[Fibonacci Retracements] XRP Test for under $0.4 still remains
*Plz refer to the previous ideas. still using the same Fibo frame.
With the correction of BTCUSDT & high possibility for BTC dominance↑,
it seems that XRP price may go down for the 0.618 level test before going back to 0.5 level.
Here's simple forecast for the next movements;
- After touching down 0.618 & rapid retrial for 0.5 level
- After touching down 0.618 & another pullback test for 0.786 level
The Fibonacci retracements levels in day trading have quite high reliability, believe.
Thank you.
With the correction of BTCUSDT & high possibility for BTC dominance↑,
it seems that XRP price may go down for the 0.618 level test before going back to 0.5 level.
Here's simple forecast for the next movements;
- After touching down 0.618 & rapid retrial for 0.5 level
- After touching down 0.618 & another pullback test for 0.786 level
The Fibonacci retracements levels in day trading have quite high reliability, believe.
Thank you.
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