XRP price started a decent increase above $1.420. The price is now 
consolidating gains and might aim for more gains above the $1.50 zone. XRP 
price started a decent upward move above the $1.40 zone. The price is now 
trading above $1.40 and the 100-hourly Simple Moving Average. There is a 
declining channel forming with support at $1.350 on the hourly chart of the 
XRP/USD pair (data source from Kraken). The pair could continue to move up if 
it settles above $1.50. XRP Price Faces Hurdles XRP price started a recovery 
wave above $1.380 and $1.40, like Bitcoin and Ethereum. The price gained pace 
for a clear move above the $1.450 resistance. The bulls even pumped the price 
above the $1.50 zone. A high was formed at $1.5435 and the price started a 
consolidation phase. There was a drop below the 23.6% Fib retracement level of 
the upward move from the $1.135 swing low to the $1.543 high. The price is now 
trading above $1.40 and the 100-hourly Simple Moving Average. Besides, there 
is a declining channel forming with support at $1.350 on the hourly chart of 
the XRP/USD pair. If there is a fresh upward move, the price might face 
resistance near the $1.450 level. The first major resistance is near the $1.50 
level, above which the price could rise and test $1.5450. A clear move above 
the $1.5450 resistance might send the price toward the $1.650 resistance. Any 
more gains might send the price toward the $1.720 resistance. The next major 
hurdle for the bulls might be near $1.80. Another Decline? If XRP fails to 
clear the $1.50 resistance zone, it could start a fresh decline. Initial 
support on the downside is near the $1.40 level. The next major support is 
near the $1.340 level or the 50% Fib retracement level of the upward move from 
the $1.135 swing low to the $1.543 high. If there is a downside break and a 
close below the $1.340 level, the price might continue to decline toward 
$1.30. The next major support sits near the $1.250 zone, below which the price 
could continue lower toward $1.20. Technical Indicators Hourly MACD – The MACD 
for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support 
Levels – $1.40 and $1.340. Major Resistance Levels – $1.450 and $1.50.

XRP Price Range-Bound Below $1.50, Break Or Breakdown Ahead?

Binance’s expanding role in the circulation of USD1 is drawing attention 
across the crypto industry, after new data showed the exchange controls most 
of the stablecoin’s supply. The concentration is raising questions about risk, 
influence, and transparency around politically connected…

Binance holds nearly 87% of Trump-linked USD1 stablecoin supply: Forbes

Ethereum is attempting to stabilize around the $2,000 level as the broader 
crypto market enters a critical consolidation phase following weeks of 
heightened volatility. Price action remains fragile, with buyers defending key 
psychological support while macro uncertainty, liquidity shifts, and 
persistent selling pressure continue to weigh on sentiment. Analysts note that 
the current environment resembles previous transitional periods where market 
structure weakened before a clearer directional move emerged. Related Reading: 
Bitcoin At $65K: Market Cycle Indicator Points To Possible Bottom Zone A 
recent CryptoQuant report highlights an important contrast in exchange-flow 
dynamics between Bitcoin and Ethereum. According to the data, significant 
amounts of Bitcoin have recently been deposited onto exchanges, pushing 
exchange-held BTC supply back to levels last seen around 2019. However, a 
notable portion of this supply appears to belong to investors who simply 
custody assets on exchanges rather than actively preparing to sell, making 
interpretation less straightforward. Ethereum presents a different picture. 
Despite launching in 2015 and expanding dramatically since then, the amount of 
ETH held on exchanges currently mirrors levels observed around mid-2016. This 
unusually low exchange supply suggests a tighter liquid float, potentially 
reflecting increased long-term holding, staking participation, or DeFi 
deployment, all of which could influence future price dynamics. Exchange 
Supply Tightening Signals Potential Liquidity Shift The CryptoQuant report 
provides additional context on Ethereum’s exchange supply dynamics by 
highlighting a historical comparison. In the referenced chart, the red box 
marks the current amount of ETH held on exchanges, while the blue box reflects 
a similar spot supply level last seen around mid-2016. Despite Ethereum’s 
substantial growth in adoption, liquidity, and institutional participation 
since then, exchange balances remain unusually low. However, because a 
significant portion of this ETH still belongs to investors rather than active 
traders, it remains uncertain whether such constrained exchange supply can 
persist over time. This makes ongoing monitoring of exchange inflows and 
outflows particularly relevant for assessing future price stability. The 
report also notes that Ethereum’s over-the-counter (OTC) balances have 
increased recently. Even so, this liquidity pool remains relatively modest 
compared with exchange-held supply. Limiting its ability to fully offset 
sudden demand shocks or selling waves. If exchange balances were to tighten 
further while OTC liquidity also declined, the market could face sharper price 
reactions to incremental demand changes. Such a scenario raises structural 
questions about market dynamics. Reduced immediately available supply could 
amplify volatility, intensify short squeezes, or accelerate price discovery 
phases, depending on broader macro sentiment and capital flows. Related 
Reading: Bitcoin Short-Term Holders Deep In Loss: MVRV Signals Capitulation 
Phase Ethereum Tests Critical Support as Bearish Momentum Persists Ethereum 
continues to trade under sustained pressure after losing key support levels 
and briefly testing the $2,000 zone. A psychological threshold that now 
defines the short-term battlefield between buyers and sellers. The chart shows 
a clear deterioration in market structure since late 2025, with ETH 
consistently printing lower highs while repeatedly failing to reclaim its 
major moving averages. Price currently sits below the 50-, 100-, and 
200-period averages, confirming a firmly bearish trend. The recent breakdown 
accelerated as volume expanded sharply, suggesting forced selling rather than 
orderly repositioning. This kind of volume spike often accompanies liquidation 
cascades or defensive portfolio adjustments, particularly in derivatives-heavy 
environments. Notably, the bounce from the lows remains modest, indicating 
limited immediate demand absorption. Related Reading: Bitcoin Short-Term 
Holders Deep In Loss: MVRV Signals Capitulation Phase From a technical 
standpoint, the $2,000–$2,100 region now acts as fragile support. Losing it 
decisively could expose ETH to deeper retracement levels around $1,700 or even 
the $1,500 zone. Where previous consolidation occurred. Conversely, 
stabilization above this range would be the first signal that selling pressure 
is easing. Momentum indicators favor caution. Until Ethereum reclaims key 
moving averages and establishes higher lows, the broader structure suggests 
continued consolidation with downside risk still present. Featured image from 
ChatGPT, chart from TradingView.com

Ethereum Supply on Exchanges Mirrors 2016 Levels: What Happens Next?

Backpack founder Armani Ferrante says the company’s staff and investors won’t 
get an allocation at its upcoming token launch to avoid insiders “dumping on 
retail.”

Crypto exchange Backpack to launch token with unlocks tied to IPO goal

The Ethereum co-founder sees crypto providing privacy rails, verification 
systems and economic layers to help decentralize AI and benefit society.

Cryptocurrency price in LKR