#XRPUSDT is correcting violently today after Powell's remarks on just 2 rate cuts in 2025 against the previous expectation of 4.
This is however still a correction within the technical limits of the huge rally that XRP had since the U.S. elections.
Don't let this distract you from the longer picture. This Bull Cycle is still identical to 2017.
Symmetrically, we are just on the 0.382 Fibonacci Resistance, which is where XRP corrected in April 2017 and then once the pullback finished, rebounded to the next Resistance, the 0.618 Fib.
Buy and target $7.00 (the 0.618 Fib).
Previous chart:
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