The market, like a drunkard, staggered forward after Ripple’s Mastercard headlines, only to trip over its own greed. Analysts, with the grim patience of a winter storm, whisper of a final, icy plunge before the thaw-though the frost may linger longer than hoped.
“A brief spike near $2.45? A mirage,” one oracle sighs. “The correction is not a guest-it is a permanent resident.” Data, that cold-hearted judge, demands one last dip before the rally’s verdict is sealed.
The Wretched Symphony of XRP’s Double-Bottom
CasiTrades, the market’s self-appointed bard, laments the asset’s feeble escape from Wave 1’s shadow. “Candle closes remain shackled to the past,” she moans, “as if the ledger itself weeps at the thought of progress.”
Wave 3, that relentless overseer, looms at $2.05, demanding a return to its icy throne. “A final subwave 5 to the grave of $2.05,” she predicts, “then a funeral march to $2.36, and beyond.” The Fibonacci 0.5 retrace? A cryptic omen from the ledger’s ghost.
RSI, that fickle companion, now dances in sync with $2.05’s dirge. “Hope?” CasiTrades scoffs. “It’s a candle in a hurricane.”
Mastercard’s Fleeting Flame
Ripple’s latest gambit-a blockchain-powered card dream-flickered like a moth in a trader’s lamp. At Swell 2025, they declared war on fiat, partnering with WebBank and Gemini to pilot RLUSD on XRPL. A “regulated settlement”? More like a regulated heart attack for XRP bulls.
The pilot, a fragile experiment, promised to route Mastercard flows via RLUSD. “A US bank on a public chain?” one cynic snorts. “As likely as a snowstorm in July.”
The market, briefly stirred by November 6th’s spark, now lies smoldering at $2.18. “A 5% drop in 24 hours,” the headlines sneer. “Welcome to crypto’s eternal winter.”
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2025-11-07 16:08