XRP price prediction: analyst sees 500% breakout as charts mirror 2017 rally


XRP price prediction: Analyst sees 500% breakout as charts mirror 2017 rally

  • A triangle consolidation sample is forming, just like its pre-rally construction in 2017.
  • Every day energetic addresses hit 295,000, whereas whale wallets holding over 1 million XRP reached 2,700.
  • Buying and selling quantity surged 157% to $5.26 billion, hinting at rising investor curiosity.

XRP’s worth motion has captured renewed consideration this week following a technical evaluation comparability that implies the token could possibly be poised for a breakout exceeding 500%.

Crypto analyst Mikybull Crypto posted a chart displaying XRP’s present consolidation development mirrors the pre-rally construction noticed in 2017, when the token soared to a then-record excessive of $3.38.

The analyst argues {that a} comparable sample is forming once more, one that would push XRP to $14 if situations align.

The chart, based mostly on three-week candles, implies a possible rally that would unfold over the approaching months, supported by macro developments equivalent to Ripple’s ongoing courtroom battle with the SEC and surging on-chain metrics.

XRP’s consolidation mirrors the 2017 pre-rally setup

The evaluation by Mikybull highlighted two triangle consolidation patterns—one from late 2017 and one from 2025.

In each cases, XRP appeared to commerce sideways over a number of weeks earlier than making a pointy upward breakout.

In 2017, the coin surged 1,300% in lower than a month, peaking at $3.38. XRP is at the moment buying and selling at round $2.19.

If the identical sample repeats, Mikybull suggests the coin may hit $14—a 540% enhance from present ranges.

XRP price
Supply: CoinMarketCap

The timing of this technical setup is especially important as XRP has remained rangebound since March, missing the sturdy momentum seen in different large-cap cryptocurrencies.

Nonetheless, with historic patterns now aligning and technical indicators such because the Shifting Common Convergence Divergence (MACD) and Relative Power Index (RSI) signalling a possible shift in momentum, analysts are watching intently for a breakout.

Authorized battle with SEC reaches essential stage

The timing of this potential breakout additionally coincides with a essential interval in Ripple’s authorized battle with the US Securities and Trade Fee.

The SEC case, which started in 2020, is at the moment working to settle the case.

Each events have submitted a revised settlement movement, however no ultimate approval has been issued by the courtroom.

The lawsuit has been a key overhang for XRP, capping its upside over the previous few years.

Nonetheless, a decision in Ripple’s favour may take away regulatory uncertainty and act as a catalyst for worth acceleration.

Some market watchers recommend the authorized readability could entice institutional capital again into XRP, which has lagged opponents like Solana and Ethereum in latest market cycles.

On-chain information factors to rising exercise and investor curiosity

Data from blockchain analytics firm Santiment exhibits sturdy exercise on the XRP community, reinforcing the bullish thesis.

Every day energetic addresses surged to 295,000 this month, a sevenfold enhance from the three-month common of 40,000.

Whale wallets have additionally risen to historic highs, with over 2,700 addresses now holding at the least 1 million XRP every.

This represents the best focus of enormous holders in XRP’s 12-year historical past.

Moreover, buying and selling volumes climbed 157% to $5.26 billion within the final 24 hours, suggesting rising curiosity from retail and institutional merchants.

Analysts word that such spikes in quantity typically precede main worth strikes, particularly when aligned with constructive sentiment and beneficial macro triggers.

Whereas the broader crypto market has proven combined efficiency in latest weeks, XRP’s chart patterns and bettering fundamentals are positioning it as one of many extra closely-watched tokens heading into the second half of 2025.



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