The XRP chart indicates that another major rise is on the way – Could 2025 be like 2017, with 3x price?
Many traders describe Ripple Labs’ XRP coin as being in a “déjà vu” position. According to top crypto analysts, the price is currently moving in a manner similar to how it broke out in 2017, when it returned a staggering 30 times its value. XRP is now trading at $2.30 and appears to be on track to rise further. The main question on everyone’s mind is whether XRP will skyrocket again.
Fractals Do Not Lie: The Triangle Formation of XRP is Real
MilkyBull Crypto, a well-known market analyst, recently shared a chart on X (formerly Twitter) comparing XRP’s current three-week structure to the 2017 bull run. It’s difficult to overlook how similar they are. XRP is currently producing a symmetrical triangular pattern above a rising exponential moving average, much as it did in 2017. This setup typically indicates that there is a lot of positive emotion underneath, especially when volatility is declining.
This was the first tweet that sparked people’s interest: MilkyBull’s XRP Review
Momentum and RSI both suggest strength
Analyst BitcoinWallah contributed to the upbeat mood by pointing out the triangle formation on the XRP/USDT three-week chart. There is a technical basis for a breakout toward $4.56, which is about double the current price, because the price is trapped between two converging trendlines and the RSI is at 61.70. When the RSI rises above 60, it typically indicates that there is a lot of buying and accumulating going on. This is a traditional indicator of impending market volatility.
According to TradingView data, lesser volume and a tighter price range are classic indicators of an impending breakout. It’s like a coiling spring, poised to go.
Is this a perfect storm for XRP?
The macroeconomic condition in 2025 is far more evolved than it was in 2017. Ripple’s real-world cross-border payment apps are becoming increasingly popular among institutions. If the technical environment meets the SEC’s new legal clarification, and the market is more positive following the FOMC meeting, XRP could be on the cusp of a rally that restores its glory days.
Even while historical success does not guarantee future profits, history may be repeating itself, which is a beautiful song for XRP investors.
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