XRP price started a major increase above $1.50. The price is now consolidating 
gains and might aim for more gains above the $1.60 zone. XRP price started a 
steady upward move above the $1.50 zone. The price is now trading above $1.50 
and the 100-hourly Simple Moving Average. There is a key bullish trend line 
forming with support at $1.5220 on the hourly chart of the XRP/USD pair (data 
source from Kraken). The pair could continue to move up if it settles above 
$1.580. XRP Price Extends Its Surge XRP price started a major upward move 
above $1.450 and $1.480, like Bitcoin and Ethereum. The price gained pace for 
a clear move above the $1.50 resistance. The bulls even pumped the price 
toward the $1.550 zone. A high was formed at $1.6068 and the price started a 
minor pullback. There was a drop below the 23.6% Fib retracement level of the 
upward move from the $1.3855 swing low to the $1.6068 high. The price is now 
trading above $1.50 and the 100-hourly Simple Moving Average. There is also a 
key bullish trend line forming with support at $1.5220 on the hourly chart of 
the XRP/USD pair. If there is a fresh upward move, the price might face 
resistance near the $1.5650 level. The first major resistance is near the 
$1.580 level, above which the price could rise and test $1.60. A clear move 
above the $1.60 resistance might send the price toward the $1.6250 resistance. 
Any more gains might send the price toward the $1.6320 resistance. The next 
major hurdle for the bulls might be near $1.650. Downside Correction? If XRP 
fails to clear the $1.580 resistance zone, it could start a fresh decline. 
Initial support on the downside is near the $1.520 level and the trend line. 
The next major support is near the $1.470 level or the 61.8% Fib retracement 
level of the upward move from the $1.3855 swing low to the $1.6068 high. If 
there is a downside break and a close below the $1.470 level, the price might 
continue to decline toward $1.450. The next major support sits near the $1.420 
zone, below which the price could continue lower toward $1.3880. The main 
support could be $1.3680. Technical Indicators Hourly MACD – The MACD for 
XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – 
$1.520 and $1.470. Major Resistance Levels – $1.580 and $1.60.

XRP Price Climbs to $1.60 — Downside Seen Limited by Strong Support

“What’s a better time to cut interest rates than now? A third-grade student 
would know that,” said US President Donald Trump.

Trump ups pressure for Fed chair Powell to cut rates ‘right now’

Argentina&#8217;s ban on Polymarket may hinder access to global prediction markets, 
impacting financial transparency and innovation in the region.
The post Argentina blocks access to Polymarket after early bets on February 
inflation appeared first on Crypto Briefing.

Argentina blocks access to Polymarket after early bets on February inflation

Justice Cotter said in his judgment that the husband in the case has a high 
chance of succeeding, given the available evidence and recommended an early 
trial.

Wife used CCTV to steal $176M of husband’s crypto, UK court told

The institution has asked the government to allow digital financial assets to 
be issued on open networks like Ethereum, opening national businesses to 
international investments. Central Bank of Russia governor Elvira Nabiullina 
also stated that these regulations would help conduct cross-border 
settlements. Russia Sets Up Digital Assets As Vehicles For International 
Investment The Central Bank […]

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