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XRP’s Fibonacci Breakout: $6.5, $20, or $35? Measured Move Targets $17 First
XRP’s Fibonacci Breakout: $6.5, $20, or $35? Measured Move Targets $17 First
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XRP's chart is painting a bullish masterpiece—Fibonacci circles and measured moves hint at explosive targets.
The Fibonacci Blueprint
Technical analysts are circling three price levels like hawks: $6.5, $20, and a moon-shot $35. The pattern’s symmetry suggests $17 as the next pitstop—classic ‘measured move’ behavior.
The Trader’s Dilemma
Will institutional FOMO kick in before the 50% retracement? Or is this another ‘buy the rumor, sell the news’ circus? (Spoiler: Wall Street still thinks crypto is a casino.)
The Bottom Line
XRP’s setup screams volatility. Whether you’re scaling in or waiting for confirmation—strap in. The charts don’t lie, but your leverage might.
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