Shiba Inu price rebounds The market crash might finally stop here, as momentum indicators like the RSI are slowing down bearish momentum. Price action. SHIB recovered from an extremely oversold RSI level. Shiba Inu recently recovered from one of its few remaining technical anchors, an incredibly oversold RSI. For the time being, the slide was stopped solely by the indicators scraping levels that typically only show up during capitulation phases, according to the TradingView chart. One of two patterns typically occurs when an asset falls into deep oversold territory while the price prints new multimonth lows: either exhaustion selling that precedes a rebound, or the initial phase of a protracted downtrend that grinds lower until liquidity dries up. Rebound scenario. All major moving averages remain above price. Due to sellers’ eventual lack of momentum, SHIB currently appears closer to the first scenario. Every major moving average, including the 50, 100 and 200, is stacked above the price, indicating a persistent macro downtrend. The fact that volume remained comparatively steady throughout the decline lends credence to the theory that this was a controlled, but gradual, unwind rather than panic-selling. XRP price history. XRP has six days to match its historical November average growth of 79. 9%. XRP traded around $2. 60 in the final days of October 2025, a drop from the psychological $3 level, as a result of the broader cryptocurrency sector volatility. Many investors looked forward to November as a month when the coin would explode in an upward rally toward $5. Notably, Cryptorank data shows that XRP has six days to rewrite its negative history to align with its monthly average growth rate of 79. 9% for November. This is a big spike for the asset, whose growth rate for October stands at a negative 5. 14%. Worst drop in 5 years. Broader crypto market fluctuation heavily impacting XRP’s performance. As expected, many investors were anticipating an explosive price rise in November to align with history. However, the broader crypto sector fluctuation has greatly impacted the performance of XRP, just like other projects. 1%, which is the biggest drop seen for the coin since 2020. BlackRock deposits another large BTC and ETH batch to Coinbase Prime BlackRock continues its aggressive selling streak. Crypto deposits. Lookonchain reports BlackRock deposited 2, 822 BTC and 36, 283 ETH on Nov. 24. BlackRock might not be slowing down on its aggressive crypto deposits anytime soon, as data from on-chain monitoring firm Lookonchain shows that the firm has offloaded another massive amount of Bitcoin and Ethereum today. According to the data source, the leading asset management firm made another major deposit of 2, 822 BTC and 36, 283 ETH into Coinbase Prime on Monday, November 24. The move, which appears to be another of its repeated sell attempts, has sparked discussions across the crypto community. Institutional dump? The sell-off comes despite signs of a potential market rebound. While the latest sell-off attempt has come at a time when the market is showing signs of a potential rebound as the rapid price correction slows down, it appears that BlackRock is not willing to pause its selling streak despite the market’s green light. Just last week, BlackRock dumped over $2 billion in Bitcoin and Ethereum amid the market downturn.
https://u.today/shiba-inu-shib-sees-new-hope-xrp-price-has-6-days-to-rebound-blackrock-dumps-314-million-in-bitcoin
Tag: psychological
What’s Driving Bitcoin’s Price Down? Is a Rise Still Possible? Analysis Firm Explains!
Bitcoin experienced a major crash last night, with its price falling below the psychological level of $100,000. Singapore-based analysis firm QCP Capital has examined the main reasons behind this recent decline.
QCP analysts pointed out that the drop in Bitcoin’s price was primarily driven by a stronger US dollar and growing uncertainty about the Federal Reserve’s (Fed) future actions. The fall below $100,000 has also negatively impacted risk appetite among investors.
This weakening in risk appetite and ongoing macroeconomic pressures have been reflected in US spot Bitcoin ETFs, which have recorded net outflows of approximately $1.3 billion over four consecutive days. According to QCP Capital, “This reversal in ETFs has turned one of Bitcoin’s strongest tailwinds of 2025 into a near-term headwind.”
In addition, weaker spot demand for Bitcoin has coincided with forced deleveraging, resulting in liquidations exceeding $1 billion in long positions. Investors in the options market have also increased hedging activities around the $100,000 mark, highlighting the cautious sentiment prevailing in the market.
The data currently points to a technical decline in Bitcoin, with significant uncertainty still surrounding the Fed’s decisions. The recent 25 basis point rate cut by the Fed in October—despite rare opposition—has been met with a cautious market stance. This has delayed expectations of a new rate cut in December.
Market pricing currently reflects a 72.1% probability of a 25 basis point cut in December, while a scenario keeping rates unchanged stands at 27.9%.
Despite the prevailing uncertainty and increased macroeconomic pressures, QCP Capital analysts remain optimistic that Bitcoin could rally again. They noted that a sustained upward movement in BTC will likely depend on ETF outflows turning into inflows and a renewed investor confidence in risk assets.
*This is not investment advice.*
https://bitcoinethereumnews.com/bitcoin/whats-driving-bitcoins-price-down-is-a-rise-still-possible-analysis-firm-explains/
Bitwise’s NYSE Listing Update Hints XRP ETF Approval Could Arrive Within 20 Days
The long-awaited XRP exchange-traded fund (ETF) from Bitwise could soon become a reality. Bitwise, the $15 billion asset management giant, has just submitted Amendment No. 4 to its XRP ETF filing with the U.S. Securities and Exchange Commission (SEC), revealing two crucial details. Experts believe such updates usually signal the final step before approval. If cleared by the SEC, the XRP ETF could go live within just 20 days.
On October 31, Bitwise filed Amendment No. 4 with the SEC to update its S-1 form. The latest updated document includes two key details: first, the listing venue will be the New York Stock Exchange (NYSE); and second, the management fee will be 0.34%.
Eric Balchunas, senior ETF analyst at Bloomberg, believes Bitwise’s latest filing marks a major step forward for XRP’s entry into traditional finance. “Adding the NYSE and fee means Bitwise has checked nearly all boxes,” he said. Historically, once issuers include exchange and fee details in their S-1 forms, it usually means they’re just waiting for the final green light from the SEC.
### XRP ETF Could Launch in 20 Days
Following the update, ETF expert James Seyffart of Bloomberg Intelligence provided more context. He noted that Bitwise’s latest filing contains “shorter language” that could allow the product to go live within just 20 days, pending SEC clearance. Seyffart also mentioned that Bitwise isn’t alone—major players like VanEck, Fidelity, and Canary Funds have also updated their filings, signaling that the race to launch an XRP ETF is heating up fast.
Meanwhile, Crypto America host Eleanor Terrett revealed that Canary Funds removed the “delaying amendment” from its S-1 filing, which gives the SEC control over timing. This change sets Canary’s XRP ETF up for a potential launch date of November 13, pending Nasdaq’s approval of its 8-A filing.
### Impact of XRP ETF on Price
After the latest XRP ETF updates, XRP’s price saw a modest uptick, trading around $2.51, reflecting growing optimism among traders. Analysts say that if the XRP ETF gets approved, it would mark the first-ever U.S. spot ETF for XRP—a historic moment that could push the token toward its all-time high price.
At present, XRP faces strong resistance near the $2.75 level. A breakout above this point could open the door for a test of the $3 psychological mark. However, if selling pressure continues, XRP might correct by up to 19%, potentially retesting the $2 support zone within its long-term channel pattern.
Stay tuned as the SEC decision approaches—this could be a defining moment for XRP and the broader cryptocurrency market.
https://coinpedia.org/news/xrp-etf-approval-nears-as-bitwise-confirms-nyse-listing-and-20-day-launch-window/
John Rocker blasts Big Apple again with Zohran Mamdani favored to win mayoral election: ‘F–k New York’
New York City’s mayoral election seems to have only reinforced John Rocker’s negative feelings about the Big Apple. The former Braves relief pitcher took to X on Tuesday to voice his opinion on the state of the race, in which democratic socialist Zohran Mamdani is favored to win.
Rocker, who made headlines with his incendiary comments about New York during a Sports Illustrated interview in 1999, once again expressed his dislike of the city.
“25 years ago I criticized New York for its rapid decline into a third world country,” Rocker began his post. “I was forced to undergo psychological counseling, as if I were the crazy one. 25 years later, the city is voting in a Muslim socialist for mayor. F-K NEW YORK.”
During his 1999 interview with journalist Jeff Pearlman, Rocker didn’t hold back his disdain for New York and its residents. He bashed New York and Mets fans and openly expressed his discomfort with “foreigners.”
“I’d retire first. It’s the most hectic, nerve-wracking city,” Rocker said when asked if he’d ever play in New York. “Imagine having to take the 7 Train to the ballpark looking like you’re riding through Beirut next to some kid with purple hair, next to some queer with AIDS, right next to some dude who just got out of jail for the fourth time, right next to some 20-year-old mom with four kids. It’s depressing.”
He continued: “The biggest thing I don’t like about New York are the foreigners. You can walk an entire block in Times Square and not hear anybody speaking English. Asians and Koreans and Vietnamese and Indians and Russians and Spanish people and everything up there. How the hell did they get in this country?”
Following widespread backlash to the article, Rocker publicly apologized and was mandated by MLB to undergo psychiatric counseling before being suspended for 28 games—a ban that was later reduced by half.
When the Braves came to New York for the first time during the 2000 season, hundreds of NYPD officers provided extra security at a packed Shea Stadium. Many angry fans were ready to voice their displeasure toward Rocker.
In June of this year, Rocker recalled that game on social media, sharing a message similar to his recent post about the election.
“25 years ago today I pitched at Shea Stadium for the first time since the Sports Illustrated article released,” he wrote on X. “More than 700 NYPD were on site. Police escorted one person out of the stadium for throwing a beer bottle at me. We ended up winning that game. F-K NEW YORK.”
https://nypost.com/2025/10/28/sports/john-rocker-blasts-nyc-again-with-zohran-mamdani-favored-to-win-mayoral-election/