The price of XRP may reach $21 in this bullish cycle with the Fib level of 1.618 as the next target.

According to specialized analysts, the price of XRP is showing renewed bullish momentum, with projections suggesting a potential rally to the Fibonacci level of 1.618 at $21 in this bullish cycle. Although this projection may seem ambitious, the analyst's optimistic outlook does not stop there. Once XRP reaches $21, it is expected to continue its upward trajectory toward the next target of $152.

A recent technical analysis of XRP's long-term price chart is generating significant buzz in the crypto community, as the altcoin appears to be forming a familiar pattern that previously led to exponential gains. The chart, published by well-known cryptocurrency expert Javon Marks, suggests that XRP may be on the brink of a powerful price breakout, with expectations pointing to the price level of $21 and beyond.

Marks' analysis identifies two major symmetrical triangle formations in XRP's price history—one that preceded its explosive rally in 2017 and another that concluded with a new breakout in 2024. In the previous cycle, XRP surged thousands of percent after breaking out of its consolidation pattern, reaching the Fibonacci level of 2.272. This historic price movement is now being used to predict what may come next for the altcoin.

According to the chart, XRP recently rose to the Fibonacci level of 1.0 near $3.31 but retreated toward $2. If the current cycle mirrors the previous one, Marks predicts that the next significant level of interest is at the Fibonacci Extension level of 1.618, which aligns with the price target of $21. Notably, an increase to this double-digit territory would represent a rise of over 800% from current levels around $2.23.

However, Marks' optimistic projection does not stop there. If XRP replicates the total extension it made in the past, the price is forecasted to reach the Fibonacci level of 2.272 again, this time around an impressive $152. Although this prediction may seem exaggerated, the analyst has shown strong confidence in the future price outlook for XRP, using past price actions as a model and technical indicator to determine the altcoin's bullish potential.

Marks' forecast for XRP has been met with skepticism. On one hand, Marks' bullish price prediction for XRP has been received with enthusiasm, and on the other, most members of the crypto community have expressed doubts about the overly ambitious targets. The projection of a move to $21 and possibly even higher to $152 has been met with caution and skepticism among community members. While historical patterns may provide a roadmap for a potential price rally, critics who responded to Marks' analysis argue that reaching the three-digit territory is virtually impossible for XRP at this time. One member suggested that a more realistic target for the altcoin was between $13 and $20. Others questioned the feasibility of reaching these optimistic targets within the proposed timeline, debating whether this could happen by the end of 2025 or even in the first quarter of 2026.