Technical analysis by ernsos90 about Symbol XRP: Buy recommendation (8/5/2023)

XRP seem like it may retrace back to 55 cents and retest that previous daily HH that it broke. Base on the daily time frame, 55 cents line up with our fibs level 78.6% . The only thing we are looking for once it reach that 55 cents price, is a support. Daily structure bullish right now, we looking and waiting for the next HL to form so we can buy more XRP.