Ripple Retracement Continues
Ripple has retraced its gains and has given up the $3, comfortably seated at about $2.50 at the time of this writing, where it is finding support from a nested Fibonacci Extension level. Some congestion at $2.75 (also a psychological level) will prove difficult to penetrate. A red triangle on Friday’s candle via the KRI serves as another ominous sign for XRP. It has fallen back to third place in market share.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.