$XRP 🚨 XRP Price Prediction: Breakout or Breakdown? 🚨
📉 Fibonacci Support: XRP is testing the 78.6% Fibonacci level around $1.28–$1.30, with critical support in this range. A drop below $1.28 could push XRP toward $1.00, while a bounce may ignite bullish momentum.
📈 Symmetrical Triangle Formation: XRP is forming a symmetrical triangle, with resistance at $1.44 and support near $1.33. A break above $1.44 could drive XRP to $1.77, an 18% upside 📊. Conversely, a breakdown below $1.33 may lead to a decline toward $1.10, providing key trading opportunities.
📌 Market Context: XRP is currently trading at $1.4354, with a high of $1.4405 and a low of $1.2833. The price is down more than 5% in the past 24 hours. Following recent market events, including Gary Gensler’s resignation, XRP briefly spiked to $1.51 before retracing. Most major cryptocurrencies, including Bitcoin, are in the red 🔻.
🔍 Analyst Insight: Josh from Crypto World 🌍 highlights the importance of the $1.30 Fibonacci support. If this level holds, XRP could see a bullish breakout. However, a failure to hold the $1.25–$1.30 support zone may lead XRP toward the $1.00–$1.04 "golden pocket."
💡 Long-Term Outlook: Despite short-term volatility, $XRP broader trend remains bullish 📆. A confirmed third touchpoint on the support line would solidify the symmetrical triangle pattern.
📢 Key Levels to Watch:
Resistance: $1.44 🚀
Support: $1.33 📉
⚠️ Breakout Potential:
Break above $1.44 → Target: $1.77 (+18%) 📈
Break below $1.33 → Target: $1.10 (-18%) 🔻
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