XRP’s 2017 Pattern Reemerges in 2025, Analyst Foresees Massive Rally

XRP experienced significant volatility, dropping to a low of $1.64 before rebounding to $2.36. This movement saw trading volumes increase by 164% above the 30-day average.

Historical Price Patterns

  • A crypto analyst highlighted similarities between XRP's current price structure and its 2017 pattern, which preceded a massive bull run.
  • In 2017, XRP's price dropped sharply before increasing by 5,361%, reaching an all-time high of $3.40 in 2018.
  • The recent drop created a downside wick similar to the 2017 pattern, suggesting potential for a similar recovery.

Future Outlook

  • The $2.40 and $2.00 levels are key support zones for XRP, essential for maintaining a bullish trajectory.
  • If XRP mirrors past performance, it could reach approximately $13.5, contingent on increased institutional investment.
  • The launch of Spot XRP ETFs could expedite investment inflows from institutional actors.
  • Currently, XRP trades at $2.38, down by 22% over the past week, with possible consolidation before a potential rally.