Saad Ullah
XRP (Ripple) is entering what could be the most exciting part of its market cycle. Historical parallels point to the possibility of a parabolic rally reminiscent of the 2017–2018 surge, where the token rocketed to record highs before correcting sharply.
XRP Poised for Its Most Dramatic Phase Yet
The 2017–2018 cycle showed a clear five-wave structure, with the final wave ending in a sharp blow-off top above $3, followed by a steep decline as momentum faded.
Today's chart reveals a strikingly similar structure unfolding, with XRP having already advanced through four stages and the fifth parabolic wave now in focus. In a recent update, STEPH IS CRYPTO highlighted that "the best part of the cycle starts now," suggesting XRP may be gearing up for a repeat of its historic blow-off top - this time projected for 2024–2025.
The support zone sits around $2.50–$3.00, where recent consolidation has taken place, while the target zone ranges from $8 to $15, highlighted as the potential blow-off region. This projection aligns with historical halving-cycle dynamics, which often propel altcoins like XRP into late-stage rallies.
Why XRP Could Rally Strongly
Altcoins typically peak in the months following Bitcoin halvings, a pattern that appears to be repeating now. XRP's utility in cross-border settlements strengthens its fundamental case, while the community remains a powerful force in amplifying momentum during rallies. The repeated five-wave formation mirrors the 2017 run, adding credibility to bullish forecasts.
What's Next for XRP?
If the pattern holds, XRP could surge toward $8–$15 by 2025, echoing its 2017–2018 blow-off top. However, history also warns that parabolic peaks are followed by steep corrections, making timing crucial for investors. For traders, the message is clear: XRP may be approaching its most dramatic phase yet, but discipline will be essential once euphoria takes hold.
Saad Ullah
