What Are Fibonacci Retracement Levels, and What Do They Tell You?
All the ratios, except for 50% , are based on some mathematical calculation involving this number string. As discussed above, there is nothing XRP to calculate when it comes to Fibonacci retracement levels. In that case, it has retraced 23.6%, which is a Fibonacci number. This two-line indicator can help identify overbought and oversold levels. …
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