XRP has been struggling to find firm ground as it continues to trade in a bearish trend. Over the past week, the price dropped below a crucial support zone between $2.50 and $2.10, triggering a sharp fall toward the $1.95 to $1.92 range.
As predicted earlier, XRP did find temporary support around $1.92, bouncing slightly from that level. However, if the price breaks below $1.90 on a daily closing basis, it could trigger a further decline towards $1.80 to $1.79, which is considered the next key support zone.
For now, resistance for XRP stands between $2.16 and $2.60. A decisive breakout above $2.16 would be the first sign that the downtrend might be easing. Until then, the overall market structure remains bearish on the daily chart, with small bounces likely but no confirmed trend reversal yet.
If XRP falls below $1.79, it could enter a risky zone where lower levels like $1.56 and even $1.21 might come into play. On the other hand, a break above resistance with a strong five-wave pattern could hint at a bullish recovery starting earlier than expected.
Expert Says ‘Nothing Is Confirmed Yet’
Analyst Casi Trades has warned that XRP is once again approaching a key support level at $1.90. Casi explained that this kind of “bounce-then-final-dip” move is common before a proper bottom forms. While nothing is confirmed yet, XRP remains in a wider trading range between $2.13 and $1.55.
“This week is already full of tension in world events and in the charts. Eyes on this next test. If the reaction is strong, this may be the last low we get before wave 3 ignites,” the analyst said.
According to a blockchain tracking platform by a Ripple whale, 230,770,000 XRP, valued at approximately $414 million, was transferred from one unknown wallet to another. This massive transaction has raised questions about the potential market implications for the XRP price. As the market waits for any signs of significant changes, analysts are predicting a potential XRP price correction to continue.
Ripple Whale Moves Spark Concerns for XRP Price
According to Whale Alert, a Ripple whale completed a large transaction of over 230,770,000 XRP equivalent to $414 million. This huge whale transaction emerges in the wake of other recent Ripple whale transactions, such as 200M XRP moved to Binance by an unknown entity. Another huge transaction involved a $572 million worth of XRP move amid ODL sales speculations.
Market participants consider whales to be market movers, and big buy or sell orders can sometimes give early signs of a change in the market. Along with the whale move, the market has been observing ongoing developments surrounding Ripple, including its legal battles and partnerships.
However, while there is positive news for Ripple, such as the launch of XRP ETF in the US or the acquisition of Hidden Road, the market has not positively influenced the XRP price. The pressure on XRP’s price remained, and analysts expect more correction before a recovery.
Analysts Predict XRP Price Correction
As the large XRP transfer captures the market’s attention, crypto analysts have been concerned with the potential price trends for XRP. One technical analyst has pointed out a major support area for the XRP price, which stands at $1.81. If the price of XRP fails to hold above this level, it could lead to a breakdown to the lower level of $1.55.
The analyst, Casitrades pointed to a technical pattern forming in the market, which suggests a “Wave 3” downtrend could be underway. According to her analysis, using the Elliott Wave theory $1.71 will be the next critical level to watch for a temporary pause before the price potentially drops further.
This XRP correction aligns with a prior forecast given by the same analyst regarding a pullback to the golden retracement level of $1.55. This level is typically considered a solid support level when analyzing technical charts. If tested, this level should confirm the conclusion of the Wave 2 correction, as it will likely cause the price of XRP to bounce back up.
Concurrently, Dark Defender stated that market conditions have caused XRP oversold position in both the 4-hour and daily charts. According to Dark Defender, XRP is showing signs of a potential price recovery, with a strong Wave C pattern forming towards a new all-time high at $4.
The $TRUMP memecoin has been making waves in the crypto world, especially following a recent announcement by President Trump that the top holders would be invited to a Gala Dinner.
As per data from analytics firm Nansen, as of April 2025, TRUMP coin witnessed over $869 million in outflows from the top 500 wallets. Only $96 million in inflows were recorded over the week.
This comes at a time when Trump has announced a Gala Dinner for the top 220 TRUMP holders at his Washington, DC golf club. Analytics firm Nansen reports that the top 100 wallets bought around 940,000 more tokens within an hour of the announcement.
The outflows suggest that some large holders might have opted to cash out instead of following the crowd. Nansen noted that more people sold the tokens than bought them. A few new buyers jumped in with some aiming to profit from the price swings, while others were simply hoping to secure a dinner invite.
One whale sold 407,467 TRUMP for $5.73M, making $731K in just 30 minutes. Another spent $5M to buy 407,467 TRUMP at $12.27. A liquidity provider pulled $2.76M in TRUMP and SOL, pushing their wallets into the top 220 holders. Additionally, a wallet withdrew 1.5M USDC to buy 123,228 TRUMP, likely to secure a dinner invite.
A longtime $TRUMP liquidity provider removed liquidity from 2 wallets 2 hours ago, receiving 211,977 $TRUMP($2.76M) and 18,376 $SOL($2.76M).
Now, both wallets are in the top 220 holders — giving them a shot at scoring 2 invites to the $TRUMP dinner.
As of April 2025, Tron founder Justin Sun reportedly topped Trump’s memecoin leaderboard, owning 1,176,803 TRUMP coins worth over $14 million. The wallet, under the name “Sun,” has sparked speculation that it could be Justin Sun’s, who has also invested $30 million to World Liberty Financial, a firm backed by Trump.
Arkham Intelligence in a recent X post shared that one of the biggest holders of TRUMP, ‘Boop’, spent $300K worth of FARTCOIN to buy more TRUMP and stay in the top 25 holders for Trump’s dinner. He earlier made $1.75M from a $107K TRUMP investment.
One of the top TRUMP holders, ‘boop’, just swapped $300K of FARTCOIN into TRUMP, so that he doesn’t fall out of the top 25 attendees for the Trump Dinner.
Top holders for the TRUMP Dinner will be calculated based upon time-weighted holdings of TRUMP.
Other tokenholders included usernames like “Elon” and “Doge,” raising questions about whether Musk was involved. With the team behind TRUMP controlling 80% of the total supply, critics claim that Trump or someone in his family could still pull a rug-pull on investors.
Launched in January before Trump’s presidency, the memecoin has faced criticism from several lawmakers and crypto leaders over potential conflicts of interest.
Trump coin surged 73% over the Dinner announcement, rising to $15.47. At the same time, the scheduled release of 40 million tokens was delayed by 90 days. TRUMP remains 83% below its ATH of $75.35.
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The $TRUMP memecoin has been making waves in the crypto world, especially following a recent announcement by President Trump that the top holders would be invited to a Gala Dinner. As per data from analytics firm Nansen, as of April 2025, TRUMP coin witnessed over $869 million in outflows from the top 500 wallets. Only …
Believe (LAUNCHCOIN) is up 15% in the last 24 hours, extending its impressive run after soaring more than 17,000% over the past month. The rally comes despite broader signs of cooling momentum on the Believe platform, which has seen a sharp drop in token launches and user activity.
LAUNCHCOIN’s EMA lines now point to consolidation, signaling a pause as traders assess the next move. With key support and resistance levels in play, LAUNCHCOIN’s performance may serve as a critical indicator of whether Believe can reclaim relevance in the competitive Solana launchpad space.
Token Launchpad Race: Believe Surges, Then Slows
Believe App experienced a major spike in activity between May 13 and May 15, with over 4,000 tokens launched daily through its social-media-driven platform.
This rapid growth briefly made Believe one of the most active token launchpads in the Solana ecosystem, highlighting its viral appeal and ease of use.
However, that momentum has tapered off significantly—new token launches dropped to just 268 by May 25 following the platform’s decision to suspend launches via Twitter and pivot toward an API-based model.
Daily Tokens Launched per Launchpad. Source: Dune.
The drop-off suggests that much of the platform’s initial traction may have been fueled by short-term hype rather than sustained user engagement.
Meanwhile, Pump.fun remains the clear market leader, consistently supporting between 20,000 and 30,000 token launches per day—an order of magnitude higher than its closest challengers.
Daily Active Addresses per Launchpad. Source: Dune.
Even as Believe peaked at 134,000 daily active addresses on May 15, Pump.fun held strong with 136,519 active users as recently as May 25, indicating deeper and more durable user involvement. The contrast between the two platforms reflects the challenge of turning viral momentum into long-term traction.
Without continuous user stickiness or unique utility, Believe may struggle to maintain relevance in a space dominated by Pump.fun’s scale and consistency.
Believe Tokens Lose Steam as Competitors Take the Lead
Believe-launched tokens are losing momentum, with few gaining notable traction in recent days. Over the last 24 hours, 4 of the top 5 performing tokens across major Solana launchpads came from Pump.fun, while the fifth came from LetsBonk.
This shift shows a clear reversal in platform dominance compared to earlier weeks, when Believe tokens regularly topped performance charts.
Top Tokens In Last 24 Hours and Last 7 Days. Source: Dune.
The decline in breakout tokens from Believe suggests that the platform’s initial surge may have been driven more by speculative buzz than lasting product-market fit.
A few weeks ago, Believe dominated launchpad success metrics, but the absence of top tokens recently may reflect waning user interest or a drop in token quality.
As other platforms like Pump.fun and LetsBonk continue to produce high-performing tokens, Believe risks fading from relevance unless it can re-engage its user base or differentiate its offering.
