Infinity trades
Professional trader🎯 \ Endless analysis \ Earn profits \ Happy journey \
111 Жазылым
2.3K+ Жазылушылар
8.5K+ лайк басылған
272 Бөлісу
Жазбалар
Барлығы
Баға ұсыныстары
Видеолар
Тікелей эфир
$BASED Looks Weak After The Bounce 👀📉
I’m looking for a long here📈🔺
Entry around nearby $0.1132,
keeping a tight invalidation (SL) at $0.1102,
aiming for $0.1257 first,
then a deeper move toward the higher resistance zone if momentum continues.
BASED had a sharp sell-off from the $0.14 area and the bounce after the dump still looks weak. Price is now moving sideways near $0.113 while buyers are struggling to create strong continuation candles. That usually tells me the market is still unstable and highly emotional right now.
The important thing here is how price reacted after the panic drop. Instead of a strong recovery, we’re seeing slow movement with lower momentum and repeated rejection around the same zone. That’s where late traders usually get trapped thinking the bottom is already confirmed. ⚠️
If buyers manage to push above the local resistance area, short liquidations could send this quickly toward $0.125+. But if volatility comes back and support fails again, this chart can easily turn into another fast flush.
This is one of those setups where patience matters more than emotions. 🧠
I’m looking for a long here📈🔺
Entry around nearby $0.1132,
keeping a tight invalidation (SL) at $0.1102,
aiming for $0.1257 first,
then a deeper move toward the higher resistance zone if momentum continues.
BASED had a sharp sell-off from the $0.14 area and the bounce after the dump still looks weak. Price is now moving sideways near $0.113 while buyers are struggling to create strong continuation candles. That usually tells me the market is still unstable and highly emotional right now.
The important thing here is how price reacted after the panic drop. Instead of a strong recovery, we’re seeing slow movement with lower momentum and repeated rejection around the same zone. That’s where late traders usually get trapped thinking the bottom is already confirmed. ⚠️
If buyers manage to push above the local resistance area, short liquidations could send this quickly toward $0.125+. But if volatility comes back and support fails again, this chart can easily turn into another fast flush.
This is one of those setups where patience matters more than emotions. 🧠
$BIO 🚀 Everyone ignored it around $0.028 — now the same crowd is watching it fly above $0.041 in disbelief.
This is how the market traps late traders.📈
Silence at the bottom.🙉
FOMO at the breakout.🙊
$BIO is showing aggressive momentum after reclaiming the $0.035 zone with strong volatility expansion. Buyers stepped in hard, and now price is trying to build support above $0.040 instead of instantly collapsing. That matters.
Right now, $0.0400 is the key psychological level.
As long as bulls defend that area, another push toward $0.0445–$0.0460 is possible.
But don’t ignore the danger here.
This type of fast move attracts emotional longs exactly where smart money starts reducing exposure. If $0.040 breaks with heavy selling pressure, a quick flush back toward $0.037–$0.035 can happen very fast.
Market is entering high-volatility territory now.
Late entries become risky.
Patience becomes profitable.
The next few candles will decide whether BIO continues the breakout… or turns into another liquidity trap for emotional traders.
This is how the market traps late traders.📈
Silence at the bottom.🙉
FOMO at the breakout.🙊
$BIO is showing aggressive momentum after reclaiming the $0.035 zone with strong volatility expansion. Buyers stepped in hard, and now price is trying to build support above $0.040 instead of instantly collapsing. That matters.
Right now, $0.0400 is the key psychological level.
As long as bulls defend that area, another push toward $0.0445–$0.0460 is possible.
But don’t ignore the danger here.
This type of fast move attracts emotional longs exactly where smart money starts reducing exposure. If $0.040 breaks with heavy selling pressure, a quick flush back toward $0.037–$0.035 can happen very fast.
Market is entering high-volatility territory now.
Late entries become risky.
Patience becomes profitable.
The next few candles will decide whether BIO continues the breakout… or turns into another liquidity trap for emotional traders.
$CHZ 📉 is at that dangerous stage where weak hands panic… and smart money starts watching quietly. 👀
Most late traders bought the excitement near $0.050 —
now they’re getting trapped in this fast selloff.
That’s how this market works.
Euphoria at the top. Fear at support.
Right now CHZ is fighting around the $0.041 zone after a brutal rejection from the $0.050 area.
This level is important because if buyers fail to defend it, price can quickly flush toward $0.039 - $0.037 with heavy volatility.
But here’s the interesting part…
The dump is slowing down.
Selling pressure is no longer as aggressive as before, and price is starting to stabilize after panic candles. That usually means the market is preparing for a violent next move.
If bulls reclaim $0.0425 - $0.043, expect short-term momentum back toward $0.046+.
But if support cracks, late buyers could face another emotional wipeout.
This is the zone where traders get manipulated the most.
Fake breakdowns. Sudden reversals. Liquidation hunts.
Most late traders bought the excitement near $0.050 —
now they’re getting trapped in this fast selloff.
That’s how this market works.
Euphoria at the top. Fear at support.
Right now CHZ is fighting around the $0.041 zone after a brutal rejection from the $0.050 area.
This level is important because if buyers fail to defend it, price can quickly flush toward $0.039 - $0.037 with heavy volatility.
But here’s the interesting part…
The dump is slowing down.
Selling pressure is no longer as aggressive as before, and price is starting to stabilize after panic candles. That usually means the market is preparing for a violent next move.
If bulls reclaim $0.0425 - $0.043, expect short-term momentum back toward $0.046+.
But if support cracks, late buyers could face another emotional wipeout.
This is the zone where traders get manipulated the most.
Fake breakdowns. Sudden reversals. Liquidation hunts.
📉🔻 Both $QUICK and $NFP just printed aggressive downside wicks — classic panic flush.
Late traders sold the bottom… while big players quietly started positioning.
QUICK/USDT
Price nuked straight into 0.0085 zone and instantly bounced.
That’s not random — that’s a reaction level.
Now watch carefully:
If price holds above 0.0088 – 0.0090, we could see a relief push toward 0.0102 – 0.0105.
But if it loses 0.0085, don’t be surprised by another sweep toward 0.0080.
Volatility is high. This is not a “comfort zone” market.
NFP/USDT
Even more brutal — straight drop from the range into 0.0114 demand zone.
Immediate bounce shows buyers are active… but not fully in control yet.
Key levels:
Holding above 0.0116 – 0.0118 → possible push back to 0.0130 – 0.0135.
Fail this level… and we revisit 0.0110 or lower.
⚠️ Market Psychology Right Now:
Retail = panic selling the wick.
Smart money = accumulating fear.
This is where patience pays… or emotions destroy accounts.
💬 Real talk:
🔸Don’t chase green candles after a dump.
Don’t short into support after a crash.
🔸volatility is the game — and only disciplined traders survive it.
Late traders sold the bottom… while big players quietly started positioning.
QUICK/USDT
Price nuked straight into 0.0085 zone and instantly bounced.
That’s not random — that’s a reaction level.
Now watch carefully:
If price holds above 0.0088 – 0.0090, we could see a relief push toward 0.0102 – 0.0105.
But if it loses 0.0085, don’t be surprised by another sweep toward 0.0080.
Volatility is high. This is not a “comfort zone” market.
NFP/USDT
Even more brutal — straight drop from the range into 0.0114 demand zone.
Immediate bounce shows buyers are active… but not fully in control yet.
Key levels:
Holding above 0.0116 – 0.0118 → possible push back to 0.0130 – 0.0135.
Fail this level… and we revisit 0.0110 or lower.
⚠️ Market Psychology Right Now:
Retail = panic selling the wick.
Smart money = accumulating fear.
This is where patience pays… or emotions destroy accounts.
💬 Real talk:
🔸Don’t chase green candles after a dump.
Don’t short into support after a crash.
🔸volatility is the game — and only disciplined traders survive it.
$ICP 📉 sitting around $2.42 right now — looks boring? That’s exactly how traps are built.
Price has been chopping in a tight range, slowly bleeding confidence out of late traders. Everyone who chased that spike near $2.65–$2.70 is either underwater or already out. Classic reset phase.
Now pay attention…
Key levels:
Support: $2.35 – $2.30 (buyers stepped in multiple times)
Resistance: $2.50 – $2.55 (rejection zone, liquidity sitting above)
Breakout trigger: $2.60+ (this is where momentum flips fast)
Right now, price is compressing.
And compression = volatility loading.
If bulls defend this zone and push above $2.50, don’t be surprised to see a quick squeeze toward $2.65+. That’s where late traders will start FOMO buying again.
But if $2.30 breaks clean, downside opens to $2.20 – $2.10 fast. No mercy moves.
This is not a trending market…
This is a decision zone.
Price has been chopping in a tight range, slowly bleeding confidence out of late traders. Everyone who chased that spike near $2.65–$2.70 is either underwater or already out. Classic reset phase.
Now pay attention…
Key levels:
Support: $2.35 – $2.30 (buyers stepped in multiple times)
Resistance: $2.50 – $2.55 (rejection zone, liquidity sitting above)
Breakout trigger: $2.60+ (this is where momentum flips fast)
Right now, price is compressing.
And compression = volatility loading.
If bulls defend this zone and push above $2.50, don’t be surprised to see a quick squeeze toward $2.65+. That’s where late traders will start FOMO buying again.
But if $2.30 breaks clean, downside opens to $2.20 – $2.10 fast. No mercy moves.
This is not a trending market…
This is a decision zone.
$PAXG ✅ move just caught people off guard… and most are still trying to figure out what happened.
While late traders were panicking near 4,520–4,550, smart money quietly stepped in.
Now look at it… clean bounce straight back to the 4,600+ zone. That’s not random — that’s intent.
Right now, 4,620 is the key ceiling.
Price already wicked into that zone once. If it breaks and holds above it, don’t be surprised to see a quick push toward 4,650–4,680.
But here’s the trap…
If price fails to hold above 4,580 again, this entire move could turn into a fake breakout.
And we all know what happens then — fast drop, no mercy, back toward 4,520 liquidity.
Market is heating up. Volatility is back.
This is where traders either make clean entries… or become exit liquidity.
Stay sharp. Don’t chase green candles.
Let the market come to you.
While late traders were panicking near 4,520–4,550, smart money quietly stepped in.
Now look at it… clean bounce straight back to the 4,600+ zone. That’s not random — that’s intent.
Right now, 4,620 is the key ceiling.
Price already wicked into that zone once. If it breaks and holds above it, don’t be surprised to see a quick push toward 4,650–4,680.
But here’s the trap…
If price fails to hold above 4,580 again, this entire move could turn into a fake breakout.
And we all know what happens then — fast drop, no mercy, back toward 4,520 liquidity.
Market is heating up. Volatility is back.
This is where traders either make clean entries… or become exit liquidity.
Stay sharp. Don’t chase green candles.
Let the market come to you.
What next after TRON’s 53% activity spike? Traders, look out for THIS move!🔻💥
Tron [$TRX ] has been among the market’s most stable altcoins lately, despite the often bearish market structure. In fact, TRX’s price has been on a constant uptrend since 2021 with normal corrections.
Its network activity has been surging too, alongside the accumulation trend from Tron Inc. [Nasdaq: TRON] treasury.
Identifying the surge in network activity
Active addresses, transactions, stablecoin market cap, and revenue on the TRON Network have been increasing over the past month.
According to DefiLlama, the number of active addresses hit 76.09 million in April, up from 51.86 million. This was equivalent to a 46.72% hike since March.
Additionally, the number of transactions grew by 53.76% during the same period, with the number rising from 189.16 million to 290.85 million.
Data also showed fundamentals getting stronger month by month, though the price action did not reflect the same. Historically, an increase in users and activity have preceded bull runs.
Tron Inc.’s treasury buying trend
In terms of capital deployment into the altcoin, Tron Inc. bought about 154K TRX from the HTX exchange. This amount was worth about $50K, bringing the company’s total holdings to $225 million.
The company has been purchasing an average of $50K worth of TRX for the last three months.
TRX eyeing to flip Ichimoku Cloud into support
On the hourly charts, TRX’s price has been rallying higher since losing support at $0.3226. The reclaiming of this level rendered the breakdown a fake-out.
TRX has, however, continued to consolidate between $0.3226 and $0.3246. An attempt to break above this range was met with a rejection as TRX’s price formed a double top at $0.3260.
Strong network activity alongside a consistent accumulation trend from the Nasdaq-listed firm indicated bullishness. This suggested that TRX’s price may flip the Ichimoku Cloud, turning it into support. However, bears seemed to be rejecting this projection at press time.
Tron [$TRX ] has been among the market’s most stable altcoins lately, despite the often bearish market structure. In fact, TRX’s price has been on a constant uptrend since 2021 with normal corrections.
Its network activity has been surging too, alongside the accumulation trend from Tron Inc. [Nasdaq: TRON] treasury.
Identifying the surge in network activity
Active addresses, transactions, stablecoin market cap, and revenue on the TRON Network have been increasing over the past month.
According to DefiLlama, the number of active addresses hit 76.09 million in April, up from 51.86 million. This was equivalent to a 46.72% hike since March.
Additionally, the number of transactions grew by 53.76% during the same period, with the number rising from 189.16 million to 290.85 million.
Data also showed fundamentals getting stronger month by month, though the price action did not reflect the same. Historically, an increase in users and activity have preceded bull runs.
Tron Inc.’s treasury buying trend
In terms of capital deployment into the altcoin, Tron Inc. bought about 154K TRX from the HTX exchange. This amount was worth about $50K, bringing the company’s total holdings to $225 million.
The company has been purchasing an average of $50K worth of TRX for the last three months.
TRX eyeing to flip Ichimoku Cloud into support
On the hourly charts, TRX’s price has been rallying higher since losing support at $0.3226. The reclaiming of this level rendered the breakdown a fake-out.
TRX has, however, continued to consolidate between $0.3226 and $0.3246. An attempt to break above this range was met with a rejection as TRX’s price formed a double top at $0.3260.
Strong network activity alongside a consistent accumulation trend from the Nasdaq-listed firm indicated bullishness. This suggested that TRX’s price may flip the Ichimoku Cloud, turning it into support. However, bears seemed to be rejecting this projection at press time.
$LUNC just quietly built strength after that explosive move — and now it’s not dumping… it’s holding. That’s where smart money starts getting interested, not when candles are flying.
Look closely. Price is ranging around 0.000068–0.000070.
That’s not weakness — that’s absorption.
Late traders see “no movement” and lose patience.
Experienced traders see consolidation before the next leg.
If this level holds, next push toward 0.000072–0.000075 is very much on the table.
Break that… and volatility will spike hard — fast moves, no time to react.
But don’t get emotional here.
Lose 0.000065, and this structure weakens.
That’s where weak hands start panicking… and liquidity gets hunted.
Right now?
This is a patience game.
Look closely. Price is ranging around 0.000068–0.000070.
That’s not weakness — that’s absorption.
Late traders see “no movement” and lose patience.
Experienced traders see consolidation before the next leg.
If this level holds, next push toward 0.000072–0.000075 is very much on the table.
Break that… and volatility will spike hard — fast moves, no time to react.
But don’t get emotional here.
Lose 0.000065, and this structure weakens.
That’s where weak hands start panicking… and liquidity gets hunted.
Right now?
This is a patience game.
$LINK Outflow Hits 2026 High as 970,430 Tokens Leave Exchanges in One Day💥👀
On-chain data from Santiment shows 970,430 LINK tokens left centralized exchanges on April 27 in a single day, the largest LINK outflow since December 2, 2025, worth approximately $8.95 million, as exchange reserves continued a 25-day decline from 141.5 million to 130.9 million.
⚡The 970,430 LINK withdrawal on April 27 was worth approximately $8.95 million at the time and represents the largest single-day net outflow for Chainlink since December 2, 2025.
⚡Exchange reserves have fallen consistently since April 3, when a 15-million-token inflow spike pushed reserves to their 30-day peak of 141.5 million tokens before a sustained withdrawal trend reversed the entire move.
⚡LINK was trading near $9.23 with an RSI of 42.31, below all three major moving averages, with the $9.50 level as the near-term resistance analysts identify as the breakout trigger.
On-chain data from Santiment shows 970,430 LINK tokens left centralized exchanges on April 27 in a single day, the largest LINK outflow since December 2, 2025, worth approximately $8.95 million, as exchange reserves continued a 25-day decline from 141.5 million to 130.9 million.
⚡The 970,430 LINK withdrawal on April 27 was worth approximately $8.95 million at the time and represents the largest single-day net outflow for Chainlink since December 2, 2025.
⚡Exchange reserves have fallen consistently since April 3, when a 15-million-token inflow spike pushed reserves to their 30-day peak of 141.5 million tokens before a sustained withdrawal trend reversed the entire move.
⚡LINK was trading near $9.23 with an RSI of 42.31, below all three major moving averages, with the $9.50 level as the near-term resistance analysts identify as the breakout trigger.
🚨 BNB Chain Leads All Blockchains With 150,000 On-Chain AI Agents
BNB Chain has surpassed 150,000 on-chain AI agent deployments as of April 2026, a 43,750% increase since January, while Binance simultaneously launched its Agentic Wallet, a keyless wallet allowing AI bots to trade and transfer tokens on behalf of its 250 million users without accessing their primary accounts.
🔸BNB Chain’s AI agent count grew from a minimal base in January 2026 to over 150,000 deployments by April, driven by the network’s low fees, high throughput, and developer tooling for autonomous agent deployment.
🔸Binance’s Agentic Wallet is a keyless wallet architecture specifically designed for AI agents, allowing automated trading and transfers within defined parameters without the bot touching the user’s main account keys.
🔸$BNB price held above $625 during the broader April 28 to 29 market decline, with analysts citing BNB Chain’s structural AI agent demand as a driver of relative price resilience compared to $ETH and $XRP
BNB Chain has surpassed 150,000 on-chain AI agent deployments as of April 2026, a 43,750% increase since January, while Binance simultaneously launched its Agentic Wallet, a keyless wallet allowing AI bots to trade and transfer tokens on behalf of its 250 million users without accessing their primary accounts.
🔸BNB Chain’s AI agent count grew from a minimal base in January 2026 to over 150,000 deployments by April, driven by the network’s low fees, high throughput, and developer tooling for autonomous agent deployment.
🔸Binance’s Agentic Wallet is a keyless wallet architecture specifically designed for AI agents, allowing automated trading and transfers within defined parameters without the bot touching the user’s main account keys.
🔸$BNB price held above $625 during the broader April 28 to 29 market decline, with analysts citing BNB Chain’s structural AI agent demand as a driver of relative price resilience compared to $ETH and $XRP
Everyone’s watching $100… but the market is playing a different game right now👀⚡
$SOL keeps teasing that upside, tapping into $88–$89 resistance… and every time it gets there, sellers show up like clockwork.
That’s not weakness — that’s a range being built.
Look closer…
Price is respecting $82–$83 support zone again and again.
That’s the base where buyers quietly step in while retail waits for confirmation up top.
So what’s happening?
Simple… market is compressing.
If SOL finally breaks and holds above $89,
that’s when momentum flips fast → $92 → $95 → eyes back on $100.
And trust me, that move won’t wait for late entries.
But here’s the other side people ignore…
Lose $82, and this range breaks down.
Then price likely sweeps into that $78–$80 demand zone — the real “buy zone” marked on the chart.
Right now, this is a patience game.
Chasers get chopped.
Smart traders wait for confirmation or clean entries at extremes.
$SOL keeps teasing that upside, tapping into $88–$89 resistance… and every time it gets there, sellers show up like clockwork.
That’s not weakness — that’s a range being built.
Look closer…
Price is respecting $82–$83 support zone again and again.
That’s the base where buyers quietly step in while retail waits for confirmation up top.
So what’s happening?
Simple… market is compressing.
If SOL finally breaks and holds above $89,
that’s when momentum flips fast → $92 → $95 → eyes back on $100.
And trust me, that move won’t wait for late entries.
But here’s the other side people ignore…
Lose $82, and this range breaks down.
Then price likely sweeps into that $78–$80 demand zone — the real “buy zone” marked on the chart.
Right now, this is a patience game.
Chasers get chopped.
Smart traders wait for confirmation or clean entries at extremes.
This move just woke everyone up… but the real game starts now👀🔥
$DOGE just snapped out of that slow grind and pushed straight into $0.105–$0.106 zone… yeah, that’s not random.
That’s where weak hands start chasing… and smart money starts watching.
You see that clean breakout from $0.100 psychological level?
That level was a wall… now it’s acting like a floor.
If price holds above it, momentum stays bullish.
But don’t get too comfortable…
There’s heavy eyes sitting near $0.108–$0.110 resistance.
That’s the zone where late buyers usually get trapped if momentum fades.
If bulls keep pressure → we could see a quick spike towards $0.112+
Fast move. High volatility. No mercy.
But if price slips back below $0.102–$0.100,
that breakout turns into a fakeout… and downside liquidity gets hunted fast.
Right now?
Market is heating up. Emotions kicking in.
FOMO traders entering late… while experienced ones are already managing risk.
Stay sharp. This isn’t the move…
This is just the setup before the real volatility hits.
$DOGE just snapped out of that slow grind and pushed straight into $0.105–$0.106 zone… yeah, that’s not random.
That’s where weak hands start chasing… and smart money starts watching.
You see that clean breakout from $0.100 psychological level?
That level was a wall… now it’s acting like a floor.
If price holds above it, momentum stays bullish.
But don’t get too comfortable…
There’s heavy eyes sitting near $0.108–$0.110 resistance.
That’s the zone where late buyers usually get trapped if momentum fades.
If bulls keep pressure → we could see a quick spike towards $0.112+
Fast move. High volatility. No mercy.
But if price slips back below $0.102–$0.100,
that breakout turns into a fakeout… and downside liquidity gets hunted fast.
Right now?
Market is heating up. Emotions kicking in.
FOMO traders entering late… while experienced ones are already managing risk.
Stay sharp. This isn’t the move…
This is just the setup before the real volatility hits.
This is where weak hands get shaken out… and patient traders get paid.🔻📉
$WIN is sitting around 0.0000196 after a clean rejection from the 0.0000208 – 0.0000210 zone. That area is clearly acting like a ceiling right now — every push up gets slapped back down.
Look closely… price is drifting lower, forming a short-term bearish structure. But here’s the catch — it’s approaching a demand zone near 0.0000192 – 0.0000194. This is where things get interesting.
If this level holds, don’t be surprised to see a quick bounce back toward 0.0000205+. That’s where late sellers start panicking… and momentum flips fast.
But if it breaks clean below 0.0000190, then it’s a different story. Expect a liquidity sweep toward 0.0000185 or lower. That’s where real buyers might step in again.
Right now, it’s a patience game.
Choppy moves, fake breakouts, emotional trades — this is exactly the kind of market where most people get trapped.
#WIN
$WIN is sitting around 0.0000196 after a clean rejection from the 0.0000208 – 0.0000210 zone. That area is clearly acting like a ceiling right now — every push up gets slapped back down.
Look closely… price is drifting lower, forming a short-term bearish structure. But here’s the catch — it’s approaching a demand zone near 0.0000192 – 0.0000194. This is where things get interesting.
If this level holds, don’t be surprised to see a quick bounce back toward 0.0000205+. That’s where late sellers start panicking… and momentum flips fast.
But if it breaks clean below 0.0000190, then it’s a different story. Expect a liquidity sweep toward 0.0000185 or lower. That’s where real buyers might step in again.
Right now, it’s a patience game.
Choppy moves, fake breakouts, emotional trades — this is exactly the kind of market where most people get trapped.
#WIN
Chainlink exchange outflows hit biggest level since December
🔸Chainlink recorded 970,430 LINK in net exchange outflows, its highest one-day withdrawal since December 2025.
🔸$LINK traded at $9.23 despite rising demand, showing weak short-term momentum across the broader market.
🔸BridgeTower deployed Chainlink infrastructure for tokenized securities tied to the $11 billion DOM X project.
🔸Chainlink recorded 970,430 LINK in net exchange outflows, its highest one-day withdrawal since December 2025.
🔸$LINK traded at $9.23 despite rising demand, showing weak short-term momentum across the broader market.
🔸BridgeTower deployed Chainlink infrastructure for tokenized securities tied to the $11 billion DOM X project.
Will $XRP price crash to $1 as bearish pennant pattern takes shape?
XRP price fell 5% from last week’s high, driven down by declining network activity and cooling retail interest. It has now formed a bearish pennant pattern that positions the token for more pain in the coming sessions.
Summary
🔸XRP price fell about 5% to $1.39, extending losses to nearly 40% from its January peak as network activity and retail participation declined.
🔸XRP Ledger metrics weakened, with fees dropping to $34.9K this month, daily transactions falling to ~212K, and active users slipping to 168K.
🔸Bearish pennant pattern and negative Chaikin Money Flow signal continued downside risk, with $1 identified as the next key support level.
According to data from crypto.news,
XRP price fell 5% from last Wednesday’s high to $1.39 at press time, while its market cap dropped to $85.8 billion. At its current price, the token is down nearly 40% from its year-to-date high of $2.36 reached in early January.
Network revenue has remained subdued, with the protocol generating just $34,900 in fees so far this month. That follows $75,000 in the first quarter, down from $128,000 in the previous quarter, pointing to reduced usage despite the project’s large valuation.
At the same time, the network’s burn rate has eased further. Only around 400 XRP tokens, valued at less than $600, are being burned each day. A slower burning rate reduces the deflationary pressure on the circulating supply and makes it harder for the price to sustain upward momentum.
XRP price action has also slipped below the 61.8% Fibonacci retracement level, a threshold traders often watch to confirm downside continuation. Furthermore, the Chaikin Money Flow index has fallen to a negative reading, suggesting that capital is flowing out of the asset as whales and institutional investors trim their positions.
Given these signals, the near-term outlook remains tilted to the downside. The next major level to monitor sits around $1. A break below that zone could open the door to deeper losses,
XRP price fell 5% from last week’s high, driven down by declining network activity and cooling retail interest. It has now formed a bearish pennant pattern that positions the token for more pain in the coming sessions.
Summary
🔸XRP price fell about 5% to $1.39, extending losses to nearly 40% from its January peak as network activity and retail participation declined.
🔸XRP Ledger metrics weakened, with fees dropping to $34.9K this month, daily transactions falling to ~212K, and active users slipping to 168K.
🔸Bearish pennant pattern and negative Chaikin Money Flow signal continued downside risk, with $1 identified as the next key support level.
According to data from crypto.news,
XRP price fell 5% from last Wednesday’s high to $1.39 at press time, while its market cap dropped to $85.8 billion. At its current price, the token is down nearly 40% from its year-to-date high of $2.36 reached in early January.
Network revenue has remained subdued, with the protocol generating just $34,900 in fees so far this month. That follows $75,000 in the first quarter, down from $128,000 in the previous quarter, pointing to reduced usage despite the project’s large valuation.
At the same time, the network’s burn rate has eased further. Only around 400 XRP tokens, valued at less than $600, are being burned each day. A slower burning rate reduces the deflationary pressure on the circulating supply and makes it harder for the price to sustain upward momentum.
XRP price action has also slipped below the 61.8% Fibonacci retracement level, a threshold traders often watch to confirm downside continuation. Furthermore, the Chaikin Money Flow index has fallen to a negative reading, suggesting that capital is flowing out of the asset as whales and institutional investors trim their positions.
Given these signals, the near-term outlook remains tilted to the downside. The next major level to monitor sits around $1. A break below that zone could open the door to deeper losses,
Басқа контенттерді шолу үшін жүйеге кіріңіз