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XRP Price Retraces After Failing To Clear $2.7, More Losses Ahead?

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XRP attempt to break past the $2.7 resistance level has been met with strong selling pressure, forcing the price into a fresh decline. Its failure to sustain bullish momentum has shifted market sentiment, with bears seizing control and pushing the altcoin lower. As a result, traders are now eyeing key support levels to gauge the next move.

With technical indicators hinting at growing weakness, further losses risks remain high. If bearish pressure continues, XRP could see an extended drop, testing lower support zones. However, a swift recovery above critical levels could reignite bullish hopes and prevent a deeper correction.

Bears Take Control: XRP Move Toward Lower Support Levels

XRP’s upside run has lost momentum following a strong rejection at the critical $2.7 resistance level, shifting market control back into the hands of the bears. The inability to sustain an upward breakout has triggered increased selling pressure, forcing the price into a downward trajectory. With bearish sentiment strengthening, XRP is now edging closer to key support zones that might determine the next phase of price action.

Technical indicators provide additional confirmation of XRP’s bearish outlook, particularly the fact that the price is trading below the 100-day Simple Moving Average (SMA). The 100-day SMA is often viewed as a crucial long-term trend indicator, and when the price is consistently below this level, it suggests that the overall trend is weakening or shifting to a bearish phase.

XRP

In conjunction with this, the RSI, which had been attempting to recover, has started to decline again after failing to reach the 50% threshold. This suggests that sellers are gaining the upper hand. If the downward trend continues, XRP could face a test of lower support zones, making the next few trading sessions crucial in determining its direction.

Key Support Levels To Watch If Selling Pressure Intensifies

As selling pressure intensifies, monitoring key support levels that could determine XRP’s next move has become crucial. The first significant level to watch is the $1.9 support zone, which has previously provided a cushion for the price during pullbacks

A break below this level would signal an acceleration of the negative trend, leading to a test of the $1.7 mark, another critical support area. Should the price fall below $1.7, XRP may find itself in a deeper correction, potentially heading toward the $1.3 support region.

However, a surge in bulls’ strength from any of these key support levels would trigger the beginning of a possible reversal for the altcoin. A bounce from the $2.2 or $2.0 support zones might indicate that buyers are stepping in to defend these critical levels, providing enough strength to push the price back toward key resistance zones.

XRP



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XRP Price Eyes Upside Break—Can Bulls Push Through Resistance?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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Pi Coin Centralization Raises Serious Questions About the Future

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According to data from PiScan, the Pi Network’s core team currently holds the majority of the total Pi Coin (PI) supply.

While such concentration may be necessary during the early stages of a network’s development, it also raises significant concerns about the project’s future decentralization.

Pi Coin Supply Concentration: Core Team’s Control Sparks Worries

The latest data reveals that the Pi Network’s core team controls approximately 62.8 billion Pi Coins across six wallets. Additionally, around 20 billion PI sits in roughly 10,000 unlisted wallets that belong to the team.

pi coin
Pi Network’s Pi Coin Holdings. Source: PiScan

This brings the total supply held by these entities to about 82.8 billion PI. It represents a major chunk of the total maximum supply of 100 billion.

Further complicating the centralization issues, Pi Network is currently operating with only 43 nodes and three validators globally. In stark contrast, more established Layer 1 networks, such as Bitcoin (BTC), operate with over 21,000 nodes. Moreover, Ethereum (ETH) has over 6,600, and Solana (SOL) has around 4,800 nodes. 

The limited number of nodes and validators means that control of the network is concentrated in the hands of a few entities. Therefore, this makes the network much more centralized than its more established counterparts.

That’s not all. This lack of transparency adds another layer of uncertainty.

“Analyzing Pi Network’s source code and on-chain data is currently challenging due to its incomplete openness,” PiScan posted on X.

Meanwhile, Pi Network has also raised doubts regarding privacy and third-party involvement. In the 2025 privacy policy update, Pi Network revealed that it uses ChatGPT for its Know Your Customer (KYC) process. This feature was not mentioned in the previous version of the policy. 

“We use ChatGPT, as a trusted AI partner, to automate identity verification and enhance security measures. By using our KYC services, users consent to the use of ChatGPT, and other AI providers that may be later implemented, as part of our KYC process,” the document states.

The introduction of artificial intelligence (AI) into the KYC process brings a new layer of complexity to how user data is shared and processed.

These concerns add to a growing list of issues surrounding Pi Network. The community has previously highlighted technical difficulties during the mainnet migration. In addition, many users, frustrated by the long lockup period and limited immediate access to their tokens, have been trying to sell their accounts.

This dissatisfaction has resulted in a sharp decline in Pi Network’s popularity. According to Google Trends, the search interest for “Pi Network” has dropped significantly since the mainnet launch on February 20. 

 pi coin
Pi Network Search Interest. Source: Google Trends

On launch day, the search interest was at 100, indicating a peak of public attention and excitement surrounding the event. However, this figure has plummeted to just 12 at the time of this report, reflecting a steep decline in interest

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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Ethereum Price Recovery Capped—Bulls Struggle Near Resistance

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Ethereum price failed to clear the $2,000 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $1,920 resistance.

  • Ethereum started a fresh decline below the key support at $2,000.
  • The price is trading below $1,950 and the 100-hourly Simple Moving Average.
  • There is a short-term bearish trend line forming with resistance at $1,890 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair must clear the $1,890 and $1,950 resistance levels to start a decent increase.

Ethereum Price Faces Resistance

Ethereum price started a fresh decline from the $2,020 resistance, like Bitcoin. ETH declined below the $2,000 support to enter a bearish zone.

The bears gained strength for a move below the $1,820 support. Finally, the bulls appeared near the $1,750 zone. A low was formed at $1,753 and the price is now correcting some losses. There was a move above the $1,780 and $1,850 resistance levels.

It cleared the 23.6% Fib retracement level of the downward wave from the $2,150 swing high to the $1,753 low. Ethereum price is now trading below $1,950 and the 100-hourly Simple Moving Average.

On the upside, the price seems to be facing hurdles near the $1,890 level. There is also a short-term bearish trend line forming with resistance at $1,890 on the hourly chart of ETH/USD. The next key resistance is near the $1,920 level.

The first major resistance is near the $1,950 level and the 50% Fib retracement level of the downward wave from the $2,150 swing high to the $1,753 low. A clear move above the $1,950 resistance might send the price toward the $2,000 resistance.

Ethereum Price
Source: ETHUSD on TradingView.com

An upside break above the $2,000 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,250 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $1,890 resistance, it could start another decline. Initial support on the downside is near the $1,845 level. The first major support sits near the $1,800 zone.

A clear move below the $1,800 support might push the price toward the $1,750 support. Any more losses might send the price toward the $1,720 support level in the near term. The next key support sits at $1,650.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is losing momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $1,800

Major Resistance Level – $1,890



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