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Technical analysis by amir9 about Symbol XRP: Sell recommendation (6/7/2025)

https://sahmeto.com/message/3583840
amir9
amir9
Rank: 2860
2.1
Sell،Technical،amir9

XRP is currently facing strong confluence resistance near the 0.5–0.618 Fibonacci zone (2.17–2.19), aligned with a descending trendline. The price has failed to break this area decisively, suggesting potential exhaustion of the recent bullish momentum. Unless we see a strong breakout above 2.20, a pullback toward the 2.14 and possibly 2.10 support zones remains likely. This zone acts as a key decision point for the next directional move.💡 Want to trade with lower fees on Toobit?👉 Register via my invite link & get a discount on your trading fees:🔗 toobit.com/en-US/register?invite_code=dBAaKd

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$2.18
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