$XRP

XRP before the decision: Between support and breakout

This week, XRP is at a critical point. While Bitcoin continues to fluctuate between 109,000 and 114,000 USD, the time window in which the market must take a clear direction is tightening.

For XRP, the situation is particularly exciting:

  • Main support: 2.77 USD – if this area does not hold, a sell-off into the zone of 2.65 to 2.46 USD (0.618 Fibonacci extension) threatens.

  • Recovery targets: If XRP breaks above 2.95 USD, the next resistances are at 3.10 USD and even at 3.45 USD in the medium term (Fibonacci target zones).

The RSI currently signals a slight recovery, but the bigger picture remains dependent on the BTC decision. If Bitcoin breaks above 114,000 USD, XRP could quickly follow suit. However, if BTC falls back, a test of deeper supports is very likely.

The coming 3–5 trading days will be crucial – both for the short-term trend and for the further course in September.

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⚠️ Disclaimer: No financial advice – please conduct your own research (DYOR) before making an investment decision.

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