The post Can XRP Price Hit $27? appeared first on Coinpedia Fintech News

XRP price has slipped into the green zone and is now trading above $1.40 after gaining more than 2% in the last 24 hours. 

However, on the flip side, XRP’s open interest has declined from a peak of $2.6 billion to around $900 million–$1 billion in early 2026, reflecting a clear unwind of leveraged positions. 

Amid the volatile price activity, an analyst still maintains a long-term target of $27 for XRP. Here’s why:

ChartNerd Flags Deeper Pullback Possibility

Crypto analyst ChartNerd has outlined a scenario that includes the possibility of a sharper correction. According to the analyst, XRP could revisit the $0.80–$0.70 range if current resistance continues to hold.

Rather than viewing this as a bearish breakdown, the analyst sees it as part of a larger setup. A deeper pullback, particularly toward key technical zones like the Gaussian Channel, could act as a reset before a stronger upward move.

Will XRP hit $27? 

Despite short-term weakness, ChartNerd maintains a bullish long-term outlook. The analyst reiterated earlier projections, with macro targets set at $8, $13, and even $27.

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The argument is that while price movement may deviate from earlier expectations, the broader structure remains unchanged. According to this view, only a loss of the 2020 cycle low would invalidate the long-term bullish thesis.

For now, XRP is seen as still in its early phase, with the major breakout yet to begin.

On a similar note, another analyst, EGRAG CRYPTO, maintains that XRP is still following a multi-year ascending structure, with the recent pullback acting as a normal retest after a breakout. As long as this trend holds, he projects macro targets at $8, $17, and $27, viewing them as structured long-term levels rather than short-term price moves.

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The post Algorand CTO Steps Down as Foundation Relocates to the US and Cuts Workforce by 25% appeared first on Coinpedia Fintech News

Algorand is moving through a crucial phase, with internal changes, strategy shifts, and weak market performance happening at the same time. While recent steps hint at a new direction, uncertainty still surrounds how things will play out.

Inside Shake-Up: Leadership Exit and Layoffs

As per the community update, the Algo Foundation has moved its base from Singapore to the United States. A new board is now in place, led by Bill Barr.

Alongside this, a $15 million deal with Algorand Technologies aims to bring key parts of the ecosystem under one structure, including intellectual property and protocol development. The move is meant to improve coordination, although details around roles are still not fully clear.

The changes continue internally. The Chief Technology Officer has stepped down after a short tenure, and there is no confirmation yet on a replacement.

To manage expenses, the foundation has reduced its workforce by about 25%. Despite these shifts, Staci Warden remains CEO and is overseeing this phase of change.

Price Pain: ALGO Near Rock Bottom

ALGO is currently trading near $0.086, with daily volume around $21 million. The token has fallen nearly 97% from its all-time high of $3.28 and recently touched a low close to $0.081.

Though price action shows a slight bounce, overall sentiment remains weak due to the lack of a strong driver. Some analysts note that ALGO is holding within a falling wedge pattern, which may support a move higher if buying interest increases. If a confirmed bounce occurs, the possible targets range from $0.11 up to $0.49 in the coming phases.

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Regulations make it easy….

ALGO being viewed as a commodity by the SEC carries weight from a legal standpoint. It removes certain restrictions, especially around staking, which could support more activity in DeFi on the network over time.

Community Focus on Transparency

Within the community, there is a push toward clearer structures. One update explained that creator fees were only part of an early bonding phase and have now been removed. All trades now happen through standard DEX systems, with no extra or hidden charges.

Algorand is clearly in a rebuilding phase. Structural changes may help long-term, but for now, the market is waiting for stronger signals. Stability, clearer direction, and renewed confidence will be key to turning things around.

The post Gold Price Today: Why Is Gold Falling and How Low Can It Go This Week appeared first on Coinpedia Fintech News

Gold prices took a sharp hit, slipping below $4,350 and wiping out over $1 trillion in just a few hours. Even more surprising, gold and silver together lost nearly $2 trillion in that short time, leaving investors across global markets shaken.

So, why is gold crashing right now despite ongoing geopolitical tensions?

Why Is Gold Falling Apart? 

Normally, gold rises during crises. But this time, the opposite is happening. Even with the Iran conflict escalating, gold is under pressure.

One major reason is rising bond yields. The US 10-year yield has surged to around 4.40%, climbing sharply in recent weeks. Higher yields make interest-bearing assets more attractive, reducing demand for gold.

At the same time, expectations of rate cuts from the Federal Reserve are fading. With inflation risks still present due to rising energy prices, markets now expect tighter monetary policy for longer.

Liquidity Crunch and Forced Selling

Another factor behind the crash is liquidity pressure. As oil prices surged earlier, traders needed more capital to maintain positions. This forced many to sell gold quickly to raise cash.

Market observers describe this as “mechanical selling” rather than panic. Gold, being highly liquid, is often the first asset sold during such stress.

Adding to this, stop-loss triggers and technical breakdowns accelerated the fall, pushing prices lower in a short time.

Deep Cuts Reveals

According to The Kobeissi Letter, something unusual is happening. Despite oil losing gains and stock futures turning positive, gold continued to fall.

This is unusual because such conditions typically support gold prices. The divergence suggests that a large player may be getting liquidated, creating sudden and sharp price swings.

They also point to “pockets of illiquidity” in the market, meaning there are fewer buyers at certain levels, which increases volatility and causes rapid price gaps.

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How Low Can Gold Go?

Gold has already dropped over 14% in the past month, with intraday lows near $4,350. If pressure continues, further downside is possible in the short term.

An analyst said $4,304 is an important support level that has held strongly before. If gold manages to stay above it, there’s a chance prices could move higher with some upward momentum.

However, if it breaks below $4,304, the next downside targets are seen in the $4,270 to $4,200 range.

What’s Next: Recovery or More Pressure?

The outlook remains mixed. While long-term projections from major institutions and banks like JP Morgan still point toward $6,000+ levels, short-term conditions remain fragile due to high yields and tight liquidity.

Adding another perspective, Peter Schiff argues the sell-off is irrational. He believes rising inflation should support gold, as falling real interest rates are typically bullish for the metal. He also said that rate cuts matter more for stocks, making their relatively mild decline surprising.

For now, markets remain on edge. Whether gold stabilizes or drops further will depend on how inflation, interest rates, and liquidity conditions evolve in the coming days.

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The post Is Japan About to Trigger the Biggest XRP Move Ever? Here’s What the Charts Are Saying appeared first on Coinpedia Fintech News

The crypto market is entering a transition phase where macro forces are beginning to take control of price action.  However, the market could see a short-term drop before a stronger move higher, pointing to a dip-before-rise scenario rather than a full breakdown.

Basically, the main idea is that this is not just about price. A much larger setup is forming in the background, driven by global liquidity shifts and timing that may soon align.

Decoding the Japan Clues

A major part of the theory comes from a cryptic post by David Schwartz. Members of the XRP community noticed that the visuals in his post closely match patterns seen on Japanese yen notes, especially the circular designs and wave-like elements used as security features.

Japan is 100% the trigger. And this is what it seems like the red alerts are waiting for.

This has led to growing speculation that Japan could act as a major trigger for the market, and may be what current signals are pointing toward.

The idea goes further. Since similar features appear across many global currencies, some believe the message points to a more connected financial system. In this setup, XRP could serve as a bridge asset, helping move value between different currencies rather than replacing them.

The link between Japan, wave patterns, and Ripple also adds weight to the view that Japan could play an important role in the next phase of financial change.

There is a theory behind carry trade risk 

Beyond symbolism, the analysis highlights a real macro risk tied to Japan’s financial system. For years, investors have borrowed low-interest yen and invested it in higher-yielding assets globally.

The Bank of Japan has kept rates steady near 0.75 percent, helping maintain stability. However, even a small rate hike could trigger a chain reaction. Borrowing costs would rise, forcing investors to unwind positions and repay loans.

This could lead to widespread selling across stocks, crypto, and real estate, creating a liquidity crunch. According to the analysis, this unwind is not just a theory. It may already be in its early stages.

Technically, is it Bullish?

Adding weight to the theory, charts of the Japanese yen against the US dollar are showing strong bullish divergences across multiple higher timeframes. This is rare and has not been seen at this scale in recent years.

The analyst said that similar setups in 2024 and 2025 were weaker. Now, multiple timeframes are aligning, suggesting that momentum is building beneath the surface. A sharp yen move in the coming months could accelerate the carry trade unwind and increase global market pressure.

In this scenario, XRP is being positioned as a potential beneficiary. The goal is not that it replaces the US dollar, but that it becomes a liquidity bridge used by banks for cross-border transfers.

Moreover, if institutions begin holding XRP at scale, demand could rise quickly. A major liquidity event could push financial systems toward faster and more efficient solutions, where XRP fits naturally.

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