As XRP attempts to defend a crucial support level, an analyst has called for a 
30%-40% rally in the coming weeks, suggesting that the altcoin could see 
short-term relief before it reaches its “critical inflection point.” Related 
Reading: Analyst Says Dogecoin At $2 Is ‘Inevitable’ As Elon Musk Revives 
‘Dogefather’ Meme XRP Defends Its &#8216;Lifeline&#8217; On Friday, XRP saw a 2.5% 
intraday retrace to retest the $1.43 area before bouncing above the crucial 
$1.40 level. The altcoin has been hovering between $1.34-$1.50 over the past 
month, recently attempting to break out of the range’s upper boundary. During 
this week’s market rally, the cryptocurrency surged 15% from the weekend lows, 
reaching a one-month high of $1.60 on Tuesday. However, broader market 
volatility has pulled XRP back into its local range, leading the altcoin to 
retest a crucial area. Analyst ChardNerd affirmed that the altcoin is 
“currently defending a lifeline as it clings to support” and that he expects 
continuation to what he believes will be its “critical inflection point” in 
the coming weeks. XRP has been trading around its 200-Week Exponential Moving 
Average (EMA), currently at $1.41, with multiple closes below it and a bullish 
reclaim above this level in the latest weekly candle. As he explained, this is 
the key guardrail that the cryptocurrency must defend as the end of the week 
approaches, as it would set the stage for a new retest and potential reclaim 
of its $1.50 resistance and a relief rally toward two crucial levels above, 
the 20 EMA and 50 EMA. “So, what I&#8217;m trying to say is XRP could potentially 
have some sort of relief in the coming months, up towards these EMAs, which 
sit between $1.80 and $2.00. And if it gets this relief, that will mark a very 
critical inflection point.” He further emphasized that XRP must defend and 
hold the 200 EMA, as it has reclaimed the critical support level in the weekly 
timeframe and pushed the price toward its recent local highs. Why An April 
Rally Is Likely Diving deeper into the potential upcoming relief rally, the 
analyst observed that in previous cycles, XRP also had a “very interestingly 
unfolding price action.” He noted that after peaking in 2021, the altcoin fell 
to the 200 EMA, saw a relief rally toward the 20 and 50 EMA before being 
rejected and ultimately dropping to its bear market lows. Now, the 
cryptocurrency has done “exactly what we did in the prior cycle peak in 2021,” 
significantly retracing from its July 2025 peak and falling back to the 200 
EMA. Notably, the altcoin saw around three months of relief after the 
successful back test, which could signal that “this is where we could see the 
next sort of few months, if Bitcoin behaves.” Related Reading: Solana Eyes 
‘Clear Path’ Towards $115 Amid SEC Guidance, SOL ETFs Demand Moreover, the 
previous relief rally took place around March 2022, ChardNerd asserted, noting 
that “It doesn’t have to repeat the exact same way.” If the March relief rally 
doesn’t retest the $1.80-$2.00 in the next week, the analyst suggested that 
“there is a possibility that it lasts a bit longer than it did the prior 
cycle” and continues into April or May. “So, this is why there’s still the 
potential, I think, to get the push to $2 and then XRP comes back to $0.80 to 
$0.70,” he concluded. Featured Image from Unsplash.com, Chart from 
TradingView.com

XRP’s ‘Critical Inflection Point’ Weeks Away? Analyst Explains Why A $2 April Rally Is Possible

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Meta’s Metaverse Is Safe, at Least for Now

On-chain data shows the Bitcoin sharks and whales have seen their population 
grow during the last three months, despite the price witnessing an overall 
downtrend in this window. Bitcoin Sharks &amp; Whales Saw A 3.9% Jump In Address 
Count Over Last 3 Months In a new post on X, on-chain analytics firm Santiment 
has discussed the latest trend in the Supply Distribution of the Bitcoin 
sharks and whales. The &#8220;Supply Distribution&#8221; here refers to an indicator that 
tells us, among other things, the number of wallets that belong to a given 
coin range. For example, the Supply Distribution of the 1 to 10 coins cohort 
measures the number of addresses that are holding between 1 and 10 tokens of 
the asset. In the context of the current topic, the range of interest is the 
100+ BTC one (with the upper bound at infinity). At the current exchange rate, 
the cutoff for the range converts to $6.9 million. Thus, only the investors 
with a significant amount of capital would be able to qualify for it. Such 
holders are collectively known as the sharks and whales. Related Reading: 
Bitcoin Bearish Positioning Persists As Funding Rates Hold Negative Traders of 
this size can carry some degree of influence in the market, so their behavior 
can often be worth keeping an eye on. It doesn&#8217;t always correlate with the 
asset&#8217;s trajectory, but it can still contain information about the sentiment 
among the key hands. Now, here is the chart shared by Santiment that shows the 
trend in the Bitcoin Supply Distribution for the sharks and whales over the 
last few months: As displayed in the above graph, the Bitcoin sharks and 
whales have seen their Supply Distribution go through a notable rise over the 
last few months, indicating the number of investors falling inside these 
groups has gone up. More specifically, sharks and whales have seen their 
combined count jump by 753 since December 19th, representing an increase of 
3.9% over a three-month period. From the chart, it&#8217;s visible that this surge 
in the Supply Distribution of the 100+ BTC holders has come while the 
cryptocurrency&#8217;s spot price has gone through a downtrend. This means that 
instead of pulling back during the market decline, more big-money investors 
have joined the network. &#8220;This is just one of many bullish divergences showing 
in our on-chain data currently while short-term prices continue their 
volatility,&#8221; noted the analytics firm. Related Reading: Bitcoin Demand Heats 
Up: Coinbase Premium Green For 25 Straight Days The indicator has also climbed 
on the yearly scale, being up 2,148 addresses or 12% compared to March 19th, 
2025. During this window, BTC went through a bull run, so large investors had 
a profitable opportunity to exit, but it seems that they chose to stick around 
instead. BTC Price Bitcoin has slipped under the $70,000 level following its 
latest pullback. Featured image from Dall-E, chart from TradingView.com

Bitcoin Shark & Whale Wallets Jump Despite Bearish Price Action

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As projections anticipated, Bitcoin’s difficulty adjusted downward at block 
height 941472, falling 7.76% and easing the path for miners to find blocks 
over the next two weeks. The network has now logged six difficulty adjustments 
this year, with the metric sitting nearly 10% below its level at the close of 
2025. Lower Bitcoin Difficulty Offers […]

Cryptocurrency price in USD