XRP Technical Outlook: MakroVision Analyzes Short-Term Trends

Cryptocurrency analysis firm MakroVision offers a detailed technical assessment of XRP’s current market outlook. The company highlights the impact of broader crypto downtrends on XRP, with the ongoing selling pressure leading to a significant drop below critical support levels. MakroVision identifies the price action of XRP in relation to key Fibonacci retracement zones, highlighting that its recent dip into the 0.618-0.665 “Golden Pocket” zone between $1.87 and $1.82 has exhibited a lackluster reaction.