Crypto analyst Crypto Paradise has predicted a short-term crash for XRP, potentially dropping to $1.6 due to a rising wedge pattern and broader bearish market trends. He warns of a bearish trap but suggests a high-risk short opportunity if resistance at $2.4-$2.5 holds. Conversely, analysts Ali Martinez and Joe present a bullish case, citing an inverse head and shoulders breakout and bullish wedge formation, with targets up to $2.90. XRP is currently trading at $2.28, down slightly in the last 24 hours, leaving traders divided on its next major move.
about XRP Price at Crossroads: Crash to $1.6 or Rally to $2.90?Joe
0 posts last weekMfers NFT Collection Inspires Animated Short The Normal Mfer Pilot Episode
The Normal Mfer, an animated pilot inspired by the Mfers NFT collection, follows a relatable character navigating life at 23 while living with his parents. Created by CC0 Studios, the show features humor and meme culture, aiming for 100,000 views to secure funding for more episodes. The protagonist’s awkward charm and daydreams add depth to his struggles, including a crush on the girl next door and familial pressures.
about Mfers NFT Collection Inspires Animated Short The Normal Mfer Pilot EpisodeConsensys and SEC Agree to Dismiss Lawsuit Over MetaMask
Consensys, the Ethereum software firm behind MetaMask, announced that the SEC plans to seek a dismissal of its lawsuit against the company, pending commissioner approval. CEO Joe Lubin expressed relief at the outcome, emphasizing the importance of defending blockchain developers against regulatory overreach. This development follows similar actions by the SEC to close cases against other crypto firms.
about Consensys and SEC Agree to Dismiss Lawsuit Over MetaMaskCryptocurrency Market Shows Resilience Despite Recent Corrections and Stagnation
Joe Weisenthal, co-host of Bloomberg’s “Odd Lots” podcast, remarked on the cryptocurrency market’s resilience, noting its performance is impressive despite a stagnant altcoin market cap compared to 2021’s peak. While Bitcoin’s market cap has grown, Ethereum’s dominance has dropped to around 10%. Despite a recent correction where major altcoins lost about 15% in a day, the total cryptocurrency market cap remains close to $3 trillion, contrasting sharply with the significant declines seen in SPACs.
about Cryptocurrency Market Shows Resilience Despite Recent Corrections and StagnationAsian stocks decline as oil prices rise amid US sanctions on Russia
Asian stocks declined on Monday, following a drop in U.S. markets due to positive job data raising inflation concerns. With Japan’s markets closed for a holiday, U.S. futures fell while oil prices surged over $1 a barrel after the Biden administration imposed significant new sanctions on Russia’s energy sector amid the ongoing conflict in Ukraine.
about Asian stocks decline as oil prices rise amid US sanctions on Russia