Solana (SOL) Holds Ground in Tight Range — Traders Watch for Directional Cue
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. Read More Ethereum Developers Resolve Beacon Chain Finality Issues
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.
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14 hours ago
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Bitcoin's Record Rally Prompts Advisors to Take a Second Look
Even the biggest crypto-skeptic financial advisors are starting to admit: They're paying attention. After the price of bitcoin hit record highs, on the heels of a 42% gain over the past two months, financial advisors are starting to consider whether the notoriously volatile asset class has a rightful place inside client portfolios. 'I've noticed an increase in client inquiries regarding bitcoin, and I go back to the fundamentals with this emerging asset,' said Nate Baim, founding member of Pursuit Planning and Investments. Like a lot of advisors these days, Baim is focused on bitcoin's price volatility and managing client expectations for an asset that has gained nearly 17% this year, while suffering a peak-to-trough decline of more than 40% and riding a 12-month gain of more than 60%. 'Bitcoin has historically shown extreme price swings, and I expect that volatility to persist,' he said. 'For those clients who wish to gain exposure, I generally suggest a conservative allocation for those who understand bitcoin's risks.' READ ALSO: Want a Crypto 401(k)? The DOL Isn't Standing in the Way Anymore and Why Thrivent Wants to Hire Nearly 600 Advisors this Year As the most popular of the cryptocurrencies, bitcoin investing has gained fast appeal since the January 2024 debut of spot bitcoin ETFs. Prior to that, crypto exposure through exchange-traded funds was limited to futures contracts, which limited the ability to perfectly track the price of the underlying digital currency. The Securities and Exchange Commission has since approved spot Ethereum ETFs and there are already funds folding in options strategies to leverage and hedge the volatility of crypto investing. Todd Rosenbluth, head of research at TMX VettaFi, attributes at least part of the growing appeal of the asset class to the Trump administration, 'which is seen as more favorable to crypto investing.' According to VettaFi data, the largest spot bitcoin ETF, the $70 billion iShares Bitcoin Trust (IBIT), has had more than $8 billion worth of net inflows this year, and nearly $6 billion came in during the month of May. Rosenbluth believes the bitcoin price pullback earlier this year was due to uncertainty around President Trump's global tariff negotiations, which rippled across most financial assets. The S&P 500 Index, for example, suffered a 19% peak-to-trough drop from February to April, but has since rebounded to slightly positive territory for the year. Rosenbluth believes the crypto appeal is also being fueled by what he describes as the 'second wave' of crypto ETFs aimed at various investor categories. The Calamos Bitcoin Structured Alternative Protection ETF (CBOJ) is an actively managed strategy that uses options to keep =price volatility within a certain range during the 12-month term of the ETF. And on the other end of the spectrum is the NEOS Bitcoin High Income ETF (BTCI), which is a fund of funds designed to generate income through exposure to bitcoin, bitcoin futures contracts and call options. 'We've seen ETFs using options to leverage or protect downside building momentum for the past five years on the equity side,' said Rosenbluth. 'What's novel is, over the last six to 12 months, we've been seeing these strategies applied to crypto investing.' Based on advisor feedback, the ETF issuers are striking the right cord and at the right time. 'Several of my clients now hold bitcoin ETFs, however, not all of my clients are comfortable with the exposure,' said Ryan Bond, wealth manager at Savvy Advisors. 'We always preach diversity, so we're making sure we add in the exposure in a way that does not over-expose investors to the risks associated with crypto volatility,' he added. 'Overall, I am also a bit wary of crypto exposure, as the volatility and uncertainty of future returns is a big concern.' Fixed Supply. Francisco Rodriguez, investment analyst at Brinker Capital Investments, sees a host of drivers behind the growing appeal of crypto investing. 'We may now be entering the second phase in the evolution of bitcoin ETFs and bitcoin as a legitimate investable asset,' he said. While Rodriguez credits the Trump administration with drawing more attention to crypto, he believes the recent rally is driven by 'asset allocators and investors re-optimizing portfolios to include more uncorrelated assets.' 'Bitcoin has often been referred to as digital gold due to its fixed, hard-coded supply of 21 million units and its decentralized, open blockchain system, both of which theoretically should insulate it from traditional monetary debasement,' he added. 'As a result, bitcoin is increasingly viewed as a unique diversifier or hedge against currency devaluation, sovereign credit risk, and geopolitical instability.' Where's My Wallet? Jon Henderson, founder and chief investment officer at Echo45 Advisors, credits ETF issuers with bringing crypto investing to masses, but adds that for direct ownership of digital assets, 'ETFs may fall short.' For his clients, Henderson is investing in crypto through separately managed accounts, with the direct assets held at cryptocurrency custodians like Gemini Trust Co. and Anchorage Digital. 'These custodians function much like Schwab or Fidelity for traditional assets, allowing our clients to hold crypto securely in their own names without the risks associated with self-custody,' Henderson said. Once the Weather Warms. Across the financial advice industry, which not long ago stood out for its skepticismof crypto investing, advisors are no longer able to ignore the asset class.'Yes, clients are asking about digital assets, especially as bitcoin makes headlines and pushes toward all-time highs,' said Mark Stancato, founder of VIP Wealth Advisors. 'However, just as with any asset that dominates the conversation, our role is to bring perspective and help clients make thoughtful, informed decisions,' he added. In terms of where crypto fits inside a diversified portfolio, and how much makes sense, Stancato is limiting exposure. 'For the majority of clients, a small allocation, typically in the range of 1% to 3%, is suitable, but always with a clear understanding of the asset class's volatility, behavioral risk and speculative nature,' he said. 'Digital assets can be part of the conversation, but they are never the foundation of a long-term plan.' Even as Stancato warms to the idea of folding crypto into client portfolios, he is eager to point out realities of how the asset class has performed as it becomes more mainstream. 'What is becoming clear, and supported by data, is that bitcoin is not behaving like the inflation hedge or portfolio diversifier many once claimed it would be,' he said. 'Correlations with equities have increased, particularly during times of market stress, making it appear more like a risk-on asset than a proper hedge.' This post first appeared on The Daily Upside. To receive financial advisor news, market insights, and practice management essentials, subscribe to our free Advisor Upside newsletter. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17 hours ago
- Yahoo
XRP (Ripple) Is Down 34%. Should You Buy the Dip?
XRP gained 255% from November 2024 to January 2025, outpacing Bitcoin, Ethereum, and Dogecoin during the post-election crypto rally. Economic uncertainty and concerns about international payment volumes create headwinds for XRP's cross-border payment focus. A dollar-cost averaging approach, such as buying in thirds, could help you build long-term exposure while mitigating XRP's short-term volatility. 10 stocks we like better than XRP › The XRP (CRYPTO: XRP) cryptocurrency reached a multiyear record price of $3.31 per coin in January 2025. By May 30, the coin had retreated 34% to $2.18 per coin. So XRP investors face a dilemma: Is the cryptocurrency a no-brainer buy at these lower prices, or will the price drop continue? Here's how I see it. Two events boosted XRP's market price from November 2024 to January 2025. Together, they supported a third event with game-changing potential. The Trump campaign in the 2024 presidential election included heavy support for cryptocurrencies. As a result, many cryptos soared after the election, as the incoming administration had promised to update crypto regulations, promote crypto mining on American soil, and more. Leading names like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) posted double-digit price gains in November, and Dogecoin (CRYPTO: DOGE) more than doubled. But none of them could keep up with XRP, as the coin formerly known as Ripple gained 255%. Trump's camp also wanted to set up a strategic cryptocurrency reserve, similar to the economy-calming reserve of physical gold in Fort Knox. Chatter about this future market-booster kept rising as the inauguration drew near. Crypto investors expected a "Trump bump" from the resulting influx of government-scale cryptocurrency orders, perhaps as early as the January 20 inauguration date itself. XRP was seen as a likely addition to the obvious Bitcoin, Ethereum, and Dogecoin holdings of this hypothetical crypto reserve, so the good times kept going for XRP investors. A more crypto-friendly administration and the anticipated inclusion of XRP in federal crypto investments led to one inescapable conclusion. The Securities and Exchange Commission (SEC) lawsuit that has been hanging over XRP's head for four years would have to go away. This is arguably the biggest price-booster of them all, opening up the domestic business market for XRP and the Ripple Labs organization in a whole new way. XRP's price peaked a couple of days before the inauguration. Ethereum and Dogecoin have also seen price drops of 27% or more since January 18. Bitcoin fell 25% but gained some momentum more recently, reaching new all-time highs last week. None of these leading cryptocurrencies have experienced a Trump bump despite Republican majorities in the Senate and the House of Representatives. Even the Supreme Court leans Republican these days. Despite this overwhelming power base, Trump's team hasn't done much to support cryptocurrencies so far. The Strategic Bitcoin Reserve was announced in March, alongside a smaller Digital Asset Stockpile of cryptocurrencies not named Bitcoin. But this wasn't the huge crypto-buying spree many investors had expected. Instead, the two crypto portfolios will largely just manage existing federal cryptocurrency holdings. More coins and tokens will largely come in as government agencies collect them from criminal courtroom proceedings. That's not what the XRP camp had expected. The dream of a federal splurge on XRP coins was dead. Meanwhile, economic uncertainty weighed on all sorts of investment markets this spring. People worry about tariffs, trade conflicts, perhaps a return to sky-high inflation rates, and more. That adds up to an unfavorable environment for risky investment ideas, including most of the crypto market. XRP's focus on international money transfer services is particularly unhelpful, as border-crossing payment volumes could drop dramatically over the next few years. Despite a volatile economy and unpredictable government support, XRP still has several promising qualities. The SEC lawsuit has almost been settled, and the Digital Asset Stockpile exists. Several financial firms have filed the paperwork to open XRP-based exchange-traded funds. Ripple Labs launched a Ripple USD (CRYPTO: RLUSD) stablecoin to simplify the global management of payment-processing funds. And the RippleNet payment service, where XRP plays many parts in the cash transfer process, sees nearly a million payment transactions per day. That's up from about 150,000 daily transactions two years ago. Taken together, these traits make XRP one of the top 5 cryptocurrencies I'd buy in a downturn. Some might say that the current 34% price dip isn't big enough and that you should wait for a deeper discount. That's perfectly fine, of course. Then again, I have no idea where XRP's prices might go in the short term. The upcoming summer is a black box of continued uncertainty. Holding off could be exactly the right idea, but the coin could also skyrocket again on short notice. If you agree with my generally positive view of XRP's long-term prospects, you may want to start a small position today and add to it over time. Buying in thirds is one disciplined option. That way, you'll at least have some exposure to this exciting cryptocurrency, with the no-pressure option to add more if the price dips even lower. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Anders Bylund has positions in Bitcoin, Ethereum, and XRP. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy. XRP (Ripple) Is Down 34%. Should You Buy the Dip? was originally published by The Motley Fool
Yahoo
21 hours ago
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ETH Price Dips Below $2,500 on Whale Exit Fears, Then Bounces Back Above Key Level
Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized exchanges — most notably 385,000 ETH to Binance —a dding to speculation that institutional players may be trimming positions. Although ETH has since recovered modestly to trade around $2,506, market observers are closely watching whether buyers can defend this level or if another leg lower is imminent. Technical Analysis Highlights ETH traded within a volatile $48.61 range (1.95%) between $2,551.09 and $2,499.09. Price action formed a bullish ascending channel before breaking down in the final hour. Heavy selling emerged near $2,550, with profit-taking accelerating into a sharp reversal. ETH dropped from $2,521.35 to $2,499.09 between 01:53 and 01:54, with combined volume exceeding 48,000 ETH across two minutes. Volume normalized shortly after, and price recovered slightly, consolidating around the $2,504–$2,508 band. The $2,500 level is now acting as interim support, though momentum remains fragile with signs of distribution still evident in recent volume patterns. External References "Ethereum Price Analysis: Is ETH Dumping to $2K Next as Momentum Fades?", CryptoPotato, published May 31, 2025. "Ethereum Bulls Defend Support – Key Indicator Hints At Short-Term Rally", NewsBTC, published May 31, 2025.
