U.today prepared the three best news stories over the past day.
XRP: Goodbye to $ 2?
Yesterday, March 31, XRP decreased by more than 5 % To the lowest level worth $ 2.06, which increases the risk of losing a US dollar threshold. 200 EMA at $ 1.94 is the last line of XRP, and historically, a decrease in this level has led to a faster decrease. In addition, the top of the descending triangle style approaches, indicating an imminent collapse, when support is weakened under pressure. If the XRP collapses dramatically to less than $ 2 and the 200 EMA is not preserved, then the following important support is between $ 1.85 and $ 1.80. To break this trend, the original needs to restore 2.30 to $ 2.40 and close it over it in a large size. However, the chances of doing this XRP seem slim in the absence of a stimulus in the market more prevalent, which puts the future of the $ 2 brand in danger. The XRP value is currently estimated at $ 2.12, an increase of 1.09 % over the past 24 hours, per coinmarkcap.
The main federal reserve bank presented by Goldman Sachs, a rise to encryption?
According to the hadith X post Woo Wu Blockchain, Goldman Sachs Reviewed Inflation expectations; Now the basic PCE index is expected to rise to 3.5 % this year instead of the previously estimated 3.0 %. To address success in growth and employment, Goldman Sachs expects that the Federal Reserve will reduce interest rates three times in the second half of 2025. This view goes beyond both the Federal Reserve’s expectations and market expectations, as federal reserve officials alluded to more discounts later this year during their meeting in March. With the main labor market reports and speech by the Federal Reserve Chairman Jerome Powell on the horizon, analysts closely monitor the macroeconomic signs that may affect the market dynamics. Historically, the price cuts helped increase risk assets such as cryptocurrencies, indicating that low borrowing costs can pay the increasing investment in the encryption space, which increases the purchase pressure.
RLUSD volatility from Ripple Major Stablecoins in this main scale: details
Ripple StableCoin Rlusd receives the Vet praise, which is XRPL Dunl. In a conversation X post, The most prominent veterinarian The impressive RLUSD performance Compared to other stablecoins. The post reads: “RLUSD is the most efficient stablecoin in the entire encryption market currently. It contains the highest percentage to 37 %. Leaving the best other stablecoins far away.” According to Coinmarketcap data yesterday, Ripple USD (RLUSD) recorded 39.49 %; Tether recorded 36.45 %, while USDC and PayPalusd showed 15.02 % and 6.76 %, respectively. Since its launch in December 2024, the RLUSD market value has increased to 243.77 million dollars. This goes beyond Ripple’s internal growth expectations; Ripple executive Jack McDonald shared a general expectation by the Ripple team that Rlusd will become one of the best five Stablecoins by the end of the year, echoing previous predictions of CEO Brad Garlinghyus.
