XRP’s Price: A Rollercoaster of Hope and Despair 🎢💸

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XRP price gained pace for a move above the $3.00 resistance. The price is now consolidating gains and might start another increase above $3.080. Oh, because nothing says “excitement” like watching a number on a screen bounce around like a caffeinated squirrel 🐿️.

  • XRP price is facing hurdles and struggling to clear the $3.080 resistance. How brave of it! I mean, who doesn’t want to tackle a number that’s as stubborn as a toddler refusing to nap?
  • The price is now trading above $3.00 and the 100-hourly Simple Moving Average. Because nothing says “serious investor” like tracking a moving average that’s as reliable as a toddler’s promise to clean their room.
  • There is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair. Oh, of course! Because nothing says “bullish” like a line that’s as sturdy as a house of cards in a hurricane.
  • The pair could continue to rise if it stays above the $2.950 zone. Because nothing says “optimism” like betting on a number that’s as stable as a Jenga tower after a toddler’s intervention.

XRP Price Eyes Upside Break

XRP price managed to stay above the $2.880 level and started a fresh increase, beating Bitcoin and Ethereum. Because nothing says “victory” like a cryptocurrency outperforming its more famous cousins. 🦄

The price climbed above the $2.920 and $2.980 resistance levels. Oh, how thrilling! Who needs sleep when you can watch a number on a screen go up and down like a yo-yo?

The bulls even pumped the price above the $3.020 level. A high was formed at $3.0725 and the price is now consolidating gains. Because nothing says “confidence” like a price that’s as consistent as a weather forecast in April.

There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. Oh, how scientific! Calculating percentages that are as relevant as the number of socks in your drawer.

The price is now trading above $3.00 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair. Because who doesn’t want to track a trend line that’s as useful as a chocolate teapot?

If the bulls protect the $3.00 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.050 level. The first major resistance is near the $3.080 level. A clear move above the $3.080 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20. Oh, how thrilling! A price that’s as predictable as a weather forecast in April.

Downside Correction?

If XRP fails to clear the $3.080 resistance zone, it could continue to move down. Initial support on the downside is near the $3.00 level. The next major support is near the $2.9880 level and the 50% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. Because nothing says “hope” like a support level that’s as reliable as a toddler’s promise to clean their room.

If there is a downside break and a close below the $2.9880 level, the price might continue to decline toward $2.950. The next major support sits near the $2.920 zone, below which the price could gain bearish momentum. Oh, how exciting! A price that’s as stable as a Jenga tower after a toddler’s intervention.

Technical Indicators

Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Oh, how exciting! A technical indicator that’s finally showing some life, like a zombie in a horror movie.

Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Because nothing says “overbought” like a number that’s just barely above the 50 mark. How thrilling.

Major Support Levels – $3.020 and $3.00. Because who doesn’t want to watch a price bounce between two numbers that are as reliable as a weather forecast in April?

Major Resistance Levels – $3.080 and $3.120. Oh, how predictable! A resistance that’s as firm as a toddler’s resolve to stay awake past bedtime.

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2025-09-12 07:48