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XRP News Today: Chair Gensler Silent on Crypto Conflict Report; BTC at Sub-$95K
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SEC Chair Gensler faces scrutiny for withholding OIG's crypto conflict findings ahead of an appeal filing deadline📉 in the Ripple case.
Allegations of SEC bias surface as Empower Oversight highlights William Hinman's ties to Ethereum-promoting groups.
Strategic Bitcoin Reserve proposals boost BTC demand as analysts predict potential $1M 🤑$XRP per BTC in a nation-state FOMO scenario.
#xrp $XRP

$186.34 per SOL📊
The current price of Solana is $186.34 per SOL. With a circulating supply of 484,226,499.587 SOL, it means that Solana has a total market cap of $89,673,279,359.62. The amount of Solana traded has fallen by
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Our real-time SOL to USD price update shows the current Solana price as $212.93 USD📊. Our most recent Solana price forecast indicates that its value will increase by 0.93% and reach 214.92 by January 07, 2025.👀📈
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$186.34 per SOL📊
The current price of Solana is $186.34 per SOL. With a circulating supply of 484,226,499.587 🤑SOL, it means that Solana has a total market cap of $89,673,279,359.62. The amount of Solana traded has fallen by
#Write2Earn

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XRP Chart Pattern Warns of Incoming XRP Price Swings
XRP, the fourth largest cryptocurrency, could be gearing up for significant volatility if a key chart pattern holds. CoinsKid, a market analysis-focused X account, noted in a recent tweet that XRP’s current chart setup might suggest a major price move is on the horizon. Highlighting a pennant forming on the XRP price chart, the analyst added, "There is a move coming here for XRP."
Unfortunately It looks as though #xrp is creating a bear pennant on the daily timeframe. Pennants tend to be continuation patterns.Compression leads to expansion. There is a move coming here for $xrp ⏳️👀
Pennants are continuation chart patterns that occur after strong moves. After a big upward or downward move, buyers or sellers usually pause to catch their breath before pushing the price in the same direction. Because of this, the price typically consolidates and forms a tiny symmetrical triangle, known as a pennant
The analyst highlighted in a chart a possible breakout from the pennant pattern that could propel XRP’s price to $4 — a 70% increase from its present value.
XRP price action🤑
XRP continues to trade within a symmetrical triangular pattern, suggesting a balance of supply and demand. At the time of writing, XRP was trading in green amid an ongoing market sell-off, up 1.61% in the last 24 hours to $2.35.🎊
The daily RSI slightly above the midpoint gives a slight edge to the bulls. If the XRP price breaks and closes above the barrier at $2.50, it might spark a rally to $2.72 and then to $2.90. In contrast, a break and close below the support line at the daily SMA 50 at $2.21 might trigger a fall to $1.62.
XRP metrics bullish
A slew of XRP metrics have flipped bullish at 2025's early start. According to the on-chain analytics platform Santiment, the amount of hodlers for various crypto assets has fluctuated wildly since the new year.
$XRP

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XRP Chart Pattern Warns of Incoming XRP Price Swings

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XRP, the fourth largest cryptocurrency, could be gearing up for significant volatility if a key chart pattern holds. CoinsKid, a market analysis-focused X account, noted in a recent tweet that XRP’s current chart setup might suggest a major price move is on the horizon. Highlighting a pennant forming on the XRP price chart, the analyst added, "There is a move coming here for XRP."📊📈

Unfortunately It looks as though #xrp is creating a bear pennant on the daily timeframe. Pennants tend to be continuation patterns.Compression leads to expansion. There is a move coming here for $xrp ⏳️👀 pic.twitter.com/6mALhpybSA

— CoinsKid (@Coins_Kid) January 11, 2025

Pennants are continuation chart patterns that occur after strong moves. After a big upward or downward move, buyers or sellers usually pause to catch their breath before pushing the price in the same direction. Because of this, the price typically consolidates and forms a tiny symmetrical triangle, known as a pennant.🪙

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The analyst highlighted in a chart a possible breakout from the pennant pattern that could propel XRP’s price to $4 — a 70% increase from its present value.

XRP price action🤑

XRP continues to trade within a symmetrical triangular pattern, suggesting a balance of supply and demand. At the time of writing, XRP was trading in green amid an ongoing market sell-off, up 1.61% in the last 24 hours to $2.35.

The daily RSI slightly above the midpoint gives a slight edge to the bulls. If the XRP price breaks and closes above the barrier at $2.50, it might spark a rally to $2.72 and then to $2.90. In contrast, a break and close below the support line at the daily SMA 50 at $2.21 might trigger a fall to $1.62.

XRP metrics bullish📊

A slew of XRP metrics have flipped bullish at 2025's early start. According to the on-chain analytics platform Santiment, the amount of hodlers for various crypto assets has fluctuated wildly since the new year.

XRP, the fourth largest cryptocurrency, could be gearing up for significant volatility if a key chart pattern holds. CoinsKid,🪙 a market analysis-focused X account, noted in a recent tweet that XRP’s current chart setup might suggest a major price move is on the horizon.📈 Highlighting a pennant forming on the XRP price chart, the analyst added, "There is a move coming here for XRP."📊

Unfortunately It looks as though #xrp is creating a bear pennant on the daily timeframe. Pennants tend to be continuation patterns.Compression leads to expansion. There is a move coming here for $xrp ⏳️👀

XRP Eyes $50 💵in 2025 Meanwhile, This Rising Crypto Is Stealing the Show
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.$XRP

Crypto VC Funding: Some $190m Put to Work, OG Labs and Eventflo Secure Capital🤑
The second week of 2025 began with the $32.70 million💵 sale of FTX EU to Backpack. Total known investments came in at roughly $189.96 million🤑 across various blockchain sectors.

Looking ahead to 2025⏳, XRP’s price will be closely tied to its ability to hold key support levels. If XRP can maintain its position above $2.2, it may rally toward $2.50 or higher, potentially $10 in the coming year.🤑

However, a failure 📉
to break through resistance could cause the coin to dip below $1.9 amid further downward pressure. Based on the current price above the oversold zone, the selling pressure could be easing, and the price could stabilize.📊
$XRP

Bitcoin could be worth $500,000 in 2025
The American businessman Robert Kiyosaki has predicted Bitcoin will reach $500,000 by the end of 2025. A vocal supporter of BTC, Kiyosaki has been overly bullish in the past – with most analysts saying these numbers are unlikely until the end of the decade, if at all. But Kiyosaki’s forecast is not without some basis.📈

In a recent analysis by The Motley Fool, they showed that the year following a Bitcoin halving resulted in an average 400 per cent increase in price. As they point out, this would result in a $500,000 price point in 2025. Writing for the outlet, financial blogger R J Fulton said:🔊

“On average, in the year after a halving, Bitcoin returns a blistering 400 per cent. The most obvious reason for such monumental performance during these years is that the market begins to adjust to the halving, meaning that in these years the supply shock finally materializes.🪙

“If this happens again and Bitcoin finishes 2024 in line with the historical average, that would put its price around $500,000 in 2025.”💵

Although Fulton rightly points out that past performance is no guarantee of future results, he says there are many reasons to remain optimistic about the price of BTC going forward.🤑

While a $500,000 price point may be overly optimistic, analysts agree that in 2025 the scene is set for Bitcoin to reach new all-time highs.📈

Bitcoin Overview📊

Our most recent Bitcoin price forecast indicates that its value will increase📈 by 8.42% and reach 100202.95 by January 11, 2025⏳. Our technical indicators signal about the Bearish Bullish 48% 🪙market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 69💵 (Greed)🤑.

Bitcoin in 2025: Risk or opportunity for the loyal investors?⏳
In 2025, Bitcoin is anticipated to experience significant growth📈 influenced by retail and institutional adoption, regulatory reforms, and strategic reserves. Analysts🔊$BTC
suggest Bitcoin may reach up to $250,000, with ETFs playing a crucial role. Global government actions, including creating strategic reserves, could also impact the cryptocurrency's valuation, potentially increasing its mainstream acceptance and inducing volatility.$BTC

Our real-time BTC to USD price update shows the current Bitcoin price as $92,421 USD.🤑
Our most recent Bitcoin price forecast indicates that its value will increase 📈by 8.42% and reach 100202.95 by January 11, 2025.⏳
Our technical indicators signal about the Bearish Bullish 48% market sentiment on Bitcoin🪙, while the Fear & Greed Index is displaying a score of 69 (Greed).
Over the last 30 days, Bitcoin has had 16/30 (53%) green days💵 and 3.44% price volatility$BTC

Bitcoin Overview🪙

Our most recent Bitcoin price forecast indicates that its value will increase📈 by 8.42% and reach 100202.95 by January 11, 2025.⏳ Our technical indicators signal about the Bearish Bullish 48%💵 market sentiment on Bitcoin, while the Fear & Greed Index is displaying a score of 69 (Greed).

According to PANews, financial expert David Krause has warned that a significant decline in Bitcoin prices could severely impact MicroStrategy, potentially jeopardizing its ability to repay debts and leading to financial distress or bankruptcy, which may trigger a sell-off of its stocks. Financial analyst Jacob King noted that MicroStrategy tends to raise funds through debt or equity to purchase more Bitcoin when its stock price exceeds the net value of its Bitcoin assets. This cyclical strategy is effective only if Bitcoin prices continue to rise; however, if Bitcoin prices stagnate or crash, this cycle could collapse.

Bitcoin Price Drop Could Threaten MicroStrategy's Financial Stability

The current price of Solana🤑 is $186.34💵 per SOL. With a circulating supply of 484,226,499.587 SOL, it means that Solana has a total market cap of $89,673,279,359.62. The amount of Solana traded has fallen by📉 $348,248,807.70 in the last 24 hours, which is a 10.29% decrease.

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Solana Price Forecast: SOL network update signals more downside risks

Solana Price Forecast: SOL network update signals more downside risks
Solana price stabilized above the $180 mark on Friday, capping weekly losses at 15.7%.📉
Solana’s recent proposal to implement a lattice-based hashing system has sparked mixed community reactions.
Tristan Frizza, founder of Zeta Markets, told FXStreet the move presents “long-term feasibility risks”
Solana price established a firm support above $180 on Friday as the crypto market sell-off subsided. Recent market reports suggest Solana's recently proposed network update could trigger further downside risks ahead.

Solana price holds 🤑$180 support as the crypto sell-off cools

The post $36 Million Worth XRP at Risk of Liquidation: Report appeared first on Coinpedia Fintech News📊

XRP, the native token of Ripple Labs, seems to be struggling over the last few days. Amid this market uncertainty, data from the on-chain analytics firm Coinglass reveals that $35.96 million worth of XRP is at risk of liquidation due to the current market sentiment.🤑

XRP’s Major Liquidation Levels 📈

According to the XRP exchange📊 liquidation map, the major liquidation areas are near $2.231 on the lower side and $2.36 on the upper side at press time. At these levels, traders are over-leveraged.