Evernorth Bets Big on XRP as Finance Moves On-Chain

  vor 8 Monaten

Evernorth CEO Asheesh Birla has provided an insight into why the company is building around XRP and the XRP Ledger (XRPL). During a recent livestream, he framed XRP and XRPL as purpose-built financial plumbing for the next generation of global finance. Visit Website

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Until XRP Reclaims This Support Base, $0.70 Remains on the Table

  vor 8 Monaten

Crypto analyst ChartNerd has shared a new technical outlook on XRP, identifying what he describes as major bullish reversal signals while cautioning that a decline to $0.70 remains possible. In his post, ChartNerd emphasized that although positive signals are emerging, XRP must reclaim its prior $1.80 support base before a sustained upward move can be confirmed. The chart attached to his tweet presents XRP on the monthly timeframe using the Gaussian Channel indicator. Several historical instances are highlighted where XRP retested the upper Gaussian Channel regression band before continuing higher. These areas are marked as “Upper GC Retest” and “Mid GC Retest,” illustrating how price has historically interacted with the channel during previous cycles. According to ChartNerd, “XRP: Major bullish reversal signals are flashing; however, $0.70 remains on the table until XRP breaks back through its prior $1.80 support base. The Gaussian Channel signal is hard to ignore here.” His analysis suggests that while technical conditions are improving, confirmation depends on reclaiming former structural support. $XRP : Major bullish reversal signals are flashing, however, $0.70 remains on the table until XRP breaks back through its prior $1.80 support base. The Gaussian Channel signal is hard to ignore here https://t.co/S8BDzbzMqO pic.twitter.com/ALlKFSyJz7 — ChartNerd (@ChartNerdTA) February 12, 2026 $1.80 Identified as Structural Pivot The chart shows XRP currently trading below the red upper Gaussian Channel band, with price action positioned near a prior support area around $1.80. This level is presented as a decisive threshold. ChartNerd’s assessment indicates that until XRP closes back above that region , the possibility of a deeper retracement toward $0.70 cannot be ruled out. The tweet says all prior upper Gaussian Channel regression band retests resulted in mid-channel retests. It further states that a possible low could be marked at $0.70 in May or June if the reclaim does not occur. The historical structure depicted on the chart shows similar pullbacks before trend continuation, reinforcing the importance of the current technical position. The Gaussian Channel, which smooths price data to identify trend direction and volatility boundaries, appears central to ChartNerd’s thesis. His conclusion suggests that the signal currently flashing on the monthly timeframe deserves attention, but structural confirmation remains pending. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Community Reactions Emphasize Structural Reclaim Responses to the post focused heavily on the importance of reclaiming prior support. SurfLiquid stated , “The level that matters is the reclaim of prior support. Until structure flips back above that base, it is just a relief inside a broader range. Reclaims change positioning. Signals alone do not.” This comment aligns with ChartNerd’s emphasis on $1.80 as the key inflection point. Another user, Joseph LaManna, reacted strongly to the $0.70 possibility, writing , “.70 freaking cents? The infrastructure to move value from here on out at .70??? What does the world need to finally get on board and buy all the remaining??? Blows my mind.” His response reflects skepticism that XRP could revisit that level given ongoing development and infrastructure growth. ChartNerd’s post ultimately presents a balanced technical outlook. While the monthly Gaussian Channel signals a potential bullish reversal, the analyst maintains that confirmation depends on reclaiming the $1.80 support base. Until that level is decisively recovered, the risk of a decline toward $0.70 remains part of the technical picture. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Until XRP Reclaims This Support Base, $0.70 Remains on the Table appeared first on Times Tabloid .

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Shiba Inu Price Crashes 87% as Futures Data Signals More Downside Ahead

  vor 8 Monaten

Shiba Inu has entered a severe bear market, having fallen from $0.00004565 in March 2024 to $0.0000060. The meme coin's market capitalization has shrunk from over $41 billion to $3.7 billion. The Ethereum-based token faces mounting pressure as multiple metrics point toward continued weakness. Futures market data reveals a dramatic shift in trader sentiment. Open interest has plummeted to $61 million from a July peak exceeding $400 million. This decline in unfilled futures orders suggests waning institutional and retail interest. The broader cryptocurrency market experienced over $20 billion in liquidations during October. This event triggered a cascade that affected Bitcoin and alternative coins across the board. Futures Market Signals Bearish Sentiment Weighted funding rates for Shiba Inu have remained negative since February 5. These rates represent fees traders pay to maintain their positions in perpetual futures contracts. Negative funding rates indicate short sellers dominate the market. Traders holding short positions expect prices to decrease further. This dynamic creates additional downward pressure on SHIB. The persistent negative funding rate reflects a lack of bullish conviction. Long position holders have largely exited the market or reduced their exposure. Short sellers continue to profit from the declining price action. Burn Rate Collapse Compounds Price Weakness Shiba Inu's token-burning mechanism has effectively stopped functioning. The burn rate dropped over 99% on Thursday. Only 483 coins were removed from circulation in a 24-hour period. The burned tokens were valued at less than $1. This represents a negligible impact on the overall supply. The burn mechanism previously served as a deflationary tool to reduce token supply. Without significant burns, SHIB lacks a fundamental catalyst for price recovery. The collapse in burning activity reflects diminished community engagement. Fewer holders participate in voluntary burn initiatives. Shibarium, the layer-2 blockchain solution for Shiba Inu, shows similar deterioration. Total value locked has fallen to just $856,000. This metric measures assets deposited in the network's protocols.

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Early Reversal in Memecoins: Santiment

  vor 8 Monaten

Santiment predicts an early reversal in memecoins. Despite a 34% drop in market cap, capitulation signals are at the bottom. DOGE fell 32%, BTC 68.9K$, Binance bought 4.5K BTC. ETH rotation and ETF...

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XRP vs. ADA in a Bear Market: Ripple or Cardano Will Hold Up Better?

  vor 8 Monaten

Needless to say, the cryptocurrency industry has seen better days, with the prices of countless assets collapsing by 50% or more in the past several months. This has propelled analysts to speculate that this is no longer a bull market correction; instead, the majority believes the bear phase has begun. If that’s the case, then let’s see which altcoins between two of the most popular ones – XRP and ADA – can cope better under times of uncertainty, fear, and sell-offs. Narrative and Market Structure To gain further perspective on the matter from an unbiased analysis, we decided to touch upon perhaps the most widely utilized AI chatbot solution – ChatGPT. It began by acknowledging the fact that the narrative in crypto has shifted from “how high can this asset go” to “which altcoin is likely to lose less.” When it came to comparing the two altcoins in question, the AI platform outlined several categories in which either one can outshine the other. In market structure and liquidity, it noted that XRP typically benefits from deep exchange liquidity, high derivatives activity, and strong global trading presence. Although ADA also has strong liquidity, it has historically shown higher volatility during drawdowns and has been more aggressively sold by retail investors. As such, this point went for Ripple’s cross-border token, which actually took the second win as well, dubbed “narrative resilience.” ChatGPT noted that XRP’s value proposition revolves around cross-border payments, institutional rails, and regulatory positioning, while ADA’s thesis centers on smart contracts, ecosystem development, and long-term infrastructure growth. “During bear cycles, institutional and regulatory narratives often carry more defensive weight than ecosystem growth promises, especially when speculative activity declines,” it added. Community and Historical Performance The last two categories mentioned in the subheading above also had the same winner. ChatGPT said ADA has historically experienced more extreme percentage declines from cycle tops, while XRP “tends to consolidate in tighter ranges during late-stage bear phases.” In terms of community and holder behavior, ChatGPT’s answer was less obvious. It admitted that both have strong and vocal communities, but “ADA’s retail-heavy base can amplify panic selling.” In contrast, XRP’s holder base has historically shown “stronger long-term holding behavior during legal and regulatory uncertainty periods.” Consequently, OpenAI’s platform determined the following in a confirmed bear market: XRP is slightly more likely to show resilience ADA could face deeper volatility and sharper pecentage drawdowns However, it warned that if BTC continues to trend lower, neither of the aforementioned altcoins is immune to additional double-digit percentage declines. The post XRP vs. ADA in a Bear Market: Ripple or Cardano Will Hold Up Better? appeared first on CryptoPotato .

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