Ah, XRP, the eternal tightrope walker of the crypto world! Down 8% in a week, yet still pretending to balance. Flat for 24 hours? More like a tired acrobat taking a nap. 🥱
The charts scream drama, the on-chain data whispers tragedy, and yet, some fools-er, investors-keep buying the dip. Bravo, comrades of optimism! 🎪
Short-Term Gamblers vs. Long-Term Escape Artists
Behold, the HODL Waves-a spectacle of greed and fear! Two short-term cohorts, like circus clowns, have been stuffing their pockets with XRP all month. On October 16, the 1-3 month jokers held 8.94% of the supply. By November 14? 9.17%. Progress, or just more popcorn for the bears? 🍿
Their cousins, the 1-week to 1-month daredevils, jumped from 3.74% to 5.53%. Bravo! But is this accumulation or desperation? 🤡
Craving more of this crypto circus? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter-where the jokes are as risky as the investments! 🎭
Despite XRP’s 7.8% nosedive in 30 days, these short-term tightrope walkers keep buying. Hoping for a bounce? Or just blindfolded? 🕶️
But here’s the punchline: their buying is weaker than a clown’s handshake. Why? The long-term holders-the wise old lions of the crypto circus-are selling like there’s no tomorrow. 🦁💨
On November 3, they dumped 102.50 million XRP. By November 14? 181.50 million. A 77% surge in selling pressure. The lions are leaving the cage, folks! 🚪
Result? XRP’s price is stuck in the mud, thanks to these long-term escape artists. Short-term buying? Just a fart in the wind. 🌬️
XRP: The Tightrope Walker Who Lost His Balance
On the chart, XRP is still wobbling below $2.26-a Fibonacci level stronger than a circus strongman. The push upward? Weaker than a clown’s balloon animal. 🎈
The Chaikin Money Flow (CMF) has plunged like a juggler dropping his pins. Sitting at -0.15, it screams “net outflows!” And breaking below a descending trendline? The big cats are fleeing the tent. When CMF goes negative, the show’s usually over. 🎭
If this weakness continues, XRP risks falling to $2.06. Break below that? The bulls will cry, and the bears will feast. 🐻🍴
Only a daily close above $2.38-a level as stubborn as a circus master-can save the day. Clear it, and maybe, just maybe, the bulls will roar again. But until then? It’s all just a sideshow. 🎪
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2025-11-15 17:42