XRP is sitting at an important decision area on the daily chart.
Support:
âą Rising trendline: 1.75 â 1.80
âą Fib support: 1.62
âą Invalidation: 1.20
Resistance:
âą Daily EQ / Fib 0.50: 1.96
âą Fib 0.618: 2.30
âą Higher targets: 2.78 â 3.40
RSI (Daily): 43 â bearish momentum is weakening, base forming.
Outlook:
âą Hold above 1.75 â push toward 1.96 â 2.30
âą Close above 2.30 â continuation toward 2.78
âą Lose 1.75 â pullback to 1.62
âą Close below 1.62 â deeper move toward 1.20
Bias: Neutral â Bullish above 1.75
