XRP’s Despair: The Ripple That Can’t Come Up for Air 🚨

Ah, XRP-poor, neglected Ripple-drifting downward as if caught in a Kafkaesque nightmare where every bounce feels like a cruel joke. Markets are mesmerized by the spectacle that is BTC and ETH, leaving XRP to quietly hemorrhage, like a sad clown slipping on its own banana peel, while the world watches in amused indifference. The decline isn’t just a dip; it’s a full-blown demise, a slow descent into obscurity where even the bravest buyers seem to have lost their nerve, and support levels are now just wistful memories.

Technical Fantasies and Delusions

By Shayan, the prophet of broken charts

The USDT Pair: A Trapped Mouse in a Corner 🍭

XRPUSDT is ensnared within a gruesome descending channel, like a poor soul wandering a cursed maze. Just the other day, it plummeted below the ominous $1.90 threshold, now tiptoeing toward the abyss at the channel’s lower edge. Lower highs and lower lows-it’s almost poetic if you enjoy the tragedy-poised in a dance of decay. The RSI? Still dead silent, with no sign of a bullish miracle. The moving averages-those ancient oracles-are both sloping downward, ignoring any pleas for salvation at around $2.50. Support? Traders are eyeing the $1.75-$1.80 zone, but beyond that, it’s a rollercoaster to $1.50, where hopes go to die.

The BTC Pair: A Tale of Woe and Sarcasm 🥲

And oh, the illustrious BTC pair-think of it as XRP’s tragic opera. After flirting with a rising wedge in late October and early November, it decided to give everyone a final, theatrical breakdown last week. The resulting scene? XRPBTC now traipses at around 2,170 sats-well below the 2,400 before the collapse-like a sad clown after the act, clutching a handful of broken dreams. RSI teeters toward oversold, yet signals? Nada. The next crash zone looms ominously at 2,000 sats, where XRP once found its dignity earlier this year. If buyers don’t muster up some courage and reclaim 2,400 sats, XRP might just perform a dramatic exit into the sunset, underperforming BTC all through the end of the year-cue the dramatic music.

XRPBTC chart depicting the decline

Read More

2025-12-16 18:16