🚨$XRP Is Heading Towards a Critical Retest at $2.04 Support! 🚨
XRP has shown some bullish momentum after bouncing off a .618 local retracement... This opens up a bullish scenario, but there is STILL a potential of reaching the $1.64 macro .618 support! This next test at $2.04 will decide which one we’re following.
Right now, XRP is likely heading back to retest the macro .5 Fib at $2.04. That level has been the most important support in this entire correction. We've broke strongly above and the market will need to flip it to support in order to continue.📈
🟢Scenario 1 - Bullish New Trend:
If $2.04 holds, XRP could break above $2.41 resistance and push toward $2.65, confirming a new bullish wave structure is forming. That move would strongly suggest the macro low is already behind us with targets toward $7–$10 highs.
🔴Scenario 2 - Bearish .618 Support Test:
If $2.04 fails to hold, XRP would likely head toward $1.64, completing the full macro .618 retracement before launching into the macro Wave 3.
📌 This next $2.04 test is the decision point.
