Expert: Next Move for XRP Should Push Us Into Double-Digit Prices

XRP continues to attract renewed attention as traders monitor its long-term structure for signs of a decisive breakout. After an extended consolidation phase, market participants increasingly focus on whether current price compression will resolve into a larger impulsive move. Technical observers argue that XRP now sits at a critical inflection point where momentum could accelerate rapidly once resistance levels are broken.

XRPL developer Bird recently shared a bullish projection in a post on X, stating that XRP’s next major move could push it into double-digit territory. He further highlighted a longer-term scenario where the asset could extend toward $27, a level frequently referenced by analysts using Fibonacci extensions and cycle-based technical frameworks.

Long-Term Structure Signals Compression Before Expansion

Market technicians often interpret XRP’s multi-year price behavior through Elliott Wave theory and logarithmic chart structures. Within this framework, assets typically move through alternating corrective and impulsive phases, with the final impulse wave often producing the strongest price expansion.

Bird’s outlook aligns with this structure. He suggests that XRP may currently sit within a late-stage consolidation zone that often precedes breakout conditions. Analysts tracking similar formations point to symmetrical triangle patterns and long-term compression zones that historically resolve into sharp directional moves once liquidity returns to the market.

XRP’s positioning near the $1.32 range serves as a potential structural base in this projection. Traders watching this zone view it as a critical level where accumulation and momentum-building may determine the strength of any upcoming breakout.

Fibonacci Extensions Define Higher Targets

Technical analysts frequently apply Fibonacci extension levels to estimate potential cycle peaks in high-volatility assets. The $27 target referenced in Bird’s projection aligns with these methodologies, particularly when mapped against previous XRP market cycles and broader crypto expansion phases.

These models do not guarantee outcomes, but they help frame expectations during speculative bull cycles. In past market surges, XRP has demonstrated the capacity for rapid percentage gains once structural resistance levels break and liquidity conditions align with broader risk-on sentiment.

Broader Market Conditions Remain Key

XRP’s ability to reach higher price targets depends heavily on external market forces. Macroeconomic liquidity, regulatory clarity, and institutional participation continue to shape the broader digital asset landscape.

Bitcoin’s performance also plays a central role in determining altcoin momentum. Historically, XRP and similar assets tend to accelerate later in bull cycles, once capital rotates from large-cap assets into higher-beta tokens. If this pattern repeats, XRP’s most aggressive moves may occur after broader market confirmation.

A High-Conviction Technical Scenario

Bird’s forecast reflects a structured technical outlook rather than a guaranteed trajectory. The path toward double-digit prices requires sustained breakout momentum, strong volume expansion, and favorable macro conditions across the crypto market.

Still, XRP’s long-term chart structure continues to attract analysts who anticipate a major impulse phase. If current compression resolves upward, the asset could enter one of its most significant expansion cycles in years, with Fibonacci-based projections such as $27 serving as key reference points for long-term market expectations.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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