🚨Critical XRP Retest at $2.96 - The Market Holds Its Breath! 🚨
$XRP has returned to a crucial support level, now backtesting the $2.96 zone, which aligns with the .382 Fibonacci retracement. Not just locally, but also on the macro scale. This makes this a highly significant decision point for the market. 👀
This support needs to hold. If #XRP can maintain strength here, it would keep the broader bullish momentum intact. It would mean this pullback was simply a healthy retracement within a larger uptrend. However, if this level starts to give way, it could signal a breakdown in momentum and require us to reconsider the macro plan.
📉Zoomed in, RSI is trying to print a bullish divergence on small timeframes! ...Starting to show evidence that we will hold this crucial level.🔥
All eyes on the $2.96 level. It's the make-or-break moment!!