Crypto Chaos: Shiba Soars, XRP Fights Its Demons & BlackRock Dumps Again! 🚀💥

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Shiba Inu Gets a Second Wind – Is the Crash Over?

Look, folks, Shiba Inu decided it’s had enough of the floor and are trying to claw their way back. The RSI (that’s the silly thing traders look at) is finally inching away from that deep, dark oversold abyss. Bear market? Maybe. Or just a really dramatic coffee spill? Who knows! ☕🐶

  • Price Action: SHIB bounced back from what was basically a market panic attack. Think of it like that moment when you realize you’ve overslept and rush out the door without breakfast – but somehow, the chaos pauses for a sec.

The slide was stopped because technical indicators hit levels only seen when investors are officially freaking out. Turns out, it might be exhaustion rather than total annihilation, giving hope for a little bounce rather than a tumble into the abyss.

Picture this: ATM full of cash, but all the major moving averages (like the 50, 100, and 200-day ones) are hanging above SHIB’s price, sneering at it like a parent watching a toddler wobble. This suggests a slow, controlled downfall rather than a total meltdown. With steady trading volume, it’s probably a slow, sad unwind, not a panic sprint.

XRP’s November? Not Exactly the Fairytale We Waited For

Fresh off the crypto rollercoaster, XRP takes a 17% nosedive, breaking from its usual November heroics. Looks like December’s wishlist just got longer. 🎢

  • XRP’s Streak of Growth: This precious crypto has six days to pull a miracle and match the 79.9% average rise November used to bring. Remember when it was $3 and everyone was dreaming of $5? Good times…

Right now, XRP is hanging around $2.60, a sad fall from the final October days. Thanks to the crypto sector’s wild mood swings, our favorite digital fish is swimming against the current – currently on a decline of 18.1%, the worst since 2020. Oh, sweet disappointment. 🤷‍♂️

BlackRock’s Crypto Shopping Spree – Or Is It a Fire Sale?

BlackRock, the giant with a wallet the size of Texas, keeps piling on Bitcoin and Ethereum like it’s shopping for a summer sale. On November 24, it dumped another 2,822 BTC and 36,283 ETH into Coinbase Prime. Sounds impressive, right? Just wait.

Looks more like they’re trying to offload a ton of crypto, despite all the signs pointing to a market rebound. Who needs patience when you’ve got a portfolio that big? Last week, they sold over $2 billion worth of crypto in a blink, because why not?

  • Institutional Dump? Yep. Despite the ‘green shoots’ hinting at recovery, BlackRock’s still mouthing ‘sell’ louder than ‘buy’. Looks like they’re playing chess while everyone else is playing checkers.

So, while the market’s trying to calm down, BlackRock’s busy throwing digital dollars into the abyss. Phew, what a time to be alive! 🚀💸

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2025-11-25 23:29