$XRP Key retracement zone is being tested. Judging from this chart, XRP has fallen below the previous support area and is approaching deeper Fibonacci retracement levels. Currently focusing on: $1.31: The 0.618 retracement is also a key area to regain. $1.16: 0.705 retracement, important short-term support. $1.11: 0.786 retracement, the next key defensive area. If $1.16 is able to hold and there is a clear buying reaction, the price has the opportunity to first rebound to test $1.23 and then re-challenge $1.31. But if $1.16 breaks down, $1.11 is the next step to watch. I am now more concerned about whether there is a real reversal signal in the support area, rather than rushing to predict the bottom. The correction is still underway and the real opportunity depends on whether the bulls can hold on to key positions. #XRP #Ripple #Crypto