technical analysis XRP price action The 3-week candlestick timeframe chart shows that the cryptocurrency is heading in exactly that direction. double digit Set thresholds based on long-term structure.
This analysis, shared on social media platform X along with multi-year charts, shows that XRP trading is in a situation called Phase 4. Central to this setup is the clear technical goal of breaking above all-time highs and rising to at least $21.5.
Related books
Gradual XRP price fluctuations
Technical analysis of XRP price trends It shows that cryptocurrencies have been trading in a series of four phases for over a decade. As the basis for XRP’s initial rise to a price peak, a complete sequence of four phases unfolded from mid-2013 to mid-2017. A second set of four phases has since been developed and follows a similar pattern.
XRP transitioned into a new Phase 1 and Phase 2 sequence, resulting in a 2018 peak in Phase 1 and a decline in Phase 2 from 2018 to 2020. This was followed by an unusually long P3 that lasted from 2019 to mid-2024 and is seen on the chart as a broad multi-year consolidation with a converging trendline of falling highs and rising lows. During this time, XRP price movements were trapped within a compressed structure, similar to the behavior seen in Phase 3 of the first cycle.
XRP price chart. Source: @amonyx On X
Phase 4 return: XRP hits double digits
According to technical analysis, Phase 4 will begin in 2025 and XRP will eventually break out of the compression range in mid-2024. This breakout was the same structural change seen in mid-2017 when XRP went out of consolidation and entered expansion.
Phase 4 has already been underway for several months and includes the period during which XRP is introduced. reached an all-time high in In mid-2025, it finally peaked at $3.65 in July. However, since that peak, XRP’s price has continued to fluctuate. corrective downward trend As of this writing, it’s down about 48%.
Despite the ongoing correction, XRP is still in Phase 4 and predicted to break out. It will soon reach an all-time high. This indicates that Phase 4 is possible. unfold over a long period of time It’s not a single impulsive movement. The current all-time high of $3.65 is the first major technical hurdle, and breaking it would serve as confirmation that XRP is returning to the price discovery stage.
Related books
Based on this technical analysis, the historical extension rate from the previous cycle is applied to measure the 6.618 Fibonacci extension from the Phase 3 support low. This indicates an expected price level around $21.5. At the time of this writing, XRP is trading at $1.89, and a rise to that level would represent an increase of approximately 1,040% from the current price.
Featured images from Pexels, charts from TradingView
