#SouthKoreaCryptoPolicy #MarketPullback #TrumpVsMusk $BTC $SOL $XRP Commenting on the short-term move for the XRP price,Ā Egrag Crypto statedĀ that XRP has to close above $2.30, $2.35, $2.36, $2.45, and $2.65 to have a bullish breakout. The analyst claimed that $2.65 is the āGo-Goā signal as the altcoin eyes a rally to aĀ new all-time highĀ (ATH).Ā At the time of writing, the XRP price is trading at around $2.12, down almost 3% in the last 24 hours, according toĀ dataĀ from CoinMarketCap Crypto analystĀ Dark Defender predictedĀ that the XRP price is about to witness an upcoming surge to $23. He noted that the altcoin is forming another Wave Structure in the weekly timeframe, creating the potential rally to this target. The analyst added that this new wave structure aligns with the previous targets and historical pattern in November 2024.Ā In anĀ X post, Dark Defender provided insights into what to expect from the XRP price action in the short term. The analyst stated that, on the weekly chart, XRP is moving towards the primary resistance level at around $2.40. The support level to watch on this move is $2.2222, whileĀ $5.85 is the targetĀ as the altcoin eyes a rally to the upside.Ā Commenting on the short-term move for the XRP price,Ā Egrag Crypto statedĀ that XRP has to close above $2.30, $2.35, $2.36, $2.45, and $2.65 to have a bullish breakout. The analyst claimed that $2.65 is the āGo-Goā signal as the altcoin eyes a rally to aĀ new all-time highĀ (ATH).Ā At the time of writing, the XRP price is trading at around $2.12, down almost 3% in the last 24 hours, according toĀ dataĀ from CoinMarketCap
#alexprotocol ALEX Protocol Faces Significant Loss Due to Security Flaw
According to Foresight News, ALEX Protocol has suffered a substantial financial loss exceeding $8 million due to a security vulnerability. The incident was attributed to a flaw in the self-listing logic of the protocol, which failed to incorporate compatibility checks for unsuccessful transactions. This oversight was exploited maliciously, resulting in the transfer of funds from the liquidity pool. The founder of SlowMist, Yu Jian, recalled a similar incident last year on May 25, when a private key leak led to losses in the millions.
#Mask After a month full of positives and upside price movements, Mask Network crypto is dumping hard. A candle of over 40% down on the daily chart, from 3.62 to 1.70, got investors panicking again and asking what happened.DISCOVER: Top 20 Crypto to Buy in June 2025
Mask Crypto Network Is Dumping: Is It Over? Mask Crypto is in the top losers again for the first time in a month. Two good pieces of news caused the price to jump 25%. First, Mask Network scooped up the Web3 app Orb, which boosted their ecosystem, and then, on the same day, the SEC dropped its case against Binance.After that spike, the market went into the classic ābuy the rumor, sell the newsā mode. With an over 40% drop, crashing from $3.60 down to $1.69. The RSI shot up to 77, showing it was way overbought. The price dipped below the 10-day moving average, and the $2.56 Fibonacci support level broke, kicking the selling into high gear.
The 24-hour trading volume spiked 440%, hitting over $800 million, the clearest sign of heavy selling pressure. Whether this dip is a buying chance for MASK or the start of a downtrend will only show with time.
#TrumpVsMusk Bitcoin long traders took a hit over the past 24 hours amid Bitcoinās price dwindling amid broader macroeconomic tension and continued sell-offs by long-term holders.Investors who went long on Bitcoin saw significant losses over the past 24 hours as the cryptocurrency dipped nearly 3%, nearing a retest of the $100,000 level.
The price decline comes as the feud between US President Donald Trump and billionaire Elon Musk intensifies, and those holding Bitcoin BTC $104,883 for over 155 days keep selling to lock in profits.
Bitcoin price holds above $102,000 Over the past 24 hours, Bitcoin reached $105,915 before falling to $100,500 within a matter of hours, according to CoinMarketCap. At the time of publication, Bitcoin is holding at $102,180.
#Liquidity101 In the vast ocean of cryptocurrencies, liquidity is your compass. It determines how swiftly and efficiently you can trade assets without significant price changes.
#TradingTypes101 What it is: A trailing stop is a type of stop order that moves with the market price. Itās set at a percentage or dollar amount away from the highest price reached after the order is placed. When to use it: Use it when you want to lock in profits as the market moves in your favor, while still protecting against downside risk.
#OrderTypes101 Market Order: An order to buy or sell a security immediately at the current market price. Execution is prioritized over price, so itās fast but may vary from the quoted price due to slippage.Limit Order: An order to buy or sell a security at a specific price or better. For a buy, it executes at or below your set price; for a sell, at or above. It guarantees price but not execution if the market doesnāt reach your limit.Stop Order (Stop-Loss): An order to buy or sell once the price hits a specified "stop" level. A buy stop triggers above the current price; a sell stop triggers below. Used to limit losses or protect profits, but execution price may differ due to rapid market moves.Stop-Limit Order: Combines a stop order and a limit order. Once the stop price is hit, it becomes a limit order, executing only within a specified price range.
#CEXvsDEX101 For the second topic of our Crypto Trading Fundamentals Deep Dive, letās talk #CEXvsDEX101 . Choosing between Centralized and Decentralized Exchanges is a key decision for any crypto trader. Each comes with trade-offs in terms ofĀ security, user experience, liquidity, and control. Knowing when to use which is an essential part of risk-aware trading. š¬ Your post can include: Ā· In your experience, what are the pros and cons of CEXs vs DEXs? Ā Ā· Which do you prefer and in what situations? Ā· What do you consider when choosing between a CEX and DEX? Ā· What advice would you give to someone using a DEX for the first time? šĀ Create a post with #CEXvsDEX101 and share your insights to earn Binance points! (Press the ā+ā on the App homepage and click on Task Center) š Full campaign details here.