BNB didn’t just surge-it did the crypto equivalent of a backflip with a triple axel. Within 30 minutes of the pardon news, it rocketed from just above $1,060 to a high of $1,148. Because, you know, nothing says “I’m innocent” like your cryptocurrency spiking faster than a caffeine-fueled squirrel. 🐿️
Stedas recently penned a riveting piece entitled “You are still not bullish enough on $XRP” (I know, it lacks a certain pizzazz, but bear with me). He pointed out a company called Evernorth, which has grand ambitions to manage a colossal 560 million XRP. If that number doesn’t make your jaw drop, the realization that they’re now the largest publicly listed XRP treasury company might just do the trick! Apparently, big players are actually building serious projects around this altcoin instead of just day trading it like it was poker chips at a poorly run casino. 🎰
Zero fees, a charming gesture, yet the hearts of traders remain as cold as a winter’s night, for they crave transparency like a parched soul craves water 💧.
Binance coin (BNB) and Solana (SOL) led the wider altcoin market in mild recovery on Thursday. Following the sudden crypto rebound, around $366 million was liquidated from the leveraged crypto market. Congrats to the alts-finally getting their 15 minutes of fame while others sit in the crypto bleachers. 🏅
Below this zone, the air thickens with selling pressure, trapping the DOGE price in a straitjacket of indecision, its tightest range in weeks. 📉
Cue Chris Larsen, Ripple’s co-founder, who’s cashed out $764 million in XRP since 2018. Maartunn, our resident crypto detective, points out Larsen’s sales sync with market peaks like a villain in a rom-com. Is this profit-taking or just crypto’s version of a “get rich quick” scheme? Either way, the market’s watching like it’s a reality TV finale.
Specter, who probably has a crystal ball hidden under his desk, calls this move “incredible” (his words, not mine). He says Doge is breaking past a level that’s been holding it back like a bad ex. The RSI (Relative Strength Index, for those of us who didn’t major in Crypto-Speak) is having a breakout moment, and it’s looking fabulous. 💅📈
With selling signals stronger than a Steinbeck protagonist’s despair, XRP might just be in for a rough ride come next market session. 🤠
Intra-day volatility, that fickle mistress, reached near 5%, with the price swinging within a narrow $0.0084 range-the fleeting illusion of stability. The rejection from the lofty $0.1690-$0.1697 zone, now a haunted place of resistance, foreshadows another descent as the bearish reversal pattern haunts traders’ dreams, whispering of weaker market sentiment and impending doom.
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