Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
Updated
FxNews—Ripple (XRP) began a consolidation phase below the 78.6% Fibonacci retracement level and filled the bullish Fair Value Gap at 0.620.
The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high.
Please note that the bullish outlook should be invalidated if XRP falls below the 61.8% Fibonacci.
Article: Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
The primary trend is bullish. From a technical perspective, the uptrend will likely resume if Ripple exceeds 0.655. In this scenario, the uptrend could gradually resume toward the $0.7 high.
Please note that the bullish outlook should be invalidated if XRP falls below the 61.8% Fibonacci.
Article: Ripple (XRP) Bulls Eye Rebound from 61.8% Fibonacci
Trade closed: target reached
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