We heard that the US just bombed Iran and as expected, $XRP has hit the first major fib support level at $2.01!
We have been tracking this move for weeks - this is not a coincidence!
The decline out of the consolidation phase has clearly completed, and $2.01 has held beautifully. We are now seeing a recovery beginning… with bullish divergence on both the 15-minute and 1-hour RSI. 🚀
This is exactly what we want to see at a potential turning point. Momentum is increasing. A clear RSI trendline is forming on the 1-hour chart that we will use to track the trend. Be cautious, we still do not have confirmation on the 4-hour or daily chart. That means if this recovery fails, the next support levels at $1.90 and $1.55 are still very much possible.
