Peter Smith
A familiar pattern may be emerging for XRP. Recent analysis comparing today's market structure to 2017 reveals remarkable similarities to the period just before XRP's legendary surge past $3. With Evernorth's massive $1 billion XRP purchase ahead of its Nasdaq listing adding institutional weight to the mix, many believe the digital asset could be setting up for another explosive cycle.
2017 Blueprint Meets 2025 Reality
According to a chart shared by 𝓐𝓶𝓮𝓵𝓲𝓮, XRP's 2017 rally unfolded in three clear phases: a breakout from a long-term descending trendline, a consolidation zone where traders took profits, and then a parabolic rally that rocketed XRP from under $0.01 to over $3—one of crypto's most explosive moves ever.
Fast forward to 2025, and the chart suggests XRP is following that exact same playbook, just at a bigger scale. After breaking out of its long-term downtrend and hitting $2.48, XRP has entered what looks like a re-accumulation phase. If history repeats, this consolidation could be setting the stage for a second wave targeting anywhere from $7 to $12.
The pattern is almost identical: descending breakout, strong initial wave, sideways accumulation, then a vertical climb.
Evernorth's $1B Buy Adds Momentum
Adding fuel to the fire, financial infrastructure firm Evernorth reportedly scooped up $1 billion in XRP ahead of its planned Nasdaq debut. This isn't just noise—it signals serious institutional interest and removes a significant chunk of circulating supply. For many traders, it's confirmation that smart money is positioning early, and the move aligns perfectly with the bullish technical setup already forming on the charts.
Key Takeaway: Both the 2017 and 2025 charts show the same sequence—a trendline break, a first wave up, and a consolidation phase before the next leg higher. If the pattern holds, XRP could be gearing up for its most significant move in years.
Peter Smith
