Ah, XRP, that digital gewgaw, has deigned to scrape above the lofty summit of $3, having sprinted upward by more than a trifling 3% in the past day. One suspects the whales – those behemoths of the bourse – have been busily squirreling it away these many weeks, like some dowager hoarding silver spoons.
Fortress Wall of Support and the Great Whale Jamboree
The charts, those inscrutable oracles of our modern oracle, proclaim that $2.80 has stood as an unyielding bulwark, warding off the barbarians of deeper despair and forging a veritable bastion for resurgence. In the mere span of 48 hours, these leviathans have gobbled up over 250 million XRP, with another 120 million garnered in three days’ dalliance.
250 million $XRP bought by whales in 48 hours!
– Ali (@ali_charts) October 1, 2025
These peregrinations, amounting to fortunes that might fund a minor war or two, suggest that the grand institutions are gleefully exploiting the petty frights of the retail rabble – oh, the delightful irony! 🤡
Recalling the 2017 Idyll, When Skeptics Were Hoist by Their Doubts
XRP’s present demeanor eerily mirrors that splendid burst of bluster from 2017, when doubt curdled into a parabolic romp, ensnaring the unwary in its silken web. Today, it exhibits a comparably promising profile, with $3.40 looming as the next insurmountable gate. 😉
$XRP is still in a clear macro uptrend, with the July pullback looking more like a mid-cycle pause. The $2.65 level has held firm so far. Price is coiling in a falling wedge (patterns that often resolve higher). Key resistance sits at 3.40. A breakout there could unlock 5+ this…
– More Crypto Online (@Morecryptoonl) October 2, 2025
Should this Rubicon be forded, the sages foresee a dash to $5 – what larks! The $2.65 level persists as the immutable bedrock of the overarching ascent.
The ETF Folly: A Potential Spark for More Follies
The mighty U.S. Securities and Exchange Commission, that bastion of bureaucratic ennui, is slated to adjudicate upon various XRP ETF supplications in the month of October. Should they deign to approve, it might unleash torrents of institutional lucre, echoing Bitcoin’s ecstatic jig when ETF mania seized the stage. Yet even sans such benediction, the fourth quarter has oft been the season for crypto’s annual masquerade, affording the whales yet another pretext to augment their hoards. 🎭
The Dreadful Prospect of Whither XRP
At this juncture, XRP is dithering around $3, with short-term tempests brewing. But those stalwart long-term adherents trudge on undaunted. If it surmounts $3.65 and thence $4.50, XRP might venture into uncharted realms of valuation discovery. The augurs aver such a gambol would herald loftier pinnacles, bolstering the notion that this rally is but a precocious whelp in its infancy. 🍼
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2025-10-02 20:38