📢 Ripple targets Turkey’s $200 billion crypto market Ripple announced its strategic interest in Turkey’s $200 billion crypto market. The company links its plans to pressure on the Turkish lira and growing demand for dollar-denominated stablecoins among local consumers and businesses. According to Ripple, Turkish banks are gaining access to crypto asset custody services amid changes in local regulations. Institutional players are following retail users, who actively use crypto as a hedge against the lira’s depreciation. Ripple views Turkey as a key market for promoting dollar-denominated stablecoins and crypto solutions for banks. $XRP ‌

MARKET UNDER PRESSURE AGAIN ... ANOTHER REJECTION The market is struggling once again after another rejection. #BTC , $ETH , #BNB , $SOL , $XRP , #SUI and #DOGE are all trading in red, showing that buyers still don’t have full control. Hot coins are losing momentum and selling pressure is back. Until BTC breaks its resistance cleanly, I expect more ups and downs across altcoins. RLC is the only major outlier here with a huge pump, but after such an extended move, risk is also very high.

$XRP -1.7%, rejected hard from Supertrend, RSI falling fast. $XRP USDT SHORT (Scalp) Entry: 1.497-1.501 | SL: 1.512 | TP1: 1.485 | TP2: 1.478 | TP3: 1.465 Res: Supertrend 1.5103, EMA(53) 1.5053 | RSI(6) 28.7 Reclaim of 1.510 kills short. DYOR. #XRPUSDT