Solana price has shown strong resilience at the $145 level, maintaining 
support amid heightened volatility following its ETF approval, this opens the 
possibility of a bottom forming.

Solana price defends $145 level following ETF approval, hints at possible bottom

Nvidia stock drops $800 billion amid AI sector jitters and new rivals, 
highlighting investor concerns over growth and rising competition.
The post Nvidia stock falls 5%, losing $800 billion since Monday appeared 
first on Crypto Briefing.

Nvidia stock falls 5%, losing $800 billion since Monday

XRP is holding firm on the weekly time frame despite the latest market-wide 
drawdown, according to an Elliott Wave roadmap shared by crypto technician Hov 
(@HovWaves). On Hov’s Bitstamp-based 1W chart, the current candle sits near 
$2.22 with three days and several hours left to close, and the structure 
remains nested inside a higher-time-frame impulse that he counts as wave iii 
completed, wave iv in progress, and a prospective wave v aiming materially 
higher. Is The XRP Bottom In? The key reference band for pullbacks is defined 
by Fibonacci retracements measured from the latest vertical advance. Hov plots 
the 0.236 retracement at $2.094, the 0.382 at $1.548, the 0.5 at $1.213, and 
the 0.618 at $0.950. The price has broken down to the 0.236 neighborhood, 
probing a turquoise demand box that overlaps the 0.382 ($1.548) on the lower 
edge. That zone also contains the October 10 liquidity event wick he 
highlights around $1.58. In his accompanying note, Hov stresses that the last 
rise from that low has only formed three waves to date, leaving room for “one 
more small low on the micro before it’s all said and done,” while adding, “I 
don’t think it takes out the 1.58 low” and that, because of the wick, “we’re 
likely to see a truncation on this move.” Related Reading: XRP Holds The Line 
As Bulls Eye $3.40 — Can 20-Month EMA Power Next Breakout? The upside map 
hinges on two resistance landmarks. First is a boxed supply region overhead 
that caps out just below a labeled swing marker at “0 (3.41159),” effectively 
framing $3.41 as the final pivot from the prior leg. More important for 
confirmation, Hov marks “HTF close above $2.94 is the key.” That $2.94 weekly 
close is his validation level that would reassert the impulsive trend and 
unlock a measured extension to his first target. That target is explicit on 
the chart: the next leg’s objective aligns with the −0.236 extension printed 
at $5.558. A curved projection path from the current area arcs through the 
retracement box and then accelerates vertically toward the target, annotated 
with a circled “V” at the terminal portion of the move and a higher-degree “3” 
on the scale, consistent with an impulse termination at or near the extension. 
Related Reading: 84% Of XRP Sell Pressure Comes From Korea As $2 Looms, 
Analyst Warns Context from the left side of the chart shows how structurally 
important the base has been. A broad turquoise accumulation band anchored 
around the $0.43 handle (labeled “1 (0.43128)”) held price throughout 
2023–2024, preceding the breakout that staged the current impulse. Above that, 
a second, higher turquoise band spans the 2021 reaction zone and now acts as 
the battleground for the present consolidation beneath $3.41. A visible-range 
profile overlay inside the consolidation rectangle shows the heaviest traded 
activity toward the left ridge of the range, underscoring why weekly closes 
above $2.94 would be decisive. Hov’s bottom line on X mirrors the chart. “XRP 
holding up exceptionally well on this market wide sell off,” he wrote, noting 
the coin remains “still up 40% off our level (threaded).” While he allows for 
a final marginal low—without undercutting $1.58—his roadmap retains a “first 
target” near $5.5, with the caveat that a “HTF close above $2.94 is the key.” 
At press time, XRP traded at $2.18. Featured image created with DALL.E, chart 
from TradingView.com

XRP Eyes $5.5, But The Best Entry Is Still Ahead: Analyst

Is ETH’s deflationary edge fading? Could XRP’s speed, compliance and liquidity 
network make it the next global bridge in digital finance?

What happens if ETH stops being deflationary and XRP becomes the global liquidity benchmark?

Trump Media’s net loss highlights the high costs of its ambitious expansion, 
even as it deploys capital into digital assets like Bitcoin and Cronos, 
betting on their future returns to offset current expenses. On Nov. 7, Trump 
Media and Technology…

Cryptocurrency price in DKK