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Crypto JK
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Coinbase has entered the Ethereum scaling race and is set to release Base, a Layer 2 network constructed with the
#OP
Stack protocol. This move brings about prospects as well as obstacles for Coinbase, while also being favorable news for
#Optimism
#crypto2023
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$MOVE finally making a move. Pun intended. LOL
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$VANA has already dipped -57.19% since it made ATH at $35.800. It already has retraced 58.83% from the total Fib measurement of its overall uptrend. Still waiting for a bounce at his point, but if it does, it could enter conso for awhile, unless jeeters are put to attest by whales. The 61.80% Fib level is also the 50% of the huge Bu-OB, so need to further observe if market will decide to tap that area or not.
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$VANA M30 Bullish Idea. Recent listing to major exchanges has pumped the market and now in a downtrend after making ATH earlier. Correction now has totaled to 39.49%, wherein if price bounces from hereon, it means the coin has continued its bullish momentum. VAL serving as strong support right now. Predicting the ranging price in case round 2 of the bullish push occurs. I have $44 and $49 price zones as potential targets. If price sustains trading above $25.5, an EMA GX scenario is likely. MACD currently showing weakened selling pressure. Still observing if lines would make a bullish median crossover soon.
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$VANA with that maxed out negative funding. Damn!
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✅ Ripple’s RLUSD stablecoin, pegged to $1, is seeing bids of up to 836 $XRP ($2,068) on onchain marketplaces ahead of launch. ✅Enthusiasts aim to be among the first holders, driving speculation. ✅ RLUSD launch on the XRP Ledger may cause brief price deviations due to low initial liquidity, but the peg is expected to stabilize. ✅ RLUSD debuts Tuesday with support from platforms like Uphold, MoonPay, Archax, and CoinMENA. ✅ Ripple CTO reassured that prices would return close to $1 once supply normalizes.
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