#XRP# XRP is currently below the resistance line, and this week it encountered resistance and fell back at this position, needing to rebuild confidence before launching another attack.

We can also see from the weekly chart that the highest point of the week on January 13th at 3.4 has retraced down to the low of 1.6 at 4.7, making this cycle exactly 13 weeks, which corresponds to the Fibonacci time window for the end of a short-term adjustment. The period from 4.7 this week to this week is the fourth week, so breaking above the resistance line at 2.38 will happen this week at the latest next week, which is the fifth week and also the magical number of the time window.
The real breakthrough of the historical high of 3.4 should occur in May or June, with the trends of SUI and XRP being basically consistent. Both have a monthly chart showing a large W bottom formation. After breaking the neckline, it perfectly retraces to the position, and technically it's a very perfect chart indicating a super strong controlling force. After a strong breakout, whether it has broken the historical high or the yearly high, it coincides with various troubles caused by that bad guy Trump, including the tariff war and so on... Various negative factors led to a significant drop in the global financial market, and the crypto market is no exception, experiencing a sharp decline. Both SUI and XRP, these two super strong coins, also took advantage of this wave of negative news to experience a significant pullback, and the pullback position is exactly at the key level of the large W bottom.
It is certain and confirmed that SUI and XRP will be the leading duo of the bull market in 2025. Entering at a low level and waiting for takeoff. For contract operations, you can start with a small position and increase the position after breaking through the resistance level. For spot trading, you can enter the market at any time without needing to set stop-loss.