Technical analysis by Pouncer626 about Symbol XRP: Buy recommendation (12/4/2024)

Using a 1 + 2 (Green) Higher High and Higher Low, we can find the Fib Extensions between the 1.618 and 1.7886 sitting around $30 - $50. (This usually gets overshot and retraced to in bull markets...) Using a Ghost Feed on a Logarithmic Scale, (Which preserves percentages of gain in a visual way...) We can also find that the previous pattern seems to adhere to those target Fib Extensions (As it would have proportionally with past extension targets...) and can give us a ballpark example if history were to repeat itself. (Although each time it uses different noise and retracements to arrive at the same targets...) The Timing may also be different Due to worldwide events and time tables... The potential Cycle high may be as much as $264! (Which also adheres to a measured move based off the 6-year triangle target) It most likely won't take 6 years to retrace next time as the SEC stuff is past now... Good Luck out there!