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Bird (@Bird_XRPL) published a daily chart for XRP showing its long-term structure using Fibonacci levels. The chart tracks the price of XRP on the daily timeframe and highlights a potential expansion zone above $5.
The asset's price is currently stable near $1.32 after a long-term downtrend and months of contraction. The focus now is on the 1.618 Fibonacci extension level, which is considered the next major bullish target.
Chart Setup
The chart shows a downtrend for XRP after reaching its peak in July 2025. XRP has formed lower highs and lower lows over several months. Fibonacci retracement levels include 0.236, 0.5, 0.618, 0.702, and 0.786. These levels correspond to repeated reactions during corrections. XRP is currently trading near the lower range, around $1.3.