Invest ideasNews
24 May 2026, 07:00
XRP Confirms Negative Breakout With Price Headed For $1.14 – Analyst
Over the last week, the XRP market endured a dominantly bearish mood. During this time, the altcoin’s price declined by more than 5% amid general market struggles. A broader overview shows that XRP has remained range-bound between $1.29 and $1.55, with this range stretching back to February. However, recent technical developments on the daily chart pattern indicate an impending market sell-off to end this month-long consolidation and establish a deeper decline in this bear market. Related Reading: Analyst Highlights Ethereum ‘Kill Zone’ That Shows The Best Time To Buy XRP Break Below Symmetrical Triangle Tips Short-Term Loss In trading analysis, a symmetrical triangle is created when the price forms a series of lower highs (descending resistance line) and higher lows (ascending support line). These two trendlines converge, forming a triangle. This chart formation usually represents indecision and compression in the market, as buyers are stepping in earlier each time (higher lows) and sellers are stepping in sooner each time (lower highs). In an X post on May 23, Ali Martinez shares that XRP has broken out of a symmetrical triangle on its daily chart. The altcoin recently breached the rising trend line of this chart formation, which started in January. This means XRP is now below a key support level and is exposed to deeper downside targets. According to the seasoned analyst, an acceleration in selling pressure would likely pull XRP down to around $1.14, i.e., a 16.17% loss from current market prices. Related Reading: Dogecoin Mirrors Previous Mega Bull Trend — Is Another Parabolic Rally Next? XRP Market Glance – Whales Step Out Interestingly, the loss in XRP’s price and its latest bearish signal coincide with another concerning development. Martinez reports in a separate post that XRP whale activity is presently registering a major decline. In the last nine days, the number of large transactions (i.e., transactions over $1 million) has dropped from 157 to 67, representing a 57.3% loss. The analyst explains that such events usually mean that whales are stepping away as the market enters a compression phase expected to be marked by declining volatility. During this time, the current price range becomes accepted value as the market build support & resistance clarity. In addition, there would be an uptick in limit order activity, with liquidity deepening on both sides to eventually form a mature order book. However, compressions always result in expansion, the direction of which hinges on liquidity and whether these whales return as buyers or sellers. At the time of writing, XRP trades at $1.35 reflecting a gain of 1.1% in the last day. Meanwhile, the asset’s daily trading volume is up 4.23% and valued at $1.96 billion. Featured image from Pexels, chart from Tradingview
24 May 2026, 07:00
Uniswap drops below KEY support – Will UNI bears target $3.00 next?
UNI funding turns negative, traders favor shorts, while $302K inflows signal a looming sell‑off.
24 May 2026, 06:49
Bitcoin ETFs Bleed $1.2 Billion
U.S.-based spot Bitcoin exchange-traded funds (ETFs) just endured a brutal five-day stretch, shedding a staggering $1.2 billion in what marks their third most negative week on record.
24 May 2026, 06:30
Is Crypto a Security? The 2026 Guide to US Digital Asset Law (Part One)
This research report originates from a multi-part series titled Law and Ledger, which examines one of the most important and unsettled questions in digital-asset law: when, and under what circumstances, crypto falls within the reach of U.S. securities regulation. Written by: Michael Handelsman and Alex Forehand for Kelman.Law This research report contains five additional sections.
24 May 2026, 06:19
Ripple Breaking Out or Breaking Down? The Catch Behind XRP’s Latest Technical Shift
Ripple’s cross-border token made several breakout attempts to surge past the upper boundary of its consolidation range, but it was stopped at between $1.50 and $1.60 every time. Now, though, Ali Martinez claimed that XRP’s breakout has been confirmed. However, it’s not what the bulls expect and hope for. Breakout Confirmed? After spending months trading sideways mostly between $1.35 and $1.50, the popular altcoin’s latest breakout attempt came last week when it surged above the upper boundary and tapped $1.55. Analysts were once again convinced that its run had begun, but the reality was different. XRP was stopped immediately at that level and driven south to its starting point of $1.40 within hours. It nosedived once again on Friday and Saturday, alongside the rest of the market, amid rising fears that the ceasefire between the US and Iran might end soon with new attacks. XRP dipped below $1.30 for the first time since early April, marking a multi-week low, while the overall network usage showed a substantial decline. Ali Martinez’s new post on the token’s price performance came during this crash, saying “XRP is breaking out” as the token had breached the rising trend line of a symmetrical triangle on the daily chart. He predicted a further drop to as low as $1.14. However, the peace deal progress between the US and Iran pushed the entire market north in the following hours. XRP was no exception, as it jumped to $1.36. Nevertheless, it still trades below the lower boundary of the symmetrical triangle outlined by Martinez. They Disagree CRYPTOWZRD posted a different perspective on XRP’s price moves, indicating that it had actually closed bullish on the daily chart. However, they added that it needs to reclaim the $1.40 resistance before there’s a chance for a more profound rally. Fellow analyst CW brought up a chart demonstrating that the top traders on Binance have started to close their short XRP positions and replace them with longs. They concluded that whales “are ending their XRP bearish bets.” The long position ratio is increasing as Binance top traders holding shorts on $XRP close their positions. Whales are ending their $XRP bearish bets. pic.twitter.com/HnlGtzhlYR — CW (@CW8900) May 23, 2026 The post Ripple Breaking Out or Breaking Down? The Catch Behind XRP’s Latest Technical Shift appeared first on CryptoPotato .
24 May 2026, 06:15
Here’s why Near Protocol, Ondo, and Hyperliquid crypto tokens are rising
Top crypto tokens like Near Protocol (NEAR), Ondo Finance (ONDO), and Hyperliquid (HYPE) were among the top gainers today, May 24, as investors bought their recent dips. NEAR token jumped by 13%, while Ondo and HYPE jumped by over 10%. Near Protocol price jumps amid AI hype NEAR crypto token has been one of the best-performing coins in the crypto industry in the past few months. It has jumped by over 172% from its lowest point this year, mirroring the gains made by top AI tokens like Akash Network and Venice AI. Near token continued its rally recently as the developers launched confidential payments on its Near.com platform. This feature enables users to send crypto tokens in a private way that only the sender and the recipient knows. It has also launched some important AI models for its Near.ai platform. These features mean that Near is at the intersection of two of the fastest-growing industries in the crypto industry: AI and privacy. Hyperliquid price jumps as volume jumps Hyperliquid token has also done well in the past few days and is now hovering at its all-time high. HYPE’s surge has been driven by several key catalysts in the past few months. The first one is the fact that the recently launched ETFs have done well, with their combined inflows soaring to over $74 million. 21Shares’ THYP and Bitwise’s BHYP have added over $48 million and $40 million, respectively. These inflows mean that there is demand for the HYPE token as American investors bet on its fundamentals. The token also jumped as volume, and its open interest soared this weekend as traders traded crude oil and gold futures. Crude oil and gold volume jumped after President Trump announced a deal to reopen the Strait of Hormuz . Data shows that Hyperliquid’s volume soared to $6.2 billion in the last 24 hours, higher than Aster, ApeX Protocol, Lighter, and edgeX, combined. Hyperliquid has also made some major developments in the past few months. For example, it has become one of the most profitable players in the crypto industry, making over $850 million in the last 12 months. It is using this revenue to burn its tokens. Ondo Finance growth in RWA is accelerating Ondo token price has also jumped from a low of $0.2091 in March to $0.48 today. This rally has happened because of its strong fundamentals, including the growing demand for USDY and OUSG, which have continued to attract investors. https://twitter.com/OndoFinance/status/2057899491534242019 At the same time, Ondo Global Markets has continued to attract traders, with its total value locked (TVL) rising to over $1 billion. This product makes it possible for traders to trade tokenized assets like stocks and exchange-traded funds. ONDO price chart | Source: TradingView Technicals have contributed to the ongoing ONDO price surge. It has formed a cup-and-handle pattern, a popular continuation sign in technical analysis. It is now in the handle section, meaning that the token may continue rising in the coming days or weeks. The post Here’s why Near Protocol, Ondo, and Hyperliquid crypto tokens are rising appeared first on Invezz
