Fib retracement from 1st major correction of xrp’s 2016 breakout
Posting this here so I can add ts visual to my last rap fib chart idea *not financial adviice*
註釋
$26 sees like an impossible feat for xrp to reach to many crypto market followers but those who have paid special attention to the full scope of XRP’s utility and potential total addressable market size know that this is an actual possibility. What’s more, if we continued the fractal from there you would see that that price would only be the halfway mark. In 2916 after hitting that 1.618 fib level xrp ha its first major correction during the 2016-2017 bullmarket correcting 68.37 percent from 40 cents all the way back down to 12 cents. It then spent a good 6 monthly candles consolidating in a ew bull flag pattern before breaking upward for th final leg and top of that bull run. You can see that on this zoomed in chart of the bullflag that formed midway through xrp’s 2016-2017bull run right here: 
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