XRP: Gonna Make It or Break It? 😬

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Now, listen here. Folks are all riled up about this here XRP, a digital doodad if you please. Seems it’s teeterin’ on a precipice, like a saloon gambler with a bad hand. They say it needs to hold above a couple o’ prices – $2.77 and $2.65, specifically – or else the whole shebang might go south faster than a greased pig at a county fair. 💰

What the Fuss is About

This XRP is currently hangin’ ‘round the $2.8 mark, clingin’ to a movin’ average like a barnacle to a ship’s hull. An expert fella named EGRAG CRYPTO – bless his analytical heart – says if it falls through that $2.77 level, “we could see further downside, which isn’t what we want to hear.” Sounds about right. Ain’t nothin’ good come from fallin’ down.

Now, $2.77 is just a little bump in the road. The real trouble begins ’round $2.65. Been a pivotal point in the past, they say. Fail to hold that, and you’re lookin’ at $2.50, then $2.37-$2.41, and finally, the 200 EMA at a paltry $1.85. Sounds like a whole heap o’ worryin’ to me. 😟

Throwin’ Back What, Exactly?

EGRAG goes on to say this XRP done completed a “5-wave downside move,” which sounds mighty complicated. Reached $2.82, he says, callin’ it the “Throw Back Process.” Sounds like somethin’ a medicine show man would invent. Apparently, it confirms somethin’ they predicted earlier. Rejection at $3.13, you see. A right stubborn resistance point, it is.

They reckon it might retest $2.65 if folks start sellin’ in a panic. But if it climbs above $2.94 – where a couple o’ lines on a chart meet up, for reasons known only to them chart fellas – then maybe, just maybe, things’ll look up. Might even try for $3.13 and $3.40. A fella can dream, can’t he?

Folks Accumulatin’ What Now?

Now, a lady named Erica Hazel – a smart one, by all accounts – says 76% o’ traders are “long” on this thing. Means they’re bettin’ it’ll go up. And a good $66 million flowed out o’ the market in just two days. She figures big shots are stockin’ up, preparin’ for a rise. Sounds a bit like a poker game with more cash than sense. 🤔

She also says this XRP broke free from a trendline that’s been holdin’ it down since July. And a retest of $2.95 held firm. As long as it stays above $2.95 and $2.85, the bullish setup remains valid. Seems these folks operate on faith and curves on a graph.

More resistance at $2.96 and $3.13 too. Break those, and it *might* reach $3.31. The big test’s at $3.64. Hazel says:

$XRP is grinding higher after retesting $2.95 support.

• 76% of traders are long (Binance L/S ratio 3.34)

• $66M+ outflows in 48h = clear accumulation

• RSI neutral at 54, EMA still holding

Next key test: $3.64 resistance. Break it, and bulls take full control.#XRP #Ripple

– Erica Hazel (@Erica__Hazel) September 22, 2025

Now, that RSI thingamajig stands at 54, which Hazel says is “neutral.” Gives it room to move, she reckons. And the 50-day EMA is still climb’n and provides support. Volatility’s still around, but they all agree: gettin’ above $2.65 is key to keepin’ the optimism alive. Seems to me, it’s all a gamble, just a fancier one with charts and percentages. 🤠

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2025-09-22 12:22