$XRP pulled back after a strong run โ cooling, not breaking ๐
After a clean breakout above $1.40 โ $1.45, XRP topped near $1.465 and is now in a healthy correction phase. Price dipped below key Fib levels, but importantly โ itโs still holding above $1.40 and the 100H MA.
That keeps the structure neutral-to-bullish for now.
๐ผ Upside scenario:
Reclaim $1.425, then a retest of $1.465. A breakout there opens the path to $1.50 โ $1.525 โ $1.55, with $1.60 as the next major level.
๐ฝ Downside risk:
Losing $1.40 shifts momentum. Next supports sit at $1.378 โ $1.355 โ $1.32. A deeper move could test $1.30.
๐ Key takeaway: this looks like a cool-off after expansion, not a reversal โ but bulls need to step back in above $1.425 to keep momentum alive.
