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XRP’s Next Critical Levels to Watch After 20% Bounce

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XRP's Next Critical Levels to Watch After 20% Bounce

XRP remains in a corrective phase across both USD and BTC pairs. The recent bounce from locally oversold conditions has eased immediate downside pressure, but the broader structure still reflects a dominant downtrend, with rallies so far failing to reclaim major resistance zones or longer-term moving averages.

Ripple Price Analysis: The USDT Pair

On the USDT chart, XRP continues to trade within a descending channel that has governed the price action since late last year. The market recently reacted from the $1.20 support band, producing a short-term rebound toward the mid-channel area around $1.45–$1.50.

This move has not yet challenged the primary resistance cluster between $1.75 and $1.90, where prior breakdown support, the local channel ceiling, and the key 100-day moving average (yellow) converge.

As long as the asset holds above the $1.20 demand region, the structure allows for further relief toward the $1.80 zone; a decisive rejection there would confirm the downtrend, while a loss of the $1.30 short-term low would expose the next major support in the $1.10–$1.20 area.

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The BTC Pair

Against Bitcoin, XRP is consolidating near the lower half of its multi-month range around the 2,000 sats after an extended period of underperformance. The pair remains capped by layered resistance between 2,200 and 2,300 sats, reinforced by the downward-sloping 100-day (yellow) and 200-day (orange) moving averages, while a broader supply zone sits higher in the 2,400–2,500 sats region.

Recent stability above 2,000 sats and a modest improvement in momentum indicators point to short-term mean reversion potential, but the relative trend stays bearish as long as XRP/BTC trades below the 2,400–2,500 sats band, where a sustained breakout would be required to signal a more durable shift in market leadership.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

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Popular Trader Calls Cardano (ADA) One of His Worst Investments: The Community Reacts

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Popular Trader Calls Cardano (ADA) One of His Worst Investments: The Community Reacts


“The growth in Cardano’s technology has been amazing, and the best is yet to come,” one X user stroke back.

Cardano’s native token reached an all-time high of almost $3.10 in late 2021. Despite sporadic runs in the following years, it has not managed to break its record and is currently worth around $0.29, representing a staggering 90% decline from the historic peak.

The steep decline has left many investors frustrated, including popular content creator Jake Gagain, who described ADA as one of his worst investments since entering the crypto market.

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Wasting “Such a Great Opportunity?’

Besides expressing regret over his investment, Gagain emphasized that Cardano still has a strong community and huge potential. He said he was disappointed to see the team waste “such a great opportunity” and asked his followers whether they still hold ADA.

His post on X sparked a heated debate, with many users sharing their experiences with the token. One person agreed with Gagain, arguing that Cardano’s community is among the most dedicated, “but the execution and speed have just been painful to watch for years now.”

The discontent was echoed by numerous others, some of whom pledged to step away from ADA and all altcoins for good and to shift their capital solely to Bitcoin (BTC) from now on.

Others differentiated from this thesis. X user Michael Lesser claimed that Gagain doesn’t understand the definition of a bear market, adding that his timing is bad.

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“If you have an investment thesis and patience, ‘paper losses’ are just that. The growth in Cardano’s technology has been amazing, and the best is yet to come,” he said.

Many investors who remain optimistic said they would keep accumulating ADA, convinced that the token will set a new all-time high sooner or later. Some even flashed the “diamond hands” emoji to signal their determination not to sell under any circumstances.

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Meanwhile, certain X users attacked Gagain for promoting meme coins, which performed much worse than ADA. In the summer of 2024, for instance, he claimed that NEIRO could be the next “billion-plus dollar project” on the Ethereum blockchain. It is important to note that the asset’s market cap briefly surged above $1 billion in late 2024, but since then, it has been in a sharp decline, and its current capitalization stands at less than $30 million.

What’s Next for ADA?

Cardano’s native token has been among the biggest beneficiaries of the recent market resurgence, with its price rallying by 9% on a weekly scale. The recent whale activity suggests a further jump might be on the way.

As CryptoPotato reported, large investors have scooped up almost 820 million coins over the past six months, thus increasing their total holdings to 25.36 billion tokens, or nearly 70% of ADA’s circulating supply.

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Big purchases of this type leave fewer tokens on the open market, which could result in a surging price (should demand remain constant or rise). Whales’ buying also sends a strong signal that they believe in the asset’s long-term future, and that confidence could draw smaller players into the ecosystem.

Some analysts observed ADA’s recent comeback and envisioned further gains if key levels are reclaimed. X user Nehal argued that breaking and holding above $0.30 could lead to a pump to $0.32 and $0.34.

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REX Shares Launches New ETF with Exposure to Coinbase and Strategy

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REX Shares Launches New ETF with Exposure to Coinbase and Strategy

US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker GIF.

According to Thursday’s announcement, the fund holds equal-weighted positions in REX’s existing single-stock Growth & Income ETFs, each of which targets about 1.25x exposure to its underlying equity while writing covered calls on a portion of the portfolio to generate option premium income.

GIF trades on Cboe Global Markets and each underlying ETF seeks to distribute income on a weekly basis, with payouts largely derived from covered call premiums.

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Covered call premiums are the upfront payments a fund collects for selling options on stocks it already owns, generating income in exchange for capping some of the shares’ upside potential.

REX Shares said the ETF holds equal-weighted exposure to nine REX funds tied to Nvidia (NVII), Tesla (TSII), Strategy (MSII), Coinbase (COII), Robinhood (HOII), Palantir (PLTI), CoreWeave (CWII), Eli Lilly (LLII) and Walmart (WMTI), spanning crypto-linked equities, technology, AI, healthcare and retail sectors.

Related: Michael Saylor says quantum threat to Bitcoin is more than 10 years away

21Shares lists STRC ETP as companies add Strategy preferred shares to treasuries

The launch comes amid a week of new allocations tied to Strategy-linked securities.

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On Wednesday, 21Shares introduced an exchange-traded product (ETP) giving European investors exposure to STRC, Strategy’s variable-rate perpetual preferred stock. The 21Shares Strategy Yield ETP began trading on Euronext Amsterdam under the ticker STRC NA on Thursday.

Also on Wednesday, Strategy said Prevalon Energy, an energy infrastructure company, and Anchorage Digital, a crypto-focused digital asset bank, had allocated portions of their corporate treasuries to STRC, though they did not disclose the size of their positions.

Strategy describes STRC as a digital credit instrument with an 11.25% annual dividend, part of its broader effort to issue fixed-income securities tied to its Bitcoin (BTC) holdings.

Strategy’s BTC holdings over time. Source: Bitbo.io

Since adopting its Bitcoin treasury strategy in August 2020, Strategy has become the largest corporate holder of Bitcoin, reporting 717,722 BTC, or about 3.4% of the fixed 21 million supply.

Despite demand for Strategy-linked securities, the company’s shares have fallen alongside Bitcoin’s price. The stock is down more than 60% over the past six months and about 50% over the past year, according to Yahoo Finance data.

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Source: Yahoo Finance

​​Strategy has also emerged as the most heavily shorted large-cap US stock on Goldman Sachs’ latest ranking, based on short interest relative to market value.

Magazine: Bitcoin’s ‘biggest bull catalyst’ would be Saylor’s liquidation: Santiment founder