I woke up this morning, checked my phone, and there it was: XRP, tumbling below $2.20. You leave a coin unsupervised for one second, and suddenly it’s reenacting scenes from Titanic. Now, as I stare at my screen, it seems XRP is hiding under the bed, clutching its chart, promising to come out only if the $2.20 monster leaves.
- XRP price has taken a new dive—below $2.150, if you’re into precision with your heartbreak. 😬
- Currently loitering under $2.20, casually ignoring the 100-hourly Simple Moving Average like a rebellious teenager.
- A contracting triangle pattern is forming, which sounds dramatic but honestly just means “no one knows what’s happening.”
- If XRP ever manages to crawl above $2.20, perhaps after a nice warm beverage, a fresh rally could happen. Or not. Who knows?
XRP Is Trying to Break Up—Again
It’s not just XRP; it’s apparently a group project with Bitcoin and Ethereum, all nosediving together below support zones as if they’ve lost their will to chart. XRP dipped under $2.180 and $2.150, strolled down to $2.120, and then more or less decided that, yes, this is a nice place to mope.
Picture a low at $2.120. Not rock bottom, but definitely the ugly basement. Now, instead of moving, XRP is “trading in a range,” which is analyst-speak for “just standing there, frozen, thinking about its life choices.”
We did get a tiny, almost polite bounce—courtesy of the 23.6% Fib retracement move. It’s like watching someone rise from their sad Ikea couch just to grab the remote before slumping back down again.
Moving on: still beneath $2.20 and the 100-hourly Simple Moving Average, XRP is now confronting resistance at $2.170—the charting equivalent of an overbearing landlord who won’t return your deposit. This triangle formation on the hourly chart is becoming less a pattern and more like origami gone wrong.
If it breaks $2.20, maybe it’ll push toward $2.2280, with the 50% Fibonacci retracement practically begging for attention. And if the price ever gets ambitious, people start saying ludicrous things like $2.250, $2.2850, even $2.320. I’d clap, but my hands are busy covering my eyes.
Should it ever reach $2.350, there’s a good chance your therapist will need to write about this in her dream journal. 🤞
Plot Twist: It Could Drop. Again.
If clearing $2.20 proves too emotionally taxing for XRP, prepare for another decline—a phrase that now feels about as comforting as “surprise dentist visit.” The first “support” is $2.1450, which I assume is held up by sheer hope and a lot of denial. If that fails, $2.120 awaits, practicing its best “come to papa” impression.
Drop beneath $2.120 and suddenly $2.050 and even $2.00 are in play. At this point, don’t bother checking your portfolio without a stiff drink in hand.
Technical Downtime with Dr. MACD:
The Hourly MACD for XRP/USD is fading, like the last guest at a bad party. Bearish zone? That’s where the snacks aren’t even good anymore.
RSI has managed to drag itself just above 50, which—if we’re honest—deserves a slow clap.
Key Support Levels: $2.1450, $2.120. Just in case anyone still believes in “support.”
Key Resistance Levels: $2.170, $2.20. You know, for the optimists.
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2025-06-20 07:19