The withdrawal of crypto ETF plans by Truth Social may signal shifting 
strategies or regulatory challenges in the evolving digital asset market.
The post Trump&#8217;s Truth Social files to scrap Bitcoin, Ether and blue chip ETF 
plans appeared first on Crypto Briefing.

The withdrawal of crypto ETF plans by Truth Social may signal shifting strategies or regulatory challenges in the evolving digital asset market. The post Trump&#8217;s Truth Social files to scrap Bitcoin, Ether and blue chip ETF plans appeared first on Crypto Briefing.

Trump’s Truth Social files to scrap Bitcoin, Ether and blue chip ETF plans

Solana failed to settle above $92 and corrected most gains. SOL price is now 
consolidating losses above $84 and might attempt another increase. SOL price 
started a fresh decline below $90 and $88 against the US Dollar. The price is 
now trading below $87 and the 100-hourly simple moving average. There is a 
connecting bearish trend line forming with resistance at $85 on the hourly 
chart of the SOL/USD pair (data source from Kraken). The price could start a 
recovery wave if the bulls defend $84.00 or $82.50. Solana Price Dips From $94 
Solana price failed to remain stable above $92 and started a fresh decline, 
like Bitcoin and Ethereum. SOL declined below the $90 and $88 levels. The 
bears even pushed the price toward $83. A low was formed at $83.35, and the 
price is now consolidating losses. The price is still showing bearish signs 
below the 23.6% Fib retracement level of the downward move from the $93.63 
swing high to the $83.35 low. Solana is now trading near $85 and the 
100-hourly simple moving average. Besides, there is a connecting bearish trend 
line forming with resistance at $85 on the hourly chart of the SOL/USD pair. 
On the upside, immediate resistance is near the $85 level. The next major 
resistance is near the $85.80 level. The main resistance could be $88.50 or 
the 50% Fib retracement level of the downward move from the $93.63 swing high 
to the $83.35 low. A successful close above the $88.50 resistance zone could 
set the pace for another steady increase. The next key resistance is $90. Any 
more gains might send the price toward the $92 level. More Losses In SOL? If 
SOL fails to rise above the $88.80 resistance, it could continue to move down. 
Initial support on the downside is near the $83.50 zone. The first major 
support is near the $82 level. A break below the $82 level might send the 
price toward the $80 support zone. If there is a close below the $80 support, 
the price could decline toward the $75 support in the near term. Technical 
Indicators Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish 
zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is 
below the 50 level. Major Support Levels – $83.50 and $82.00. Major Resistance 
Levels – $85.80 and $88.50.

Solana failed to settle above $92 and corrected most gains. SOL price is now consolidating losses above $84 and might attempt another increase. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $87 and the 100-hourly simple moving average. There is a connecting bearish &#8230;

Solana (SOL) Drops Into Bearish Zone, Key Supports Come Under Threat

XRP is approaching a crucial turning point as price action tightens within a 
major consolidation range, fueling speculation that a breakout could be near. 
With bullish momentum slowly building, analysts believe a decisive move above 
the key $1.50 resistance level could ignite a powerful rally toward higher 
targets in the coming sessions. Bollinger Band Squeeze Signals Explosive Move 
Ahead Crypto analyst Ali Charts believes XRP may be on the verge of a major 
breakout move as volatility continues to tighten across higher time frames. 
According to the analyst, the Bollinger Bands on XRP’s 3-day chart are 
experiencing their tightest squeeze in more than a year, a condition that 
often precedes a sharp expansion in price action. Related Reading: XRP’s 
Recent Strategic Setup Could Mark The End For Bears – Crypto Analyst Says 
Despite the growing anticipation, he described the current setup as a no-trade 
zone, emphasizing that traders should avoid premature positions until the 
market confirms its next direction with a decisive breakout. The analyst is 
closely watching the $1.50 and $1.29 levels for confirmation. A clean 3-day 
candlestick close above $1.50 would likely trigger an upside rally toward his 
primary target around $1.80. Such a breakout would indicate that buyers have 
regained strong control of momentum. On the downside, Ali warned that a close 
below $1.29 would weaken the current bullish structure and increase the 
possibility of a deeper correction toward the key psychological support near 
$1. He stressed that patience remains crucial in the current environment, 
noting that waiting for the Bollinger Bands to break before entering trades 
offers a good risk-to-reward opportunity. XRP Remains Trapped Inside Broad 
Corrective Triangle XRP is currently navigating a broad, corrective triangle 
structure following a failed attempt at an upside breakout. More Crypto Online 
highlighted that this recent price action lacks necessary impulsive 
characteristics, suggesting the asset remains locked within a wide, range- 
bound environment for the time being. Related Reading: XRP Price Momentum 
Turns Fragile, Traders Brace For Further Weakness The preferred technical 
scenario allows for the continued development of this larger triangle 
formation, which may eventually support another move higher as part of a 
developing C-wave. Thus, the primary resistance clusters are located at $1.55, 
$1.60, and $1.66, serving as potential ceilings for the move. Conversely, the 
structural integrity of this triangle weakens significantly should the price 
breach the critical support threshold of $1.28. Before reaching that level, 
the next support is around $1.30, followed by a deeper liquidity zone situated 
between $1.26 and $1.16, which serves as the ultimate range support. XRP 
continues to oscillate within this corrective range. While an upside extension 
remains a possibility, the market has yet to demonstrate a convincing, 
impulsive breakout. Nonetheless, the burden of proof rests with the bulls to 
initiate a definitive trend shift above current resistance levels. Featured 
image from Adobe Stock, chart from Tradingview.com

XRP is approaching a crucial turning point as price action tightens within a major consolidation range, fueling speculation that a breakout could be near. With bullish momentum slowly building, analysts believe a decisive move above the key $1.50 resistance level could ignite a powerful rally toward higher targets in the coming sessions. Bollinger Band Squeeze &#8230;

XRP Breakout Loading? Key $1.50 Level Could Ignite Powerful Rally

Solana’s tokenized real-world asset market expanded 43% in the first quarter, 
even as broader crypto markets weakened. Application revenue remained 
resilient, while developers pushed ahead with infrastructure upgrades to 
dramatically improve network speed and scalability. Solana App Revenue Holds 
$342M Despite SOL Declining by 33% Solana’s blockchain economy showed 
surprising resilience in the first quarter […]

Solana’s tokenized real-world asset market expanded 43% in the first quarter, even as broader crypto markets weakened. Application revenue remained resilient, while developers pushed ahead with infrastructure upgrades to dramatically improve network speed and scalability. Solana App Revenue Holds $342M Despite SOL Declining by 33% Solana’s blockchain economy showed surprising resilience in the first quarter &#8230;

Solana Real-World Assets Hit $2B as Tokenized Assets Fuel Ecosystem Growth

Bankr recommends that affected users create a new wallet, generate a new seed 
phrase on a clean device and revoke approvals if remaining assets can’t be 
moved.

Bankr recommends that affected users create a new wallet, generate a new seed phrase on a clean device and revoke approvals if remaining assets can’t be moved.

Bankr temporarily disables transactions after 14 wallets hacked

XRP price extended losses and traded below $1.40. The price is now 
consolidating losses and faces hurdles near $1.3650 and $1.3940. XRP price 
started another decline and traded below the $1.40 zone. The price is now 
trading below $1.3880 and the 100-hourly Simple Moving Average. There is a 
bearish trend line forming with resistance at $1.3720 on the hourly chart of 
the XRP/USD pair (data source from Kraken). The pair could continue to move 
down if it stays below $1.40. XRP Price Dips Below $1.40 XRP price failed to 
stay above $1.4150 and extended its decline, like Bitcoin and Ethereum. The 
price declined below $1.4050 and $1.40 to enter a short-term bearish zone. The 
price even extended losses below $1.380. A low was formed at $1.3464, and the 
price is now consolidating losses well below the 23.6% Fib retracement level 
of the downward move from the $1.5495 swing high to the $1.3464 low. The price 
is now trading below $1.3880 and the 100-hourly Simple Moving Average. If 
there is a fresh recovery move, the price might face resistance near the 
$1.3650 level. There is also a bearish trend line forming with resistance at 
$1.3720 on the hourly chart of the XRP/USD pair. The first major resistance is 
near the $1.380 level. The main resistance could be $1.3940. A close above 
$1.3940 could send the price to $1.40. The next hurdle sits at $1.4250 or the 
50% Fib retracement level of the downward move from the $1.5495 swing high to 
the $1.3464 low. A clear move above the $1.4250 resistance might send the 
price toward the $1.440 resistance. Any more gains might send the price toward 
the $1.450 resistance. More Losses? If XRP fails to clear the $1.40 resistance 
zone, it could start a fresh decline. Initial support on the downside is near 
the $1.3465 level. The next major support is near the $1.3350 level. If there 
is a downside break and a close below the $1.3350 level, the price might 
continue to decline toward $1.3220. The next major support sits near the 
$1.320 zone, below which the price could continue lower toward $1.3120. 
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 – $1.3465 and $1.3350. Major 
Resistance Levels – $1.3720 and $1.3940.

XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3650 and $1.3940. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.3880 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at &#8230;

Cryptocurrency price in CNY

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