$XRP continues to exhibit strong bullish momentum, climbing over 28% in the past three months and maintaining a position above key breakout levels. With technical structure intact and buying pressure intensifying, analysts are now eyeing the $9.63 target—representing the next major Fibonacci extension from XRP’s recent breakout.
Steady Growth Amid Renewed Market Confidence
XRP is currently trading at $2.63, having rebounded from a local low of $1.95 on June 22. Over the past 30 days, the token has gained 13.7%, including 18.4% in the last seven days and an additional 8.2% in the last 24 hours. This marks a clear shift in momentum, showcasing robust market interest and strong hands absorbing every dip.
The breakout above the multi-year symmetrical triangle at $1.19 was not only decisive but highly reminiscent of the technical structure that preceded XRP’s surge from fractions of a cent to over $3 in 2017. The ascending pattern of higher lows formed between 2021 and 2024 provided a solid base, and the recent breakout confirms a resumption of bullish control.
Technical Structure Remains Strong
Following its breakout, XRP has been consolidating within a narrow range between $2.55 and $2.89. Importantly, what was previously resistance now acts as firm support—an encouraging sign of a sustainable uptrend. Volume levels have remained consistently high, indicating continued investor participation and confidence.
Every minor pullback is being met with aggressive buying, suggesting that market participants expect higher levels. This kind of price action is typical in the early stages of a major move, where conviction is high and liquidity supports upside continuation.
Fibonacci Extensions Highlight Clear Price Targets
From a technical perspective, the $9.63 price level stands out as a critical upside target. It represents the 1.618 Fibonacci extension of the recent move—an area historically respected in previous XRP rallies. Should XRP surpass the $3 psychological and technical threshold, this target becomes increasingly probable.
Beyond that, the 2.618 Fibonacci extension at $23.53 is also in view. While ambitious, this level aligns with previous cycle behavior and remains a part of the long-term bullish scenario that seasoned traders are monitoring closely.
Conclusion: Momentum Aligns With Market Structure
XRP stands out in the current market cycle as one of the few large-cap digital assets maintaining a clear and intact bullish structure. Volume is stable, investor sentiment is positive, and technical indicators are aligned for a continued upward trajectory.
The question now is not whether XRP will move—it’s when. As it continues to build strength above major support and targets higher extensions, long-term holders may finally be witnessing the breakout they’ve anticipated for years.
