So, XRP tried to bounce above $3.00 like it was auditioning for a trampoline commercial, but nope-gravity won. Now it’s slipping and if it falls below $2.70, well, you might want to grab popcorn… or maybe just cry into it. 😬
- XRP’s ego took a hit, falling back under $3.00. Shocking, we know.
- Currently limping below $2.85 and that fancy 100-hourly Simple Moving Average thingamajig.
- An ominous bearish trend line at $2.80 is waving a big “stop right there” sign. Thanks, Kraken data, for the drama.
- Stay below $2.85 and don’t be surprised if it keeps tumbling like your New Year’s resolutions.
XRP Price Takes a Not-So-Graceful Dive
XRP decided to join the “let’s fall together” party, hanging out below $3.00 alongside Bitcoin and Ethereum. It slithered past $2.95 and $2.92, entering full-on bear mode.
Bears pushed it under $2.85 and that 100-hour average like it was the annoying kid blocking the hallway. Then it nosedived below $2.80 to test $2.74’s patience. After hitting a low at $2.738, XRP is now awkwardly hovering below the 23.6% Fib retracement-because who doesn’t love a bit of fancy math in a meltdown?
That $2.80 resistance and the dreaded bearish trend line? Still hanging around like your ex at a party.
If bulls want to avoid complete meltdown, they better guard $2.72 like it’s the last donut in the office. On the bright side (if you squint), breaking above $2.82 might push XRP toward $2.85. Dream big, right?
More wins could shoot the price toward $2.90 and maybe even challenge the mythical $3.00. Spoiler alert: That’s a big if.
More Losses Incoming? Grab Your Tissues
If XRP can’t bust through $2.82, it’s sliding back down. First stop is $2.72, the sad little safety net.
Break and close below $2.65 and XRP might just take a nosedive to $2.60. Beyond that? $2.50 is lurking like a trapdoor to bearish town.
Technical Indicators, Because We All Love Jargon
Hourly MACD: Speeding up in the bearish lane. Vroom vroom, but in reverse.
Hourly RSI: Below 50-basically the crypto equivalent of looking at your bank account after a weekend out.
Major Support: $2.72 and $2.65, aka the “please don’t fail me now” zones.
Major Resistance: $2.85 and $2.90, those pesky hurdles XRP just can’t seem to clear.
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2025-09-01 07:23