🧐 More hope for XRP?

The price of XRP has been in correction for several months, and it has lost the support level at $2. If it closes below $1.12, the drop could continue.

I'm sharing the elements I'm waiting for on XRP to be optimistic!

Bullish signal:

👉 maintaining $1.12 at close

👉 bounce beyond moving averages (EMA13/MA30) and above the resistance at $2

👉 break of the downward trendline

👉 close above $2.4

👉 bullish momentum (bull crossover on the stochastic)

Theoretical targets :

🔜 5.14$ and 8.23$ (extensions 2 and 2.618 of Fibonacci)

🔜 17.5$ (extension 3.618 of Fibonacci)