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Why is XRP Price Going Up Today?
The post Why is XRP Price Going Up Today? appeared first on Coinpedia Fintech News Bitcoin has reclaimed the $90,000 level for the first time since March, surging as investors seek refuge in crypto amid a falling U.S. dollar. The flagship cryptocurrency rallied for a second consecutive day, supported by macroeconomic headwinds and increasing expectations that the Federal Reserve may soon pivot to rate cuts. The U.S. Dollar Index (DXY) has slipped to a three-year low, increasing Bitcoin’s appeal as a hedge against currency devaluation. The situation mirrors recent gains in gold, which, like BTC, is often viewed as a store of value during uncertain economic conditions. Altcoins Join the Rally The bullish momentum wasn’t limited to Bitcoin. Ethereum (ETH) jumped by 13%, while XRP and Solana (SOL) each gained 7%. Dogecoin (DOGE) outperformed with a 14% surge, riding the wave of renewed retail interest and risk-on sentiment. XRP: Holding Strong, Waiting for Breakout XRP has been holding firm within a well-established range, currently trading above key support between $1.21 and $1.55. Analysts highlight that, despite minor wicks and volatility, this zone remains structurally intact. A rally in wave five, as suggested by some Elliott Wave analysts, may still be in play. For a bullish breakout confirmation, XRP would need to clear $2.25, the recent local high from April 13. A successful push beyond that level could open the door for a move toward $3.30, and potentially extend to targets between $5.00 and $5.65, depending on broader market momentum. At the time of writing, XRP has gained more than 7% and is trading at $2.25. However, the path higher isn’t guaranteed. A break below $1.82 could shift focus to a deeper correction. While microstructure analysis shows no clear five-wave decline — which would imply a deeper correction — the market has yet to confirm a strong reversal.

coinpedia 2025-04-23 08:07
FARTCOIN sees 17% hike as whales accumulate – How long will the rally last?
Whales are making bold moves with FARTCOIN.

AMB Crypto 2025-04-23 08:00
WazirX Gears Up for Singapore Hearing on Restart
Indian cryptocurrency exchange WazirX is making strides in its efforts to potentially resume operations in Singapore. The exchange is reportedly on track for a key regulatory hearing in the city-state, a crucial step that could pave the way for WazirX to re-establish its presence and services in the Singaporean market. Singapore Hearing Marks Progress in … Continue reading "WazirX Gears Up for Singapore Hearing on Restart" The post WazirX Gears Up for Singapore Hearing on Restart appeared first on Cryptoknowmics-Crypto News and Media Platform .

Cryptoknowmics 2025-04-23 07:54
Pi Coin Price Prediction Today: Can it Hit $1 Ahead of Massive 223M Token Unlock?
The post Pi Coin Price Prediction Today: Can it Hit $1 Ahead of Massive 223M Token Unlock? appeared first on Coinpedia Fintech News Pi Coin is currently showing decent gains of over 3% on the day, but the token remains trapped within a tight trading range, unable to break convincingly above the $0.70 resistance level. Despite a small price uptick, concerns are mounting as more tokens are set to hit the market in the coming weeks. Today, approximately 5.8 million PI tokens are scheduled to unlock, with a much larger wave — 223 million tokens — expected to be released over the next 30 days. This influx of supply could intensify downward pressure on the price, especially in the absence of strong buying demand. At the time of writing, Pi is hovering around $0.66, a critical level for bullish sentiment. If the price can close above this level on the daily chart, analysts suggest it could open the door for a potential rally toward $1 or higher. However, failure to hold this support might see the price slide further, especially as token unlocks flood the market. Since being listed in February, Pi Coin has seen dramatic price swings — climbing as high as $3 at its peak before plunging to lows around $0.40. The decline has left many early adopters and miners, particularly those active since Pi’s early days in 2019 and 2020, disappointed. Several factors have contributed to Pi’s ongoing price struggles: Mass Selling After Token Releases : Like many airdropped tokens, Pi faces significant sell-offs after token generation events. A large portion of its user base, especially in regions like Africa and Asia, has been quick to liquidate holdings for cash, leading to increased supply pressure. High Circulating Supply : Currently, Pi has a circulating supply of over 6.9 billion tokens, with a total supply cap near 100 billion. Compared to Bitcoin’s capped supply of 21 million, the sheer volume of Pi tokens makes high price expectations — like $100 or even $10 — highly unlikely under current conditions. Limited Real-World Adoption : Although Pi’s vision includes becoming a widely-used medium of exchange, real-world usage remains minimal. While a few businesses accept Pi, broader adoption is still lacking, which limits utility-driven demand for the token.

coinpedia 2025-04-23 07:38
Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K
The post Why Crypto Market Is Up Today? Bitcoin Price Surge Past $93K appeared first on Coinpedia Fintech News The crypto market today is seeing gains as Bitcoin price surge above $93,000 , triggering a wave of excitement across investors. The sudden surge has many asking — why is the crypto market up today? The answer lies in a powerful mix of political optimism, institutional inflows, and renewed risk appetite. Trade Optimism and Institutional Inflows Drive Rally U.S. President Donald Trump and Treasury Secretary Scott Bessent made market-moving remarks hinting at potential relief in the U.S.-China trade war. Bessent called the current 145% tariffs “unsustainable” and suggested a de-escalation could be near. That was enough to boost investor confidence, not just in equities but also in risk-on assets like crypto . Backing the momentum, Bitcoin spot ETFs saw $381 million in net inflows on Monday , the highest since January. The return of institutional money is a bullish signal, especially as MicroStrategy added another 6,500 BTC to its holdings — reinforcing long-term belief in Bitcoin. SEC Shakeup, Altcoin Surge, But Caution Remains Adding to the bullish sentiment, newly appointed SEC Chairman Paul Atkins has already dismissed several crypto enforcement cases. His pro-crypto stance is giving the industry fresh hope for a more innovation-friendly regulatory climate. Meanwhile, Ethereum jumped above $1,700 , Dogecoin surged 8.6% , and SUI spiked nearly 12% . Traditional markets also bounced back, with the S&P 500 and Nasdaq recovering from recent losses. However,the liquidity and new demand remain weak compared to past bull runs, according to CryptoQuant . Resistance zones could still trigger pullbacks, but for now, the rally has reignited crypto market momentum .

coinpedia 2025-04-23 07:02
Ethereum crosses $1.6K – Is $2K now within reach for ETH?
Analysts show confidence as TVL surges to show optimism.

AMB Crypto 2025-04-23 06:00
Hyperliquid: Retail traders tip the scale as whales clash over HYPE’s next move
Retail traders push HYPE’s bullish momentum, while whales take opposing positions in a high-stakes market battle.

AMB Crypto 2025-04-23 05:00
Here’s why altcoin investors should be wary, despite the recent gains
The BTC.D was above 63.8%, a level that had been a support back in early 2020, and could rise even higher.

AMB Crypto 2025-04-23 04:00
AVAX could soar by 21%, but on one MAJOR condition
AVAX's large transaction volume jumped by 169%, indicating strong interest from whales and institutions.

AMB Crypto 2025-04-23 03:30
Crypto firms rush for banking licenses – ‘Surprised not to see Ripple,’ says John Deaton
XRP dips slightly, but market sentiment remains upbeat with a $2.76T global crypto market cap.

AMB Crypto 2025-04-23 03:00
Under-the-Radar Altcoin Flashing Same Setup That Preceded 3,797% Explosion for Chainlink, According to Analyst
A crypto trader says a mid-cap altcoin flying under the radar looks primed to repeat Chainlink’s ( LINK ) blistering rally during the 2020 bull cycle. Pseudonymous analyst Inmortal tells his 231,800 followers on the social media platform X that he’s bullish on the native asset of the layer-2 scaling solution Mantle ( MNT ). According to Inmortal, MNT appears to be mirroring Chainlink’s consolidation from 2019 to 2020, which preceded LINK’s ascent from a low of $1.36 to a high of $53 – a whopping 3,797% explosion. “MNT gives me early LINK vibes. Many people think the bull market is over, but there are coins like Mantle that haven’t even started it yet. Conviction play for me.” Source: Inmortal/X Looking at the trader’s chart, he seems to suggest that MNT could soar to as high as $6 by next year. At time of writing, MNT is worth $0.66. Turning to Bitcoin, Inmortal says BTC’s reaction at one crucial price area will determine whether the crypto king will see new lows this cycle. The trader shares a chart suggesting that BTC may mirror its 2022 price action when it briefly soared above $45,000 before plunging to a bear market low at $16,000. But Inmortal highlights that the bearish outlook will be invalidated if Bitcoin flips a key price level as support. “$95,000 is where we find out if this bounce is a: a) Last exit before new lows b) Local bottom BTC.” Source: Inmortal/X At time of writing, Bitcoin is worth $87,355. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Under-the-Radar Altcoin Flashing Same Setup That Preceded 3,797% Explosion for Chainlink, According to Analyst appeared first on The Daily Hodl .

The Daily Hodl 2025-04-23 03:00
Here’s what happened in crypto today – BTC, gold, XRP, & more
Here are top crypto headlines in the past 48 hours.

AMB Crypto 2025-04-23 02:00

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