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XRP price at risk of falling to $1.12 as exchange inflows climb, open interest stalls

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XRP price, 20-day and 50-day SMA chart.

XRP price has remained in a consolidation phase for the past two weeks as investors remain in a risk-off mood, weighed by the uncertainty of when ongoing geopolitical tensions ease.

Summary

  • XRP price remains range-bound between $1.25 and $1.40 for over two weeks, down nearly 16% from its March high as risk-off sentiment persists.
  • Rising exchange inflows and $6 billion in whale selling since October signal continued selling pressure, while futures open interest remains subdued.
  • Bearish technicals point to a potential drop toward $1.12, though some analysts see a long-term breakout that could drive a major upside move.

According to data from crypto.news, XRP (XRP) price has been trading within the $1.25 to $1.40 range for more than two weeks. Trading at $1.33 at press time, the 4th largest crypto asset by market cap has fallen nearly 16% from its March high.

XRP price crashed shortly after the U.S. SEC and CFTC jointly classified XRP as a digital commodity on March 17, ending years of legal uncertainty from the SEC lawsuit and shifting primary oversight to the CFTC.

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Despite the bullish news, once it surfaced, many investors sold the news to lock in profits, which created very strong selling pressure on the XRP token.

Third-party data shows whales have been systematically selling their holdings since October last year. These whales have dumped an estimated $6 billion worth of XRP since then, as they used every price bounce as an opportunity to exit their positions.

The token’s price has also been suppressed by the tension in the Middle East, which has lowered investor risk appetite and impacted the broader crypto market.

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It continues to remain at risk of more downside as investors continue to move their XRP holdings to exchanges. Data from CoinGlass shows that nearly $160 million worth of XRP has been moved to exchanges over the past two days. If these investors were to sell their coins, it could trigger a deeper correction.

This comes as the open interest in the XRP futures market has been stalling around $2 to $3 billion for more than a month now, significantly lower than the $9 billion level recorded in October last year, a sign that derivatives traders have lost interest in the token.

The daily XRP chart suggests that the token could be set for more downside in the short term. Notably, the 20-day SMA has formed a bearish crossover with the 50-day SMA, a sign that momentum is turning bearish.

XRP price, 20-day and 50-day SMA chart.
XRP price, 20-day and 50-day SMA chart — April 13 | Source: crypto.news

XRP price has also slipped below the last line of defense at $1.43, which represents the 23.6% Fibonacci retracement level drawn from the Jan. 6 high to the Feb. 5 low.

Adding to this, the supertrend indicator has flipped red, and the RSI has dropped below the neutral threshold. Hence, XRP price stands at risk of dropping to the Feb. 5 low of $1.12, with the breach of this support potentially further accelerating the slide towards the $1.00 psychological level.

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XRP price, Supertrend, and RSI chart.
XRP price, Supertrend, and RSI chart — April 13 | Source: crypto.news

Despite the bearish outlook presented by the XRP chart in the short term, some analysts maintain a bullish perspective over a longer time frame.

In a recent X post by analyst Ali Martinez, he expects the XRP token to rebound by over 500% over the coming months if it successfully breaks out of a descending triangle pattern that has been developing on the monthly timeframe for nearly nine years. See below:

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Crypto World

Meta builds photorealistic AI Zuckerberg to engage employees in real time

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Meta builds photorealistic AI Zuckerberg to engage employees in real time

Meta Platforms is experimenting with AI to develop a new way for its chief executive, Mark Zuckerberg, to communicate with his staff without being physically present.

Summary

  • Meta Platforms is developing a photorealistic AI-powered 3D version of Mark Zuckerberg to enable real-time interaction with employees without physical presence.
  • The system is being trained on Zuckerberg’s voice, expressions, and communication style, with the goal of providing staff direct access to leadership for guidance and updates.
  • The initiative comes as Meta expands its social commerce tools, allowing creators to link product catalogues within Reels, turning content into shoppable storefronts across 22 countries.

A recent report by the Financial Times says the company is building a photorealistic, AI-powered 3D version of Zuckerberg, which would be capable of engaging with his employees in real time.

The system will be designed to simulate natural conversations, allowing staff members to interact with the digital representation of Zuckerberg, who can respond in a human-like manner.

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While still in early stages, the initiative signals Meta’s continued investment in virtual human systems that can speak, respond, and hold conversations across different environments.

The digital version is being trained using Zuckerberg’s voice, facial expressions, tone, and public speaking patterns. It is also learning from his recent statements on company strategy, so it can deliver responses aligned with his views. Reports indicate that Zuckerberg is actively involved in testing and refining the system.

Meta expects the tool to give employees real-time access to leadership for guidance, feedback, and updates. The company also sees it as a way to improve internal communication, especially given its global workforce, where direct interaction with executives is limited.

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However, it should be noted that creating such a system requires massive computing power to ensure lifelike visuals and low-latency conversations. Teams at Meta have been working to improve both rendering quality and voice realism. As part of this effort, the company has strengthened its capabilities through acquisitions such as PlayAI and WaveForms.

The project is separate from Meta’s internal CEO assistant agent, which helps Zuckerberg manage daily tasks and retrieve information. Unlike that system, the 3D model is focused on communication and interaction, and could eventually extend beyond internal use.

Once successful, the approach may open the door for creators and influencers to build their own AI-driven avatars to engage audiences. Meta has already taken initial steps in this direction through its AI Studio platform.

Meta pushes into social commerce to strengthen creator ecosystem

The development follows Meta Platforms’ expansion in social commerce by linking creators, artificial intelligence, and advertising more closely to purchasing activity across platforms like Instagram and Reels.

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A central part of the strategy involves increasing the role of creators in the shopping journey. Businesses in 22 countries, including India, will soon be able to share product catalogues directly with creators. These can then be tagged and linked within Reels, effectively turning content into shoppable storefronts.

The update would narrow the gap between entertainment and commerce, allowing users to move more seamlessly from discovery to purchase within the same interface.

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Crypto ETP Inflows Hit $1.1 Billion, Strongest Since January

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Crypto ETP Inflows Hit $1.1 Billion, Strongest Since January

Cryptocurrency investment products clocked significant inflows last week, marking their strongest weekly gains since January.

Global crypto exchange-traded products (ETPs) logged $1.1 billion in inflows last week, with Bitcoin (BTC) leading the gains with $871 million in inflows, CoinShares reported on Monday.

The inflows marked the second-biggest weekly gains in 2026 so far, following only the $2.17 billion in weekly inflows recorded in mid-January.

Weekly crypto ETP flows (in millions of US dollars). Source: CoinShares

CoinShares’ head of research, James Butterfill, attributed the spike in inflows to a rebound in investor risk appetite following tentative ceasefire developments in Iran, alongside support from softer-than-expected US inflation and spending data.

The inflows came amid volatility in spot markets, with BTC reclaiming $70,000 and briefly topping $73,000 last week, even as broader market sentiment remained negative, underscoring sustained institutional demand and resilience in regulated investment products.

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Ether ETP flows rebound, but year-to-date inflows are still negative

Ether (ETH) ETPs saw a strong rebound in sentiment with around $196.5 million in inflows, the first inflows after three consecutive weeks of outflows.

Despite the gains, Ether remains one of the only assets in a net outflow position year-to-date, at $130 million. In contrast, Bitcoin sits on the largest inflows this year so far at $1.9 billion and accounts for around 83% of the $2.3 billion in total crypto ETP inflows year-to-date.

Crypto ETP flows by asset (in millions of US dollars). Source: CoinShares

Although Bitcoin ETPs posted significant inflows, short-Bitcoin investors were also active last week, with weekly inflows totaling $20 million, their largest weekly inflows since November 2024, Butterfill noted.

Among other gains, XRP (XRP) ETPs posted inflows of around $19 million. Solana (SOL) saw minor outflows of $2.5 million.

Related: BlackRock Bitcoin ETF sees $269M inflows, best day since early March

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Regionally, positive sentiment was almost entirely concentrated in the US, which saw inflows of $1 billion, accounting for 95% of net weekly inflows. The majority of Bitcoin ETP inflows were driven by US spot BTC exchange-traded funds, which posted $786.3 million in inflows last week, according to SoSoValue data.

Germany recorded inflows of $34.6 million, while Canada and Switzerland saw more modest inflows of $7.8 million and $6.9 million, respectively.

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