XRP’s Descent: Will the Market Embrace the Abyss? 😱📉

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In the shadow of the market’s inexorable descent, XRP flails like a soul damned to purgatory, its feeble attempts at defiance crumbling beneath the weight of cosmic indifference. Buyers, those hapless idealists, stagger backward, their momentum snuffed out by bearish structures that loom like the scaffolding of some grand, malevolent cathedral. Is this the price of hubris? Or merely the universe’s cruel joke? 🤷‍♂️

XRP Price Technical Research

By Shayan

The USDT Pair

Ah, XRPUSDT-a tragic hero in the grand opera of crypto. It shattered its descending channel with the fervor of a sinner confessing all, now trading below the $2 threshold, once sacred, now defiled into a resistance zone. The price plummets toward $1.75, a demand area that whispers promises of salvation-or deeper despair. One might call it poetic justice.

The RSI, that fickle barometer of hope, teeters near 30, a number that might fool the naive into believing in a bounce. But let us not delude ourselves: without reclaiming $2, the bearish script remains unaltered. Should the selling pressure persist, $1.50 awaits like a waiting room in Hell. A vacation, one might say, for the financially destitute. 🏝️

The BTC Pair

Against Bitcoin, XRP’s relative weakness is a masterclass in humiliation. It clings to the 2,200 SAT mark like a leech to a dying host, while the 100-day and 200-day moving averages-those serpentine resistances-coils around 2,400 SAT, a barrier that might as well be the gates of Valhalla. Can XRP breach this? Only to be met by a chorus of sell orders, no doubt.

The RSI here, languishing at 46, is as neutral as a monk’s demeanor, betraying no hint of direction. Yet, should the price capitulate below 2,000 SAT, the descent will be a pilgrimage to 1,700 SAT, then 1,500 SAT-a journey marked by weeping emojis and the faint echo of shattered dreams. 😢

 

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2025-11-22 21:14