Well now, it appears the bulls are saddlin’ up again after takin’ a nap longer than Aunt Polly’s Sunday stories, if you’re to take CoinMarketCap’s word—which I reckon is sometimes as shifty as a Mississippi catfish.
XRP/USD
Yessir, XRP’s struttin’ around with its chest puffed out, up 2.43% in just 24 hours. That may not get your grandma outta bed, but it’s somethin’ to squint at.
Glancin’ at the hourly chart, I see XRP’s rate is sidlin’ mighty close to its local support—as if it’s afraid to ask the resistance for a dance. If them buyers don’t muster up some backbone by sundown, well, traders might see the support snap like a twig and we all tumble down to $2.12 faster than Huck Finn runnin’ from trouble.
Poke your nose into the daily chart and you’ll catch a whiff of bearish mood—a regular church picnic for pessimists. Should that candle close right down yonder or even lower, we’ll be testing $2.10 soon enough. Might wanna keep your hats on for that one! 🎩
Mid-term? Neither the bulls nor the bears are gettin’ their supper just yet. So it’s a good idea to keep your eyes on that $2 mark—if it dips lower, reckon we’ll be driftin’ toward $1.7711, like a raft without a paddle.
Last I heard, XRP was trading at $2.1263. Now, whether that’s good news or bad depends on if your glass is half full or if you dropped it in the river. 🚣♂️
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2025-05-07 17:06