Technical Convergence Puts XRP Profit Target Between $8.43 And $13.58

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Crypto analyst Bobby A has printed a four-panel roadmap that ties collectively Bitcoin dominance, US small-caps, XRP’s month-to-month worth construction, and XRP’s complete market capitalization. The overlapping alerts, he argues, determine a well-defined take-profit band for XRP between roughly $8.43 and $13.58. “Four charts to rule all of them,” he wrote, including that the market is “clearly positioning itself for larger costs.”

Four Charts Signal XRP $8.43–$13.58 Peak

On the XRP/USD month-to-month chart, Bobby plots a multi-month consolidation which is constructed above “Base Camp 1” and, extra not too long ago, above “Base Camp 2.” The construction sits on prime of a sequence of upper lows marked on the chart, with the consolidation creating after worth reclaimed long-term moving-average clusters and the higher Bollinger band expanded.

XRP worth evaluation | Source: X @Bobby_1111888

The Fibonacci extension grid anchored to the prior cycle reveals 1.618 at roughly $5.26, 2.618 at about $8.43, 3.618 close to $11.66, and 4.236 at roughly $13.58. Bobby labels the $8.43–$13.58 span because the “Take Profit Zone,” aligning it with the two.618–4.236 extensions that capped earlier euphoric runs on the identical timeframe.

Beneath the candles, the month-to-month momentum suite is popping larger: the RSI sits in a optimistic regime “making ready to provoke one closing transfer towards overbought territory,” whereas stochastic and MACD traces have curled up from mid-range, in line with development continuation reasonably than exhaustion.

That price-based roadmap is cross-checked in opposition to XRP’s complete market capitalization on the weekly timeframe. Here, Bobby highlights “worth acceptance above the 2018 peak surrounded by skepticism and uncertainty” and annotates “over 300 days consolidating above 2018 highs.”

Crypto market cap
Crypto market cap | Source: X @Bobby_1111888

The Fibonacci projection on market cap locations the 1.618 extension close to ~$210.7 billion, with a boxed “Take Profit Zone” parked slightly below the final word extension band and an overhead dashed information round ~$13.00 that visually rhymes with the 4.236 worth extension on the USD chart. The message of this pane is much less about day-to-day candles and extra about location: a prolonged basing and re-accumulation section above a historic ceiling, which converts that ceiling into assist and units up measured-move targets.

Macro threat urge for food is addressed within the third panel by way of the iShares Russell 2000 ETF (IWM) on the month-to-month chart. “IWM 1M is firing on all cylinders, and new ATHs are inbound no matter any short-term noise,” Bobby writes.

iShares Russell 2000 ETF
iShares Russell 2000 ETF | Source: X @Bobby_1111888

The chart reveals a powerful bullish candle reclaiming the 0.786–0.886 retracement space and urgent again into the prior vary prime round $244–$252. Upside Fibonacci targets are mapped at 1.272 ~$267.1, 1.414 ~$278.9, and 1.618 ~$296.8. The RSI, stochastic oscillator, and MACD on this timeframe are all pointed larger, with Bobby calling the breakout candle “very telling,” the sort of multi-indicator alignment he says “happens only some occasions per decade.” The implication is {that a} risk-on tone in US small-caps traditionally pairs nicely with liquidity rotating into higher-beta crypto segments.

The closing piece is Bitcoin dominance (BTC.D) on the weekly chart. Bobby’s retracement panel measures the advance from ~38.9% to ~66.1% share and now reveals BTC.D slipping beneath the 23.6% line (~59.7%) and hovering close to the 38.2% (~55.5%).

Notably, the BTC.D slipped beneath an ascending channel. Based on that, he attracts a downward arrow towards the 50% stage (~52.3%) after which into the 61.8% retracement (~49.1%), with a goal rectangle within the mid-to-low-40s bracketed by the 78.6% (~45.9%) and 88.6% (~43.2%) ranges.

Bitcoin dominance
Bitcoin dominance | Source: X @Bobby_1111888

“BTC.D will inevitably provoke a transfer towards the mid to low 40% zone,” he writes. A decline in dominance of that magnitude sometimes coincides with capital rotating from Bitcoin into large-cap altcoins—exactly the regime through which XRP has traditionally captured outsized relative efficiency.

At press time, XRP traded at $2.84.

XRP price
XRP worth, 1-day chart | Source: XRPUSDT on TradingView.com

Featured picture created with DALL.E, chart from TradingView.com



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