• XRP maintains a strong uptrend with higher highs and lows with $2.74 support.
• No resistance exists above the 2018 ATH, making Fib extensions crucial for projections.
• Key upside targets are $3.80, $4.10, and $4.47, guided by trend-based Fib extensions.

The native token of Ripple, XRP, has had a clear bullish trend since June and it continues to make higher highs and higher lows doubling its initial all-time high made in 2018. A technical analysis of charts shows that the trend would be maintained as far as the price stays above the pivotal support of $2.74. Market analysis shows that this is the support that will determine whether this bullish move will continue.

Rising Lows Signal Strong Market Structure

In April,  Virtual Bacon indicates that XRP recorded a low of $1.62 before setting a higher low of $1.92 in June. This shift established a sequence of rising lows, confirming the strength of the trend. 

Following the June low, the market formed another higher low around $2.74. This price now serves as the critical level that keeps the uptrend intact. As long as XRP trades above this threshold, the upward pattern remains consistent.

The sequence of higher highs complements this structure. After the June rebound, XRP climbed to a recent high near $3.67. The combination of rising highs and lows forms a strong technical foundation for continued movement within the trend.

No Historical Resistance Above Previous ATH

Unlike many assets, XRP has already surpassed its all-time high from 2018. Because no historical resistance exists above that peak, analysts turn to Fibonacci extensions to outline possible swing trade targets. This tool provides structured levels beyond existing price history, creating reference points for traders planning short-term positions.

To apply this method, Virtual Bacon reveals that the chart users typically select the June low at $1.92, align it with the $3.67 high, and connect it to the $2.73 retracement low. The extension projects new price zones that function as potential resistance levels during the next market advance.

Key Swing Targets Identified

Based on this Fibonacci structure, three extension levels appear. The 1.272 extension points to $3.80, while the 1.414 level indicates $4.10. A higher extension of 1.618 sets the next target at $4.47. These levels create the immediate roadmap for potential upside as long as $2.74 remains intact.

Price interactions at these levels can determine whether momentum continues or reverses. While upside potential remains open above the 2018 high, Fibonacci projections provide the nearest structured guidance for future price action.
XRP’s market structure since June reflects a textbook uptrend, with each retracement setting higher support. With no resistance levels above the historical peak, Fibonacci extensions now define the next targets. The critical support at $2.74 will determine whether the bullish momentum can sustain moves toward $3.80, $4.10, and $4.47 in the short-term horizon.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed