,XRP is struggling to reclaim the $1.50 level as the market prepares for a move that participants on both sides of the trade increasingly recognize as decisive. The price is close but not through, and an Arab Chain report tracking Binance derivatives activity has identified a development in the leverage data that changes the risk profile of whatever move arrives next. Related Reading: The 2022 Playbook Says Bitcoin Fails Here. On-Chain Data Says This Cycle Is Different The Estimated Leverage Ratio for XRP on Binance has climbed to approximately 0.179 — its highest reading in nearly two months — coinciding with XRP trading near $1.48. The timing places the leverage surge at the exact moment the price is attempting to push through a resistance level that has capped every recent recovery attempt. That proximity is not coincidental. Traders are building leveraged positions in anticipation of a directional move, and the scale of that positioning has now exceeded anything seen since mid-March. The path to the current reading traces a clear behavioral arc. Following the leverage peak of mid-March, the ELR declined steadily through a period of reduced derivatives activity — the quiet, low-conviction phase that the previous Arab Chain analyses identified as characteristic of accumulation rather than speculation. That quiet phase appears to be ending. The recent surge has reversed the declining trend and pushed the ratio back to levels that reflect genuine speculative commitment rather than cautious positioning. The question the leverage data raises is the same one the price action is building toward answering — and both may reach their resolution at the same moment. More Confidence, More Exposure, and More Consequences If the Move Goes Wrong Arab Chain’s interpretation of the leverage surge connects the behavioral signal to the price context that explains it. The ELR climbing to a two-month high alongside XRP’s gradual price improvement over recent weeks describes a derivatives market where participants are not simply observing the recovery — they are betting on its continuation with borrowed capital. New liquidity entering the market at elevated leverage levels reflects either conviction that the upward momentum will extend toward $1.50 and beyond, or anticipation of significant short-term volatility that creates trading opportunities regardless of direction. Both motivations produce the same structural consequence. A derivatives market with leverage at its highest point in two months is a market that has reduced its tolerance for adverse price movements. The positions now open require the price to cooperate — or they become the source of the selling pressure that accelerates the decline they were betting against. Related Reading: Ethereum Leverage Tells Two Different Stories On Binance And OKX: Traders Face A Fragile Setup Arab Chain’s forward assessment is honest about the dual nature of the current setup. Rising leverage during a price recovery reflects genuine market confidence and the return of speculative interest that had been largely absent during the low-activity period of recent months. That confidence is constructive as long as the price continues to validate it. The risk emerges at the point where the price stops cooperating. Liquidation waves triggered by leveraged positions unwinding do not arrive gradually — they arrive all at once, amplifying whatever move initiated them into something considerably larger. XRP Holds Recovery Structure XRP is trading around $1.46 after another failed attempt to reclaim the critical $1.50 resistance zone, a level that has consistently capped upside momentum throughout the recent recovery phase. The daily chart shows XRP maintaining a constructive short-term structure above the 100-day moving average, but price continues struggling beneath the broader resistance trend defined by the 200-day moving average near the $1.70 region. Following the sharp February selloff that briefly pushed XRP toward $1.10, buyers stepped in aggressively and stabilized the market above the $1.30-$1.35 support range. Since then, XRP has formed a gradual sequence of higher lows, signaling steady accumulation and improving sentiment despite the broader market uncertainty. Related Reading: XRP Holds Key Level, But Binance Flow Data Signals Weakening Demand However, momentum remains fragile. The latest rally attempts toward $1.50 have lacked strong volume expansion, suggesting buyers are still unable to generate the conviction needed for a decisive breakout. At the same time, price compression beneath resistance is becoming increasingly tight, a condition that often precedes a larger directional move. The rising leverage activity in derivatives markets adds another layer of risk to the setup. If XRP breaks above $1.50 with strong participation, momentum could accelerate quickly. Conversely, another rejection may trigger a sharp flush of leveraged positions back toward the $1.35 support zone. Featured image from ChatGPT, chart from TradingView.com
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts say it could further cool sentiment that traders had hoped would carry into stronger price action. The concern is not limited to Bitcoin: the same macro pressure could spill into Ethereum (ETH) and Solana (SOL), where conditions often translate into sharper day-to-day moves. ‘Broadly Bearish’ For Bitcoin Market expert Alex Carchidi of The Motley Fool frames April’s inflation reading as particularly difficult to absorb. According to the Consumer Price Index (CPI) data released on May 12, prices rose 3.8% year over year. A key driver was energy, which jumped 17.9% as costs climbed amid the US-Iran conflict. Related Reading: Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet In Carchidi’s view, the inflation impulse is not just another routine print—it reflects real supply disruption. The analysis points specifically to the blocking of oil shipments through the Strait of Hormuz, an event that has helped push energy prices higher and, in turn, lifts overall inflation. The report also showed core inflation, which excludes food and energy, moving higher than many expected. Core CPI increased to 2.8% year over year, edging above forecast. Taken together, Carchidi describes the figures as broadly bearish for Bitcoin and the broader crypto sector, but he stresses that the effect will not be identical across major coins. Risk-On In The Spotlight Bitcoin, Ethereum, and Solana are all likely to face consequences, yet their market positioning relative to inflation and liquidity differs enough to matter. One major reason Bitcoin may be more resilient—at least in theory—is that crypto markets often respond to the cost and availability of capital. Carchidi notes that “crypto thrives on cheap capital.” However, with the macro backdrop changing, the expectation is that the “spigot” for liquidity could be tightening rather than widening. That brings the Federal Reserve into focus. The Fed has kept its benchmark interest rate steady at 3.5% to 3.75% across three consecutive meetings. Still, traders are watching for a shift in policy expectations, pricing in roughly a 30% probability of a rate hike by the end of the year. Carchidi says this matters more for Ethereum and Solana than for Bitcoin. His rationale is tied to how these assets are commonly perceived by the market. ETH and SOL, in the expert’s words, are typically treated as risk-on holdings, and they do not have an established “inflation hedge” story that investors can fall back on during periods of persistent inflation pressure. Bitcoin, by contrast, has long been positioned—by supporters—as a scarce asset that could act as an inflation hedge, which can provide a different kind of narrative support when traditional assets and macro assumptions shift. Near-Term Warning For Ethereum And Solana Cardichi suggests that if the energy shock eventually leads to broader monetary loosening, Bitcoin’s scarcity-based argument could become more compelling again over a multiyear horizon. Related Reading: Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA) Even then, he emphasizes that this is conditional—an “if, not a when”—and that the market would need data-driven confirmation for the renewed case to feel convincing. For Ethereum and Solana, the near-term picture is less optimistic in his conclusion. Their value, according to Carchidi, depends more on the networks gaining traction with users and attracting capital to their platforms. Featured image created with OpenArt, chart from TradingView.com
The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.
Doggy-themed meme coin Dogecoin (DOGE) has once again slipped into oversold territory, as rising volatility and weak price action continue to drive investors toward the exit. While this may seem bearish on the surface, analysts note that this oversold region has historically preceded Dogecoin’s cycle bottoms. They predict that once a price floor is established, it could signal the end of the meme coin’s prolonged downtrend and potentially pave the way for a fresh bullish trend. Dogecoin Oversold Level Signals Incoming Bottom Selling pressure has been building steadily for Dogecoin, with broader bearish sentiment weighing heavily on the meme coin’s short-term outlook. Adding to the concern, market expert Cryptollica revealed in an X post on May 12 that Dogecoin has officially entered oversold regions on the weekly Relative Strength Index (RSI). Related Reading: Dogecoin Price Set To Hit $5 Amid New Influx From Smart Money? What makes this development particularly interesting is just how rare it occurs. According to the analyst, a return to the weekly RSI oversold zone has only occurred four times in 12 years. Moreover, he added that each time this happens, Dogecoin has reached a final price bottom, completely resetting its market. Sharing a chart, Cryptollica noted that during the 2015 cycle, DOGE entered oversold territory on the weekly RSI and found a cycle bottom right after. Similarly, in 2020, the cryptocurrency did the same, recording a price floor during the COVID-19 crypto market crash. Later in 2022, a year after the historic 2021 bull market, Dogecoin also entered oversold territory and formed its third cycle bottom. Now in 2026, Cryptollica believes that the meme coin has repeated the same historical trend. His accompanying chart shows that Dogecoin has formed a cycle bottom around the $0.10 range as its price navigates oversold levels. During the past cycles, the analyst noted that the market was saturated with various negative emotions, including fear, anger, and disbelief, as investors lost confidence and sold their coins. He said that the crowd wrote off Dogecoin as a dead coin when it entered this bearish phase. However, to him, this phase was a “rare cycle-location signal” that could fuel a fresh bull rally. Based on this view, the analyst has projected a bullish target of $5 on his chart once Dogecoin confirms its anticipated market bottom. A move to that level would represent a gain of roughly 4,900% from current levels around $0.115. Oversold DOGE Zone Reveals Major Buying Opportunity In another post, Cryptollica said Dogecoin is offering a rare buying opportunity after entering its rare oversold territory that has only appeared a few times. The analyst stated that most people will miss this opportunity because the best cycle signals arrive when the chart looks dead, not when the crowd is excited. Related Reading: Dogecoin Trap Shows A Major Crash, But How Low Will The Price Go? The analyst noted that each time this oversold zone emerged, the market was not paying attention. In 2015, investors ignored Dogecoin, and then they feared it during the 2020 crash. Moreover, the market entered a state of exhaustion when the zone reappeared in 2022, and now, in 2026, it presents the exact same rare signal. Featured image from Getty Images, chart from Tradingview.com
The crypto ATM company reported financial difficulties amid a changing regulatory environment and ongoing litigation, which have cost it millions of dollars.
Bitcoin is struggling to push above $82,000 as the market heats up and buyers search for the momentum needed to break through resistance that has now rejected three separate attempts. The price action is grinding, and analyst Axel Adler has identified the specific mechanism behind that resistance — one that goes beyond the technical level itself to describe the behavioral dynamic that is actively maintaining it. Related Reading: The 2022 Playbook Says Bitcoin Fails Here. On-Chain Data Says This Cycle Is Different The chart Adler examines places Bitcoin in a narrow corridor defined by two precise boundaries. Below, the short-term holder realized price for the one-week to one-month cohort sits at approximately $77,900 — the level at which recent buyers break even and below which selling pressure tends to ease as holders become reluctant to realize losses. Above, the 200-day simple moving average sits at approximately $82,100 — the technical boundary that has defined the ceiling of every recovery attempt since April. Between those two levels, Bitcoin has made three distinct attempts to break higher. All three ended in pullbacks. Volume during each attempt showed no abnormal expansion — meaning the rallies toward $82,100 were not driven by aggressive, high-conviction buying that could overpower the supply waiting above. They were moves that ran into overhead resistance without the force required to clear it. The resistance at $82,100 is real. The question Adler’s analysis answers is why it has held three times — and what specifically would have to change for the fourth attempt to produce a different result. The Resistance at $82K Is Not Just a Line on a Chart. It Is a Behavior Adler’s second chart completes the explanation for why three attempts at $82,100 have produced three identical outcomes. The Short-Term Holder SOPR — which measures whether recent buyers are selling at a profit or a loss — has recovered from the extreme negative readings of February 2026 but has not managed to hold sustainably above the 1.0 breakeven level. The pattern that keeps repeating is precise and documented: each time Bitcoin attempts to push higher, SOPR briefly moves toward 1.0, then falls back. Short-term holders are using every rally to exit at breakeven rather than holding in anticipation of further upside. The mechanism Adler identifies connects the two charts directly. Each of the three failed breakout attempts visible in the support and resistance data was accompanied by the same SOPR behavior — a brief move toward 1.0 followed by a reversal. This is not three separate coincidences. It is the same dynamic expressing itself three times: as Bitcoin approaches $82,100, short-term holders who have been underwater reach their exit level and sell. That selling absorbs the buying pressure that drove the rally and prevents the price from clearing the resistance. The specific trigger Adler identifies for breaking the pattern is equally precise. A sustained hold of the seven-day SOPR average above 1.0 for several consecutive days would signal that short-term holders have stopped using rallies to exit — that they are beginning to hold through strength rather than sell into it. Until that behavioral shift appears in the data, the fourth attempt at $82,100 will face the same supply that stopped the first three. Related Reading: Ethereum Leverage Tells Two Different Stories On Binance And OKX: Traders Face A Fragile Setup Bitcoin Holds Above Key Moving Averages While Facing Heavy Resistance Bitcoin is trading around $80,400 after another rejection near the $82,000 region, a level that continues to act as the primary resistance barrier for the current recovery trend. The daily chart shows BTC maintaining a constructive structure overall, with price still trading above the 100-day moving average while attempting to consolidate beneath the 200-day moving average, currently positioned near the local highs. The chart highlights a strong recovery from the February capitulation event that briefly pushed Bitcoin toward the low-$60,000 range. Since then, bulls have established a sequence of higher lows and higher highs, signaling improving market structure and renewed demand. However, momentum appears to be slowing as BTC approaches the long-term resistance cluster around $82,000. Related Reading: XRP Holds Key Level, But Binance Flow Data Signals Weakening Demand Volume during the latest breakout attempts has remained relatively moderate, suggesting buyers are still lacking the aggressive participation needed to force a decisive move above the 200-day moving average. Meanwhile, the highlighted support zones between $72,000-$73,000 and $64,000-$65,000 remain critical demand areas if a broader pullback develops. For now, Bitcoin continues to compress beneath resistance while preserving its bullish recovery structure, leaving the market positioned for a potentially significant directional move in the coming weeks. Featured image from ChatGPT, chart from TradingView.com
The Hyperliquid decentralized exchange allows anyone who stakes 500,000 HYPE tokens, valued at roughly $22.2 million, to deploy new markets.
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
The new card lets users spend USDC balances through online, in-store and contactless transactions while accessing ATM withdrawals in supported regions.
After being rejected from the $1.55 barrier on Thursday, XRP dropped nearly 8%, continuing its consolidation below this crucial resistance. Amid this performance, a market watcher highlighted a multi-year pattern that could push the price toward new highs. Related Reading: Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting? XRP Multi-Year Pattern Takes Shape On Friday, market observer ChartNerd shared a long-term perspective on the XRP price, based on a multi-year formation with “significant macro future upside potential waiting ahead.” In an X post, the analyst highlighted a Cup and Handle pattern, which has been forming since 2018. The chart below shows that the pattern completed the cup during its mid-2025 rally and has been forming the handle since the altcoin reached its latest all-time high (ATH). Based on this, he suggested that XRP “may seek a Gaussian Channel retest to mark a periodic bottom,” as the indicator has been a strong confluence area over the past nine years. Notably, the cryptocurrency has seen three similar retests within the cup, and also marked the cycle low in 2017. Now, the $0.70-$0.90 area may also mark the handle’s bottom, where the 0.50 FIB level awaits in the same territory as support. The market watcher has previously explained that a rejection from the $1.60-$1.80 area is likely and will potentially send XPP toward a cycle bottom of $0.70 later in the year, as it marks a prior level of macro resistance that hasn’t been retested yet. Nonetheless, he affirmed that, regardless of where the macro low is marked, “future FIB extensions await above targeting $8,” with two potential double-digit targets sitting around the $13 and $27 marks. 2,000% Expansion Ahead? ChartNerd also noted that the potential handle bottom of the Cup and Handle formation aligns with a key multi-year retest inside a fractal. For context, XRP appears to be repeating a setup that led to its massive 68,000% expansion during the 2017-2018 rally. Ahead of its 2027 breakout, the cryptocurrency retested its multi-year ascending support three times, experiencing significant advances followed by strong corrections inside descending channels. Since 2020, the altcoin has been developing the same pre-breakout setup, when XRP reached its bear market bottom and created an ascending support level that has held for roughly six years. Related Reading: DEF Warns ‘Anti‑DeFi’ Amendments To CLARITY Act Could Threaten Users, Developer Protections After two retests of the crucial support, the cryptocurrency appears to be developing the same descending channel, which could lead to a third retest of the ascending trendline, and an eventual 2,000% multi-month rally toward a new double-digit high. “If XRP respects this pattern into late 2026, this is where we could potentially create the third retest, which is what we saw in the early cycles before the expansion in 2017,” the analyst previously stated. As of this writing, XRP trades at $1.43, a 6% decline on the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
TD Cowen raised the probability of the bill passing to 40% from 33% while Benchmark said the Clarity Act will need more Democratic support.
Jito founder Lucas Bruder told The Block that there's a new class of users coming onchain who "want to trade anything and everything."
Dogecoin continues to show signs of recovery as bulls gradually push prices higher from recent lows. However, despite the improving momentum, the broader market structure still suggests caution, with bears attempting to keep the rally contained below key resistance levels. Building Momentum Ahead Of Potential Breakout Dogecoin is still climbing gradually, and crypto market commentator Caligh believes that slow buildup phases like this often come before explosive rallies. Traders who have been in the market for years understand how quickly DOGE can accelerate once momentum truly kicks in, turning quiet accumulation into aggressive upside expansion. Related Reading: Dogecoin (DOGE) Breaks Away From Pack As Momentum Turns Aggressive According to Caligh, DOGE is more than just another meme coin; it has historically acted as a signal that liquidity is flowing back into the altcoin market. Since Ethereum lost part of its dominance after the 2021 cycle, strong Dogecoin rallies have repeatedly coincided with renewed speculative appetite across the altcoin market. Caligh also highlighted that the current consolidation phase can feel exhausting for traders because the market often moves slowly before a breakout finally arrives. However, these drawn-out periods of patience and uncertainty are usually what create the foundation for larger price expansions later on. For traders looking ahead, Caligh stressed the importance of positioning early rather than chasing moves after the market has already surged. Waiting patiently during accumulation phases may offer stronger opportunities than entering after fear of missing out takes over and the broader altcoin market begins moving aggressively higher. Dogecoin Recovery Rally Remains Corrective For Now Crypto analyst MCO Global explained that Dogecoin is still moving higher within what appears to be a corrective recovery pattern. Although the meme coin has managed to rebound from recent lows, the rally has not yet formed a convincing five-wave impulsive move, keeping the broader outlook cautious for now. Related Reading: Dogecoin Breaks Out Strong: Bullish Structure Aligns For More Upside According to the analyst, several key resistance levels are now coming into focus. The first major barrier stands at $0.118, followed by $0.133, which also aligns with the 38.2% Fibonacci retracement level. If bullish momentum strengthens beyond these zones, the next upside targets are projected to be around $0.156 and $0.183. On the downside, MCO Global identified $0.105 and $0.089. Holding above these levels may help sustain the current rebound structure; however, a break below them could significantly weaken short-term momentum. Despite the recent upward movement, the analyst noted that the broader chart structure still leaves room for another larger fifth-wave decline to the $0.058 to $0.047 range over time. A strong impulsive breakout above resistance levels would be needed to invalidate the bearish outlook and confirm a more convincing trend reversal. Featured image from Unsplash, chart from Tradingview.com
Warsh's leadership may shift Fed policy towards tighter monetary measures and deregulation, impacting financial stability and market dynamics.
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The liquidation highlights the crypto market's vulnerability to volatility, emphasizing the need for cautious leverage use amid macroeconomic uncertainties.
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Powell's exit signals a pivotal shift in U.S. monetary policy, with Warsh's nomination potentially altering future economic strategies.
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The escalation may hinder diplomatic resolutions, increase regional instability, and impact global geopolitical dynamics significantly.
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Anthropic's rapid valuation surge signals a transformative shift in AI investment dynamics, potentially reshaping market expectations and strategies.
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Goldman's strategy could reshape risk management in private credit, potentially stabilizing markets but also obscuring true credit risk visibility.
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Ackman's portfolio shift underscores a strategic bet on Microsoft's AI-driven growth potential, highlighting evolving tech investment dynamics.
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Elon Musk’s rocket and satellite company has accelerated plans for its blockbuster public offering, with trading expected to begin as early as June 12 after a faster-than-expected SEC review.
SpaceX's IPO could significantly boost public investment in space technology, impacting market dynamics and regulatory scrutiny.
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The Boeing deal may signal a thaw in U.S.-China relations, potentially paving the way for further diplomatic and trade advancements.
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China's increased US oil purchases could strain its trade balance, potentially boosting crypto activity as a hedge against yuan volatility.
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Geopolitical tensions heighten supply risk perceptions, driving market volatility and influencing global oil price expectations significantly.
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Bitcoin’s latest retreat below $80,000 shows how quickly the bond market has reclaimed control of crypto trading, even after lawmakers advanced one of the industry’s most closely watched regulatory bills. Data from CryptoSlate showed that the top asset was trading at $79,083 as of press time, down more than 3% after another failed attempt to […]
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The program's success could reshape healthcare policy, boost cannabis research, and impact financial systems tied to the cannabis industry.
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The bill's passage could align Poland with EU crypto standards, but ongoing veto threats highlight tensions over regulatory authority and civil liberties.
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On-chain data from Santiment shows the number of XRP Ledger wallets holding at least 10,000 XRP tokens has reached a new all-time high. The milestone comes at a time when XRP is still trading 60% below its all-time high, showing how much disconnect there is between price and holder activity. It also raises a major question: are larger holders positioning early before the price catches up? XRP Ledger Hits Record High In 10,000+ XRP Wallets XRP has spent much of 2026 fighting to regain stronger bullish momentum, but its on-chain picture is telling a different story from the price chart. Many large wallets are not leaving the network. They are adding to it. Related Reading: Market Analyst Outlines How The XRP Price Will Reach $300 And What Everyone Is Missing Particularly, data from the on-chain analytics platform Santiment shows that the number of XRP Ledger wallets holding at least 10,000 XRP has climbed to a record 332,230. Santiment noted that this continues a steady growth trend that has been building since June 2024, despite the price volatility that has followed XRP across several phases of the crypto industry. The chart shared by Santiment shows the 10,000+ XRP wallet cohort rising almost consistently from late 2025 into May 2026. However, the most severe test of that trend came in early February. Between February 6 and 8, 2026, over 4,500 wallets in the 10,000+ XRP bracket disappeared during a broader crypto market selloff. During that time, the Bitcoin price fell 12.6% on February 5 to $63,500, its lowest level since October 2024, as the wider crypto market suffered heavy losses and over $1 billion in liquidations. However, the wallet count subsequently recovered in the second half of February and has been on an uptrend since then. Now, the number of large XRP holders has broken past its January peak and is at a new high of 332,230 addresses. Will The XRP Price Follow The Holder Growth? The question now is whether this wallet growth can translate into price momentum. According to Santiment, the rising numbers of mid-to-large wallets suggest increasing conviction from investors who are less focused on short-term price swings and more interested in long-term positioning. This means that many XRP traders believe in ultra-bullish price targets for the long term. Related Reading: XRP Is Quietly Taking Over And These Are The Things That Investors Keep Missing Interestingly, there are also other pieces of market data that support the idea that XRP is attracting capital. The five US-listed spot XRP exchange-traded funds reported a combined $25.8 million in net inflows on May 11, the largest single-day haul since January 5, when they drew $46 million in their first week of trading, according to SoSoValue data. On-chain accumulation does not automatically lead to an immediate rally, and XRP’s price chart still has work to do. Buyers need to turn accumulation into visible bullish pressure. The first sign would be a stronger move away from the current $1.40 to $1.50 range. The current most important breakout zones are around $1.52 and $1.54. A successful daily close above $1.54 could validate a bullish breakout on the shorter timeframes, while a close above $1.60 will validate a bullish breakout on larger timeframes. Featured image from Adobe Stock, chart from Tradingview.com
Residents in northwest Atlanta say empty Waymo robotaxis have spent weeks repeatedly circling residential streets early in the morning.