XRP’s $2 Dream Is Dead… Or Is It? 💸💸💸

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Ripple’s XRP is still playing the role of a sad, overworked office employee who’s been told to “just keep trying” even though no one believes in them anymore. 😭 The latest rejection near the $2.45-$2.55 resistance is like a passive-aggressive friend who says, “I’m not mad, just disappointed.” 🤷‍♀️

XRP Price Analysis

By Shayan (who’s clearly a wizard with a calculator and a cup of existential dread)

The Daily Chart

On the daily timeframe, XRP is still stuck in a never-ending loop of descending channels, because nothing says “excitement” like a 3D-printed maze. 🧩 After rebounding from the $2.1-$2.2 demand zone, the price has reclaimed ground toward $2.5, which is basically the financial equivalent of “I’m fine, really.” 🤡 A daily close above $2.6 would be the crypto version of “finally, a win!” but don’t get too excited-this is XRP, after all. 🚨

However, failure to break this level could lead to another rejection, keeping XRP inside its mid-term descending pattern and possibly triggering a retest of the $2.3-$2.2 support zone. RSI has broken above the midline, which is like a tiny flicker of hope in a room full of doomscrollers. 🧠

The 4-Hour Chart

On the 4-hour chart, XRP continues to track within a clean descending channel, with well-defined lower highs and lower lows shaping its short-term market structure. It’s like a toddler’s drawing but with more financial anxiety. 🖌️ The most recent rally into the $2.45-$2.55 rejection zone aligned perfectly with the channel’s midline, confirming its role as an active seller’s base. 🧟‍♂️

Following the rejection, the price slid back toward the $2.20-$2.25 region, where a soft reaction occurred, though momentum remains weak. The dotted internal trendline from the earlier breakdown continues to serve as intraday resistance, preventing bullish continuation attempts. It’s like a bouncer at a club that’s 100% sure you’re not invited. 🚫

The broader characteristic of this chart is compression. The price is drifting lower within the channel, but volatility is contracting, indicating that sellers are losing strength while buyers are selectively accumulating at the bottom boundary. It’s the financial equivalent of a slow burn. 🔥

This type of price action often precedes a larger expansion move, but the direction will depend entirely on whether XRP breaks above the descending trendline (bullish) or falls below the $2.15 support (bearish). Choose your adventure! 📚

A sweep into the lower boundary near $2.05 followed by a sharp reversal would fit the textbook model of a final liquidity grab before a corrective bounce. Conversely, losing this level would likely accelerate the downtrend into the deeper $1.75 liquidity pocket. It’s a high-stakes game of “will it or won’t it?” 🎰

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2025-11-16 19:46