🐄 Will XRP Tumble to $2.78 or Soar to $3.6? Bulls Hold Firm! 🦁

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In the whimsical world of stocks-a world where adults pretend to gamble with their savings-XRP, our dear protagonist, made quite the entrance toward the weekend. It all started when the markets, like a couple in anticipation of a grand ball, speculated on a possible rate cut at the coming Fed assembly. This excitement was further fueled by Mr. Jerome Powell’s latest soliloquy echoing the valleys of Wyoming’s Jackson Hole.

From its complacent $2.78 slumber, XRP sprang to a lively $3.10 on Friday, traders embracing the dip with revived optimism for the Fed’s mood. An unexpected twist in the tale was the court drama involving Ripple and the SEC-a saga now closing with the appeal’s final curtain drop, a much-needed reprieve from the legal limbo ensnaring the company for five remarkable years.

A momentary sigh clouded the market as profits were claimed and XRP commenced its tedious second dip since August 22nd. At this writing, our hero dons a modest cloak-down 0.76% in a day and 3.97% for the week, loitering at $3.

Ah, but where’s our drama without a twist? Despite the bears’ best efforts, XRP bravely clings to its $3 badge of honor. Resilience is, after all, the theme of many an Anton Chekhov tale-whether it be a hare scurrying away from human grasp or our digital token defying gravity.

On Saturday and early Sunday, our asset flirted perilously close to $2.96 and $2.99, respectively, only to rebound with the tender stubbornness of youthful romance. Crypto oracle Ali whispers of a possible $3.60 renaissance, the plot seemingly thickens with every rebound above the pivotal $3 line.

$XRP is poised for a wild ride to $3.60!- Ali (@ali_charts) August 23, 2025

Much like the weather in Chekhov’s Moscow, technical prognosticators eye the RSI with air of a weathered barometer, sticking at the indecisive mid-point of 50. Should XRP tumble, it may seek solace at its former bastions, $2.96 and $2.78.

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2025-08-24 16:50