Analyst Says the Deal Is Done, Predicts $24 per XRP In Next 60 Days. Here’s why

A new XRP price projection has put an ambitious target on the table while highlighting a technical setup that the analyst believes supports a major move. Crypto analyst XRP Captain (@UniverseTwenty) shared a chart with a bold prediction that XRP could hit $25 in 60 days.

The post presents a clear forecast rather than a conditional outlook. His analysis combines Fibonacci extension levels with a descending trendline and a projected vertical rally that reaches well above current prices.

Can XRP Break Above a Long Downtrend?

The chart shows XRP trading on the daily timeframe after spending months in an extended decline. This move placed it beneath a descending resistance line. Price action gradually trends lower before reaching a low point where the projected move begins.

From that area, the analyst presents a sharp breakout that pushes through multiple Fibonacci retracement levels. The projected path quickly clears the 0.236, 0.382, 0.5, 0.618, and 0.786 levels before moving above the 1.0 extension.

The chart also highlights the 1.618 Fibonacci extension near $7.88. However, the projected rally does not stop there. Instead, the vertical move continues into a higher zone that aligns with a price around $24.

Technical Projection Extends Beyond Previous Highs

The analysis relies on a Fibonacci extension structure that uses prior price swings to estimate future targets. The chart places several key levels between roughly $1.40 and $7.88 before extending into a much higher region.

The projection implies that XRP would move far beyond the previous extension levels in a relatively short period. According to the post, that timeline is 60 days.

What’s Next for XRP According to the Chart

XRP is currently struggling, but the first development to watch is whether it can continue moving away from the descending resistance line that has contained price action for months. The projected path depends on that breakout holding.

The next stage in the analysis involves price advancing through the Fibonacci levels shown on the chart. Each level marks another step toward the analyst’s ultimate objective rather than the end of the move.

Is XRP Going to $24?

XRP Captain’s post received support from prominent figures like Kenny Nguyen. However, ChartNerd (@ChartNerdTA), a seasoned analyst, recently confirmed signs of weakness on XRP’s chart. He believes this analysis is ridiculous, claiming XRP may not hit that target in 60 days.

Others also criticized XRP Captain, with one commenter accusing him of engagement farming. Market participants are now watching XRP to see where it goes in the next two months.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

Follow us on X, Facebook, Telegram, and  Google News

The post Analyst Says the Deal Is Done, Predicts $24 per XRP In Next 60 Days. Here’s why appeared first on Times Tabloid.