Currently, as long as XRP stays below $3.02, the bears are in control. If it can't hold above $2.91, it may slide all the way down to $2.78, conveniently hitting the Fibonacci support and the lower trend channel. If things get worse, the target might directly lock in at $2.60 or even $2.45...

However! If the bulls can break through $3.09 with momentum, it would mean dismantling the "bear command center"! At that point, it could accelerate straight towards $3.40, or even reach $3.70 or $3.85, considering the resistance line of the hay fork, opening up more space.

Don't forget, the daily chart is still within the overall upward trend channel! So, as long as the bulls show their true strength and charge with volume, a reversal could happen at any time~ But if the volume is weak, the correction will have to continue enduring...