What Is Fibonacci Retracement and How to Use it Fibonacci retracement is a technical analysis tool used to identify potential levels of support and resistance during a price pullback.

Every trader should be aware of the impact Fibonacci levels and round-number percentage returns can have on stocks Whether you're trading stocks or options, you probably include technical analysis ...

Key Fibonacci Levels 23.6%: This is the first level of retracement and often marks shallow pullbacks in a strong trend. 38.2%: A common retracement level, signaling moderate corrections in a trend ...

The benchmark index has flirted with - but has so far failed to close above - a key Fibonacci retracement target. Until it does, the downtrend is still alive. Is the S&P 500 index's recent rally ...

What to know: The XRP price is holding the 38.2% Fibonacci retracement of the November-January surge. DOGE has dropped below the 61.8% retracement, signaling an end of the dogecoin rally.

Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels. XRP reached a peak of $3.40 in ...