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$XRP has struggled to climb back above the 20-day EMA ($3.10) over the past few days, signaling a lack of buying pressure at higher levels. The price has now retreated to the 50-day SMA ($2.94), which could serve as a critical support zone. A rebound from this level would indicate resilience from the bulls and could set the stage for an attempt to break the downtrend line. If successful, the XRP/USDT pair may rally toward $3.40 and potentially extend gains to $3.66. $XRP price chart On the other hand, if XRP slips below the 50-day SMA, the pair could decline further to $2.73. A strong recovery from that level may trigger a consolidation phase, keeping the price range-bound between $2.73 and $3.66. Until a decisive breakout occurs, XRP remains at a pivotal juncture with both sides preparing for the next major move. #PowellWatch
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No deal to end the war between Russia and Ukraine. Bullish or Bearish?? #CryptoIntegration
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sell
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Ethereum’s price momentum is drawing attention from large institutional players, fueling speculation over the next rally. In recent weeks, major asset managers have stepped in aggressively. BlackRock reportedly acquired $500 million worth of $ETH , while Fidelity added more than $56.9 million. This wave of accumulation comes as the cryptocurrency trades near $4,653, marking a 19% gain over the past week despite a modest daily pullback. 🔸Institutional Momentum and ETF Impact Ethereum’s historical breakout phases have consistently paved the way for broader altcoin surges. The latest move higher is underpinned by ETF approvals, record CME Ethereum futures activity, and rising demand for decentralized finance infrastructure. CME data shows July’s ETH futures volume reached $118 billion, the highest on record. Open interest also spiked, suggesting institutions are not just chasing short-term gains but positioning for longer-term upside. Past cycles offer insights. In 2017, $ETH soared roughly 10,700%, followed by a 970% climb in 2021. A speculative 700% projection for 2025 would imply prices approaching $37,000. While such targets are ambitious, even moderate gains could see ETH surpass $8,000 to $10,000 this cycle, with $15,000 possible if momentum accelerates. 🔸Key Support and Potential Pullbacks Despite the bullish backdrop, technical analysis indicates that price corrections remain possible. Lark Davis highlights that Ethereum has finally broken above the $3,700–$4,000 range, which acted as resistance for nearly three years. In similar setups, markets often revisit prior resistance zones to confirm them as new support before advancing. If ETH retests this region and holds, it could become a high-probability accumulation area for long-term investors. A sustained move above $5,000 could mark the start of a parabolic rally, historically followed by broad altcoin market rallies. However, failure to hold above $4,000 could open the door to deeper pullbacks, especially if macro sentiment shifts. #MarketTurbulence
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In a move signaling cautious optimism in global trade relations, China and the United States have agreed to extend the suspension of 24% tariffs on each other’s goods for another 90 days, starting August 12, 2025. 🔍 Key Points: 🇺🇸 US Measures: Suspension applies to 24% tariffs on Chinese goods (including from Hong Kong & Macao), but a 10% tariff remains. 🇨🇳 China’s Response: Similar 24% tariff suspension on US goods, retaining 10% tariffs, while pledging to avoid new non-tariff countermeasures. 🕊 Diplomatic Context: Part of ongoing China–US Stockholm Economic and Trade Talks and aligned with the Geneva Joint Statement. 💡 Insight: This extension provides breathing room for businesses reliant on cross-border trade between the world’s two largest economies. While the retained 10% tariffs show unresolved tensions, the mutual pause on higher duties could stabilize supply chains, calm market volatility, and open the door for deeper negotiations in the coming months. #MarketTurbulence
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