Asset manager Morgan Stanley is actively building a crypto trading feature for retail users.

Morgan Stanley to offer retail crypto trading on E*TRADE

Crypto analyst Egrag Crypto predicted a macro channel breakout that could be 
imminent for the XRP. The analyst indicated that the altcoin could reach 
double digits if this breakout plays out as expected. XRP Price Eyes Rally To 
$55 With Potential Macro Channel Breakout In an X post, Egrag Crypto raised 
the possibility of a macro channel breakout for the XRP price and stated that 
the measured move points to a potential high of $55. He stated that he had his 
eyes on the $27 target, although he indicated that the altcoin will likely 
surpass this price level on this move as it looks to hit $55. Related Reading: 
Is The XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is 
Coming This ultra-bullish prediction came as the analyst revealed that the XRP 
price is currently in candle number 5. He remarked that if history is any 
guide, then market participants should be looking at a mega monthly candle. If 
XRP were to follow the same pattern, the analyst affirmed that the target of 
$17 is definitely in play. In another X post, Egrag Crypto again predicted 
that the XRP price could at least reach $27 in this market cycle. He stated 
that he is becoming increasingly convinced that XRP is mirroring the 2017 bull 
run, although the timing may be either delayed or accelerated. The analyst 
predicted that the altcoin would reach double digits by the end of Wave 3 this 
summer. Meanwhile, he believes Wave 4 will unfold over the next three years, 
followed by a bear market, and then the XRP price will reach triple digits in 
the next bull run. Egrag Crypto is confident that XRP could reach as high as 
$120 when that time comes. In the meantime, XRP is still battling to break 
above key resistance levels, which could pave the way for a new all-time high 
(ATH). A Bull Pennant Forming On Weekly Chart In an X post, crypto analyst 
XRPunkie drew attention to a bull pennant that was forming for the XRP price 
on the weekly chart. He stated that this bullish pattern is ready for a 
breakout once XRP completes the final pullback to between $1.80 and $2. The 
analyst added that the technical target of this bull pennant is between $13 
and $14. XRPunkie warned that there will be more pullbacks along the way to 
$14, so he advised that investors look to secure profits. Related Reading: 
Analyst Sets XRP Price Target At $6.5, These Dates Are Key Crypto analyst Ali 
Martinez has indicated that the short-term target for the XRP price is between 
$2.70 and $2.90. In an X post, he stated that the altcoin looks to be breaking 
out of an inverse head and shoulders pattern, with a potential upside target 
of these price levels. At the time of writing, the XRP price is trading at 
around $2.2, down almost 2% in the last 24 hours, according to data from 
CoinMarketCap. Featured image from Pexels, chart from Tradingview.com

XRP Price Macro Channel Breakout That Puts Targets At $17-$55

Coinbase announced on Thursday that it will suspend trading of the Movement 
token on May 15 at 2:00 p.m. ET, citing routine asset reviews to ensure that 
listing standards are met. The exchange said MOVE (MOVE) order books have 
already…

MOVE drops 20% as Coinbase announces trading suspension on May 15

Jobless claims surged at the end of April according to fresh data from the 
Department of Labor, but both traditional and crypto markets still rallied 
Thursday morning. Markets Rally: Bitcoin Hits $97K Even as Jobs Data 
Disappoints The number of unemployed Americans filing for jobless benefits 
swelled to a seasonally adjusted 241,000 for the week […]

Bitcoin Breaks $97K as Markets Defy Weak Employment Data

Pipe Network is launching rewards for node operators that help build the 
decentralized version of the internet.

Solana-based Pipe Network launches rewards for its decentralized internet

World App has introduced a large retail rollout of decentralized finance 
tools, giving over 25 million users access to lending, borrowing, and yield- 
generating products directly within the app. The integration, powered by 
Morpho—a decentralized lending platform with over $4.5 billion…