Crypto analyst ChartNerd (@ChartNerdTA) recently shared a chart suggesting a significant potential rally for XRP. The chart shows XRP completing a prolonged accumulation phase, forming a triangular pattern with clear support and resistance levels. Historical price action indicates that once this structure completes, XRP could experience a sharp upward move.
Based on this analysis, ChartNerd described a move to $27 as inevitable. The chart shows a clear breakout from a previous consolidation phase, marked by three points labeled A, B, and C. This structure followed a multi-year compressing price range before the breakout occurred.
After the breakout, XRP established a new consolidation zone and has now begun forming the 3-wave ABC pattern. This zone appears to be preparing for the next upward trajectory.
📣 $XRP to $27 isn't impossible, its inevitable. Many just dont see through the smoke 💨 pic.twitter.com/FXxx5PQS0R
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) January 24, 2026
Fibonacci Levels and Price Targets
Fibonacci extension levels on the chart identify key target zones for XRP’s potential move. The first major extension is at $8.35 (Fib. 1.272), followed by $13.52 (Fib. 1.414), and the highest at $27.05 (Fib. 1.618). The historical comparison shows a similar breakout pattern that occurred in 2017.
These extension levels pushed the asset to its previous peak in early 2018, and ChartNerd expects the same pattern on a much larger scale. The chart suggests that a repeat of this structure could generate a comparable percentage gain in the coming years.
Moving Average Support
The chart also includes a short-term moving average, which has consistently acted as support following breakouts. This trend line indicates that price corrections during consolidation phases are likely to find support near the moving average. Traders can observe this as a reference for potential entry points during minor pullbacks.
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Historical Precedent for Momentum
The prior breakout example from 2017 reinforces the concept that XRP often consolidates extensively before making aggressive moves. The current setup mirrors that period, suggesting a similar acceleration. ChartNerd’s analysis points to this repeating pattern, showing that historical price behavior can provide insight into future movements.
The chart and analysis indicate that XRP is positioned for a significant upward move, with a target as high as $27. Historical breakout patterns, Fibonacci extension levels, and more indicators all align to show that XRP’s consolidation is ending. If ChartNerd’s analysis is right, XRP could reach a new all-time high sooner than many expect.
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 advised to conduct thorough 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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