A prominent bullish analyst has applied Fibonacci division and cycle analysis to project new all-time high (ATH) targets for XRP at $8, $21, and $27, with a speculative peak potentially reaching $60. The analysis, shared on social media, is based on comparing previous market cycles where XRP peaked at different Fibonacci extension levels—around 3.0 in its first major cycle and near 1.618 in the second.
The model derives a midpoint near 2.30, translating to a projected Fibonacci zone between 2.236 and 2.414. When applied to XRP's current structure, this aligns with a price band of $21 to $27. The primary scenario places XRP in this range by August 2027, where multiple technical indicators, including trendline resistance and time-based projections, are expected to converge. A more conservative target points to $8 by early 2027, reflecting a retest of the 1.618 Fibonacci level.
Concurrently, other experts argue that XRP's current price near $1.40 is deeply undervalued. Bird, an XRP Ledger (XRPL) developer, stated plainly that "XRP is a $100+ token trading at $1.40," emphasizing its core utility in the global payments ecosystem and use by financial institutions for cross-border settlements. This sentiment is echoed by analyst Luke Suthers, who notes that while banks and institutions are accumulating XRP behind the scenes and Ripple is expanding its ecosystem, the price remains suppressed.
The analysis assumes XRP has established a long-term base near $0.87, around its 100-week exponential moving average, from which it is expected to build momentum. Despite the broader market pullback with Bitcoin below $70,000 and Ethereum just above $2,000, sentiments for an altcoin season and market rally remain strong among these analysts.
