$XRP .....
A well-known crypto analyst, ChartNerd (@ChartNerdTA), has released a long-term XRP/USD weekly chart that’s turning heads across the market. The analysis highlights a rare alignment of Fibonacci extensions and a developing Elliott Wave structure, pointing to a potential macro move that could carry XRP as high as $27.
Instead of focusing on short-term price noise, the chart zooms out to reveal a massive cup-and-handle pattern that has been forming over several years. XRP’s surge to its all-time high in July 2025 completed the cup, followed by a slow, controlled pullback throughout the rest of 2025 — forming the handle.
This consolidation phase wasn’t random. It closely matches a corrective phase in Elliott Wave theory, suggesting the market has been building energy rather than breaking down.
📊 Cup & Handle Confirms Wave 2 Completion
According to ChartNerd’s labeling, XRP already completed a macro Wave 1 impulsive move, then entered a deep but structured Wave 2 correction. The handle portion of the pattern aligns perfectly with this corrective phase.
During the pullback, XRP respected critical Fibonacci retracement levels, including:
61.8%
78.6%
A deeper retracement near 88.7% (~$1.84) is marked as the invalidation level. While price briefly dipped below it, XRP quickly reclaimed the zone — a strong sign of underlying demand.
Now, with price pressing toward the end of the handle, a confirmed breakout would likely mark the transition into Wave 3 — historically the most aggressive and explosive phase.
🔥 Wave 3 Targets: $5 → $13+
Using Fibonacci extensions from the previous impulse, ChartNerd maps out several Wave 3 upside targets:
161.8% extension → ~$5.59
261.8% extension → ~$7.17
Higher projection → ~$13.45
Notably, the chart shows minimal resistance between the breakout zone and these levels — suggesting that once momentum kicks in, XRP could move fast.
🎯 Final Macro Outlook: Wave 5 & the $27 Target
Looking beyond Wave 3, the analysis extends into Wave 5, where the real macro target emerges.
Fibonacci extensions between 161.8% and 261.8% project a final price range of $19 to $28, with $27 standing out as the key long-term objective.
Before that, Wave 4 is expected to bring healthy consolidation, with support zones marked around $4.15 to $6.14. Volatility is likely — but structurally, the trend would remain intact if price holds above those levels.
🧠 Bottom Line
If XRP breaks out of this long-term handle:
Wave 3 could ignite a rapid multi-x expansion
Double-digit prices come into focus
The $27 macro target becomes technically justified
Big structure. Big patience. Big potential. 🚀
