XRP is doing its best impersonation of a tightly wound bobblehead-stuck between $2.30 and $2.70. Support’s hanging around $2.30-$2.40, resistance sneering at $2.60-$2.70. Not much happening except a lot of sideways dancing. The weekly charts are whispering “bearish divergence” – basically, the market’s moaning, “Can’t go up, can’t go down, just stuck in limbo.”
In a world where optimism is a sin, Ethereum’s price has returned to its natural habitat: the bearish zone. Like Bitcoin’s tragic twin, it now limps below $3,880, clutching Fibonacci retracements like a drowning man clutches driftwood. The 61.8% Fib level, once a beacon, now mocks with its indifference. Even the hourly chart’s rising channel has betrayed it, spilling secrets to short-sellers.
The death of Faruk Fatih Özer, architect of Turkey’s crypto catastrophe, has resurrected the ghost of Thodex-a platform that promised prosperity but delivered a pyramid scheme wrapped in blockchain glitter. Found dangling in Tekirdağ’s high-security prison, his demise is either a tragic end or a convenient exit, depending on whom you ask (and whether they’ve recovered their missing funds). 🕊️
Currently stuck around $2.54, XRP is like that indecisive person who can’t pick a side at a buffet: it’s sandwiched between resistance and support. Not exactly ideal, right? And the moving averages, they’re hanging out just above it, taunting it with their unreachable price levels.
On October 28, Uphold casually dropped the bombshell that it would let you borrow against your precious XRP, Ethereum, Bitcoin, and USD Coin. And they’re so confident in the market right now that they think crypto will make your loans more valuable. 💅
On the first day of November, Pillows, in a post most sagacious, revealed the secrets of Coinglass’s liquidity heatmap. Behold, the upper band, stretching from $3,900 to $4,200, doth teem with limit orders, as traders lie in wait, ready to sell like merchants at a flea market! 🛍️ This, dear reader, is the resistance zone, a fortress that bulls must breach if they hope to ascend to glory.
The numbers, like devils in Dostoevskian prose, reveal their own truth: $120.70 per share became the price of both liberation and damnation.
In a Polymarket wager that has seen a staggering £106 million in volume, the 40th governor of California, Mr. Gavin Newsom, holds the second place with 21% odds and £1.53 million in market volume, though he has slipped a point from his previous standing. Tsk, tsk. 📉
This clash erupted in the digital wildfire after Warren’s draught of digital dissent on October 23, following Zhao’s miraculous pardon by the presidential alchemist, stirring anew the tempest of crypto dominion and the insidious dance of politics in the marketplace of electronic specters.
The figures dance to the tune of the SEC’s weighted average price of $41.38, a number as fickle as a Missouri breeze.
