JoelKatz Enters $FUZZY Liquidity Pool While Analyst Calls Chart ‘Primed’ for Breakout

Ripple CTO JoelKatz joins the $FUZZY/XRP AMM pool on XRPL as trader Michael_rr1 calls the chart structure primed for the next leg up.

The deposit came quietly. No press release, no announcement thread. Ripple CTO David Schwartz, posting as @JoelKatz on X, said he took a portion of his FUZZY holdings alongside some XRP and put both into the XRP/FUZZY Automated Market Maker pool on the XRP Ledger. A two-sided deposit. The kind that adds liquidity to a trading pair and positions the depositor to collect fees on every swap that moves through it.

Source: JoelKatz

“I took some of my FUZZY and some of my XRP to do a two-sided deposit into the XRP/FUZZY AMM,” JoelKatz wrote. He was direct about the mechanic. This adds liquidity to FUZZY and could let him profit from both volatility and swaps between FUZZY and XRP.

He Put Capital Where the Community Was Watching

This is not the first time Schwartz has engaged with $FUZZY. Earlier this week he added a trust line for the token, a technical action that sent the community into a frenzy before he had spent a single token. The trust line was a promise. The AMM deposit was the follow-through.

Setting up a trust line means a wallet opts in to hold a specific asset. Entering the AMM means the wallet is now actively deployed in the market. Different weight.

On the FUZZY/XRP daily chart via DEX Screener, the structure has been building for months. The token sold off from early 2024 highs and ground through a descending structure. A purple horizontal support zone, visible across multiple timeframes, held through repeated tests across mid-2025.

The Chart Traders Are Reading Right Now

Since early 2026, price broke above the descending trendline to the upside. The current FUZZY/XRP pair sits at 0.00000953. Volume on the recent breakout candles reads noticeably higher than anything seen during the long consolidation band of 2025.

RSI on the daily has climbed out of oversold territory. Sits in mid-range now, not overextended.

Trader Michael_rr1, on X, called the structure without hesitation: “How can you be bearish on the $fuzzy chart, technicals still holding very strong both in usd and xrp. Next leg up loading and we aren’t even in a bull market yet. Purple box is in the past, the train has left the station, retests complete, there is no excuse for not accumulating from here on.”

Source: Michael_rr1 

The descending wedge broke upward. The XRP Ledger’s DEX infrastructure now runs deeper tooling than it did a year ago. Liquidity pool data, impermanent loss tracking, AMM analytics. The environment that $FUZZY is trading in is not the same one it sold off from.

RSI building with no sign of divergence on the current leg. That part Michael_rr1 left unsaid. The chart said it anyway.

Disclaimer: This article is based purely on technical analysis and publicly available on-chain activity. It does not constitute financial or investment advice.

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