
Now, examine the chart with the scrutiny of a historian analyzing the rise and fall of a once-proud dynasty. Since mid-June, XRP had been inching upward, forming what could only be described as a “rising wedge”—a symbol of ambition, of a relentless march forward, albeit squeezed between the unforgiving trendline support and the oppressive weight of moving averages above. The crowd, seeing this, clung to hope. A brief escape—an upward spike past $2.30 on rising volume—was greeted with joy. The masses rejoiced, momentarily forgetting the cruel paradox of financial markets. Perhaps, they thought, this was the breakthrough they had waited for.