Well, well, well. Look who’s decided to wake up from its seven-year nap – Ripple’s XRP, currently lounging at $2.51 like it’s the VIP section of a crypto club. 🍸 A slight uptick in the last 24 hours? Groundbreaking. Or is it? Turns out, this little coin just broke free from a symmetrical triangle that’s been its prison since before TikTok was a thing. Dramatic much? 💁♀️
Since its grand escape, XRP’s been chilling between $2.00 and $3.00, like it’s debating whether to order another round or call it a night. ChartNerd (yes, that’s a real name) is all like, “This is the accumulation phase, darling.” 🧐 Former resistance? Now a cozy support zone. How very you’ve grown, but I’m still not impressed.
The Breakout That Made Us Go “Hmm” 🤔
So, XRP finally climbed out of its decade-long triangle (no, not the kind you wear) and decided to flex by surpassing its all-time highs and 2021 peaks. Since then? It’s been steady, like a yoga instructor after a green juice. ChartNerd’s take? “Significant strength and momentum.” Sure, Jan. But let’s not forget the bullish developments and regulatory clarity – because nothing says “I’m serious” like a good old legal battle. ⚖️
$XRP broke out of a 7-year symmetrical triangle and has since been accumulating above the prior ATH candle closes & the prior highs from 2021 for nearly 12 months. Signalling significant strength and momentum. Tieing up with bullish developments and regulatory clarity = HIGHER.
– ChartNerd (@ChartNerdTA) October 31, 2025
Oh, and apparently, this setup is giving 2017 vibes. You know, when everyone thought crypto was the new Beanie Baby. Models are whispering about $5, $8, $13, and even $27. Fibonacci extensions, darling – it’s like astrology but for charts. ✨ And let’s not forget the ascending trendline and the 3-month EMA, because why not add more lines to the party?
ChartNerd’s still sipping the Kool-Aid, though. “The macro structure remains intact,” they say. Translation: “I’m all in, even if it’s just for the memes.” 🤡
Short-Term Drama: Will It Hold or Fold? 🎭
Long-term? Steady as a rock. Short-term? More chaotic than a Black Friday sale. CRYPTOWZRD (another gem of a name) is like, “If it drops below $2.55, we’re in sideways city, population: bored.” 🌆 Meanwhile, $2.75 is the bouncer at the club – break through, and it’s party time. But if it dips to $2.27? Well, that’s the support level equivalent of a safety net.
ETFs and Sell Signals: The Plot Thickens 🍿
Oh, and let’s not forget the TD Sequential tool, which just screamed “sell” after the recent rally. Because nothing says “I’m here for a good time, not a long time” like a sell signal. 🛑 And guess what? Whales have been dumping their bags lately. CryptoPotato reported it, so it must be true. 📰
But wait – there’s hope! Canary Capital just updated its ETF filing, and the delay clause is gone. November 13th could be the day XRP gets its own ETF. Pop the champagne? Or is it too early? 🍾
So, here we are. XRP’s on a rollercoaster, and we’re all just along for the ride. Buckle up, buttercup – it’s gonna be a wild one. 🎢
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2025-11-01 12:17