Get ready for a rollercoaster ride through the unpredictable world of cryptocurrency! In this episode, we dive deep into some of the most unbelievable XRP price glitches ever recorded, from a fleeting $0.0001 on Bitrue to an astonishing $161 million displayed on CoinMarketCap and Coinbase. We'll explore these bizarre anomalies, including the $7,308 spike on Coinbase in 2019 and the $21,000 flash on live TV on Real America's Voice. Discover how technical malfunctions and low liquidity on certain platforms have led to these "CRAZY Crypto Swings". Notably, these glitches did not reflect actual market sentiment or trades at the time but showed how vulnerable crypto platforms can be to data feed errors or low liquidity issues.
But the crypto market isn't just about glitches! We'll also analyze the exciting potential for Stellar XLM to experience a major breakout. On-chain data reveals a significant surge in activity, with over 1.4 million active addresses and more than 74 million transactions in the last 30 days, positioning Stellar as one of the most active blockchains. We'll examine the rising open interest in XLM futures contracts and bullish technical indicators like the Relative Strength Index (RSI) climbing to 63.42 and a strengthening trend indicated by the Average Directional Index (ADX) rising above 30. This suggests Stellar is gaining momentum, and if current trends continue, its price could increase significantly. XLM currently trades at around $0.24, after establishing rock-bottom support above $0.182, setting the stage for a potential retest of the 200-day moving average (200DMA) around $0.27. Analysts remain hopeful for a positive move contingent on the performance of its "sister token" XRP.
Finally, we tackle the bold predictions for the king of crypto, Bitcoin. Ripple CEO Brad Garlinghouse has revised his forecast, now suggesting that Bitcoin could reach $200,000 by the end of the year. He believes that a shifting regulatory landscape in the U.S. and improving market sentiment could fuel this surge. We'll also touch upon the even more ambitious projections from DeepSeek AI, which envisions a base case for Bitcoin between $100,000 and $150,000 in 2025, with a bullish "hyperbitcoinization" scenario potentially hitting $350,000, and a black swan scenario predicting a peak of $500,000. DeepSeek AI also predicts that XRP could trade between $3.50 and $5.00 by the end of 2025.
Tune in to this action-packed episode for a comprehensive look at the wild price swings, potential breakouts, and headline-grabbing predictions shaping the crypto market right now!
Disclaimer: Please remember that the information discussed in this podcast is for informational purposes only and should not be considered financial advice. Crypto investing involves significant risk, and you could lose all of your capital. Always conduct thorough research before making any investment decisions.
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Intentionally Disturbing
Join me on this podcast as I navigate the murky waters of human behavior, current events, and personal anecdotes through in-depth interviews with incredible people—all served with a generous helping of sarcasm and satire. After years as a forensic and clinical psychologist, I offer a unique interview style and a low tolerance for bullshit, quickly steering conversations toward depth and darkness. I honor the seriousness while also appreciating wit. I’m your guide through the twisted labyrinth of the human psyche, armed with dark humor and biting wit.