🚨🚨 XRP Daily Outlook: Accumulation or Capitulation?
💠 XRP is currently holding above a key confluence zone: the 50-EMA and the 0.618 Fibonacci level at $2.2982. This region is critical, as it’s often where strong accumulation occurs before large moves.
💠 We’re also seeing a lot of Ripple-related chatter across the space—this kind of social volume often precedes volatility.
🔎 Scenario to watch:
🔴 A daily candle close below this support zone could trigger a quick drop toward $2.0 .
🟢 But hold this zone, and XRP might be gearing up for a major rally toward $3.0, especially if it breaks above $2.36–$2.43.
💠 Right now, we’re range-bound, but the pressure is building.
🤔 Big question: Are we on the edge of a breakout or about to face more downside pain?
◻️Let me know your thoughts in comments 👇— bullish or bearish?