XRP’s Rollercoaster: Will It Plunge Below $2 Again? You Won’t Believe This!

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So, XRP had this little weekend rally, right? I mean, it looked pretty promising at first-like finding a twenty in your old jeans. But surprise, surprise! The price action is giving us that classic “not so fast!” vibe, and guess what? The Bollinger Bands are here to remind us who’s boss. After kicking off at $2.41 on Monday, XRP hit a brick wall and dropped nearly 7% in one day! Talk about a buzzkill! Just check out the TradingView chart; it’s like watching a bad magic trick where the rabbit just refuses to come out of the hat.

Now, this fourth biggest cryptocurrency is still hanging out below the midline of those Bollinger Bands, currently chilling at $2.4254. Until XRP decides to get its act together and close above that level, the market is just going to see this bounce as a mere counter-trend move-like a kid trying to impress their parents with a half-hearted cartwheel.

And what about that lower band, huh? It’s just lounging there at $1.6679, having been visited once last month like an unwanted relative. Who knew Bollinger Bands had family reunions?

Another angle for XRP

The daily chart is backing up this warning like a loyal dog. After a strong three-day hike that saw XRP leap from $1.90 to $2.41, buyers have been like, “Oh, wait, where’d everyone go?” It’s not holding up. The middle band on this daily chart is hanging around $1.96, probably just waiting to become the new hangout spot if prices keep sliding like a bad joke.

With the upper band rejecting attempts above $2.3, it seems we’re gearing up for another thrilling ride back to the sub-$2 liquidity zones. Buckle up, folks!

Short-term bulls might get another shot, but let’s be real-they’re not getting the highs they were dreaming of. If the market stays as volatile as your uncle after Thanksgiving dinner, and the upper band keeps saying, “Not today!” it’s not just possible-it’s practically a certainty that XRP will nosedive below $2. Welcome to the wild world of Bollinger Band pullbacks during unresolved weekly consolidations. It’s like a rollercoaster you didn’t sign up for!

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2026-01-07 17:19