XRP Price Struggles

Oh joy, XRP\’s price is just chillin\’ above $2.080, like it\’s trying to decide whether to moon or totally crash πŸš€πŸ’Έ. Anyway, it\’s currently stuck in a recovery wave, but don\’t get too excited, folks! The price is now consolidating and might struggle to clear the $2.10 resistance πŸ€”.

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  • XRP price started a recovery wave above the $2.060 zone, yay! πŸŽ‰
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  • The price is now trading above $2.050 and the 100-hourly Simple Moving Average, which is basically a fancy way of saying it\’s not totally garbage πŸ“Š.
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  • There\’s a bearish trend line forming with resistance at $2.0850 on the hourly chart of the XRP/USD pair, because who doesn\’t love a good trend line? πŸ“‰
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  • The pair could continue to move up if it settles above $2.10, but let\’s be real, that\’s a big if 🀷\u200d♀️.
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XRP Price Faces Rejection (aka The Fun Never Lasts)

XRP price remained supported above $2.020 and started a recovery wave, because who doesn\’t love a good recovery story? πŸ“ˆ Like Bitcoin and Ethereum, it climbed above $2.050 and $2.060 to enter a positive zone, but don\’t get too excited, it\’s not like it\’s going to the moon or anything πŸŒ•.

There was a spike above the 50% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low, but the bears were all, “Nah, we\’re good,” and defended a close above the $2.10 level πŸ“Š. Now there\’s a bearish trend line forming with resistance at $2.0850 on the hourly chart of the XRP/USD pair, because bears love trend lines 🐻.

The price is now trading above $2.050 and the 100-hourly Simple Moving Average, which is nice, I guess 🀷\u200d♀️. If there\’s a fresh upward move, the price might face resistance near the $2.10 level and the trend line, aka the ultimate party pooper πŸŽ‰.

A close above $2.120 could send the price to $2.160 and the 76.4% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low, which sounds like a whole lot of mumbo-jumbo πŸ€ͺ. The next hurdle sits at $2.20, and if it clears that, it might send the price toward the $2.2650 resistance, aka the ultimate test of strength πŸ‹οΈ\u200d♀️.

Another Drop? (Spoiler Alert: Probably)

If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline, because who needs hope, anyway? πŸ˜” Initial support on the downside is near the $2.050 level, and if it breaks, the next major support is near the $2.0150 level, aka the point of no return 🚨.

If there\’s a downside break and a close below the $2.0150 level, the price might continue to decline toward $1.950, and then $1.920, and eventually, $1.850, aka the XRP apocalypse πŸŒͺ️.

Technical Indicators, aka The Fun Stuff

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone, aka the fun zone 🎊.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level, which means it\’s basically a sell signal 🚨.

Major Support Levels – $2.050 and $2.0150, aka the levels at which XRP will probably crash 🀯.

Major Resistance Levels – $2.10 and $2.160, aka the levels at which XRP will probably get rejected πŸ˜”.

XRP Price Struggles

Oh joy, XRP’s price is just chillin’ above $2.080, like it’s trying to decide whether to moon or totally crash πŸš€πŸ’Έ. Anyway, it’s currently stuck in a recovery wave, but don’t get too excited, folks! The price is now consolidating and might struggle to clear the $2.10 resistance πŸ€”.

  • XRP price started a recovery wave above the $2.060 zone, yay! πŸŽ‰
  • The price is now trading above $2.050 and the 100-hourly Simple Moving Average, which is basically a fancy way of saying it’s not totally garbage πŸ“Š.
  • There’s a bearish trend line forming with resistance at $2.0850 on the hourly chart of the XRP/USD pair, because who doesn’t love a good trend line? πŸ“‰
  • The pair could continue to move up if it settles above $2.10, but let’s be real, that’s a big if πŸ€·β€β™€οΈ.

XRP Price Faces Rejection (aka The Fun Never Lasts)

XRP price remained supported above $2.020 and started a recovery wave, because who doesn’t love a good recovery story? πŸ“ˆ Like Bitcoin and Ethereum, it climbed above $2.050 and $2.060 to enter a positive zone, but don’t get too excited, it’s not like it’s going to the moon or anything πŸŒ•.

There was a spike above the 50% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low, but the bears were all, “Nah, we’re good,” and defended a close above the $2.10 level πŸ“Š. Now there’s a bearish trend line forming with resistance at $2.0850 on the hourly chart of the XRP/USD pair, because bears love trend lines 🐻.

The price is now trading above $2.050 and the 100-hourly Simple Moving Average, which is nice, I guess πŸ€·β€β™€οΈ. If there’s a fresh upward move, the price might face resistance near the $2.10 level and the trend line, aka the ultimate party pooper πŸŽ‰.

A close above $2.120 could send the price to $2.160 and the 76.4% Fib retracement level of the downward move from the $2.2130 swing high to the $1.990 low, which sounds like a whole lot of mumbo-jumbo πŸ€ͺ. The next hurdle sits at $2.20, and if it clears that, it might send the price toward the $2.2650 resistance, aka the ultimate test of strength πŸ‹οΈβ€β™€οΈ.

Another Drop? (Spoiler Alert: Probably)

If XRP fails to clear the $2.10 resistance zone, it could start a fresh decline, because who needs hope, anyway? πŸ˜” Initial support on the downside is near the $2.050 level, and if it breaks, the next major support is near the $2.0150 level, aka the point of no return 🚨.

If there’s a downside break and a close below the $2.0150 level, the price might continue to decline toward $1.950, and then $1.920, and eventually, $1.850, aka the XRP apocalypse πŸŒͺ️.

Technical Indicators, aka The Fun Stuff

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone, aka the fun zone 🎊.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level, which means it’s basically a sell signal 🚨.

Major Support Levels – $2.050 and $2.0150, aka the levels at which XRP will probably crash 🀯.

Major Resistance Levels – $2.10 and $2.160, aka the levels at which XRP will probably get rejected πŸ˜”.

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2025-12-09 07:39