XRP Support at $1.61 Triggers Golden Ratio Theories, with Past Projections Targeting $16.18
Home
Crypto News
Market
XRP price found support at a level some community members believe aligns with the golden ratio of 1.618, triggering speculative theories.
XRP’s recent pullback to the $1.61 level on April 7 has renewed discussions around the golden ratio among community members and analysts, as some claim the price point carries mathematical importance.
The decline came during a broader market downturn, due to a global financial market slump triggered by a tariff-related announcement from U.S. President Donald Trump.
XRP’s $1.61 Support Triggers Golden Ratio Theories
Interestingly, certain XRP proponents, including members of the NFA Research Group, pointed to the drop to $1.61 as a symbolic alignment with the golden ratio of 1.618. They interpreted the market reaction as a potentially meaningful signal.
The recent XRP crash stopped right at the golden ratio, 1.618. https://t.co/iMsDOQ7GRhpic.twitter.com/GsHWri2we0
— NotFinancialAdvice.Crypto (@NFAdotcrypto) April 10, 2025
In particular, NFA Research Group asserted that XRP had touched a precise low of $1.618 on April 7. However, this claim is not 100% accurate, according to data from leading exchanges.
Notably, available records show XRP hit $1.6118 on Bitstamp, $1.6106 on Coinbase, and $1.6134 on Binance. This shows no leading trading platform reflected the exact 1.618 mark. Nonetheless, proponents of the theory argue that the $1.61 figure is still symbolically relevant to the golden ratio concept.
Previous XRP Golden Ratio Suggestions
For context, this fascination with the mathematical relationship goes beyond this recent event. In a disclosure last December, the NFA Research Group shared an elaborate sequence of dates and figures that they claim bolster their theory.
They claimed XRP reached its all-time high on Jan. 6, 2018, a date that could be rewritten numerically as 1.6.18. Further, they also pointed to XRP’s trading debut on Aug. 2, 2013, at roughly $0.00589. From this starting point, they noted that exactly 1,618 days later, XRP reached its peak on Jan. 6, 2018.
Furthermore, the group stated that another 1,618 days after that peak, XRP hit a low on June 12, 2022. To them, this repetition of the golden ratio interval in days presented additional evidence of a deeper pattern.
However, a closer investigation into these claims reveals a few inaccuracies. Notably, market data confirms that XRP did not peak on Jan. 6, 2018. Instead, the token hit its all-time high two days earlier, on Jan. 4, across all major exchanges.
Additionally, the claim that June 12, 2022 marked the bottom of XRP’s 2021 bull cycle does not hold up. While the asset did touch $0.3393 on that date, it eventually fell further to $0.2870 on June 18, which is now recognized as the cycle’s actual bottom.
XRP Now Targeting $16.18?
Meanwhile, besides the NFA Research Group, other market analysts have highlighted the golden ratio in relation to XRP’s price movements. One such analyst, Saul, introduced a concept in August 2024 that he called “The Golden Ratio Theory.”
At the time, XRP was trading around $0.5834. Saul identified a price of $0.38249 as the “golden bottom” and projected a multi-tiered rally toward golden ratio-based targets. His forecasts aimed first at $1.618, then at $16.18, and ultimately at $161.8.
Saul’s initial target of $1.618 materialized during the rally in Q4 2024, as XRP surged past this level. Following this milestone, he emphasized that the $16.18 level was now the next goal.
Because we seem to have blown through $1.618 I am shifting my attention to $16.18 and $161.80 for the upper threshold of the Golden Price theory.
https://t.co/6a3N7nb4n
— Saul ☠️ (@uptownsaul) November 29, 2024
Currently, XRP hovers around $1.99 battling to reclaim the $2 threshold. A move to Saul’s next target would require an increase of over 700% from current levels.
Tags
Latest XRP (Ripple) News Today
XRP Price Prediction