XRP is trading at $2.27, reflecting a 4.6% gain over the past 24 hours. This uptick comes amid significant
developments in the cryptocurrency landscape. The U.S. Securities and Exchange Commission (SEC) has approved the launch of ProShares' XRP Futures ETFs, scheduled for April 30, which is expected to enhance institutional access to XRP. Additionally, the CME Group plans to introduce cash-settled XRP futures contracts on May 19, further indicating growing institutional interest in XRP. These moves are anticipated to bolster XRP's market position and liquidity. Analysts are projecting potential price targets ranging from $2.45 to $4.50, contingent on favorable market conditions and continued institutional adoption. However, investors should remain cautious of potential market volatility and conduct thorough research before making investment decisions.
$BONK đď¸ Is it Early sign of bearish for this session moveâ
After a farm bullish trading a over brought territory . All sign forming in 15 min and 30 min time frame i take early short on both BONK WLD with tight sl. Hope I'll mange C2C in 1-2 hour and protect profit.
it is not financial advice. đď¸ monitor closely for intra day bearish confirmation.
Done đ for this season . Bonk forming Head and solder in 15 min frame. I'll check for nex opurtunity or to other asset. try to follow strick money management . Though 65% on total cap good enough for today.
"Ethereum at a Crossroads: Will Bulls Break Free or Face Another Rejection?"?
Ethereum experienced $77.86 million in futures liquidations in the past 24 hours, per Coinglass data. The total amount of long and short liquidations is $43.16 million and $34.69 million, respectively.
$ETH bounced off the $1,522 support level last Friday and is on the verge of tackling a key descending trendline resistance extending from March 25. A failure to move above the trendline could strengthen its resistance, potentially prompting increased sell orders whenever ETH's price approaches it. Such a move could send ETH to test the $1,522 support.
However, if ETH overcomes this resistance, it faces another key hurdle at the upper boundary of a four-month descending channel.
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are aiming to test their neutral level lines. A firm crossover to the upper side indicates rising bullish momentum.
"Ethereum at a Crossroads: Will Bulls Break Free or Face Another Rejection?"?
Ethereum experienced $77.86 million in futures liquidations in the past 24 hours, per Coinglass data. The total amount of long and short liquidations is $43.16 million and $34.69 million, respectively.
$ETH bounced off the $1,522 support level last Friday and is on the verge of tackling a key descending trendline resistance extending from March 25. A failure to move above the trendline could strengthen its resistance, potentially prompting increased sell orders whenever ETH's price approaches it. Such a move could send ETH to test the $1,522 support.
However, if ETH overcomes this resistance, it faces another key hurdle at the upper boundary of a four-month descending channel.
The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are aiming to test their neutral level lines. A firm crossover to the upper side indicates rising bullish momentum.
⨠Dogecoin just snapped a long-standing descending trend line against Bitcoin, signaling a potential momentum shift. This technical breakout has traders eyeing a bullish run, with expectations that DOGE could outpace BTC in the coming days. With renewed interest and volume building up, the meme coin might just be gearing up for a surprising comeback.
đ Day Chart Analysis :
⢠Pattern Breakout: DOGE has emerged from a descending triangle pattern, a bullish signal suggesting a potential upward move.
⢠Support & Resistance: The breakout is supported by a double-bottom formation around $0.1445, with the next resistance level at $0.1809.
⢠Volume & Momentum: Increased trading volume and a bullish MACD crossover indicate strengthening upward momentum.
đ Whale Activity :
On-chain data reveals that large investors have accumulated approximately 180 million DOGE recently, indicating strong confidence in the asset's potential.
đ Price Targets :
⢠Short-Term: Analysts project a potential rise to $0.42, based on the breakout from the descending triangle.
Mid-Term: If the bullish momentum continues, DOGE could aim for $0.569, aligning with historical patterns.
đ§ Expert Insights :
⢠Rekt Capital: Highlights the importance of a daily close above $0.43 to confirm the breakout.
⢠Bluntz: Notes the formation of an Adam and Eve pattern, suggesting a potential rally to $0.34.
$OM đ Whale Dump Triggers $17M Loss on OM Token, Sparks Volatility and Investor Jitters.đą
A crypto whale identified as 0x5AC is facing substantial losses on OM holdings. After purchasing 2.9 million OM tokens for $18.7 million last month, the whale deposited 1.724 million tokens into Binance, potentially realizing a loss of approximately $10.11 million. The remaining holdings are valued at around $595,000, indicating an unrealized loss of about $6.97 million, triggering a drop in investor confidence. Despite its strong fundamentals and growing DeFi presence, this sell-off may cause further price volatility. If OM fails to hold above key support around $0.32, it could retest lower levels. However, if buying resumes near support, a rebound toward $0.38-$0.40 is possible. Traders should watch for volume spikes and broader market sentiment before entering positions. Risk remains elevated in the near term.
đď¸ Debate Over Central Bank Independence Sparks New Wave of Uncertainty in US Markets
"Debate on central bank independence adds new uncertainty for US markets" discusses the escalating tensions between President Donald Trump and Federal Reserve Chair Jerome Powell, which are causing significant volatility in U.S. financial markets. President Trump's public criticism of Powell for not lowering interest rates, coupled with suggestions of potentially removing him from his position, has raised concerns about the Federal Reserve's independence. This political interference is undermining investor confidence, leading to a decline in the U.S. dollar to a three-year low and a surge in gold prices to record highs. The situation is further complicated by ongoing trade tensions and the lack of new trade agreements, contributing to a broad sell-off in U.S. and European stock markets. Analysts warn that undermining the Fed's autonomy could lead to higher inflation and long-term economic instability.
đď¸ â ď¸ Corporate Bitcoin Holdings: A Double-Edged Sword for Market Stability đ¤
A recent FXStreet article highlights that approximately 3% of Bitcoin's total supply is now held by publicly traded companies, with MicroStrategy leading the pack. This trend underscores the growing institutional interest in Bitcoin but also raises concerns about market volatility and centralization.
đľď¸ââď¸ Key Points:
⢠MicroStrategy's Dominance: The firm has amassed over 478,000 BTC, valued at more than $47 billion, positioning itself as the largest corporate holder of Bitcoin.
⢠Institutional Accumulation: Collectively, ETFs, governments, and corporations now control about 31% of Bitcoin's supply, a significant increase from previous years.
⢠Market Implications: While institutional investment can lend credibility to Bitcoin, it also introduces risks. Large-scale holdings by a few entities could lead to market manipulation or significant price swings if these holders decide to liquidate.
⢠Supply Constraints: With a finite supply of 21 million $BTC and a significant portion already lost or held long-term, the available supply for new investors is limited. This scarcity could drive prices higher but also exacerbate volatility.
⢠Regulatory Scrutiny: The concentration of Bitcoin holdings among a few large entities may attract regulatory attention, potentially leading to new policies aimed at mitigating systemic risks.
đ while the increasing corporate adoption of Bitcoin si `s mainstream acceptance, it also b nallenges related to market stabilitv and decentralization.
XRPUSDT is currently trading at a mark price of $2.0854, showing a slight intraday gain of +0.71%, but still down over -12% in the past 30 days and -35% over the last 90 days, reflecting a broader corrective phase. On the daily chart, price recently bounced from key support at $1.94, yet remains below the 200-day MA at $2.21, which acts as critical resistance. Momentum indicators like RSI (46.87) and MFI (43.94) are in neutral territory, while MACD shows flat momentum and ATR (0.1322) suggests low volatility, indicating a potential breakout setup. The 4H chart shows XRP MFI at 38.40, pointing to mild oversold conditions and possible short-term accumulation. For a bullish confirmation, wait for a daily close above $2.21 with volume above 600M XRP before entering a long trade. In that case, set TP1 at $2.46, TP2 at $2.60, and a strict stop-loss at $1.94. Do not enter prematurely; only risk 2% of capital and exit immediately if price closes below support, as structure remains fragile until a breakout is confirmed. Oversold signals rising, breakout above $2.21 confirms bullish momentum. We need watch Todays candel close and tomorrow's 1 hour candel pullback with HIGH Volume. $BTC Trader celebrating current breakout and expecting $90k next. Currently watch out some $BTC đ movement in action or only for threaten for next BTC and altcoin move.
WCT/USDT is currently consolidating after a sharp rally, trading at $0.4770. The price is forming a symmetrical triangle or bullish pennant on the 2-hour chart, suggesting a potential breakout. It remains above the 200 MA and VWAP, indicating continued bullish bias. Volume has decreased post-pump, aligning with typical consolidation behavior, while OBV remains stable, showing no major distribution. Momentum indicators like RSI (53.83) and MFI (51.36) are neutral but slightly favor buyers. The MACD histogram is narrowing, hinting at a possible momentum shift. ATR is low, reflecting reduced volatility. Key resistance lies around $0.50-$0.52, with support at $0.45 and $0.418. If bulls push past $0.52 with strong volume, continuation is likely. However, a breakdown below $0.45 would invalidate the setup. Overall, WCT is coiling for a possible breakout, and traders should watch closely for confirmation in either direction.
Now Is 'Really Good Time' to Buy Bitcoin, Says Trillion Dollar Investment Manager.
In a conversation at the Exchange conference in Las Vegas, which has brought together about 2.000 investment advisors and asset managers, Dominic Rizzo, global technology portfolio manager at R. Rowe Price-the firm that handles over $1 trillion in assets -said that now is a good time to have exposure to bitcoin.
After 1 and half consolidation and significant volatility from 80k to 84k finally breake 85k resistance . Is it a sign of next bull rally.â