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October 22, 2025Crypto Potato logoCrypto Potato

XRP Price Analysts Eye $8 Breakout but is it too Optimistic?

A shift in XRP’s long-term price structure is gaining attention as traders point to a clean breakout from multi-year technical ￰0￱ short-term price action remains volatile, recent activity on both charts and on-chain data shows larger players taking ￰1￱ Structure Holds With Fibonacci Targets in Sight Chart analysis shared by ChartNerd shows XRP breaking out of a multi-year symmetrical ￰2￱ move has been followed by a retest of the 3-month 10 EMA, a level being held as ￰3￱ chart shows price now moving above a long-term resistance zone that had capped previous rallies. $XRP is going to melt faces.. Symmetrical Triangle Breakout 3-Month 10 EMA Retest Gaussian Channel Upper Regression Stop, Entry, Target Formation FIB Extension Replication FIB Targets = $8 > $13 > $27 #NFA ￰4￱ — ChartNerd (@ChartNerdTA) October 21, 2025 Price is also positioned at the upper boundary of the Gaussian Channel, a level often associated with trend ￰5￱ extension levels plotted on the chart place potential price targets at $8, $13, and $27.

The chart also outlines a structured setup with a clear entry point and risk level below ascending trend support. Furthermore, analyst Egrag Crypto responded to bearish sentiment with the statement: “There isn’t one confirmed bearish signal on the chart.” The chart he posted shows XRP holding well above a long-standing ascending ￰6￱ support levels remain intact, with no break below structural trend lines or moving ￰7￱ action continues to respect higher time frame support zones, with consolidation taking place above the center of the trend ￰8￱ reversal signals have appeared on the chart.

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