XRP is already down by double digits since its recent peak, is there more pain ahead?XRP is already down by double digits since its recent peak, is there more pain ahead?

Ripple Price Warning: 2 Signals Suggest XRP’s Early 2026 Rally Is Running Out of Steam

Almost the entire cryptocurrency market began the new year with a bang, charting substantial gains in the span of just a few days, even as the political tension in the Americas unfolded.

Ripple’s native token was among the prime examples, as it skyrocketed by about 30% in less than a week from under $1.90 to a multi-month peak of $2.41. This came amid growing ETF inflows and declining token holdings on exchanges.

However, this rally was halted, and the asset has slumped by 13% since then to $2.10 as of press time. According to Ali Martinez, there could be more pain on the horizon for the XRP bulls.

He noted that the cross-border token could be printing a gravestone doji candle, warning that it’s “not a great look.” This setup is typically regarded as a bearish reversal candlestick pattern that looks like an upside-down “T.” It signals that the bulls’ push was rejected and could lead to a prolonged downtrend, especially if it follows an instant uptick, as it happened with XRP last week.

The other warning sign for XRP’s price is related to the declining whale activity. CryptoPotato reported earlier this week, right after the token’s impressive price surge, that whale-sized XRP transfers had skyrocketed by double digits to their highest levels since October.

Santiment warned that this could indicate the price movement at the time was most likely erratic and unsustainable, given the sudden rise in such transactions. More recent data shared by Martinez again shows a massive decline in this metric, which could spell further trouble for the underlying token.

The post Ripple Price Warning: 2 Signals Suggest XRP’s Early 2026 Rally Is Running Out of Steam appeared first on CryptoPotato.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

8.18 Million Solana Committed on CME as SOL Options Prepare to Go Live

8.18 Million Solana Committed on CME as SOL Options Prepare to Go Live

Solana open interest rockets 6% on CME
Share
Coinstats2025/09/18 04:05
The Shocking Zero-Tolerance Policy That’s Reshaping Crypto Security

The Shocking Zero-Tolerance Policy That’s Reshaping Crypto Security

The post The Shocking Zero-Tolerance Policy That’s Reshaping Crypto Security appeared on BitcoinEthereumNews.com. OKX Account Trading: The Shocking Zero-Tolerance
Share
BitcoinEthereumNews2026/01/12 13:27
Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative

The post Wormhole Jumps 11% on Revised Tokenomics and Reserve Initiative appeared on BitcoinEthereumNews.com. Cross-chain bridge Wormhole plans to launch a reserve funded by both on-chain and off-chain revenues. Wormhole, a cross-chain bridge connecting over 40 blockchain networks, unveiled a tokenomics overhaul on Wednesday, hinting at updated staking incentives, a strategic reserve for the W token, and a smoother unlock schedule. The price of W jumped 11% on the news to $0.096, though the token is still down 92% since its debut in April 2024. W Chart In a blog post, Wormhole said it’s planning to set up a “Wormhole Reserve” that will accumulate on-chain and off-chain revenues “to support the growth of the Wormhole ecosystem.” The protocol also said it plans to target a 4% base yield for governance stakers, replacing the current variable APY system, noting that “yield will come from a combination of the existing token supply and protocol revenues.” It’s unclear whether Wormhole will draw from the reserve to fund this target. Wormhole did not immediately respond to The Defiant’s request for comment. Wormhole emphasized that the maximum supply of 10 billion W tokens will remain the same, while large annual token unlocks will be replaced by a bi-weekly distribution beginning Oct. 3 to eliminate “moments of concentrated market pressure.” Data from CoinGecko shows there are over 4.7 billion W tokens in circulation, meaning that more than half the supply is yet to be unlocked, with portions of that supply to be released over the next 4.5 years. Source: https://thedefiant.io/news/defi/wormhole-jumps-11-on-revised-tokenomics-and-reserve-initiative
Share
BitcoinEthereumNews2025/09/18 01:31