XRP Eyes Breakout: Fibonacci Levels and SEC Decision in Focus

• XRP’s 21-day EMA has provided strong support, even during market volatility.  
• Fib intersection analysis suggests a price breakout, with $8, $13, and $27 as key targets.  
• Potential 10X surge by 2025 if Fibonacci extensions hold true. 

XRP’s technical indicators strongly suggest a massive rally soon with the 21-day exponential moving average (EMA) on the weekly chart proving itself as solid support during recent market dips. 

Analysts are now suggesting that this could set the stage for an explosive breakout, lining up with Fibonacci projections of a poential 10X surge in 2025.

Currently, XRP is consolidating between the Fib range of 0.888 and 1.0—or $2.25 to $3.30. This sideways movement could be a sign of building momentum. 

Traders note this to be of significance as past trends show that when XRP holds these levels, it often leads to a parabolic move. The question is—can XRP replicate past performance and push beyond its previous all-time highs?

Fibonacci Price Targets Timeline  

According to Fibonacci intersection analysis, XRP’s projected price targets and timelines are as follows:  

• $8 by March 2025 (Fib 1.272 + Channel 0.888) — A potential 3X rally rally from current levels.  
• $13 by September 2025 (Fib 1.414 + Channel 1.0) — A possible 5X surge, testing new resistance.  
• $27 by June 2026 (Fib 1.618 + Channel 1.272) — A projected 10X breakout, a new all-time high.

While XRP’s technical indicators are flashing signs of an upcoming breakout, fundamental factors could further fuel price momentum. 

Related: XRP Tops Crypto Poll for Best Tech as SEC Review Bullish Charts Fuel Price Target Talk

SEC Meeting on Feb 20 Ripple’s Case

Investors will be keeping a close watch on the SEC’s closed meeting on February 20. Word is, discussions on ongoing SEC vs. crypto cases, including Ripple’s case, are on the agenda.

The SEC has stayed in the news ever since Mark T. Uyeda became the acting chairman. And, rumors swirl that the regulator might back down from its appeal against Ripple. 

Notably, the lack of any fraud charges in Ripple’s case really weakens the regulator’s position, making an early settlement more likely.

Related: XRP Braces for SEC Meeting—Policy Shift, Appeal Fate Price Reaction in the Balance

A positive outcome, like the SEC dropping the appeal or clearly signaling regulatory clarity, could inject bullish energy into XRP. This could, in turn, speed up XRP’s journey toward its projected price targets and boost investor confidence in its long-term potential.

The potential for a multi-fold increase on XRP price now depends on market sentiment, legal clarity, and further institutional adoption.