Pending when an XRP ETF product is launched, the Cryptocom exchange has launched a product to boost its trading. As revealed, the platform has introduced strike options for XRP. Notably, this will allow users to predict the coin’s price movement within a 20-minute window. Cryptocom Unveils Strike Options For XRP Cryptocom has officially launched strike options for XRP. According to the update, this will give traders the chance to predict the coin’s price movement in short timeframes. With just $10, users can place trades and potentially profit by simply answering “yes ” or” no ” to whether XRP will move beyond a specific price in 20 minutes. It is worth noting that these options offer high-risk, high-reward scenarios and are designed for fast-paced trading environments. The product allows early exit if the price moves in the trader’s favor before the contract ends, which adds a strategic element to the experience. … Read More at Coingape.com
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others.
TRX Defies Bearish Trend and Outperforms BTC and ETH
The upside rally and price surge in TRX occurred after billionaire and Tron founder Justin Sun made a major announcement. Today, in a post on X (formerly Twitter), Sun stated, “TRX will be soon on Solana. Ready to buy and collaborate.”
It appears that this collaboration with Solana aims to enhance cross-chain transactions with SOL and other meme coins while leveraging Solana’s fast and low-cost network to improve overall efficiency.
TRX will be soon on solana. Ready to buy and collaborate
Sun’s announcement, amid the current market sentiment, helped TRX recover its losses, turn bullish, and sustain its upside momentum. The asset is currently trading near $0.238, recording a price surge of over 8.50% in the past 24 hours.
Additionally, following this announcement, trader and investor participation skyrocketed, leading to a 25% surge in trading volume.
Tron (TRX) Technical Analysis and Upcoming Levels
According to CoinPedia’s technical analysis, TRX appears bullish, and with the ongoing rally, it has regained one of its crucial support levels at $0.22 while moving toward the resistance level of $0.25.
The TRX daily chart shows that the asset was previously trading within a tight range between $0.2185 and $0.25. However, given the recent price rally and Sun’s announcement, it appears that the bulls are back, and the asset is poised to continue its upside momentum until it reaches the $0.25 level.
Source: Trading View
Additionally, during the recent price drop, the asset successfully retested the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that it remains in an uptrend.
The post TRX Poised to Hit $0.25, Is Solana Integration Fuel the Rally? appeared first on Coinpedia Fintech News
Amidst the ongoing market uncertainty, TRX, the native token of Tron, is standing out from other assets due to its impressive performance over the past 24 hours. As of today, March 19, 2025, the asset has recorded an 8% gain, outperforming major cryptocurrencies like Bitcoin (BTC) and Ethereum, along with several others. TRX Defies Bearish …
The total crypto market cap (TOTAL) and Bitcoin (BTC) have struggled to recover recent losses, with global political tensions continuing to escalate. This has kept volatility high, impacting the crypto market. Ondo (ONDO) is leading the decline among altcoins, experiencing an 8% drop in the last 24 hours.
In the news today:-
The Texas Bitcoin Reserve proposal passed the Senate with 25 out of 30 votes in favor, moving closer to becoming law. Despite some Republican defections, the bill, which does not mandate Bitcoin purchases, has garnered bipartisan support and will now proceed to the House for further approval.
Sam Bankman-Fried, in an interview with Tucker Carlson from prison, reiterated his belief that declaring bankruptcy was a mistake and claimed FTX would have $93 billion in assets. However, his responses reflect biases, and it’s essential to consider his perspective with caution.
The Crypto Market Dips Again
The total crypto market cap lost $99 billion over the past 24 hours, currently sitting at $2.82 trillion. This decline followed a failed attempt to breach the $2.93 trillion resistance, further pressured by escalating global tensions, particularly surrounding Trump’s tariff war, which dampened market sentiment.
At present, the total crypto market cap is holding above the $2.75 trillion support level. However, the bearish sentiment persists, and if global tensions continue to rise, it could trigger further declines, potentially dropping to the $2.63 trillion support level. This would extend recent losses and further dampen investor confidence.
Total Crypto Market Cap Analysis. Source: TradingView
Despite the current downturn, a shift in broader market conditions could signal recovery for the crypto market. If TOTAL manages to breach the $2.93 trillion resistance, it could reverse the bearish trend and attempt to rise above $3.00 trillion. This would invalidate the current bearish outlook and mark the beginning of a potential rally.
Bitcoin Fails Securing Support
Bitcoin’s price is down by 4% today, trading at $87,004, just below its support level of $87,041. The broader market’s bearishness has been intense, as seen in the intra-day low of $84,667. Bitcoin’s price movement is largely influenced by this ongoing market volatility, which is hindering recovery.
If the support level of $87,041 is regained, Bitcoin may find stability and a shot at recovery. However, if Bitcoin slides further below this critical support, it could experience a decline towards $85,000 or even slide further to $82,761. This would reinforce the bearish sentiment and extend the current downtrend.
To invalidate the bearish outlook, Bitcoin must reclaim the $89,800 support level, something it was unable to achieve today. Successfully flipping this level into support could push Bitcoin’s price toward $93,625. A recovery beyond this point would indicate a shift in momentum toward the upside.
Ondo Takes A Big Hit
Ondo price has dropped by 8.6% over the last 24 hours, falling below the support level of $1.10 and currently trading at $1.02. This downturn has made ONDO the worst-performing asset of the day. The market sentiment suggests that further declines are unlikely in the near future.
Given the current market conditions, ONDO is expected to consolidate between the $1.10 and $0.96 levels. This price range has proven reliable in the past. While a major price drop seems unlikely, ONDO’s performance will largely depend on market sentiment and investor action in the coming days.
If the $1.10 support is successfully reclaimed, ONDO has the potential to rise toward $1.27. Breaching this resistance, alongside overcoming the 50-day and 200-day EMAs, could signal a shift in momentum and invalidate the current bearish outlook, paving the way for further upside potential.
Cardano price is undergoing a torrid patch as market sentiment turns negative for the tenth-largest cryptocurrency by market capitalization. ADA has fallen by 3% on the 24-hour chart, but weekly charts reveal an even steeper drop for the asset. The recent ETF delay by the SEC and the broader market decline are contributing to Cardano’s underwhelming price performance. Cardano Price Falls By 3% Over The Last Day According to data from CoinMarketCap, the Cardano price has taken a major hit over the weekend to trade at $0.69. The data from the crypto market aggregator indicates that ADA has fallen by 3% in the last 24 hours, accentuating a negative market sentiment. Amid the price decline, daily transaction volumes have tumbled by 17.33% to settle at $841 million. A closer look at the charts reveals an even steeper drop of over 8% in the last seven days for the asset. The… Read More at Coingape.com
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