Dragonfly Doji: XRP’s Sky-High Woes Before CLARITY Act Drama 🐉📉

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XRP clings to its perch at $2, but a dragonfly doji casts a long shadow of doubt. The coin’s weekly chart looks like a spiderweb spun by a nervous investor, ready to unravel if macro events don’t play nice.

  • XRP’s dragonfly doji? A bearish omen written in candlestick hieroglyphs.
  • CPI numbers and CLARITY Act drama: the week’s “must-watch” crypto soap opera.
  • Goldman Sachs et al. are about to spill tea-will it be hot or just lukewarm?

Ripple (XRP) flutters at $2.0840, a 43% tumble from its peak. The crypto market’s latest tantrum has XRP playing the role of the jilted lover in a love triangle with inflation, regulation, and the Fed’s red pen.

This week’s plot thickens with CPI data dropping like a lead balloon. December’s headline CPI? 2.6%. Core CPI? Still limping at 2.6%. Inflation’s on a diet, but don’t expect a thank-you note from XRP. A fat CPI report would send crypto into a tailspin faster than a toddler spotting a cookie jar.

Meanwhile, the CLARITY Act markup looms like a storm cloud. Will it clear the skies for crypto, or rain down more regulatory mud? Only the Senate knows-and they’re as cryptic as a Bitcoin wallet password.

Earnings season is next. Big banks will flex their balance sheets. If Goldman Sachs and BlackRock grin wider than a Cheshire cat, maybe XRP gets a sliver of hope. But if they yawn? Buckle up for a rollercoaster ride. 🎢

XRP Price Technical Analysis

The weekly chart paints a bleak tale: a dragonfly doji with a long upper shadow, like a broken wing waiting to plummet. XRP’s double-top at $3.3962 is now a ghost town, and the 50-week moving average? A cold, unforgiving wall.

Support levels? $1.6200 is the last line of defense, but it’s been breached before. If XRP falls below that, $1.50 might as well be the moon. The market’s holding its breath, and XRP’s dancing on a tightrope strung over a canyon of uncertainty. 🌪️

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2026-01-12 23:27