XRP’s Descent: Will Short Interest Trigger a $1.90 Reckoning? 💸📉

XRP’s price, a languid waltz, inches toward a pivotal support threshold, as short-term positions swell and on-chain vigor ascends. 🕵️‍♂️📈

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Volatility, that capricious dancer, has eased, as Bollinger Bands, like cautious dancers, narrow. Price, a timid soul, struggles to breach the upper band, now meandering near the middle. Should selling pressure persist, the next milestone lies at the lower band, near $1.96. 🕳️🧭

Momentum indicators, those fickle courtiers, offer conflicting whispers. While the MACD hints at a nascent bullish overture, its voice is faint, and the RSI, that neutral diplomat, hovers at 48. 🧑‍⚖️🎭

Support, that frail crutch, sits at $2 and then $1.9. Resistance, that stubborn wall, looms near $2.25 and then $2.35. A clean break above the upper band would be the first sign of renewed strength, while a drop under $2 would likely summon another wave of shorts. 🧨📉

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2025-12-04 11:00