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XRP completed a W-X-Y corrective pattern at major support. Breakout from the descending wedge could initiate a bullish wave. Fibonacci extensions suggest upside targets above $3.50.
The Fibonacci extension is a mathematical-based technical analysis tool used to project price targets. The Fibonacci method is my preferred tool to use for offensive selling for two reasons: 1.
That level represents the 1.618% Fibonacci extension, originating from the December 2018 lows, the December 2022 lows, and the 2021 high.
The top cryptocurrency rose to $122,056, testing the 1.618% Fibonacci extension originating from the 2018 bear market low and the 2022 bear market low. The 1.618% extension is derived from the ...
Bitcoin’s (CRYPTO: BTC) price trajectory continues to capture attention as analysts forecast significant gains by 2025. Despite recent market fluctuations, experts maintain a bullish outlook ...
BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3 BTC bulls need to overcome the 161.8% Fib extension, the so-called golden ratio.
As bitcoin (BTC) continues to trade flat in the $116,000-$120,000 range, the monthly chart shows $122,056 as key resistance that needs to be breached to confirm continuation of the bull run. That ...