Akin to an early riser at a grand masquerade, XRP joined Bitcoin and Ethereum in starting a revival akin to an unexpected yet delightful encore. A clear triumph was secured above $2.35, and the 100-hourly Simple Moving Average was surpassed, as if the whole affair were an impromptu waltz.
XRP, that once-bright star, now flickers like a dying candle in a windstorm. Its chart? A funeral procession with no hearse. Every attempt at an upward jaunt is met with the cold, unyielding grip of sellers, who seem to have taken a vow of silence and a job at the local graveyard. At $2.26, it’s not just below its moving averages-it’s hiding behind them, like a child afraid of the dark. 🕯️
Stalkchain reports that PENGU is now the hottest ticket in town for the so-called “smart money”-those traders who think they’re cleverer than the rest of us. With $457K pumped into PENGU in the last 24 hours, it seems these penguins are more than just cute; they’re also lucrative. Who knew? 🤔
A potential bottom? Maybe. Ali Martinez says there’s a TD Sequential buy signal on the daily chart. For those who don’t speak crypto, that’s like saying “I’m not mad, I’m just disappointed.” 🧠💥 The pattern shows multiple red candles followed by a green “1” count. Sounds like a toddler’s coloring book. 🎨
After a brief respite on Saturday, the privacy coin rocket, ever impetuous, declared that one day of rest was sufficient. At the moment of writing, ZEC hovers at $646, its 12.8% ascent a testament to the capricious whims of the market, which now dances to the tune of anonymity.
Visser’s analogy is as clear as mud in a teapot storm: venture capitalists back then were trapped in their investments like gnomes in a locked shed, forced to wait out the crash before selling their shares in a panic. “We’ve seen the same thing,” he said, “except now it’s Solana, Ethereum, and Bitcoin getting the IPO-price-of-a-hamburger treatment.”
Between October 24 and November 5, the firm acquired nearly 170 BTC, a pittance of $14 million, as if plucking coins from the pockets of the proletariat. Eric Trump, anointed Chief Strategy Officer, proclaims their strategy a masterpiece of scaled mining and market manipulation. Yet, one cannot help but wonder: is this the face of innovation, or the mask of avarice? 🤡
“Breaking: The Emperor Trump, in his infinite wisdom, decrees a ‘tariff dividend’ of $2,000 per soul. Behold, the stimulus checks return, like a bad penny or a venereal disease.”
On an ordinary November morning, it was divulged that Stream Finance, that marauder of yield-bearing stablecoin fame, had pilfered $93 million from-very literally-an external benefactor. This meant that _dear_ deposits were ostensibly in peril, and with that, the humble xUSD bid its peg adieu much like a departing lover on a foggy Petersburg night. Other precarious ventures, much like acquaintances in a village, felt the sting by association. From Stable Labs’ deUSD to Elixir’s USDX, all peeled back their stability like a wilted prima donna. Morpho, the local gossip, only hastened the panicked dispatch of capital in a hilarious rush.
Bitcoin, the siren of the digital age, has weathered storms, retreating from its peak like a poet’s lament, dragging down ether, solana, and the rest in its wake. 🌩️
