NewsBTC
Jan 3, 2026
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XRP Completes 393 Days of Sideways Accumulation, Echoing 2017 Pattern

XRP has experienced dynamic price movements in 2025, following a strong rally to new all-time highs. The cryptocurrency is currently in a period of pullbacks and consolidations.

XRP's Long Accumulation Phase

  • XRP has undergone approximately 393 days of sideways accumulation, mirroring the 395-day phase between 2016-2017.
  • This prolonged consolidation indicates a balance between buyers and sellers without a clear trend.
  • Historically, such patterns have transitioned into descending channels, eventually leading to breakouts.
  • The current setup shows XRP forming a similar descending channel, hinting at a potential breakout.

Future Prospects for XRP

  • In 2017, after breaking from a descending channel, XRP rapidly increased from $0.01 to beyond $0.40, marking a 5,000% rise.
  • Currently, XRP is within a descending channel around the $1.70-$1.90 range.
  • A comparable 5,000% surge from its current level could project XRP's price to approximately $100.