The Crypto Basic

#Shiba Inu is at a market level where smart money often finds it compelling to buy, with strong fundamentals backing a breakout soon.
Notably, the prominent meme coin’s price has recently consolidated within a range, with its next direction seemingly uncertain. While Shiba Inu remains bearish in the short term, technical and fundamental catalysts point to a potential price breakout.
Key Points
Shiba Inu is at a classic accumulation zone, with earlier rapid price fluctuations replaced by a series of short candlesticks.Typically, accumulation zones are areas of interest for smart money.The token has held key support areas, confirming that momentum is building for an impulsive directional move.The RSI remained neutral at 50.28, the daily chart’s MACD has also flattened, and volume has thinned.Breaching the $0.0000060 resistance with strong volume is a high-conviction setup for further upside.
Shiba Inu Holds Support
Analyst Whale Scan noted that Shiba Inu is at a classic accumulation zone. Price volatility has dropped, with earlier rapid price fluctuations replaced by a series of short candlesticks. The token has also consolidated within a price range and has held key support areas, confirming that momentum is building for a subsequent impulsive directional move.
The commentator spotlighted the $0.00000564-$0.00000550 support as crucial, noting that SHIB’s trend above it is positive. While the meme coin has struggled to clear the resistance above $0.0000060, it has remained above support, maintaining the possibility of attempting higher prices in the near term.
Typically, accumulation zones are areas of interest for smart money, offering outsized risk-reward when prices eventually break out. As a result, the analyst claimed that “dip buyers” are loading up SHIB at the current zone in anticipation of the next big move.
Interestingly, on-chain data backs this accumulation narrative, as exchange outflow has increased by a staggering 40.5% in the past 24 hours to 321 billion tokens. This means that after removing deposits from withdrawals across exchanges, a staggering 321 billion SHIB, worth $1.9 million, left these trading platforms to self-custody addresses for long-term holding.

Indicator Overview
The analysis also provided an update on the current trend of key market technical indicators. For context, the relative strength index (RSI) remained neutral, trending between 47 and 52. At the time of writing, it specifically stands at 50.28, leaving room for both upward and downward price action before reaching extreme conditions.
The daily chart’s MACD has also flattened, indicating that the market is nearing a standstill. Although the analyst noted it was bearish, the histogram showed short green bars, indicating it was slightly bullish.

On the other hand, Shiba Inu’s trading volume has thinned, suggesting reduced market participation. This is actually typical of markets in consolidation, as users apply caution while closely monitoring for the start of the next move. Notably, CoinMarketCap shows a 21% increase in 24-hour trading volume to $130 million, but the figure remains well below prior levels.
Shiba Inu Ecosystem Boosts
Furthermore, burn rates have spiked 156% in the past 24 hours, supporting the accumulation zone. 4,101,455 tokens have been incinerated during this period, further driving scarcity for the meme coin.
According to the analyst, the combination of rising burn rate and Shibarium upgrades is driving bullish sentiment across the Shiba Inu ecosystem. These factors would contribute to the projected breakout to higher prices.
Key Levels to Watch
With the support still holding strong and buying pressure increasing, Whales Scan highlighted key resistance levels to watch if an accumulation zone breakout occurs. Per the analysis, breaching $0.0000060 with strong volume is a high-conviction setup for further upsides.
This move opens the way for price rallies to $0.00000650 and $0.00000720, representing 9.7% and 21.6% increases from the current market price of $0.00000592. However, a break below $0.00000550 invalidates this move and poses downward risk for SHIB.
#CryptoNewsFlash

A long-term #XRP chart pattern is drawing renewed attention, with a breakout from a multi-year consolidation structure sparking optimism.
Notably, XRP is currently testing a key breakout level that could shape the next phase. As such, a successful retest event would ignite an explosive move, potentially pushing prices to unprecedented levels.
Key Points
XRP has just secretly handed enthusiasts the “breakout of the decade” after moving above a long-term symmetrical triangle.The triangle has been forming since the January 2018 peak near $3.35 before XRP broke out in November 2024.Notably, the current setup shows XRP retesting the breakout.The next step after a successful retest is a sustained price expansion, potentially targeting $21.
XRP Breakout from Long-Term Structure
ChartNerd, a widely followed technical analyst, identified this trend in a recent X post. In the analysis, he claimed that XRP has just secretly handed enthusiasts the “breakout of the decade,” citing the asset’s move above a long-term structure.
The accompanying chart shows a large symmetrical triangle that formed over several years before XRP broke out in late 2024. The triangle started taking shape after XRP dropped from the January 2018 peak near $3.35, forming lower highs and higher lows until November 2024, when the Donald Trump-inspired rally forced a breakout.

A strong rally followed this move, eventually peaking at the all-time high of $3.66 in July 2025. Since then, XRP has entered a pullback phase, with price now hovering near the upper region of the former triangle.
Breakout Structure Now Faces Critical Retest
The current setup shows XRP retesting the breakout zone. This area previously acted as a resistance before the breakout, and how the altcoin handles this phase is critical.
Moreover, the structure resembles earlier formations seen in previous cycles. A smaller, symmetrical triangle formed between 2013 and 2017, with the XRP price compressing within it before breaking higher.
In that cycle, it retested the structure’s neckline, and a successful event confirmed the breakout. Consequently, a stronger upward move followed, pulling XRP to the January 2018 high of $3.35.
Currently, XRP is trading at $1.34, up 1.7% in the past seven days. According to the chart, the triangle’s neckline lies near $0.85. This suggests that prices could drop lower to meet this support, aligning with an outlook from CasiTrades. It bears mentioning that XRP does not need to fully touch the symmetrical triangle’s neckline to complete a retest.
XRP Target After Retest
ChartNerd noted that the sequence is clear: a compression within a triangle, followed by a breakout, a retest, and then a sustained move higher. This shows that the next step after a successful retest is a sustained price expansion.
If XRP finds support at the current level and begins to build momentum, it could target unprecedented prices as outlined in the chart. This could see the coin rally to $21, representing a 1,467% increase from the current market price.
Conversely, failure to hold the retest zone would weaken the setup and introduce the possibility of a deeper correction.
#CryptoNewsCommunity

#Cardano is deep in the macro corrective phase, but history shows that this period has usually preceded a turning point for the altcoin.
Indeed, Cardano (ADA) is navigating a prolonged correction, with the price dropping sharply from its peak. The altcoin reached its all-time high of $3.10 in September 2021, but its current price of $0.25 represents a 91.9% decline from that peak.
During this period, sentiments turn negative and interest fades. However, ADA’s price action is now approaching a critical demand zone that could shape its next major move. Despite continued pressure on lower timeframes, the broader structure suggests a possible base is forming if key levels remain intact.
Key Points
Cardano (ADA) is navigating a prolonged correction, with its price dropping 91.9% from the peak of $3.10.On the daily chart, an accompanying chart shows that a descending resistance trendline continues to cap upward movement.While price action appears bearish, higher timeframes show potential accumulation for Cardano.Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing.Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.A decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside.
Cardano Price Declines from Prior Highs
An analysis from CoinCodex discussed Cardano’s current price trend and what could happen next. Currently, its price behavior reflects a sustained downtrend, with ADA consistently forming lower highs and lower lows over several months.
After peaking at $1.019 in August 2025, the coin has steadily dropped, recording declines in every month since. It has fallen by 75% from that peak, demonstrating the strong bear dominance that characterizes bear markets. This type of structure has weighed heavily on sentiment, gradually eroding confidence as repeated recovery attempts have stalled.
Cardano Still Under Pressure on Lower Timeframe
On the daily timeframe, the accompanying chart shows that a descending resistance trendline continues to cap upward movement, reinforcing the bearish tone in the short term. At the same time, technical indicators on the daily chart remain weak.

Momentum has yet to shift decisively, and moving averages continue to slope downward, suggesting that sellers still hold control for now. For context, ADA has failed to decisively break above the 50 MA, currently at $0.26, with attempts earlier in the week failing. It also remains well below the 100 MA at $0.30, reinforcing the bearish structure.
However, while price action appears bearish, zooming out to higher timeframes shows potential accumulation for Cardano. Moreover, its market cap is not in free fall but rather within a range, indicating strength.
Another positive is the recent ADA classification as a digital commodity. Specifically, the US SEC added Cardano to this category, alongside 16 other cryptocurrencies, a move that confirms its legitimacy.
Key Zone That Could Decide Next ADA Move
Attention is now on the macro demand zone between $0.13 and $0.18, where ADA is currently testing. Historically, this range has attracted buying pressure, making it a critical area to watch. Holding above this region would suggest that accumulation may be underway, potentially laying the groundwork for a broader recovery phase.
The accompanying chart shows that holding this support and breaking above the descending resistance opens the way for Cardano to retest the next major resistance around $1.01. This aligns with the 0.236 Fibonacci level and represents a 304% increase from the current market price.
Conversely, a decisive break below $0.13 would significantly weaken prices and potentially lead to deeper downside. As such, how ADA reacts to this zone would likely determine whether it stabilizes or extends its correction.
#CryptonewswithJack

Treasury Secretary Scott Bessent has urged the Senate to accelerate action on the long-delayed Digital Asset Market Clarity Act and send it to the president’s desk without further delay. 
In a recent WSJ op-ed, he warned that the United States could fall behind in financial innovation if lawmakers fail to establish clear rules for the rapidly expanding digital asset sector.
Key Points 
Treasury Secretary Scott Bessent has urged the U.S. Senate Banking Committee to hold a markup session and advance the Digital Asset Market Clarity Act. He emphasized that the bill should move quickly through the Senate and reach Donald Trump’s desk for final approval. Bessent noted that digital assets have grown beyond an experimental stage and now play a major role in global finance, with one in six Americans owning some form of crypto. Lawmakers are expected to resume sessions after the Easter break, with a potential markup session later this month that could move the Clarity Act to a full Senate debate.
US Must Act Quickly to Keep Financial Innovation
In a tweet today, Bessent reiterated the arguments from his recent op-ed, emphasizing the urgent need to advance the Clarity Act. He noted that the U.S. Congress has spent much of the past decade debating an appropriate regulatory framework for digital assets. 
However, despite years of discussion, lawmakers have yet to finalize legislation governing the broader crypto industry. As a result, Bessent argued that the Clarity Act could deliver the regulatory certainty needed to keep financial innovation within the U.S., rather than pushing it offshore. 
Therefore, he stressed that Congress must act quickly to preserve the country’s leadership in global finance as digital assets move into the mainstream. 

“It Is Time to Advance the Clarity Act to Trump’s Desk”
Bessent also pointed out that cryptocurrencies and blockchain technology now influence payments and settlement systems, and the tokenization of real-world assets. 
Per his analysis, the global digital asset market cap continues to fluctuate between $2 trillion and $3 trillion, with roughly one in six Americans owning some form of crypto. Consequently, he argued that the industry has grown far beyond its early experimental phase.
Given this momentum, Bessent said the U.S. Senate Banking Committee should immediately hold a markup session on the Clarity Act and move the legislation forward to the president’s desk. 
He emphasized that Senate floor time is limited and warned that further delays could leave the United States without the regulatory framework needed to compete in the next phase of global finance.
Banking Committee Markup Still on Hold
For context, the bill passed the U.S. House of Representatives in July 2025 and was later sent to the Senate that year. However, progress stalled in the Senate Banking Committee after disagreements emerged over whether stablecoins should be allowed to offer yield.
The current Senate draft reportedly bans stablecoin yields, a position supported by traditional banking groups. In contrast, several industry participants, including Coinbase, oppose the restriction.
Nevertheless, reports from Crypto in America suggest that banking and crypto stakeholders may have reached a compromise. The report cited comments from Coinbase CLO Paul Grewal, although lawmakers have not yet released full details because Congress remains on Easter recess.
Lawmakers are expected to resume sessions next week. At that point, the Banking Committee could resolve the remaining issues, including the DeFi requirement and token classification, before holding a markup session later this month. 
If the committee advances the bill, it could proceed to the full Senate for debate and a potential vote, bringing the United States closer to its first comprehensive crypto regulatory framework.
#CryptoNewsCommunity

Bitcoin Likely Found Bottom Near $60K, Says Michael Saylor
#Bitcoin could have already established a local bottom near $60,000, according to Michael Saylor.

Speaking at a Mizuho investor event, he emphasized that market bottoms typically form when forced sellers are exhausted rather than when confidence returns.
In particular, Saylor attributed the recent downturn to liquidations among over-leveraged miners and weaker market participants, which intensified selling pressure.
Looking ahead, Saylor also downplayed concerns around quantum computing. He described the risk as distant and manageable, noting that Bitcoin’s open-source structure would allow timely upgrades if threats begin to materialize.
$285M Drift Protocol Hack Triggers Legal Probe
In a separate development, the U.S. law firm Gibbs Mura has opened a class action inquiry following the April 1 breach of Drift Protocol.
The exploit is estimated to have caused losses of approximately $280–$285 million. Investigators are now also examining potential claims involving Circle Internet Financial, after more than $230 million in USDC was reportedly routed through its cross-chain infrastructure without being frozen.
Blockchain analytics firm Elliptic has further linked the attack to a suspected North Korean threat actor group.
Following the incident, Drift’s total value locked (TVL) fell sharply from about $550 million to below $250 million, while its native token declined by more than 40%. In addition, over 20 DeFi protocols have reported indirect exposure to the broader fallout.
JPYC Stablecoin Gains Traction, Polygon Dominates Volume
Meanwhile, Japan’s yen-backed stablecoin JPYC is gaining traction, signaling growing demand for localized digital currencies.
The token, issued by JPYC Inc. in October 2025, has generated $137 million in trading volume over the past six months. During this period, Polygon dominates usage, accounting for 66% of activity ($90.4 million), while Avalanche and Ethereum follow.
Polygon co-founder Sandeep Nailwal highlighted the milestone in a recent X post.

U.S. Treasury Pushes for Clear Crypto Rules
On the policy front, U.S. Treasury Secretary Scott Bessent is pressing Congress to advance a comprehensive crypto framework, referred to as the Clarity Act.
In an op-ed for The Wall Street Journal, he warned that regulatory uncertainty is driving crypto firms offshore.
Specifically, he pointed to jurisdictions like Abu Dhabi and Singapore as more attractive alternatives due to clearer frameworks, cautioning that the U.S. risks losing both innovation and capital without decisive policy action.
Exodus Movement Expands Crypto Holdings in Q1
Elsewhere, Exodus Movement, a U.S.-listed self-custody cryptocurrency company, reported steady growth in its crypto holdings for Q1 2026. 
By the end of March, the company held 628 BTC, reflecting a net addition of 18 BTC.
At the same time, its Ethereum holdings increased to 1,857 ETH, while Solana holdings reached 17,541 SOL. During the period, the firm added 17 ETH and 1,847 SOL, thereby signaling steady accumulation across major assets.
#CryptoNewss

#Cardano engineering arm Input Output Global (IOG) has announced a strategic shift in its development priorities to accelerate the network’s long-term growth. 
Specifically, the organization will halt further work on the Acropolis project and cancel the proposed Tiered Pricing model. Instead, it will redirect resources toward chain abstraction technologies and development aligned with the upcoming Leios scaling architecture.
Key Points
Cardano engineering firm IOG has halted further development of the Acropolis project and the proposed tiered pricing mechanism. The firm will redirect resources toward chain abstraction technologies and development aligned with Ouroboros Leios to accelerate Cardano’s long-term growth. This move will see roughly 4.1 million ADA returned to Cardano’s treasury for community governance allocation. Cardano founder Charles Hoskinson expects Leios to launch this year. 
IOG Cancels Acropolis and Tiered Pricing Development
In a recent blog post, IOG confirmed that it will officially end development of the Acropolis project this month, April 2026. Originally designed as a Rust-based alternative node implementation for the Cardano network, Acropolis aims to increase node diversity and strengthen the ecosystem’s infrastructure.
Notably, the project delivered several milestones, including a Data Node that enables blockchain synchronization in roughly an hour rather than several days. However, IOG concluded that continued development would no longer deliver the greatest value to the ecosystem. 
As a result, the engineering team behind Acropolis will transition to a set of chain abstraction initiatives designed to simplify how developers and users interact with Cardano. 
Meanwhile, IOG has also canceled the proposed Tiered Pricing mechanism. New research tied to the Leios scaling architecture showed that the design could soon become outdated.
Since Leios introduces a fundamentally different model for transaction processing and throughput, the organization believes continuing the Tiered Pricing framework would likely create unnecessary technical debt. 
Notably, IOG founder Charles Hoskinson previously expressed a strong interest in launching Leios this year. He argues that the upgrade could help Cardano achieve the long-standing blockchain trilemma of scalability, security, and decentralization. 

Reallocation of 4.1M ADA Resources
As part of this strategic shift, IOG will return the full 2.7 million ADA allocated for Tiered Pricing development, along with the remaining 1.4 million ADA assigned to Acropolis. In total, 4.1 million ADA will be returned to the Cardano Treasury, where the funds can be redistributed through the network’s governance process.
IOG emphasized that transparency and responsible stewardship of community funds guided the decision. Rather than continuing projects that no longer align with Cardano’s evolving roadmap, the organization chose to halt development and reallocate the resources.
Looking ahead, IOG believes that improving usability and developer accessibility will serve as the strongest catalyst for Cardano’s expansion.
By reducing friction for developers and users alike, the organization hopes to attract more applications, increase on-chain activity, and ultimately drive greater liquidity and economic participation across the ecosystem. 
#Crypto

#Bitcoin continues to move within a bearish technical structure, yet persistent accumulation by Michael Saylor’s Strategy is beginning to challenge that outlook.
Notably, Bitcoin (BTC) remains within a bear flag formation, a setup that typically signals further downside. Under normal conditions, this pattern could indicate a move below the crucial $60,000 support region to new lows.
However, recent market behavior suggests that strong demand from Strategy, the largest Bitcoin treasury firm, may be offsetting this pressure.
Key Points
Bitcoin (BTC) remains within a bear flag formation.Recent market behavior suggests that strong demand from Strategy may be offsetting the pressure.Strategy has added 46,233 BTC to its holdings since March 2, nearly three times the 16,200 BTC miners have produced over the same period.Despite the ongoing bearish setup, a break above the upper boundary of the bear flag around $75,000 would invalidate the bearish continuation pattern.If this occurs, attention could shift toward a projected move between $108,000 and $110,000.
Persistent Strategy Bitcoin Buying Counters Bear Flag
For context, Saylor’s Strategy has added 46,233 BTC to its holdings since March 2. Over the same period, miners produced approximately 16,200 BTC, meaning the firm has absorbed nearly three times the new supply entering circulation. This imbalance has played a key role in stabilizing price action and could tend towards a BTC supply shock if such buying pressure persists. 

Notably, many of the purchases have come in through STRC, Strategy’s perpetual preferred stock with an 11.5% annual return, which it has repeatedly used to raise capital for Bitcoin purchases.
Strategy recently secured $102.6 million through STRC sales last week, contributing to its acquisition of 4,871 BTC worth $330 million. This activity possibly contributed to Bitcoin’s 4.6% growth last week and its strong opening to this week.
Earlier in March, between March 9 and 13, STRC-related funding reached $776 million. This capital supported the purchase of more than 11,000 BTC, contributing to the premier asset’s 12% rally during the same period, despite the S&P 500 dropping 1.6%. BTC ended that week with a 10.3% increase, its highest weekly gain since May 2025.
At the same time, a decline in STRC issuance has coincided with notable pullbacks. In mid-March, when the stock dipped below its $100 reference level, issuance declined, and Bitcon dropped nearly 7%. A similar event in January aligned with the 25% corrections in three weeks from $97,900 to $60,130.
Bitcoin Targets Higher Prices if Breakout Occurs
Despite the ongoing bearish setup for Bitcoin, a move above key resistance could change the outlook. A break above the upper boundary of the bear flag around $75,000 would invalidate the bearish continuation pattern.

If this occurs, attention could shift toward a projected move between $108,000 and $110,000, where the next major resistance level lies. Notably, this scenario mirrors past behavior, including a similar pattern failure observed around Bitcoin’s 2018 bottom.
The asset broke upward from a typically bearish rising wedge in April 2019 after falling into and consolidating within this pattern from November 2018. It bottomed within this pattern with support from the 200-week simple moving average. What followed was a 2,109% price expansion from the lows around $3,124 to the 2021 peak of $69,000.
In the current cycle, the same 200-week MA limited further downside attempts in February, suggesting that a base may be forming. Historically, this level has acted as a bottom during major corrections and could provide the required momentum for the 59% and 62% rallies to reach between $108,000 and $110,000.
#CryptoNewsCommunity

As #XRP struggles to regain momentum, fresh on-chain data shows that most holders are now sitting on significant losses.
The asset is trading around $1.31, down 2.14% on the day. This extends a broader decline that has seen it fall by more than 60% from its July 2025 peak of $3.66.
Recent insights from Santiment reveal that the average XRP wallet active over the past year is down roughly 41% on its holdings. This has pushed the MVRV (Market Value to Realized Value) ratio to its lowest level since the FTX collapse, a period widely associated with extreme market stress and forced capitulation.
Key Points
XRP holders face average losses of 41% as MVRV drops to levels last seen during the FTX market collapse.More than half of XRP’s supply is underwater, with daily realized losses reaching up to $110 million.Persistent selling pressure has kept XRP from recovering, with only 43.4% of supply still in profit.Historically, such deep losses signal a potential bottom, with data pointing to a possible 63% upside ahead.
Deep Losses for XRP Holders
The MVRV metric measures whether traders are in profit or loss, and current levels suggest that XRP investors are deep in negative territory. According to Santiment’s analysis, this goes beyond a simple price drop; it reflects actual realized losses among market participants.
Historically, such deeply negative returns point to what traders describe as a “blood in the streets” phase, when selling pressure begins to run out. Glassnode noted that in zero-sum markets like crypto, this environment tends to reduce downside risk, as a large portion of weaker hands have already exited their positions.
Glassnode Data Confirms Persistent Selling Pressure
Supporting this trend, data from Glassnode shows that more than half of XRP’s circulating supply is currently underwater.
Investors who bought above $2 over the past year have been consistently realizing losses. Specifically, daily realized losses have ranged between $20 million and $110 million since November 2025.

According to Glassnode, only 43.4% of XRP supply remains in profit, marking the lowest level since July 2024. This reflects sustained selling pressure, as holders continue to exit positions at a loss, contributing to XRP’s inability to stage a strong recovery.

Opportunity Zone in Play
Meanwhile, the combination of falling MVRV and declining supply in profit suggests a market reset. While short-term sentiment remains weak, these conditions have historically aligned with late-stage corrections, where long-term investors begin to accumulate.
Notably, Santiment data confirms XRP is now in an “opportunity zone,” which typically occurs when the MVRV ratio falls to around -30%. With the one-year MVRV at -41%, history suggests a potential 63% upside opportunity in the coming months.
Specifically, Santiment noted that the last time XRP’s MVRV ratio reached -41% was in December 2022, which preceded a 63% gain over 4.5 months. If history repeats, today’s XRP dip buyers could become significantly profitable by August. However, this remains uncertain.

Ultimately, XRP’s price remains under pressure, but the data points to a potentially promising setup.
As losses mount and weaker participants exit, the market may be quietly forming a more stable base that could eventually support a recovery when broader conditions improve.
#CryptoNewss

#XRP is not looking good at the moment after falling below a key support area, and analysis suggests further downsides could follow.
XRP tested sub-$1.31 on Thursday as a fresh update on the macroeconomic front put downward pressure on the price. The altcoin fell to an intraday low of $1.281, briefly breaking down from a key support area.
Key Points
XRP tested $1.31 on Thursday, briefly breaking down from a key support area.With support looking shaky, data points to a potential sharp price correction, targeting the $1.05-$1.09 range first.From here, a brief relief rally in the form of a wave 4 uptrend could ensue, pushing XRP toward $1.271.XRP could then record a final leg down to the $0.87 macro support.Despite the persisting downtrend, the long-term price target for XRP remains bullish.
XRP Breakdown Playing Out
Market analyst CasiTrades shared an update on the XRP price action after the recent bearish trend briefly pushed it below the 0.618 Fibonacci support at $1.310. Notably, the coin has reclaimed this level, changing hands at $1.315 at the time of writing, but momentum remains weak.
With the support looking shaky, CasiTrades expects a sharp price correction. An accompanying chart further highlighted an RSI triangle breakdown on the hourly chart, indicating that bears are in control of the market. The alignment between price and RSI leaves no room for bullish divergence, confirming that downward momentum dominates proceedings.

The analyst’s first downward target is the $1.05-$1.09 price range. The upper range closely aligns with the 0.786 Fibonacci retracement level at $1.085 and implies a 16.7% drop from the current price. Meanwhile, a weaker scenario would entail an approximately 20% decline to the range’s lower boundary at $1.05.
According to her, this move will complete wave 3 in a broader corrective Elliott Wave pattern.
Brief Relief Before Further Pullback
The $1.05-$1.09 range is not the analyst’s final downward target, but she does not expect XRP’s correction to be a straight move. When it visits this area, CasiTrades predicts a brief relief rally in the form of a wave 4 uptrend.
The accompanying chart shows that this short rebound will push XRP to the 0.50 Fibonacci level at $1.271, representing a 21% recovery from $1.05. From there, the market watcher expects one final leg down.
Meanwhile, the target for this final downturn is the $0.87 macro support, aligning with the 0.854 Fibonacci retracement level. Notably, this culminates in a 33% drop from the current market price.
This has been Casi’s long-standing target for the current downturn, as she has repeatedly marked the dip as a necessary event before XRP can flip the bearish trend.
Bullish Targets When Downtrend Ends 
Despite the persisting downtrend, the long-term price target for XRP remains bullish, so much so that CasiTrades views $6 as conservative. Last month, she suggested that, after waiting for 8 years, the $3.6 ATH is unlikely to be XRP’s peak price, urging holders to raise their expectations.
In a separate analysis, she claimed that factors are aligning to take XRP’s price to $80 per coin. Other analysts, such as EGRAG Crypto, also share similar ambitious targets for XRP in the mid- to long term. The analyst sees XRP reaching $27, citing a breakout from a multi-year triangle.
#CryptoNewsCommunity

#Ripple CTO Emeritus David Schwartz has joined the ongoing discussions about whether banks will adopt XRP — and, in turn, boost its price.
His comments come as questions grow around XRP’s long-term relevance in a market increasingly dominated by stablecoins. In response, Schwartz highlighted several advantages that cryptocurrencies like XRP have over stablecoins.
Key Points
XRP offers a neutral bridge across currencies, unlike stablecoins tied to single fiat systems globally.Stablecoins carry control risks like freezing and clawbacks, adding counterparty exposure in sensitive use cases.Schwartz argues crypto’s upside potential can outweigh volatility, especially in long-term or non-stability-driven scenarios.He dismisses claims banks would avoid XRP, saying firms won’t reject profitable solutions just to avoid enriching Ripple.
Stablecoins vs XRP: Where Each Fits
Schwartz acknowledged that stablecoins do have clear advantages in certain use cases. He explained that when volatility is a major concern, stablecoins or regulated assets with trusted counterparties can be a better option.
However, he argued that this does not make cryptocurrencies like XRP obsolete. Instead, each serves different roles depending on the application.
1. Limited Flexibility Across Global Currencies
According to Schwartz, one major limitation of stablecoins is that they are tied to a single fiat currency.
In a global financial system where multiple jurisdictions operate with different native currencies, a single stablecoin may not meet all needs. He noted that a stablecoin with the exact properties required, such as regulatory clarity, liquidity, and trust, may not even exist for certain regions.
This is where XRP can offer an advantage, acting as a neutral bridge asset not tied to any single fiat system.
2. Control Risks: Freezing and Clawbacks
Schwartz also highlighted the control mechanisms of stablecoins, which issuers can freeze. Using Ripple as an example, he noted that regulated entities must comply with court orders, which means user funds could be affected by legal or political decisions.
This introduces a layer of counterparty risk that cryptocurrencies aim to avoid in cross-border or censorship-sensitive use cases.
3. Upside Potential Favors Crypto in Many Cases
Finally, Schwartz argued that for many use cases, the potential upside of cryptocurrencies outweighs their volatility.
He explained that if stability is not essential, such as in long-term escrow scenarios, assets like XRP or Bitcoin may be preferable to fiat-backed stablecoins. Unlike fiat currencies, which typically do not appreciate significantly, cryptocurrencies offer potential value growth over time.
Bank Adoption and XRP Supply Concerns
Notably, the discussion was sparked by crypto commentator Mason Versluis, who questioned why global banks would use XRP if it could significantly enrich Ripple given its large token holdings.
He pointed to Ripple’s 38 billion XRP holdings and argued that banks may avoid adopting a cryptocurrency in such concentrated ownership. The concern centers on whether institutions would be comfortable indirectly driving up the value of a private company.
In response, Schwartz dismissed the idea that businesses would avoid profitable solutions simply because another entity benefits. He framed it as unrealistic for institutions to reject a system that makes economic sense just to avoid enriching Ripple.

Ultimately, Schwartz’s argument suggests that stablecoins and cryptocurrencies are not direct replacements but complementary tools. While stablecoins may dominate in low-volatility environments, XRP and similar assets still provide unique advantages in global liquidity, neutrality, and long-term value potential.
#CryptoNewss

#Shiba Inu lead ambassador Shytoshi Kusama has clarified a misconception about his recent comment, particularly as it affects the price of SHIB.
Kusama sounded spiritual in his string of new X posts, discussing his newfound enthusiasm around doctrines. Meanwhile, a particular comment is drawing attention among Shiba Inu enthusiasts, one they feel relates to the price trajectory of the prominent meme coin.
Key Points
A tweet by Shytoshi Kusama stating that the “next appointed time” has arrived is drawing reactions from the Shiba Inu community.One reaction suggested that Kusama was discussing the appointed time for SHIB to rally to $0.00055.However, Kusama quickly discarded this line of thought, clarifying that the tweet had nothing to do with the token’s price.Shiba Inu at $0.00055 would imply a market cap of $324 billion at the current circulating supply.
“Appointed Time” for Shiba Inu to $0.00055
One of Kusama’s tweets stated that the “next appointed time” has arrived. While the SHIB ambassador mentioned other things, this part drew attention and elicited discussion in the community.
The comment received several interpretations, including those related to the price of Shiba Inu. For instance, Leeron Shim, a prominent community voice, suggested that Kusama was discussing the appointed time for SHIB to rally. Specifically, Shim claimed the lead ambassador’s comments meant this was the time for SHIB to reach $0.00055.
Notably, clamoring for much higher prices has been a long-standing desire in the Shiba Inu community. Despite recent downsides, proponents believe the future remains bright for the dog-themed meme coin, and the hope is what keeps the ecosystem buzzing.
The $0.00055 price mark is one of the milestones that holders anticipate. It marks a 9,222% increase from the current market price and is well above the current all-time high of $0.0000885. As such, when Kusama’s “appointed time” tweet came, Shim took it to mean he was suggesting the time had come for SHIB to hit the highly coveted price mark.
Nothing to Do with the Price of Shiba Inu
However, Kusama quickly discarded this line of thought. The lead ambassador replied that the tweet had absolutely nothing to do with the token’s price.
He further clarified it was about what he called a “global appointed time.” While he did not provide a clear context for this, Kusama claimed that those who feel the shift have chosen to ignore it.

Notably, he seems willing to shed more light on this. In his earlier post, the lead ambassador had noted that he would explain his assertions in detail at a later date.
Can Shiba Inu to $0.00055 Ever Happen?
At this time, Shiba Inu remains well within bearish territory. After underperforming in the last bullish phase, its price has pulled back considerably from earlier highs. For context, the token sits 60% below its September high of $0.0000148.
Despite these, analysts point to a mid and long-term recovery, targeting prior highs and possibly unprecedented levels. But is $0.00055 plausible for Shiba Inu?
According to the prediction site Telegaon, Shiba Inu would begin approaching this price level after 2035. It set a maximum price of $0.000516 by 2035 but a minimum price of $0.000804 by 2040, suggesting that SHIB would attain this price mark between 2036 and 2040.

However, Changelly does not see SHIB nearing this target even by 2050. Its maximum price target of $0.00000353 by 2050 is well below this ambitious price mark.
Notably, Shiba Inu at $0.00055 would imply a market cap of $324 billion if the current circulating supply of 589.24 trillion remains unchanged. Some view this as a big ask for a meme coin with little real-world use case, even if the sector does expand substantially in the future.
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