The price of XRP is forming a potential harmonic Gartley pattern near the $1.30 support level, signaling a possible bullish bottom as the price fluctuates within a broader range.
XRP ( $XRP ) is beginning to show technical structure as a potential harmonic Gartley pattern develops around the $1.30 region. After weeks of rotational trading between high-timeframe resistances near $1.80 and strong support around $1.20, the market now appears to be entering a consolidation phase driven by patterns that could precede a larger directional move. Harmonic patterns, particularly the Gartley structure, heavily depend on Fibonacci ratios and precise price peaks. Recent XRP movements closely align with these technical requirements, with the price deviating from key Fibonacci levels and forming recognizable oscillation structures. This emerging setup raises the question of whether XRP is establishing a bullish bottom within its current range. While confirmation is still needed, the current formation indicates growing upside potential if support continues to hold. Key Technical Points for XRP Price Gartley pattern forming near $1.30: Fibonacci reactions shape the development of the harmonic structure Range maintained: XRP continues to oscillate between resistance at $1.80 and support at $1.20 Potential 60% upside: Completion of leg D could trigger a strong bullish rally
XRP has spent the past months trading within a clearly defined range, oscillating between high-timeframe resistance at $1.80 and a major structural support at $1.20. Instead of an impulsive trend, the price shows a reversal behavior, a state that often allows harmonic patterns to develop naturally. The latest corrective move showed XRP deviated from the 0.618 Fibonacci level, an important technical reaction that supports the formation of the Gartley pattern. The price is currently trading below the local Fibonacci support zone, consistent with expectations for continued development of the pattern’s internal legs. In harmonic analysis, the Gartley pattern typically develops through several measured swings labeled X, A, B, C, and D. XRP seems to be progressing through the final stages of this structure, with several clear peaks already established. These peaks reflect strong technical reactions at Fibonacci levels, reinforcing the validity of the developing setup. Support defense is critical for pattern validation For the Gartley pattern to remain valid, XRP must continue to stay above support on high-timeframe levels near $1.20. This level represents a critical invalidation point. Falling below it would weaken the harmonic structure and increase the likelihood of a deeper corrective move. However, as long as the price maintains support and reacts positively near the 0.618 Fibonacci region, the pattern continues to mature. Immediate focus shifts to completing leg C, which typically precedes an impulsive move to leg D, the final stage of the harmonic formation. The significance of this stage lies in market psychology. Harmonic patterns often develop during periods of uncertainty, when both buyers and sellers test liquidity extremes before a clear directional bias emerges. XRP’s repeated reactions at key Fibonacci zones indicate active market participant responses to these technical levels. Upside potential increases with the completion of leg D If XRP successfully completes leg C and establishes support in the current technical region, the probability of a bullish extension toward the projected completion of leg D increases. Based on harmonic measurements, this move could represent an approximately 60% rise from current price levels. The projected increase aligns with higher resistance zones within the broader structural range, potentially returning to levels closer to $1.80 and beyond. Importantly, this scenario does not require an immediate breakout but rather reflects a structured recovery within the existing market framework. Confirmation of momentum is likely to come through sustained higher lows, improved trading volume, and continued respect for Fibonacci retracement levels. These factors suggest that buyers are gaining confidence and positioning themselves ahead of a larger move. What to Expect in Future Price Action From a technical, price, and market structure perspective, the developing XRP Gartley pattern indicates that a bullish bottom may be forming near $1.30. As long as the price remains above support at $1.20 on high-timeframe charts and holds the 0.618 Fibonacci region, the likelihood favors completion of leg C followed by an upward move to leg D.
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The price of XRP is forming a potential harmonic Gartley pattern near the $1.30 support level, signaling a possible bullish bottom as the price fluctuates within a broader range.
XRP ( $XRP ) is beginning to show technical structure as a potential harmonic Gartley pattern develops around the $1.30 region. After weeks of rotational trading between high-timeframe resistances near $1.80 and strong support around $1.20, the market now appears to be entering a consolidation phase driven by patterns that could precede a larger directional move.
Harmonic patterns, particularly the Gartley structure, heavily depend on Fibonacci ratios and precise price peaks. Recent XRP movements closely align with these technical requirements, with the price deviating from key Fibonacci levels and forming recognizable oscillation structures. This emerging setup raises the question of whether XRP is establishing a bullish bottom within its current range.
While confirmation is still needed, the current formation indicates growing upside potential if support continues to hold.
Key Technical Points for XRP Price
Gartley pattern forming near $1.30: Fibonacci reactions shape the development of the harmonic structure
Range maintained: XRP continues to oscillate between resistance at $1.80 and support at $1.20
Potential 60% upside: Completion of leg D could trigger a strong bullish rally
XRP has spent the past months trading within a clearly defined range, oscillating between high-timeframe resistance at $1.80 and a major structural support at $1.20. Instead of an impulsive trend, the price shows a reversal behavior, a state that often allows harmonic patterns to develop naturally.
The latest corrective move showed XRP deviated from the 0.618 Fibonacci level, an important technical reaction that supports the formation of the Gartley pattern. The price is currently trading below the local Fibonacci support zone, consistent with expectations for continued development of the pattern’s internal legs.
In harmonic analysis, the Gartley pattern typically develops through several measured swings labeled X, A, B, C, and D. XRP seems to be progressing through the final stages of this structure, with several clear peaks already established. These peaks reflect strong technical reactions at Fibonacci levels, reinforcing the validity of the developing setup.
Support defense is critical for pattern validation
For the Gartley pattern to remain valid, XRP must continue to stay above support on high-timeframe levels near $1.20. This level represents a critical invalidation point. Falling below it would weaken the harmonic structure and increase the likelihood of a deeper corrective move.
However, as long as the price maintains support and reacts positively near the 0.618 Fibonacci region, the pattern continues to mature. Immediate focus shifts to completing leg C, which typically precedes an impulsive move to leg D, the final stage of the harmonic formation.
The significance of this stage lies in market psychology. Harmonic patterns often develop during periods of uncertainty, when both buyers and sellers test liquidity extremes before a clear directional bias emerges. XRP’s repeated reactions at key Fibonacci zones indicate active market participant responses to these technical levels.
Upside potential increases with the completion of leg D
If XRP successfully completes leg C and establishes support in the current technical region, the probability of a bullish extension toward the projected completion of leg D increases. Based on harmonic measurements, this move could represent an approximately 60% rise from current price levels.
The projected increase aligns with higher resistance zones within the broader structural range, potentially returning to levels closer to $1.80 and beyond. Importantly, this scenario does not require an immediate breakout but rather reflects a structured recovery within the existing market framework.
Confirmation of momentum is likely to come through sustained higher lows, improved trading volume, and continued respect for Fibonacci retracement levels. These factors suggest that buyers are gaining confidence and positioning themselves ahead of a larger move.
What to Expect in Future Price Action
From a technical, price, and market structure perspective, the developing XRP Gartley pattern indicates that a bullish bottom may be forming near $1.30. As long as the price remains above support at $1.20 on high-timeframe charts and holds the 0.618 Fibonacci region, the likelihood favors completion of leg C followed by an upward move to leg D.