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How XRP Meme Coins Can Help Grow Investors’ XRP Bags

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One way investors could use to grow their XRP bags is through XRP meme coins, but this approach could carry its own inherent risks.

The XRPL meme coin market has seen steady growth in recent months. Although the sector remains relatively small at around $50 million in total market cap, some investors see it as an early-stage opportunity.

Discussions have since emerged about how XRP meme coins can help traders grow their XRP holdings by leveraging AMM liquidity pools where most tokens are paired with XRP. This could allow investors to increase their XRP tokens when meme coins gain value relative to XRP during periods of demand.

Key Points

  • The XRPL meme coin market has grown due to easier token creation, but still remains small at about $50 million and lacks the mainstream attention seen on other chains.
  • Traders use XRP-paired AMM pools to grow their XRP holdings, as meme coin prices rise against XRP when demand increases.
  • Some meme coins have gained value even while XRP trades sideways or dips, and this allows holders to increase their XRP stack without buying more.
  • The broader XRPL ecosystem has a total market cap of around $418 million, with daily DEX volume reaching $8.5 million.
  • Meme coins make up roughly 10% of over 20,000 tokens but still drive a large share of trading activity after stablecoins.

Growing Activity in the XRPL Meme Coin Market

The meme coin space on the XRP Ledger (XRPL) has continued to grow in recent months, largely due to platforms like First Ledger that make it easier for users to create tokens. 

This ease of access has encouraged more activity across the ecosystem. However, the sector has not received the same level of attention that meme coins on Solana and BNB Chain attracted in the past. Despite the growth, the market remains relatively small. The total market value of all XRPL meme coins stands at about $50 million. 

This early phase has led to discussions within the community, with some investors looking at it as a chance to position themselves before wider adoption. Nonetheless, there are risks, as meme coins typically witness sharp price swings that can lead to losses as quickly as gains.

How Meme Coins Can Help Grow XRP Holdings

Interestingly, besides anticipating gains, some traders now see XRP meme coins as a way to increase their XRP holdings without directly buying more XRP if they enter positions at the right time and take profits gradually instead of holding for too long. Most believe the method can help grow XRP balances faster than simply holding the asset.

This idea works largely because of the liquidity structure. Most XRPL meme coins have pairings with XRP in AMM pools. When demand for a meme coin rises, its value increases relative to XRP, similar to how XRP gains value against the dollar when buying pressure increases. 

Recently, some meme coins have risen in value while XRP has moved sideways or even declined. In these cases, holders of those tokens have been able to increase their XRP holdings without buying more XRP directly.

Also, when XRP starts to rise again, meme coins priced in XRP often move up as well. This can lead to much larger percentage gains for meme coins during strong market moves. As a result, traders who enter early and take profits at the right time can come out with more XRP than they initially invested.

XRP Meme Coins Market Condition 

Currently, the XRPL meme coin market remains active but highly volatile. Most meme coins trade in pairs with XRP or stablecoins like RLUSD, and this allows them to follow XRP’s price movement while also gaining from community-driven demand.

The wider XRPL token market, including both stablecoins and meme coins, has a total market value of around $418 million. Daily DEX trading volume sits at $8.5 million. Meme coins make up about 20% of over 20,000 tracked tokens, yet they still account for a large share of trading activity after stablecoins.

Among the leading tokens, FUZZY holds a market cap of $13.2 million and trades at $0.000041. It has gained 6.6% in the last 24 hours and as much as 169.58% over the past week, with about $1.3 million in liquidity and around 6,100 holders. 

XRP Meme Coins XRPLto
XRP Meme Coins XRPLto

Meanwhile, PHNIX follows with a $3.8 million market cap and a price close to $0.0000065, rising 14.8% in a day and 45.19% over the week. ARMY has a market cap of $2.5 million, showing a 20.69% weekly gain. DROP sits at about $2.4 million in market cap with a price near $2.44, down 3.1% in a day but up 60.77% over the week. 

Inherent Risks to Consider

Meanwhile, the wider XRPL ecosystem continues to grow. The RLUSD stablecoin alone has reached a market cap of about $208 million, adding more liquidity to the network. 

Despite the opportunities, the XRP meme coin market still carries risks. Meme coins can rise quickly, but they can also fall just as fast. As a result, this assessment should not pass as investment advice. Anyone considering this market needs to do proper research and fully understand the risks before getting involved.

XRP Ledger Hits Key Milestones in Wallets, Transactions, and Tokenization

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The XRP Ledger (XRPL) is experiencing a surge in on-chain activity and adoption, with multiple key metrics reaching new milestones. 

XRPL’s latest metrics collectively paint a picture of a balanced, sustainable ecosystem. From wallet growth to rising transaction volume and tokenization expansion, the network’s latest data reflects increasing real-world usage and ecosystem maturity.

Key Points

  • XRPL surpassed 7.7 million non-empty wallets, reaching an all-time high in its 13-year history.
  • Active addresses on the XRP Ledger climbed to a five-week high of 46,767.
  • The network’s daily transaction volume also surged to nearly 3 million earlier this week.
  • Tokenized commodities on XRPL expanded sharply, rising from $111 million to $1.14 billion in 2026.

Recent XRPL Milestones

The XRP Ledger has been in the news for several positive reasons, including a spike in wallet growth and active addresses.

Non-Empty Wallets Hit ATH

The ledger surpassed 7.7 million non-empty wallets, setting a record high in its 13-year history. Notably, this milestone occurred during a prolonged market downturn that affected the crypto sector, including XRP.

Despite the bearish conditions, many investors see the dip as a buying opportunity, increasing their exposure to an asset widely viewed by proponents as a disruptor of the global financial system.

Sustained accumulation pushed wallet numbers to new highs, according to Santiment data. Since wallet growth often serves as a signal for user adoption, this record level signals continued onboarding despite market volatility.

Active Addresses Reach Five-Week High

Moreover, network activity also strengthened over the past week. Active addresses on the XRPL climbed to 46,767 on March 16, marking a five-week high.

This rebound follows a downturn in February, when XRP briefly fell below $1.20, prompting some investors to rotate into stablecoins. However, activity picked up again alongside a broader relief rally that pushed XRP above $1.50, aligning with the spike in active addresses.

Therefore, the increase reflects renewed user engagement rather than isolated activity.

XRP Ledger Hits 5-Week High in Active Addresses/SantimentTransaction Volume Nears 3M

In parallel, transaction volume accelerated significantly. Over the past week, daily transactions surged to nearly 3 million, with payments hitting a one-year peak of 2.7 million.

These figures indicate that XRP is actively used for transfers, trading, and enterprise-level applications.

XRPL Tokenized Commodity Surpasses $1.14B

Beyond core usage metrics, XRPL is also gaining traction in real-world asset tokenization. This year, tokenized commodities on the network expanded sharply from $111 million to $1.14 billion.

Consequently, XRPL has climbed to the second position behind Ethereum and now accounts for roughly 15% of the global tokenized commodities market, underscoring its growing role in bridging traditional finance with blockchain technology.

AMM Pools Spike to 27K

Furthermore, decentralized finance activity continues to deepen. The number of automated market maker (AMM) pools on XRPL spiked to approximately 27,000. At press time, this figure has risen further to 27,503 pools, collectively locking 12.52 million XRP, according to data from XRPScan.

As more pools come online, liquidity improves, spreads tighten, and participation broadens across both retail and institutional users. Indeed, these developments highlight a steadily expanding DeFi ecosystem on the network.

Majority of XRP Retail Would “Crumble” at This Q4 Triangle Crossroads: Analyst

XRP is approaching a critical technical juncture that could test investor conviction.

Analyst ChartNerd warns that most retail holders may struggle to endure what comes next before a potential long-term breakout.

At the time of writing, XRP trades around $1.45 after a recent push toward $1.60, maintaining short-term strength despite market uncertainty. However, new chart analysis suggests the path forward may not be smooth.

Key Points

  • XRP nears a critical Q4 “triangle crossroads,” testing retail investor conviction.

  • Analyst warns weaker hands may exit before a potential $10 long-term surge.

  • Gaussian Channel signals a possible pullback to $0.73 amid historical patterns.

  • XRP consolidates near $1.45, with major resistance at $1.80–$2.40 still intact.

Q4 “Triangle Crossroads” Signals Possible Shakeout

According to ChartNerd, XRP is moving toward a multi-year “triangle crossroads” formation, where long-term ascending support meets descending resistance.

This structure, visible on the macro chart, points to a decisive moment expected around Q4 2026. While such formations often precede major breakouts, the analyst cautions that a final shakeout could come first.

He suggests XRP could drop to the $0.70 to $0.80 range before any sustained expansion. In particular, ChartNerd argues for a 7X price surge toward $10 or higher after the $0.7 retest.

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The projected move implies a deep correction that could force weaker hands out of the market before a stronger bullish phase begins.

Gaussian Channel History Points to $0.73 Retest

In a separate analysis, ChartNerd highlighted a repeating pattern using the Gaussian Channel on the monthly timeframe.

Historically, every time XRP taps the upper Gaussian Channel (GC) regression band, it eventually retraces to the mid-band. In the current cycle, XRP has already touched the upper band but has yet to revisit the mid-level.

That mid GC band currently sits around $0.73, reinforcing the possibility of a deeper pullback.

The analyst noted that while March could still bring short-term volatility or upside, historical patterns suggest that “history often rhymes,” hinting that a correction phase may still be incomplete.

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XRP Resistance Levels Still in Focus

Despite the bearish warning, XRP’s recent recovery remains notable. The asset has rebounded strongly from earlier lows. However, major resistance zones at $1.80, $2.00, and $2.40 remain unbroken. Previous rejections around these levels continue to define XRP’s current structure.

Until XRP clears these barriers, analysts argue that downside risks, including a move toward sub-$1 levels, remain in play.

In the near term, XRP is consolidating under $1.50, showing signs of stability. This could lead to another breakout attempt if momentum builds.

Ultimately, XRP sits at a crossroads, one that could either confirm a bullish breakout or trigger the kind of correction that, as ChartNerd suggests, many retail investors may not be prepared to withstand. For context, a drop to $0.7 from the current level would mark a massive 51% drawdown.

Solana Price Outlook for Mar 19: $89 Support Zone in Focus as Oversold Signals Emerge

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Solana approaches a critical support zone with emerging oversold signals hinting at a potential short-term rebound.

Solana (SOL) trades for $89.2, down 5.19% over the past 24 hours, with a sharp decline visible on the daily chart from near $94.21 earlier in the session. The price has formed sustained red candles, pushing SOL toward the lower end of its recent range.

This comes amid elevated futures volume of $13.63 billion and spot volume of $844.88 million. Further, the market cap stands at $51.08 billion.

Despite the daily weakness, Solana shows modest short-term resilience with a 2.94% gain over the past week and a 3.10% increase in the last 30 days. However, longer-term performance remains challenged (down 25.47% in 90 days and 62.65% over 180 days).

What’s Next for Solana?

Solana is currently trading just above $89 on the daily timeframe after a clear pullback from recent highs near $94. The $88–$89 area now acts as the primary near-term support zone for Solana, where buyers have started stepping in to defend the price.

Solana Price Analysis
Solana Price Analysis

However, the price action reflects persistent short-term selling pressure and a lack of sustained upside conviction.

Technical indicators present a mixed but potentially constructive picture. The Awesome Oscillator sits at 6.238, remaining in positive territory with mostly green bars but showing recent red bars.

Meanwhile, the Connors RSI has dropped sharply to 29.38, entering deeply oversold territory, albeit recovering recently. This combination suggests the current downside may be overextended and could open the door for a short-term rebound if buyers defend key support levels around the current price zone.

Solana Open Interest

Elsewhere, Solana’s open interest has dropped significantly since early January 2026. It peaked at around $8.88 billion in mid-January when SOL price was near $146. The metric then fell along with the price, bottoming out near 4.8 billion in early February as SOL hit lows around $77.

SOL Open Interest
SOL Open Interest

In recent weeks (early to mid-March), open interest has started to recover modestly, climbing back toward $6 billion while the SOL price has stabilized and edged higher around the $90 area. This shows traders are slowly adding new positions again, which can signal growing interest. 

However, the overall level is still well below the January highs, meaning leverage and speculation remain much lower than earlier in the year.

Major Cardano Resistance Levels to Watch as Consolidation Comes to An End

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Cardano may have seen its worst days, as recent upward momentum suggests that the elongated consolidation is nearing its conclusion.

This position is notable because it offers a glimmer of hope to ADA holders, who have endured harsh market conditions. After nearly missing out on the concluding bullish market phase, Cardano has also corrected sharply from the cycle’s peak, undermining investor confidence. However, these dark days may be coming to an end.

Key Points

  • For about 45 days, the price of ADA has remained contained between support near $0.245 and resistance around $0.304, creating a tight consolidation.
  • During this 45-day period, ADA retested the $0.304 resistance level three times, suggesting that selling pressure at this level may be weakening.
  • A confirmed move above $0.304 would shift momentum to the bullish side, clearing the path toward higher levels around $0.338 and $0.376.
  • The 1.618, 1.272, 0.618, and 0.236 Fibonacci levels at $0.597, $0.725, $0.966, and $1.106 are the next major resistance levels of interest if $0.376 clears.
  • If Cardano fails to break through the upper resistance, the lower boundary near $0.245 remains the key area to watch

Prolonged Cardano Consolidation

A TradingView analysis from CoinCodex highlighted this trend. It emphasized that Cardano has spent several weeks moving within a narrow range, but the structure now appears to be approaching a breakout. For about 45 days, the price of ADA has been contained between support near $0.245 and resistance around $0.304, creating a tight consolidation that reflects a balance between buyers and sellers.

This prolonged sideways movement often signals a buildup phase, where pressure gradually increases before a directional move. With price now pushing closer to the upper boundary, attention is shifting toward whether this range will finally break.

Cardano Resistance Retest Signals Imminent Move

The repeated tests of the $0.304 level suggest that selling pressure at this zone may be weakening. During this 45-day period, ADA retested the zone three times. The first attempt was on February 15, when it peaked at $0.302.

It also retested this supply zone on February 25, rallying to $0.313 before being pegged back. Cardano’s last attempt was yesterday, when it reached an intraday high of $0.295, but bears stepped in again.

Although ADA has retraced 9% from that high, its persistent retest pressures this resistance zone. This type of setup typically leaves room for an eventual breakout and a consequent impulsive move, especially as the asset has already spent an extended period consolidating.

Defining Levels and Major Resistance Targets

CoinCodex cited an analysis from prominent chartist Ali Martinez, which highlighted that a confirmed move above $0.304 would shift momentum to the bullish side. Under this condition, the path toward higher levels around $0.338 and $0.376 becomes clear. Notably, these are areas where previous liquidity pockets exist.

A shared chart shows further upside target remains. The 1.618, 1.272, 0.618, and 0.236 Fibonacci levels at $0.597, $0.725, $0.966, and $1.106 are the next major resistance levels of interest.

Cardano Fibonacci Targets/CoinCodex
Cardano Fibonacci Targets/CoinCodex

On the other hand, if Cardano fails to break through the upper resistance, the lower boundary near $0.245 remains the key area to watch. Further price weakness would force a retest of the February 6 low of $0.220.

Looking at the broader context, the ADA price remains more than 90% below its previous cycle peak of $3.10, suggesting selling pressure may be nearing exhaustion. This backdrop often aligns with accumulation phases, where markets stabilize before attempting a larger move.

XRP “In Deep Trouble” Until It Breaks This Key Resistance

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XRP currently finds itself in “deep trouble” amid the ongoing downtrend until it recovers a crucial support level that has turned into resistance since January.

While XRP recently engineered a recovery campaign, chart data indicates that the ongoing downtrend continues to dominate the scene. Notably, the price remains below the pivotal $1.8 support area, now acting as resistance, and XRP still sits in “deep trouble” until it reclaims this level.

Key Points

  • XRP recently staged a recovery effort as the broader crypto market reacted to the Israel-Iran conflict, recovering above $1.5 before falling to $1.46.
  • Despite the latest upward push, chart data shows XRP still sits in “deep trouble” as it continues to record lower lows and lower highs.
  • XRP initially traded between a parallel channel with resistance at $3.45 and support around $1.8 when the ongoing downturn started in Q4 2025.
  • In January 2026, XRP eventually slipped below the channel, giving up the $1.8 support, and has remained below it since then.
  • Unless XRP recovers the $1.8 support, which has now turned to resistance, it remains “in deep trouble” despite recent gains.

XRP’s Latest Rebound Effort

This structure was highlighted in a recent market exposition by analyst Sjuul from the AltCryptoGems channel, as XRP faces a roadblock to its latest rebound effort. 

For context, after dropping to a low of $1.27 on Feb. 28 amid the initial reaction to the Israel-Iran conflict, XRP eventually recovered alongside the rest of the crypto market, soaring first to a high of $1.47 before pulling back to $1.32 on March 8. 

Bulls reignited the upward push after this low, with XRP recording seven intraday gains out of eight days from March 9 to 16, its longest bullish stretch since September 2025. During this period, XRP gained 14.9%, reclaiming the $1.5 level and closing March 16 at $1.54.

However, a further attempt to recover $1.6 earlier this week led to resistance at $1.6074, and has now resulted in a consistent pullback for XRP, as the broader market momentum loses steam. XRP now changes hands around $1.46, on track for its third consecutive intraday loss.

XRP “In Deep Trouble”

Commenting on the latest rebound attempt and the subsequent correction, Sjuul insisted that he still sees XRP “in deep trouble” once he zooms out. He shared data from the daily chart, which confirms that XRP traded within a large parallel channel throughout 2025 despite the struggles that began in Q4 2025.

XRP Parallel Channel Rjuul
XRP Parallel Channel | Rjuul

For context, this channel features a resistance trendline around $3.45 and a support trendline around $1.8. XRP largely traded between both trendlines throughout 2025. Data from the accompanying chart shows that XRP has been recording a series of lower lows and lower highs since hitting the all-time high of $3.6 in July 2025.

This has played into the ongoing downtrend that began in October 2025 and has pushed XRP below the $3 and $2 psychological levels. However, despite the turbulence, XRP remained within the parallel channel throughout 2025, holding above the pivotal $1.8 support level.

This changed in January 2026, when XRP closed below $1.8 at the end of the month. Since then, the price has failed to reclaim or even retest the $1.8 level, as it has flipped from support to resistance. It is against this backdrop that Sjuul insists that XRP remains in “deep trouble.”

Bullish Requirement and Downside Target

The market analyst also called attention to the bullish development that could help XRP slip away from the troubling phase and the downside target if this development fails to materialize. According to him, XRP must reclaim the $1.8 level and push back inside the parallel channel before it can invalidate the bearish bias.

Sjuul then highlighted a “no support zone” around $1.2 to $1.3, which XRP overcame during the November 2024 rally. Since then, XRP has respected this area, leveraging it as a cushion to bounce back during downturns. The analyst suggests the price could drop toward this level if XRP does not quickly reclaim $1.8.

Dogecoin Price Analysis for Mar 19: DOGE is Testing Lower Support as Futures Outflows Hit $87M

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Dogecoin faces mounting bearish pressure while testing lower support levels amid significant futures outflows signaling trader caution.

Notably, Dogecoin (DOGE) is changing hands at $0.0946, down 5.01% over the past 24 hours amid heavy selling pressure. The daily chart illustrates a sharp decline from near $0.10 levels earlier in the session.

Later, it formed a sustained red candle and pushed the price toward the lower boundary of its recent consolidation range.

However, DOGE has shown modest resilience with a 1.52% gain over the past week, though longer-term performance stays challenging (down 6.62% in 30 days and 43.88% over the year). This leaves traders watchful for signs of stabilization or renewed momentum if key support holds.

Dogecoin Price Prediction

Dogecoin is trading at approximately $0.0946 on the 4-hour timeframe and continues to display clear bearish momentum after failing to hold above the middle Bollinger Band. 

Dogecoin 4H Chart
Dogecoin 4H Chart

Price has broken lower and is now testing the lower band near $0.0937. Recent red candles highlight sustained selling pressure and a lack of immediate buyer conviction in the short term.

The Aroon Oscillator reinforces this downside bias, plunging to an extremely negative reading of 92.86. This deep negative value signals dominant bearish trend strength and minimal upside participation. 

Together, the breakdown through the Bollinger Bands and the heavily negative Aroon Oscillator point to ongoing short-term weakness. Limited reversal signals exist unless DOGE can reclaim the middle band around $0.099.

Dogecoin Futures Flows

Dogecoin futures flows have shown more money leaving positions than entering them recently, which means traders are pulling back from their bets.

Over the last 30 minutes, there was a net outflow of $5.84 million. In the past hour, the net outflow reached $13.16 million, and over 4 hours it climbed to $22.85 million.

Dogecoin Futures Flows
Dogecoin Futures Flows

The outflows continued in longer windows: $12.59 million net outflow in 8 hours, $11.79 million in 12 hours, and a much larger $87.48 million outflow over the full 24-hour period. Looking at the past 3 days, the total net outflow was $164.08 million.

Overall, these numbers suggest traders have been reducing their leveraged positions on Dogecoin during this time.

Bhutan Sells $72M Bitcoin Amid Ongoing Portfolio Reduction

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The Royal Government of Bhutan has transferred over $72 million in Bitcoin within 24 hours, extending its ongoing strategy of gradually reducing holdings amid evolving market conditions.

Key Points

  • Bhutan sold 973 BTC (~$72.3 million) in six transactions, continuing a steady sell-off of its Bitcoin reserves.
  • Druk Holding and Investments, the state-owned entity, manages the country’s digital asset portfolio.
  • Current holdings stand at over 4,400 BTC (~$322 million), down from a peak of 13,295 BTC in October 2024.
  • Sales align with Bhutan’s long-term development strategy, including plans to allocate 10,000 BTC toward infrastructure projects such as Gelephu Mindfulness City.
  • Bitcoin market conditions, including a drop from nearly $126,000 to $60,000 in late 2025, have influenced the timing and pace of sales.

Recent Transfers Reflect Ongoing Selling Pattern

In the past day, Bhutan moved approximately $72.3 million worth of Bitcoin, totaling more than 973 BTC across six transactions. These transfers were carried out by Druk Holding and Investments, the state-owned entity responsible for managing the country’s digital asset portfolio.

According to data from Arkham Intelligence, such activity is part of a well-established pattern rather than a sudden shift. Bhutan has consistently sold Bitcoin in smaller batches, typically ranging between $5 million and $10 million. However, the pace of selling began to accelerate in mid-to-late September 2025.

Earlier transactions reinforce this trend. For instance, on March 10, the Himalayan country transferred 175 BTC, valued at approximately $11.8 million.

Strategic Alignment With National Development Goals

Despite appearances, Bhutan’s Bitcoin sales are not merely reactive to market fluctuations. Instead, they align with a broader economic vision centered on long-term development.

The country has adopted a Bitcoin Development Pledge, linking its digital asset strategy to national growth objectives. In December, Bhutan revealed plans to allocate 10,000 BTC toward infrastructure projects, particularly the development of Gelephu Mindfulness City—a proposed special administrative region.

Even so, Bhutan retains a substantial reserve. The country still holds over 4,400 BTC, valued at more than $322 million, according to Arkham data.

Declining Holdings and Reduced Mining Signals

Nevertheless, Bhutan’s current holdings represent a significant decline from previous levels. The country’s Bitcoin reserves peaked at approximately 13,295 BTC in October 2024, followed by a steady drawdown.

At the same time, on-chain data suggests a shift in operational activity. Arkham reports no wallet inflows exceeding $100 million in over a year, leading to speculation that Bhutan’s Bitcoin mining operations may have slowed or paused.

This marks a notable change from earlier years. Throughout 2024 and 2025, Bhutan gained international attention for leveraging renewable energy to mine Bitcoin, while simultaneously building a strategic reserve and implementing crypto-friendly policies.

Market Conditions Influence Selling Activity

Additionally, market conditions have also played a role in shaping Bhutan’s actions. For context, in February, the country transferred 284 BTC worth more than $22 million. These sales coincided with a broader downturn in the crypto market.

That downturn followed a sharp correction after Bitcoin reached nearly $126,000 in October 2025. Subsequently, prices fell to around $60,000, representing a decline of more than 50%. As of this writing, Bitcoin is trading at $70,103, up 1% over the past week.

At its peak, Bhutan’s Bitcoin holdings were valued at over $1.6 billion, underscoring the scale of its earlier exposure and the significance of its ongoing portfolio adjustments.

XRP Wave 5 Targets New All-Time Highs, but This Needs to Happen

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XRP has held up nicely around a key price level, and a continued trend above it suggests massive bullish potential for the altcoin.

Despite XRP retracing considerably over the past few days, correcting 9% from its Tuesday high of $1.60, it remains above a major price area. This show of strength amid the market uncertainty could be the backbone for an impulse move higher.

Key Points

  • Despite XRP retracing considerably over the past few days, correcting 9% from its Tuesday high of $1.60, it remains above a major price area.
  • As long as the price holds above this zone, the long-term structure remains constructive.
  • A visible resistance area is forming around the $1.8 mark, and a sustained move into this area would indicate that momentum is building.
  • A chart shows that the current price action is part of a broader 5-phase Elliott Wave pattern, with XRP currently in the fourth wave.
  • The target for wave 5 is an upsurge to a new all-time high around $8, representing a 448% increase from the current price of $1.46.

XRP Strong Above Key Level

Hov, an Elliot Wave specialist, noted that XRP is showing signs of recovery after bouncing from its recent lows around $1.1, with price holding firmly above a key support zone. This area, which previously acted as a supply zone in previous cycles, is now serving as a base.

For context, an accompanying 2-week chart shows that XRP peaked around this area during the 2020/2021 bull market. The coin reached a high of $1.96 in April 2021 but faced strong selling pressure. Subsequent attempts to retest this higher in May 2021 failed, with XRP failing to close above $1.56. The persistent correction around this zone established it as a strong supply area.

XRP Holds Support/Hov
XRP Holds Support/Hov

However, XRP broke above this resistance in November 2024 and eventually peaked at $3.66 in July 2025. The altcoin has been correcting since then, dropping over 60% from the high to its current price. Yet it has not broken below the resistance-turned-support price range identified in the analyst’s chart.

The structure suggests that buyers are consistently stepping in around this demand zone, helping stabilize the price when weakness intensifies. This reaction has allowed XRP to stand strong above this key level, keeping bullish possibilities intact.

Next Resistance at $1.8 Crucial

Despite the ongoing pullback, XRP has respected the lower boundary of this range once again, reinforcing its importance as a support level. As long as the price remains above this zone, the long-term structure remains constructive.

Nonetheless, a visible resistance area is forming around the $1.8 mark. This zone aligns with the upper band of the support range, and the asset is gradually pushing back toward it. A sustained move into this area would indicate that momentum is building, but the reaction there will be critical.

5-Wave Structure Points to New XRP ATHs

From a broader perspective, Hov outlines a potential progression toward higher price zones if XRP sustains the trend above the current support level. The chart shows that the current price action is part of a broader 5-phase Elliott Wave pattern.

Presently, the structure is on its corrective fourth wave. The first wave completed when XRP hit a high of $0.93 in July 2023, and the second played out during the pullback to $0.38 in July 2024. Further, wave 3 pushed the coin to a high of $3.40 in January 2025 before the corrective fourth wave started.

As long as XRP holds above the current support area, it signals that the fourth wave is completing. This is crucial, as the analyst highlighted that the aim is to get the fifth bullish wave moving rather than ending up with just a 3-wave Elliott Wave pattern.

Meanwhile, the target for wave 5 is an upsurge to a new all-time high around $8, representing a 448% increase from the current price of $1.46. So far, the major catalyst remains in place, with XRP holding above the key support level.

Shiba Inu Forecast for Mar 19: Bearish Momentum Deepens with RSI Below 50 and MACD Sell Signal

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The bearish Shiba Inu momentum intensifies as SHIB’s RSI falls below neutral and MACD confirms a clear sell signal on shorter timeframes.

Shiba Inu (SHIB) is currently trading at $0.00000579, down 4.5% over the past 24 hours. The price experienced notable volatility with a sharp decline mid-session before recovering slightly and consolidating near current levels. SHIB traded within a 24-hour range of $0.000005723 to $0.000006084 with volume of $162 million, while its market capitalization sits at $3.41 billion.

The token posted a modest 1.2% gain over the past week but remains under pressure, down 11.3% in the last 30 days and 53.8% over the past year. The current chart structure reflects ongoing caution among traders despite decent trading activity. Where’s SHIB headed?

Shiba Inu Price Analysis

On technical charts, Shiba Inu continues to face downward pressure on the 4-hour timeframe, with price hovering just above $0.00000573. The chart shows clear bearish structure, as candles have failed to sustain above prior consolidation zones and are now drifting toward lower support.

Shiba Inu Price Analysis
Shiba Inu Price Analysis

Technical indicators reinforce the cautious outlook: the 14-period RSI has declined to 39.92, sitting below the neutral 50 level and trending lower. However, it has not yet reached oversold conditions. 

Meanwhile, the MACD exhibits a bearish crossover with the MACD line positioned below the signal line and the histogram deepening into negative territory. This signals sustained short-term selling momentum and limited near-term recovery potential unless buyers defend key levels aggressively.

Shiba Inu Liquidation Data

In addition, Shiba Inu’s derivatives market has experienced notable liquidation activity over the past 24 hours, with total rekt positions reaching $249.89K. The breakdown reveals an overwhelmingly one-sided picture dominated by long liquidations at $246.41K, while shorts accounted for only $3.48K in forced closures. 

SHIB Liquidation
SHIB Liquidation

This heavy imbalance highlights the pain inflicted on leveraged bulls during the recent price decline, with minimal short-side activity providing little counter-pressure. The pattern was even more pronounced on shorter timeframes. 

Both the 1-hour and 4-hour windows recorded around $38K in liquidations each, with 100% coming exclusively from long positions and zero short liquidations. Over 12 hours, total rekt reached $41.69K, again heavily skewed toward longs at $38.36K versus just $3.33K on the short side.