Tennessee regulator warned that failure to comply could trigger steep fines, court injunctions and potential law enforcement referrals for for further investigation.
XRP kicked off January with a massive break above $2 and a rally towards $2.4. However, since then, the cryptocurrency has struggled to keep up bullish momentum. Now, attention has turned to a familiar and stubborn technical level, one that has shaped XRP’s history as resistance and support over many years.
In a recent post on X, crypto analyst Steph highlighted this level and its significance as a vantage point that correlates with the cryptocurrency’s latest price outlook.
Related Reading: Crypto Market Watches As Clarity Act Enters Senate Debate Next Week: US Senator A Resistance Zone Etched In History Technical analysis of XRP’s price action on the 12-month candlestick timeframe focuses on a price region that has haunted the cryptocurrency since 2017.
According to crypto analyst Steph, every major cycle rally has stalled around $2, and this makes it a defining long-term resistance area for the cryptocurrency. This pattern is meaningful and not at a random price target.
When price consolidates beneath a barrier for years, the pressure that builds can cause a powerful upside move once the barrier finally gives way.
According to Steph, a clean, consecutive close above $2 on a yearly timeframe would mean that long-term supply has been exhausted and could open the door to a much larger repricing for XRP. This perspective aligns with recent chart behavior.
XRP climbed above $2.40 very briefly in early January, but it could not sustain the breakout, retreating toward the mid-$2 area after sellers re-entered the market. Current price readings show the cryptocurrency trading around the high $2 region at $2.09. XRP 12-Month Price Chart.
Source: @Steph_iscrypto On X What A Breakout Could Mean For The Next Chapter The challenge for XRP is not whether it can trade above $2, because it already has. The token spent much of the first half of 2025 above this level, and this eventually carried the price to an all-time high at $3.65.
The issue is that XRP has consistently gravitated back toward the $2 zone over time, turning it into a recurring pivot base for support and resistance. This behavior has caused several breakout attempts to appear as little more than long upper wicks on the 12-month candlestick timeframe, followed by mean reversion.
What matters now is not a brief push through the level, but whether XRP can break above $2 and hold it with a meaningful close on higher timeframes. A sustained close above $2 would mean that supply at this level is finally being absorbed. That outcome would be an important milestone in XRP’s long-term structure.
However, before that can happen, XRP’s price action still needs to establish strength on mid-timeframes. The important thing will be whether $2 can change from resistance to support in the weeks and months ahead.
Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator If it breaks above $2 convincingly, then it can create another base at a higher price level. In Steph’s projection, such a structural change could open XRP for an extended move, with upside targets stretching as high as $30.
Featured image from Unsplash, chart from TradingView
Jan3 founder Samson Mow’s predictions are among the more bullish outlooks compared with most recent forecasts from other crypto market participants.
XRP has started the new year with an interesting amount of upside boost, following weeks of consistent bearish movement that ended in 2025. Amid the modest bullish sentiment in the market, a recent evaluation has surfaced, which proffers a cautious outlook on the XRP price.
Related Reading: Ripple Builds ‘Next Amazon’ With XRP At The Center, Says Crypto CEO What Does The Gravestone Doji Reveal? In a recent post on X, popular analyst Ali Martinez shares that a candlestick — specifically the gravestone Doji — has appeared on XRP’s weekly chart.
While a standard doji candle typically tells a story of indecision between the buyers and sellers of an asset, a gravestone doji tells a different tale, in that the three defining features: the open, close, and low levels are at or very near the same price.
The gravestone Doji also presents with a long upper wick (also referred to as a shadow) and has very little or no lower wicks. Based on its structure, it becomes apparent what must have occurred in the market.
A long upper wick is typically a sign of bearish rejection after the market has been initially dominated by buyers. Simply put, sellers stepped in aggressively to push prices back downwards, counteracting previous progress influenced by buyers.
This, then, indicates the presence of significant resistance above, as the candlestick is unable to close above the open price. In this case, the Doji appears on a higher (weekly) timeframe, suggesting that this rejection from the upside carries significance for price.
The upper wick extends towards the $2.41 price level, and sharply declines downwards, sending the price towards the $2.06 support. Nonetheless, it is worth noting that the appearance of a gravestone doji is not automatic bearish news.
More accurately, it signals the loss of bullish strength, in turn reflecting hesitation or unwillingness among buyers, especially in the short to medium-term.
Related Reading: Chainlink Stuck In A Micro-Range As Traders Await A Clear Trigger Key Levels To Watch As XRP Stands At Critical Point For the XRP price to become truly bearish, the weekly candle must close beneath the critical $2.00 threshold.
When this happens, prices could fall to as low as $1.88, where the next support lies, indicating a bearish outlook in the short to midterm.
submitted by /u/Every_Hunt_160 [link] [comments]
Ethereum’s social media sentiment is “kind of reminiscent” of what was seen before its last major run, according to Santiment.
Bitcoin continues to hover within the $90,000 price range, producing no significant price movement in the last 24 hours. Meanwhile, a subtle on-chain development is indicating a potential change in market trend.
Related Reading: Bitcoin Top Is Not In At $126,000, According To The Business Cycle, Here’s Why STH SOPR Above 1 — Bullish Rebound Or Fakeout? The Short-Term Holder Spent Output Profit Ratio (STH-SOPR) is a key on-chain metric that judges investors’ sentiment.
In definition, the STH-SOPR measures whether Bitcoin holders are presently selling their assets at a loss or at a profit. According to pseudonymous analyst CryptoMe, this important on-chain metric has recently flashed an eye-catching signal that could imply a trend reversal following months of deep market corrections.
Notably, Bitcoin slipped into a prolonged downtrend in early October, after establishing its current all-time high at $126,100. On October 10, which represents the initial phase of this price correction, CryptoMe states the STH-SOPR fell below 1.0 in line with its natural behavior.
As seen in the image above, the Bitcoin STH-SOPR stays below 1.0 during bear seasons to indicate that BTC holders are exiting at a loss. During this period, it is also observed that 1.0 midline acts as an effective resistance, restricting upward STH-SOPR movement to signal that the market structure remains weak.
Alternatively, in bullish markets, the STH-SOPR moves above 1.0, which becomes a strong price floor provided a buy-side dominance remains. According to CryptoMe, this latter positive scenario has occurred in the past week, marking the first instance after October 10.
In line with standard interpretation, CryptoMe explains that this recent development represents a new hope for a possible trend reversal if the STH-SOPR sustains its move above the 1.0 threshold. Notably, an opposite case would suggest a fake-out and possibly reinforce existing bearish market sentiments.
Related Reading: Bitcoin Maintains Mid-$90k Levels: Possible Price Targets — Analyst Bitcoin Market Overview At the time of writing, Bitcoin trades at $90,590, after a negligible 0.13% gain in the past 24 hours. However, its daily trading volume is down by 66.41% and valued at $13.38 billion.
This suggests that market participation is fading out amid a sustained consolidation. In terms of a potential breakout, emerging market catalysts suggest an equal potential for the price to swing in either direction.
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submitted by /u/GreedVault [link] [comments]
Hot take, so please feel free to disagree. Those of you who chat with me on other crypto subs here know that I'm genuinely interested in the discussion, not here to troll-post! During the 2020 madness, I remember that it was IMPOSSIBLE to keep up with the new posts.
It was this flurry of activity (most of it total bullshit) and it felt so alive. I've never stopped being a member, but I feel like even the latest bitcoin ATH didn't generate anything close to the maelstrom. I'm trying to pinpoint what is different this time. I guess Reddit as a business has pivoted away from crypto.
The sunsetting of moons and the Reddit Collectible Avatar NFT program. The shutting down of Reddit vaults. Maybe I've answered my own question. Maybe Reddit had been a crypto-forward platform and because that's shut down, the crowd found a new spot? submitted by /u/SenseiRaheem [link] [comments]
submitted by /u/partymsl [link] [comments]
Bitcoin mining difficulty, which hit repeated highs in 2025, recorded a slight decline in its first network adjustment of 2026.
The outage was the second major network disruption in 2025, with both incidents requiring a block reorganization that rolled back some activity.
CoinDesk sat down with Robinhood’s head of crypto, Johann Kerbrat, to get an update on its upcoming layer-2 network, its tokenized stocks program, and its staking offerings.
Many in the Bitcoin community continue to speculate that cryptographer Hal Finney was Bitcoin's pseudonymous creator, Satoshi Nakamoto.
submitted by /u/Odd-Radio-8500 [link] [comments]
Bitcoin whales began repeating a classic bull signal as they took BTC long positions off the table after a year of declining overall market exposure.
Lawmakers will (finally) vote on a market structure bill next week.
The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.
submitted by /u/Wise-Grapefruit-1443 [link] [comments]
On the other hand, the closure of the doji above $2.00 will give a glimmer of hope to the XRP price, as macroeconomic factors could come into play in injecting new demand into the market. In this case, the $2.10 – $2.30 resistance region must be overcome to allow a sustained uptrend.
As of this writing, XRP trades at $2.08, reflecting a measly 0.31% percent move in the last 24 hours, per CoinMarketCap data. Featured image from Flickr, chart from Tradingview
For example, the odds of the Federal Open Market Committee implementing a rate cut have dropped drastically from 95% to 5%. Following recent predictions, the policy committee is likely to hold the rates steady, which may draw out a possible negative reaction from Bitcoin.
On the other hand, regulatory developments in the US are shaping up positively. Most notably, the Clarity Act has been slated for a markup session, indicating progress toward regulatory clarity that could encourage further institutional and retail investment. Featured image from Flickr, chart from Tradingview
