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Danish Abbassciy
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Danish Abbassciy
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#BTCRebound Bitcoin has shown signs of a rebound after dipping to the $61,000–$62,000 support zone. This level coincides with the 200-day EMA and a key Fibonacci retracement from the Q1 rally, indicating strong technical support. The recent bounce has been accompanied by a slight uptick in trading volume and a neutral-to-bullish RSI near 52, suggesting momentum is recovering. MACD is showing a potential bullish crossover, reinforcing the rebound thesis. On the 4-hour chart, BTC has broken above a descending trendline, which may trigger short-term bullish continuation if it sustains above $64,500. However, the $66,800–$68,000 range remains strong resistance. A clean breakout above this range with volume could confirm trend reversal. Overall, BTC’s technical setup favors a cautious bullish outlook, but confirmation through increased volume and sustained higher lows is critical for a full recovery. Macro events like Fed signals or ETF flows may further influence direction.
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Technical Analysis (April 2025)
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first of you should have not taken 22x. 2nd liquidity is in range to go their.... it had better to set buy order above your liguidty with the same amount you had bought i.e. DCA
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#XRPETF As of today, Sunday, April 27, 2025, the US still awaits the approval of a spot XRP ETF. However, there are notable developments. ProShares is set to launch three XRP Futures ETFs on April 30th, offering indirect exposure to XRP price movements. Adding to the landscape, Teucrium already launched the 2x Long Daily XRP ETF (XXRP), providing leveraged exposure. Globally, Brazil has taken the lead with the launch of the world's first spot XRP ETF by Hashdex. In the US, firms like Grayscale and Franklin Templeton have reportedly filed for spot XRP ETFs. The SEC's stance, potentially influenced by the new Chair Paul Atkins, and the resolution of the SEC vs. Ripple lawsuit are crucial factors for potential approvals. While Grayscale offers the XRP Trust, it's not an ETF. Optimism for a US spot XRP ETF is growing, with analysts predicting significant institutional inflows upon approval.
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#XRPETF XRP news today (Sunday, April 27, 2025) indicates a mixed outlook. While the price saw a slight uptick recently, it's still down over the past month. The main development is the anticipation surrounding potential spot XRP ETFs in the US, especially with new SEC Chair Paul Atkins taking office, whose views on crypto could be influential. ProShares is launching XRP Futures ETFs on April 30th, and Brazil has already launched a spot XRP ETF. The long-running SEC lawsuit against Ripple concluded in March with the SEC dropping its appeal, which is seen as a positive catalyst for XRP. Analysts are optimistic about the future price potential of XRP, especially with the possibility of spot ETFs opening the door to institutional investment.
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