XRP is currently testing the 0.618 Fibonacci level ($2.7676), a key resistance area.
The MA(7) is at $2.6979, just above the price, acting as dynamic resistance.
RSI (6) is at 56.33, indicating neutral momentum (neither overbought nor oversold).
If XRP breaks above $2.77, expect a push toward $3.03 (0.786 Fib level).
However, failure to break this resistance could send XRP back toward $2.57 (0.5 Fib level) or even $2.38 (0.382 Fib level).
🟢 Short-Term Strategy:
Buy on breakout above $2.77 for a run toward $3.03–$3.38.
Sell/short below $2.57, targeting $2.38–$2.15.
🔮 Long-Term Outlook (Weeks to Months)
The 200-day MA is far below (~$2.35), showing that the long-term trend remains bullish.
The recent high of $3.40 suggests that XRP is in an accumulation phase before a possible breakout.
If XRP holds above $2.50–$2.60, we could see a continuation toward $3.50–$4.00+ in the coming months.
A break below $2.15, however, could trigger a deeper retracement toward $1.77 (Fib 0 level).
🟢 Long-Term Strategy:
Hold for a bullish breakout above $3.40 for a potential rally to $4+.
Accumulate around $2.15–$2.50 for long-term gains.
Stop-loss below $2.10 to avoid heavy losses.
📢 Final Verdict:
🔹 Short-Term: Watch for a breakout above $2.77 for a quick trade.
🔹 Long-Term: Accumulate on dips, XRP remains bullish unless $2.10 breaks.
💬 What are your thoughts? Drop a comment below! 🚀🔥 #XRP #Crypto #Trading #Binance
$XRP