Oh, the marvelous XRP price, a mischievous little imp, decided to take a tumble below the grand $2.00 mark! But fear not, dear reader, for it’s now tiptoeing back from the depths of $1.820, though it may stumble upon a pesky $2.150 pivot level, that sly old fox. 🐾
- XRP, the plucky little rascal, began its recovery from the $1.820 zone, as if it had just remembered it left its wallet there. 💼
- It’s now prancing above $2.00 and the 100-hourly Simple Moving Average, feeling rather chuffed with itself. 🕺
- Imagine the drama! A break above a key bearish trend line with resistance at $2.00 on the hourly chart of the XRP/USD pair (courtesy of Kraken, the crypto kraken itself). 🦑
- If it settles above $2.150, it might just keep soaring like a pigeon with a jetpack. 🚀
XRP, the cheeky scamp, extended its losses below $2.00, just like its posh friends Bitcoin and Ethereum. It even dipped below $1.90 before the bulls, those jolly old chaps, came to the rescue. A low was formed at $1.8177, and now it’s trying to recover with all the grace of a unicycling clown. 🌟
It wiggled its way above $1.88 and $1.95, and the bulls, those sturdy fellows, pushed it past the 50% Fib retracement level of the downward move from the $2.140 swing high to the $1.817 low. Oh, and let’s not forget the break above that key bearish trend line with resistance at $2.00 – quite the spectacle! 🎭
Now, XRP is strutting above $2.00 and the 100-hourly Simple Moving Average, feeling as smug as a cat with a saucer of cream. It’s also above the 76.4% Fib retracement level, which is just showing off, really. 😼
If it decides to prance upward again, it might bump into resistance near $2.120. The first major hurdle is at $2.150 – a close above that, and it’s off to $2.20! The next obstacle is at $2.250, and if it clears that, it’s headed for $2.320. Any more gains, and it might just reach $2.350. The final boss level? $2.40, of course! 🏰
But beware, dear reader, for if XRP fails to conquer the $2.150 resistance zone, it might sulk and start a fresh decline. Initial support is near $2.00, and the next major support is at $1.980. A break below that, and it’s off to $1.880. The next stop? $1.8450, and if it’s really in a mood, it might plummet to $1.80. Oh, the drama! 😱
Technical Indicators
Hourly MACD – The MACD for XRP/USD is gaining pace in the bullish zone, as if it’s had one too many cups of tea. 🫖
Hourly RSI (Relative Strength Index) – The RSI is now above the 50 level, feeling rather perky. 🏃♂️
Major Support Levels – $1.980 and $1.880, the safety nets of this crypto circus. 🎪
Major Resistance Levels – $2.150 and $2.250, the gates to glory. 🏆
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2025-11-24 07:37