XRP Fibonacci Extensions Dey Signal Rally to $8–$27
Analyst dem don spot symmetrical triangle breakout for XRP price, e dey remind 2017 cycle and e talk say price fit rally 530% come reach $22.70 by August. ChartNerd monthly chart show say price don breakout pass important resistance wey dey for 2017 trendline. Fibonacci extensions for 1.272 and 1.618 levels set target for XRP price at $8.41 and $27.34, wey be like previous extensions wey bin dey $0.13 and $0.37. As e dey trade near $3.25 now, XRP look like e ready for bullish momentum. This XRP price prediction model dey use recurring Fibonacci extensions and structured impulse waves, but traders need make dem consider market wahala, macroeconomic conditions and regulatory changes. This summary na for information only, no be financial advice.
Bullish
Di kombin finish analyzis tok se say symmetrical triangle don break and key trendline resistance don burst, e get support from Fibonacci extension targets we dey from $8.41 go $27.34. These technical indicators show say market get strong bullish feeling. For short time, traders fit see fresh buying interest as XRP dey hold above $3.25–$3.44 range, fit help push momentum. For long run, the 1.272 and 1.618 extension levels give clear targets wey fit give investors confidence. But market wahala, big economy changes and regulatory tori fit soft price waka, so risk management still dey important.