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18 03, 2025

XRP Price Prediction: Ripple Holds $2 Support – Breakout to 10 $ or Fakeout?

By |2025-03-18T03:59:07+02:00March 18, 2025|Crypto News, News|0 Comments

XRP is once again showing strong potential to lead the next market rally, much like it did in the previous cycle when it broke free from a year-long period of stagnant trading and rebounded.

With support holding firm at $2 and growing speculation about a final SEC settlement, investors are wondering – could XRP be on track for a surge to $10?

Meanwhile, the most famous digital asset could be getting a much-needed upgrade, thanks to the new StratoVM (SVM). This project introduces a new Layer-2 blockchain for Bitcoin designed to solve some of its biggest issues and enable it to be used beyond its current transactional role.

Let’s check out the details.

XRP Consolidates at $2 – Analysts Debate Whether a Bull Run Is Imminent

XRP is trading around $2.30, with analysts divided on whether it’s building momentum for a breakout or losing steam.

This follows a massive 250% rally in late 2024 and early 2025 driven by Ripple’s growing institutional presence. Japan’s banking sector has integrated XRP at nearly 80%, while Brazil’s XRP ETF launch in February has further cemented its role in global finance.





XRP 7-day price chart, Source: CoinMarketCap

Technically, XRP is at a crucial juncture. The $2 level aligns with the 0.888 Fibonacci retracement from its December surge, acting as a shaky support after briefly dipping below it. Resistance sits at $2.60-$2.65, with $3 as the next psychological barrier if bulls take control.

The RSI on the daily chart is between 42-45, dropping from 56 last week, suggesting fading momentum but avoiding oversold conditions. Its 50-day EMA at $2.45 is approaching the price, while the 200-day EMA at $2.40 provides a solid base. A tightening Bollinger Band suggests a significant price move is imminent.

Adding to speculation, rumors of an upcoming SEC settlement could send XRP soaring. The Modern Investor predicts that if the U.S. eliminates the capital gains tax on crypto, XRP could surge to $10.

CryptoDaily analysts also call XRP a “sleeping giant,” pointing to growing adoption and regulatory clarity as key drivers for a potential rally.

StratoVM (SVM) Brings Speed, Scalability, and Efficiency to Bitcoin – Is This the Future of BTCFi?

StratoVM ($SVM) could make an impact on the crypto industry by enhancing Bitcoin with impressive features, addressing its historical limitations in decentralized finance (DeFi), artificial intelligence (AI), and smart contract functionality.

Currently valued at $0.2463, following an impressive 10,247% growth in one month, this Layer-2 solution is garnering significant attention as a crucial upgrade for Bitcoin’s infrastructure.

XRP Price Prediction: Ripple Holds  Support – Breakout to 10 $ or Fakeout?

SVM 1-month price chart, Source: CoinGecko

Beyond mere scalability, StratoVM establishes a comprehensive ecosystem designed to support meme coins, DeFi platforms, and cutting-edge applications, all while leveraging Bitcoin’s renowned security framework.

The project’s testnet demonstrates robust capacity, managing 56,000 transactions daily and sustaining 113,000 registered wallets, highlighting its readiness for widespread adoption.

With BTCFi’s total value locked leaping from $307 million to $6.6 billion within a year, according to DeFiLlama, StratoVM is well-positioned to lead this sector’s expansion.

Its $25 million valuation, modest compared to CoreDAO’s $990 million, suggests growth potential if adoption continues to rise.

StratoVM’s list of partnerships

Backed by over 50 strategic partnerships and a community approaching 100,000 members across X, Telegram, and Discord, this project exhibits strong foundational support.

Technologically, StratoVM employs a tailored OP Stack rollup optimized for Bitcoin, integrating Celestia for efficient transaction storage while anchoring data to Bitcoin’s blockchain for uncompromised reliability. This modular architecture enhances transaction speed and scalability while maintaining decentralization.

Already accessible via UniSwap, with speculation of a centralized exchange (CEX) listing, the upcoming mainnet launch is anticipated to amplify its influence.

As Bitcoin’s evolution accelerates, StratoVM stands as a transformative force, merging its firm security with modern utility, positioning it for a prominent role in the blockchain evolution.

Bottom Line

XRP is holding steady at $2, with analysts debating whether it’s primed for a breakout or facing resistance. With institutional adoption growing and rumors of a final SEC settlement, a surge to $10 remains a possibility, especially if regulatory conditions improve.

Meanwhile, StratoVM (SVM) is gaining attention as a Layer-2 solution that could expand Bitcoin’s utility beyond simple transactions. With a strong testnet, increasing adoption, and an upcoming mainnet launch, this project could become the leader in the rising BTCFi sector, making it worth watching in the upcoming period.

Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture. We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

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18 03, 2025

XAU/USD consolidates around $3,000 ahead of Fed

By |2025-03-18T02:13:14+02:00March 18, 2025|Forex News, News|0 Comments


XAU/USD Current price: $2,997.05

  • Softer-than-anticipated United States data weighs on US Dollar demand.
  • The Federal Reserve will announce its decision on monetary policy on Wednesday.
  • The XAU/USD pair consolidates at record levels, higher highs in sight.

A better market mood weighs on the US Dollar (USD), yet that same positive mood maintains Gold’s gains limited.

Spot Gold consolidates just below $3,000 a troy ounce on Monday, recovering the ground shed on Friday. A better market mood weighs on the US Dollar (USD), yet that same positive mood maintains Gold’s gains limited. Exacerbating range trading, the United States (US) Federal Reserve (Fed) is set to announce its decision on monetary policy next Wednesday.

The Fed is widely anticipated to keep the benchmark interest rate on hold at 4.25%-4.50% amid the uncertainty surrounding US President Donald Trump’s trade war and its impact on the economic performance of the world’s largest economy. However, the central bank will also release the Summary of Economic Projections (SEP) or dot-plot, a document providing a fresh view of the overall state of the American economy alongside officials’ aims at interest rate moves. Finally, Chairman Jerome Powell will deliver a press conference to explain policymakers’ reasoning beyond the announcement.

In the meantime, softer-than-anticipated US data further weighs on the USD. The country released the New York Empire State Manufacturing Index, which fell to -20 in March, much worse than the -1.9 expected and the previous 5.7. The US also reported that Retail Sales were up 0.2% in February, below the 0.7% advance expected although better than the -1.2% posted in January.

XAU/USD short-term technical outlook

The XAU/USD pair consolidates near record highs, and the daily chart shows that buyers paused but did not give up. The pair stands well above a bullish 20 Simple Moving Average (SMA), which advances far above the 100 and 200 SMAs. Technical indicators, in the meantime, eased from extreme overbought levels and stabilized well above their midlines, suggesting sellers are nowhere to be found.

The near-term picture is bullish. Technical indicators in the 4-hour chart resumed their advances with uneven strength yet well into positive territory. Furthermore, XAU/USD trades above bullish moving averages, with the 20 SMA currently providing dynamic support at around $2,925.80.

Support levels:2,978.40 2,962.10 2,946.80

Resistance levels: 3,010.00 3,025.00 3,040.00



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18 03, 2025

Here’s How High The XRP Price Would Be If It Flips Ethereum’s Market Cap — TradingView News

By |2025-03-18T01:58:22+02:00March 18, 2025|Crypto News, News|0 Comments

Recent data has shown what the XRP price would be if it flips Ethereum’s market cap. Such a development would also lead to a new all-time high (ATH) for XRP. Meanwhile, crypto experts have given their opinions on whether XRP could indeed flip Ethereum. 

How High The XRP Price Would Be If It Flips Ethereum’s Market Cap

MarketCapOf data shows that the XRP price could reach as high as $3.94 if it flips Ethereum’s market cap. This is significant as a rally to this price level would mark a new ATH for the asset. Flipping ETH’s market cap also means that XRP will become the second largest crypto by market cap. 

The XRP price is already on the heels of the Ethereum price. It currently occupies the number four spot with a market cap of $135 billion while ETH boasts a market cap of $227 billion. Crypto analyst Egrag Crypto had previously predicted that the altcoin will flip ETH in this market cycle. In a recent X post, the analyst suggested that it will still likely happen. 

He asserted that the XRP price’s dominance is exhibiting “tremendous strength” as it is on the verge of closing above the 2021 high of 6%, surpassing Fib 0.5. The analyst added that a close above that level would be super bullish since Fib 0.5 is a critical level. Egrag Crypto predicts that the altcoin could surge straight to Fib 0.888 if it successfully closes above 0.5. He noted that this would align with the highs from 2015. 

The analyst stated that this prediction for the XRP price isn’t just speculation. He seems confident in this prediction because of the asset’s utility. While Egrag Crypto believes XRP could flip Ethereum, crypto expert Ansem argues that XRP can never flip Ethereum because its use cases cannot be compared to ETH’s, which boasts a robust ecosystem. 

The $2 Support Level In The Spotlight

Crypto analyst Ali Martinez has again highlighted the importance of the $2 support level. He noted that the price is shaping up a head-and-shoulders pattern on the weekly chart, which spotlights the $2 support level, as holding this price level is crucial. His accompanying chart showed that XRP could drop to as low as $1.2 if it loses this support. 

Crypto analyst Dark Defender also highlighted $2.04 and $2.22 as the critical support levels for the asset. He suggested that it was important for XRP to hold above these price levels as it eyes a rally to the upside targets at $4.2932 and $5.8563. A rally to as high as $5 could see it flip Ethereum, especially if the latter continues to underperform. 

At the time of writing, the XRP price is trading at around $2.3, down over 2% in the last 24 hours, according to data from CoinMarketCap.

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18 03, 2025

4 Top Cryptocurrencies to Buy Today (March 17th) — The Future of DeFi Starts Here

By |2025-03-18T00:25:14+02:00March 18, 2025|News, NFT News|0 Comments


Cryptocurrency has been a hot topic for quite some time now, with the market constantly shifting and presenting new opportunities. Whether it’s due to major partnerships, network upgrades, or innovative features, the landscape of digital currencies is more exciting than ever. However, with the vast number of cryptocurrencies flooding the market, figuring out which ones are worth considering can be daunting.

March 17th presents an exciting opportunity to explore some of the most promising digital assets that are making waves in the crypto world. Among the top cryptocurrencies to buy today (March 17th) are ($TICS), Avalanche, Polkadot, Near Protocol, and XRP. These projects have all demonstrated unique technological advancements, strong community support, and potential for explosive growth, making them standout choices for 2025 and beyond.

In particular, Qubetics ($TICS) is shaping up to be a game-changer in the decentralized finance (DeFi) space, solving real-world problems that previous projects haven’t been able to address. Let’s dive into the top contenders for top cryptocurrencies to buy today (March 17th), and understand why they’re making waves in the market.



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18 03, 2025

Natural Gas Price Forecast: Faces Bearish Pressure After Failing Key Resistance

By |2025-03-18T00:12:05+02:00March 18, 2025|Forex News, News|0 Comments


Prior Support Shows Resistance

Notice that the price zone around the 20-Day MA and internal uptrend line trend indicators were successfully tested today as resistance following a breakdown below those lines last week. This is typical behavior of price in a developing downtrend. Prior support is tested as resistance before a continuation of the bearish decline. There has been one downswing since the new trend high of $4.90 was reached last week. A swing low was established at last Thursday’s low of $3.96 and today’s high generated a possible lower swing high. If there is a decline below last Thursday’s low of $3.95, a second leg down will be indicated.

Targets 50-Day MA at $3.84

Since the 20-Day MA failed to hold as support, the 50-Day MA, currently at $3.84, becomes a potential target. Moreover, the uptrend that began from the recent $2.99 swing low shows a bearish reversal if the higher swing low of $3.74 from March 3 is exceeded to the downside. Similarly, since the internal uptrend line was broken and it marks support for a trend with a relatively steep angle, the next lower trendline becomes a potential target. Keep in mind that both the dynamic 50-Day line and next lower trendline are rising. Despite the potential for further downside in prices, the market for natural gas will provide clues based on how it behaves around particular price levels of support and resistance.

If the 20-Day MA and trendline continue to show an area of resistance, the current bearish pullback can be expected to continue, or a consolidation phase exhibiting downward pressure may form. Although there were signs of brief strength over the past few days as natural gas traded above the 20-Day line and trendline, on each of the prior three days the closing price for the day was below the lines.

For a look at all of today’s economic events, check out our economic calendar.



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18 03, 2025

GBP/USD Forecast: Pound Sterling Test of 1.2990 Best “is Developing”

By |2025-03-18T00:05:18+02:00March 18, 2025|Forex News, News|0 Comments

March 17, 2025 – Written by David Woodsmith

Pound Sterling (GBP) was rangebound versus the US Dollar (USD) on Monday despite the release of some underwhelming US retail sales data.

At the time of writing, the Pound US Dollar exchange rate was trading at approximately $1.2971, virtually unchanged from the start of Monday’s session.

On Monday, the US Dollar (USD) faced difficulties in attracting investor interest and slumped against most of its major counterparts following the release of the latest US retail sales index.

The report showed a lower-than-expected increase in February, rising from -1.2% to 0.2%, falling short of the expected 0.6% gain.

Amid ongoing concerns about the overall health of the US economy, Monday’s disappointing data further weakened the ‘Greenback’ at the beginning of the week.

Additionally, a positive market mood reduced the appeal of the safe-haven currency, exacerbating the US Dollar’s decline.

On Monday, the Pound (GBP) experienced fluctuations against most of its major trading partners as a lack of UK economic data at the start of the week left Sterling without a clear direction.

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Investors were also likely cautious about making significant moves on the Pound ahead the release of important economic data later in the week.

On Thursday, the UK is scheduled to release its latest employment figures, and the Bank of England (BoE) will announce its latest interest rate decision.

As these key data points approach, GBP exchange rates will likely continue to fluctuate.

Looking ahead, the main driver for the Pound US Dollar exchange rate on Tuesday will likely be market sentiment, given the absence of economic data from both the UK and the US.

If the positive market mood from Monday carries over into Tuesday’s European session, then the GBP/USD exchange rate could strengthen.

However, if markets become more cautious, the GBP/USD exchange rate could face downward pressure.

GBP/USD Exchange Rate Forecast: Higher Ahead?

According to FX strategists at Scotiabank, GBPUSD’s short-term technicals remain bullish.

“Sterling has been carving out a running consolidation just below the 1.30 level over the past week.

“The pound’s push higher so far today suggests a retest of last week’s 1.2990 high is developing ahead of a push on to the “real” top of the range at the moment at 1.3035.

Support is 1.2925/30.”

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18 03, 2025

Green tea may lower prostate cancer risk in older men, KNUST study finds

By |2025-03-18T00:03:12+02:00March 18, 2025|Dietary Supplements News, News|0 Comments



Prostate cancer is a serious health problem for men around the world. Doctors know that things like being overweight, having high cholesterol, and a high PSA blood test result can increase the risk.

In some parts of West Africa, where people drink a lot of green tea, prostate cancer is less common. Scientists wanted to see if green tea might be helping to lower the risk.

The researchers led by Dr. Emmanuel Amankwah Ntim at the Department of Physiology, KNUST School of Medical Sciences studied over 400 men, aged 40 and older, and split them into two groups: those who drank green tea and those who didn’t.

They checked their weight, cholesterol levels, and PSA (a protein linked to prostate cancer).

The findings published in the Journal BMC Nutrition concluded that men who regularly consumed green tea were more likely to maintain a healthy weight and exhibit healthier cholesterol levels.

Furthermore, older men, specifically those aged 60 and above, demonstrated lower PSA levels, indicating a potential reduced risk of prostate cancer, with this benefit not observed in younger men, and among these older men, a correlation was observed between lower weight and lower PSA levels.

The study suggests that drinking green tea might help lower the risk of prostate cancer in older men, as well as improve weight and cholesterol levels.

However, it is important to note that this study shows association and does not prove that green tea directly causes the lower risk.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.



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17 03, 2025

Ethereum (ETH) Price Prediction for March 17 — TradingView News

By |2025-03-17T23:57:08+02:00March 17, 2025|Crypto News, News|0 Comments

Buyers are trying to hold the gained initiative; however, some coins are stuck in the red zone, according to CoinStats.CoinStats”>

ETHUSD

The rate of Ethereum ETHUSD has risen by 0.85% over the last 24 hours.TradingView”>

On the hourly chart, the price of ETH has made a false breakout of the local resistance of $1,918. However, if the daily bar closes near that mark or above, the upward move is likely to continue to the $1,950 zone.TradingView”>

On the daily time frame, neither bulls nor bears are dominating. If buyers want to seize the initiative, they need to restore the rate above the $1,963 level. 

If its breakout happens, the accumulated energy might be enough for a test of the vital $2,000 area.TradingView”>

On the weekly chart, one should focus on the nearest level of $1,800. If its breakout happens, the fall is likely to continue to the $1,700 range.

Ethereum is trading at $1,900 at press time.

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17 03, 2025

Oil price forecast update 17-03-2025

By |2025-03-17T22:11:08+02:00March 17, 2025|Forex News, News|0 Comments


Intraday Movement:

 

Bitcoin’s price has slightly retreated in recent intraday trading, relying on support from its 50-period simple moving average.

This move appears aimed at gaining some positive momentum to sustain the ascending corrective wave dominating its short-term trading, supported by a series of positive RSI signals after previously reaching extreme oversold levels.

 

Outlook:

 

We anticipate that Bitcoin’s price will resume its upward movement in upcoming sessions, provided that the near support at $81,970.00 holds firm.

With this support intact, our price target extends to $87,000.

To get our more detailed analysis and 100% accurate signals provided by Best Trading Signal, subscribe to Economies.com VIP Club through the link below!





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17 03, 2025

GBP/USD stabilizes as market focus shifts to Fed and BoE

By |2025-03-17T22:04:32+02:00March 17, 2025|Forex News, News|0 Comments

GBP/USD Forecast: Pound Sterling stabilizes as market focus shifts to Fed and BoE

Although GBP/USD registered modest losses on Thursday and Friday, the pair managed to end the previous week in positive territory. Early Monday, the pair moves sideways at around 1.2950.

During the European trading hours, US stock index futures lose about 0.5% on the day, pointing to a cautious market stance. Nevertheless, GBP/USD’s downside remains supported for now, with investors refraining from taking large positions in anticipation of this week’s key macroeconomic events. Read more…

GBP/USD Weekly Outlook: Pound Sterling braces for Fed and BoE policy announcements

The Pound Sterling (GBP) almost tested the critical 1.3000 level against the US Dollar (USD) in the past week, driving the GBP/USD pair to its highest level in four months.

GBP/USD stretched its previous week’s positive momentum and reached four-month highs just shy of the 1.3000 threshold on Wednesday before entering an upside consolidative phase in the remainder of the week. Read more…

Chart

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