You know youâre in for a ride when the crypto worldâs drama unfolds like a daytime soap opera. XRP, darling, just went from stage diva to âitâs complicatedâ-talk about a mood.
XRP’s Cha-Cha Slide Back to Bearishness
So XRP came back from its little “authentic recovery” jaunt only to get slapped with bearish momentum. Itâs like when youâre trying to trim your bangs, but you end up with a Mohawk. A slip of about 1.7% in price happened and guess what? Those pesky sellers are back, leading the show from the front rows.
The chart looks more haunted than Crystalâs Instagram. Lower highs have been the theme of late, making a new Fashionably Late movie look predictable. XRP now lounges below the 200-day moving average-clearly a bad omen. And the RSI? Oh, itâs less than motivated, lingering below 40, while the sell-side activity ramps up like a bad infomercial pitch.
If $1.00 isn’t daring enough, get ready for the plunge toward $2.20-$2.00. Unless thereâs uproarious positivity or some serious liquidity, XRP might just keep stumbling. Itâs like watching Don Draper on a bad day-full of potential but really going nowhere.
Shiba Inu‘s Struggle: The One With the Zero
Shiba Inu was flirting with a comeback, but its ill-fated affair with the market brought back that certain zero level-cue the dramatic theme music. Currently, it’s making less than $0.0000090, and the recovery dreams might just have to go on, er, a diet.
The bears are out partying hard at the expense of SHIB, knocking it below $0.0000099 with swift precision. The chart is breaking down like my high school plans for “After” prom. Itâs wandering towards $0.0000085 and could easily tumble to $0.0000075-yawn.
Indicators? More like dishearteners. The RSI is lackluster below 40, and volume is dropping like burnt popcorn in a microwave. Until SHIB can make $0.0000100 look good, brace yourself-more corrections are coming, folks.
Bitcoin‘s Temporary Glow Now Fades
Hold onto your gold-Bitcoin just said, âSeen better days,â by shedding its $110,000 reign. Down again by around 1.8%, it now wobbles around $108,000, miserably clinging to the $107,000 support line which wobbles more than Elaineâs low horseback rides.
Trading’s acting like a seesaw: big boys selling in volumes, momentum hitting the snooze button. No one factorâs to blame, but short-term traders were more like ticket scalpers in a frenzy. Institutional interest kind of hit the snooze button too-seems theyâre just not in love with Bitcoin right now.
Looking forward, $106,000 beckons as immediate support-itâs practically chest-thumping at buyers to come back. If that doesnât work, $102,000 offers some cheeriness, with historical demand just waiting for its moment in the spotlight. On the upside, youâve got the $112,000-$114,000 zone, The RSI isnât jumping to conclusions right now, teetering between 40 and 45-clearly undecided, whatever does that even mean?
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2025-10-22 03:16