The liquidity crunch in DeFi markets could hinder Solana&#8217;s growth and 
stability, necessitating urgent interventions to restore confidence.
The post DeFi funds outflow impacts Solana, hits USDC markets amid liquidity 
crunch appeared first on Crypto Briefing.

DeFi funds outflow impacts Solana, hits USDC markets amid liquidity crunch

The US Navy&#8217;s seizure of an Iranian vessel heightens regional tensions, 
potentially escalating military conflicts and impacting global markets.
The post US Navy seizes Iranian vessel M/V Touska after six-hour standoff 
appeared first on Crypto Briefing.

US Navy seizes Iranian vessel M/V Touska after six-hour standoff

XRP price extended losses and traded below $1.450. The price is now 
consolidating losses and faces hurdles near $1.420 and $1.4370. XRP price 
started another decline and traded below the $1.3550 zone. The price is now 
trading below $1.350 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $1.420 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.450. XRP Price Dips Again XRP price failed to stay 
above $1.4850 and extended its decline, underperforming Bitcoin and Ethereum. 
The price declined below $1.4650 and $1.450 to enter a short-term bearish 
zone. The price even extended losses below $1.4250. A low was formed at 
$1.3917, and the price is now consolidating losses. There was a minor upward 
move toward the 23.6% Fib retracement level of the downward move from the 
$1.510 swing high to the $1.3917 low. The price is now trading below $1.4250 
and the 100-hourly Simple Moving Average. If there is a fresh recovery move, 
the price might face resistance near the $1.420 level. There is also a bearish 
trend line forming with resistance at $1.420 on the hourly chart of the 
XRP/USD pair. The first major resistance is near the $1.4370 level or the 
38.2% Fib retracement level of the downward move from the $1.510 swing high to 
the $1.3917 low. The main resistance could be $1.4650. A close above $1.4650 
could send the price to $1.4820. The next hurdle sits at $1.4880. A clear move 
above the $1.4880 resistance might send the price toward the $1.50 resistance. 
Any more gains might send the price toward the $1.5150 resistance. More 
Losses? If XRP fails to clear the $1.420 resistance zone, it could start a 
fresh decline. Initial support on the downside is near the $1.40 level. The 
next major support is near the $1.3840 level. If there is a downside break and 
a close below the $1.3840 level, the price might continue to decline toward 
$1.3650. The next major support sits near the $1.350 zone, below which the 
price could continue lower toward $1.3220. Technical Indicators Hourly MACD – 
The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI 
(Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. 
Major Support Levels – $1.4000 and $1.3840. Major Resistance Levels – $1.4200 
and $1.4370.

XRP Price Revisits $1.40 Level, Recovery Hopes Hang In Balance

Musk&#8217;s gesture highlights the profound impact of fulfilling personal dreams, 
sparking economic ripples and renewed interest in meme tokens.
The post Elon Musk answers teen&#8217;s final wish, agrees to make her plush dog 
SpaceX&#8217;s official mascot appeared first on Crypto Briefing.

Elon Musk answers teen’s final wish, agrees to make her plush dog SpaceX’s official mascot

Rising European gas prices highlight the vulnerability of global energy 
markets to geopolitical tensions, potentially impacting supply chains.
The post European gas prices jump 11% amid US-Iran tensions appeared first on 
Crypto Briefing.

Cryptocurrency price in AED