FOREX NEWS & BLOG

NZDUSD continues its trend higher after breaking above 100 day MA

NZDUSD continues its trend higher after breaking above 100 day MA

March 17, 2025 3:45 pm |

The NZDUSD moved above its 100-day MA on Friday after trending higher. Today – after some consolidation at the start of the day – the trend higher has continued. The pair is up 1.15% which makes it the biggest mover of the major currency pairs (vs the USD).

In addition to running away from the 100-day MA, the price is now also moving above a swing level at 0.5796. Above that the level at 0.5814 is another target, by the 38.2% retracement of the move down from the September 2024 high to the low in February at 0.5844. If the buyers are to take back control from the sellers, getting and staying above that 38.2% is ultimate needed. Absent that, and the move is just a correction after the trend move lower from September to the February low.

Off note technically, is at the lows last week, the price held above the 200-bar MA on the 4-hour chart (see green line on the chart above). The price bottomed twice against that MA before starting its run higher last week. Bullish.

This article was written by Greg Michalowski at www.forexlive.com.

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XAU/USD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

XAU/USD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

March 17, 2025 3:44 pm |

Major Takeaways Main scenario: Consider long positions from corrections above the level of 2830.00 with a target of 3200.00 – 3500.00. A buy signal: the price holds above 2830.00. Stop Loss: below 2800.00, Take Profit: 3200.00 – 3500.00. Alternative scenario: Breakout and consolidation below the level of 2830.00 will allow the pair to continue declining to the levels of 2527.63 – 2278.00. A sell signal: the level of 2830.00 is broken to the downside. Stop Loss: above 2860, Take Profit: 2527.63 – 2278.00. Main Scenario Consider long positions from corrections above the level of 2830.00 with a target of 3200.00… Read full author’s opinion and review in blog of #LiteFinance

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Why Is XRP Surging for 4 Days Straight? Ripple’s Dubai License and New XRP Price Prediction Fuel the Rally

Why Is XRP Surging for 4 Days Straight? Ripple’s Dubai License and New XRP Price Prediction Fuel the Rally

March 17, 2025 3:34 pm |

XRP’s price is much more volatile than Bitcoin’s, as seen in this week’s XRP/USDT chart. The price is rising for the fourth consecutive day, driven by positive news about Ripple’s new licenses and growing expectations for an XRP ETF.
In this article, we explain why XRP is surging above $2.31 and explore top analysts’ latest XRP price predictions for 2025 and beyond.

XRP Price Surges to $2.31:
Why Ripple’s Token Is on a Four-Day Rally

XRP, the
digital asset associated with Ripple, has climbed to $2.31 today (Friday, March
14, 2025), marking its fourth consecutive day of gains as investors react to
positive regulatory developments and bullish market predictions. The
cryptocurrency has gained 3% in the last 24 hours alone, continuing a momentum
that has caught the attention of both retail and institutional investors.

This
four-day rally comes after weeks of bearish correction, suggesting a potential
shift in market sentiment regarding XRP’s prospects. XRP’s price is rebounding
from the psychological support level of $2, which has been preventing sellers
from pushing it lower since November. However, this doesn’t change the fact
that XRP has dropped more than 30% from its January highs of $3.40.

Ripple News: First DFSA
Blockchain Payments License

XRP’s
recent surge is linked to Ripple
news about securing a regulatory license from the Dubai Financial Services
Authority (DFSA). This approval makes Ripple the first blockchain payments
provider authorized to operate in the Dubai International Finance Centre
(DIFC), allowing it to offer regulated crypto payment services across the UAE.

The license
strengthens Ripple’s position in the Middle East, a key market where it serves
around 20% of its global customer base. It
follows Ripple’s October 2024 in-principle approval to launch cross-border
payment services in the region.

“We are
entering an unprecedented period of growth for the crypto industry, driven by
greater regulatory clarity around the world and increasing institutional
adoption,” said Brad Garlinghouse, Ripple’s Chief Executive Officer. “Thanks to
its early leadership in creating a supportive environment for tech and crypto
innovation, the UAE is exceptionally well-placed to benefit.”

The
approval aligns with the UAE’s broader goal of becoming a
global crypto hub, attracting fintech firms with a $400 billion
international trade market.

Regulatory Optimism Fuels
XRP’s Upward Trajectory

The other
important catalyst behind XRP’s current rally appears to be growing optimism
surrounding Ripple’s ongoing legal battle with the U.S. Securities and Exchange
Commission (SEC). Ripple is expected to file a pivotal appellate brief by April
16, 2025, which investors anticipate could mark a major positive shift in XRP’s
regulatory status.

This
optimism follows a significant development last year when a U.S. judge fined
Ripple $125 million in a ruling that CEO Brad Garlinghouse described as a
victory for the company.

Why Is XRP Price Going Up
Today? Table

The recent
four-day rally that has pushed XRP to $2.32 can be attributed to several
significant developments that have bolstered investor confidence and market
sentiment. Here’s a comprehensive breakdown of the primary catalysts:

Technical Factors Behind
XRP’s Rapid Price Movement

The
cryptocurrency’s price elasticity plays a significant role in its ability to
make substantial moves in short timeframes. According to crypto analyst Dom,
XRP experiences sharper price increases primarily due to its relatively thin
order books. This characteristic creates what analysts describe as a
“vacuum effect” when significant buying pressure enters the market.

Unlike
Bitcoin, which requires approximately 985 million USDT to push prices up by
25%, XRP only needs about 59.73 million USDT to achieve the same percentage
increase. This makes it approximately 16.5 times easier to trigger substantial
jumps in XRP’s price compared to Bitcoin. When combined with growing investor
confidence, this technical reality amplifies price movements in either
direction.

Furthermore,
many XRP holders maintain long-term perspectives after enduring years of
volatility. These investors are unlikely to sell after moderate gains,
especially since the asset remains below its all-time high of $3.84. This
constrained supply contributes to reduced selling pressure even during
significant price increases.

You may also like: New Price Forecasts Show If XRP Can Reach $100

XRP Price Prediction 2025 and Beyond

Industry
experts have provided varied forecasts for XRP’s performance in 2025, with
predictions ranging from moderate growth to exponential gains. These
projections are based on different factors including regulatory developments,
institutional adoption, and technical analysis.

Brad
Garlinghouse, CEO of Ripple, forecasts XRP reaching $10 by 2025, citing
regulatory clarity and Ripple’s growing utility in cross-border payments as
primary drivers for this valuation.

Shannon
Thorp, former Operational Specialist at Citi, presents an extremely bullish
outlook with predictions ranging from $100 to $500, based on anticipated
banking adoption surge. While this represents a speculative long-term view, it
highlights the potential some experts see in XRP’s future.

Crypto
analyst Egrag Crypto, who has over 70,000 followers on X (formerly Twitter),
predicts XRP could exceed $5 by the end of 2025, pointing to bullish reversal
patterns and increasing institutional momentum as key factors.

Thomas
Kralow, a hedge fund manager and crypto YouTuber, offers a medium-term target
of $8–$10 for XRP by 2025, basing his analysis on market trends and XRP’s
practical utility in real-world applications.

Read this: DeepSeek AI Predicts XRP to Reach $5 and Bitcoin to Hit $500K in 2025

Technical
analyst Crypto Patel forecasts a $10 price target, drawing parallels to XRP’s
2017 performance when it experienced a 40,000% price increase. While his full
prediction extends to 2026, 2025 could see significant buildup toward this
target.

Cathie
Wood, CEO of ARK Invest, while not specifying a 2025 price target, has
suggested XRP could reach $1 million by 2030, implying substantial growth
during the 2025 period as part of this trajectory.

Himanshu
Maradiya, Founder of CIFDAQ, projects a range of $5–$15 for XRP by 2025, with
his bull case tied to widespread On-Demand Liquidity (ODL) adoption and
expansion of global partnerships.

Crypto
Analyst XRP Captain has made one of the most bullish predictions, suggesting
XRP could reach $250 by 2026, with 2025 likely representing a critical stepping
stone toward this ambitious target.

XRP Price Prediction
Comparison Table

How high
can XRP price go? Forecasts table

XRP Price News, FAQ

How Much Is XRP?

As of March
14, 2025, XRP is trading at approximately $2.31. The price is going up by 3%,
rebounding visibly from this week’s lows below $2.00.

Why Is XRP Going Up?

Due to Ripple’s
newest announcement of the DFSA payments license. Moreover, positive outcomes in
legal disputes, such as Ripple’s ongoing case with the SEC, have bolstered
investor confidence. President Donald Trump’s announcement to include XRP in
the U.S. strategic crypto reserve has also significantly boosted its value

How High Can XRP Go?

The experts
anticipate XRP reaching between $5 to $7 in the first half of 2025, driven by
post-election momentum and Ripple’s progress. More optimistic scenarios suggest
that XRP could achieve higher valuations, potentially reaching $100 or more in
the long term, depending on widespread adoption and favorable regulatory
conditions.

What Is XRP?

XRP is a
digital asset developed by Ripple Labs, designed to facilitate fast and
cost-effective cross-border payments. Operating on the XRP Ledger, an
open-source blockchain, XRP aims to streamline transactions between financial
institutions by offering liquidity and reducing settlement times. Unlike
Bitcoin, which relies on mining, XRP uses a consensus protocol, making
transactions more efficient and environmentally friendly.

How to Buy XRP?

Buying XRP
is straightforward and can be done on major cryptocurrency exchanges such as Binance,
Coinbase, Kraken, and KuCoin. To purchase XRP, follow these steps:

  1. Choose a Crypto Exchange: Select a platform that supports XRP trading.
  2. Create an Account: Sign up, complete KYC verification, and secure your account.
  3. Deposit Funds: Add fiat currency (USD, EUR, etc.) or another cryptocurrency like Bitcoin or USDT.
  4. Buy XRP: Place a market or limit order to purchase XRP at your preferred price.
  5. Store Securely: Transfer XRP to a secure wallet (hardware or software) for added security.

Is XRP a Good Investment?

Yes. As one
of the leading cryptocurrencies for payments, XRP is favored by financial
institutions due to its fast settlement times and low transaction costs.
However, XRP has faced legal challenges, particularly the SEC lawsuit against
Ripple, which impacted its price volatility. While some investors see XRP as a
strong long-term play due to its real-world utility, others remain cautious due
to ongoing regulatory scrutiny.

This article was written by Damian Chmiel at www.financemagnates.com.

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USD/CHF: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

USD/CHF: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

March 17, 2025 3:14 pm |

Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9200 with a target of 0.8542 – 0.8386. A sell signal: the level of 0.9200 is broken to the downside. Stop Loss: above 0.9255, Take Profit: 0.8542 – 0.8386. Alternative scenario: Breakout and consolidation above the level of 0.9200 will allow the pair to continue rising to the levels of 0.9340 – 0.9530. A buy signal: the level of 0.9200 is broken to the upside. Stop Loss: below 0.9145, Take Profit: 0.9340 – 0.9530. Main Scenario Consider short positions below the level of 0.9200 with… Read full author’s opinion and review in blog of #LiteFinance

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USDCAD technicals: Bearish bias Intact as Key MA levels are broken

USDCAD technicals: Bearish bias Intact as Key MA levels are broken

March 17, 2025 3:08 pm |

The bearish bias in USDCAD remains intact as key technical levels continue to be broken. The price has fallen below the 100-hour moving average (1.44025), the 200-hour moving average (1.4384), and a key swing area around 1.4366. Additionally, the pair has slipped below the 50% retracement level at 1.4345, reinforcing downside pressure.

The next support levels to watch include the 61.8% retracement level at 1.4299, which could serve as a key downside target. Below that, earlier this month, the price attempted to break below a swing area (see green numbered circles) lower on March 6 (between 1.4268 to 1.42789) but stalled, failed, based and rebounded strongly on March 7, coinciding with employment data in the US and Canada.

However, the failure to sustain bullish momentum toward the March high at last week’s highs (on Tuesday) has led to a shift back toward a bearish trend.

For sellers to maintain control, the pair must stay below the broken 200/100 hour MA level at 1.4383 adn 1.4402 respectively. That is the key area to start the week on the topside. A break back above these levels would shift the short-term outlook to neutral/bullish, while continued selling pressure could drive USDCAD toward lower retracement zones and swing level targets.

This article was written by Greg Michalowski at www.forexlive.com.

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GBP/USD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

GBP/USD: Elliott Wave Analysis and Forecast for 14.03.25 – 21.03.25

March 17, 2025 2:59 pm |

Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.2547 with a target of 1.3500 – 1.4000. A buy signal: the price holds above 1.2547. Stop Loss: below 1.2480, Take Profit: 1.3500 – 1.4000. Alternative scenario: Breakout and consolidation below the level of 1.2547 will allow the pair to continue declining to the levels of 1.2100 – 1.1900. A sell signal: the level of 1.2547 is broken to the downside. Stop Loss: above 1.2610, Take Profit: 1.2100 – 1.1900. Main Scenario Consider long positions from corrections above the level of 1.2547 with a target of 1.3500… Read full author’s opinion and review in blog of #LiteFinance

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USDCHF struggles to regain upide momentum after rejection at key resistance last week

USDCHF struggles to regain upide momentum after rejection at key resistance last week

March 17, 2025 2:42 pm |

The USDCHF remains in a bearish technical posture on the hourly chart after sellers defended the 38.2% Fibonacci retracement level at 0.88637 last week. This level marks the correction of the move down from the late February high to the March low. The inability of buyers to push above this resistance level has kept downside momentum intact.

Currently, the pair is testing a critical support cluster formed by the 100-hour moving average (0.8830), the 200-hour moving average (0.8830), and the 200-day moving average (0.88147). A confirmed break below this zone would reinforce the bearish bias and open the door for further declines toward 0.8800-0.8785. If sellers manage to sustain the downside pressure below the 200-day MA, it could accelerate losses, signaling a continuation of the broader downtrend.

On the other hand, if buyers stall the fall the 200 day MA and move back above the 100/200 hour MA, the buyers remain in play and can push the price back above 0.88637, it would indicate a shift in momentum, potentially leading to a move toward the 50.0% retracement level at 0.8896.

However, as long as the price remains below the 38.2% retracement, rallies are likely to face selling interest, keeping the bearish structure intact.

This article was written by Greg Michalowski at www.forexlive.com.

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Kraken Launches Colocation Service with Beeks: Gains EMI License from FCA

Kraken Launches Colocation Service with Beeks: Gains EMI License from FCA

March 17, 2025 2:38 pm |

Kraken, a cryptocurrency exchange, has announced the launch
of its new colocation service. This service is designed for clients and
partners who require ultra-fast execution. It aims to improve trading
performance and scalability, while providing fair and transparent access to
Kraken’s global crypto markets.

In addition, Kraken has received approval from the UK’s
Financial Conduct Authority (FCA) for an Electronic Money Institution (EMI)
license. This allows Kraken to issue electronic money and offer quicker deposit
and withdrawal options for UK clients.

Kraken Partners Beeks for Low-Latency Services

“Kraken has spent over a decade continuously enhancing
our infrastructure and technology, and this is the next step in that evolution,”
said Shannon Kurtas, Head of Exchange at Kraken.

Later this year, Kraken will offer ultra-low latency trading
from its European data center. Clients will be able to rent cloud computing
services from Beeks, a provider of low-latency solutions. Those with specific
technical needs will also have the option to install physical hardware at
Kraken’s data center to access colocation services directly.

“By working with Beeks, we’re facilitating even lower
latency, more efficient price discovery and deeper liquidity for all of
Kraken’s spot and derivative markets,” Kurtas added.

Launching Colocation Services Later

Kraken offers clients to trade over 300 digital assets and
six national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. The colocation services will provide low-latency benefits to
clients using Beeks Exchange Cloud. For example, traders in London can expect
sub-millisecond latency. These services are expected to be available later in
the year.

SEC Dismisses Lawsuit Against Kraken

Meanwhile, Kraken announced that the US Securities and
Exchange Commission (SEC) has agreed in principle to
dismiss a civil lawsuit accusing it of operating as an unregistered securities
exchange. The dismissal is with prejudice, meaning it cannot be refiled,
and comes without penalties or an admission of wrongdoing.

Kraken emphasized that the change follows a shift in the US
cryptocurrency regulatory environment. The company has reintroduced on-chain
staking services for US customers and described the dismissal as a “turning point” for the sector, as reported by Finance Magnates.

This article was written by Tareq Sikder at www.financemagnates.com.

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Bitcoin Price Forecast & Predictions for 2025, 2026, 2027-2030, and Beyond

Bitcoin Price Forecast & Predictions for 2025, 2026, 2027-2030, and Beyond

March 17, 2025 2:29 pm |

Bitcoin is the world’s first and most popular cryptocurrency. With a market capitalization of $1.73 trillion, Bitcoin dominates the entire cryptocurrency market. Its decentralized nature and limited supply of 21 million coins make it unique, ensuring long-term demand among traders and investors. This article analyzes the current fundamental factors that have influenced Bitcoin’s growth, the history of its creation, and reviews expert forecasts and in-depth technical analysis. Major Takeaways The current BTC price is $83 594.33 as of 17.03.2025. The BTC price reached its all-time high of $109464.94 on 2025-01-20. The cryptocurrency hit its all-time low of $4.2 on 2012-02-18. By… Read full author’s opinion and review in blog of #LiteFinance

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