Crypto News

Diana, a seer of the X platform, unveils five reasons—which is indeed suspicious, for who can trust a list that is both four and five?—suggesting XRP’s inevitable ascendancy. First, she points to the ghostly echoes of 2024’s rally, the crossing of three dollars, a spectral apparition reminding us of days since 2017 long past. The Ichimoku cloud, that strange oracle of technical mumbo-jumbo, still hovers above the abyss, offering a sliver of hope—a 600% climb to $17.50, if madness permits.

And guess what? Roughly $300 million of that hot virtual cash has vanished into the ether, never to be seen again. CEO Ben Zhou (not running for office yet) spilled the tea on X (yes, Twitter had an identity crisis) about where these ill-gotten gains are chilling now.

But don’t get too excited just yet. Top analyst Ali Martinez, who probably spends his nights pouring over charts and muttering about TD Sequential indicators, dropped a bomb on that optimism. According to him, Solana’s doing that thing where it looks strong but then—bam—it’s ready for a short-term pullback. A sell signal just flashed on the 12-hour chart, signaling that we might be hitting a local top. History’s shown that this indicator isn’t the kind of thing you ignore unless you’ve got a death wish in the market.

This rebound isn’t just some fluke, like your cousin trying to do a backflip after a few drinks. No, it’s more like traders suddenly deciding, “Hey, maybe this thing’s not a total disaster,” which is weirdly comforting in this rollercoaster. Bitcoin’s doing its usual ‘I’m stable, I swear’ routine, and now these altcoins are trying to look cool hanging out in its shadow. BNB’s volume is up, it’s passing those moving averages like a pro driver ignoring speed limits, and might just be done with its sad little correction phase.

The Charming Siren Or The Shark’s Smile?

And here’s a thing that tickles my fancy: some fellers at Glassnode, they been pokin’ around in the data, and wouldn’t you know it, seems the big fish 🐳 (whales, they call ’em) are movin’ in. The number of wallets totin’ more than 10,000 SOL done jumped up a tad – 1.53%, if you wanna be precise. That’s like findin’ a shiny nickel in your Sunday britches!

The saga begins with Raoul Pal, a conjurer from the famed house of Real Vision, who laid before the masses an intricate map—a comparison of Bitcoin’s path with the sprawling ocean of “Global M2,” that untamed money supply sprawling across nations, converted to the language of the almighty dollar. “It is time,” he declared, with the solemnity of a mystic proclaiming prophecy, “give or take a few days.”

On a quiet Friday, Cantonese Cat rolled out three panels—Dogecoin’s price dance, the Global M2 Liquidity Index, and that finicky beast, the WaveTrend/Weighted Trend Oscillator (WTO). All three, like cowboys in sync, pointed the same way they did before DOGE went from paper pennies to nearly three quarters of a dollar. It’s like déjà vu playing tricks, or maybe just a cruel joke in crypto’s wild west.

In a move that can only be described as “bold” (or perhaps “desperate,” depending on your perspective), Ripple is backing crypto fund manager HashKey Capital in this grand endeavor. They’ve dubbed it a “major step in expanding institutional access to XRP.” Because, you know, what the world really needs is more access to cryptocurrencies that have been through more ups and downs than a rollercoaster at a theme park. 🎢

Now, the market is in a tizzy of indecision. Our financial fortune teller, Analyst Daan, assures us that the price has been “compressed” — sounds like my grandma’s Spanx after Thanksgiving — barely budging these last two days. When prices get this clingy, it usually means one thing: big moves coming up, but which way? It’s like waiting for the waiter to bring the check—nerve-wracking and suspenseful. 🍿