$XRP
🚨What’s Happening With XRP’s Price?🚨
On the weekly chart, XRP price today is trading around $2.21 after bouncing off the mid-range of its Fibonacci retracement zone. The price has rebounded over 7% from its local low of $2.06, retesting a declining resistance trendline for the third time. This level coincides with the 38.2% Fibonacci zone, suggesting a critical juncture where bulls must hold ground for further upside.
The XRP price action has remained volatile since failing to clear the $2.54 region earlier in May. However, this recent reclaim of the $2.20 zone, alongside bullish divergence on lower timeframes, signals growing strength.