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- ๐ข Exclusive on Gate Square โ #PROVE Creative Contest# is Now Live!
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XRP
Bullish Scenario (Upside):
The price is trying to stabilize above the 50% level (3.4140), which is currently acting as resistance.
If there is a clear breakout and price holds above 3.42 โ 3.44,
then a move back up to retest the previous high at 3.6670 is likely.
If that high is broken, the next potential target could be around 3.80 or higher.
Bearish Scenario (Downside):
If price faces rejection at the current level and drops below:
3.35 โ This would be the first sign of weakness
3.2692 (78.6%) โ A break below this opens the door for a move down to 3.1610
Breaking 3.1610 would signal the start of a deeper bearish wave toward:
2.8482 (161.8%)
And possibly 2.3422 (261.8%)
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