XRP’s $2.60 Trap: Bullish or Bust? šŸøšŸ’ø

Behold, the monthly XRP chart, a stage for drama so profound it could make a Bolshevik weep! One of the asset’s most ardent prophets, Egrag Crypto, unveils his arcane prophecies, dividing the future into three outcomes so simple, even a Kremlin bureaucrat could grasp them. šŸ§ šŸ’ø

The chart, a labyrinth of numbers, reveals XRP teetering near $2.20, a price so precarious it’s like balancing on a pinhead while a bear market howls in the distance. šŸ»šŸ”„

XRP Must Close Above $2.60 To Keep Bullish Momentum Intact

Egrag’s first threshold, $2.60, a level so sacred it’s etched into the Fibonacci scroll of the cosmos. A close above? A bullish sigh, but not a victory. The chart, a cruel jester, shows XRP testing this spot like a drunkard at a bar-sometimes it holds, sometimes it crumbles. šŸø

But should XRP breach $3.40, the 0.888 Fib, prepare for a spectacle! Egrag’s ā€œwe are so backā€ is less a forecast and more a prayer to the crypto gods. šŸ™

A Close Below 21 EMA Would Break Bullish Structure

The downside? A 21 EMA below $1.83, a price so low it’s like a beggar’s coin in a billionaire’s pocket. Egrag’s warning? ā€œWe are fked, no sugar-coating it.ā€ A sentiment so blunt, even Stalin would nod in approval. āš”ļø

The chart, now a tragic hero, shows XRP’s fate hanging by a thread. Lose the 21 EMA, and the year’s gains vanish like a dream at dawn. šŸŒ…

Yet, a twist! 21Shares’ ETF, TOXR, gets SEC approval-because nothing says ā€œinstitutional trustā€ like a regulatory green light. šŸš€

Will XRP dance to Egrag’s tune? Or will it mock him, as all things do in the end? Only the market, that fickle mistress, knows. šŸ¤·ā€ā™‚ļø

Read More

2025-11-30 14:53