XRP Targets 61.8% Fibonacci, Next 50% Level at $3.17

XRP is currently trading around $2.97+, showing neutral momentum with a Relative Strength Index (RSI) of 52. Price is interacting with key EMAs, signaling consolidation before a potential move:

20-day EMA: $2.936

50-day EMA: $2.934

100-day EMA: $2.85

200-day EMA: $2.63

Fibonacci Retracement Levels (Low $2.678 → High $3.661):

61.8% → 3.054 (first target)

50% → 3.170 (next target)

38.2% → 3.285

23.6% → 3.429

78.6% → 2.888

XRP is holding above its longer-term EMAs, showing underlying strength. A break above the short-term EMAs ($2.935) could trigger a move toward the 61.8% Fibonacci at $3.054, followed by the 50% level at $3.17.

On the downside, failure to sustain above the 100-day EMA ($2.85) may invite a retracement toward the 78.6% Fibonacci at $2.888.

Key Takeaways:

Short-term bullish if price holds above $2.935

First Fibonacci target: 3.054 (61.8%)

Next target: 3.17 (50%)

Strong support: 2.85 – 2.888

$XRP
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