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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[Follow me] to see my 'guesses' on future scripts of various cryptos.
[Follow me] to see my 'guesses' on future scripts of various cryptos.
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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.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。