XRP Macro Wick 2 Target $50 as Analyst Says XRP Still in a Bullish Phase

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**XRP Remains in a Powerful Accumulation Zone, Analyst EGRAG Maintains Bullish Outlook**

*Written By: Sam Wisdom Raphael | Follow TheCryptoBasic*

EGRAG Crypto, a well-regarded XRP community analyst, insists that XRP remains within a powerful accumulation zone despite recent market turbulence. His bullish stance arrives at a time when XRP has corrected alongside the broader crypto market amid widespread uncertainties.

Between November 3 and 4, the total crypto market capitalization lost nearly $350 billion, with XRP collapsing 13.16% during this period, dropping to the $2.20 price level.

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### XRP Still in a Bullish Position

Despite the recent pullback, EGRAG remains confident in XRP’s long-term prospects. In his latest analysis, EGRAG confirmed that he is presenting his commentary without fear despite the market bloodbath.

He explains that his optimism is rooted in the fact that nothing has changed on the higher timeframes, as XRP continues to maintain its long-term bullish structure.

EGRAG highlights a significant data distortion that occurred on October 10 across several exchanges including Binance, Bitstamp, and Coinbase. Although this distortion led to conflicting data, he identifies $1.40 as the true low on October 10.

According to the analyst:

> “As long as XRP holds above the $1.94 support area, it maintains its bullish structure.”

Within this support zone, XRP remains in one of the most powerful accumulation zones seen by investors. EGRAG urges investors to capitalize on this level while panic is prevalent, warning that hesitation could lead to regret later.

Data from his chart shows that XRP continues to trade within a range it formed after a drop from $3.40 in January 2025. During the crash on October 10, the altcoin retested the lower trendline of this range, but bulls stepped in to defend the support and XRP rebounded back into the range.

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### Micro Wick Target at $10; Macro Wick Target at $50

As XRP trades near the lower trendline of this structure, EGRAG remains bullish. He explains that should the recovery lead to an upward breakout, the first target — which he calls Micro Wick 1 — stands at $10. This target represents a 326% increase from XRP’s current price of $2.34.

Furthermore, EGRAG notes that, if the ongoing correction corresponds to a Macro Wave 2 pullback, the subsequent Wave 3, which would signify the recovery phase, could target a price range between $14 and $25. This projection is based on 1.618 times the increase observed during Wave 1.

EGRAG also highlights the possibility of a Macro Wick 2 following Micro Wick 1. He references some analysts predicting that XRP could revisit the low point of $0.77 seen during the crash on Binance’s exchange on October 10.

However, he argues that:

> “If the market fills the downward wick to $0.77 on Binance, it could also fill the upward wick on Gemini to $50.”

For context, shortly after Gemini listed XRP for the first time in August 2023, a brief price spike occurred reaching $50 due to thin order books. According to EGRAG, if XRP does move toward filling such wicks, the $50 mark represents a real blowoff wick target.

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### Disclaimer

This content is for informational purposes only and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not necessarily reflect the views of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses incurred.

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### About the Author

Sam Wisdom Raphael is a seasoned crypto news writer and journalist with five years of experience covering blockchain, DeFi, and cryptocurrency developments. His active presence in the crypto community complements his deep understanding of the space, enabling him to craft clear price analysis reports and explain technical blockchain concepts.

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### Related Articles and Market Insights

– **Market Veteran Targets XRP Rally to $4.50, Says XRP Consolidation Period Is Over**
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– **Cardano Falling Wedge Breakout Eyes Run to $1.2 Before Uptick to $2.91**
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– **Bitcoin Dominance Hits a Tipping Point as Analyst Sees Altcoin Season Ahead**
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– **Ethereum Closes in on Bitcoin Annual Performance Following Strong Q3**
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– **Citibank Predicts Bitcoin to Hit $231K, Ethereum $7.5K Within Months**
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– **XRP Could Surge if Ripple Captures 40% of $50T B2B Payments Market by 2032**
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– **Shiba Inu Falls to 23-Month Low – Analyst Discusses Future Prospects**

– **Dogecoin Eyes Bull Cycle Repeat; Analyst Predicts Possible Surges**

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Stay tuned for more updates and in-depth crypto analysis here at The Crypto Basic.
https://thecryptobasic.com/2025/11/06/analyst-xrp-bullish-phase-macro-wick-target-50/

FT Exclusive: Jensen Huang has warned that China will beat the US in the artificial intelligence race, thanks to lower energy costs and looser regulations.

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FT on X | 11/06/2025 | FT

**FT Exclusive:** Jensen Huang has warned that China will beat the US in the artificial intelligence race, citing lower energy costs and looser regulations as key advantages.

(Read more at x.com)

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**TOPICS:** News / Current Events
**KEYWORDS:** AI, Jensen Huang

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Thank you very much and God bless you.

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*Not sure I agree with Jensen on this one.*
— SmokingJoe

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*Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright.*
https://freerepublic.com/focus/f-news/4350988/posts

World Series champion Dodgers take in Spurs vs. Lakers

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The Los Angeles Dodgers completed their quest to win back-to-back World Series last week, kicking off a busy schedule of celebrations and appearances.

Members of the Dodgers have made notable appearances on popular shows such as “Dancing with the Stars” and “The Tonight Show,” among others, engaging with fans and sharing their championship excitement.

On Wednesday, Dodgers players Will Smith, Blake Snell, and Tyler Glasnow attended the Lakers’ game against the San Antonio Spurs at Crypto.com Arena. Before the game, the players were seen posing for photographs and even shooting a basketball on the court during the pregame activities.

Luka Dončić and Rui Hachimura of the Lakers also joined in the celebration, taking a photo with the Dodgers and the iconic World Series Trophy. This memorable moment highlighted the connection between Los Angeles’ premier sports teams and their shared championship spirit.
https://www.usatoday.com/story/sports/mlb/dodgers/2025/11/05/dodgers-lakers-spurs-game-world-series-victory/87117473007/

Regional Management Corp. (RM) Q3 2025 Earnings Call Transcript

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Garrett Edson, ICR Inc.

Thank you, and good afternoon. By now, everyone should have access to our earnings announcement and supplemental presentation, which were released prior to this call and are available on our website at Regionalmanagement.com.

Before we begin our formal remarks, I would like to direct your attention to Page 2 of our supplemental presentation. This page contains important disclosures regarding forward-looking statements and the use of non-GAAP financial measures.

Part of our discussion today may include forward-looking statements. These are based on management’s current expectations, estimates, and projections about the company’s future financial performance and business prospects. Please note that these forward-looking statements speak only as of today and are subject to various assumptions, risks, uncertainties, and other factors that are difficult to predict. These factors could cause actual results to differ materially from those expressed or implied in the forward-looking statements.

Please remember, these statements are not guarantees of future performance, and you should not place undue reliance upon them. For a more detailed discussion of our forward-looking statements and the risks and uncertainties that could impact our future operating results and financial condition, we refer you to our press release, supplemental presentation, and recent SEC filings.
https://seekingalpha.com/article/4838866-regional-management-corp-rm-q3-2025-earnings-call-transcript?source=feed_all_articles

Mitsui & Co.: Not As Bad As Feared

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**Analyst’s Disclosure:**
I/we have a beneficial long position in the shares of MITSY and ITOCY, either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

**Seeking Alpha’s Disclosure:**
Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole.

Seeking Alpha is not a licensed securities dealer, broker, US investment adviser, or investment bank. Our analysts are third-party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
https://seekingalpha.com/article/4838844-mitsui-and-co-not-as-bad-as-feared?source=feed_all_articles

DOJ tells Republicans that Epstein files even worse for Trump than they thought: report

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Several House Republicans have reportedly heard from the Department of Justice that the situation is worse than Michael Wolff’s description of Epstein photos showing Trump with half-naked teenage girls, Shuster wrote.

Shuster is likely referring to an October interview in which Trump biographer Michael Wolff told the Daily Beast that he had personally seen “about a dozen Polaroid snapshots” of Trump and Epstein. In these photos, Trump was photographed with several topless young women on his lap. Wolff said Epstein pulled the photos out of a safe and spread them out “like a deck of cards” on his dining room table.

The author told the Beast he saw the photos while visiting Epstein’s home at the convicted sex offender’s invitation, as Epstein wanted Wolff to write a book about him.

The veteran journalist further reported that Republicans were “spooked” by Attorney General Pam Bondi’s testimony before the Senate Judiciary Committee. Bondi refused to answer a question from Sen. Sheldon Whitehouse (D-R.I.) about whether she had personally seen the photos after the contents of Epstein’s safe were confiscated.

After Whitehouse asked her about the photos, Bondi then questioned him regarding receiving campaign donations from LinkedIn co-founder Reid Hoffman, who was associated with Epstein. “She didn’t give a denial,” Shuster wrote.
https://www.alternet.org/doj-republicans-trump-epstein/

Physical: Asia- Who is Team Philippines? Captain, members, Instagrams, & all you need to know

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Following the success of its inaugural season, Netflix’s reality competition series *Physical: 100* made a thrilling return with a fresh twist.

On October 28, 2025, the show premiered its new global variation, titled *Physical: Asia*. This latest season brings together contestants from across the continent, intensifying the competition and showcasing diverse talents.

Fans can look forward to more intense challenges and captivating stories as the series continues to push the limits of physical endurance and determination.
https://www.sportskeeda.com/us/k-pop/news-physical-asia-who-team-philippines-captain-members-instagrams-need-know

Ripple and Mastercard Test Secret Stablecoin System for Card Payments

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**Ripple and Mastercard Partner to Test RLUSD Stablecoin Payments for Real-Time Fiat Card Settlements**

Ripple has announced a new partnership with Mastercard, WebBank, and Gemini to test RLUSD stablecoin payments. This collaboration aims to leverage Ripple’s XRPL platform to process real-time fiat card settlements securely and efficiently. The trial will evaluate the potential of blockchain technology to support mainstream financial transactions.

### Ripple Partners with Mastercard for On-Chain Settlements

In this collaboration, Ripple will work with Mastercard and WebBank to enable on-chain settlements for fiat card payments. The test will assess how the RLUSD stablecoin performs within Mastercard’s extensive global payment network. Additionally, the trial will examine compliance and operational stability for regulated financial institutions involved.

Mastercard plans to integrate Ripple’s XRPL platform to manage the settlement layer of these payments, aiming to bridge blockchain efficiency with traditional financial systems. The companies expect this system to provide fast, transparent settlements to participating institutions.

Sherri Haymond, Global Head of Digital Commercialization at Mastercard, commented on the partnership’s goal:
“Through our partnerships with Ripple, Gemini, and WebBank, we’re using our global payments network to bring regulated, open-loop stablecoin payments into the financial mainstream.” She emphasized Mastercard’s belief that stablecoins can offer a secure and compliant transaction layer for banks and issuers.

### RLUSD Stablecoin Enters Regulated Payment Testing

Central to this pilot program is Ripple’s RLUSD stablecoin. The coin will facilitate settlements between Mastercard and WebBank, the issuer of the Gemini credit card involved in the trial. This initiative marks the first use of a regulated on-chain stablecoin for fiat settlement.

Currently, the RLUSD token has a total supply of $2 billion, with steady growth in the stablecoin market. Ripple envisions RLUSD as a reliable digital asset capable of supporting large-scale institutional transactions. The company highlights RLUSD’s controlled expansion as a reflection of its commitment to compliance and long-term stability.

Jason Lloyd, President and CEO of WebBank, emphasized the bank’s role in the project:
“Banks are uniquely positioned to bridge innovative blockchain technology with the stability of the traditional financial system.” WebBank will oversee settlement functions, ensuring regulatory oversight throughout the testing phase.

### XRPL to Demonstrate Institutional Settlement Capacity

The XRPL platform will power all transactions within this trial. Ripple originally developed XRPL to handle up to 1,500 transactions per second with minimal costs. Now, the system will be evaluated for its capacity to deliver institutional-grade payment efficiency.

Ripple President Monica Long stated that regulated stablecoins like RLUSD have the potential to enhance financial settlement systems. She added that Ripple’s goal is to expand XRPL’s presence in institutional finance through compliance-driven innovation and plans to integrate future programs once regulatory approvals are secured.

Currently, the XRPL network supports about 7,000 active wallets daily. Ripple continues to maintain XRP as one of the top 10 cryptocurrency assets by market value, with XRP trading steadily at around $2.31, reflecting consistent market interest.

### Regulatory Approval and Future Outlook

Before full deployment, regulators must approve RLUSD’s onboarding. Ripple and its partners will coordinate settlement processes once the necessary approvals are granted. This trial represents a landmark collaboration between a regulated U.S. bank and an on-chain settlement network.

This partnership signals a significant step toward integrating blockchain technology with traditional financial infrastructures, aiming to provide faster, more transparent, and compliant payment solutions.

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*Source: Blockonomi*
https://bitcoinethereumnews.com/tech/ripple-and-mastercard-test-secret-stablecoin-system-for-card-payments/

Christian Lee says there have been little adjustments for Alibeg Rasulov rematch: “If it’s not broke, then there’s no need to fix it”

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Reigning and undisputed ONE Lightweight and Welterweight MMA World Champion, ‘The Warrior’ Christian Lee, representing Singapore and the United States, is gearing up for his highly anticipated rematch with Alibeg Ra.

Fans are eagerly awaiting this showdown as Lee looks to continue his dominant reign in both weight classes. Stay tuned for more updates on this exciting matchup.
https://www.sportskeeda.com/mma/news-christian-lee-says-little-adjustments-alibeg-rasulov-rematch-if-it-s-broke-there-s-need-fix-it

XRP DEX Hits 954K Transactions as Price Faces Selling Pressure

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The XRP Ledger’s native decentralized exchange (DEX) recently hit a new milestone, recording an all-time high of 954,000 daily transactions on November 4, according to on-chain data. This surge marked one of the busiest days for the network in recent months, signaling heightened activity within the XRP ecosystem.

However, despite this impressive spike in transaction volume, the market performance of XRP—the digital token associated with the ledger—painted a contrasting picture.

### Record XRP DEX Activity Fails to Lift Price

At first glance, an increase in daily transactions often suggests stronger network health and growing adoption. Yet, a closer examination reveals a concerning divergence between activity and price performance.

Analyst CryptoOnchain noted that unlike a similar surge in usage back in July, which accompanied a significant price increase, the latest record-breaking transaction volume coincided with a price decline. Since early October, XRP’s price has dropped from the $3 range to approximately $2.21 at the time of writing.

This disconnect between transaction growth and market value implies that the high volume may not reflect genuine buying interest. Instead, CryptoOnchain pointed toward possible explanations such as “large-scale selling, whale distribution, or automated arbitrage trading” driving the activity. In other words, traders might be using the DEX primarily to rebalance or exit positions rather than to accumulate tokens.

“Elevated network activity is not always bullish,” cautioned CryptoOnchain. He urged investors to approach this mismatch between usage and price with caution, stating:
> “Until price action aligns with on-chain growth, this metric should be viewed as a potential warning sign rather than a buy signal.”

### Whales Reduce Exposure Amid Broader Market Wobbles

CoinGecko data confirms XRP’s downward trajectory, showing the asset has declined 15.9% over the past week and 26% in the last month. At press time, XRP was trading nearly 39% below its July all-time high of $3.65.

Whale behavior has intensified the current market volatility. As previously reported by CryptoPotato, large XRP holders sold approximately 900,000 tokens in just five days, contributing significantly to the week’s double-digit price slide.

On-chain data further indicates that although whale-to-exchange transfers have slowed since late October, recent selling activity might still be dampening market sentiment.

XRP’s struggles are reflective of broader market challenges. Bitcoin (BTC) recently dropped below $99,000 for the first time in five months, while Ethereum (ETH) slipped under $3,200. In a single 24-hour period, more than $1.75 billion worth of leveraged positions were liquidated, with $38.6 million attributed to XRP alone.

### Signs of Potential Recovery Amid Market Gloom

Despite the prevailing bearish sentiment, some analysts remain cautiously optimistic about XRP’s prospects. Analyst Egrag Crypto shared on X that XRP’s “stronger resilience” relative to Bitcoin and Ethereum might indicate the selloff is nearing its end.

He highlighted a potential “accumulation zone” around $1.94, suggesting that the current weakness could be the final shakeout before the price begins to recover.

However, overall market confidence remains fragile. This uncertainty is mirrored in CoinMarketCap’s Fear & Greed Index, which recently plummeted to 20—its lowest level in months.

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**In summary**, while the XRP Ledger’s DEX continues to see record activity, the associated XRP token’s price struggles highlight a disconnect that investors should watch closely. Elevated transaction volumes do not always equate to bullish momentum, especially amid large-scale selling and broader market downturns. Keeping an eye on on-chain metrics alongside price action can provide valuable insights into XRP’s trajectory moving forward.
https://bitcoinethereumnews.com/tech/xrp-dex-hits-954k-transactions-as-price-faces-selling-pressure/