- XRP is targeting $20–$27 in the next bull phase, with “The Guardian Arch” acting as a potential upper resistance zone.
- A historical pattern suggests a possible 86% correction after peak, potentially bringing XRP back down to $3.00.
- While RSI signals mild bullish control, the MACD warns of lingering bearish momentum, suggesting mixed market signals.
XRP has shown renewed momentum, now trading around $2.26, up 1.8% in the past 24 hours. Analysts are paying attention to a specific technical structure dubbed “The Guardian Arch,” which appears to define a key resistance zone for XRP.
According to a chart published by EGRAG CRYPTO on TradingView, this curved white boundary—labeled as “The Guardian Arch”—may serve as the upper limit of XRP’s long-term bullish trajectory. It suggests that XRP could reach between $20 and $27 in the next bull phase, followed by a potential steep retracement. However, the recommendation remains clear: traders should take profit at multiple levels and not rely solely on a single price target.
XRP May Hit $27 Before Facing Sharp Correction
The chart includes a measured move projection that points to a price level of $20. In a more aggressive scenario, XRP could reach $27. However, historical analysis signals a cautionary outlook beyond that. Based on past bear market behavior, XRP could drop by as much as 86% after reaching peak levels.
If this scenario plays out again, a fall from $27 could bring XRP down to approximately $3.00, reflecting previous patterns seen in 2021. The warning comes with context; the purpose is not to discourage investors but to highlight price volatility and the importance of having an exit plan.
Mixed Signals for XRP: Bulls Hold Support, But Momentum Wavers
XRP is currently holding steady at a support level of $2.23, with resistance close by at $2.29. The token continues to trade within a tight range, and the 21-week exponential moving average (EMA) is acting as a key support line, helping to stabilize price action. On a broader scale, XRP appears to be following a bullish arc pattern—a formation that has historically aligned with major market tops and bottoms.
Looking at momentum indicators, the Relative Strength Index (RSI) stands at 62.75, suggesting neutral territory but with a slight tilt in favor of the bulls. This indicates buyers still have some control over the market direction. However, the Moving Average Convergence Divergence (MACD) provides a more cautious feeling. The MACD line appears below the signal line, suggesting that bear momentum may still be present even though there’s the overall bullish setup.
XRP Faces Upside Potential With Correction Risk
XRP’s current technical setup points to a possible surge toward $20–$27, guided by patterns like “The Guardian Arch.” However, historical data warns that such highs could be followed by a steep correction, potentially dropping the price back to $3. With indicators showing mixed momentum, the outlook remains uncertain.