Shocker – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 16:26:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.10 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Shocker – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ripple’s Weekly ATH Shocker: How Far Can XRP’s Bull Run Go? https://earlybirdsinvest.com/ripples-weekly-ath-shocker-how-far-can-xrps-bull-run-go/ https://earlybirdsinvest.com/ripples-weekly-ath-shocker-how-far-can-xrps-bull-run-go/#respond Mon, 15 Sep 2025 16:26:19 +0000 https://earlybirdsinvest.com/ripples-weekly-ath-shocker-how-far-can-xrps-bull-run-go/

TL;DR

  • XRP broke the $3.03 resistance with its weekend close, setting the stage for a potential rally toward $3.65 soon.
  • Weekly RSI nears bullish crossover, signaling possible continuation of upward price momentum.
  • $2.80 remains critical support as whales sell over $500M XRP with minimal price impact.

XRP Moves Above Weekly Highs

Ripple (XRP) closed the recent weekly candle above $3.03, surpassing its previous all-time high on the weekly chart. This move took place alongside a break of a descending trendline that had been in place since July. Market participants are watching this closely as it marks a shift from the pattern of lower highs seen in previous weeks.

Analysts are viewing the breakout as a technical development that could lead to further movement. The $3.03 level, previously acting as resistance, may now offer support. If the asset holds, the next target is around $3.65, a level previously identified during earlier moves.

On the weekly chart, XRP’s Relative Strength Index stands at 58, with the RSI moving average slightly higher. The two lines are close to crossing, which would indicate rising strength in price movement if completed.

Cryptoinsightuk commented that they are “watching for weekly RSI bullish cross.” This technical signal is being monitored as it tends to appear ahead of trend continuation when supported by price and volume. A confirmed crossover could support XRP’s recent breakout from the downtrend.

Short-Term Chart Pressured by BTC Pair

On the daily timeframe, the asset closed with minor losses. The XRP/BTC pair was the primary influence, as it traded lower. This movement is not unusual, as XRP/BTC is testing a symmetrical triangle pattern and reacting to a recent double-top.

According to Cryptowzrd, XRP will likely show more decisive price action if it clears $3.1320. They noted,

“As soon as the market moves above the $3.1320 resistance target, it will offer an impulsive bullish move.”

The zone remains a focus for short-term traders looking for a new entry. Until then, short-term price action may stay limited.

Support at $2.80 Holds Over 2 Billion XRP

Glassnode’s cost basis distribution heatmap shows that over 2 billion XRP are held between $2.80 and $2.82. This range has become one of the largest supply concentration areas in recent weeks. Activity in this zone indicates that a large number of holders entered the market around these prices.

Ali Martinez, a market analyst, called this range “the most important support level for $XRP.” The asset has remained above this area, reinforcing it as a level where holders are defending positions. If it moves lower, this area is expected to serve as strong support.

As reported by CryptoPotato, recent data shows large XRP holders, often referred to as whales, have reduced their positions. Last week, 40 million XRP were sold within 24 hours, equal to more than $120 million. Over the past two weeks, this figure rose to 160 million XRP, totaling nearly $500 million in value.

Despite this, XRP’s price held above $3 and moved higher to reach $3.19 on Saturday. This was the highest price level in a month. The market’s ability to absorb this volume without a sharp decline shows continued demand at current levels.

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]]> https://earlybirdsinvest.com/ripples-weekly-ath-shocker-how-far-can-xrps-bull-run-go/feed/ 0 58587 Crypto Shocker: Sam Bankman-Fried Breaks Silence After Two Years https://earlybirdsinvest.com/crypto-shocker-sam-bankman-fried-breaks-silence-after-two-years/ https://earlybirdsinvest.com/crypto-shocker-sam-bankman-fried-breaks-silence-after-two-years/#respond Tue, 25 Feb 2025 14:06:46 +0000 https://earlybirdsinvest.com/crypto-shocker-sam-bankman-fried-breaks-silence-after-two-years/

Former FTX CEO Sam Bankman-Fried has resurfaced on social media following a protracted two-year hiatus. The sudden reemergence on X, late Monday evening, triggered a flurry of debates throughout the crypto sphere. Bankman-Fried, who is currently serving a 25-year sentence at the Brooklyn Metropolitan Detention Center for orchestrating one of the largest crypto scams in history, used the platform to reflect on the trials of terminating employees and navigating internal corporate hurdles.

Crypto’s Most Notorious Figure Resurfaces

“I have a lot of sympathy for gov’t employees: I, too, have not checked my email for the past few (hundred) days … And I can confirm that being unemployed is a lot less relaxing than it looks,” he began, in a series of posts that many observers found unexpectedly introspective. Over the course of ten tweets, he provided blunt assessments of what he describes as the universal challenges of letting staff go, remarking that it “sucks for everyone involved,” while also emphasizing that “it is usually not the employee’s fault that they got fired” but that “it is usually correct to let them go anyway.”

Bankman-Fried went on to detail how, in his view, systemic organizational misalignments sometimes necessitate dismissals, whether due to mismanaged departments, ill-fitting work environments, or a mismatch of talents and roles. “Maybe we just didn’t really have anyone free to manage them right then. Maybe they worked best remotely, but our company communicated in-person,” he wrote. “Maybe they wanted to work on a particular project, and it just wasn’t what the company needed.”

He also discussed issues that stem from organizational confusion, citing an example in which “competitors […] hired 30,000 too many employees” and departments were left uncertain of the tasks at hand. In his words, “There’s no point in keeping them around, doing nothing.”

While the tweets offered unvarnished opinions on corporate culture and responsibilities, they have raised acute questions about the practicalities of Bankman-Fried’s social media usage from within the Brooklyn Metropolitan Detention Center. Legal experts and onlookers alike have expressed curiosity about how the former crypto magnate is gaining access to X. As of this writing, his legal team has not provided clarifications regarding the mechanisms of his account management or whether his statements were relayed through intermediaries.

Only days prior to this online reappearance, Bankman-Fried gave his first interview from prison, in which he openly voiced hope for a presidential pardon. During that interview, he characterized his conviction as emblematic of what he sees as prosecutorial overreach under the Biden administration.

Although details remain sparse, sources close to the Bankman-Fried family have indicated that his parents are exploring every possible avenue to secure relief. Reports suggest they have initiated conversations with lawyers possessing ties to figures in the Republican Party, including those close to Donald Trump, as part of a broader strategy to seek a presidential commutation or pardon.

The FTT token experienced a brief surge following Bankman-Fried’s posts but has since come under pressure due to the broader crypto market downturn. As of press time, the FTX related crypto token FTT was trading at $1.72.

FTT token price
FTT price, 1-day chart | Source: FTTUSDT on TradingView.com

Featured image from Engadget, chart from TradingView.com

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