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XRP Eyes Potential $9.63 Target as Analysts Track Key Breakouts
Analyst projects XRP could rise 188% to $9.63, supported by a breakout and consolidation above major resistance.
Recent rebound from $3.1354 boosts short term targets toward $3.60, with $3.27 as a key breakout confirmation.
$2.20–$2.35 zone may act as the start for higher gains, similar to historical patterns from past XRP cycles.
XRP long term technical setup is gaining strength after a series of multi year breakout patterns emerged. Analysts now point to price action that resembles a past cycle, where XRP advanced from fractions of a cent to multi dollar highs
One projection suggests that the digital asset could climb toward $9.63 in a potential 188% increase from current levels. This expectation is from a clean breakout above key resistance and sustained consolidation within a narrow trading band.
Multi Year Triangle Breakout
According to Javon Marks, XRP has broken out from a symmetrical triangle pattern similar to one observed during the 2014–2017 cycle. In that earlier phase, prices moved from around $0.0065 to above $3.13 after prolonged compression
The current pattern, forming between 2018 and 2025, shows prices lifting above the $1.19905 resistance and stabilizing between $2.27 and $2.35. Historical measurements note key Fibonacci levels. The prior breakout extended toward the 1.618 level at $17.269 and reached as high as $133.713 at the 2.618 level
The 1.618 extension is near $8.6780, while the 2.618 extension reaches approximately $123.5278. Marks notes that the $1.20 breakout level now acts as firm support, and maintaining positions above $2.00 strengthens the case for higher targets.
Short Term Setup Targets $3.60 Resistance
Analyst Ali has also tracked recent price movements, noting a rebound from $3.1354, the 0.5 Fibonacci retracement level. This recovery pushed prices toward $3.2703, near the 0.786 Fibonacci retracement, and out of a descending channel formed in early August
XRP/USDT Perpetual Contract chart, Source: Ali on X
Sustaining above this zone could allow retests of $3.37, $3.51, and potentially $3.69, based on mapped extensions.
Failure to remain above $3.19 could invalidate the breakout, sending prices back toward $3.13 or $3.08. However, the latest breakout attempt shows increasing momentum, supporting the view that consolidation may be ending in favor of renewed upward movement.
Consolidation Zone Could Act as Support
The $2.20–$2.35 range is a consolidation zone with historical significance. In prior cycles, such phases preceded extended advances toward key Fibonacci targets. Analysts note that institutional inflows or changes in regulatory clarity could contribute to sustained momentum in the current cycle.
With XRP holding above multi year trendline resistance and near term support levels, market focus is on whether these breakout patterns will translate into the projected price targets.
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