Analyst Projects Timeline for XRP to Hit $8–$27
2025-07-19 14:01:21
Main Idea
Crypto analyst ChartNerd projects XRP could reach $8–$27 in the current bullish cycle based on technical analysis and historical Fibonacci levels.
Key Points
1. ChartNerd's analysis uses a long-term XRP chart dating back to 2013, highlighting key breakout levels and Fibonacci extensions.
2. The chart indicates XRP has broken above a key trendline, with the current price marked at approximately $3.25.
3. Fibonacci extension targets suggest potential price levels of $8.41 (1.272 extension) and $27.34 (1.618 extension) for this cycle.
4. The analysis is anchored in historical behavior, where XRP respected similar Fibonacci levels during previous cycles.
5. The phrase 'BREAK FOR IMPULSE' in the chart is seen as a technical confirmation of an upward trajectory.
Description
Crypto analyst ChartNerd has shared a long-term XRP chart suggesting a significant potential price surge for the asset in the current cycle, citing technical indicators based on historical Fibonacci extensions. The chart shows a series of monthly candlesticks dating back to 2013, highlighting key breakout levels and projected targets for XRP. According to the chart, XRP previously respected the 1.272 and 1.618 Fibonacci levels during its earlier cycle, which were hit at $0.13267 and $0.36911, re...
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