XRP Pattern Resembles Pre-2017 Surge, Hinting at Breakout Potential
The post XRP Pattern Resembles Pre-2017 Surge, Hinting at Breakout Potential appeared on BitcoinEthereumNews.com.
Altcoin Analysis XRP has once again captured the spotlight as traders and analysts converge on what appears to be a major structural shift forming on its multi-year chart. After weeks of sideways consolidation between $2.20 and $2.60, the token is now approaching a critical breakout zone that could redefine its next long-term trajectory. The renewed optimism comes amid broader crypto market strength and a remarkable institutional development involving Evernorth, a Ripple-backed digital-asset treasury firm that recently accumulated nearly $1 billion worth of XRP. The Technical Foundation for a Major Move Market analyst EtherNasyonal described XRP as being “stuck between its 2017 and 2021 peaks,” but suggested that this prolonged phase is not stagnation—it’s maturation. On the monthly chart, XRP appears to be completing a re-accumulation cycle, a structural setup historically seen before explosive expansions. $XRP You’re not ready for the next wave 🌊 Stuck between its 2017 and 2021 peaks, XRP is maturing in a years long reaccumulation phase.This silence is a precursor to a major move. Once the structure is complete, a new parabolic wave will take hold. https://t.co/ixYYgqXt35 pic.twitter.com/W6CM9JahSk — EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 27, 2025 Recent price behavior supports that thesis. XRP has repeatedly rebounded from the $2.20 support zone, forming higher lows and tightening its range near $2.65. Momentum indicators also align with the bullish setup: The RSI has climbed steadily above the 50 neutral line, reflecting renewed buying strength. The MACD has turned positive, showing growing momentum in favor of the bulls. If the pattern sustains and price clears $3.65 decisively, technical models project the next target band between $8 and $10—an area aligning with Fibonacci extensions of previous cycle highs. Institutional Demand: Evernorth’s Billion-Dollar Bet Evernorth’s arrival has quickly become one of the most talked-about stories in the XRP ecosystem. In its first week…
Filed under: News - @ October 28, 2025 3:27 pm