The $2.8 support zone, that stoic guardian of XRP’s dignity, held firm against the onslaught of bearish sentiment. Buyers swooped in like knights in shining armor, pushing the price higher with the determination of a toddler refusing to nap. Had this level crumbled, XRP might have tumbled into a correction so severe it would make July’s gains look like a distant memory. 📉
The week ended much like it began-with a tale of two cryptos. Ether, ever the ambitious younger sibling, roared ahead, stacking up massive inflows like a dragon hoarding gold. Meanwhile, Bitcoin, burdened by its own weight, stumbled into its sixth consecutive day of outflows. If this were a family dinner, Bitcoin would be sulking in the corner while Ether plays DJ on the stereo. 🎧
Check out this weekly chart from Solberg Invest (@SolbergInvest) that shows OP forming a falling wedge. No, it’s not a new dance move! 💃 This price pattern is often seen as bullish, which is great news for those of us who like our investments to go up instead of down! The wedge is like a rollercoaster ride-lots of ups and downs, but it looks like the sellers are getting tired. Maybe they need a nap! 😴
Behold, the $200 mark, a psychological and technical fortress, has fallen-or has it? Solana, like a cat with nine lives, has clawed its way back, leaving the bears in disarray. A 9% gain in 24 hours? Mere child’s play for this blockchain behemoth. Its market cap now soars above $107 billion, a testament to its indomitable spirit. But beware, for the crypto gods are fickle, and the $200 pivot zone is a tightrope walk. Will it hold, or will the bulls stumble into the abyss? 🤡
Hold onto your hats, folks! An X post by @itxmebala has sent the crypto community into a frenzy, predicting Pepe (PEPE) is about to go on a wild ride. The post suggests a market buy at $0.00001152, with targets of $0.00001477 (that’s a 27% gain, in case you’re counting) and $0.00002842 (140% gain, because why not?). All this based on a chart that looks like it was drawn by a toddler with a crayon, but hey, it’s got potential!
Despite its current languor, a mere 7% below its zenith, the whispers of on-chain sirens and technical oracles suggest a breakout is afoot-a reprise of the dramatic rally witnessed earlier this month. 🕵️♂️✨
Imagine, if you will, the shock and awe when, on a Friday afternoon, an esteemed media outlet reported that the Instagram accounts of the late Michael Jackson, Adele, Tyla, and Future were hacked at the same time. These celebrity profiles were turned into little more than advertisement boards for a dodgy memecoin. And guess what? It was all based on Solana, because why not add a little extra “wow” to the scam?
Gemini, that glittering temple of crypto, whispers of a $75M credit line from Ripple in its SEC filings-a figure that might swell to $150M, should the stars (or blockchain engineers) align. And lo! The RLUSD stablecoin, that “regulated marvel,” could soon pirouette into prominence. How delightfully meta.
According to the esteemed Nikkei, the Financial Services Agency (FSA) doth propose sweeping reforms, including the reclassification of digital assets, which might, just might, pave the way for cryptocurrency exchange-traded funds (ETFs). A most delightful conundrum, indeed. 🧠
We threw darts at a board while blindfolded, considered how many people still use their Pi coins as imaginary Monopoly money, and factored in how much coffee we drank before writing this. Perfectly scientific! ☕