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. Must Read: XRP Ledger Transactions Surge 40% to 2.5M as Network Activity Outpaces Price $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. You Might Also Like: Ripple CEO Brad Garlinghouse Sees 90% Odds of Crypto Law by April 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. Worth Reading: Why LINK’s Full Retrace Is a Setup, Not a Surrender 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. Also Trending: Bitcoin Sees Largest Realized Loss Spike in History, Analyst Says Bottom Is Near 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. Don’t Miss: DOGE Holds Trendline Support as Momentum and Volume Weakens 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. The post XRP $15 Fantasy Crushed: Charts Tell a Different Story appeared first on Live Bitcoin News.

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