We are planning on sharing some good solana signals
But still working on a good strategy.
But still working on a good strategy.
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XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order
XRP investors realized over $500 million in profits in the past 48 hours.
Short-term holders are responsible for most of the selling activity following CME's clarification on XRP futures.
XRP could decline nearly 20% to $2.62 as bulls show signs of exhaustion.
Ripple's XRP declined 3% in the early trading hours on Friday as on-chain and technical indicators signify that bulls are losing steam.
XRP short-term holders show weakness, books over $500 million in profits
XRP showed no signs of recovery despite the positive developments of US President Donald Trump signing an executive order to establish a Presidential Working Group on digital assets.
The market weakness could stem from disappointments after the Chicago Mercantile Exchange (CME) clarified that it hasn't decided to launch futures contracts for XRP, according to Fox Business's Eleanor Terrett.
XRP investors realized over $500 million in profits in the past 48 hours.
Short-term holders are responsible for most of the selling activity following CME's clarification on XRP futures.
XRP could decline nearly 20% to $2.62 as bulls show signs of exhaustion.
Ripple's XRP declined 3% in the early trading hours on Friday as on-chain and technical indicators signify that bulls are losing steam.
XRP short-term holders show weakness, books over $500 million in profits
XRP showed no signs of recovery despite the positive developments of US President Donald Trump signing an executive order to establish a Presidential Working Group on digital assets.
The market weakness could stem from disappointments after the Chicago Mercantile Exchange (CME) clarified that it hasn't decided to launch futures contracts for XRP, according to Fox Business's Eleanor Terrett.
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Join now https://t.me/solanainsderupdate
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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP momentum indicators hint at correction
Bitcoin price is nearing its key support of $100,000; a firm close below would lead to a dip to the $90K mark.
Ethereum price approaches its 200-day EMA at $3,136; a firm close below would lead to a correction.
Ripple price is sliding toward its ascending trendline support; a close below would lead to a decline.
Bitcoin (BTC) and Ethereum (ETH) are approaching their crucial support levels on Monday; a firm close below would lead to a correction. Ripple (XRP) price follows BTC and ETH as it nears its ascending trendline; a close below would lead to a pullback ahead.
Bitcoin bulls show signs of exhaustion
Bitcoin price reached a new all-time high of $109,588 last week but failed to maintain its upward momentum. BTC started declining slightly since Saturday and fell 2.22% until Sunday. At the time of writing on Monday, it continues to trade down, approaching its key support level of around $100,000.
If BTC closes below the $100,000 level, it could extend the decline to test its next key support around $90,000.
The Relative Strength Index (RSI) indicator on the daily chart reads 51, slightly above its neutral level of 50; however, it points downwards, indicating a weakness in bullish momentum. The Moving Average Convergence Divergence (MACD) indicator is also converging. If the MACD flips to a bearish crossover on a daily basis, it would give sell signals and suggest a downtrend.
Bitcoin price is nearing its key support of $100,000; a firm close below would lead to a dip to the $90K mark.
Ethereum price approaches its 200-day EMA at $3,136; a firm close below would lead to a correction.
Ripple price is sliding toward its ascending trendline support; a close below would lead to a decline.
Bitcoin (BTC) and Ethereum (ETH) are approaching their crucial support levels on Monday; a firm close below would lead to a correction. Ripple (XRP) price follows BTC and ETH as it nears its ascending trendline; a close below would lead to a pullback ahead.
Bitcoin bulls show signs of exhaustion
Bitcoin price reached a new all-time high of $109,588 last week but failed to maintain its upward momentum. BTC started declining slightly since Saturday and fell 2.22% until Sunday. At the time of writing on Monday, it continues to trade down, approaching its key support level of around $100,000.
If BTC closes below the $100,000 level, it could extend the decline to test its next key support around $90,000.
The Relative Strength Index (RSI) indicator on the daily chart reads 51, slightly above its neutral level of 50; however, it points downwards, indicating a weakness in bullish momentum. The Moving Average Convergence Divergence (MACD) indicator is also converging. If the MACD flips to a bearish crossover on a daily basis, it would give sell signals and suggest a downtrend.
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Coin:
ACH/USDT
Position:
Short 3X
Exchange:
Any
Entry:
1. $0.038
2. $0.049
Targets:
1. $0.034
2. $0.030
3. $0.026
This is a Risky play, kindly use 4% of portfolio max!
ACH/USDT
Position:
Short 3X
Exchange:
Any
Entry:
1. $0.038
2. $0.049
Targets:
1. $0.034
2. $0.030
3. $0.026
This is a Risky play, kindly use 4% of portfolio max!
Ripple CEO clears accusations regarding lobbying, says XRP should be included in US crypto reserve
Ripple CEO Brad Garlinghouse suggested a multi-asset US crypto reserve as against a Bitcoin-only reserve.
Ripple announced a partnership with Ondo Finance to launch OUSG on XRP Ledger.
XRP tested a bullish pennant resistance as it eyes a potential rally above $4.
XRP saw slight gains on Tuesday after Ripple CEO Brad Garlinghouse dismissed claims that he lobbied against a Bitcoin strategic reserve. Instead, he emphasized the need for a multi-asset US crypto reserve strategy. Meanwhile, Ripple announced its partnership with Ondo Finance for the latter to launch its Ondo Short-Term US Government Treasuries (OUSG) on the XRP Ledger.
Ripple's Brad Garlinghouse discusses the importance of diversified crypto-asset reserve
Ripple CEO Brad Garlinghouse confirmed that he had advocated for the possibility of the US government to include XRP as part of its digital asset reserve.
In an X post on Monday, Garlinghouse stated the importance of diversification, arguing that any reserve should reflect the broader cryptocurrency industry rather than focusing on Bitcoin or any single asset.
"We live in a multichain world, and I've advocated for a level-playing field instead of one token versus another. If a government digital asset reserve is created, I believe it should be representative of the industry, not just one token — whether it be BTC, XRP or anything else," Garlinghouse stated.
He also dismissed claims that his push for XRP's inclusion in the US crypto reserve aimed to undermine Bitcoin.
Market commentator Walter Bloomberg stated that Garlinghouse cleared the air on his alleged stand against a Bitcoin strategic reserve.
Ripple CEO Brad Garlinghouse suggested a multi-asset US crypto reserve as against a Bitcoin-only reserve.
Ripple announced a partnership with Ondo Finance to launch OUSG on XRP Ledger.
XRP tested a bullish pennant resistance as it eyes a potential rally above $4.
XRP saw slight gains on Tuesday after Ripple CEO Brad Garlinghouse dismissed claims that he lobbied against a Bitcoin strategic reserve. Instead, he emphasized the need for a multi-asset US crypto reserve strategy. Meanwhile, Ripple announced its partnership with Ondo Finance for the latter to launch its Ondo Short-Term US Government Treasuries (OUSG) on the XRP Ledger.
Ripple's Brad Garlinghouse discusses the importance of diversified crypto-asset reserve
Ripple CEO Brad Garlinghouse confirmed that he had advocated for the possibility of the US government to include XRP as part of its digital asset reserve.
In an X post on Monday, Garlinghouse stated the importance of diversification, arguing that any reserve should reflect the broader cryptocurrency industry rather than focusing on Bitcoin or any single asset.
"We live in a multichain world, and I've advocated for a level-playing field instead of one token versus another. If a government digital asset reserve is created, I believe it should be representative of the industry, not just one token — whether it be BTC, XRP or anything else," Garlinghouse stated.
He also dismissed claims that his push for XRP's inclusion in the US crypto reserve aimed to undermine Bitcoin.
Market commentator Walter Bloomberg stated that Garlinghouse cleared the air on his alleged stand against a Bitcoin strategic reserve.
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Coin:
SPELL/USDT
Position:
Short (3X-10X leverage)
Exchange:
Any
Entry:
1. $0.00171
2. $0.00182
Targets:
1. $0.00162
2. $0.00149
3. $0.00138
Risky trade, kindly use minimum amount of capital
SPELL/USDT
Position:
Short (3X-10X leverage)
Exchange:
Any
Entry:
1. $0.00171
2. $0.00182
Targets:
1. $0.00162
2. $0.00149
3. $0.00138
Risky trade, kindly use minimum amount of capital
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Coin:
Ethena (ENA/USDT)
Position:
Long(10X-20X)
Exchange:
Any
Entry:
1. $0.71
2. $0.66
Targets:
1. $0.82
2. $0.94
3. $1.04
Stop Loss:
$0.59
Ethena (ENA/USDT)
Position:
Long(10X-20X)
Exchange:
Any
Entry:
1. $0.71
2. $0.66
Targets:
1. $0.82
2. $0.94
3. $1.04
Stop Loss:
$0.59
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Crypto Update
Coin: SPELL/USDT Position: Short (3X-10X leverage) Exchange: Any Entry: 1. $0.00171 2. $0.00182 Targets: 1. $0.00162 2. $0.00149 3. $0.00138 Risky trade, kindly use minimum amount of capital
There you go! #SPELL Hits Target 1 🔥
80% gains with just 10X leverage!
This was a slightly risky trade, but @xrpscripts nailed it once again with precision. More wins to come!
80% gains with just 10X leverage!
This was a slightly risky trade, but @xrpscripts nailed it once again with precision. More wins to come!
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Coin:
BAN/USDT
Position:
Long3X
Exchange:
Any
Entry:
1. $0.0346
2. $0.0312
Targets:
1. $0.0356
2. $0.0364
3. $0.0371
As markets are risky, invest small amounts in it!
BAN/USDT
Position:
Long3X
Exchange:
Any
Entry:
1. $0.0346
2. $0.0312
Targets:
1. $0.0356
2. $0.0364
3. $0.0371
As markets are risky, invest small amounts in it!
Crypto Update
Coin: BAN/USDT Position: Long3X Exchange: Any Entry: 1. $0.0346 2. $0.0312 Targets: 1. $0.0356 2. $0.0364 3. $0.0371 As markets are risky, invest small amounts in it!
#BAN hit’s target:1 instatly! Yet another successful trade🔥
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🆕 XRP price outlook grim as traders go short, exchange inflows increase
💫Net inflows to spot XRP centralized exchanges turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its DEX.
XRP is trading below key support levels, with immediate resistance at $2.49 and more around the $2.60 level.
Net inflows to spot XRP tokens turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its native decentralized exchange (DEX).
Over $15 million in XRP flowed to centralized exchanges on Thursday led by deposits to Bybit and Kraken, Coinglass data shows. Spot inflows to exchanges may mark an intention to sell tokens on the open market, dampening chances of a rally.
Meanwhile, 8-hour funding rates in the XRP perpetual futures markets stood at -0.0065% as of Thursday morning, implying a bias for short positions that profit from price drops. Notably, XRP's funding rates were more negative than ETH and BTC.
Negative funding rates mean traders holding short positions are willing to pay a small fee to those with long positions to keep their bearish bets open.
XRP below key averages
XRP trades below several key moving averages, with the 10-day exponential moving average (EMA) at $2.84 and 21-day EMA at $2.88. Trading below these moving averages suggests a bearish short-term outlook.
However, the 100-day simple moving average (SMA) is just above $2, and the 200-day SMA is at $1.30, both below the current price, indicating a bullish longer-term trend. Moving averages help identify trends by smoothing out price data, and the period readings used above are popularly used by retail traders.
Meanwhile, immediate resistance at $2.49, followed by the $2.60 level. A move past these levels would revive the bullish outlook, setting the stage for a run to the $3 mark, which it breached in January for the first time since 2018.
XRP's 14-day relative strength index (RSI) — which measures magnitude of price changes — was just over 36 in Asian hours, placing it in the neutral zone. Traditionally, RSI values above 70 indicate overbought conditions, while values below 30 suggest oversold conditions. An RSI around 50 is considered neutral.
@cryptoopdate
💫Net inflows to spot XRP centralized exchanges turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its DEX.
XRP is trading below key support levels, with immediate resistance at $2.49 and more around the $2.60 level.
Net inflows to spot XRP tokens turned positive early Thursday after days of outflows, putting the token in focus following a record-breaking month for its native decentralized exchange (DEX).
Over $15 million in XRP flowed to centralized exchanges on Thursday led by deposits to Bybit and Kraken, Coinglass data shows. Spot inflows to exchanges may mark an intention to sell tokens on the open market, dampening chances of a rally.
Meanwhile, 8-hour funding rates in the XRP perpetual futures markets stood at -0.0065% as of Thursday morning, implying a bias for short positions that profit from price drops. Notably, XRP's funding rates were more negative than ETH and BTC.
Negative funding rates mean traders holding short positions are willing to pay a small fee to those with long positions to keep their bearish bets open.
XRP below key averages
XRP trades below several key moving averages, with the 10-day exponential moving average (EMA) at $2.84 and 21-day EMA at $2.88. Trading below these moving averages suggests a bearish short-term outlook.
However, the 100-day simple moving average (SMA) is just above $2, and the 200-day SMA is at $1.30, both below the current price, indicating a bullish longer-term trend. Moving averages help identify trends by smoothing out price data, and the period readings used above are popularly used by retail traders.
Meanwhile, immediate resistance at $2.49, followed by the $2.60 level. A move past these levels would revive the bullish outlook, setting the stage for a run to the $3 mark, which it breached in January for the first time since 2018.
XRP's 14-day relative strength index (RSI) — which measures magnitude of price changes — was just over 36 in Asian hours, placing it in the neutral zone. Traditionally, RSI values above 70 indicate overbought conditions, while values below 30 suggest oversold conditions. An RSI around 50 is considered neutral.
@cryptoopdate
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Ripple technical analysis
XRP/USD technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Flat.
Position: Wave ((B)).
Direction next higher degrees: Wave IV.
Wave cancel invalid level:
XRP/ U.S. dollar(XRPUSD)Trading Strategy: XRPUSD is in a wave II structure, which is a corrective wave. After the end of wave I, wave II is expected to form a corrective ABC structure. Currently, the price is in the sub-wave b of this structure. After the end of wave b, the price is expected to correct down to the end of wave c of wave II.
Trading strategies
Buy strategy (long position):
Wait for the price to adjust down to the support zone of 1.8936 - 1.5370 and look for an opportunity to open a buy position.
Risk management:
Set Stop Loss below 1.5000 level.
XRP/USD technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((3)).
XRP/USD technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Flat.
Position: Wave ((B)).
Direction next higher degrees: Wave IV.
Wave cancel invalid level:
XRP/ U.S. dollar(XRPUSD)Trading Strategy: XRPUSD is in a wave II structure, which is a corrective wave. After the end of wave I, wave II is expected to form a corrective ABC structure. Currently, the price is in the sub-wave b of this structure. After the end of wave b, the price is expected to correct down to the end of wave c of wave II.
Trading strategies
Buy strategy (long position):
Wait for the price to adjust down to the support zone of 1.8936 - 1.5370 and look for an opportunity to open a buy position.
Risk management:
Set Stop Loss below 1.5000 level.
XRP/USD technical analysis
Function: Follow Trend.
Mode: Motive.
Structure: Impulse.
Position: Wave ((3)).
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Crypto Update
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Join this solana channel if you’re into sol trading
XRP’s Next Big Move? Levels to Watch for 30% Rally
In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP’s ascending trendline since late November 2024.
$12 Million Worth of XRP Outflow
However, this level appears to be crucial for investors and intraday traders, as they have been accumulating and betting on the long side, according to the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed an outflow of a modest $12 million worth of XRP in the past 24 hours.
This outflow from exchanges indicates potential accumulation, which could create buying pressure and drive further upside momentum. Historically, this level has acted as a strong price reversal, which might explain the ongoing consolidation.
Traders Mixed Sentiment
On the other hand, intraday traders seem to be getting confused, resulting in the formation of similar long and short positions, as reported by Coinglass data. At press time, intraday traders holding long positions are over-leveraged at the $2.31 level, with $33.35 million worth of long positions.
Conversely, traders holding short positions are over-leveraged at $2.45, with $30.30 million worth of short positions. On-chain metrics indicate that traders appear to be confused, leading them to bet on both sides.
In this ongoing market uncertainty, XRP, the native token of Ripple Labs, appears to be consolidating within a tight range between $2.31 and $2.53 over the past few days. This consolidation serves as a crucial support level, reinforced by XRP’s ascending trendline since late November 2024.
$12 Million Worth of XRP Outflow
However, this level appears to be crucial for investors and intraday traders, as they have been accumulating and betting on the long side, according to the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed an outflow of a modest $12 million worth of XRP in the past 24 hours.
This outflow from exchanges indicates potential accumulation, which could create buying pressure and drive further upside momentum. Historically, this level has acted as a strong price reversal, which might explain the ongoing consolidation.
Traders Mixed Sentiment
On the other hand, intraday traders seem to be getting confused, resulting in the formation of similar long and short positions, as reported by Coinglass data. At press time, intraday traders holding long positions are over-leveraged at the $2.31 level, with $33.35 million worth of long positions.
Conversely, traders holding short positions are over-leveraged at $2.45, with $30.30 million worth of short positions. On-chain metrics indicate that traders appear to be confused, leading them to bet on both sides.
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Happy Valentine
Val signal for solana users
Coin name: MemeLove
Contract Address:
96oygwdHVoox1BTqNQn2hGk5H4YJEPhXUgtX4RPjpump
Buy now
MC : $12k
#share ⚡️
Val signal for solana users
Coin name: MemeLove
Contract Address:
96oygwdHVoox1BTqNQn2hGk5H4YJEPhXUgtX4RPjpump
Buy now
MC : $12k
#share ⚡️
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Coin:
BAKE/USDT
Position:
Long (5X-10X)
Exchange:
Any
Entry:
1. $0.2104
2. $0.1910
Targets:
1. $0.2152
2. $0.2205
3. $0.2310
Stop Loss:
$0.1810
BAKE/USDT
Position:
Long (5X-10X)
Exchange:
Any
Entry:
1. $0.2104
2. $0.1910
Targets:
1. $0.2152
2. $0.2205
3. $0.2310
Stop Loss:
$0.1810
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