XRP to $21.5? Expert Says the Start Signal for Big Rally Will Appear Soon

XRP is currently showing signs of entering a new growth phase. Crypto analyst CW (@CW8900) shared a chart that outlines a four-phase cycle, with the next surge expected to target Phase 4.

The proposed target is $21.5, corresponding to the Fibonacci 6.618 level. CW highlighted that the start signal for this rally will appear soon, suggesting a strong upward move is imminent.

Understanding the Four Phases

The chart divides XRP’s market history into four phases. Phase 1 captures initial rapid gains leading to an all-time high. Phase 2 shows consolidation and correction after the peak. Phase 3 represents extended sideways movement with gradually narrowing price ranges. Phase 4 is the breakout phase where XRP can move aggressively toward new highs.

According to CW, the next move aligns with the final Phase 4, signaling a substantial potential increase from current levels. The chart shows XRP in the later stages of Phase 4.

Its price has remained above the symmetrical triangle shown on the chart, and is preparing for another acceleration phase. The expected target of $21.5 aligns with Fibonacci extensions from previous waves, which provides a mathematically supported projection for the rally.

Volume patterns also indicate readiness for a move. Previous phases show volume spikes coinciding with price surges. Currently, volume is steady, suggesting accumulation and preparation for an accelerated upward trend. The momentum oscillator at the bottom of the chart confirms that XRP has room to increase before reaching overbought levels.

XRP Price Projections

CW explicitly identified two key price targets. TP 1 matches the all-time high of $3.65, confirming that surpassing this level is the first step. TP 2 aligns with the 6.618 Fibonacci extension, projecting $21.5 as the next major resistance level. If the digital asset follows the cycle pattern, it could move rapidly toward this target once the climb begins.

The chart also shows historical patterns repeating. Earlier cycles demonstrate that after prolonged consolidation, XRP experienced steep upward trends. CW’s analysis suggests the current structure mirrors those previous setups, making the $21.5 target a plausible outcome.

Timing and Market Behavior

CW emphasized that the start signal for the rally is imminent. While no exact date is provided, historical phase patterns indicate that price compression and consolidation typically precede accelerated growth.

The active structure of the chart signals confidence in a bullish continuation. XRP’s price behavior in the coming weeks will likely determine whether it confirms this pattern.

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 urged to do in-depth 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.

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