In Brief: XRP is replicating its 2017 trendline, with Cleo Schmidt outlining several retests before a potential broader price expansion phase begins. Schmidt maps XRP movements through $0.97,
XRP is replicating a trendline that previously appeared before its historic 70,000% rally during the 2017 cryptocurrency market cycle. The pattern outlines several price stages that could determine whether XRP follows a similar long-term structure.
According to crypto analyst Cleo Schmidt, XRP is displaying the same trendline formation that developed during its major 2017 price cycle. Schmidt outlined three scenarios involving pullbacks and recoveries before XRP potentially enters a broader expansion phase.
The comparison focuses on XRP moving through specific price levels rather than guaranteeing another identical 70,000% increase. Moreover, each stage requires XRP to maintain important retests before advancing toward the higher targets presented within the chart.
Schmidt’s first scenario places XRP around $1.10 before a potential decline toward $0.97 and a subsequent recovery toward $1.80. This movement would establish the opening stage within the trendline structure highlighted through the historical comparison.
The second scenario begins around $1.80, with Schmidt projecting an advance toward $2.70 before XRP potentially reaches $3.20. Consequently, this stage would extend the pattern while creating another important test for the historical trendline comparison.
From $3.20, the third scenario projects a stronger move toward $6.50 before XRP potentially advances toward the $13 level. Schmidt considers this third retest particularly important because holding the structure could mark the beginning of the projected expansion phase.
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$XRP is replicating the exact same trendline seen in 2017.
History is repeating itself.
Just like before the explosive 70,000% rally.
The path to the next bull run:
Scenario 1: (August–September)$1.10 → $0.97 → $1.80
Scenario 2: (November–December)$1.80 → $2.70 → $3.20… pic.twitter.com/ySktNbIN4V
— Cleo Schmidt (@Cleo_995yu) August 17, 2026
Additionally, the sequence resembles the gradual price development highlighted within XRP’s historical chart rather than an immediate rally. XRP eventually recorded gains exceeding 70,000% during its 2017 cycle, making that earlier structure central to Schmidt’s comparison.
However, repeating a historical trendline does not guarantee XRP will produce the same percentage increase during another market cycle. Market liquidity, investor positioning, broader cryptocurrency conditions, and trading activity differ from those surrounding the previous rally.
The projected $0.97 level represents an important early test because Schmidt expects XRP to recover toward $1.80 from that region. Meanwhile, reaching $3.20 would establish another significant stage before the projected advances toward $6.50 and $13.
Significantly, Schmidt’s analysis depends on XRP respecting the sequence of retests rather than simply reaching individual price targets. Losing important structural levels could weaken the resemblance between XRP’s current trendline and the formation observed during 2017.
The roadmap therefore provides several levels for assessing whether XRP keeps replicating its historical pattern. While the 70,000% rally provides the historical comparison, successful retests remain crucial to the projected expansion.
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The post XRP Is Repeating the Same Trendline That Led to its Historical 70,000% Rally – Details appeared first on 36Crypto.
