SLP is oversold and has developed weak bullish divergence. It seems we are doing rounded bottom formation on larger scale and have pattern similar to XRP just lagging behind it. I am expecting bounce up to fibb 0.618 level pivot and then correct back to fibb 0.382 to flip that level into support thus opening path to test of ATH and likely wick into new ATH range.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.