💰 THE MONEY: Nvidia has now lost $1.4 TRILLION — and no, that is not a typo. 👀 One resignation today wiped out more market value than most companies are ever worth. And the bill is still rising. 📉 The wipeout, in reported ranges:• Roughly $1.4 TRILLION of market value has been lost since the Oct 29 NYT report (per The Decoder / Android Headlines) — not $1.3 billion. It is trillions, not billions.• About $600B of that came in just the last 4 days.• About $750B since the controversy began, per BusinessToday.• The stock is down roughly 27-40% from its Oct 6 record high above $243, after crashing more than 10% today to ~$156.54. 📉 Wall Street is turning:• Dan Ives puts Nvidia at ~$300 a share with Huang, ~$225 without him — about 25% less without its founder.• Bernstein downgraded Nvidia to Market Perform and halved its price target to $200.• Baird cut its rating to Neutral.• The S&P 500 fell ~0.8% and the Nasdaq ~1.5% shortly after today's open. AI and neocloud names fell with it — CoreWeave was down 6% premarket. 📊 What it means for crypto: when the AI trade — the market's biggest growth story — loses its leader, risk appetite shrinks everywhere. Live on Gate spot: BTC ~$71,796 · ETH ~$2,014 · SOL ~$81.66 · XRP ~$1.03 — Bitcoin is already under pressure today. My view: the market is no longer pricing the scandal, it is pricing a leadership discount on the whole AI trade.Watching: Nvidia earnings Tue Nov 17 — the numbers will now be judged against a new, cheaper valuation.Risk: if earnings disappoint, the next leg down could hit AI stocks and crypto together. NFA, DYOR. Is the $1.4 trillion wipeout the market overreacting, or is Nvidia now fairly priced without Huang? 👇$BTC $ETH $SOL $XRP #USOctoberPPIComingSoon #AICommercializationEntersThePayoffPhase #WCTCS9 #JensenHuangResigns

$XRP Current price: 1.0219, 24-hour change: -4.58%. XRP is currently at 1.0219, with a 1-hour RSI14 of 25.228519195612506. Trends on both timeframes are weak, and the current assessment remains bearish. A common misreading is to take oversold conditions as a bottom: oversold only means the short-term decline has already been steep; it doesn't mean anyone is defending 1.0164. The 1-hour volume ratio is 1.3356972441325523, and trading is more active than usual, yet the price has stayed near 1.0164 and hasn't moved back above the 1-hour and 4-hour moving averages. Higher volume hasn't brought a halt to the decline. There are no reliable announcements, so we can only interpret volume, price, and timeframe readings. A decisive break below 1.0164 would reinforce the bearish outlook; the bearish assessment would need to be revised only if the price regains the 1-hour EMA20. With XRP's 1-hour volume ratio at 1.3356972441325523 and the price hugging 1.0164, what would we need to see to interpret oversold conditions as a sign that the decline has halted? Markets are volatile. The above is only a market observation and does not constitute investment advice. This is Crypto Plain Talk. Let's talk quantitative trading and market trends. What do you think? #XRP

XRP Technical Outlook: XRP Breaks Below $1.05 as Selling Pressure Pushes Price Toward Major Support XRP is trading around $1.036–$1.037 on the daily chart after extending its decline and breaking below the recent consolidation range. The price is now approaching the major support area around $0.99, while all four major EMAs remain significantly above the current market price. The daily structure remains strongly bearish. Although the RSI is entering oversold territory, buyers have not yet shown a confirmed reversal. EMA Structure XRP is trading below all four major exponential moving averages, indicating that sellers remain in control of the broader trend. - 20 EMA: $1.1913 - 50 EMA: $1.2738 - 100 EMA: $1.2928 - 200 EMA: $1.3441 The 20 EMA is positioned below the 50, 100 and 200 EMAs, while the current price remains below the entire EMA structure. The $1.19–$1.34 region represents a significant overhead resistance zone. XRP would need to reclaim these averages to establish a meaningful recovery. Fibonacci Levels & Resistance Zones Based on the Fibonacci retracement shown on the chart: - 0: $0.9919 - 0.236: $1.6210 - 0.382: $2.0103 - 0.5: $2.3249 - 0.618: $2.6394 - 0.786: $3.0873 - 1.0: $3.6578 The immediate focus is not on the distant Fibonacci retracement levels but on reclaiming the nearby horizontal resistance zones around $1.05–$1.12. RSI Momentum The daily RSI is around 22.35, while its signal average is near 33.02. This indicates deeply oversold conditions and significant bearish momentum. A short-term relief bounce is possible, especially if XRP holds the $0.99 support area. However, an oversold RSI does not automatically confirm a trend reversal. Buyers need to regain momentum and push RSI back above 30 before stronger recovery signals develop. Market Structure & Support XRP has continued forming lower highs and lower lows after its September–October recovery attempt failed near the $1.12–$1.16 region. The recent breakdown below the $1.05 support area has weakened the structure further. Price is now approaching the $0.9919 major chart support, which is an important level for buyers to defend. A sustained breakdown below this region could open the door to another leg lower. Bullish Recovery Scenario If XRP manages to defend the $0.99 area and buyers return with stronger volume, the first recovery targets are: - $1.0524–$1.0585 - $1.0706–$1.0959 - $1.1221–$1.1676 - $1.1913 (20 EMA) - $1.2738–$1.2928 (50/100 EMA zone) - $1.3441 (200 EMA) A sustained daily close above $1.12–$1.16 would be an early indication of improving market structure. Reclaiming the 20 EMA at $1.1913 would provide stronger confirmation of recovery. Bearish Continuation Scenario If XRP fails to hold $0.9919 and daily candles close decisively below this support, bearish pressure could accelerate. The breakdown would signal that buyers are unable to defend the current long-term support structure and could lead to further downside exploration. Until XRP reclaims the $1.05–$1.12 region, recovery attempts may continue facing selling pressure. Key Levels Resistance: - $1.0524–$1.0585 - $1.0706–$1.0959 - $1.1221–$1.1676 - $1.1913 - $1.2738–$1.2928 - $1.3441 Support: - $1.0370 current price area - $0.9919 major support Final Outlook XRP remains strongly bearish on the daily timeframe, trading below all four major EMAs with RSI near oversold territory. The $0.9919 level is the immediate support to watch. Holding this area could create conditions for a relief bounce toward $1.05–$1.12. However, a decisive daily breakdown below $0.9919 would increase the risk of further downside. For a stronger trend reversal, XRP needs to reclaim $1.12–$1.16 first, followed by the 20 EMA at $1.1913. Overall Bias: Bearish below $1.12 | Recovery signal above $1.16 | Major support at $0.9919. $XRP ‌#USOctoberPPIComingSoon