In its recent visit to China, Canada’s Prime Minister Mike Carney reached a 
series of agreements that seek to forge a commercial alliance between the two 
countries. Canada now seeks to increase its exports to China by 50%, preparing 
to face what Carney called a new world order. Canada Completes Economic 
Agreements With China In […]

New World Order: Canada Sides With China in Economic Pivot Away From the US

While XRP retests a crucial support area, some analysts have suggested that 
the altcoin is preparing for a massive expansion in the coming months, as a 
potential trend reversal begins to form and its 2017 formula repeats. Related 
Reading: CME Group To Launch Cardano, Chainlink, Stellar Futures Amid Crypto 
Lineup Expansion – Details XRP Gears Up For Massive Expansion On Friday, XRP 
reached a 12-day low, falling to the $2.02 area before bouncing. Notably, the 
cryptocurrency has been trading within the $2.05-$2.35 area for nearly two 
weeks, moving between the mid and lower zones of this price range for most of 
this period. Amid its recent performance, Sjuul from AltCryptoGems noted that 
the altcoin “is starting to look better, especially after that bullish market 
structure break with a fresh higher high.” The analyst highlighted that the 
cryptocurrency has been consistently trending lower since August, exclusively 
printing lower lows and lower highs. However, it has broken out of this 
structure and recorded a higher high for the first time in months after the 
start-of-the-year rally, setting the stage for a potential reversal. “Now, we 
have to maintain this bullish structure at any cost and form a higher low on 
the next dip,” Sjuul warned. Meanwhile, market observer ChartNerd pointed to a 
striking similarity between XRP’s 2017 playbook and its current performance. 
In an X post, the analyst affirmed that the altcoin is repeating its 2016-2017 
formula, which led to a massive rally toward its previous all-time high (ATH). 
At the time, XRP saw a textbook multi-year symmetrical triangle formation 
breakout, followed by a multi-month ABC consolidation before its 1,500% mark- 
up. This time, the cryptocurrency has repeated a similar symmetrical triangle 
pattern breakout, and it is currently in Wave C of its ABC consolidation 
period. To the analyst, a deeper Wave C retracement is possible if the multi- 
month $1.80 support is lost. Nonetheless, he added that “cycle formula 
repetition signals XRP is gearing up for expansion towards $8/$13/$27,” which 
would be a 300%-1,250% increase from the current levels. Q1 Close To Define 
XRP’s Future Despite his bullish forecast, ChartNerd also shared an important 
warning for the next two months. According to the analyst, “XRP has just over 
2 months to invalidate this 3M bearish Heikin-Ashi candle formation,” or it 
will risk a massive correction. In a video analysis, he explained that, in the 
past, whenever the altcoin saw massive rallies followed by a red bearish 
candle on the three-month timeframe, it would “normally indicate the start of 
a downtrend or a macro consolidation period.” In 2014, XRP saw a bearish 
candle print in the three-month timeframe after a remarkable pump, which was 
followed by a correction and consolidation “for quite a couple of years,” he 
explained. “The same happened again in 2018. We had this massive rally for 
XRP, and as soon as we printed a three-month bearish candle in the Heikin-Ashi 
Candle formation, (…) we entered into the bear market,” ChartNerd continued. 
Related Reading: Analyst Says It’s Time For Ethereum’s ‘Big Test’ – Is ETH 
Season Loading? Similarly, the cryptocurrency repeated the same performance in 
2021. Now, XRP is starting to form a red candle in this timeframe and has 
approximately 2 months and 16 days to close the quarter on a positive note. 
“We have until March before this candle closes. (…) So, what we don’t want to 
see is this full-bodied three-month Heikin-Ashi Candle, because if we see it, 
this is where we are likely to see a deeper correction for the next six to 
nine and even 12 months,” the analyst concluded. As of this writing, XRP is 
trading at $2.05, a 1.7% decline in the weekly timeframe. Featured Image from 
Unsplash.com, Chart from TradingView.com

XRP To Repeat Its 2017 Playbook? Analyst Forecasts 1,250% Expansion

Coinbase withdrew support for the CLARITY Act, warning the draft would 
restrict DeFi, ban tokenized equities and eliminate stablecoin rewards.

White House threatens to pull support for crypto bill after Coinbase standoff: Report

ETH price cooled down from its recent rally as US macroeconomic factors, 
reduced DApps activity and falling fees impact traders’ use of Ether 
derivatives.

ETH price hits $3.4K, but pro traders are not bullish yet: Here’s why

On-chain data shows Bitcoin short-term holders have transferred a large amount 
of tokens to exchanges alongside the asset&#8217;s recovery rally. Bitcoin Short- 
Term Holders Have Made Profit Transactions To Exchanges In a new post on X, 
CryptoQuant community analyst Maartunn has talked about the latest trend in 
the exchange deposit transactions of Bitcoin short-term holders (STHs). 
Related Reading: XRP In A ‘Super Cycle’? SuperTrend Suggests Another Story 
STHs include the BTC investors who purchased their coins within the past 155 
days. They make up for one of the two main sides of the network divided on the 
basis of holding time, with the other side being known as long-term holders 
(LTHs). Historically, the STH cohort has proven to represent the weak hands of 
the market, who easily react to market volatility. In contrast, LTHs include 
the diamond hands of the sector. Bitcoin has witnessed a recovery rally 
recently, so, considering the track record of STHs, some selling from them is 
likely to have occurred. One way to track distribution from the group is 
through its exchange inflow data. Below is the chart shared by Maartunn that 
shows the exchange deposit transactions that Bitcoin STHs have made over the 
last couple of months. In the graph, the STH exchange inflows are shown 
separately for profit and loss transactions, based on whether holders held an 
unrealized gain or loss before sending the tokens to exchanges. From the 
chart, it&#8217;s apparent that the 24-hour sum of the STH exchange deposit 
transactions in profit has shot up as the cryptocurrency has gone through its 
rally, reaching a high of 41,800 BTC. Meanwhile, loss exchange inflows have 
shrunken, falling to a low of 1,800 BTC. Thus, it would appear that selling 
focus from STHs has largely shifted to profit-taking. Though, while some STHs 
may be harvesting profits, the cohort has a whole is still in a state of net 
unrealized loss as Bitcoin is trading below the STH Realized Profit, as 
highlighted by the analyst in another X post. The &#8220;Realized Price&#8221; is an on- 
chain metric that measures the average cost basis of Bitcoin investors or 
addresses as a whole. The STH version specifically tracks the break-even level 
of the supply purchased within the past 155 days. Related Reading: Bitcoin 
Rally Accompanied By ‘Very Bullish’ Whale-Retail Behavior, Santiment Says As 
displayed in the above chart, the Bitcoin spot price plummeted under the STH 
Realized Price during the drawdown of Q4 2025. Since then, it has remained 
under the line, although the latest rally has brought it close. Currently, the 
indicator&#8217;s value is situated at $99,412. BTC Price Bitcoin has gone down 
since its high above $97,000 earlier in the week as its price is now trading 
around $94,600. Featured image from Dall-E, chart from TradingView.com

Cryptocurrency price in USD