Render rose 13.16% to $2.25 as active wallets hit a 12-week high, while 
derivatives volume jumped 126.52% and open interest rose on May 26.

Render rose 13.16% to $2.25 as active wallets hit a 12-week high, while derivatives volume jumped 126.52% and open interest rose on May 26.

Render breaks above $2.25 as active wallets hit 12-week high

XRP price started a downside correction from the $1.3740 zone. The price is 
now consolidating and might aim for another increase if it stays above the 
$1.320 zone. XRP price started a downside correction after it failed to stay 
above the $1.3620 zone. The price is now trading below $1.3580 and the 
100-hourly Simple Moving Average. There is a bearish trend line forming with 
resistance at $1.360 on the hourly chart of the XRP/USD pair (data source from 
Kraken). The pair could start a fresh increase if it settles above $1.3620. 
XRP Price Holds Support XRP price struggled to stay above $1.3720 and started 
a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3620 
and $1.3600 levels. The price declined below $1.3550 and even spiked below the 
50% Fib retracement level of the upward move from the $1.30 swing low to the 
$1.3740 high. Besides, there is a bearish trend line forming with resistance 
at $1.360 on the hourly chart of the XRP/USD pair. The price is now trading 
below $1.3520 and the 100-hourly Simple Moving Average. If there is a fresh 
upward move, the price might face resistance near the $1.350 level. The first 
major resistance is near the $1.3560 level, above which the price could rise 
and test $1.360. A clear move above the $1.360 resistance might send the price 
toward the $1.3720 resistance. Any more gains might send the price toward the 
$1.3750 resistance. The next major hurdle for the bulls might be near $1.380. 
Downside Extension? If XRP fails to clear the $1.360 resistance zone, it could 
start a fresh decline. Initial support on the downside is near the $1.330 
level. The next major support is near the $1.3280 level and the 61.8% Fib 
retracement level of the upward move from the $1.30 swing low to the $1.3740 
high. If there is a downside break and a close below the $1.3280 level, the 
price might continue to decline toward $1.3175. The next major support sits 
near the $1.3120 zone, below which the price could continue lower toward 
$1.3050. Any more losses might call for a test of $1.30. 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 – $1.3280 and $1.3120. Major Resistance Levels – 
$1.3550 and $1.3750.

XRP price started a downside correction from the $1.3740 zone. The price is now consolidating and might aim for another increase if it stays above the $1.320 zone. XRP price started a downside correction after it failed to stay above the $1.3620 zone. The price is now trading below $1.3580 and the 100-hourly Simple Moving &#8230;

XRP Price Weakness Builds, Traders Brace For Fresh Selloff

Exchange OS could democratize crypto market creation, potentially increasing 
market diversity and accessibility while challenging traditional exchanges.
The post X Layer launches Exchange OS for custom crypto market creation 
appeared first on Crypto Briefing.

Exchange OS could democratize crypto market creation, potentially increasing market diversity and accessibility while challenging traditional exchanges. The post X Layer launches Exchange OS for custom crypto market creation appeared first on Crypto Briefing.

X Layer launches Exchange OS for custom crypto market creation

The ECB&#8217;s potential policy tightening amid recurring supply shocks could 
strain growth, risk central bank independence, and impact crypto markets.
The post European Central Bank&#8217;s Schnabel warns of greater growth impact from 
economic shock appeared first on Crypto Briefing.

The ECB&#8217;s potential policy tightening amid recurring supply shocks could strain growth, risk central bank independence, and impact crypto markets. The post European Central Bank&#8217;s Schnabel warns of greater growth impact from economic shock appeared first on Crypto Briefing.

European Central Bank’s Schnabel warns of greater growth impact from economic shock

Ondo Finance says its founder, Nathan Allman, died unexpectedly, with company 
president Ian De Bode to serve as CEO.

Ondo Finance says its founder, Nathan Allman, died unexpectedly, with company president Ian De Bode to serve as CEO.

Ondo Finance founder Nathan Allman dies aged 32

Bitcoin’s recent drop below key support may have been more than just a bearish 
breakdown. As price quickly recovers important levels and market structure 
remains intact on higher timeframes, the move could have been a classic 
fakeout designed to shake out weak hands before the next major rally begins. 
Bitcoin Fakeout Below Key Support May Have Trapped Weak Hands According to 
Cryptic Trades, Bitcoin&#8217;s recent price action involved a brief deviation below 
a critical high-timeframe support range, a move that aligns closely with the 
bottoming structure established in April 2025. This technical breach appears 
to be a calculated market maneuver, functioning primarily as a fakeout 
intended to flush out overleveraged positions, not long-term investors. 
Related Reading: Bitcoin Struggles Below Resistance While Fibonacci Support 
Comes Into Focus These recurring liquidity sweeps serve a specific purpose: 
they are designed to trigger long-side stop-losses before a more structural 
reversal can take hold. As market conditions evolve over the coming days, the 
analyst is monitoring one final key Point of Interest (POI) before 
systematically scaling out of active hedges. Despite the successful recovery 
and subsequent reclaim of the high-timeframe support zone, the asset has yet 
to overcome the 1D Bull Market Support Band situated near the $78,500 level. 
Historically, this band has functioned as a robust reversal zone over the past 
several months, making it the primary technical hurdle that bulls must clear 
to demonstrate genuine strength. Should the price reclaim the $78,500 
threshold, the outlook would shift to a full bullish bias on the lower 
timeframes, confirming the recent dip as a mere tactical fakeout rather than a 
deeper correction. For now, the analyst maintains a cautiously bullish stance, 
awaiting a more durable continuation to the upside. Bitcoin Buy Signal Remains 
Active Despite Market Volatility Lourenço VS reflected on the performance of a 
trading strategy, noting that a custom indicator has remained steady since 
triggering a buy signal. The expert designed this tool specifically to avoid 
getting trapped by the choppiness of false signals. As the system patiently 
navigates through these minor fluctuations, Lourenço is maintaining a position 
with confidence. Related Reading: Bitcoin Recovery Above Key Cost Basis Level 
Fails As BTC Falls Under $77,000 Another weekly candle has successfully closed 
above the mid-Bollinger line. Market skeptics continue to draw parallels 
between current conditions and the spring and summer of 2022, but the 
comparison is fundamentally flawed because it never occurred during that 
period. Even with recent price pullbacks and inevitable volatility, the market 
continues to post consistent 3-day candle closes above the crucial bull market 
support band. This ongoing resilience at such a key technical level serves as 
a strong indicator that the fundamental trend remains firmly tilted to the 
upside. While the skeptics refuse to acknowledge the incoming momentum, the 
market seems to be coiling up for its next significant move. Featured image 
from Getty Images, chart from Tradingview.com

Bitcoin’s recent drop below key support may have been more than just a bearish breakdown. As price quickly recovers important levels and market structure remains intact on higher timeframes, the move could have been a classic fakeout designed to shake out weak hands before the next major rally begins. Bitcoin Fakeout Below Key Support May &#8230;

Render breaks above $2.25 as active wallets hit 12-week high

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