XRP turned bearish after sellers took control of the price action earlier this month. Let’s examine a few different technical indicators that may provide important insights into where the market is currently at and where it might be headed next. Key Support levels: $0.43 Key Resistance levels: $0.54 1. Ripple Price Loses Key Support Unfortunately for bulls, the support at 54 cents was lost and has now turned into a key resistance. If buyers are unable to reclaim this level, then the XRP price has a good chance to revisit the key support at 43 cents. Chart by TradingView2. Momentum Turns Bearis ..read more

[PRESS RELEASE – Tokyo, Japan, April 25th, 2024] Leading crypto trading platform Bybit is hosting the Initial DEX Offering (IDO) for Slash (SVL), a decentralized payment protocol designed to transform how merchants and consumers use digital tokens for transactions. Immediately following the IDO’s conclusion, the SVL token will be listed on the Bybit spot exchange and made available for trading on April 29, 2024, at 10am UTC. To participate in the IDO, users must ensure they have a Bybit Wallet with at least 300 USDC on the MANTLE Chain and register between 10am UTC on April 22, and 10am UTC on ..read more

After a period of consolidation and corrective movements, Ethereum’s price has encountered increased selling activity, leading to a slight decline toward the 100-day moving average. The main question now revolves around whether Ethereum sellers will manage to break below this crucial moving average. Ethereum Price Analysis: Technicals By Shayan The Daily Chart A thorough analysis of the daily chart reveals that following an extended phase of corrective retracements, with the price testing the critical resistance region of $3.2K, the market experienced heightened selling pressure, resulting in ..read more

The virtual reality (VR) gaming world is back making headlines. 5th Scape, a new VR metaverse project on Ethereum, has raised over $5.5 million through its initial coin offering (ICO) as investors step in before the official launch. 5th Scape Primed to Launch Immersive VR Gaming Universe 5th Scape is a VR gaming platform that pushes the boundaries of how we experience entertainment and the metaverse. It will offer a gateway into ultra-realistic 3D gaming worlds, brought to life through cutting-edge graphics, precision motion tracking, and full-body immersion. 5th Scape’s gaming lineup transpo ..read more

Bitcoin’s price has failed to continue its rally beyond the $75K level and has been consolidating over the past few weeks. Yet, sooner or later, the direction of the next major move will be determined. Bitcoin Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price still ranges between the $60K and $70K levels, failing to break to either side. The Relative Strength Index has also been hovering around the 50% mark, pointing to an equilibrium in momentum. The BTC price is seemingly dropping back toward the $60K support zone. In this case, the level would likely fi ..read more

Pepe and Bonk grabbed the spotlight this week with wild strides on the price chart. Tokens like Dogwifhat and Cat in a Dogs world followed suit. But the rally seems to have come to a halt for high-cap meme coins. The attention is now on Slothana and Dogeverse. These new meme coins have raised $15M and $10M in their presales in a brief time. With Slothana’s presale sell-out just three days away, there is a significant shift in the market. $15M+ Presale and 25K Twitter Followers: The Slothana Movement is Gaining Strength The Slothana (SLOTH) presale was launched in March. In just a few days, it ..read more

[PRESS RELEASE – New York, New York, April 25th, 2024] Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO). With an illustrious career spanning over 20 years in finance, credit, real estate, and digital assets, Annelise will be responsible for developing and leading new business initiatives and partnerships across Web3 and beyond. At Kadena, Annelise’s role as Chief Business Officer is not just a new addition to the team but a strategic move to further propel Kadena’s growth within W ..read more

TL;DR Despite a recent downturn, analysts predict a potential rise in XRP’s price, forecasting it could reach between $1.20 and $1.80 by mid-year and possibly surge to $4 by September. The ongoing Ripple v. SEC trial, which challenges the classification of XRP as a security, could significantly impact the asset’s value, with positive developments potentially triggering a market rally. XRP’s Next Possible Moves Ripple’s XRP passed through severe turbulence in the past few months. Its price is up 6% on a weekly scale but remains down 20% over a 30-day period, currently hov ..read more

The industry has displayed several signs of recovery after a tumultuous crypto winter. Although Bitcoin and other major cryptocurrencies have received significant attention, stablecoins have also outpaced other asset types in terms of usage, accounting for more than half of all transaction volume in recent months. Chainalysis’ latest data suggests that stablecoins are becoming a true global asset. United States Leads Stablecoin Purchases The 2024 Crypto Spring report by Chainalysis reveals a significant surge in global demand for stablecoins. The United States led in purchases while witne ..read more

[PRESS RELEASE – Zug, SWITZERLAND, April 25th, 2024] Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem. Onramps from fiat to crypto have historically been one of the biggest pain points with regard to DeFi accessibility. Thanks to the tireless builders who identified this issue early on, and have been working with regulators, credit card issuers and other payment infrastructure providers, the high barriers to crypto entry are about to be a thing of ..read more