Coindesk

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.A measure of XRP's XRP price volatility has crashed to the lowest level since President Donald Trump's victory in the U.S. elections in November. Still, it's not yet at the level which has historically presaged strong directional trends.XRP's 30-day annualized realized volatility, a measure of how volatile prices have been over the past four weeks, recently dropped to 44%, the lowest since early November, according to data source TradingView. The decline marks a sharp slide from highs above 150% registered in December and March.The volatility meltdown follows boring price action in the XRP market. This despite the debut of XRP futures on the CME, several issuers...

Accusations of governance manipulation and insider trading have rocked Across Protocol’s ACX token on Friday after well-followed X users alleged that core contributors front-ran a Binance listing and still control the supposedly decentralized DAO.However, the team swiftly denied any such claims.Across Protocol’s token, ACX, is down 10% amid the drama. The allegations, whether substantiated or not, appear to have shaken trader confidence, with ACX seeing a spike in trading volume alongside the price drop, suggesting market participants are reacting swiftly.Across co-founder Hart Lambur has called the accusations “categorically untrue” and denied all misdoings.“Risk Labs was granted ACX tokens from the DAO to build the Across protocol,” he wrote in a Friday post. “This is standard practice for DAOs! Since the...

XRP faced sharp downside pressure over the last 24 hours, falling 5.3% despite large-scale whale activity and easing geopolitical tensions. The asset dipped from $2.21 to a session low of $2.08 before a modest recovery to $2.10. While the broader crypto market attempted to stabilize following ceasefire agreements in the Middle East, XRP’s momentum remained fragile, with technical resistance building at $2.17.News BackgroundMarket sentiment improved slightly after former U.S. President Donald Trump reportedly helped broker a ceasefire between Iran and Israel, calming some investor fears. Despite that, XRP struggled to hold recent gains as traders reacted to large on-chain movements. Ripple transferred $439 million worth of XRP to an unknown wallet, and other whale wallets moved another $58 million to...

Dogecoin is showing early signs of recovery after a steep decline triggered by profit-taking among market participants.The asset dropped nearly 6% over 24 hours but found significant buying interest at $0.158, establishing a short-term support zone as markets digested geopolitical headlines and economic uncertainty.News BackgroundGlobal markets remain on edge as tensions between major economies and shifting monetary policy outlooks drive volatility. While ceasefire agreements in the Middle East have slightly eased investor anxiety, crypto assets — particularly memecoins — remain highly sensitive to sentiment swings. DOGE’s sharp pullback follows a broader risk-off tone in digital assets, but late-session accumulation suggests some traders view the dip as a buying opportunity.DOGE’s partial rebound coincides with renewed social buzz and short-term technical setups...

Bitcoin's BTC double top prospects above $100,000 warrant caution, but a full-blown 2022-style crash looks unlikely unless an unexpected black swan hits, according to digital asset banking group Sygnum's Head of Investment Research Katalin Tischhauser."The crypto market is strongly sentiment-driven as fundamental valuations are challenging; therefore, technical analysis signals such as the double top warrant caution. That said, a full-blown crash needs a catalyst like the Terra collapse of 2022 or the FTX blowup. Barring a similar black swan, we could see a prolonged bull cycle, based on the current political and regulatory support and sticky institutional capital flowing in," Tischhauser told CoinDesk in an interview.Bitcoin has spent 50 days mainly trading back and forth between $110,000 and $100,000, signaling...