📉 $XRP below 3 USD – Just a pause?
XRP just closed a daily candle below the psychological level of 3 USD, extending a two-week correction. In the short term, it seems negative, but the bigger picture remains optimistic thanks to a repeating market fractal model.
🔍 XRP Fractal: In January 2025, XRP rose to 3.40 USD, then corrected to 1.60 USD, and then surged strongly after filling the liquidity gap (FVG). Currently, a new FVG has emerged in the 2.32 – 2.66 USD range. If filled, this could be a “springboard” for a new upward movement.
📈 Q4 Scenario:
Potential increase of 60–85%, target 4.35 USD
Key zone: 3.85 USD – if surpassed, XRP will enter “price discovery”
Macro support: The possibility of the Fed cutting interest rates, adding momentum
🐳 XRP Whales: On-chain data shows that selling pressure from whales is gradually waning. Previously, they heavily accumulated around 2.00 – 2.50 USD, and now the 2.33 – 2.65 USD area is showing similar signs.
⚠️ This article is just a market perspective. XRP can “shoot up like a rocket 🚀” or “take a short rest to recover 😴”. Anyone entering a position should be mentally prepared!