$XRP
XRP Repeats 2017 Breakout Pattern, Fibonacci Target Points Toward $123
XRP repeats 2017 breakout pattern, aiming for a 2.618 Fib target near $123
Analysts track pennant breakout and rising volume as XRP trades above $2.41.
Fibonacci cycles suggest XRP could rise to $4.85, $6.22, $27, or even over $120.
$XRP is trading around $2.41, showing strength after rebounding from recent lows. Analysts are now focusing on a key historical pattern. In 2017, XRP broke out from a pennant formation and surged beyond its 2.618 Fibonacci extension at $2.1331. A similar breakout occurred in late 2024, potentially setting the stage for a much larger move.