Well, well, well! Look who decided to crash the party! XRP, the asset that traders thought would be as exciting as watching paint dry, just pulled a fast one on everyone. DonAlt, the trader with a crystal ball (or maybe just a really good guess), thought XRP would be chilling between $2 and $2.60 for a while. But surprise! It broke through that range quicker than a toddler on a sugar rush. DonAlt even called the chart “excellent.” I mean, when was the last time you heard a trader use the word “excellent” without a hint of sarcasm? 😂
Meanwhile, Bitcoin is still playing hard to get, hovering below $100,000 like it’s the hottest club in town. And the other altcoins? Let’s just say they’ve taken more hits than a piñata at a kid’s birthday party. XRP did dip too, down 20.25% from its January all-time high, but don’t grab the smelling salts just yet! Some experts say a little correction is like a spa day for the market—refreshing and necessary. 🧖♀️
So, what’s keeping XRP afloat while others are sinking like the Titanic? It’s all about the fundamentals and technicals, baby! On the fundamental side, we’ve got ETF speculation. The SEC has a buffet of applications on the table, and investors are watching like it’s the finale of a reality show. If an XRP ETF gets the green light, it could send the market into a frenzy. Talk about a plot twist! 📈
$XRP
I’m bullish this thing and even I expected a longer range in between $2 and $2.6
It’s outdone my expectationsExcellent chart
— DonAlt (@CryptoDonAlt) February 19, 2025
On the technical side, we’ve got a growing army of XRP holders. Santiment reports that since early December, the number of wallets holding over 100,000 XRP has increased by 261. That’s a 0.8% rise—nothing to write home about, but hey, it’s steady! Like that one friend who always shows up to brunch but never orders anything. 🥂
No Wild Hype
The numbers are telling a story that even a toddler could understand. XRP’s market cap? Up 6% yesterday. Over the past week? A 9% gain. In a crypto world where everything else is throwing tantrums, XRP is like the calm kid in the corner, just doing its thing.
And get this: XRP’s price against Bitcoin has surged 297% since Nov. 11, 2024. In a market where many altcoins are flailing like they just got dumped, that’s no small feat. 💪
This price action isn’t just random luck; it’s a cocktail of speculation, market positioning, and long-term investor confidence. XRP is not just a pretty face; it’s attracting attention for its performance and the potential it represents. ETF possibilities, institutional interest, and a growing base of committed holders. No wild hype here—just a strong, steady presence in a market that feels like a rollercoaster ride without the safety bar. 🎢
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2025-02-20 13:33