The market is not exactly getting an influx of fresh capital, darling. As various assets plummet with the grace of a drunken ballerina, any hope of a recovery by 2025 seems increasingly like a figment of someone’s imagination. You see, new investments are the heartbeat of a market. Without them, it’s just a limp, lifeless thing. Trading volumes shrink, and liquidity evaporates faster than a soufflé in a heatwave. And where, pray tell, does that leave assets like Dogecoin and XRP? Oh, somewhere near the bottom of a very long list.
XRP’s On-Chain Activity: A Disastrous Meltdown
XRP’s network activity has plummeted, darling. In fact, it’s crashed harder than my attempt to cook Thanksgiving dinner. On-chain data shows that XRP’s payment volume has nosedived by nearly 90% from its October peak. Yes, you heard that right-90%. A small consolation, however, is that it’s now resting comfortably at a mere 200 million XRP. What a comforting number. Truly.
But wait, there’s more! The number of daily transactions has also taken a sharp dive, from over a million in early October to fewer than 500,000. Could it be that institutional interest is waning? Or is it just the market deciding to take a prolonged nap? Either way, XRP’s technical outlook is not looking like the star of the show. It’s currently trading at $2.41, and a hefty 5% loss over the past day has it grappling with its 200-day moving average. Resistance is building at $2.70-$2.80, and if the market can’t find support at $2.20, things are about to get very ugly. Worse than my last breakup, darling.
In summary, XRP is teetering on the brink of a disaster. If it can’t rally soon, $2.00 might be next-unless liquidity miraculously reappears. But I’m not holding my breath.
Is This the Worst Time Ever for DOGE?
To make matters worse, Dogecoin has also dropped below its 200-day moving average, which is never a good look. The moving averages are now in full downward slant, and if bulls don’t show up soon, it’s only going to get worse. With volume shrinking, no one seems to be buying. Even the RSI (at a staggering 35) tells us that sellers are winning this battle. And, if things get any worse, the $0.16 support might be the only thing standing between DOGE and a journey to the land of $0.10, where no meme coin has ever returned from.
The Pressure’s Mounting on Shiba Inu
Shiba Inu, bless its little heart, is not faring much better. The price is currently trending towards $0.0000095, and over the past day, it’s dropped by more than 5%. SHIB has been stuck in a relentless downtrend since early summer, and if it hasn’t been able to recover key moving averages by now, there’s little hope for a miraculous recovery in the near future. A true tragedy.
Currently, SHIB is still languishing below its 200-day moving average, which is a clear indication that long-term prospects aren’t looking peachy. The 50-day and 100-day moving averages are also declining, giving absolutely no hope of a reversal any time soon. And with every attempt at a breakout quickly rejected, it’s clear that SHIB isn’t on anyone’s hot list right now.
So, what does SHIB need to rise from the ashes? Well, the market would have to start showing some signs of life, ideally powered by Bitcoin’s return to glory. And, of course, Shiba Inu’s layer-2 solution, Shibarium, would need to prove that it’s not just another poorly executed idea with no real utility. Should the stars align, SHIB might reclaim $0.000012-$0.000013 and start a slow march toward recovery. But that’s a big ‘if’.
Until then, darling, we’ll just have to watch as Shiba Inu stays range-bound below $0.000012, and we’re left dreaming of the great retail resurgence that could carry it into early 2026. Fingers crossed! 💅
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2025-11-04 03:18