XRP’s Rollercoaster Attempt: Drama and Resistance à la Tina 🎢

by

XRP‘s like that best friend who says they’re working on their “financial trends,” but starts a fresh nosedive below $2.250. Now, in true circus fashion, it’s trying to recover with elegance reserved for high dive judges, facing the $2.32 “stand or fall here” pivot level.

  • XRP, bless its fluctuating soul, started a fresh decline below the $2.250 zone – because stability is overrated.
  • It’s now trading below $2.250 and the 100-hourly Simple Moving Average, like it’s on some kind of downward spiral reality show.
  • A bearish trend line is forming with resistance at $2.2250 on the hourly chart (courtesy of Kraken), because we all know trends lines are where the real fun is.
  • The pair could continue its bumpy ride if it settles below $2.10 – because who doesn’t love uncertainty?

XRP’s Comeback Tour

XRP attempted a recovery above $2.280, only to flop like a clumsy acrobat trying to balance on a unicycle. It’s like watching Bitcoin and Ethereum‘s tango-amusing at first, then a complete mess as it fell below $2.250 and $2.220.

There was a dramatic dip below $2.120, forming a low at $2.105. Then, like true Hollywood heroes make it to the second act, it surged above the 23.6% Fib retracement level. Bravo, XRP, bravo!

Despite its enthusiastic but somewhat melodramatic attempts, XRP is still trading below $2.250 and the 100-hourly Simple Moving Average. If it suddenly decides to climb, it might face resistance at $2.220. Oh, and there’s that bearish trend line at $2.2250, because this story needs more tension.

The first major resistance is nosily near the $2.250 level, like an ex-partner unwilling to let you close. If XRP closes above this, it might swagger its way to $2.30, then to $2.320, and if it keeps its poise, maybe it’ll hit $2.40. What’s that? Further gains could lead to $2.450 or the tantalizing $2.50. Oh, isn’t this just riveting?

Will XRP Dive Again?

If XRP can’t rise above the $2.250 resistance like a starlet at the Oscars, it might start making acquaintances with its yin-yang-dark-matter-self – a fresh decline. Initial support on the downside is looking like it’s near the cozy $2.150 level.

If XRP drops below $2.10 and does the embarrassing viral dance of failing to stay positive, it may slide toward $2.050. Below this, we enter speculative territory that includes the $2.00 zone, which if breached, could send our protagonist down towards a dismal $1.880. What a soap opera.

Technical Indicators

Hourly MACD – It’s losing its mojo in the bearish zone, as if it’s having a really long “me” day.

Hourly RSI (Relative Strength Index) – It’s sitting pretty above the 50 level, hogging the spotlight like it owns the place.

Major Support Levels – $2.10 and $2.050, standing there like the safety nets that say, “Why, no.

Major Resistance Levels – $2.250 and $2.320, because let’s not forget the hurdles on this obstacle course.

Read More

2025-11-19 07:24