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#XRPETF Price Jumps. There’s Big ETF News for the Crypto.The price of XRP surged overnight on expectations that the world’s first spot exchange-traded fund tracking the cryptocurrency could soon begin trading in Brazil. $XRP
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$XRP Towards the approval of an XRP ETF in the United States? In the United States, several asset managers, including ProShares, Bitwise, Grayscale, WisdomTree, and Franklin Templeton, have filed applications with the SEC to launch XRP ETFs. The prediction platform Polymarket estimates the probability of approval at 86% by the end of 2025.   The arrival of futures contracts on XRP at the CME Group scheduled for May 19, 2025, is also seen as a strong signal in favor of integrating XRP into traditional financial products.
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$ETH The price of Ethereum against the dollar (ETH/USD) has had a turbulent journey throughout the second quarter of 2024, characterized by notable rises and falls. After achieving a 60% gain in the first quarter and testing the $4,000 levels, the beginning of the second quarter brought a correction towards the $3,000 levels.
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#TariffsPause A "tariffs pause" generally refers to a temporary suspension or delay in the implementation of new or existing tariffs. This can occur for various reasons, such as ongoing trade negotiations, political considerations, or economic factors. Based on recent events: * United States: The U.S. Administration, under President Trump, recently announced a 90-day pause on additional tariffs beyond a baseline 10% tariff for most countries. This pause, effective April 10, 2025, does not apply to China, for which tariffs were further increased to 145%. The pause is intended to provide an opportunity for negotiations with trading partners who have pledged to negotiate without retaliating. * European Union: In response to the U.S. delaying its reciprocal tariffs, the European Union also announced a pause on its planned countermeasures against U.S. tariffs on steel and aluminum imports. This suspension is in place until July 14, 2025, allowing space for EU-U.S. negotiations.
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$ETH Technical Analysis – $ETH (4H Chart) 1. Price Action: Current price: $1,773.28 Recent high: $1,834.60 Recent low: $1,385.05 $ETH has experienced a strong upward movement from around $1,385 to $1,834, suggesting a bullish breakout. Currently, the price is consolidating in a sideways range after reaching the local high, which might indicate a pause before the next move. 2. Support and Resistance Levels: Immediate resistance: ~$1,834.60 (recent high) Immediate support: ~$1,659.43 (previous range high) Next key support: ~$1,560.48 Consolidation is occurring between ~$1,659 and ~$1,834 3. RSI (Relative Strength Index): RSI (6): 61.59 Indicates slightly bullish momentum but not overbought—suggesting room for further upside. If RSI rises above 70, a correction or pullback might be expected. 4. Trend & Sentiment: The trend has turned bullish in the short term with strong momentum. Market sentiment appears positive as long as ETH holds above the $1,660-$1,700 support zone. Conclusion: ETH/USDT shows a bullish structure on the 4H timeframe, with healthy consolidation after a strong upward move. Watch for a breakout above $1,834 for further upside potential, while maintaining caution if price drops below $1,659, which could trigger a retracement toward lower support zones.
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