So, XRP had a November. Which, let’s be honest, is basically code for “not much happened.” The price did a little wiggle, up 0.6%, which is… adorable. But now some charts are whispering sweet nothings about a potential breakout. ✨ Apparently, 2% is all that’s standing between XRP and its “glory zone.” I mean, it’s a dramatic name, right? Like we’re expecting fireworks and a key to the city.
Basically, there’s this magic price point at $2.54. If it breaks that, things might get interesting. If not, well, we’ll probably just be back here talking about a 0.6% wiggle.
Investor Regret & Where All The Coins Went
Apparently a lot of people bought XRP around $2.52-$2.54 because, who doesn’t love a good investment? 💸 The problem is, history shows people tend to sell when the price wobbles back to where they bought it. But the market’s being…weird.
And get this: fewer people are sending their XRP to exchanges. They’re holding! 🤔 Like they think something good is about to happen! Or they’re just really dedicated HODLers. Either way, it’s a good sign, allegedly.
See, big numbers. Lots of lines. Very important. Don’t ask me to explain it, I just make fun of things on the internet. 😉
If XRP does manage to breach that $2.54 barrier, there’s another wall at $2.80-$2.82. Because of course there is. There’s always another wall. It’s like financial whack-a-mole.
The Charts Say…Maybe? 🤷♀️
Apparently the charts are forming a “falling wedge.” Sounds intimidating, but it basically means things could be looking up. 🤞 They’re also staring intently at a Fibonacci retracement level at $2.50. Look, I don’t know what “Fibonacci” is, but it sounds important, so let’s just nod along.
If it closes above $2.57 – again, that magic 2% – it could go to $2.69, then maybe even $2.81. Then, if it really gets its act together, $3.10. But if it falls below $2.38? Buckle up, buttercup. 📉 It’s gonna be a bumpy ride.
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2025-11-02 15:16