XRP at $1.40 tests resistance at $1.45–1.51
- —XRP rose from $1.29–1.30 to $1.40 after bouncing off the channel bottom
- —The nearest resistance is $1.4592, about 3% of upside away
- —The $1.5128 level coincides with the 0.618 Fibonacci and the 50-week EMA
- —The upper Fibonacci target is $1.7004, another roughly 20%
Why it matters: A break above $1.5128 would turn the bounce into a sustained reversal, otherwise the rally will remain a correction.
Source: Digital Today