To provide an analysis of XRP's price movement for the weekend (up to
Analysis of XRP's price movement for the weekend (May 9, 2025)
1. Current status of XRP's price
Current price: According to available data, XRP is trading around $2.21 (as of May 8, 2025), with a daily increase of 3.02% and a weekly increase of 5% compared to a price of $2.12 24 hours ago and $2.22 a week ago.
#btc The market has warmed up, including some altcoins! From the wave structure, BTC is likely to rise at the twelve-hour level! So as long as it falls back to the right point, it is time to enter the market. This afternoon, I shared a very critical position of 4h for the big cake: 97816! At present, this position has been temporarily broken, so we continue to look at the fall back! The bulls should pay attention to the risks and pay attention to the support near 97000 below!
The road to trading is long, strategies can only be seen from the market!
颜驰Bit
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Why, the Vegas channel fell 60 points in 1 hour? This...do you need to pay to see this😱 Why did it fall? 🤯Is it because of the news? 😱 Look at the quoted article, left-side trading, just have a hand, the market will give you the trading signals you want! #ETH
#eth eth2696Do you know the key position? When the risk comes, will someone warn you in the first place? Key position! Key position! Important things should be said three times! Once it falls below! It means that the relevant level will hit the main falling wave! So the risk must be warned to the friends! Otherwise, the long order will be trapped again if it is too late to run! So, don’t do it without thinking too much or too little! ps: There is no charge for the free family of hunters, be careful of being deceived!
Will Litecoin (LTC) and XRP ETFs be next to be approved?
By Anfelia_Investment, Market Analyst at Binance Square The cryptoasset market is experiencing a historic moment with the potential approval of ETFs (Exchange Traded Funds) for Litecoin (LTC) and XRP, two assets that have captured the attention of institutions and regulators. Below, we explore the key factors surrounding these financial products and their potential impact. --- ### 1. Regulatory context: A favorable environment President Donald Trump’s administration has pushed for a more crypto-friendly regulatory climate, marking a contrast with previous administrations. This has allowed asset managers like CoinShares and exchanges like Nasdaq to file formal applications for LTC and XRP ETFs with the SEC. Additionally, the SEC has initiated preliminary reviews of certain tokens, paving the way for future approvals.
Why did it rise so well, only to suddenly fall? The tradition in this circle is that the market always drops during meetings. Tonight, Mr. Powell will speak again, and his speech has directly shaken the market's upward momentum.
Before the market is about to correct, Taco promptly reminds us to reduce overall positions. After reducing, the market began to pull back; it seems that Bitcoin has not yet stabilized and is still in a recovery state.
At 11 o'clock, the line changes; Bitcoin must stabilize above the 97,000 mark to stop this round of decline. During this process, there may still be spikes, coupled with the uncertainty of Mr. Powell's speech, so be prepared for both upward and downward spikes.
Today we reduce positions to first avoid Mr. Powell's speech, fearing sudden negative news could hit the crypto market, and to avoid dropping below the CPI data tomorrow at 9:30. Friends who opened positions these past two days need to be particularly cautious and prepare for risk management.
Continue to follow Taco, align with the trend, and help you judge the current market trend, future market direction, and potential hot coins. These are all areas where Taco excels, and you just need to click follow to be informed immediately.
#eth eth2687 The first target has been reached! Good weekend brothers! The sun is nice, and I'm in a great mood! Hunter has already made a profit on the Ethereum long position strategy early this morning! Good morning! At around 6 o'clock, when Hunter was writing the strategy, many brothers in the square were probably still dreaming! So, trading requires not only proficiency in technology but also diligence!
From the daily line of $BTC , we are approaching the end of a gradually converging oscillation range. Moreover, this is near a relatively effective support level (the support that has continued from the previous two spikes downwards). This morning, there was a clear buying signal at the 15-minute level, and based on the combination of both factors, the first expectation is that it can reach above 98000. Then there is a second piece of good news for the market; the rebound strength at $ETH is slightly stronger, mainly due to the overselling. Compared to Bitcoin, ETH has already dropped significantly, and the oversold rebound of ETH will also drive an effective rebound in altcoins. Here, a small position in Pepe was taken early yesterday. However, it is still unknown whether this is a reversal of the market; it is likely not. We need to wait for the 4-hour level central point to come out to know for sure.
"Buy low, sell high." "Don’t put all your eggs in one basket." "The cryptocurrency market is a mechanism for transferring funds from the impetuous to the patient." "Time in the market beats timing the market." "Be fearful when others are greedy, and greedy when others are fearful." "The trend is your friend." "Price is what you pay; value is what you get." "The market can stay irrational longer than you can stay solvent." "It’s not timing the market, but time in the market that matters." "Invest in what you know."