Solana (SOL) Bulls Eye Control – Will Recovery Turn Into a Surge?

Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone. SOL price started a recovery wave after it tested the $195 zone against the US Dollar. The price is now trading below $205 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it…

XRP Price Recovery in Focus – Can It Overcome Selling Pressure?

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Recovery Could Face Hurdles – Can Bulls Overcome Resistance?

Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,430 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,450 level in the near term. Ethereum Price…

Bitcoin Price Stabilizes – Is This the Start of a Comeback?

Bitcoin price is still showing bearish signs below $112,000. BTC is now attempting to recover and might face hurdles near the $110,500 level. Bitcoin started a fresh decline below the $112,000 zone. The price is trading below $110,500 and the 100 hourly Simple moving average. There was a break above a short-term contracting triangle with resistance at $108,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $110,500 zone. Bitcoin Price Starts Consolidation Bitcoin price attempted…

Polygon Approaches Make-Or-Break Point At $0.28 – What Could Happen Next

Polygon (POL) is approaching a critical juncture around the $0.28 mark, where recent momentum meets key resistance. The coming sessions could determine if buyers can push past this level for a breakout or if a pullback toward support near $0.26 will set the stage for consolidation.  Polygon Uptrend Faces Resistance At $0.28 GemXBT, in a recent update shared on X, highlighted that Polygon has been trending upward, showing encouraging strength in its recent performance. However, the chart now reveals that the price is approaching a crucial resistance level at $0.28,…

Crypto Adviser For The Ultra Wealthy Tells XRP Investors What To Do As Coins Turn To Real Money

A leading crypto adviser is sending an urgent message to XRP investors. Jake Claver, who advises the ultra-wealthy, says the time to prepare is before XRP becomes real money. He warns that too many investors wait until after profits arrive, and by then it may be too late to avoid problems. Claver explains that early planning could be the best way to protect XRP investor gains and keep them safe. According to him, waiting until the windfall is already in their wallet leaves them exposed and unprepared. Get Your Structure…

XRP Price Action Turns Bearish, Analyst Says Crash Below $1 Is Coming

XRP has struggled to maintain momentum over the past seven days and has had repeated failures to reclaim higher ground above $2.8. The weekly performance shows a decline of over 4%, and intraday movement in the past 24 hours has shown swings between $2.71 and $2.85.  This price movement is part of a selling pressure that has been building up since XRP lost its grip above $3 on August 28. Interestingly, a technical outlook suggests that this selling pressure might eventually cause XRP’s price action to crash down to $1.…

Binance establishes new payment entity Medá in Mexico

Key Takeaways Binance launched Medá, an IFPE entity in Mexico, backed by over $53 million to expand financial technology services. Medá aims to enhance financial inclusion and provide affordable transaction solutions for Mexican pesos within the Binance ecosystem. Share this article Binance has established a new entity in Mexico, Medá, which will operate independently as an Electronic Payment Funds Institution (IFPE) and focus on advancing financial technology services across Latin America. Medá, authorized and supervised by Mexican financial authorities, will facilitate deposits and withdrawals in Mexican pesos within the Binance…

Trump-backed World Liberty Financial’s WLFI token launches at $30B valuation

Key Takeaways World Liberty Financial launched its WLFI token with an initial valuation exceeding $30 billion. The project operates on Ethereum, has backing from Donald Trump, and its USD1 stablecoin is expanding across multiple chains. Share this article WLFI, issued by Trump-backed DeFi firm World Liberty Financial, went live on leading exchanges today at $0.3, giving the token a $30 billion fully diluted valuation. WLFI briefly surpassed $0.33 before retracing. At the time of writing, the token was trading at $0.29, with a market capitalization of $8.7 billion. It is…