Well, well, well, look who’s having a party! 🎉 The weekend has started with most cryptocurrencies getting a little too excited, according to CoinStats.
XRP/USD: The Price is Right (Maybe?)
It seems XRP has decided to join the party, with a 5.74% price increase over the past 24 hours. Because, you know, that’s exactly what we all need – more excitement.
On the hourly chart, XRP has made a false breakout of the $2.1705 resistance level. But don’t worry, it’s not like it’s a big deal or anything. I mean, who needs a clear breakout when you can have a false one, right? 🤷♂️
On the bigger time frame, traders are all like, “Hey, let’s keep an eye on $2.2267, shall we?” And if XRP fixes above it, well, that’s just a blast off to the $2.30-$2.40 range. Because, you know, math.
From a midterm point of view, it’s a bit of a stalemate. Low volume, no clear winner. So, in all likelihood, XRP will just sit there, twiddling its thumbs, in the $2.10-$2.30 range. Because, why bother with excitement, right?
At press time, XRP is trading at $2.17. Because, you know, that’s exactly what we all want – a nice, round number.
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2025-04-05 16:02