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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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This $XRP Chart Just Predicted a Price Rise to $6.3
A renowned analyst known as Dark Defender has just shared a chart outlining a bold new price roadmap for XRP – and if correct, we could see a price of $6.30 in the not-too-distant future. Yes, that's right. Let's analyze and see what this chart tells us. XRP Price: Reached Resistance Level, Is the Correction About to End? In the accompanying tweet with the chart, Dark Defender pointed out that XRP faced resistance at $2.22 and $2.36 - just as he predicted. The price then dropped back to $2.13, indicating that those resistance levels remain strong to this day. But the correction phase may be almost complete. According to his chart, XRP is at the end of Wave (4), which is a typical pullback before the next major move begins. The main support area that needs to hold is? $2.00, with a deeper support level at $1.88. As long as the price of XRP remains above that level, the structure remains intact – and the next bullish wave may start soon.
5 Wave Structure Aiming for $6.30 The chart of Dark Defender is built on the Elliott Wave Theory, a method of mapping price cycles based on investor behavior. He indicates that we are currently entering Wave (5), the final wave of the current bullish structure – and this wave is expected to be large. Inside that wave, there are five smaller waves that can unfold like this:
The entire series of events could unfold over the next few months, possibly extending until the end of 2025. Of course, this is not a straight shot. Each wave has its own pullbacks and consolidation areas. But the overall pattern is clear – analysts see a strong upward trend forming. Why is it $6.30? The target of $6.30 comes from the 261.8% Fibonacci extension measured from previous waves. Such targets are commonly seen in Elliott Wave setups, especially during the bullish phases of Wave 5. This is also the level that will push XRP further into new all-time high territory. If XRP follows this path, it will surpass the highs of 2018 and 2021 and may shift the perspective across the entire cryptocurrency space. What Needs to Happen First, XRP needs to stay above $1.88 and ideally maintain strongly above $2.00. If it starts to push back towards the $2.30-$2.40 range, it could be a sign that Wave 5 is beginning. The trading volume will need to support this move, and broader market conditions such as the strength of Bitcoin and ETH will also play a certain role. But now, with the SEC lawsuit concluded and the chart structure gradually being established, the timing couldn't be better for a bullish trend. Dark Defender has been monitoring the waves of XRP for some time, and this latest prediction is based on past structures and behaviors rather than hype. Whether the price of XRP can actually reach $6.30 remains to be seen. However, if it soon breaks through the resistance level and the wave counts occur, things could get very interesting. And if that happens, you will be glad that you paid attention right now – rather than later.