🚀 Attention BTC enthusiasts! Ripple (XRP) is on the move, showcasing a strong uptrend and reclaiming its 100-day and 200-day moving averages around $0.54. However, it faced resistance at the previous daily swing high of $0.92, indicating seller dominance. 😲

📉 With heightened volatility, there's a high chance of a consolidation correction stage, potentially pulling back to the broken levels around $0.54. The 4-hour chart reveals a critical resistance region between the 0.5 and 0.618 levels of the Fibonacci retracement ($0.6799-$0.7408). 📊

🔍 Keep a close eye on these developments, as a reversal could lead to a consolidation correction towards the $0.53 support region. On the other hand, breaching the 0.618 level of the Fibonacci retracement could signal further upward movement for XRP. Stay tuned! 🧐