XRP is consolidating within a falling wedge pattern and is currently rebounding from the support trendline. The 100MA is providing additional support just below the pattern, reinforcing the current price zone.
A strong breakout above the wedge, followed by a successful retest, would confirm a bullish trend. It's a setup worth keeping a close eye on.$SOL #xrp
$BTC is currently in an accumulation phase, signaling potential for either a pump or dump. If the price breaks down from support, it may lead to a bearish move toward the order block.
A bounce from the order block could indicate a reversal, leading to bullish movement.
However, if the price breaks above the current range and forms a new swing high, it may confirm further upward movement.
Main Interest Levels
⬇️ SHORT ⬇️ $75,190
⬆️ LONG ⬆️ $92,848
Predicted Daily Range: $84,368 to $80,152 - Conclusion
$BTC is consolidating between $86,016.30 and $83,141.28.
A breakdown below $83,141.28 could form a new swing low, signaling continuation of the bearish move, potentially targeting liquidity zones at $81,999.74, $80,477.67, $78,934.46, and $76,017.17.
If the price respects the order block between $78,543.12 and $79,979.05, a reversal is possible, preventing a dip to $75,945.21 and possibly triggering a liquidity grab above.
On the other hand, a break above $86,085.20 would confirm a new swing high and signal bullish continuation. #cryptouniverseofficial #Binance
#BTC #om $⚡️ OM Token Crash: 90% Drop and $6B Wiped Out in One Hour
Last night, the token OM from the MANTRA project experienced a dramatic collapse, plummeting from $6.30 to under $0.50 in less than an hour, resulting in over $6 billion in lost market cap.
### 🔍 Key Reasons for the Crash:
➡️ Forced Liquidations: According to MANTRA co-founder John Patrick Mullin, the crash was triggered by "reckless forced closures" of positions on centralized exchanges during a period of low liquidity.
➡️ Insider Trading Suspicions: Some analysts noticed large transfers of OM tokens to OKX and Binance just before the crash, raising concerns about possible insider trading.
This situation is being widely compared to the Terra ecosystem collapse in 2022, underlining the severity of the event.
👀 Just before the price dropped, at least 17 wallets sent 43.6 million OM (worth $227M at the time) to exchanges, representing about 4.5% of the total supply.
According to Arkham, two of those wallets are linked to Laser Digital, a strategic investor in the Mantra project #CongressTradingBan
🪙 Just Fun Fact: Over the past 14 years, Bitcoin has delivered an astonishing ROI* of +7.2M percent against the USD, far outpacing traditional assets. In comparison, gold achieved a modest ROI of +116%, while the S&P 500 returned +312% over the same period. #BTC $BTC #CanadaSOLEFTLaunch