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XRP price attempts trend reversal
XRP pushed through the $2.10 resistance zone and is developing a price structure that, if sustained, could carry Ripple’s ...
XRP traded near $2.34 on the weekly chart as buyers defended a key retracement zone. The structure shows higher lows after a corrective phase that followed the ...
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high. The 1.618% extension is highly important because it's derived ...
Traders use Fibonacci levels to pinpoint these potential reversal points. The tool is drawn by identifying two extreme points on a chart, such as a significant swing high and swing low. The vertical ...
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