🤔 Will XRP Hit $1.5 or $3 First? The Plot Thickens… 📉📈

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Alright, so here’s the deal with Ripple. It’s like that friend who’s always “between jobs” but somehow manages to keep the lights on. XRP‘s been hovering around this $2 level, and it’s like the whole market’s just taking a nap. I mean, seriously, is anyone even trading this thing? 🛌

The Daily Chart: AKA “The Great Standoff”

So, XRP’s been dancing between the 100-day and 200-day moving averages. It’s like two old ladies playing tug-of-war with a scarf – nobody’s winning, but they’re both putting up a good fight. And now, it’s parked itself at this $2 support level, which has been holding steady since, what, December 2024? Talk about commitment issues. 🙄

With the market as exciting as a watching paint dry, it looks like XRP’s just gonna chill here until someone, anyone, decides to make a move. Until then, it’s just a big ol’ game of “who blinks first.”

The 4-Hour Chart: AKA “The Tease”

On the 4-hour chart, XRP’s consolidation is like that friend who’s always “almost” ready to go out. You know, the one who’s been “just about to leave” for the past hour? It’s a real nail-biter, folks. 🙄

But hey, there’s a glimmer of hope. A tiny, itsy-bitsy bullish divergence between the price and the RSI. It’s like that one friend who’s finally putting on their shoes. Could this be it? Is XRP finally ready to make a move? Or is it just gonna sit there, looking at its phone? 📱

And if you’re into patterns, the Wyckoff accumulation thingy is happening. Which, if you believe in that sort of thing, might mean a little bounce is coming. If it pans out, we could be looking at $2.5 as the next big hurdle. Fingers crossed, people. 🤞

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2025-04-06 17:54