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President-elect Trump selects pro-Bitcoin advocate Stephen Miran to head his Council of Economic Advisers.
#DonaldJTrump
#MarketCorrectionBuyOrHODL?
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JUST IN :🔥 Grayscale announced several crypto assets that it is considering for future investment products, including $KAS $APT $ARB $TIA $HBAR $MNT SEI $S $STRK $TON TRX $AERO $BNB $ENA $INJ $JUP $ONDO $PENDLE $RUNE $DOGE $IMX $AKT $FET $AR $EIGEN $HNT $JTO $PYTH $WLD $SEI $BTC $TRX #AIXBT,COOKIE,CGPTOnBinance #NFPCryptoImpact #DOJBTCAuction
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XRP Faces Potential for Sharp Drop: Will It Test $1.50? ●Symmetrical Triangle Hints at 40% Correction XRP has tumbled 22.25% in the past month, slipping from its January 2018 peak of $2.90 to $2.26 as of January 10. Profit-booking, robust U.S. economic indicators, and a hawkish Federal Reserve have weighed heavily on the token's price. A symmetrical triangle on XRP's daily chart suggests a volatile breakout is imminent. Currently hovering near the upper boundary of the triangle, XRP risks sliding to $2.05 (its 50-day EMA). A decisive breakdown below the lower boundary could push prices to $1.36 by February, representing a 40% plunge. On the upside, a breakout above the upper trendline could propel XRP to $3.46. However, bearish sentiment persists, with large holders trimming their positions. Notably, wallets holding over 1 million XRP have reduced their holdings to 90.50 billion tokens—a significant drop from last year’s 100 billion. ●Will XRP Fall to $1.50? On the weekly timeframe, XRP continues to oscillate between $1.98 and $3.03, corresponding to critical Fibonacci levels. After rebounding from $1.98 support, its upward momentum has softened, with the token shedding 4% this week. The RSI remains overbought, signaling further downside risks. If bears take control, XRP could retest $1.98 support. A breach at this level may pave the way for a dip to $1.50, close to the 20-week EMA and near the 0.786 Fibonacci retracement level at $1.62. Alternatively, holding the $1.98 support could drive a recovery toward $3, with bullish traders projecting gains if momentum strengthens. Analyst Valeriya suggests, "The $2.15–$2.20 range is pivotal. Sustaining this zone may trigger a rally to $2.91. A break below it, however, could open the door to sub-$2 prices." $XRP #xrp #AIXBT,COOKIE,CGPTOnBinance #NFPCryptoImpact #DOJBTCAuction
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Bitcoin Vs Gold:💰 Bitcoin literally copies Gold in each movement, sometimes a bit lagging to follow $Gold on upside moves📈 #BTC just makes same ranges - 🟣violet ellipse, then come rallies - 🟢green ellipse $BTC is not done yet and more upside is coming IMO🚀 $BTC #GOLD #bitcoin #USJoblessClaimsDrop #ShareYourTrade
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BULLISH:💰 ETH is back to our accumulation Zone $3300 - $3000. Bullish Points for ETH : - Pectra Upgrade Q1 25 - Bullish Inverse H&S Pattern on ETH - Bearish H&S Pattern on BTC - BTC.D Dropping - Altcoin Season. ETF News Pumped ETH from $2.8k to $4k. Pectra News + ETF Inflow Expect ETH to reach $6.6k. BUY & HOLD $ETH
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Grayscale :🔥 Grayscale in its latest study classified cryptocurrencies such as $BTC, $LTC, $XRP as “stores of value” $BTC $XRP
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