XRP is currently experiencing a downtrend but still has potential for gains based on Fibonacci retracement levels. The recent sell-off only corresponds to a 38.2% retracement of the previous rally, indicating potential for the price to resume its upward trend. Positive news flow and the potential approval of XRP ETFs could further boost institutional demand for XRP. On the other hand, dogecoin has seen a significant retracement, dropping below 21 cents and retracing over 70% of its previous rally. A retracement above the 61.8% level suggests that the primary trend for dogecoin has ended.
Content Editor ( coindesk.com )
- 2025-02-26
XRP Keeps Rally Hope Alive as Price Holds 38.2% Fibonacci Level, DOGE Uptrend Ends
