Intro
Plot twist: XRP, the coin your uncle still calls X-B-R-P, just strapped on rocket skates and shouted “To the Mel Brooks Moon!” 🚀 The poor dollar signs are clutching their pearls while investors yell “It’s alive! It’s alive!”
$3.25-up 8% since last week and laughing 17% in the face of this month’s lows. 😄
Per the crypto.news clown car, XRP is trading at $3.25, up a “modest” 0.92% in 24 hours-modest being French for “don’t mind me, just moon-walking past you.”
Market cap? A chunky $192.2 billion-bigger than the budget of Spaceballs 2: The Search for More Money 💰! Volume’s up 22% to $10.3 billion because apparently everyone wants front-row tickets.
Why is XRP climbing? (Spoiler: It’s not the StairMaster)
The whole crypto circus is booming-Bitcoin’s flexing, Ethereum’s twerking, even the clowns in the altcoin car are honking louder.
Ripple finally got the SEC off its back like a bad toupée. Years-long lawsuit? Over! Uncertainty? Gone! Investors are now doing the Hora in whale costumes. 🐋💃
VivoPower, a Nasdaq company that used to just sell batteries, announced it’s going full Scrooge McDuck-planning to scoop up $100 million of XRP. Because why not diversify into magic internet beans, right?
900 million $XRP scooped up by whales in 48 hours!
– Ali (@ali_charts) August 11, 2025
And the rumor mill is spinning faster than a dreidel on Hanukkah: 95% odds some suit in Washington approves an XRP ETF this year. If that happens, even my Aunt Sylvia will be buying. 📈👵
What’s next-or: “Will it sneeze at $3.40 and knock over grandma’s china?”
On the daily chart XRP sits above every moving average like a cat on a refrigerator-smug and untouchable. First speed-bump: the 20-day EMA at $3.14. Trip-wire after that: 50-day EMA at $2.93. Long-term EMAs lurk way, waaay lower, just in case gravity ever wins. 🙈
$3.35-$3.40 is the velvet rope at the club. Bust through and the bouncers might let it tango toward $3.60, then shimmy to July’s high around $3.75.
RSI is chilling at 56.9-not yet “call the doctor” overbought, more like “had a double espresso but still remembers Grandma.”
Derivatives data? Futures volume jumped 29% to $14.12 billion; open interest up 6% to $8.83 billion. Options volume exploded 250%-because nothing says “steady hands” like betting your lunch money on leveraged moon math. 🎰
Bottom line: Hold $3.20 and the rally keeps tap-dancing. Lose it and we may re-test $3.00 or even do the limbo under $2.90-$2.80. Until then, cue the Springtime for XRP musical number! 🎶
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2025-08-14 12:50