Well, it seems Ripple has woken up from its nap and decided to make a run at the $3.6 resistance zone. Oh, the audacity! 😎

If the buyers keep pushing and manage to break through that pesky level, we might just see a nice, slow crawl toward the $4 region. You know, just a casual stroll up a mountain of resistance. 🏔️

XRP Price Analysis

By Shayan (Who, let’s be honest, probably has a PhD in watching charts.)

The Daily Chart

So here we are. XRP just bounced off the critical $2.8 support zone, which, by the way, is also conveniently aligned with the 0.5 Fibonacci retracement of the last rally. Coincidence? Maybe. But it’s working. As of now, XRP is hanging out around $3.20, just vibing. 💸

That little bounce lured in some buyers, and boom, we’re headed toward the $3.4-$3.6 resistance range. It’s like a giant bouncer at a club – trying to get past this zone is no easy feat. But hey, who doesn’t love a good challenge? 💪

If the bulls can muster the strength to claim the $3.6 level with some solid volume, the dream of $4 isn’t too far off. But don’t get too excited just yet – there’s a lot of overhead supply, so expect some short-term consolidation or, at worst, a tiny pullback before the real fun begins. 🙃

The 4-Hour Chart

Looking at the 4-hour chart, XRP’s bullish setup is more obvious than a toddler with a cookie jar. After a bit of a “let’s figure out what we’re doing” phase, it finally found support at the 0.5 Fibonacci level and shot up like it just discovered rocket fuel. 🚀

But of course, the bears weren’t just going to let this happen without a little fight. They pushed XRP back to around $3.20. Classic move. But don’t count out the buyers yet – if they can clear that $3.6 hurdle, we could see a short squeeze that sends the price to $4. Imagine the chaos. 😏

If $3.6 continues to be a brick wall, well, don’t be surprised if we see another “meh” phase, where XRP consolidates for a bit longer. You know, just to keep us on our toes. 🔄

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2025-08-12 18:28