Cryto_FOMO

$XRP
A significant regulatory milestone may be on the horizon for XRP and the wider crypto market in the US as reports suggest that the legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) is nearing its conclusion.
According to “well-placed sources” cited by FOX journalist Eleanor Terret, the case is currently in “the process of wrapping up,” with an outcome anticipated shortly.
Ripple Seeks Favorable Terms In SEC Lawsuit Settlement
The SEC initiated its lawsuit against Ripple in late 2020, accusing the company of selling its cryptocurrency, XRP, as an “unregistered security.” This legal action had significant implications for XRP, contributing to a prolonged downtrend in its price, which fluctuated between $0.30 and $0.50 for several years. 
Ripple, however, has consistently maintained that XRP should be classified as a digital currency rather than a security, positioning itself against the SEC’s assertions.
Sources indicate that the delay in reaching a resolution has stemmed from Ripple’s legal team negotiating more favorable terms in light of a prior August district court ruling. 
This ruling imposed a $125 million fine on Ripple and included a permanent injunction preventing the company from selling XRP to institutional investors.
Shifting Regulatory Winds In The US
Ripple’s legal strategy, according to Terret, appears to hinge on the argument that if the SEC’s new leadership is opting to clear the enforcement slate for previously targeted crypto firms, then it would be unjust for Ripple to continue facing penalties.
The complexity of the case is heightened by the SEC’s own uncertainties regarding potential wrongdoing. Accepting the Torres ruling as it currently stands would imply that Ripple admits to misconduct, a position that seems inconsistent with the SEC’s stance on regulatory clarity and enforcement in the crypto sector.
This coincides with a broader shift in regulatory focus under the new administration of President Donald Trump, who has signaled a more lenient approach toward cryptocurrency firms. 
The SEC has begun winding down legal actions against various players in the crypto market, such as Coinbase, Kraken, and Uniswap Labs, indicating a potential pivot towards fostering innovation rather than stifling it through aggressive enforcement.

At the time of writing, XRP is trading at $2.20, showing signs of recovery with a 1.2% increase in the 24-hour time frame.
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#xrp

$XRP
XRP has remained a notable contender in the crypto market, being one of the few digital assets to have reached a new all-time high in the ongoing bull market cycle. Although the altcoin has dropped by more than 30% from its current high, analysts believe another massive surge might be imminent as its network activity heats up.
Growing Network Activity Puts XRP In The Spotlight
With bullish sentiment building in the broader market, investors’ attention toward XRP seems to have risen strongly. The persistent improvement in investors’ interest and attention in the asset is observed by a rise in active addresses in its network.
Despite ongoing volatility, Glassnode, a top financial and on-chain analytics platform, shared a report showing that XRP has become a new retail favorite this cycle in contrast to the more institutionally driven rally of Bitcoin. This is due to the sharp increase in the number of active addresses.
Historically, price rallies have been accompanied by spikes in active addresses, which has usually fueled optimism among investors and traders. Therefore, a sustained growth in the network’s active addresses might act as a launchpad for a notable upside move in the coming weeks.
Data from the on-chain platform shows that XRP active addresses surged by over 490% since the 2022 market cycle low, indicating speculative retail demand. During the same period, Bitcoin, the largest digital asset, has experienced a mere 10% increase in active addresses. 

This notable disparity reflects the higher demand for the XRP network than the Bitcoin network. It also implies that investors are more confident in the altcoin’s prospects than in BTC’s in the remaining period of the current market cycle.
XRP active addresses may have significantly surpassed Bitcoin, but the altcoin and BTC appear to have had similar price gains over time. Nonetheless, the rally trajectories are not the same, even though their price increases are comparable since the 2022 cycle low.
Since the cycle low, Bitcoin‘s growth has been consistent and likely driven by catalysts. Meanwhile, XRP was trading flat until a bullish breakout in December last year, driven by short-term retail speculations.
Is A 4,400% Surge Possible For The Altcoin?
Given the constant growth of XRP’s active addresses, its price is likely to be bolstered by this notable accumulation and investor interest. While several predictions have captured investors’ attention, a recent analysis from Javon Marks has stood out among these projections.
The crypto expert and trader made an audacious forecast about the altcoin witnessing a nearly 4,400% growth to $99 in this cycle. His prediction is based on past cycle trends, especially in 2017, where it saw a substantial rally to new highs.
Looking at the chart, XRP has broken out of a similar massive Pennant pattern, causing a surge to its first target at $3.317 before using it as a light resistance. Considering past trends, the next leg-up would push the altcoin past the first target at $3.317 and move towards the second target, which is now at $99.

#xrp #Write2Earn #Xrp🔥🔥

Leading cryptocurrencies held steady Thursday, even as President Donald Trump's tariff moves battered stock markets.
CryptocurrencyGains +/-Price (Recorded at 8:30 p.m. ET)
Bitcoin BTC/USD +0.02% $83,269.84
Ethereum ETH/USD -0.46% $1,816.44
Dogecoin DOGE/USD -1.73% $0.1629
What Happened: Bitcoin dipped below $82,000 in the early trading hours but recovered to $83,000 by evening. Ethereum followed a similar U-shaped trajectory, falling to a low of $1,750 before regaining $1,800 later in the day.
Bitcoin continued to witness capital rotation away from altcoins, with its market dominance rising to 62%. In fact, CoinMarketCap's Altsoin Season Index flashed a "Bitsoin Season" as of this writing.
Nearly $247 million was liquidated from the market in the last 24 hours, with more than $170 million in upside bets wiped out.
Bitcoin's Open Interest mirrored spot price moves, marginally gaining 0.63% in the last 24 hours.
The Long/Short Ratio fell sharply, suggesting an increase in traders betting against Bitcoin's price increase.
The market sentiment improved from "Extreme Fear" to "Fear," according to the Crypto Fear and Greed Index.
Top Gainers (24-Hours)
CryptocurrencyGains +/-Price (Recorded at 8:30 p.m. ET)
Cosmos (ATOM) +8.01% $4.64
Curve DAO Token (CRV) +5.18% $0.5256
Pendle (PENDLE) +3.86% $3.17
The global cryptocurrency market capitalization stood at $2.67 trillion, following a decrease of 0.12% in the last 24 hours.
Stocks suffered their worst rout in more than five years. The Dow Jones Industrial Average crashed 1,679.39 points, or 3.98%, to close at 40,545.93. The S&P 500 tumbled 4.84%, ending at 5,396.52. The two blue-chip averages recorded their worst single-day declines since June 2020. The tech-heavy Nasdaq Composite plummeted 5.97% to end at 16,550.61.
Thursday's sell-off came in reaction to Trump's worse-than-expected reciprocal tariff rollout, heightening fears of a full-blown trade war and economic slowdown. Spot gold eased after hitting an all-time high of $3,167.57 earlier in the day.
Analyst Notes: Popular blockchain analytics firm Santiment said Bitcoin was "relatively insulated" from tariff-fueled volatility due to its "intangible and borderless nature."
"Unlike traditional stocks, cryptocurrencies aren’t typically impacted by trade disruptions or international supply chain concerns triggered by political decisions," Santiment stated, while acknowledging some volatility owing to linkages to global economic health.
Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, predicted that the tariffs would be good for Bitcoin.
"Global imbalances will be corrected, and the pain papered over with printed money, which is good for BTC," Hayes said, expecting higher fiat liquidity growth in the future.
$DOGE
#DOGE #Write2Earn #xrp

April could be a pivotal month for the XRP price, as a crypto analyst predicts significant price swings before a potential breakout. According to the analyst, the altcoin is expected to test lower and higher ranges before experiencing a final blastoff to new highs.
Roadmap To XRP Price Final Blast-Off
Crypto analyst Egrag Crypto has released a new post on X (formerly Twitter), predicting XRP’s price movements in April. The analyst has stated that the asset will likely retest lower support levels to form a downward wick before bouncing back. 
The red arrows and boxes in the chart showcase the downside testing zones, suggesting that wicks formed here could push XRP to a new low range between $1.90 and $1.79. Notably, this price low, indicated by the green zones on the chart, represents a potential support zone for the altcoin. Egrag Crypto has also disclosed that the projected decline is expected to be a “wicking process”, meaning a temporary dip before a quick price recovery. 
Following the downward wick, XRP is anticipated to retest upper ranges between $2.80 and $3.00, as indicated by the blue box in the chart. This level serves as a key resistance zone, where buying pressure could determine whether the altcoin achieves higher price levels or continues consolidating. 

Egrag Crypto has also stated that this upward retest will be another wicking process for XRP. As a result the analyst has predicted that the cryptocurrency could see a 62-70% surge from the lowest point of the downside wick. This means that if the asset declines to $1.79 and rebounds after, a move toward a target above $2.92 could be in play.
However, Egrag Crypto also warns that the market is still in a “boredom phase”, where price action may appear slow due to sharp declines caused by market volatility. Nevertheless, the crypto analyst remains optimistic in the long run, projecting a “surprise” breakout once this boredom phase concludes. He concluded his analysis by suggesting that after a final revisit to the $2 region, XRP could enter a blast-off phase, potentially targeting even higher levels above $3.2 in the coming months. 
Analyst Projects New ATH Target For The Altcoin
In other news, a crypto market expert known as ‘Steph Is Crypto’ on X has set a new bullish all-time high target for XRP. The analyst revealed that the altcoin is bouncing from current levels, suggesting that momentum is building for a potential price breakout. 
If this trend continues, XRP could push toward higher resistance levels, possibly surpassing its present all- time high of $3.84 to reach a new target of $4.5. This massive price surge would represent a 125% increase from its current market value of $2.04.

$XRP
#xrp #Write2Earn #predictons

Deutsche Bank warned the new tariffs could reduce US GDP by up to 1.5% this year.
The cryptocurrency market took a sharp hit Friday as President Donald Trump’s newly announced tariffs sent shockwaves across global financial markets.
Bitcoin dropped as much as 6%, briefly touching $82,000, while the broader crypto market shed around 3% amid rising fears of a global economic slowdown.
The downturn came after Trump declared April 2 “Liberation Day” and announced a sweeping 10% baseline tariff on all US imports. Higher duties were also imposed on several major trading partners.
S&P 500 Sees Worst Drop Since 2022 as Trump’s Tariffs Rattle Global Markets
Trump framed the move as an effort to end “unfair trade practices.” His announcement triggered immediate volatility in both traditional and digital asset markets.
Global equities fell across the board. US stocks mirrored losses seen in Asia and Europe. The S&P 500 slipped back into correction territory, shedding nearly $2t in value. It was the index’s worst single-day drop since Sept. 2022.
Deutsche Bank has warned that the tariffs could shave 1% to 1.5% off US GDP this year.
Crypto markets weren’t spared. Ethereum (ETH), $XRP and Solana ($SOL ) also posted losses, and the ETH/BTC ratio slipped to its lowest point since June 2020 before slightly recovering.
“We will likely continue to see the fallout of this strategy throughout Q2 and possibly throughout the summer, before Trump begins to ease off the pressure,” Ultra’s CEO Gus van Rijckevorsel said.
While he expects Trump to eventually return to the negotiating table, Rijckevorsel noted that “he’ll end up being the firefighter, putting out the fires of his own making.”
Trump Tariffs, Inflation and Budget Woes Stir Market Jitters Across Assets
Traders are now trying to understand how the tariffs will affect trade, interest rates and investor willingness to take risks.
Maksym Sakharov, co-founder at WeFi, said the business impact may be limited for now. However, he warned that inflation could make it harder for the Federal Reserve to cut interest rates.
Meanwhile, Washington’s upcoming budget debate is adding to market unease. The Treasury is currently using “extraordinary measures” to meet its obligations. Analysts warn that the US could face a funding crunch if a debt ceiling deal isn’t reached soon.
While Bitcoin has occasionally moved independently of traditional markets, recent performance suggests it is still sensitive to broader risk-off sentiment.
“Given the negative outlook in stock markets, we anticipate that selling pressure may also extend to cryptocurrencies,” said Ruslan Lienkha, chief of markets at YouHodler. “Though we do not expect a dramatic selloff in the short term.”
#TrumpTariffs #CryptoTariffDrop

$POL
$GALA
Maker (MKR), GALA, and Polygon (POL) are among the crypto projects that have seen a spike in whale transactions of at least $100,000 in the past week, as revealed by Santiment on-chain data. 
Considering the lingering macro uncertainty due to United States (US) President Donald Trump’s ‘Liberation Day’ tariffs expected on Wednesday, this surge could underscore the direction of major crypto capital.
Santiment highlights DeXe Protocol (DEXE), NEXO, OKX (OKB), Ethena Lab’s USDe, Paypal (PYUSD), Kucoin (KCS) and Fasttoken (FTN) as other leading projects with over $100,000 in whale transactions.

Maker leans bullish as Bitcoin and altcoins consolidate
Maker shows bullish signs on Wednesday, increasing 4% in the last 24 hours to $1,364. However, Bitcoin and most altcoins, including Polygon and Gala, remain relatively stable after Monday’s short-lived momentum.
The leading cryptocurrency looked encouraging at the week’s open. Still, cautious traders added to sell-side pressure, reducing exposure to risk assets in favour of perceived stability in Gold, which hit a new all-time high at $3,149 per ounce on Tuesday.
With the tariff ping-pong inbound, choppy price action is anticipated in April. Trump’s ‘Liberation Day’ may leave global markets in disarray, especially if governments decide to retaliate. 
“This is poised to generate a vividly fluctuating market sentiment, in which we expect Bitcoin to extend its consolidation and hover in the $88k to $75k range,” K33 Research said in a market update.
On the other hand, Maker could trade between the support band around $1,250 (green in the chart below) and the resistance band around $1,450 (red) until the tariff uncertainty clears to pave the way for the next major move.
The 50 Exponential Moving Average (EMA), the 100 EMA and the 200 EMA in the 8-hour chart, currently between $1,296 and $1,315, may offer relief to buyers, potentially limiting sell-side pressure.

Polygon is down 5% in the last 24 hours and trades at $0.1952 at the time of writing on Wednesday. POL sustained a 20% drawdown in the past week and a 32% decline in the last 30 days. 
The blockchain gaming protocol GALA continues to mirror the sell-off since Trump’s trade war began on February 1. A 3.6% decline in the last 24 hours extended the weekly loss to 18%, while the monthly pullback reached 26%.

According to FXStreet crypto analyst Manish Chhetri, Bitcoin has stabilised above $82,500 since Monday but faces daily resistance at $85,000. Key indicators like the Relative Strength Index (RSI) favour downward momentum, dropping slightly under the midline at 50. 

If Bitcoin fails to find a breakthrough past $85,000, declines could extend below $80,000, bringing the perceived local bottom at $75,000 within reach.
#Polygon
#gala

$XRP
$ADA
Crypto asset manager Grayscale Investments filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC) on March 31 to register and list shares of its Grayscale Digital Large Cap Fund on the NYSE Arca under the symbol GDLC. The move would convert the fund into an exchange-traded fund (ETF) and expand public trading access to a diversified digital asset fund composed of major cryptocurrencies.
Grayscale shared on social media platform X:
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.
However, the launch remains dependent on SEC approval of a separate 19b-4 application submitted by NYSE Arca in October 2024. “The Fund will not seek effectiveness of this registration statement and no offering of shares hereunder will take place unless and until such approval is obtained,” Grayscale affirmed.
The fund’s holdings are determined by the Coindesk Large Cap Select Index (DLCS), which selects the top digital assets by market capitalization that meet specific criteria, such as availability on Coinbase Custody and exclusion of stablecoins and meme coins. As of March 31, the fund holds five assets: bitcoin ( BTC), ethereum ( ETH), XRP, solana ( SOL), and cardano ( ADA). As of writing, the portfolio composition by weight includes: bitcoin at 79.40%, ethereum at 10.69%, XRP at 5.85%, solana at 2.92%, and cardano at 1.14%.
“The fund’s investment objective is for the value of the shares (based on NAV per share) to reflect the value of the digital assets held by the fund … plus any cash held by the fund and reduced by the fund’s expenses and other liabilities,” Grayscale explained. Currently, only cash-based creation and redemption of shares are available, and no staking of the fund’s assets is permitted.
Grayscale also addressed the significant historical trading discounts on OTCQX, where the fund’s shares have frequently traded below net asset value (NAV). From July 1, 2022, to Dec. 31, 2024, the maximum observed discount was 63%, with an average of 40%. That discount narrowed to 12% by year-end 2024 and stood at 10% as of March 18. The firm believes that exchange listing and a redemption program could align share price with NAV. The filing detailed:
Upon listing on NYSE Arca, the manager expects the market price of the shares and the NAV per share to converge.
The fund uses Coinbase Custody Trust Company as custodian, The Bank of New York Mellon as administrator and transfer agent, and operates under Cayman Islands regulations.
#Write2Earn
#SEC

$BNB
MEET48, Mars Protocol, and BNB Chain have officially scheduled “The Mars Audition for Best 3 AI-MEME” – a 72-hour live PK event from April 1 at 15:00 to April 4 at 15:00 (UTC+8). The event will feature eight dedicated livestream rooms for the AI agents (FiveSs, A48Z, WAT2, MAB3, OnlyOne, BZ, Drip, and Hellokiki). Through continuous 72-hour livestreaming across three official channels – YouTube @MEET48Global, X @meet_48, and Binance Live @MEET48 – the AI agents will perform dance routines while allowing real-time interaction and chatting with users. Token rankings will refresh every 5 minutes based on a weighted calculation of price fluctuations, market capitalization, and trading volume during the event – Score = (Market Cap Ranking × 30%) + (Price Increase Ranking × 20%) + (Trading Volume Ranking × 50%). Daily from 19:00-22:00 will be the “Winner Takes All” period, where the Top 1-3 AI Agent livestream rooms will be featured on Mars Protocol’s homepage for enhanced exposure. Throughout the event, mystery guests with millions of followers will make surprise appearances in the livestream rooms.
Following the final determination of the “Strongest MEME Influencer” title in “The Mars Audition for Best 3 AI-MEME with BNB Chain”, substantial rewards will be awarded: The Top 1-3 AI Agents will be admitted into MEET48’s incubation program, receiving MEET48 IDOL token airdrops of 1,000,000, 500,000, and 200,000 respectively. Additionally, the Top 1 AI Agent will secure a collaboration opportunity with popular idols to jointly produce exclusive promotional content, empowering the AI Agent to become a genuine superstar in the real world while gaining global exposure resources and advancing onto the international stage. This comprehensive initiative will ensure the tokens’ market vitality and long-term growth potential.

Notably, MEET48 is introducing the virtual girl group concept for the first time in this competition. The inaugural FiveSs group consists of five AI agents – Suki, Kimmy, Athena, Rachel, and Rinako – whose corresponding real idol group fans will deeply participate in voice training, choreography, and other development aspects of the virtual members through “Cyber Reshaping.” This innovative virtual-physical interaction model continues MEET48’s legacy as a pioneer in idol talent shows – from establishing formats for top variety shows like “Produce 101” and “Youth With You” to now upgrading the 48 Group idol culture into an AI agent arena for the blockchain era, MEET48 consistently remains at the forefront of entertainment industry transformation.
Starting in April, Mars Protocol and MEET48 Dapp will gradually launch live streams for 40 virtual idol groups (2-5 members each) featuring AI Agents, along with 250 solo AI Agents for regular operations. This not only marks Web3’s first matrix-style virtual idol operation but also surpasses the scale of digital human deployments in traditional entertainment.
Following the intense 72-hour PK event, the eight participating AI agents will also appear at two events co-hosted by MEET48 and Mars Protocol during Hong Kong Web3 Festival and ETH Seoul in Korea:
On April 9 from 14:00-17:00, MEET48 will sponsor the Hong Kong Web3 Festival, hosting the “AI <3 AGENT & IP & MEME” sub-venue at Hall 5BCDE, 5/F, Hong Kong Convention and Exhibition Centre. MEET48 will collaborate with Hashkey Group, Web3 Festival, Hash Global, and Hape to invite the eight prototype idols (Lin Shuqing, Zheng Danni, Jiang Shuting, Wang Ruiqi, Zhang Qiongyu, Hu Xiaohui, Zeng Aijia, and Liu Zengyan) from the two AI-Agent Meme coins FiveSs and MAB3 that participated in Mars Protocol’s 72-hour PK event to deliver spectacular performances.

On April 14 from 18:00-23:00, MEET48 will host “KOL Night in April 2025” at LUMIAR CHUNGDAM in Seoul, Korea. Together with UXLINK and 071Labs, MEET48 will invite the same eight prototype idols from FiveSs and MAB3 along with Korean female artists to perform.
Now that Mars Protocol has officially launched, astute players are already constructing their “wealth avatars” on MEET48.ai. In the Web3 world, only those daring to rewrite the rules can lead this transformation. Seize the opportunity and take your first step – join this wealth storm to co-create success with MEET48 and Mars Protocol, initiating a digital era legend that belongs to everyone.
#bnb
#Write2Earn
#Meet48

$SHIB
Regulators should work with DeFi firms to craft sensible policies instead of "unnecessarily stringent rules," Shibtoshi told Cointelegraph.
Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability.
The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information, including trading strategies, payroll information, and business-to-business agreements. Shibtoshi said:
"The main concerns — regulatory uncertainty, privacy limitations, and complex user experience — are real, but solvable. Innovations in privacy-preserving protocols are making DeFi increasingly compatible with enterprise needs. Platforms like SilentSwap are a step in that direction."
Regulatory uncertainty continues to be one of the biggest problems for DeFi and is compounded by a fragmented approach across legal jurisdictions, which prevents institutional adoption, Shibtoshi added.
"Are DeFi tokens securities? What happens if a decentralized autonomous organization (DAO) messes up — and who is responsible when it does? It is all still pretty unclear," the SilentSwap founder told Cointelegraph.
Shibtoshi urged common sense regulations that encourage innovation and preserve the value propositions of decentralized finance, including self-custody, speed, and cost-effective transactions.

US Congress overturns archaic DeFi rule, but DeFi still in danger
Both chambers of the United States Congress recently voted to overturn the highly unpopular DeFi broker rule requiring decentralized finance protocols and platforms to report customer transactions to the Internal Revenue Service (IRS).
The US Senate repealed the IRS broker rule in a 70 to 27 vote on March 4, followed by members of the US House of Representatives voting to repeal the IRS rule on March 11.
Despite the repeal of the archaic rule, overregulation may end up killing a sector that was born as a decentralized, more accessible, and pseudonymous alternative to traditional finance.
According to crypto entrepreneur and investor Artem Tolkachev, regulatory compliance is undermining decentralization in DeFi and destroying the value proposition of the nascent sector.
The emphasis on regulatory compliance measures increases the potential for censorship and shifts control from the users to third-party intermediaries and large institutions, Tolkachev wrote.
#defi
#SHIB
#Write2Earn

$XRP
On the one-hour chart, XRP has shown minor recovery signs after rebounding from its $2.06 support level. The pattern of small green candles and uptick in volume suggests some intraday buying pressure. However, resistance near the $2.15 to $2.2 zone has capped further gains, making it a critical level for bulls to break. Traders may consider entries on pullbacks closer to support, aiming for profits within this narrow range. A stop-loss below $2.05 is advisable to mitigate downside risk on failed bullish attempts.

The four-hour chart illustrates a clear downtrend, characterized by a series of red candles and occasional bullish pullbacks. Volume analysis reveals strong sell-offs, though the latest sessions reflect moderate recovery. Support remains strong at $2.06, and resistance in the $2.3 to $2.4 zone is proving formidable. Any rejection near $2.2 to $2.3 could be a potential entry for short positions. Conversely, a confirmed bullish engulfing candle above $2.1 with momentum may favor a cautious long approach. Stop-loss placements should align with $2.5 or $2.05 thresholds based on position direction.

The daily chart reinforces a bearish market structure, with XRP forming lower highs and lower lows. The $1.9 level acts as a significant support zone, while resistance near $2.5 continues to challenge upward movements. Daily volume patterns favor sellers, especially on bearish candles, suggesting weak follow-through on rallies. While short entries near resistance levels may remain favorable, long positions should only be considered if a convincing bounce from $2.1 or $1.9 occurs alongside increased buying volume. Overall, the daily chart paints a cautious outlook for bullish traders.

Oscillator readings indicate an overall neutral-to-bearish sentiment. The relative strength index (RSI) sits at 40.14, suggesting neutral momentum without clear overbought or oversold conditions. The stochastic oscillator at 19.25 also signals neutrality, as does the commodity channel index (CCI) at -129.79. The average directional index (ADX) reads 12.71, pointing to a weak trend environment. On the bearish side, the awesome oscillator at -0.022, momentum at -0.406, and moving average convergence divergence (MACD) level at -0.036 all support a sell stance, signaling weak momentum and potential downward continuation in the short term.
XRP’s moving averages (MAs) confirm the bearish technical framework. The exponential moving averages (EMA) for 10, 20, 30, 50, and 100 periods all suggest sell conditions, with respective values consistently above current price levels. The simple moving averages (SMA) mirror this bearish pattern, with similar readings indicating sustained downside pressure. Notably, only the 200-period EMA at 1.938 and SMA at 1.779 flash a buy signal, reflecting long-term support. Until XRP can reclaim key EMA and SMA levels, particularly the 10 and 20-period thresholds, upside traction may remain limited.
Bull Verdict:
For bullish traders, XRP may present a short-term opportunity if it can hold support at $2.06 and reclaim ground above $2.15 with increasing volume. A confirmed breakout above $2.3 could mark the beginning of a stronger upward move. Until then, scalping near support levels with tight risk controls offers the most favorable scenario for bulls in the current environment.
Bear Verdict:
From a bearish perspective, XRP continues to exhibit weakness across all major timeframes, reinforced by sell signals from most oscillators and moving averages. Failed attempts to breach $2.15 or $2.3 resistance levels may serve as entry points for short positions, with downside potential toward the $2.00 or $1.90 zones. Bears retain control unless there is a decisive shift in trend strength or volume-backed momentum.
#xrp
#Write2Earn