Bullish chart pattern hints XRP to hit $9
XRP has seemingly lost steam in its push towards the $4 mark, showing stability in the short term. However, the asset’s technical setup hints at a potential 200% rally. Specifically, one key indicator, the Fibonacci extension tool, paints a bullish picture that XRP could hit the $9 mark as the asset seeks to achieve higher gains following a multi-year consolidation below the $1 mark, according to Analysis shared by The Great Mattsb y in an X post on January 25. XRP price analysis chart. Source: TradingView/The Great Mattsby Notably, Fibonacci extensions predict potential price targets based on prior price movements. In XRP’s case, the 2.618 Fibonacci extension level on the weekly chart aligns with the $9 price mark. Picks for you R.Kiyosaki says Bitcoin 'forcing the fake U.S. dollar into hiding' ...