Like a peasant staring at the ruins of his burnt-down hut, the XRP price languishes below the once-hopeful $2.950 resistance, as bears gnaw upon its carcass with renewed vigor. The flicker of recovery grows dimmer, and the specter of further decline looms-perhaps even below the pitiful $2.820.
- XRP, much like Anna Karenina’s marriage prospects, is sinking below $2.950 and $2.920. Tragedy is inevitable.
- It now cowers beneath $2.920, as the 100-hourly Simple Moving Average looms overhead like a disapproving tsar.
- A pitiless trend line slithers into view, mocking all resistance at $2.910 on the hourly chart-a chart no doubt scribbled by a drunken clerk at Kraken.
- The coin, like a gambler chasing losses, may plunge deeper into despair if it dares not reclaim the lofty heights of $3.00.
XRP: A Modern Greek Tragedy 📜
The XRP price, like the Russian winter, is unrelenting in its cruelty. Having crossed the Rubicon (or rather, $3.00) into the bearish wastes, it now scrapes against the $2.820 support-a feeble peasant’s last crust of bread.
A brief rally above $2.90 teased salvation, like Napoleon glimpsing Moscow before realizing it was on fire. Alas, the bears-armed with Fibonacci retracements and cold indifference-swatted it down at the 61.8% level. Cruelty knows no bounds.

The first true resistance lurks at $2.950, a distant kingdom guarded by trolls. Should the price miraculously conquer it, $3.00 awaits-like a reunion with a long-lost lover who may or may not remember you. Beyond that lies $3.20, a myth whispered by traders who’ve had too much kvass.
Descent Into Madness 🤡
Should $2.90 prove too formidable, XRP may spiral downward like an aristocrat exiled to Siberia. Initial suffering begins at $2.820, followed by the truly grim $2.80. Below that? $2.7650, then $2.750-each step a new circle of financial hell.
Technical Indicators (Or: Why You Should’ve Bought Potatoes Instead)
Hourly MACD – The MACD, much like Rasputin‘s reputation, grows darker by the minute.
Hourly RSI – The RSI sulks below 50, embodying the collective sigh of bagholders worldwide.
Major Support Levels – $2.820 and $2.7650. Or, as Tolstoy would say, “hopelessness and despair.”
Major Resistance Levels – $2.90 and $2.950. The hopeful delusions of a man who hasn’t checked his portfolio yet.
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2025-08-22 07:18