XRP (XRP) Price Forecast: Fibonacci Analysis Indicates Potential Surge to $3.60 - Blockchain.News

XRP (XRP) Price Forecast: Fibonacci Analysis Indicates Potential Surge to $3.60

Tony Kim Oct 23, 2025 01:20

XRP price prediction suggests a potential rally to $3.60 following key Fibonacci support, as institutional interest grows with Ripple's Evernorth deal.

XRP (XRP) Price Forecast: Fibonacci Analysis Indicates Potential Surge to $3.60

Ripple's XRP is currently attracting significant attention from the crypto market, with price predictions indicating a potential surge to $3.60. This expectation follows a notable rebound from a key Fibonacci retracement level, as reported by CryptoNews.

Institutional Interest Rises with Evernorth XRPN

Ripple's strategic partnership with Evernorth is driving increased institutional demand for XRP. Over 11 companies are reportedly preparing to integrate XRP into their financial treasuries, collectively exceeding $2 billion. This move is spearheaded by Ripple's recent Evernorth announcement. Notably, Japan's largest banking group, SBI, has confirmed its investment in Evernorth XRP, joined by GUMI with an investment of approximately $17 million.

The growing interest positions XRP as a potential global reserve asset, with companies progressively adding it to their reserves.

XRP Price Prediction: Fibonacci Retracement and Market Dynamics

Currently trading around $2.40, XRP has experienced a 10% increase since its recent low. The weekly chart reveals that the price has rebounded from the 0.618 Fibonacci level, a critical area where buyers typically exert significant influence. This rebound suggests that the recent pullback may have concluded, with renewed buyer momentum potentially driving the price toward a cycle high of $3.60.

Technical indicators support this bullish outlook, with the weekly chart maintaining a pattern of higher highs and higher lows despite XRP's volatility. The price has also shown resilience by bouncing back strongly from the flash crash zone, reducing the likelihood of another dip.

MAXI DOGE: A Rising Star in the Memecoin Sector

As institutional capital flows into XRP, the broader market is poised for its next significant shift. One emerging contender is MAXI DOGE, a memecoin gaining traction with its unique tokenomics and practical utility. Offering staking rewards with up to 82% APY, MAXI DOGE is attracting attention from both retail investors and early adopters.

The presale of MAXI DOGE has already raised over $3.7 million, indicating robust demand and positioning it as a leading player in the upcoming memecoin wave. Combining culture, liquidity, and market hype, MAXI DOGE is strategically placed to capture market interest as conditions evolve.

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