XRP Price Analysis: Targeting $27 After Decade-Long Breakout

After years of sideways trading and regulatory battles, XRP (Ripple) is back on traders' radar. The recent technical breakout from a multi-year symmetrical triangle has reignited bullish sentiment, with long-term Fibonacci levels suggesting XRP could rally into double-digit territory. Some analysts even point to a potential $27 target, which would mark one of the most powerful rallies in the coin's history.

Symmetrical Triangle Breakout on XRP

The ascending support trendline from 2018 lows remains intact, while the descending resistance line that capped price for years was finally breached in 2024–2025. Fibonacci extensions now project upside targets at $8.44, $13.62, and a stretch target at $27.10. This setup mirrors a similar pattern XRP displayed before its explosive rally in 2017, further fueling optimism among long-term holders.

Drivers Behind the Move

Several fundamental factors are supporting XRP's technical breakout. Legal clarity from Ripple's progress in U.S. court battles has lifted some regulatory uncertainty that hung over XRP for years. Meanwhile, growing institutional adoption through RippleNet for cross-border transactions is expanding XRP's real-world utility. The broader market cycle also plays a role, as renewed investor appetite for altcoins during bullish phases often triggers significant moves in established tokens like XRP.

Key Levels to Watch

The breakout above $0.65 confirmed the start of this new bullish phase. Long-term support around $0.25 remains critical for maintaining the uptrend. On the upside, the first major target sits at $8.44, followed by $13.62. If momentum persists through these levels, the long-term projection of $27+ comes into realistic consideration.

Path to Double Digits

XRP's breakout from a decade of consolidation has set the stage for what could be its most significant rally yet. With technicals pointing toward major Fibonacci extensions and fundamentals gradually improving, the long-term outlook appears increasingly bullish. If XRP can maintain momentum above key support levels and attract continued adoption, the ambitious $27 target may be more realistic than skeptics believe.