Ripple Price Drama: XRP Stumbles, But Is It Out For The Count? 🤔

by

So here we are. Ripple’s token, the dramatic little thing, took a nice little tumble after failing to break into the higher resistance zones. Yep, it’s now in corrective phase. And what does that mean? Well, it means it’s trying to find its footing while traders nervously stare at the price chart like it’s the last season of their favorite show-will it bounce back, or will it just keep sliding down into the abyss? Stay tuned. 🙄

Ripple Analysis (Not So Dramatic, but Close)

By Shayan (yep, that’s the guy who’s gonna try to make sense of this mess)

The Daily Chart – Wait, What’s Happening Here?

Alright, so on the daily chart, XRP is doing this weird thing where it just can’t seem to break through higher levels. It’s like trying to reach that top shelf in your kitchen, but nope, the chair is just a little too short. It retested the 100-day moving average (because, of course, it did), but ended up bouncing off like a child trying to catch a football. The $2.85 level, where the horizontal support and MA meet, is now the battleground. Very dramatic stuff. If buyers step in here, maybe, just maybe, there’s hope for a recovery. But if they don’t, well, expect more tears and a drop to the $2.0-$2.1 zone, which sounds like a great place for more disappointment. 😬

The 4-Hour Chart – It’s All About Timing, Baby

Now let’s talk about the 4-hour chart. This one’s a little trickier, like trying to read a menu in a dimly lit restaurant. XRP’s been caught in a descending channel (you know, that thing where it goes down and doesn’t know how to get back up). The $2.7 area is the magic “demand zone,” and XRP just bounced off it like it was making a run for the door. But here’s the thing: as long as the descending resistance trendline is still a thing, the short-term outlook is still, you guessed it, corrective. So, you’re still holding your breath. 😳

If XRP retests the $3.1 zone and gets rejected-well, guess what? The correction continues. But, if it breaks through, then we’ve got a recovery party happening. But for now, it’s all about that $2.7 support zone. Keep your eyes on it like you’re waiting for a pizza delivery. 🍕

Read More

2025-09-23 16:18