In Fibonacci extensions, the premium zone is between the levels 0.5($1.1263) and 0.618($1.3243).

NEXT STEPS

  1. At this moment, for XRP, the premium zone is a resistance zone. It must first break through this zone upward with strength, subsequently turning it into a support zone.

  2. Then the price of XRP should retreat and bounce in that zone.

  3. From here, the price should go to seek the maximum of the previous cycle at $1.96 dollars.

  4. Even surpassing this level, XRP has a long way to go before reaching its all-time high at $3.84 dollars.

  5. We know that surpassing its ATH will be quite a challenge! [◽]

🔔 Good luck with your trading! 😌🙏 💰💰💰