Here Are the Two Key Fibonacci Barriers XRP Must Breach Before Hitting $2

XRP would need to breach two important Fibonacci barriers before bulls can push prices toward the elusive $2 level. XRP is trying to regain its upward momentum after the latest market-wide sell-off, rising above $1.30 to trade at $1.3232 at the time of writing. The token has gained 2.19% on the current weekly candle, but still faces major resistance before it can return to $2. An analysis of the weekly chart shows two key Fibonacci retracement levels at $1.6198 and $1.8939 that XRP must break above to strengthen its recovery and move closer to the $2 mark .

Source: The Crypto Basic