Is XRP About to Make a Comeback or Just Playing Hard to Get? 🤔💸

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Oh dear, it seems like the crypto world is having a bit of a meltdown today! Most coins are taking a nosedive, according to CoinMarketCap. Who knew digital money could be so dramatic? 😱

XRP/USD

So, XRP has decided to drop by a whopping 0.08% in the last 24 hours. I mean, really? Is that all you’ve got, XRP? 🙄

On the hourly chart, XRP is trying to rise after a false breakout of the local support at $2.2736. If it manages to close near the resistance (or above, because why not?), we might just see it testing the $2.35 area by the end of the week. Fingers crossed! 🤞

Looking at the bigger picture (because who doesn’t love a good panorama?), XRP has once again bounced off the support of $2.26. Even if the candle closes around the current prices or above, it seems buyers might need a little more time to gather their energy for a further move. Maybe they’re just waiting for their coffee to kick in? ☕

In this case, sideways trading in the range of $2.30-$2.35 is the most likely scenario. So, grab your popcorn, folks! 🍿

From a midterm perspective (because we all love a good long-term plan), keep an eye on the weekly candle’s closure regarding the formed support of $2.26. If it closes far from that mark, traders might just expect a bounce back. Or a dramatic exit. Who knows? 🎭

As of now, XRP is trading at $2.3016. Not exactly a rollercoaster ride, but hey, at least it’s not a total disaster! 🎢

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2025-05-29 14:36