The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 657.2 and 656.3).
#ElonMusk #DOGE Elon Musk says heās ādisappointedā with the new US government spending bill, calling it a threat to the work of the $DOGE (Department of Government Efficiency), which he led to reduce wasteful spending. Musk warns the bill increases the budget deficit and could harm the economy. He has now stepped down from DOGE over policy disagreements.
DAY TRADING THE DOWNSIDE PREVIOUS as LONG AS 2.2128 IS RESISTANCE $XRP 2.29930 Resistance... 2.26700 Resistance.. 2.16310 Last. 2.09880 Support. 2.06670 Support.. 2.03450 Support... #xrp #Xrpš„š„
Solana Price Forecast: SOL targets the $140 level amid declining bullish momentum
$SOL sinks amid a broader crypto market retreat following weeks of consolidation. Momentum indicators point to a continued downtrend as bullish strength wanes. Derivatives data reinforces a bearish sentiment, with Solana approaching its lowest trading level in two weeks. As of Friday, Solana ($SOL ) has dropped nearly 7.008% this week, tracking heightened volatility across the crypto space triggered by the reinstatement of former US President Donald Trumpās tariffs. The US Appeals Court temporarily reinstated the tariffs on Thursday, reversing a decision by the US International Trade Court a day earlier. With bullish momentum fading and a spike in long liquidations, SOL is nearing a two-week low as bearish pressure intensifies across the derivatives market. #solana #solanAnalysis
Weekly On-chain Report: US tariffs shift sentiment, exchange reserves drop as Bitcoin falls sharply
$BTC drops below $106,000 as expectations for a new all-time high dwindle amid uncertainty over US tariffs. Sentiment turns "extremely fearful" as FOMO-driven investors count losses. Exchange reserves extend downtrend as holders move assets to long-term storage. A drop in the Mean Dollar Invested Age metric suggests older coins are returning to circulation, potentially fueling the next leg up. The cryptocurrency market is clawing back gains on Friday as Bitcoin (BTC) takes a breather from near all-time-high levels, reflecting mixed sentiment surrounding tariffs in the United States (US). #Bitcoinā
Trump Media Group set to establish Bitcoin treasury after closing $2.4 billion deal
Trump Media and Technology Group announced that it has raised $2.44 billion in proceeds from its private offering to establish its Bitcoin treasury. This comes barely a week after Trump Media announced it would offer up to $2.5 billion in common shares and convertible notes to establish a Bitcoin treasury. Crypto.com and Anchorage Digital will serve as the official custodian of the company's Bitcoin treasury.