Binance Traders Eye XRP’s Critical Support as Rebound to $2.50 Looms
Amidst heightened market volatility, XRP's price action is drawing significant attention from traders on Binance and other major exchanges. The cryptocurrency is currently testing a crucial multi-month support level, with its near-term trajectory heavily dependent on whether it can hold above the $1.94 threshold. As of December 9, 2025, XRP traded between $2.05 and $2.16, registering modest daily declines but managing to stay above this key structural support. Prominent analyst Ali Martinez has pinpointed $1.94 as the definitive make-or-break level for XRP. Historical price data suggests that a successful defense of this support could pave the way for a substantial rebound, with a potential price target of $2.50 becoming a focal point for bullish traders. This technical setup presents a critical juncture for the asset, where a hold above support may trigger renewed accumulation and a shift in market sentiment. The broader cryptocurrency market's volatility adds an extra layer of significance to this level, making XRP's performance a key indicator watched by participants across platforms like Binance for signals regarding altcoin strength and overall market resilience.
XRP Price Prediction: Key Support Level Holds Amid Market Volatility
XRP's price action hinges on a critical multi-month support level, with traders eyeing a potential rebound toward $2.50 if the $1.94 threshold holds. The cryptocurrency traded between $2.05 and $2.16 on December 9, 2025, showing modest daily declines but maintaining its position above structural support.
Analyst Ali Martinez identifies $1.94 as the make-or-break level for XRP's near-term trajectory. Historical data suggests this zone has previously attracted significant buying interest, though confirmation requires sustained volume and price follow-through. The asset remains below September's peak NEAR $2.85, leaving room for recovery if market conditions improve.
Regulatory developments surrounding Ripple continue to influence sentiment, adding complexity to XRP's price discovery. Institutional liquidity patterns mirror previous cycle behaviors, where similar support zones preceded meaningful rallies. Market participants await either a decisive breakout or breakdown from the current consolidation pattern.
Cardano (ADA) Price Rally Sparks Optimism After NIGHT Token Launch on Binance
Cardano's ADA token is gaining significant market attention following the launch of Midnight's NIGHT token on Binance. The privacy-focused sidechain's native token was prominently featured on Binance Alpha, accompanied by an airdrop for eligible users. This development coincides with ADA breaking a major downtrend, forming a rounded bottom pattern that suggests a potential trend reversal.
At press time, ADA trades at $0.4651 with a 24-hour gain of 8.85%, boasting a $16.70 billion market capitalization. Binance's listing of NIGHT aligns with its support for "rational privacy"—a Core tenet of Midnight's philosophy—while maintaining regulatory compliance. Trading for NIGHT commenced on December 9, with airdrop claims available through Binance Alpha Points.
Binance Coin Nears Decision Point as Traders Eye $1,000 Threshold
Binance Coin (BNB) hovers at a critical juncture, trading near $893 after reclaiming the $900 level. The token's recent double-bottom formation around $790–$800 suggests potential upward momentum, with market observers speculating about a year-end rally toward $1,000.
Current metrics show BNB with a $2.92 billion 24-hour trading volume and a $122.97 billion market cap, representing 3.89% of total crypto market dominance. The token's minor 0.15% daily gain belies the high-stakes technical battle unfolding on charts.
Analysts identify a make-or-break support zone between $700–$550. Holding this range could propel BNB toward $1,500–$3,000 targets, while failure risks a collapse to $250–$170. The coming weeks will determine whether Binance's native token joins this cycle's outperformers or faces a structural reset.
Binance Co-CEO's WeChat Hacked in Meme Coin Pump-and-Dump Scheme
Binance founder Changpeng Zhao alerted users that co-CEO Yi He’s WeChat account was compromised to promote the MUBARA meme coin. The attacker executed a classic pump-and-dump, netting $55,000 by buying early and selling during the artificially induced rally. Blockchain sleuths at Lookonchain confirmed the exploit.
Yi He acknowledged her long-dormant WeChat account—tied to an old phone number—had been hijacked. The breach occurred just weeks after her high-profile appointment as Binance’s co-CEO during June’s Blockchain Week. 'Web2 social media security isn’t strong,' Zhao tweeted, distancing himself from meme coin promotions.
The incident underscores persistent vulnerabilities in centralized platforms Leveraged for crypto scams. While no exchange funds were compromised, the episode reinforces the industry’s mantra: 'Not your keys, not your coins.'
ASTER Whale Activity Signals Volatility as Price Eyes $2.50 Breakout
ASTER's price action hints at brewing volatility after a major whale withdrawal of 13.44M tokens ($13.04M) from Binance. The token, currently trading at $0.9562 (+2.24%), tests a descending channel pattern—a breakout could propel it toward $1.20 short-term and challenge its $2.07 all-time high.
Blockchain sleuth Lookonchain flagged the whale's earlier misstep: a 64.53M ASTER transfer from Gate.io near peak prices, later deposited into Binance at $1.54 for a $34.5M paper loss. Such moves underscore the razor-thin margins in mid-cap token speculation, where institutional-scale players aren't immune to market tides.
Binance Co-CEO Yi He’s WeChat Account Hacked in $55,000 Crypto Scam
Binance Co-CEO Yi He's WeChat account was compromised, leading to a $55,000 crypto scam involving the meme token MUBARA. The attackers exploited an old phone number linked to her account, leveraging her recent promotion to co-CEO for credibility. Blockchain analytics firm Lookonchain tracked the scam in real time, revealing how the hackers manipulated the token's price before cashing out.
The incident underscores the vulnerabilities in digital security, particularly with reassigned phone numbers in China. Yi He confirmed the breach, stating the account could not be recovered. The scam's timing, just days after her high-profile promotion, amplified its impact on unsuspecting traders.