XRP price movement

considering the Fibonacci (FIB) levels of XRP's price movement starting from its lowest point recorded in 2022 unveils an intriguing perspective. At present, the price stands poised at the 0.5 FIB level, signifying a pivotal juncture. The subsequent 0.618 FIB level, aligning closely with the psychological resistance zone at $0.553, adds an additional layer of technical significance. This setup suggests a potential for XRP to initiate an upward trajectory from its support stronghold around $0.55.