XRP Dey Test $2.79 Again, Eye $3 Breakout & Long-Term Rally
XRP don test im key support for $2.79 again, e bounce for 0.5 Fibonacci retracement and e confirm say di bullish wave structure still dey. XRP dey trade close to $2.82, but e get strong resistance for $2.97 (0.854 retracement) and $3.00 (0.382 retracement). If e fit hold pass $3.00, dat go mean say new uptrend don start, but if e fail, e fit go back deep to $2.58. Di recent retest dey supported by an ascending channel pattern wey dem see for 2017 and 2021, wey dey show say accumulation dey happen before big rallies. If e fit close for week pass di Bull Market Support Band, di long-term bullish structure go remain steady, targeting $15–$33 by late 2025. Di RSI dey neutral, e show say fit be breakout or correction. Traders suppose wait make confirmation clear for these Fibonacci levels and make dem dey observe RSI signals before dem adjust their exposure.
Bullish
di successful retest wey $2.79 support show plus rebound from key Fibonacci levels dey back better bullish outlook. If e break and hold pass $2.97 and $3.00 threshold, e go confirm short-term momentum and fit open road for long-term gain wey fit reach $15–$33 by late 2025. The ascending channel pattern plus weekly close wey dey above Bull Market Support Band dem dey further strengthen the case. But traders dem suppose dey cautious, because if e fail clear these levels, e fit cause pullback go $2.58.