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don,t seel it it will be goooos up to 2.7 or more

The crypto market has shown signs of recovery in the last 24 hours with a surge in institutional volume. Bitcoin and altcoins pulled decent gains after an extended period in the woods. XRP, which became an institutional favorite, has led top coins in terms of recovery, igniting optimism for a bull march. At the time of writing, XRP soared 6.5% today, extending weekly gains to 9% and trading above $2.68. XRP’s Institutional Volume Surge In the last 48 hours, large whales have purchased XRP after on-chain factors flipped green. Traders also flagged a decline in exchange volumes as investors set sights on long-term holdings. Moving assets to centralized exchanges weakens sentiments characterized by heightened retail sales, as seen in previous weeks. Anticipation for a spot XRP ETF in the United States is a major institutional yardstick after the success of Bitcoin’s products last year. Recent filings for these products bolstered market sentiments coupled with global developments. The XRP community broke into a frenzy following Hashdex approval to launch the first spot XRP ETF in Brazil—this news and filings from WisdomTree and Canary Capital increased expectations. In Q4, the price of XRP broke $3 for the first time in years, following massive institutional inflow following Donald Trump’s victory in the U.S. Presidential elections. Secondly, XRP price recorded upticks due to a wider market rebound. This month, crypto assets plummeted on the heels of the U.S. government announcing tariffs on Mexico and Canada. Before this, the launch of Chinese AI startup DeepSeek led to huge losses in tech stocks and Bitcoin prices. BTC’s decline below $100k from an all-time high above $109k marked the start of low sentiments in altcoins. In the last 24 hours, altcoin prices have gained momentum and recovered weekly losses. Ethereum price moved up 2% to $2,736 while XRP spiked 6.5%, leading top altcoin gains. Solana and Cardano also moved in the same direction. Positive Crypto Regulations Among the factors behind XRP’s rise, improved United States regulations opened up a new path. Last year, Trump pledged to make the country the crypto capital and drive innovation in the industry. This sparked high institutional demand for XRP and other assets. Furthermore, the creation of a crypto task force has led to strong speculations of a pause in ongoing lawsuits. “On the @SECGov pausing ongoing litigation against #crypto firms — I’m told by multiple legal sources that the SEC has been prioritizing cases with imminent court deadlines, which is one explanation for why we haven’t seen pause requests in the @Ripple and @krakenfx cases. Ripple’s next court deadline is April 16 and it looks like Kraken’s is March 31,” Eleanor Terrett wrote.

Crypto trader Ali Martinez has made a bull case for Ethereum if it slumps below $2,500 following mixed signals. The digital asset market has seen weeks of low sentiment and plunging altcoin prices. Ethereum fell below the $3k mark, with heightened sell pressure forcing retail traders off the scene. However, in the last 24 hours, enormous ETH accumulations were recorded alongside positive altcoin activity. Will ETH Hit $4K? Ethereum’s price trades at $2,739 after growing 1% in the past 24 hours and rebounding weekly numbers. The asset faced major headwinds, wiping out major positions in the last two weeks amid the major market correction. This offload sent down its market cap to $330 billion alongside a similar decline in trading volumes. Expert trader Ali Martinez wrote on X that present factors could spark a move within range, leaving a possible decline to $2,300 and a subsequent rebound. If the price dip bites harder amid recovering factors, there could be a pathway towards $4,000. ETH traders hoped to retest this level not seen in months, setting the tone for a higher price action. “In the best-case scenario, #Ethereum $ETH is range-bound, meaning it could test $2,300 support before rebounding toward $4,000. However, in the worst-case scenario, this could be shaping up as a double-top pattern.” A surge to $4k might be on the cards if the wider market recovery boosts decentralized finance (DeFi). For most commentators, Ethereum’s DeFi volumes and institutional inflow can turn the tide for the leading altcoin. Recently, institutional appetite spurred ticked up ETH price as whales resumed trading. In the last 72 hours, whales purchased over 400k ETH in a bid to reposition ahead of expected gains. Wider Altcoins Could Swing Upwards Hourly figures show a slight momentum in altcoins alongside positive on-chain metrics. Gains recorded in Ethereum led traders to turn their attention to other assets, taking the total market cap up 1%. XRP is up 4%, while Solana and Cardano gained 2.5% and 4.6%, respectively, in the same time frame. Although speculations about the altcoin season feel like a stretch, a recovery in Bitcoin’s price will add to these assets. Meme coins also attempted a slight recovery, although many top assets are far from December 2024 levels. DOGE and SHIB notched 0.5% and 0.6% gains, respectively.

⭐️ Celestia $TIA’s Rejections At $3.80 Could Expedite Further Drop  After a period of upward movement over the past few weeks, Celestia (TIA) could be preparing to witness increased price fluctuations leading to a breakout from the current uptrend. That is according to data presented by market analyst Ali Martinez today. The analyst disclosed that TIA is currently experiencing rejection at a crucial resistance level and is showing some warning indicators. 💬 Celestia $TIA facing rejection at $3.80 could signal a potential drop to $1.60! — Ali (@ali_charts) February 23, 2025 🔸 Why is Celestia rejected at $3.80 Over the past week, TIA has been trading upwards, registering increases that have bolstered its price above the $3.0 mark. However, as per Martinez’s technical chart, the Celestia price has been facing rejections at $3.80. According to his technical analysis, the analyst projected that Celestia’s price could see a potential drop to a low of $1.60 soon. A current formation of a traditional bear flag pattern on the TIA price chart signals a possible significant breakout from the current uptrend. The rejections at the $3.80 price mark are significant for the altcoin’s movement, as they triggered the formation of the bear flag pattern. This pattern is often recognized as a bearish signal during an upward movement. It indicates a potential end of an asset’s uptrend. In the context of Celestia, Martinez suggests that the asset’s recent rejections at $3.80 signal a significant drop to a low of $1.60 soon. However, this pullback will create an opportunity for those looking to accumulate TIA at a discount. 🔸 TIA price updates Celestia is displaying rising indicators of weakness, as on-chain analysis shows a looming bearish outlook ahead. Although the altcoin’s price has been up 20.5% over the past two weeks, there are worrying signs indicating that TIA could be moving towards a significant decline soon. Recent metrics from IntoTheBlock show a worrying decline in market activity in TIA. Though the amounts of new wallet addresses have increased by 19.3%, suggesting slightly expanded user interest, the amounts of active wallets have decreased by 16.28%. This signals a drop in sustained user engagement. This lack of sustained activity could make it difficult for TIA to maintain its price stabilization or witness a substantial rebound. In particular, decreased activity from whales could create additional downtrend pressure on TIA’s price. Furthermore, currently, the asset is trading in a crucial region that could influence its next movement soon. If it fails to maintain its value around the region of $3.60 and $4.50, it could fall to lower regions at $2.72, $2.50, and eventually at $2.32. A fall below the $3.0 mark could potentially accelerate this drop, as trader sentiment would move further into the bearish zone. #TIA #Celestia 

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