Trump SOL priceTRUMP

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of Appeals as of January 2025. The timing for a ruling is unpredictable, and legal experts believe the lawsuit could last until later this year. However, there were reports that the SEC has taken down information about the lawsuit against Ripple from its website. Commenting on the reports, Attorney Jeremy Hogan said the court does not care what the SEC does on its website, suggesting that the case is still on. Nonetheless, many XRP community members believe the case will conclude soon, given the emergence of a pro-crypto government under President Donald Trump. Meanwhile, Garlinghouse recently confirmed discussions with Trump about adding XRP to the US strategic reserves.

The TRUMP token has sparked heated discussions in the crypto community, with some seeing it as a bullish catalyst and others warning of potential instability. On one hand, its launch demonstrated growing interest in political memecoins, which could attract new liquidity to the space. However, critics argue that it has drained capital from more reputable assets, leading to volatility across multiple markets. At press time, the altcoin was trading at $24.27, down 5.98% – A sign of mixed investor sentiment. The memecoin’s price has been consolidating within a critical support zone at $23.88 – A level that could determine its next major move. If bulls manage to push it above $28.13, a surge towards $40 could follow, providing traders with renewed confidence. Additionally, the Relative Strength Index (RSI) was at 32.79, indicating that TRUMP may be nearing oversold territory. If the RSI rises above 37.51 in the short term, buying momentum could strengthen, improving the chances of a breakout. While TRUMP initially gained massive traction, recent data hinted at a decline in its social volume and dominance. In fact, Santiment analytics revealed that social volume peaked at 2.0 mentions per hour on 29 January. However, it has since dropped significantly. Additionally, social dominance fell to 0.33% – A sign of a fall in trader discussions surrounding the token. This reduction in hype could mean weaker buying pressure, making it harder for bulls to sustain an uptrend on the charts. Open Interest dropped by 4.54% to $833.39 million, indicating reduced trader activity. Typically, rising Open Interest signifies confidence in a potential move, but the latest decline seemed to hint at hesitation. Moreover, this decline could mean that traders are closing positions, rather than betting on a major price swing. If Open Interest continues to fall, it may allude to further downside risk. Liquidations data revealed that $344.75k in short positions and $588.38k in long positions were wiped out. Simply put, both bulls and bears have been facing challenges as price volatility increased across the board. However, if short liquidations intensify, a short squeeze could drive TRUMP’s price higher on the charts. Therefore, traders should closely monitor liquidation trends for signs of an upcoming breakout. TRUMP’s price remains at a critical juncture, where breaking above $28.13 could trigger a bullish reversal. On the contrary, failing to hold support might lead to more losses. With declining social volume and Open Interest, market sentiment may appear somewhat cautious. However, if bullish momentum builds, TRUMP could reclaim lost ground in the coming days. For now, traders should watch key levels before confirming a clear trend shift.$TRUMP

Bitcoin Slips Below $100K as Canada's Trudeau Retaliates to Trump's Tariffs BTC sends risk-off cues to tradfi over the weekend. (ValdasMiskinis/Pixabay) #Bitcoin $BTC

Bitcoin Slips For Third Consecutive Day as Canada's Trudeau Retaliates to Trump's Tariffs BTC sends risk-off cues to tradfi over the weekend. (ValdasMiskinis/Pixabay) #Bitcoin $BTC