๐ XRP/USDT Analysis
๐น Daily Timeframe (1D)
Current Price: $2.90
Fibonacci Levels:
0.382 โ $3.146 (Strong Resistance)
0.5 โ $2.987 (Current Zone)
0.618 โ $2.827 (Major Support)
Price is trading inside the Golden Zone (0.5 โ 0.618 Fib) โ this is usually a bounce/reversal zone.
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๐น 4H Timeframe
Price faced multiple rejections near $3.14 โ $3.20 (marked with arrows).
Short-term trend looks bearish, but holding $2.82โ$2.85 is very important.
Volume is decreasing โ buyers look weak for now.
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๐ฏ Key Levels
Support: $2.82 ๐ข, $2.60 ๐ข
Resistance: $2.98 ๐ผ, $3.14 ๐ผ, $3.34 ๐ผ
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โก Possible Scenarios
1. If $2.82 holds โ bounce towards $2.98 โ $3.14 possible.
2. If $2.82 breaks down โ next strong support is $2.60.
#xrp #BTC #Binance #SHORT๐ #PowellWatch
