BlackRock will not launch a Spot ETF for XRP and SOL for the time being, Technical Analysis reveals the potential and risks of the future market.

Black (BlackRock) Rock, a global asset management leader, said on August 9 that it is not currently planning to declare XRP or SOL spot ETFs, triggering market speculation. (Summary: BlackRock clarifies that there are currently no plans to launch XRP, SOL spot ETFs) (Background supplement: Harvard University portfolio contains 117 million magnesium BlackRock Bitcoin ETF) (This article is widely compiled, written and provided by XYZVerse, does not represent the position of the moving area, this article involves Memecoins-related tokens, which may have a high volatility risk and is not investment advice.) For details, please refer to the liability warning at the end of the article. In BlackRock's latest ETF decision, it did not choose to support XRP or Solana, which attracted market attention. Traders are watching closely to see if this change is a wise strategy or a sign of market tension. These two cryptocurrencies have come into focus, and investors are eager to spot the next big trend. In addition to XRP and SOL, a new meme coin project has also attracted the attention of investors. The project aims to list its XYZ token at 1000 times its initial pre-sale price. $XYZ Presale Raises Over $15 Million $XYZ Presale Reaches $15 Million Milestone XYZVerse ($XYZ) Recently named the Best Emerging Meme Project, it has attracted attention for its unique concept. It's a meme coin that combines sports fan enthusiasm with Web3 innovation. Officially, unlike typical meme coins, XYZVerse offers practical uses and a clear long-term development roadmap. It plans to launch gamification products and build partnerships with large sports teams and platforms. It is worth noting that XYZVerse recently achieved a goal ahead of schedule, reaching a goal with the on-chain decentralized sports betting platform bookmaker. XYZ's strategic cooperation. As a bonus, $XYZ token holders receive exclusive offers on their first bet. During the pre-sale phase, the $XYZ token showed steady growth. Since launch, the price has increased from $0.0001 to $0.0053 USD. The official team says the final pre-sale price is $0.02 and plans to list on major centralized and decentralized exchanges. Officially, the expected listing price is $0.10, which means that early investors are likely to earn returns of up to 1,000x, provided the project gains the necessary market capitalization. As of now, the official website of the pre-sale shows that $XYZ has raised more than $15 million and is moving towards another important milestone of $20 million. This rapid progress reflects positive demand from the market. Champions are rewarded with XYZVerse led by the community. Active contributors will be rewarded with airdropped XYZ tokens. It's a game where the most passionate players win big. Road to Victory With solid tokenomics, strategic CEX and DEX listings, and ongoing token burns, $XYZ is built for the road to champions. Each step is designed to further its development and price, and to build community confidence. XYZVerse Ripple (XRP) Source: TradingView XRP has risen for six consecutive months. It is up another 10.36% this week and the price is currently between 2.93 and 3.41. The monthly increase reached 19.26%, and the six-month cumulative increase was 35.10%. Momentum continues to grow, with bulls actively defensive on every small pullback. The coin is currently trading above the 10-day moving averages (3.24) and the 100-day moving averages (3.23). At 57.48, the RSI index belongs to a stationary range, while the Stochastic indicator is close to 87, indicating that the market is heating up. MACD remains in a positive range. The nearest pressure is 3.64 and the stronger pressure is 4.12. Support levels are 2.68 and 2.20, respectively. If the bulls can break above 3.64, the target price of 4.12 will be opened, rising from the middle range to 4.12, an increase of about 25% to 30%. If it holds above 3.00, the outlook still holds. A break below 2.93 could trigger bears to push towards 2.68 (down about 15%) or even 2.20 (down about 30%). As long as the price stays above 2.68, the trend pattern still exists. Solana (SOL) Source: TradingView SOL This week has been rocky between $167 and $192. It's up 13% over the past 7 days, bringing the monthly gain to nearly 13%. Even so, though, the coin is still 7% below where it was six months ago, suggesting that the long-term trend remains sideways. Buyers enter the market near the support level near $152, while sellers appear below near $202. If the price breaks above $202, it is expected to challenge $227, about 18% away from today's range high. Conversely, if it falls below $152, it may slide to $127, which is about 23% below the current price. The momentum indicator is close to the neutral zone, suggesting that it may now be a consolidation rather than an accelerated upward offensive. The 10-day MA ($184) is slightly above the 100-day MA ($178), indicating that the short-term trend is ahead of the long-term trend, and this tendency favors a price slowdown towards $202 in the short term. However, longer-cycle movements remain mixed, meaning traders are likely to continue to sell higher on the rally until the price clearly closes above $202. Conclusion XRP and SOL are both strong choices, while XYZVerse (XYZ) features a sports theme, ambitious growth goals, and an active community, which is seen by some investors as one of the potential meme coins. You can find more information about XYZVerse ($XYZ) at the following link: XYZVerse Official Website Twitter Account (Editorial Disclaimer: The content of this article is a publicity manuscript provided by the contributor, the contributor has no relationship with the moving area, and this article does not represent the position of the moving area. This article is not intended to provide any investment, asset advice or legal advice and should not be construed as an offer to buy, sell or hold assets. Any services, programs or tools, etc. mentioned in the content of the publicity manuscript are for reference only, and the final actual content or rules are subject to the announcement or explanation of the contributor, and the moving area is not responsible for any possible risks or losses, and readers are reminded to check carefully before making any decisions or behaviors. Related reports ETH breaks through $3600! BlackRock submits pledge application with Ethereum ETF, LDO jumps 20% BlackRock Bitcoin ETF "IBIT" outperforms all its funds, and the S&P 500 ETF, which is ten times larger, also earns XRP overtaking USDT to become the third largest cryptocurrency by market capitalization! But 95% of the liquidity is in the profit zone, $3 into the long and short life and death line Solana only has a surface prosperity? When the token rise only relies on behind-the-scenes manipulation, the on-chain cycle may have come to an end (BlackRock does not launch XRP and SOL spot ETFs, technical analysis reveals the potential and risks of the future market) This article was first published in BlockTempo "Dynamic Trend - The Most Influential Blockchain News Media".