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Analyst Predicts XRP Surge to $7.50 After Final Price Dip
XRP's Current Market Analysis
- Crypto analyst Charting Guy suggests XRP is in a Wyckoff reaccumulation phase, not bearish despite range-bound trading.
- XRP/USD trades around $2.23 after an 8–9% weekly increase, consolidating below the 2025 peak at approximately $3.317.
- Fibonacci levels include 0.5 at ~$0.61495, 0.618 at $0.91531, 0.702 above $1.20, and 0.786 at $1.61246. A key support zone lies between the mid-$1s to low-$2s.
- Above the 2025 high, Fibonacci extensions are plotted: 1.272 at ~$8.29661, 1.414 at $13.38940, and 1.618 near $26.63038, with a short-term target of ~$7.50.
XRP Price Roadmap for 2026
- The roadmap features a Wyckoff schematic, starting with Preliminary Supply (PSY) and Buying Climax (BC) in the low-$3 zone.
- A Secondary Test (ST) and Automatic Reaction (AR) set the range's lower boundary near $1.61184.
- Mid-2025 sees an “UT Phase B” upthrust into $3+ resistance, leading into a downward channel with support back toward $1.61–1.70.
- Anticipated "SPRING" move tests $1.61184 before rebounding to $1.95, establishing a higher low between $2.00 and $2.20.
- A breakout above the descending "CREEK" trendline leads XRP from $2.20–2.30 through $2.90 resistance.
- Projected steep markup phase could rally XRP from $3.00 to $7.50, still below the 1.272 extension at $8.29661.
Technical Insight
- Charting Guy counters bearish narratives focused on monthly RSI, noting stability despite momentum loss during 2025.
- As long as $1.61–1.70 holds, consolidation is seen as preparation for a potential Wyckoff-style breakout to ~$7.50.
Current XRP price is $2.23.
