The X account of movie star Tom Holland was recently hacked, with attackers using it to falsely promote SPIDER cryptocurrency tokens and Spiderverse NFTs. The account, which boasts more than 7 million followers, was used by bad actors to announce…
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XRP Price Prediction – Will Bearish Trend Push Prices Under $0.50?
XRP price is struggling to recover above the $0.520 resistance. The price could gain bearish momentum if it breaks the $0.50 support. XRP is attempting a fresh increase and facing hurdles near $0.520. The price is now trading near $0.5150 and the 100 simple moving average (4 hours). There is a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish momentum if there is a close above the $0.520 resistance. XRP Price Aims Upside Break Recently, XRP price climbed above the $0.550 resistance and tested $0.570. A high was formed at $0.5705 before there was a pullback like Bitcoin and Ethereum. The price dipped below the $0.5250 support zone. It even spiked below $0.500 and tested $0.4980. A low was formed at $0.4990 and the price is now consolidating near the 23.6% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. It also trades near $0.5150 and the 100 simple moving average (4 hours). Immediate resistance is near the $0.520 level. There is also a major bearish trend line forming with resistance at $0.520 on the 4-hour chart of the XRP/USD pair. Source: XRPUSD on TradingView.com The next key resistance is near $0.5350 or the 50% Fib retracement level of the downward move from the $0.5705 swing high to the $0.4990 low. A close above the $0.5350 resistance zone could spark a strong increase. The next key resistance is near $0.570. If the bulls remain in action above the $0.570 resistance level, there could be a rally toward the $0.620 resistance. Any more gains might send the price toward the $0.680 resistance. More Losses? If XRP fails to clear the $0.520 resistance zone, it could start another decline. Initial support on the downside is near the $0.500 level. The next major support is at $0.490. If there is a downside break and a close below the $0.490 level, the price might accelerate lower. In the stated case, the price could retest the $0.460 support zone. Technical Indicators 4-Hours MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. 4-Hours RSI (Relative Strength Index) – The RSI for XRP/USD is now near the 50 level. Major Support Levels – $0.500, $0.4990, and $0.460. Major Resistance Levels – $0.520, $0.5350, and $0.570.
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AVAX Price Plans Bearish Trap Breakout With A Double Bottom
The post AVAX Price Plans Bearish Trap Breakout With A Double Bottom appeared first on Coinpedia Fintech News With the dreams of reaching $100 delayed, the AVAX price in the correction phase now aims to avoid any further correction below $30. As the downtrend now accounts for a 50% decline, the altcoin forms a bearish channel pattern in the daily chart. As the adamant buyers avoid a drop below $30, the underlying gear …
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Ftx-Voyager Settlement: Judge Gives the Green Light to $450M Deal, Spelling Relief for Voyager
The post Ftx-Voyager Settlement: Judge Gives the Green Light to $450M Deal, Spelling Relief for Voyager appeared first on Coinpedia Fintech News In a historic development, Voyager Digital has reached a crucial settlement with FTX and Alameda, resulting in the release of Voyager from a hefty $450 million repayment obligation. This monumental agreement on April 29th, sanctioned by Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware, aims to settle all claims …
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Apple Might Use OpenAI’s ChatGPT To Power The iPhone’s AI Chatbot
OpenAI and Apple are both reportedly holding discussions to power iPhone’s AI chatbot in iOS 18 with ChatGPT. Apple is reportedly holding discussions with OpenAI about using the startup’s AI The post Apple Might Use OpenAI’s ChatGPT To Power The iPhone’s AI Chatbot appeared first on BitcoinWorld .
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