Bitcoin ETF outflows have nearly amounted to $750 million in the last two days as the crypto market consistently fell. BlackRock, the largest issuer, has offloaded around 2,000 BTC in the previous 24 hours.
Together, the ETF issuers sold off enough BTC that they collectively hold less than Satoshi. They surpassed him three months ago and continued buying huge amounts of Bitcoin, indicating truly massive sales.
This marks the seventh consecutive day of outflows for this ETF market. IBIT, BlackRock’s product, led these losses with $151 million in the last 24 hours.
“I know the markets are very ‘risk off’ at the moment with the Tariff uncertainty, but this is yet another outflow day from the US Spot ETFs, collectively now falling below Satoshi again. Given the bullish narrative from the SEC, Strategy raising 21 billion, State [Bitcoin Reserve] race and National [Bitcoin Reserve] bill, I find this a little surprising,” Edmondson claimed.
BlackRock alone has offloaded around 2,000 BTC since Edmondson posted yesterday’s daily tallies. It’s unclear how far the ETF issuers want to take this trend, but these Bitcoin sales are very concerning.
However, the US CPI report this morning was better than anticipated, which allowed Bitcoin a little breathing room. It’s anyone’s guess, however, how long this reprieve will actually last.
Cryptocurrencies price trends are showing significant movement, with Bitcoin price hovering around $81k after a slight recovery of 5% yesterday. This comes after a notable price correction in the past few days. The global cryptocurrency market cap stands at $2.64 trillion, reflecting a 0.91% increase within the last 24 hours. However, volatility is expected as the U.S. Consumer Price Index (CPI) data is set to be released today, Wed, March 12th, which may impact market activity.
Cryptocurrencies Price Forecast: Will Bitcoin’s Recent Surge Endure Ahead of CPI?
U.S. Consumer Price Index (CPI) data will be released on Wednesday, March 12, attracting significant market attention. Projections indicate a 2.9% increase in inflation, but actual inflation is expected to come in much lower at around 2.4-2.5%.
Current true inflation statistics demonstrate this pattern since the CPI reveals positive signs of deceleration. Market observers remain focused on the possibility of Bitcoin price growth because the economy shows both current inflation challenges and initial adverse crypto market trends.
CPI data tomorrow will come in way lower than expected. It’s already been proven with tru inflation data. Projected is 3% expected is 2.9% and the actually numbers are 2.4-2.5%
Will Bitcoin Price Recover to $90k After CPI Released?
The BTC price hovered around $81,720 on March 12, 2025, as volatility remained a defining feature in the crypto market. Despite fluctuations, the BTC price maintains a relatively stable range, with a critical support level established just below $80,000.
The Moving Average Convergence Divergence (MACD) reveals mixed signals. The MACD line is above the signal line in the 4-hour chart.
The Relative Strength Index (RSI) remains in a neutral zone at 44.37, just above the 40 mark, hinting that Bitcoin is neither overbought nor oversold, with $82k acting as a significant resistance level. If the BTC price breaks this, the next level lies at the $90k mark.
On the downside, if the Bitcoin price prediction fails to maintain support around $80k, further declines might bring the price closer to the $70,000 range.
The other crypto markets are seeing a slight surge, with ETH price struggling to regain its trend amid market uncertainty. The latest ETH price is trading at $1,910, reflecting a minor 1% increase.
If Ethereum price prediction continues to face downward pressure and closes below $1,900, it may test its next support level at $1,800. On the other hand, if a recovery happens, ETH could rally back above the $2,200 level.
The top altcoin market, like XRP, is showing a strong performance, up by over 5%, while Solana (SOL) hovers around $130 with a modest 0.2% increase. Dogecoin (DOGE) also experiences a 5% uptick, as other top coins follow the upward momentum.
The upcoming CPI data will significantly affect the Bitcoin price fluctuations. Market changes after the CPI response will establish future market patterns specifically when inflation trends downwards. If the market conditions stay favorable Bitcoin may push through greater resistance points while cryptocurrencies price exchange values continue to change as expected.
Mesh, a pioneering global crypto payments network established in 2020, has announced securing $82 million in funding to expand its global crypto payments infrastructure.
Its network, which interconnects prominent exchanges, wallets, and financial services, allows users to transact using various crypto assets such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Notably, merchants receive the equivalent value in stablecoins like PYUSD or USDC, ensuring predictable settlements.
As stablecoins gain prominence in global crypto payments, Mesh disclosed that a significant portion of its $82 million funding was settled in PayPal-backed USD stablecoin (PYUSD). The funding round was led by Paradigm, with participation from ConsenSys, QuantumLight Capital, and Yolo Investments—marking a major milestone in Mesh’s mission to enhance seamless crypto transactions and further integrate stablecoins into global payment networks.
Mesh’s Global Payment Network – ‘Making Crypto as simple as fiat’
Mesh, at the forefront of crypto payments innovation, provides users and merchants a secure, efficient, and user-friendly platform that connects exchanges, wallets, and financial services.
With over 300 supported platforms, including major crypto exchanges like Binance, Coinbase, and MetaMask, Mesh enables users to transact directly from their wallets without requiring traditional intermediaries. This integration simplifies the payment process, eliminating the need for manual address entries or switching between platforms.
By eliminating the need for manual address inputs and reducing transaction friction, Mesh aims to streamline crypto adoption in everyday payments. Notably, last year in November, Mesh, as the U.S. fintech whose investors include PayPal Ventures, joined forces with Reown (formerly WalletConnect) to launch wallet ownership verification for UTXO-based assets, beginning with Bitcoin.
And now Mesh aims to use the newly secured funds to expand Mesh’s payment infrastructure, focusing on integrating more financial institutions and enabling broader stablecoin settlements.
Mesh’s Global Crypto Payments Network
Stablecoins at the Center of VC Funding
As mentioned, one of the most notable aspects of Mesh’s funding round is that a significant portion of the investment was settled using PayPal’s stablecoin (PYUSD). This highlights the growing role of stablecoins in institutional finance, demonstrating their ability to serve as a bridge between crypto and traditional financial ecosystems.
The adoption of stablecoins and the other cryptocurrencies for the global real-world payments has been witnessing accelerating attention with major firms such as Stripe, PayPal, Plume, among others, working towards it.
Stablecoins, such as PYUSD, USDC, and USDT, have gained traction as preferred digital assets for global payments due to their price stability and instant settlement capabilities. Mesh is actively working to enhance its stablecoin-based settlement network, allowing businesses to accept various cryptocurrencies while receiving stable and predictable payouts in USD-pegged digital assets.
In another recent boost to the accelerating stablecoin adoption, the US administration has been witnessing significant momentum in Washington for the passage of new Stablecoin Bill, known as Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act.
The Future of Crypto Payments
As crypto adoption continues to grow, the demand for reliable payment infrastructure is increasing. Mesh’s success in securing $82 million in funding signals a strong market demand for frictionless, stablecoin-based payments.
With an increasing number of companies and merchants embracing crypto transactions, Mesh is well-positioned to become a key player in the Web3 financial ecosystem. As the regulatory landscape evolves and stablecoins gain wider acceptance, platforms like Mesh will play a crucial role in bridging the gap between crypto and traditional finance.
Thus, with the backing of leading investors and a clear roadmap for expansion, Mesh is poised to reshape the future of digital transactions. As the company scales its operations, the impact of stablecoins and crypto payments on mainstream finance is expected to grow, paving the way for a more efficient and interconnected digital economy.
For more updates on Mesh and its global expansion, stay tuned to BrandTalk on our latest reports on advancements by Web3 Brands.
In a groundbreaking revelation, 21Shares announced a significant reduction in the management fees for its Bitcoin Ethereum Core ETP (ABBA). In addition, the ETP provider listed ABBA on the Xetra exchange, effective March 12, 2025, aiming to make crypto investments more affordable and accessible.
Notably, 21Shares’ ABBA offers investors a cost-effective way to invest in both Bitcoin and Ethereum, with the added security of being fully backed by these two leading cryptocurrencies. Let’s now unveil how the latest development will provide advanced investment opportunities in Bitcoin and Ethereum.
21Shares Lowers ABBA’s Management Fees and Lists on Xetra
According to a press release, 21Shares, one of the world’s largest ETP providers, announced the reduction of management fees for its Bitcoin and Ethereum Core ETP (ABBA) to 0.49%.
Significantly, the fee reduction coincides with the listing of ABBA on the Xetra exchange, which took effect on March 12, 2025.
President Donald Trump’s recent recognition of Ethereum, Cardano, Solana, and XRP has drawn attention to other rising cryptocurrencies. With Pi Network price climbing as the token secures its position as the 11th largest crypto by market cap, speculation is rife over whether Trump will mention Pi Coin in his next press briefing. If this happens, how high will Pi Network price rally?
How High Will Pi Network Price Rally if Trump Mentions Pi Coin?
There are several factors that could make Pi Network price the next topic in Trump’s crypto discussions, fueling a parabolic rally. White House crypto czar David Sacks recently told Bloomberg that Trump mentioned ETH, XRP, SOL, and ADA because they rank among the top five cryptocurrencies by market cap.
In the meantime, Pi Network token is rapidly closing in, securing its spot as the 11th largest crypto just weeks after launch. Beyond its market position, Pi Coin has also overtaken Ethereum in social following, making it the fourth most-followed cryptocurrency.
Pi Network X Following
With Pi Network price surging amid growing adoption and investor interest, it could soon be among the top digital assets Trump highlights in his next press briefing.
Pi Coin is also swiftly gaining adoption in the US. The token has gained entry into a trillion-dollar US industry. Additionally, Pi Network is one of the affiliate members at Stanford School of Engineering alongside other US crypto companies such as Ripple and a16z, whose executives were present at the White House Crypto Summit.
As Pi Coin gains inroads in the US, it could soon be recognized as one of the top US altcoins. This could prompt Trump to mention it during his pro-crypto press briefings and drive a Pi Network price rally.
Grok AI notes that if Trump were to mention Pi Coin, the price could rally by as much as 200% within a few hours. If this rally extends for days, it would target $100. It noted,
“Realistically, a mention alone might drive a 100-150% rally within 48 hours, mirroring past Trump-induced spikes. For a longer-term surge—say, toward $100 or beyond.”
Pi Network Token Soars 20% – More Gains Ahead?
As the Pi Coin community awaits a potential mention by Trump, Pi Network price is already rallying ahead of the project’s sixth anniversary on March 14. At press time, the Pi Network token trades at $1.66 after a staggering 20% gain in 24 hours. After these gains, Pi Coin flipped resistance at $1.44, and could soon rally to the 123.6% Fibonacci level of $3.42.
The RSI stands at 62, which is a bullish zone. It shows that buying pressure and the upward trend are strong, which could spark a major Pi Coin price rally.
The MACD line is tipping upwards and attempting to cross over to the positive region to confirm the bullish thesis. At the same time, the MACD histogram bars show that buyers are in control.
As these bullish signs emerge, the Pi Network price prediction shows that a rally past $3 is likely to happen in the near term.
PI/USDT: 2-hour Chart
In summary, Pi Network price today is bullish ahead of the project’s sixth anniversary on March 14. However, if the project’s iconic growth piques the interest of President Trump, the token could rally by 200% within a few hours and possibly hit $100 within days.
XRP price has recorded a surge of over 4% today, indicating renewed market confidence towards the asset. However, the surge comes amid a broader market recovery, with the global crypto market cap soaring nearly 2% to $2.66 trillion. Amid this, top experts have highlighted key price levels for Ripple’s native asset, hinting at a recovery to above $3 in the near term.
XRP Price Soars: What Lies Ahead?
XRP price today was up over 4.5% and exchanged hands at $2.199, while its one-day trading volume fell 31% to $6.59 billion. Notably, the crypto has touched a 24-hour high and low of $2.24 and $2.06. Notably, the crypto’s RSI stood at 44, indicating a shifting momentum in the market. Simultaneously, the asset’s Futures Open Interest rose 2.5%, reflecting the renewed market interest, CoinGlass data showed.
Amid this, renowned analyst Patric Bet-David recently hinted towards a potential XRP rally to $1000, which has fueled market optimism. Besides, the renowned market experts also remained bullish on the future trajectory of the crypto, indicating a strong recovery ahead.
Expert Predicts Rally To $3.3
Renowned expert Rose Premium Signals has predicted a significant rally for XRP price, citing a descending channel pattern on the daily timeframe. According to the expert, this pattern suggests accumulation before the next leg up, indicating a potential surge in the asset’s value.
The expert predicts that a bounce from the current support level of $2.12 could drive the price towards key targets at $2.32, $2.61, $2.90, and ultimately $3.35. This would represent a significant increase from the current price level. Having said that, traders are keeping close track of Ripple’s native asset’s performance, as a breakout from the descending channel pattern could trigger a substantial rally.
Source: Rose Premium Signals, X
Other Experts Weigh In Amid XRP Surge
As the XRP price recorded a surge, other experts also weighed in. Expert EGRAG CRYPTO has reiterated his stance on Ripple’s native asset, hinting towards a potential 700% XRP rally if it repeats its previous performance.
Source: EGRAG CRYPTO, X
Simultaneously, CasiTrades noted that XRP has found its support at $1.9. As long as the crypto holds above the level, it could continue its run towards the north. Besides, the expert has highlighted the $2.25 and $2.7 as the next resistance levels, breaking which could push the price further high.
Source: CasiTrades, X
This optimism was further buoyed by the latest XRP ETF filing by Franklin Templeton with the US SEC. This has injected a fresh wave of optimism among traders, who are eying further rally for the asset. Highlighting the development, analyst Dark Defender noted “Double digits for XRP will be as easy as a pie.”
ADA, the native token of the Cardano blockchain, appears to be facing a small correction after a bullish breakout on March 11, 2025. Despite the ongoing price correction on the four-hour timeframe, ADA seems to be forming a bullish inverted head and shoulders pattern on the same timeframe.
Cardano (ADA) Technical Analysis and Upcoming Level
According to expert technical analysis, ADA appears bullish on both the four-hour and daily timeframes. It has recently taken crucial support from a key level of $0.65, and the price has now begun to recover. On smaller timeframes, it seems to be forming a bullish price action pattern, indicating a potential upside rally soon.
Based on recent price action and historical patterns, if the asset breaches the bullish pattern and closes a four-hour candle above the $0.75 level, there is a strong possibility it could soar by 9% to reach $0.80 in the coming days. Additionally, this could further open the gate for a 40% upside rally, potentially pushing the price to $1.13 in the near future.
Source: Trading View
With the recent price decline, the asset has already fallen below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that it is still in a downtrend. However, its Relative Strength Index (RSI) appears to be recovering, which is a bullish sign for the asset.
ADA Current Price Momentum
ADA is currently trading near $0.72 and has experienced a price surge of over 2% in the past 24 hours. However, during the same period, its trading volume jumped by 20%, indicating heightened participation from traders and investors compared to the previous day.
Traders Over-Leveraged Positions
As the price moves closer to the neckline of the bullish inverted head and shoulders pattern, traders’ bets on the long side appear to be rising, as reported by the on-chain analytics firm Coinglass.
Data reveals that traders are currently over-leveraged at $0.70 on the lower side, with bulls having built $12 million worth of long positions, believing the price won’t fall below this level. On the other hand, bears are currently over-leveraged at $0.75, having built $9 million worth of short positions in the past 24 hours.
When combining these on-chain metrics with the bullish price action, it appears that ADA could soon breach the neckline and soar significantly in the coming days.
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ADA, the native token of the Cardano blockchain, appears to be facing a small correction after a bullish breakout on March 11, 2025. Despite the ongoing price correction on the four-hour timeframe, ADA seems to be forming a bullish inverted head and shoulders pattern on the same timeframe. Cardano (ADA) Technical Analysis and Upcoming Level …
Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12.
Bitcoin’s Recent Price Swing
Bitcoin slipped to around $76,800 just days ago, triggering concerns about a deeper sell-off. However, the cryptocurrency quickly rebounded and now holds steady above $82,000. Despite this, Bitcoin is still down 14% in 2025 and remains 26% below its all-time high.
One of the key reasons behind Bitcoin’s recent dip was the reaction to former U.S. President Donald Trump’s proposal for a national Bitcoin reserve. Initially, the announcement created excitement, but when no actual government purchases followed, investors felt let down.
Alongside this, broader economic concerns, including inflation fears, rising interest rates, and trade tensions, have also weighed on Bitcoin’s price. While the recent recovery shows strength, experts warn that volatility is far from over.
Strong RSI Seeing a Recovery
From a technical perspective, Bitcoin’s derivatives market is showing signs of stability. The annualized premium on Bitcoin futures remains at 4.5%, even after the sharp decline between March 2 and March 11.
This is a positive sign, as, during previous major crashes, this premium dropped to zero or even negative levels, signaling extreme panic.
Additionally, the Relative Strength Index (RSI), which measures price momentum, has risen from 30 to 40, suggesting that selling pressure is easing. However, for Bitcoin to confirm a strong recovery, the RSI must move above 50.
What’s Next for Bitcoin?
If Bitcoin continues its upward trend, analysts predict it could quickly move toward $90,000. However, the coming days will be crucial in determining whether this recovery is sustainable or if another dip is on the horizon.
The post Bitcoin Prediction For March 12 appeared first on Coinpedia Fintech News
Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12. Bitcoin’s Recent Price Swing Bitcoin slipped to around $76,800 just days ago, triggering …
The XRP market stands at a critical juncture, facing increased volatility and conflicting price predictions. While investors grapple with whether XRP will finally breach its previous all-time high or remain stuck within its current price range, a powerful new trend is emerging: AI-powered solutions and products built upon the XRP Ledger (XRPL).
At the forefront of this innovation is XRPTurbo—a launchpad leveraging artificial intelligence (AI) to unlock new opportunities for the Ripple ecosystem.
XRP Price Predictions: A Market Seeking Direction
XRP investors have experienced intense price swings recently, with the asset struggling to secure sustained bullish momentum. Analysts remain divided—some anticipate a decisive breakout above previous highs, driven by ongoing regulatory clarity and adoption, while others expect XRP to stay range-bound until major catalysts emerge.
Yet, amid these debates and speculative scenarios, a significant shift is quietly taking place beneath the surface. Investors are now actively positioning themselves not merely around XRP’s immediate price trajectory, but within innovative projects building upon its infrastructure, especially those harnessing transformative AI technologies.
XRPTurbo: Unleashing AI Agents & Real-World Asset Tokenization on XRPL
XRPTurbo (XRT) has quickly gained recognition as an exciting new launchpad uniquely designed for deploying AI-powered agents and tokenizing Real-World Assets (RWAs).
Unlike traditional crypto projects, XRPTurbo combines the lightning-fast and cost-efficient transactions of XRPL with sophisticated AI capabilities—unlocking a wide array of use cases:
Automated Smart Contracts: AI agents capable of independently executing complex contracts with precision and reliability.
Advanced Trading Automation: AI-driven bots optimized for continuous market analysis, automatic trade execution, and superior returns.
Real-Time Data Analytics: Immediate data retrieval and insights generation to empower users with critical decision-making information.
Social Media Automation: Efficiently manage community growth, market sentiment, and engagement with intelligent automation solutions.
By leveraging AI technology, XRPTurbo dramatically reduces barriers for businesses and developers, effectively transforming XRP into a vibrant, scalable hub for next-generation DeFi solutions.
$XRT Token: The Gateway to XRPTurbo’s AI Revolution
Central to the XRPTurbo ecosystem is the $XRT token—a meticulously crafted utility token with a capped supply of 100 million, ensuring both scarcity and sustained long-term value.
$XRT holders enjoy exclusive privileges that reinforce their role in the ecosystem:
Priority Access: Early and exclusive entry into groundbreaking AI and RWA projects launching on the XRPTurbo platform.
Passive Income via Staking: Token holders can stake $XRT to earn continuous rewards, maximizing returns beyond mere speculation.
Future Revenue Sharing: A portion of platform-generated fees will be redistributed among token stakers, aligning investor success directly with XRPTurbo’s growth trajectory.
XRPTurbo Presale Surpasses 70,000 XRP: A Transparent and Dynamic Model
Remarkably, XRPTurbo’s presale has already raised over 70,000 XRP in mere days, quickly surpassing its soft cap and proving investor enthusiasm.
The presale introduces an innovative approach—a dynamic pricing model where the final token allocation is determined by the total XRP contributed by participants. This approach guarantees fairness and transparency, making it accessible and advantageous for both seasoned investors and crypto newcomers.
How to Join the Presale and Secure $XRT at the Best Price
A Window of Opportunity: Analysts Predict Explosive Adoption
Given the rapid expansion of AI technology in the blockchain space, experts are already comparing XRPTurbo’s potential to top-performing AI-driven projects like Virtuals Protocol.
With adoption expected to accelerate sharply once listed on decentralized exchanges, investors buying $XRT during the presale could position themselves for extraordinary returns—potentially exceeding 100x.
XRPTurbo DAO and Community Growth: Join the Revolution
Early presale contributors will also have opportunities to shape XRPTurbo’s future, as the top participants become integral members of the XRPTurbo DAO, influencing decisions and project launches directly.
Don’t miss your chance to be at the forefront of the XRP ecosystem’s next major revolution.
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The XRP market stands at a critical juncture, facing increased volatility and conflicting price predictions. While investors grapple with whether XRP will finally breach its previous all-time high or remain stuck within its current price range, a powerful new trend is emerging: AI-powered solutions and products built upon the XRP Ledger (XRPL). At the forefront …
The cryptocurrency market has continued its downturn trend after the late 2024 rallies. Bitcoin (BTC) dropped 4 month low of below $77,000 on March 11 and Ethereum (ETH) has declined by more than 13% in the last week, falling from its December high of $4,000 to its current level of $1,875, putting great pressure on the major altcoins.
Five significant Real World Asset (RWA) tokens, including Chainlink (LINK) and Ondo (ONDO), have dropped to critical support levels during this downward crypto market. While OM remains resilient, trading in the green, ALGO has plummeted 2% and CPOOL surged 9%.
1. Mantra (OM)
In the OM daily chart, the price has plunged 0.38% today and touched the 50-day Moving Average (50MA) support at $6.2673 (shown in the green rectangle) and also touched the ascending trendline which usually has support below it. However, OM’s price has shown strength and is trading higher at $6.2.
Observing the historical price movements, similar tests of the support at 50MA (as shown in the purple circles) arms were followed by strong recoveries that brought strong rallies. If this scenario plays out, OM price may retest its all-time high (ATH) of $9.15 with possible consolidation thereafter.
2. Chainlink (LINK)
The chainlink price pattern shows two ascending diverging trend lines. The top side connects Chainlink’s higher highs and the bottom connects its lower highs over a certain period. This wedge can potentially lead to a strong rebound in most cases.
In Chainlink’s instance, the wedge was defined by the upper side connecting the largest swings since September 2022 and the lower side connecting the lowest points since June 2023. $LINK price has since found its way back down and is approaching the bottom of its megaphone pattern, suggesting a rebound.
If the rebound happens, the next level to watch is $30.81, the highest level in 2024. This target is nearly 135% above the current price and corresponds to the 50% Fibonacci Retracement level.
3. Ondo (ONDO)
ONDO’s weekly price chart shows an ascending spreading wedge pattern. The continuing correction started with its rejection of the upper trendline at $2.14 (the December 16 high), which set off a continuous fall toward the lower support trendline.
With today’s decline, ONDO price challenged the lower trendline support at $0.72 but is currently trading above $0.83, showing some resilience. If ONDO follows its historical price movement within the pattern, a major rebound toward the upper trendline of $3.03 is possible.
4. Algorand (ALGO)
Despite going through a bear market and failing to establish a decent rally since it, the Algorand price chart has a good historical correlation with major support and resistance levels. The purple circles indicate critical support retests, in each event the price bounced after reaching these levels. The orange circles are resistance levels. At present, ALGO price is at a crucial support level similar to previous cycles, which can be held and bounced.
Historically, this support has served as a major accumulation area and could result in a bounce to $0.60.
5. Clearpool (CPOOL)
The CPOOL price chart formig a rising wedge, which is usually a bearish pattern. The price has been moving between two ascending trendlines for the past few months, making higher highs and lower lows. Historically, $CPOOL saw a sharp rally after its first launch, hitting a peak of $2.57, before witnessing a major downtrend. Between 2022 and 2023, the price consolidated, forming a strong base, before beginning a slow recovery over 2024.
$CPOOL is currently testing the wedge’s lower support at $0.104. The RSI (Relative Strength Index) of 32.43 indicates CPOOL is on the verge of oversold conditions, suggesting a bounce is likely. Likewise, the CCI (Commodity Channel Index) of -148.79 indicates extreme downward momentum, but past behaviors from this level expect a price reversal. If CPOOL is maintained above the $0.09 support level, a bounce to $0.31 is likely to follow.
Conclusion
The RWA industry is expanding rapidly, with many projects gaining widespread attention on social media. As of March 9th, $LINK, $ONDO, and ALGO were the most prominent projects in RWA sectors by social interaction, according to statistics from Phoenix Group.
The Real-World Assets industry continues to expand at a rapid pace. It has a market cap of $30.13 billion, which is 1.10% of the total cryptocurrency market cap. With $11.9 billion, or nearly 69% of the market, tokenized private credit makes up the largest portion. At $3.5 billion, tokenized U.S. Treasury debt has also gained popularity.
The five cryptocurrencies are all near their significant support levels right now, which have historically led to recoveries. This will be a good time to accumulate the dip for traders. DYOR ( Do your Own Research) once entering the market.
The post Top 5 RWA Tokens At Critical Support: OM, LINK, ONDO, ALGO, And CPOOL Rebound? appeared first on Coinpedia Fintech News
RWA tokens
Announcing our $82M Series B, led by .webp)
