15 hours ago
TL;DR Ripple’s cross-border token is currently trading around a crucial level that can determine whether it shoots up by double digits or slumps hard. The worst-case scenario, though, sees the asset dropping to $1.3. XRPUSD. Source: TradingView The renowned crypto analyst Ali Martinez has outlined multiple times the importance of the $2 support for XRP’s future price movements. The asset tested it on a couple of occasions in the past month, dipping below it twice since March 11. However, it ultimately withstood the pressure and helped XRP remain among the top performers since the US elections in early November. Moreover, Ripple’s token bounced off quite impressively after the March 11 crash and shot up to $2.6 within the next week. That price surge transpired after Brad Garlinghouse, the company’s CEO, announced that the lawsuit against the SEC had effectively ended. Since then, though, XPR has failed to recapture its momentum and slipped below $2 earlier this week, charting a 24% decline amid the escalating Trade War. As mentioned above, the $2 support remained strong, and XRP now trades at $2.15. Martinez believes holding that level could serve as a propeller for the next leg up, which could push its price north by 30%. If $XRP can stay above the key $2 level, a 30% move toward the channel’s upper boundary at $2.60 could be next! pic.twitter.com/tBXV0Y28De — Ali (@ali_charts) April 5, 2025 However, he also highlighted a bearish scenario in which $2 is broken to the downside. In this case, the fourth-largest cryptocurrency by market cap risks dropping all the way down to $1.3 as there’s not much support between these two levels given XRP’s explosive surge in November and December last year. $XRP is breaking out of a head-and-shoulders pattern, setting the stage for a potential move to $1.30! pic.twitter.com/L5rlE4eXIc — Ali (@ali_charts) April 4, 2025 Nevertheless, Martinez is overall predominantly bullish on XRP , as the TD Sequential also recently flashed a buy signal on the daily chart. The post Here’s What Can Trigger XRP’s Next 30% Surge: Analyst appeared first on CryptoPotato .
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Solana Jumps in Price After PayPal and Venmo Roll Out Support for SOL and Chainlink (LINK)
Solana defied the crypto market doldrums and surged by more than 5% on Friday after the retail payment giants PayPal and Venmo rolled out support for SOL . PayPal announced on Friday that users of both payment platforms could now buy, sell, hold and transfer SOL and LINK , the native asset for the decentralized oracle platform Chainlink. LINK jumped by more than 1% on Friday and is trading at $13.00 at time of writing. Meanwhile, SOL rose from $117.15 to a high of $124 before closing the trading day at $122.78. By comparison, the overall crypto market cap dipped by nearly 1% in the past 24 hours and nearly 2% in the past week, per data from CoinGecko . Crypto prices have dropped as President Donald Trump’s new wave of tariffs rattles global markets. Trump signed an executive order on Wednesday that slapped a 10% baseline tariff on all imported goods entering the US, with the stated goal of protecting domestic manufacturing. He also issued a proclamation detailing “reciprocal tariffs” on dozens of specific countries effective April 9th, with rates totaling up to 54% on China. PayPal acquired Venmo’s parent company, Braintree, back in 2013 for $800 million. In addition to LINK and SOL, the payments firm also supports Bitcoin ( BTC ), Ethereum ( ETH ), Litecoin ( LTC ), Bitcoin Cash ( BCH ) and the stablecoin PayPal USD ( PYUSD ). Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Solana Jumps in Price After PayPal and Venmo Roll Out Support for SOL and Chainlink (LINK) appeared first on The Daily Hodl . Crypto Potato
JPMorgan Unleashes ‘High Anxiety’ Forecast as Trade Tensions Threaten Meltdown
JPMorgan warns tariffs may trigger “self-inflicted pain” and a U.S. recession, with spiraling inflation, collapsing earnings, and vanishing credibility risking a global economic unraveling. Race to Recession? Self-Inflicted Pain? JPMorgan Flags Explosive Risk With US–China Trade Clash JPMorgan issued a stark warning about growing economic risks on April 4, as Richard Madigan, chief investment officer Crypto Potato
