Ripple (XRP) Struggling at $2.50, Bittensor Bounces Back, While Unilabs Trading Fund Demand Surges

Source Cryptopolitan

Ripple captured the TradFi space, thanks to its solution for cross-border financial transactions. However, the recent market atmosphere has affected the XRP price. Meanwhile, Bittensor (TAO) has staged a recovery, although it remains weak.

Investors are now turning attention to Unilabs as demand for its trading fund feature skyrockets. As such, experts predict it could become the standout ICO in 2025.

Unilabs Trading Fund Demand Surges Amid Growing Investor Interest

Unilabs seeks to create a new type of DeFi system where investors of all levels can benefit from smart investment models. Unlike other trading funds that offer access to only BTC, the platform increases market exposure for its users. It offers a suite of opportunities across several fronts, such as Mining, Bitcoin, RWA, and AI. This way, even retail traders can benefit from opportunities initially reserved for top industry players.

Furthermore, its AI portfolio management system uses an automated tool to track even the most subtle market changes. This means that Ripple holders can easily adjust their portfolios in response to changes in the XRP price.

Another groundbreaking feature of Unilabs is the Market Pulse system, which functions like a research aid. It browses the market for trends, token movements and other key data to generate insights. Instead of manual speculation, this tool could help investors stay ahead of the market by analyzing the next TAO price rally, for example.

ICO Attracts Strong Investor Interest with Nearly $700K Raised

Unilabs has earned praise from several crypto fans after raising close to $700,000 in its ongoing ICO. With over $30 million in Assets Under Management (AUM), investors are tapping into the platform’s large liquidity base. 

Interest in the project has surpassed initial projections, with buyers scooping up over 150 million UNIL tokens. Each token currently sells at a discounted price of $0.0051, which is affordable compared to assets like Bittensor. It also offers an affordable option for investors looking to diversify their Ripple portfolio.

XRP Stalls Below $2.50 Amid Market Uncertainty

Ripple has made attempts to rise and hold above the $2.50 level in the past week. However, the XRP price has faced strong resistance at this level and often pulls back once it hits the mark. When such action occurs, it means that buying pressure is insufficient to sustain the XRP price climb. 

Source: TradingView

Further analysis shows that the XRP price stayed inside the Ichimoku cloud for the last few days, with no bearish or bullish signs. Scammers have also increased the targeting of Ripple holders, which has further stirred panic and could affect the XRP price. 

At the press time, the XRP price is stuck in a tight range between $2.36 and $2.45. In parallel, the TAO token has recovered from its previous trend. Still, Unilabs’ disruptive features are making headlines in DeFi.

Bittensor Recovers as Bullish Momentum Builds

Even though Ripple and Bittensor had a poor outing last week, the latter has shown clear signs of recovery recently. The TAO token experienced a sharp decline on May 18, pushing it close to the $400 mark. However, it has recovered and is currently trading at $420. 

Source: TradingView

The TAO/USDT chart shows a pattern of higher lows and higher highs, meaning that Bittensor is flashing bullish signals. Like Ripple, investors’ sentiment regarding Bittensor is bullish, amplified by the Greed score of 71.

The TAO Bull Bear Power (BBP) indicator is currently at 0.9, a positive sign that buyers are starting to take control. In the interim, the Bittensor bull signal remains weak, although momentum is slowly increasing. 

For a stronger signal of a trend reversal, the TAO price will need to break above the $425 level with continued buying interest. On another front, interest in Unilabs is rising as investors pivot to its passive investment model. 

Conclusion

The XRP price faces resistance in its northbound movement, fueled by targeted attacks on Ripple wallets. Meanwhile, Bittensor (TAO) has recently witnessed improved market fortunes.

At the same time, Unilabs has seen a strong presale push as the demand for its trading fund increases. The low market entry cost means that investors who enter the project now will benefit from its potential upside.

Discover the Unilabs (UNIL) presale:

Presale: https://www.unilabs.finance/

Telegram: https://t.me/unilabsofficial/

Twitter: https://x.com/unilabsofficial/

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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