Saad Ullah
XRP is back in the spotlight. A recent chart analysis by @Steph_iscrypto reveals that the coin's current weekly structure looks remarkably like the 2017 setup — right before one of crypto's most explosive bull runs.
Trading around $2.50, XRP has people asking: could we be witnessing a repeat of history? And if so, is another parabolic move on the horizon?
The 2017 Pattern Is Back
According to STEPH IS CRYPTO breakdown, XRP's price behavior today echoes the consolidation and breakout that happened before its 2017 rally, when it skyrocketed over 13,000% — from under $0.30 to nearly $12.
The chart reveals familiar signs: prolonged accumulation, a series of higher lows, and tightening price action. These were the exact conditions that preceded XRP's breakout seven years ago. Now, similar compression is appearing again, hinting at potential energy buildup before another major move.
Looking at XRP's weekly chart, the parallels between 2017 and 2025 are hard to ignore. Back in 2017, XRP consolidated near $0.25 before exploding upward. Today, it's stabilizing around $2.50 in a comparable range. If XRP breaks decisively above the $3.20 resistance, it could kick off a broader rally with mid-term targets between $5 and $9, following a similar exponential trajectory.
Why Traders Are Getting Bullish Again
Several factors are lining up to support the optimistic outlook:
- Ripple's growing global network: The company continues expanding its cross-border payment partnerships, especially in Asia and the Middle East, strengthening XRP's real-world utility.
- Regulatory progress: Earlier this year brought some resolution to the SEC lawsuit, opening up clearer trading conditions for XRP in the U.S.
- Altcoin season rotation: With Bitcoin dominance leveling off, capital is flowing into major altcoins like XRP, which historically outperform during late-stage bull markets.
This combination of technical signals and fundamental developments has brought XRP back into focus and reinforced the idea that a significant move could be brewing.
The 2017 rally was fueled by retail hype and early-stage speculation. Today's crypto landscape is more developed, featuring institutional players, regulated platforms, and widespread blockchain adoption.
While a 13,000% gain seems unlikely in this matured environment, the chart pattern and accumulation data still point to meaningful upside potential — especially if broader market conditions stay supportive and Bitcoin maintains its momentum.
Saad Ullah
