The post XRP Price Prediction For May 28 appeared first on Coinpedia Fintech News XRP’s price is showing some positive signs, even though it’s still going through a short-term cool-off. At the time of writing, XRP is trading at $2.31 and is eyeing to break some important resistance levels. According to the latest analysis, XRP remains in a bullish trend on the daily chart because it continues to form higher lows and higher highs. This kind of price movement is usually seen as a healthy sign in the market. Meanwhile, the stock market and several other cryptocurrencies have also started to bounce back slightly, which could support XRP’s price in the short term. Adding to this, analysts have noticed the early signs of a bullish divergence on XRP’s 6-hour Relative Strength Index (RSI). This happens when the price keeps moving lower or stays flat, but the RSI slowly begins to rise, forming higher lows and higher highs. This is often a signal that the market could soon see a short-term recovery or at least a break from its recent downward trend. Key Support and Resistance Levels to Watch: However, it’s important to remember that this signal alone doesn’t guarantee a major rally. It might lead to a small upward move or some sideways price action, giving traders and investors a break from the bearish pressure seen recently. Looking at the bigger picture, XRP still holds a larger bullish trend on the daily time frame, at least for now. In terms of price levels, XRP is facing light resistance around the $2.35 mark, with more resistance expected at $2.44. The strongest resistance area is currently between $2.55 and $2.62. On the other hand, XRP has significant support between $2.10 and $2.15, along with another key support level close to $2.30.
According to a recent report from Bitcoin Magazine, at the Bitcoin 2025 conference, Hunter Horsley, the CEO of Bitwise, a prominent $12 billion crypto asset management firm, made a significant
Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and user activity, says blockchain analytics platform DappRadar. Volumes in the NFT lending market, which allows NFT holders to take out a loan against their token, have dropped 97% from a peak of around $1 billion in January 2024 to $50 million in May, DappRadar analyst Sara Gherghelas said in a May 27 report. Gherghelas said for NFT lending to “move beyond survival mode,” it needs “new catalysts” to reignite the sector, such as real-world asset NFTs, like tokenized real estate or yield-bearing assets that could unlock more stable, trusted collateral sources. “So far, 2025 has not delivered a compelling reason for NFT lending to bounce back,” she said. “While the infrastructure is still here and the platforms remain active, activity has slowed across the board.” Borrower and leading activity have taken a big hit in the NFT lending sector. Source: DappRadar “For now, the sector seems to be in a holding pattern, waiting either for market recovery or a new use case to reignite interest.” Gherghelas added that other catalysts that could rekindle NFT lending were tools that make it easier for NFT holders to borrow against their tokens, and that protocols should create “smart infrastructure” such as undercollateralized loans, credit scores and artificial intelligence risk matching. The report adds that since January last year, borrower activity has declined by 90% and those willing to lend have shrunk by 78%. The average NFT loan size has also taken a hit from a peak of $22,000 in 2022 to $4,000 in May, a 71% year-over-year drop. Gherghelas said this shift “shows that either users are borrowing against lower-value assets or simply becoming more conservative with leverage.” NFT lending overall trading volume and market activity have dropped off from the all-time highs of past years. Source: DappRadar The average loan duration is also lower ; after hitting an average of roughly 40 days in 2023, it’s been down to 31 days and has held steady throughout 2024 and into 2025. Gherghelas said this could indicate that “loans are being taken more frequently but for shorter periods, perhaps a sign of more tactical liquidity plays.” NFT market downturn also hurts lending Part of the slowdown in NFT lending is connected to the overall NFT market decline, which has seen volumes drop 61% in the first quarter to $1.5 billion compared to $4.1 billion a year ago. “With collateral value collapsing, the lending activity naturally followed,” Gherghelas said. “There are a few exceptions that managed to hold or regain traction, but they’ve been outliers, not enough to lift the sector.” Related: AI decentralized apps are coming for the Web3 throne: DappRadar The protocol landscape has also narrowed, and the number of active NFT lending apps is limited, with only eight protocols holding any meaningful share. “The flip-for-liquidity model that worked during bull markets isn’t built for a quieter, more risk-averse environment. But that doesn’t mean NFT lending is finished; it’s simply shifting focus,” Gherghelas said. “Platforms are diversifying, use cases are shifting, and collateral preferences are changing. If the next wave builds on utility, culture, and better design, NFT lending might just find its second wind — one built to last.” Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24
Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Debt $750M Funding Round The financing for Strive Asset Management and Asset Entities
In a recent address at the Bitcoin 2025 conference, Robert Mitchnick, Head of Belridge Digital Assets, emphasized the *superior growth potential* of Bitcoin compared to traditional assets like gold. Mitchnick’s
Captor Capital Corp, a publicly traded entity in Canada, has made a significant move in the cryptocurrency market by executing a $500,000 Bitcoin acquisition. This strategic investment aligns with the
As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity on major crypto exchanges suggests that institutional investors may be strengthening their BTC holdings. Most notably, Coinbase – the leading US-based crypto exchange – recorded a net outflow of 7,883 BTC, raising speculation about renewed institutional demand and a potential continuation of the rally. Coinbase Sees 7,883 Bitcoin Outflow According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Coinbase experienced a daily outflow of 8,742 BTC on May 26. After accounting for BTC deposits, the net outflow stood at 7,883 BTC – marking the third-largest single-day BTC outflow from the exchange in the past month. For the uninitiated, daily BTC outflow refers to the total amount of Bitcoin withdrawn from an exchange within a day, while net outflow is the difference between BTC withdrawn and deposited – showing the actual net movement of funds. A positive net outflow means more BTC left the exchange than entered, often signaling accumulation. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? Historically, large BTC outflows from Coinbase are often followed by institutional announcements or spot Bitcoin exchange-traded fund (ETF) inflows. Since all US-listed spot Bitcoin ETFs – except Fidelity’s – source their BTC from Coinbase, the scale of this transaction suggests potential ETF involvement or a corporate acquisition. One likely candidate is Strategy, led by Michael Saylor. The company recently disclosed a purchase of 7,390 BTC, bringing its total holdings to 576,230 BTC. Saylor has also hinted at another large acquisition, although only time will tell whether the latest Coinbase outflows are connected to the firm. Supporting this institutional narrative is the Coinbase Premium Index, which has remained consistently positive over the past month. This metric reflects stronger buying pressure from US-based investors, often linked to institutional demand. The analyst concluded: These outflows reflect sustained demand from U.S.-based institutions. If this appetite continues, it may lay the groundwork for another leg up in Bitcoin’s price. Especially when fueled by ETF inflows, such moves can lead to sharp price breaks and new highs. New BTC ATH Soon? At the time of writing, Bitcoin is trading at $109,589, just 1.9% below its all-time high. However, multiple on-chain and technical indicators suggest that BTC could soon break into uncharted territory. Related Reading: Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says CryptoQuant contributor ibrahimcosar recently noted that Bitcoin may be targeting the $112,000 mark after forming a double bottom pattern on the hourly chart. Meanwhile, the Bitcoin Spot Taker CVD (Cumulative Volume Delta) has flipped back to positive, signaling bullish momentum. Moreover, on-chain metrics show that holders are not rushing to sell, even while sitting on significant unrealized gains, suggesting belief in further price appreciation. At press time, BTC trades at $109,589, down 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
Fund is expected to go into audits, bug bounties, and enhanced developer tools.
The on-chain analytics firm Glassnode has explained how Bitcoin investor behavior tends to reflect in price trend reversals and continuations. Glassnode Highlights Key Behavioral Patterns Behind Bitcoin Moves In a new thread on X, Glassnode has shared a new way to categorize Bitcoin investors based on their on-chain spending patterns. Under this indicator, called the Supply by Investor Behavior, there are five cohorts: Conviction Buyers, First Buyers, Momentum Buyers, Loss Sellers, and Profit Takers. First Buyers, Loss Sellers, and Profit Takers are pretty self-explanatory. Conviction Buyers refer to the investors who buy despite a decline in the cryptocurrency’s price, while Momentum Buyers refer to those who buy during uptrends. Related Reading: Bitcoin SLRV Ribbons Turn Green—What Happens Next? “The metric tracks the cumulative token supply held by each cohort over time,” notes the analytics firm in the chart’s description on its website. “To focus solely on investor behavior, we exclude exchanges and smart contracts.” Here is the chart shared by Glassnode that shows the trend in the indicator over Bitcoin’s history: To showcase how the behavior of these groups has an effect on the asset’s trajectory, the analytics firm has zoomed in on the data of two cohorts: Conviction Buyers and First Buyers. First, here is the chart specifically for the Bitcoin Conviction Buyers: From the graph, it’s visible that the BTC supply held by the Conviction Buyers generally observes a spike alongside inflection points in the cryptocurrency’s price. In particular, their supply tends to reach a peak coinciding with bear market lows. These investors also step in to buy dips during uptrends, helping stabilize pullbacks. “But conviction alone isn’t enough to spark a rally – that’s where First Buyers come in,” explains Glassnode. Below is a chart that highlights the role of the First Buyers. As displayed in the chart, demand from First Buyers went up alongside Bitcoin’s recovery out of the bear market, with a particularly sharp surge coinciding with the bull rally in Q1 2024. Related Reading: XRP Sees Wave Of Inflows: 70% Of Realized Cap Now New Money The supply of the First Buyers let off during the consolidation phase that followed this rally, but demand returned in the second half of the year, helping fuel the run beyond $100,000. The Bitcoin market downturn this year again accompanied a decline in the supply of the First Buyers, this time to a much stronger degree than last year’s drawdown. New capital inflows seem to have made a sharp return once more, however, as the metric’s value has switched to rapid growth, potentially explaining the rally to the new all-time high. BTC Price At the time of writing, Bitcoin is trading around $109,800, up over 4% in the past week. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Ethereum price found support at $2,460 and started a fresh increase. ETH is now up over 5% and might attempt to clear the $2,720 resistance. Ethereum started a decent increase above the $2,550 and $2,620 levels. The price is trading near $2,580 and the 100-hourly Simple Moving Average. There is a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains if it clears the $2,720 resistance zone in the near term. Ethereum Price Rallies Over 5% Ethereum price started a fresh increase from the $2,460 support zone, beating Bitcoin . ETH price was able to recover above the $2,550 and $2,620 resistance levels. The price even surpassed the $2,650 level. However, the bears were active near the $2,720 resistance zone . The price started a downside correction and traded below the $2,700 level. Moreover, there was a move below the 23.6% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. Ethereum price is now trading near $2,580 and the 100-hourly Simple Moving Average. There is also a new connecting bullish trend line forming with support at $2,575 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,680 level. The next key resistance is near the $2,720 level. The first major resistance is near the $2,750 level. A clear move above the $2,750 resistance might send the price toward the $2,800 resistance. An upside break above the $2,800 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Downside Correction In ETH? If Ethereum fails to clear the $2,720 resistance, it could start a fresh decline. Initial support on the downside is near the $2,620 level. The first major support sits near the $2,580 zone. It is close to the 50% Fib retracement level of the upward move from the $2,463 swing low to the $2,711 high. A clear move below the $2,580 support might push the price toward the $2,520 support. Any more losses might send the price toward the $2,460 support level in the near term. The next key support sits at $2,420. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,580 Major Resistance Level – $2,720