XRP Mirrors 2017 Bull Run, with a 52% Pullback Coming?
XRP's last true bull market was in 2017, and the current cycle seems quite similar. Both started with several years of triangular consolidation before breaking out.
During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1.
This time, it’s showing a slight pullback after reaching Fib 1 as well.
Every coin has multiple potential scenarios, and one possible script for XRP is retracing to Fib 0.786 after touching Fib 1—implying a potential correction of at least 52%.
However, the real bull might ignite after this pullback, with targets possibly reaching $26 (Fib 1.618, as seen in the last cycle).
Feel free to share your perspectives—I’ll cover other potential XRP scripts in the future!
During the previous cycle, XRP retraced to Fib 0.786 after hitting Fib 1.
This time, it’s showing a slight pullback after reaching Fib 1 as well.
Every coin has multiple potential scenarios, and one possible script for XRP is retracing to Fib 0.786 after touching Fib 1—implying a potential correction of at least 52%.
However, the real bull might ignite after this pullback, with targets possibly reaching $26 (Fib 1.618, as seen in the last cycle).
Feel free to share your perspectives—I’ll cover other potential XRP scripts in the future!
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🔴 Get 20% Off Every Spot Trading Fee on Bitge: lihi2.com/5tNHE
[Follow me] to see my 'guesses' on future scripts of various cryptos.
[Follow me] to see my 'guesses' on future scripts of various cryptos.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.