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XRP now trades close to a critical pivot level that could decide its next major push, with long-term chart data suggesting a path toward the $9 region.
Currently changing hands at $1.96, XRP has continued to trade in a tight range between $1.9 and $2 after more than a year of sideways movement. Interestingly, XRP maintained this level throughout 2025 while most of the market lost ground.
Today, XRP now eyes a potential push toward $3, specifically at $3.09, which it last saw in early October 2025. Once the altcoin recovers this pivot and transforms it to support, its next target lies at the $9 price, representing a new all-time high.
Key Points
- The XRP price has remained range-bound for more than a year while many altcoins declined, signaling relative strength.
- Historical data confirms XRP reclaimed and held above former cycle highs from the 2021 period, confirming a bullish shift in structure.
- The weekly chart identifies $3.09 as a major pivot level that must convert into support to lead to the next expansion phase.
- Weekly Fibonacci extensions identify the $9.00194 region as the next long-term target once the pivot is resolved.
XRP’s Historical Breakout
This target came up during the latest market commentary from prominent market watcher Matt Hughes (The Great Mattsby). According to Hughes, XRP has maintained a position within the $1.9 to $2 price range over the past year, while the rest of the market sees losses.
Data from his chart shows XRP struggled below $1 and $2 before this range-bound phase. Specifically, after trading at lower prices from 2014 to 2016, XRP witnessed an expansion that began in 2017 when it broke out above the $0.005 area and surged into early 2018.
The price climbed to the $3.3 mark, setting one of the highest levels in its history. This peak later became the reference point used by Hughes for the Fibonacci extension levels on his chart. After topping out, XRP entered a sharp correction that led to a prolonged bear market.
XRP Consolidates Below $1
From 2018 through 2020, XRP trended lower and moved sideways, spending most of its time between $0.20 and $0.50. Volatility dropped compared to the prior cycle, and repeated failures to reclaim higher levels confirmed that sellers controlled the market.
A recovery push in 2021 led to $1.96, but this rally was short-lived. Notably, XRP was only able to rebound from the $0.2-$0.5 levels in November 2024, when it soared from $0.5 on the back of the U.S. elections to reclaim the 2018 peak of $3.3 by January 2025.
The Critical Pivot Level
This set the tone for what the analyst calls a grinding phase that lasted more than a year. Throughout 2025, XRP held a narrow range between $1.9 and $2 while many altcoins declined sharply. Its price action looked similar to accumulation rather than exhaustion.
While XRP still trades within the range, the price now holds above nearly all prior cycle highs except for the extreme peak set in 2018. Amid this price action, Hughes has now called attention to the next major technical barrier at the 2.272 Fibonacci extension, located at $3.09882. XRP last saw this price level in early October 2025.
The analyst called this level the key pivot for the market. Specifically, a decisive move above it, followed by sustained support, would mark a change from consolidation into expansion.
Beyond that point, the chart presents the next long-term objective at the 2.618 Fibonacci extension around $9.00194. This level does not come from speculation or guesswork. Instead, it stems directly from historical price behavior and the same extension framework that defined prior cycles.