Crypto Update

There you go! #SPELL Hits Target 1 🔥 80% gains with just 10X leverage! This was a slightly risky trade, but @xrpscripts nailed it once again with precision. More wins to come!

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Coin: Ethena (ENA/USDT) Position: Long(10X-20X) Exchange: Any Entry: 1. $0.71 2. $0.66 Targets: 1. $0.82 2. $0.94 3. $1.04 Stop Loss: $0.59

Coin: SPELL/USDT Position: Short (3X-10X leverage) Exchange: Any Entry: 1. $0.00171 2. $0.00182 Targets: 1. $0.00162 2. $0.00149 3. $0.00138 Risky trade, kindly use minimum amount of capital

Ripple CEO clears accusations regarding lobbying, says XRP should be included in US crypto reserve Ripple CEO Brad Garlinghouse suggested a multi-asset US crypto reserve as against a Bitcoin-only reserve. Ripple announced a partnership with Ondo Finance to launch OUSG on XRP Ledger.  XRP tested a bullish pennant resistance as it eyes a potential rally above $4. XRP saw slight gains on Tuesday after Ripple CEO Brad Garlinghouse dismissed claims that he lobbied against a Bitcoin strategic reserve. Instead, he emphasized the need for a multi-asset US crypto reserve strategy. Meanwhile, Ripple announced its partnership with Ondo Finance for the latter to launch its Ondo Short-Term US Government Treasuries (OUSG) on the XRP Ledger. Ripple's Brad Garlinghouse discusses the importance of diversified crypto-asset reserve Ripple CEO Brad Garlinghouse confirmed that he had advocated for the possibility of the US government to include XRP as part of its digital asset reserve. In an X post on Monday, Garlinghouse stated the importance of diversification, arguing that any reserve should reflect the broader cryptocurrency industry rather than focusing on Bitcoin or any single asset. "We live in a multichain world, and I've advocated for a level-playing field instead of one token versus another. If a government digital asset reserve is created, I believe it should be representative of the industry, not just one token — whether it be BTC, XRP or anything else," Garlinghouse stated.  He also dismissed claims that his push for XRP's inclusion in the US crypto reserve aimed to undermine Bitcoin. Market commentator Walter Bloomberg stated that Garlinghouse cleared the air on his alleged stand against a Bitcoin strategic reserve.

Coin: ACH/USDT Position: Short 3X Exchange: Any Entry: 1. $0.038 2. $0.049 Targets: 1. $0.034 2. $0.030 3. $0.026 This is a Risky play, kindly use 4% of portfolio max!

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP momentum indicators hint at correction Bitcoin price is nearing its key support of $100,000; a firm close below would lead to a dip to the $90K mark. Ethereum price approaches its 200-day EMA at $3,136; a firm close below would lead to a correction. Ripple price is sliding toward its ascending trendline support; a close below would lead to a decline. Bitcoin (BTC) and Ethereum (ETH) are approaching their crucial support levels on Monday; a firm close below would lead to a correction. Ripple (XRP) price follows BTC and ETH as it nears its ascending trendline; a close below would lead to a pullback ahead. Bitcoin bulls show signs of exhaustion Bitcoin price reached a new all-time high of $109,588 last week but failed to maintain its upward momentum. BTC started declining slightly since Saturday and fell 2.22% until Sunday. At the time of writing on Monday, it continues to trade down, approaching its key support level of around $100,000. If BTC closes below the $100,000 level, it could extend the decline to test its next key support around $90,000. The Relative Strength Index (RSI) indicator on the daily chart reads 51, slightly above its neutral level of 50; however, it points downwards, indicating a weakness in bullish momentum. The Moving Average Convergence Divergence (MACD) indicator is also converging. If the MACD flips to a bearish crossover on a daily basis, it would give sell signals and suggest a downtrend.

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XRP lose steam, risks 20% decline despite Donald Trump's presidential executive order XRP investors realized over $500 million in profits in the past 48 hours. Short-term holders are responsible for most of the selling activity following CME's clarification on XRP futures. XRP could decline nearly 20% to $2.62 as bulls show signs of exhaustion. Ripple's XRP declined 3% in the early trading hours on Friday as on-chain and technical indicators signify that bulls are losing steam. XRP short-term holders show weakness, books over $500 million in profits XRP showed no signs of recovery despite the positive developments of US President Donald Trump signing an executive order to establish a Presidential Working Group on digital assets. The market weakness could stem from disappointments after the Chicago Mercantile Exchange (CME) clarified that it hasn't decided to launch futures contracts for XRP, according to Fox Business's Eleanor Terrett.

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Solana's price could see 3,000% growth by 2030, thanks to its ‘iPhone moment' Bitwise Europe’s bullish forecast sees Solana surging 30x by 2030.

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Coin: ENA/USDT Position: Long (5X-20X) Exchange: Binance/Bitget Entry Points: 1. $0.83 2. $0.71 Targets: 1. $0.91 2. $1.04 3. $1.30 Note: High volatility expected. Adjust position sizing accordingly. We would be Accumulating this

JUST IN: 🇸🇻 Tether $USDT to relocate to El Salvador. @cryptoopdate

Coin: $CORE Position: Long (5X Leverage) Exchange: Bitget Entry Points: 1. $1.025 2. $0.95 Targets: 1. $1.10 2. $1.22 3. $1.70

Coin: ENA/USDT Position: Long (5X-20X) Exchange: Binance/Bitget Entry Points: 1. $0.93 2. $0.82 Targets: 1. $0.99 2. $1.10 3. $1.30 Note: High volatility expected. Adjust position sizing accordingly. We would be Accumulating this

MANTA/USDT Coin: MANTA/USDT Position: Long(5X- 20X) Exchange: Binance Entry Points: 1. $0.78 2. $0.71 Targets: 1. $0.85 2. $1.00 3. $1.32 Note: High volatility expected. Adjust position sizing accordingly. Members, we would be accumulating more for this Bull Run

JUST IN: Ripple CEO Brad Garlinghouse meets with President-elect Trump. Bullish 😎🤔?

XRP investors cash out $1.600 Billion amid market stagnation on Arbitrage Trading XRP investors cash out $1.6 billion in profit-taking amid six weeks of stagnation, with arbitrage trading holders providing key support against further decline. XRP investors have shown increased frustration over weeks of price stagnation, with profit-taking activity surging to $1.6 billion in just 24 hours on arbitrage trading. Nearly 695 million XRP tokens were sold, signaling growing dissatisfaction among holders. This trend, common during prolonged consolidation phases, often results in heightened selling pressure and limited upward movement. Despite this selling activity, long-term holders remain resilient, providing a stabilizing force for XRP. The MVRV Long/Short Ratio indicates that these investors are still sitting on profits, which helps prevent sharper declines in value. Their continued confidence plays a key role in maintaining critical support levels, even as short-term traders exit their positions. The ongoing consolidation period has limited XRP's growth potential, with repeated failures to break through key resistance levels. For weeks, the token has remained trapped within a narrow price range, unable to regain momentum. Without a significant shift in market sentiment, this pattern of sideways movement is likely to persist. However, increasing selling pressure could jeopardize XRP's support zone. If this level fails to hold, the market outlook could quickly shift from neutral to bearish, leading to potential losses for investors. Long-term holders’ resilience remains the critical factor in maintaining stability amid the current market conditions. In summary, XRP continues to face challenges due to ongoing investor frustration, rising profit-taking, and stagnant price movement. While long-term holders provide a safety net, any significant increase in selling pressure could disrupt the delicate balance currently holding the market steady.                              By weekend or next week we will provide guides on Xrp arbitrage trading. @cryptoopdate