XRP Price Mirrors 2017 Run; Could This Lead to a 2,900% Surge?
The post XRP Price Mirrors 2017 Run; Could This Lead to a 2,900% Surge? appeared on BitcoinEthereumNews.com.
Despite surging from under $1 to beyond $3, Ripple (XRP) has emerged as one of the best-performing assets of 2024 and 2025. Even after rallying to such massive levels, XRP price is above $3 even as many altcoins have shed 50% to 90% since their ATHs or Q4 2024 highs. Due to its strong performance and relatively little-to-no pullbacks, investors believe there is still a huge upside. One analyst notes similarities between the current price action and the 2017 rally. If history repeats, the expert adds, it could propel XRP by 2,900%. Can XRP Price Mirror 2017 Rally & Surge 2,900%? The symmetrical consolidation pattern noted in 2017 propelled XRP price from under $0.1 to beyond $3. After its initial breakout from the mentioned pattern, it consolidated for a short duration. This pause was followed by another explosive rally that pushed Ripple to an ATH. This ATH remained uncontested for seven years, but the upswing in late 2024 and early 2025 has revisited this level and set up a new high at $3.40. The analyst notes that XRP price is repeating 2017’s symmetrical triangle and has already breached it. XRP price has now begun its second phase of the uptrend after recently pausing for a brief moment. What’s next? A parabolic rally to new highs. The expert forecasts that, if history repeats, the 2017 fractal and uptrend resumes, investors can expect a 2900% surge. “Prices of XRP has just met its first target and the next is at $99, over 2,900% away…” Although the analyst does not provide a timeline for this target of $99, investors can expect it to occur this year should the crypto market outlook remain the same. In such a case, XRP could become one of the top altcoin in the crypto ecosystem. Tweet While technicals…
Filed under: News - @ January 31, 2025 5:27 pm