A technical analyst on X shot down XRP’s $15 March target as the token trades at $1.32, down 10% weekly, with $1.50 resistance holding firm.
XRP is trading at $1.32. That number matters more than any price target circulating on X right now. The token is up 0.29% on the hour, down 3.34% across 24 hours, and 10% in the red over the past week.
Social media is still buzzing with bold calls. But at least one chart-focused voice has had enough of the noise.
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$15 by March 16? One Analyst Says Absolutely Not
ChartNerdTA, posting on X, stated plainly: the $15 XRP call by March 16 will not happen. The post drew attention fast, cutting against a wave of optimism that has been building in parts of the XRP community. No hedging. No “maybe.” Just a flat dismissal.
That target came from CryptoBull2020, who posted on X claiming high confidence that XRP hits $15 by March 16 and $70 by mid-May. The original post framed it as near certainty. XRP sitting at $1.32 makes that look like a stretch of roughly 10x in under a month.
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The Level the Charts Are Actually Watching
ChartNerdTA followed up with a second post laying out the actual technical picture. According to ChartNerdTA on X, XRP recently tapped very close to the Fibonacci sweet spot sitting between $1.20 and $1.30. That zone had been the downside target for some time.
But here is where it gets tighter. The $1.50 level is described as the key resistance and supply block. XRP has to reclaim that price first. Without it, any talk of a $1.80 or $2 backtest stays off the table.
That is a long way from $15.
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A 10% Weekly Drop and a Crowded Resistance Overhead
The weekly performance tells the story plainly. XRP is down 10.01% in seven days, holding just above the Fibonacci zone that ChartNerdTA flagged. Price tapped close to the $1.20 to $1.30 band and bounced. Still, $1.50 is overhead, and the token has not tested it yet.
XRP would need to first clear $1.50, then $1.80, then $2. Only then does anything beyond that even enter the conversation. What ChartNerdTA lays out is a road with several stops before any moonshot is even geographically possible.
The $70 call from CryptoBull2020 by mid-May sits even further out. 52x from the current price. In roughly 80 days.
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What Fibonacci Is Actually Saying Here
ChartNerdTA’s reading points to the $1.20 to $1.30 range as a defined Fibonacci support zone. XRP came close to that band, which is notable on its own. That kind of touch often leads to a reaction. The question is how far any bounce goes.
The $1.50 supply block is not a soft resistance. It is described as a block where sellers historically step in. Reclaiming it means closing above it with follow-through. Not just touching it.
If XRP cannot clear $1.50, the path toward $1.80 or $2 backtest stays closed. That is the immediate setup, according to the chart read shared publicly on X. Not $15. Not $70.
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The divide between technical readers and social media price callers is not new in crypto. But the gap right now, $1.32 versus a $15 target in 20 days, is hard to ignore. Charts point in one direction. The hype machine points to another. Right now, the charts are winning on the scoreboard.
