- XRP’s breakout above historical levels signals bullish momentum, with Fibonacci targets highlighting $2.34 and $3.05 as key zones.
- Analysts point to XRP’s price symmetry and past fractals, suggesting a possible rally mirroring the 2017 multi-year surge.
- Strong demand near $2.00 and talk of an XRP ETF or Ripple-SEC deal are fueling expectations of a breakout above $2.75.
XRP’s multi-year price pattern is unfolding again as analysts monitor key Fibonacci levels with technical precision. The asset shows strength above breakout zones, echoing a structure seen in previous expansion cycles.
XRP’s historical symmetry continues to guide projections, with current moves showing resemblance to its earlier bullish setups. The structure holds above a long-term breakout line, as Fibonacci targets define the next possible wave. Market attention remains on key levels around $2.34 and $3.05, which serve as technical beacons.
Source: Post on X
Astute commentator Javon Marks notes how XRP surged in past cycles after escaping multi-year consolidations. According to the breakdown, the current structure mimics the 2017 breakout, which started at $0.00614 and extended to the 2.272 Fibonacci level. He claims the new cycle, which began at $0.37079, points to $2.34445 and $3.05173 if momentum holds.
Chart movements show the price has respected higher lows and rising trend lines, reinforcing the bullish setup. The Fibonacci framework remains intact, with confluence seen at former resistance zones like $0.34613. These levels support the view that XRP is still in a valid breakout sequence.
Range Holds as Analysts Watch for Catalyst
XRP’s channel between $2.00 and $2.75 shapes near-term price action and psychological sentiment. Volume remains steady at local bottoms, with multiple tests of the $2.00 region reinforcing it as a demand zone. Traders are watching closely to see if the price escapes this range with strength.
Source: Post on X
Prominent commentator Crypto Raven explains XRP has respected this range since March. Rejections near $2.75 and bounces near $2.00 define the current consolidation. He suggests this structure is typical of pre-impulse phases before strong moves.
He also highlights external factors that could trigger movement. A Ripple-SEC settlement or an XRP ETF could ignite upward pressure, possibly pushing the price past $6. He identifies $2.35–$2.45 as a short-term congestion zone where volume often spikes.
Macro Signals Add Weight to Structure
Other analysts cite XRP’s utility and growing institutional interest as macro tailwinds. XRP’s role in cross-border settlement gives it real-world relevance. Analysts believe the asset is nearing a new valuation model based on utility and global integration.
Despite uncertainty, chart structure and fractals keep aligning. Market watchers remain patient as XRP tests historical ranges with conviction.
