Could Bitcoin hit $110,000 again?
Hi dears
I think Bitcoin will reach $110,000-$112,000 again in the next 13 days. We are actually forming a head and shoulders pattern.
What do you think?
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Cryptocurrency
5 Wave Structure completeIt seems like BINANCE:OMUSD has completed its final 5th wave, are we about to finally enter the correction phase? OM has been really strong in its rally considering the rest of the cryptospace has been lagging behind.
XRP vs XDC - What One Is Best To Invest In?I have been asked, is XRP a better investment or is XDC. For starters, if you have $1,000 to invest, you can sure own many more tokens of XDC than XRP, but does that matter in the end?
Current XRP Price: $2.81 $1,000 = 355 tokens
Current XDC Price: $0.09 $1,000 = 11,111 tokens
XRP Overview
Purpose : Designed for fast, low-cost cross-border payments, primarily targeting financial institutions.
Key Features :
Transactions settle in 3–5 seconds with a capacity of 1,500 transactions per second (TPS).
Uses the Ripple Protocol Consensus Algorithm (RPCA) for efficiency.
ISO 20022 compliant, aligning with global financial messaging standards.
Market Position :
Strong partnerships with banks and fintech firms (e.g., RippleNet's expansion into digital asset custody).
Faces regulatory challenges (e.g., SEC lawsuit), but a favorable outcome could boost adoption.
Current market cap :
~$130 billion (as of recent data), with high liquidity and a circulating supply of ~57 billion XRP.
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XDC Overview
Purpose :
Focuses on enterprise solutions, particularly trade finance, supply chain, and real-world asset (RWA) tokenization, using a hybrid blockchain (public and private).
Key Features :
Supports 2,000 TPS with low transaction costs (e.g., ~$0.00000084 per transaction).
Uses XinFin Delegated Proof of Stake (XDPoS) for scalability and efficiency.
ISO 20022 compliant, making it suitable for enterprise and government use.
XDC 2.0 enhances scalability and supports permissioned blockchains for privacy.
Market Position:
Growing adoption in trade finance and partnerships with entities like Securitize and SBI Holdings.
Current market cap : ~$1 billion, with a circulating supply of ~14.9 billion XDC, indicating room for growth.
Focuses on niche enterprise use cases like supply chain transparency and healthcare data management.
Key Differences
Use Case :
XRP: Optimized for liquidity and cross-border payments (e.g., bank-to-bank transfers), smart contracts, and Real-World Asset (RWA) tokenization (e.g., tokenizing bonds or gold). FOREX e.g. RLUSD, RLEUR, RLGBP, RLJPY, etc.
XDC: Tailored for trade finance, smart contracts, and Real-World Asset (RWA) tokenization (e.g., tokenizing bonds or gold).
Transaction Speed and Cost :
XDC offers higher TPS (2,000 vs. 1,500) and lower costs, making it more scalable for high-volume enterprise applications.
Supply and Valuation :
XRP has a larger supply (100 billion max) and higher market cap, reflecting broader adoption but potential dilution.
XDC’s smaller supply (37.95 billion total) and lower market cap suggest higher growth potential if adoption accelerates.
Regulatory and Adoption:
XRP faces legal uncertainty in the U.S., but its established partnerships give it an edge in payments.
XDC’s focus on compliance and enterprise solutions positions it well for regulatory acceptance, especially in trade finance.
Market Adoption and Success Potential
XRP’s Strengths :
Established in cross-border payments with deep liquidity pools, making it ideal for banks and payment providers.
Partnerships with major financial institutions and RippleNet’s expansion enhance its credibility.
A positive outcome in the SEC lawsuit could trigger significant price growth and adoption.
Challenges: Legal risks and competition from other payment solutions (e.g., Stellar, XinFin Fintech aka XDC) could hinder growth.
XDC’s Strengths :
Niche focus on trade finance and RWA tokenization aligns with growing demand for blockchain in enterprise solutions.
High TPS, low costs, and hybrid blockchain model make it attractive for scalability and privacy.
Recent upgrades (XDC 2.0) and partnerships (e.g., with governments and financial institutions) signal strong growth potential.
Challenges: Limited mainstream awareness and competition in the enterprise blockchain space (e.g., from Ethereum, Hyperledger).
Which Token Will Be Most Successful?
Short-Term (1–2 years) :
XRP is likely to outperform due to its established market presence, high liquidity, and potential legal clarity, especially if you focus on short-term XRP trading. However, ongoing regulatory uncertainty could cap its growth.
Long-Term (3–5+ years) :
XDC has higher growth potential if it capitalizes on enterprise adoption, particularly in trade finance and RWA tokenization, which are expanding markets.Its lower market cap and smaller supply could lead to significant price appreciation if adoption scales (e.g., posts on X suggest XDC could see 10x–100x growth if it matches XRP’s market cap).
Verdict :
For your short-term XRP trading, XRP’s established position makes it a safer bet for immediate gains, especially if legal hurdles clear.
For long-term holding, XDC’s niche focus and undervaluation make it a compelling choice for higher upside, provided it achieves mainstream enterprise adoption.
Diversifying between both could balance short-term stability (XRP) and long-term growth (XDC), aligning with your trading and holding strategies. XDC is one of those tokens that you purchase $1,000 worth, move them to a cold wallet and forget about it for a couple of years.
XRP - Beginning to Show Some HopeAs we wrap up the work week (February 14th) we have seen some recent progress upward for XRP. This week, XRP experienced a mix of significant events and market movements.
Price Fluctuations : XRP's price dropped by 22% this week, with technical indicators showing both bearish pressure and signs of potential stabilization. The Relative Strength Index (RSI) suggests growing buying interest, indicating a possible shift in momentum. Despite the overall drop, XRP experienced a significant price movement, gaining approximately 42% from the low of the week to the high today. For a while, XRP had remained in a consolidation phase between USD $1.78 support and $2.48 resistance. Today we saw some progress with XRP briefly touching $2.83, which was a welcoming sight.
Whale Activity : There was a surge in whale activity, which then stabilized. This indicates a consolidation phase that could signal either renewed confidence or profit-taking among large holders. This whale activity might be large Financial Institutions trying to remove the retail traders from the picture while securing more XRP at a major discount.
Regulatory Developments : The US Securities and Exchange Commission (SEC) acknowledged Grayscale’s XRP Trust 19b-4 filing, suggesting potential spot XRP ETF approval. This development sparked renewed interest from market participants.
Market Resilience : Despite market volatility, XRP showed steady growth, driven by policy announcements and the SEC’s decision on Grayscale’s XRP ETF application. Analysts remain optimistic about its future trajectory.
Institutional Adoption : Increased institutional interest and trading volume were observed, with XRP briefly reaching a price of $2.83 amid these developments.
Overall, XRP has shown resilience amid market volatility, with significant regulatory and institutional developments shaping its trajectory.
Trading Volume : This week, XRP's trading volume saw significant activity. Over the past 24 hours alone, XRP's trading volume surged by an impressive 24%, amounting to over $5.48 billion in transactions. This increase in activity highlights growing interest among market participants and reflects heightened user engagement.
Forecast: It appears that USD $2.31 is stabilizing as the new base with a potential support level of $1.81. On the upper side, the first area of resistance is firming up around $3.20 with an upper resistance of $4.34.
BTCUSD: Crossing of 4H MA100 brings enormous rally.Bitcoin has turned neutral on its 1D technical outlook (RSI = 50.096, MACD = -559.600, ADX = 41.025) as it is rising aggressively today and just hit the 1D MA50. This is its major Resistance level, which when crossed has caused the two main rallies of 2025 so far. The first (Dec 30th-Jan 7th) crossed the 0.618 Fibonacci before pulling back, while the second (Jan 9th-Jan 20th) made a full +20% rally. As you realize, if we do get a 1D candle close over the 1D MA50, the target for the modest scenario of Fib 0.618 is TP1 = 103,500 and if it continues (which as some point it will since the Bull Cycle has at least another 6-9 months more) for the good case scenario of +20%, the target will be TP2 = 113,000.
See how our prior idea has worked out:
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BITCOIN (BTCUSD): Deep Consolidation
Many of the members asked me to provide the updated analysis for Bitcoin.
The main problem with BTC is that the market is currently in a deep
consolidation.
Since the beginning of the month, the market is barely moving,
forming candles with tiny bodies and long tails.
The price is currently stuck within a narrow range on a daily.
For now, the best signal that you should wait for is the breakout
of one of the boundaries of the range, and a candle close below/above that.
The side of the breakout will accurately indicate the future direction of
the market and a real sentiment.
Be patient and wait for the signal.
❤️Please, support my work with like, thank you!❤️
XRPUSD Don't miss this rally to $12.500Last time we analyzed XRP (November 16 2024, see chart below), we called the start of the new Parabolic Rally of the Cycle:
As you can see it couldn't be more timely, as the rally started on the aggressive mode of 2017 and easily broke above last Cycle's Top. Since the 2017 is the path it chose, we take a closer look today between the two Cycles in order to formulate the next Target.
XRP's 2017 Cycle is characterized by three separate rallies and amazingly enough, all three have been of around +1300%. Assuming the 2025 rally phase holds the same degree of symmetry among its different rallies, we can assume that since November - January has shown a +600% rise roughly, we should be expecting the new that is starting to be of the same % increase.
This gives us a $12.500 Target.
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Phemex Analysis #59: How to Trade TRUMP Like a ProNot long ago, PHEMEX:TRUMPUSDT.P coin was the talk of the crypto world, soaring to a staggering $83 in a spectacular rally. But as with every euphoric rise, the pullback was inevitable. TRUMP plunged to $14, leaving many traders wondering—was the hype over?
Yet, in the ever-unpredictable world of crypto, nothing stays still for long. TRUMP has shown signs of life again, bouncing back to $18.8. Now, the burning question is: Is this the beginning of another explosive rally, or is more downside ahead?
Let’s explore these possible scenarios and how you can trade TRUMP like a pro.
Possible Scenarios
1. Price Bouncing Back Strong
Momentum traders are eyeing a potential comeback as TRUMP attempts to reclaim lost ground. If the rally continues, key resistance levels to watch include:
• $20.5 – The first major resistance; breaking above this level could trigger a short-term rally.
• $28.3 – A key psychological level where profit-taking may occur.
• $43.8 – A critical resistance point; if TRUMP reaches this zone, it could attract significant buying interest and FOMO-driven momentum.
Pro Tips:
• If TRUMP breaks above $20.5 with high volume, consider entering a long position.
• As price approaches $28.3 and $43.8, take partial profits to secure gains while keeping exposure to further upside.
• Use trailing stop-losses to protect profits in case of sudden reversals.
• If price fails to break resistance levels, consider reducing exposure or waiting for a better entry.
2. Bearish Drop – Another Leg Down?
Despite the recent bounce, the market remains uncertain. If TRUMP fails to hold $14 and breaks below it with high volume, it could signal renewed bearish pressure.
Key psychological support levels to watch:
• $10 – A major round-number support level where buyers may step in.
• $5 – A historical low that could serve as a strong accumulation zone.
Pro Tips:
• If TRUMP breaks below $14 with high volume, consider shorting the asset to capitalize on further downside.
• For dip buyers, wait for signs of stabilization at $10 or $5 before entering. A strong bounce off these levels could present a great buying opportunity.
• Watch RSI and volume—if TRUMP drops on low volume with RSI divergence, it may indicate a potential bottom formation.
Final Thoughts
TRUMP coin remains a highly volatile asset, offering both risk and reward for traders. Whether it stages a strong recovery, drops to new lows, or consolidates in a range, staying patient and adapting to market conditions is key.
• For bulls – Look for volume-driven breakouts above resistance levels.
• For bears – Monitor price action near key supports and be ready to short if weakness prevails.
• For patient traders – Watch for confirmation signals before committing to a trade.
Crypto markets are unpredictable, but with the right strategy and discipline, you can trade TRUMP like a pro.
Would you go long, short, or stay on the sidelines? Drop your thoughts below! 🚀📉
Pro Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
XLMUSD Is this its Cycle Top??Stellar (XLMUSD) is picking up the bullish sentiment today having just completed a Golden Cross on the 1W time-frame. Last time we viewed this (November 01 2024, see chart below), we gave a strong buy signal, which paid off immediately:
Having failed to cross above the Lower Highs trend-line though, we are now more concerned as the last 1W Golden Cross (March 01 2021) was formed just 40 days before the Top of the previous Bull Cycle.
As long as the price trades below the Lower Highs trend-line, the probability for a new bearish move is strengthened. What is also supporting this is that the 1W RSI resembles the pattern of both the May 2021 and January 2018 Cycle Tops.
At the same time though, it is quite similar to the May - September 2017 RSI pattern, whose XLM price action was nothing but a Bull Flag that after touching the 1W MA50 (blue trend-line), rebounded aggressively above the 1.618 Fibonacci extension slightly to form the Jan 2018 Cycle Top.
As a result, we recommend to resume buying only if the price breaks above the Lower Highs trend-line and target 2.2500 (the 1.618 Fib extension).
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Bongo/UsdtGATEIO:BONGOUSDT
If the price holds at 0.00858, the next resistance levels could be 0.012 🚀 or 0.016 🚀💥. If the price doesn't hold, though, support levels could drop to 0.0800 🔻 or 0.0545 🔻.
Not financial advice, just some chart analysis! 📊 Keep an eye on it! 👀
BTC (BITCOIN) IDEA IS HERE Hello Guy's Welcome To Another Day Of TRADING
Here we are mapping chart of BTCUSDT ( BITCOIN ) in 30-M TF
This chart shows Bitcoin’s price movement over time.
The Pattern: The price is moving inside a triangle shape, getting squeezed between two lines.
Resistance Zone: Bitcoin tried to go above $97,000 but got pushed down
RESISTANCE LEVEL. 96800/97000
TARGET WILL BE. 94000
If the price breaks below the lower line of the triangle, it may fall further, possibly to $94,000 or lower..
BITCOIN bounced on last Cycle's Pivot and targets $125k.Bitcoin (BTCUSD) has been consolidating every since the Double All Time High (ATH) formation of December and January. As we've pointed out in previous analyses, this is similar to the December 2023 - January 2024 consolidation.
What we haven't seen before and we bring it forward to you today, is that the January 2025 Low was priced exactly on the Higher Highs trend-line that emerged from the November 2021 and April 2021 Highs, i.e. the previous Cycle's tops!
To make things more interesting, we can see an identical Higher Highs trend-line that held the January 2024 Low (of the similar consolidation phase we discuss above) with an identical 1W RSI sequence as well. That was what initiated the February - March 2024 rally.
Assuming the current Low holds, BTC should kick start any time now the new 2025 Bullish Leg, which technically eyes the Higher Highs trend-line of the current Bull Cycle (dotted line). Even if it starts as early as this week, it should target at least $125000.
Do you think that is a plausible scenario, assuming the former Higher Highs trend-line, which has now turned to a pivot, holds? Feel free to let us know in the comments section below!
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No longs by far. 90-92K stands in focusMorning folks,
Last time we were speaking about possible upside bounce to ~102.5K area. But BTC has failed three attempts to move out from support level where it stands. Despite that upside momentum was not bad.
With the recent high CPI on the table and weekly DRPO "Sell" pattern on the back, we suggest that downside action could start at any time. First target will be ~90-92K area just because this is daily oversold. Weekly pattern suggest target around 80-81K.
By this reason we do not consider any new intraday longs by far. Besides, on daily chart today we could get bearish grabber that supports adea of 90-92K lows level.
TradeCityPro | ONDOUSDT Good Opportunity to Buy👋 Welcome to TradeCityPro Channel!
Let's go together to analyze and review one of my favorite projects that I plan to put in my spot portfolio and find its entry points together
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
In the weekly timeframe, it is one of the coins that has still managed to hold itself bullish and in the declines, its recent corrections have not yet fallen below the support of 1.2110, which is a good sign.
Also, it has corrected only two weeks after its listing and after the breakdown of the listed price, it has experienced a good move and Sharpe, which is also a good sign for this coin and this event has also caused a trend to form on this coin.
This upward trend, which we recently reacted to again, can help us a lot in the future, both in terms of reaction to it and in case of a breakdown of the trend line itself and any of the triggers on the chart can be a timely exit trigger for us in relation to the time of the breakdown.
To re-enter, we ourselves entered with a breakdown of 0.8456 and bought. For now, we continue to hold it. Our more reliable trigger is the breakdown of 2.0675. There is a risk trigger, let's also set a stop-buy with our previous weekly candle shadow and make our purchase with a stop loss of 0.8456
📅 Daily Timeframe
In the daily time frame, we are really in a better situation than the rest of the altcoins and we are fluctuating at a higher bottom than the rest of them, which still encourages me to be more bullish
The candle a few days ago that caused a drop in all altcoins led to a green candle and strong buyers' pressure in this coin, and it did not care about the corrections of a few days and it is in its range box
I myself will enter after the 1.6110 break and it is likely that the 2.0833 break will be sharp, so I will try to have a long futures position trigger or buy with this level, and with the ath trigger failure, I will simply raise my entry point and do nothing below 0.5683 for now I don't give
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
The Whales in Action on XRPAs I have been telling everyone who invests in CRYPTOCAP:XRP , the Financial institutions are trying to shake out retail traders, now we've got proof they're serious. When NY came online this morning (February 12, 2025) at 8:30 am ⬇️⬇️⬇️⬇️ we can see that these major institutions quickly dropped the market to take out all of the traders leveraged in XRP.
We have been seeing XRP stagnate between $2.50 and $1.79 for a while even though dozens of large announcements are happening every month. One day we will wake up and find XRP trading at $10.00. Buy low and sell high. Hold some of your XRP without trading it in a cold wallet because I know that we will see $100,000 XRP tokens in a few years. There is just too much momentum and too many Financial institutions, governments (CBDCs), corporations, and tokenization happening with the XRP Ledger (XRPL).
Stay strong and don't let the whales discourage you!
SHIBUSD The Death Cross may form the new bottom.Shiba Inu (SHIBUSD) is on the Bearish Leg of a 1-year Triangle pattern and is about to form a Death Cross on the 1D time-frame. The last 1D Death Cross (July 17 2024), caused one final pull-back to form the new bottom, which as you can see was on a Double Bottom 1D RSI.
The target of the Bullish Leg that emerged after this was the 0.786 Fibonacci retracement level. As a result, we will wait for these conditions to be fulfilled in order to buy and target on the medium-term 0.000026 (Fib 0.786).
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Phemex Analysis #58: How to Trade AI16Z Like a ProAI16Z ( PHEMEX:AI16ZUSDT.P ) has experienced extreme volatility, dropping from its $2.00 price level to a low of $0.2619. However, the price has since rebounded by 140%, reaching a recent peak of $0.6337, and is currently trading at $0.5012. This rapid recovery has sparked debate among traders—is it the right time to enter AI16Z, or is another drop on the horizon?
As one of the top 3 cryptocurrencies in the AI Agents category, AI16Z remains a key player in the AI-driven blockchain sector. In this analysis, we explore three possible scenarios for AI16Z’s price movement and provide strategic trading insights for each.
Possible Scenarios
1. Price Continues to Rise
If AI16Z maintains its bullish momentum, it could break through key resistance levels and push toward higher price targets. Traders should watch these resistance points:
$0.73 – First resistance level; a breakout here could lead to a stronger rally.
$0.89 – A key psychological level; breaking above this signals strong bullish sentiment.
$1.26 – A major resistance area; expect profit-taking around this zone.
$1.64 – If momentum remains strong, this could be a mid-term price target.
Pro Tips:
• Enter on a confirmed breakout above $0.73 with strong trading volume.
• Use trailing stop-losses to secure profits as price moves up.
• If AI16Z struggles to break above resistance, consider taking partial profits.
2. Price Drops Again
Despite the recent recovery, a renewed downtrend is still possible, especially if market conditions weaken. The strength of the decline will depend on volume and RSI behavior compared to February 6th.
High Volume & Lower RSI: If AI16Z drops below $0.26 with increasing volume and lower RSI (relative strength index), this could indicate further downside. In this case, it’s best to stay out of the market until a new support level is established.
Low Volume & Higher RSI: If AI16Z retraces to $0.26 but with decreasing volume and higher RSI, this could suggest price stabilization and the formation of a strong base. This would present an opportunity to buy AI16Z at a discount before the next upward move.
Pro Tips:
• Avoid catching a falling knife—wait for clear signs of stabilization before entering.
• If a base forms around $0.26, consider accumulating AI16Z with a dollar-cost averaging (DCA) approach.
• Watch the broader crypto market—if sentiment turns bearish, AI16Z may follow suit.
3. Consolidation Phase
If AI16Z neither surges nor crashes, it may trade sideways around the 50-day EMA (Exponential Moving Average). Consolidation often precedes a strong move in either direction.
Pro Tips:
• Monitor support and resistance within the consolidation range.
• Be patient and wait for a decisive breakout before committing to long or short positions.
• Use grid trading bots to take advantage of the price range until a clear trend emerges.
Final Thoughts
AI16Z remains a strong player in the AI Agents crypto sector, but its high volatility demands a strategic trading approach. Whether the price continues rising, drops again, or consolidates, staying disciplined and managing risk is crucial. Patience and proper analysis will help traders navigate AI16Z’s price movements like a pro.
Would you enter AI16Z now, or wait for further confirmation? Let us know your thoughts!
Pro Tips:
Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution.
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
Ripple's Global Expansion: From Stablecoins to Strategic BankIn the ever-evolving tapestry of the blockchain and cryptocurrency world, Ripple Labs has been weaving a new thread of innovation and expansion. Over the past two months, Ripple has not only introduced Ripple USD ($RLUSD), a game-changer in the stablecoin arena, but has also stitched together strategic partnerships that span continents. From enhancing payment corridors in Portugal to securing a foothold in the Middle Eastern financial landscape with Saudi Arabia's National Commercial Bank joining RippleNet, Ripple is redefining the boundaries of digital finance. Let's dive into the ripple effects of these groundbreaking moves.
Ripple USD ($RLUSD) Introduction
Ripple announced the introduction of Ripple USD, a fully-backed US dollar stablecoin on the XRP Ledger, enhancing functionality and opening new possibilities for developers.
Ripple USD Trading Availability
Ripple USD was made available for trading on platforms like ZeroHash and Revolut, expanding its reach and utility in the crypto market.
Ripple USD Launch on Global Exchanges
Ripple USD was launched on global exchanges, including MoonPay, Uphold, CoinMENA, Bitso, and Archax, aiming to provide instant global payments, seamless on/off ramps, and access to real-world asset value.
Partnership with Unicâmbio in Portugal
Ripple entered a partnership with Unicâmbio, Portugal's leading currency exchange provider, allowing corporate customers to move funds instantly between Portugal and Brazil using Ripple Payments.
New Money Transmitter Licenses in the U.S.
Ripple announced the acquisition of new Money Transmitter Licenses (MTL) in New York and Texas, alongside plans for growth in customer onboarding and hiring in the U.S.
Integration with Chainlink
Ripple USD ($RLUSD) adopted the Chainlink standard for verifiable data to enhance DeFi adoption by providing real-time, secure pricing data.
National Commercial Bank (NCB) of Saudi Arabia Joins RippleNet
The National Commercial Bank of Saudi Arabia, the second-largest bank in the Middle East by total assets, officially joined RippleNet, indicating a significant move for cross-border payment solutions using Ripple's technology.
With all of these announcements, XRP is still in a tight trading pattern between $2.50 USD at the upper end and $1.79 at the lower end. This tells me one thing. The large financial institutions are holding XRP trying to get as much as the can for themselves and trying to tire out the retail traders (us) so that we are out of the way. Any large corporation that had these many announcements, and high quality ones, over the last 60 days would have their stock soaring on Wall Street.
Although I cannot give any financial advice, I will tell you what I am doing. I keep 30% of my XRP long because we never know when things will change and we wake up to $100 XRP tokens. The other 70%, I swing trade. I AM NOT going short, again, you don't know when you place a "short" hoping for it to go to $2.00 and then it goes to $100. I exit to USDT, wait for it to drop 3-5% and then purchase "long". My goal is to increase the number of XRP that I own. XRP is a utility token that is being adopted by major financial institutions and will eventually be a SWIFT replacement. This will one day make XRP soar to BTC values. Remember, I was the guy that purchased BTC at $0.11 and sold at $0.54. I know you might get tired of me reminding you of this, but I don't want you to miss the XRP boat and say, "I should have listened to Tim."
TradeCityPro | BTC.D The Best Way to Find Alt Season!👋 Welcome to TradeCityPro Channel!
Let's go together to one of my favorite charts, which is actually a topic that has made the crypto market easier, and if it weren't for these dominances, I would probably go to analyze Forex together.
🌐 Overview Bitcoin
Before starting the analysis, I want to remind you again that we moved the Bitcoin analysis section from the analysis section to a separate analysis at your request, so that we can discuss the status of Bitcoin in more detail every day and analyze its charts and dominances together.
This is the general analysis of Bitcoin dominance, which we promised you in the analysis to analyze separately and analyze it for you in longer time frames.
📊 Weekly Timeframe
In the weekly time frame, Bitcoin dominance has had a very good upward trend and after the 39.40 to 47 percent box exit, this upward trend has begun, and I must also say that supply and demand There is no demand for this chart and many lines cannot be interpreted in it
After the resistance level of 54.20 was broken, we were bullish the entire time and this chart was practically telling us that it is better to go and pay attention to Bitcoin itself than to be involved in buying baskets and other things and Bitcoin itself is going to give more profit during this period
And another argument arises that if you pay attention, most altcoins are at their bottoms, while Bitcoin is completely above its ceiling of $69,000 compared to previous bull runs and only altcoins that were in a good position compared to Bitcoin were profitable, such as solbtc, and this shows that the time for strange profits for most altcoins has not yet come
When will this happen? When the market is bullish, Bitcoin dominance starts to fall and money flows from Bitcoin itself into other altcoins, and that is when altcoins are just starting to come alive and make a good move, like in 2021.
See the chart above, there is a chart that shows the fall of Bitcoin dominance in the weekly time frame, while the market has made a short correction and is going to record a new high again, and now the reaction of altcoins in this space is interesting.
Now we have the chart of this event. We see that during the fall of Bitcoin dominance, it was the time when the majority of the charts started to move, and altcoins experienced a Sharpe rise, and money flowed from Bitcoin into altcoins, and the btc altcoin pair became bullish, and this shows that we are witnessing alt season.
Now what happens? On the chart, I would say that we have entered the alt season? Weekly engulfing of Bitcoin dominance or a sharp decline and rest. On the other hand, I think we are at the end of the uptrend because there is really more money on altcoins and other events, and this money is staked, so we probably won't see any other numbers. On the other hand, when we reach 40%, we can say that our alt season is over!
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
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DOGE initiated the rally that will reach $1.00DOGEUSD is forming a support base straight after it breached but rebounded and closed over the MA200 (1d) on February 3rd.
The pattern throughout this Bull Cycle is a Fibonacci Channel Up and the bottom also took place on the 0.236 Fib which was were the rallies of October 2023 and January 2024 started.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 1.0000 (top of the Channel Up / Fib 1.0).
Tips:
1. The RSI (1d) hit the 30.00 oversold level. This has turned out to be an excellent but entry for Doge long term.
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CAR/USDT IS THE RETURN TO UP $0,30 on way?CAR/USDT IS THE RETURN TO UP 0,30 on the way?
Seems interesting to follow depending on volume (bottom scan) High-risk coin - Not for hold
This coin is only selected since there is an increase in volume expected.
KASUSD Channel Down bottom rebound. When to sell again?Kaspa (KASUSD) is trading within a (blue) Channel Down pattern since the July 31 2024 High. The formation only broke for 4 days last December. Last Monday, the price touched the bottom (Lower Lows trend-line) of the Channel Down and today we see the technical rebound reaction in full effect.
The 1D RSI turning oversold (<30.00) is a major part of this. The current Bullish Leg should target at least the 0.618 Fibonacci retracement level at 0.12500, as all 3 previous rebounds within the long-term Channel Down did.
It is very likely to see a rejection there, as it is the top (Lower Highs trend-line) of the diverging (dotted) Channel Down, which was initiated on the December 08 2024 High. We expect the bearish reversal to hit at least 0.07500, potentially at the same time the 1D RSI turns oversold again.
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Cow/UsdtBINANCE:COWUSDT
The cow price is currently at **0.4222** 🐄, approaching its resistance levels. Resistance is sitting at **0.5000** ⬆️ and **0.5555** 📈. If it breaks through these levels, it could indicate further upward movement 🚀, but keep in mind, this is just some analysis, not financial advice!
