Dr Muhammad khan
11 Following
10 Followers
12 Liked
1 Shared
#BitcoinReserveDeadline #bitcoin On May 07, 2025, 00:08 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 97,000 USDT benchmark and is now trading at 97,036 USDT, with a narrowed 2.41% increase in 24 hours.
XRP Price Hits Resistance—Will Bulls Rise or Fall?
At $2.080, XRP gained support and rose. The price is battling to get beyond $2.1650.
XRP began a comeback from $2.080.
The price is below $2.170 and the 100-hour SMA.
On the hourly XRP/USD chart, a negative trend line with resistance around $2.160 is formed.
If it closes over $2.1680 barrier, the pair may rise again.
XRP Recovery May Fade
Like Bitcoin and Ethereum, XRP launched a negative fall below $2.20 and $2.150. Before the bulls emerged, the price fell below $2.120.
Price is repairing losses after a $2.0780 low. Prices rose over $2.10 and $2.120. The price broke the 23.6% Fib retracement barrier of the $2.2579 swing high to $2.078 low decline.
However, bears are active around $2.1650. On the hourly XRP/USD chart, a negative trend line with resistance around $2.160 is formed.
The price is below $2.170 and the 100-hour SMA. Price may find resistance at $2.160 on the upside. The first big barrier is $2.1680, the 50% Fib retracement level of the decline from $2.2579 swing high to $2.078 low.
The next hurdle is $2.20. A clean break over $2.20 might push the market above $2.220. More advances might push the price toward $2.250 or $2.30. The bulls may face $2.320 next.
Another Fall?
XRP may fall again if it fails to break $2.160. Initial downside support is $2.120. Near $2.080 is the next important support.
If the price breaks down and closes below $2.080, it may fall toward $2.050. Near $2.020 is the next important support.
Tech Indicators
Hourly MACD - XRP/USD's bullish MACD is declining.
XRP/USD's hourly RSI is over 50.
Major Support Levels: $2.120, $2.080.
Two major resistance levels: $2.1680 and $2.20.
#FOMCMeeting #xrp #Xrp🔥🔥 $XRP
At $2.080, XRP gained support and rose. The price is battling to get beyond $2.1650.
XRP began a comeback from $2.080.
The price is below $2.170 and the 100-hour SMA.
On the hourly XRP/USD chart, a negative trend line with resistance around $2.160 is formed.
If it closes over $2.1680 barrier, the pair may rise again.
XRP Recovery May Fade
Like Bitcoin and Ethereum, XRP launched a negative fall below $2.20 and $2.150. Before the bulls emerged, the price fell below $2.120.
Price is repairing losses after a $2.0780 low. Prices rose over $2.10 and $2.120. The price broke the 23.6% Fib retracement barrier of the $2.2579 swing high to $2.078 low decline.
However, bears are active around $2.1650. On the hourly XRP/USD chart, a negative trend line with resistance around $2.160 is formed.
The price is below $2.170 and the 100-hour SMA. Price may find resistance at $2.160 on the upside. The first big barrier is $2.1680, the 50% Fib retracement level of the decline from $2.2579 swing high to $2.078 low.
The next hurdle is $2.20. A clean break over $2.20 might push the market above $2.220. More advances might push the price toward $2.250 or $2.30. The bulls may face $2.320 next.
Another Fall?
XRP may fall again if it fails to break $2.160. Initial downside support is $2.120. Near $2.080 is the next important support.
If the price breaks down and closes below $2.080, it may fall toward $2.050. Near $2.020 is the next important support.
Tech Indicators
Hourly MACD - XRP/USD's bullish MACD is declining.
XRP/USD's hourly RSI is over 50.
Major Support Levels: $2.120, $2.080.
Two major resistance levels: $2.1680 and $2.20.
#FOMCMeeting #xrp #Xrp🔥🔥 $XRP
#BitcoinDunyamiz Steady purchasing demand at Bitcoin’s lower support levels is keeping the pressure on the $95,000 BTC resistance zone.
Key points:
Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.
Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment.
Select altcoins have held their support levels, increasing the likelihood of a short-term up move.
Bitcoin
BTC $94,318 slipped below the breakout level of $95,000 on May 4, indicating profit booking at higher levels. The bulls tried to push the price back above $95,000 on May 5 but are facing stiff resistance from the bears.
Glassnode senior researcher CryptoVizArt said in a post on X that Bitcoin maintaining above $93,000 was very surprising and also risky as the rally to the $93,000 to $96,000 range “pushed the profit-taking volume above the statistical levels.” CryptoVizart added that there were more than $9 in realized profits for every dollar realized in loss.
However, a positive sign in favor of bulls is that the US-based Bitcoin exchange-traded funds witnessed inflows of $1.8 billion last week, per Farside Investors data. The ETF issuers and the institutions acquired 18,644 Bitcoin last week compared to the 3,150 Bitcoin mined during the period, reported asset allocator HoDL15Capital on May 4.
Key points:
Bitcoin is witnessing a tough battle between the bulls and the bears at the $95,000 level.
Solid buying by spot Bitcoin ETF investors last week signals a positive shift in investor sentiment.
Select altcoins have held their support levels, increasing the likelihood of a short-term up move.
Bitcoin
BTC $94,318 slipped below the breakout level of $95,000 on May 4, indicating profit booking at higher levels. The bulls tried to push the price back above $95,000 on May 5 but are facing stiff resistance from the bears.
Glassnode senior researcher CryptoVizArt said in a post on X that Bitcoin maintaining above $93,000 was very surprising and also risky as the rally to the $93,000 to $96,000 range “pushed the profit-taking volume above the statistical levels.” CryptoVizart added that there were more than $9 in realized profits for every dollar realized in loss.
However, a positive sign in favor of bulls is that the US-based Bitcoin exchange-traded funds witnessed inflows of $1.8 billion last week, per Farside Investors data. The ETF issuers and the institutions acquired 18,644 Bitcoin last week compared to the 3,150 Bitcoin mined during the period, reported asset allocator HoDL15Capital on May 4.
#USHouseMarketStructureDraft #USHouseMarketStructureDraft #USHouseMarketStructureDraft According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets
#FOMCMeeting #FOMCMeeting #FOMCMeeting #FOMCMeeting The Fed just wrapped up their latest meeting—and let’s be honest, the only thing climbing faster than the interest rates was Powell’s blood pressure when someone mentioned “soft landing.”
Wall Street traders: “They didn’t cut? To the moon, baby!”
Powell, “Did I stutter?”
Millennial homeowners: .. is now a good time to refinance?”
The Fed: “Yeah, hard no.”
Current market mood:
Stocks: Feeling themselves, strutting like they own the place
Bonds: Midlife crisis mode
Crypto: Throwing a 2021-style party
Gold: Zen and
Recession: Still waiting in the lobby, flipping through outdated magazines
Powell’s press conference summed up:
“We’re doing what’s necessary.”
Translation: “We’re just winging it with some fancy charts.”
Let’s be real—FOMC meetings these days feel like a crossover episode of Market Mayhem, 101, and Gen Z vs. Wall Street.
Catch you at the next one—bring snacks and maybe a therapist who understands macroeconomics.
Wall Street traders: “They didn’t cut? To the moon, baby!”
Powell, “Did I stutter?”
Millennial homeowners: .. is now a good time to refinance?”
The Fed: “Yeah, hard no.”
Current market mood:
Stocks: Feeling themselves, strutting like they own the place
Bonds: Midlife crisis mode
Crypto: Throwing a 2021-style party
Gold: Zen and
Recession: Still waiting in the lobby, flipping through outdated magazines
Powell’s press conference summed up:
“We’re doing what’s necessary.”
Translation: “We’re just winging it with some fancy charts.”
Let’s be real—FOMC meetings these days feel like a crossover episode of Market Mayhem, 101, and Gen Z vs. Wall Street.
Catch you at the next one—bring snacks and maybe a therapist who understands macroeconomics.
Get Your Crypto Here
i
Login to explore more contents