The EU&#8217;s financial backing for Ukraine underscores sustained Western support, 
potentially prolonging geopolitical tensions and delaying peace.
The post EU approves €90B loan to Ukraine as Hungary lifts veto on pipeline 
repair appeared first on Crypto Briefing.

EU approves €90B loan to Ukraine as Hungary lifts veto on pipeline repair

XRP price started a recovery wave above $1.360 and $1.3620. The price is now 
consolidating and might aim for a fresh move if it clears $1.3830. XRP price 
started a recovery wave above the $1.3620 zone. The price is now trading below 
$1.3850 and the 100-hourly Simple Moving Average. There is a bearish trend 
line forming with resistance at 1.3760 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move up if it settles 
above $1.3830. XRP Price Holds Support XRP price remained supported above 
$1.3450 and started a recovery wave, like Bitcoin and Ethereum. The price was 
able to climb above $1.3550 and $1.3620 to enter a short-term positive zone. 
There was also a move above the 23.6% Fib retracement level of the downward 
move from the $1.4060 swing high to the $1.3460 swing low. However, the bears 
are now active near the $1.3750 zone. Besides, there is a bearish trend line 
forming with resistance at 1.3760 on the hourly chart of the XRP/USD pair. The 
price is now trading below $1.3850 and the 100-hourly Simple Moving Average. 
If there is a fresh upward move, the price might face resistance near the 
$1.3830 level or the 61.8% Fib retracement level of the downward move from the 
$1.4060 swing high to the $1.3460 swing low. The first major resistance is 
near the $1.3920 level. A close above $1.3920 could send the price to $1.40. 
The next hurdle sits at $1.4060. A clear move above the $1.4060 resistance 
might send the price toward the $1.4120 resistance. Any more gains might send 
the price toward the $1.420 resistance. Another Drop? If XRP fails to clear 
the $1.3830 resistance zone, it could start a fresh decline. Initial support 
on the downside is near the $1.3620 level. The next major support is near the 
$1.350 level. If there is a downside break and a close below the $1.350 level, 
the price might continue to decline toward $1.3220. The next major support 
sits near the $1.3150 zone, below which the price could continue lower toward 
$1.30. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining 
pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for 
XRP/USD is now above the 50 level. Major Support Levels – $1.3620 and $1.3500. 
Major Resistance Levels – $1.3830 and $1.3920.

XRP Price Downtrend May Resume, Sellers Eye Control Again

The disruption in the Strait of Hormuz underscores the vulnerability of global 
oil supply chains, potentially leading to sustained economic volatility.
The post Middle East conflict disrupts Strait of Hormuz, oil prices surge 46% 
in March appeared first on Crypto Briefing.

Middle East conflict disrupts Strait of Hormuz, oil prices surge 46% in March

The centrist bloc&#8217;s emergence could destabilize Netanyahu&#8217;s leadership, 
signaling a potential shift in Israeli political dynamics by 2026.
The post Bennett-Lapid bloc challenges Netanyahu&#8217;s leadership amid Israeli 
political shift appeared first on Crypto Briefing.

Bennett-Lapid bloc challenges Netanyahu’s leadership amid Israeli political shift

On-chain analytics firm Glassnode has highlighted how the latest Bitcoin 
rejection came inside a zone containing some historically important cost basis 
levels. Bitcoin Could Find Support At -1 SD Of The STH Realized Price Next In 
its latest weekly report, Glassnode has talked about a key cost basis zone 
that Bitcoin retested recently. The region in question involves two major on- 
chain metrics: the Short-Term Holder Cost Basis and True Market Mean. Related 
Reading: Dogecoin Surges 11%: Is This Parallel Channel Resistance Next? The 
first of these, the Short-Term Holder Cost Basis, measures the average 
acquisition price of the short-term holders (STHs), investors who purchased 
their Bitcoin during the past 155 days. Statistically, the longer investors 
hold onto their coins, the less likely they become to sell them at any point. 
Since the STHs represent the new entrants of the market with a relatively low 
holding time, they can be considered the weak side of the market. Due to their 
fickle nature, the STHs tend to be sensitive to retests of their cost basis. 
In bearish periods, this can show up as panic selling around their break-even 
mark, while in bullish phases they accumulate more at it. The other on-chain 
level of relevance here, the True Market Mean, tracks the cost basis of the 
active market participants. It aims to provide a break-even mark for the 
network as a whole. Currently, the True Market Mean is located at $78,000, 
while the STH Cost Basis at $79,000. Together, these two levels mark a zone 
that could act as resistance for the any rallies in this bearish environment. 
And indeed, BTC&#8217;s recent attempt at recovery hit the brakes around these 
levels. As Glassnode explains: This behavior is a textbook pattern in bear 
markets, where price approaches the breakeven level of the most price- 
sensitive cohort, the incentive to exit positions overwhelms incoming demand, 
exhausting upside momentum. With Bitcoin rejected from this zone, the next 
major level of interest could be a standard deviation (SD) of the STH Cost 
Basis. Below is a chart that maps some SDs of the metric for BTC. From the 
graph, it&#8217;s visible that after rejection at the STH Cost Basis, the next level 
is the -1 SD at $68,000. In the past, this level has often acted as a point of 
support. It now remains to be seen whether Bitcoin will make another attempt 
at the resistance zone of the True Market Mean and the STH Cost Basis or if it 
will have to fall back to support. Related Reading: Bitcoin $90,000 
Predictions Surge Across Social Media—Contrarian Signal? BTC&#8217;s earlier rally 
fizzling out is also visible through the lens of STH Realized Profit. As is 
visible in the below chart, the STHs ramped up their profit-taking as the BTC 
price marched up. BTC Price Bitcoin has fallen to the $76,400 mark since its 
pullback. Featured image from Dall-E, chart from TradingView.com

Bitcoin Rejected At Key Cost Basis Zone—Is $68,000 The Next Support?

Increased geopolitical tensions from US-Iran operations may destabilize 
markets, affecting investor confidence and broader economic indices.
The post US confirms military operations in Iran, impacting SPY market 
stability appeared first on Crypto Briefing.

Cryptocurrency price in NOK

Market Overview