Analyst Says This XRP Resistance Could Trigger Price Rally to All-Time Highs

Key Points

1. XRP has recently moved above the 0.886 logarithmic Fibonacci retracement level at approximately $2.258, which could initiate a significant price rally.

2. XRP experienced a long consolidation phase between 2021 and early 2025, followed by a breakout surge beyond key Fibonacci levels ($1.61 and $1.23).

3. A monthly close above $2.258 could draw attention to higher Fibonacci extension targets, such as $3.32, $8.29, and $13.38.

4. The 0.886 Fibonacci level has been a strong resistance for XRP since its all-time high in January 2018, influenced by legal uncertainties and market sentiment.

5. XRP is currently trading at $2.27, and analysts are optimistic about its short-term trajectory, with some predicting further gains if the resistance is sustained.