XRP Could Potentially Rally Toward $3.70 to $10 Amid Mixed Chart Patterns and Long-Term Consolidation
The post XRP Could Potentially Rally Toward $3.70 to $10 Amid Mixed Chart Patterns and Long-Term Consolidation appeared on BitcoinEthereumNews.com.
XRP’s price action is showing significant fractal patterns reminiscent of 2017, suggesting a potential bullish breakout with targets ranging from $3.70 to as high as $25. Despite nearly 200 days of consolidation between $1.90 and $2.90, market sentiment remains divided, with technical analysts closely monitoring symmetrical triangle formations and long-term fractals for clues. According to COINOTAG sources, while bullish scenarios dominate, a bearish inverse cup-and-handle pattern could trigger a correction down to $1.33, underscoring the importance of cautious trading strategies. XRP’s fractal patterns and prolonged consolidation hint at a major breakout, with targets from $3.70 to $25, but bearish risks persist amid mixed technical signals. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); XRP’s 2017 Fractal Pattern Signals Potential 75% Upside Rally The current XRP/USD price action is forming a symmetrical triangle pattern that closely mirrors the setup preceding the altcoin’s explosive 1,300% rally in 2017. Crypto analyst Mikybull Crypto highlights this resemblance, noting that the ongoing 200-day consolidation phase could be the calm before a significant breakout. Symmetrical triangles are neutral formations, but historical data suggests a strong likelihood of an upward resolution in this case. Analyst XRPunkie projects an “epic breakout” above $4, with a measured move from the triangle’s apex indicating a target near $3.70—approximately 75% above current levels. This technical insight provides traders with a tangible upside target, reinforcing the narrative of renewed bullish momentum…
Filed under: News - @ June 18, 2025 2:21 pm