Oh, dear me! The XRP price, that mischievous little creature, has tumbled headfirst into the Gulp Swamp and is now floundering below $1.3650. It’s clinging to the edges of the mire but faces a gauntlet of ghoulish guards near $1.3620 and $1.4120. What a dreary day for digital coins!
- XRP, that slippery eel, began another slide show and slipped beneath the $1.350 zone, leaving traders howling like wolves at the moon.
- Now it’s wallowing below $1.3650 and the 100-hourly SMA, two of its most untrustworthy friends.
- A sinister bearish trend line is plotting with resistance at $1.4250, like a crocodile wearing a top hat on the hourly chart of the XRP/USD pair.
- If XRP stays south of $1.450, it’ll be handed straight to the goblins of gloom. No escaping their clutches now.
XRP’s Descent into the Dark
XRP tried to sneak above $1.40, but the door slammed shut like a grumpy troll. It plummeted below $1.380 and $1.3650, tumbling into a short-term bearish cave. How very convenient for the doomsayers!
The price then performed a belly flop into the $1.350 puddle, splashing a low at $1.330. Now it’s wallowing in the 23.6% Fib retracement, where the shadows grow long and the hope grows thin.
With its nose below $1.3650 and the 100-hourly SMA, XRP must now dodge the $1.3620 resistance, a gatekeeper with a pointy stick. The next hurdles? The $1.3810 tollbooth and the $1.4120 dragon’s lair.
Above $1.4250 lies a bearish trend line, plotting mischief. If XRP dares to climb past it, the price might stagger toward $1.450, though it’ll likely trip over a banana peel first.
Will XRP Escape the Abyss?
If XRP can’t wriggle past $1.4120, it’ll be tossed back into the Gulp Swamp. The first lifebuoy is $1.3320, but it’s as reliable as a soggy umbrella. The next support? A wobbly stool at $1.3300.
If XRP falls below that, it’ll be dragged toward $1.3120, where the gnomes of gloom throw parties. The next stop? The $1.30 zone, and beyond lies the $1.2840 dungeon. How thrilling!
Technical Indicators
Hourly MACD – The grumpy old man of momentum is stomping his bearish boots faster now. You can hear his grumbles from here!
Hourly RSI – The gloomy cloud of sentiment has lost all its spark, now slinking below 50 like a deflated balloon.
Major Support Levels – $1.3320 and $1.3300. Don’t get your hopes up; they’re about as sturdy as a house of cards.
Major Resistance Levels – $1.3810 and $1.4120. The price must conquer these, or it’ll be fed to the goblins.
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2026-02-23 07:59