XRP just printed a clean rejection off the $3.15 resistance zone, and price is now pulling back into a high-probability demand zone — the classic Golden Pocket (0.5–0.618) retracement from the July impulse leg.
With momentum cooling off, bulls need to step in soon or risk a drop into deeper Fib levels.
🔹 Key Levels & Structure
Price failed to reclaim the prior breakout zone (blue box) and is now in a short-term correction phase.
The Golden Pocket between $2.79–$2.59 lines up with price structure from late June.
Below that, 0.786 at $2.28 marks the final zone before invalidation of the full move.
🔹 Momentum Check
Stoch RSI remains in overbought territory — a deeper reset could align with a Fib bounce and create the next opportunity.
Price may need to sweep lows before continuation.
🔹 Scenario to Watch
A bullish bounce from the Golden Pocket → reclaim of $3.15 = strong upside continuation potential.
Otherwise, XRP may revisit the 0.786 level before stabilizing.
Do you trust the Fib support — or are you waiting for confirmation above $3.15?
Let’s discuss 👇
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