- Technical outlook on altcoins: Ethereum and XRP under pressure as declines continue: Ethereum is trading at $2,338, maintaining a neutral to slightly bullish stance as the price stabilizes above the 50-day exponential moving average at $2,266 but remains below the 100-day EMA at $2,344 and the 200-day EMA near $2,546. The smart contract also tracks an upward support trendline, with the latest reaction zone around $2,288, indicating that buyers are still defending higher lows even as the MACD chart remains slightly negative on the daily chart and hints at a slowdown in bullish momentum, while the Relative Strength Index (RSI) around 55 suggests balanced and slightly positive pressure rather than a strong trend. Daily chart of ETH/USDT pair On the upside, immediate resistance is at the 100-day EMA, around $2,344. A daily close above this key level would reveal a stronger barrier at the 200-day EMA near $2,546, where the broader bearish supply zone is likely to re-emerge. On the downside, the initial support level aligns with the daily pivot point around the current trading range, followed by support at the upward trendline near $2,288, with the 50-day EMA at $2,266 providing additional support. A decisive break below this converging range would weaken the bullish trend and open the door for a clearer corrective phase. Meanwhile, XRP is trading above $1.41, maintaining a generally bearish trend, as the price remains well below the 100- and 200-day EMAs, which are at $1.50 and $1.74 respectively. However, the transfer price is slightly supported above the 50-day EMA at $1.41, indicating an initial attempt to stabilize after recent losses. Momentum signals are slightly positive, with the RSI hovering around 54 on the daily chart, and the MACD indicator chart shows it slightly above zero, suggesting selling pressure is easing but has not yet reversed, while the long-term moving averages remain above. On the bullish side, initial resistance appears near the downtrend break zone around $1.46, where previous rallies faced difficulty, followed by the 100-day EMA at $1.50. Sustained movement above these levels is required to ease the overall bearish trend. In the bullish scenario, the 200-day EMA at $1.74 represents a key medium-term barrier. Daily chart of XRP/USDT pair On the downside, the 50-day EMA at $1.41 provides immediate support. A daily close below this level would open the door to deeper corrections, while holding above it would maintain short-term consolidation below the main resistance zone.

Ondo Finance, together with JPMorgan, Mastercard, and Ripple's Kinexys, completed the first cross-border repurchase after US Treasury bond tokenization in real-time on the XRP Ledger. The transaction took less than five seconds and was completed outside normal banking hours. 🏦 First, Ondo redeemed tokenized OUSG funds on the XRP Ledger; then Mastercard sent instructions to Kinexys, while JPMorgan transferred dollars into Ripple's account in Singapore. This marks the first direct integration example of public blockchain with large banking infrastructure for such settlements. This could be an important step toward 24/7 global finance: tokenizing assets and connecting with banking systems, enabling faster international settlements and transforming liquidity management for large investors. $XRP ‌$ONDO ‌$USDC ‌

- Cryptocurrencies Today: Temporary Halt in Bitcoin, Ethereum, and XRP Price Rises Amid Overall Demand Decline: Cryptocurrency prices are experiencing noticeable weakness on Thursday, following a significant rally this week that saw Bitcoin (BTC) reach $82,850 for the first time in three months. The "King of Cryptocurrencies" is currently trading above $81,000, and its rise appears limited as demand from individuals and institutions wanes. Altcoins, including Ethereum (ETH) and Ripple (XRP), show similar weakness to Bitcoin, indicating that their recovery may need a breather before gaining momentum. Ethereum maintains its price above $2,300 after briefly surpassing the key $2,400 level, while Ripple holds its price above the immediate support level of $1.40. - Major Cryptocurrencies Struggle to Maintain Momentum Amid Demand Decline Bitcoin's rally to $82,850 is partly attributed to increased risk-taking by investors through ETFs and derivatives listed in the United States. Bitcoin ETFs have reflected this appetite, with inflows reaching $630 million on Friday, $532 million on Monday, and $467 million on Tuesday. However, interest appears to be waning, with inflows dropping to just $46 million on Wednesday. The total inflows currently amount to $59.76 billion, while net assets under management stand at $108.76 billion. Further declines in institutional interest could pressure Bitcoin and limit its gains. Bitcoin ETF Inflows | Source: SoSoValue Bitcoin derivatives also saw a slight decrease in interest, with open interest in perpetual futures contracts falling to $62.12 billion on Thursday from $64.17 billion the previous day. Daily Trading Data for Bitcoin Futures | Source: CoinGlass Ethereum spot ETF inflows were low on Wednesday, totaling $12 million, after attracting nearly $101 million on Friday, $61 million on Monday, and about $98 million on Tuesday. The average cumulative inflows amount to $12.19 billion, with net assets under management at $14.01 billion. Ethereum ETF Inflows | Source: SoSoValue Meanwhile, spot XRP ETFs are experiencing increasing inflows this week, totaling $3.87 million on Monday, $11.28 million on Tuesday, and $13.03 million on Wednesday. The average cumulative inflows are $1.32 billion, with net assets under management at $1.11 billion. XRP Inflows | Source: SoSoValue Individual participation in XRP derivatives is steadily increasing, as evidenced by the rising open interest in futures contracts, which reached $2.61 billion on Thursday, up from $2.59 billion the previous day. Daily XRP Futures Trading Data | Source: CoinGlass