XRP is approaching a critical phase, guided by technical levels that have held significance for years. Crypto analyst ChartNerd (@ChartNerdTA) recently shared a chart highlighting Fibonacci extension targets derived from the 2020 low and 2018 peak. These levels, which he has tracked for 5 years, provide a structured view of potential price movement. Long-Term Fibonacci Targets ChartNerd identified extension levels at $8.48, $13.72, and $27.40, matching 127.2%, 141.4%, and 161.8% Fibonacci extensions measured from the 2020 low up to the 2018 peak. In his video, he explained that these are the specific Fibonacci targets he has been tracking consistently for the past four to five years, noting $8, $13, and $27 as the main levels of interest. These levels align closely with projections from major financial institutions. Standard Chartered, for instance, has set targets at $7, $12.60, $19, and $28 . ChartNerd notes the near overlap: “All of those targets align with the Fibonacci extensions, or very, very close, less than a dollar shy between all of the targets, right?” While he acknowledges that these projections do not guarantee future outcomes, the alignment reinforces the significance of the identified levels. For 5 years, my conviction in $XRP has been anchored by 3 specific targets: $8/$13 and $27 these weren’t "Magic Hat" predictions they were derived from Disciplined Analysis of Historical Data and Market Cycles. Conviction? I could wait another 5. Trust the process https://t.co/s3kRzNL50t pic.twitter.com/YWcioPxOcs — ChartNerd (@ChartNerdTA) February 17, 2026 Historical Patterns and Market Cycles The chart illustrates XRP’s price consolidating within a symmetrical triangle pattern since 2020. Price compression and lower volatility have preceded the breakouts observed in prior cycles. In late 2024, XRP experienced a notable breakout. It climbed by 500% and settled above the symmetrical triangle. The asset is now testing the upper boundary of this triangle, and ChartNerd expects a breakout to follow. He emphasized that these extension levels are not arbitrary. XRP respected these levels during the last cycle, and he expects the asset to meet them again. The current trading price, around $1.46, sits near the midpoint of the consolidation zone . This position offers a reference point for potential upward movement toward the long-term Fibonacci extensions. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What Comes Next? ChartNerd’s analysis frames XRP’s potential trajectory within a disciplined, data-driven context. Investors may monitor the $8, $13, and $27 targets as benchmarks for market behavior over the next several years. The convergence of independent institutional forecasts with historical Fibonacci levels strengthens confidence in these reference points. The analysis also highlights the importance of patience and observation. ChartNerd’s conviction has remained steady over 5 years, demonstrating a methodical approach to market cycles. He stated that he’s ready to wait 5 more years for XRP, and urged investors to trust the process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst: My Conviction In XRP Is Anchored By $8, $13 and $27 appeared first on Times Tabloid .
