Amid this week’s crypto market correction, Ark Invest’s CEO and CIO, Catie Wood, has slashed her 2030 bullish forecast for Bitcoin (BTC), highlighting the global momentum of the stablecoin sector. Related Reading: Web3 Verifiable Settlement Protocol To Bring ‘Internet-Speed’ Payments With New Upgrade Stablecoins Overtake Part Of BTC’s Role On Thursday, Ark Invest’s CEO, Cathie Wood, joined CNBC’s “Squawk Box” to discuss Bitcoin’s price, her thoughts on stablecoins’ growth, and how her previous bullish forecast for the flagship crypto has evolved over the past year. In the interview, Wood underscored that the rapid rise of stablecoins is taking on a role she thought BTC would handle, leading to a 20% reduction of her $1.5 million prediction by 2030. It’s worth noting that the investment management firm has previously affirmed that the leading cryptocurrency could serve as a store of value and a global settlement system. “Stablecoins are usurping part of the role that we thought bitcoin would play,” Wood affirmed on Thursday morning. “Given what’s happening to stablecoins, which are serving emerging markets in a way that we thought bitcoin would, I think we could take maybe $300,000 off of that bullish case just for stablecoins.” “Emerging markets are huge in this regard,” she said, adding that “we’re starting to see institutions in the United States focused on new payment rails, with stablecoins at the core. So very interesting movement.” Notably, the sector has seen rapid adoption following the enactment of the GENIUS Act in the US, with other leading jurisdictions, including the UK and South Korea, pushing to establish their own regulatory framework in the coming months. Similarly, multiple leading companies in the traditional payment system are preparing strategic moves into the stablecoin sector. Last week, the global financial services company Western Union announced its plan to launch the US Dollar Payment Token (USDPT) on the Solana blockchain. To Wood, “Stablecoins are scaling here much faster than anyone would have expected,” making it a space to watch in the future. Wood Is Still Bullish On Bitcoin Despite recalibrating her 2030 bull case, Ark Invest’s CEO emphasized that she remains bullish on Bitcoin, noting that growing institutional adoption will be a powerful driver for long-term value. Currently, the flagship cryptocurrency has declined 20% from its October 6 all-time high (ATH) of $126,000, briefly falling below the $100,000 mark earlier this week. Nonetheless, most market analysts and investors remain bullish on BTC’s long-term performance. Related Reading: Bitcoin Eyes ‘Moment Of Truth’ As Price Retests $100,000 Support – Is The Rally Over? Wood highlighted that “Bitcoin is a global monetary system, it is the lead in a new asset class, and it’s a technology, all wrapped in one.” She added that institutional participation in the sector has only begun, stating, “Institutions really have just dipped their toes into this space. We have just started, so we have a long way to go.” The CEO closed her observations by affirming that the broader crypto ecosystem is expanding, not contracting. “I think the whole space gets bigger,” she concluded. Featured Image from Unsplash.com, Chart from TradingView.com
The company is targeting $3.4 billion in AI Cloud ARR by end of 2026 with expansion to 140,000 GPUs and strengthened financing position.
Cathie Wood’s ARK Invest is doubling down on Ethereum exposure, and this time, the investment is not just through crypto or spot ETH products. On November 6, ARK acquired 240,507 shares of BitMine Immersion, a publicly traded company that treats Ethereum as a core asset for its corporate treasury. This move signals a deeper shift …
Technical breakout occurred on exceptional volume as decentralized storage tokens demonstrated sector leadership over mixed crypto markets.
What to Know: Ethereum’s recent drop doesn’t overshadow its long-term bullish potential; a rebound could benefit Ethereum-based projects like Maxi Doge. Maxi Doge’s presale has raised over $3.9 million, with just hours left before a price increase. Strong marketing and staking rewards (78% p.a.) ensure that Maxi Doge has a strong foundation for growth. The sentiment around Ethereum ($ETH) is shifting. While it has faced some volatility in recent days, signs of a potential rebound are emerging. For crypto traders, a bullish Ethereum could have widespread implications, particularly for Ethereum-based tokens. Maxi Doge ($MAXI), which is currently in its presale phase, has raised over $3.9M, reflecting growing interest in the project. With a token price of $0.000267 and less than three days left before its next price increase, the project is gathering momentum. Ethereum’s Volatility and the Potential for a Rebound Ethereum’s market behavior over the past week has been a rollercoaster. Currently trading at around $3,325.60, $ETH has experienced a significant drop from its ATH of $4,953.73 in August. Data from CoinMarketCap shows that Ethereum’s price has dropped about 14% over the past week. Ethereum’s rebound near $3,500 yesterday sparked bullishness among traders. But crypto research firm Santiment added that the true buy signal could be when traders ‘slow their expectations of a quick return to $4K,’ and when ‘bullish sentiment calms down again.’ Despite the dip, the long-term prospects of the market’s second-largest crypto remain bullish. When $ETH does finally make a comeback, it would positively impact tokens built on its network, including Maxi Doge. The reason is that a stronger $ETH price signals overall market confidence, which can translate into increased interest in Ethereum-based projects like Maxi Doge. Maxi Doge’s Presale Gains Traction, Nears $4M Raised Maxi Doge ($MAXI) has quickly become a notable player in the meme coin market, raising over $3.9M in its presale. With less than three days before the next price increase, investors are clearly feeling the pressure to secure their $MAXI tokens at the current price of $0.000267. ???? Want to grab $MAXI tokens? Be sure to check out our guide on how to buy Maxi Doge. Overall, Maxi Doge has captured the imagination of more adventurous traders looking for ‘max gainz’ touted by the project’s mascot, Maxi. As Doge’s distant cousin, Maxi prefers to turn everything on full blast in whatever he does, whether it’s building muscle or boosting returns. The project’s tokenomics offer a promising outlook for potential investors. Its marketing fund holds a substantial 40% share, suggesting a heavy push to expand its visibility. This aggressive marketing strategy is likely to draw attention, especially with the ongoing hype around the best meme coins in the crypto space. Another key allocation is the 25% designated for the Maxi Fund. According to the project’s whitepaper, the Maxi Fund will ensure strong project exposure and optimal ‘pump dynamics’, making $MAXI appealing for both traders and long-term investors. Additionally, 15% of the presale funds are allocated to liquidity, ensuring that the token remains accessible and tradable. This liquidity allocation, combined with staking rewards of 78% annual yield, makes Maxi Doge an attractive opportunity for those looking for high returns in the early stages of the project. As the presale progresses, the significant emphasis on marketing, staking rewards, and liquidity can make Maxi Doge a standout in the crowded meme coin space. Ethereum-Based Tokens: Maxi Doge’s Advantage A rebound in Ethereum could fuel investor interest in projects built on its blockchain, such as Maxi Doge. With its presale nearing completion and impressive tokenomics, Maxi Doge is poised to capture this potential market wave. Maxi Doge’s utility, particularly its staking rewards and participation in community-driven activities, positions it as an exciting project in the meme coin and Ethereum-based token sectors. As more people flock to Ethereum and ETH-based projects, Maxi Doge’s marketing-heavy approach could yield significant returns for early investors. Ready to make max gainz? Join the Maxi Doge presale today. Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/ethereum-potential-rebound-maxi-doge-presale
Spot Bitcoin ETFs saw $240 million in inflows after six days of redemptions, signaling renewed institutional demand for BTC.
SharpLink Gaming just made a big move that caught the crypto market’s attention. The Nasdaq-listed company transferred 4,364 ETH, worth about $14.47 million, to OKX on November 7, just days before its third-quarter earnings call. The timing has investors wondering: is this a routine treasury adjustment or a sign of something bigger? $14M ETH Transfer …
After adopting the AI Act last year, the European Union is considering easing certain provisions amid mounting pressure from the US and Big Tech.
The Wall Street bank lifted its HOOD price target to $130 and reiterated its neutral rating on the stock.
Bitcoin (BTC) trades at $101,328 as of press time, erasing the 2.3% recovery that had briefly pushed the price to $103,885 the day before. The breakdown confirms what on-chain data has been telegraphing about demand momentum fading, long-term holders selling into weakness, and the market testing structural supports last seen during mid-cycle corrections. The two […]
The post Bitcoin bulls need 2 things: Positive BTC ETF flows and to reclaim $112,500 appeared first on CryptoSlate.
Over the past month, the XRP price has experienced a significant decline, with its price dropping by 23% amid mounting selling pressure following the crypto market crash on October 10. Some analysts are now suggesting that the altcoin’s correction is not yet complete. A Retest Of Key Fibonacci Level On The Horizon Market expert Casi Trades recently shared insights on social media site X (formerly Twitter), indicating that enthusiasm surrounding the recent partnership announcement with Mastercard may have been premature. During the Ripple Swell 2025 event in New York, the company unveiled a new collaboration with Mastercard, WebBank, and crypto exchange Gemini to test its RLUSD stablecoin as a means of settling credit card transactions. Related Reading: Weakness In Major Cryptos: What Key Technical Metrics Indicate For Bitcoin, Ethereum, And Solana The announcement initially propelled the XRP price toward the $2.41 mark. However, this surge was short-lived, and the price quickly retraced. It maintained its trajectory below the previous Fibonacci Wave 1 low, as seen in the chart below. Casi Trades noted that this price rejection reinforces the belief that the Wave 3 low at $2.05 has not been adequately tested. She anticipates that the XRP price will likely trend downward toward this Fibonacci level to complete the subwave 5 of Wave 3. Additionally, the relative strength index (RSI) supports this bearish outlook, indicating a divergence at the recent price high and suggesting a retest of the lower trendline is imminent. XRP Price Poised For An Explosive 2,155% Increase? Despite the current bearish sentiment, some analysts maintain bullish projections for the XRP price. Egrag Crypto recently remarked that the ongoing price formation resembles a range rather than a straightforward ascending wedge or rectangle. Based on measured moves, projections suggest that the altcoin could reach a new all-time high around $10. If this is indeed Macro Wave 2, the anticipated Wave 3 could be 1.618 times the length of Wave 1, potentially placing targets between $14 and $25. Related Reading: Ethereum Price Needs To Reclaim This Key Level To Prevent Drop To $1,700 Moreover, the analyst pointed out the growing speculation that XRP will revisit its $0.77 wick on Binance. However, Egrag countered these discussions, noting that the altcoin could also reach the $50 “wick” observed on the Gemini crypto exchange. While some believe the Binance wick to $0.77 must be filled, Egrag argues that ignoring the potential for XRP to hit $50 is a mistake, especially if market symmetry comes into play. The analyst concluded his thesis by stating that this cycle could see the XRP price reaching that $50 level as the market undergoes its “final blow-off phase.” This would imply a major 2,155% uptrend ahead for the altcoin’s price. When writing, XRP trades at $2.22, still recording gains of 318% year-to-date, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
The Wall Street bank said fading crypto momentum could be flagging trouble for equities, though improving liquidity may revive the year-end rally.
ZEC price has been moonish this week, checking fresh highs and attracting the crypto crowd with a mind-bending 61.62% gain over just 7 days. Surging adoption, whale acquisitions, and a parade of traders jumping on the bandwagon have fueled the rally for ZCash. The ZCash market cap rose to $10.1 billion, while volume is at …
Dollar-backed stablecoins reinforce U.S. currency dominance while democratizing finance in developing nations, countering China's debt-trap diplomacy.
DeFi lenders are deleveraging but not retreating, with borrowing demand for majors like SOL and BTC staying firm and yields compressing across Maple and JitoSOL.
Asset management firm Franklin Templeton recently submitted an amended S-1 filing to the SEC for its pending spot XRP exchange-traded fund (ETF), the Franklin XRP Trust. The amendment, dated November 4, 2025, includes one key regulatory difference from earlier versions that would likely affect the approval process for the XRP ETF. What’s Different About Franklin Templeton’s New XRP ETF Filing ETF analyst James Seyffart shared the update on X (formerly Twitter), highlighting the removal of the 8(a) delay clause, which typically gives the SEC control over when a filing becomes effective. Usually, when an issuing firm files for an ETF, it includes what’s called a “delaying amendment.” This clause grants the SEC the authority to determine the exact time the filing takes effect. Franklin Templeton employed that standard wording in its earlier filings, including the initial submission on March 11, 2025, and a subsequent amendment on August 22, 2025. Related Reading: Bitcoin Supply In Profit Just Crashed To A New 2025 Low – What This Means For Price The latest filing, however, shortens that delaying condition. Instead, it states that the registration “shall hereafter become effective in accordance with the provisions of section 8(a) of the Securities Act of 1933.” Under this rule, the Franklin spot XRP ETF registration automatically becomes effective 20 days after filing, unless the SEC intervenes. The Franklin XRP Trust will primarily hold XRP as its primary asset and track the token’s market price, with Coinbase Custody managing asset storage and BNY Mellon overseeing cash holdings. The trust seeks a listing on the Cboe BZX Exchange, adopting a structure similar to other recently approved crypto ETFs. A Growing Trend Of Fast-Tracked Crypto ETF Filings Franklin Templeton’s update isn’t happening in isolation. Other asset managers, including Bitwise and Canary Funds, have also made similar changes to their S-1 filings for XRP ETFs in recent weeks, cutting back on the delay wording that typically allows the SEC to set the launch timeline. The growing series of S-1 changes demonstrates how these ETF issuers are reclaiming control over the timing of XRP ETF approvals. Journalist Eleanor Terrett highlighted this trend on X, noting that it has become more common since the US government shutdown in October. During that period, the SEC’s review process slowed, prompting many asset managers to use the timing rule to expedite their filings. Related Reading: Pundit Highlights Major Move For XRP And RLUSD, Will Price Follow? The issuing companies may also be using the same “fast-track” rule that helped other spot crypto ETFs such as Solana (SOL), Litecoin (LTC), and Hedera (HBAR) launch last month. By shortening the delay provision, Franklin Templeton’s XRP ETF now follows the same accelerated path and may receive approval before the end of November. While the SEC can still intervene, this change indicates that XRP ETF issuers are gaining more control over approval timing by adopting faster pathways, signaling that this time, things could indeed be different. Featured image created with Dall.E, chart from Tradingview.com
Tesla’s shareholder approval — with over 75% support — follows months of debate over Musk’s expanding influence across Tesla, xAI, SpaceX, and X (formerly Twitter).
What to Know: $XRP shows signs of potential recovery after a recent 10.26% decline. A breakout above the $2.35 resistance level could trigger a surge toward $2.54–$2.80. If the price dips below the critical $2.27 support, a deeper pullback to $2.13 could unfold. As $XRP positions itself for recovery, traders are setting their sights on new opportunities like Bitcoin Hyper ($HYPER). $HYPER tokens offer 45% staking rewards and a promising price forecast, with a potential high of $0.253 by 2030. All eyes are on $XRP at the moment as it experiences a price correction. While one of the market’s top cryptocurrencies has seen its value dip 10.26% over the past week, it remains a powerful contender in the altcoin space. But what does $XRP’s current movement mean for investors, and what could it signal for the future? Amidst XRP’s recent decline, there’s growing excitement about projects like Bitcoin Hyper ($HYPER), which is making waves in the crypto presale space. As XRP looks to recover, new opportunities in the market are presenting themselves, with Bitcoin Hyper offering a promising alternative to those looking for faster and more scalable solutions on the Bitcoin network. Let’s take a deeper dive into what might be ahead for both $XRP and the new kid on the block. $XRP: In a Dip But Poised for a Bounce-Back $XRP, currently priced at $2.22, has been facing downward pressure in the market, with its price declining 10.26% over the past week. Despite this, its market cap remains a whopping $133.75B, and the token’s liquidity continues to showcase its resilience. In addition, its NVT ratio is on a steady decline, which suggests that $XRP isn’t overbought, making it less vulnerable to further sharp declines. This puts it at an ideal position for recovery. Its STH-NUPL indicator also supports this potential for recovery, as each dip here has historically led to a bounce-back for $XRP. Looking at the price action, a breakout above the $2.35 resistance level could trigger a surge toward $2.54–$2.80. However, should the price dip below the critical $2.27 support, a deeper pullback to $2.13 could unfold, suggesting further caution. For those watching XRP’s next move, these technical indicators point toward a likely stabilization phase that could pave the way for a strong bullish reversal. This makes it an interesting time for investors keeping an eye on this altcoin’s potential. For investors looking to capitalize on potential altcoin movements, projects like Bitcoin Hyper offer a refreshing alternative that could complement a broader portfolio. Bitcoin Hyper: The Fastest Bitcoin Layer 2 Solution Bitcoin Hyper ($HYPER) is a Layer 2 solution designed to unlock fast and inexpensive Bitcoin transactions, positioning itself as a vital part of the Bitcoin ecosystem. Because the L2 will run on a Solana Virtual Machine, this will enable Solana-level speeds and low transaction costs in the Bitcoin ecosystem. Plus, it’ll feature a canonical bridge, which will allow $BTC holders to send their coin from the main Bitcoin network to the L2 and use it for various applications, such as staking and interacting with dApps. ???? To learn more about the project, you can check out our ‘What is Bitcoin Hyper?’ guide. As the presale continues, it’s hard to ignore the hype surrounding the project. With a price of $0.013235 per token and a presale that has already raised $26.1M, Bitcoin Hyper is tapping into a market that demands scalability and speed. A key selling point is the 45% staking rewards being offered to early investors, which shows the project’s commitment to rewarding its community. Furthermore, the whitepaper outlines Bitcoin Hyper’s future, positioning it as a key player in the next evolution of Bitcoin’s scalability and usability. Investors looking to diversify into a project that’s in the early stages but shows massive potential can join the official presale and purchase $HYPER tokens before the price rises. ???? Our Bitcoin Hyper buying guide provides you with step-by-step instructions on how to get $HYPER tokens. Why Now Is the Time for Early Investment With $HYPER’s potential to hit a high of $0.08625 by the end of 2026 based on our Bitcoin Hyper price prediction, there’s significant upside potential in the near term. By 2030, the token’s price could reach as high as $0.253, signaling massive growth for those who enter early. In the current market environment, where established tokens like $XRP are facing challenges, early investment in Bitcoin Hyper could be a smart strategy for those looking to ride the next wave of innovation in the crypto space. The presale ends soon, so be sure not to miss out on this opportunity to invest early in a game-changing crypto project. Join the Bitcoin Hyper presale today. Disclaimer: This article is for informational purposes only. Always do your own research (DYOR). Not financial advice. Authored by Aaron Walker, NewsBTC — www.newsbtc.com/news/xrp-rally-ride-the-hype-with-bitcoin-hype
Coinbase, one of the world’s largest cryptocurrency exchanges, has been fined €21.5 million by the Central Bank of Ireland for failing to properly monitor millions of customer transactions. The regulator said Coinbase’s European division did not screen over 30 million transactions between 2021 and 2022, worth more than €176 billion. Some of these transactions were …
Recent Sui price action tells a gripping story of resilience, sharp reversal, and caution. In the last 24 hours, SUI jumped 0.56% to $2.02 after plunging over 14% in the past week. The market cap nudged higher to $7.42 billion, with volume jumping 2.5% to $1.05 billion. This choppy stretch started with a pattern formation …
Thursday's inflows brought an end to a six-day streak of outflows, during which a total of $2.05 billion exited the ETFs.
What to Know: LBank maintains a decade-long zero-breach record, preventing $1.2B in losses in 2024 alone. The exchange has secured major partnerships with Ondo Finance and xStocks to bring tokenized US equities like Tesla to crypto users. LBank Labs has $100M+ in assets under management (AUM), backing early-stage AI, DeFi, and RWA projects that offer long-term potential. Czhang says the exchanges that survive will be the ones that balance trust, compliance, and innovation. LBank’s Partner and Head of LBank Labs, Czhang, has spent nearly a decade proving that consistency beats hype. Under his leadership, the exchange has maintained a perfect security record while scaling globally across both retail and institutional markets. Since its launch, LBank has grown into one of the most trusted names in global trading. The exchange has operated without a single security breach for a full decade. In 2024 alone, LBank prevented more than $1.2B in potential security threats. LBank serves more than 20M registered users, and records over $10.5B in daily volume. Managing over $100M in assets through LBank Labs, Czhang puts all his focus on projects that offer long-term value and sustainability. In an exclusive interview, he detailed how the future of crypto exchanges balances on trust, compliance, and their ability to innovate alongside the market shifts. As Czhang puts it, the exchanges that survive are the ones that ‘can protect their foundation while exploring new possibilities, providing real value to users.’ As AI transforms trading and real-world assets move on-chain, LBank’s steady approach offers a glimpse of what sustainable growth in crypto looks like. The Logic of Long-Term Crypto Investing Czhang’s entry into crypto in 2017 marked a clean move away from traditional finance. He was drawn in by the structure, the idea that blockchain could become the new financial architecture. After leading investments in more than 100 Web3 projects, he learned that success rarely depends on the technology alone. Teams must be able to adapt quickly and execute to outlast those with a weaker focus. He puts it: ‘Many times, even a project with cutting-edge technology and an attractive concept can fail if the team lacks the ability to respond quickly to changes, isn’t cohesive, or cannot navigate regulatory and market shifts effectively.’ That belief has shaped how LBank Labs deploys its $100M fund today. The team backs founders who can build through bear markets and turn their ideas into sustainable ecosystems. As he likes to remind new founders, quoting Sun Tzu, there’s ‘opportunity in chaos.’ Security as a Culture: LBank’s Zero-Incident Record Security has become a defining feature of LBank. In an industry tarnished by hacks and exploits, the exchange has thrived for 10 years without a single breach. A record possible due to proactive defense and constant improvement. AI-driven monitoring helps to detect irregular activity in real time, while multi-layered protection covers everything from custody systems to user interfaces. LBank’s partnerships with CertiK Skynet and Elliptic have added automated audits, live risk detection, Anti-Money Laundering (AML), and Know Your Transaction (KYT) screening for added compliance. In 2024 alone, these systems helped prevent more than $1.2B in potential losses. With transparency and risk control embedded into its culture, LBank has managed to turn security from an operational cost into a lasting trust advantage over its competitors. Tokenized Stocks & Global Access Thanks to major partnerships with Ondo Finance and xStocks, LBank has brought traditional markets to Web3, offering users tokenized US equities on-chain. You can now buy fractional shares of companies like Tesla or Strategy directly on the LBank platform. This 24/7 accessibility overcomes the geographic and regulatory hurdles many users face. To help showcase the product, LBank has launched a $120K Tokenized Stock Contract Competition. This gives users a hands-on way to experience the new product while earning a share of rewards based on trading volume. Inside LBank’s AI Push: From Smarter Trading to Safer Markets LBank has long been closely following the AI sector. During the recent surge of the X402 trend, LBank has premiere listed several AI-related tokens, many of which achieved impressive growth. Notably, PAYAI soared by 875%, while PING reached a remarkable 989% increase. The exchange was one of the first to list top AI-related assets like $GOAT and $VIRTUAL in 2024, followed by $X402, $PAYAI, and $SORA in 2025. Behind the scenes, LBank is using AI to analyze on-chain activity, order books, and even social sentiment to predict market shifts and optimize its liquidity. Czhang explains: ‘By predicting price fluctuations and identifying abnormal trading behaviors, AI can alert potential risks in advance, helping users and the platform avoid unnecessary losses.’ How LBank Labs Competes With Traditional VCs While most VCs bring a lot of funding but little market experience, LBank Labs’ strength lies in being able to pick out the right early-stage Web3 investments. With over $100M in assets under management, the fund focuses on early-stage DeFi, Real World Assets (RWAs), AI, and even meme coin communities that show they have long-term cultural traction. Through its ‘invest + incubate’ model, LBank Labs works closely with founders to help develop marketing strategies and PR support, alongside the capital and exchange listings. Projects featured on its LBank Edge discovery platform have achieved an average ROI of 864.95%. This includes popular tokens like $FARTCOIN and $USELESS. Outlook: The Exchange of the Future Czhang firmly believes the next generation of exchanges, or those who will still be around, are those that focus on trust, compliance, and innovation. Without user trust, no amount of liquidity or branding can sustain a platform. Compliance, often seen as a burden, is now the foundation of global expansion. And innovation, well, without it, you can quickly become irrelevant in such a fast-paced industry. As AI, tokenization, and security become pivotal to the company, LBank continues to refine its model around trust, transparency, and long-term value. It’s a vision that keeps the exchange firmly ahead of the curve. This article does not constitute financial advice. Crypto carries inherent risks, so please do your own research (DYOR) and never invest more than you are willing to lose. Authored by NewsBTC — https://www.newsbtc.com/news/lbank-czhang-on-ai-tokenization-security-and-long-term-crypto
Daily trading volume has jumped to over $1.8 billion, with liquidity deepening across major venues such as Binance, Hyperliquid, and Bybit.
New research from Google’s threat unit shows hackers are using LLMs to mutate malware and study how to steal from crypto wallets.
XRP continues to defend key support levels as bullish momentum builds beneath the surface. Traders are watching closely as the price hovers above the rising 20-month EMA, a crucial line that could determine whether the next leg higher unfolds. XRP Maintains Bullish Structure Above $1.75 Support Providing an update on the XRP chart, More Crypto Online highlighted that the situation remains largely unchanged, with price action still developing within a broader bullish structure. The analyst emphasized that the ongoing movement continues to follow a pattern of three-wave pullbacks, suggesting that the uptrend remains intact as long as XRP holds above the critical $1.75 support level. Related Reading: Massive XRP Rally Ahead? Bold Forecast Calls For $100 Before 2030 According to his analysis, as long as buyers continue to defend this zone, the structure points toward an eventual continuation of the upward trend. The repeated three-wave corrections indicate that the market may still be in a controlled consolidation phase rather than a reversal. However, the analyst highlighted that a confirmed breakout has yet to occur. The key resistance zone between $2.69 and $2.84 continues to act as a ceiling, limiting XRP’s upward momentum. Until the price breaks above this range decisively, the broader market will likely remain in a phase of consolidation and uncertainty. More Crypto Online added that a five-wave breakout above the $2.84 level could signal renewed strength and open the door to higher targets. The next major objective in that case would be around $3.40, which could serve as a staging point for another push toward the $5 region. XRP’s 20-Month EMA Emerges As The Line Between Strength and Struggle In an XRP post, ChartNerd pointed out that the 20-month Exponential Moving Average (EMA) is positioned around $1.94 and is gradually climbing. This long-term moving average has historically served as a strong indicator of trend direction, and its current trajectory suggests that the broader bullish structure could still be intact. Related Reading: XRP Price Gains Traction — Buyers Pile In Ahead Of Key Technical Breakout ChartNerd emphasized that turning the 20-month EMA into solid support would be a significant confirmation of continued upside momentum, paving the way for XRP to push toward higher resistance zones in the coming sessions. The analyst remains optimistic that the EMA will act as a reliable foundation for further gains. However, ChartNerd also cautioned that a decisive drop below the $1.94 EMA could weaken the bullish outlook, triggering a deeper retracement. Still, he noted that “the boat is yet to raise its sails,” implying that XRP’s next major move has yet to unfold, and patience may be key as traders await confirmation of the next trend direction. Featured image from Adobe Stock, chart from Tradingview.com
Traders say sentiment remains fragile as stronger U.S. dollar flows and persistent macro uncertainty continue to pressure risk assets.
The crypto ETF race is heating up again, and this time, it’s Dogecoin’s turn. Bitwise, one of the largest digital asset managers in the U.S., has filed an 8(a) form to launch the first spot Dogecoin (DOGE) ETF, with potential approval expected in just 20 days unless the SEC intervenes. If approved, this would mark …
The crypto market is currently in its longest bear market in history, with altcoins trading at some of their lowest valuations ever. Despite this downturn, many blockchain projects continue to show strong fundamental progress, a signal that experts believe may represent one of the biggest mispricings in altcoin history and a major opportunity for long-term …
Tether’s Bitcoin wallet recently acquired 961 BTC worth about $97 million from Bitfinex, following its ongoing strategy of using 15% of profits to buy Bitcoin. This wallet now holds 87,296 BTC valued at $8.84 billion, ranking sixth among the largest BTC wallets. With an average buy price close to $49,121, Tether’s Bitcoin holdings currently show …
After weeks of muted action, Internet Computer (ICP) has suddenly come alive, posting a sharp rebound that’s catching traders’ attention across the crypto market. The surge comes amid a wave of renewed buying pressure and bullish technical signals, hinting that something bigger could be unfolding beneath the surface. As ICP’s price tears through resistance levels, …