- XRP holds $1.93 support while consolidating near the 1.272 Fibonacci level at $3.25 ahead of major resistance.
- Oscillator readings near 70–75 indicate strong momentum, resembling levels seen before previous cycle peaks.
- XRP’s recurring accumulation, consolidation, breakout pattern suggests $6.26 as the next technical checkpoint.
XRP is trading in a decisive consolidation range following a major breakout above long term resistance, with analyst MikyBull Crypto outlining ambitious targets between $6 and $21. His prediction comes from two converging technical structures: a Fibonacci expansion setup and a recurring multi cycle pattern that has historically led to exponential moves.
Consolidation Above Key Fibonacci Level
XRP recently reclaimed the 1.0 Fibonacci extension level near $1.938, which previously capped upside attempts. That level has now turned into support, with price fluctuating around the 1.272 extension near $3.25.
However, historical price action shows that consolidations at this region tend to precede large expansions. Notably, earlier accumulation took place between the 0.5 retracement at $0.749 and the 0.618 level at $0.938, creating the foundation for the current rally.
The next defined resistance is at the 1.618 extension around $6.26, aligning with MikyBull Crypto’s conservative $6–$10 target zone. Beyond that, Fibonacci predictions point toward the 2.272 extension near $21.71 as a long term objective.
Strong Momentum
While price structure is constructive, trader focus has also changed to the oscillator readings beneath the price chart. Previous cycle peaks in 2017 and 2024 occurred when the indicator crossed above 80.
Currently, readings are between 70 and 75, indicating sustained momentum yet also warning of potential short term pullbacks. However, such cooling periods often occur within active macro uptrends rather than ending them.
This aligns with market structure, where price continues to respect $1.93 as support, maintaining the broader breakout stance.
Multi Cycle Structure Reappears
A repeating three phase pattern adds further context to XRP’s current position. Historical data shows that every major cycle has followed accumulation, consolidation and breakout stages in order.
The 2014, 2020 and 2024 moves all followed this structure, each time using the 50 day simple moving average as a pivot between consolidation and expansion. XRP is once again stabilizing above the 50-SMA, this time between $2.60 and $3.20.
However, previous cycles suggest that holding this range typically precedes a fresh breakout leg. If momentum extends into late 2025 or 2026, Fibonacci alignment and cycle rhythm place $6.26 as the next checkpoint before any broader extensions toward five digit levels.
Each structural input, retracements, oscillator behavior and historical repetition, places XRP at a technically key point, with defined levels framing both near term and extended targets.
