XRP Fibonacci Levels Point to Big Gains: Is the $4.80 Range the Next Target?

• XRP’s Elliott Wave timespan shows good bullish strength, and Fibonacci targets show a potential move to $3.90–$4.80.
• A short pullback may occur before the final wave, often followed by major rallies that strengthen confidence in XRP’s long-term growth.
• Fibonacci retracement levels are the key support zones, which help traders anticipate price movements and XRP’s next spectacular market action.

XRP is showing strong momentum in the cryptocurrency space, with a rising trend that follows Elliott Wave Theory. A recent technical analysis by XForceGlobal highlights three bullish scenarios, pointing to the potential for a major price surge and long-term growth.

XRP Elliott Wave Analysis and Market Trends

According to XForceGlobal,  XRP’s price action is a well-structured five-wave impulse, which validates strong bullish strength. It initially created a descending triangle before breaking through a crucial resistance level, indicating a reversal of the trend. This break caused a rapid price rise, which was later followed by a short pullback. The trend then picked up its upward trend, solidifying XRP in the market.

Fibonacci retracement levels help us to identify key levels of support and resistance, and there is information on likely price action. The Elliott Wave count shows XRP to be in a long-term trend of being bullish, with a short-term correction to come before the final wave is completed. Historically, these corrections have come before price spikes, and that gives us more confidence in XRP’s long-term future.

By Fibonacci extension levels, analysts predict that XRP could go up between $3.90 and $4.80 before another decline. The price structure mirrors past bullish cycles, indicating strength in the current trend. If momentum continues, XRP may enter a sustained growth phase, drawing increased investor interest. The combination of Elliott Wave analysis and Fibonacci levels supports a strong upside potential.

XRP Price Forecast and Key Fibonacci Levels

XForceGlobal noted that the latest market slump follows historical trends and is therefore more likely to follow up with a spectacular rebound. Fibonacci retracement levels indicate key areas where XRP’s price will react, providing future trading platforms. The final Elliott Wave impulse will spearhead the formation of a spectacular surge, potentially taking XRP to multi-year highs.

Elliott Wave patterns provide a systematic approach to analyzing the market trend of XRP, allowing traders to forecast a change in momentum. Market watchers project that the long-term trend is positive,  with price projections aligning with strong Fibonacci support and resistance levels. Fresh resistance levels will exist after completion of this wave cycle, impacting XRP’s subsequent market phase.