Crypto Analyst Maps Out The XRP Price Roadmap From $3 To $27

XRP's price is consolidating between $2.30 and $2.50 amidst a relatively steady crypto market. Crypto analyst ChartNerd suggests XRP could experience a massive breakout towards a long-term target above $27. This analysis is based on XRP's completion of a multi-year symmetrical triangle breakout pattern. The breakout occurs above a long-term ascending support line dating back to 2017. XRP broke above a resistance block from previous bull runs and retested it successfully. The successful retest of the 3-month 10 EMA during a flash crash validates the recent breakout. XRP has also reclaimed the Gaussian Channel upper regression line, indicating strong bullish momentum. ChartNerd's Fibonacci extension roadmap identifies targets at $8.47, $13.78, and $27.70. This projection represents a potential replication of XRP's 2017 bull run, scaled to its current structure. XRP is currently trading at $2.44, reflecting a 1.4% increase in the last 24 hours.