Hold onto Your Hats! XRP’s Big Breakout Might Just Be a Fool’s Errand
XRP/USDT keeps respecting a big ol’ descending channel—like a kid who’s been told to stay inside the lines but wants to paint outside ’em. Recently, it tried to climb above the $2.60–$2.80 resistance, but no dice—just a big fat wall. Down below, the $2.10–$2.30 support still looks to be the spot where the rain might start pouring. Both the 100-day and 200-day moving averages are just sittin’ there below like a couple of stubborn old men, refusing to cheer it on. Break that support, and it’s headed for the $1.90 zone faster than a fox in a henhouse. But if it breaks out above $2.60, look out—the price could tiptoe up to $3.20! Meanwhile, RSI’s sitting at a middle-of-the-road 50%, giving off vibes of “meh” with a side of “maybe a little sad.”

