• XRP missed its 2023 measured move by 111%, reinforcing the shift toward logarithmic projections for long-term price analysis.
• Current price action holds above $3.16 support, re-entering a long-term Gann arc structure after prior rejection.
• New projections target $11–$22 if current arc structure remains intact and historical symmetry continues to play out.

XRP has re-entered a critical technical zone after forming a bullish breakout pattern and posting a substantial upside move from 2023 levels. Currently priced at $3.20, XRP is testing resistance near $3.23 while holding immediate support at $3.16. This price behavior follows a move traced back to the falling wedge pattern that began in early 2023. 

According to recent chart data by Egragcrypto, the wedge’s initial breakout missed its projected target by approximately 111%, raising attention around the reliability of traditional measured moves. Importantly, this discrepancy appears to support the growing preference for logarithmic projections in volatile crypto markets.

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The observed chart structure now places XRP within a macro arc defined by intersecting diagonals and price levels, suggesting symmetry across long-term ranges. The recent move, emerging from a breakout near $1.50, reclaimed a support level that had previously acted as a base. This zone, now referred to as the “Macro GO-GO Level,” serves as a potential mid-structure checkpoint. Despite current volatility, XRP continues to hold above this level, with current price action appearing to retest the upper limit of the arc structure.

Logarithmic Targets Shape XRP’s Current Breakout

In March 2023, XRP broke out from a falling wedge structure but failed to meet its traditional projected upside. This projected move had a target around $1.78, but the price halted much earlier, resulting in a deviation of roughly 111%. This significant shortfall is now hiXRP missed its 2023 measured move by 111%, reinforcing the shift toward logarithmic projections for long-term price analysis.

Current price action holds above $3.16 support, re-entering a long-term Gann arc structure after prior rejection.

New projections target $11–$22 if current arc structure remains intact and historical symmetry continues to play out.

XRP has re-entered a critical technical zone after forming a bullish breakout pattern and posting a substantial upside move from 2023 levels. Currently priced at $3.20, XRP is testing resistance near $3.23 while holding immediate support at $3.16. This price behavior follows a move traced back to the falling wedge pattern that began in early 2023. 

According to recent chart data by Egragcrypto, the wedge’s initial breakout missed its projected target by approximately 111%, raising attention around the reliability of traditional measured moves. Importantly, this discrepancy appears to support the growing preference for logarithmic projections in volatile crypto markets.

The observed chart structure now places XRP within a macro arc defined by intersecting diagonals and price levels, suggesting symmetry across long-term ranges. The recent move, emerging from a breakout near $1.50, reclaimed a support level that had previously acted as a base. This zone, now referred to as the “Macro GO-GO Level,” serves as a potential mid-structure checkpoint. Despite current volatility, XRP continues to hold above this level, with current price action appearing to retest the upper limit of the arc structure.

Logarithmic Targets Shape XRP’s Current Breakout

In March 2023, XRP broke out from a falling wedge structure but failed to meet its traditional projected upside. This projected move had a target around $1.78, but the price halted much earlier, resulting in a deviation of roughly 111%. This significant shortfall is now highlighted in newer analyses, reinforcing the argument for logarithmic-based calculations.

This historical context becomes important as the current breakout also aligns with a new projected target of $11. Analysts caution that if another undershoot occurs, as in the previous instance, the price path may extend toward $22. These projections are based on symmetrical setups using logarithmic measurements, which many believe offer better alignment with exponential market behavior.

XRP Reclaims Key Arc Structure as Momentum Builds

The recent breakout also marks XRP’s return to a previously rejected Gann-based arc structure. This structure, defined by vertical and diagonal alignments, shows historical consistency across prior market cycles. Price has now re-entered this arc, appearing to stabilize just above the key $3.16–$3.20 range.

This re-entry aligns with a visual marker on the chart, confirming XRP’s price movement through the lower boundary of the arc. The formation includes both macro and micro levels, with a longer-term projection extending toward a target zone between $11 and $22. This area represents the convergence of multiple diagonal levels projected forward through 2026.

Momentum Builds Amid Higher Relative Strength

Relative performance data from July 27 shows XRP losing 8.5% over the past week, although it still holds the $3.20 price level. Against BTC and ETH, XRP continues to show marginal strength with a reading of 0.00002710 BTC, reflecting a narrow divergence. However, the presence of strong support at $3.16 has prevented deeper downside.

As the price continues to trade between $3.16 and $3.23, XRP’s technical environment remains focused on testing macro resistance without breaking key structure. Transitioning out of this zone may require higher confirmation from either volume increase or structural expansion toward the next resistance arc. The interaction between the short-term wedge and long-term Gann arc continues to define XRP’s chart progression.ghlighted in newer analyses, reinforcing the argument for logarithmic-based calculations.

This historical context becomes important as the current breakout also aligns with a new projected target of $11. Analysts caution that if another undershoot occurs, as in the previous instance, the price path may extend toward $22. These projections are based on symmetrical setups using logarithmic measurements, which many believe offer better alignment with exponential market behavior.

XRP Reclaims Key Arc Structure as Momentum Builds

The recent breakout also marks XRP’s return to a previously rejected Gann-based arc structure. This structure, defined by vertical and diagonal alignments, shows historical consistency across prior market cycles. Price has now re-entered this arc, appearing to stabilize just above the key $3.16–$3.20 range.

This re-entry aligns with a visual marker on the chart, confirming XRP’s price movement through the lower boundary of the arc. The formation includes both macro and micro levels, with a longer-term projection extending toward a target zone between $11 and $22. This area represents the convergence of multiple diagonal levels projected forward through 2026.

Momentum Builds Amid Higher Relative Strength

Relative performance data from July 27 shows XRP losing 8.5% over the past week, although it still holds the $3.20 price level. Against BTC and ETH, XRP continues to show marginal strength with a reading of 0.00002710 BTC, reflecting a narrow divergence. However, the presence of strong support at $3.16 has prevented deeper downside.

As the price continues to trade between $3.16 and $3.23, XRP’s technical environment remains focused on testing macro resistance without breaking key structure. Transitioning out of this zone may require higher confirmation from either volume increase or structural expansion toward the next resistance arc. The interaction between the short-term wedge and long-term Gann arc continues to define XRP’s chart progression.