- XRP moves above $2.50 with traders monitoring Fibonacci 1.618 at $26.6 as a possible long-term target on current charts.
- The market structure shows higher retracement levels with $3.17 and $9.00 forming key zones before final Fibonacci expansion.
- Momentum signals strong continuation if XRP maintains current trajectory supported by rising trading volume on Bitstamp.
XRP’s recent price action shows a sharp breakout from the $2.30 range, forming a strong upward trajectory with expanding momentum. The digital asset now trades near $2.54 on Bitstamp, aligning with a Fibonacci projection that indicates a potential path toward $26.6. Traders are closely observing this structure as optimism builds over a possible new all-time high.
The Fibonacci retracement and extension levels plotted on the daily chart display clear price alignment with key resistance points. XRP has reclaimed the 0.786 zone at $1.90 and the 1.272 extension near $8.79, both historically significant levels during prior rallies. Analysts identify the 1.618 Fibonacci expansion at $26.63 as the next major price objective if bullish momentum continues.
The chart also highlights intermediate resistance at $3.17 and $13.89, representing psychological and structural checkpoints. These levels will likely test the strength of buying pressure before the next breakout. XRP’s current position near the 0.888 retracement indicates a strong bullish structure, often associated with rapid continuation phases.
Technical Data Signals Renewed Bull Market Strength
According to data visible on the TradingView chart, XRP’s market structure mirrors past bull cycles where consolidation preceded strong surges. The price’s climb above multiple Fibonacci zones reflects improving trader sentiment. On-chain indicators show rising liquidity and order activity supporting the uptrend.
The projected expansion pattern shows how XRP may continue scaling toward $26.6 through phased resistance levels. Market participants view this alignment as a signal of cyclical strength across the 2025 chart period. Each Fibonacci zone acts as a key checkpoint marking momentum growth and potential retracement pauses.
Traders note that if XRP maintains its pace above $2.50, the price could advance toward $3.17 within short-term horizons. The market’s response at this point will determine whether a continuation toward $9.00 or higher levels occurs. Sustained volume increases would validate the projection.
Can XRP Sustain Momentum Toward the $26.6 Target?
The most critical question now revolves around XRP’s ability to sustain its bullish momentum through November. The Fibonacci-based projection model suggests that the structure remains intact for further growth. Each upward move has aligned precisely with previous retracement and extension marks.
The $26.6 projection corresponds with the 1.618 Fibonacci extension — a technical level historically associated with the climax of strong bullish phases. Traders monitoring the expansion anticipate increasing volatility as XRP approaches higher retracement boundaries.
As of now, XRP trades within an accelerated structure supported by higher highs and narrowing consolidation ranges. The bullish sentiment continues to dominate, with social and technical indicators reinforcing the likelihood of continuation. The coming sessions will reveal whether the market can maintain this trajectory long enough to reach the projected expansion zone.
