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XRP experienced a pullback in the past week. How far will sellers take it? Key Support levels: $2.3, $2 Key Resistance levels: $2.6, $3 After buyers failed to turn $2.6 into support, sellers took over the price action and pushed XRP into a correction that drove it south by 9% since this time last week. This has taken the price to the $2.3 support, which appears to hold at the time of this post. If selling intensifies, then the next key support level is found at $2. The recent reversal has turned the momentum indicators bearish. This can also be seen on the daily volume, which shows multiple days in the past week closing in red. Buyers appear absent, which has encouraged selling that can extend this pullback. Three days ago, the daily MACD made a bearish cross. This is a significant change in the momentum and will likely keep XRP bearish in the short to medium term. If so, the support at $2.3 could fall and see the price revisit, or at least approach, $2 again.

President Javier Milei has abruptly shut down a government unit investigating his administration’s ties to the $LIBRA cryptocurrency scandal, raising new concerns about transparency and political accountability in Argentina. The special unit, formed just three months ago, was tasked with examining fraud and misconduct allegations linked to the memecoin’s rapid rise and crash, which left retail investors with an estimated $250 million in losses. Milei, who had personally promoted the coin on social media, now claims the unit completed its objectives. However, critics argue the move appears premature and politically motivated, as no public findings have been released. The Investigative Task Unit (UTI) was formed on February 19, just days after the $LIBRA token was launched on February 14. At the time, President Milei promoted the coin on social media, and hailed the coin as a private initiative to boost Argentina’s struggling economy. He encouraged investment, claiming it would support small businesses and entrepreneurs. However, within hours of Milei’s endorsement, $LIBRA surged in value before crashing by nearly 90%. Industry experts labeled the situation a “rug pull,” a scheme where developers abandon a project after collecting substantial funds. Over $4.5 billion moved through the coin, with thousands of investors blindsided by the sudden drop. Milei later distanced himself from $LIBRA, denying any involvement in its structure or operations, despite his earlier public endorsement. Related: Argentina Seeks Interpol Red Notice for LIBRA Crypto Scandal Figure Decree 332/2025, co-signed by Justice Minister Mariano Cúneo Libarona, announced the dissolution of the UTI. It stated that the unit had fulfilled its task by forwarding collected information to the Public Prosecutor’s Office. Yet, the lack of publicly available findings has raised eyebrows across the political spectrum. Notably, the decree followed pressure from lawmakers who recently established a congressional commission to independently examine the matter. Judge María Romilda Servini is now leading a parallel judicial investigation into Milei’s potential role in the scandal. Additionally, class-action lawsuits have emerged in the United States accusing the president of deceptive promotion and negligence. The Public Prosecutor’s Office has yet to release any conclusions regarding the $LIBRA affair. Furthermore, local reports suggest investigations are still active within the Anti-Corruption Office, the Central Bank, and the National Securities Commission. Related: Vitalik Buterin: Argentina Crypto Community Strong Despite Meme Coin LIBRA Crash María Florencia Zicavo, a close ally of Justice Minister Cúneo Libarona, led the now-dismantled unit. Critics argue the timing of the shutdown, amid ongoing inquiries, signals a deliberate attempt to stifle scrutiny and protect political interests. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Update - It appears that Jaded's red box was in fact quite important.

$PI no more red candle , push it up💹🚀

Bitcoin ; According to crypto Analyst's, the dip following the $107,000 rejection isn’t necessarily bearish. Instead, it could be part of a post-breakout retest, a pattern often seen in strong bullish structures. If this retest successfully confirms the former resistance as new support, BTC could set the stage for a breakout into fresh all-time highs. As shown in the 1W Bitcoin price chart above, the red resistance level is very close to Bitcoin’s January 2025 all-time high around $108,780.#BTC$BTC