Connect with us

Market

XRP Price Struggles to Hold Gains—Could Bears Take Over?

Published

on


Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



Source link

Market

3 Altcoins to Watch in the Third Week of March 2025

Published

on


The crypto market’s volatility has left altcoins in limbo, uncertain about potential gains or losses, and heavily reliant on external factors. These influences could determine whether a recovery rally occurs.  

BeInCrypto has analyzed three key altcoins for investors to watch in the third week of March and what direction they could take.

Solana (SOL)

Solana’s price is currently at $129, positioning itself for a potential bullish breakout. On March 17, the Chicago Mercantile Exchange (CME) will launch SOL Futures, a significant event for the altcoin. As CME is one of the largest derivatives exchanges globally, this could drive substantial institutional inflows into Solana.  

This development could inject bullish momentum into SOL, pushing the altcoin higher. The critical resistance level to watch is $161, which would require a 24% price surge. However, for this rally to materialize, SOL must first breach the $135 and $148 resistance levels, paving the way for continued gains.  

Solana Price Analysis.
Solana Price Analysis. Source: TradingView

If Solana fails to break through either $135 or $148, its price could retrace. A drop below these levels could send SOL back to $126 or lower to $118. This scenario would invalidate the bullish outlook, delaying any potential recovery and exposing the altcoin to further downside risk.

Mantle (MNT)

MNT price has surged 25% over the past week as anticipation builds for Mantle’s upcoming network upgrade. On March 19, the Mantle Network Mainnet will undergo a hard fork upgrade, activating EigenDA and ensuring compatibility with Ethereum’s future Pectra upgrade. This event is driving strong bullish sentiment for MNT.

In response to the upgrade, MNT is expected to see further gains, potentially reaching $1.00. Currently trading at $0.83, the altcoin needs to breach the $0.87 and $0.94 resistance levels to sustain its rally. A successful breakout above these levels could confirm the bullish trend.

MNT Price Analysis.
MNT Price Analysis. Source: TradingView

However, failure to surpass $0.87 could keep MNT stuck in consolidation. If the altcoin loses support at $0.79, it risks falling further to $0.71. A drop to this level would invalidate the bullish outlook and shift market sentiment toward a bearish trend.

BNB 

Another altcoin to watch in March, BNB’s price surged 19.5% this week, reaching $635 at the time of writing. The altcoin successfully broke through the key resistance block between $587 and $619. With bullish momentum building, BNB appears poised for further gains, provided market conditions remain favorable in the coming days.

One major catalyst is the upcoming Pascal hard fork on March 20. The upgrade will introduce EIP-7702 smart contract wallets, enhanced Ethereum Virtual Machine (EVM) compatibility, and improved developer flexibility. These enhancements could drive investor confidence, pushing BNB above $647 and potentially toward the $686 mark.

BNB Price Analysis.
BNB Price Analysis. Source: TradingView

However, if the anticipated rally fails to gain traction, BNB could retreat to $619. Losing this support level may trigger further declines, sending the altcoin back through the resistance block and potentially testing the $550 support level, which would invalidate the bullish outlook.

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.



Source link

Continue Reading

Market

Chaos Labs, Monad & Voltix

Published

on



Three projects are launching enticing crypto airdrops this week, offering investors a chance to get in on the ground floor without any initial financial investment.

Airdrop farmers can capitalize on the following participation opportunities with renowned investors backing these three projects.

Chaos Labs

Chaos Labs is a blockchain risk management and optimization platform. It is one of the key players in DeFi protocol security and has raised $79 million across two funding rounds. Key backers include Galaxy, Coinbase Ventures, and HashKey Capital.

According to data on Cryptorank.io, Chaos Labs confirmed its airdrop. It offers participants a chance to join its whitelist while the project is still on the ground floor. While the reward date is pending, Chaos Labs announced a new AI model built for the crypto community. Users can already sign up on the waitlist and get early access to the product.

“Built on years of proprietary data from securing trillions in trading volume, Chaos AI transforms fragmented market data into institutional-grade financial intelligence,” Chaos Labs shared.

Airdrop farmers should focus on interacting with Chaos Labs’ tools, such as its risk dashboards or simulation platforms, if accessible via testnets or partnerships. Joining their Discord or Twitter communities is critical to staying updated on whitelist opportunities or tasks, considering social engagement is often a prerequisite.

Given its $20 million seed round in 2023 led by Galaxy Digital, Chaos Labs might retroactively reward users of supported protocols like Aave or Uniswap. Farmers should diversify activity across these ecosystems, track announcements, and be cautious of scams—only official channels should be trusted for task details.

Monad

Monad, an EVM-compatible Layer-1 (L1) blockchain, launched its testnet on February 19, 2025. It is a hot prospect for crypto airdrop farmers. With $244 million raised from Paradigm and others, Monad’s anticipated mainnet (potentially Q1 2025) could include a token drop for early adopters.

Farmers must join the Monad Discord, as securing the “Full Access” role earns 5 MON test tokens. Meanwhile, holding 0.01 ETH on the Ethereum mainnet nets two tokens. Testnet participation, like minting NFTs on monadverse.land (200,000 supply) or completing tasks on layer3.xyz is key.

Users should also regularly check Magic Eden’s Monad testnet for new mints and use Talentum.id (code NS12G) for ecosystem tasks. Activity level determines rewards, so consistent engagement is essential. Farmers should monitor official updates for mainnet and token launch timelines, as early participation often correlates with bigger airdrops. Wallet setups such as Metamask and testnet activity tracking are imperative.

“Also pay attention to these projects from the Monad ecosystem, which we added in a separate guide: Kintsu, Magma, and FastLane,” Cryptorank.io highlighted.

Voltix

Voltix is a Solana-based project that leverages idle CPU power for AI and DePIN (decentralized physical infrastructure networks). After raising $10 million from BLCK Labs, the project confirmed a VOLT token airdrop.

For farmers, the focus is on earning points via the Voltix browser extension before the Token Generation Event (TGE) date. Install the extension, contribute computing resources, and complete social tasks to rack up points, which are convertible to VOLT at TGE.

More CPU uptime and better hardware boost rewards mean running Voltix on multiple devices can help maximize gains. Farmers should log into the Voltix dashboard regularly for new tasks and join community channels for bonus opportunities.

The airdrop favors early adopters, so starting early is critical. No exact distribution timeline exists yet, meaning vigilance on official Voltix announcements is necessary.

Airdrop farmers should act swiftly, diversify efforts, and stay informed via official sources to capitalize on these opportunities. Nevertheless, they must also conduct their research.

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.



Source link

Continue Reading

Market

YZi Labs Backs Plume Network’s RWAfi Ecosystem

Published

on


YZi Labs (formerly Binance Labs) has announced its investment in Plume Network (PLUME). It is a fully integrated, Layer 2 modular blockchain designed for the rapid adoption and integration of real-world assets (RWAs).

The investment marks a significant step in advancing blockchain infrastructure that seamlessly bridges traditional finance with decentralized finance (DeFi), further expanding the Real World Asset Finance (RWAfi) ecosystem.

YZi Labs Backs Plume Network to Grow RWAfi Ecosystem

In a press release shared with BeInCrypto, YZi Labs’ Investment Director Max Coniglio emphasized the strategic importance of the investment. He highlighted Plume’s potential to revolutionize RWA adoption.

“At YZi Labs, we invest in projects that harness blockchain technology to create real-world impact and Plume is a prime example—they are bringing real-world assets on-chain to unlock new capital, expand access, and drive adoption. By making RWAs as seamless as any other digital asset, Plume is bridging traditional finance and DeFi, paving the way for broader adoption,” Coniglio told BeInCrypto.

Notably, Plume Network provides an Ethereum Virtual Machine (EVM)-compatible environment that facilitates onboarding a wide range of assets. These include financial instruments, carbon credits, GPUs, and collectibles. Additionally, it seamlessly integrates these assets into a composable RWAfi ecosystem, enhancing their utility and enabling broader financial interactions.

Through its composable ecosystem, Plume enables users to earn rewards, trade, borrow, lend, swap, and engage in market speculation. By integrating real-world assets on-chain, Plume ensures they are as accessible and user-friendly as traditional crypto tokens.

Meanwhile, Chris Yin, co-founder and CEO of Plume, stressed that the platform aims to address the longstanding infrastructure gap that has hindered the widespread adoption of RWAs in the crypto space. 

“Although stablecoins, the original RWA, have successfully proven to onboard new users into crypto, the rest of RWAs have struggled to achieve the same traction. With Plume, asset issuers of all kinds can become Web3 builders, seamlessly connecting to our community, ecosystem, and liquidity,” Yin said.

YZi Labs’ investment comes at a time when RWAs have emerged as one of the fastest-growing sectors in crypto. According to the data from DefiLlama, RWA’s total value locked (TVL) reached an all-time high of $9.9 billion last week.

Moreover, the RWA sector has emerged as the best-performing category over the past year, surging by an impressive 237.2%. 

RWA Sector Performance. Source: Artemis

In contrast, the broader crypto market has experienced mixed results, with some sectors suffering deep losses. While Bitcoin (BTC) has gained 22.2% and privacy coins have risen by 28.2%, their growth pales in comparison to the explosive rise of real-world assets. Meanwhile, Ethereum (ETH) has dropped by 47.7%, and the decentralized finance (DeFi) sector has struggled even more with a 55.8% decline.

Despite its strong yearly performance, the RWA has faced a recent pullback. Month-to-date (MTD) sector performance data shows a -12.1% decline, suggesting a correction following its rapid growth. Bitcoin and Ethereum also posted losses, indicating a broader market downturn rather than an RWA-specific issue.

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.



Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io