We are seeing early recovery signals for Ripple (XRPUSDT) and the first question that pops up into mind; How far up can it go?
Considering the higher low, Nov. vs June, we aim for a higher high but this is never certain as we have a wild, unpredictable and volatile market.
But we can determine some resistance points with fairly high accuracy.
The main target based on Fib. extension is set at 0.4840.
This is an easy target if the bulls continue to push.
Depending on how this level is handled, we have 0.5878 as the next target and a weak higher high and finally 0.7558 as the Golden ratio and strong higher high... All these are marked yellow on the chart.
That's the projection short-term.
Now we just wait and see how it goes.
Namaste.
Considering the higher low, Nov. vs June, we aim for a higher high but this is never certain as we have a wild, unpredictable and volatile market.
But we can determine some resistance points with fairly high accuracy.
The main target based on Fib. extension is set at 0.4840.
This is an easy target if the bulls continue to push.
Depending on how this level is handled, we have 0.5878 as the next target and a weak higher high and finally 0.7558 as the Golden ratio and strong higher high... All these are marked yellow on the chart.
That's the projection short-term.
Now we just wait and see how it goes.
Namaste.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click & Claim Your FREE Pizza! 🍕)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.