The XRP/USD weekly chart on Bitstamp exhibits a long-term symmetrical triangle breakout, a pattern that has been forming since the 2018 cycle top. This breakout signifies a major trend shift and an increased probability of higher price targets in the near future.

XRP/USD Technical Analysis – February 2025 — Source: TradingView

Key Technical Levels & Fibonacci Retracement

The chart highlights important Fibonacci retracement and extension levels:

0.786 Fib Level (~$1.61): XRP successfully broke this resistance, confirming bullish momentum.
1.0 Fib Level (~$3.31): The historical all-time high resistance, where XRP is currently consolidating.
1.618 Fib Extension (~$26.69): The theoretical long-term target if XRP follows a full breakout rally.

The breakout from the long-term symmetrical triangle has propelled XRP towards the $3.40 mark before seeing a pullback. This is a crucial retest level for the uptrend.

Volume and Market Sentiment

Volume Increase: A significant surge in volume accompanied the breakout, indicating strong market interest.
Correction Phase: XRP retraced to $1.61 before bouncing back, showing that this level serves as a critical support zone.
Market Sentiment: Given the pattern completion and Fibonacci extension levels, traders are likely optimistic about a continued uptrend.

Social Sentiment

Recent analyses indicate a positive social sentiment surrounding XRP. For instance, the Ripple Fear and Greed Index, which aggregates data from various indicators, currently reflects a state of “Greed,” suggesting that investors are exhibiting strong confidence in XRP’s prospects.

Additionally, social media activity has shown a bullish sentiment for XRP, as indicated by positive emojis and the hashtag #XRP. This could suggest an increase in investor interest and potential price movement.

In summary, the prevailing positive sentiment, coupled with recent price movements, suggests that XRP may be poised for further gains. However, as always, it’s essential to conduct thorough research and consider potential risks before making investment decisions.

XRP Price Prediction and Trading Strategy

Bullish Case 📈

If XRP maintains support at $1.61 and breaks $3.31 resistance, it could target $7.00 – $10.00 in the next impulse wave.
If the market enters a full bull cycle, XRP could reach $26.69 (Fib 1.618) as an extreme target.

Bearish Case 📉

Failure to hold $1.61 could push XRP back to the $0.80-$1.00 range.
Losing $0.80 would invalidate the bullish breakout and send XRP back into the long-term triangle consolidation.

Trading Tips & Risk Management

Entry Point: Look for a retest of $1.61 – $2.40 for a potential long position.
Take Profit Targets:
- Short-term: $3.40 – $5.00
- Medium-term: $7.00 – $10.00
- Long-term: $26.69 (if the market enters a parabolic phase).
Stop-Loss Placement: Below $1.50 to limit downside risk.

Final Thoughts – “XRP to the Moon or Back to Earth?” 🚀

XRP has finally broken out of its multi-year consolidation, making it one of the most exciting altcoins to watch. However, maintaining key support levels is essential for continuation. If bullish momentum persists, XRP could see a massive price surge, but caution is advised in case of a deeper correction.

💡 Pro Tip: “Trade the trend, but don’t FOMO—opportunities come to those who wait for confirmation!”

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Roman B.

I have 6 years of writing experience on several leading websites dealing with cryptocurrencies and other investments. I have been in the Web3 sector for a similar amount of time and have collaborated on several projects from NFT to P2E. My previous experiences: Business2Community.com, TradingPlatforms.com, CryptoSvet.