Analyst Predicts XRP Pullback Before Targeting $4.67 Upside

Analyst Rose identifies $2.70–$2.50 as XRP’s ideal accumulation zone based on Fibonacci confluence and structural support.

RSI at 43.22 shows mild bearish bias, while MACD shows weakening downside momentum and potential for recovery.

A breakout above $3.20 could drive XRP toward $3.40–$3.60, with $4.6704 set as the broader bullish target.

XRP has entered a decisive phase after breaking out of a long term descending wedge pattern. The digital asset rallied sharply toward mid July highs near $3.60 but is now consolidating between $2.90 and $3.30

According to analyst Rose, the current outlook suggests a retracement toward Fibonacci support levels before another upward impulse develops. The outlook indicates both near term caution and longer term bullish potential if key zones hold.

Key Fibonacci Levels Define Next Move

The breakout rally has left behind key retracement levels that now act as reference points for buyers and sellers. The 0.382 level around $2.95–$3.00 is the first strong support, which could decide near term direction

Deeper levels, including the 0.5 retracement near $2.70 and the 0.618 area at $2.46–$2.50, mark a broader accumulation zone

XRP/USDT 1-week price chart, Source: Rose on X

Rose noted that this region aligns with market outlook, creating what she describes as the “ideal long entry area.” Below these levels, the 0.786 retracement near $2.07 provides an additional downside marker for longer term positioning.

Technical Indicators Show Mixed Conditions

Momentum indicators provide clarity on XRP’s consolidation. The RSI is at 43.22, below the neutral 50 level. This indicates mild bearish bias, though not yet oversold, with potential for either direction

XRP/USDT 4-hour price chart, Source: TradingView

A drop below 40 could strengthen selling momentum, while a recovery above 50 would favor buyers again. Meanwhile, the MACD line at -0.0085 and signal line at -0.0275 show weakening downward pressure

The histogram shows diminishing bearish momentum, suggesting a possible change if buying activity increases. Volume is at 5.26 million, notably subdued compared with earlier peaks, indicating the lack of strong conviction at present.

XRP Possible Price Scenarios

A break above the $3.20 resistance could trigger momentum toward the $3.40–$3.60 region. This move would align with improving RSI levels and a possible MACD crossover.

However, rejection at resistance followed by a drop below $2.90 support may extend losses toward $2.70. Rose projects that if the retracement zones hold, XRP could resume its broader bullish trend with an upside target at $4.67.

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