XRP: To the Moon? 🚀 Or Just Back to Earth? 🌍

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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 digital…things. It went from $2.20 to $2.92. Which, if my calculations (performed on a slightly faulty abacus) are correct, is…more than $2.20. This ‘bullish quarterly candle’ – sounds suspiciously like a scented product for bulls – broke some resistance it hadn’t broken since 2017. A long time to be resisting, frankly. You’d 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. It’s just a feeling.

CTO Does a Disappearing Act – It Can’t Be Good, Right?

Now, things get…interesting. Ripple‘s Chief Technology Officer, David Schwartz, vanished. Just…left. 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 XRP’s eventual dominance over Bitcoin. Others? Well, they’re selling. Because, naturally. It’s the sensible thing to do when someone unexpectedly departs a digital currency firm. Isn’t it?

Adding to the general air of unease, a chap on X known as Crypto Bitlord (a surprisingly modest title) has declared it “time to sell.” 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, doesn’t 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. It’s all terribly precise and meaningful, or it isn’t. Honestly, anyone who claims to understand this stuff is probably just making it up as they go along.

Momentum indicators are ‘neutral’. Which is, let’s be real, a fancy way of saying ‘we have no idea’. If it breaks $2.96, it *might* go to $3.65, then maybe $4.70. If it doesn’t? Well, October will be boring, and November will have another go. It’s a never-ending cycle of digital speculation. It’s exhausting, really.

Cover image from ChatGPT, XRPUSD chart from Tradingview. And now, if you’ll excuse me, I need to lie down.

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2025-10-02 09:19