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$FTM /USDT Technical Analysis: Bullish Breakout in Progress
FTM/USDT is displaying strong bullish momentum, currently trading at $0.7920 with a 15.54% increase in the last 24 hours. The pair has surged from a low of $0.6634, breaking through multiple resistance levels and reaching a high of $0.7975. This sharp upward movement is backed by significant trading volume, indicating strong buyer interest.
Key Levels to Watch:
Resistance:
$0.8000 ā A critical psychological level. A breakout above this could trigger further gains toward higher targets.
Support:
$0.7550 ā The nearest support level. If a pullback occurs, this zone will act as the first line of defense.
$0.7200 ā Strong secondary support to monitor for any deeper corrections.
Trade Setup:
Entry Point: Around $0.7900
Targets:
Target 1: $0.8200
Target 2: $0.8500
Stop Loss: $0.7400
Market Insights:
The breakout is supported by rising trading volume, which suggests that buyers are firmly in control. If FTM sustains its momentum and breaches the $0.8000 resistance, it could aim for $0.8200 and $0.8500. However, a failure to hold above $0.7550 might lead to a short-term consolidation phase.
Recommendation: Traders should monitor the $0.8000 level closely for breakout confirmation. Tight risk management is essential to safeguard against potential reversals.
š„Trump Is About to Adopt Ripple - XRP for the US Dollar
The stage is set for Ripple and XRP to play a monumental role in the US financial system under Donald Trumpās leadership. As the 2025 bull market gains momentum, XRP is already rallying, reaching $1.90, with potential to soar even higher. The alignment of multiple catalysts, from regulatory shifts to technological adoption, positions XRP at the forefront of this revolution.
Key developments include Gary Gensler stepping down as SEC chair in January, paving the way for regulatory clarity. Rippleās RLUSD stablecoin, soon to be approved in New York, is a game-changer, offering trust, utility, and a foothold in the $196 billion stablecoin market. Ripple plans to integrate RLUSD and XRP into its payment solutions, directly impacting XRPās network volume and price.
Rippleās strategic position extends beyond stablecoins. With over 1,700 non-disclosure agreements signed with financial institutions, Ripple is ready to revolutionize global payments. These partnerships, once unveiled, could trigger unprecedented adoption of XRP. Additionally, the SEC caseās potential dismissal would further unleash XRPās potential, validating its utility and spurring market confidence.
Trumpās administration is also poised to embrace crypto innovation. Discussions are underway to make the US a global leader in digital assets, with plans to expand CFTC oversight and establish a dedicated crypto policy position. This shift aims to ensure the US dollar remains the global reserve currency while fostering growth in the digital economy.
Rippleās technology aligns perfectly with these goals. Its cross-border payment solutions and RLUSD stablecoin offer unparalleled efficiency and scalability, making it an ideal backbone for Americaās digital transformation. With Trump prioritizing crypto-friendly policies, Rippleās prominence in the restructuring of the financial system is inevitable.
#XRPTrends #XRPGoal
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