Ah, dear reader, gather ’round as we embark on a whimsical journey through the tumultuous world of Ripple‘s price! It seems our dear XRP has decided to take a little vacation after its exuberant escapade that began in the balmy days of June. Alas, the USDT and BTC pairs are now donning their gloomy faces, hinting at a bearish waltz that has investors peering through their crystal balls, wondering if the support levels can withstand the impending doom—or at least a mild inconvenience.
Technical Shenanigans
By ShayanMarkets, the oracle of the crypto realm.
The USDT Pair
In the grand theater of the XRP/USDT pair, our beloved token has been frolicking since early July, only to be rudely interrupted by a swift descent after teasing the liquidity above the illustrious $3.40 high. Now, it finds itself retreating towards the 100-day and 200-day moving averages, which are cozily nestled around the $2.50 mark, having just performed a rather dramatic bullish crossover. Bravo!
But lo and behold! The $3.00 level has slipped through our fingers like a bar of soap in a bathtub. If a miraculous recovery doesn’t occur posthaste, those moving averages will become the next targets in this tragicomedy. While their convergence offers a glimmer of hope, should they falter, we might be staring into the abyss of a $1.60 plunge. Oh, the humanity! 
The BTC Pair
Meanwhile, in the parallel universe of the XRP/BTC pair, a similar tale unfolds. After a swift rejection from the lofty heights of the 3,200 SAT resistance zone, the price is now testing the 200-day moving average, along with the higher boundary of the broken descending channel, which is hovering around the 2,500 SAT mark. How quaint!
The RSI, that fickle friend, has plummeted from the dizzying heights of overbought euphoria to just below the 50 mark, signaling a shift in momentum that could rival a soap opera plot twist. Should the 2,500 SAT support zone crumble like a poorly baked soufflé, we may find ourselves tumbling back into the channel, with a potential descent towards the 2,000 SAT area. This, dear reader, could lead to a prolonged period of consolidation, resetting our current bullish trend. What a delightful mess! 
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2025-08-03 22:41