NGX Group CEO, Temi Popoola, highlights inclusive wealth creation as vital for Nigeria’s capital market growth and long-term economic strength. Discover ho Read More: https://punchng.com/inclusive-wealth-creation-key-to-market-growth-says-ngx/
A crypto analyst known as Blacksea has revealed that the XRP price has formed a major bullish price pattern that appears to have gone largely unnoticed by the broader market. The expert noted that the last time this setup emerged, XRP rallied by triple-digit percentages and went on to set a new price high. If history were to repeat itself, the cryptocurrency could be on track for a similar parabolic price surge this cycle. Such a move could completely end XRP’s ongoing downtrend and position it firmly in a renewed bullish phase. Related Reading: Bitmine Seeks $300M Raise To Accelerate Ethereum Accumulation Strategy XRP Prints The Same Pattern That Triggered 2024 Rally On June 6, Blacksea noted that XRP has once again formed the same falling wedge pattern it previously printed in 2024. At that time, the cryptocurrency was trading around $0.5 before the structure fully developed, eventually leading to a massive 600% upside move. Looking back at the 2024 chart, XRP traded tightly within the falling wedge, with repeated swings and compression between the upper and lower trendlines. While price action fluctuated sharply, XRP eventually broke down briefly below the lower boundary of the wedge pattern. That false breakdown marked a turning point, as momentum quickly shifted and price reversed aggressively higher. This ultimately led to a surge past $1.5, delivering the historic rally. According to Blacksea, XRP could be gearing up for the same parabolic price surge. The cryptocurrency is currently trading inside its wedge with repeated price declines and compression, although it has not yet broken below the lower boundary. If a breakdown occurs, it could mirror the 2024 behavior, serving as a final shakeout before a strong reversal. Blacksea expects that such a move could fuel a fresh recovery for XRP, likely setting the stage for a renewed bullish trend and possible attempts at new all-time highs. Ahead of this projected rally, the analyst is urging traders and investors to position early and manage risk carefully to protect against sharp downside volatility if the pattern fails to play out as expected. Analyst Predicts XRP Price Dip Before Explosive Rally In a separate post, crypto analyst Celal Kucuker shared a bullish outlook for XRP but warned that the move may unfold only after another major price correction. He pointed to a Cup & Handle pattern currently forming on the XRP chart, forecasting a potential explosive rally toward the 1.618 Fibonacci Extension level above $14. Kucuker explained that before XRP can reach this ambitious target, its price is expected to extend its current downward trend, potentially dropping sharply toward $0.9. The accompanying chart shows that further weakness around this region could invalidate XRP’s bullish structure and open the door to a deeper decline near $0.48. Related Reading: XRP Monthly RSI Drops To All-Time Low As Market Watches For Confirmation However, Kucuker’s chart also suggests that if price holds the $0.95 support and stages a strong rebound, the next upside target would likely be around $1.5. From there, the analyst projects a jump to $3.66, representing a roughly 282% surge from $0.95. Following that, XRP could then accelerate toward the analyst’s final target around $14.1, a level that would mark a staggering 1,378% rally from the former $0.95 support area. Featured image from Pexels, chart from TradingView
Eastern High School in Bay City, Michigan will swap its Edgenuity platform for an AI tutoring system called Subject AI starting in 2026-27. The tool adapts lessons to each student's pace while teachers focus on mentoring and small-group work.
New graduates are earning less than expected, but analysts warn that holding out for higher pay could mean a longer wait for work This article ( SG job analyst: Singapore fresh grads need to ‘taper down’ their salary expectations or risk delaying their entry into the workforce ) first appeared on The Independent Singapore News .
Canadian Prime Minister Mark Carney and Indonesian President Prabowo Subianto held talks on Saturday to discuss the ongoing conflict in the Middle East and its potential effects on global energy markets and the broader...
This week we've got tandem hands-ons with Google's new Gemini AI agent - Spark - from my colleagues David Pierce and Jay Peters. Their takeaways are similar: It's so effective that it's scary. Spark knew that David's dog is named Frida and knew the first name...
Malaysia has staked its economic future on becoming Southeast Asia’s data-centre capital. It has also promised to slash fossil fuel use by 2050. Right now, those two ambitions are pulling in opposite directions – and gas is winning. There were 54 operational data centres across Malaysia by the end of 2024, with that number expected to rise to 81 by 2035, government minister Akmal Nasrullah Mohd Nasir told parliament last year. In the handful of years from 2021 and mid-2025, some 144.4 billion...
LG Uplus aims for 5 trillion won in cumulative AIDC orders by 2030, building a 200 MW hyperscale AI data center in Paju with hybrid cooling for next-generation AI chips.
If you spend your entire day working at a computer and occasionally feel neck pain, you might think it is just a simple muscle strain. However, the truth is that a large proportion of people who work at a desk