Ah, crypto – where the punchlines are as unpredictable as the market! Our pal John, the oracle of absurdity, claims XRP might plunge to mid-2024 levels. It’s like watching a slapstick routine where the punchline is your portfolio! 😂
XRP Takes a Dive, and It’s Funnier Than You Think!
On TradingView, John drops clues like a wisecracking fortune teller. Picture this: XRP might nosedive all the way down to a Fib level of $0.3827 – ultra-bullish if you squint hard enough (and maybe have a touch of madness)! 🙃
He also points out key price pit stops at $1.89, $1.53, and $1. And if XRP decides to rally? Well, hold onto your hats because $2.6 and $3.4 are in the mix. But for now, John’s more bearish than a grumpy critter at a stand-up show, thanks to technical patterns that would make even Mel Brooks smirk.
Imagine a bearish engulfing pattern from late March joining a hanging man, tweezer top, and falling three – like a bizarre magic act gone wrong. Expect new lows before the asset surprises everyone by vaulting over its all-time high (ATH)! 🤣
According to John’s chart, XRP might cozy up at a demand zone of $0.86 before rocketing above $3.5. He cheekily calls $1.5353 the “golden zone” and $1.0284 the perfect entry – bargain prices for those who dare to laugh in the face of danger!
And if XRP dips below $1, well, that’s a steal! John hints that between $1.0284 and $0.3827 lies the risk zone, with a neckline (no, not the chic 80’s hairdo) of the Quadruple Bottom Pattern between $0.6291 and $0.7850. Comedy and crisis, all rolled into one!
A Higher Chance of a Slapstick Slip
Meanwhile, crypto analyst Egrag Crypto predicts a 70% chance of XRP taking a pratfall to the downside and only a 30% chance for an upward jig. If it tumbles, expect a dramatic drop to around $0.65. But if it rallies? It could skyrocket to a jaw-dropping $17.50 – talk about a gopher ball in the midst of chaos!
In yet another X post, Egrag Crypto warns that if any candle dares to close in the “heavy demand zone” below $2, the bears run the circus while the bulls eat their popcorn. Welcome to the crypto carnival!
At press time, XRP’s trading around $1.77 – down more than 16% in the last 24 hours. Now, if that isn’t a riot, I don’t know what is! 🤡
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2025-04-07 23:14