Well, well, well, looks like the bears have woken up from their nap and decided to take control this week, according to CoinStats. Classic bear move, right? 🐻
XRP/USD
So, the price of XRP has decided to take a little dip—down by 3.61% over the last 24 hours. XRP, what are you doing? 😬
Looking at the hourly chart (because, why not? Who doesn’t love a little market drama?), XRP made a rather cheeky false breakout of its local support at $2.2237. If the daily bar decides to close around that price—or lower—then, honey, get ready for a little more correction, probably down to the $2.20 mark.
On a larger scale, it’s the same story. Bears still reign supreme. 🐻 The trick now is to keep an eye on the bar closure near the $2.2223 level. If it breaks, well, brace yourself for a plunge towards $2.15-$2.20. Hold onto your hats, folks.
From the midterm perspective (yes, we’re really going deep now), bulls just couldn’t maintain the momentum from the last bullish candle. But don’t get too excited yet—XRP is still way off key levels, which basically means any big moves are highly unlikely. So, let’s all breathe deeply. 😌
As of now, XRP is sitting pretty at $2.2326. Until the next twist in this thrilling saga! 💸
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2025-06-12 17:47