On-chain data from Glassnode’s #XRP Cost Basis Distribution Heatmap (CBDH) shows that a large amount of XRP could face selling pressure if the price recovers. Specifically, the XRP Cost Basis data reveals that approximately 2.5 billion tokens last changed hands around $1.61, which could create a potential resistance level whenever the price tries to rebound above current levels. XRP Cost Basis Heatmap Shows Supply Clusters For context, the Cost Basis Distribution Heatmap tracks the prices at which XRP last changed hands on the blockchain. When someone transfers XRP, the tokens take on a new cost basis based on the market price at that time. This helps show where holders acquired their tokens and which price levels could attract selling as the market recovers. With XRP currently trading at $1.30, Glassnode’s data shows that the largest supply cluster at press time sits between $1.6073 and $1.6235, where 2,528,195,406 XRP last changed hands. This is the largest concentration within a single price range on the heatmap, which makes it an important level to watch during XRP’s next recovery attempt. The Wall at $1.61 The XRP Cost Basis Heatmap shows that the tokens in this cluster last changed hands when XRP traded around $1.61. This activity coincided with a brief price surge on Sept. 25, when XRP reached $1.6288 before closing at $1.5680. The token recorded a 2.19% gain that day, but the price soon reversed and continued falling over the following weeks. XRP remained under pressure throughout October and reached a low of $1.2550 on Oct. 18. The price later rebounded to $1.40 three days afterward, but the recovery did not last. XRP fell back toward $1.30, leaving the 2,528,195,406 tokens acquired around $1.61 at an unrealized loss of approximately 19%. These losses could affect how holders respond if XRP begins to recover. Those who bought around $1.61 may prefer to hold their tokens instead of selling at a loss. However, if the price returns to their entry level, some could choose to sell and recover their initial investment. With more than 2.5 billion XRP concentrated around this price, those potential sales could create strong resistance. The cluster represents the largest supply concentration on the entire heatmap, and this makes $1.61 a key level XRP may need to break above before it can sustain a stronger recovery. XRP Cost Basis Reveals Heavy Wall Further Up The XRP Cost Basis data also identifies another large supply cluster between $1.8497 and $1.8683, where approximately 1.948 billion XRP last changed hands. This is the second-largest concentration on the heatmap and could create another challenge if XRP manages to move above $1.61. XRP last traded within this range on Jan. 29, when its price briefly climbed to $1.9106 before falling to $1.8055 by the close. The decline marked a 5.40% loss for the day. Selling continued afterward, pushing XRP down to $1.11 on Feb. 6 before the price began to stabilize. The time XRP has spent below $1.85 could also influence holders’ decisions. Investors who bought around this level have spent most of 2026 holding tokens worth less than their purchase prices. If XRP returns to this range, some may sell to recover their investments instead of risking further losses. This means the $1.8497-$1.8683 range could bring additional selling pressure. XRP would need strong buying demand to absorb those potential sales and continue rising after clearing the resistance around $1.61. Support Below the Current Price Below current prices, the XRP Cost Basis Heatmap shows fewer large supply clusters. No single cluster between the current price and $0.98 contains more than 1 billion XRP. This means the supply supporting the price below its current level is less concentrated than the supply that could create resistance above it. However, two clusters near $1.30 could offer some support in the short term. The first sits between $1.2889 and $1.3019, where 786,277,988 XRP last changed hands. Since this range is close to the current price, it could become an important area amid the ongoing pullback. Another cluster sits just below it, between $1.2760 and $1.2889, and contains 681,794,673 XRP. This range could provide a second level of support if XRP falls below the first cluster. #CryptoNewsFlash
"Cardano Price Could Fall to $0.14 as Elliott Wave Expert Flags Another Potential Bottom"
Elliott Wave analyst V has warned that #Cardano has yet to reach its final bottom, raising the possibility of another decline if ADA breaks below a key technical support level. V identified Cardano as a strong candidate for a cryptocurrency that could establish a new low. Notably, he emphasized that a breakdown below the lower boundary of its ascending price channel could strengthen this bearish outlook. Cardano Risks Falling to $0.14 V’s accompanying chart shows Cardano trading within an ascending channel since it reached a low of $0.1384 in June 2026. The pattern consists of two upward-sloping trendlines, with the lower boundary providing support during previous pullbacks. However, ADA has recently approached this lower trendline after retreating from the $0.28 region in early October. At the time of the analysis, it traded around $0.217, placing it near a critical support area. Moreover, V’s chart projects a potential decline toward $0.14 if ADA decisively breaks below the channel. He marked this level as “confirmation,” suggesting that a deeper correction could validate the bearish scenario. Despite this outlook, V indicated a willingness to buy ADA again if the cryptocurrency establishes another low. Previous Drop to $0.14 For context, Cardano last traded around $0.14 in late June 2026, when its price plunged to approximately $0.1384. Rising tensions within the ecosystem, including reports of founder Charles Hoskinson taking a short break from the project, contributed to the market uncertainty surrounding ADA. Cardano subsequently recovered from that low, climbing toward $0.28 this month before retreating alongside the broader cryptocurrency market. Although some market participants may believe ADA has already experienced the worst of its downturn, V’s analysis suggests that a breakdown below the ascending channel could trigger another decline toward the June low. Ali Martinez Also Warns of a Cardano Breakdown Meanwhile, V is not the only analyst anticipating further downside for Cardano. Market analyst Ali Martinez has also issued a warning that ADA could face a deeper correction. He noted that Cardano traded within a rising parallel channel from late June, climbing from $0.138 to a high of $0.282. However, he indicated that ADA had broken below the channel’s lower boundary following the token’s drop below $0.22, signaling that a correction could be underway. Martinez further identified $0.220 as a key resistance level. As long as ADA remains below that threshold, he projects that ADA could face a roughly 20% decline toward $0.166. In the meantime, it remains uncertain whether ADA could experience a significant downturn below $0.20. #CryptoNewsCommunity
#Ripple CTO David Schwartz Says Strong #XRPL Adoption Will Drive #XRP Demand and Value.
Schwartz believes strong adoption of the XRP Ledger (XRPL) in financial services will increase demand for XRP and support its value. He explained that XRP is needed to pay transaction fees and can act as a bridge currency, helping users transfer value between different assets. Schwartz also noted that even if Bitcoin becomes the main settlement asset, XRP could still benefit from activity on the network.
Schwartz argued that burning XRP transaction fees is not the main driver of its price, as the mechanism primarily helps prevent spam. Instead, greater network usage could strengthen XRP’s role in trading and liquidity.
"Crypto Price Analysis, BTC, XRP, NEAR, SOL and ZEC, October 24"
NEAR leads declines as Bitcoin and XRP momentum weakens. October 24 analysis tracks support, resistance and daily signals for BTC, XRP, NEAR, SOL and ZEC. Bitcoin RSI Slips as Price Approaches October Support Bitcoin closed Friday at $81,086.20, down 0.28%, after trading between $80,417.70 and $81,942.70. That followed Thursday’s fall from $84,022.50 to $81,315.90. Friday’s lower high and lower low show that the rebound from the October 15 trough has lost momentum. The 14-day Relative Strength Index, calculated with Wilder smoothing, slipped to 45.26 from 46.04. It has fallen back below the neutral 50 line after reaching 56.72 on Wednesday. The reading indicates weaker momentum without reaching the conventional oversold threshold of 30. The latest completed four-hour candle closed at $80,870.30, with RSI at 37.94. Short-term momentum was therefore weaker than the daily reading, and the early Saturday session had not recovered Friday’s closing price. A daily close above $81,942.70 would recover Friday’s high and improve the approach to $82,542.90, the October 21 low. Clearing that level would strengthen a move toward $83,339.10 and the recent $84,840 high. Conversely, a close below $80,417.70 would expose the October 15 low at $79,709. Losing that low would invalidate the rebound structure followed in this week’s reports. XRP Closes Below Support as Its MACD Gap Widens XRP closed at $1.29326, down 1.13%, after reaching $1.32950 and falling to $1.28051. The close moved beneath the $1.29391 support highlighted in Friday’s report. The day’s high also stopped just short of former support at $1.32990, leaving that area unrecovered. Daily MACD, using 12- and 26-period exponential moving averages with a nine-period signal EMA, remained bearish. The line stood at -0.03385 against a -0.02828 signal. Its histogram widened slightly to -0.00557 from -0.00539, ending the previous session’s modest narrowing of the bearish gap. This is a change in momentum strength, not a new line-signal crossover. The latest four-hour close was $1.28909. Four-hour MACD also remained below its signal, reinforcing the weak short-term picture. Friday’s closing price was 1.13% below the $1.30798 close discussed in the previous report. A daily close above $1.30798 would begin repairing the latest decline. Reclaiming $1.32950–$1.32990 would provide stronger confirmation, with $1.36865 next. A close below $1.28051 would expose the October 18 low at $1.25477. Losing that low would invalidate the current recovery base and bring $1.24610 into focus. NEAR Loses Its Shorter Trend Reference NEAR closed Friday at $4.6848, down 3.95%, after a $4.5816–$5.0075 session. The candle extended Thursday’s decline and traded below the October 18 low at $4.6156, although it recovered above that level before the daily close. That distinguishes the intraday support break from a confirmed closing breakdown. The 20-day exponential moving average declined to $4.9055 from $4.9288. Meanwhile, the 50-day EMA rose to $4.2611 from $4.2438. Price finished between the two, with the faster average still above the slower one. There was no new daily bearish crossover; the immediate weakness is the loss of the 20-day trend reference. Shorter-term conditions were also weak. The latest four-hour close at $4.6317 remained below both its 20-period EMA at $4.8999 and its 50-period EMA at $4.9664. That candle reached $4.5491, extending below Friday’s low before recovering. A daily close above $4.9055 and then $5.0075 would improve the recovery toward $5.3291–$5.4498. A daily close below $4.5491–$4.5816 would strengthen the breakdown toward the October 8 low at $4.2937 and the rising 50-day EMA. Losing both would weaken the broader trend position. The moving-average levels will change with subsequent closes. Solana Remains Below a Falling Bollinger Midpoint Solana closed at $102.71, down 0.80%, after trading as high as $105.13. Friday’s $101.61 low brought price back toward the October 17–18 support area at $101.00–$100.34. The decline followed a midweek recovery to $109.15 that has since failed to hold. Daily Bollinger Bands, calculated from a 20-day simple moving average and two population standard deviations, placed the midpoint at $108.851. It fell from $109.6945 the previous day. The upper and lower bands stood at $120.8553 and $96.8467. Price remains inside the envelope but below its falling midpoint. This describes a weak trend position rather than an oversold reversal signal. The latest completed four-hour close at $102.55 was also below its four-hour midpoint at $105.0415. A daily close above $105.13 would recover Friday’s high and improve the approach to $107.41. Clearing the daily midpoint near $108.85 and the October 21 high at $109.15 would offer stronger recovery confirmation. A close below $101.61 would expose $101.00 and $100.34. Losing $100.34 would invalidate the recent base and put the lower-band reference near $96.85 in focus; that band is dynamic rather than fixed support. Zcash Pullback Leaves Daily Ranges Elevated Zcash closed Friday at $1,180.86, falling 2.97% after a $1,154.52–$1,257.35 session. Its high and low were both below Thursday’s, extending the pullback from Wednesday’s $1,378.91 peak. The close also fell below Thursday’s $1,185.52 low. The 14-day Average True Range, using Wilder smoothing, eased to $122.94 from $124.48. That still represents approximately 10.41% of the latest closing price, showing that recent daily ranges remain large relative to price. ATR measures volatility and does not establish whether the next move will be higher or lower. The latest completed four-hour candle closed at $1,171.06, with four-hour ATR at $44.03. Price had not recovered Friday’s close, although it remained above the session low. A daily close above $1,217.03 would recover Thursday’s closing level. Clearing $1,257.35 would strengthen the rebound toward $1,337.75 and $1,378.91. A close below $1,154.52 would expose $1,117.08–$1,108.86. Losing the October 18 low at $1,047.63 would invalidate the broader rebound from that trough. #Crypto
Bloom Energy (NYSE: BE) shares traded near $209 in premarket trading Friday, extending the previous session’s losses despite the fuel-cell manufacturer’s stronger-than-expected third-quarter earnings and increased full-year guidance. The quarter also recorded a $27.1 million operating cash outflow. At that price, the stock was 4.06% below Thursday’s closing level of $217.77. Bloom released its quarterly results after the market closed on October 22. For the quarter ended September 30, Bloom generated record revenue of $1.24 billion, up 138.1% year over year and ahead of the approximately $1.06 billion consensus estimate. Adjusted diluted earnings reached $0.94 per share, $0.25 above analysts’ forecast of $0.69. Bloom raised its 2026 revenue guidance to $4.4 billion–$4.6 billion from $3.9 billion–$4.2 billion, with the revised midpoint representing 122% year-over-year growth. The company also lifted its adjusted earnings guidance to $3.10–$3.40 per share from $2.55–$2.85, surpassing Wall Street’s $2.71-per-share consensus. The results also showed continued growth in Bloom’s core equipment business. Product revenue increased 179.4% year over year to $1.07 billion, while adjusted gross margin expanded to 34.5% from 30.4%. Adjusted operating income reached $285.7 million, compared with $46.2 million a year earlier. On a GAAP basis, diluted earnings rose to $0.78 per share from a loss of $0.10. Bloom Chief Executive KR Sridhar said demand for reliable onsite electricity was expanding beyond large cloud-computing companies into other commercial and industrial markets. Chief Financial Officer Simon Edwards attributed the company’s third increase in its annual outlook to its year-to-date performance and customer demand.
"Cardano Maintains Clean Bullish Structure, but This Key Level Could Determine ADA Next Move"
Widely followed crypto analyst and AltCryptoCast founder Sjuul Follings has highlighted a key condition Cardano must meet to potentially establish a fresh higher high. Notably, Follings described #Cardano as having one of the clearest bullish market structures among major cryptocurrencies. His accompanying chart illustrates this pattern, while he stressed the importance of defending ADA’s latest higher low to sustain the upward momentum. Cardano’s Bullish Structure Hinges on $0.22 Support The daily ADA/USDT perpetual chart on Bybit shows Cardano forming a series of higher highs and higher lows since June 2026, reflecting a sustained upward trend. Notably, ADA established successive higher highs after pulling back to higher lows in mid-June, early July, and early August. The cryptocurrency subsequently climbed to a higher high near $0.25 on August 20 before retracing below $0.20. This pattern suggests that buyers have consistently stepped in at progressively higher price levels, helping ADA preserve its bullish market structure. However, Cardano must maintain this pattern to keep the uptrend intact. Follings emphasized that bulls need to defend the latest higher low near $0.22. Holding this support area could provide a foundation for another upward move. A Fresh Higher High Could Follow According to Follings, successfully defending the $0.22 support area could allow Cardano to resume its upward trajectory and establish another higher high. However, he did not specify a price target for this potential move. Nevertheless, another higher high would reinforce the existing bullish structure and suggest buyers continue to push the market higher. Conversely, a decisive break below the recent higher low could weaken the pattern and expose ADA to a deeper pullback. Therefore, the token’s reaction around $0.22 could help determine whether the uptrend continues or bearish pressure intensifies. ADA Sees Conflicting Price Predictions Meanwhile, Cardano continues to trade around the $0.21 support level amid heightened market volatility. At press time, ADA trades at $0.2169, down 0.7% over the past 24 hours. Notably, analysts Ali Martinez and Tony have warned of further downside risks. Martinez has identified $0.17 as a potential downside target, while Tony believes ADA could fall to $0.19. Despite these bearish projections, a recent analysis by The Crypto Basic suggests that Cardano could reverse its multi-year decline and rally toward $0.594. These differing outlooks highlight the uncertainty surrounding ADA’s next move. While Follings’ analysis points to the importance of defending the bullish structure, other analysts have warned that continued selling pressure could push the cryptocurrency lower. #CryptoNewsCommunity
"TCB Daily Edition: What Happened in Crypto on October 22, 2026"
October 22 brought a new financing partnership for the XRP Ledger, an interest-paying digital deposit from SoFi and expanded trading capabilities at Uniswap. The day’s announcements also included regulatory action against Coinbase Ireland, a major venture-capital rebrand and a governance decision at Starknet. Ripple and Arf Target Payment Firms’ Funding Needs Ripple and Arf announced a partnership to provide licensed payment companies with short-term financing in RLUSD through the XRP Ledger. The funding is intended to cover the period while international payments settle, with Arf’s financing typically repaid within one to five days. A later phase would use XRPL’s proposed native lending features once the required amendments are activated. SoFi Introduces a Tokenized Deposit Paying 4.40% APY SoFi unveiled SOFIE, a tokenized bank deposit offering a variable 4.40% annual percentage yield, with deposits eligible for FDIC insurance within applicable limits. Customers can exchange SOFIE for SoFiUSD at a one-to-one rate, then use the stablecoin for crypto purchases or transfers to supported external wallets. Access is being introduced to SoFi Crypto members in stages through November. Uniswap Expands Access to Liquidity From Other Exchanges Uniswap Labs activated aggregator hooks on Ethereum, Base and Robinhood Chain, allowing its trading system to draw on liquidity from external platforms. Seven sources are available initially through the web app and API, giving the system additional prices and trading routes to compare. Swaps using these connections also generate protocol fees that contribute to UNI token burns. Coinbase Ireland Receives €3.25 Million Penalty Ireland’s central bank announced a €3.25 million penalty against Coinbase Ireland for shortcomings in protecting customer funds and overseeing outsourced operations. The settlement was reached on October 21 and disclosed on October 22, with the sanctions still requiring High Court confirmation. Coinbase said it had corrected the issues and that customers had neither lost money nor been prevented from accessing their funds. Starknet Voters Support Research Into an Independent Blockchain A Starknet poll that closed on October 22 recorded more than 93.5% of voting power in favor of researching a transition from an Ethereum Layer 2 into an independent blockchain designed for post-quantum security. StarkWare plans to prepare a draft whitepaper for public review in November. Any actual network transition would require further governance approval. a16z Crypto Adopts the Frontier Name and Broadens Its Focus Andreessen Horowitz announced that a16z Crypto is becoming a16z Frontier as its new fund expands into a wider range of emerging technologies. Managing partner Chris Dixon identified opportunities around artificial intelligence, new computing devices and other businesses that may take years to develop. The firm said cryptocurrency investments and its work on crypto regulation will continue under the broader mandate. Dune Launches Faster Data Feeds for Onchain Markets Dune introduced a market-data service that delivers information about blockchain trades roughly one second after execution, according to its announcement. Its spot coverage spans more than 200 trading venues across 12 networks, while a separate feed covers perpetual futures on Hyperliquid and Lighter. The service supplies standardized trade details and links them to the underlying blockchain transactions. Fireblocks Rejects Report of Acquisition Talks With Visa Fireblocks disputed an October 22 Axios report claiming Visa was in advanced discussions to acquire the company for approximately $2.5 billion. In a response to The Block, Fireblocks said the reported talks were untrue at that time, while Visa declined to comment. The companies have announced no acquisition agreement. #CryptonewswithJack
"XRP Fails to Form 5-Wave Advance, Risk of Deep Pullback Grows"
XRP could face a deep price decline after failing to complete a five-wave rise, according to analyst More Crypto Online. He believes the likelihood of a larger decline has increased. In a recent post on X, the analyst said XRP failed to form the expected five-wave pattern. He is now watching to see whether the price forms a three-wave rebound, which would indicate a weaker recovery. More Crypto Online also noted that XRP is approaching the 61.8% Fibonacci retracement level of its latest rebound, increasing the risk of a deeper correction. According to CoinMarketCap, XRP is trading at around $1.31, down 1.3% over the past day and 18.5% over the past 30 days. XRP Approaches Key Fibonacci Levels The XRP/USD one-hour chart from MCO Global Research shows XRP trading at around $1.32082, close to the 61.8% Fibonacci retracement level at $1.30928. Other important levels to watch are $1.29295, $1.28590, and $1.27705. If XRP falls below its current support area, these levels could become the next downside targets. The chart also highlights $1.25 as an important price zone, with a broader support area between $1.21237 and $1.10623. Essentially, these levels indicate where XRP could find support if selling pressure increases. Can XRP Still Recover? The analyst is concerned about the structure of XRP’s recent rebound. In Elliott Wave analysis, a five-wave rise can signal a stronger upward move, while a three-wave bounce may indicate a weaker recovery. If XRP fails to form a stronger upward pattern, the risk of another price decline increases. However, holding above the nearby Fibonacci levels would help XRP sustain its recovery. A move higher would improve the short-term outlook, while a drop below these levels could expose XRP to further losses. In summary, as XRP trades near $1.32, the key question is whether its recent rebound can gain strength or whether another decline lies ahead. XRP Holders Urged to Focus on the Long Term While XRP holders grow frustrated with the cryptocurrency’s short-term price performance, prominent voices in the community are urging patience, citing historical price action. On X, Black Swan Capitalist co-founder Vandell Aljarrah reminded investors that XRP traded sideways for two years before its historic 2017–2018 rally. Specifically, he noted that XRP consolidated between $0.004 and $0.011 for 742 days before surging by 64,000%. However, some investors question whether XRP can repeat that performance. XRP is currently trading at around $1.32, which is 65% below its all-time high of $3.84. A 64,000% increase from here would push XRP to $845, a target many consider unrealistic in the short term. Nevertheless, Aljarrah’s central message is that prolonged consolidation does not necessarily rule out a major rally. He is encouraging investors to remain patient, noting that XRP also surged 700% in the 2024/2025 market season. #CryptoNews
Moderna (NASDAQ: MRNA) shares plunged more than 17% to $202.63 in Thursday’s regular trading session after detailed Phase 3 results for its personalized melanoma vaccine, developed with Merck (NYSE: MRK), emerged earlier than planned despite the treatment meeting key clinical goals. The experimental vaccine, intismeran autogene, combined with Merck’s immunotherapy Keytruda reduced the risk of cancer recurrence or death by 42% and the risk of distant metastasis (cancer spreading to other parts of the body) or death by 38% compared with Keytruda alone. The results appeared prematurely on the Oncology Central website before being removed. Merck and Moderna subsequently released the findings ahead of their scheduled conference presentation. Moderna shares fell more than 25% intraday, temporarily wiping approximately $24 billion from the company’s market value before recovering some losses by the close. The stock fell a further 6% in Friday’s premarket trading. Reuters reported that UBS analyst Michael Yee described the recurrence-free survival findings as solid but characterized the decline as an expected “sell-the-news” event after the stock’s substantial advance and elevated expectations.
Losing Patience in Bear Market is Novice Mistake:XRP Consolidated for 2 Years Before 119,000% Rally
#XRP consolidated for roughly two years before launching into a historic rally in 2017 and 2018. Vandell Aljarrah, co-founder of Black Swan Capitalist, called attention to this history in a recent post on X. He used it to urge investors not to lose patience during prolonged market stagnation. Aljarrah stressed that XRP’s historical price action is a reminder of how long consolidation can precede a major market expansion. “Losing patience during market stagnation is a novice mistake,” he wrote. He recalled how XRP consolidated for approximately two years before executing a 62,000% macro expansion phase in 2017 and 2018. XRP Historic Rally The accompanying XRP/USD weekly chart illustrates the extended trading range that preceded the rally. XRP spent roughly 742 days consolidating around the $0.004–$0.011 range before breaking out in 2017 and eventually reaching its cycle peak in January 2018. The chart’s measurement highlights the scale of the subsequent advance, showing a 630X price gain. Black Swan Capitalist Co-founder Revises XRP Rally Estimate Meanwhile, Aljarrah’s post prompted a discussion about just how much XRP gained during its historic run. One commenter argued that the rally was closer to 64,000%, measuring the move from approximately $0.006 to XRP’s all-time high of $3.84. Aljarrah responded that the percentage depends on the starting point and exchange used to determine the price. He argued that measuring from XRP’s 2014 cycle lows to its January 2018 peak produces a much larger gain of approximately 119,000%. Can XRP Repeat Its 2017–2018 Performance? Not everyone agreed that XRP’s previous rally offers a useful template for the current market. One commenter argued that today’s cryptocurrency market differs considerably from the 2017–2018 cycle. He cited the influence of market makers and alleged corruption as reasons not to expect a repeat performance. Another questioned XRP’s long-term value, arguing that its previous rise from fractions of a cent to several dollars had not translated into comparable subsequent price appreciation. These concerns highlight doubts about whether XRP’s past price patterns can predict its future, given how much the crypto market has changed. XRP is currently trading at $1.34, up 2.6% over the past 24 hours, according to the CoinMarketCap data provided in the report. At this price, XRP remains approximately 65% below its previous peak of $3.84. A 62,000% increase from its current price of $1.34 would push XRP to approximately $832. Many analysts consider such a price target unrealistic in the short term, although they may view it as a possibility over several decades. Ultimately, Aljarrah’s argument rests on the idea that patience is important during prolonged periods of limited price movement, as recovery phases may eventually follow. For context, XRP recorded a price surge of nearly 700% during the 2024–2025 market cycle. #Crypto
"XRP Nears Fourth Correction After Two Previous Cycles Led to Strong Rallies"
Analyst EGRAG has suggested that #XRP is approaching a fourth corrective stage that preceded bullish price expansions in two previous market cycles. In a post on X, the analyst compared XRP’s two-week chart across three periods: 2018–2020, 2021–2024, and 2025–2026. He argued that the price action appears to be repeating a historical pattern, although the current cycle has yet to confirm the anticipated reversal. XRP is trading at $1.33, up 2.45% over the past 24 hours but down 6.61% over the past month, according to CoinMarketCap data. XRP Repeats Historical Pattern EGRAG’s analysis identifies four corrective stages in the 2018–2020 cycle before XRP’s subsequent bullish expansion. He also highlights a similar four-stage structure between 2021 and 2024, which preceded another major price advance. The analyst is now examining whether XRP’s 2025–2026 price action is approaching a comparable fourth stage. The two-week chart shows XRP declining from its 2025 highs as it moves toward a cluster of technical levels around $1.06 to $1.25. EGRAG’s latest setup marks the fourth stage near the descending trendline. The next move depends on whether the token can regain bullish momentum. However, the analyst stressed that the fourth stage is not confirmed until the chart structure reverses and bullish momentum returns. The historical comparisons therefore represent a potential scenario rather than confirmation that another breakout is imminent. XRP 100 SMA and 200 SMA Define Key Support Levels Meanwhile, EGRAG identified the 100-period simple moving average (SMA), shown in cyan, and the 200-period SMA, shown in red, as key levels to monitor on the two-week chart. The chart places XRP near $1.30, with the 100 SMA around the $1.06 region and the 200 SMA near the lower end of the support zone. These moving averages will determine whether the current correction is stabilizing or extending. Specifically, EGRAG identified $1.06–$1.25 as a support range. If XRP loses this area, the next downside level in his analysis is $0.92, corresponding to the 0.618 Fibonacci level marked on the chart. EGRAG’s XRP Price Targets Stretch From $1.67 to $31.87 Meanwhile, on the upside, EGRAG’s Fibonacci roadmap identifies $1.67, $2.40, and $3.57 as successive price levels to watch. The $1.67 area represents the first major milestone in the analyst’s roadmap. A move toward $2.40 would mark a stronger recovery, while $3.57 sits near the previous major peak region shown on the chart. Beyond those levels, EGRAG’s macro-expansion projections extend much higher, with targets at $9.36, $15.47, and $31.87. Notably, these are longer-term projections, not near-term price expectations, and the chart does not show that XRP will reach them. But at the moment, XRP needs to maintain support between $1.06 and $1.25 to reverse its declining structure. Until that happens, EGRAG’s proposed fourth stage remains a developing technical setup. #CryptoNewsCommunity
"Cardano Higher Price Targets, as ADA Monthly Setup Puts $0.594 Pivot First"
#Cardano Monthly Chart Shows ADA Rebounding From Major Support as $0.59 Pivot Comes Into Focus. Cardano is attempting to recover from one of its most important long-term support areas after ADA briefly fell toward the low-$0.13 to $0.15 region in June 2026. The monthly chart shows price back near $0.22, but the broader structure remains under pressure, with ADA still trapped beneath a multi-year descending resistance line and well below the $0.594 pivot needed to strengthen a larger recovery. The Binance ADA/USDT monthly candle shown on the chart opened at $0.2465, reached a high of $0.2824, and fell as low as $0.2111 before trading around $0.2232. That leaves the candle down roughly 9.5%. Despite the latest weakness, the more important development sits underneath price. ADA recently tested the lower portion of its long-term structure and has so far avoided breaking the major support established around the $0.13-$0.15 region. ADA Is Still Inside a Multi-Year Descending Structure The larger chart remains defined by lower highs. A descending resistance line begins around Cardano’s 2021 peak above $3 and continues through subsequent cycle highs. ADA’s 2025 recovery toward roughly $1.20 failed beneath this broader structure, after which price resumed its decline. A second falling trendline underneath price forms the lower boundary of the structure. ADA recently approached this area before rebounding, leaving the current move looking more like an attempt to establish a long-term floor than a confirmed trend reversal. For bulls, holding above the $0.13-$0.15 area is therefore important. Another sustained move below that region would expose the lower boundary and weaken the current base. $0.594 Is the First Major Recovery Pivot The chart’s traditional pivot levels provide a clear roadmap above current price. The central pivot sits at $0.594. From $0.2232, ADA would need to gain roughly 166% just to reach that level. That shows how much technical damage still needs to be repaired. Above $0.594, the chart identifies: R1: $0.9141R2: $1.495R3: $1.815R4: $2.135R5: $2.456 These are not immediate price targets. They are progressively higher pivot resistance levels that would only become relevant if ADA first builds a durable recovery and breaks through the descending macro resistance. The $0.91 area is especially notable because it overlaps with a region that previously attracted significant price activity. Beyond that, $1.49 would mark a much larger recovery into the upper half of the long-term range. Momentum Is Improving, but Not Yet Bullish ADA’s monthly RSI is around 40.9, slightly below its accompanying average near 41.8. That keeps momentum below the neutral 50 level, showing that the broader trend has not yet turned convincingly bullish. The Stochastic RSI offers a slightly more constructive signal. Its readings sit around 22 and 15, with the indicator beginning to turn higher from the lower end of its range. That can accompany an early rebound, but price confirmation is still required. The volume profile also shows substantial historical activity below current price, particularly across the lower price bands, reinforcing the importance of the broader base. For now, ADA’s monthly setup remains a support-recovery story rather than a breakout story. Holding the low-$0.10 support area would preserve the possibility of a larger bottom, while reclaiming $0.594 would be the first substantial sign that the multi-year decline is beginning to reverse. #CryptoNewss
Space Exploration Technologies (NASDAQ: $SPCX) Jumps 9.66% as Quarterly Profit Reaches $4.4 Billion and Merger Review Begins
SpaceX shares rose 9.66% to $162.06 in pre-market trading after the company reported its first quarterly profit since its June public listing. Third-quarter net income reached $4.4 billion, compared with a $541 million loss in the previous quarter, while revenue surged 161% year over year to $14.58 billion. Its Super Intelligence division generated $7.56 billion in revenue, accounting for nearly 52% of the total.
CEO Elon Musk also confirmed that independent committees at SpaceX and Tesla are evaluating a possible merger, although no terms have been agreed and the deal is not guaranteed. Musk highlighted potential cooperation in AI, chip design, robotics, and connectivity. Meanwhile, SpaceX projected first-quarter 2027 revenue of $33 billion to $37 billion, while rising investment in computing infrastructure is expected to drive higher capital spending.
"ADA Risks Falling to $0.19 After Resistance Rejection"
Widely followed crypto analyst Tony has predicted that Cardano could decline toward $0.19 after failing to break above a key resistance level. In his latest update, Tony warned that Cardano could be gearing up for a move toward $0.19 following ADA’s rejection above the $0.23 resistance zone. His chart suggests that the token has struggled to sustain its recovery, raising the possibility of another decline. At the time of the projection, ADA had fallen below $0.22 as the broader cryptocurrency market faced renewed selling pressure. ADA Chart Highlights Potential Retest of $0.19 Support The accompanying daily ADA/USDT chart on Bybit shows that Cardano rallied from around $0.14 in late June to $0.28 in early October. However, the recovery lost momentum after ADA encountered resistance near the $0.28 region. The token subsequently reversed lower, breaking below $0.23 and extending its decline toward $0.2174 in the hours leading up to press time. Consequently, the $0.23 zone has become a key resistance level that ADA must reclaim to strengthen its recovery prospects. Against this backdrop, Tony’s projection points to a potential decline toward horizontal support around $0.19 before another recovery attempt. The white arrows on his chart illustrate a possible move below this support area, followed by a rebound toward $0.22. Nevertheless, the chart outlines a potential scenario rather than a confirmed price movement. If selling pressure pushes ADA decisively below $0.19, the token could face further downside. Conversely, a rebound would depend on renewed buying pressure and the market’s ability to sustain a recovery. Cardano Leveraged Traders Suffer $480K in Liquidation Meanwhile, Tony shared his outlook as Cardano faced selling pressure amid a broader cryptocurrency market downturn. The weakness has also affected leveraged traders, with more than $160 million in leveraged positions liquidated across the market over the past 24 hours. Cardano accounted for $480,000 in liquidations. Long positions made up roughly $423,060, while short positions accounted for about $57,350. This breakdown indicates that bullish traders absorbed most of ADA’s liquidation losses during this period. At the time of the report, Cardano ranked as the 15th-largest cryptocurrency, with a market cap of $7.95 billion. With ADA trading below $0.22 and facing resistance around $0.23, traders will be watching whether the token continues its decline toward the $0.19 support zone highlighted in Tony’s analysis. #CryptoNews🚀🔥V
CoreWeave shares fell 4.17% to $58.57 in Tuesday’s premarket trading after HSBC maintained its Reduce rating and $39 price target, implying 36.5% downside from Friday’s $61.39 close. The bank warned that rising borrowing costs and weaker AI computing demand could pressure profitability. The stock had already dropped 25.2% last week, while Monday’s trading volume reached about 101 million shares, more than three times its three-month average.
HSBC estimates CoreWeave’s 2027 annual revenue per megawatt at $12 million, below the $17 million–$18 million projected for larger cloud providers. However, Goldman Sachs upgraded the stock to Buy, arguing that investors may be overstating financing risks and underestimating future returns. CoreWeave reported a $104.2 billion revenue backlog as of June 30, excluding more than $25 billion in additional net customer commitments secured early in the third quarter.
Cerebras Systems (NASDAQ: $CBRS) Stock Falls 3.46% as TD Cowen Cuts Price Target by $100.
Cerebras shares fell 3.46% to $116.48 in Tuesday’s premarket trading after TD Cowen cut its 12-month price target from $275 to $175 while maintaining a Buy rating. The stock lost about 15.1% over two sessions and traded below its $185 IPO price. Despite the reduction, TD Cowen’s revised target remains roughly 50% above the premarket price.
The cut comes amid questions about Cerebras’ role in powering OpenAI’s latest high-speed AI service. SemiAnalysis reported that GPT-6.1 Sol Ultrafast runs on Nvidia GPUs, but neither company has confirmed the hardware supplier. OpenAI has committed to purchasing 750 megawatts of Cerebras computing capacity through 2028, while Cerebras reported $25.4 billion in remaining performance obligations as of June 30.
"Crypto Price Analysis, BTC, ETH, SOL, AERO and ONDO, October 20"
Bitcoin holds near $82,000 as Ethereum lags and Solana, Aerodrome and Ondo edge higher. October 20 analysis tracks key support, resistance, and daily signals. Bitcoin’s MACD Improves Without a Bullish Crossover Bitcoin closed October 19 at $81,843.70, down 0.19%, after reaching $83,100. The session traded above the $82,538–$82,826 resistance area identified in Monday’s report but failed to hold above it at the close. That was an intraday move through resistance, not a confirmed daily breakout. Daily MACD, using 12- and 26-period exponential averages with a nine-period signal EMA, remained bearish. Its line fell to −10.68 against a 393.08 signal. The histogram improved to −403.76 from −456.84, indicating a narrowing gap between the lines rather than a bullish crossover. The MACD line also crossed below zero on the completed candle. The latest completed four-hour histogram was positive at 73.83, showing stronger short-term momentum than the daily reading. CoinGecko’s quote was nevertheless 0.50% below Monday’s $82,428 report snapshot, a separate comparison from its rolling 24-hour change. A daily close above $83,100 would strengthen a recovery toward $84,049–$84,250, the cluster of October 12–14 highs. Losing $81,648 on a daily close would weaken the latest rebound and expose $80,568. A close below the October 15 low at $79,709 would invalidate that recovery structure. Ethereum’s RSI Remains Below Neutral Ethereum closed at $2,405.43, slipping 0.09% after a $2,382.78–$2,443.70 session. The daily chart remains below the October 16 high at $2,490.84 and the earlier $2,527–$2,535 resistance area, leaving the broader October pullback intact. The 14-day RSI, calculated with Wilder smoothing, eased to 37.87 from 38.03. It remained below the neutral 50 line without reaching the conventional 30 oversold threshold. This points to weak momentum, not a standalone signal that a rebound is due. Four-hour RSI was firmer at 47.54 but also below neutral. Ethereum’s aggregate quote was 0.60% below the $2,425.66 snapshot in the October 17 edition. The earlier downside reference at $2,313.42 remains intact, although subsequent sessions have not produced a sustained recovery. A daily close above $2,443.70 would improve the immediate structure and bring $2,490.84 into focus. Clearing that second level would strengthen the case for a test of $2,527–$2,535. Conversely, a close below $2,382.78 would expose $2,354.01 and $2,326.25. Losing $2,313.42 on a daily close would invalidate the developing base. Solana Rebounds Beneath Two Falling Averages Solana gained 0.89% on its completed daily candle to close at $104.95. That extended the recovery from Sunday’s $100.34 low, but the close remained below the 50-day exponential moving average at $106.75 and the 20-day EMA at $108.96. Both averages declined from the previous session. The faster 20-day average remained above the 50-day average, so the chart did not produce a new bearish crossover. The relevant signal is simpler: price remains beneath two falling trend references. Four-hour price action was less weak. The latest completed close stood above its 20-period EMA at $104.28 but below the 50-period EMA at $106.01. This supports a short-term rebound interpretation without overturning the daily trend. A daily close above Monday’s $106.08 high would put the 50-day EMA in reach. A subsequent close above $108.91–$108.96, where the October 13 high meets the 20-day EMA, would materially improve the recovery toward $111.92–$113.27. Failure to hold $103.43 would weaken that scenario and bring $101.00 into view. A daily close below $100.34 would invalidate the latest rebound. Aerodrome Loses Support Despite Its 24-Hour Gain Aerodrome’s positive rolling return contrasts with a weaker completed daily chart. It closed October 19 at $0.7957, down 0.39%, following Sunday’s close below $0.8300. The October 16 report had identified that level as the invalidation point for the earlier recovery. The latest aggregate quote was 12.08% below that report’s $0.919539 snapshot. This is a multi-day comparison, not the coin’s current 24-hour performance. Daily Bollinger Bands, using a 20-day simple moving average and two population standard deviations, placed the midpoint at $0.8516 and the lower band at $0.7481. Price remained below the midpoint but inside the bands. The reading shows a weakened recovery, not an automatic buy signal near the lower band. Monday’s $0.7636 low nearly matched the October 2 low at $0.7635, establishing a visible support test. A daily close above $0.8090 would be an initial improvement; reclaiming $0.8516–$0.8574 would recover the band midpoint and Sunday’s high, strengthening a move toward $0.9045. A close below $0.7635 would invalidate the support hold and expose the lower-band reference near $0.7481, which will change with subsequent closes. Ondo Tests the First Retracement of Its Latest Decline Ondo closed at $0.43493, up 0.10%, after recovering from Sunday’s $0.41049 low. The rebound remained small relative to the decline from the October 12 swing high at $0.53150. Fibonacci levels measure an upward retracement of that specific October 12–18 downswing. The 23.6% level is $0.43905, 38.2% is $0.45672, the 50% midpoint is $0.47100 and 61.8% is $0.48527. Monday’s completed close remained below the first level. The live October 20 Kraken candle subsequently reached $0.44373 and last traded at $0.44139 in the captured response. That put price above 23.6% intraday, but it did not confirm a daily close above the retracement. A daily close above $0.44496, Sunday’s high, would strengthen the rebound toward $0.45672. Clearing that level would improve the approach to $0.47100 and the October 16 high at $0.47649. A daily close below $0.42764 would weaken the immediate recovery, with $0.42200 and $0.41049 next. A new low below $0.41049 would invalidate these retracement anchors and require recalculation. #CryptoNewsFlash
New XRP Wallet Receives 82.3 Million Tokens Worth $106 Million in Single Transfer.
A newly activated XRP wallet received 82,314,668 XRP worth more than $106 million on October 20. Nearly 12 hours later, it still held the entire amount, with no recorded outflows. The sending address retained approximately 142.7 million XRP worth $184 million after the transfer.
The sending address has repeatedly received XRP from another wallet linked to Binance, with large transfers between the addresses dating back to November 2025. However, the identity of the wallet owners remains unknown. The latest transfer could involve a large investor moving funds or Binance shifting assets between wallets, but the available records do not confirm either explanation.
Nebius Group (NASDAQ: NBIS) shares rebounded 7.30% to $177.54 in premarket trading Monday, recovering some of Friday’s sharp losses after Truist Securities reaffirmed its Buy rating and $355 price target. The stock had closed that session at $165.47, down 12.18%, amid broader selling in AI infrastructure companies as investors weighed borrowing costs and the funding required for data center expansion. Nebius also announced a $10 million European AI developer-support initiative Monday, adding a separate company-specific development alongside Truist’s reiterated rating.
"Cardano Signals Potential End to Prolonged Downtrend, Targets $3.25 By Next Year"
Crypto analyst MasterAnanda has argued that #Cardano could be approaching the end of its prolonged bear market ahead of a strong recovery. In what he called a friendly reminder, the analyst cautioned that investors might not get another chance to buy Cardano at similarly low prices if the anticipated bullish trend materializes. To support his outlook, MasterAnanda shared a three-day ADA/USDT chart on Coinbase. The chart highlights an extended downtrend that followed Cardano’s late-2024 rally, alongside a falling wedge and a prolonged bearish wave. It also shows a rounded-bottom formation that developed over approximately two months. ADA Rebounds From $0.1384 Low but Faces Resistance According to the chart, ADA recovered from a low of $0.1384 in July 2026 before climbing toward $0.28 this month. However, the cryptocurrency subsequently retreated to around $0.221, bringing it close to the $0.22 support zone highlighted in the analyst’s analysis. MasterAnanda interprets this price action as an early recovery phase in which ADA is consolidating before potentially beginning another upward move. He believes the initial rebound was relatively modest and expects the next bullish wave to deliver a more substantial rally. Analyst Projects ADA Could Reach $1, $2, and $3.25 MasterAnanda outlined several upside targets for ADA, with $1 representing his first major milestone. He believes the cryptocurrency could reach this level in the coming months if bullish momentum strengthens. Beyond that, the analyst expects ADA to potentially climb to $2 in 2027, while leaving room for a move to $3.25, marking a new all-time high for the token. However, these figures represent speculative projections rather than guaranteed outcomes. ADA would need to overcome intervening resistance levels and sustain buying pressure to reach these targets. “Investors May Not See Current Prices Again” Beyond his technical analysis, MasterAnanda argued that the prolonged bear market has created an opportunity that investors might not encounter again. In his view, the relatively low prices recorded throughout 2026 could become a distant memory if Cardano enters an extended bullish cycle. He also suggested that ADA could continue appreciating for several consecutive years, potentially extending its gains into 2028 and beyond. Consequently, he encouraged investors who share his outlook to consider a long-term buy-and-hold approach. Nevertheless, his claim that cryptocurrency markets will not experience another prolonged bear market remains speculative. Cardano continues to face broader market risks, and its ability to sustain an upward trend will depend on investor demand, market sentiment, and developments across the cryptocurrency industry. ADA Retreats 25% From Its Recent Peak Meanwhile, ADA has struggled to maintain the momentum behind its latest rally. Earlier this month, it climbed above $0.28, prompting several analysts to project a potential advance beyond $0.41. However, the rally subsequently reversed, with ADA falling toward $0.21. This represented a 25% decline from its 30-day peak. At the time of the reported figures, ADA was down 11.99% over the past seven days and ranked as the 15th-largest cryptocurrency by market cap. Despite this weakness, some sentiment indicators continue to point to optimism surrounding Cardano. Cardano Ranks Among Top Assets by Analyst Sentiment In a separate development, CryptoQuant CEO Ki Young Ju highlighted Cardano among the leading crypto assets by analyst sentiment. ADA ranked fifth in the assessment, recording a positive reading of +1.2 sigma, behind Bitcoin (BTC), Solana (SOL), BNB, and Hyperliquid (HYPE). The reported ranking suggests that analyst sentiment toward Cardano remains relatively constructive despite its recent price decline. The assessment also linked ADA’s position to its potential adoption in AI-focused payments and real-world enterprise applications. However, positive sentiment alone does not guarantee a sustained price recovery. ADA must regain upward momentum and overcome key resistance levels before MasterAnanda’s ambitious price targets become attainable. #CryptonewswithJack