Analyst Expects $4.40 XRP Price to Come In Haste. Here’s why

Crypto analyst ChartNerd posted a technical update on XRP accompanied by an annotated price chart and a brief statement. In the tweet, ChartNerd wrote, “If $XRP can take out $3.27 and the local high of $3.60 on this impulse, I expect $4.40 to come with haste. The 0.618 FIB resistance must be cleared.” The chart attached to the post displays an annotated price structure that the analyst interprets as an impulsive run followed by an ABC correction and a potential bullish continuation. The analyst highlights a 0.618 Fibonacci resistance level at approximately $3.2714, labels the recent correction low at roughly $2.7220, and shows higher Fibonacci-based targets including a 1.0 level near $3.6652 and a 1.618 extension near $4.4051. If $XRP can take out $3.27 and the local high of $3.60 on this impulse, I expect $4.40 to come with haste. The 0.618 FIB resistance must be cleared. https://t.co/fGHCPNolFA pic.twitter.com/qJJdtwhTxc — ChartNerd (@ChartNerdTA) August 11, 2025 Technical observations reported by the analyst ChartNerd’s visual analysis marks an initial upward impulse that precedes a corrective sequence labeled A, B, and C. The correction is identified near the $2.72 level on the chart. Following the corrective low, the chart shows price recovery into a short consolidation channel and a renewed upward impulse annotated as a potential continuation. The analyst frames the 0.618 Fibonacci retracement level as a critical resistance to overcome. On the chart, this 0.618 level is annotated at $3.2714, and the current price shown on the graphic is approximately $3.2654, marginally below that level at the time the image was captured. In addition to the immediate 0.618 obstacle, ChartNerd points to a local high near $3.60 as a secondary threshold for confirming bullish momentum. The chart’s Fibonacci 1.0 reference is annotated at $3.6652, which is close to the $3.60 level cited in the tweet. ChartNerd presents a bullish price projection based on Fibonacci extensions, marking a 1.618 extension level near $4.4051 as the next impulsive target should the price clear the identified resistances We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Conditions and projected outcome According to ChartNerd’s statement and the attached chart, two conditions are necessary to support the projected move higher. The first condition is a successful break above the 0.618 Fibonacci resistance plotted at roughly $3.27. The second condition is a subsequent breach of the local high identified around $3.60–$3.66. If both conditions are met on the current impulse, the analyst expects an extension to the 1.618 Fibonacci projection at approximately $4.40. ChartNerd emphasizes that the 0.618 level must be cleared for that scenario to be valid. Short-term implications as reported ChartNerd’s post frames the near-term outlook as contingent and conditional. The analyst’s forecast is explicit about the necessary technical prerequisites: a lift above the $3.27 Fibonacci resistance and the local high near $3.60. The attached chart visually ties these levels to a completed ABC correction and a possible continuation of the prior impulsive move. The analyst’s target and timeline language—stating the $4.40 level “will come with haste” if conditions are satisfied, reflects an expectation of a rapid extension once the specified resistances are decisively breached. ChartNerd’s tweet and chart present a clear, rule-based technical scenario for XRP . 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 Expects $4.40 XRP Price to Come In Haste. Here’s why appeared first on Times Tabloid .

Source: TimesTabloid