It is a truth universally acknowledged that a cryptocurrency in possession of good fortune must be in want of a sharp decline. And so it was with XRP, whose price, having soared to such dizzying heights as $3.650, found itself quite suddenly in dire straits, languishing below the altogether less fashionable $3.30. Oh, the indignity!
- Once the darling of speculative portfolios, XRP has been cruelly abandoned below a most unromantic $3.50.
- Even the 100-hourly Simple Moving Averageâso often a beacon of stabilityâhas disowned it.
- A positively scandalous bearish trend line has emerged, proving quite the social impediment at $3.30.
- And yet, hope lingers! Should XRP manage to cling to $3.050, society may yet welcome it back with open arms.
Further Sufferings of XRP
Dear reader, tragedy struck when XRP failedâmuch like its disreputable cousins Bitcoin and Ethereumâto conquer the formidable $3.650 resistance. Worse still, it tumbled below the very foundations of polite crypto society: $3.450 and $3.350!
Lo and behold, the descent was so precipitous that it sank beneath $3.120, resting only briefly at $3.050. Now, in a pitiable state of consolidation, it languishes near the 23.6% Fib retracement of its recent misfortunes.
With neither charm nor favor to its name, XRP remains beneath both $3.450 and the 100-hourly Simple Moving Average. Worse yetâscandal aboundsâthat odious bearish trend line lingers, mocking all hope of recovery!
Should our dear XRP muster the courage to rally, $3.2320 stands ready as its first detractor. Beyond lies $3.2650âa most disagreeable obstacle. And yet, if conquered, $3.350 may grant it solace, or evenâdare we hope?â50% retracement of its untimely decline!
Should fortune truly smile, XRP might ascend as high as $3.450âperhaps even $3.50! But alas, dear investor, the cruelest hurdle remains: the dreaded $3.650âŠ
Could Further Ruin Await?
Should XRP fail (and fail it might!) to overthrow $3.350, its next chapter may be yet more mournful. The first pitiful support lies at $3.150, followedâmost ominouslyâby $3.120. A breach would spell catastrophe, casting it toward $3.050, and, heaven forbid, $3.00!
Technical IndicatorsâOr, The Gossip of Numbers
Hourly MACD â The poor dear has quite lost its vigor in the bearish zone.
Hourly RSI â Now languishing beneath 50âhow very unbecoming.
Major Supports â $3.120 and $3.050 (where friends may catch it).
Major Resistances â $3.250 and $3.350 (where society scoffs).
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2025-07-24 07:55