.Current currencies send conflicting signals in early February following the stagnation of the market in January. Although the fourth quarter of 2023 was dramatically bullish. However, the trend has changed with a little interest in agreeing to the Spot BTC ETF boxes in the United States. Alternative currencies that showed great potential in December. Including the price of XRP has reduced some gains to the levels that were last seen in October and November.1. Can the XRP price rise as the Halfing Bitcoin event is approaching? As the investment funds circulated from the road, investors look forward to the next market. What in this case is the Halfing Bitcoin event. Although this event has a direct effect on bitcoin. However, it tends to launch a large -scale ascending market.. The Bitcoin Halfing event, which occurs almost every four years. To reduce the mass bonus by 50 %, which directly affects the dynamics of display. In theory. This programmed scarcity leads to high prices due to the principles of classic supply and demand.However, the effect on the price is not always immediate or written. Historically, price rises occurred months after the Halfing. Perhaps because of the anticipation and market courses.The former Halfing occurred in May 2020 when Bitcoin was traded at about $ 8,778. Subsequent increases in bitcoin caused a peak of about $ 69,000 after approximately 18 months after the event.. In addition, the effect of the Halfing extends beyond bitcoin. It often leads to bullish morale across the broader encrypted currency market, where investors are looking for high -growth alternative assets.However, returning price movements to the Halfing only is difficult due to the complex interaction between the market forces. Organizational changes, and the broader economic factors.While Halfing represents a long -term bullish bullish state of bitcoin and cryptocurrencies in general. Beginner and experienced traders must carefully consider these nuances and make a comprehensive technical and basic analysis before making investment decisions.. 2. The Ripple currency (XRP) fell to its lowest levels, the price of XRP returned to the levels that were last seen in November and October. This means that he tests the same support before the fourth quarter of $ 0.485 to $ 0.75. And as long as the bears respect the area of the congestion of buyers. The next step can reinforce the XRP, targeting the main landmarks at $ 0.6, $ 0.8 and $ 1.. Although the RSI index (RSI) is neutral at the time of writing this report. However, it approaches the peak of the sale, which means that the reflection of the direction is not far away.In this case, traders must search for successful bounces of the main support range between $ 0.54 and $ 0.48. Likewise, the average cost of dollars within this range would give investors the opportunity to not miss the next step.Above one dollar, the rise in the price of XRP can be equivalent and mainly moves it. (NYSE: GPS) were absent most of the currency holders from the previous height, as trading platforms and other main entities removed the inkin due to allegations of being a securities.. However, with the XRP acquittal by the court in July. It is unlikely that there is another time guarantee to obstruct the toxin from reaching the highest new level ever.Grzegorz Drozdz, market analyst at Conotoxia said. In a statement regarding the performance of the XRP price: "The partial solution to the conflict with the US Securities and Stock Exchange (SEC) can stimulate the growth of XRP in the near future.""The height in the world of encrypted currencies may be a blessing for XRP," Drozdz added. If other cryptocurrencies rise, XRP can ride the wave.. It is not possible to exclude more decline without support for the range because the price of XRP was not out of the danger. Moreover, stability is under the three emerging market indicators. The SIA moving average indicates for 20 days (EMA), and the SIA moving average for 50 days. The SIA moving average for 200 days indicates that the possibilities may still be in the interest of speculators and lead to a greater collapse of the basic support range between $ 0.38 and $ 0.4.$XRP #Followforemore

•Bitcoin rose significantly during these moments of trading, today, Monday, above the level of $53,000, after erasing all of its daily losses, to now rise by about 1.7% in the last 24 hours. •This comes in conjunction with MicroStrategy, a company that has made buying Bitcoin part of the company's investment strategy, purchasing another 3,000 or so of the largest cryptocurrency tokens by market capitalization this month for $155.4 million. •This brought the value of the company's holdings to approximately $9.88 billion, based on currency market rates. The most recent cash purchases were made between February 15 and 25, according to a filing with the U.S. Securities and Exchange Commission on Monday. This brings the company's total holdings to approximately 193,000 Bitcoin. •Michael Saylor, Chairman and Co-Founder of MicroStrategy, began buying Bitcoin in 2020 as an inflation hedge and an alternative to holding cash. Saylor said in an interview on Bloomberg TV last week that there was "no reason to sell" when asked when the company might sell its Bitcoin holdings. The value of the cryptocurrency has risen by approximately 460% since Saylor started buying. •The average purchase price was $51,813, while the average total ownership price was $31,544, according to the filing. •The value of the property briefly swelled to $10 billion earlier this month when the price of bitcoin reached its highest level in more than two years. •Meanwhile, Bitcoin is now up about 1.7% in the last 24 hours to $53,425, while Ethereum is up 1.9% to $3,157. Binance Coin increased by 2.7% to $397. #Followforemore $BTC

.The market value of all bitcoins in circulation during these moments of trading today, Wednesday, rose above one trillion dollars for the first time since late 2021, according to data available on the Investing Saudi website. This coincides with the combined market value of the digital currency market as a whole exceeding the $2 trillion barrier as well. . The cryptocurrency also broke through the $51,000 level during the day, the first time it has reached this price since December 2021. . Bitcoin was trading at around $51,630 during these moments, up about 3% in the past 24 hours. . Bitcoin continued its price rises that began in January last year. This year alone, Bitcoin has risen by more than 21%. . Bitcoin rose more than 150% in 2023, as markets awaited the US Securities and Exchange Commission's approval of Bitcoin exchange-traded funds – or ETFs – which eventually came in January of this year. . The price of Bitcoin fell after the launch of ETFs in the US. A new rally began in late January, with investors now looking towards the “halving” – a supply-restricting event of Bitcoin that occurs every four years and is scheduled to happen in April. . When a halving occurs, the rewards given to Bitcoin miners are cut in half, reducing the amount of cryptocurrency on the market. Historically, halvings have been preceded by Bitcoin reaching all-time highs in the following months. While Bitcoin's last record high was just under $69,000 in November 2021. . The latest leg of the rally appears to be driven in part by higher demand for ETFs. Newly released spot bitcoin ETFs recorded net inflows of $1.1 billion last week. . ETFs are an investment product that tracks the price movement of another asset, in this case allowing investors to trade Bitcoin without owning the underlying cryptocurrency. However, ETF issuers will need to buy and sell Bitcoin to support the derivatives. . Meanwhile, the crypto market has seen notable rises in the prices of other cryptocurrencies, with Ethereum, the currency linked to Ethereum, reaching $2,759.87, its highest level since May 2022. Investors are hoping that the Ethereum exchange-traded fund will be approved by the FCA. Securities and exchanges this year. . $BTC #Followforemore

.Ripple makes waves in the market through successive XRP sell-offs, leading to a more than 5% loss in value amid continuous declines..As per Whale Alert's data, a sizable 46,340,000 XRP was transferred to an undisclosed wallet on January 30th, equivalent to a staggering $24.7 million at the current market value. Further investigation conducted by AZC News revealed that this transaction was not an isolated incident but rather part of a continuous trend over the preceding day. XRP Reacts Swiftly to the Latest Developments.On January 28th, a noteworthy 27.7 million XRP, valued at more than $14.4 million, migrated from an unidentified wallet to Bitstamp. A parallel occurrence took place on January 29th, with 27.1 million XRP, totaling over $14.5 million, making their way from another mysterious wallet to Bitstamp. In summary, the cumulative XRP transferred to exchanges within the past three days exceeds 100 million, suggesting a potential intention for liquidation..In response to these recent developments, XRP's trading volume on Santiment exhibited a discernible surge starting from January 28th, coinciding with the initiation of significant transfers. On that date, the altcoin's trading volume reached $493 million. Subsequently, it surged to over $900 million on January 29th and skyrocketed to $1.2 billion by January 30th..As of the latest update, the trading volume has surpassed $1.8 billion, indicating a substantial uptick in trading activity over the past three days. The price trend aligns with this heightened trading volume, underscoring its influence on market dynamics..On January 29th, XRP concluded the day with a modest uptick, recording a gain of more than 2% in value. This followed a marginal decline of over 1% in the preceding day. However, a shift occurred over the subsequent two days, as XRP sustained consecutive losses. By the closing of trading on January 30th, its value had depreciated by over 4%, settling at approximately $0.51..As of the latest update, XRP continued to experience a decline of over 1%, with its current trading value hovering around $0.50. Adding to the bearish sentiment, the Relative Strength Index (RSI) approached the oversold zone, indicating a pronounced bearish trend..Ripple Traders Dial Down Aggression amid Market Shifts.The behavior of Ripple traders reflected a decrease in aggression. The Funding Rate for XRP exhibited a waning level of buyer enthusiasm, as illustrated by the Coinglass chart. Although the Funding Rate maintained a positive stance, it displayed a recent descent, settling at around 0.006% at the time of writing. Notably, the last instance of the Funding Rate reaching this low was observed on January 3rd, aligning with a notable price decline of over 6%.$XRP #Followforemore .

•The price of the Shiba Inu coin (Shiba Inu-SHIB) increased today by 1.5%, recording $0.000009628, amid an increase in the prices of the total value of the entire crypto sector by the same rate during the past twenty-four hours, so that the price of the currency stabilized at a weekly decline of 1.5%; However, the value of this well-established meme coin is still up by 5% compared to the last two weeks and by 12.5% ​​compared to its price 30 days ago. •Given the failure of the SHIB coin to achieve gains over the past year - as its value declined by 25% in 12 months compared to its current price - this coin is still undervalued, which may represent an attractive factor that can entice investors to buy it, and the SHIB coin is likely to move forward towards... A remarkable and imminent upward price rebound is achieved. •The Shiba Inu has regained some momentum recently; Although its value has declined slightly over the past two days, its price is likely to continue to perform well, as the 30-day moving average indicator (represented in yellow) continues to rise above its 200-day counterpart (represented in blue) after a period of decline. , which heralds the price regaining some momentum; This momentum is likely to continue for a period of time. •Source: TradingView Meanwhile, the Relative Strength Index (RSI) reading - represented in purple - has risen from 40 on February 6 to around 55 today, which makes it likely that the currency price will continue its upward path, and this possibility is reinforced by the medium-term support level ( Represented in green), it has continued to rise steadily since the end of 2023, which also heralds the possibility of price increases over the next few months. •Another positive indicator is that the daily trading volume of the SHIB coin has increased significantly since the beginning of this month, rising from approximately $65 million at the beginning of February to $230 million today. However, the trading volume of the SHIB coin is still very far from the levels recorded in December. Last December, approximately $750 million. •While the recent rise enhances the possibility of a continued recovery in the price of the SHIB currency, it remains one of the currencies that went through periods of overselling and is currently valued at much less than its real value, as we mentioned previously. •What is interesting is that some whales (major dealers in the sector) have purchased this currency in large quantities in recent weeks, which indicates their preference for an increase in the price of the SHIB currency. Compared to other meme currencies, the Shiba Inu system has relatively good financial and technical foundations, which were recently strengthened by the launch of the second-layer solution Shibarium network last summer. Decentralized identity tools are also being developed in the Shiba Inu technical system, in addition to the upcoming launch of the virtual world ( Its metaverse, these developments reinforce optimistic expectations for the future of the SHIB currency, as its value is likely to rise in conjunction with the general rises in the prices of all assets in the sector. $SHIB #Followforemore