XRP News Today: XRP Eyes $4.40 Surge If Key Fibonacci Levels Broken

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 12:15 pm ET1min read
Aime RobotAime Summary

- Crypto analyst ChartNerd predicts XRP could surge to $4.40 if key Fibonacci resistance levels at $3.27 and $3.60 are breached.

- The analysis identifies a bullish continuation pattern after an ABC correction, with $3.27 as critical initial resistance.

- A successful breakout above $3.60 would validate the upward trend, potentially triggering rapid price extension to $4.40.

- The forecast depends on decisive momentum from current consolidation, using technical indicators rather than financial advice.

- ChartNerd's rule-based approach outlines a clear roadmap for XRP traders targeting Fibonacci projection levels.

Crypto analyst ChartNerd has outlined a technical scenario suggesting that

could rapidly surge to $4.40 if key Fibonacci resistance levels are overcome. In a recent post on social media, the analyst shared an annotated price chart indicating that a break above $3.27 and a subsequent move past the local high near $3.60 could trigger a swift rally to $4.40 [1]. The analysis is based on a pattern that includes an initial upward impulse, followed by an ABC correction, and a potential bullish continuation [1].

ChartNerd emphasized the importance of the 0.618 Fibonacci retracement level at approximately $3.2714, which the analyst identified as a critical resistance point. The current price, as shown in the chart, was noted to be just below that level at $3.2654 [1]. If XRP can clear this level, it could signal a stronger bullish momentum toward the next key thresholds.

Beyond $3.27, the analyst highlighted a local high near $3.60 as a secondary target that would further confirm the bullish trend. ChartNerd also pointed to the Fibonacci 1.0 level at $3.6652, which closely aligns with the $3.60 reference. These levels are seen as essential for validating the continuation of the upward movement [1].

According to the analysis, if both the $3.27 resistance and the $3.60 level are breached, XRP could extend higher toward the 1.618 Fibonacci projection at approximately $4.4051. The analyst described this potential move as one that would occur “with haste,” indicating a rapid price extension once the necessary conditions are met [1]. The forecast is conditional and dependent on a decisive breakout from the current consolidation phase.

ChartNerd's chart visually connects these technical levels to a completed ABC correction pattern, suggesting that a successful retest of the $3.27 level could validate the broader bullish continuation. The analyst's approach is rule-based and clearly outlined, making it a technical roadmap for potential XRP traders [1].

It is important to note that this analysis is based on the analyst's interpretation of price action and Fibonacci levels. While it provides a structured outlook, it should not be taken as financial advice. As highlighted in the original article, readers are urged to conduct their own research before making investment decisions [1].

Source: [1] Analyst Expects $4.40 XRP Price to Come In Haste. Here’s Why (https://timestabloid.com/analyst-expects-4-40-xrp-price-to-come-in-haste-heres-why/)