TimesTabloid
2025-10-01 03:33:20

Analyst Spots $27 XRP Price Potential Based On This Bullish Historical Cycle

ChartNerd (@ChartNerdTA), a well-known crypto analyst, recently presented an in-depth view of XRP’s potential trajectory using long-term technical indicators. His latest chart highlights similarities between the 2017 breakout, the 2024 breakout, and the current cycle, suggesting the possibility of a major move if history repeats. $XRP : $8 > $15 > $27 Potential pic.twitter.com/A6qo10E8xd — ChartNerd (@ChartNerdTA) September 28, 2025 Examining the Chart Setup The chart compares two multi-year consolidation patterns. The first symmetrical triangle structure , which was resolved in 2017, produced a surge that met Fibonacci extension targets quickly and sent the asset to its previous all-time high. The second symmetrical triangle, unfolding over several years since 2018, broke upward in late 2024, sending XRP up by over 500%. One of the key elements ChartNerd highlighted is the similarity in structure between the past and present cycles. In both cases, XRP consolidated within a tightening formation before breaking out with strength. The analyst uses the Relative Strength Index (RSI) to track market conditions, pointing out that the 2017 move reached extreme levels above 95. He anticipates a comparable situation may occur again in this cycle, predicting that XRP will create a bearish divergence on the monthly chart before targeting a new peak. XRP’s Price Targets After repeating that explosive surge, ChartNerd believes the digital asset is forming a similar formation, but on a compressed timeline. The asset began forming this new symmetrical triangle after its peak of $3.39 in January, and the asset’s all-time high of $3.65 in July briefly pushed above the upper trendline, suggesting that the asset is building toward a breakout. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The outlined Fibonacci targets place the first level near $8.5 (Fib. 1.272), followed by $13.76 (Fib. 1.414), and extending up to $27.49 (Fib. 1.618). These figures represent levels where traders may expect resistance or a potential slowdown in momentum. For ChartNerd, the levels are not arbitrary but consistent with past performance, where XRP also met key Fibonacci markers during its last major bull cycle. If XRP were to advance toward these projected price levels, it would reaffirm the asset’s relevance in the digital asset sector. A move beyond $8 would signal renewed market strength, while progress toward $15 and $27 would likely draw new participants and validate long-term holders who have remained through extended consolidation. XRP is currently trading at $2.90, attempting to surpass the $3 level. A decisive break above this resistance and above the triangle’s upper trendline would be the first step toward reaching ChartNerd’s targets. 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 Spots $27 XRP Price Potential Based On This Bullish Historical Cycle appeared first on Times Tabloid .

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