Breaking: SEC Approves April 30 Launch for XRP ETFs
The U.S. Securities and Exchange Commission (SEC) has officially approved ProShares Trust’s XRP ETF offerings, setting April 30, 2025, as the effective launch date. A newly filed Form N-1A reveals that multiple XRP-focused ETFs will be included in the rollout.
The registration update clarifies that the amendment sets a new effective date for a previously submitted filing concerning the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. According to the SEC filing, the amendment was made specifically to establish the April 30 launch date.
ProShares Trust’s principal executive offices are based in Bethesda, Maryland, with ProShare Advisors LLC acting as the investment advisor. Richard Morris of ProShare Advisors is named as the agent for service, with legal support provided by Dechert LLP in New York. #XRPETF
Support Zone: $1,750 (aligned with the weekly Bollinger Band midline and whale cost concentration). A break below this level could trigger a wave of stop-loss orders.
Resistance Zone: $1,900–$1,950 (previous high resistance and the options market’s maximum pain point). A breakout could drive a move toward $2,000.
Strategic Recommendations
1. Long Setup: Look for a pullback and stabilization between $1,750–$1,780 (supported by RSI signals).
2. Short Opportunity: Watch for a rebound to $1,900–$1,950 facing resistance (evidenced by declining volume or a double top pattern); target $1,800 with a stop-loss at $1,980.
3. Event-Driven Play: If the Federal Reserve adopts a hawkish tone or U.S. equities sharply decline, consider shorting ETH/BTC pairs as a hedge.
Risk Alerts
Liquidation Risk: A surge in ETH borrowing on Aave is inflating leverage. Short liquidation prices are clustering around $1,950–$2,000 — caution advised for potential short squeezes.
Macro Volatility: Monitor today's performance in U.S. tech stocks and any Federal Reserve policy updates — market swings over 10% are possible.
President Donald Trump addressed the question of whether the 90-day tariff pause would be extended. Speaking to reporters aboard Air Force One, Trump stated he would not alter his position on China unless Beijing offered "something substantial" in return. Whether the two economic giants can ultimately reach a compromise remains uncertain.
Ethereum Gears Up for the Pectra Upgrade: A Major Leap Forward
Ethereum is on track for a significant protocol upgrade—Pectra—anticipated to launch in late 2024 or early 2025. This update is designed to drastically enhance scalability, security, and user experience, positioning Ethereum as an even stronger foundation for decentralized applications and blockchain users.
Key Highlights of the Pectra Upgrade:
1. Account Abstraction (EIP-3074 & EIP-7702): This feature enables smart contracts to i
On the 4-hour chart, $CETUS is trading at 0.1740 USDT, marking a significant +25.72% increase! The 24-hour range spans from a low of 0.1353 USDT to a high of 0.1769 USDT, with a remarkable trading volume of 129.41M CETUS and 20.29M USDT. Momentum is strong, and the price is quickly nearing its 24h peak.
The potential reversal zone on the weekly chart lies between $2.20 and $2.24. A confirmed breakout above this zone, followed by a successful retest, would signal a bullish entry.
At this point, the price has not convincingly broken through the reversal zone, so weekly timeframe traders remain on the sidelines, awaiting further confirmation. As a result, the trade setup on the weekly chart is currently inactive.
If activated, the strategy would be as follows:
Entry Level: $2.25
Targets:
$2.60
$3.00
$3.40
We are closely monitoring this setup on the weekly timeframe, but it has not yet triggered an entry.
$BTC Signal Alert If Bitcoin ($BTC ) manages to trigger the highlighted liquidation cluster, it’s likely that a wave of sell orders will hit the market.
However, since BTC is currently in high demand—and centralized exchanges (CEXs) are facing low supply—those orders could be absorbed quickly.
As a result, instead of a price drop, we might see a sharp move upward toward the resistance zone for a retest.
That said, if buyers aren’t willing to pay the premium near such a major resistance level, the price could stall or pull back instead.
$TRUMP Memecoin Overview Launched on January 17, 2025, on the Solana blockchain, $TRUMP is a memecoin linked to Donald Trump. Out of the total 1 billion tokens, 800 million are held by the Trump Organization, while the remaining 200 million were distributed via an ICO.
The token peaked at $74.27 but has since dropped to $13.16 as of April 2025—a 62% decline year-to-date.
However, $TRUMP recently saw a 60% rally following the announcement of an exclusive dinner with Trump on May 22 for the top 220 holders, to be held at Trump National Golf Club.
Despite the hype, critics argue the project is highly speculative and raise concerns over potential manipulation and conflicts of interest, given its ties to a former president.
Donald Trump’s cryptocurrency has seen a significant price surge following his announcement of two exclusive events for top investors. According to the coin’s official website, the 220 largest holders will receive invitations to a private gala dinner with the former president on May 22—billed as “the most EXCLUSIVE INVITATION in the world.”
Coinbase reports that the Trump meme coin spiked more than 70% after the news, although it still trades well below its January peak of over $74. The token is part of a broader trend of Trump-linked crypto ventures, with Trump previously calling himself the “crypto president.”
Alongside the gala at Trump National Golf Club in Washington, DC, the top 25 coin holders will also attend an ultra-exclusive VIP reception with Trump himself.
Currently, the total market value of the Trump tokens in circulation sits at approximately $2.5 billion. The coin launched just days before Trump’s inauguration on January 20. However, not everyone in the crypto space is impressed—some have dismissed the initiative as a publicity stunt.
Adding to the crypto push, Melania Trump also launched her own digital token ahead of the inauguration.
Meme coins like this one are often used by speculators or as a way for fans to express support for celebrities or cultural moments.
Since returning to office, Trump has signed an executive order forming a presidential working group to explore new crypto regulations. He's also directed the creation of a Strategic Bitcoin Reserve and a Digital Asset Stockpile, filled with digital assets seized by the government.
In parallel, Trump Media & Technology Group—the parent company of Truth Social—announced plans to launch exchange-traded funds (ETFs) focused on digital assets and U.S.-based stocks, under a "Made in America" theme. ETFs are investment vehicles that bundle assets and are traded like individual stocks. #DinnerWithTrump
$BNB is sliding, down 2.88% and now trading at $595.91. Selling pressure is heavy, with bears holding 88% control. The $592 support level is showing signs of weakness—definitely one to watch closely.
Ethereum Price Steadies After Surge – Consolidation or Reversal Ahead?
Ethereum (ETH) surged past the $1,750 resistance, maintaining gains above the $1,720 level and the 100-hour Simple Moving Average (SMA). The price action shows strength, and ETH may soon attempt another move toward the $1,840 resistance.
Key Highlights:
ETH climbed above $1,700, $1,720, and briefly broke past $1,800, reaching a high near $1,834.
After hitting resistance, the price began consolidating, retracing toward the 23.6% Fibonacci level from the $1,565 swing low to the $1,834 high.
ETH remains above the 100-hour SMA, with a key bullish trend line forming support near $1,780 on the hourly ETH/USD chart.
Upside Potential:
Immediate resistance lies at $1,820, followed by $1,840.
A clear move above $1,880 could trigger a breakout toward $1,920, with potential for a rally toward $1,950 or even $2,000 in the short term.
Downside Risks:
Failure to break $1,820 could lead to another pullback.
Initial support is at $1,780, followed by a stronger level at $1,740.
A drop below $1,740 might expose ETH to further losses toward $1,700 or even $1,665. Deeper support lies near $1,620.
Technical Indicators:
MACD: Losing bullish momentum on the hourly chart.
Totally fair taking time to study the chart before making a move is smart. Holding sounds like a solid call if you're still watching the setup. Keep me posted if anything changes!
Marcelo Bruehmueller
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I liked your analysis, my friend, but for now, it's just a hold; I decided that this morning after looking at the chart for 3 days.
#Vaulta Square Reward Center is Live! The official launch of the #Vaulta Square Reward Center is here—don’t miss out on your chance to earn extra perks!
Complete a few easy tasks and grab your rewards:
1. Follow the Vaulta (EOS) project.
2. Share their posts.
3. Complete one of the following trading tasks:
Spot trade EOS worth $100
Deposit EOS into an investment with a value of $100
Or transact at least $100 in EOS via Swap, Web3 wallet, or payment services
✅ Entry Zone: Consider buying between $14.80 – $15.00, aligning with support from EMA(9), EMA(21), and EMA(50). ⛔ Stop Loss: Place at $14.30, just below EMA(50) and the recent swing low. 🎯 Profit Targets:
Target 1: $15.50 (move stop to breakeven)
Target 2: $16.00
Target 3: $16.50
📊 Risk/Reward Ratio: Estimated 3:1+. For a conservative approach, consider exiting at 2:1 if momentum fades.
Key Highlights:
Momentum: Price has surged +8.46%, showing strong bullish strength.
Volume & Liquidity: With 582.02M in circulation and a $9.82B market cap, LINK maintains healthy liquidity—important for breakout confirmation.
RSI Insight: Likely in the 65–70 range, signaling near-overbought conditions typical of a +8% rally.
🔄 Trade Management Strategy:
Start trailing your stop just above EMA(9) after hitting Target 1.
Watch for resistance near the recent high at $15.10—could be an early take-profit signal.
Heads up: LINK’s upside potential is closely linked to the adoption of Chainlink’s oracle tech. Stay alert for ecosystem news.