technical analysis XRP price action The 3-week candlestick timeframe chart shows that the cryptocurrency is heading in exactly that direction. double digit Set thresholds based on long-term structure.
This analysis, shared on social media platform X along with multi-year charts, shows that XRP trading is in a situation called Phase 4. Central to this setup is the clear technical goal of breaking above all-time highs and rising to at least $21.5.
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Gradual XRP price fluctuations
Technical analysis of XRP price trends It shows that cryptocurrencies have been trading in a series of four phases for over a decade. As the basis for XRP's initial rise to a price peak, a complete sequence of four phases unfolded from mid-2013 to mid-2017. A second set of four phases has since been developed and follows a similar pattern.
XRP transitioned into a new Phase 1 and Phase 2 sequence, resulting in a 2018 peak in Phase 1 and a decline in Phase 2 from 2018 to 2020. This was followed by an unusually long P3 that lasted from 2019 to mid-2024 and is seen on the chart as a broad multi-year consolidation with a converging trendline of falling highs and rising lows. During this time, XRP price movements were trapped within a compressed structure, similar to the behavior seen in Phase 3 of the first cycle.
XRP price chart. Source: @amonyx On X
Phase 4 return: XRP hits double digits
According to technical analysis, Phase 4 will begin in 2025 and XRP will eventually break out of the compression range in mid-2024. This breakout was the same structural change seen in mid-2017 when XRP went out of consolidation and entered expansion.
Phase 4 has already been underway for several months and includes the period during which XRP is introduced. reached an all-time high in In mid-2025, it finally peaked at $3.65 in July. However, since that peak, XRP's price has continued to fluctuate. corrective downward trend As of this writing, it's down about 48%.
Despite the ongoing correction, XRP is still in Phase 4 and predicted to break out. It will soon reach an all-time high. This indicates that Phase 4 is possible. unfold over a long period of time It's not a single impulsive movement. The current all-time high of $3.65 is the first major technical hurdle, and breaking it would serve as confirmation that XRP is returning to the price discovery stage.
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Based on this technical analysis, the historical extension rate from the previous cycle is applied to measure the 6.618 Fibonacci extension from the Phase 3 support low. This indicates an expected price level around $21.5. At the time of this writing, XRP is trading at $1.89, and a rise to that level would represent an increase of approximately 1,040% from the current price.
Featured images from Pexels, charts from TradingView
