Peter Smith
⬤ XRP is back on traders' radars thanks to fresh Fibonacci projections showing some serious upside potential. The latest analysis reveals three key price targets that could play out over the coming cycle: around $8.44, $13.65, and $27.23. These aren't random numbers—they're based on Fibonacci extension levels that XRP has historically respected during previous bull runs.
⬤ Looking at the bigger picture, XRP's past cycles hit their Fibonacci targets pretty consistently. Earlier price waves completed extensions at the 1.272, 1.414, and 1.618 levels before cooling off. Now, those same technical levels are pointing way higher for this cycle. XRP is currently trading well below these projections, sitting in what looks like a consolidation phase after pushing up from a long-term bottom.
⬤ The current setup shows XRP coiling up in a tightening range after a strong move higher. Volume has been dropping during this quiet period, which usually means traders are waiting rather than selling aggressively. This pattern looks a lot like what happened before previous breakouts toward higher Fibonacci zones, suggesting the token might just be catching its breath before the next leg up.
⬤ What makes this analysis interesting for the broader crypto market is how it frames XRP's potential in terms of multi-year cycles instead of quick pumps. These extended cycles have historically pushed prices to levels that seemed impossible at the time. If XRP follows its historical playbook and momentum picks up again, these Fibonacci zones could become the next major battlegrounds for bulls and bears.
Peter Smith
