Is XRP Going to $99? Spoiler: Not Even Close! 😂

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So, you think XRP hitting $99 is like finding a unicorn in your backyard? Well, grab your popcorn because it’s a fantasy! When the top trader, Tony “The Bull” Severino, was asked about this moonshot, he practically laughed it off, saying, “Definitely not!” And honestly, who can blame him? With XRP currently lounging at around $2.03, that $99 dream is as far away as my last diet plan! 🍕

Now, let’s talk about the RSI, which is hanging out at levels we last saw in late 2017. That’s like finding your old high school yearbook and realizing you still have the same hairstyle! But let’s be real, for XRP to even think about reaching $99, it would need to pull off a 50x rally. That’s like saying my grandma’s secret spaghetti sauce could rival a Michelin-star restaurant! 😂 Unless XRP decides to replace the U.S. dollar, which is a joke even my dog wouldn’t laugh at! 🐶

Meanwhile, a descending triangle is forming on the daily chart. Sounds fancy, right? It means XRP is consolidating like a teenager in their room during a family gathering. The price is capped by declining resistance, and buyers are lurking where the 100 and 200 EMA’s are having a little party. If XRP breaks out, it might flirt with the $3 region, but let’s not get too excited unless a miracle happens! 🎉

Oh, and there’s a slight uptick in XRP’s burn rate, which means more network usage! But let’s not kid ourselves; it’s not enough to launch a 50x rocket into space! If XRP breaks out, we might see a modest rally, but anything above $3-$4 is like asking for a raise after your first day on the job! Severino’s realism is a cold splash of water: unless something utterly ridiculous happens, XRP isn’t going to be the next Bitcoin. 🥴

For now, that $99 target is just a meme, folks! Traders should treat it like a mirage in the desert. Keep your eyes peeled for any breakout attempts above $2.05, but let’s keep our expectations in check, shall we? 🤔

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2025-05-27 12:43