#Xrp🔥🔥 #التحليل_الفني (XRP) is showing strong bullish momentum as it trades within a clear ascending price channel.
🔹 Fibonacci levels:
Critical support at 1.618#Fibonacci= $2.03 is a strong retracement area.
The next resistance at 2.618 Fibonacci = $2.65 is the first target if the rise continues.
Fibonacci extension at $3.70 indicates a potential medium-term upside target.
🔹#Supportsand #Resistances:
✅ First support: $2.03 (potential bounce area).
✅ Second support: $1.63 (bottom of the price channel).
🚀 First resistance: $2.65 (breaking it confirms the continuation of the rise).
🚀 Second resistance: $3.70 (next target in uptrend).
🔹 Price channel:
Ripple is moving within a clear ascending channel that supports the continuation of the positive trend, provided that trading is maintained above the main support of $2.03.
🔹 Expectations:
If trading continues above $2.42, the price may target the $2.65 resistance in the short term.
Breaking the support at $2.03 could lead to a deeper correction towards $1.63.
📌 Note: Positive momentum supports the continuation of the upward trend, but caution is required in overbought areas or corrections.
