XRP Faces Bullish Scenario, Could the 2017 Pattern Repeat?

Some cryptocurrency market analysts are expressing optimism for XRP, suggesting the token may be on track to repeat the breakout pattern seen in 2017, when its price surged to around $3.30.

According to trader CRYPTOWZRD, XRP’s chart currently reflects a cycle of accumulation, consolidation, and breakout. He noted that the accumulation phase, which spanned from 2023 to early 2025, appears to have concluded, with XRP now consolidating below the $3 mark. If the pattern continues, the token may be preparing for another rally, with short-term targets at $4.50 and higher.

At press time, XRP was trading near $2.8 with a 24-hour trading volume exceeding $7.2 billion. Key technical levels being closely monitored include $2.47—a critical support zone for maintaining market structure—and $2.94, a resistance level that could trigger stronger buying momentum if breached. Some forecasts even place extended targets at $4.80 and $7.18, should bullish momentum return.

However, analysts caution that short-term volatility remains high, largely influenced by Bitcoin’s price movements. XRP’s ability to hold above support and break through resistance levels in the coming sessions will be crucial in determining whether the token continues to consolidate or embarks on a new rally.

Beyond price action, XRP’s ecosystem is also expanding. Cryptocurrency exchange Gemini recently launched a credit card offering cashback rewards in XRP and added support for Ripple’s RLUSD stablecoin for spot trading on its U.S. platform. These developments enhance XRP’s presence across both payments and investment use cases.