On the fateful day of October 23, the illustrious Donald Trump, with a flourish of his pen, bestowed a full pardon upon Changpeng “CZ” Zhao, the architect of Binance, the colossus of the cryptocurrency realm. đ
Well, my dear, XRP is currently prancing around $2.46, up a modest 2-3% in the last 24 hours. Itâs been lounging in a descending triangle, but the latest candles suggest a flirtation with bullishness. Buyers have swooped in near the $2.30-$2.35 support zone, forming what could be a delightful little bottom. The RSI, sitting at 43, leaves plenty of room for upward shenanigans. A breakout above $2.60-$2.70, and we might see XRP waltzing toward $3.00, closing the gap on BNBâs market cap with a wink and a smile. đ
In a chat with crypto guru Anthony Pompliano (aka @APompliano, the man who turns jargon into gold), Lee dropped this bombshell: There will be 50% drawdowns.
đ„ Ouch. And why? Because Bitcoinâs still got the emotional range of a teenager-reacting to market moves like itâs drama central. đ
The tokenâs valuation, currently perched at a modest $2.45 (as per CoinGeckoâs almanac), has fluttered upward by 7% this week, a mere trifle in the grand tapestry of market cap. Analysts, those modern-day prophets, whisper that XRPâs recent dance mirrors the 2017 gala, though one might wonder if theyâre recalling the champagne or the hangovers. One proclaims XRP is trapped in an upward channel, a golden cage, while another envisions a $10 crescendo-proof that optimism, like a well-timed joke, is always in season.
Oh, the fundamentals! They ascend to celestial heights, while SOL, like a weary traveler, stumbles against invisible barriers. A breakout? Patience, dear soul-the hour is not yet ripe.
This move would mark one of the most significant steps yet by a major traditional bank toward integrating digital assets into mainstream finance, reflecting growing confidence in cryptocurrencies as legitimate financial instruments. Or, as I like to call it, “the day the bankers finally realized theyâre behind the times.” đ°ïž
Is this a sign of the Great Bitcoin rotation or just an old guy testing his pension fund? Experts are debating whether this is a sign of an impending sell-off or just OG curiosity. Earlier this year, a different wallet-possibly from the same era, but less famous-sold 80,000 BTC. Yep, like an old man selling his vintage comic book collection, then complaining about inflation.
Notre cher analyste Plan C, un homme de flair, clame avec un sourire en coin quâil y a une chance sur deux – 50% – que Bitcoin soit le fruit dâun Ă©minent agent gouvernemental. Mais ne vous mĂ©prenez pas, il chĂ©rissait lâespoir quâun hĂ©ros altruiste ait donnĂ© naissance Ă cette crĂ©ature numĂ©rique. Ah, la douce naĂŻvetĂ©! đ
White House Press Secretary Karoline Leavitt, with all the seriousness of a woman who had just discovered her umbrella was upside down, declared: âPresident Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency.â As if the entire enterprise was less about justice and more about a game of high-stakes chess played with less regard for pawns and more for the spectacle of the kingâs gambit.
Oh, the crypto drama that unfolded on Friday! đ€Ż The Polymarket bettors were like vultures, swooping in to wager on the potential return of Changpeng “CZ” Zhao to Binance, after President Trump dropped the bombshell – a pardon for the crypto mogul! đ€©