I've been observing XRP for a while, and it seems that we're finally seeing something interesting on the charts. The price just touched the zone that analysts call the golden pocket, right where the 0.618 retracement and the 1.618 extension of wave 3 converge. This typically marks where sellers exhaust themselves in corrective patterns.

What caught my attention is that there is a clear bullish divergence at recent lows, suggesting that sellers are losing strength. If this is correct, we should see a relief move in wave 4 soon. The first level to watch would be around $1.78, which is the Fibonacci 0.382 retracement. If it breaks and holds that level, we could see a stronger push toward $1.93 and even $2.03.

However, there is something interesting about the structure. Wave 2 was quite shallow, only retracing to the 0.382, and when that happens historically, wave 4s tend to be deeper. This opens the door for a more significant corrective move than some expect. If we hold $2.03 as support, it would greatly reduce the likelihood of another impulsive drop.

Another analyst mentioned that we are in the final phase of an expanded flat pattern, specifically in wave C, which is the most destructive and emotional part of this type of correction. The resolution zone would be between $1.14 and $1.60, where the price has recently been bouncing.

Currently, XRP is trading around $1.32. The key is whether it can break and hold above $1.78. Until that happens, the bearish scenario remains active. If it fails at resistance, it could retreat toward $1.55 or lower if the overall market deteriorates. Nothing is confirmed until resistance is broken and levels are sustained, so I will continue monitoring impulsive movements in the coming days.