TLDR XRP holds a decade-long ascending channel, preserving its broader bullish structure. Elliott Wave and RSI signals suggest a momentum reset after a prolongedTLDR XRP holds a decade-long ascending channel, preserving its broader bullish structure. Elliott Wave and RSI signals suggest a momentum reset after a prolonged

XRP Price Prediction: Analysts Signal Macro Breakout Toward $270

3 min read

TLDR

  • XRP holds a decade-long ascending channel, preserving its broader bullish structure.
  • Elliott Wave and RSI signals suggest a momentum reset after a prolonged correction.
  • Fibonacci extensions align with historical expansion zones from prior cycles.
  • A 2017 fractal comparison projects potential long-term upside toward $270.

XRP price continues to attract attention as multiple analysts highlight structural signals that point to a potential long-term breakout. Despite ongoing consolidation, charts suggest XRP remains firmly within a broader bullish framework. Key technical levels and historical fractals suggest that the current compression may be setting the stage for an aggressive macro expansion if the structure continues to hold.

XRP Price Holds Decade-Long Ascending Channel

According to analyst EGRAG, XRP price remains anchored within a long-term ascending channel that has guided market structure for nearly ten years. The chart shows price consistently respecting the rising macro support trendline, even during periods of heightened volatility. This behavior indicates that corrections have been absorbed at progressively higher levels, preserving the broader bullish structure.

ImageSOURCE: X

More so, the mid-channel trendline continues to act as dynamic resistance. Historically, XRP price faced repeated rejections near this zone before consolidating and attempting higher expansions. Current interaction with this zone suggests a repetition of prior cycle behavior rather than structural failure. This symmetry supports the view that the macro outlook remains unchanged.

From a structural perspective, holding above the lower channel support limits downside risk. The ongoing compression within the channel reflects balance rather than exhaustion. According to this framework, sustained acceptance above the mid-channel could open a pathway toward the upper boundary over the coming cycle.

XRP Price Shows Momentum Reset as Wave Structure Develops

Meanwhile, according to Dark Defender, XRP price is transitioning out of a prolonged corrective phase. The chart combines Elliott Wave theory, Fibonacci extensions, and RSI behavior to outline a developing macro setup. Also, the structure suggests XRP is completing a Wave (4) correction, with conditions aligning for a potential impulsive Wave (5).

ImageSOURCE: X

A notable component of the analysis is the RSI, which recently entered oversold territory during the pullback. Historically, similar RSI conditions during macro consolidations preceded strong upside responses. This momentum reset implies downside pressure is stretched, favoring stabilization or recovery rather than continued decline.

In addition, Fibonacci projections highlight potential expansion zones once the corrective structure resolves. Extensions such as 161.8% and 261.8% align with historical expansion phases seen in prior cycles. While confirmation through price reclaim remains essential, the technical setup supports upside continuation rather than breakdown.

XRP Price Fractal Mirrors 2017 Accumulation Phase

Furthermore, XRP CAPTAIN’s monthly fractal comparison places the current XRP price structure alongside the 2017 bull cycle. The chart highlights a prolonged accumulation period near the lower range, followed by a vertical expansion. Although the current cycle has unfolded more slowly, the structural rhythm remains comparable.

ImageSOURCE: X

The extended consolidation suggests sustained supply absorption rather than distribution. Longer basing phases often precede stronger expansions, as weak hands exit and stronger holders accumulate. According to this comparison, time has been the primary variable, while structural behavior has remained consistent.

If the historical fractal continues to play out, the projection points toward a full macro expansion rather than a short-term move. The long-term target near $270 reflects an extrapolation of prior cycle dynamics, not immediate price expectations. While such levels remain conditional, the monthly structure reinforces the view that the XRP price is still positioned within an early-stage macro expansion framework.

The post XRP Price Prediction: Analysts Signal Macro Breakout Toward $270 appeared first on CoinCentral.

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