So here is my thought process:
This rally started from 0.30 levels and went up to ~0.50 on Nov 22.
After that point, it went for two days of sideways movement and jumped to 0.80.
Now, the highest point of ~0.50 on Nov 22 coincides with the 0.618 level on FIB retracement from 0.30 to 0.80 level.
If the latest high point of 0.80 is going to coincide with the next high point's 0.618 FIB level, then we can assume that the price will go up to 1.30 to 1.60 levels in a couple of days.
In the chart, I draw the second FIB starting from Nov 23 up until the 0.618 level reached the 0.80 levels, which gave me 1.32 for the next highest point.
However, if you start it from 0.30 levels, then our next high seems like around ~1.60 levels.
This is just a test for my price prediction over the next couple of days for XRP. I am not an investment advisor, trade at your own risk.
This rally started from 0.30 levels and went up to ~0.50 on Nov 22.
After that point, it went for two days of sideways movement and jumped to 0.80.
Now, the highest point of ~0.50 on Nov 22 coincides with the 0.618 level on FIB retracement from 0.30 to 0.80 level.
If the latest high point of 0.80 is going to coincide with the next high point's 0.618 FIB level, then we can assume that the price will go up to 1.30 to 1.60 levels in a couple of days.
In the chart, I draw the second FIB starting from Nov 23 up until the 0.618 level reached the 0.80 levels, which gave me 1.32 for the next highest point.
However, if you start it from 0.30 levels, then our next high seems like around ~1.60 levels.
This is just a test for my price prediction over the next couple of days for XRP. I am not an investment advisor, trade at your own risk.