XRP is currently trading at $3.10, up by 2.77%, with intraday price movements ranging between $2.99 and $3.11 for the past 24 hours. Its market cap is marked at $185.6 billion, and the trading volume is $7.15 billion.
Crypto analyst, EᴛʜᴇʀNᴀꜱʏᴏɴᴀL, has drawn comparisons between it’s past performance in 2017 and its potential path in 2025. Historical price action suggests the token may be repeating a familiar cycle.
The analyst believes the crypto is entering a phase similar to the pre-2017 bull run, which could set the stage for a major rally. If the pattern holds, XRP could reach fresh highs before undergoing a correction.
XRP has followed the Wyckoff Market Cycle during its 2017 surge. The altcoin moved from a long accumulation phase between 2014 and 2016 into a markup stage that drove prices from fractions of a cent to over $3.00.
After a brief re-accumulation, the market entered distribution as large holders took profits, leading to a prolonged decline in 2018.
The analyst now sees similar conditions forming between 2020 and 2023, with accumulation around $0.20 to $0.50 and a breakout in 2024 that signals the start of a new markup phase.
Projections for 2025 place the Ripple backed token in the $5 to $7 range if the fractal pattern continues. Moreover, the analyst argues that under stronger market conditions, the price could even push to $10.
Adding to EᴛʜᴇʀNᴀꜱʏᴏɴᴀL’s bullish thesis, Crypto analyst Unipcs noted that even though he doesn’t currently hold or trade XRP, the price chart looks bullish. He pointed out that it has broken out of a long-term downward trendline and is showing resilience at higher levels.
On the four-hour chart, the crypto had been trading under a descending resistance line since it peaked at $3.66 in July. Several attempts to break above that line failed, leading the price to bottom out at $2.69 on September 1. Since then, the coin has rebounded strongly, reclaimed the $3 mark, and is now trying to establish that zone as a support level.
Unipcs added that if the broader crypto market remains stable, XRP could see a significant upward move. He also suggested this strength could spill over positively into other altcoins.
The current price action shows stabilization, with a slight bullish momentum forming as buyers step back in. The price has formed higher lows, suggesting renewed buying interest and short-term market strength. If momentum continues, the crypto could attempt to break the $3.30–$3.50 resistance range, while support remains around $3.00.
The MACD line is above the signal line, and the histogram is in positive territory. This reflects a bullish crossover that signals momentum in favor of buyers. The RSI is currently at 58.45, which reflects that the asset is neither overbought nor oversold, leaving room for further upward movement if demand increases.