Indian Authorities Seize $190 Million Tied to BitConnect Cry | Zain-Ashfaq on Binance Square

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Indian Authorities Seize $190 Million Tied to BitConnect Crypto Scam 

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Ethereum (ETH) Becomes Top-Traded Asset on Coinbase According to Coinbase director Conor Grogan, this is the first time that this has happened since 2022. The flagship altcoin has generated $367 million in trading volume over the past 24 hours. Mild signs of recovery According to the analytics platform Santiment, the second-largest cryptocurrency has shown some "mild signs" of recovery. The firm has noted that ETH continues to move off of exchanges and into cold wallets at "a shocking pace." In fact, the available ETH supply on exchanges currently stands at its lowest level since genesis (just 6.38%). $ETH #Write2Earn

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2025 Will Be a Watershed Moment for Bitcoin (BTC), Says Bitwise CEO Hunter Horsley $BTC #Write2Earn

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Investors Eye Critical Levels as XRP Faces Pressure Key Support and Resistance Levels for XRP The XRP price could be viewed as failing its upward attempts if it dips below $2.58. In such a scenario, a decline towards the $2.25 to $2.30 range is anticipated. Although there are other support levels below this range, the market reaction in this vicinity should be closely monitored. For upward movements, the most significant resistance is at $2.79. If this level is surpassed, the price may move towards $3. However, as long as XRP remains below $2.79, downward pressure could persist. Notable Bearish Divergence Formation A bearish divergence formation is evident in XRP’s daily and three-day price charts. While the price reaches higher levels, the RSI indicator has remained lower, suggesting an increased likelihood of a decline or sideways movement. If XRP falls below $2.58, this bearish divergence could continue to exert pressure, dragging the price towards the next support area. The recent short-term decline is also seen as a consequence of this divergence. Despite the price increase, the drop in the RSI indicates intensifying selling pressure in the market. Currently, XRP is trading at $2.56, down 1.88% in the last 24 hours. $XRP #Write2Earn

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