#ETHOnTheRise #XRPReclaimsTop3

XRP Price Approaches 4.236 Fib Level With A Rally To $9 Possible

In a TradingView post, Crypto analyst Lane McMurtrey revealed that the XRP price is near the 4.236 Fibonacci level and predicted that the crypto could top at $9.4 following this development. The crypto analyst further explained why this level is critical when watching out for market tops for the crypto.

According to the crypto analyst, in Fibonacci-based technical analysis, the 4.236 extension often represents a psychological and mathematical exhaustion for bullish moves. Lane McMurtrey stated that historically, when an asset hits this level, it leads to major profit-taking and exponential volatility. It also marks the beginning of a market reversal.