:
🚨 XRP$XRP Hits Key Support at $2.01 Amid Geopolitical Shock – What's Next?
After weeks of tracking the setup, XRP has finally hit the crucial $2.01 Fibonacci support level—right on cue. This move coincides with breaking news that the United States has launched an airstrike on Iran, causing heightened volatility across global markets.
The drop out of the recent consolidation pattern has now completed with precision, and the $2.01 level has held impressively. We're already seeing a reaction: XRP is starting to bounce off support, with bullish divergence showing up clearly on both the 15-minute and 1-hour RSI charts.
This is exactly the kind of price action we want to see at a potential market pivot. Momentum is starting to shift. A clean RSI trendline is developing on the 1-hour timeframe, which we'll be using to track the ongoing trend.
However, caution is still warranted. There is currently no bullish confirmation on the 4-hour or daily charts, meaning this bounce remains unconfirmed on higher timeframes. If momentum fails to follow through, the next key supports are at $1.90 and $1.55.
The algos are clearly probing reactions at these technical levels. For a true shift in structure, XRP will need to break into the $3.00 zone with conviction. Until then, traders should remain agile and manage risk carefully.
#XRP #CryptoAnalysis #MarketUpdate #Geopolitics #USNationalDebt
