XRP is traded at $1.36 following a 1.3% decrease in a day, which reverses to the $1.33 region.
The Fibonacci demand pocket is between $1.33 (0.618) and $1.30 (0.786).
The nearest support is at $1.34 with the highest limit of resistance pegged at $1.40.
At the time of reporting, XRP (XRP) was trading at $1.35 which is a 1.3% decline. Remarkably, price has been retreating to the level of $1.33 following a recent upward trend. The relocation brings the asset close to one of the Fibonacci demand pockets that have been established. In the meantime, the 24 hour range reflects the support at $ 1.34 and the resistance at $ 1.40. This placement focuses on a very thin strip on which price now responds.
The back-up comes after a previous rebound at the lower end close to $1.27. The most recent price action is, therefore, focused on the ability of the market to hit a new higher low than $1.33. Besides that, the two trade at 0.00002045 BTC which is a 1.1 percent variation of the Bitcoin over 24 hours.
The chart shows a Fibonacci retracement level between $1.33-$1.30. Specifically, the $0.618 level is almost similar to the one of $1.33 and the value at $0.786 is almost similar to the value at $1.30.
Moreover, price recently approached $1.33, where reactions are expected if a higher low forms. However, if buyers fail to defend this area, attention shifts toward $1.30 at the $0.786 retracement. That level represents the deeper support within the measured move.
As expected, $XRP retraces towards $1.33. If a higher low is to form, this is where the reaction should be taking place. Failing such, $1.30 on the 0.786 is also a potential to mark a low before a bullish rebound. https://t.co/7Umdue3Ckm pic.twitter.com/iqba7Up03h
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) March 2, 2026
The figure is currently at the quoted level of support at $1.34 which is marginally above the $0.618 retracement. In such a way, the intraday positioning is still strongly connected with this set of technical indicators.
Support attracts attention but still resistance is defined at $1.40 on the 24-hours range. Price has to reach this ceiling to challenge short term upside boundaries. The previous candles demonstrate an attempt to recover, but it came to a stop at this point.
Moreover, the overall structure is declining and then rising sharply. That recovery has taken XRP into the present retraction process. Price has consequently narrowed to $1.40 resistance and $1.34 support.
For today, a hold above $1.33 keeps price within the upper portion of the demand pocket. Conversely, a drop toward $1.30 would bring the 0.786 level into play before any renewed rebound attempt.
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