XRP News Today: XRP Approaching Historic $2 Breakout After 4,383-Day Cycle

XRP is on the cusp of a significant technical milestone, with analyst Egrag Crypto highlighting the asset’s 4,383-day cycle and the approaching closure of a two-month candle above $2 [1]. This would be the first time in XRP’s history that such a closure has occurred, potentially signaling a new phase in its price structure.

Egrag’s analysis centers on the alignment of XRP’s current movement with long-term Fibonacci extension targets. These levels—$8 (1.272), $13 (1.414), and $27 (1.618)—have been consistent throughout his cycle framework, reinforcing the idea that the market is progressing along a predefined path [1]. The analyst emphasizes that the next six days are crucial for confirming the strength of the current rally.

The two-month chart shared by Egrag includes key Fibonacci markers at $2.27 (0.888) and $3.31 (1.000), illustrating the extended timeframe—72 bars or 4,383 days—over which XRP has developed [1]. This long-term context underscores the significance of the current event, framing it as more than just a short-term price movement.

Another report reiterates the importance of this moment, calling it a potential “historic breakout” for XRP after its 4,383-day cycle [2]. While this source does not delve into the same technical depth as Egrag, it aligns with the broader narrative that the asset is approaching a turning point.

Social media sentiment also reflects this anticipation, with QuantumCrypto0 pointing to the same six-day window as a key period for XRP’s price confirmation [3]. Analysts and observers are converging on the idea that the next few days could define the immediate trajectory of the asset.

A confirmed close above $2 would represent a structural shift for XRP, moving it away from previous bearish patterns and signaling renewed strength in its market structure [1]. Such a development could attract broader investor interest and influence sentiment across the cryptocurrency market.

As the countdown continues, all eyes are on XRP to see whether it can achieve this milestone and lay the groundwork for further price movement toward the outlined Fibonacci targets.

Source:

[1] Times Tabloid – XRP 4,383 Days of Perseverance: Here’s What Is Coming for XRP In 6 Days

(https://timestabloid.com/xrp-4383-days-of-perseverance-heres-what-is-coming-for-xrp-in-6-days/)

[2] The Tradable – XRP News Now Set for Historic Breakout After 4383 Days

(https://thetradable.com/crypto/xrp-news-now-set-for-historic-breakout-after-4383-days-targets-8-13-and-27-ahead-ig--a)

[3] X – Camille Brooks (@QuantumCrypto0)

(https://x.com/QuantumCrypto0)