Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats
Overview
A recent analysis by ChartNerd suggests that XRP could experience a significant price rally if a specific historical pattern from 2017 repeats. The analyst highlights the conditions needed for this potential surge and discusses what could invalidate the bullish trend.
Analysis of the Current XRP Situation
ChartNerd has identified a bullish pattern reminiscent of the 2017 bull cycle, where XRP experienced a notable price increase after a period of consolidation. During that cycle, XRP underwent a three-month cool-off period, which set the stage for a substantial upward movement. According to the analyst, XRP is currently in a similar phase, having recorded a breakout last year and now entering a three-month cool-off period toward a retest of its 20-EMA.
The prediction indicates that if the historical pattern holds true, XRP could potentially see a tenfold increase in price. The analyst emphasizes that a critical point to watch is the 3-month 20-EMA; if XRP closes below this level, it could invalidate the expected rally.
Additionally, ChartNerd noted the significance of previous price levels from 2017 and 2021, including the impact of regulatory events that have influenced XRP’s price trajectory.
Market Commentary
Market commentator Milk Road has also weighed in on the potential for XRP to experience a major price movement. They highlight the strong fundamentals supporting XRP, particularly the rapid growth of RLUSD, which has reached a market cap of $1 billion faster than most stablecoins associated with Ripple. This momentum is seen as a positive indicator for XRP’s future performance.
Furthermore, the opening of institutional pathways for RLUSD in Abu Dhabi is viewed as a bullish sign, potentially increasing liquidity and market flows into the XRP ecosystem.
Impact on the crypto market
- ChartNerd’s analysis suggests that historical patterns can provide insights into future price movements for XRP.
- The potential for a tenfold increase in XRP’s price could attract significant investor interest and market participation.
- The rapid growth of RLUSD and its institutional adoption may enhance the overall credibility and utility of XRP in the crypto market.
- Increased liquidity and regulated on-ramps could lead to a surge in trading volume and price activity for XRP.
- Market sentiment around XRP is becoming increasingly positive, which could influence broader market trends in the cryptocurrency space.
Updated: 11/29/2025, 9:23:05 AM
