Ripple (XRP) has just surged strongly from support at $2.8 – coinciding with the Fib 0.5 level – approaching the strategic resistance area at $3.6. This is a crucial "test point": a decisive breakout with high volume could trigger buying pressure and a short squeeze, pushing the price towards the psychological level of $4.
Conversely, repeated failures at $3.6 could lead to profit-taking and re-accumulation within a range. Investors need to closely monitor volume and price reactions at this level to determine short-term trading strategies.
