Top Analyst to Holders: XRP Bouncing from the Golden Pocket

XRP is showing signs of strength after a recent pullback , and crypto analyst STEPH IS CRYPTO believes a crucial technical zone could be triggering the rebound. In a new chart analysis shared on X, the analyst highlights XRP’s bounce from the “golden pocket”—a key Fibonacci retracement area known for marking strong support during bullish corrections. The Golden Pocket: Why It Matters The golden pocket refers to the area between the 0.618 and 0.65 Fibonacci retracement levels, widely regarded by traders as one of the most reliable zones for a market reversal. Based on STEPH IS CRYPTO’s chart, XRP dipped into this zone between $1.9276 and $1.9592 before bouncing back above $1.99. This behavior is considered a bullish signal, suggesting that buyers are stepping in at a high-probability support level. The golden pocket often acts as a magnet for institutional entries and swing traders looking for optimal risk-reward entries during retracements. XRP’s current position in this zone may be setting the stage for a new leg upward—if the bounce holds. #XRP bouncing from the golden pocket! pic.twitter.com/tYAmFgiJ3P — STEPH IS CRYPTO (@Steph_iscrypto) June 23, 2025 Price Action and Key Levels Over the past month, XRP has declined from a local high of $2.80, breaking below several major Fibonacci levels, including 0.236 ($2.3791), 0.382 ($2.2089), and 0.5 ($2.0803). After breaching the $2.08 support, XRP accelerated toward the golden pocket range, where it found stability and reversed slightly to its current price of $1.99. For the bullish structure to remain intact , XRP needs to maintain this rebound and reclaim the $2.08 level. Doing so would shift short-term momentum and increase the likelihood of a return to $2.20 and potentially $2.38. These levels align with previous resistance points and Fibonacci retracements, making them important technical hurdles for the asset to clear. If XRP fails to hold above the golden pocket, the next major support lies near the 0.786 Fibonacci level at $1.7988. A breakdown below that region could shift the broader market sentiment and invalidate the bullish setup. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Market Sentiment and Outlook Despite recent volatility, sentiment around XRP remains cautiously optimistic . The bounce from the golden pocket has been interpreted by many traders as a sign of underlying strength, especially given the confluence of technical indicators suggesting a possible reversal. With strong historical precedence for rebounds from this zone, the current price action is being closely watched by both short-term speculators and long-term holders. Analyst STEPH IS CRYPTO’s chart has added to the growing anticipation in the XRP community, as many view this moment as pivotal. While further confirmation is needed to establish a sustained recovery, the early signs of support above $1.95 could mark the beginning of a new push toward higher levels. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Top Analyst to Holders: XRP Bouncing from the Golden Pocket appeared first on Times Tabloid .

Source: TimesTabloid