Bitcoin remains pinned below $65,000 as random bouts of intense selling pressure persist, but one onchain indicator has stabilized, providing insight into when spot market demand may return.
Users placed more than $7 million betting on the outcome of the crypto sleuth's investigation, expected to be announced on Thursday.
A long-dormant Shiba Inu whale has transferred more than 349 billion SHIB tokens to Bitget in a matter of hours, signaling a deliberate repositioning of one of the more closely watched crypto wallets on-chain. The move drew attention from analysts and traders alike, as the wallet identified by the address prefix ”0xa145Bd8C9E” had remained largely inactive for over a year before executing the transfers. The largest single transaction involved 203.53 billion SHIB, valued at approximately $1.2 million at the time of transfer. Earlier that day, the wallet moved 71.27 billion SHIB, worth around $421,000, followed by two smaller transfers of 37.58 billion and 37.13 billion SHIB. Combined, the outflows represent nearly 30% of the wallet's previous on-chain balance, a significant reduction by any measure. Scale of the Transfer and What Remains Despite the size of the outflow, the wallet is far from empty. It retains 371.04 billion SHIB, currently valued at approximately $2.19 million. That holding is part of a broader portfolio estimated at $8.44 million, where SHIB ranks as the second-largest position. The top holding is PEPE, with 1.31 trillion tokens worth roughly $5.13 million. The portfolio composition suggests the holder is not a SHIB-only investor but rather a multi-asset crypto whale with concentrated positions across meme-based tokens. The decision to move SHIB specifically while leaving PEPE untouched adds context to the nature of the transfer. At a spot price near $0.0000059 per token, the 203 billion SHIB sent to Bitget represents notable liquidity on a single exchange. It is not large enough to move the broader market, given SHIB's daily trading volumes across global platforms, but it is large enough to influence price action on Bitget in the short term if the tokens are sold. Origins of the Holdings and Exchange History Historical blockchain records show the wallet accumulated its SHIB position through multiple Binance-related transactions. These included a series of deposits ranging from 1 billion to 2.14 billion SHIB, along with interactions tied to Binance hot wallets. The accumulation occurred over an extended period, after which the wallet went quiet. The transition from Binance-sourced holdings to a Bitget deposit marks a clear shift in strategy. Moving assets from cold or self-custodied storage to an active exchange is a standard precursor to trading activity. Whether that activity involves spot sales, futures collateral, or options positioning remains unclear. However, dormant wallet inflows to exchanges have historically preceded at least partial liquidation events.
Key takeaways Arweave’s price prediction anticipates a high of $5.5 by the end of 2026. In 2029, AR will range between $8 and $13.44, with an average price of $11.96. In 2032, Arweave (AR) could reach a maximum price of $32. Arweave (AR) is a unique cryptocurrency that underpins a decentralized, permanent data storage solution, setting it apart in the blockchain space. As Arweave’s ecosystem continues to grow, interest in its price trajectory has increased among investors and analysts alike. This price prediction explores potential future movements of AR, considering factors like market trends, technological advancements, and overall crypto market sentiment. Understanding these dynamics is crucial for those looking to invest or engage with Arweave’s long-term vision of decentralized, permanent data storage. Overview Cryptocurrency Arweave Ticker AR Current price $1.87 Market cap $122.38M Trading volume $19.43M Circulating supply 65.45M AR All-time high $90.94 Nov 05, 2021 All-time low $0.2988 Jan 31, 2020 24-hour high $1.89 24-hour low $1.82 Arweave price prediction: Technical analysis Metric Value Volatility (30-day variation) 21.97% (Extremely High) 50-day SMA $2.95 200-day SMA $4.57 14-Day RSI 30.47 (Neutral) Sentiment Bearish Fear and greed index 8 (Extreme Fear) Green days 9/30 (30%) Arweave price analysis TL;DR Breakdown AR dropped about 40% and is now holding steady around $1.78, a key support level. Buying pressure is slowly improving, but the price is still below the $1.97 resistance level. If AR falls below $1.78, more downside is likely. AR/USD 1-day chart On the daily timeframe for February 24, AR is trading at $1.874, up +1.02% on the session, attempting to stabilize above the $1.72–$1.78 support band after a multi-week decline from the $3.00 region, marking roughly a 38–40% drawdown from the recent high. The coin’s price rejected lower levels near $1.78 and printed a small recovery candle, but it still trades below the key resistance cluster at $1.97, $2.13, and $2.19. AR/USD 1-day chart by TradingView The structure remains corrective rather than impulsive. The bounce from around $1.78 is constructive, yet bulls must reclaim $1.97 to confirm short-term strength; otherwise, this is just a relief rally inside a broader downtrend. A daily close above $2.13 would shift momentum meaningfully and open room toward $2.44, while losing $1.78 exposes $1.72 and potentially a deeper capitulation leg. The MACD is curling upward with the histogram turning positive, signaling fading bearish momentum, but the signal lines remain below zero, meaning the trend hasn’t fully reversed yet. Arweave 4-hour price analysis On the 4-hour chart, AR sits at $1.869, marginally positive (+0.11%), and is trading below the Alligator moving averages, which are still fanned downward, confirming short-term bearish control. However, the recent sequence shows higher lows forming off the $1.82–$1.84 area, suggesting accumulation rather than continuation breakdown. AR/USD 4-hour chart by TradingView The RSI has rebounded to 40, recovering from near-oversold levels around 30, indicating bearish pressure is easing but not yet bullish. Immediate resistance lies at $1.89–$1.92 (aligned with the moving averages). A decisive break above $1.92 would likely trigger momentum toward $1.97, while failure here increases the probability of another sweep toward $1.82. The short-term trajectory is attempting a base, but confirmation requires reclaiming the moving average cluster. Arweave technical analysis: Levels and action Daily simple moving average (EMA) Period Value Action SMA 3 $2.72 SELL SMA 5 $2.38 SELL SMA 10 $2.12 SELL SMA 21 $2.05 SELL SMA 50 $2.95 SELL SMA 100 $3.42 SELL SMA 200 $4.57 SELL Daily exponential moving average (EMA) Period Value Action EMA 3 $2.36 SELL EMA 5 $2.70 SELL EMA 10 $3.12 SELL EMA 21 $3.40 SELL EMA 50 $3.73 SELL EMA 100 $4.26 SELL EMA 200 $5.42 SELL Arweave price analysis conclusion AR is in a broader corrective phase but is trying to form a local bottom around $1.78–$1.82. Momentum is improving, yet structure remains fragile until $1.97–$2.13 is reclaimed. If support holds, a relief push toward $2.10–$2.20 is probable. If $1.78 breaks, expect accelerated downside. Is Arweave a good investment? Arweave can be a good long-term investment for those with a higher risk tolerance. Its focus on permanent decentralized storage sets it apart from other crypto projects. However, it remains high-risk due to market volatility, competition, and adoption challenges. Will AR reach $50? Yes, Arweave (AR) reaching $50 is realistic, especially in a strong crypto market cycle. Will AR reach $100? AR has already reached about $90 during the 2021 bull market, so $100 is technically achievable again in a future bull run, but not guaranteed. It would require strong market momentum, widespread adoption of its decentralized storage solutions, and continued ecosystem growth. Does Arweave have a good long-term future? Arweave has strong long-term potential due to its unique focus on permanent decentralized storage and a growing ecosystem, especially with the launch of its AO computing platform. Its fixed token supply and adoption by major Web3 projects like Solana and The Graph strengthen its investment case. However, real-world usage, regulatory risks, and competition from other storage protocols remain key challenges. Recent news/opinion on Arweave Arweave daily update Your daily dose of Arweave, February 24th @_merdikim shares AOForm fork @ar_io_network celebrates anniversary @theelixyne wins Out of Context week 5 Plus: A UDL crash course featuring @OurBazAR and @wofi_ai Get the details 👇 pic.twitter.com/pFN0GysUCn — Only Arweave (@onlyarweave) February 24, 2026 Arweave price prediction February 2026 In February 2026, Arweave’s price may drop to a minimum of $1.6. The expected average value might be $1.82, with a maximum price of $3.51. Month Potential low ($) Potential average ($) Potential high ($) Arweave price prediction February 2026 1.6 1.82 3.51 Arweave price prediction 2026 In 2026, the price of Arweave is predicted to reach a minimum level of $1.53. Traders can anticipate a maximum price of $5.50 and an average trading price of $3.82. Year Potential low ($) Potential average ($) Potential high ($) Arweave price prediction 2026 1.53 3.82 5.50 Arweave price predictions 2027-2032 Year Minimum Price Average Price Maximum Price 2027 $4.20 $5.90 $7.84 2028 $6.00 $8.66 $9.92 2029 $8.00 $11.96 $13.44 2030 $11.20 $16.13 $17.92 2031 $14.40 $20.45 $22.40 2032 $17.60 $25.17 $32.00 Arweave price prediction 2027 The Arweave price prediction for 2027 suggests a minimum value of $4.20. AR’s price could reach a maximum price of $7.84 and an average forecast price of $5.90. Arweave price prediction 2028 Based on the Arweave price forecast for 2028, the digital asset could reach a maximum price of $9.92, an average price of $8.66, and a minimum price forecast of $6.00. Arweave price prediction 2029 The 2029 Arweave price prediction suggests that the AR tokens will trade at a minimum price of $8.00, an average price of $11.96, and a maximum price of $13.44. Arweave price prediction 2030 Arweave’s price forecast for 2030 suggests that the digital token could trade at a maximum value of $17.92 and a minimum price of $11.20. The average price of an AR token could be $16.13 within this period. Arweave price prediction 2031 The Arweave price forecast for 2031 expects AR coin to trade at a minimum price of $14.40, an average price of $20.45, and a maximum price of $22.40. Arweave price prediction 2032 According to the Arweave price forecast for 2032, AR could reach a maximum price of $32.00 and a minimum price of $17.60. The average trading value of the AR token is expected to be $25.17. Arweave price prediction 2026 – 2032 Cryptopolitan’s AR price prediction Our predictions suggest that Arweave could achieve a high of $5 in 2026. In 2029, AR will range between $8 and $10, with an average price of $8.7. Arweave (AR) might record a maximum price of 20 in 2032 if the bulls back the token. Arweave market price prediction: Analysts’ AR price forecast Firm 2026 2027 Digitalcoinprice $2.46 $1.13 Changelly $6.56 $1.78 CoinCodex $1.88 $1.60 Arweave historic price sentiment Arweave (AR) price history by Coingecko Arweave (AR) ‘s price fluctuated significantly from 2020 to 2024, reflecting its evolving position in the cryptocurrency market. Arweave started at $0.52 in late 2020, rose to $8-$10 in 2021, and peaked at an all-time high of ~$80 later in 2021 during a market boom. The price experienced a sharp correction in 2022, declining to $30-$40 as the market cooled. Arweave stabilized in 2023, trading between $10-$20, reflecting a period of consolidation. By early to mid-2024, Arweave experienced another price spike, reaching $40, but eventually settled at around $26.5. In August 2024, the price reached $27.37, but dipped to $13.27 in October. AR closed gained some momentum in December and closed the year at about $19. 2025: Extended consolidation phase. In 2026, AR is trading near long-term support levels.
Cipher, a company formerly known as Cipher Mining, has released its Q4 and full-year 2025 results, reporting $60 million in revenue, below what analysts expected, with an adjusted net loss of $55 million. It attributed those figures to heavy transition costs as the company shifts away from its core business operations — Bitcoin mining . Those costs are being treated as necessary collateral. Cipher has rebranded Tyler Page, Chief Executive Officer, still tagged the year 2025 a transformative one that reflected continued momentum as the company advanced its evolution into a leading HPC data center development company. During the quarter, Cipher upsized its initial lease with Fluidstack and Google and signed its first HPC lease with Amazon. It also successfully executed multiple bond offerings to finance two of its existing HPC projects at Barber Lake and Black Pearl. “In recognition of this successful shift in our business model and strategic priorities going forward, we are proud to now officially operate as Cipher Digital,” Page declared . The company’s rebrand to Cipher Digital means the company is now focused on sourcing and securing power, developing advanced data centers purpose-built for HPC workloads, and leasing capacity to companies entrenched in the AI race. Cipher has secured financing for the transition To fund the transition, Cipher sold its 49% interest in the three 40 MW joint venture sites, Alborz, Bear, and Chief, as well as select Bitcoin mining machines previously deployed at Black Pearl, to Canaan Inc. for approximately $40 million in an all-stock transaction. The company has also successfully executed three offerings to finance the construction at Barber Lake and Black Pearl, raising $3.73 billion in the process. Cipher raised that amount via three senior secured bond offerings, and it is supposed to support the buildout of the HPC infrastructure. Securing funds for the transition eliminates a major hurdle in the execution of these large-scale projects and leaves Cipher fully focused on the construction and delivery of Barber Lake and Black Pearl, both of which remain on schedule, supported by its best-in-class construction team. “2026 is a year of execution for Cipher as we fully transition the business into a leading infrastructure platform. With construction on track at our existing projects, a deep and expanding development pipeline, and heightened demand from both capital providers and tenants, we are firmly focused on establishing Cipher Digital as the premier developer and operator of data centers powering the next generation of compute,” Mr. Page also said. Solo Bitcoin miner scores rare win Earlier today, a solo miner made headlines for successfully mining block 938092 on the BTC blockchain. The block was mined around 8.04 AM UTC, and the miner earned the full block subsidy of 3.125 BTC plus transaction fees, bringing the total up to about 3.128 BTC. The dollar value of the whole bounty was worth about $200,000 in value at the time. Even though it is rare, it is not the first time a solo miner has earned full block rewards for themselves. Cryptopolitan reported in November and December last year, when solo miners earned six-figure rewards for mining the blocks 924,569 and 928,351, respectively. The BTC network hashrate is currently hovering around 1000 to 1,060 EH/s after recovering from a dip caused by US winter storms, and difficulty just jumped by 15% to 144.4 trillion on February 19, 2026. However, even though finding a block is harder now than ever before, forcing institutional miners like Cipher into AI pivots, solo miner success stories serve as timely reminders for Bitcoin purists, who reminisce on the days when miners secured the network from simple rigs in their garages. Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
BitcoinWorld Bitcoin ETF Exodus: Most 13F Filers Dumped Holdings in Q4 2024, Reveals Bloomberg Analysis Institutional investors executed a significant retreat from Bitcoin exchange-traded funds during the final quarter of 2024, according to comprehensive analysis of mandatory SEC filings. Bloomberg ETF analyst James Seyffart revealed this substantial shift in institutional positioning through detailed examination of 13F forms. This development marks a pivotal moment for cryptocurrency investment products that gained regulatory approval earlier in the year. The data provides crucial insights into how traditional financial institutions are navigating the volatile digital asset landscape. Bitcoin ETF Holdings Show Major Q4 Sell-Off Most companies filing mandatory 13F forms with the Securities and Exchange Commission sold their Bitcoin ETF positions during the fourth quarter of 2024. James Seyffart, a respected Bloomberg Intelligence ETF analyst, confirmed this trend through his systematic review of regulatory disclosures. He communicated these findings via social media platform X, noting the sales represented an expected outcome given market conditions. Asset managers and hedge funds emerged as the most significant sellers during this period. These institutional entities collectively sold ETF shares equivalent to approximately 25,000 Bitcoin during the quarter. This substantial volume represents hundreds of millions of dollars in divested positions. The sales occurred despite generally positive performance metrics for Bitcoin throughout much of 2024. Market analysts had anticipated some profit-taking behavior following the cryptocurrency’s strong performance earlier in the year. Understanding the 13F Filing Mechanism The SEC requires institutional investment managers to file Form 13F quarterly. This regulatory disclosure reveals their equity holdings exceeding $100 million in assets under management. The forms provide transparency about institutional positioning in publicly traded securities. Bitcoin ETFs became reportable through this mechanism following their regulatory approval and listing on major exchanges. Key aspects of 13F filings include: Reporting threshold: Managers with over $100 million in qualifying assets Filing deadline: 45 days after each calendar quarter ends Disclosure requirements: All equity positions meeting size criteria Public accessibility: All filings become publicly available data These quarterly disclosures offer valuable insights into institutional investment strategies. Analysts like Seyffart systematically review thousands of filings to identify market trends. The Q4 2024 data revealed consistent selling patterns across multiple institutional categories. Institutional Positioning in Cryptocurrency Markets Asset managers and hedge funds represented the largest sellers of Bitcoin ETF shares during Q4 2024. These institutional players typically employ sophisticated trading strategies. Their collective actions often signal broader market sentiment shifts. The scale of their divestment suggests several possible motivations behind the selling pressure. Several factors likely influenced institutional decision-making: Portfolio rebalancing: Year-end adjustments to maintain target allocations Risk management: Reducing exposure to volatile asset classes Profit realization: Capturing gains after Bitcoin’s 2024 appreciation Regulatory considerations: Navigating evolving cryptocurrency oversight Traditional financial institutions have approached cryptocurrency investments cautiously since gaining regulatory approval. Their initial allocations often represented experimental positions rather than core holdings. The Q4 selling activity may reflect ongoing assessment of cryptocurrency’s role in diversified portfolios. Analyst Perspectives on Institutional Behavior James Seyffart characterized the institutional selling as an expected development. His analysis considered multiple market dynamics simultaneously. The Bloomberg analyst noted that early Bitcoin ETF adopters included various institutional categories. These ranged from traditional asset managers to specialized cryptocurrency funds. Seyffart’s tracking of ETF flows throughout 2024 revealed interesting patterns. Institutional accumulation occurred primarily during Q2 and Q3. This positioning preceded the Q4 divestment wave. The analyst’s comprehensive approach examines both regulatory filings and real-time trading data. This methodology provides robust insights into market structure evolution. Other market observers have noted similar institutional behavior patterns. Several factors converged to create selling incentives during Q4 2024. These included approaching year-end reporting deadlines and evolving macroeconomic conditions. The institutional response reflects sophisticated risk assessment processes. Market Impact of Institutional Divestment The sale of approximately 25,000 Bitcoin equivalent in ETF shares represents substantial market activity. This volume represents a meaningful percentage of total Bitcoin ETF assets under management. Market analysts monitor such institutional flows closely for several reasons. Large-scale divestment can influence price discovery mechanisms and market liquidity. Despite the institutional selling pressure, Bitcoin markets demonstrated resilience throughout Q4 2024. Several factors contributed to this stability: Retail investor participation: Continued strong interest from individual investors International demand: Growing adoption in markets outside the United States Technological developments: Ongoing blockchain infrastructure improvements Macroeconomic factors: Currency fluctuations and inflation concerns The cryptocurrency ecosystem has matured significantly since Bitcoin ETFs gained approval. Multiple participant categories now influence market dynamics simultaneously. Institutional selling represents just one component of complex market interactions. Regulatory Context for Cryptocurrency Investment Products Bitcoin ETFs operate within an evolving regulatory framework. The Securities and Exchange Commission approved several spot Bitcoin ETFs in early 2024. This regulatory milestone followed years of consideration and multiple applicant rejections. The approval represented a significant step toward mainstream financial integration. Key regulatory developments in 2024 included: Timeline Regulatory Development Impact January 2024 SEC approves multiple spot Bitcoin ETFs Opened institutional access channels March 2024 Enhanced custody requirements implemented Increased security standards September 2024 Updated marketing guidelines issued Clarified disclosure requirements November 2024 Cross-agency coordination framework established Improved regulatory consistency These regulatory developments created the framework for institutional participation. The 13F filing requirements apply uniformly across all reportable securities. This regulatory consistency enables meaningful comparison across asset classes. Analysts leverage this standardized reporting to identify cross-market trends. Historical Context for Institutional Cryptocurrency Adoption Institutional engagement with cryptocurrency has evolved through distinct phases. Early experimentation began around 2017 with limited pilot programs. These initial forays involved minimal capital allocation and focused primarily on understanding blockchain technology. The subsequent years witnessed gradual institutional infrastructure development. Major milestones in institutional adoption include: 2019-2020: Custody solutions development and regulatory clarification 2021-2022: Futures-based Bitcoin ETF approvals and initial allocations 2023: Infrastructure maturation and risk framework development 2024: Spot Bitcoin ETF approvals and significant capital deployment The Q4 2024 selling activity represents the first major institutional repositioning since spot ETF approvals. This development provides valuable data about institutional cryptocurrency investment patterns. Market participants will analyze these trends to inform future investment decisions. Conclusion Bloomberg analyst James Seyffart’s revelation about 13F filers selling Bitcoin ETF holdings provides crucial market intelligence. The Q4 2024 data shows significant institutional divestment equivalent to approximately 25,000 Bitcoin. This development reflects sophisticated portfolio management strategies amid evolving market conditions. The Bitcoin ETF market continues developing despite this institutional repositioning. Future quarters will reveal whether this selling represents temporary profit-taking or longer-term strategic shifts. Market participants should monitor subsequent 13F filings for emerging institutional cryptocurrency investment patterns. FAQs Q1: What are 13F filings and why do they matter for Bitcoin ETFs? 13F filings are quarterly reports that institutional investment managers must submit to the SEC. They disclose equity holdings exceeding $100 million in assets under management. These filings matter for Bitcoin ETFs because they reveal how traditional financial institutions are positioning themselves in cryptocurrency investment products following regulatory approval. Q2: How much Bitcoin did institutions sell during Q4 2024 according to the analysis? Institutions sold Bitcoin ETF shares equivalent to approximately 25,000 Bitcoin during the fourth quarter of 2024. This represents hundreds of millions of dollars in divested positions across multiple institutional sellers filing 13F forms. Q3: Which types of institutions were the biggest sellers of Bitcoin ETFs? Asset managers and hedge funds emerged as the most significant sellers during Q4 2024. These institutional categories typically manage large portfolios and employ sophisticated trading strategies. Their collective actions often signal broader market sentiment shifts. Q4: Why did Bloomberg analyst James Seyffart call this selling activity “expected”? Seyffart characterized the institutional selling as expected due to several converging factors. These included year-end portfolio rebalancing, profit-taking after Bitcoin’s 2024 appreciation, risk management considerations, and the experimental nature of many institutions’ initial Bitcoin ETF allocations. Q5: How does this institutional selling affect the overall Bitcoin market? While substantial, the institutional selling represented just one component of market dynamics. Bitcoin demonstrated resilience throughout Q4 2024 due to continued retail investor participation, growing international demand, technological developments, and macroeconomic factors supporting alternative asset classes. This post Bitcoin ETF Exodus: Most 13F Filers Dumped Holdings in Q4 2024, Reveals Bloomberg Analysis first appeared on BitcoinWorld .
In a bid to calm investor nerves after confirming that it has sold all of its Bitcoin holdings, Bitdeer Technologies framed the move as a deliberate liquidity decision rather than a bearish signal on the asset itself. In a recent statement, the Singapore-based miner stated that converting newly mined Bitcoin into cash is a pragmatic step as it evaluates several non-binding opportunities to acquire powered land, a process that requires capital readiness well before deals are finalized. Zero-BTC Balance Sheet Despite the sale, Bitdeer continues to scale aggressively on the operational front. It ramped up self-mining capacity to more than 63 EH/s and sharply increased Bitcoin production year over year, even as it sold the entirety of its recent output rather than retaining it on the balance sheet. Its official announcement on X read , “Our decision to sell Bitcoin should not be a concern for the broader market. Our hash rate will continue to grow, and we will continue to mine more Bitcoin for the interest of our shareholders.” The latest move represents a significant departure from the balance-sheet accumulation strategy popularized by firms such as Strategy, which has treated Bitcoin as a long-term reserve asset. At the same time, the firm is accelerating a strategic pivot that further explains its cash needs – expansion into AI and high-performance computing infrastructure. Deploying large-scale GPU systems and converting existing mining sites in the US and Europe into AI-ready data centers demands substantially more upfront capital than incremental mining buildouts, which makes the sale more rational. Breaking From Miner Playbook Bitdeer isn’t the only player to have offloaded its BTC stash. In fact, there has been an emerging pattern among public miners such as Riot Platforms, Bitfarms, and Core Scientific, many of which have partially sold mined Bitcoin or diversified into AI to stabilize cash flows. Even so, Bitdeer’s decision to completely exit Bitcoin holdings places it outside the norm for publicly traded miners. Most of its peers still maintain sizable treasuries. For instance, MARA Holdings holds more than 53,000 BTC, while Riot Platforms retains close to 18,000 BTC. The post Zero Bitcoin: Why This Miner Is Selling Everything It Produces appeared first on CryptoPotato .
Crypto markets are no strangers to volatility, and XRP has repeatedly proven that patience and strategic analysis can uncover high-probability opportunities. Traders watching short-term charts are closely monitoring key support levels that may set the stage for a significant price surge. Understanding these dynamics allows investors to position themselves ahead of potential market-moving events. Technical analyst Maxi highlighted this scenario in a recent X post, pointing to XRP’s 4-hour chart, which reveals a descending triangle pattern with critical support near $1.31. According to Maxi, this setup indicates a potential brief dip toward support before a breakout occurs, possibly propelling XRP toward substantially higher price targets. We are almost there: #XRP to $1.31 then big breakout and road to $70. pic.twitter.com/dEVOj1Nwcp — Maxi (@Maxi_Dec2020) February 23, 2026 The Descending Triangle Explained A descending triangle forms when a series of lower highs converges toward a consistent support level. In XRP’s case, $1.31 represents this crucial support. Maxi explains that such patterns often indicate consolidation, as selling pressure diminishes and buyers begin absorbing excess supply. Historically, XRP has responded to similar formations with accelerated upward momentum, particularly when the broader market conditions align with technical cues. Breakout Potential and Price Targets Maxi forecasts that if XRP holds above $1.31 and breaks out from the descending triangle , the asset could target $70 in the medium term. This projection combines both historical retracement behavior and structural demand for XRP as a bridge asset in cross-border payments. A confirmed breakout could trigger a surge of buying activity from both retail traders and institutional participants, accelerating the move toward upper targets. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Fundamental Drivers Supporting Technical Trends XRP’s potential breakout aligns with ongoing developments in institutional adoption. Banks and financial institutions continue integrating Ripple’s liquidity solutions , leveraging XRP to settle cross-border transactions efficiently. Maxi emphasizes that combining technical setups with fundamental drivers—such as faster settlement times, reduced transaction costs, and updated institutional dashboards—strengthens the likelihood of sustained upward momentum. Implications for Traders and Investors For traders, $1.31 represents a strategic level for entry and risk management. Successfully holding this support could allow investors to participate in the anticipated breakout while limiting downside exposure during consolidation. Maxi’s analysis underscores the importance of pairing technical chart insights with awareness of broader market adoption trends to optimize trading decisions. XRP’s current formation demonstrates how disciplined technical analysis and an understanding of structural market factors can reveal high-probability opportunities. With support near $1.31, a breakout could validate the descending triangle pattern and set the stage for a potentially dramatic price advance toward $70 , rewarding patient and informed market participants. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Technical Analyst: XRP Heading to $1.31, Then… appeared first on Times Tabloid .