It is a truth universally acknowledged, that a cryptocurrency in possession of rabid bulls must, at some point, suffer the dreadful mortification of their surrender. According to the ever-discerning observers at CoinStats, such a calamity has indeed overtaken the unfortunate XRP at weekās end.
XRP/USD
Pray, prepare your handkerchiefs: XRP, that darling of speculative society, has lost a rather impertinent 6.77% in only twenty-four hours! One must wonderādid it slip upon a loose floorboard, or perhaps, was there scandal involved?
Upon consulting the hourly chartāa pastime most divertingāthe price appears to fall with all the grace of Lady Catherine de Bourghās patience after hearing a slight. The crucial bastion of $2 has succumbed! Should these determined sellers persist, we may soon be scandalised by a visit to the $1.85ā$1.90 quarter. Heavens!
Examining the wider vista, the fortunes of XRP seem to have slipped through the stately fingers of the $2 support. Until that esteemed threshold is reclaimed, we may expect further degradationāperhaps toward the $1.80 principle. I daresay even Mr. Darcy would frown at such a prospect.
Alas, casting oneās eyes further, hope remains elusive: there is not a reversal signal in sight. Even the most romantic trader must put away their rose-coloured spectacles.
Should our beleaguered XRP continue its descent, next week’s rendezvous with the $1.77 support seems all but certain. At this momentāsteady your nerves!āthe poor creature languishes at $1.9414. šø
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2025-06-22 18:56