XRP price failed to surpass $1.50 and started another decline. The price is 
now correcting gains and might find strong bids near $1.340. XRP price started 
a downside correction and declined below $1.420. The price is now trading 
below $1.40 and the 100-hourly Simple Moving Average. There is a declining 
channel forming with resistance at $1.4050 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair could start another increase if it 
stays above $1.3320. XRP Price Holds Support XRP price failed to stay above 
$1.50 and started a downside correction, like Bitcoin and Ethereum. The price 
dipped below the $1.450 and $1.420 levels to enter a negative zone. The price 
even dipped below the 38.2% Fib retracement level of the upward move from the 
$1.1356 swing low to the $1.5435 high. However, the bulls remained active near 
the $1.340 zone. Besides, there is a declining channel forming with resistance 
at $1.4050 on the hourly chart of the XRP/USD pair. The price is now trading 
below $1.40 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $1.40 level. The first 
major resistance is near the $1.4050 level, above which the price could rise 
and test $1.4650. A clear move above the $1.4650 resistance might send the 
price toward the $1.50 resistance. Any more gains might send the price toward 
the $1.5250 resistance. The next major hurdle for the bulls might be near 
$1.550. More Losses? If XRP fails to clear the $1.4050 resistance zone, it 
could start a fresh decline. Initial support on the downside is near the 
$1.3380 level or the 50% Fib retracement level of the upward move from the 
$1.1356 swing low to the $1.5435 high. The next major support is near the 
$1.2920 level. If there is a downside break and a close below the $1.2920 
level, the price might continue to decline toward $1.250. The next major 
support sits near the $1.2320 zone, below which the price could continue lower 
toward $1.2150. Technical Indicators Hourly MACD – The MACD for XRP/USD is now 
gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The 
RSI for XRP/USD is now below the 50 level. Major Support Levels – $1.3380 and 
$1.2920. Major Resistance Levels – $1.4050 and $1.450.

XRP Price Steadies Above Support, Break Higher Or Fade Again?

Ethena-backed suiUSDe has gone live on Sui’s mainnet, bringing the network its 
first native synthetic dollar for margin trading and decentralized finance 
use. Ethena-backed suiUSDe has officially launched on the Sui mainnet, 
bringing the network its first native synthetic dollar…

Ethena-backed suiUSDe goes live on Sui mainnet

Despite the deposit and withdrawal halt, BlockFills customers can still place 
trades on the platform to open and close positions.

Crypto lender halted withdrawals during Bitcoin’s fall last week

HYPE, the price ticker often used for the Hyperliquid ecosystem token (HYPE), 
has been under pressure in recent sessions as broader market weakness 
intersects with profit-taking and technical sell signals. Related Reading: 
Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber While on-chain 
activity and exchange metrics point to growing market share for the 
Hyperliquid decentralized exchange (DEX), the token’s price has dipped toward 
critical support levels, prompting questions about whether $25 can hold as a 
floor. HYPE&#8217;s price moving sideways following an uptick on the daily chart. 
Source: HYPEUSD on Tradingview HYPE Price Weakness Meets Broader Market Trends 
As of the latest data, Hyperliquid (HYPE) is trading around $28.6, down from 
recent highs and roughly 51% below its all-time peak recorded in September 
2025. The 24-hour trading volume remains elevated at over $285 million, 
suggesting active participation even amid the decline. In the short term, 
technical indicators have shown bearish momentum, with resistance forming 
above current levels and support zones near $24–$26, making this range a focus 
for traders gauging near-term risk. Investors have pointed to leverage flushes 
and large position liquidations as catalysts for downward pressure in recent 
sessions. Earlier reports flagged concentrated selling from leveraged casts 
that sent ripples through perp markets, contributing to price swings across 
derivatives tokens, including HYPE. DEX Growth and Exchange Share Gains 
Despite price softness, fundamental usage metrics for the Hyperliquid protocol 
tell a different story. Across 2025, Hyperliquid’s notional trading volume 
reached approximately $2.6 trillion, nearly double the $1.4 trillion processed 
by Coinbase, one of the largest centralized exchanges, according to analytics 
firm Artemis. The significant growth in the trading volume suggests that 
traders are increasingly allocating activity to on-chain venues, particularly 
those offering decentralized perpetual futures. Further supporting this trend, 
Hyperliquid’s permissionless perpetual markets (HIP-3) recorded a $5.2 billion 
daily trading volume, driven in large part by precious metal contracts such as 
silver. What’s Next for Hyperliquid’s Support Levels? The juxtaposition of 
strong underlying volume and a weakening token price underscores the 
complexity of the current selloff. If selling pressure persists, the $25–$26 
zone will be critical to watch; a breach could expose lower support near $22. 
Conversely, stabilization above this range could shift sentiment toward 
accumulation, especially if broader market conditions improve. Related 
Reading: BlockTower’s Ari Paul: Bitcoin May Never Hit Another All-Time High In 
a market where exchange usage and on-chain activity are becoming as important 
as price alone, HYPEUSD’s ability to consolidate at key levels may prove 
decisive for its next directional. Cover image from ChatGPT, HYPEUSD chart on 
Tradingview

Can HYPE Hold $25? Token Falls as Hyperliquid Quietly Gains Market Share

The UK&#8217;s digital gilt pilot could revolutionize sovereign bond issuance, 
enhancing financial innovation and attracting global investment.
The post UK Treasury taps HSBC&#8217;s Orion blockchain to pilot first G7 digital 
gilt appeared first on Crypto Briefing.

Cryptocurrency price in KRW