Oh joy, XRP is at another one of those “crucial junctures” 🙄. You know, where it’s like, “Will it go up? Will it go down? 🤷♂️” Yeah, because that’s not what we’ve been saying for months now…
So, XRP lost that super important daily 50-day Simple Moving Average (SMA) thingy back in February. And then it tried, and tried, and tried again (three times, to be exact) to get it back. Each time? REJECTED 🚫. Like me at a high school dance.
Now, on its fourth attempt, everyone’s on the edge of their seats (not really) wondering: Can XRP finally hold on to this level and maybe, just maybe, go up? 🚀
The battle for daily SMA 50 supremacy is, apparently, a big deal for XRP’s short-term trend. If it succeeds, PARTY TIME 🎉 (maybe). If not, well, you know the drill… more downward spiral 🌀.
For a breakout to actually mean something, we need to see some serious trading volume and sustained buying momentum. Currently? Trading volume is down 3.68% to $2.76 billion. Because, you know, excitement is overrated 😴.
If XRP gets rejected (again), we’re looking at potential supports at $2.21 and $1.89. Yay, more numbers to keep track of 📝.
Bullish or Bearish Outcome? (As If We Know) 🤔
After three whole days of declines, XRP bounced back from its March 23 low of $2.38. Bulls are like, “Hey, we’re buying on dips!” 🛍️. Then, it went above the daily SMA 50 at $2.42, because why not? 🤷♂️
As of now, XRP is down a whopping 0.06% in the last 24 hours to $2.44. That doji candlestick on the daily chart? Market’s all, “Meh, I’m undecided 🤔”. Bulls can’t push higher, bears can’t gain momentum. It’s like a financial stalemate 🤝.
If XRP stays above daily SMA 50, bulls might get all excited and try for $2.59. If they succeed, GASP $3 might be in sight, where sellers will be all, “Nuh-uh, not so fast!” 🚫.
But, if XRP drops below daily SMA 50 (but stays above $2.36), it’s still all, “Hey, we’re positive, kinda!” 🤞. For bears to actually win, they need to pull it below $2.20. Then, maybe, just maybe, we retest that oh-so-crucial $2 support 🎢.
Read More
- Elder Scrolls Oblivion: Best Battlemage Build
- Summoners War Tier List – The Best Monsters to Recruit in 2025
- ATH PREDICTION. ATH cryptocurrency
- When Johnny Depp Revealed Reason Behind Daughter Lily-Rose Depp Skipping His Wedding With Amber Heard
- ALEO PREDICTION. ALEO cryptocurrency
- To Be Hero X: Everything You Need To Know About The Upcoming Anime
- DC: Dark Legion The Bleed & Hypertime Tracker Schedule
- 30 Best Couple/Wife Swap Movies You Need to See
- Are Lady Gaga’s Ever-Changing Wedding Plans Suiting Fiancé Dizzy? Here’s What’s Happening
- Ein’s Epic Transformation: Will He Defeat S-Class Monsters in Episode 3?
2025-03-25 17:43