Oh, look, the sellers are back. Because of course they are. According to CoinStats, they’ve decided to crash the party midweek. 🎉
XRP/USD
XRP’s rate has dropped by almost 4% since yesterday. Because why not? It’s not like anyone was emotionally invested or anything. 😬
On the hourly chart, XRP’s price is trying to climb back up after a *totally* dramatic false breakout of the local support at $2.0433. If buyers keep pushing and the daily bar closes near the resistance, we might see a *thrilling* blast to the $2.15 zone tomorrow. 🚀 (Or not. Who knows? Not me.)
On the bigger time frame, it’s a classic standoff. Bulls and bears are just staring at each other, waiting for someone to blink. The falling volume is basically the awkward silence in the room. If buyers want to take control, they’ll need to push the rate above $2.20. Good luck with that. 🍀
From a midterm perspective, it’s the same old story. XRP’s price is chilling within the previous candle, which means sharp ups or downs are about as likely as me winning a marathon. 🏃♀️ (Spoiler: not happening.)
At press time, XRP is trading at $2.0815. Hold onto your hats, folks. Or don’t. It’s your life. 🤷♀️
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2025-04-16 18:07