On a Fibonacci correction map for four hours, the price of Ripple (XRP) hovers just below the 0.786 level at $3.46 after recovering the 0.618 level at $3.30. The 0.50 level is at $3.19 and has recently formed a pivot point for attempts to continue rising. The Chaikin Money Flow (CMF) indicator shows a slight positive performance at 0.04, indicating moderate capital flow.
XRP Price Dynamics (Source: TradingView)
A symmetrical triangle appears on the price chart, with key support at $3.20 and resistance at $3.34. The price is trending towards the top, indicating an approaching directional move. Above $3.34, immediate resistance appears at $3.46, with the previous swing high at $3.66 being the next upside target
