Internet Computer’s ICP token rallied for the fourth day, outperforming the broader crypto market amid hype over the announcement of its new AI-driven platform, Caffeine. According to data from crypto.news, Internet Computer (ICP) rose 8% to an intraday high of…

ICP defies crypto downturn with Caffeine-fueled rally and whale accumulation

XRP price started a downside correction from the $3.650 zone. The price is now 
trading below $3.30 and remains at risk of more losses. XRP price started a 
downside correction below the $3.50 zone. The price is now trading below 
$3.450 and the 100-hourly Simple Moving Average. There is a key bearish trend 
line forming with resistance at $3.30 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could start another increase if it stays 
above the $3.050 zone. XRP Price Dips Further XRP price started a fresh 
decline after it failed to clear the $3.650 resistance zone, like Bitcoin and 
Ethereum. The price declined below the $3.450 and $3.350 support levels. The 
decline was such that the price traded below the $3.120 level. A low was 
formed at $3.050 and the price is now consolidating losses near the 23.6% Fib 
retracement level of the recent decline from the $3.650 swing high to the 
$3.050 low. The price is now trading below $3.450 and the 100-hourly Simple 
Moving Average. There is also a key bearish trend line forming with resistance 
at $3.30 on the hourly chart of the XRP/USD pair. On the upside, the price 
might face resistance near the $3.2320 level. The first major resistance is 
near the $3.2650 level. A clear move above the $3.2650 resistance might send 
the price toward the $3.350 resistance or the 50% Fib retracement level of the 
recent decline from the $3.650 swing high to the $3.050 low. Any more gains 
might send the price toward the $3.450 resistance or even $3.50 in the near 
term. The next major hurdle for the bulls might be near the $3.650 zone. 
Another Drop? If XRP fails to clear the $3.350 resistance zone, it could start 
another decline. Initial support on the downside is near the $3.150 level. The 
next major support is near the $3.120 level. If there is a downside break and 
a close below the $3.120 level, the price might continue to decline toward the 
$3.050 support. The next major support sits near the $3.00 zone. Technical 
Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the 
bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is 
now below the 50 level. Major Support Levels – $3.120 and $3.050. Major 
Resistance Levels – $3.250 and $3.350.

XRP Price Trims Gains After Rally – Is This Just a Healthy Correction?

Ethereum price started a downside correction from the $3,850 zone. ETH is now 
moving lower but might find bids near the $3,520 support zone. Ethereum 
started a downside correction below the $3,770 level. The price is trading 
below $3,680 and the 100-hourly Simple Moving Average. There is a key bearish 
trend line forming with resistance at $3,670 on the hourly chart of ETH/USD 
(data feed via Kraken). The pair could start a fresh increase if it remains 
supported above the $3,550 zone in the near term. Ethereum Price Holds Support 
Ethereum price failed to extend gains above the $3,850 level and started a 
downside correction, like Bitcoin. ETH price traded below the $3,800 and 
$3,770 support levels. There was a move below the 50% Fib retracement level of 
the upward move from the $3,480 swing low to the $3,859 high. The decline was 
such that the price even dived below the $3,660 level and the 100-hourly 
Simple Moving Average. However, the bulls were active near the 76.4% Fib 
retracement level of the upward move from the $3,480 swing low to the $3,859 
high. Ethereum price is now trading below $3,680 and the 100-hourly Simple 
Moving Average. On the upside, the price could face resistance near the $3,670 
level. There is also a key bearish trend line forming with resistance at 
$3,670 on the hourly chart of ETH/USD. The next key resistance is near the 
$3,770 level. The first major resistance is near the $3,800 level. A clear 
move above the $3,800 resistance might send the price toward the $3,850 
resistance. An upside break above the $3,850 resistance might call for more 
gains in the coming sessions. In the stated case, Ether could rise toward the 
$4,000 resistance zone or even $4,200 in the near term. Another Decline In 
ETH? If Ethereum fails to clear the $3,670 resistance, it could start a 
downside correction. Initial support on the downside is near the $3,600 level. 
The first major support sits near the $3,570 zone. A clear move below the 
$3,570 support might push the price toward the $3,520 support. Any more losses 
might send the price toward the $3,450 support level in the near term. The 
next key support sits at $3,320. Technical Indicators Hourly MACD – The MACD 
for ETH/USD is losing momentum in the bearish zone. Hourly RSI &#8211; The RSI for 
ETH/USD is now below the 50 zone. Major Support Level – $3,520 Major 
Resistance Level – $3,670

Ethereum Price Slips on Profit-Taking – Limited Downside as Whale Demand Holds

The Ethereum validator exit queue is at its longest in nearly two years as 
$2.3 billion worth of Ether now awaits unstaking. Is it profit taking or 
repositioning?

Ether stumbles as ETH validator exit queue hits 18-month high

The US Ninth Circuit Court of Appeals has reversed Yuga Labs’ $9 million 
reward in its trademark infringement suit against artist Ryder Ripps.

US appeals court overturns Yuga Labs’ $9M win against Ryder Ripps

MARA Holdings announced plans to issue $850 million in zero-coupon convertible 
notes due 2032, with proceeds earmarked for bitcoin purchases and debt 
repayment. $850 Million in Convertible Notes to Fund Additional Bitcoin 
Acquisition MARA Holdings, Inc. (Nasdaq: MARA) has announced plans to raise 
$850 million through a private offering of zero-coupon convertible senior 
notes due […]