Ripple Spends $2.45 Billion on Acquisitions to Build Financial Infrastructure
- Acquisition Strategy Overview: Ripple has spent approximately $2.45 billion over the past seven months on acquisitions to build a financial infrastructure akin to Amazon's, with XRP and RLUSD stablecoin serving as the settlement layer, aiming to enhance market competitiveness.
- Key Deal Highlights: The most notable transaction was the $1.25 billion acquisition of Hidden Road, which cleared over $3 trillion for more than 300 institutional clients in 2024, with business growing threefold post-acquisition, indicating strong market demand.
- Market Potential Analysis: Ripple also acquired Rail and GTreasury, with Rail expected to process over 10% of a $36 billion global B2B stablecoin payments market, while GTreasury handles $12.5 trillion in annual payment volume, further solidifying its market position.
- Strategic Significance: Claver emphasized that owning infrastructure creates structural advantages by lowering marginal costs and increasing customer stickiness, ultimately leading to a
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Technical Analysis for DOGE
Technical Sentiment Analysis for Dogecoin (DOGE) As of , Dogecoin (DOGE) 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 DOGE 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, DOGE 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 $-.
Dogecoin (DOGE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0434 | 0.0617 | 0.0821 | 0.1 | 0.121 | 0.139 | 0.159 |
| Fibonacci | 0.0617 | 0.0765 | 0.0856 | 0.1 | 0.115 | 0.124 | 0.139 |
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