XRP has broken resistance and reached a new high of $3.6607, just as predicted. It is currently entering a healthy retracement phase. The price is dropping towards the $3.30 area, which could act as a strong support zone for the next bounce.
Watch for Retracement:
If XRP holds around $3.30, speculators may return. This area is key to maintaining the upward trend.
Next Move:
Staying above $3.30 could propel a bounce back towards $3.55 and then $3.75. A clear break below $3.28 could lead to a deeper drop towards $3.08.
Support Zone: $3.28 – $3.30
Resistance Zone: $3.55 – $3.66
The trend remains bullish unless $3.28 is broken. Let price action confirm the next entry.