In a recent update from COINOTAG News, March 4 marks a pivotal moment as President Trump confirmed the implementation of U.S. tariffs on Mexico and Canada. This announcement has incited
Samson Mow warns that if Trump’s crypto reserve includes random altcoins, it could accelerate market chaos, turning it into speculation rather than a real financial strategy. Samson Mow Analyzes Trump’s Crypto Reserve: Can the President Pick Any Coin? Samson Mow, a prominent bitcoin advocate and CEO of JAN3, voiced skepticism on March 3 on social
Despite recovering from bearish lows following its recent uptick, a crypto analyst has predicted that the XRP price could undergo a further decline in its price to $1.5. The analyst has pinpointed a critical resistance level that XRP will need to hold lest it crashes to new lows and eradicates recent gains. Analyst Predicts XRP Price Crash To $1.5 TradingView crypto analyst MadWhale has shared a new price analysis focusing on XRP’s future price potential. The analyst emphasized his strong track record of cryptocurrency trends, underscoring that he has accurately identified and hit all the gain targets. Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation MadWhale predicts that the XRP price could crash below $1.9 to $1.5. The analyst revealed that XRP is currently in a downtrend and has been making lower highs and lower lows, indicating a bearish structure. According to his price chart, the cryptocurrency is also trading within a descending channel and fast approaching a key resistance level. This critical resistance point at the $2 mark has been tagged as a psychological level where sellers are likely to emerge and trigger further downward pressure on the cryptocurrency. If a rejection occurs at this $2.00 resistance level, MadWhale highlights that the next support area and downside target will be around $1.90, representing a 17.62% value drop. If the resistance level fails completely and the $1.90 support level breaks, the TradingView crypto analyst has forecasted another major breakdown in the XRP price. He predicts that the cryptocurrency could experience a more profound decline of 35%, possibly dropping down to the next major support level at $1.5. This crash target aligns with the lower boundary of the descending channel in which XRP currently resides. MadWhale has revealed that the decline to $1.5 could serve as a pivotal point for price stabilization, hinting at a possible reversal in the cryptocurrency once bearish pressures wane. The analyst’s price chart also shows that XRP recently tested the upper boundary of the descending channel but faced a rejection near the resistance. The main daily resistance area for the XRP price is marked in red on the chart, suggesting that $2.6 is where selling pressure might occur. As of this writing, XRP is trading at $2.8, already significantly above MadWhale’s daily resistance area. Trump’s Crypto Reserve Plan Triggers Major XRP Price Surge After experiencing a significant price crash over the past few weeks, the XRP price seems to be recovering at an alarming pace. In just one day, the cryptocurrency saw a double-digit price surge, successfully reversing its previous downtrend. Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring Analysts have attributed this unexpected sharp surge to the recent United States (US) crypto reserve plan announced by Donald Trump. The US President had included XRP in his plans for a crypto reserve aimed at boosting the country’s debt strategy and crypto dominance. As news of this strategic plan spread, the XRP price saw a 24.5% increase, pushing its value significantly above the $2.5 threshold once again. Featured image from iStock, chart from Tradingview.com
According to recent data from Defillama, significant liquidation events are anticipated for Ethereum as the price fluctuates around key levels. When ETH hits approximately $1,908, $1,844, and $1,780, three substantial
The cryptocurrency landscape is ever-evolving, with investors keenly seeking the next asset poised for exponential growth. OFFICIALMAGACOIN , XRP , and Solana (SOL) have garnered significant attention, each presenting unique value propositions. This analysis delves into their potential trajectories leading up to 2025. THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! OFFICIALMAGACOIN: A New Entrant with Explosive Potential Launched recently, OFFICIALMAGACOIN has made a remarkable entrance by raising over $3.8 million within minutes during its presale phase. This rapid capital influx underscores strong investor confidence and suggests a robust demand for the token. The project’s exclusivity, being available solely through its official platform, enhances its scarcity and appeal among early adopters. XRP: Established Yet Facing Challenges XRP has long been a staple in the crypto market, primarily due to its focus on facilitating cross-border payments. However, ongoing legal challenges and regulatory uncertainties have somewhat dampened its growth prospects. While XRP maintains a solid user base, its potential for a 1000x increase appears constrained under current conditions. Solana (SOL): Technological Strengths with Reliability Concerns Solana is celebrated for its high-speed transactions and scalability, attracting numerous developers and projects to its ecosystem. Despite these technological advantages, Solana has experienced network outages, raising concerns about its reliability. While it holds promise, these issues may impact its ability to sustain the momentum required for a 1000x surge. Comparative Snapshot Cryptocurrency Ticker Price (USD) 1000x Potential Growth Stage OFFICIALMAGACOIN MAGA Presale High Early XRP XRP $2.21 Low Mature Solana SOL $138.33 Moderate Established Kaspa KAS $0.084254 Moderate Emerging TRON TRX $0.227624 Moderate Established DON’T MISS OUT—BUY NOW WITH MAGA50X FOR A 50% BONUS! Conclusion While XRP and Solana offer established platforms with their respective strengths, OFFICIALMAGACOIN’s explosive presale success and exclusive availability position it as a compelling candidate for substantial growth. Investors seeking high-reward opportunities may find OFFICIALMAGACOIN particularly appealing as we approach 2025. Seize the opportunity—explore OFFICIALMAGACOIN today at officialmagacoin.io . 🔹 Website: https://officialmagacoin.io/ 🔹 X/Twitter: https://x.com/officialMAGAx The post BITCOIN and XRP Investors, Pay Attention—Will OFFICIALMAGACOIN Shoot Up 50,000%? appeared first on TheCoinrise.com .
Ethereum price started a fresh decline from the $2,550 zone. ETH is now back below $2,200 and might decline further in the near term. Ethereum started a fresh decline below the $2,350 support zone. The price is trading below $2,250 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,160 and $2,250 resistance levels to start a recovery wave. Ethereum Price Dives 15% Ethereum price failed to clear the $2,550 resistance zone and started a fresh decline, like Bitcoin . ETH gained bearish momentum below the $2,400 and $2,350 support levels. There was a clear move below the $2,250 support zone and the 100-hourly Simple Moving Average. The price even dived below the last low and tested the $2,000 zone. A low was formed at $2,003 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $2,550 swing high to the $2,003 low. Ethereum price is now trading below $2,250 and the 100-hourly Simple Moving Average . On the upside, the price seems to be facing hurdles near the $2,080 level. The first major resistance is near the $2,150 level. There is also a new bearish trend line forming with resistance at $2,160 on the hourly chart of ETH/USD. The main resistance is now forming near $2,275 and the 50% Fib retracement level of the recent decline from the $2,550 swing high to the $2,003 low. A clear move above the $2,275 resistance might send the price toward the $2,350 resistance. An upside break above the $2,350 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,450 resistance zone or even $2,500 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,160 resistance, it could start another decline. Initial support on the downside is near the $2,020 level. The first major support sits near the $2,000 zone. A clear move below the $2,000 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,750 support level in the near term. The next key support sits at $1,640. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,000 Major Resistance Level – $2,160
The U.S. Securities and Exchange Commission (SEC) is undergoing significant staffing changes, including financial incentives for employees to resign, amidst a broader governmental adjustment strategy. As part of the Department
On March 4, 2025, Binance will suspend deposits and withdrawals of the Terra (LUNA) network token, as announced. This strategic decision aims to facilitate a crucial network upgrade and a
The SEC is among other US agencies that have been offering staff financial incentives to quit under Trump’s cost-cutting DOGE initiative.
The recent announcement of a U.S. “Crypto Strategic Reserve” has ignited a significant shift in the cryptocurrency market, as Bitcoin challenges its prior dominance. The move has generated both excitement