In the XRP daily chart I can see 2 strong downtrend lines. The first from 10th Feb and the second from 30th of May.
We saw a major support of 0.425c broken which sent XRP into free fall on the 6th of August which bounced at 0.24654c on the 14th of August. By drawing Fibonacci from the swing high of 0.52467c of the 18th of July to this swing low we get the levels...