$26 XRP Price Target Remains Technically Valid, | XRP News

The XRP month-to-month chart stays structurally constructive regardless of final week’s sharp pullback, in response to impartial technician Charting Guy (@ChartingGuy), who argues the asset is “NOT bearish in the slightest.” His newest one-month XRP/USD chart on Bitstamp, captured Oct. 14, exhibits price defending a main Fibonacci help cluster whereas repeatedly probing resistance on the prior all-time high.

XRP Bull Run To $26 Still Possible?

On the present month-to-month candle, XRP is trading at $2.4477 with 17 days and 10 hours left within the period after printing an open at $2.8467, high at $3.1037, and low at $1.5800, down 14.0% month-to-date. The rejection zone is exact: a horizontal line marks the 1.000 Fibonacci retracement at $3.3170, which aligns with the 2018 cycle peak and has capped the final a number of tops in 2025. Just beneath, the chart consists of a 0.888 retracement band (roughly $2.96) that has acted as near-term resistance during this three-month vary between roughly $2.10–$3.30.

Under price, confluence is building on the former breakout shelf from the 2021 surge. A lime-green box highlights the $1.60–$1.80 space, overlapping straight with the 0.786 retracement at $1.6125 and the highest of the 2021 congestion. This band caught final week’s deep wick to $1.58 and, in prior months, has served as a staging space for rebounds. The subsequent staircase of help beneath is marked by the 0.702 at $1.2149, the 0.618 at $0.9153, and the 0.500 at $0.6149, delineating a clear hierarchy ought to the market see additional volatility.

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The bullish extension framework in Charting Guy’s format is unambiguous. Above the all-time high at $3.3170, the chart plots successive Fibonacci enlargement targets at 1.272 = $8.2961, 1.414 = $13.3894, and 1.618 = $26.6304. Those ranges map a traditional measured-move pathway for a trend continuation as soon as price achieves a decisive, high-timeframe close by means of the prior peak. In different phrases, the cycle roadmap stays intact so long because the month-to-month construction continues to carry above the 0.786 stack and ultimately flips the ATH into help.

Market Structure Remains Supportive

The analyst {couples} that chart with a broader market learn. “So many [are] caught up in day-to-day price action,” he posted on X, including that TOTAL2, TOTAL3, and prime altcoins (ETH, XRP, SOL) every “have ONE more key fib to get over… their prior ATH. Once that happens with strength, altseason really gets going. BTC.D tanks & shitcoins finally catch a bid.” In his XRP view, that “one more key fib” is the $3.3170 threshold.

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Technically, the setup is binary and well-defined on the month-to-month timeframe: continued protection of $1.60–$1.80 retains the uptrend’s higher-low construction intact, whereas a sustained break and close above $3.3170 would affirm the following leg towards the extension grid at $8.30, $13.39, and—on the cycle’s formidable outer sure—the 1.618 marker close to $26.63. For now, XRP stays range-bound beneath ATH however supported by the identical zone that powered its final breakout, precisely as Charting Guy’s chart depicts.

At press time, XRP traded at $2.4655.

Featured image created with DALL.E, chart from TradingView.com