4 days ago
10
Key Takeaways:
- Sentiment ratio crashed to 1.1:1 bulls vs bears
- 0.786 Fib at $1.336 holding drop for several days
- Break below $1.336 opens $1.30 then $1.27
- Three SMAs clustered tightly at $1.39-$1.40 resistance
- RSI at 41 – oversold territory, bounce historically likely
At the time of writing XRP is traded for $1.3475, and the chart is telling a very specific story. The drop that started after the May 17 rejection at $1.41 has been stopped, for now, at the 0.786 Fibonacci retracement level around $1.336.
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