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Here’s The 411 Behind The Famous $50 XRP Candle On Gemini In 2023

While discussions about XRP’s current price action mount across the community, a crypto analyst is resisting one of the most talked-about moments in the market. This review has triggered renewed hope about the altcoin’s future performance and potential to reach audacious levels. XRP Touches The $50 Level  On Gemini CharuSan, a crypto analyst and engineer, has reignited interest in the famous $50 XRP candle that took place on the Gemini platform years ago. At the moment, the cryptocurrency space was engulfed in heated speculation due to the extraordinary price surge, with some seeing this as an indication of its true potential. To date, the notorious candle continues to be one of the most enigmatic moments in recent cryptocurrency trading history as interest in historical market anomalies increases. In his post on the social media platform X, the expert has shed light on the truth behind this move in August 2023.  Given the distance from its value at that time, there were spec...

Bitcoin Is Repeating This Midterm Pattern That Sends Price Tumbling 15% On Average

Crypto market analyst Merlijn the Trader has sounded the alarm about a recurring midterm pattern that has historically preceded major Bitcoin (BTC) price crashes. According to his analysis, this bearish signal has caused BTC’s value to drop by 15% on average. With the pattern now appearing in the current cycle, the analyst suggests that a major price correction could be on the horizon for Bitcoin.  Analyst Calls For Late-Year Bitcoin Price Bottom In an X post on May 19, Merlijn the Trader warned investors and traders that a Bitcoin bear crash could be imminent. He pointed to a key chart pattern that has appeared in every midterm year, from as early as 2018 through the current market cycle. According to the analyst, the pattern follows a distinct cyclical structure, where Bitcoin experiences a significant price decline in Q1 before recovering and rallying in Q2. Once this relief rally ends, a sharp crash occurs, marking a late-year bottom for the flagship cryptocurrency. The fir...

How Donald Trump’s Order On Dollar Payment Rails Could Be A Game-Changer For Ripple’s XRP

Ripple and XRP could be among the biggest winners of a new executive order signed by US President Donald Trump this week. The order directs federal regulators to review whether crypto companies can access the country’s dollar payment system. This move could be a game-changer for XRP, as it would determine how digital asset firms operate in the US and could establish the cryptocurrency as a bridge currency through Ripple. Trump Orders Review Of US Dollar Payment Rails For Crypto Firms On May 19, Trump signed an executive order directing the federal government to review its regulations and policies. The order looks at whether fintech and crypto firms should have greater access to the country’s dollar payment infrastructure . According to the official White House website, the heads of each federal financial regulator must review their existing laws and practices within 90 days. Trump has mandated these regulators to find rules that may be blocking fintech and crypto firms from...

XRP Has Overtaken Solana And Ethereum In This Major Metric

The Real World Asset (RWA) sector has seen remarkable growth over the past month, with the XRP, Solana (SOL), and Ethereum (ETH) ecosystems recording a significant increase in market value and adoption. However, among these three leading cryptocurrencies, XRP stands above with the highest growth rate . The cryptocurrency has surpassed ETH and SOL’s RWA expansion by a wide margin, solidifying its position as one of the fastest-growing chains in the tokenization asset space.  XRP Beats Solana And Ethereum In RWA Growth XRP has overtaken Solana and Ethereum to record the fastest RWA growth in the last 30 days. According to data from RWA.xyz, XRP Ledger’s (XRPL) total RWA value grew by approximately 55.4%, soaring to $3.9 billion after about $1.4 billion was added within that single period. As of this writing, the latest data show that the RWA value is up 57.03%.  This level of growth is striking because not only did XRP surpass two of the top altcoins, but it also outstripped Canto...

Ethereum Recent Bearish Breakdown Signals Growing Advantage For Sellers

While the Ethereum price saw a brief bounce towards the end of Wednesday, the structure remains significantly weak underneath the surface. During this highly negative period, the leading altcoin has made a crucial move by confirming a bearish breakdown, which could impact its near-term outlook. Sellers Now Dominating The Ethereum Market Ethereum , the second-largest digital asset, is showing signs of mounting weakness following the drawdown across the broader cryptocurrency market. With volatility consistently trapping the market, ETH has now made a bearish breakdown. CryptoQuant’s author and data expert PelinayPA reported this development, which appears to be shifting market control firmly toward sellers. The decline in momentum has become more concerning due to the move below important support levels, and traders are increasingly preparing for additional downward pressure. From a technical standpoint, the market structure seems to be deteriorating when looking at Ethereum...

Bitcoin Is Playing Out The ‘Fakeout Theory’ Again, Here’s What To Expect

A crypto analyst has revealed that Bitcoin (BTC) is repeating a historical “fakeout” pattern that has led to new all-time highs each four-year cycle. According to the analyst, if this theory holds, this cycle could see the BTC price crash to new lows before initiating an upside recovery. While the chart structure mirrors this past trend, the crypto expert remains skeptical about its validity, especially given how strained the current market has become .  Bitcoin Fakeout Theory Signals Major Correction A pseudonymous crypto analyst known as Bee on X has presented a compelling Bitcoin price analysis, predicting the leading cryptocurrency’s next moves based on historical trends. Looking at his accompanying chart video, the analyst showed that BTC price action from its 2017 cycle , where it formed a peak, tracks to its current levels in 2026, alongside a projected path to a new high. According to the analyst, Bitcoin is currently playing out a fakeout theory that has repeated twice ...

Why Is The Bitcoin Price Dumping Despite The Rise In Positive Sentiment?

The current Bitcoin price weakness has triggered confusion across the crypto market after a prominent analyst on X pointed to massive BTC outflows from major trading and custodial platforms. The claims surfaced at a time when overall market sentiment is still leaning bullish , creating a sharp disconnect between optimism and price action. Bitcoin Price Faces Heavy Selling Pressure The disconnect became more noticeable after the analyst shared data showing large Bitcoin outflows tied to several major crypto firms and exchange-linked wallets. The transactions involved Coinbase Prime wallets, Binance addresses, Wintermute wallets , OKX deposits, and Bybit-associated flows. According to the analyst, the combined Bitcoin movements crossed hundreds of millions of dollars within a short period, reflecting what appeared to be aggressive selling activity from large market participants while the Bitcoin price was already under pressure. The claims quickly gained traction because the tran...