Oh dear, the market’s gone and gotten itself into a spot of bother, old chap! CoinStats declares we’re in a “corection phase” – how delightfully…correct. 🙄
XRP/USD: A Tale of Woe 📉
Good heavens! XRP’s value has taken a tumble, declining by a whopping 6.8% in the last 24 hours. One can almost hear the sound of investors’ hearts sinking… 💔
Now, let’s gaze upon the hourly chart, shall we? XRP’s price is teetering near the local support of $1.9841. If it doesn’t bounce back by day’s end, we might just see a thrilling test of the $1.95 mark soon. *dramatic sigh* The suspense is killing me! 🤯
On the daily time frame, those beastly bears are still running the show. Rising volume, you see, which might just indicate XRP’s price is revving up for a sharp move. How…thrilling? 😏
Should the candle close below $1.9510, the fall might continue, leaving us all agog at the $1.80 zone. *gasps* The horror! 🎃
From a midterm perspective, alas, there are no reversal signals in sight. If the $1.90 level breaks, traders might expect a more…substantial decline to the $1.60 area. Oh, the humanity! 🤦♂️
And, at press time, XRP is trading at $2.01. Because, well, that’s just the kind of day it’s been, isn’t it? 🙃
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2025-04-03 18:10