#XRP Tactical Move In order to Achieve Strategic Targets ( Fib 1.236, 1.414 & 1.618):
Let me start with the Strategic Targets:
In any Fib Extension, these three targets are our main goals. Hitting any of them could push #XRP into the $7, $15, or $30 range. Here's why these Fib levels are important:
A) 1.236: 📏 Indicates a potential reversal or continuation point, based on the square root of 1.618.
B) 1.414: 📏 Used to identify potential price targets or reversal points, derived from the square root of 2.
C) 1.618: 📏 Signifies the golden ratio, derived from the Fibonacci sequence, and is significant for price targets or turning points.
Tactical Move - Let's Take a Closer Look:
The 'W' Formation remains valid and is progressing as previously stated. The measured move is calculated in both logarithmic and non-logarithmic scales:
A) Logarithmic: $1
B) Non-logarithmic: $1.2
C) Extended: $1.3 What's crucial now is for #XRP to close weekly, with multiple closes above $1.3 convincingly. This would likely mark the end of trading below the $1 mark.
#XRPArmy STAY STEAD! Our targets are $5, $7, $11, $13, $15, $17, $21, or $27. Keep in mind that $1.3 could be our next bottom in the bear market.