BurkeBrunson

XRP-USD H12 Past Bull Run Retracement Analysis

BITSTAMP:XRPUSD   XRP / U.S. Dollar
I had some free time and decided to create a chart analysis of the Fibonacci retracement levels of the most recent bull-run impulse.

Notice how some of the Fib retracement levels shown were almost spot on with some of the price calls people have been making for XRP in the next 12 months. Yoshitaka Kitao has previously stated that he thinks XRP can get to $10 USD, once a few hurdles are vaulted. This leads me to think that these may be some price windows to watch for, if a massive move upward were to happen. FYI: Only the TV-standard levels of the FR analysis were used in the bull-run retracement analysis.

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