Widely followed analyst Income Sharks has raised caution about the current XRP trend, laying emphasis on the OBV indicator. His commentary highlighted that XRP still looks stronger than most major assets.
The XRP reserve on Binance is depleting drastically on Binance, suggesting accumulation by long-term holders. While some panicked during the latest market uncertainty, smart money investors are taking in massive amounts of XRP.
A recent report expanding on the performance of XRP and the XRP Ledger (XRPL) in the third quarter of the year shows an obvious ecosystem growth. The “State of the XRP Ledger Q3” report from prominent analytical firm Messari shows the XRP ecosystem made reasonable progress in key metrics and other areas, such as stablecoins and RWAs.
BlackRock CEO Larry Fink has continued to recommend exposure to Bitcoin and cryptocurrencies, calling them assets of fear. Fink appeared at the 9th edition of the Future Investment Initiative in Saudi Arabia and preached the virtues of Bitcoin ownership to one of the world's biggest investors.
A recent analysis has highlighted key price levels to watch if Shiba Inu rallies from a crucial support area. Shiba Inu has held strong around the current support level around $0.000006 to $0.000010, as its long accumulation phase continues.
Cardano founder Charles Hoskinson recently projected where Cardano would be by 2030, centering around adoption and market penetration. Hoskinson shared this in his conversation with pundit Sujal Jethwani, identifying where Cardano could be in the next five years and what the ecosystem needs to work on to become more competitive.
Cardano consolidates within a symmetrical triangle, and a bullish breakout could spark a strong price rally past the $1 mark. Cardano (ADA) currently trades at $0.66, down 3% over the past 24 hours.
Binance co-founder and former CEO Changpeng Zhao has reacted to the staggering numbers of Binance Coin (BNB) tokens burned every minute. BNB implemented the auto-burn mechanism in December 2021, which automatically chalks off a portion of its supply from circulation.
Cardano permabull Dan Gambardello has continued to hint at an explosive Cardano move, recently arguing that the token could increase twofold out of nowhere. His analysis sounds a clarion call to those sleeping on Cardano, especially as the token enters a recovery state.
The prospect of retiring on cryptocurrencies is gaining momentum, and Cardano holders are among those hoping their ADA bags deliver such upside. Cardano has joined a broader market recovery today, rallying 5% over the past 24 hours to reach $0.6861.
Content creator OxManuel has made a bold prediction on Cardano and the prospect that its future price trajectory will retire current holders. OxManuel shared these thoughts in his recent X post, maintaining a bullish stance on the cryptocurrency.
The pro-crypto City of Lugano in Switzerland has reinstated the statue honoring the legacy of the pseudonymous Bitcoin founder, Satoshi Nakamoto. Still unknown, yet his legacy continues to grow.
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