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Crypto

XRP slump of more than 70 percent revives rebound pattern debate

XRP has fallen more than 70 percent from its peak, prompting some market participants to revisit chart patterns seen before a late-2024 surge and the 2020 selloff after a U.S. SEC lawsuit against Ripple. Crypto commentator BlackSea pointed to a falling wedge pattern, while Digital Outlook compared the move to 2020, when XRP later rebounded sharply. Others cautioned that past patterns do not guarantee future results amid different market conditions.

Crypto

XRP may have formed a bottom as 2022 low signal reappears

XRP’s weekly relative strength index (RSI) has fallen below 30, reviving an unusually rare oversold signal seen only once before, the report said. During the latest crypto market slide, the weekly RSI dropped to 29.6. XRP is down about 13 percent on the week to around $1.15, with monthly losses of about 17 percent and a 39 percent drop since the start of the year. Some analysts compared the move to 2022, while cautioning it is too early to call a bottom.

AI & Enterprise

Worksphear steps up job support for young adults with borderline intelligence

AI and data-based HR tech platform Worksphear held a briefing session to expand work-experience opportunities for young adults with borderline intelligence. The event, held on June 4 at its Seoul headquarters, brought together about 30 HR staff, mentors and coaches from eight workplaces in the first cohort of the 2026 Future Tomorrow Work Experience programme. Worksphear will jointly run the project this year with Seoul’s Mim Center.