Peter Smith
Crypto runs on cycles, and right now XRP looks eerily familiar. Back in 2017, it went absolutely parabolic, shocking everyone with gains that made millionaires overnight. Fast forward to today, and the charts are telling a similar story. The setup is simple but powerful. XRP is forming the same wedge pattern that preceded its 2017 moonshot, while Bitcoin builds toward what some are calling a $200K target. If both assets break higher together, we could be looking at the crypto rally of a lifetime.
The Chart That's Got Everyone Talking
A viral analysis from (X)=chi (R)esurrected (P)=rho shows XRP setting up for what could be the mother of all breakouts - potentially restoring prices that have been suppressed for years.
The weekly XRP chart reveals two identical scenarios:
- 2017's explosive wedge breakout that launched XRP into crypto legend status
- 2025's current consolidation that looks ready to crack wide open
Projected targets range from $3-$5 in the near term, with some speculative calls reaching $20+. Meanwhile, Bitcoin's own ascending wedge suggests it's building toward massive upside beyond $200K, which historically means altcoins like XRP tend to follow with even bigger percentage gains.
Why This Time Could Be Different
Ripple's legal battles are mostly behind them now. The regulatory cloud that hung over XRP for years has largely lifted, opening the floodgates for institutional money that's been sitting on the sidelines. Add in the growing belief that XRP has been artificially held down by external factors, and you've got a recipe for serious catch-up momentum.
Bitcoin's potential march toward six figures would likely trigger the kind of altcoin rotation that makes XRP shine. When BTC dominance peaks and money starts flowing into higher-risk, higher-reward plays, XRP historically delivers some of the biggest moves in crypto.
Of course, charts don't guarantee anything. XRP needs to actually break above key resistance levels around $1.50-$3.00 to make this vision reality. Regulatory surprises could still emerge, and crypto markets remain brutally volatile. The difference now is that many of the fundamental headwinds that held XRP back are finally clearing.
Peter Smith
