Mr_Amwal
Crypto & Investment Expert | Financial Freedom & Wealth Mindset
0 Following
2.7K+ Followers
393 Liked
104 Shared
Posts
All
Live
Bitcoin Analysis 13/04
Weekly Close: The price of Bitcoin closed at $70,806, slightly higher than the previous close of $69,030. This weekly increase gives the close a relatively positive tone and indicates the beginning of buying pressure that may attempt to change the momentum after a period of fluctuation below the previous resistance.
■ Current Situation: The price is still moving below the key resistance area of 73,400 – 71,200, but with its current rise above 70,000, it seems that the market has begun to respect the new support. If the price can hold above this area, we may see an attempt to rise towards the next resistance at $74,627, as in the previous scenario.
On the other hand, the possibility of a retest of support remains, as the price may head towards the area of 66,000 – 65,970 dollars, which is a critical area in the short term, especially if buyers fail to keep the price above 70,000.
■ Alternative Scenario: If the price fails to maintain the current support and breaks the level of 65,970 – 66,000 dollars, a continued decline towards the next support at 63,000 – 62,577 dollars is expected, with the possibility of testing lower levels at 60,268 – 59,649 dollars.
■ Technical Levels:
📌
Resistance:• First Resistance: 71,200 – 73,400 (+0.6% — +4.2%)• Next Resistance: 74,627 (+5.3%)
📌
Support:• First Support: 66,000 – 65,970 (−6.8% — −6.9%)• Next Support: 63,000 – 62,577 (−11.1% — −11.4%)
Weekly Close: The price of Bitcoin closed at $70,806, slightly higher than the previous close of $69,030. This weekly increase gives the close a relatively positive tone and indicates the beginning of buying pressure that may attempt to change the momentum after a period of fluctuation below the previous resistance.
■ Current Situation: The price is still moving below the key resistance area of 73,400 – 71,200, but with its current rise above 70,000, it seems that the market has begun to respect the new support. If the price can hold above this area, we may see an attempt to rise towards the next resistance at $74,627, as in the previous scenario.
On the other hand, the possibility of a retest of support remains, as the price may head towards the area of 66,000 – 65,970 dollars, which is a critical area in the short term, especially if buyers fail to keep the price above 70,000.
■ Alternative Scenario: If the price fails to maintain the current support and breaks the level of 65,970 – 66,000 dollars, a continued decline towards the next support at 63,000 – 62,577 dollars is expected, with the possibility of testing lower levels at 60,268 – 59,649 dollars.
■ Technical Levels:
📌
Resistance:• First Resistance: 71,200 – 73,400 (+0.6% — +4.2%)• Next Resistance: 74,627 (+5.3%)
📌
Support:• First Support: 66,000 – 65,970 (−6.8% — −6.9%)• Next Support: 63,000 – 62,577 (−11.1% — −11.4%)
Analysis of Cardano (ADA) – 07/04
■ Current situation: The currency is under strong selling pressure, with movement continuing in a downward direction. The price is currently above the support area at 0.2420 – 0.2328. If this support is broken and remains below it, the price is expected to continue falling towards the next support area at 0.1969 (approximately −18%). However, if a rebound occurs from the current support, the price may try to rise to test the current resistance area at 0.2839 – 0.2894 (approximately +18%).
■ Technical levels: Resistance: Current resistance: 0.2839 – 0.2894 (approximately +18%)
Support: Current support: 0.2420 – 0.2328 (approximately −1% to −4%)
Next support: 0.1969 (approximately −18%)
■ Current situation: The currency is under strong selling pressure, with movement continuing in a downward direction. The price is currently above the support area at 0.2420 – 0.2328. If this support is broken and remains below it, the price is expected to continue falling towards the next support area at 0.1969 (approximately −18%). However, if a rebound occurs from the current support, the price may try to rise to test the current resistance area at 0.2839 – 0.2894 (approximately +18%).
■ Technical levels: Resistance: Current resistance: 0.2839 – 0.2894 (approximately +18%)
Support: Current support: 0.2420 – 0.2328 (approximately −1% to −4%)
Next support: 0.1969 (approximately −18%)
Bitcoin Analysis (06/04)
■ Weekly Close:
The closing price of Bitcoin was 69,030 below the resistance range, and despite the continued selling pressure, breaking the descending sub-trend gives the close a relatively positive character and may indicate the beginning of an attempt to change momentum.
■ Current Situation:
The price is still moving below the pivotal resistance area of 73,400 – 71,200, while continuing to respect this range.
If the price manages to hold above this area, we may witness an upward attempt towards the next resistance at 74,627.
On the other hand, the possibility of retesting support remains, as the price may head towards the area of 63,000 – 62,577, which is a critical area in the short term.
■ Alternative Scenario:
If the price fails to maintain the current support and breaks below the level of 62,577 – 63,000 and remains below it, a continued drop towards the next support at 60,268 – 59,649 is expected.
■ Technical Levels:
📌
Resistance:
• First Resistance: 73,400 – 71,200 (+3.1% — +6.4%)
• Next Resistance: 74,627 (+8.1%)
📌
Support:
• First Support: 63,000 – 62,577 (−8.7% — −9.3%)
• Next Support: 60,268 – 59,649 (−12.7% — −13.6%)
■ Weekly Close:
The closing price of Bitcoin was 69,030 below the resistance range, and despite the continued selling pressure, breaking the descending sub-trend gives the close a relatively positive character and may indicate the beginning of an attempt to change momentum.
■ Current Situation:
The price is still moving below the pivotal resistance area of 73,400 – 71,200, while continuing to respect this range.
If the price manages to hold above this area, we may witness an upward attempt towards the next resistance at 74,627.
On the other hand, the possibility of retesting support remains, as the price may head towards the area of 63,000 – 62,577, which is a critical area in the short term.
■ Alternative Scenario:
If the price fails to maintain the current support and breaks below the level of 62,577 – 63,000 and remains below it, a continued drop towards the next support at 60,268 – 59,649 is expected.
■ Technical Levels:
📌
Resistance:
• First Resistance: 73,400 – 71,200 (+3.1% — +6.4%)
• Next Resistance: 74,627 (+8.1%)
📌
Support:
• First Support: 63,000 – 62,577 (−8.7% — −9.3%)
• Next Support: 60,268 – 59,649 (−12.7% — −13.6%)
Bitcoin Analysis (01/04)
■ Monthly Close: The price of Bitcoin closed below the resistance range at 68,278, after a clear failure to break through, reflecting continued selling pressure and the dominance of the bearish trend in the short term.
■ Current Situation: The price is still moving below the key resistance area of 73,400 – 71,200, with a clear respect for this range. If the price can maintain above this area, we may see an attempt to rise towards the next resistance at 74,627.
Conversely, the continuation of the downward pressure is not ruled out, as the price may retest the current support area of 63,000 – 62,577, which is considered an important area to determine the upcoming trend.
■ Alternative Scenario: If the price fails to maintain the current support and breaks below the level of 62,577 – 63,000, it is expected to continue falling towards the next support area at 60,268 – 59,649.
■ Technical Levels:
📌
Resistance: • First Resistance: 73,400 – 71,200 (+4.3% — +7.5%) • Next Resistance: 74,627 (+9.3%)
📌
Support: • First Support: 63,000 – 62,577 (−7.7% — −8.3%) • Next Support: 60,268 – 59,649 (−11.7% — −12.6%)
■ Monthly Close: The price of Bitcoin closed below the resistance range at 68,278, after a clear failure to break through, reflecting continued selling pressure and the dominance of the bearish trend in the short term.
■ Current Situation: The price is still moving below the key resistance area of 73,400 – 71,200, with a clear respect for this range. If the price can maintain above this area, we may see an attempt to rise towards the next resistance at 74,627.
Conversely, the continuation of the downward pressure is not ruled out, as the price may retest the current support area of 63,000 – 62,577, which is considered an important area to determine the upcoming trend.
■ Alternative Scenario: If the price fails to maintain the current support and breaks below the level of 62,577 – 63,000, it is expected to continue falling towards the next support area at 60,268 – 59,649.
■ Technical Levels:
📌
Resistance: • First Resistance: 73,400 – 71,200 (+4.3% — +7.5%) • Next Resistance: 74,627 (+9.3%)
📌
Support: • First Support: 63,000 – 62,577 (−7.7% — −8.3%) • Next Support: 60,268 – 59,649 (−11.7% — −12.6%)
Analysis of Solana (SOL) – 30/01
■ Current Situation:
The price is facing significant selling pressure, with a clear downward trend pushing the price lower.
Currently, the price is moving above the support range at 111.
If the price manages to hold above it, it will attempt to test the current resistance area at 122 – 126.
In case of breaking through and holding above it, the price may continue to rise towards the next resistance at 131 – 136.
However, if the current support at 111 is broken, it is likely that the decline will continue towards the next support at 100 – 96.
■ Technical Levels:
Resistance:
Current resistance: 122 – 126 (+10% approximately)
Next resistance: 131 – 136 (+18% approximately)
Support:
First support: 111 (−1% approximately)
Next support: 100 – 96 (−10% to −13%)
■ Current Situation:
The price is facing significant selling pressure, with a clear downward trend pushing the price lower.
Currently, the price is moving above the support range at 111.
If the price manages to hold above it, it will attempt to test the current resistance area at 122 – 126.
In case of breaking through and holding above it, the price may continue to rise towards the next resistance at 131 – 136.
However, if the current support at 111 is broken, it is likely that the decline will continue towards the next support at 100 – 96.
■ Technical Levels:
Resistance:
Current resistance: 122 – 126 (+10% approximately)
Next resistance: 131 – 136 (+18% approximately)
Support:
First support: 111 (−1% approximately)
Next support: 100 – 96 (−10% to −13%)
Analysis of Cardano (ADA) – 30/01
■ Current Situation:
The price is facing significant selling pressure as is the case with most cryptocurrencies. Currently, the price is moving above the support range at 0.3034 – 0.3225. If the price manages to hold above this, it will attempt to test the current resistance area at 0.3330 – 0.3398. In the event of a breakout and holding above it, the price may continue to rise towards the next resistance at 0.3571 – 0.3631. However, if the current support at 0.3034 – 0.3150 is broken, it is likely that the decline will continue towards the next support at 0.2839 – 0.2894.
■ Technical Levels:
Resistance:
Current Resistance: 0.3330 – 0.3398 (+3% to +10%)
Next Resistance: 0.3571 – 0.3631 (+15% to +18%)
Support:
First Support: 0.3034 – 0.3150 (−2% to −5%)
Next Support: 0.2839 – 0.2894 (−8% to −10%)
■ Current Situation:
The price is facing significant selling pressure as is the case with most cryptocurrencies. Currently, the price is moving above the support range at 0.3034 – 0.3225. If the price manages to hold above this, it will attempt to test the current resistance area at 0.3330 – 0.3398. In the event of a breakout and holding above it, the price may continue to rise towards the next resistance at 0.3571 – 0.3631. However, if the current support at 0.3034 – 0.3150 is broken, it is likely that the decline will continue towards the next support at 0.2839 – 0.2894.
■ Technical Levels:
Resistance:
Current Resistance: 0.3330 – 0.3398 (+3% to +10%)
Next Resistance: 0.3571 – 0.3631 (+15% to +18%)
Support:
First Support: 0.3034 – 0.3150 (−2% to −5%)
Next Support: 0.2839 – 0.2894 (−8% to −10%)
3 main reasons that could drive Bitcoin to reach 100 thousand dollars this month
At the beginning of 2026, Bitcoin is showing strong signals for an upward trend towards the 100 thousand dollar level. This optimism is attributed to strong demand in the spot market, as well as a return of risk appetite in the cryptocurrency markets. Additionally, the low selling from long-term Bitcoin holders reduces the available supply, which enhances the effect of demand on prices. However, we must understand that reaching 100 thousand dollars is not guaranteed; it depends on market momentum and overall sentiment.
At the beginning of 2026, Bitcoin is showing strong signals for an upward trend towards the 100 thousand dollar level. This optimism is attributed to strong demand in the spot market, as well as a return of risk appetite in the cryptocurrency markets. Additionally, the low selling from long-term Bitcoin holders reduces the available supply, which enhances the effect of demand on prices. However, we must understand that reaching 100 thousand dollars is not guaranteed; it depends on market momentum and overall sentiment.
Can XRP continue to rise in early 2026? Key factors to watch
XRP has recently seen a strong increase, driven by growing interest in major cryptocurrencies. However, can this momentum continue into 2026? Attention is focused on key resistance and support levels, as well as Bitcoin's overall impact on the market. Investors should be cautious of short-term movements that may be driven by social hype rather than sustainable price movements.
XRP has recently seen a strong increase, driven by growing interest in major cryptocurrencies. However, can this momentum continue into 2026? Attention is focused on key resistance and support levels, as well as Bitcoin's overall impact on the market. Investors should be cautious of short-term movements that may be driven by social hype rather than sustainable price movements.
How to Build a Simple Strategy for Cryptocurrencies Without Overtrading
In active cryptocurrency markets, many beginner traders tend to overtrade, which can lead to hasty decisions. It is advisable to follow simple strategies and avoid continuously buying and selling currencies. The fewer decisions you make, the better your performance will be in the long run. Consistency in your strategy is better than taking random steps based on daily market movements.
In active cryptocurrency markets, many beginner traders tend to overtrade, which can lead to hasty decisions. It is advisable to follow simple strategies and avoid continuously buying and selling currencies. The fewer decisions you make, the better your performance will be in the long run. Consistency in your strategy is better than taking random steps based on daily market movements.
What should cryptocurrency investors watch for in the first quarter of 2026 - and why are early year fluctuations normal?
The first quarter of each year typically sees an increase in volatility in cryptocurrency markets. Investors reposition themselves after the end of the year and respond to new narratives in the market. Some of the key things to watch for in 2026 are the direction of Bitcoin, altcoin participation, trading volume, and the overall market sentiment. Additionally, sharp price fluctuations during this period are a normal part of the market cycle.
The first quarter of each year typically sees an increase in volatility in cryptocurrency markets. Investors reposition themselves after the end of the year and respond to new narratives in the market. Some of the key things to watch for in 2026 are the direction of Bitcoin, altcoin participation, trading volume, and the overall market sentiment. Additionally, sharp price fluctuations during this period are a normal part of the market cycle.
Why does trading activity on Binance often increase at the beginning of the year?
At the start of each year, cryptocurrency traders notice an uptick in activity on Binance due to seasonal behavior in the markets. Many new investors begin to inject capital, drawn in by renewed interest in cryptocurrencies. Despite the increase in activity, we must remember that a larger trading volume does not always mean increased certainty about the market direction.
https://www.binance.com/en/blog/ecosystem/5794542940657463607
At the start of each year, cryptocurrency traders notice an uptick in activity on Binance due to seasonal behavior in the markets. Many new investors begin to inject capital, drawn in by renewed interest in cryptocurrencies. Despite the increase in activity, we must remember that a larger trading volume does not always mean increased certainty about the market direction.
https://www.binance.com/en/blog/ecosystem/5794542940657463607
Bitcoin (BTC) Analysis – January 26, 2026
■ Weekly Close:
The Bitcoin price closed last week at 86,666 within the support range, which gives somewhat positive signals, as this close near strong support levels may contribute to price stability and the search for upward opportunities.
■ Current Situation:
The price is currently moving within the support range between 87,860 – 85,100, as it attempts to gradually rise towards the current resistance at 90,800 – 92,274. If it manages to break through this resistance and hold above it, it is likely to continue rising towards the next resistance at 94,321 – 96,498.
■ Alternative Scenario:
If the price breaks the current support and stays below it, we may witness further decline towards the next support at 81,400.
■ Technical Levels:
Resistance:
• First Resistance: 90,800 – 92,274 (+4.7% — +6.5%)
• Next Resistance: 94,321 – 96,498 (+8.2% — +11.3%)
Support:
• First Support: 87,860 – 85,100 (−1.0% — −2.0%)
• Next Support: 81,400 (−5.9%)
■ Weekly Close:
The Bitcoin price closed last week at 86,666 within the support range, which gives somewhat positive signals, as this close near strong support levels may contribute to price stability and the search for upward opportunities.
■ Current Situation:
The price is currently moving within the support range between 87,860 – 85,100, as it attempts to gradually rise towards the current resistance at 90,800 – 92,274. If it manages to break through this resistance and hold above it, it is likely to continue rising towards the next resistance at 94,321 – 96,498.
■ Alternative Scenario:
If the price breaks the current support and stays below it, we may witness further decline towards the next support at 81,400.
■ Technical Levels:
Resistance:
• First Resistance: 90,800 – 92,274 (+4.7% — +6.5%)
• Next Resistance: 94,321 – 96,498 (+8.2% — +11.3%)
Support:
• First Support: 87,860 – 85,100 (−1.0% — −2.0%)
• Next Support: 81,400 (−5.9%)
Ripple (XRP) Analysis – 22/01
■ Current Situation:
The price of Ripple is still under selling pressure with a clear downward trend forming.
Currently, the price is moving above the support range at 1.8210 – 1.9119.
If the price can hold above, it will attempt to test the current resistance area at 1.9837 – 2.0129.
In case it breaks above and holds, the price may continue to rise towards the next resistance at 2.1897 – 2.2971, thus breaking the downward trend.
However, if the current support is broken, it is likely that the decline will continue towards the next support at 1.5659 – 1.4913.
■ Technical Levels:
Resistance:
Current Resistance: 1.9837 – 2.0129 (+6% to +8%)
Next Resistance: 2.1897 – 2.2971 (+17% to +23%)
Support:
First Support: 1.8210 – 1.9119 (−3% to +2%)
Next Support: 1.5659 – 1.4913 (−16% to −20%)
■ Current Situation:
The price of Ripple is still under selling pressure with a clear downward trend forming.
Currently, the price is moving above the support range at 1.8210 – 1.9119.
If the price can hold above, it will attempt to test the current resistance area at 1.9837 – 2.0129.
In case it breaks above and holds, the price may continue to rise towards the next resistance at 2.1897 – 2.2971, thus breaking the downward trend.
However, if the current support is broken, it is likely that the decline will continue towards the next support at 1.5659 – 1.4913.
■ Technical Levels:
Resistance:
Current Resistance: 1.9837 – 2.0129 (+6% to +8%)
Next Resistance: 2.1897 – 2.2971 (+17% to +23%)
Support:
First Support: 1.8210 – 1.9119 (−3% to +2%)
Next Support: 1.5659 – 1.4913 (−16% to −20%)
Ethereum (ETH) Analysis – 22/01
■ Current Situation:
The price of Ethereum is still moving within a sideways trend, currently trading within the support range of 3,091 – 2,910.
If the price manages to hold above this level, it could signal a potential rise towards the current resistance at 3,330 – 3,383 as the first target.
However, if the price fails to hold above this level and continues to decline, it is likely to head towards the next support at 2,707 – 2,652.
■ Technical Levels:
Resistance:
Current Resistance: 3,330 – 3,383 (+11% to +13%)
Support:
First Support: 3,091 – 2,910 (−3% to −3%)
Next Support: 2,707 – 2,652 (−10% to −12% )
■ Current Situation:
The price of Ethereum is still moving within a sideways trend, currently trading within the support range of 3,091 – 2,910.
If the price manages to hold above this level, it could signal a potential rise towards the current resistance at 3,330 – 3,383 as the first target.
However, if the price fails to hold above this level and continues to decline, it is likely to head towards the next support at 2,707 – 2,652.
■ Technical Levels:
Resistance:
Current Resistance: 3,330 – 3,383 (+11% to +13%)
Support:
First Support: 3,091 – 2,910 (−3% to −3%)
Next Support: 2,707 – 2,652 (−10% to −12% )
Bitcoin (BTC) Analysis – January 19, 2026
■ Weekly Close:
The price of Bitcoin closed last week at 93,673.14, which is a positive close as it settled above the level of 91,910.00 - 91,168.00, reflecting the strength of the bullish momentum.
■ Current Situation:
The price of Bitcoin has seen a slight decline during recent trading, after part of the selling pressure was exhausted. Currently, the price is moving near the 61 Fibonacci level at 92,610. If it manages to stay above this level, we expect the price to bounce upward to visit the first resistance at 93,560.00 - 94,140.00. If it breaks this resistance and holds above it, the rally may extend to 95,100.00 - 95,550.00.
■ Alternative Scenario:
If the price breaks the current support level at 91,910.00 - 91,168.00, the decline may extend to the next support at 90,300.00 - 89,450.00 where there is major support at the ascending trend line.
■ Technical Levels:
Resistance:
First Resistance: 93,560.00 - 94,140.00 (+0.3% — +1.7%)
Next Resistance: 95,100.00 - 95,550.00 (+2.7% — +4.2%)
Support:
First Support: 91,910.00 - 91,168.00 (-0.8% — -1.6%)
Next Support: 90,300.00 - 89,450.00 (-3.2% — -4.4%)
■ Weekly Close:
The price of Bitcoin closed last week at 93,673.14, which is a positive close as it settled above the level of 91,910.00 - 91,168.00, reflecting the strength of the bullish momentum.
■ Current Situation:
The price of Bitcoin has seen a slight decline during recent trading, after part of the selling pressure was exhausted. Currently, the price is moving near the 61 Fibonacci level at 92,610. If it manages to stay above this level, we expect the price to bounce upward to visit the first resistance at 93,560.00 - 94,140.00. If it breaks this resistance and holds above it, the rally may extend to 95,100.00 - 95,550.00.
■ Alternative Scenario:
If the price breaks the current support level at 91,910.00 - 91,168.00, the decline may extend to the next support at 90,300.00 - 89,450.00 where there is major support at the ascending trend line.
■ Technical Levels:
Resistance:
First Resistance: 93,560.00 - 94,140.00 (+0.3% — +1.7%)
Next Resistance: 95,100.00 - 95,550.00 (+2.7% — +4.2%)
Support:
First Support: 91,910.00 - 91,168.00 (-0.8% — -1.6%)
Next Support: 90,300.00 - 89,450.00 (-3.2% — -4.4%)
Bitcoin (BTC) Analysis – January 5, 2026
■ Weekly Close:
The price of Bitcoin closed last week at 91,529.73 with a strong bullish candle, and this close is very positive, as it came above the previous resistance at 90,000, reflecting the continuation of the upward momentum.
■ Current Situation:
The price continues to achieve strong gains after successfully breaking through the pivotal resistance level at 90,000 dollars.
It is currently trading near a strong resistance at levels 93,550 – 96,000, and if it manages to break through and hold above it, it is expected to target the following levels at: 100,000 – 103,550
■ Alternative Scenario:
If the price fails to break through the mentioned resistance, we may see a drop towards the first support at the level of 90,000. Breaking this level may extend the drop to: 86,997 – 84,331
■ Technical Levels:
Resistance:
• First Resistance: 93,550 – 96,000 (+2.2% — +4.9%)
• Next Resistance: 100,000 – 103,550 (+9.3% — +13.1%)
Support:
• First Support: 90,000 (−1.7%)
• Next Support: 86,997 – 84,331 (−5.0% — −7.9%)
■ Weekly Close:
The price of Bitcoin closed last week at 91,529.73 with a strong bullish candle, and this close is very positive, as it came above the previous resistance at 90,000, reflecting the continuation of the upward momentum.
■ Current Situation:
The price continues to achieve strong gains after successfully breaking through the pivotal resistance level at 90,000 dollars.
It is currently trading near a strong resistance at levels 93,550 – 96,000, and if it manages to break through and hold above it, it is expected to target the following levels at: 100,000 – 103,550
■ Alternative Scenario:
If the price fails to break through the mentioned resistance, we may see a drop towards the first support at the level of 90,000. Breaking this level may extend the drop to: 86,997 – 84,331
■ Technical Levels:
Resistance:
• First Resistance: 93,550 – 96,000 (+2.2% — +4.9%)
• Next Resistance: 100,000 – 103,550 (+9.3% — +13.1%)
Support:
• First Support: 90,000 (−1.7%)
• Next Support: 86,997 – 84,331 (−5.0% — −7.9%)
Bitcoin (BTC) Analysis – January 1, 2026
■ Annual Close: The price of Bitcoin closed last year's candle at 87,638 within the technical support range, and is currently attempting to retest the lower boundary of the ascending sub-channel, in an effort to return inside it again, which gives an initial signal of potential positive momentum.
■ Current Situation: The price is currently moving above the technical support of 87,860 – 85,100, and is trying to rise towards the current resistance area of 90,800 – 92,274 (as detailed in the previous analysis). If the price successfully breaks through this resistance, it is expected to target the next resistance at: 94,321 – 96,498.
■ Alternative Scenario: If the price fails to hold above the current support area, breaks it, and stabilizes below it, we may witness further decline towards the next support at: 81,400.
■ Technical Levels:
Resistance:
• First Resistance: 90,800 – 92,274 (+3.6% — +5.3%)• Second Resistance: 94,321 – 96,498 (+7.6% — +10.1%)
Support:
• First Support: 87,860 – 85,100 (−0.2% — −2.9%)• Next Support: 81,400 (−7.1%)
■ Annual Close: The price of Bitcoin closed last year's candle at 87,638 within the technical support range, and is currently attempting to retest the lower boundary of the ascending sub-channel, in an effort to return inside it again, which gives an initial signal of potential positive momentum.
■ Current Situation: The price is currently moving above the technical support of 87,860 – 85,100, and is trying to rise towards the current resistance area of 90,800 – 92,274 (as detailed in the previous analysis). If the price successfully breaks through this resistance, it is expected to target the next resistance at: 94,321 – 96,498.
■ Alternative Scenario: If the price fails to hold above the current support area, breaks it, and stabilizes below it, we may witness further decline towards the next support at: 81,400.
■ Technical Levels:
Resistance:
• First Resistance: 90,800 – 92,274 (+3.6% — +5.3%)• Second Resistance: 94,321 – 96,498 (+7.6% — +10.1%)
Support:
• First Support: 87,860 – 85,100 (−0.2% — −2.9%)• Next Support: 81,400 (−7.1%)
Approval of the XRP Exchange-Traded Fund (ETF): What Does It Mean for Cryptocurrency Investors in Saudi Arabia?
In Saudi Arabia, the potential approval of the XRP ETF is a landmark sign of increasing institutional recognition of cryptocurrencies.
This development may allow Saudi investors to benefit from the rising global demand for XRP, especially with institutional investment funds entering this space.
It also enhances the Kingdom's position as a modern financial center that supports digital transformation and financial innovation within Vision 2030, paving the way for new investment opportunities in more stable and regulated digital assets.
📍 Source
https://ar.tradingview.com/news/cointelegraph:3aa40958e094b:0-is-xrp-the-new-bitcoin-why-wall-street-can-t-stop-talking-about-its-etf/
📍 XRP price on Binance
https://www.binance.com/ar/price/xrp
In Saudi Arabia, the potential approval of the XRP ETF is a landmark sign of increasing institutional recognition of cryptocurrencies.
This development may allow Saudi investors to benefit from the rising global demand for XRP, especially with institutional investment funds entering this space.
It also enhances the Kingdom's position as a modern financial center that supports digital transformation and financial innovation within Vision 2030, paving the way for new investment opportunities in more stable and regulated digital assets.
📍 Source
https://ar.tradingview.com/news/cointelegraph:3aa40958e094b:0-is-xrp-the-new-bitcoin-why-wall-street-can-t-stop-talking-about-its-etf/
📍 XRP price on Binance
https://www.binance.com/ar/price/xrp
Approval of the XRP Exchange-Traded Fund (ETF): What Does It Mean for Cryptocurrency Investors in the UAE?
The potential approval of the XRP ETF represents a pivotal moment in the global adoption of cryptocurrencies, as it signals a clear increase in institutional confidence in digital assets.
For investors in the United Arab Emirates, this move could open the door to new global institutional flows toward XRP, enhancing the currency's legitimacy and status in regional markets.
It may also lead to increased trading volume and liquidity within the local market, coinciding with the expansion of Emirati banks and companies in using RippleNet solutions for cross-border transfers.
📍Source
https://ar.tradingview.com/news/cointelegraph:3aa40958e094b:0-is-xrp-the-new-bitcoin-why-wall-street-can-t-stop-talking-about-its-etf/
📍 XRP price on Binance
https://www.binance.com/ar/price/xrp
The potential approval of the XRP ETF represents a pivotal moment in the global adoption of cryptocurrencies, as it signals a clear increase in institutional confidence in digital assets.
For investors in the United Arab Emirates, this move could open the door to new global institutional flows toward XRP, enhancing the currency's legitimacy and status in regional markets.
It may also lead to increased trading volume and liquidity within the local market, coinciding with the expansion of Emirati banks and companies in using RippleNet solutions for cross-border transfers.
📍Source
https://ar.tradingview.com/news/cointelegraph:3aa40958e094b:0-is-xrp-the-new-bitcoin-why-wall-street-can-t-stop-talking-about-its-etf/
📍 XRP price on Binance
https://www.binance.com/ar/price/xrp
Listing of the new Plasma (XPL) currency on the Binance platform
Binance has announced the listing of the Plasma (XPL) currency — a first-layer blockchain designed for fast payments and transfers using stablecoins like USDT with almost no fees.
It is characterized by its compatibility with EVM (meaning it supports smart contracts like Ethereum) and operates at high speed thanks to the PlasmaBFT system.
The project aims to make global financial transfers faster and cheaper, support DeFi projects and smart applications, and build a robust ecosystem based on the XPL currency, which is used to pay fees, reward validators, and support future development.
Official source
https://www.binance.com/en/support/announcement/detail/b00f28d55c924614b1953484c64dd6f9
Binance has announced the listing of the Plasma (XPL) currency — a first-layer blockchain designed for fast payments and transfers using stablecoins like USDT with almost no fees.
It is characterized by its compatibility with EVM (meaning it supports smart contracts like Ethereum) and operates at high speed thanks to the PlasmaBFT system.
The project aims to make global financial transfers faster and cheaper, support DeFi projects and smart applications, and build a robust ecosystem based on the XPL currency, which is used to pay fees, reward validators, and support future development.
Official source
https://www.binance.com/en/support/announcement/detail/b00f28d55c924614b1953484c64dd6f9
Login to explore more contents