Waves

Glimpse

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Reversal

<ul>
 <li>XRP continues its horizontal trajectory, oscillating between $0.52 and $0.46 Fibonacci levels.</li>
 <li>Wave 1’s prediction around 20+ Cents towards $0.89 &amp; $1.88 materialized at $0.91.</li>
 <li>For Wave 3, Fibonacci targets are set at $1.88 and $5.85, aligning with Triangle 2 target at $1.33.</li>
</ul>
<p>As the crypto market presents its weekly fluctuations, it’s time to delve deep into XRP’s performance on a weekly time frame. Notably, XRP remains consistent with its horizontal movement this week, marking its territory between the $0.52 and $0.46 Fibonacci levels. This translates to the primary resistance staying intact, keeping the up-trend alive.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr">Hi all. Let's look at the <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> update on the weekly time frame.<br><br>XRP continued the horizontal move this week, staying between $0.52 and $0.46 Fibonacci levels. <br><br>Therefore, the primary resistance is maintained, and the up-trend continues. <br><br>Around 20+ Cents, we expected Wave 1… <a href="https://t.co/hVUF4yu2qh" rel="noopener noreferrer nofollow">pic.twitter.com/hVUF4yu2qh</a></p>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1713498135039746416?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 15, 2023</a>
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<p>Looking back, around the 20+ Cents mark, we had anticipated Wave 1 to reach the $0.89 &amp; $1.88 levels. Interestingly, this wave culminated at $0.91, making the prediction fairly accurate. Come July, the discussions were rife with Wave 2’s potential descent to the regions of $0.46 &amp; $0.39.</p>
<p>As we venture into predictions for Wave 3, there’s a buzz in the XRP community. The Triangle 2 target for Wave 3 indicates a rise to the $1.33 mark. Complementing this, the Fibonacci projections also hint at potential levels of $1.88 and a more ambitious $5.85 for this wave.</p>
<p>In conclusion, while crypto predictions can be mercurial, patterns and analyses like these offer a structured approach to potential market movements. For XRP enthusiasts, the coming weeks and months seem to hold promise, especially if the asset continues to honor these technical indicators.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/xrp-weekly-analysis-a-glimpse-into-waves-and-fibonacci-levels/">XRP Weekly Analysis: A Glimpse into Waves and Fibonacci Levels</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP Weekly Analysis: A Glimpse into Waves and Fibonacci Levels

Crypto News Land

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