BTC just printed its lowest level in 12 weeks — and ETH lost $2,000 for the first time since August. The Nvidia shock didn't stay in stocks. Here's the tape tonight: • BTC fell to ~$71,151 intraday, its lowest since Aug 20, and it's still trading around $71,530 on Gate, down ~4% on the day.• ETH slipped under $2,000 — low ~$1,981, its lowest since Aug 19 — now around $2,016, down ~2.7%.• SOL ~$81.55 (-3.6%) and XRP ~$1.04 (-2.4%). The whole board is red.• Nvidia fell as much as 14% intraday to a $148.80 low before recovering to ~$160-165. Market cap ~$3.8T, down from a ~$5.8T October peak.• Over $750M in crypto positions liquidated in the last 24h — $634M+ of it longs.• US jobless claims came in at 200,000 vs 195,000 expected, and Cleveland Fed President Beth Hammack called for more restrictive policy. That comment pushed BTC toward $71,000 after the Nvidia news.• BTC also broke below its 21-week simple moving average (~$73,078). My view: two shocks in one day — a leadership crisis at the world's biggest company plus a hawkish Fed voice. Neither is a crypto-native story, but BTC took the hit anyway because it's the most liquid risk asset in the room. Watching: the $70K psychological line, PPI tomorrow, and NVDA earnings on Nov 17. Risk: if $70K breaks there's air below; if PPI comes in cool the whole tape can flip fast. NFA, DYOR. Is $70K the line that holds, or are we testing $68K before PPI? What's your call?#USJoblessClaimsTonight $BTC $ETH $SOL $XRP #USOctoberPPIComingSoon #WCTCS9

$NVDA XRP Technical Outlook: Ripple Breaks Key Support as Bearish Momentum Strengthens XRP is facing renewed selling pressure on the daily chart, trading around $1.15 after losing several short-term support levels. The overall structure remains bearish, with XRP continuing to trade below all four major exponential moving averages. The latest breakdown increases the risk of further declines toward the psychological $1.00 support zone. However, the RSI is approaching oversold territory, so a short-term rebound remains possible if buyers defend the current price zone. 1. EMA Structure: Sellers Remain in Control Current EMA levels: - EMA 20: $1.2602 - EMA 50: $1.3123 - EMA 100: $1.3129 - EMA 200: $1.3560 XRP is trading below all four EMAs, confirming a weak daily structure. The EMA 20 is acting as the first key dynamic resistance. The $1.3123–$1.3560 zone forms a stronger resistance cluster. If XRP fails to reclaim these levels, attempts to move higher may continue to face selling pressure. 2. Fibonacci Levels: Key Recovery Targets Key Fibonacci retracement levels: - 0.236: $1.6210 - 0.382: $2.0103 - 0.500: $2.3249 - 0.618: $2.6394 - 0.786: $3.0873 The first key Fibonacci recovery level is $1.6210. However, XRP must first reclaim the nearby EMA resistance zone before a significant move toward this level becomes realistic. The overall Fibonacci structure shows that substantial resistance remains above the current price. 3. Bearish Scenario: Could XRP Test $1.00? The latest price action shows a breakdown below the recent consolidation structure, with bearish market structure signals appearing near the latest candles. If XRP remains below the $1.1676–$1.2602 zone, selling pressure may continue. Key downside levels: - $1.1538: Price level to reclaim immediately - $1.1500: Short-term psychological support - $1.1000: Potential downside zone - $0.9919: Key chart support and Fibonacci swing low If the price breaks sustainably below $1.15, the likelihood of a deeper decline toward $1.10 and then $0.9919 may increase. 4. Bullish Scenario: What Could Trigger a Recovery? For buyers to regain control, XRP needs to reclaim nearby resistance levels. Key recovery levels: - $1.1676: First short-term resistance - $1.2602: EMA 20 - $1.3123–$1.3129: EMA 50 and EMA 100 - $1.3459–$1.3560: Higher resistance zone - $1.6210: Fibonacci 0.236 level A daily close above $1.2602 would be an early sign that momentum is improving. Reclaiming the $1.3123–$1.3560 zone would strengthen evidence of a potential trend recovery. 5. RSI Momentum: Approaching Oversold Territory RSI (14): 30.53 RSI moving average: 38.28 The RSI is approaching the traditional oversold threshold of 30 and remains below its moving average. This reflects strong bearish momentum. However, oversold conditions alone do not confirm a reversal. An RSI recovery above 38–40, combined with the price reclaiming nearby resistance, would be a more meaningful recovery signal. 6. Key Support and Resistance Levels Support - $1.1500: Immediate support zone - $1.1000: Psychological support - $0.9919: Key structural support Resistance - $1.1538–$1.1676: Immediate recovery zone - $1.2602: EMA 20 - $1.3123–$1.3129: EMA 50/100 - $1.3459–$1.3560: Major EMA resistance - $1.6210: Fibonacci 0.236 Final Outlook XRP’s daily chart remains bearish, with the price trading below the EMA 20, 50, 100, and 200. The recent breakdown and weak RSI indicate that sellers currently have the upper hand. The $1.15 zone is critical in the short term. Holding this zone could set the stage for a rebound, while continued weakness could lead the price to test the $1.10 and $0.9919 support zones. For a significant bullish recovery, XRP first needs to reclaim $1.2602, followed by the $1.3123–$1.3560 resistance cluster. Current trend: Bearish below $1.2602. A sustained recovery above the EMA resistance cluster is needed to improve the daily chart outlook. $XRP