Right now, XRP is sitting at $2.22—proof that nothing good ever goes unnoticed by people who like to stare at charts and mutter about “opportunities.” Thanks to a recent twitch on the 4-day chart, analysts have begun clutching their pearls (digitally, of course) and dusting off their favorite “Possible Scenarios.”
1. The Yellow Scenario (For Those Who Love Optimism Before Disaster)
Picture this: XRP rockets off to a new all-time high, champagne corks explode, and somewhere a cryptocurrency bro records a TikTok about financial freedom. But wait! Immediately after the confetti settles, the party takes a nosedive to $0.40–$0.50, because apparently, history doesn’t just repeat—it also enjoys slapstick comedy. If you’re into wave counting, this scenario has five, though nobody really knows why five is the magic number except, perhaps, for people who sell e-books on technical analysis.
2. The White Scenario (For Fans of Revisionist Bull Markets)
The White Scenario says the bull market began in 2020—which sounds about right, because absolutely nothing weird happened in 2020, and I trust everyone’s memory of that period. If this scenario wins, XRP is in the last moments of a mini-series nobody asked for. There’s still a correction to come, though perhaps lasting only a year. Because who doesn’t love twelve months of mild panic?
If you’re a fan of ambiguity, you’ll love this: both scenarios basically expect XRP to moon again, as long as it doesn’t trip and fall below $1.20. If it keeps its composure, allegedly it could sashay up to $5.60, or maybe even $6.60—at which point, we assume, someone’s mom will finally understand what a blockchain is.
Short-Term Outlook
Short-term action? XRP looks like it’s forming a five-wave move since April, though the chart’s clarity is rivaled only by my grandmother’s handwriting. Should XRP bravely hover above $2.12, perhaps we go up. If it dips below, corrections await somewhere between $1.84 and $2.10, and once again, crypto Twitter will debate whether “diamond hands” should really be called “delusional wrists.” 🤷
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2025-05-02 06:09