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Gala Games introduces Bolts McWhiffles, the master crafting squirrel in the VOXVerse. Learn about her unique skills and contributions. (Read More)
Bulls appear to be regaining control over the market again as the XRP price gears up for a potential rally to $6. According to a crypto analyst, this forecast is rooted in the Elliott Wave Theory, which indicates that Wave 5, which is the final and usually the most explosive leg up, is getting ready to run. Elliott Wave 5 Signals XRP Price Explosion In one of his latest Elliott Wave analyses, X (formerly Twitter) crypto expert Dark Defender forecasts a powerful rally for the XRP price, suggesting that the third-largest cryptocurrency could skyrocket to $6 soon. According to the analysis, XRP has been moving in a predictable wave structure since February 2025, and recent price action confirms the partial completion of the monthly Wave 5 bull pattern. Related Reading: XRP Price At $9 In September: Gann Angle Resistance Grid Predicts Surge The chart shows that since February, XRP has been following what Dark Defender refers to as the green path, aligning with the expected trajectory of the Monthly Wave 4. This wave has recently concluded after unfolding into five smaller sub-waves, highlighting a precise and structured technical behavior. The fourth sub-wave peaked at around $2.36, a level previously identified as a key confirmation point. As predicted, the XRP price bounced off this level before retracing to $2.07, forming the final leg of sub-wave 5 of the monthly Wave 4. XRPs current bullish setup reveals that the monthly Wave 5 is now in its early stages, with the drop to $2.07 possibly marking the bottom of the corrective structure. Dark Defender emphasizes that while Wave 5 has already begun, the larger upward move still awaits full confirmation, indicating that there may be significant room left for XRP to rally. Technical projections place the potential upside target of this Wave 5 near $6.85, representing a sharp bullish breakout if market momentum aligns with the expectations of the wave structure. Analyst Says The Real Bull Rally Is About To Begin The XRP price is approaching a major technical breakout, as crypto analyst CW highlights the emergence of a classic bull flag pattern. After experiencing months of consolidation, the analyst suggests that the next explosive leg in XRPs price action may be around the corner. Related Reading: XRP Price Still On Bullish Path To $5 As Long As This Level Holds The daily chart reveals a clear bull flag structure, formed after XRPs powerful rally in 2024 when its price jumped from $0.5 to over $2. This aggressive and unexpected move created the flagpole, followed by a multi-month period of consolidation, forming the descending flag pattern. Now, XRP is testing the upper boundary of the bull flag, trading just above $2.36 at the time of the analysis. A decisive breakout and close above the resistance trendline could trigger a fresh wave of bullish momentum. According to CW, this breakout would mark the beginning of a true bull rally for XRP. Featured image from Pixabay, chart from Tradingview.com
Tether Holdings has appointed Simon McWilliams as its new CFO as part of its efforts to enhance transparency and regulatory compliance.
The post Tether Appoints New CFO Amid Push for Greater Transparency appeared first on Kanalcoin.
Life changing money to those who waited, but not for those who sold early.
Shares in PacWest bank flash crashed by 27% on July 25 only to quickly recover in after-hours trading on the news it had merged with the Banc of California. PacWest Bancorp stock slumped from $10.33 to $7.50 in late trading on July 25, sparking concern among the finance and crypto community, with some asking if [...]
The post PacWest stock flash crash recovers after rescue merger with Banc of Cali appeared first on Crypto Breaking News.
MistTrack links CoinsPaid, AtomicWallet, and Alphapo incidents to North Korea's Lazarus Group. The hacks, totaling over $183M, highlight the need for robust crypto security. (Read More)
Today's top crypto jobs Philippines listings from Coins.ph, Coinut, CWallet, Merit Circle, and Enjin.
The post Crypto Job Listings | Coins.ph, Coinut, Enjin | Jan. 12, 2023 appeared first on BitPinas.
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox. (Read More)
Binance exchange, the world’s largest cryptocurrency trading platform, has tapped the services of Steven McWhirter as its global director of regulatory policy. (Read More)
App Store Outages and Missing Crypto Wallets: What to Do? BTCWires Explains In a world that offers services increasingly more interconnected, it should come as no surprise that things sometimes do not end up as planned – and yet, it does. Following an outage that rendered most apps and internal systems unavailable last Monday, March […]
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends [...]
The post Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket appeared first on Crypto Breaking News.
PacWest Bancorp shares dropped more than 56% during Wednesday’s extended trading. The California holding company’s share price declined following news
PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections.
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit new lows. Banking Industry on Edge as Pacwest Shares Sink [...]
The post Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry appeared first on Crypto Breaking News.
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