XRP’s Wild Ride: Will It Hit $4 or Crash? 🚀💰

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Mark my words, the XRP chart took a jaunt to a new all-time high last week, but then it did the sleight of hand and retraced like a mischievous pup. It tried to leap above $3.6, but the sellers, those cunning foxes, came back with a vengeance.

Key Support levels: $3, $3.4 — a pair of lifelines for the desperate.

Key Resistance levels: $3.6, $4 — the gates of heaven, or so the bulls keep whispering.

1. Sellers Defend the Key Resistance

XRP had a rally so fierce in July, it was like a steamboat charging up the Mississippi. From $2 to $3.6 in two weeks — but alas, the $3.6 barrier proved as stubborn as a mule. The sellers, those crafty rascals, returned to thwart the charge, sending the price into a tailspin. If the selling gets more aggressive, the price might hunker down at $3.4 or even $3, the latter being a pit of despair.

2. Momentum Remains Bullish

Though the price is taking a breather, the momentum on higher timeframes is as bullish as a rooster in a henhouse. The weekly MACD, that sly fox, made a bullish cross two weeks back. Since then, it’s been a race to the top, with the MACD histogram making higher highs — a spectacle as thrilling as a circus act.

3. RSI Is Overbought

Another reason XRP couldn’t break $3.6? The buyers, those overworked donkeys, were too tired to keep pulling. The daily RSI, that overzealous jester, is now in the overbought zone and taking a nosedive. The price may keep falling until it finds support — and the best bet? $3, the land of lost hopes and dreams. 🧠🧙‍♂️

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2025-07-23 13:39