XRP News Today: XRP Price Eyes $4.40 as Key Fibonacci Levels Near Breakout

A recent technical analysis by ChartNerd, a crypto market analyst, outlines a potential bullish scenario for XRP, suggesting that a rapid price move toward $4.40 could occur if specific technical conditions are met. The analysis, shared via a tweet on August 11, 2025, includes an annotated price chart illustrating key resistance levels and a projected Fibonacci-based price trajectory [1].

ChartNerd identifies an initial upward impulse in XRP’s price, followed by a corrective phase labeled A, B, and C, which brought the price down to a low near $2.72. The analyst notes that a subsequent price recovery and consolidation have set the stage for a renewed bullish impulse. The chart visually supports the idea that the current upward move could represent a continuation of the prior impulsive trend [1].

Central to the analysis is the 0.618 Fibonacci retracement level at approximately $3.2714, which ChartNerd emphasizes as a critical threshold. At the time the chart was captured, XRP was trading at around $3.2654, just below this level. A decisive break above $3.27, according to the analyst, would signal the potential for further upward movement [1].

Beyond the $3.27 level, the analyst points to a local high near $3.60 as a secondary confirmation level for bullish momentum. If both resistance levels are overcome, the price could extend to the 1.618 Fibonacci extension at approximately $4.4051. This target is presented as a conditional outcome, dependent on the fulfillment of these technical prerequisites [1].

The analysis frames the near-term outlook for XRP as contingent on these key levels being decisively breached. ChartNerd’s chart visually aligns these levels with a completed ABC correction and a possible continuation of the bullish trend. The analyst’s statement that the $4.40 level “will come with haste” if these conditions are met reflects an expectation of a swift price extension once the resistance is overcome [1].

According to the analyst’s forecast, the immediate focus for XRP traders should be on whether the price can break above $3.27 and then the local high near $3.60. If both thresholds are successfully cleared, the projected move toward $4.40 becomes more plausible. This scenario is presented as a rule-based technical analysis, based on Fibonacci levels and corrective structures [1].

The TimesTabloid article that shared ChartNerd’s analysis includes a disclaimer stating that the content is informational and should not be considered financial advice. Readers are urged to conduct their own research before making investment decisions. The views expressed in the article may reflect the author’s personal opinions and not necessarily those of TimesTabloid [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/)