Monero (XMR) is approaching a critical breakout moment as months of tight consolidation begin to show signs of exhaustion, with the price holding firm despite repeated downside pressure. While the broader market remains stable, the token price structure tells a different story, selling pressure has been absorbed, and accumulation is building beneath the range, setting …
Some XRP watchers are not waiting for a dip below $1. They are looking the other way — toward $17. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst The Pattern Behind The Price Target Market analyst Javon Marks has mapped out a long-term bull case for XRP using a measured move — a method that takes the size of a past rally and projects the same distance from a new breakout point. His chart points to a price target of $16.39, which would represent a gain of more than 1,100% from current levels. That works out to roughly a 12x increase. The setup goes back years. According to Marks, XRP formed a large pennant pattern starting in 2017, right after the token’s first major surge. To a fairly precise degree, the measured move price target for $XRP is right under $17. This means that another increase of over 1,111% could take place in response to the huge, 2017-like pennant breakout which occurred in late 2024. pic.twitter.com/4Hj5gZJYkj — JAVON⚡️MARKS (@JavonTM1) April 8, 2026 That kind of pattern typically reflects a pause before a trend picks back up. He says XRP broke out of that pennant in late 2024, during a broader market rally that followed the US presidential election. Using the scale of the original 2017 run as a guide, Marks projects the next leg of the move could carry XRP to near $17. In other words, if history repeats itself — and that is a big if — XRP could still be in the early part of a much larger move. XRP: Debate Among Analysts Not everyone is convinced the ride up will be smooth. Some XRP followers have raised the possibility of a fake breakout before any real rally takes hold. Marks acknowledged that kind of short-term volatility is possible. Still, he stood by the overall structure, saying the current setup closely mirrors what XRP looked like in 2017 before it made its big run. At current prices, Marks argues XRP is trading at a steep discount relative to where the measured move points. That framing has attracted attention from traders who follow chart-based analysis closely. XRP has been sending mixed signals this week. The token climbed to around $1.39 after news of an Iran ceasefire, then pulled back to roughly $1.32 — a drop of about 3.3% in 24 hours. Related Reading: Bessent Presses Congress On Crypto Rules As Senate Clock Ticks Down Other Bullish Voices In The Mix Marks is not alone in making a high-target call, though the numbers vary widely. Analyst CG has pointed to a two-year Elliott Wave count, with Wave 3 potentially driving XRP toward $24. Separately, another market commentator said XRP may be approaching a fresh all-time high after breaking out of a resistance-support triangle. At the same time, some analysts have held onto the view that a drop below $1 remains on the table before any major move higher. That split shows just how divided the XRP crowd remains heading into what could be a defining stretch for the token. Featured image from Unsplash, chart from TradingView
XRP continues to trade near $1.34, moving within a tight range as buyers defend key support levels. Short-term charts show resistance around $1.42 and downside risk near $1.28, keeping traders cautious. At the same time, bold long-term predictions are gaining attention, including claims that XRP could reach $1,000 in the future. Growing whale accumulation, improving …
The CLARITY Act, a major U.S. crypto regulation bill, is currently awaiting Senate approval after passing the House in 2025. Regulators and industry leaders warn that delaying the bill could cause the U.S. to lose its leadership in digital finance. Top officials, including Scott Bessent, Paul Atkins, and Cynthia Lummis, are urging immediate action. Treasury, …
Bittensor’s native token TAO price saw a brutal breakdown, plunging nearly 25–27% within hours and erasing close to $900 million from its market capitalization. The sudden drop triggered a wave of liquidations, wiping out over $9 million in long positions and catching late bulls off guard after weeks of aggressive upside. The move wasn’t random. …
Amid the recent market recovery, Solana (SOL) has jumped roughly 10% from last week’s lows, reclaiming the $82 level and retesting a major resistance. However, some market observers have warned that the rally could be short-lived if the cryptocurrency doesn’t turn a key level into support in the coming days. Related Reading: Ethereum Reclaims $2,200, But Analyst Says It’s Not Time To Celebrate Yet – Here’s Why Solana Price In ‘Consolidation Trap’ On Thursday, Solana surged 2.5% to try to reclaim the $84 area after losing this area on Wednesday night. The altcoin has been trading between the $76-$92 levels since February, moving within the lower half of this range over the past two weeks. Ali Martinez highlighted a structural pattern that has been “remarkably consistent” since October 2025. Notably, the analyst explained that Solana has been repeating a three-step cycle every time it has lost momentum over the past six months. According to Martinez, the pattern begins with the reclaim of the 50-day Simple Moving Average (SMA). This is followed by the rapid failure to hold the 50-day SMA as support. Lastly, SOL enters the “consolidation trap”, a brief, sideways “complacency” period before the actual leg down starts. As the chart shows, the cryptocurrency recorded this pattern in November 2025 and January 2026, when it dropped below the 50-day SMA and consolidated for weeks before the next major sell-off, ultimately resolving lower and reaching a new local bottom. Solana moved above the 50-day SMA in mid-March, when it hit its local top of $97, and has since dropped below it. Now, the altcoin is in its consolidation phase, “drifting sideways” between $79-$81, and sitting below the key SMA near the $86 mark. “If this pattern holds, this sideways movement is not ‘stabilization’—it is the coiling of a new leg down. Based on previous instances, a failure to reclaim the $86 level quickly could project a move toward the $52,” Martinez asserted. SOL Breakdown Imminent? Market observer Leviathan noted that Solana has retested the lower area of its local range seven times since February, and every bounce has gotten weaker after each retest. At the time of writing, the price has been rejected from the 50-day Exponential Moving Average (EMA), suggesting that a retest and breakdown from the key $76-$80 support area could be next. “Historically, the more a support level gets tested, the weaker it becomes. Watch this level closely,” he asserted. Analyst Crypto Lens shared a similar outlook, pointing to a potential bearish formation on SOL’s chart. Per the post, the cryptocurrency has been trading in a bearish flag pattern since early February, and broke down from the formation when it dropped below the $81 area in late March. Related Reading: XRP Leads Crypto Funds $224M Rebound With Largest Weekly Inflows Since December This structure also developed in late 2025, leading to a 54% correction after Solana broke down from the pattern. After the recent bounce, the altcoin is retesting the pattern’s lower boundary from support, which could turn this level into resistance if momentum doesn’t hold. “This isn’t random price action, it’s a pattern,” the analyst warned, “If this continues, SOL could be heading toward the $45 zone.” Featured Image from Unsplash.com, Chart from TradingView.com
Japan’s Cabinet has approved a bill to officially classify cryptocurrencies as financial instruments, marking a major regulatory shift. The new framework introduces stricter oversight, including a ban on insider trading and mandatory annual disclosures for related entities. By bringing crypto under financial market regulations, Japan aims to improve transparency, strengthen investor protection, and align digital …
RippleX has rolled out an important upgrade to the XRP Ledger with the official release of the XLS‑100 “Smart Escrows” documentation, and the crypto community is already calling it a turning point for programmable payments on XRPL. For the unversed, under the current system, XRPL escrows are simple and predictable: XRP can be locked until …
Some industry insiders speculate the crypto sector may be just one market cycle away from full-scale mainstream adoption.
XRP’s design leaves a smaller share of its supply exposed to future quantum attacks than Bitcoin’s, experts said, pointing to additional XRPL features that stand out.
The project said it did supply WLFI as collateral and borrowed stablecoins, but it is 'nowhere near liquidation.'
The Japanese Cabinet reclassified crypto as a financial instrument and will enforce insider trading bans and annual disclosure mandates for issuers.
Fidelity and Morgan Stanley’s Bitcoin ETFs also saw a combined $68.2 million in inflows, while four other Bitcoin ETFs also tallied inflows on Thursday.
A cryptocurrency analyst has pointed out how Zcash (ZEC) has broken above the resistance level of a Descending Triangle with its latest surge. Zcash Is Breaking Out Of A Descending Triangle In a new post on X, analyst Ali Martinez has talked about a technical analysis (TA) pattern that Zcash could be breaking out of right now. The pattern in question is a Descending Triangle, which is a type of Triangle. Related Reading: Bitcoin Surge To $72,000 Unleashes $470M Squeeze On Crypto Bears Triangles form whenever an asset observes consolidation between two converging trendlines. Like with other consolidation patterns in TA, the upper line of the channel is likely to be a source of resistance, while the lower one that of support. In the case of a Descending Triangle, the lower trendline is parallel to the time-axis. Thus, as the asset travels through this channel, its range shrinks with time to a net downside. Similar to the Descending Triangle, there is also the Ascending Triangle in TA, involving the opposite setup. In this pattern, the range goes up instead. Now, here is the chart shared by Martinez that shows the Descending Triangle pattern potentially forming in the 1-day ZEC price: As displayed in the above graph, Zcash was moving inside this channel earlier, but the sharp price surge over the past week has meant that it has escaped above the upper level. Currently, it’s still uncertain whether the breakout will sustain, but in case it does, it could prove to be a bullish signal. This is due to the reason that consolidation channel breakouts are generally treated as continuation signals. Thus, if the asset breaks resistance, it’s considered to be headed in the bullish direction, while it falling below support can foreshadow further bearish action. Based on the latest ZEC breakout, Martinez has put the $440 target. It now remains to be seen whether the breakout will hold and if Zcash will see a rally to this level. Related Reading: Cardano Whale Count Climbs To 4-Month High Amid Steady Accumulation ZEC isn’t the only altcoin that has seen the formation of a Descending Triangle. As the analyst has highlighted in another X post, DOGE has been stuck inside such a pattern on the 4-hour timeframe. From the chart, it’s apparent that the 4-hour Dogecoin price has been fast approaching the apex of the triangle, suggesting a breakout could occur soon. Based on the height of the channel, Martinez has noted that a 29% move could follow an escape from the pattern. ZEC Price Zcash has surged to the $316 mark following its sharp rally over the last few days. Featured image from Dall-E, chart from TradingView.com
A solo miner with around 70 TH/s of hashpower has mined Bitcoin block 944306 through Solo CKPool, earning 3.128 BTC worth about $222,000. Based on network difficulty, the chance of success for a miner this size is about 1 in 100,000 per day, which is roughly equivalent to once every 300 years. The rare win …
A crypto pioneer recently put two very different networks to the test: Pi Network and Bitcoin on Kraken. The goal was to compare how fast a real‑world transaction can settle on each system. The result was interesting as Pi Network transaction settled instantly on the Pi Blockchain, while the equivalent Bitcoin transfer took around 45 …
Solana failed to stay above $85 and corrected some gains. SOL price is now consolidating and might aim for another increase above $85. SOL price started a downside correction below $84 against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $82.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend losses if it dips below the $80 zone. Solana Price Remains Supported Solana price failed to stay above $85 and started a downside correction, like Bitcoin and Ethereum. SOL dipped below $84 and $83.50 to enter a short-term bearish zone. There was a move below the 50% Fib retracement level of the upward wave from the $81.42 swing low to the $85.89 high. The price even tested the $83 support. Besides, there is a bullish trend line forming with support at $82.50 on the hourly chart of the SOL/USD pair. Solana is now trading above $83 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $84 level. The next major resistance is near the $85 level. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $100 level. Downside Break In SOL? If SOL fails to rise above the $85 resistance, it could start another decline. Initial support on the downside is near the $82.5 zone, the trend line, and the 76.4% Fib retracement level of the upward wave from the $81.42 swing low to the $85.89 high. The first major support is near the $81.40 level. A break below the $81.40 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $76.50 support in the near term. Technical Indicators Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone. Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level. Major Support Levels – $82.50 and $80.00. Major Resistance Levels – $85.00 and $88.00.
Strong volume pushed price above $1.34, though weak fundamentals and overhead resistance continue to cap follow-through.
Market expert Sam Daodu has released a new April outlook for Bitcoin (BTC), flagging geopolitical developments and macroeconomic forces as the decisive factors for where prices may go next. Daodu’s note comes after Bitcoin ran into resistance just above roughly $72,000 and amid a market environment that has produced the asset’s first consecutive quarterly losses since 2022. Bitcoin Faces Unusual April Daodu pointed to Bitcoin’s historical tendency to finish April in the black: since 2013, the token has closed the month higher nine times out of 13, a 69% win rate. On paper, April looks generous — the average return sits at 10.7% — but that mean is skewed by a handful of outsized years (2013, 2018, 2019, and 2020), each with gains above 28%. Strip out those extreme outliers, and the average April return falls to a subdued 0.7%. More representative measures show Bitcoin’s median April gain at 7.1%, with the best April on record in 2013 (+36.8%) and the worst in 2022 (−17.2%). These historical ranges, Daodu says, demonstrate how much April outcomes depend on the broader macro backdrop. Related Reading: Adam Back Denies Being Bitcoin Creator In Response To NYT: ‘I Am Not Satoshi’ What makes April 2026 unusual, Daodu argues, is the dominance of external macro and geopolitical drivers that were largely absent in prior years. The ongoing US–Iran conflict has kept oil prices elevated — above $100 since early March — and the Federal Reserve (Fed) has revised its 2026 inflation forecast upward to 2.7%. Those developments have knocked back expectations for near‑term rate cuts and left markets braced for higher rates into the second quarter. Taken together, tighter liquidity and heightened geopolitical risk create a tougher environment for risk assets, including BTC. Under these conditions, Daodu warns, the usual early‑April dip and subsequent rebound are no longer assured. Rather, three key elements will determine Bitcoin’s future. Whether oil drops below $90 per barrel, whether monetary expectations ease, and whether the US-Iran ceasefire persists and leads to a lasting deal. Three Possible Paths Daodu lays out three price scenarios to quantify how those outcomes could play out. In his bullish case, a genuine ceasefire coupled with oil prices falling below $90 would significantly relieve macro pressure. That relief, he says, could allow Bitcoin to clear resistance above $75,000 and propel a run toward $80,000. Progress on the CLARITY Act — legislative movement expected to be marked up in late April — would add fuel to that rally by improving regulatory clarity for digital assets. Related Reading: JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats His base case envisions a more muted month. Persistent tax‑related selling in early April could cap gains and keep BTC trading between about $68,000 and $76,000. Without a clear catalyst, such as an end to the conflict, Bitcoin would likely consolidate in that band. The bearish scenario involves a breakdown of the ceasefire and renewed escalation. In that event, Daodu says Bitcoin could lose its nearby support around $69,000, trigger liquidations of leveraged positions, and see short‑term holders exit. That pressure could send BTC toward $65,000 or lower; the expert notes that Standard Chartered has warned of a deeper slump toward $50,000 if macro conditions deteriorate substantially. Featured image from OpenArt, chart from TradingView.com
The level that has capped every rally during the six-week war remains intact, with analysts saying $75,000 needs to break before the market enters a genuine bullish phase.
The AI company argued that such rules would force it to feed its AI chatbot Grok with data aligned with Colorado’s political views rather than striving to be “maximally truth seeking.”
The upgrade from flat fees to variable pricing is designed to support the use of AI agents for LLM inference, compute and data queries.
XRP price started a recovery wave above $1.3380 and $1.340. The price is now consolidating and might aim for a fresh move above $1.3550. XRP price started a recovery wave above the $1.340 zone. The price is now trading above $1.3380 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $1.3550 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $1.360. XRP Price Holds Support XRP price remained supported above $1.3220 and started a recovery wave, like Bitcoin and Ethereum. The price was able to climb above $1.3350 and $1.340 to enter a short-term positive zone. There was also a move above the 38.2% Fib retracement level of the downward move from the $1.3963 swing high to the $1.3222 swing low. However, the bears are active near the $1.350 zone. There is also a key bearish trend line forming with resistance at $1.3550 on the hourly chart of the XRP/USD pair. The price is now trading above $1.340 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $1.3550 level and the trend line. The first major resistance is near the $1.360 level. A close above $1.360 could send the price to $1.3680 or the 61.8% Fib retracement level of the downward move from the $1.3963 swing high to the $1.3222 swing low. The next hurdle sits at $1.380. A clear move above the $1.380 resistance might send the price toward the $1.3880 resistance. Any more gains might send the price toward the $1.40 resistance. Another Drop? If XRP fails to clear the $1.3550 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.3380 level. The next major support is near the $1.3220 level. If there is a downside break and a close below the $1.3220 level, the price might continue to decline toward $1.3120. The next major support sits near the $1.280 zone, below which the price could continue lower toward $1.2650. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.3380 and $1.3220. Major Resistance Levels – $1.3550 and $1.3680.
A dispute over stablecoin rewards — not sweeping disagreements about crypto itself — is what’s holding up one of the most significant digital asset bills in US history. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Banks And Crypto Firms Clash Over Stablecoin Yields At the center of the standoff is a narrow but contentious question: should third-party firms like Coinbase be allowed to pass stablecoin yields on to their customers? Banks say no, warning it could drain deposits from traditional financial institutions. Crypto companies say yes, arguing it’s essential to staying competitive. That single point of friction has stalled the CLARITY Act in the Senate for months, even as the Trump administration pushes hard for a vote. Treasury Secretary Scott Bessent went public Tuesday with a blunt message — Congress needs to move now, before Senate floor time runs out. According to reports, Bessent described the situation as urgent, saying “time is scarce, and now is the time to act.” He framed the legislation not just as a financial policy matter but as a national security concern, arguing that economic security and national security are one and the same. The U.S. Treasury Secretary is weighing in on the push to pass crypto market structure legislation in a new @WSJ op-ed.@SecScottBessent framed it as a national priority, saying “economic security is national security,” and argued the Clarity Act is the cornerstone to bringing… — Eleanor Terrett (@EleanorTerrett) April 9, 2026 Adoption Numbers Add Weight To The Push The case for urgency isn’t just political. Data shows that roughly one in six Americans already holds some form of digital asset. Major banks and financial institutions have either launched crypto-related products or applied to do so. Blockchain technology, according to Bessent, has worked its way into payments, settlements, and the trading of real-world assets at a scale that regulators can no longer ignore. The global crypto market swung between $2 trillion and $3 trillion in value over the past year alone — a range that reflects both the size and the volatility of the industry. That backdrop gives the push for a regulatory framework added weight, especially as traditional finance continues to wade deeper into the space. Senator Cynthia Lummis joined Bessent’s call, saying the conditions for passing the CLARITY Act are as good as they’ve ever been. “We have the administration, the momentum, and we’ve made bipartisan progress,” she said. A Senate markup of the bill is expected sometime in April, though similar deadlines have slipped before. Related Reading: Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For Upgrades White House Study Adds Fuel To Banking Debate A White House analysis recently found that the risk of deposit flight from allowing stablecoin rewards is, by its own description, “quantitatively small.” Under the GENIUS Act framework, stablecoin issuers are barred from paying yields directly. The CLARITY Act, however, would open the door for third-party distributors to do it instead. Some banking members pushed back on the White House findings, arguing the analysis overlooked key funding risks beyond deposit levels. Featured image from Getty Images, chart from TradingView
A new scheme from a StarkWare researcher works under existing consensus rules, offering an emergency fallback while BIP-360 awaits activation.
Most people who throw out a $1,000 XRP price target do it anonymously on social media. Dom Kwok did it on a podcast, with his name attached, and when the hosts pushed back he did not flinch once. Appearing on Rollup alongside his brother, Kwok said XRP could reach $1,000 over the next four to …
However, it could cost users between $75 and $150 per transaction in GPU computing power, limiting its practical use.
Ethereum price extended gains above $2,250 before it started a downside correction. ETH is now consolidating above $2,120 and might aim for a fresh increase. Ethereum started a decent upward move above the $2,220 zone. The price is trading above $2,180 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance at $2,225 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,140 zone. Ethereum Price Holds Uptrend Support Ethereum price remained stable above $2,165 and started a decent upward move, like Bitcoin. ETH price climbed above the $2,180 and $2,220 resistance levels. The bulls pumped the price above $2,250. A high was formed at $2,273 before the price started a downside correction. The price dipped below $2,220. There was a spike below the 50% Fib retracement level of the upward move from the $2,060 swing low to the $2,273 high. Ethereum price is now trading above $2,180 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,140, the price could attempt another increase. Immediate resistance is seen near the $2,200 level. The first key resistance is near the $2,225 level. There is also a declining channel forming with resistance at $2,225 on the hourly chart of ETH/USD. The next major resistance is near the $2,265 level. A clear move above the $2,265 resistance might send the price toward the $2,320 resistance. An upside break above the $2,320 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,400 resistance zone or even $2,450 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,225 resistance, it could start a fresh decline. Initial support on the downside is near the $2,165 level. The first major support sits near the $2,140 zone or the 61.8% Fib retracement level of the upward move from the $2,060 swing low to the $2,273 high. A clear move below the $2,140 support might push the price toward the $2,110 support. Any more losses might send the price toward the $2,060 region. The main support could be $2,020. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,140 Major Resistance Level – $2,225
XRP is 16% below its late-March high. The market is preparing for a decisive move. And while the price has been retreating, something beneath it has been moving in the opposite direction. Related Reading: Aave Breakdown Deepens With Supply Flooding Back To Binance. Learn What Triggered The Rush A CryptoQuant analysis tracking XRP’s exchange supply structure has identified a sustained, directional withdrawal that has been building for months. Binance’s cumulative XRP netflow has declined from approximately -$10.4 billion in mid-August 2025 to -$11.23 billion now — an additional $830 million in net outflows added to an already historically significant drain. The coins are not returning to the exchange. They are leaving, and they are staying left. That persistent withdrawal matters in direct proportion to the price weakness surrounding it. When XRP falls 16% from a recent high while exchange supply simultaneously contracts, the market is describing two contradictory realities at once: a price that is declining and a supply pool that is thinning. Both cannot reflect the same market indefinitely. Either the supply contraction eventually creates sensitivity to any new demand, or the price weakness eventually brings sellers back to the exchange and rebuilds the available float. The Supply Is Thinning: Conviction Has Not Arrived The derivatives data completes the picture that the netflow analysis started. Binance XRP open interest has held only slightly above $200 million since mid-February 2026 — a level that confirms speculative activity is present but does not confirm that leveraged traders have returned with the kind of aggressive, directional conviction that typically precedes a sustained move. The market is not empty. It is cautious. That distinction matters structurally. Open interest above $200 million means traders are active. Open interest staying barely above $200 million for two months straight means those traders have not escalated their positions despite the supply compression building beneath them. The participants who watch exchange flows and see coins draining from Binance are not yet translating that observation into leveraged bets on the upside. They are watching. They are not committing. The combined reading is the clearest available description of where XRP currently stands. Exchange supply is weakening — $11.23 billion in cumulative net outflows and still declining. Speculative appetite is muted — open interest flat near $200 million since February. A market with a thinning supply and absent leverage conviction is not a market waiting to explode. It is a market waiting for a catalyst — the arrival of either demand or conviction — that neither data point has yet confirmed. When one of those two conditions changes, the structure will resolve. The supply compression determines the magnitude. The conviction determines the direction. Related Reading: XRP Longs Keep Getting Crushed On Binance – Here Is What That Imbalance Signals XRP Stalls in Compression After Prolonged Downtrend XRP remains structurally weak, but short-term price action shows signs of stabilization. After a sustained downtrend from late 2025, the chart reflects a clear breakdown in February, marked by a sharp capitulation wick and a surge in volume. That event likely represents forced liquidations rather than organic selling, often associated with local exhaustion. Since then, XRP has entered a tight consolidation range between approximately $1.25 and $1.40. This range-bound behavior indicates compression, not strength. Buyers are defending the downside, but there is no evidence of aggressive accumulation pushing the price higher. Related Reading: A Key Bitcoin Signal Is Quietly Building While The Price Stays Flat: Here Is What to Watch Next The moving averages reinforce this view. XRP is trading below the 50-day (blue), 100-day (green), and 200-day (red) moving averages, all trending downward. This alignment confirms that the broader trend remains bearish across all major timeframes. Recent attempts to reclaim the 50-day average have failed, suggesting that momentum remains capped. Volume has also declined following the February spike, signaling reduced participation rather than renewed demand. This aligns with a market lacking conviction. Structurally, XRP is building a base, but without a catalyst, it remains vulnerable. A reclaim of the $1.50–$1.70 region is required to shift momentum. Until then, this is consolidation within a downtrend, not a confirmed reversal. Featured image from ChatGPT, chart from TradingView.com
Covenant AI claimed Bittensor's decentralization promise is false, citing 'punitive actions' from the network's co-founder, Jacob Steeves.