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🇺🇸 Astrive official price now deserves $61 million in Bitcoin
The asset management company Astrive added another $61 million of Bitcoin to its treasury.
Current reserves for Astrive now exceed 13,700 $BTC , making it one of the largest corporate Bitcoin holders worldwide. - Technical outlook on altcoins: Ethereum and XRP pause temporarily in rebound:
Ethereum is trading at $2310, as bullish traders push the price above the descending resistance line, which has now turned into support, near $2304. The smart contract token remains stable above the 50-day exponential moving average around $2241, slightly leaning bullish in the short term despite the broader corrective background. Momentum is mixed, with the Relative Strength Index (RSI) just above the midpoint at 50 on the daily chart, while the MACD remains in the negative zone, indicating that upward attempts are constructive but not yet momentum-driving.
Daily chart of ETH/USDT pair
In the bullish scenario, the first resistance level is at the 100-day exponential moving average around $2352, and a sustained break above it would open the way toward the 200-day EMA near $2627. In the bearish scenario, immediate support is observed around the broken trendline area just below the market at $2304, followed by the 50-day EMA at $2241. If a larger pullback occurs, the ultra-trend support zone near $2095 will be revealed.
As for XRP, its price fluctuates above the 50-day EMA at $1.42, while remaining below the broken descending trendline at $1.43, and more importantly, below the 100- and 200-day EMAs at $1.53 and $1.78 respectively. This keeps the overall trend limited despite slight positive indicators, with the Relative Strength Index (RSI) near a neutral level at 52 on the daily chart. Additionally, the MACD remains slightly positive on the same chart but has lost momentum in recent sessions.
Daily chart of XRP/USDT pair
On the downside, immediate support is at the 50-day EMA at $1.42. A daily close below this level would reveal the ultra-trend line as a major bottom near $1.31. On the upside, initial resistance is observed around the previous broken descending trendline at $1.43, and the way toward the 100-day EMA at $1.53 will only open with a sustained move above this barrier.
$ETH
$XRP
Strive Asset Management has added another $61 million worth of Bitcoin to its treasury.
Current holdings of Strive are now over 13,700 $BTC , making it one of the largest corporate Bitcoin holders globally.