In-Depth Analysis: XRP’s Potential Mirroring of Its 2017 Bull Run
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Comparative Study by Crypto Analyst Steph: A Look at XRP’s 2017 and 2025 Market Movements
Renowned crypto analyst Steph has drawn a fascinating parallel between XRP’s remarkable 2017 bull run and its present market trajectory as we approach 2025. Shared on the social media platform X, this analysis, titled “The $XRP Playbook,” highlights the similarities in the early accumulation phase that once led to a significant price surge eight years ago. By comparing the 2017 price jump with the current consolidation around the $2 mark, it suggests the possibility of XRP setting the stage for another substantial rally.
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XRP’s Potential to Echo Its 2017 Success
Recent price movements have positioned XRP on the brink of surpassing the $2.5 level, following a rapid decline last week that resulted in a prominent downside wick on the daily chart. This quick dip, amidst prolonged price stabilization since July, may be setting up for a repeat performance of its past success.
Looking back, XRP demonstrated a similar pattern in 2017, characterized by a prolonged lateral movement before skyrocketing vertically, making it one of the standout performers of that bull cycle. This trend was thoroughly examined in a technical analysis post by STEPH IS CRYPTO on X. The analysis compares the slow accumulation from early March 2017, culminating in a dramatic rise from mere cents to over $3 within a few months.
The 2025 Setup: Anticipating a Major Breakout
The chart’s right side visualizes XRP’s trajectory in 2025, mirroring the 2017 accumulation pattern. The token has hovered around the mid-$2 range, forming a rounded bottom, with predictions pointing to November or December as a pivotal period.
Steph’s forecast suggests XRP may linger between $2.5 and $3 in the coming weeks before embarking on a steep upward journey. The projection envisions XRP soaring past $3 and subsequently entering a significant ascent, potentially reaching around $24. Should this 2017-like pattern recur, XRP might witness an unprecedented price surge, elevating its price range beyond $20.
Steph is not alone in these predictions. Another crypto analyst, ChartNerd, has similarly forecasted a potential breakout, projecting a rise to $13.5 if XRP follows the 2017 trajectory.
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