•  XRP continues to trade near $2.44 showing strong technical support and maintaining a bullish structure above key Fibonacci levels.
• Analysts highlight that the next Fibonacci extensions point toward $8.29 and $26.63 marking possible upside targets.
• Chart data shows consistent strength above $1.61 confirming accumulation signals that align with a long term bullish setup.

XRP currently trades at $2.4472, showing firm support above the 0.786 Fibonacci retracement level at approximately $1.61, according to a monthly chart shared by Charting Guy on TradingView. The chart displays a long-term Fibonacci structure projecting multiple resistance and extension levels, with targets that extend beyond $26 on the 1.618 Fibonacci extension.

The analyst stated that “XRP is NOT bearish in the slightest,” suggesting that the token remains positioned for further strength within its long-term trend. The statement drew significant attention across social media, amassing over 78,000 views and sparking renewed discussions about XRP’s macro price setup.

The monthly chart reveals that XRP has maintained a broad consolidation range since breaking above $1.20, with price action now stabilizing around the upper retracement zone. This price area coincides with historical resistance from 2021, now acting as potential long-term support, further reinforcing the bullish case presented in the analysis.

Trading activity remains concentrated near $2.44, while the upper Fibonacci thresholds — particularly the 1.0 (3.31) and 1.272 (8.29) levels — mark future resistance zones if upward momentum persists. This structure hints at an ongoing accumulation phase that could set the stage for the next major rally.

Key Fibonacci Levels Guide Market Expectations

The chart features several Fibonacci retracement and extension markers that highlight XRP’s historical and projected movement. Each level illustrates the strength of XRP’s current market position within a multi-year technical framework.

The 0.702 retracement zone, near $1.21, is particularly notable as a prior consolidation base that supported the breakout earlier this year. Below that, the 0.618 level near $0.91 represents a critical retracement boundary, previously seen as an accumulation area during earlier cycles.

The Fibonacci projections suggest possible future upside targets, beginning with the 1.272 extension at $8.29 and extending to 1.414 at $13.38 and 1.618 at $26.63. These projections align with XRP’s long-term pattern, implying that if momentum continues, the next phases could mirror prior impulsive waves seen in 2017 and 2021.

Market watchers have also noted that the yellow-highlighted region on the chart corresponds to a historic resistance zone from 2018, which XRP recently reclaimed as support. Such structural reclaim patterns are typically viewed as signals of strength during extended bull cycles.

Could this long-term Fibonacci structure be signaling that XRP is preparing for a renewed macro uptrend similar to its 2017 breakout phase?

Analysts Dismiss Bearish Sentiment as XRP Consolidates

In response to online skepticism, Charting Guy reaffirmed that the setup remains technically sound, noting that XRP’s monthly candles still form higher lows. He further emphasized that the asset’s position above key Fibonacci zones signals continuation potential, not reversal.

Other traders have also weighed in on the discussion. One user commented that “Just ignoring 2021 then, lol,” to which the analyst replied, “It’s 2025.” This exchange reflects the broader belief that current market structures are more reflective of an early-stage expansion rather than a distribution phase.

Historical comparisons to 2021 and 2018 reveal that similar setups preceded multi-month rallies following periods of low volatility. XRP’s current formation appears to echo that pattern, where extended compression around retracement levels often leads to sharp directional moves.

Data from Bitstamp confirms consistent monthly closes above the $1.60 support zone, indicating that buyers continue to defend key thresholds. Meanwhile, the $3.10 resistance aligns with prior cycle peaks, marking the first major test before potential movement toward double-digit extensions.

As XRP maintains its structure above $2, chart data points to an expanding pattern that supports the view of continued growth through 2025. The ongoing strength of this Fibonacci alignment reinforces technical confidence in XRP’s long-term price outlook.