TLDR
- XRP dropped to $1.53 during the October 10 market crash but quickly rebounded.
- Charting Guy stated that XRP is not bearish at all despite the recent price decline.
- XRP held above a crucial support range between $1.45 and $1.68, including the $1.61 Fibonacci level.
- The price has now recovered to $2.49, which is above both the support zone and the $2.2 resistance.
- The analyst identified bullish Fibonacci targets at $8.29, $13.39, and $26.6 if momentum continues.
XRP trades at $2.49 after a sharp drop, yet analyst Charting Guy maintains a firm bullish outlook. Despite losing $1.27 during the October 10 crash, XRP rebounded quickly and avoided deeper losses. The analyst cites XRP’s recovery above key Fibonacci support as proof of continued strength.
XRP Holds Above Crucial Support Range
Charting Guy points to a key support zone between $1.45 and $1.68 as the bullish foundation for XRP. During the crash, XRP dipped to $1.53 but stayed within this critical zone. He noted, “XRP is not bearish in the slightest,” referencing the rebound from this level.
This price zone encompasses the 0.786 Fibonacci retracement, positioned at $1.61, which marks a significant long-term support level. Bulls strongly defended this zone, preventing a further breakdown below $1.45. A drop below this range would have turned support into resistance, making recovery more difficult.
$XRP is NOT bearish in the slightest pic.twitter.com/ZZ3ILgSfaG
— Charting Guy (@ChartingGuy) October 14, 2025
However, XRP recovered and now trades significantly above this level, supporting a bullish narrative. Holding this zone suggests strength despite broader market weakness. As a result, Charting Guy asserts that XRP maintains a bullish market structure.
Following the crash, XRP quickly surged above the 0.888 Fibonacci level positioned near $2.2. This upward move removed a key resistance and cleared the path for a full price recovery. Currently, XRP trades just 11% below its pre-crash level of $2.8.
Analyst data shows no Fibonacci resistance exists between the current price and $2.8. This increases the possibility of XRP returning to that level soon. A breakout above $2.8 could trigger a run toward the January 2018 high of $3.31.
Charting Guy believes XRP’s price structure remains solid, and technical indicators support further gains. He emphasizes that XRP never entered a bearish phase during the recent selloff. This perspective contrasts with the prevailing negative sentiment among retail traders.
XRP Price Eyes Bullish Fibonacci Targets
Charting Guy’s chart highlights three Fibonacci extension targets beyond the $3.31 peak. The first target stands at $8.29, aligning with the 1.272 Fib level. Reaching it requires a 245% rise from current XRP price levels.
The second target lies at $13.39, supported by the 1.414 Fib extension, which implies a 458% increase. The third and highest target is $26.6, near the 1.618 extension. This target matches one previously proposed by analyst EGRAG Crypto last year.
These projections suggest strong upside potential if XRP maintains its current momentum. While the broader market remains volatile, XRP continues to hold above key support. The market technician’s analysis shows XRP remains in a firm bullish position.
