Toncoin is at a critical juncture as it tests the $1 range, a key level that 
has anchored its trading for weeks. How it reacts here could determine whether 
the range holds or breaks, setting the stage for either a bullish flip or an 
accelerated drop. With strong fundamentals in play but the chart still in 
control, traders are watching closely for the decisive signal. Range Flip Or 
Breakdown: What BTC Pair Tells Us About Toncoin Charting the TON/BTC and 
TON/USDT daily pairs, analyst Umair Crypto points out that Toncoin is at a 
critical juncture. On the BTC pair, the RSI has broken above its trendline, 
signaling early bullish momentum. However, the 200 SMA on this pair remains 
the key level to watch, as it will determine whether the $1 support on the 
USDT pair holds or if the range flips higher. Related Reading: Toncoin, Quant 
Seeing Whale Activity Explosion, Big Move Ahead? The BTC pair has been 
consolidating within a range for 166 days, and the recent RSI trendline 
breakout above 50 hints that bullish pressure is building. Meanwhile, on the 
USDT pair, price is attempting to recover the 50 SMA, showing early signs of 
strength, though confirmation is still needed. From here, two scenarios are 
possible. If the BTC pair closes convincingly above the 200 SMA, it would 
likely trigger a range flip on Toncoin’s USDT pair to the upside. Conversely, 
if the BTC pair gets rejected at the 200 SMA, the range may break down, 
putting Toncoin at risk of forming a lower low below $1. Such a breakdown 
would shift the market structure into bearish territory and could accelerate 
selling pressure, making $1 a crucial level to watch. $1 Support: More Than 
Just A Psychological Level The analyst stressed that the $1 level is far more 
than a psychological benchmark; it is a critical structural support that 
anchors the entire TON/USDT range. If this level fails, the decline could 
accelerate sharply, making it a key inflection point for traders and investors 
alike. Holding above $1 is essential to maintain the current range and prevent 
a potential breakdown that could trigger further selling pressure. Even with 
strong fundamental catalysts, the market has remained largely unresponsive. 
AlphaTON Capital Corp recently launched a $100 million treasury strategy, 
while TON Wallet officially expanded into the US market, both moves signaling 
growing institutional adoption. Related Reading: Lucky Train Launches TON- 
Based Web3 Project With Staking-Like Participation Model At this critical 
juncture, the BTC pair’s 200 SMA is shaping up as the ultimate deciding 
factor. A decisive close above this level could reinforce $1 as strong support 
and pave the way for a bullish range flip. Conversely, rejection at the 200 
SMA could tip the market into bearish territory, signaling that structural 
weakness now overrides fundamental optimism. Featured image from Adobe Stock, 
chart from Tradingview.com

Toncoin Faces Crucial At The $1 Range, Will It Hold Or Break?

Gamestop disclosed in its fiscal 2025 annual report that it pledged 4,709 of 
its 4,710 bitcoin holdings as collateral with Coinbase Credit to run a 
covered-call options strategy, confirming the company held its position rather 
than selling. Gamestop Fiscal 2025 Annual Report The Form 10-K, filed with the 
SEC on March 24, 2026, covers the […]

Gamestop Bitcoin Strategy: Company Used BTC Holdings for Covered Calls, SEC Filing Shows

Morgan Stanley’s proposed spot bitcoin exchange-traded fund (ETF), ticker 
MSBT, has received an NYSE Arca listing notice, a step that often comes just 
before launch. If it goes live, the fund could intensify fee pressure on 
Blackrock and Fidelity while opening a powerful new distribution channel for 
bitcoin exposure. MSBT Listing Signals New Bitcoin ETF […]

Morgan Stanley’s Bitcoin ETF Nears Launch on NYSE

A market analyst has released a new XRP price analysis, using the Bitcoin 
(BTC) chart and price action as the basis for her outlook. The analyst’s near- 
term outlook for XRP is bearish, with ongoing market volatility and shifting 
sentiment posing challenges. While she highlights potential downside targets, 
the analyst also applies Elliott Wave theory to pinpoint resistance levels, 
indicating areas where XRP could decline to. Market analyst Tara has shared 
her plan for XRP, drawing on patterns she observed on the Bitcoin chart. In 
her post on X, Tara outlined a clear roadmap for traders, warning that the 
current bounce seen in the XRP price could be a deceptive move and that 
significant downside risk remains ahead. The analyst identified a complete 
five-wave Elliott Wave decline on the one-hour XRP chart, noting that price 
finished its Wave 5 sell-off near the $1.362 support zone, a level visible on 
the chart as a strong horizontal floor. XRP Price Forecast Based On The 
Bitcoin Chart From that bottom, XRP has continued its corrective move upward, 
which Tara labeled as an ABC correction. This pattern consists of a Wave A 
rally, a Wave B dip, and a projected Wave C push, which she expects to carry 
the price higher in the short term. Related Reading: XRP Price Will Not Move 
The Way People Think, Here’s A Better Pattern The analyst explained that, like 
Bitcoin, XRP is currently awaiting a Wave 2 or Wave 5 retracement. She said 
the move is targeting the 0.618 resistance level at $1.51, which also lines up 
with a 1:1 measured move. Moreover, she clearly stated that this upward move 
carries a bearish label and should not be misconstrued as a sign of bullish 
strength returning to the market. Tara further warned that the move could trap 
many bulls. She noted that many traders may mistake the short-term rally for a 
genuine breakout, only to be caught off guard when the next wave begins. The 
analyst also noted that, based on her readings of the Elliott Wave structure, 
traders should already be thinking about what wave could come next once this 
retrace completes near the $1.51 resistance zone visible on the chart. Looking 
further ahead, Tara pointed to Wave 3 as the next major move to watch. She 
noted that Wave 3 carries downside targets as low as a Double Bottom at $1.12. 
The analyst added that the $0.87 macro support level on the price chart also 
remains a likely and valid target, representing a much deeper pullback from 
current price levels. Update On The XRP Price Action The XRP price is 
currently sitting at $1.37 after an unsuccessful attempt to break and sustain 
levels above the $1.40 resistance level. According to CMC data, XRP’s price 
performance has been largely bearish over the past two weeks, dropping by more 
than 6% in the last seven days and over 3% in the past 24 hours. Related 
Reading: XRP Still Stuck In Bear Market Cycle With Threats Of A Price Crash To 
$1.13 The recent downturn has been driven by a lack of strong bullish 
catalysts in a market marked by high volatility and ongoing geopolitical 
tensions. XRP’s persistent bearish technical structure and negative sentiment 
have also weighed significantly on its price momentum. Featured image from 
Getty Images, chart from Tradingview.com

Analyst Reveals The Plan For XRP Price Using The Bitcoin Chart

Representative Stephen Lynch voiced concerns about the direction of the SEC 
under Donald Trump, citing dropped investigations and enforcement actions on 
crypto companies.

Cryptocurrency price in MYR