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Welcome to the JWK show. Thank you for watching. We are on the cusp of one of the biggest crypto bull rallies we have ever seen. One of the biggest rallies for XRP as we saw in 2017. We expect a repeat of 2017 to occur this year in 2026. Will XRP repeat that price increase of over 50,000 percent, or are we now on the verge of a black swan event and a massive market crash?
Or maybe even both . Could we see a stock market crash, a general market collapse, and at the same time a rise in the price of XRP? So, let's talk about this. We have a message from Jim Cramer 12 hours ago. Maybe we'll clean up this busted hedge fund and start over on Monday. Monday is coming, and it will be the 19th .
We have 10:19, which is 119, and also 911 . We also have the historic "Black Monday," which refers to the global stock market crash that occurred on Monday, October 19, 1987. So, as October 19th falls on a Monday again and the markets open, could we see a repeat of the Black Monday crash of October 19th, 1987?
And could we see a global stock market crash next Monday, just a few days after this video was recorded? Asian markets are currently falling, and the other day we also saw a trillion dollars being taken out of the US stock market. So, Jim Cramer hinted at the potential arrival of " Black Monday." However, we also have " inverse Cramer".
So could we see one of the biggest stock and crypto market jumps in a single day next Monday? We also have a message from Mr. Poole, an XRP insider, warning us about the collapse of the banking system. US banks are not safe. And here's a breaking news story from Polymarket: US bank stocks are on track for their longest streak of weekly losses since the 2008 financial crisis, falling for six straight weeks.
So US bank stocks are also signaling to us signs of an approaching market crash. And the other day, October 14, we heard from Jim Cramer that the bears won't stop now. So, with Jim Cramer at his most bearish, guys, will we see the activation of the " inverse Cramer" and will we see the start of one of the biggest bull rallies?
We have an answer from Gemini: “ coming soon,” and we hope this movement will come to the crypto market soon. And now the richest 1% are throwing in a bunch of negative news at the same time. We have cyberattacks, we are on the verge of World War III, oil prices and energy crisis, fears of MSTR delisting, MicroStrategy, high CPI, rising rates, rapid growth in bond yields—a sign of a market crash, DXY renewing highs, Ledger wallet hacks and much more, even a potential new epidemic leading to lockdown 2.0.
So, given all these bearish developments, is this an attempt by the 1% to make us pessimistic, to shake us out of the crypto market, or is this a sign that the 1% are pushing the crypto market even higher? It seems like we hit rock bottom back in June-July. They really don't want you to hold positions for long.
They really want you to panic. The next phase of this movement will leave people speechless. This market is rigged as hell . How does it grow anyway? This is complete nonsense. So much negativity, and the price is still going up, right? The 1% intentionally sets us up for bearishness so that we put less money into the markets, and then the 1% pushes the markets even higher, forcing us to buy at higher prices.
So the fact is that we see so many bearish events during a bull market. Killer Act BT and leading crypto traders tell us we are currently in a “bull” market. This is a sign that we are back in a bull market and should see the crypto market climb even higher, right? We saw XRP drop to 98 cents , and now XRP is moving higher, rising from there all the way to the $1.69 mark.
I hope the 98 cent mark is the bottom for XRP, but at the moment we have a new candle on the daily timeframe, and unfortunately we are still below the red line, which means a bearish trend for XRP. So, at the moment we are still waiting for XRP to fall, but for now we are holding above the support level at $1.30, which is also a potential reversal level, but if XRP breaks it down, then the next support level will be at $1.24.
So, this is currently the next target for XRP, Bitcoin at 81,500, and oil continues to rise, trading at $100.91. And if we see oil prices continue to rise, it could activate a reverse yen-carry trade, leading to a crash in global markets, and unfortunately, potentially a crash in cryptocurrencies. However, we have a situation where the Bubba market is falling and XRP is rising—how is this possible?
Again, Asian markets are currently experiencing a major correction. The Nasdaq 100 also officially closes the week down 5%. The minus 5.5% is the biggest weekly drop since April 2025 , and the index is now 7% below its high set just 10 days ago. The S&P 500 is also showing a significant price decline, falling from 773 to 763 points in one day.
Indeed, this is a pretty significant drop for SPY in just one day. So now the stock market is going down again, while oil prices are going up. And if we see a stock market crash, can we expect XRP to surge and go parabolic during that crash, catching everyone by surprise? That's right, we will see XRP move when people least expect it, that is, when bearish sentiment is at its peak, and perhaps during a market crash.
Now, if all of this fails to materialize and we see cryptocurrencies, XRP, and the markets move even lower, then we could see XRP retest the trendline, potentially dropping to the 70 cent mark. We remember how between 2014 and 2017, XRP tested and touched this trend line four times before showing that growth of over 50,000 percent.
So, can we see the same thing ? We currently have three touches. Could we see another, fourth touch before we can expect another 50,000 percent+ surge? If XRP drops to 70 cents, we will see over 90% of long positions liquidated, providing the perfect opportunity for the 1% of investors to finally send XRP “to the moon,” successfully crowding out most retail investors.
And finally , we have a green star —astronomers have uncovered a rare cosmic mystery that looks like this. This is similar to Howard Moon's tweets about 589. We also have a green star. Hopefully, this is a sign that a " green" period will soon come. That's all for today in the video. I hope you enjoyed it, and I'll see you in the next issue.
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