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After days of trading sideways, technical indicators suggest XRP might be gearing up for a decisive price move, even as the general cryptocurrency market trends downward. On the weekly chart, XRP has oscillated between $2.40 and $2.90, forming a symmetrical triangle pattern , a setup that often precedes a notable breakout, according to prominent cryptocurrency analyst Ali Martinez in an X post on February 23. XRP price analysis chart. Source: TradingView/Ali_charts As per Martinez’s analysis, this formation indicates that XRP has the potential to rally by 14%. However, it is worth noting that symmetrical triangles suggest a breakout could go either way, meaning XRP can surge higher or face a temporary dip before finding support . In this context, the Ripple native token faces key resistance around $2.90, which could spark a bullish run. Support at $2.50 may provide a cushion for further consolidation. XRP hits the exhaustion zone Similarly, uncertainty regarding XRP’s next move was shared by cryptocurrency trading expert Michaël Poppe. In an X post on February 22, Poppe acknowledged that after XRP skyrocketed 500% in just four weeks, reaching $3.30, the digital currency might be showing signs of exhaustion and a possible cooldown. XRP price analysis chart. Source: TradingView Based on recent price movement and technical setup, Poppe suggested $1.50 to $2.25 as the next key accumulation zone, where long-term investors may find the best opportunities to buy the dip. After three years of low volatility, XRP’s breakout was fueled by a surge in trading volume. Poppe believes most of the upside has already been captured, and consolidation is likely before another leg up. “My best guess is that most of the upside is captured already and only the laggards are buying in at these levels. My second best guess is that we’ll consolidate before we continue to go up, which probably takes time. In that sense, you still want to be buying the dip if you’re interested in this one,” Poppe said. To recap, XRP experienced massive price growth following Donald Trump’s election, as optimism grew regarding a potentially favorable regulatory environment. Indeed, the extended consolidation of XRP below $1 was partly due to the ongoing legal case between Ripple and the Securities and Exchange Commission ( SEC ). Now, with a new administration in place, there is speculation that the SEC might dismiss the case or push for a favorable settlement. Despite the suppressed price movement, whale investors have shown confidence in XRP through continued accumulation. On-chain data from cryptocurrency analysis platform Santiment highlighted this trend. According to data from the entity shared by Martinez on February 19, large investors accumulated 150 million XRP in 48 hours. Notably, such moves have historically been followed by price breakouts. XRP whale transaction chart. Source: Santiment/Ali_charts In this context, Finbold’s artificial intelligence (AI) tool projects that XRP will likely see some upside in the short term. According to the tool, which leverages several AI models, XRP will likely gain about 7%, trading at an average price of $2.76 on March 1. Among the models, Claude 3 Opus has the highest forecast at $2.79, while ChatGPT-4o , ChatGPT-4o Mini, and DeepSeek Chat have set a target of $2.75. The generally bullish outlook is based on the asset’s technical indicators and positive momentum signals. Finbold AI XRP price prediction. Source: Finbold XRP price analysis As of press time, XRP was trading at $2.57, down about 0.7% in the last 24 hours. On the weekly chart, XRP had plunged over 7%. XRP seven-day price chart. Source: Finbold XRP remains in a consolidation phase at the current price as it hovers below the 50-day simple moving average ( SMA ) of $2.68. This suggests the asset is neither strongly bullish nor bearish. The 14-day relative strength index ( RSI ) is 50.87, indicating a neutral market stance with no immediate signs of overbought or oversold conditions. For XRP to regain bullish momentum, it needs to reclaim $2.68, which could pave the way for further upside. The 200-day SMA at $1.43 presents a key long-term support level. If the price moves lower, the $1.50 and $2.25 range could be an ideal accumulation zone for investors anticipating another rally. Featured image via Shutterstock The post Buy alert: XRP set for a major price move appeared first on Finbold .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bybit’s Record $1.5B Hack & How Best Wallet Token Is Redefining Crypto Security
The famous crypto firm and exchange, Bybit, has been hit by possibly the biggest crypto theft in history. The Dubai-based company said that hackers managed to steal $1.5B worth of digital currency. The attack, which was apparently carried out by North Korea’s Lazarus Group, was a highly sophisticated one. Perpetrators were able to intercept a transaction taking place from the exchange’s cold wallet to the warm one. They manipulated the transaction’s signing interface and quickly diverted 401,000 $ETH to an unidentified address. Ironically, the breach affected Bybit’s cold wallet, which was designed to be extra secure. Quite naturally, a cybercrime of this magnitude caused a stir in the larger crypto market. Ethereum fell by nearly 7%, whereas Bitcoin fell by 3%. Both the cryptos have, however, recovered at the time of writing. Bybit CEO Offers Assurance As news of the Bybit hack surfaced, customers flocked to withdraw their funds from the platform. The company is reportedly facing a ‘bank run’ worth $4B. Ben Zhou, the CEO of Bybit, took to X to assure users about the firm’s capability to let users withdraw funds. 12 hr from the worst hack in history. ALL withdraws have been processed. Our withdraw system is now fully back to normal pace, you can withdraw any amount and experience no delays. — Ben Zhou (@benbybit) February 22, 2025 Even though Bybit has promised users that their funds are safe and that the company is fully capable of refunding anyone affected by the hack, it doesn’t wash away its culpability, let alone the fear this has instilled in everyday crypto users like you and me. Increasing Cybersecurity Risks in Crypto According to a report from Chainalysis , a total of $2.2B was stolen from crypto platforms in 2024. This makes it the fifth year in the past decade that saw crypto losses exceed the $1B mark. It also tells us just how astronomically large Bybit’s $1.5B figure is. Not only is the amount huge, but this is Bybit we’re talking about. Cybercriminals being able to access a crypto exchange with over 60M users and $36B in daily trading volume raises serious questions about the industry’s security benchmarks. Moreover – and seasoned crypto players would know this – cybersecurity in crypto has been a long-drawn issue. For instance, $350M was stolen from crypto exchange Mt Gox in 2014, $611M from Poly Network in 2021, and $570M from Binance in 2022. Times like these remind us that any amount of innovation in DeFi or AI would be of little use if the foundation of privacy isn’t kept intact. Enter Best Wallet Token ($BEST) . Best Wallet Redefines Crypto Security Best Wallet is a non-custodial crypto wallet , meaning you get full control over your secret passkey. This eliminates the privacy scares that could’ve been possible if you had stored your funds in centralized exchanges like Bybit. Simply put, no one has access to your crypto but you. It’s also the first crypto wallet to use Fireblock’s MPC-CMP wallet technology, which involves advanced cryptographic techniques. Combined with the option to enable 2FA or use your biometrics for more seamless security, Best Wallet makes it nearly impossible for a malicious third party to gain access to your funds. Best Wallet also provides third-party crypto insurance against hacking and phishing attacks. So, in the unfortunate scenario your funds are permanently lost in a cyberattack, Best Wallet will see to it that you’re made whole. In addition to being the most secure crypto wallet out there, Best Wallet has also got other tricks up its sleeves. For instance, it allows you to directly buy top meme coins that are in presale. By getting in when the token is at its cheapest, you stand to make enormous yields. Best Wallet Token ($BEST) – The Best Altcoin to Buy In 2025 With Best Wallet allowing users to reclaim their privacy, its native cryptocurrency, $BEST , finds itself in a pole position to benefit from the wallet’s growth. Best Wallet, for instance, aims to capture 40% of the non-custodial crypto wallet market by 2026. Going by its continually inflating user base (currently at 500K+), this looks easily achievable. Also, Best Wallet Token holders will unlock special perks within the Best Wallet ecosystem. They’ll be able to carry out transactions at lower rates, for instance. What’s more, they’ll also get higher staking rewards and priority access to the best crypto presales . The $BEST presale , on the back of Best Wallet’s revolutionary security settings, is progressing at the rate of knots. It has so far raised a staggering $10M. You can get in now for just $0.0241 per token. But hurry up because prices increase in the next few hours. As always, we urge our readers to do their own research before investing their hard-earned money in crypto. The market can be pretty volatile, after all. Also, none of the above is a substitute for financial advice from a qualified professional. Finbold
Bitcoin’s Rangebound Trading and Potential Buy-in Signals Amid Bybit Hack Concerns
Bitcoin’s Rangebound Trading Amidst Recent Bybit Hack Raises Concerns Bitcoin’s (BTC) unusual trend of rangebound trading has become a focal point for traders and analysts alike, especially following the recent Finbold
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