XRP’s Bull Run: A Tale of Whales, Resistance, and 🌕 Dreams

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In the Gulag of Crypto Markets

  • XRP, like a prisoner breaking free from barbed wire, pierced the $3.03 resistance, setting its sights on the distant mirage of $3.65. 🏃💨
  • The weekly RSI, a silent informer in this financial Gulag, whispers of a bullish crossover, hinting at a continuation of this upward march. 📈
  • $2.80 stands as the critical support, a guard tower manned by holders, even as whales dump over $500M XRP with the subtlety of a KGB interrogation. 🐳💸

XRP’s Great Escape Above Weekly Highs

Ripple (XRP), in a move as audacious as a dissident smuggling truth past censors, closed its weekly candle above $3.03, shattering its previous all-time high. This breakthrough coincided with the breaking of a descending trendline, a chain that had bound it since July. Market observers, like vigilant camp guards, watch this shift from lower highs with bated breath. 🕵️♂️

Analysts, ever the interpreters of this financial archipelago, view this breakout as a technical triumph. The $3.03 level, once a wall of resistance, now offers a floor of support. Should it hold, the next target is $3.65, a beacon of hope in this volatile wasteland. 🌟

$XRP closed above our previous weekly ATH and arguably broke our current downtrend. 🛑

Watching for weekly RSI bullish cross. 📊

– Cryptoinsightuk (@Cryptoinsightuk) September 15, 2025

On the weekly chart, XRP’s Relative Strength Index stands at 58, with the RSI moving average creeping higher. The lines, like two prisoners plotting an escape, are close to crossing-a signal of rising strength if completed. 🔗

Cryptoinsightuk, ever the sentinel, remarks they are “watching for weekly RSI bullish cross.” This technical omen, when paired with price and volume, often heralds trend continuation. A confirmed crossover could cement XRP’s breakout from its downtrend shackles. 🚀

Short-Term Chart: The BTC Pair’s Iron Grip

On the daily timeframe, XRP closed with minor losses, its spirit dampened by the XRP/BTC pair’s downward spiral. This is no anomaly; XRP/BTC is testing a symmetrical triangle pattern, reacting to a double-top like a prisoner to a guard’s whistle. 🔄

Cryptowzrd, a sage in this crypto Gulag, notes that XRP will likely unleash a decisive move if it clears $3.1320. They declare,

“As soon as the market moves above the $3.1320 resistance target, it will offer an impulsive bullish move.” 💪

This zone remains a focal point for short-term traders, eager for entry. Until then, price action may remain as stagnant as a Soviet bureaucracy. 🦥

Support at $2.80: The Last Line of Defense

Glassnode’s cost basis distribution heatmap reveals that over 2 billion XRP are held between $2.80 and $2.82, a fortress of supply concentration. This range, like a well-guarded camp, shows where holders dug in. 🏰

$2.80 is the most important support level for $XRP! 🛡️

– Ali (@ali_charts) September 15, 2025

Ali Martinez, a market analyst with the keen eye of a dissident, calls this range “the most important support level for $XRP.” The asset has held above this area, a testament to holders’ resolve. Should it falter, this zone will serve as a bulwark against decline. 🏗️

As CryptoPotato reports, whales have been shedding XRP like a winter coat. Last week, 40 million XRP were sold in 24 hours, totaling $120 million. Over two weeks, this figure swelled to 160 million XRP, nearly $500 million in value. Yet, XRP’s price held above $3, reaching $3.19 on Saturday-its highest in a month. The market’s resilience, like a prisoner’s spirit, endures. 🦾

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2025-09-15 18:54