XRP is correcting in an upward trend. The pullback found support at the 61.8% Fibonacci retracement level of $1.90.

The strong rebound from a lower level indicates strong buying from the bulls. XRP/USDT may reach $2.65 and then $2.91, and the bears will try to prevent the recovery. If the price drops significantly from the resistance level, the currency pair may enter a period of consolidation for a few days.

The next trend may start with a breakthrough of $2.91 or a drop below $1.90. If it falls below the $2.91 level, the currency pair may soar to $3.50. Falling below $1.90, the currency pair may drop to a 78.6% pullback level of $1.63.