Charles Hoskinson Questions XRP Holder Rights as Cardano Waits for ADA Breakout
Are XRP investors not receiving a fair share of Ripple’s success? Hoskinson criticizes the model while Cardano waits for momentum.
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21
April
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By John Isige - 5
Last week, the ETH/USD pair attempted to move higher, trying to begin the formation of a new upward trend, and on Friday reached three-month highs around 2462.00. It then corrected toward the middle Bollinger Band amid ongoing uncertainty surrounding the second round of negotiations between the United States and Iran, which, according to CNN, is set to take place in Pakistan as early as tomorrow. Reports suggest that the US delegation will be led by Vice President J.D. Vance, while the Iranian side will be headed by Parliament Speaker Mohammad Bagher Ghalibaf. Meanwhile, if the price breaks below 2250.00 (Murray [6/8], middle Bollinger Band), the decline could resume toward 2000.00 (Murray [0/8], lower Bollinger Band) and 1750.00 (Murray [–2/8]). At the same time, the 2500.00 level (Murray [4/8], middle Bollinger Band, W1) remains the key threshold for bulls: a breakout above it could reverse the long-term downtrend and open the way toward 2812.50 (Murray [6/8], 61.8% Fibonacci retracement), 3125.00 (Murray [+1/8], 50.0% Fibonacci retracement), and 3400.00 (the area of the January highs).
16
April
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By John Isige
- 48
SOL/USD remains trapped in the sideways range of 75.00–91.00, despite the recovery seen across most leading crypto assets, which analysts primarily link to hopes for a peaceful resolution of the Middle East crisis. A confirmed move below the lower boundary at 75.00 (Murray [0/8]) would act as a catalyst for stronger bearish momentum and open the way toward 68.75 (Murray [–2/8]) and 62.50 (Murray [2/8], W1). On the other hand, a breakout above 91.00 would resume the upward movement toward 100.00 (Murray [8/8]), 107.40 (Fibonacci retracement 61.8%), and 125.00 (Murray [4/8], W1).
14
April
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By John Isige
- 42
This week, ETH/USD resumed its upward movement in line with the broader market trend: the pair has exited the long-term descending channel by breaking above its upper boundary and is now testing the 2375.00 level (Murray [3/8]), attempting to reverse the previous direction of movement. However, for the bullish momentum to continue, the price needs to consolidate above 2500.00 (Murray [4/8], the middle Bollinger Band on W1). A breakout above this mark would give buyers an opportunity to test the targets at 2812.50 (Murray [6/8], Fibonacci retracement 61.8%), 3125.00 (Murray [6/8], Fibonacci retracement 50.0%), and 3400.00 (the area of January highs). For the bears, the key level appears to be 2000.00 (below the middle Bollinger Band): a renewed breakout below it could trigger a stronger downward move toward 1750.00 (Murray [–2/8]) and 1481.50 (Fibonacci retracement 100.0%).
9
April
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By John Isige
- 59
At the beginning of the month, the XRP/USD pair attempted to move lower and formed a new narrow sideways range of 1.3671-1.2695 (Murray level [6/8]-[5/8]), where it continues to trade. A breakout below the lower boundary of this range could trigger stronger bearish momentum toward 1.0742 (Murray level [3/8]) and 0.9765 (Murray level [2/8]). For bulls, the key resistance zone remains 1.4648-1.5625 (Murray level [7/8]-[8/8]); a firm breakout above this area would allow the instrument to leave the channel and test targets at 1.7578 (Murray level [+2/8]), 1.9980 (50.0% Fibonacci retracement), and 2.3519 (38.2% Fibonacci retracement).
8
April
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By John Isige
- 69
Easing tensions between the United States and Iran has led to a noticeable recovery in the cryptocurrency market. One of the main beneficiaries has been Zcash, which has outperformed the broader market amid improving investor sentiment.
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By John Isige
- 65
This week, the ETH/USD pair is rising in line with the broader market trend amid positive geopolitical signals that have increased investor interest in risk assets and allowed the quotes to renew a four-week high at 2270.00.
7
April
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By John Isige
- 48
The SOL/USD pair has remained within a sideways range of 91.00-75.00 for the third month in a row: amid geopolitical and monetary uncertainty, quotations still lack sufficient drivers to determine the direction of further movement.
3
April
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By Andrew Bennett - 95
Algorand is currently among the biggest gainers in the cryptocurrency market. Google Quantum AI’s analysis has played an important role in the current momentum, having already sparked strong reactions around Bitcoin earlier. However, the key question now is how sustainable this rally will be.