XRP’s having a bit of a wobble, teetering on the edge of a very expensive cliff. Bulls are sweating bullets as the price hovers near $3.00, because if this level crumbles? Cue the dramatic music 🎻 We’re looking at a deeper correction than a therapist’s notebook.
Resistance Ahead: What’s Next If $3 Support Holds
Market analyst CasiTrades recently posted about a “potentially explosive setup” forming as XRP tests the $3.00 support zone. Translation: fingers crossed, folks. Unfortunately, XRP couldn’t hack it at $3.21—classic case of “almost, but not quite” syndrome. Back to the drawing board at $3.00, which has historically been XRP’s emotional support dog, refusing to let the price spiral into chaos.
Here’s the silver lining: no new lows! The token’s throwing a tantrum but hasn’t smashed any records. Chart patterns suggest we might’ve just finished a subwave 2 correction—fancy talk for “taking a breath before the sprint.” And oh, this retracement hit a 0.854 Fibonacci level. Wave 2’s favorite hangout spot! If $3.00 holds, subwave 3 could blast off like a caffeinated squirrel 🐿️⚡
Volume picking up? XRP reclaiming $3.21? That’s the plot twist we’ve been waiting for. Clear that level with gusto, and suddenly we’re looking at a moonshot toward $3.82—the 2.618 Fibonacci extension. Fun fact: this level’s also the “official” all-time high, though let’s be real, half the internet’s arguing about that too 🤦♂️💸
Timing The Move: Is XRP Nearing Its Inflection Point?
Cryptobilbuwoo0 on X claims XRP’s current correction is a dead ringer for its 2017 meltdown. Nostalgia! Back then, it retraced, consolidated, and then zoom 🚀 Let’s pray history repeats. This time, though, the analyst thinks XRP’s too impatient for a long correction. More like a “brief, sharp, and sizable” tantrum, followed by a 5th wave that arrives faster than your Uber Eats 🍕
So, is XRP the next big thing or just a drama queen? Grab popcorn. The weekend’s coming, and we all know crypto loves a good plot twist after hours. 🎬
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2025-07-27 11:53