So, XRP is sitting right under this key resistance at $2.45 to $2.46. Inching closer. Teasing. It’s like when you’re on a diet and somebody waves a bagel in your face. You want it. You almost bite. You DON’T bite. That’s XRP right now: bagel-adjacent 🍩.
Now, it tried to get through, like a guy at a movie theater yelling “I know the owner!” at the exit. But no, nothing clear. The price range is like a velvet rope at a club, and XRP’s not on the list. Yet. Traders are hovering, watching, waiting—like pigeons near a dropped sandwich. Total suspense.
Last week? XRP up 11%. Not bad. Everyone’s suddenly perking up, like “Hey, maybe something’s happening here.” On May 10, this analyst, Ali Martinez—who probably has more monitors than friends—says the SuperTrend indicator flashed a buy signal. SuperTrend! 👻 Am I the only one who thinks that sounds like a Mario Kart powerup?
The SuperTrend indicator just flashed a buy signal for $XRP!
— Ali (@ali_charts) May 10, 2025
This SuperTrend thing, it’s supposed to tell you: “Hey, the mood’s changing, get in while it’s hot.” Price pops above SuperTrend—boom, suddenly it’s bullish. Or is it? I mean, any indicator that says “bullish!” right before the rug gets pulled… classic crypto move.
But wait, there’s more! (Cue infomercial music 🎺) Ali’s seeing some kind of weird triangle on the chart, like my last attempt at home improvement. If this pattern works and XRP breaks out, Ali’s saying $15 is possible. $15! From $2.50! Sure, and my cousin’s screenplay is “about to get picked up.”
If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15.
— Ali (@ali_charts) May 11, 2025
Looking closer: XRP’s testing this weird $2.45-$2.46 resistance—picture a guy poking at a beehive with a stick. Bulls tried to charge through, but—nah. It’s like trying to return a sweater after 31 days. You’re just not getting in.
BUT the vibe is good. XRP is above all these moving averages. Ten days, 200 days, who’s counting? The relative strength index is 61, which apparently means: “Eh, we’re doing fine, don’t get carried away.” It’s like getting a B+ on your report card. Promising, but mom still asks, “What happened to the A?”
Momentum and MACD—yes, more acronyms!—both pointing up. If XRP finally stomps over $2.46, suddenly—boom! Resistance is support, and we might actually go somewhere. But if not? Could slip back to the $2.25–$2.16 area, which is as exciting as lost socks.
Here’s the kicker. Fundamentally, things are getting less ugly. Ripple and the SEC—these two have been fighting forever—finally agreed to call it. Withdraw appeals, move on. It’s like the end of a bad sitcom season.
And institutions are sniffing around. XRP ETF? Live since April. Spot ETF filings waiting for the official adult in the room to say yes. If they get approval, great—if not, eh, there’s always next season. 📈 🤷♂️
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2025-05-12 09:35