NewsBTC
Sep 19, 2025
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XRP Price Surge Predicted Amidst Accumulation and RSI Patterns

Recent analyses suggest XRP may be preparing for a significant price movement, drawing parallels to past cycles in 2017 and 2018.

XRP's Historical Price Patterns

  • XRP broke a downtrend in March 2017, rising from $0.0055 to approximately $0.40 by May 2017.
  • The token then stabilized before surging to $3.31 in January 2018.
  • A long decline followed, leading to another accumulation phase.

The analyst EtherNasyonal highlights the monthly RSI action, suggesting potential for future growth as it replicates previous patterns.

Potential New Breakout

  • In November 2024, XRP increased from about $0.50 to $3.40 by January 2025.
  • The token has since been in a consolidation phase, potentially setting up for another rise.

Analysts predict a possible target of $10, supported by factors like regulatory clarity and new infrastructure developments by Ripple.

On-Chain Data and Wallet Activity

  • 538,586 XRPL wallets hold exactly 20 XRP each, totaling approximately 11 million XRP idling across these wallets.
  • This accounts for about 7.64% of all XRPL wallets, indicating a constrained supply if circulation decreases further.

Ripple Bull Winkle and others emphasize the impact of potential XRP ETFs on future price movements.