To reinforce his thesis, he pointed to the Fibonacci retracements, specifically the behavior of XRP around the 0.86 level. If XRP can convincingly break above 0.86, he believes that new all-time highs may occur. When asked why the market is still not moving, he dismissed the apparent stagnation as noise, stating that the lack of momentum is not a sign of weakness, but rather an indication that XRP is compressing in a low volatility zone, a typical prelude to a high volatility expansion.$BTC
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