Further pump to $1.20 or crash to $0.10: what are PIPPIN’s next targets?

The latest developments on the tariff front stirred by US President Donald Trump seem to have negatively impacted the broader cryptocurrency market, with Bitcoin (BTC), Ethereum (ETH), and many other well-known digital assets charting losses for the day.

However, the meme coin pippin (PIPPIN) defied the latest carnage by posting a double-digit increase for that timeframe.

Top Performer Again

The meme coin was the talk of the town at the start of the month, surging to an all-time high of around $0.76 on February 15. It then underwent a sharp correction, but the past 24 hours have delivered another notable upswing.

PIPPIN spiked by 20%, briefly exceeding $0.72 before stabilizing at around $0.71 (per CoinGecko’s data). Its market capitalization once again surpassed $700 million, bringing the asset back into the top 100 cryptocurrencies. As of press time, PIPPIN is the 81st-largest in the entire market and ranks seventh in the meme coin niche.

Some market observers believe the price may rally even more in the short term. X user Blockchainedbb recently predicted that the asset could experience enhanced volatility in the following weeks but eventually rise to as high as $1.20. They also described the zone around $0.50 as a “great” buying opportunity.

X user Satori chipped in, too, claiming that PIPPIN has become one of their “best plays lately.” According to the analyst, while maxis remained committed to BTC and waited for the next cycle to unfold, capital shifted elsewhere.

For his part, Sjuul | AltCryptoGems argued that the former resistance at $0.50 has turned into support, and expects the price to push back into its ATH zone again.

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Of course, there are plenty of pessimists and critics who continue to voice their concerns. Crypto GVR, for instance, predicted that PIPPIN may soon fall below $0.10. Prior to that, X users va00sa and Shual warned that insiders control a large portion of the meme coin’s supply, allowing them to easily manipulate the price.

Is the Rally Sustainable?

Traders hoping to make fortunes overnight and considering whether to deal with PIPPIN should keep in mind that meme coins are infamous for their extreme volatility. Tokens in this category are often driven by pure hype speculation rather than solid fundamentals or real use cases, which means they can witness severe price drops in a very short period of time.

PIPPIN’s Relative Strength Index (RSI) also indicates that it might be time for a pullback. The technical analysis tool is often used by traders to spot possible trend reversals. It ranges from 0 to 100, and readings above 70 suggest the price has risen too much over a brief span and may be due for a correction. Conversely, values below 30 are considered bullish territory. As of this writing, the RSI stands at around 85.

Cardano price has entered a critical phase after confirming a bearish breakdown. The token has already lost key support, and the technical structure now points toward deeper downside risk. Yet, even as large holders continue selling and avoid re-entering, smaller investors are aggressively buying the dip.

This creates a dangerous split in the market. Whales appear to be stepping aside, while retail investors are stepping in. The key question now is whether retail is buying the bottom — or walking into the next leg lower.

Whales Dump 120 Million ADA Before Breakdown — And Still Refuse to Buy Back

Cardano’s recent price drop of nearly 5% over the past 7 days did not come without warning. The largest whale cohort holding between 100 million and 1 billion ADA began reducing holdings days before the head-and-shoulders breakdown happened.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

On February 19, this group held about 2.54 billion ADA. By February 23, their holdings had fallen to 2.42 billion ADA. This represents a drop of around 120 million ADA, roughly 30 million.

This selling started even before the head-and-shoulders breakdown confirmed on February 22. In other words, whales reduced exposure while the pattern was still forming, suggesting they anticipated further downside. More importantly, whales have not started buying back.

This absence of accumulation matters more than the selling itself. When large investors expect a recovery, they typically begin re-accumulating near support levels. Their refusal to do so signals continued caution.

This raises a critical question. If whales are staying away, why are smaller investors suddenly stepping in aggressively?

Retail Buying Surges 640% Even As Profitability Signals More Downside Risk

Exchange flow data reveals a dramatic shift in retail behavior. On February 21, ADA exchange outflows totaled around $344,450. By February 23, outflows surged to $2.55 million. This marks a massive 640% increase in just two days.

Exchange outflows happen when investors withdraw coins into private wallets. This usually signals buying and holding rather than preparing to sell. Retail investors are clearly buying the dip as whales have been clearly selling.

However, another key metric suggests the correction may not be finished yet. The Percent of Total Supply in Profit indicator shows how much of the circulating supply is currently profitable. This metric dropped to just 6.06% on February 12, marking its lowest level in three months.

It later recovered to around 11% before the breakdown and now sits near 8.45%. Even though profitability remains low, it is still about 40% higher than the recent bottom. This matters because markets often continue falling when profitability remains above extreme capitulation levels.

This suggests Cardano may still have room to decline further.

This creates a clear contradiction. Retail investors are accumulating aggressively, but profitability and whale positioning both signal continued caution. The ADA price chart now shows exactly how this conflict could resolve.

Cardano Price Targets $0.23 Unless Bulls Reclaim Critical Resistance

Cardano has now confirmed a breakdown from a head-and-shoulders pattern on the 8-hour chart. This pattern typically signals a shift from accumulation to distribution and often leads to further downside.

Cardano recently lost the key support level at $0.266 and is now trading near $0.265. This level has already failed to provide a strong recovery. Even the Smart Money Index (SMI), which tracks the positions of informed investors, is diverging from the signal line as the ADA price broke support. This pattern aligns with whale skepticism and suggests an immediate rebound might not be on the cards, as retail thinks.

The next immediate support sits near $0.259.

If this level breaks, Cardano could fall toward $0.233. This represents an additional 12% downside from current levels and aligns with the full projection of the breakdown pattern. The broader structure remains bearish unless Cardano can reclaim higher resistance levels.

The first sign of strength would appear only if Cardano recovers above $0.276. However, true bullish invalidation requires a move above $0.293. Until then, the trend remains tilted toward further downside.

XRP price is forming a potential Gartley harmonic pattern near $1.30 support, signaling a possible bullish bottom as price rotates within a broader range.

XRP (XRP) price action is beginning to show technical structure as a potential Gartley harmonic pattern develops near the $1.30 region. After weeks of rotational trading between high-timeframe resistance near $1.80 and strong support around $1.20, the market now appears to be transitioning into a pattern-driven consolidation phase that could precede a larger directional move.

Harmonic patterns, particularly the Gartley structure, rely heavily on Fibonacci relationships and precise price pivots. Recent XRP movements align closely with these technical requirements, with price rejecting key Fibonacci levels and forming recognizable swing structures. This evolving setup raises the question whether XRP is establishing a bullish bottom within its current range.

While confirmation is still required, the ongoing formation suggests a growing upside potential if support continues to hold.

XRP price key technical points

• Gartley pattern forming near $1.30: Fibonacci reactions are shaping harmonic structure development
• Range environment intact: XRP continues rotating between $1.80 resistance and $1.20 support
• Potential 60% upside projection: Completion of leg D could trigger a strong bullish rally

XRP has spent recent months trading within a well-defined range, oscillating between high-timeframe resistance at $1.80 and major structural support at $1.20. Rather than trending impulsively, price has displayed rotational behavior, a condition that often allows harmonic patterns to develop naturally.

The latest corrective move saw XRP reject the 0.618 Fibonacci retracement, an important technical reaction that supports the formation of a Gartley pattern. Price is currently trading below a local Fibonacci support zone, aligning with expectations for the ongoing development of the pattern’s internal legs.

In harmonic analysis, a Gartley pattern typically unfolds through multiple measured swings labeled X, A, B, C, and D. XRP appears to be progressing through the latter stages of this structure, with several clean pivots already established. These pivots reflect strong technical reactions at Fibonacci levels, reinforcing the validity of the developing setup.

Support defense critical for pattern validation

For the Gartley pattern to remain valid, XRP must continue to hold above the high-timeframe support near $1.20. This level represents a critical point of invalidation. Acceptance below it would weaken the harmonic structure and increase the probability of a deeper corrective move.

However, as long as price maintains support and reacts positively near the 0.618 Fibonacci region, the pattern continues to mature. The immediate focus shifts toward the completion of leg C, which typically precedes the impulsive move toward leg D, the final stage of the harmonic formation.

The significance of this stage lies in market psychology. Harmonic patterns often develop during periods of uncertainty, where both buyers and sellers test liquidity extremes before a clearer directional bias emerges. XRP’s repeated reactions at key Fibonacci zones suggest that market participants are actively responding to these technical levels.

Upside potential builds toward leg d completion

If XRP successfully completes leg C and establishes support in the current technical region, the probability increases for a bullish expansion toward the projected completion of leg D. Based on harmonic measurements, this move could represent a rally of approximately 60% from current price levels.

The projected upside aligns with higher resistance areas within the broader range structure, potentially revisiting zones closer to $1.80 and beyond. Importantly, this scenario does not require an immediate breakout but instead reflects a structured recovery within the existing market framework

Momentum confirmation will likely come through sustained higher lows, improved trading volume, and continued respect of Fibonacci retracement levels. These factors would signal that buyers are gaining confidence and positioning ahead of a larger move.

What to Expect in the Coming Price Action

From a technical, price-action, and market-structure perspective, XRP’s developing Gartley pattern suggests a bullish bottom may be forming near $1.30. As long as price remains above the $1.20 high-timeframe support and holds the 0.618 Fibonacci region, the probability favors completion of leg C followed by a rally toward leg D.

Bitcoin’s BTC$64,460.47 very modest rebound from its steep overnight selloff quickly fizzled out during U.S. morning trading on Monday as broader risk markets turned sharply lower.

Trading at $65,400 near the noon hour on the east coast, bitcoin was down 35% over the past 24 hours.

The action occurred as U.S. equities tumbled. The S&P 500 and the tech-heavy Nasdaq 100 were each lower by more than 1%, led by renewed weakness in software stocks and private-equity names.

The iShares Expanded Tech-Software ETF (IGV) sank another 5% to a fresh 52-week low and is now down nearly 35% since October amid concerns that generative AI tools could disrupt traditional software business models. Whether true or not, current market thinking is that crypto is just software, and price movements of bitcoin and IGV of late have been nearly perfectly correlated.

Adding to that bearish theme are continuing worries that AI could be leading markets to the cusp of a major negative credit event similar to that of 2008’s global financial crisis. This is currently reflected in private equity share prices. These companies have heavy exposure to the afore-mentioned software sector. Blow Owl Capital (OWL) — which last week sold assets in an attempt to mollify liquidity-seeking investors — is lower by another 3.5% Monday and 32% year-to-date. BlackStone (BX), Ares Management (ARES), and Apollo Global Management (APO) all added to their sizable recent losses, falling between 6% and 8%.

Crypto often trades as a high-beta proxy for tech and broader liquidity conditions, and Monday’s weakness reflected that dynamic. While BTC has so far held above the worst of its early February lows, it still trades in a tight range between $60,000 and $70,000 as risk appetite remains fragile.

Added to all of this is uncertainty about global tariffs after the Supreme Court clamped down on President Trump’s previous use of sweeping levies, Joel Kruger, market strategist at LMAX Group, said in a note.

“This sparked a classic risk-off environment,” Kruger said. “Investors pulled back from speculative assets like crypto, with bitcoin behaving more like a high-beta risk play than ‘digital gold.’”

Ali Martinez points to a rare three-day signal that historically appeared just before Bitcoin’s final bear-market plunges.

A key technical signal that has foreshadowed the final capitulation phase of previous Bitcoin (BTC) bear markets is flashing again.

According to chartist Ali Martinez, a “death cross” on the three-day chart could be confirmed in late February, potentially sending BTC to $40,000 or even $30,000.

The Death Cross Pattern and What History Shows

Martinez pointed to the three-day chart as a crucial timeframe for understanding Bitcoin’s macro structure, noting that the interaction between the 50 and 200 simple moving averages on this chart has reliably signaled the last major downside move since 2014.

“The death cross between these two moving averages on the 3-day chart has consistently preceded the final leg down of a bear market,” the trader wrote.

Following the 2013 top, Bitcoin dropped more than 72% before the death cross printed in December 2014, after which it fell another 52%. After the 2017 peak, the death cross appeared in November 2018, coming just before a final 50% decline. The signal emerged again in May 2022, following the 2021 top, which led to an additional 45% drop.

Bitcoin registered a new all-time high (ATH) in October 2025 when it went above $126,000, but the current price, which had recovered to just over $66,000 at the time of writing after earlier shedding about $4,000 in only a matter of hours, is nearly 48% below that ATH.

With a potential death cross projected for late February, Martinez warns that if history repeats even partially, a further 30% decline would place Bitcoin near $40,000, while a 50% drop could take it to $30,000.

However, the market watcher was quick to note that there were no guarantees the price drops would happen, even though the current structure matches up with historical setups that led to the last major downside moves before macro bottoms formed.

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Market Reaction and On-Chain Divergence

Bitcoin is currently down about 2.5% in the last 24 hours and more than 4% over the past week. It has also lost nearly 27% of its value in the past month, a drop exacerbated by U.S. President Donald Trump’s recent announcement of a 10% (later upgraded to 15%) temporary global tariff after the country’s Supreme Court struck down many of the previous tariffs the Trump administration had imposed under a 1977 emergency law.

As seen during past tariff-related volatility, the impact on Bitcoin wasn’t immediate but arrived once legacy futures markets opened. It also sparked a coordinated bearish impulse in the futures market, with data from analyst Axel Adler Jr. showing that taker sell volume spiked to $2.3 billion in a single hour, accompanied by forced long liquidations of approximately 1,247 BTC worth more than $81 million.

Santiment data confirmed the liquidation cascade, noting open interest dropped to $19.5 billion, which is less than half its January peak, leading to skyrocketing negative sentiment, and the Bitcoin market entering “FUD mode.”

Even though bitcoin (BTC) is, historically speaking, one of the best performing assets of all time, on most days its performance isn’t actually all that impressive. In fact, almost all of its long term returns are crammed into a small number of trading sessions.

The rest of the time, it chops around.

For example, on November 17-18, 2013, BTC rallied 50%. Take these two days out of the equation and every early Bitcoiner’s return would be halved.

Elsewhere, on July 20, 2017, BTC rallied 27% and in December of that same year, it surged 40%.

To have made the most of the rally that’s exceeded one million percent between 2009 and July 2012, investors needed to be holding during rare bull runs.

Read more: Bitcoin Core promotes first Trusted Keys maintainer in three years

Visualizing the uneven returns of bitcoin

There are various ways to visualize the irregular days that generate the vast majority of BTC investment returns.

The most appropriate method might be a giant calendar highlighting the tiny number of days responsible for the majority of BTC returns.

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Similarly, the same calendar could highlight the fewest days that would have zeroed out the lifetime return of BTC if an investor hadn’t held on during those days.

That number is shockingly small: less than 100 of the 5,000 days since July 2012.

Whereas a vast and mostly blank calendar certainly conveys the message about clustered outperformance amid normally unremarkable behavior, perhaps the most visually compelling way to track this data is to show the price change by periods of significant rallies.

From a starting point exactly seven years ago, there have been 11 significant BTC rallies that achieved new highs. The above chart illustrates these periods.

• April 1-8, 2019: $4,095 to $5,347, a 31% gain in eight days
• May 1-15, 2019: $5,268 to $8,300, a 58% gain in 15 days
• June 12-26, 2019: $7,916 to $13,880, a 75% gain in 15 days
• November 5-24, 2020: $14,168 to $19,442, a 37% gain in 20 days
• December 12, 2020-January 8, 2021: $18,031 to $42,000, a 133% gain in 28 days
• February 8-21, 2021: $38,870 to $58,354, a 50% gain in 14 days
• September 30-October 20, 2021: $41,538 to $67,017, a 61% gain in 21 days
• November 5-21, 2024: $67,817 to $99,121, a 46% gain in 17 days
• December 11-16, 2024: $96,658 to $107,821, a 12% gain in six days
• July 8-14, 2025: $108,286 to $123,236, a 14% gain in seven days
• September 28-October 6, 2025: $109,679 to $126,272, a 15% gain in nine days

Eleven periods outperformed BTC

As a simple, non-cumulative sum, these rallies are worth 532% or one-third of the 1,540% BTC rally from $4,100 seven years ago to its $67,200 price as of writing. 

On a compounded basis, those 11 trading periods are worth 5,800% or nearly quadruple the actual seven-year gain in BTC.

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Yes, had an investor only held during those periods and reinvested fully each time, they’d have substantially outperformed BTC. 

Of course, no investor can magically time the market perfectly. Nonetheless, this exercise shows how important the returns of a very short number of days are to the overall returns of one of the world’s all-time best-performing assets.

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Officials advising Donald Trump’s “Board of Peace” are exploring a US dollar-backed stablecoin for Gaza, according to reports from the Financial Times. The proposal remains in early stages. 

However, it signals a potential shift toward using crypto as core infrastructure in Gaza’s post-war economic reconstruction.

Turning Gaza Into a Crypto Project?

According to the Financial Times, the stablecoin would be pegged to the US dollar and used to facilitate digital payments, not replace Gaza with a sovereign currency. 

Governance would involve the Board of Peace and Gaza’s interim technocratic administration. 

The discussions come as Gaza’s banking system remains severely impaired. Cash access has been restricted since 2023 due to ATM destruction and limits on physical currency deliveries. 

As a result, digital payments have become more common, though connectivity and financial infrastructure remain fragile.

Board of Peace Takes Central Role in Gaza Transition

The Board of Peace sits at the center of Trump’s broader 20-point plan for Gaza. Trump chairs the body. Its members include senior US officials such as Secretary of State Marco Rubio and envoy Steve Witkoff, alongside international figures like former UK Prime Minister Tony Blair and World Bank President Ajay Banga.

The board oversees Gaza’s transitional governance, reconstruction planning, and economic recovery. It also coordinates with a Palestinian technocratic committee tasked with restoring services and managing daily administration. 

Meanwhile, an international stabilization force is expected to handle security and policing during the transition period.

Within this framework, the stablecoin proposal reflects a broader effort to rebuild Gaza’s financial system without relying on traditional banking infrastructure.

Promise of Financial Access, But Ethical Risks of Control

In theory, a stablecoin could help restore economic activity. Digital dollars could enable aid delivery, salaries, and daily transactions even without functioning banks. This could potentially improve transparency and reduce corruption in aid distribution.

However, the plan raises serious ethical and political concerns. A digitally controlled currency governed by an international body could give external actors unprecedented influence over Gaza’s financial system. Every transaction could be tracked. 

Access could potentially be restricted or revoked.

Moreover, introducing a separate payment system risks further separating Gaza economically from the West Bank. Infrastructure limits, including Gaza’s reliance on slow 2G networks, could also hinder adoption.

For now, the stablecoin remains only a proposal. 

However, if implemented, it would represent one of the first attempts to rebuild a post-conflict economy using digital dollar infrastructure — a move that could reshape both Gaza’s future and the global role of stablecoins.

TLDR

• Novo Nordisk stock fell 15% after CagriSema failed to prove non-inferiority to Eli Lilly’s tirzepatide in an 84-week trial.
• CagriSema delivered 23% weight loss vs. 25.5% for tirzepatide — missing its primary endpoint.
• The stock hit its lowest level since June 2021, down nearly 50% over the past year.
• Novo’s CEO remains confident in CagriSema, citing its potential as the first GLP-1/amylin combo drug on the market.
• Eli Lilly stock rose 3.1% in premarket trading on the news.

Novo Nordisk took another hit on Monday. The stock fell as much as 15% after the company revealed its next-generation weight loss drug, CagriSema, failed to prove it was just as good as Eli Lilly’s tirzepatide in a head-to-head trial.

Novo Nordisk A/S, NVO

The result sent NVO to its lowest price since June 2021.

In the late-stage trial, patients on CagriSema lost 23% of their body weight over 84 weeks. Those on tirzepatide — the active ingredient in Lilly’s Mounjaro and Zepbound — lost 25.5%.

That gap meant CagriSema missed its primary endpoint: showing non-inferiority to tirzepatide.

The trial was open-label, meaning participants knew which drug they were taking. Novo’s Chief Scientific Officer Martin Holst Lange said this design can introduce bias toward a well-known product when tested against an experimental one.

Lange said he was “surprised” by tirzepatide’s 25.5% result, pointing out that Lilly’s own studies have shown the drug producing around 20.2% weight loss over 72 weeks.

CEO Stays Optimistic

Despite the miss, CEO Mike Doustdar pushed back on the negativity. “We strongly believe that CagriSema has, right now, the best weight efficacy than any product currently in the market,” he said.

Novo filed CagriSema with the FDA late last year, and a decision is expected by late 2026. Doustdar said he expects it to reach the market early next year with the best weight-loss label available.

The company is also exploring additional trials, including higher-dose combinations, to maximize the drug’s potential.

CagriSema combines semaglutide — the ingredient in Ozempic and Wegovy — with cagrilintide, an experimental hormone that affects appetite. Novo has positioned it as the first GLP-1/amylin combination treatment for obesity.

A Rough Run for Novo

This is not an isolated setback. When Novo first released CagriSema late-stage data in December 2024, the stock dropped 21% and wiped out nearly $100 billion in market value.

Over the past year, NVO has lost close to 50% of its value.

Earlier this month, Novo forecast a sales and profit decline of between 5% and 13% for 2026. The company is dealing with rising competition, lower U.S. prices, and upcoming patent expirations on Wegovy and Ozempic in some markets.

Jefferies analyst Michael Leuchten noted that CagriSema’s commercial positioning is “increasingly unclear” following Monday’s results. He estimated the drug could account for 15% to 25% of Novo’s revenue by 2030 and said the situation highlights “the pressing need for M&A,” forecasting Novo could spend up to $35 billion on acquisitions this year.

Meanwhile, Eli Lilly’s stock rose 3.1% in premarket trading Monday.

Novo’s Copenhagen-listed stock was last seen down 14% at 259 Danish kroner.

Dogecoin price is stuck in a technical bear market, a trend that may continue as key metrics like exchange-traded fund inflows and futures open interest slip.

Dogecoin (DOGE) token was trading at $0.09610, down by 80% from its highest level in November 2024. It is hovering near its lowest level since September 2024.

DOGE, the biggest meme coin in the crypto industry, has dropped, mirroring the performance of Bitcoin (BTC) and other altcoins. It has also mirrored the performance of other meme coins like Shiba Inu and Bonk.

Third-party data shows that Dogecoin’s demand has waned in the past few months. A good example of this is in Wall Street, where DOGE ETFs by companies like Grayscale, 21Shares, and BitWise have not attracted any inflows since February 3. 

Their cumulative inflows this month is just $252k, with their assets being $9 million. In contrast, spot XRP ETFs have over $1 billion in assets, while Solana have $775 million. 

More data shows that the futures open interest has tumbled in the past few months. It has dropped to $1 billion, down from $5.2 billion in September last year. Falling open interest is a sign that demand from the highly active traders has continued falling. 

The open interest has been in a downtrend after the major liquidation event that happened in October last year. In most cases, falling interest during a downtrend is a sign that demand is waning.

Dogecoin price prediction: technical analysis

The weekly chart shows that the DOGE price has slumped in the past few months. It dropped below the important support level at $0.10, confirming a bearish outlook. 

Most notably, the coin has formed a multi-year head-and-shoulders pattern. The head is at $0.4820, while the right shoulder is at $0.3073, and the left one is at $0.2290. 

Dogecoin has remained below the 50-week and 100-week Exponential Moving Averages. It has dropped below the key support level at $0.1296, its lowest level in April last year.

Therefore, the coin will likely continue falling as sellers target the key support level at $0.050. The bearish outlook will become invalid if it moves above the key resistance at $0.1300 will invalidate the bearish outlook.