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30 01, 2025

The USDJPY price activates the negative scenario – Forecast today

By |2025-01-30T07:17:52+02:00January 30, 2025|Forex News, News|0 Comments

The USDJPY price opens today’s trading with clear negativity to break 154.96 level and settle below it, to activate the bearish correction scenario and head towards achieving negative targets that start at 153.75, noting that breaking this level will push the price to visit 61.8% Fibonacci correction level at 152.55.

 

Therefore, the bearish bias will be suggested for today, taking into consideration that breaching 154.96 and holding above it will stop the expected decline and lead the price to start recovery attempts on the intraday and short-term basis.

 

The expected trading range for today is between 153.60 support and 155.00 resistance

 

Trend forecast: Bearish



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30 01, 2025

Can Probiotics Help You Lose Weight and Belly Fat?

By |2025-01-30T07:16:05+02:00January 30, 2025|Dietary Supplements News, News|0 Comments


Probiotics may impact weight and metabolism, but experts are still working to understand the link. Probiotics are friendly microbes that are normally part of the gut microbiome (the community of microbes that live in the intestines). A healthy gut microbiome is important for overall health.

Some initial research shows that certain probiotic strains may support metabolism and promote weight loss by stabilizing insulin levels, reducing inflammation, and controlling appetite.

How Probiotics Affect Body Weight

Taking probiotics can temporarily change the makeup of the microbiome. The strain and dosage of the probiotic may influence the effects. Various strains of probiotics are available as supplements. Not all have been studied for their impact on body weight. Those that have been studied show variable results.

Probiotics may help manage weight by improving the gut microbiome and metabolism in various ways, including:

  • Helping stabilize levels of insulin (a hormone that regulates blood glucose levels, enables cells to take in glucose, and promotes storing excess sugars and fats, which can lead to weight gain)
  • Stopping the accumulation of fat
  • Helping reduce inflammation and insulin resistance (cells do not respond to insulin to take in glucose, resulting in higher blood sugar levels)
  • Helping break down fiber and regulating the production of amino acids (building blocks of proteins) in the nervous and digestive systems
  • Affecting appetite (a balanced microbiome may influence a series of events in the digestive system that could lead to feeling “full” or reducing appetite)

How Gut Bacteria Affect Metabolism

Metabolism is the process by which the body uses energy to perform body functions. It is an ongoing process that ensures all body systems work, even during sleep. How it works and uses energy (burns calories) changes over time and as a person ages.

Research shows that the makeup of the bacteria in the digestive system affects metabolism. It is still being debated and studied how this happens and which strains of bacteria have what effect. However, the microbiome does influence the metabolic process through cholesterol absorption, blood pressure, and glucose metabolism (how glucose is used and stored).

What Studies Show on Weight Loss and Belly Fat

Much of the research on probiotics and weight has been done on animals. The lack of studies on humans means there isn’t enough information to form recommendations on probiotic supplementation.

One review paper examined six studies on probiotics and overweight or obesity. The studies didn’t all reach the same conclusions about how probiotics affect weight.

In 67% of the studies, participants who took probiotics had lower body weight and body mass index (BMI). In 80% of the studies, people who took probiotics had a reduction in waist circumference.

A few human studies of the probiotic bacterium Lactobacillus gasseri have been reported. In one study, participants who took a supplement of L. gasseri SBT2055 had a decrease in abdominal fat and body weight. Another study showed no change in people who took L. gasseri BNR17.

A study on heat-killed Lactobacillus plantarum LP28 showed that participants lowered their BMI, body fat, and waist circumference. Another study using L. plantarum TENSIA lowered body weight, BMI, and fat mass.

An additional study on Lactobacillus casei strain Shirota (LcS) showed that people taking the probiotic dropped body weight and increased their levels of high-density lipoprotein (HDL) cholesterol (the “good cholesterol”).

Some Probiotics May Also Prevent Weight Gain

Some studies on probiotics also focus on preventing weight gain. Human research is lacking in this area. Much of the research has observed rats and mice. Initial studies on humans have been conducted, but the research results conflict.

If probiotics do help prevent weight gain, one reason might be that they help diversify the gut microbiome.

One review, which included six research papers, examined the use of probiotics to prevent weight gain. It found that products containing multiple strains of Bifidobacterium and Lactobacillus were more likely to show results than other products. 

Probiotic Strains to Try

Research is lacking in determining which probiotics help reduce weight or prevent weight gain. Many of the studies are small in size. It’s not yet known which probiotic will work for which person for the intended effect. Therefore, adding probiotics to the diet might include some trial and error.

At least one research study has shown that the following probiotic bacteria strains help reduce body weight. Most research has focused on strains of Lactobacillus. A few studies have also included Bifidobacterium bacteria. Studied strains include:

  • L. gasseri SBT2055
  • L. casei strain Shirota
  • L. plantarum LP28
  • L. plantarum TENSIA
  • L. sakei (CJLS03)
  • A combination of L. curvatus HY7601 and L. plantarum KY1032
  • A combination of L. acidophilus, Bifidobacterium bifidum, B animalis subsp. lactis and L. plantarum)

Should You Take Probiotics Daily?

For healthy people, getting probiotics from food may be more helpful than taking a supplement. A probiotic supplement may or may not affect weight loss or overall health. Supplements are not regulated by the Food and Drug Administration (FDA) like medications. A probiotic supplement may not contain the strains advertised or live bacteria in sufficient quantities.

However, probiotic supplements are generally not considered overly risky for healthy people to take in terms of potential side effects. Some people may experience bloating or other digestive effects as their microbiome shifts.

Potential Risks

It’s important to know that while probiotics are considered safe for most people, they are not without risks.

Some possible risks thought to be of low probability are:

  • Systemic infections (the probiotic bacteria invade body tissues or the bloodstream)
  • Changing metabolism in an unhelpful or unhealthy way
  • Transmission of genes for antibiotic resistance from the probiotic organisms to other organisms in the microbiome
  • Overstimulating the immune system

Other risks include:

  • Probiotic products not containing what is listed on the packaging
  • Interactions with prescription drugs or other supplements
  • Gastrointestinal (GI) symptoms

In addition, a few risks are not included in formal studies, but they can occur with any treatment that lacks scientific evidence. The first is financial. Some probiotics can be expensive; taking them for months without results can be considered a waste of money.

Another potential risk is delaying care from a healthcare provider by taking probiotics instead of seeking care. A healthcare provider can provide treatments for obesity, such as exercise, medication, and surgery.

The Best Probiotic Foods for Weight Loss

Eating foods that contain probiotics can be a way to get beneficial gut bacteria. However, solid evidence of how the probiotics in these foods may directly affect weight loss is lacking. But you may reap other benefits. For instance, yogurt that contains probiotics can help lower blood pressure and the risk of heart disease in some people.

Adding probiotic-rich foods to your diet may be an easier and/or less costly way than supplements to work towards a more diverse microbiome. These foods include:

Summary

Weight loss and its connection to the digestive system’s microbiome are complicated and an area of active study. Many unknowns still exist about how the makeup of the gut microbiome affects weight and general health. It is also unknown how individuals might respond to a probiotic supplement.

Probiotic supplements are generally considered safe, but potential risks should be considered. Probiotic foods may also help promote overall health and could be a good choice for those looking to support their microbiome.



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30 01, 2025

Brent oil price confirms the break – Forecast today

By |2025-01-30T06:19:37+02:00January 30, 2025|Forex News, News|0 Comments


Crude oil price managed to break 73.90$ level and close the daily candlestick below it, reinforcing the expectations of continuing the correctional bearish trend in the upcoming sessions, opening the way to head towards 72.30$ that represents our next main target, noting that breaking this level will push the price to suffer additional losses that reach 70.30$ on the near-term basis.

 

Holding below 73.90$ is important to the continuation of the expected decline, as breaching it will lead the price to achieve intraday gains and head to test 75.53$ areas before any new attempt to decline.

 

The expected trading range for today is between 71.60$ support and 74.60$ resistance

 

Trend forecast: Bearish





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30 01, 2025

Falls Below 50-Day EMA (Chart)

By |2025-01-30T05:15:35+02:00January 30, 2025|Forex News, News|0 Comments

Date


(MENAFN– Daily Forex)

  • During the trading session on Tuesday, we saw the euro dropped rather significantly. In fact, we are below the 50 Day EMA, the course is a major technical indicator.

  • At this point, the euro is trying to reach the 1.04 level underneath, which of course is a minor level of“market memory” that could come into the picture.

The next 2 daysTop Forex Brokers1 Get Started 74% of retail CFD accounts lose money The next few days will be crucial for this EUR/USD pair , because we have the federal Reserve releasing an interest rate decision and statement during the trading session on Wednesday, and then there is a press conference. On Thursday, the European Central Bank of course comes into the picture with its interest rate decision, expected to be a cut of 25 basis points. It won’t necessarily be the interest rate decision; it will be more along the lines of a situation where people will be paying close attention to the interest rate statement and of course the press conference. People will start to look at whether or not the Europeans think that they can stabilize rates, or if they will have to continue to cut.The size of the candlestick is fairly negative, but if we were to break down below the 1.04 level, then I think it opens up a move down to the 1.03 level. Rallies at this point in time will continue to see resistance near the 1.05 handle, which is an area that’s been important for some time. I believe that the euro is more likely than not going to continue to suffer at the hands of the US dollar, because the European Union is struggling for any signs of real growth, while the United States is essentially on fire as far as the economy is concerned. Interest rate differential will continue to favor the downside, and I think that continues to be the case going forward. I have no interest in buying this pair until we break above the 1.06 level.EURUSD Chart by TradingViewReady to trade our EUR/USD daily forecast? Here’s a list of some of the top forex brokers in Europe to check out.

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30 01, 2025

Breakthrough study highlights role of prenatal supplements in preventing infant mortality

By |2025-01-30T05:14:15+02:00January 30, 2025|Dietary Supplements News, News|0 Comments


Dongqing Wang, an assistant professor of Global and Community Health at George Mason’s College of Public Health, is pioneering research in prenatal nutritional interventions. His latest report identifies prenatal supplements that reduce health risks to small and vulnerable babies. This research was published in the prestigious The Lancet Global Health journal and funded by the Bill and Melinda Gates Foundation. 

Wang found that compared to folic acid and iron alone, a multiple micronutrient supplement led to a 27% lower risk of giving birth to “small vulnerable newborn types,” or babies who suffered from preterm birth, low birthweight, and small-for-gestational-age birth-the three groups most likely to result in infant death. 

In the past, these birth outcomes were all treated as separate conditions. Wang, however, delves into emerging science to look at different combinations across the three outcomes. Low birthweight, for example, can occur because of a short pregnancy, and growth restrictions can lead to babies born too small for their developmental age. 

Small vulnerable newborn types may have distinct mechanisms, health impacts, and intervention strategies. This work is the first to examine the effects of prenatal multiple micronutrient supplements and small-quantity lipid-based nutrient supplements on the emerging outcomes of small vulnerable newborns.” 


Dongqing Wang, Assistant Professor of Global and Community Health, George Mason’s College of Public Health

Folic acid and iron have been used to support prenatal health since the 1970s. Wang explored the effects of two additional types of prenatal supplements on women in low- and middle-income countries: prenatal multiple micronutrient supplements (MMS), similar to a common multivitamin, and small-quantity lipid-based nutrient supplements (SQ-LNS), which provide caloric nutrition and fatty acids in addition to vitamins. 

He found that nearly all of these vitamins conferred some type of benefit-and some of them were hugely beneficial. 

“This study underscores the important promise of nutritional supplements in prenatal care in low- and middle-income countries,” says Wang. “In particular, the protective effects of prenatal multiple micronutrients on most small vulnerable newborn types, particularly those with the greatest mortality risk, strongly supports switching from iron and folic acid supplements to MMS as the standard care.” 

Combining 16 different studies, Wang analyzed how prenatal nutrition correlates to the occurrence of small vulnerable newborns. He believes that the right prenatal supplements can help mitigate them. Since more than 90% of pregnancies resulting in low birthweight occur in low- and middle-income countries, including those in sub-Saharan Africa and South Asia, Wang focused this work on those regions. 

The Lancet Global Health will publish “The effects of prenatal multiple micronutrient supplements and small-quantity lipid- based nutrient supplements on small vulnerable newborn types in low- and middle- income countries: a meta-analysis of individual participant data” in January 29, 2025. Additional authors include Enju Liu, Nandita Perumal, Uttara Partap, Ilana R. Cliffer, Janaína Calu Costa, Molin Wang, Wafaie W. Fawzi, and more than 40 data contributors from all over the world who provided the individual participant data used in this landmark analysis. 

Source:

Journal reference:

Wang, D., et al. (2025) The effects of prenatal multiple micronutrient supplementation and small-quantity lipid-based nutrient supplementation on small vulnerable newborn types in low-income and middle-income countries: a meta-analysis of individual participant data. The Lancet Global Health. doi.org/10.1016/S2214-109X(24)00449-2.



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30 01, 2025

Key Resistance at $1.23 and Support at $0.83

By |2025-01-30T05:13:04+02:00January 30, 2025|Crypto News, News|0 Comments

Cardano (ADA) is showing signs of resilience. Currently priced at $0.9424, ADA has dropped by 1.56% over the past 24 hours, but it has seen an overall gain of 5.47% in the past week. This price action comes despite broader market corrections, highlighting ADA’s ability to hold ground during challenging market conditions. Analysts are now focusing on ADA’s next potential move, particularly its ability to break key resistance levels that could trigger a new uptrend.

Cardano’s Support and Resistance Levels

Currently, ADA is hovering above its critical support level at $0.83, which aligns with the 50% retracement level on the Fibonacci chart. This area has proven to be a key point for buyers, providing the necessary foundation for ADA to maintain its upward momentum. The cryptocurrency has shown a consistent ability to bounce from this level, suggesting that this support is holding strong.

However, the key challenge for Cardano lies at the upper resistance range. ADA is facing substantial resistance in the “golden pocket” zone, which spans from $1.13 to $1.23. This Fibonacci resistance range has been a significant barrier for Cardano over the past several weeks, limiting the token’s ability to break out. ADA has been trading within a consolidation range between $0.83 and $1.20, unable to make decisive moves beyond these boundaries. Despite this, the general trend remains bullish due to ADA forming higher lows and higher highs over the long term.

Cardano’s Bullish Outlook: A Breakout Above $1.23

For Cardano to start a new bullish leg, it needs to clear the golden pocket resistance. If ADA can break through the $1.13-$1.23 zone, analysts are optimistic that it could target the next Fibonacci resistance range between $1.70 and $1.76. These levels are in line with previous price action and represent ADA’s potential upward trajectory if the breakout materializes.

Clearing the golden pocket would also signal a shift in market sentiment, potentially attracting more investors to the asset. This could fuel a fresh rally, similar to the market behavior seen during previous bullish cycles. Cardano’s strong fundamentals and its growing adoption could help push the price towards these higher targets.

The Influence of Bitcoin on Cardano’s Price

It’s essential to remember that Bitcoin (BTC) continues to play a pivotal role in the price movement of all cryptocurrencies, including Cardano. Bitcoin’s fluctuations often impact the broader market, and ADA’s price could respond to Bitcoin’s movements, especially during periods of high volatility. Investors should keep an eye on Bitcoin’s price action, as any major moves from the leading cryptocurrency could trigger corresponding reactions in ADA and other altcoins.

Key Takeaways for ADA Traders and Investors

Despite recent market downturns, Cardano’s price structure remains strong. Holding above the $0.83 support level is a positive sign for ADA, indicating that it could be positioning itself for a breakout. The main focus for ADA investors should be the $1.13-$1.23 resistance zone. If Cardano breaks through this level, it could open the door to a rally towards $1.70 or higher. However, should ADA fail to break past this resistance, it may continue to trade within its current range for a longer period.

Ultimately, ADA’s price action will depend on both the broader market sentiment and its ability to overcome significant resistance levels. Investors should stay alert and watch for any shifts in market dynamics, as a breakout above $1.23 could signal the start of a new uptrend for Cardano.


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30 01, 2025

XAU/USD nears $2,750 as Fed’s decision looms

By |2025-01-30T04:18:36+02:00January 30, 2025|Forex News, News|0 Comments


XAU/USD Current price: $2,753.60

  • The Federal Reserve will likely keep rates on hold in today’s monetary policy meeting.
  • The United States will publish the preliminary estimate of the Q4 GDP on Thursday.
  • XAU/USD could extend its slide in the near term amid prevalent US Dollar demand.

Gold is under modest selling pressure on Wednesday as caution rules ahead of the Federal Reserve’s (Fed) monetary policy announcement. The United States (US) central bank is widely anticipated to keep the benchmark interest rate unchanged after trimming 25 basis points (bps)  and settling it at 4.25%-4.5% in December.

Back then, officials adopted a more dovish stance amid uncertainty about President Donald Trump’s trade policies and their potential effects on economic development. Trump’s initial days at the office have indeed triggered loads of noise, with the focus on tariffs. Still, the US government has announced no new levies.

There is a good chance the Fed will repeat its December statement as officials would prefer to wait for a clearer picture before taking a more hawkish approach. In the meantime, and following the Fed’s decision, the US will publish the preliminary estimate of the Q4 Gross Domestic Product (GDP) on Thursday. The report is expected to show that the economy grew at a solid 2.6% pace on an annualized basis, slightly below the 3.1% posted in Q3.

Meanwhile, US government bond yields held steady. The 10-year Treasury note offers 4.55%, pretty much unchanged on a daily basis. US indexes, in the meantime, are modestly down after their overseas counterparts closed in the green.

XAU/USD short-term technical outlook

From a technical point of view, the daily chart for the XAU/USD shows an undergoing consolidative stage. The bright metal seesaws between gains and losses but remains above the $2,700 mark and not far below record highs. The same chart shows that the 20 Simple Moving Average (SMA) keeps heading north well below the current level, while it is above bullish 100 and 200 SMAs, limiting the bearish case. Finally, technical indicators ease within positive levels, far above their midlines and falling short of suggesting a sustained bearish extension.

In the near term, and according to the 4-hour chart, however, the risk skews to the downside. XAU/USD has spent the last couple of sessions battling a now bearish 20 SMA, developing just below it. The longer moving averages maintain their upward slopes below the current level, yet technical indicators are crossing their midlines into negative territory, favoring another leg south.

Support levels: 2,747.20 2,734.60 2,716.50

Resistance levels: 2,764.85 2,777.30 2,789.95



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30 01, 2025

Green tea reduces cognitive decline – Japanese study

By |2025-01-30T03:13:47+02:00January 30, 2025|Dietary Supplements News, News|0 Comments


For centuries, people have extolled the health benefits of green tea, like reducing the risk of cardiovascular disease, maintaining skin health, promoting weight loss, and even lessening the risk of dementia.

Now, recent research from Japan adds to the evidence that it helps fight cognitive decline and thus reduces dementia risk, with the scientists finding that older people who regularly drank green tea had fewer of the brain lesions characteristic of dementia than those who did not drink it.

The study was published in Science of Food.

Steven Allder, MD, a consultant neurologist at Re:Cognition Health, who was not involved in this study, told Medical News Today that while the link between green tea and fewer cerebral lesions “highlights its potential as a preventive strategy against age-related cognitive decline”, the results should be interpreted cautiously, “as confounding variables like lifestyle and dietary habits may contribute to these outcomes”.

Antioxidants

Green tea has one of the highest levels of antioxidants of any tea, as well as polyphenols, which could bring various health benefits, including: helping combat some cancers, including those of the breast, gastrointestinal tract, lung, prostate and liver; encouraging weight loss; anti-inflammatory effects on the skin and cardiovascular system; and cognitive benefits.

The study, led by Kanazawa University Graduate School of Medical Sciences, investigated almost 9 000 adults recruited from the Japan Prospective Studies Collaboration for Ageing and Dementia between 2016 and 2018, to determine whether green tea or coffee had any effect on brain health.

All participants filled in a Food Frequency Questionnaire, with their daily intake of green tea and coffee being classified into four groups: 0-200ml, 201-400ml, 401-600ml, and at least 601ml.

One cup of tea was equivalent to 200ml.

They also underwent magnetic resonance imaging (MRI) scans to assess cerebral white matter lesions, hippocampal volume and total brain volume.

The researchers controlled for sociodemographic factors, such as age, sex and education level, and in a second analysis, adjusted for medical factors, including hypertension, diabetes mellitus, APOE e4 allele (which increases dementia risk), body mass index (BMI), cholesterol levels, smoking and drinking habits, ECG abnormalities, history of stroke, depressive symptoms, cognitive function and regular exercise.

They excluded 1 519 participants who had mild cognitive impairment at baseline. In further analysis, the researchers investigated whether depression or having the APOE e4 allele had any effect on their results.

Fewer lesions

After adjusting for confounding factors, they found a significant association between higher green tea consumption and fewer cerebral white matter lesions.

They did not see any association with coffee consumption. They also found no association with hippocampal or total brain volume.

Allder explained why they might have seen these effects: “This could be due to the neuroprotective properties of catechins like EGCG in green tea, which combat oxidative stress, reduce inflammation and inhibit beta-amyloid aggregation.”

Coffee did not show similar benefits, possibly because green tea’s unique composition, like catechins, might be more effective against white matter lesions than coffee’s compounds, which are mainly chlorogenic acid and caffeine, he added.

The effects of green tea did not, however, extend to participants with the APOE e4 allele, or those with depression.

In these people, the researchers found no association between green tea and fewer brain lesions. They suggest that, as both are strong risk factors for dementia, green tea may not be effective in reducing white matter lesions in these individuals.

Allder agreed. “The absence of benefits in people with depression might be due to the interaction between chronic inflammation and oxidative stress associated with depression, which could counteract the neuroprotective effects of green tea.

“Similarly, the lack of effect in APOE e4 carriers suggests a genetic predisposition that could diminish green tea’s impact, potentially due to APOE e4’s strong association with amyloid pathology and vascular contributions to cognitive impairment.”

Any side effects from green tea?

Unlike black tea, green tea is not fermented, so retains polyphenols, such as flavanols, of which catechins are particularly important. Catechins are antioxidants that neutralise free nitrogen and oxygen radicals, with studies showing they reduce the inflammation that may lead to many chronic and age-associated conditions – like some cancers, cardiovascular diseases and neurodegenerative diseases.

The researchers warn that there were limitations to the study: it was cross-sectional so they cannot determine a causal relationship between green tea consumption and reduced white matter lesions.

Also, they could not account for how the tea was brewed, or whether participants were also consuming it in snacks. And, because there were few black tea drinkers in their Japanese cohort, they could not compare the effects of green and black teas.

Allder called for further studies on diverse populations, different ethnic groups and in different regions, to determine whether genetic and lifestyle factors influence the benefits of green tea.

“Research should also focus on targeted subgroups, like people with depression or the APOE e4 allele, to explore the mechanisms that might limit green tea’s effectiveness in these populations.

Study details

Green tea consumption and cerebral white matter lesions in community-dwelling older adults without dementia

Shutaro Shibata, Moeko Noguchi-Shinohara, Ayano Shima et al.

Published in NPJ Science of Food on 7 January 2025

Abstract

This study investigated the association between green tea or coffee consumption with cerebral white matter lesions and hippocampal and total brain volumes among 8766 community-dwelling participants recruited from the Japan Prospective Studies Collaboration for Ageing and Dementia between 2016 and 2018. A Food Frequency Questionnaire was used to assess green tea and coffee consumption, whereas brain magnetic resonance imaging was performed to assess cerebral white matter lesions, hippocampal volume, and total brain volume. Multivariable-adjusted analysis revealed significant correlations between fewer cerebral white matter lesions and higher green tea consumption, whereas no significant differences were found between green tea consumption and hippocampal or total brain volume. Regarding coffee consumption, no significant differences were observed in cerebral white matter lesions or hippocampal or total brain volumes. Hence, higher green tea consumption was associated with fewer cerebral white matter lesions, suggesting that it may be useful in preventing dementia.

 

NPJ Science of Food article – Green tea consumption and cerebral white matter lesions in community-dwelling older adults without dementia (Open access)

 

Medical News Today article – Green tea drinkers have fewer brain lesions linked to dementia (Open access)

 

See more from MedicalBrief archives:

 

Green tea extract promotes gut health, lowers blood sugar – Ohio study

 

Benefits of green tea revealed in new pancreatic cancer study

 

Additive effects of green tea and coffee on mortality risk in type 2 diabetes patients

 

 

 

 

 



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30 01, 2025

Ripple Price Prediction: Is XRP Ready to Break Out?

By |2025-01-30T03:11:22+02:00January 30, 2025|Crypto News, News|0 Comments

The crypto markets have been unforgiving to most alt coins, which have been outperformed by Bitcoin. However, Ripple (XRP) has been one of the standout out-performers, reclaiming critical resistance levels and surpassing the $3 psychological barrier. Can XRP push forward? Let’s look at today’s XRP news and analysis to find out.

As XRP approaches new highs, the market indicators present a mixed outlook. The market is close to a decision point. Is XRP poised for a breakout, or is a correction on the horizon?

XRP’s Bullish Momentum

Ripple’s journey over the past few months has been marked by significant upward movement. XRP surged above key resistance levels, including the $2.80 mark and the coveted $3 price level, suggesting that buyers were in control of the market. The breakthrough of the $3 psychological resistance is particularly notable as it reflects a substantial shift in positive market sentiment towards XRP is an invisible asset.

A bullish breakout of the $3.40-$3.50 resistance zone could propel the XRP price above $4. Source: DrMomeX on TradingView

However, the upward momentum has begun to encounter resistance around the $3.40 level. This was the level where selling pressure was heavy, leading to consolidation. Some technical indicators, like the RSI, have signaled overbought conditions in the market and could lead to a short-term correction. RSI has formed a bearish divergence, signaling that XRP’s bullish momentum is running out of steam.

Key Resistance and Support Levels

While the market’s long-term outlook remains bullish, the immediate future of XRP’s price action is unclear. According to experts, a corrective phase could precede any further upward movement. On the 4-hour chart, XRP’s breakout above $2.80 triggered a short-squeeze, propelling the token to the $3.40 zone, where it now faces significant resistance.

Ripple Price Prediction: Is XRP Ready to Break Out?

Ripple’s XRP price is currently consolidating between $2.80 support and $3.40 resistance. Source: KLCTrades on Trading View

This resistance level is crucial. If XRP manages to break through, the door for a new all-time high will be open, though it could well face short-term pullbacks as the market consolidates. According to some analysts’ predictions, the XRP price might pull back to 0.5-0.618 Fibonacci retracement levels, which would provide strong support before the next rally ensues. If these levels hold, the price can regain bullish momentum and push past $3.40 in the weeks to come.

The Bollinger Bands Squeeze and Whale Activity

One more interesting technical pattern was reflected in the price action of XRP: a squeeze in the Bollinger bands, pointed out by crypto analyst Ali Martinez. If the Bollinger Bands contract, it means a reduction in volatility and may mean a breakout upward or downward. What this may mean, according to Martinez, is that XRP might be very close to making a move, although the direction remains in doubt.

Ali Martinez

Bollinger Bands tighten on XRP’s daily chart, hinting at an imminent breakout. Source: Ali Martinez via X

If the recent spike in trading volume means anything, whales also contribute to it, and XRP might finally be positioning itself for a massive breakout. For instance, the price of XRP jumped as high as 15% in the last 48 hours, propelled by large buying, especially whales who accumulated upwards of 120 million XRP. This surge in volume could be an indication that XRP is preparing for a big move in price, one that could blast it through current resistances.

Ripple’s Positive Developments and Regulatory Milestones

A factor that had the most influence on XRP’s price was the ongoing court case between Ripple and the SEC. Despite all those challenges, the company has recorded some strong developments in trying to expand its reach. Major XRP news saw Ripple secure MTLs in New York and Texas, increasing its regulatory footprint in the U.S. Given the development, this is viewed as a positive direction that legitimizes Ripple’s operations and increases investor confidence in the company.

XRP

Phase 4 of XRP’s path to dominance: Ripple case resolution approaches. Source: TheXRPguy via X

Joanie Xie, Managing Director at Ripple for North America, underscored the growing interest in crypto and blockchain solutions, mostly from financial institutions. And, if many experts are right, further improvements in its regulatory standing and expanded reach will continue to drive further adoption of XRP and, therefore, its price in the long term. Ripple remains one of the busiest players in the market.

Plus, with an XRP Spot ETF on the way, and Ripple CEO Brad Garlinghouse pushing hard for XRP to be included in the American digital assets stockpile, the future is solid. There’s even a tokenization drive thanks to a new Ripple partnership with Ondo Finance. 

XRP Price Predictions: Is $4 in Sight?

The recent price action and positive developments happening around Ripple have re-awakened interest in XRP. According to experts in the market, if XRP manages to break above the $3.50 resistance level, the token could be on its way to $4 within the upcoming months. Some forecasts are even going as long-term as $5.80, pending the continued expansion of Ripple’s regulatory footprint and overall adoption in the financial world.

 XRP Liquid Index

Ripple (XRP) price chart. Source:XRP Liquid Index (XRPLX) via Brave New Coin

Leaving the mixed signals in the short-term chart aside, the future of XRP continues to be bright. A section of analysts believes the rebound is close and might see XRP surge past $3.50 to set a new all-time high. However, since the broader market of cryptocurrencies has been very unpredictable, investors may not look away from fluctuations in price, with any major breakout likely to be preceded by phases of consolidation and price corrections.

Looking Forward

Ripple (XRP) has undoubtedly shown impressive bullish momentum, but its path forward is marked by uncertainty. While the market shows signs of consolidation, there is still significant potential for a breakout, especially if XRP can surpass key resistance levels. The combination of technical indicators, whale activity, and Ripple’s expanding regulatory presence all point toward a potentially strong future for XRP.

However, the road to a new all-time high may not be straightforward. Traders and investors will need to stay vigilant, watching for signs of price action that could signal the next major move. If XRP can hold above critical support levels and break through its current resistance, the token could be set for a breakout that takes it to new heights in the coming months.

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30 01, 2025

Natural Gas Price Forecast: Struggles at Support – Will Bulls Hold the Line?

By |2025-01-30T02:17:11+02:00January 30, 2025|Forex News, News|0 Comments


If 3.02 Fails, 2.67 Looks Possible

line of a large symmetrical triangle becomes a potential target, and further down is the 78.6% retracement at 2.67. Currently the 200-Day MA has converged with the retracement level and is identifying the same price. Nonetheless, the 200-Day MA marks a key potential support level for the larger bull trend.

Large Rising Parallel Trend Channel

A key point to consider is the presence of a large rising parallel trend channel on the chart. Notice that during the recent rally there was a failed attempt to break out above the top channel line before a high was established at 4.37. Given the subsequent bearish decline follow through the possibility of an eventual test of support at or near the lows of the channel are a possibility. Once there is a clear reversal from one side of the channel, there is the possibility of reaching the other side of the channel.

20-Week MA Tested as Support

Further to the above analysis, the weekly chart may provide an additional clue. Today’s low reached a seven-week low and there is also a monthly low from December at 2.98. The decline also tested support around 20-Week MA, which is at 3.11. The 20-week line has marked trend support on the weekly chart since it was reclaimed in October.

This seems to increase the chance that today’s low could hold as support and complete the correction. It also indicates that a decisive decline below the 20-Week MA will provide bearish confirmation and increase the chance for natural gas to eventually test lower prices before the correction is complete.

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



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