Analyst Predicts 10x XRP Rally if 2017 Pattern Repeats

Crypto analyst ChartNerd forecasts a potential 10x rally for XRP if it follows a pattern similar to the 2017 bull cycle. Key points include:

  • XRP experienced a 3-month cool-off and retested its 3-month 20-EMA in the past, leading to significant gains.
  • This pattern could repeat in the current 2025 cycle, indicating a possible substantial price increase.
  • A close below the 3-month 20-EMA at $1.20 would invalidate this rally prediction.
  • Potential price targets for XRP are $8, $13, and $27, marking new all-time highs.

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Market commentator Milk Road highlights bullish fundamentals for XRP, such as:

  • RLUSD reaching over $1 billion market cap quickly.
  • Abu Dhabi's ADGM allowing RLUSD as collateral, boosting XRP's prospects.
  • Increased flows into the XRP ecosystem via U.S. spot ETFs.

Currently, XRP trades around $2.18, reflecting a recent decline.

XRP