[Fibonacci Retracements] XRP Sideways for above $0.5
*Please refer to my former idea about XRPUSDT.
After the price reached above Fibonacci 0.5 level, it seems the sideways movement for the next step is going on.
Currently, the price is below the 0.5 level and the order blocks around this price level are not thick.
While making order blocks just beneath the 0.5 level, the trial for the 0.382($0.532) and the retest for 0.618($0.395) would be expected.
Think it's highly likely that XRP price reaches $0.5 first unless it drastically drops below 0.618 level.
Thank you.
After the price reached above Fibonacci 0.5 level, it seems the sideways movement for the next step is going on.
Currently, the price is below the 0.5 level and the order blocks around this price level are not thick.
While making order blocks just beneath the 0.5 level, the trial for the 0.382($0.532) and the retest for 0.618($0.395) would be expected.
Think it's highly likely that XRP price reaches $0.5 first unless it drastically drops below 0.618 level.
Thank you.
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