Technical analysis by Options360 about Symbol XRP on 2/14/2025

XRP went on a parabolic bull run in November 2024. Since December 2024 it traded in an uptrend channel with a peak on January 15th - 16th 2025. Followed by a drop on February 2nd & 3rd. Since then, XRP is trying to get back in to it's uptrend channel. Right now, it's trading slightly bullish, just above neutral 50 on the stochastic indicator with a break above it's .5 YTD fib retracement level. If there's a rejection at it's previous uptrend channel of 2.85 that's bearish and could hit SMA100 again. If there's a breakout above it's previous uptrend channel of 2.85 that's bullish and could hit the top of it's previous uptrend channel.XRP levels:SMA100 = 2.21SMA200 = 1.386 month low = .386 month high = 3.406 month fib retracement .5 = 1.89YTD low = 1.73YTD high = 3.40YTD fib retracement .5 = 2.56December - February uptrend channelhigh = 3.85low = 2.85