TimesTabloid
2025-07-08 05:41:29

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

In the crypto market, structural technical signals can carry significant weight, and these signs suggest that XRP has recently moved into a potentially pivotal phase. According to a monthly chart shared by crypto analyst Cantonese Cat (@cantonmeow), breaking above the 0.886 logarithmic Fibonacci retracement level, positioned at approximately $2.258, could kickstart a major rally. The chart starts from 2017 to the present, and highlights XRP’s long consolidation phase between 2021 and early 2025, during which the price remained largely suppressed despite broader market fluctuations. This stagnation was followed by a breakout surge that pushed XRP beyond the significant 0.786 ($1.61) and 0.707 ($1.23) levels. $XRP monthly chart Break 0.886 log fib, making all time highs https://t.co/Whs31W09HF pic.twitter.com/AOVoFy2vrY — Cantonese Cat (@cantonmeow) July 5, 2025 Multiple analysts have predicted an impending breakout , and a monthly close above $2.258 would draw attention to the full Fibonacci extension target near $3.32 and speculative higher targets extending to $8.29 (1.272) and $13.38 (1.414), should momentum persist. Historical Importance of this Resistance Level The 0.886 Fibonacci level is often viewed as the last meaningful resistance before an asset revisits its prior highs. For XRP, this level has held firm since its all-time high in January 2018. While other large-cap assets such as Bitcoin and Ethereum reached new all-time highs in subsequent years, XRP has remained below its former peak, constrained by legal uncertainties and shifting investor sentiment. The digital asset closed above this level in January, when it recorded its highest monthly close ever , but market pressure held it down in subsequent months. Now, with momentum building , the digital asset could retest this level again. While XRP has not yet surpassed its historic peak, breaking this barrier would signal an end to its extended accumulation and position the asset in a stronger technical stance than at any point in recent years, setting the stage for a push toward a new all-time high. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Can XRP Break This Resistance? The broader cryptocurrency market has shown signs of recovery throughout 2025, supported by improving macroeconomic conditions and increased institutional participation. Analysts have expressed confidence in XRP’s short-term trajectory, and ChatGPT’s forecast for July 31 suggests that it will breach the resistance level, as the AI tool expects the asset to trade at $ 2.50. XRP is currently trading at $2.27, sitting above the $2.258 level. If it can maintain this position or continue climbing throughout July, it may be the last time we see the digital asset at current prices. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says This XRP Resistance Could Trigger Price Rally to All-Time Highs appeared first on Times Tabloid .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.