Conor McGregor Interested in XRP? Deleted Tweet Questioned Role in Strategic Crypto Reserve
Conor McGregor's Tweet on Crypto: Conor McGregor sparked discussions in the crypto community with a now-deleted tweet questioning why Bitcoin and Ethereum are considered the only decentralized cryptocurrencies, particularly highlighting XRP's inclusion in the U.S. government's strategic crypto reserve.
XRP's Growing Recognition: The conversation around XRP has intensified following McGregor's remarks, with industry experts arguing for its decentralization and practical use case, suggesting that public figures are increasingly engaging with blockchain technology and reshaping narratives about cryptocurrency legitimacy.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ETH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 736.836 | 1242.318 | 1703.676 | 2209.158 | 2670.516 | 3175.998 | 3637.356 |
| Fibonacci | 1242.318 | 1611.651 | 1839.825 | 2209.158 | 2578.491 | 2806.665 | 3175.998 |
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