Predicting at XRP price: after a rise of 24 % to the highest new level ever this week star-news.press/wp


Xrp It has achieved an amazing increase of 24 % this week, reaching new multi -year levels worth $ 3.27 and paid the market capital to $ 190 billion for the first time.
The explosive assembly coincided with the NYSE Ultra XRP ETF menu on July 18, representing the first trading trading box linked to XRP Trading on a large American stock exchange.
XRP is currently trading at $ 3.25, sitting only 15 % less than its highest level ever at $ 3.84 in January 2018.
It is worth noting that the permanent open future interest reached a record $ 8.8 billion in this gathering, which represents about 2.9 billion XRP in tied contracts.
Likewise, California Governor Gavin New Zom launched a California penetration project at the Ripple headquarters, adding government credibility to the list of XRP benefit.
Technical analysis indicates that XRP has completed a huge pattern for a seven -year symmetrical, as Fibonacci’s goals indicate a range close to 4.70 to $ 6.48.
The historical cycle analysis proposes possible moves towards $ 22-23.
The extension channel targets 4.70 dollars -6.48 dollars
The daily chart of XRP shows a shift from a dumping channel hanging to an upward upward structure, as the recent penetration represents a major shift in the model.
The cryptocurrency increased by 126 % since its lowest levels in April, decisively broken above the previous resistance levels about $ 2.50-3.00 dollars.
Fibonacci extension analysis provides clear oriental goals after the channel’s outbreak.
The immediate resistance is located at the level of 1.618 about $ 3.64, which XRP is currently testing.
The extension of $ 2.618 at $ 4.70 represents the next main goal, followed by a level of 3.618 at $ 5.77 and extending 4.236, which reaches $ 6.48.
The confirmation of the size during the penetration also indicates a huge institutional interest, which pushes this step.
Moreover, RSI readings are higher than 80 of the conditions that the sign excels, but equivalent moves often maintain a high momentum for long periods.
Triangle completion points for seven years to 22 dollars a goal
According to a technical analyst xThe weekly XRP chart puts the current penetration within a huge similar triangle style that has evolved since the peak of 2018.
Currently at $ 3.15, it appears that XRP completes the seven -year integration structure that includes multiple market cycles.
The closer of the triangle near the current time frame makes this penetration particularly important.
The historic Fibonacci analysis suggests that XRP may reach $ 22.70 by August 1, based on similar mathematical relationships characterized by the 2017-2018 session.
The previous main wave has created Fibonacci lineage that can push the current cycle towards a scale of $ 22-23.
Complete the pattern, after seven years of monotheism, creates a strong technical momentum.
The current support range is from $ 2.50 to $ 3.00, the triangle erupted area, which must maintain continuous upward progress towards Vibonacci’s upper forecasts.
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2025-07-19 12:17:00