This content is provided by a sponsor. PRESS RELEASE. Taipei, Taiwan, February 
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TRON Network Integrated by CoolWallet to Deliver Lower-Cost, High-Speed Transactions With Full Self-Custody

BBVA&#8217;s involvement in the consortium could enhance Europe&#8217;s financial 
independence and innovation, challenging US dominance in stablecoins.
The post Spanish banking giant BBVA joins Qivalis consortium to issue European 
stablecoin appeared first on Crypto Briefing.

Spanish banking giant BBVA joins Qivalis consortium to issue European stablecoin

Bitcoin fell to its lowest levels since November 2024 after beating its 
previous bottom, with $70,000 BTC price support and under coming into focus.

Bitcoin price sets new 15-month low under $73K as crypto liquidates $800M

On Wednesday, XRP spot values traded in a tight $1.53 to $1.62 range over the 
past 24 hours and was last seen at $1.56 at press time on Feb. 4, as 
derivatives data signaled a market growing more selective rather than outright 
confident. XRP Derivatives Flash Mixed Signals as Volatility Fades Options 
activity continues to […]

XRP Derivatives Paint a Cautious Picture as Price Stalls Under $1.65

Crypto analyst Diana has predicted that the XRP price could rally to $7, 
representing a 450% gain for the altcoin. She alluded to technical setups that 
prove that the token could reach this price target this year, which would mark 
a new all-time high (ATH). XRP Price Eyes 450% Rally To $7 In an X post, Diana 
stated that the XRP price technical setup targets $7 next based on the Elliot 
Wave and Fibonacci levels. She noted that right now, the altcoin is sitting at 
a critical support zone between $1.50 and $1.55 and that this is the level 
buyers must defend. If this support holds, the analyst predicts that XRP can 
rise to between $1.88 and $2 with volume, which could lead to the chart 
opening up fast. Related Reading: XRP Price Crash Is Not Over If This Support 
Doesn’t Hold Diana also highlighted the short, medium, and long-term outlook 
for the XRP price even as it looks to surge to the $7 target this year. In the 
short term, she expects a clean breakout above $2, which could send XRP to 
between $2.20 and $2.70, a move that the analyst noted will finish the current 
local wave. For the medium-term outlook, Diana noted that the XRP price 
structure looks like the start of a larger wave 5 impulse from the 2025 to 
2026 lows. Using Fibonacci extensions and channel projections, she stated that 
the major target lands in the $5 to $8 zone, with $7 lining up perfectly as 
the next realistic cycle high. The analyst also predicted that the XRP price 
could reach this target within the next four to eight months if momentum 
continues. She added that XRP could peak between June and October 2026 in 
bullish scenarios. XRP Could Soon Begin Wave 4 Move To The Upside In an X 
post, crypto analyst CasiTrades stated that she expects the Wave 4 relief move 
to begin soon for the XRP price as the altcoin has held its current support 
nicely. She noted that the first resistance she is watching is the .382 
retrace at $1.78, which also coincides with the prior support breakdown. 
Related Reading: XRP Price Falls Below $1.6: You Won’t Believe What 
Institutions Are Doing Amid The Crash CasiTrades also noted that the Wave 2 
move was very shallow, with the XRP price only retracing to .382, and that in 
Elliot Wave, shallow Wave 2 moves often lead to deeper Wave 4 retraces. As 
such, she believes that it is possible that this Wave 4 move could push higher 
toward $1.93 or even up to the $2.03 macro .5 retracement level. The analyst 
added that the XRP price needs to reclaim $2.03 and hold it as support. This 
would invalidate the need for another wave down toward $1.55 or lower, thereby 
causing Wave 5 to fail. At the time of writing, the XRP price is trading at 
around $1.58, down in the last 24 hours, according to data from CoinMarketCap. 
Featured image from Peakpx, chart from Tradingview.com

Cryptocurrency price in KRW