qfx

Ripple’s (XRP) price, a rebellious teenager, refuses to conform to the broader market’s weakness. After establishing a solid foundation at $2.99, the asset is now climbing back toward the major resistance levels, like a mountaineer determined to conquer the summit. However, the next key challenge lies at the $2.42 region, a level that could determine whether this rally is a temporary reaction or the beginning of a broader bullish move. Let’s delve into the current structure and what traders should be watching next, with bated breath.

Fidelity, that stalwart bastion of capitalist fervor, had filed its S-1 registration statement with the agency on June 13, no doubt with the expectation that the wheels of progress would turn with all due haste. Alas, it seems the SEC has other plans. Or, rather, no plans at all, for the time being. 🕰️

On the hourly chart, LINK has confirmed a short-term bullish breakout after forming a series of higher lows. Price accelerated beyond the $13.40 mark and briefly touched $13.70 before consolidating near $13.48. This movement followed a clear rebound from the July 2 low at $12.90, forming a rounded bottom pattern that typically precedes continued upside.

Alas, one might expect the heavens to thunder and the peasants rejoice—yet relevant details have withdrawn into the mists, as skittish as serfs before an audit. The TRUMP faithful, ever loyal, met this news with all the unbridled enthusiasm of guests at a 19th-century estate dinner learning there would be no dessert. 🍮🚫

Messrs. Solana (SOL) spot ETF issuers, be not negligent! The SEC, surely tired of waiting (as one might be for an eligible suitor in a dance-less assembly room), desires that all such S-1s, now to be much improved, be returned post-haste—within a scant three weeks. The urgency is quite nearly alarming, almost as if the market itself dares the SEC to keep pace. Meanwhile, our plucky SOL token carried on, trading at $151, quite unaffected by the commotion swirling around it. 💸