The XRP monthly chart remains structurally constructive despite last week’s sharp pullback, according to independent technician Charting Guy (@ChartingGuy), who argues the asset is “NOT bearish in the slightest.” His latest one-month XRP/USD chart on Bitstamp, captured Oct. 14, shows price defending a major Fibonacci support cluster while repeatedly probing resistance at the prior all-time high.
On the current monthly candle, XRP is trading at $2.4477 with 17 days and 10 hours left in the period after printing an open at $2.8467, high at $3.1037, and low at $1.5800, down 14.0% month-to-date. The rejection zone is precise: a horizontal line marks the 1.000 Fibonacci retracement at $3.3170, which aligns with the 2018 cycle peak and has capped the last several tops in 2025. Just below, the chart includes a 0.888 retracement band (approximately $2.96) that has acted as near-term resistance during this three-month range between roughly $2.10–$3.30.
Technically, the setup is binary and well-defined on the monthly timeframe: continued defense of $1.60–$1.80 keeps the uptrend’s higher-low structure intact, while a sustained break and close above $3.3170 would confirm the next leg toward the extension grid at $8.30, $13.39, and—at the cycle’s ambitious outer bound—the 1.618 marker near $26.63. For now, XRP remains range-bound beneath ATH but supported by the same zone that powered its last breakout, exactly as Charting Guy’s chart depicts.
At press time, XRP traded at $2.4655.
