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  • XRP’s Next Few Days Crucial for Price Action

    XRP’s Next Few Days Crucial for Price Action

    XRP’s recent price movements indicate growing uncertainty, with volatility decreasing on longer timeframes while shorter-term charts show repeated price reactions at established support and resistance levels. These periods of contraction often precede significant directional shifts, making the upcoming trading sessions crucial for the cryptocurrency.

    Daily Chart Analysis

    On the daily timeframe, XRP remains below a long-term descending trendline and is struggling around the 100-day moving average, currently near $1.38. This moving average has recently acted as dynamic resistance, preventing buyers from sustaining upward momentum.

    The price is also approaching the narrowing section of a broader descending channel, suggesting a potential breakout is developing. As volatility compresses, XRP appears to be entering a decision zone where prolonged consolidation becomes less likely.

    Currently, the primary resistance level is the $1.75-$1.85 supply region, with stronger resistance around the 200-day moving average near $2.0. On the downside, key support is located around the $1.10-$1.20 demand zone.

    The most probable short-term scenario is continued compression around the 100-day moving average at $1.38, followed by an impulsive breakout. A bullish breakout above the descending channel and the $1.40-$1.45 area could trigger a recovery toward the $1.75-$1.85 resistance region. Conversely, rejection from current levels may reinforce the broader bearish trend and expose lower support levels.

    4-Hour Chart Analysis

    The 4-hour chart reveals a clearer range-bound structure. XRP has been oscillating between support around the $1.27-$1.30 zone and resistance near $1.53-$1.57 for several weeks, forming a relatively stable consolidation range.

    Recently, the price revisited the lower boundary of this range near $1.30, triggering another bullish reaction. This suggests buyers continue to defend the support area, increasing the possibility of a short-term move higher.

    As long as XRP holds above the $1.30 support region, the path toward the upper boundary around $1.53-$1.57 remains open. Such a move would represent a corrective bullish swing within the broader sideways structure rather than confirmation of a larger trend reversal.

    However, repeated tests of support tend to weaken demand over time. Therefore, failure to maintain the $1.30 level could invalidate the consolidation range and increase the probability of renewed downside pressure. For now, the market structure favors continued ranging behavior, with the upper resistance zone near $1.55 acting as the primary target for any short-term recovery.

  • Dogecoin Eyes Breakout After Fibonacci Retest

    Dogecoin Eyes Breakout After Fibonacci Retest

    Dogecoin Approaches Key Technical Level, Echoing 2024 Rally

    Dogecoin is currently navigating a technical zone that will be familiar to traders who followed its 2024 rally. The weekly chart indicates that Dogecoin is testing a long-term Fibonacci fan structure, drawn from its 2021 peak. The current retest is occurring near the 0.618 Fib fan, following a similar retest of the 0.5 Fib fan that preceded a significant price increase in October 2024. While this technical setup alone does not guarantee a breakout, it places Dogecoin at a crucial weekly decision point.

    Familiar Fibonacci Fan Structure

    The core of this technical analysis centers on Dogecoin’s ongoing trade within a long-term descending resistance structure, which originated from its all-time high of $0.7316 in 2021. The analysis also incorporates Fibonacci wave indicators, specifically expanding fan lines extending from the memecoin’s peak price. These lines have historically served as long-term resistance and breakout markers for DOGE since 2021.

    Dogecoin spent much of 2022 and 2023 trading below these fan lines, only experiencing substantial recoveries after reclaiming one of them. The October 2024 retest provides a point of comparison. During that period, DOGE fell below the 0.5 Fib fan area, consolidated below it for a period, and subsequently rallied, reaching as high as $0.48 in December 2024. The chart now shows a similar retest developing around the 0.618 Fib fan, with Dogecoin currently trading in the $0.10 to $0.11 range.

    Potential for Another Wave?

    Dogecoin’s current interaction with the indicator suggests it may be testing whether another Fib level can act as support. If it holds, the setup would indicate that Dogecoin is establishing another base at a Fib fan level, mirroring the Q4 2024 run.

    A bullish scenario would see DOGE holding above $0.095, breaking through $0.115, and then climbing back above $0.14. This would make the 0.618 Fib fan retest resemble the October 2024 setup, where a technical hold preceded a larger price increase. Conversely, a failed setup would undermine the pattern’s credibility, potentially leading Dogecoin to retest lower support zones. A weekly breakdown below $0.095 would weaken the current pattern and likely result in consolidation between $0.095 and $0.08.

    While Dogecoin’s current price structure is not yet bullish, historical precedent suggests a bullish outcome is the more probable scenario, as Dogecoin has not previously spent a significant amount of time trading below any Fibonacci fan level. At the time of writing, Dogecoin is trading at $0.1028.

  • AI Startup to Pay for Masturbation, Report Says

    AI Startup to Pay for Masturbation, Report Says

    Joi AI, an AI companion startup, is offering to pay individuals $2,000 per month to participate in a study on the effects of guided masturbation. The company is seeking “masturbation consultants” to test its new “Daily Guided Masturbation” feature, which uses AI-generated voice sessions to guide users.

    The Role and Requirements

    The four-week role is open to adults aged 18 and older in the U.S. and the U.K. Participants will be required to document how regular use of the feature affects their stress levels, sleep quality, mood, and confidence. Ideal candidates are described as “articulate, observant, and impossible to blush,” with the ability to describe sensations in detail. The position offers flexible scheduling.

    Joi AI’s Perspective

    Julie Levin, Head of Brand and Communication at Joi AI, confirmed the legitimacy of the role to Decrypt, stating that the company has received a strong response to the job posting. The role involves testing and providing feedback on the mood-matched, AI voice-guided sessions, as well as the overall user experience. Participants will complete guided sessions and submit written questionnaires to the Joi AI team. Sample prompts will address whether the voice matched the selected mood, the immersiveness of the session, and any disruptions.

    The Broader Context

    Joi AI, which operates primarily through its website, offers AI-generated avatars, voice interactions, and personalized chat experiences focused on companionship and intimacy. The company rebranded from EVA AI in April 2025. Levin stated that Joi AI has over 1 million monthly active users worldwide and millions of interactions each month, but declined to disclose total download figures.

    Industry Trends and Concerns

    The hiring initiative comes as platforms like Replika and Character.AI have gained large user bases centered around AI-driven relationships and conversational experiences. Unlike AI assistants like Alexa or Siri, Joi AI operates in a niche market focused on sexual exploration, fantasy, and digital intimacy.

    Levin emphasized that Joi AI aims to make AI companionship more immersive, personalized, and emotionally responsive. The company is innovating features like Daily Guided Masturbation to integrate AI into people’s everyday wellness routines.

    The use of AI companions is becoming more prevalent, even among those in existing relationships, often without their partner’s knowledge. A recent report from the Wheatley Institute at Brigham Young University and the Institute for Family Studies found that nearly 30% of young adults in dating, engaged, or married relationships who regularly used AI romantic companions did not inform their partners.

    AI companion platforms are also facing increasing legal scrutiny, including lawsuits alleging psychological harm to minors and deceptive chatbot behavior.

    Purpose of the Campaign

    Levin stated that the hiring campaign was intended to generate discussion as well as recruit testers. The company is seeking thoughtful feedback while also sparking conversation about the growing use of AI for masturbation as a healthy habit.

  • Bitcoin Long-Term Holder Supply Surge Doesn’t Indicate True Demand

    Bitcoin Long-Term Holder Supply Surge Doesn’t Indicate True Demand

    Bitcoin’s price appeared poised for further declines over the weekend, dipping below the $75,000 mark on Saturday morning. However, the leading cryptocurrency has since recovered somewhat and is attempting to reclaim the $77,000 level as of this writing. Simultaneously, an increase in the supply held by Bitcoin’s long-term investors was observed, though the significance of this signal is questionable.

    Why BTC LTH Supply Data Is Potentially Misleading

    In a recent post on the X platform, the pseudonymous analyst Darkfost highlighted a surge in the Bitcoin supply held by long-term holders (LTH) over the past few days. However, this apparent rise in LTH activity may not be as indicative of Bitcoin’s growth as the data might suggest.

    Citing data from CryptoQuant, Darkfost noted that the long-term holder supply has increased from 15 million to 15.8 million BTC in the last two days. The on-chain analyst pointed out that this metric is among several data points affected by Coinbase’s movement of approximately 800,000 BTC in November 2023.

    Between November 22nd and 23rd, the U.S.-based crypto exchange transferred 800,000 BTC, then worth nearly $70 billion, between its internal wallets. As Darkfost explained, this maintenance transfer invalidated old LTH UTXOs (unspent transaction outputs) and created new, but skewed, Bitcoin datasets.

    The crypto analyst wrote on X: “As a result, datasets across multiple platforms incorporated this movement, affecting UTXO-based metrics, age and value cohorts, STH/LTH cost basis, realized value, volumes, and more.”

    Saturday, May 23rd, marked six months since the Bitcoin transfer, with the moved BTC now fully transitioned from the short-term holder (STH) to the long-term holder supply. Typically, an increase in LTH supply suggests increased accumulation and growing confidence among experienced crypto investors. However, market participants should exercise caution when interpreting this on-chain signal, as it may not accurately reflect an increase in investor demand.

    What’s Next For Bitcoin Price?

    In a separate post on the X platform, Darkfost identified the next major resistance level for Bitcoin’s price. Highlighting the STH cost basis, the analyst stated that this resistance currently sits just above the $80,000 mark. According to Darkfost, short-term investors appear to be opting to cut their losses rather than holding for a reversal, as evidenced by the resistance Bitcoin faces at their average cost basis. Therefore, the leading cryptocurrency needs a sustained break above the $80,000 ceiling for its recovery to continue.

    As of this writing, BTC is valued at around $76,490, reflecting a 1% price increase in the past 24 hours.

  • XRP Price Hints at Final Dip Before Potential Rally

    XRP Price Hints at Final Dip Before Potential Rally

    XRP Price Faces Critical Juncture as Compression Phase Tightens

    XRP is currently undergoing a compression phase, with technical analysis suggesting that its price action is nearing a pivotal point. This could see patience give way to panic before a clear direction emerges. The cryptocurrency’s chart presents a picture of uncertainty, but a crucial support level could determine XRP’s next move, along with a key price point needed for bullish confirmation.

    Descending Broadening Wedge Pattern

    XRP’s price has been trending downward, marked by lower highs since the start of the year. This extends to a correction from its July 2025 peak of $3.65. According to technical analysis by crypto analyst Egrag Crypto, this price action has formed a descending broadening wedge on XRP’s higher-timeframe chart.

    A descending broadening wedge pattern often appears during late-stage accumulation phases, characterized by expanding volatility within downward-sloping boundaries, rather than indicating outright weakness. “This is NOT a random formation,” the analyst wrote. “Historically, these structures often produce final capitulation THEN violent expansion.” Egrag Crypto’s chart indicates a 57% probability of an upside resolution, compared to a 43% chance of further downside. Current price action supports a downward move, leading Egrag to describe the current phase as short-term bearish compression, even though the broader macro structure remains bullish unless the pattern breaks.

    Key Levels to Watch

    The most critical downside level on the chart is $1.11. Egrag identifies this as crucial support, acting as the boundary between normal volatility within the structure and a more significant breakdown. XRP is currently trading around $1.36, below moving averages including the EMA20 at $1.391, the EMA50 at $1.404, and the EMA200 at $1.684. A drop below $1.11 would weaken XRP’s technical position and potentially lead to a 70% decline to $0.32. While not the analyst’s base case, this scenario highlights the potential for a liquidity sweep if the descending broadening wedge breaks downwards.

    The bullish outlook hinges on XRP confirming a move above $3. The analyst also noted that a weekly or monthly reclaim above the $2.65 to $3 range would be significant, as it would signal XRP breaking above the upper resistance area that has contained the broadening wedge.

    The CLARITY Act, which passed the Senate Banking Committee on May 14 and awaits a Senate floor vote, could potentially drive an additional $4 billion to $8 billion in ETF inflows into XRP. This influx of capital could realistically trigger a retest of that zone. Should XRP reclaim and hold above $3, Egrag’s expansion targets range from $7 to $11.

  • Ripple ETFs Hold Steady Amid Market Downturn, XRP Price Stays Flat

    Ripple ETFs Hold Steady Amid Market Downturn, XRP Price Stays Flat

    During a week of significant volatility for most exchange-traded funds (ETFs) tracking major digital assets, those following XRP’s performance remained positive. However, the underlying asset itself struggled to gain traction, even dipping to a multi-month low before a minor recovery.

    ETF Inflows Amid Broader Market Downturn

    Spot XRP ETFs experienced net inflows of just over $22 million during the previous week, extending a streak that began in May to three consecutive weeks. According to SoSoValue data, the last day with more outflows than inflows was April 30.

    While $22 million is less substantial than some previous inflows for Ripple ETFs, it’s notable that this occurred during a week when Bitcoin and Ethereum ETFs faced significant outflows. Spot Bitcoin ETFs recorded their worst trading week since late January, with over $1.25 billion leaving the funds. Ethereum ETFs saw a net withdrawal of $216 million, slightly less than the previous week’s $255 million. Furthermore, ETH ETFs have not seen a single day in the green since May 8.

    In contrast, ETFs tracking SOL gained over $15.5 million, while the two HYPE funds attracted over $72 million as the underlying asset outperformed and reached a new all-time high of just over $63.

    XRP Price Stagnation

    Despite the positive performance of the spot Ripple ETFs, XRP’s price failed to surpass $1.42. After being rejected at $1.55 the previous week, the token declined, starting the new business week at $1.42. It continued to fall with the broader market, culminating in a significant price drop yesterday to below $1.30.

    This marked its lowest price in over a month and a half, representing a 15% loss in value since the May 17 surge to $1.55. However, it rebounded in the last 24 hours, likely due to positive developments regarding the US-Iran war, and is now trading near $1.35.

    Technical Analysis and Outlook

    Ali Martinez warned that XRP has broken out of its rising trend line within a symmetrical triangle on the daily chart. He predicted a further decline to around $1.14 if the token fails to reclaim the $1.40 level soon.

  • XRP’s Future: Warsh at Fed, Gemini on Ripple’s Strategy

    XRP’s Future: Warsh at Fed, Gemini on Ripple’s Strategy

    Jerome Powell’s tenure as head of the Federal Reserve concluded on Friday after more than eight years, with Kevin Warsh succeeding him as the seventeenth Federal Reserve Chair.

    Potential Impact of New Leadership

    Given former President Trump’s public disagreements with Powell over interest rate decisions, Warsh, the new appointee, is expected to adopt a more flexible stance on monetary policy. His past support for Bitcoin has led some altcoin enthusiasts to speculate about the potential impact on other cryptocurrencies.

    AI Analysis of XRP’s Prospects

    To assess the potential implications for XRP, the third-largest non-stablecoin altcoin, an analysis was conducted using the AI model Gemini.

    Gemini noted that while Bitcoin benefits from its perception as “digital gold,” the outlook for utility-focused altcoins like XRP under Warsh’s leadership is “far more nuanced.” The AI suggested that the new Fed Chair could bring a “mix of strict macroeconomic discipline and an open-minded approach to financial innovation that could uniquely impact the Ripple ecosystem.”

    Warsh’s pre-office financial disclosures revealed investments in the DeFi space, Layer-1 blockchains, and digital asset exchanges, indicating an interest in cryptocurrency utility beyond just store-of-value applications.

    Warsh’s Stance on Digital Currencies

    Crucially for XRP, Warsh has advocated for the “modernization of money.” He has previously argued that central banks must “proactively engage with digital currencies” and has urged the U.S. to consider a Central Bank Digital Currency to remain competitive, particularly against initiatives like China’s digital yuan.

    Ripple has positioned the XRP Ledger as a neutral bridge asset for various CBDCs, which could benefit the underlying asset.

    Gemini concluded that “A Fed Chair who is actively exploring the integration of digital, blockchain-based money into the traditional financial system provides a massive structural tailwind for Ripple’s core business model,” presenting a bullish case.

    Potential Challenges for XRP

    However, the analysis also highlighted potential challenges. The AI cautioned that Warsh has repeatedly stated that the proliferation of alternative digital assets is largely a consequence of loose monetary policy. XRP, like most altcoins, is heavily reliant on broad market liquidity.

    Gemini anticipates that capital may become more expensive in the U.S. as Warsh seeks to reduce the Fed’s influence in financial markets. In such environments, investors typically “flee from altcoins toward safer assets or bitcoin.”

    If the new Fed Chair implements his vision of higher real rates and a smaller Fed balance sheet, XRP could “face severe downward price pressure as speculative capital dries up.”

  • XRP Price Plunges, Eyes $1.14: Analyst

    XRP Price Plunges, Eyes $1.14: Analyst

    Over the past week, the XRP market has experienced a predominantly bearish trend. The altcoin’s price has declined by more than 5% amid broader market struggles. XRP has largely remained range-bound between $1.29 and $1.55 since February. However, recent technical developments on the daily chart suggest an impending sell-off that could end the month-long consolidation and lead to a more significant decline in the current bear market.

    Break Below Symmetrical Triangle Signals Potential Short-Term Losses

    In trading analysis, a symmetrical triangle forms when the price creates a series of lower highs (descending resistance line) and higher lows (ascending support line). These trendlines converge, forming a triangle. This chart pattern typically indicates indecision and compression in the market, as buyers enter earlier each time (higher lows) and sellers enter sooner (lower highs).

    On May 23, Ali Martinez noted on X that XRP had broken out of a symmetrical triangle on its daily chart. The altcoin recently breached the rising trend line of this formation, which began in January. This indicates that XRP is now below a key support level and is vulnerable to further downside. According to Martinez, an acceleration in selling pressure could push XRP down to around $1.14, representing a 16.17% loss from current market prices.

    Whale Activity Declines

    The price decline and bearish signals for XRP coincide with another concerning development. Martinez reported in a separate post that XRP whale activity is significantly decreasing. Over the last nine days, the number of large transactions (transactions over $1 million) has fallen from 157 to 67, a 57.3% decrease.

    Martinez explained that such events often signal whales withdrawing as the market enters a compression phase, which is typically characterized by declining volatility. During this phase, the current price range becomes the accepted value as the market establishes support and resistance levels. Additionally, there would be an increase in limit order activity, with liquidity deepening on both sides to eventually form a mature order book. However, compressions always lead to expansion, the direction of which depends on liquidity and whether whales return as buyers or sellers.

    At the time of writing, XRP is trading at $1.35, reflecting a 1.1% gain in the last day. The asset’s daily trading volume is up 4.23%, valued at $1.96 billion.

  • Pi Network: May 24 News and Price Update

    Pi Network: May 24 News and Price Update

    It has been a busy period for Pi Network and its ecosystem, even though a key protocol update slated for completion nearly ten days ago remains incompletely implemented.

    Token Performance and Protocol Updates

    The native token recently experienced a downturn but has stabilized, currently trading around $0.15.

    Protocol version 22 was released on May 1, continuing a series of upgrades that began in February with version 19.6. At the time, the Core Team behind the project announced that version 23 was scheduled for deployment by May 15. When that date passed, the community began to inquire about the update’s progress, with some anticipating it would be a “game-changer.”

    The team’s first official communication regarding v23 came on May 20. They noted that “most major Nodes” had successfully upgraded, but the update was still in progress, proving to be “one of the most challenging” to date due to “multiple subsystem upgrades and optimizations that required internal data reprocessing.”

    Ecosystem Developments

    In the meantime, the Core Team outlined an ecosystem update aimed at “changing the equation for creators.” They stated that vibe coders and creators could leverage Pi Network’s 60 million user base by “easily bringing their external AI-created apps to Pi’s real distribution network and utility ecosystem through Pi App Studio.”

    This new development allows even non-technical users to build products using platforms like Codex and Replit. The team has emphasized its goal of bridging the gap between app creation and the development of usable tools.

    Additionally, Pi Network’s official X account issued a warning about a growing number of scammers impersonating the project’s co-founders, Nicolas Kokkalis and Dr. Chengdiao Fan. The post directed Pioneers to the verified accounts of the two co-founders, neither of which is highly active on X.

    Separately, the Core Team used Dr. Fan’s speech at the 2026 Consensus conference in Miami to highlight a major issue within the crypto industry. They believe that most tokens launched by different projects lack utility and substance, primarily serving to raise capital without fostering product innovation.

    Pi Network claims to have taken a different approach, treating its tokens as “tools that can support user acquisition, product engagement, and long-term utility.” Its latest product supporting this narrative is the Pi Launchpad, described as a tool for “ecosystem tokens and launch mechanisms that aim to help products acquire real users who engage, provide feedback, and use those tokens with actual product experiences.”

    Market Impact

    Amid these ongoing developments, and potentially influenced by the protocol update delay, the project’s native token experienced a significant decline in recent weeks. It fell from a local high of $0.175 (on May 13) to below $0.16 and then to a multi-month low of $0.145.

    The token dropped out of the top 50 altcoins by market capitalization and remains there, even after recovering slightly to its current price of $0.15. Even positive news from OKX about PI becoming available in the US market for the first time failed to trigger a more substantial rebound, and the token is still down 13% over the past two weeks.

    Some prominent members of Crypto X have commented on the asset’s recent performance, including Kien Trinh. They noted that PI has split 20 times (in terms of price movements), which could signal the “end of a beautiful love story.” Trinh added that Pi Network might have designed the perfect liquidity trap.

  • XRP’s Technical Shift: Breakout or Breakdown?

    XRP’s Technical Shift: Breakout or Breakdown?

    XRP Attempts to Break Out Stalled

    Ripple’s cross-border token, XRP, has made several attempts to break out of its consolidation range, but each surge has been halted between $1.50 and $1.60.

    Analyst Views Diverge on XRP’s Trajectory

    Analyst Ali Martinez has claimed that XRP’s breakout has been confirmed, though not in the way that bullish investors might hope. After months of trading sideways, primarily between $1.35 and $1.50, the altcoin briefly surpassed the upper boundary last week, reaching $1.55. However, the rally was short-lived, with XRP quickly retreating to $1.40.

    The token then declined further on Friday and Saturday, mirroring the broader market’s downturn amid concerns about the potential breakdown of the US-Iran ceasefire. XRP fell below $1.30 for the first time since early April, hitting a multi-week low, accompanied by a significant drop in network usage.

    Martinez’s analysis, released during the crash, suggested that XRP was breaking out after breaching the rising trend line of a symmetrical triangle on the daily chart, predicting a further drop to $1.14.

    However, subsequent progress in the US-Iran peace talks pushed the market upward, with XRP rebounding to $1.36. Despite this, it remains below the lower boundary of the symmetrical triangle identified by Martinez.

    Conflicting Signals from Market Observers

    CRYPTOWZRD offered a different perspective, noting that XRP had closed bullishly on the daily chart but needed to reclaim the $1.40 resistance level to initiate a more substantial rally.

    Meanwhile, analyst CW presented a chart indicating that top traders on Binance had begun closing their short XRP positions and opening long positions, suggesting that whales “are ending their XRP bearish bets.”