XRP Recovers Near $2.85 Support Following Fibonacci Correction

After a recent surge that saw XRP hit a new all-time high, the cryptocurrency currently trades near $2.86 with a slight dip of 3.7%. This pullback aligns with a typical 61.8% Fibonacci retracement following a strong upward wave. The level of support remains strong at $2.85, and traders are watching for potential resistance around $2.99. Technical indicators, including the RSI and volume, suggest this is a controlled correction phase with minimal selling activity.