XRP remains stubbornly glued to the floor, like a rebellious cat refusing to jump. Another failed breakout attempt has left it sulking below key resistance, as if it just realized its dreams of grandeur were nothing but vapor. Support? Fading faster than last season’s fashion trend. 🕺🙃
Pushers and pullers in the market seem to have gone on strike, and confidence? Well, it’s weaker than your favorite old loaf of bread. The cryptocurrency’s attempt to turn the tide is as hopeful as a vampire at a garlic festival. 🧛♂️🧄
Nearly Half of XRP Is Drowning in Red-And It’s Not the Fresh Salmon Kind
According to on-chain whisperings, profit margins are evaporating faster than a snowman in August. The percentage of XRP still comfortably basking in green has plummeted to a mere 52%. Which means, drumroll please, almost 50% of the supply is in the red, and panic is just a sneeze away. 🤧📉
Last time this happened in November 2024, things got pretty gloomy. When the profit share dips below the half-way mark, extended darkness often follows. Could be a long winter ahead, folks, and it’s not even December! ❄️🥶
Craving more of these insightful crypto musings? Sign up for Harsh Notariya’s Daily Crypto Newsletter-your new addiction! 📧✨
Macro woes are piling on. The top 1% bigwigs are quietly shedding some weight – their holdings slipping from 87.7% to 87.6%. A tiny change, sure, but enough to make whales squirm-and possibly splatter a little chaos on the charts. Even a modest release can have ripple effects, like tossing a pebble in a pond of panic. 🐋🤯
XRP’s Christmas Wish: A Miracle or Just More Holiday Hope?
At the moment, XRP is hanging around $1.92-just shy of the $1.94 resistance, like a kid eyeing the cookie jar. It’s been stuck beneath a downtrend line longer than your favorite sitcom. The forecast? A cozy range between $1.85 and $1.94 unless some holiday magic happens. 🎅✨
Downward momentum? Oh yes. It paves the way for a possible dip to $1.85 if traders get antsy. But a full-blown crash? Not unless the market goes full chaos mode. Still, risk-takers might see a tiny gift-if XRP rises above $1.94 and breaks through $2.00, the downtrend is toast. Supply profits could rebound, and suddenly, everyone’s feeling a bit more jolly. 🎉📈
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2025-12-22 11:11