LONDON (IT BOLTWISE) – Cryptocurrency XRP may be poised for a significant price rise if a historical pattern from 2017 repeats itself. Analysts see parallels to the development at that time, which led to a 25-fold increase. If history repeats itself, XRP could see a 10-fold increase.
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The cryptocurrency XRP could be poised for a significant price increase if a certain pattern from 2017 repeats itself. Analyst ChartNerd noted in a post that XRP experienced an impressive 25-fold increase during the 2017 bull cycle after a three-month slowdown period. This phase was marked by a decline to the 3-month 20-EMA before the price shot higher.
Currently, a similar pattern is emerging in 2025, with XRP now undergoing a similar cooling phase after a major breakout last year. If history repeats itself, XRP could see a 10x increase, indicating a possible blow-off top. However, ChartNerd emphasizes that a close below the 3-month 20-EMA at $1.20 would invalidate this scenario.
Another analyst, Egrag Crypto, has also predicted that XRP could rise to $27 in this bull run if it replicates 2017 price movements. These predictions are supported by positive fundamental developments, such as the fact that RLUSD reached a market cap of $1 billion in record time.
Market commentators such as Milk Road highlight that Abu Dhabi’s ADGM opening to institutional investment in RLUSD also represents a bullish signal for XRP. The increasing liquidity and regulated on-ramps could lead to an inflow that the crypto market has not seen in months. Currently, XRP is trading at around $2.18, down slightly in the last 24 hours.
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