Hello, Binance community.
The market of $XRP is at a fascinating inflection point. After a recent correction from $2.66, the price has stabilized around $2.58 (as of October 29, 2025). While retail sentiment seems flooded with FUD (fear, uncertainty, and doubt), a deep technical analysis using Fibonacci Patterns reveals a very different story, one of accumulation and explosive bullish potential.
Let's break down the key levels that every XRP trader should watch.
📈 The Current Pullback: A Healthy Correction?
To understand where we are going, we must first see where we are. Applying Fibonacci retracements to the range of the last 24 hours (high $2.6630, low $2.5271), we see a clear picture:
Immediate Support: The price is bouncing cleanly off the 23.6% Fib level ($2.561).
Battle Zone: Current consolidation occurs right at the 38.2% Fib ($2.583).
Zooming out to the weekly chart (range $2.37 - $2.69), the most critical support is found at the 50% Fib, around $2.53. This level almost perfectly coincides with the 24-hour low ($2.5271) and has acted as a strong absorption zone.
As long as XRP remains above this level, the bullish structure of higher lows remains intact.
🎯 The Key Level: $2.65, the Trigger for the Breakout
The level that separates consolidation from expansion is $2.65.
A decisive and sustained break above this resistance (which also aligns with the MA(99) on higher timeframes) would activate the Fibonacci Extensions, giving us our bullish price targets.
🚀 Projections: How High Can XRP Fly?
If $2.65 breaks, fractal patterns and Fibonacci extensions suggest the following targets:
Short-Term Target (1.618 Fib): ~$2.92, aligning with the psychological target of $3.00.
Medium-Term Target (Global Fractal): Broader analyses dating back to the 2025 lows point to a move towards $4.77 - $5.49.
Long-Term Target (Speculative): Driven by fundamental catalysts (like ETFs and institutional adoption), long-term fractals suggest targets of $9.90, $27, and even $100 in the coming years.
🐳 On-Chain Confirmation: Whales vs. Retail
This is where the story gets interesting. Technical indicators support this bullish potential:
MACD: Although negative, the histogram shows decreasing red bars, indicating that bearish momentum is waning and a bullish crossover could be imminent.
RSI: The RSI has cooled from overbought levels (70) to neutral zones (46-60), representing a healthy "reset" before the next impulse.
Sentiment: Don't be fooled by the retail FUD (reported as 95% bearish). On-chain data shows whale accumulation (balance on exchanges -3.36%) and negative funding rates. This suggests that shorts are being "reset," setting the perfect stage for an upward short squeeze.
Conclusion and Risk Management
XRP is in a critical Fibonacci support zone. The bullish narrative is based on consolidation above $2.53 and strong institutional accumulation absorbing panic selling.
The Bullish Plan: Monitor a breakout above $2.65 to confirm targets of $3.00 and $4.77.
The Bearish Risk: The bullish scenario would be invalidated in the short term if the price decisively breaks the key support of 61.8% weekly Fib, at $2.45 - $2.50. A break there could lead to a deeper correction.
Keep your charts ready and manage your risk.
Disclaimer: This article is based on technical and speculative analysis. It does not constitute financial advice. The cryptocurrency market is extremely volatile. Please do your own research (DYOR) before making any investment decisions.
