China News by Thebittimes.Com

Analyst and trader Ali Martinez is leaning bullish on a large-cap crypto project focusing on payments and cross-border transactions. Martinez tells his 129,700 followers on the social media platform X that Stellar (XLM) is forming a bullish pattern on the three-day chart. According to Martinez, the XRP (XRP) rival could go up by nearly 4x from a major resistance level. “Since November 2024, Stellar appears to be forming a bullish flag. The 600% rally seen in November created the pattern’s flagpole and the consolidation phase we have seen since then is forming the pattern’s flag. Now, a sustained break above the $0.42 resistance could trigger a bull run to $1.60 – representing a https://cdn.thebittimes.com/images/2025/03/07/90686a87509c3101bec899b64d9f2af0.webp% price increase.” Source: Ali Martinez/X Stellar is trading at $0.304 at time of writing. Turning to Bitcoin (BTC), the crypto analyst and trader says the largest crypto asset by market cap is flashing a...

XRP price wallows in the red as bulls attempt to keep the token above $0.45. The money remittance token was rejected at $0.47 following an earlier attempt to break out. XRP price will likely consolidate at $0.45 before trying another move up. Ripple Vs. SEC: Assessing an XRP Price Rally To $50 XRP price has lost much of its month-long upward momentum, making it brush shoulders with $0.55 twice before falling back down again. The small wins Ripple Labs has been bagging in court has improved sentiment among the XRP Army.  Even though the price corrected to $0.42, investors and experts are looking forward to XRP reclaiming its all-time high at $3.40 and blasting to $50 in the long term if there is a positive outcome from the lawsuit.  A win against the SEC (Securities and Exchange Commission) is crucial for this to happen. The SEC filed a lawsuit against Ripple Labs, the company that issues the XRP token, and its top executives in December 2020. The regulator...