56 minutes ago
1
Key Takeaways:
- XRP trading at $1.33, sitting directly on 0.786 Fib at $1.336.
- RSI at 42.62, pressing toward oversold without confirming it yet.
- 0.618 Fib at $1.381 and the 50/100 SMA cluster are next resistance if bulls hold.
- $1.278 stopped the May 28 drop and remains the key downside floor.
- Santiment recorded 25.24M XRP leaving exchanges on May 29-30 after peak inflow day.
A Level That Has Stopped Price Before
XRP is trading at $1.3357 on the daily chart, sitting directly on the 0.786 Fibonacci level ($1.336). On May 28th, sellers pushed price all the way down to $1.278 before buyers stepped in and stopped the drop. Price recovered from there, climbing back to the current area around $1.336. The 0.786 level is now the immediate test: can it hold as support, or does it flip into resistance and send price back toward that May 28th low.
English (US)