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Expectations Of Military Escalation Hedge Against The Benefits Of Withdrawal; Trump's Speech Triggers Tremendous Market Shock
The A-share Oil And Gas Exploration Sector Continued To Rise, With Blue Flame Holdings And Beken Energy Both Hitting The Daily Limit, While Zhongman Petroleum, Guanghui Energy, Intercontinental Oil & Gas, And CNOOC Followed Suit
[Spot Gold Plunges Over $100 Intraday] April 2nd - Trump Stated That The US Will Continue To Pressure Iran. As A Result, The Price Of Spot Gold Continues To Fall, Plummeting Over $100 Intraday To $4656.50 Per Ounce, A 2.11% Decrease
Australian Prime Minister Albanese: The Situation In Iran Remains Unclear, And It Is Still Unknown What Goals Have Not Yet Been Achieved
The Main Contract For The Container Shipping Index (European Route) Has Reversed Its Decline And Is Currently Trading At 2204 Points, Up 0.41%, After Previously Falling By More Than 6%
International Oil Prices Surged, Driving A Broad Rally In Hong Kong-listed Oilfield Services Stocks: Baqin Oil Services Jumped More Than 11%, Shandong Molong Rose Over 8%, And Sinopec Services, Huayou Energy, And DaliPu Holdings All Gained More Than 2%
Javier Blas, Bloomberg's Energy And Commodities Columnist: President Trump Declared Victory Over Iran But Then Called For Another Two To Three Weeks Of War. He Did Not Outline A Path To Reopening The Strait Of Hormuz. He Said, "The Countries In The World That Get Their Oil Through The Strait Of Hormuz Must Take Responsibility For Keeping The Channel Open."
US President Trump: (In His Speech Just Now) Regime Change In Iran Is Not Our Goal, But The New Regime Will Be More Rational And Less Radical
Spot Silver Fell 3% On The Day, Currently Trading At $72.78 Per Ounce. New York Silver Futures Fell Below $73 Per Ounce, Down 4.13% On The Day
The ChiNext Index Fell More Than 1% In Early Trading, The Shenzhen Component Index Fell 0.72%, And The Shanghai Composite Index Fell 0.4%
Thepchai Yong, Executive Advisor Of The Public Broadcasting Service Of Thailand: Trump's Latest Statement Is Nothing New. He Spent 19 Minutes Bragging About The Success Of The Strike Against Iran, But Did Not Mention At All When The War Would End
The Main Lithium Carbonate Contract Fell 2.00% During The Day, Currently Trading At 155,900 Yuan/ton
[Spot Gold And Silver Continue To Decline, Gold Falls Below $4700 Support] April 2, According To Bitget Market Data, Spot Gold Broke Below $4700/oz, With A Intraday Loss Of 1.22%. Spot Silver Dropped To $73/oz, Down 2.73% Intraday
US President Trump: (In His Speech Just Now) Those Countries That Obtain Oil Through The Strait Of Hormuz Must Protect It Well; They Must Hold On To It And Cherish It
China's SSE Opened Down 7.75 Points, Or 0.2%, At 3940.8 Points On Thursday, April 2nd; The Shenzhen Component Index Opened Down 48.27 Points, Or 0.35%, At 13658.25 Points; The CSI 300 Index Opened Down 11.63 Points, Or 0.26%, At 4514.44 Points; The ChiNext Index Opened Down 17.92 Points, Or 0.55%, At 3229.6 Points; And The STAR Market 50 Index Opened Down 3.57 Points, Or 0.27%, At 1294.63 Points On Thursday, April 2nd
[Trump Ends Iran Speech, Gold Dips 0.79% Intraday, WTI Crude Up Over 4.1%] April 2nd, US President Trump Has Concluded His Speech On Iran, With Spot Gold Falling By 0.79% Intraday To $4702; WTI Crude Oil Is Up Over 4.1%, Currently At $103.44

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Ripple’s price has been consolidating over the past few weeks following a strong uptrend against both USDT and BTC.
Given its current position, the market still appears poised for at least one more rally before a potential reversal takes shape.Technical Analysis
By ShayanThe USDT Pair
On the USDT chart, Ripple’s token has been consolidating within a symmetrical triangle, positioned just beneath the upper boundary of the broader ascending channel that has guided the price action in recent months. Since symmetrical triangles can resolve in either direction, the next decisive breakout will determine the market’s trajectory.
Currently, XRP is trading above both the 100-day and 200-day moving averages, which have recently shown a bullish crossover. This setup favors a breakout to the upside, potentially carrying the price beyond both the triangle and the larger channel. However, if XRP falls back below these moving averages, the outlook would turn bearish, opening the door for a decline toward the $2.10 support zone.
On the XRP/BTC chart, the price has also been consolidating, mirroring the USDT pair’s behavior after breaking out of a descending channel and moving above both the 100-day and 200-day moving averages. The key difference here is that these moving averages have not yet formed a bullish crossover, suggesting the market may not be ready for a decisive breakout just yet.
Still, with the asset holding above both moving averages and the critical 2,400 SAT support area, the outlook remains constructive. If momentum builds, a rally toward the 3,000 SAT level seems likely, with even a potential retest of the 3,400 SAT resistance zone on the table.
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