Long-term bearish bat pattern on SilverLonger-term price action on the price of Spot Silver (XAG/USD) is on track to shake hands with a Potential Reversal Zone (PRZ) of a monthly bat pattern between US$46.79 and US$42.68. What this also tells Silver traders is that according to this pattern’s structure, there is scope for additional outperformance. As a result, I am closely monitoring monthly support from US$35.70 in the event of a pullback unfolding.
Written by FP Markets Chief Market Analyst Aaron Hill
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10 Types of Cryptocurrencies: Explanations and ExamplesCryptocurrencies go far beyond Bitcoin. Today’s digital asset market includes a wide variety of coins and tokens, each serving distinct purposes. Below are 10 key categories of cryptocurrencies with brief explanations and examples:
Store of Value Cryptocurrencies:
Used as a digital form of gold or a long-term value reserve.
▶ Example: Bitcoin (BTC)
Smart Contract Platforms:
Support decentralized applications and programmable transactions.
▶ Example: Ethereum (ETH)
Stablecoins:
Pegged to fiat currencies to reduce volatility.
▶ Examples: USDT, USDC
Payment Tokens:
Designed for fast, low-cost money transfers.
▶ Examples: XRP, Stellar (XLM)
Governance Tokens:
Allow holders to vote on protocol decisions.
▶ Examples: UNI, MKR
Meme Coins:
Inspired by internet culture and social trends.
▶ Examples: Dogecoin (DOGE), Shiba Inu (SHIB)
Gaming Tokens:
Used in blockchain-based games and metaverses.
▶ Examples: AXS, SAND
Privacy Coins:
Focused on anonymous, untraceable transactions.
▶ Examples: Monero (XMR), Zcash (ZEC)
NFT Tokens:
Represent digital collectibles or assets on-chain.
▶ Examples: Bored Ape, CryptoPunks (ERC-721)
Infrastructure Tokens:
Power scalability, cross-chain solutions, or protocols.
▶ Examples: Polkadot (DOT), Cosmos (ATOM)
Understanding these categories helps investors and users navigate the complex crypto ecosystem more effectively.
XRPUSD SELL 3.197On the daily chart, XRPUSD stabilized and rebounded, with short-term bulls in the lead. At present, attention can be paid to the resistance near 3.197 above, which is a potential short position for a bearish bat pattern. At the same time, this position is in the previous supply area, and the downward target is around 2.340.
USDCAD upside target 1.3960On the 4-hour chart, USDCAD stabilized and moved upward, with bulls taking the upper hand. The current market has formed a potential double bottom pattern. In the short term, attention can be paid to the resistance near 1.380. A breakthrough will hopefully continue to move higher, with the upward target around 1.3960. When the price reaches 1.3960, attention can be paid to the bearish bat pattern.
XAUUSD BUY 3260On the 4-hour chart, XAUUSD is currently fluctuating and falling, and the short-term market is expected to continue to fall. The current support below can be focused on around 3260, which is a potential buying position for the bullish bat pattern, and this position is also in the previous demand area.
XAUUSD eyes potential bearish batOn the 4-hour chart, XAUUSD stabilized and rebounded in the short term. Currently, we can pay attention to the upper resistance near 3382.5. After it reaches that level, we can pay attention to the potential bearish bat pattern. At the same time, this position is in the previous supply area.
EURJPY Potential Bearish BatOn the daily chart, EURJPY fluctuates upward, and short-term bulls have the upper hand. At present, attention can be paid to the resistance near 173.03 above, which is a potential short position of the bearish bat pattern, and this position is in the previous supply area.
EURUSD Eyes Potential Bullish BatOn the daily chart, EURUSD is currently oscillating at a high level. In the short term, we can pay attention to the area around 1.1402 below. This position is a potential buying position for a bullish bat pattern, and this position is also within the previous demand area.
EURGBP upside target 0.8600On the daily chart, EURGBP stabilized after the bullish bat pattern. At the same time, the current market formed a head and shoulders bottom pattern. At present, we can pay attention to the support near 0.8450. If it falls back and does not break, it is expected to continue to rise, and the upward target is around 0.8600.
XAUUSD SELL 3391On the 4-hour chart, XAUUSD stabilized and rebounded. At present, attention can be paid to the resistance near 3349. If it breaks through, it will continue to rise. If the price reaches around 3391, pay attention to the potential bearish bat pattern, which is in the previous supply area.
Japan’s Metaplanet to Invest $5.4 Billion in Bitcoin: A Bold StrAmid growing global interest in cryptocurrencies, Japanese investment firm Metaplanet has announced plans to invest $5.4 billion in Bitcoin. This strategic move places the company alongside the largest corporate Bitcoin holders and reflects Japan’s evolving financial stance, where digital assets are beginning to play a more prominent role.
According to Metaplanet, the firm intends to acquire approximately 210,000 BTC by 2027, representing nearly 1% of Bitcoin’s total supply, which is capped at 21 million coins. This initiative is aimed at hedging against inflation and the depreciation of the yen, while also strengthening the company’s position in global financial markets.
Unlike traditional funds, Metaplanet is committed to a long-term holding strategy (hodling) rather than speculative trading. This signals growing confidence in Bitcoin as a store of value comparable to gold. The company also anticipates increasing institutional demand and the potential recognition of Bitcoin as a reserve asset by central banks.
This move is also seen as a step toward legitimizing Bitcoin across Asia. Analysts suggest that other Japanese and South Korean companies may soon follow Metaplanet’s lead.
The $5.4 billion Bitcoin investment is more than a financial move—it’s a statement about the future. Metaplanet is showing that digital assets are becoming an integral part of modern macroeconomic strategy.






















