Coinbase's XRP Futures TAS Launch Signals a New Era for Institutional Trading
- Introduction of TAS: Coinbase is set to launch a Trade at Settlement (TAS) feature for XRP futures on May 1, 2026, allowing institutional trades to execute block orders at the official settlement price, thereby reducing short-term volatility risks and enhancing trading efficiency.
- Market Structure Optimization: This upgrade enables institutional investors to lock in closing prices, avoiding distortions in execution costs caused by intraday price swings, reflecting a shift towards more institutional-grade tools in crypto derivatives.
- Ecosystem Expansion: The XRP ecosystem continues to enhance usability through integrations like the non-custodial LOBSTR wallet, allowing users to manage XRP without centralized custody, thereby improving accessibility and self-sovereign asset control.
- Innovation Drive: The Coinbase-incubated x402 protocol has launched the Agent.market platform, aimed at simplifying access to digital services for humans and AI systems, promoting the integration of execution, automation, and settlement to support institutional and machine-driven participation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00967 | 0.0143 | 0.0179 | 0.0225 | 0.0261 | 0.0307 | 0.0343 |
| Fibonacci | 0.0143 | 0.0175 | 0.0194 | 0.0225 | 0.0257 | 0.0276 | 0.0307 |
About AI
About the author
