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Ali Martinez, an analyst closely followed in the cryptocurrency markets for his technical analysis, shared a new assessment highlighting critical levels for Stellar ($XLM).

According to Martinez, the $XLM price has been moving within a distinct channel since February. During this period, each upward attempt has been rejected at the $0.179 level, followed by a pullback to the $0.147 support zone. The analyst argues that this pattern has formed a recurring price behavior for months.

Martinez noted that recent developments show $XLM is once again approaching the $0.179 resistance level, stating that this area has historically acted as a strong “sell” zone. However, he added that this level is about to be tested for the fourth time, and pointed out that in technical analysis, frequently tested resistance levels tend to weaken over time.

According to Martinez, the critical scenario for investors will be a daily close above this level. The analyst stated that a clear break above $0.179 could indicate that the selling pressure accumulated in this region has been exhausted.

Martinez stated that this situation could trigger a strong upward movement in the $XLM price, predicting that the first target after a possible breakout could be around $0.22, representing a rise of approximately 20 percent.

*This is not investment advice.

The crypto market just witnessed a sharp move as GTC price surged by 51.35% in just 30 minutes, climbing from $0.111 to a current price of $0.168. This rapid increase underscores a significant uptick in market activity, with traders eager to capitalize on the momentum. The observed volatility suggests a responsive market environment, prompting heightened interest from participants.

Market Snapshot

Gitcoin is currently trading at $0.168, showcasing an impressive 24-hour change of +75.00%. The asset reached a high of $0.168 and dipped to a low of $0.093 within the same period. Daily trading volume has climbed to $6,015,211.12, indicative of robust market participation. Gitcoin’s market capitalization stands at $13,512,720, reflecting its growing traction in the crypto space.

What Could Be Behind This Move

Analysts suggest that the recent surge in GTC price may be attributed to evolving macroeconomic factors, particularly in light of interest rate changes and dollar strength. These broader economic conditions often influence investor sentiment, leading to increased activity in alternative assets like cryptocurrencies. Additionally, the mixed signals across the crypto market may have encouraged traders to seek opportunities in altcoins, including GTC. Market observers note that such shifts can trigger rapid price movements as traders respond to perceived value and potential gains.

Broader Market Trends

The overall cryptocurrency market appears to be experiencing fluctuations, with major assets showing varied momentum. This mixed sentiment often leads to altcoin rotations, where traders pivot from larger cryptocurrencies to smaller ones, fostering price spikes in less prominent assets like GTC. On-chain data indicates that increased trading volume often correlates with these movements, suggesting that traders are actively repositioning within the market.

Trading Activity

GTC’s significant price increase also aligns with notable trading activity, as the high volume of transactions indicates a growing interest among traders. Such dynamics can foster a more volatile trading environment, leading to sharp spikes like the one observed. The current bullish sentiment surrounding GTC could further escalate if trading volume continues to rise, pushing the price even higher as momentum builds among market participants.

What Traders Are Watching Next

Moving forward, traders are closely watching key support and resistance levels. The next resistance sits at approximately $0.175, while support is observed near $0.150. A break above this resistance could signal potential continuation of the upward trend, while a fall below the support level might prompt caution among traders. Moreover, broader market conditions, including upcoming economic reports and regulatory developments, could further influence GTC’s trajectory in the coming days.

This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research and consult a financial advisor before making investment decisions.

Crypto oversight is climbing the global policy agenda as regulators push faster enforcement across digital asset markets. The latest FATF declaration signals tighter scrutiny ahead, with cross-border compliance pressure set to rise for crypto firms and jurisdictions.

Key Takeaways:

• FATF increased pressure on jurisdictions to enforce crypto standards faster.
• Stablecoins face sharper scrutiny as illicit finance risks grow.
• Jurisdictions could face tougher accountability if gaps persist.

FATF Tightens Global Crypto Compliance Push

Crypto oversight climbed the global policy agenda after Financial Action Task Force (FATF) ministers increased pressure on countries to close gaps in digital asset regulation. In a declaration issued on April 17, the intergovernmental standard setter linked stronger anti-money laundering enforcement to faster action on virtual assets. The message was clear: jurisdictions that lag on crypto rules will face greater scrutiny.

The declaration framed crypto within a broader push to modernize defenses against illicit finance. Ministers stated in the declaration:

“We support responsible innovation in finance.”

That language is notable because FATF did not portray blockchain-based finance as inherently risky. Instead, it said technology, including artificial intelligence, can strengthen supervision and compliance when backed by safeguards. The same section also supported work on emerging payment technologies and related risks, while urging quicker implementation of crypto standards across the FATF network.

Recommendation 15, titled “New Technologies,” remains FATF’s main global standard for virtual assets (VA) and virtual asset service providers (VASPs). The group revised the recommendation in 2018 and adopted its interpretive note in June 2019 to clarify how anti-money laundering and counter-terrorist financing rules apply to crypto activity. The framework requires countries to assess virtual asset risks, apply a risk-based approach, and ensure VASPs are licensed or registered. It also requires supervision by competent authorities, sanctions for non-compliance, customer due diligence, recordkeeping, suspicious transaction reporting, and international cooperation. The June 2019 interpretive note and related guidance also form the basis for the Travel Rule, which requires originator and beneficiary information to accompany covered transfers.

Stablecoins and Offshore Firms Face Greater Scrutiny

Stablecoins and offshore firms are drawing sharper attention as implementation gaps persist. FATF’s 2025 targeted update states Recommendation 15 remains the benchmark for global crypto compliance reviews and found that only 29% of 138 assessed jurisdictions were largely compliant with virtual asset requirements, while one jurisdiction was fully compliant. A March 3, 2026, report examines stablecoin misuse in peer-to-peer transfers through unhosted wallets and cites Chainalysis data showing stablecoins made up 84% of illicit virtual asset transaction volume in 2025. A March 11, 2026, report on offshore VASPs outlines methods for detecting, registering, supervising, and sanctioning firms that exploit weaker oversight.

Crypto drew its clearest warning in the ministerial text itself. Ministers stated in the declaration:

“Considering the inherently cross-border nature of virtual assets, we call for the rapid and effective implementation of the FATF Standards in the virtual assets sector across the global network, and through our peer-review process, will hold countries who fail to expeditiously implement the Standards to account.”

The broader takeaway is that FATF is not introducing a new crypto rulebook. It is pressing countries to enforce the existing one faster, more consistently, and with fewer cross-border loopholes.

US media personality and former Olympian Caitlyn Jenner has escaped a class-action lawsuit after a federal judge ruled her memecoin was not a security under US law.

California federal judge Stanley Blumenfeld Jr. wrote in an order on Thursday that the lawsuit failed to plausibly plead that Caitlyn Jenner (JENNER) tokens were investment contracts, as they didn’t pool investor money or use funds to develop “any related product or technology.”

“Defendants stated that ‘[t]he $JENNER token is a memecoin on the Ethereum blockchain intended solely for entertainment purposes,’ and that its value would increase because Jenner would use her fame and influence to promote it, increasing demand,” the order said.

“Promotion alone, however, does not establish a common enterprise absent pooling or a structure linking investor fortunes,” it added.

A group of JENNER memecoin buyers first sued Jenner and her late manager, Sophia Hutchins, in November 2024, claiming they lost thousands of dollars as the token’s price collapsed and that JENNER was an unregistered securities offering.

Blumenfeld tossed the suit in May 2025 for failure to state a claim, and the group filed an amended complaint later that same month, led by Lee Greenfield, a UK citizen who claimed he lost more than $40,000 investing in JENNER.

The amended complaint had argued that investors had pooled their assets as Jenner promised that once the token reached a market value of $50 million, a 3% transaction fee would fund token buybacks, marketing, donations to Donald Trump’s presidential campaign and a token for ownership in Jenner’s Olympic gold medal.

Blumenfeld wrote that the amended complaint heavily focused on planned donations to Trump, but didn’t explain how investors believed that doing so would provide a financial return to them.

“Nor is it clear that the alleged plan to distribute fractionalized ownership interests in Jenner’s gold medal has any bearing on Greenfield’s claim, since the plan was not announced until August 2024—after the last of his purchases—and was never executed,” he added.

Blumenfeld denied allowing the class group another chance to amend the lawsuit and added that claims regarding contracts and common law fraud under California law were best sent to state court.

JENNER was first launched on the Solana blockchain via the memecoin creator Pump.fun in May 2024. It was soon embroiled in controversy after Jenner and other memecoin launching celebrities claimed they were scammed by Sahil Arora, a claimed collaborator on the tokens.

Jenner relaunched the token on Ethereum, which investors claimed diminished the value of the original Solana token. The token has since essentially lost all of its value after hitting a peak value of nearly $7.5 million in June 2024.

$RAVE’s 47.97% surge to $27.21 came as derivatives activity intensified, with Open Interest nearing $500M and extreme Funding Rates triggering forced short liquidations.

The rally had clearly outpaced the broader market’s 2.7% gain, reflecting a highly concentrated move driven by positioning.

Notably, over 90% of the token supply had remained concentrated in top wallets, which kept liquidity thin and amplified $RAVE price reactions.

As a result, cascading short liquidations had accelerated upward pressure while traders rushed to cover positions. Funding Rates had also surged to extreme levels, reportedly reaching up to 5,600% APR. This made short positions increasingly expensive to maintain.

This dynamic had created a feedback loop, where rising prices forced further liquidations. However, such conditions often raise concerns about sustainability once forced buying begins to slow.

Outflows tighten supply as sell pressure fades

On-chain data had shown persistent negative Spot Netflows, with the latest recorded outflow at -$840.69K.

This sustained outflow pattern had indicated that traders moved $RAVE away from exchanges into private wallets, reducing the immediately available supply for selling.

As a result, declining exchange balances had eased sell-side pressure and supported the ongoing price expansion.

However, despite this reduction in available supply, the broader move had remained largely influenced by derivatives activity rather than consistent Spot demand.

If inflows begin to return, it could reintroduce sell pressure and weaken the current structure, especially as leveraged positions start to unwind.

$RAVE rally stalls below $28 as rejection emerges

$RAVE’s price action had shown a strong vertical expansion as $RAVE surged toward the $28.87 high, before facing a sharp rejection that pulled the price back toward the $22 support zone.

The move had not followed a gradual breakout structure but instead reflected an aggressive impulse, where price climbed rapidly without forming stable consolidation bases.

However, the rejection candle near the highs had signaled exhaustion, as sellers stepped in after the extended move. The $22 level had since acted as immediate support, holding the recent pullback.

The RSI had climbed to around 81, entering overbought territory before slightly easing toward 69.77, indicating that buying pressure had started cooling after the surge.

This shift suggested that the rally had reached a stretched condition rather than a stable trend continuation.

If the price stabilizes above $22, it could attempt another push toward $28. However, continued weakness would likely expose lower support zones as the structure resets.

Where will liquidity pull price next?

Liquidation data had revealed two critical zones shaping $RAVE’s trajectory, with dense clusters forming near $28 and $23.

Around $28, liquidation leverage had reached approximately 484.91K, marking a key upside trigger where short positions had already faced pressure. This zone had acted as a magnet, drawing price upward during the rally.

On the other hand, a significant cluster near $23 held roughly 480K in leveraged positions, establishing a strong downside liquidity pocket. This created a two-sided structure where price could be drawn toward either level depending on positioning shifts.

$RAVE’s rally had been driven primarily by liquidation pressure and derivatives imbalance rather than sustained Spot demand.

While reduced sell pressure supported the move, the structure remained highly dependent on leveraged positioning.

If liquidation-driven demand weakens, price could struggle to hold gains. However, continued pressure on short positions would likely push $RAVE toward higher liquidity zones before any meaningful reversal emerges.

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Final Summary

• $RAVE’s rally is driven by derivatives pressure as short liquidations forced rapid price expansion.
• Weak Spot demand structure suggests price could react sharply if inflows return.