$XRP /USDT.

📊 XRP/USDT – Technical Breakdown

🧠 Bias: Neutral to bullish (if price holds above key fib levels)

🔑 Likely Interpretation: Fibonacci Retracement

The price levels you listed match the structure of Fibonacci retracement levels from a high near $8.50, so this may be a long-term retracement reference.

🔺 Resistance Zones (Upside Targets)

LevelPossible Meaning$8.5000Major historical high / fib top$7.5000 – $6.2907Fib 0.786 zone (strong resistance)$5.5000 – $4.5000Mid-range fib cluster$3.4000 – $2.8000Strong horizontal resistance$2.5000 – $2.3812Likely 0.236–0.382 fib retracement$1.9000 – $1.5000Previous cycle highs (2018/2021)

🔻 Support Zones (Key Levels Below)

LevelLabel$1.3600 – $1.2200Support / fib cluster$1.0000 (not shown but important)Psychological + horizontal supportBelow $1Would signal bearish trend continuation

✅ Trade Setup (Swing)

🔹 If price holds above $1.22–$1.36

Entry: $1.30–$1.36 zone

Stop Loss: $1.18

Target 1: $1.90

Target 2: $2.38

Target 3: $2.80 – $3.40 (midterm)

R/R: ~3.0+

🔹 Breakout Setup (Mid-Term Bulls)

Buy after breakout + close above $1.90

Stop: $1.62

Target: $2.38 → $2.80

Confirm with: High volume + RSI > 60 on 1D/3D chart

📉 Invalidation

Break below $1.22 on high volume

Next strong support = $1.00 – $0.90

If you confirm the fib anchor points (e.g., is $8.50 the ATH you're using?), I can recreate the full fib retracement and chart out confluences.

Would you like me to plot this visually with retracement levels and entry/exit zones?

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