XRP price is consolidating above the $0.420 support zone. The price could gain bullish momentum if there is a move above the $0.440 and $0.4450 resistance levels. XRP price is attempting a recovery wave above the $0.4220 zone. The price is now trading above $0.430 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $0.4370 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a decent upward move if it clears the $0.440 and $0.450 resistance levels. XRP Price Aims Higher XRP price formed a base above the $0.4050 level and recently started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above the $0.420 and $0.4250 resistance levels. The bulls were able to push the price above the 61.8% Fib retracement level of the downward move from the $0.4500 swing high to the $0.4035 low. However, the bears seem to be active near the $0.4380 and $0.440 levels. There is also a short-term contracting triangle forming with resistance at $0.4370 on the hourly chart of the XRP/USD pair. The pair is now trading above $0.4270 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $0.4370 level. The first major resistance is near the $0.4400 level or the 76.4% Fib retracement level of the downward move from the $0.4500 swing high to the $0.4035 low. The next key resistance could be $0.450. A clear move above the $0.450 resistance might send the price toward the $0.4720 resistance. The next major resistance is near the $0.480 level. Any more gains might send the price toward the $0.4880 resistance. Another Drop? If XRP fails to clear the $0.440 resistance zone, it could start another decline. Initial support on the downside is near the $0.4320 level. The next major support is at $0.420. If there is a downside break and a close below the $0.420 level, the price might continue to decline toward the $0.4050 support in the near term. 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 above the 50 level. Major Support Levels – $0.4200 and $0.4050. Major Resistance Levels – $0.4400 and $0.4500.
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SEC Slaps Major Companies with Hefty Fines for Communication Violations
The SEC imposed $63.1 million in fines on major financial firms. Companies violated federal record-keeping laws using unapproved communication methods. Continue Reading: SEC Slaps Major Companies with Hefty Fines for Communication Violations The post SEC Slaps Major Companies with Hefty Fines for Communication Violations appeared first on COINTURK NEWS . NewsBTC
IntelMarkets vs XRP, Which altcoin can pump another 800% in January?
The cryptocurrency landscape is continually shifting, with both seasoned and emerging projects vying for dominance. As 2025 begins, two projects have caught the spotlight for their potential to deliver substantial returns. Ripple, a well-established player known for transforming international transactions, remains a staple for investors. Conversely, IntelMarkets has burst onto the scene, capturing attention with its AI-integrated tools and quantum-proof technologies. Both offer distinct possibilities, leaving investors curious about which one might experience the next significant breakthrough. Keep reading to explore which project could see impressive growth this January! Can Ripple Maintain Its Edge in a Fierce Market? Ripple has been making impressive progress lately, reaching the $3 mark for the first time. Its market valuation soared past $176 billion in a single day. Additionally, large investors have acquired more than 1.4 billion Ripple in just two months, reflecting their optimism about XRP`s future value. Recently, XRP`s price broke out of a restrictive pattern that had impeded its movement for weeks, and analysts are optimistic about further growth. Market indicators like RSI show robust activity, hinting at the possibility of additional price hikes for XRP. Furthermore, Ripple is enhancing its ecosystem by reducing ledger costs and increasing activity in decentralized applications, which adds even more value. These advancements suggest that XRP`s price could remain competitive. Ripple`s ability to adapt and leverage its strengths could help it maintain its market position over time. IntelMarkets: The Fresh Altcoin with 800% January Growth Potential IntelMarkets is making waves in the realm of innovative crypto trading, with many anticipating significant growth this January. Utilizing AI-driven trading bots, it equips traders with sophisticated strategies designed to enhance profitability. These bots process thousands of data points instantly, spotting opportunities far quicker than any human can. The tokenomics are structured to support value growth, with the presale raising over $6.7 million and the $INTL token valued at $0.08, presenting strong potential for an 800% increase. The platform also provides perpetual futures trading, offering 24/7 access and short-selling options. With ample liquidity and advanced risk management, it ensures smooth and secure trading experiences for its users. IntelMarkets’ dual-chain capability on Ethereum and Solana addresses the varying preferences of traders. Alongside innovations like the QuantumX Wallet and the Route X21 quantum-proof protocol, the project tackles significant security and scalability issues. Insiders predict growing demand for the token as it progresses to the next phase at a higher price of $0.09. Moreover, it offers up to 1000x leverage, enabling users to maximize returns with minimal input. Cutting-edge tools like Intell-M provide real-time data, customizable indicators, and access to exclusive trading opportunities usually reserved for high-net-worth individuals. Additionally, its copy trading feature allows users to emulate the strategies of seasoned experts for steady results. For those investors looking for a project with the potential for substantial returns, IntelMarkets stands out as an exceptional choice. With technology driving its platform, it emerges as a contender capable of delivering exponential gains. Discover More About IntelMarkets: Presale: https://intelmarkets.io/ Buy Presale: https://buy.intelmarkets.io/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. NewsBTC