XRP’s Price Pattern Mirrors Its 2017 Bull Run, Pointing to a Potential $9.90 Target

robot
Abstract generation in progress

XRP’s recurring market patterns mirror past bull cycles, signaling potential growth toward $9.90.

Fibonacci extensions and long-term trendline strength reinforce XRP’s ongoing upward momentum.

Active holder participation and rising market volume support sustained bullish sentiment in XRP.

XRP has maintained a consistent upward trend, reflecting a structure similar to its previous bull cycle. Analysts are observing that due to these recurring patterns, XRP could reach $9.90 in its next upward move. That represents an increase of over 309% from the current trading price of $2.45.

Historical Market Patterns and Current Price Behavior

According to an analysis prepared by Javon Marks, XRP’s price structure between 2014 and 2025 displays strong similarities to past market cycles. The historical data shows multiple accumulation and breakout phases, with XRP forming rounded bases and maintaining a long-term ascending trendline

The first major rally occurred in 2017, when XRP surged from $0.005 to above $3 before entering a lengthy corrective period. A second major rise took shape in 2021 as XRP established a higher support base and began consolidating near the 1.2 Fibonacci level

Fibonacci projections on the current chart identify potential extension targets at 1.618, 2.618, and 3.618 levels, placing the next primary target near $9.90. Marks noted, “Due to the extreme similarities in XRP’s price structure to a previous bull run, $9.90 looks to be up next for prices to push, and they may not stop there.”

Current Market Data and Trading Activity

As per the CoinMarketCap data, XRP is trading at 2.45 which is a 1.65 percent gain over the past twenty-four hours. It has a market capitalization of $147.15 billion, and its daily gain is 1.72% and the trading volume is $3.38 billion. The fully diluted valuation is $245.17 billion, with a total supply of 99.98 billion XRP.

Source: CoinMarketCap

Holder data records 483.46 thousand active addresses, confirming consistent participation. Market trends show buyers regaining control after early intraday declines, as prices rebounded from $2.41 to $2.45

The overall price structure indicates sustained upward momentum, supported by long-term trendline strength and historical resistance turning into support. On the trend of the previous cycles and current data tendencies, XRP is still showing a possibility of further growth to projected Fibonacci levels.

The post XRP’s Price Pattern Mirrors Its 2017 Bull Run, Pointing to a Potential $9.90 Target appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

XRP5.9%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)