A recent analysis suggests the possibility of XRP price increase based on its historical performance in 2017-2018. This scenario examines that even a small portion of past achievements could significantly influence the token's price.
Historical XRP Growth in 2017-2018
XRP saw its most dramatic price increases during the 2017-2018 bull market. During this period, the token surged from about $0.005 in March 2017 to a peak of $3.31 on Bitstamp in January 2018. The cumulative increase during that time is often expressed as approximately 66,100%, a figure frequently cited when discussing potential fractal repeats or partial recurrences of that cycle.
Reasons for XRP's Decline in 2020-2021
In the 2020-2021 altcoin surge, many competing tokens achieved new highs, but XRP did not perform similarly. Market observers attribute this underperformance primarily to regulatory limitations and exchange-related actions, particularly the delisting and the enforcement action initiated against Ripple in December 2020. These developments constrained liquidity and institutional engagement for XRP during a period when overall market conditions were favorable.
Growth Scenarios and Price Projections
The analysis suggests that if XRP were to replicate just 10% of its 2017 rally, it could lead to a price of around $212. Alternatively, if the rally began from $0.50 in November 2024, a point some analysts believe could mark the start of a 2017-style fractal, the result would be about $33.55. However, industry experts emphasize that achieving such outcomes may be unlikely without significant liquidity, regulatory clarity, and sustained institutional adoption.
Numerical exercises illustrate the potential scale of price changes for XRP but should be considered as hypothetical illustrations rather than near-term forecasts. Fundamental shifts in market structure and conditions are necessary to achieve such stated price levels.
