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Good evening
$XRP is currently testing the buy-side liquidity near the previous high at 3.0019. If this level is broken with a strong candle, the price may move toward a new higher level (e.g., 3.05 – 3.10).
Possible Scenarios:
Bullish Scenario (Upward):
If the 3.0019 level is broken with a strong candle close (especially a 4H or daily candle), the next targets could be:
3.05 as the first target.
3.10 as the second target, based on Fibonacci extensions and the accumulated liquidity above.
Bearish Scenario (Corrective):
If the price fails again to break above 3.00 and a strong bearish rejection candle appears, we might see a correction toward:
2.92 – 2.90 (short-term support zone),
then 2.85 if selling pressure continues.
The deepest potential correction could reach 2.74 – 2.70, where a strong demand zone exists
https://www.gate.com/profile/AA4BFwgdWVtfQxQSHQsMXgIAcFEKAB0JRwxfXgO0O0OO0O0O?ref=VGJEVVBACA&ref_type=105
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