retail investors. This fund was launched 7 years ago but only accredited investors – e.g. wealthy individuals and institutions – were able to access it. Today we filed a registration statement on Form S-3 to register shares of Grayscale Digital Large Cap Fund (ticker: $GDLC ) under the Securities Act of 1933. This is another important step toward uplisting GDLC as an ETP. GDLC holds the top 5 crypto assets by market cap, #bitcoin … pic.twitter.com/55Zj9moRb6 — Grayscale (@Grayscale) April 1, 2025 As of April 2, 2025, the fund held $600 million in assets while charging a 2.5% management fee. XRP currently represents 5.8% of the fund’s portfolio, alongside other altcoins such as Solana (SOL) and Cardano (ADA). Should the SEC approve the S-3 filing , this vehicle would transform into an exchange-traded fund (ETF), meaning that its shares will be listed in a public exchange so anyone can buy them. The launch of an ETF like this would generate additional demand for XRP. Although, in this case, it would be less than a pure XRP vehicle, it will still contribute to increasing institutional and retail buying for the token in the near term. While this potential ETF development could benefit XRP long-term, the token has faced recent market challenges. $XRP

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