Ah, the crypto market-because who doesn’t want to end their week with a thrilling nosedive? CoinMarketCap, the official scorekeeper of financial despair, confirms the chaos is in full swing.
XRP/USD
XRP/USD is currently performing a interpretive dance of despair, having dropped 5.82% in the last day. Someone clearly needs to teach this asset about the concept of “holding steady.” 🤷♂️
On the hourly chart, XRP tried to fake out the market with a breakout from its $2.2023 support-like a magician pulling a rabbit out of a hat, only to realize the rabbit is just a poorly drawn cartoon. If it can’t bounce back *this* time, expect a trip to the $2.15 zone, where the bears are already throwing a welcome party. 🎉
Zooming out, there’s still no sign of a reversal. If the daily candle closes near its low, get ready for a joyride toward the $2 mark. Spoiler: the seatbelts are imaginary. 🚀
Longer-term? The bears are throwing a *lavish* party and have sent out invites to every short-seller in the vicinity. If bulls can’t steal the spotlight, we might see XRP test the $1.7711 support by month’s end. Fun fact: the moon is closer than that support level right now. 🌕
XRP is trading at $2.2609 at press time. Because, of course, we need *exact* figures when your portfolio is in freefall. 📉
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2025-10-17 19:16