🔹 $XRP – Battling Key Resistance at $3.40 🔹

📍 Current Status:

Trading just below critical $3.40 resistance

Structure suggests a potential diagonal pattern to the upside

Recent pullback appears corrective (ABC)

Possible completion of C-wave after reaching 100% extension

📊 Key Levels to Watch:

$3.40 – Major resistance; break and hold above is crucial for bullish momentum

$3.33 – B-wave high; reclaiming this is first confirmation of upside reversal

$3.60 – Potential target if C-wave rally unfolds (100% extension target)

$2.85 – Key support; break below signals upside attempt failing

38.2% Fib retracement – Additional support within lower range

📈 Scenarios:

Bullish: Hold above $2.85 → break $3.33 → target $3.60

Bearish: Break below $2.85 → potential deeper B-wave retracement before next attempt higher

💡 Market Takeaway:

XRP remains stuck below $3.40 with corrective structure intact. A decisive break above $3.33 and $3.40 would open the path toward $3.60. Losing $2.85 flips bias short-term bearish. Patience required as price action remains choppy.

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