Technical evaluation of XRP’s price action on the 3-week candlestick timeframe chart exhibits that the cryptocurrency is about to play out a street to the double-digit threshold based mostly on its long-term construction.
The evaluation, which was shared on the social media platform X alongside a multiyear chart, factors to XRP buying and selling in what’s labeled Section 4. On the heart of this setup is a transparent technical goal of a break above the earlier all-time excessive and a run to not less than $21.5
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XRP Value Motion In Phases
Technical analysis of XRP price action exhibits that the cryptocurrency has been buying and selling in a sequence of 4 phases for greater than a decade. One full sequence of 4 phases unfolded between mid-2013 and mid-2017 as the muse for XRP’s first rally to cost peaks. Since then, a second set of 4 phases has been growing and following an analogous sample.
XRP transitioned into a brand new section 1 and section 2 sequence that led to a 2018 peak for section 1 after which a pullback for section 2 between 2018 and 2020. This was adopted by an unusually lengthy p3 that stretched from 2019 to mid-2024, seen on the chart as a broad, multi-year consolidation with converging trendlines of decrease highs and better lows. Throughout this time, XRP’s worth motion was trapped contained in the compression construction, identical to the habits seen throughout section Three of the primary cycle.
XRP Price Chart. Source: @amonyx On X
Section Four Returns: XRP To Double Digits
In accordance with the technical evaluation, section Four started in 2025, when XRP lastly broke above the compression vary in mid-2024. This breakout was the identical structural transition seen in mid-2017, when XRP exited consolidation and entered enlargement.
Section Four has already been in progress for a number of months and consists of the interval when XRP rallied to new all-time highs in mid-2025, ultimately topping out at $3.65 in July. Since that peak, nonetheless, XRP’s worth motion has been taking part in out a corrective downward trend and is down by roughly 48% on the time of writing.
Regardless of the continuing correction, the projection is that XRP remains to be in section Four and goes to interrupt into new all-time highs soon. This exhibits that section Four may unfold over an extended period and never with a single impulse transfer. The present all-time excessive of $3.65 is the primary main technical hurdle, and a break above it’ll function affirmation that XRP is again into worth discovery.
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Primarily based on this technical evaluation, previous enlargement ratios from the earlier cycle are utilized and a 6.618 Fibonacci extension is measured from the section Three help low. This factors to a projected worth stage close to $21.5. On the time of writing, XRP is buying and selling at $1.89, that means a transfer to that stage would characterize a rise of roughly 1,040% from present costs.
Featured picture from Pexels, chart from TradingView
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