Right. So, XRP. It apparently had a rather good three months – Q3 of 2025, to be precise. A whopping 31% rally, which is, you know, quite a lot when you’re dealing with digitalâŠthings. It went from $2.20 to $2.92. Which, if my calculations (performed on a slightly faulty abacus) are correct, isâŠmore than $2.20. This âbullish quarterly candleâ – sounds suspiciously like a scented product for bulls – broke some resistance it hadnât broken since 2017. A long time to be resisting, frankly. Youâd think it would have given in by now.
Some ‘analyst’ (and let’s be honest, aren’t we all analysts these days?) named Mikybull reckons this sets up a potential dash towards $4.70. Possibly higher. One suspects Mikybull has a vested interest in XRP going higher. Itâs just a feeling.
CTO Does a Disappearing Act – It Can’t Be Good, Right?
Now, things getâŠinteresting. Ripple‘s Chief Technology Officer, David Schwartz, vanished. JustâŠleft. No note, no forwarding address, just *gone*. Naturally, the XRP community is in a state of mild panic. Some think his last words were a cryptic message, hinting at XRPâs eventual dominance over Bitcoin. Others? Well, they’re selling. Because, naturally. Itâs the sensible thing to do when someone unexpectedly departs a digital currency firm. Isnât it?
Adding to the general air of unease, a chap on X known as Crypto Bitlord (a surprisingly modest title) has declared it âtime to sell.â He seems to think the recent surge is a prelude to a spot of volatility. He probably has a very nice garden, and wouldn’t want the price of XRP to interfere with its upkeep.
ETFs: The Hope That Launches a Thousand Ships (and Possibly XRP to $20)
But fear not! There’s still the faint glimmer of hope in the form of an XRP spot ETF. The SEC – a regulatory body of questionable efficiency – is considering it. Decisions are due sometime between October 18th and November 14th. Prediction markets are giving it a 99% chance of approval which, statistically, means it’s almost guaranteed to instantly plummet in value the second the decision is announced. Just historically speaking.
Analysts, those optimists, believe this could push XRP into utterly ridiculous territory – $20 to $30 by 2026. Which, if you think about it, is a lot of zeros. Oh, and people are apparently moving their tokens into ‘self-custody’ and ‘staking pools’. Which sounds slightly nefarious, doesnât it? And Open interest is at $1.4 billion, leaving leveraged longs vulnerable, because that’s always fun.
Technically Speaking: It’s All a Bit Fuzzy, Actually
Currently, XRP is wobbling around at $2.94. It’s above one moving average and butting heads with another. Resistance is at $2.96. Support is somewhere between $2.70 and $2.80. Itâs all terribly precise and meaningful, or it isnât. Honestly, anyone who claims to understand this stuff is probably just making it up as they go along.
Momentum indicators are âneutralâ. Which is, letâs be real, a fancy way of saying âwe have no ideaâ. If it breaks $2.96, it *might* go to $3.65, then maybe $4.70. If it doesnât? Well, October will be boring, and November will have another go. Itâs a never-ending cycle of digital speculation. It’s exhausting, really.
Cover image from ChatGPT, XRPUSD chart from Tradingview. And now, if youâll excuse me, I need to lie down.
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2025-10-02 09:19