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Analysis: Key Progress and Challenges in the U.S. Bitcoin Reserve Bill The reserve bills of four states have been rejected or rejected, all of which are red states controlled by the Republican Party. However, the bills of Utah, Oklahoma, Arizona and other states have been smoothly promoted and even successfully legislated. It is currently very difficult to pass the national Bitcoin reserve bill at the federal government level, where the game is more complicated. Read more

Hi guys !!! Hope those who are unwell recover soon! Just like the crypto market, most assets are experiencing a crash. Specifically for $PEPE we are currently in the red zone. The order block on the 1-hour time frame was briefly broken, but the price bounced back. Hopefully, the order block shows strength for a rebound. Good luck, guys!!! #TraderProfile #MarketPullback #ETHPriceWatch

Hedera (HBAR) is down more than 4% in the last 24 hours, with its market cap now at $8.4 billion. Despite a short-term spike earlier today, HBAR’s BBTrend remains negative, signaling persistent bearish momentum. However, the Ichimoku Cloud indicates a potential bullish reversal if buying interest strengthens. If short-term EMA lines cross above long-term ones, HBAR could test resistance at $0.24 and potentially rise above $0.30 for the first time since February 1. 🔸 #HBAR BBTrend Shows a Failed Bullish Trend Attempt HBAR’s BBTrend is currently at -0.71 and has remained negative since February 18, indicating a persistent bearish momentum. The indicator hit a negative peak of -6.21 on February 20 before gradually recovering to -0.06 yesterday, only to drop again. BBTrend, or Bollinger Band Trend, measures the momentum and direction of price movements relative to the Bollinger Bands. A negative value suggests that the price is trending toward the lower band, signaling bearish sentiment, while a positive value indicates bullish momentum toward the upper band. Hedera’s BBTrend at -0.71, dropping from -0.06 yesterday, suggests that bearish momentum is regaining strength after a brief recovery attempt. This reversal indicates renewed selling pressure, potentially leading to further price declines if the negative trend continues. The inability to maintain a positive shift signals weakness in buying interest, increasing the likelihood of continued downside movement for HBAR. If BBTrend remains negative, HBAR could face more selling pressure until a clear reversal emerges. 🔸 HBAR Ichimoku Cloud Shows a Bullish Trend Could Form, But It’s Not Established Yet The Ichimoku Cloud chart for HBAR shows that the price has recently broken above the cloud, which is typically a bullish signal. However, the cloud ahead is thin and slightly bearish, indicating weak resistance. The blue Tenkan-sen line is above the red Kijun-sen line, suggesting short-term bullish momentum.

XRP drops to $2.2 as market turns bearish. Key Support levels: $2, $1.6 Key Resistance levels: $3, $3.4 1. Bears Return Over the past 24 hours, XRP’s price fell by 8% and approached $2.2. This has turned the momentum bearish, and the price could easily test the key support at $2 in the coming days if nothing changes. To maintain optimism, XRP has to stop this downtrend at $2. Chart by TradingView 2. Buyers Remain Shy In the past two weeks, sellers have dominated the volume profile, which is in red. This pushed the price lower, but the key support at $2 remains intact. This provides an opportunity for buyers to return at that level if sellers attempt to break it. Chart by TradingView 3. Major Bearish Cross Unfortunately for bulls, the weekly MACD is flashing a major bearish cross, which will be confirmed at the end of this week. If so, the likely outcome will be a continuation of the current downtrend and lower price levels. All eyes remain on the $2 support, which will be decisive. Failure there and XRP could visit $1.6 next. Chart by TradingView The post Ripple (XRP) Price Predictions for This Week appeared first on CryptoPotato.

Bitcoin (BTC) has fallen below the crucial $90,000 mark for the first time in a month. This triggered a wave of liquidations and ramped up market volatility. The sudden downturn has left many traders in the red. Data from IntoTheBlock shows that about 12% of all Bitcoin addresses are currently underwater—the highest percentage of unrealized losses since October 2024. Looking back at IntoTheBlock’s historical “In/Out of the Money” data, it’s clear many investors bought BTC at higher prices, especially between $90,000 and $100,000. With the price now at $89,479, these addresses are “out of the money.” Historically, similar situations have come before increased sell-offs as traders try to limit their losses, pushing Bitcoin’s price even lower. Bitcoin has seen a big uptrend over the past year, starting in mid-2024 and peaking at $109K in late January before showing signs of slowing down in early 2025. However, in the last 24 hours, the cryptocurrency has crashed 6.46%, leading to $1.34 billion in liquidations within the same period, according to Coinglass . Also, $1.07 billion was wiped out in the last 12 hours, with $493.36 million gone in just the past four hours. According to well-known analyst Ali Martinez, Bitcoin is breaking below a parallel channel. If Bitcoin can’t quickly climb back above $92,500, it’s very likely it will test support again at $81,000. On the other hand, BitMEX co-founder Arthur Hayes predicted BTC could plummet to $70,000 if hedge funds invested in spot BTC ETFs start to sell off their holdings. Related: Bitcoin’s Range-Bound Trading Ethereum Could Benefit, Analysts Say Looking at the daily chart below, Bitcoin’s RSI (Relative Strength Index) is currently at 30.80, which suggests Bitcoin is getting close to being oversold. If the RSI drops below 30, BTC might bounce back a bit in the short term. However, if strong selling continues, the price could keep falling before any real recovery happens. Adding to this, Bitcoin’s price has also dropped below the lower Bollinger Band. This indicates higher volatility and that sellers are in control. Related: Negative Crypto Sentiment: Bitcoin’s Booster? Historically, when BTC trades outside the lower band, it usually moves back toward the midline (20-day SMA). However, if the selling doesn’t stop, this sign alone might not be enough to stop the price from going down further. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.