XRP Echoes 2017 Bull Run: A Formidable $24–$30 Base Signals Major Move
History doesn't repeat, but it often rhymes—and for XRP, the melody is sounding awfully familiar.
The Ghost of Rallies Past
Charts are flashing a pattern not seen since the 2017 parabolic surge. Back then, a similar consolidation phase—a period of quiet accumulation—preceded a historic breakout. The current price action is tracing that same blueprint, hinting at a potential sequel that could leave traditional finance scrambling.
Building the Launchpad
The key? A strong support base forming between $24 and $30. This isn't random noise; it's a technical foundation being laid brick by brick. Each test of this zone, met with buying pressure, reinforces its strength. It's the market's way of finding a new equilibrium before the next leg up—a coiled spring gathering potential energy.
Why This Time Could Be Different (Or Bigger)
The macro landscape has shifted dramatically since 2017. Regulatory fog is lifting in key jurisdictions, institutional infrastructure is mature, and digital assets are no longer a fringe experiment. This base-building occurs within a broader financial ecosystem that's finally, albeit reluctantly, making room at the table. The old guard's skepticism is now just background noise for a market that's learned to bypass gatekeepers.
The $24–$30 range is more than a number—it's a battleground where conviction is tested. Holding here transforms it from resistance into a launchpad. When it finally breaks, the move could be explosive, leaving slow-moving portfolios and cynical fund managers—still waiting for a 'safe' entry point—in the dust.
Inverted Chart Signals Bullish Potential
Analyst EGRAG crypto brought up an inverse chart view for XRP that emphasizes the cyclic activity in the token’s markets. Typically, break points in the inverse chart for XRP have represented the beginning of substantial growth phases and not large downturns.
In past cycles, such breaks resulted in dramatic scenarios, with the first occurrence resulting in a 7,000% surge and the second in a 1,200% rise. Based on this model, EGRAG expects the base-case price for the token to be $24-$30 over the 6-18 month period, which comes with a 60-65% chance.
A longer-term model that will require market madness and adoption can increase the price for XRP to $80-$150, but that particular prediction comes with a 20-25% chance. This analysis suggests that it is currently undergoing a manipulation and release phase after an accumulation.
Source: X
XRP Long-Term Technical Structure Remains Cautious
Although the short-term indicators are promising, a long-term technical analysis indicates a pattern of ‘Break Before the Crash.’ There is evidence in past cycles between 2014-2018 and 2021-2025 for XRP/USD that a ‘Break Before the Crash’ pattern is being repeated.
XRP tends to make lower highs under declining lines, protecting a crucial horizontal level of support. But once this level breaks, there have been steep sell-offs in XRP, which, in relative value, crossed 90% on occasion.
The current forecasts have pointed out an important support area around $27, with a possible recovery to the green target boxes of $150. Until XRP creates a series of higher highs and former levels of resistance turn to support, signs of extended consolidation phases are likely.
