Crypto analyst Xoom has presented an interesting comparison of XRP's current behavior with the past, suggesting that the asset could repeat its historical rally.
Reviewing Historical Performance
Analyzing the chart shared, one can observe two consolidation phases of XRP: the first took place in 2017, when the asset traded within a tightening range before a significant price surge. This surge began from below $0.01 and peaked at $3.36, highlighting the strength of the asset.
The Current Setup
Currently, XRP displays a consolidation similar to that observed after the 2017 breakout. The asset spent much of 2025 within a horizontal channel, recently strengthening to reach a new all-time high of $3.65. The current fluctuations beneath this level resemble the situation preceding the dramatic rise in 2017.
What’s Next for XRP?
The potential for XRP to follow past dynamic patterns has been noted by the analyst. A breakout above the resistance level at $3.65 could open the door to higher prices. Analysis indicates that if the asset surpasses this level, significant gains in the market are probable, potentially even towards double digits.
Thus, the current behavior of XRP captures the interest of analysts, and if trends from 2017 were to repeat, it could signify substantial growth for the asset in the coming months.
