So, XRP decided to wake up from its nap and climb above $2.050, like a toddler scaling a bookshelf to reach the cookies. Now it’s just hanging out, consolidating, and probably wondering if it should bother pushing past $2.20. 🍪
- XRP somehow managed to crawl above $1.980 and $2.050, which is impressive considering it’s basically digital Monopoly money.
- It’s now trading above $2.080 and the 100-hourly Simple Moving Average, which sounds fancy but is really just a glorified line on a chart.
- There’s a “bullish trend line” forming with support at $2.10, which is crypto-speak for “maybe it won’t crash… yet.”
- If it closes above $2.20, it might actually go up more, but let’s not get ahead of ourselves. 🐂
XRP managed to stay above the $1.880 support zone, which is like saying, “I didn’t fall off the couch today.” It then climbed above $1.980 and $2.00, which is basically the crypto equivalent of a participation trophy. 🏆
It hit a high of $2.24, but then, like a kid who ate too much candy, it started to crash. It dipped below $2.120 and even the 23.6% Fib retracement level, which is just a fancy way of saying “it went down a bit.”
But the bulls stepped in at $2.080, because apparently, they’re not ready to give up on this rollercoaster. Now it’s trading above $2.100 and that 100-hourly Simple Moving Average again. There’s also that “bullish trend line” at $2.10, which is probably just a figment of someone’s imagination. 🎨
On the upside, it might face resistance at $2.1680, then $2.20, and finally $2.250. If it somehow clears $2.250, it could go all the way to $2.320 or even $2.50, which is basically the crypto version of winning the lottery. 🎰
But if it fails to clear $2.20, it could start another decline, because why not? Initial support is at $2.10 and that trend line, followed by $2.080. If it breaks below $2.080, it might keep falling to $2.00 or even $1.920, which is basically the crypto equivalent of hitting rock bottom. 🪨
Technical Indicators:
Hourly MACD – It’s gaining pace in the bullish zone, which is like saying, “The car is moving, but we’re not sure if it’s toward a cliff.”
Hourly RSI – It’s above 50, which is crypto for “it’s not dead yet.”
Major Support Levels – $2.100 and $2.080, aka “the safety nets.”
Major Resistance Levels – $2.20 and $2.250, aka “the walls it might not climb.”
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2025-04-14 08:12