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XRP Price Finds Stability—Can It Turn Higher from Here?

XRP price is moving higher from the $2.320 support zone. The price must clear the $2.50 and $2.52 levels to start a fresh increase in the near term. XRP price started a decent upward move from the $2.320 zone. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if it clears the $2.50 resistance zone. XRP Price Holds Support XRP price managed to stay above the $2.32 support and avoided more losses, like Bitcoin and Ethereum . A base was formed, and the price started a decent upward move above the $2.35 and $2.40 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.5241 swing high to the $2.3353 low. The current price action is positive, and the price is now trading near the $2.50 resistance zone. There is also a key bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair. The price is now trading above $2.420 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.480 level or the 76.4% Fib retracement level of the downward move from the $2.5241 swing high to the $2.3353 low. The first major resistance is near the $2.50 level. The next resistance is $2.520. A clear move above the $2.520 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.720 in the near term. The next major hurdle for the bulls might be $2.80. Another Decline? If XRP fails to clear the $2.50 resistance zone, it could start another decline. Initial support on the downside is near the $2.420 level. The next major support is near the $2.380 level and the trend line. If there is a downside break and a close below the $2.380 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.420 and $2.380. Major Resistance Levels – $2.50 and $2.520. Decrypt

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CoinW Announces 4 Block Sponsorship at Consensus Hong Kong 2025

HONG KONG , Feb. 13, 2025 /PRNewswire/ — CoinW , a leading global cryptocurrency exchange , is set to make a bold statement at Consensus 2025 as an official 4 Block sponsor, showcasing its dedication to Web3 innovation and blockchain adoption. Attendees can visit booth #3811 to explore CoinW’s latest developments and connect with industry experts. Beyond the main event, CoinW is hosting an exclusive afterparty at The Henderson – Cloud 39. It will bring together industry pioneers and investors for a night of networking, music, and celebration. With a live DJ and a lineup of performers, the event will mark the official launch of two groundbreaking initiatives: DeriW and WConnect . Transforming Decentralized Trading Built on the DeriW Chain and powered by Arbitrum Orbit L3 and Rollup technology, DeriW is set to redefine perpetual trading with: Zero Gas Fees: Advanced Layer 3 technology enables ultra-fast, cost-efficient transactions. Self-Custodial Wallets: Empowering traders with full control over their funds. Dynamic Liquidity Pools: Real-time market adjustments for seamless, high-volume trading. Referral Rebates: A decentralized rewards system offering up to 50% in rebates. With the capability to process 7,000 transactions per second, DeriW delivers a secure, scalable, and efficient trading experience. A Global Hub for Blockchain Innovation Next is WConnect, a premier online forum series designed to connect developers, traders, and blockchain communities through in-depth discussions, expert insights, and knowledge sharing. AI, RWA & DeFi Trends: Exploring the latest innovations shaping the industry. Pro Trading Strategies: Unlocking hidden opportunities and market insights. Layer 1 Ecosystems: Showcasing top blockchain projects and their impact. Project Development Challenges: Lessons from industry-leading builders. Web3 Growth Projections: Analyzing adoption trends and the future of blockchain technology. WConnect events will be streamed globally on Twitter Spaces, YouTube, and CoinW’s Spot Streaming channel, ensuring accessibility to a worldwide audience. Join CoinW at Consensus Hong Kong 2025 As a 4 Block sponsor, CoinW is excited to participate in Consensus Hong Kong 2025, a leading event that unites global leaders in crypto, blockchain, and Web3. This elite annual gathering offers a unique opportunity to engage in pivotal conversations and shape the future of decentralized finance and digital assets. About CoinW Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 14 countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets. Twitter Official： https://twitter.com/CoinWOfficial Research Institute Telegram: https://t.me/CoinW_Research Telegram EN: https://t.me/coinwoff Telegram Announcement Official: https://t.me/coinwofficialchannel YouTube Official: https://www.youtube.com/@CoinWOfficial Decrypt