In a new step to enhance institutional infrastructure, Ripple has announced the launch of a major update to its custody platform, featuring advanced security enhancements and integrated storage technology.
This update aims to enable banks and financial institutions to offer digital asset custody and storage services more easily, without the need to build complex systems or hire private auditors. Through Ripple's platform, institutions can now deploy these services more quickly and efficiently.
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These upgrades reflect the maturity of the blockchain sector away from media hype, as the actual use of digital assets continues to expand. With the provision of more advanced institutional tools, Ripple continues to solidify its position as a key link between the banking world and blockchain technology.
$XNY $ | Continuation of momentum after a strong push and confirmation of a higher low
XNY shows positive continuity in momentum after a clear impulsive movement, with a bullish structural shift and confirmation of higher lows on the one-hour timeframe.
Trading plan (Buy): Entry area: $0.00545 – $0.00565
Stop loss: $0.00505
Profit-taking targets: First target: $0.00580 Second target: $0.00600 Third target: $0.00650
Why this setup? Strong breakout from the level of $0.00450 and a clear shift in price structure to an upward trend.
The pullback has been limited, with price holding above the previous resistance that turned into support near $0.00540.
Buyers are defending higher lows, supporting the likelihood of continued upward movement toward the next liquidity areas as long as the price remains above support.
Discussion question: Can XNY maintain momentum above $0.00550, or does it need a deeper retest before the next upward move? Buy and trade $XNY
The $PIPPIN is witnessing a clear vertical breakout with strong buyer control, making it likely for the upward trend to continue as long as the price maintains its support levels.
Trade Setup (Buy): Entry Zone: 0.318 – 0.330
Stop Loss: 0.295
Profit Taking Targets: First Target: 0.340 Second Target: 0.360 Third Target: 0.400
Technical Notes: The current movement is impulsive with strong momentum. It is preferred to enter on a slight pullback within the entry zone.
Partial profit taking and moving the stop loss upon reaching the targets improves risk management.
The price $SOL has faced a clear rejection from the highest daily level, with momentum turning bearish and selling pressure appearing on shorter time frames, which suggests an additional corrective movement.
Trade Setup (Sell): Entry Area: 84.8 – 86.2
Stop Loss: 87.2
Profit Taking Targets: 🎯 First Target: 83.5 🎯 Second Target: 82.0 🎯 Third Target: 80.0
Important Notes: Rejection from the daily peak reinforces the short-term bearish scenario.
A 30x leverage increases risks; stick to a small trade size and strict risk management.
Partial profit taking is preferred at the first targets and moving the stop loss to safeguard the trade. $SOL
Shows $UB a clear increase in momentum with the price holding above a key support level and strong buying interest, reinforcing the short-term bullish scenario.
Trading Plan (Buy): Entry Zone: 0.0372 – 0.0384 USD
Stop Loss: 0.0356 USD
Profit Taking Targets: First Target: 0.0400 USD Second Target: 0.0425 USD Third Target: 0.0450 USD
Why this setup? Clear bullish structure on the hourly frame (higher highs and higher lows).
Strong defense of the 0.036 USD area then reclaiming 0.038 USD with strong bullish candles.
The recent move is impulsive and not corrective, suggesting continuation as long as the price maintains the reclaimed support.
Brief Technical Outlook: Closing and holding above 0.038–0.039 enhances the likelihood of reaching 0.040 and then expanding towards higher targets. If momentum slows near 0.040, we may see a brief consolidation or healthy retest before the next wave. The bullish scenario remains valid as long as the price is above 0.036 USD.
Real Analysis: Will the price of Bitcoin $BTC rise or fall? 🚀🚀
The current performance of the Bitcoin price does not inspire much confidence. We have seen one strong green candle, followed by four consecutive days of sideways volatility. Typically, this kind of movement does not indicate real momentum; it is more likely just a closing by short sellers of their positions, rather than the entry of new buyers.
The market is repeating the same behavior. Initially, the price of Bitcoin fell below $90,000, attempted to recover, but failed. Then it lost $80,000, tried to regain it, but failed again. Now, the struggle revolves around the $70,000 area, and even this level seems fragile.
What worries me is the lack of stability after each bounce. True strength should show a rapid continuation, not long periods of hesitation. Currently, the price appears to be confined within a price range without a clear direction.
In the short term, the $71,500 level is the key level to watch. If Bitcoin can surpass it and hold above, the outlook will improve and buyers will regain control. However, if it remains below this level, the risk of another decline will remain high. I hope to see a clear breakout soon, preferably today. Without that, the market may easily decline again.
Finally, I am optimistic about the price of Bitcoin. $BTC
The $JST shows a clear recovery with the return of buyer control after a previous decline, supporting the scenario of continued upward movement as long as the price maintains its nearby support.
Profit Targets: First Target: $0.04520 Second Target: $0.04680 Third Target: $0.04850
Justifications for the Setup: Strong rebound after the decline with higher lows formed Price stability above short-term support near $0.042 Sound bullish structure on the 4-hour timeframe Supporting trading volume for the likelihood of continuation
Brief Technical Outlook: A breakout and sustained close above $0.045 may open the way for acceleration toward higher targets. If momentum weakens near $0.045, consolidation or a slight retest may occur before the next wave. The bullish scenario remains valid as long as the price is above $0.042.
$POWER shows a clear strength in momentum after surpassing the recent resistance level, and it is now stabilizing above the main support level, indicating strong control from buyers in the market. The market structure suggests continuity of the upward trend, making this a strong buying opportunity.
Trade Setup (Buy): Entry Area: 0.226 – 0.232 USD
Stop Loss: 0.214 USD
Profit Taking Targets: First Target: 0.240 USD Second Target: 0.260 USD Third Target: 0.280 USD
Reason for this setup: Strong increase in momentum with a noticeable rise in trading volume, indicating continued buyer interest.
Price stability above the support level indicates strong consolidation and continuity of the upward trend.
Significant improvement in trading volume supports the upward momentum and enhances the likelihood of continued upward movement.
Note: Make sure to manage risks carefully.
It is recommended to activate a trailing stop loss as the price approaches the targets to ensure profit protection.
$UB shows the potential for continued breakout after a clear structural shift. Following a strong push with increased trading volume, it was followed by a minor correction, and it appears that buyers are in control of the trend. The price broke through the previous accumulation level and recorded higher highs and lows, indicating that the bullish momentum is ongoing.
The share $DIA shows a strong recovery after forming a double bottom near the level of $0.19, as it quickly rebounded with strong bullish candles. Sellers failed to push the price down, indicating a shift in momentum, as new higher lows began to form, which enhances the likelihood of continued upward movement.
Share $DIA shows a strong recovery after forming a double bottom near the 0.19 USD level, where it quickly rebounded with strong bullish candles. Sellers failed to push the price down, indicating a change in momentum, as new higher bottoms began to form, enhancing the likelihood of continued upward movement.
Profit Taking Targets: First Target: 0.212 USD Second Target: 0.220 USD Third Target: 0.232 USD
Reason for this setup: Double bottom near 0.19 USD supports the upward movement.
Sellers failed to push the price down after the bottom, indicating a change in momentum.
Bullish momentum indicates the potential to test previous resistance levels, as the price is expected to reach higher levels.
Note: As long as the price remains above the 0.20 USD level, the upward trend remains intact, opening the way for achieving the specified profit targets.
The $NKN is experiencing a clear upward momentum after a strong breakout from a long accumulation range, with full control by buyers. The high trading volume confirms the continuation of this strength, and the chart shows the formation of higher highs and higher lows, indicating the beginning of a sustained upward movement.
Take Profit Targets: First Target: 0.01080 USD Second Target: 0.01250 USD Third Target: 0.01480 USD
Reasons for this setup: Strong breakout after a long accumulation phase. Increased trading volume reflecting strong interest from buyers.
The upward momentum is clear with the formation of higher highs and higher lows.
Note: As long as the price remains above 0.0090 USD, the upward trend is expected to continue, but be cautious of any short accumulation period that may occur after this rise.
Do you think $NKN will continue to rise towards its targets, or will it pause for a while to rest?
The $NKN is witnessing a clear upward momentum after a strong breakout from a long consolidation range, with complete buyer dominance. The high trading volume confirms the continuation of this strength, and the chart shows the formation of higher highs and lows, indicating the beginning of a sustained upward movement.
Profit Targets: First Target: $0.01080 Second Target: $0.01250 Third Target: $0.01480
Reasons for this setup: Strong breakout after a long consolidation phase. Increased trading volume reflecting strong buyer interest.
The upward momentum is clear with higher highs and lows being formed.
Note: As long as the price remains above $0.0090, the upward trend is expected to continue, but beware of any short consolidation period that may occur after this rise.
Do you think $NKN will continue to rise towards its targets or will it pause for a while to rest?
The $PIPPIN is witnessing a strong price surge supported by a significant increase in trading volume, with a decisive breakout of all previous resistance levels. This price behavior reflects intense buying interest and the beginning of a new bullish phase, opening the door for well-considered buying opportunities on any slight pullback.
Trade Setup (Buy): Entry Area: 0.2550 – 0.2650
Stop Loss: 0.2350
Profit Taking Goals: First Target: 0.2850 Second Target: 0.3100 Third Target: 0.3400
Notes: The current momentum is very strong and indicates the continuation of the bullish trend.
The trade carries high risk and potential high return. It is preferable to enter on slight pullbacks while strictly adhering to the stop loss and managing risk.
This week witnesses a series of economic and regulatory developments that could have a direct impact on the crypto market and its upcoming fluctuations:
February 10: Eyes are on the White House as discussions on a bill to restructure the cryptocurrency market take place, which could reveal clearer outlines for the regulation of digital assets in the United States. Any strong regulatory signals could directly affect investor confidence.
February 11: Release of U.S. unemployment rate data, a key indicator of economic strength, which often reflects its impact on high-risk assets such as Bitcoin and altcoins.
February 12: Initial jobless claims data, where increases may indicate an economic slowdown, while lower numbers reflect a more positive outlook for the markets.
February 13: The most important event of the week, the release of the Consumer Price Index (CPI) and the core index, which are critical elements in the monetary policy direction of the Federal Reserve.
Rising inflation may bolster the trend towards tightening, while weaker data may support a more flexible scenario.
⚠️ In light of this information, traders are advised to exercise caution, as this week may set the upcoming main direction for the digital asset market.
The $SKY /USDT is trading under clear selling pressure after a strong rejection from the local resistance area. The price has lost its bullish momentum and has retraced below the recent consolidation range on the one-hour timeframe. The price structure shows bearish candles with lower highs, reflecting the sellers' control and increasing the likelihood of continued decline.
Trade Setup (Sell): Entry Zone: $0.0660 – $0.0665
Stop Loss: $0.0682
Profit Taking Targets: First Target: $0.0648 Second Target: $0.0635 Third Target: $0.0620
The selling scenario remains valid as long as the price stays below the last rejection area.
First profit target: $3.85 Second profit target: $4.10 Third profit target: $4.40
Why this setup? The METIS currency has seen a strong rebound from the demand zone between $3.55 and $3.60 on the one-hour time frame, after a long downtrend.
The price is regaining its short-term structure with higher lows forming, indicating that sellers are losing momentum. A hold above $3.60 may lead to a bounce back towards previous resistance areas.
Question: Do you think that $METIS can recover to $4.00 and confirm a trend reversal?