SXPUSDT Analysis of Corrections on Daily Chart and Fibonacci L.
Let's look at some statistics. If the correction level of SXPUSDT is more than 50%, price reaches approximately 10% higher of the previous high.
When the correction level is about 30%, price reaches %32 higher of the previous high. I assume the latest %38 correction is completed. Therefore I expect price to rise to the level of 7.74, which is also the %161.8 level of the Long term Fibonacci Retracement.
When the correction level is about 30%, price reaches %32 higher of the previous high. I assume the latest %38 correction is completed. Therefore I expect price to rise to the level of 7.74, which is also the %161.8 level of the Long term Fibonacci Retracement.