XRP has been one of the most closely watched tokens this year, surging 42% since January thanks to regulatory wins, institutional adoption, and bullish technicals. Yet traders are now zeroing in on Fibonacci retracement levels that could set the stage for even more gains.
If the charts are right, XRP might be in line for a new all-time high by November. But while XRP looks strong, the sheer size of its market cap makes huge percentage gains less likely.
That’s why attention is also shifting toward smaller, more speculative tokens with viral momentum. These tokens have much higher upside potential due to their lower valuations.
One of the most talked-about right now is TOKEN6900, a satirical meme coin built on Ethereum that’s already raised $2.1 million in its ongoing presale. Its link to SPX6900 – one of the most successful meme coins of the past year – has early investors hopeful for explosive returns.
Fibonacci Setup Points Toward New Highs for XRP
Over the weekend, Rose Premium Signals, an analyst with more than 78,000 followers on X, shared a bullish setup for XRP. Their weekly chart showed that XRP broke out of a long-term descending wedge in July, which is often seen as a reversal signal.
After that breakout, XRP pushed higher but has since sold off and is now drifting back toward key Fibonacci retracement levels. For those unfamiliar, Fibonacci retracement is a charting tool that identifies likely support and resistance points based on ratios from the Fibonacci sequence.
📊 $XRP/USDT Weekly Chart Overview #XRP broke out of a long-term descending wedge, a classic bullish reversal pattern.
After a strong impulse move, price is now retracing toward key Fibonacci levels, offering a potential re-entry opportunity.
The 0.5–0.618 zone is marked as… pic.twitter.com/unvMWkShSB
— Rose Premium Signals 🌹 (@VipRoseTr) August 16, 2025
The 0.618 level is one that traders watch closely – it often acts like a launchpad after a pullback. And in XRP’s case, that level is precisely where the token seems to be heading.
Rose highlighted the 0.618 level as the potential springboard for XRP’s next bull run. If buyers defend that zone, Rose’s upside target sits at $4.67 by late November – a nearly 80% jump from where the retracement would bottom out.
Several Upcoming Catalysts Could Power XRP Higher
But the story isn’t just about the charts. The biggest catalyst for XRP this year is regulatory clarity. Ripple’s long fight with the SEC is finally over, which means U.S. institutions now have the green light to build with XRP without worrying about lawsuits.
Ripple’s partnerships with banks in the Middle East and Latin America also continue to add real-world use cases. Plus, events like the Chain of Blocks Summit next month are likely to bring fresh announcements – whether that’s new products on the XRPLedger or deeper institutional relationships.
Add in Bitcoin’s recent strength and chatter around spot ETF approvals, and you’ve got both momentum and narrative working in XRP’s favor. That’s why many analysts think the token’s price could surge above $4 (or even higher) before the year wraps up.
Why Smaller Meme Coins Like TOKEN6900 Could Outperform XRP
But even if XRP hits $4.67, it’s already a $176 billion asset. Big moves are harder when you’re that large. That’s why some traders are hunting for smaller-cap tokens with meme energy behind them – and TOKEN6900 is getting lots of attention in this regard.
TOKEN6900 is a parody coin on Ethereum that doesn’t pretend to have utility. Its whole identity is satire: a dolphin mascot, retro Windows 95 branding, and the self-described mission of “brain rot finance.”
Its total supply is set at 930,993,091 tokens – one more than rival SPX6900, just to keep the joke going. And those who hold T6900 can stake their tokens for an annual yield of 33%.
TOKEN6900’s presale has already raised $2.1 million, with tokens priced at just $0.007 during the current stage. Big whale buys – including one six-figure transaction – have sparked confidence that its price could take off post-listing.
Analysts are comparing T6900 to SPX6900, which has exploded by over 13,000% in the past year. Some see T6900 making an even bigger move if the early momentum holds. That’s why YouTuber Alessandro De Crypto urged his subscribers to “buy this crypto” as soon as possible.
Of course, T6900 lives and dies on attention, while XRP has regulatory clarity and utility. Still, in a market that loves rotation and viral momentum, this satirical meme coin is shaping up to be one of the most exciting plays for the next few months.
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