$26 XRP Price Target Remains Technically Valid, Says Expert

The recent market crash has significantly impacted XRP, dropping its price to $1.2 before a slight recovery. Crypto analyst Steph suggests that while there may be a chance for recovery, his analysis indicates a troubling outlook for XRP's future. This situation is crucial for traders as it highlights the volatility of the cryptocurrency market and raises questions about the sustainability of XRP's value moving forward.

The recent announcement of the Cardano Foundation joining the MiCA Crypto alliance signals a promising partnership between Cardano and XRP. This collaboration is significant as it not only strengthens their ties but also introduces a MiCA-compliant ADA white paper, which could enhance the credibility and adoption of Cardano's ecosystem. As the crypto landscape evolves, such alliances are crucial for fostering innovation and regulatory compliance, making this development a noteworthy step for both communities.

Bitcoin and various altcoins are currently experiencing notable selling pressure during price rallies, suggesting that bearish sentiment is still dominating the market. This is significant as it highlights the ongoing struggles within the cryptocurrency space, impacting investor confidence and market stability.

XRP is currently facing challenges as it attempts to break through the 200-day moving average, which could lead to a significant drop towards the $2 support level if resistance persists. This situation is crucial for investors as it highlights the volatility in the cryptocurrency market and the potential risks involved in trading XRP.

The SEC is reviewing new filings from Volatility Shares for a series of 5x leveraged crypto ETFs linked to major cryptocurrencies like Bitcoin, Ethereum, Solana, and XRP. If these funds are approved, they could significantly amplify daily returns, but they also come with heightened risks that could devastate investors' portfolios. This development is crucial as it highlights the ongoing evolution of cryptocurrency investment products and the potential for both high rewards and substantial losses.

Zcash has seen a resurgence in its price, climbing to $265 after a recent dip, which has sparked interest among investors. This increase of 25% from its lowest point this week and a staggering 680% rise over a longer period highlights the volatility and potential of cryptocurrency markets. Understanding these trends is crucial for investors looking to navigate the complexities of digital assets.

Webus International, a company focused on XRP, is set to revolutionize the loyalty points industry by launching a tokenized travel-reward exchange. This initiative aims to unlock the potential of billions of dollars in loyalty points that often go unused. By leveraging the XRP stablecoin system, the Singapore-based firm is not only enhancing the value of loyalty programs but also providing consumers with new ways to utilize their points. This move could significantly impact the global loyalty market, making it more accessible and beneficial for users.

DeepSeek, a Chinese AI chatbot, has made an exciting prediction that the cryptocurrency $SOL could surpass $500 this year, fueled by a potential bull run, significant network upgrades, and the likelihood of ETF approvals. Analysts are optimistic, highlighting strong market momentum and a 99% chance of ETF approval, which positions $SOL for a substantial rally. This news is important as it reflects growing confidence in the cryptocurrency market and could attract more investors looking for promising opportunities.

Volatility Shares has taken a significant step by filing for 5x leveraged ETFs for Bitcoin, Ether, and XRP. This move is crucial as it reflects growing interest in cryptocurrency investments and offers traders a new way to amplify their exposure to these digital assets. With the increasing volatility in the crypto market, these leveraged ETFs could attract both seasoned investors and newcomers looking to capitalize on price movements.

A recent analysis by R. Linda on TradingView indicates that XRP is facing significant resistance after a brief recovery, suggesting a potential price crash. The market remains unstable following previous liquidations, and both XRP and Bitcoin are entering zones where corrections could occur. This situation is part of a larger correction phase after a strong sell-off, and despite some recovery, the momentum appears weak. Investors should be cautious as another drop in XRP's price may be imminent.

The Chicago Mercantile Exchange (CME) has made a significant move by announcing the launch of its first options trades for XRP and SOL, two prominent cryptocurrencies. This development is crucial as it opens up new trading opportunities for investors and traders, allowing them to hedge their positions and manage risk more effectively in the volatile crypto market. The introduction of these options is expected to enhance liquidity and attract more institutional interest in digital assets, marking a pivotal moment in the evolution of cryptocurrency trading.

XRP's price is facing a potential 25% decline after the formation of a descending triangle pattern on its daily chart, coupled with significant selloffs by large investors, known as whales. Currently trading at $2.52, XRP has already dropped 12%, raising concerns among investors about further losses. This situation is crucial as it highlights the volatility in the cryptocurrency market and the impact of large holders on price movements.

In 2025, the landscape of crypto futures trading is thriving, with platforms like Kraken and OKX leading the way. These platforms are not just about buying and selling; they offer advanced trading tools, liquidity, and leverage that can significantly enhance trading strategies. This matters because as more traders enter the crypto market, having access to reliable and efficient trading platforms is crucial for maximizing potential profits and minimizing risks.

Hamilton Lane has made a significant move by launching its SCOPE fund on the Sei Network, allowing qualified investors worldwide to access private credit through tokenization. This development is noteworthy as it marks the entry of one of the largest private markets investment managers into the blockchain space, potentially transforming how private credit investments are made and managed.

Sony Bank is making significant strides by pursuing a US trust charter to offer stablecoin and custody services. This move is important as it positions Sony Bank to tap into the growing demand for digital assets and enhance its service offerings in the financial sector. By entering the stablecoin market, Sony Bank could attract a new customer base and contribute to the evolving landscape of cryptocurrency, making it a noteworthy development in the banking industry.

Despite a slowdown in Bitcoin's performance this October, analysts are optimistic about its potential to catch up with gold. This is significant as it highlights the resilience of Bitcoin in the market, suggesting that it may soon regain momentum and challenge traditional assets like gold. Investors are keenly watching these developments, as they could indicate a shift in market dynamics and investment strategies.

The recent market crash has significantly impacted XRP, dropping its price to $1.2 before a slight recovery. Crypto analyst Steph suggests that while there may be a chance for recovery, his analysis indicates a troubling outlook for XRP's future. This situation is crucial for traders as it highlights the volatility of the cryptocurrency market and raises questions about the sustainability of XRP's value moving forward.

Hyperliquid has just launched HIP-3, allowing anyone to create perpetual futures contracts by staking $20 million. This move is significant as it democratizes access to decentralized finance (DeFi), enabling more builders to participate without needing committee approval. However, it raises questions about whether the existing safeguards can manage the potential influx of new markets and participants. As DeFi continues to evolve, this could be a pivotal moment for the industry.