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Is Korea Propping Up The XRP Price? Pundit Explains What’s Happening

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A crypto analyst has shared insights into the recent strength in the XRP price, suggesting that South Korea may be the reason behind it. The analyst noted that the altcoin has been seeing high trading volume on South Korean exchanges, and this localized demand may be holding up its price while other altcoins struggle to gain traction. 

How South Korea Is Bolstering The Price

According to XForceGlobal South Korea is currently one of the major drivers of the XRP price action. In a recent post on X (formerly Twitter), the analyst disclosed that the engagement and adoption from the crypto users in South Korea was a major contributor to XRP’s bullish performance.

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Currently, South Korea is one of the most active crypto markets in the world, leading in global trading volume across multiple assets. However, among the numerous cryptocurrencies in the market, XRP stands out the most within the country. The analyst has revealed that even during low trading days, XRP frequently outpaces Bitcoin, underscoring its high demand and adoption in South Korea. 

XForceGlobal has suggested that South Korea’s notable interest in XRP likely stems from its status as one of the most isolated countries in terms of crypto regulations. The analyst revealed that millions of citizens currently own the altcoin, making up about 20% of the cryptocurrency’s market cap valuation. 

Moreover, due to a lack of large-scale cross-border payment solutions, most South Koreans opt to use cryptocurrencies like XRP to facilitate transactions. This, in turn, fuels adoption and strengthens the cryptocurrency’s utility, which positively influences its price action. 

Compared to South Korea, the regulatory uncertainties and legal challenges in the United States (US) have slowed down XRP’s growth. XForceGlobal has stated that the active participation of retail institutions, strong community support, and early adoption in South Korea have helped prop up prices despite the difficulties it faced over the past years.

What The Future Holds For XRP In South Korea

While discussing the impact of South Korea’s support for XRP on its price action, XForceGlobal offered insights into the cryptocurrency’s future in the country. The analyst revealed that the market is at a pivotal moment where XRP has evolved from a speculative asset to a symbol of Korea’s dominance in the crypto market. 

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Currently, Upbit, the largest crypto exchange in South Korea, holds the most significant market share of XRP in terms of total supply. The exchange reportedly has about 6 billion XRP, accounting for roughly 5% of the entire supply. 

XForceGlobal has revealed that the continued demand from retail investors combined with Upbit’s massive XRP reserve will make South Korea a key driver to the cryptocurrency’s global future price action. 

Moving forward, the analyst has discussed XRP’s price movements on the Korean won chart, suggesting that its current action may be foreshadowing upcoming events. He pointed out that the altcoin has already formed a lower low on the chart, possibly hinting at a more controlled pullback rather than an impulsive decline — an outlook he described as “arguably bearish”.

The crypto analyst also noted that XRP may be forming a potential bottom on the Korean won chart, indicating a possible impulse to the upside and a bullish continuation.

XRP
XRP trading at $2.06 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com



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Celestia (TIA) Price’s 30% Crash Prolonging Could Bring Recovery

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Celestia (TIA) has recently experienced a significant drawdown, losing nearly 30% of its value in the past two weeks. This decline has been attributed to the broader bearish market conditions, which caused panic among investors.

As a result, many TIA holders decided to pull their funds, adding to the downward pressure on the price.

Celestia Holders Opt To Back Out

The Chaikin Money Flow (CMF) indicator has shown significant outflows from Celestia, marking the largest selling activity since the beginning of 2025. This reflects the growing fear among investors after the 30% price correction. 

However, despite the negative sentiment, there has been an uptick in the CMF recently, indicating that some new investors are beginning to see value in the low prices. These inflows could potentially help stabilize the price and set the stage for a recovery.

Celestia CMF
Celestia CMF. Source: TradingView

The Relative Strength Index (RSI) for Celestia shows that cryptocurrency is currently on a bearish trend. Stuck below the neutral line at 50.0, the RSI is moving closer to the oversold threshold of 30.0. Historically, when an asset reaches this level, it is considered a signal for a potential reversal, as selling typically slows, and accumulation begins.

If the RSI falls below 30, it could trigger buying interest, as many traders may view the low prices as an opportunity to enter the market.

The current state of the RSI suggests that while bearish momentum is still strong, the conditions are ripe for a reversal. If the selling pressure wanes and buyers begin to step in, Celestia’s price could find support and begin an upward move.

Celestia RSI
Celestia RSI. Source: TradingView

TIA Price Could Be Looking At Recovery

Celestia is currently priced at $2.62, reflecting a nearly 30% decline over the past two weeks. It is holding just above the critical support level of $2.53. If the market sentiment improves and the RSI hits the oversold zone, there is potential for a recovery.

The influx of new investors could provide the momentum needed to drive the price higher.

A successful bounce from the $2.53 support level could see Celestia pushing through $2.73 and heading towards $2.99. This would signal the beginning of a recovery rally and possibly set the stage for further price appreciation as market conditions improve.

Celestia Price Analysis.
Celestia Price Analysis. Source: TradingView

However, if Celestia fails to hold the $2.53 support, it could trigger a further decline towards $2.27. This would invalidate the bullish outlook, prolonging the downtrend and extending investors’ losses.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Conor McGregor’s Crypto Token REAL Tanks After Launch

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Conor McGregor, the former UFC champion, has entered the crypto scene with the launch of a new memecoin dubbed REAL.

Despite the star power behind it, REAL is off to a sluggish start, struggling to attract investor interest in a memecoin market that is still reeling from recent scandals.

Conor McGregor’s REAL Token Raises Just $218,000

Announced on April 5, McGregor unveiled his plans to disrupt the digital asset space, claiming he had already changed the fight, whiskey, and stout industries.

“I changed the FIGHT game. I changed the WHISKEY game. I changed the STOUT game. Now it’s time to change the CRYPTO game. This is just the beginning. This is REAL,” McGregor announced on X.

His latest move involves a partnership with Real World Gaming DAO to launch REAL. The token promises staking rewards and governance rights through a decentralized autonomous organization.

According to the project’s website, the team opted for a sealed-bid auction model to launch the token, aiming to prevent bot manipulation and create fairer pricing.

Under this system, participants submitted bids using USDC. Successful bidders would receive REAL tokens based on a clearing price, while those who didn’t meet the mark would be refunded.

“The auction will be open for 28 hours, after which a single clearing price will be determined. Tokens will be locked for 12 hours after auction close to facilitate a snipe-free deployment of on-chain liquidity. Proceeds from the auction will seed this pool and fund the DAO treasury,” the project added.

However, the community’s response to the project has been underwhelming. The team aimed to raise $3.6 million, with a minimum threshold of $1 million. As of press time, the auction has raised just $218,000, far below expectations.

REAL Token Fundraise.
REAL Token Fundraise. Source: REAL Website

Several issues appear to be fueling investor hesitation. Critics have called out the token’s short unlock window, warning that it creates ideal conditions for rapid sell-offs.

Others raised concerns about the project’s use of third-party logos on its site, hinting at misleading promotional tactics.

Moreover, community feedback about the project has also been overwhelmingly negative. Many users labeled the tokenomics as flawed and accused the team of focusing on short-term hype rather than sustainable value.

“If you’re buying REAL token, prepare to get dumped on. The tokenomics are absolute trash, and the unlock cliff is only 12 hours. You’re essentially giving your money away if you buy this token,” Crypto Rug Muncher wrote.

Conor McGreggor's REAL Token Tokenomics.
Conor McGregor’s REAL Token Tokenomics. Source: REAL Website

Meanwhile, the dismal launch reflects broader exhaustion in the meme coin sector, which has been rattled by recent scandals involving other celebrity-backed tokens.

Tokens tied to Donald Trump and Melania, for instance, have seen sharp declines that have caused investors significant losses.

“Celebrity coins like McGregor’s REAL and Trumps’ are toxic for crypto! Driven by hype, they lack utility, $Trump crashed 81%, $Melania 92%. These [tokens] hurt investors and crypto’s reputation. We need utility tokens for real value and growth,” Maragkos Petros, the founder of MetadudesX said on social media platform X.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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HBAR Could Avoid $30 Million Liquidation Thanks to Death Cross

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HBAR has recently experienced a significant price correction, pulling the altcoin to a critical support level. As the market conditions continue to show weakness, the price action has left HBAR vulnerable. 

However, this downside movement might be offering short traders a chance to avoid heavy liquidation losses.

Hedera Traders Stand To Lose A Lot

The liquidation map indicates a situation of concern for short traders. Approximately $30 million worth of short contracts are poised for liquidation if the HBAR price rises to $0.18. This could cause massive losses for traders who are betting against the asset. However, the current price range near $0.157 has provided some relief as the market struggles to breach lower support levels. 

If HBAR maintains its position above key levels, these traders may be spared the liquidation risk for now. Despite the challenging market conditions, this scenario actually provides a buffer for traders, helping them avoid significant losses.

HBAR Liquidation Map.
HBAR Liquidation Map. Source: Coinglass

The overall macro momentum for HBAR shows signs of potential downside pressure as the cryptocurrency approaches a Death Cross. The 200-day exponential moving average (EMA) is just over 3% away from crossing the 50-day EMA.

This technical formation, when confirmed, signals a possible continuation of the bearish trend and could push HBAR further down in the coming days.

The close proximity of these two EMAs has increased the chances of the Death Cross, which could result in further losses for HBAR holders. The market’s lack of substantial improvement and the growing uncertainty surrounding price action contribute to the likelihood of the Death Cross forming.

HBAR EMAs
HBAR EMAs. Source: TradingView

HBAR Price Holds Above Support

HBAR is currently trading at $0.157, holding just above the critical support level of $0.154. While it has managed to stay above this support for now, it remains vulnerable to falling through it if bearish sentiment intensifies. A break below $0.154 would likely trigger a deeper decline, with the next support level at $0.143.

If HBAR fails to hold the $0.154 support, a further drop could confirm the Death Cross formation. Should this scenario unfold, the price might continue downward toward $0.143, and further declines could follow, pushing HBAR toward $0.12 or lower.

HBAR Price Analysis.
HBAR Price Analysis. Source: TradingView

On the other hand, if HBAR can bounce back from $0.154, a recovery rally is possible. Successfully flipping the $0.165 resistance into support could push the price toward $0.177. This movement would bring the liquidation scenario closer to reality, as short traders could face significant losses in a reversal.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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