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#bitcoin #price analysis

The Bitcoin price rebounded from the local lows around $65,000 and began the weekly trade on a bullish note. Currently, the price has surged close to $67,500, forming an intraday high at $68,408 as market pressure has been fading since yesterday. The price continues to trade within a rising channel structure but seems to have …

#markets #news #bitcoin news

Rising U.S. real yields, especially on 10-year TIPS, pose a headwind to zero-yielding risk assets like bitcoin.

#latest news

KuCoin’s parent company will pay $500,000 to resolve CFTC charges, marking a fraction of the $300 million it previously agreed to pay the DOJ over similar charges. 

#latest news

Google has updated its estimates of the quantum computing resources needed to break elliptic curve cryptography.

#bitcoin #bitcoin price #btc #bitcoin bull market #btcusdt #crypto analyst #crypto analysts #bitcoin correction #bitcoin bear market #bitcoin bottom signal #crypto market correction

As Bitcoin (BTC) retests a crucial level after breaking down of a bearish pattern, an analyst has suggested that the flagship crypto’s final correction before the next bull market could start in the coming days. Related Reading: Ethereum Could Hit $40,000 And Beat Bitcoin, Standard Chartered Says Start Of ‘Final Washout’ Is Days Away In a Monday analysis, market observer Ali Martinez affirmed that Bitcoin’s final leg down before the next bull run could be around the corner based on the flagship crypto’s past cycle’s behavior. The analyst explained that historically, the crossover between BTC’s 50 and 200 Simple Moving Averages (SMAs) has marked the “‘absolute bottom’ of every major cycle since 2014.” Over the past 12 years, whenever these two lines crossed on the three-day chart, it has consistently signaled the start of the “final washout” before the next bull market begins. In 2014, 2018, and 2022, Bitcoin had already declined by 50%-72% from its cycle peaks when the 50- and 200-SMAs crossed. 23-33 days after the crossover, the cryptocurrency continued its correction, retracing another 45%-52% before bottoming. In 2022, “another lower low formed 156 days later, completing the bear structure and opening the door for the next bull market.” Now, Bitcoin has already seen a 52% correction from its October 2025 peak, while the SMAs crossed over on February 27. “As of today, we are exactly 30 days into this signal,” the analyst detailed, adding that “If history ‘rhymes,’ we are likely entering the Final Accumulation Window of this cycle within the next 3 to 6 days.” Martinez noted that while the final leg down could be intimidating, history has shown that the crossover is the “Golden Opportunity” for long-term investors. Based on its 40%-50% “resets,” the analyst suggested two main accumulation zones: the $40,000 and $30,000 levels. Structurally, this setup has historically aligned with the last major downside move before a generational macro bottom forms. (…) The countdown to the next vertical move has begun. Bitcoin Bear Flag Breakdown Confirmed? After closing the week around the $66,000 mark, Bitcoin has surged to the $67,000-$68,000 area to retest a crucial level from below. The flagship crypto has been trading between $62,000-$74,000 for nearly two months, developing a bearish formation during this period. Notably, BTC has formed a bearish flag pattern on the daily timeframe, retesting the formation’s lower and upper boundaries multiple times since early February. Following last week’s correction, the cryptocurrency retraced over 10% from its recent highs to a four-week low of $65,000 on Sunday. Related Reading: The Last Time Bitcoin Sentiment Was This Bad Was 2022, But There Was A Silver Lining Amid this performance, Bitcoin lost the lower boundary of its bear flag formation, risking a second leg down toward lower levels. Analyst Crypto Jelle noted that the cryptocurrency is currently retesting the formation from below after today’s bounce, which could confirm that the pattern’s support has turned into resistance if BTC price is rejected. In addition, the market watcher pointed out that the cryptocurrency’s bear market lows have historically formed below the Fibonacci 0.618 retracement levels, which could place BTC’s bottom below the $57,000 area. “Is this time different? Doubt it,” Jelle concluded. Featured Image from Unsplash.com, Chart from TradingView.com

#latest news

Dubai’s VARA has set formal rules for crypto exchange-traded derivatives, allowing retail access under suitability checks, margin controls and leverage limits.

#crypto news #short news

Google’s Quantum AI team, with researchers like Justin Drake and Dan Boneh, published a paper showing a significantly more efficient implementation of Shor’s algorithm that could threaten cryptography used by Bitcoin and Ethereum. The optimized method needs around 1,000 logical qubits (500,000 physical qubits) to solve the elliptic curve discrete logarithm problem, securing ECDSA signatures, …

#markets #news

Equity futures rallied and oil erased gains on the report, but the S&P 500 is on its longest losing streak since 2022 and MSCI Asia Pacific is heading for its worst month since 2008.

#law and order

The safe harbor proposal would allow 401(k) managers to offer crypto-linked funds with stronger legal protections.

#latest news

Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks.

#news #crypto news

The Digital Asset Market CLARITY Act is gaining traction again after U.S. lawmakers reached a tentative deal on one of its most debated issues, stablecoin yield. This development could clear the way for the bill to move toward a Senate hearing, marking a major step toward long-awaited crypto regulation in the U.S. According to updates …

#markets #bitcoin #token projects #companies #finance firms #public equities

The company said it plans to use the proceeds to invest in its core businesses and replenish working capital following recent mergers.

#news #policy #crime

Prosecutors say Jonathan Spalletta exploited smart contract bugs twice in April 2021, laundering funds through Tornado Cash and spending proceeds on rare collectibles.

#news #policy #crime #regulation

KuCoin operator Peken Global Limited cannot cater to U.S. users on its platform unless it registers as a foreign board of trade.

#law and order

The Uranium Finance indictment carries potential prison time of up to 30 years for fraud and money laundering counts.

#bitcoin #crypto #bitcoin price #btc #crypto market #cryptocurrency #bitcoin news #btcusdt #crypto news #cryptocurrency market news #btc news

The US Labor Department published a proposed regulation on Monday intended to give 401(k) participants access to alternative investments, including crypto assets such as Bitcoin (BTC).  The Employee Benefits Security Administration (EBSA) framed the rule as “historic,” saying it lays out a clear, process-driven framework that plan fiduciaries can follow when evaluating non-traditional assets for defined contribution plans. Safe‑Harbor Rules For 401(k) Considering Crypto At the heart of the proposal are safe-harbor procedures designed to guide plan managers through the selection of designated investment alternatives.  Under the rule, fiduciaries would be required to evaluate potential alternatives, addressing factors such as expected performance, fees, liquidity, valuation methods, appropriate performance benchmarks, and the complexity of the crypto assets.  The department emphasized that the rule is intentionally neutral with respect to asset classes: it does not endorse any particular type of investment but instead sets out a prudent process for review and selection. Related Reading: XRP Price Alert: Expert Predicts $0.80 On Bitcoin’s Potential Retreat To $60,000 The move follows President Trump’s executive order, “Democratizing Access to Alternative Assets for 401(k) Investors,” and represents an attempt to translate that directive into practical regulatory guidance, according to the statement on the matter.  Labor Department officials say the proposed rule returns the agency to a long-standing approach that focuses on fiduciary process rather than picking winners and losers among asset types.  “The department’s days of picking winners and losers are over. Our rule clearly spells out that managers must evaluate any and all potential product offerings by following a prudent process,” said Deputy Secretary of Labor Keith Sonderling. Treasury And SEC Back Labor Proposal The EBSA noted that the Biden administration’s 2022 compliance guidance — which effectively discouraged fiduciaries from offering crypto options — diverged from the Employee Retirement Income Security Act’s (ERISA) requirements, contributing to the limited uptake of alternatives in retirement plans.  The new proposal aims to remove that regulatory uncertainty by providing concrete, process-based protections for fiduciaries who choose to consider crypto investments. Officials from other agencies welcomed the initiative as part of a broader push to expand retirement investment options.  Related Reading: XRP Nears Key Turning Point As Descending Wedge Tightens Treasury Secretary Scott Bessent praised the Labor Department’s rulemaking as “another step in ushering in President Trump’s Golden Age,” saying the proposal seeks to broaden access to additional retirement options for “millions of Americans” while protecting retirement assets.  Securities and Exchange Commission (SEC) Chairman Paul Atkins also expressed support, noting that enabling Americans to participate in innovation and economic growth through diversified, long-term investments is important for retirement planning and that the SEC helped formulate the proposal. If finalized, the rule would provide plan fiduciaries with a structured path to consider crypto and other alternative assets without immediately exposing them to the compliance risks that had discouraged inclusion in recent years.  At the time of writing, Bitcoin was trading at $66,580, having failed to capitalize on moves slightly above $68,000 earlier on Monday.  Featured image from OpenArt, chart from TradingView.com 

#markets #news #bitcoin news

The findings suggest attackers could one day steal bitcoin mid-transaction, challenging assumptions that the threat is decades away.

#latest news

The proposed rule change seeks to enable Americans to invest in products like crypto that better reflect the current investment landscape, Labor Secretary Lori Chavez-DeRemer said.

#dogecoin #doge #dogeusdt #dogecoin descending triangle #dogecoin triangle

A crypto analyst has pointed out how Dogecoin has remained stuck in a Descending Triangle recently, decompression from which could potentially trigger a notable move. Dogecoin Has Continued To Coil Inside A Descending Triangle In a new post on X, analyst Ali Martinez has shared a Descending Triangle pattern that has recently been forming in the 4-hour price chart of Dogecoin. The Descending Triangle is a triangular consolidation channel from technical analysis (TA) that forms when an asset travels between two converging trendlines to a net downside. Related Reading: OG Bitcoin On-Chain Models Could Hint At $46,000-$54,000 Floor: Analyst A key feature of the pattern is that the lower trendline is parallel to the time-axis. Thus, as the price moves through the channel, the upper end of its range progressively gets smaller. Like other consolidation patterns in TA, the upper trendline of a Descending Triangle is also assumed to be a source of resistance, while the lower one that of support. A break out of either of these boundaries can imply a continuation of trend in that direction. The Descending Triangle is just one type of triangle that exists in TA. Another popular pattern is the Ascending Triangle, which involves the reverse case: a flat upper barrier and an ascending support line. Now, here is the chart shared by Martinez that shows the Descending Triangle that Dogecoin has been stuck inside on the 4-hour timeframe recently: As displayed in the above graph, Dogecoin has gradually been making its way down in the shape of the Descending Triangle over the last couple of months. The asset has retested both trendlines multiple times, but so far, it hasn’t been able to find a break. The analyst initially shared the pattern last week, but between then and now, not much has changed for DOGE, as it remains firmly trapped in the channel. In that last post, Martinez noted that this triangle could pave the way to a move of about 29% for the memecoin. Related Reading: XRP Open Interest Surges As Price Slides—More Volatility Ahead? Triangle breakouts are often assumed to lead to moves equal in degree to the height of the triangle; the DOGE Descending Triangle involved a swing of 29% between its highest and lowest points, hence the analyst’s figure for the breakout. Currently, it’s unclear when Dogecoin could escape the channel, but as is visible in the chart, the asset is slowly approaching the apex of the triangle. In this region, consolidation is tight, so breakouts can become more likely to take place. It now remains to be seen which direction the coin will exit the channel and whether any sustained move will follow. DOGE Price At the time of writing, Dogecoin is floating around $0.093, up over 2% in the last 24 hours. Featured image from Dall-E, chart from TradingView.com

#latest news

A report from Reuters earlier this month claimed that the SEC's former chief of enforcement clashed with agency leadership over cases involving those in Trump's orbit before resigning.

#news #crypto news #ripple (xrp)

When Teucrium launched America’s first XRP ETF, few anticipated the response. Within just 12 weeks, the fund pulled in $500 million, a remarkable figure for any ETF, let alone a crypto derivative product that doesn’t even hold physical XRP. “The XRP community is an army,” said Sal Gilbertie, Founder and CEO of Teucrium. “They’re willing …

#bitcoin #bitcoin price #btc #btcusd #btcusdt #xbtusd

Bitcoin price started a recovery wave above $67,000. BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,500 and $68,800 levels. Bitcoin Price Attempts Recovery Bitcoin price extended losses and tested the $65,000 zone. BTC formed a base above $65,000 and recently started an upside correction above $66,000. The price climbed above the $67,000 resistance zone. There was a break above a bearish trend line with resistance at $67,350 on the hourly chart of the BTC/USD pair. The bulls even cleared the 38.2% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. Bitcoin is now trading above $67,500 and the 100 hourly simple moving average. If the price remains stable above $67,200, it could attempt a fresh increase. Immediate resistance is near the $68,500 level or the 50% Fib retracement level of the downward move from the $71,985 swing high to the $65,030 low. The first key resistance is near the $68,800 level. A close above the $68,800 resistance might send the price further higher. In the stated case, the price could rise and test the $69,250 resistance. Any more gains might send the price toward the $69,500 level. The next barrier for the bulls could be $70,000. Another Decline In BTC? If Bitcoin fails to rise above the $68,500 resistance zone, it could start another decline. Immediate support is near the $67,200 level. The first major support is near the $67,000 level. The next support is now near the $66,200 zone. Any more losses might send the price toward the $65,500 support in the near term. The main support now sits at $65,000, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $67,000, followed by $65,000. Major Resistance Levels – $68,500 and $68,800.

#crypto #crypto news #crypto market analysis #crypto inflows #total #crypto stablecoin #binance inflows #binance stablecoin outflow

The crypto market has been under pressure for months. The selling has been relentless. And the world outside the chart is not making it easier. Top analyst Darkfost has published an assessment that places the current market environment in its full context: the geopolitical situation is deteriorating, not stabilizing. Despite announcements from the Trump administration suggesting a path toward de-escalation, the attacks and bombings have not stopped. The conflict is escalating. The consequences are spreading across every asset class without exception. Related Reading: An XRP Key Indicator Just Flipped Bullish — and Most Traders Are Not Watching It The damage is not limited to crypto. The 60-40 portfolio — the stocks-and-bonds allocation that has defined institutional risk management for decades and survived every major market stress of the past thirty years — is experiencing its worst performance since 2022. When the most robust mainstream strategy is breaking down, the environment for risk assets is not merely difficult. It is structurally hostile. Crypto has not been spared. But Darkfost notes something that the headlines are missing: relative to the scale of the macro dislocation, the crypto market has shown a degree of resilience over recent weeks that deserves attention rather than dismissal. That resilience is not a recovery. It is a signal worth watching in a market where most signals have been pointing in one direction for months. The Bleeding on Binance Has Stopped. What Comes Next Is the Question Darkfost’s on-chain data introduces the first constructive development in weeks. Amid the macro pressure and the sustained selling environment, Binance — the platform recording the highest trading volumes globally — is showing a clear increase in stablecoin inflows. The shift is measurable, dateable, and significant enough to warrant serious attention. The historical contrast makes the current reading more meaningful. On December 11, Binance recorded net stablecoin outflows of -$3.4 billion — capital leaving, liquidity contracting, the market voting with its feet. On February 15, that figure deteriorated further to -$6.7 billion, the largest single outflow reading in the period under review. Those two dates marked the depths of investor withdrawal from the platform. Today, the stablecoin netflow on Binance stands at +$2.4 billion. The direction has reversed. Capital that was leaving is now entering. The $9.1 billion swing from the February low to the current reading is not a footnote — it is the largest behavioral shift visible in the flow data this quarter. Darkfost’s qualification is precise and should not be dismissed: the signal is encouraging, but it needs to hold and build. A single positive reading is a data point. A sustained trend is a signal. The difference between the two is what the next several sessions will determine. Related Reading: Crypto Market Open Interest Hits $30 Billion, Highest Since January: Leverage Returns To The Market The Entire Crypto Bull Run Is Being Weighed Against a Single Support Level The total crypto market cap stands at $2.3 trillion, up 1.85% on the week — a candle that opened at $2.26 trillion, reached $2.32 trillion, and is holding above the week’s low of $2.25 trillion. The green candle is real. The context surrounding it is sobering. The macro picture requires no interpretation. Total market cap peaked near $4.05 trillion in January 2026 — the highest level in crypto’s history — and has retraced 43% over three months, erasing the entirety of the second half of 2025’s advance. The speed of that decline is as significant as its magnitude: what took eighteen months to build was unwound in twelve weeks. Related Reading: $2.3 Billion Ethereum Has Left OKX And Binance This Quarter: The Sell-Side Supply Is Thinning The weekly moving average structure tells the most important structural story visible on this chart. Price has broken below the 50-week MA and is now testing the 100-week MA — the green line, currently ascending through the $2.85–$2.9 trillion region — from well below it, having failed to reclaim it in recent weeks. Both the 50-week and 100-week MAs are now turning lower. The 200-week MA continues its long-term ascent near $2.1 trillion — the last structural support this chart offers and the level that has never been violated since 2023. Current level at $2.3 trillion sits in the gap between the 200-week MA below and the 100-week MA above. Reclaiming $2.85 trillion is the minimum requirement for any credible recovery argument. Until that level is reclaimed on a weekly close, the market remains in a confirmed downtrend on its most reliable long-term timeframe. Featured image from ChatGPT, chart from TradingView.com 

#policy #regulation #u.s. policymaking

The move follows Trump's August executive order directing the Labor Department to facilitate the inclusion of crypto in 401(k) plans.

#latest news

Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers' plane.

#news #crypto news #exchange news

Binance will unveil 24/7 perpetual futures trading in WTI crude (CLUSDT), Brent crude (BZUSDT), and natural gas (NATGASUSDT) on April 1.  The three contracts, all USD-margined and settled in USDT, will each have up to 100x leverage. The first two will represent 1,000 barrels of crude oil each, while the last will represent 10,000 MMBtu …

#ethereum #bitcoin #crypto #aave #trump #jup #crypto news #cryptocurrency market news #weekly crypto preview #iran #weekly crypto watchlist #hyperliquid

The week opens with crypto markets focused on the macro backdrop: while several protocol-level events are scheduled, developments around the Iran conflict and Fed signaling are likely to remain the dominant drivers. Reuters reported Sunday that the Pentagon is preparing for possible weeks of ground operations in Iran, though Trump has not approved those plans, and by Monday AP reported he was floating the idea of seizing Iran’s Kharg Island oil terminal even as diplomacy was still being discussed. Brent settled last Friday at $112.57, up 4.2% on the day. BREAKING: President Trump says the US is in “serious discussions with a new and more reasonable regime to end our military operations in Iran.” Trump also says that if a deal is not made, the US will “blow up and completely obliterate all of their electric generating plants, oil… pic.twitter.com/UAsFbQuWWF — The Kobeissi Letter (@KobeissiLetter) March 30, 2026 Powell is due to speak later Monday, March 30, at Harvard, where markets will look for any signal on how the Fed is assessing the current oil-driven shock. With the Iran conflict pushing energy prices higher, policymakers are facing a familiar trade-off between inflation risks and slowing growth. Related Reading: Crypto Prices Under Pressure As Bond Market Stress Overtakes Oil Shock As in recent weeks, macro developments are likely to remain the dominant driver for crypto. Any escalation in Iran or a shift in Powell’s forward guidance could quickly feed through into broader risk markets, including crypto assets. Crypto Events To Watch This Week In crypto land, the AAVE gets the spotlight this week. The project is set to activate Aave V4 on Ethereum mainnet. Aave V4 is already beyond the rumor stage and through the ARFC process, with the forum proposal laying out a “security-first” rollout, conservative risk parameters, and a narrower initial hub-and-spoke setup. For ETH, the calendar matters less as a one-day catalyst than as a sentiment and narrative checkpoint. EthCC[9] begins March 30 in Cannes and bills itself as the largest and longest-running annual European Ethereum event, running through April 2. The adjacent EthCC Week schedule also includes “The Agora” on March 31, an institutional forum focused on market infrastructure, operational efficiency, and capital deployment. JUP’s watchpoint is product expansion. Jupiter’s Offerbook is already in private beta, with registration open, and the pitch is unusually direct: “Onchain finance needs onchain credit. Time-based P2P loans, without price-based liquidations.” The product lets borrowers and lenders create fixed-term orders with customizable collateral, APR, loan size, and duration. Related Reading: Crypto Analysts Warn: Traders Misreading The Clarity Act Could Miss The Real Opportunity SUSHI is lining up a derivatives push. The official Sushi account has set April 2 for perps, while Sushi’s own site already shows a dedicated perps page telling users “Perps on Sushi Coming Soon” and collecting waitlist signups. That matters because perps remain one of the deepest and stickiest revenue arenas in crypto, and Sushi has been framing derivatives as a strategic priority since Sushi Labs outlined its roadmap. FTX is also back on the radar because cash is about to move. FTX Recovery Trust said it will begin its fourth distribution on March 31, totaling about $2.2 billion for eligible creditors in the convenience and non-convenience classes who completed the required steps, with funds expected via BitGo, Kraken, or Payoneer within one to three business days. The market question is straightforward: how much of that recovered capital, if any, makes its way back into crypto trading once claims are paid. Based, a Hyperliquid-powered DEX, will launch its token on March 30. The project confirmed its March 30 TGE on X, and KuCoin has already scheduled BASED/USDT trading for 10:00 UTC on Monday, with withdrawals opening a day later. KuCoin describes Based as a non-custodial DeFi “SuperApp” spanning crypto, equities, commodities, and spending rails. At press time, the total crypto market cap stood at $2.32 trillion. Featured image created with DALL.E, chart from TradingView.com

#market analysis

Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash?

#latest news

While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate.

#xrp #xrp price #xrp news #xrpusdt #xrp analysis #xrp price analysis #xrp holders #xrp supply

XRP is struggling at $1.35. The market is bracing for a volatile week. And quietly, the data on Binance is telling a story the price chart has not yet decided to believe. An Arab Chain report tracking supply dynamics on Binance has identified a reading that stands out against the current bearish backdrop: XRP’s scarcity indicator has reached 0.59 — its highest level since 2024. That number reflects something specific and consequential. The supply of XRP available for immediate sale on the platform is contracting, not expanding. Related Reading: An XRP Key Indicator Just Flipped Bullish — and Most Traders Are Not Watching It Coins are leaving exchanges. Investors are withdrawing to private wallets, locking positions for the long term, and removing liquidity from the market’s most accessible selling venue. The historical context sharpens the significance. This same indicator spent months in deeply negative territory — registering its worst readings during the periods of heaviest selling pressure and peak exchange inflows earlier in the cycle. The move into positive territory, and now toward a multi-year high, represents a behavioral reversal: the sellers who were flooding the market are stepping back, and the holders who are replacing them are not selling. XRP at $1.35 looks fragile. The scarcity data says the floor beneath it is quietly being reinforced. One of them will prove correct first. The Sellers Are Stepping Back. The Question Is Whether Buyers Are Ready to Step Forward Arab Chain’s behavioral read of the scarcity data is where the report becomes most consequential. A scarcity indicator climbing to its highest level since 2024 is not just a supply metric — it is a behavioral fingerprint. It reflects who is currently holding XRP and what they intend to do with it. The answer, according to the data, is that the short-term sellers who dominated earlier in the cycle are being replaced by a different category of participant entirely: long-term holders, accumulating quietly, withdrawing from exchanges, and removing their coins from the available sell-side pool. That shift has a name in market structure analysis. It is called an accumulation phase, and the scarcity index reaching a multi-year high is one of its clearest on-chain signatures. Short-term selling pressure is declining. Investor confidence, at least among those moving coins off exchanges, is increasing. The balance of the market is tilting toward buyers. The report is careful about what comes next. The accumulation thesis holds only if two conditions persist: overall market sentiment continues to improve, and exchange supply continues to contract. If both hold, the setup for a stronger price movement builds gradually but structurally. XRP at $1.35 is the price the market is offering. The scarcity data suggest fewer and fewer participants are willing to sell it there. Related Reading: Crypto Market Open Interest Hits $30 Billion, Highest Since January: Leverage Returns To The Market The XRP Chart Has Not Changed Its Mind. XRP is trading at $1.3510, up 1.75% on the day — a green candle that opened at $1.3279, reached $1.3669, and is holding modest gains into the afternoon session. On any other chart, a 1.75% daily gain would be unremarkable. On this one, it barely registers against the damage accumulated since July. The daily structure is unambiguous and has been for months. XRP peaked near $3.90 in late July 2025 and has traced a textbook descending staircase ever since — lower highs in August, October, January, and March, each rally sold into at a lower level than the one before. The February capitulation wick to $1.15, accompanied by the heaviest sell volume on the entire chart, established the floor the market is currently defending. That defense has held. It has not yet become a foundation. Related Reading: Unknown Wallet Buys $107 Million In Ethereum – Purchase Pattern Points To Bitmine All three moving averages confirm the structural damage. The 50-day MA has crossed below the 100-day MA — a death cross on the intermediate timeframe — and both are accelerating lower toward the $1.60–$1.80 region. The 200-day MA descends from approximately $2.10, so distant from the current price that reclaiming it is a medium-term ambition, not a near-term target. Today’s candle is constructive. The trend surrounding it is not. XRP needs a daily close above $1.45 to begin suggesting the post-capitulation range is building a base rather than forming a continuation pattern toward lower levels. Featured image from ChatGPT, chart from TradingView.com