Precio de Echelon PrimePRIME

The XRP price is struggling, having dropped more than 10 percent in the last week from $2.33 to $2.10, just above the $2 barrier. This short-term down movement, though, is likely to be a reversal as per chart patterns. The chart plots a falling wedge pattern, which is typically a signal of an imminent breakout. Given this configuration of lower highs and lower lows from April 28 to May 6, an immediate focus of attention is whether a breakout above $2.14 would spark a recovery toward $2.36, a projected increase of 10%. Now, XRP price trades near the 61.80% Fibonacci retracement level at $2.13 inside an important demand zone between $2.13 and $2.14, as mentioned in our last news story. The 4-hour chart shows a warning of a potential death cross given by the 50 and 200 EMAs, which seems like a touch, but an RSI near the oversold boundary suggests falling momentum, but a bullish reaction is also possible. This means that in case the wedge pattern confirms an upward breakout, the price could see short-term movement towards $2.50, as depicted by Fibonacci indicators. Under favorable conditions, the extended targets extend from $2.75 to $3.15. Not taking the support in the current structure can push it down to the 50% Fibonacci level at the $2 mark. Other than that, Ripple in its Q1 2025 market report suggests several developments that could affect XRP in the near term. Political tailwinds like the US crypto executive order by President Donald Trump and SEC Chairman Paul Atkins also provided some confidence. The support for stablecoin regulation bolsters an already evolving legislative environment. Institutional involvement continues to grow. Volatility Shares filed for three more XRP ETFs, meanwhile Franklin Templeton filed an S‐1 registration for an XRP ETF. In parallel, a local XRP ETF has been approved by Brazil’s securities regulator CVM, and the CME Group has introduced XRP Futures products, as reported in our last news story. Even with $37.7 million of weekly outflows, overall flows for XRP into investment vehicles have totaled $214 million year to date. This puts the Ripple token second only to Ethereum on global fund flows. Q1 2025 also saw the XRP Ledger cool off on the activity side with 30–40% new wallet creation and overall transactions. Decentralized exchange (DEX) volume also fell by 16% compared to the previous quarter. Meanwhile, Ripple’s RLUSD stablecoin is one of the largest on chain players. RLUSD’s market capitalization is over $90 million and so far, has added over $300 million in cumulative DEX volume, as highlighted in our previous story. Furthermore, Ripple also managed a $1.25 billion acquisition of prime brokerage firm Hidden Road, one of the biggest digital asset M&A deals yet. This will help accelerate Ripple’s plan to position RLUSD as a utility stablecoin with wider enterprise use. RLUSD plans to be integrated across marginal solutions between traditional and digital financial markets, which could represent a model for stablecoin usage.

📊 #Bitcoin Ahr999 Index is in the 0.45–1.2 zone — historically prime for smart accumulation. ✅ Not overheated ✅ Not bottomed out ⚠️ Most BTC gains happened after entries in this range. The crowd is still waiting. Are you? #BTC #Crypto #OnChain #Ahr999

Bitcoin ($BTC) has been showing some exciting movements lately, and the market is gearing up for more volatility. As of today, Bitcoin is trading at around $94,699, with significant market events like the FOMC (Federal Open Market Committee) meeting causing the usual waves of volatility that often follow. The main question on the table: where is Bitcoin headed next, and what should investors do in the face of these market fluctuations? Let's break down the current Bitcoin price action, potential outcomes based on Powell’s speech, and the key levels to watch in the coming days. Bitcoin's Current Price Action: The Red Line Holds 🔴 Looking at the recent price chart, Bitcoin has been trading within a key range, bouncing off the red lines (which represent strong resistance and support levels). These red lines are crucial, as they mark the boundaries of Bitcoin’s current price channel, and they have held strong even through recent volatility. As we see in the chart, $94,699 is the current price level, and this is a critical point. It’s clear that the price has been respecting this upper resistance level. Bitcoin is flirting with the $100,000 target, but we may need to see more momentum for a clean break above this level. 🌟 FOMC Volatility: What to Expect? 📉📈 We know that the FOMC meetings can introduce significant volatility in the markets, and the crypto world is no exception. The recent speech from Jerome Powell, the chairman of the Federal Reserve, could be a defining factor in Bitcoin's near-term trajectory. Historically, if Powell’s speech or economic outlook diverges from market expectations, it can send shockwaves through both traditional markets and crypto markets. 💥 However, if the speech doesn’t go awry, Bitcoin is likely to hold its ground, with some moderate price action that continues to be supported by the red lines on the chart. That’s where patience comes into play—being able to ride out the volatility as we wait for the long-term trend to unfold. Key Levels to Watch: EMA50 and EMA100 Crossroads ⚡📊 If Powell’s speech causes market instability, Bitcoin could see a brief dip. This would present a prime opportunity for anyone looking to accumulate at lower prices. One of the critical levels to watch is the yellow line, where the EMA50 and EMA100 (Exponential Moving Averages) intersect. These moving averages represent important support levels, and if Bitcoin dips to these levels, we could see a spectacular rebound. The intersection of EMA50 and EMA100 has historically been an area where Bitcoin has seen significant price reversals. If Bitcoin touches this region, it could potentially provide an ideal buying opportunity before the next rally towards $100,000. EMA50 & EMA100 Intersection: This area is crucial for short-term traders looking to buy the dip. It’s a critical point where price rebounds have happened before, and it's the level to monitor closely for potential buying opportunities. Rebound Potential: Historically, Bitcoin has had spectacular rebounds from this area. If Bitcoin dips and hits the EMA50/100 crossroads, there could be an opportunity for a powerful upward move. Looking Ahead: The Path to $100,000 🏁🚀 Looking further ahead, Bitcoin is clearly positioning itself for another test of the $100,000 mark. As we can see in the chart, there's a strong upward trajectory that has been building since the March/April timeframe. With the red lines providing solid support, and the recent price action respecting these key levels, Bitcoin could be on its way to achieving its next major milestone. The next resistance zone after $94,699 is the $100,000 level, followed by $104,000 and potentially even higher, depending on how the broader market reacts to upcoming economic events. It’s worth noting that Bitcoin tends to lead the way in price action, often setting the tone for other cryptocurrencies to follow. 💪 What’s the Strategy for This Market? HODL and Accumulate 🐋💎 If you're an investor looking to navigate these volatile conditions, the best strategy right now is to HODL (Hold On for Dear Life) your positions, while also considering accumulating during key support levels. As we've seen time and time again, Bitcoin has proven its resilience after market corrections, and the upcoming market volatility may just be another opportunity to stack more coins at a discount. Key Strategy Points: Buy the Dip: If Bitcoin experiences a dip to the EMA50/EMA100 zone, consider buying the dip for a potential rebound. Stay Patient: Market corrections can take time to play out, but history suggests Bitcoin will bounce back and continue its upward journey. Focus on the Long-Term: Bitcoin’s long-term outlook remains bullish, and any short-term volatility should be seen as an opportunity for patient investors. Conclusion: Navigating the Current Market 🧠💰 The current Bitcoin market is one of high potential and volatility, with the FOMC meeting injecting uncertainty into the picture. However, with $94,699 as the current price and $100,000 as the next major target, the opportunities are clear. Investors should remain vigilant, look for buying opportunities at key support levels like the EMA50/100 crossroads, and keep a long-term perspective. In times of uncertainty, the most important thing is to remain calm, analyze the market, and make decisions based on sound strategies. Don’t be swayed by short-term noise—trust in the fundamentals, the market’s cyclical nature, and the long-term growth potential of Bitcoin. 🚀 What are your thoughts on the market correction? Are you looking to buy the dip or waiting for the next move? Let’s discuss in the comments below! 💬

Global asset management giant BlackRock continues to aggressively accumulate Bitcoin. According to on-chain data shared by Lookonchain, BlackRock has recently added another 5,613 BTC (worth approximately $529.5 million) to its holdings, bringing its total stash to 620,252 BTC — currently valued at $58.5 billion. 📈 47,000 BTC Bought in Just Two Weeks Since April 21, BlackRock has purchased a total of 47,064 BTC, an investment exceeding $4.44 billion. These acquisitions have been primarily executed through spot Bitcoin ETFs, with many transactions routed via Coinbase Prime wallets. 💡 Institutional Confidence in Bitcoin Grows BlackRock’s substantial accumulation is seen as a strong vote of confidence in Bitcoin from institutional investors. With increasing spot ETF activity, this level of buying may signal a broader bullish outlook in the crypto market. 🔮 What Comes Next? BlackRock’s strategy is not just about portfolio diversification — it's also about solidifying the role of digital assets in modern finance. $BTC

$TON is tapping into the golden fib zone (0.72–0.78), aligning with demand and previous consolidation This is a prime area for a bullish reversal