XRP has continued to maintain support within an ascending triangle over the past eight years, with chart data pointing to new price targets.
Currently, XRP changes hands at $1.13, up more than 9% this month after opening at $1.0385. Since the start of July, it has reached a high of $1.1828 and a low of $1.0210.
While the strong monthly gain shows promise, a more impressive milestone is XRP’s ability to remain within a multi-year ascending triangle that has been developing since 2018.
Eight-Year Pattern Continues to Hold
Specifically, the monthly chart features an ascending triangle that has formed for about eight years. Notably, the lower trendline has continued to rise from the 2017 lows, connecting higher lows during the 2019 correction, the 2020 accumulation phase, and the 2022 bear market bottom.
Each new low formed above the previous one, showing that buyers have consistently entered the market at higher prices through several market cycles. This pattern suggests that long-term demand has remained strong.
Meanwhile, the upper trendline has acted as a flatter resistance level since the 2018 peak of around $3.3, stopping every major rally that followed.
XRP moved above this resistance during 2024 and climbed beyond $3.6 in July 2025 before pulling back into the triangle during the ongoing correction. Even amid the retreat, the current price of $1.1314 remains safely above the rising lower trendline.
XRP Fibonacci Levels Show the Next Key Price Zones
The Fibonacci retracement levels measure the move from $0.4094, which marks the 0 level, to $3.5733, representing the 1.0 level.
Based on this range, XRP currently trades between the 0.33 retracement at $0.8369 and the 0.618 retracement at $1.5620, placing the price in the lower part of the highlighted retracement area.
The $0.8369 level now serves as the main support that buyers need to defend. Holding above this level supports the view that the pullback from the 2024 breakout is a normal correction instead of a breakdown of the larger trend.
The next major resistance sits at $1.5620. A monthly close above that level would suggest that the correction may be coming to an end. Above it, the 0.786 Fibonacci level at $2.2477 and the 0.888 level at $2.8035 mark the next resistance zone.
$6.44 and $8.76 Become the Main Upside Targets
The 1.0 Fibonacci level at $3.5733 lines up with the upper resistance of the ascending triangle. This level rejected XRP during the 2018 market peak and also limited the 2024 breakout attempt.
A confirmed monthly close above $3.5733 would clear this long-standing resistance and shift attention to the next Fibonacci extension targets.
The first extension target stands at the 1.272 Fibonacci level of $6.4413, which represents the first major objective after a confirmed breakout above the triangle. Meanwhile, the next target appears at the 1.414 extension of $8.7614.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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