Will XRP Bounce Back or Dive? The Truth Explodes 🚀💥

Oh, XRP, you clingy little coin. Just when you thought you had the world’s attention with a tiny streak of green, you decide to go all moody and drop back into the red. Classic crypto drama. Master Ananda, our fearless fortune-teller, points out a lovely little trend: a chart that’s as reliable as a weather forecast in April. So, hold onto your wallets, because short-term XRP’s future is as predictable as my unsolicited opinions—uncertain and probably headed south. 🙄

4 Green Days? Nah, Just a Fluke 🌤️

After an epic crash—surprising no one—XRP did its best impression of a comeback. First, three days in a row of green candles, just to tease us all. “Look, I’m rallying!” it seemed to say. But, surprise! No volume. Yep, the rally had the emotional depth of a plastic plant. The anticipated volume spike? Nope. Instead, XRP’s volume went into hiding faster than my ex during an argument. So, naturally, it all came crashing down, and now XRP’s red in the face for the first time in June. If the volume doesn’t show up, don’t expect a happy ending. Spoiler alert: it might just tumble below $2. and we all get to watch it happen. 😬

Resistance is knocking at $2.2959, right at that fancy 0.382 Fibonacci level. But here’s the thing—without volume, that resistance is about as useful as a screen door on a submarine. If XRP can’t muster a spike in trading frenzy, it’s clear we’re heading back down, maybe even below the sacred $2 mark. Just perfect, right?

Volumes Are Ditching XRP, But Traders Still Bet on It 😅

According to Coinglass—and honestly, who’s surprised?—XRP’s daily volume is doing its best impression of a bear market. Less than $5 billion traded daily in June? That’s practically a ghost town. Investors? Wary as cats around water. Meanwhile, open interest—because traders love to gamble—hovers at $3.94 billion, with most betting XRP will tumble further. Over half, actually, 52.75%, prefer the ‘fall and pray’ strategy, while 47.25% are still clinging to hope. Because nothing says confidence like betting against your money disappearing. 🙃

2025-06-06 14:47

4 Green Days? Nah, Just a Fluke 🌤️

Volumes Are Ditching XRP, But Traders Still Bet on It 😅

Read More