XRP’s $1.5 Meltdown: Will It Ever Recover? 🤯

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Oh, the Trump tariff announcement-because nothing says “I’m a financial genius” like threatening a 100% tax on Chinese imports and then watching your portfolio cry into a pillow. XRP, that darling of the crypto world, was no exception. It plummeted faster than a toddler on a trampoline, breaking every technical structure like a toddler on a sugar rush. 🩸

While the price has shown early signs of stabilization near $2.4, the market remains fragile and highly sensitive to further macro developments. Which is to say, if someone sneezes, XRP will probably faint. 🤢

Ripple Analysis

By Shayan, who clearly has a PhD in “Why Is My Wallet Empty?”

The Daily Chart

The crypto market faced one of its sharpest single-day selloffs, which is like if your pet goldfish decided to jump out of the bowl and into a blender. Within hours, nearly $900 billion in crypto market capitalization was wiped out, before staging a minor recovery. Because nothing says “resilience” like a 55% drop and a “maybe I’ll come back later” attitude. 📉

XRP plunged from the $3.0-$3.1 resistance band, decisively breaking below the multi-month symmetrical triangle that had been forming since July. The rejection from the descending trendline coincided with the market-wide collapse, sending XRP toward the $1.2 threshold. Because who needs stability when you can have a rollercoaster? 🎢

Despite the magnitude of the crash, the broader macro structure remains technically intact as long as the price holds above the green ascending trendline, which connects the major higher lows established earlier in 2025. A rebound from this region could preserve the long-term bullish structure and set the stage for a higher-low continuation pattern. Or, as I like to call it, “hope for the best, panic for the worst.” 🧠

The 4-Hour Chart

On the 4-hour chart, the extent of the macro-driven shock becomes even clearer. XRP sliced through both the mid-range structure and the $2.8 horizontal demand zone, triggering widespread stop-losses and forced liquidations among overleveraged long positions. The wick below $1.2 underscores the depth of panic selling, while the sharp rebound that followed signals early signs of stabilization as buyers stepped in to absorb the capitulation wave. Because nothing says “I’m a hero” like buying at the bottom of a cliff. 🪖

At present, XRP is attempting to reclaim the broken $2.7-$2.8 zone, which has now flipped into short-term resistance. A successful close above this region, followed by a retest as support, could mark the beginning of a relief rally toward $3, where the next supply cluster resides. Failure to reclaim this area, however, would confirm that bears still maintain short-term control, likely extending the correction toward the $2.2-$2.0 region in the coming sessions. Because nothing says “optimism” like a 20% drop. 💸

Momentum indicators reinforce this mixed outlook. The RSI has entered deeply oversold territory, suggesting that sellers may be losing strength and that a rebound could soon materialize. Yet, recovery is expected to remain volatile and sentiment-driven, heavily dependent on how broader markets digest the implications of the tariff announcement. Which is to say, “We’ll see.” 🤷‍♂️

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2025-10-12 10:41