Fairshake, a US Super PAC supporting the crypto industry, has already accumulated $103 million to spend on the 2026 midterms. In the 2024 election, Fairshake heavily invested in pro-crypto candidates from both parties.

Ripple CEO Brad Garlinghouse contributed $25 million to a growing pro-crypto war chest, and other companies have made similar donations to the PAC.

Fairshake’s Crypto Support in US Elections

Fairshake invested nearly $200 million in the 2024 election, backing candidates from both sides who supported friendlier industry regulation. Its efforts yielded several victories, including Bernie Moreno’s prominent victory over anti-crypto candidate Sherrod Brown.

With the latest investment from Ripple CEO Brad Garlinghouse, it seems that Fairshake is well-placed to influence pro-crypto narratives in the midterms as well. Ripple was also one of Fairshake’s principal investors in the 2024 election.

However, Ripple is not the only firm planning for the 2026 midterms. As reported by BeInCrypto earlier this month, venture capital firm a16z also invested $23 million in the PAC for the midterms.

“Fairshake just informed me that Ripple’s donation, combined with those from Coinbase and a16z and the funds it has leftover from this election, means it has now amassed $103 million for the 2026 midterms,” FOX Business Journalist Eleanor Terrett wrote on X (formerly Twitter).

In other words, these political investments proved so beneficial for the industry that it’s already preparing to make a bigger impact. Fairshake spent $200 million to help elect various crypto allies less than a month ago. Yet, the Super PAC’s 2026 war chest for the midterms could potentially be bigger.

Overall, these investments are not surprising given the significant impact of the recent election. For one thing, President-elect Donald Trump already promised to enact a broad series of benefits for the crypto industry.

These political donations, however, can yield added access and benefits. It can influence the regulators to consult with the donors for any regulatory decisions. For instance, Coinbase was another leading Fairshake donor, and Trump consulted its CEO for personnel appointments.

It’s safe to say that Fairshake is planning to conclusively influence the pro-crypto agenda in US politics. It donated heavily to candidates from both political parties, purely on this one issue. By the 2026 midterms, the PAC could greatly contribute to a growing bipartisan consensus regarding this industry.

PEPE’s price hit a new all-time high on November 13, after it was listed on Coinbase. It has been up 105% in the past month, though it’s down nearly 10% in the last seven days. Indicators like RSI and MVRV suggest further corrections could occur as bullish momentum weakens.

A potential death cross in the EMA lines could push PEPE to key supports at $0.0000139 or lower. However, a trend reversal could see PEPE testing resistances at $0.0000228 and aiming for a new all-time high at $0.000030.

PEPE Isn’t Oversold Yet

PEPE RSI has fallen to 38.8 from 60 in the last three days, indicating weakening bullish momentum. The RSI, or Relative Strength Index, measures price momentum on a scale of 0 to 100, with values above 70 signaling overbought conditions and below 30 indicating oversold levels.

The drop reflects growing selling pressure, but the current RSI suggests PEPE is not yet oversold.

At 38.8, PEPE’s RSI is near a key level, as it hasn’t dropped below 30 since November 3. This suggests the price may stabilize soon if historical patterns hold. The recent drop didn’t change the fact that PEPE is the 3rd biggest meme coin in the market, below DOGE and SHIB.

However, if the RSI dips further below 30, it could trigger stronger bearish momentum and lead to further price corrections.

PEPE MVRV Ratio Shows The Correction Could Continue

PEPE’s 7-day MVRV ratio is currently at -6.2%, signaling that recent holders are, on average, at a slight unrealized loss. The MVRV, or Market Value to Realized Value ratio, measures the profit or loss of holders based on the token’s market value relative to the price they paid.

Negative MVRV levels such as this suggest reduced selling pressure since holders are less likely to sell at a loss.

Historically, PEPE has seen strong price recoveries when its 7-day MVRV dropped below -9.7%, indicating the potential for further correction before another upward surge.

This pattern suggests that while the current MVRV level hints at consolidation, a deeper dip could create conditions for a bullish rebound. If the MVRV trends lower, it may set the stage for renewed accumulation and a fresh price recovery.

PEPE Price Prediction: New All-Time Highs May Be Postponed For Now

PEPE’s EMA lines show a bearish signal, with a potential death cross-forming, where short-term EMA lines cross below long-term ones.

If this pattern materializes, it could trigger further corrections. PEPE price will likely test support at $0.0000139 and $0.0000108. Should selling pressure intensify, PEPE could fall to $0.0000077.

On the other hand, if market confidence returns and the trend reverses, PEPE price could challenge resistances at $0.0000228 and $0.000026.

Breaking above these levels could push PEPE price toward $0.000030, setting a new all-time high.

Stellar’s (XLM) price has been down over 10% in the last 24 hours but has remained up 94.07% in the past week, leading to gains among the top 100 cryptocurrencies. Indicators like the RSI and Ichimoku Cloud suggest weakening bullish momentum as XLM faces growing selling pressure.

If the downtrend continues, XLM could test key support at $0.099. However, a recovery could push it back toward $0.638 and potentially as high as $0.70.

XLM RSI Slips to Neutral Zone

Stellar RSI is now at 48.31, down from above 70 when XLM hit $0.60, its highest price in three years. The RSI, or Relative Strength Index, measures momentum on a scale from 0 to 100, with values above 70 signaling overbought conditions and below 30 suggesting oversold conditions.

The drop in RSI reflects reduced bullish momentum as XLM faces a correction.

An RSI of 48.31 places XLM in a neutral zone, neither overbought nor oversold. This level suggests that Stellar price could continue dropping before a new surge takes place.

However, if RSI stabilizes or rises, XLM could regain upward momentum and resume its bullish trend.

Stellar Ichimoku Cloud Shows Bearish Trend Is Appearing

The Ichimoku Cloud chart for Stellar shows bearish momentum taking over as the price has moved below the Kijun-Sen (orange line) and Tenkan-Sen (blue line).

This indicates weakening bullish sentiment, with the price nearing the edge of the cloud (Senkou Span A and B), which currently provides short-term support. If the price falls further into or below the cloud, it could confirm a bearish trend reversal.

The cloud itself remains bullish in structure for now, with a rising Senkou Span A, but its thinning nature suggests weakening support ahead.

If XLM fails to reclaim levels above the Tenkan-Sen and Kijun-Sen, selling pressure may intensify. However, if the price recovers and moves above the cloud, it could signal the resumption of the recent bullish trend.

XLM Price Prediction: A Strong Correction If Buying Pressure Doesn’t Get Back

Stellar EMA lines remain bullish, with short-term lines above the long-term ones, indicating an overall upward trend. However, the narrowing gap between these lines suggests weakening bullish momentum and a potential shift in sentiment.

This signals that the ongoing downtrend could accelerate if XLM buying pressure doesn’t return soon.

If the downtrend strengthens, XLM price could see a sharp drop to its strong support at $0.099, representing a significant 76% correction.

On the other hand, if Stellar price regains its recent bullish momentum, it could retest resistance near $0.638. Breaking past this level might push XLM toward $0.70, offering a potential 62% upside from current levels.