XRP Targets Double-Digit Zone As Symmetrical Triangle Breakout Repeats 2017 Setup

The monthly chart of XRP affirms that it has broken out of a symmetrical triangle structure just like it had in 2017.

There are Fibonacci extensions of possible upside value of $8, $13 and $27 which concurs with the past cycle history.

The support is at present at about 2.53 and the resistance at 2.65 which indicates that it is now tightly equated before a potential continuation.

XRP has been able to maintain interest in the market following a multi-year symmetric triangle pattern scheme on its monthly chart. The present setup is a reflection of the 2017 technical arrangement which caused a sharp upward movement, which touched all Fibonacci extensions at the time

The latest breakout at the end of 2025 is a sign that XRP might be in another period of massive growth. The current value of XRP stands at $2.65, and it is up 12.0 percent in the last one week and has a consistent resilience against Bitcoin as it is up by 3.6 percent at 0.00002359 BT

Breakout Pattern Resembles Previous Cycle Impulse

In 2017, XRP broke through a symmetrical triangle, sparking a rapid move that fulfilled all Fibonacci targets before consolidation. The same chart formation has now reappeared, signaling another potential cycle continuation. Technical analysis highlights a clear “break for impulse” as XRP moves beyond long-term resistance lines that capped its price action for years.

Notably, analysts point to the breakout as a reflection of increasing bullish momentum across major timeframes. The structure shows XRP maintaining strong ascending support, suggesting that buyers remain active near lower zones. The similarity between both cycles strengthens expectations that Fibonacci extensions could again define future price objectives.

Fibonacci Levels Indicate Clear Upside Zones

Current Fibonacci projections provide a framework for the next major price targets. The 1.272 level stands at $8, while the 1.414 extension sits at $13. The upper 1.618 target reaches $27, representing the farthest projected zone in this cycle. These levels mark key resistance points where traders may anticipate reactions once XRP’s upward trajectory accelerates.

At present, the chart shows XRP consolidating above its $2.53 support, with minor resistance located at $2.65. This narrow range suggests controlled accumulation before a potential impulse phase. However, any reversal below the established stop level would invalidate the pattern, emphasizing the importance of maintaining structural strength around current supports.

Market Implications and Trend Outlook

XRP’s technical posture indicates growing alignment between historical and current market cycles. The symmetrical triangle breakout along with untested Fibonacci extensions higher forms a clear blueprint of future price movement. Momentum indicators are agreeing with the ongoing phase of accumulation, implying a possible move into the realms of higher valuations if liquidity picks up.

The broader setup is a signal of a more developed market setup rather than transient volatility. As XRP remains resilient above the established level of breakout, attention is turned to the upper Fibonacci levels that would dictate its price action in the long run. All technical confirmations ensure the authenticity of the pattern, placing the digital currency at a critical juncture leading into the subsequent market phase.

XRP0.61%
BTC1.79%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)