â XRP is a cryptocurrency developed by Ripple, specifically designed for fast and low-cost international transactions. â It serves as an alternative to traditional banking systems, facilitating liquidity between financial institutions. â Among its key advantages are "rapid transaction processing" and "minimal transaction fees".
đ Binance Technical Analysis đ
đ˘ According to the technical analysis of XRP/USD on Binance, moving averages and oscillators are signaling "strong buy opportunities". đ˘ Indicators such as RSI and MACD suggest that XRP is in an upward trend. Upon examining pivot points, resistance levels are found around 2.1263 USD, while support levels are determined at 2.0883 USD. đ
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Bitcoin and Ethereum have been oscillating at high levels, and today has begun a significant correction, which has kept everyone waiting for the opportunity to replenish their positions. Some friends may not fully understand, but the results have shown us that our patience has been meaningful.
Ethereum tends to be the softest during each correction. After yesterday's volume drop testing the support around 1720, there are signs of a rebound. The resistance is firmly at the 1800 mark; if it cannot hold above 1800, the correction trend will continue, probing down towards the support around 1680, showing a similar trend #ETHčľ°ĺżĺć .
Bitcoin's trend has yet to break out of its current trend, showing oscillating market behavior. The support around 92800 remains strong, and the trend seems to oscillate between the range of 93500 to 95600. On the daily chart, Bitcoin shows a trend towards correcting to the 89000 position, and we still need to wait for the right timing #BTCčľ°ĺżĺć .
In the United States, the ADP employment change for April had a previous value of 14.7, market expectations of 11.5, and an actual value of 6.2. This will be a significant positive for the entire crypto market, which will be reflected in the upcoming interest rate cuts by the Federal Reserve. Patience in waiting for this correction to end will be a good opportunity.
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#SECć¨čżĺ¤ä¸Şç°č´§ETFĺŽĄćš Is SOL indefinitely postponed? But XRP has already passed. For me, this is the best of times! I have fully invested, aiming for 4, and it will definitely reach it this year! My paradise welcomes everyone, for me, this is my utopia! Our era, let us witness the birth of the new second pancake! Believe in yourself, that is the best! I have already gone all in! Personally, I believe XRP can become the future!
#Trump100Days Ripple (XRPUSD) Attempts to Adjust Its Overbought Condition â Analysis â 30-04-2025 $XRP
The price of Ripple (XRPUSD) has declined during its recent trading sessions at the intraday levels, relying on this drop to support its simple moving average for the previous 50 days, in an attempt to gain positive momentum that may help it recover and rise again. At the same time, it is trying to adjust some of its clear overbought condition indicated by the relative strength indicators, especially with the onset of negative signals from them.
Therefore, our forecasts indicate an increase in the price of the currency during its upcoming trades, provided that the support level holds at $2.04000, targeting the resistance level at $2.59053.
The budget for vacation #sol is ready, haha, thanks to Dog Zhuang, after so many days, we finally hit a big one! During the May Day holiday, Dog Zhuang gave the brothers red envelopes đ§§, congratulations haha! The brothers who brought the free family have made a fortune with their short positions! The five-wave analysis method continues to accurately hit the two targets, with the first target for the sol short position at 142.48 reached, and the second target at 141! This is the power of the five-wave analysis method! PS: Brother Lie does not have any charging items, be cautious of scams!
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The large pancake at $BTC has been fluctuating horizontally around a thousand points up and down for several days. There isn't much cost-effectiveness in placing trades; regardless of the direction, the profit margins are compressed, and any misstep could hit the stop-loss. If thereâs no market movement, keep your hands steady and take a good rest! #çšććŽĺ°ąčçžćĽ #çšććŽç¨ćš #Strategyĺ˘ććŻçšĺ¸
New currency launch vs old currency delisting, what you think is a benefit is actually a pitfall, what you think is the end is actually just the beginning! $ALPACA
Fundamentals: 1. The U.S. SEC has postponed the approval of five cryptocurrency assets, including Franklin spot SOL, XRP ETF, Grayscale spot HBAR ETF, and Bitwise spot DOGE ETF. According to the approval schedule, many of the postponed ETF products will still face final approval deadlines between the third and fourth quarters. 2. Australian financial regulators will crack down on inactive cryptocurrency exchanges, while the Russian anti-money laundering agency plans to classify illegal secret cryptocurrency mining as a crime. The Italian central bank warns that crypto assets pose a threat to the stability of financial stocks. 3. The probability that the Federal Reserve will keep interest rates unchanged in May is 92.3%.
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