- XRP mirrors 2017 fractals, hinting at a breakout after 190-day consolidation.
- Analysts eye $2 retest as potential springboard for XRP’s next bullish phase.
- Multi-year pattern suggests XRP could surge 1,800% to a $38 target zone.
XRP may be on the verge of ending its prolonged consolidation phase, according to analysts tracking historical price patterns. Market expert Xoom believes the digital asset could break out within the next two to four weeks.
His perspective draws from XRP’s 2017 market cycle, which displayed a similar trend of delayed growth before an explosive rally. Currently, the altcoin’s price behavior appears to mirror the same fractal that preceded XRP’s historic climb to $3.80. While investor sentiment remains cautious, the growing alignment with historical movement is capturing attention.
Historical Fractals Suggest Familiar Patterns
In 2017, XRP rallied from $0.0055 to nearly $0.40 before slipping back into a consolidation period that lasted 210 days. Following this pullback, XRP skyrocketed to its all-time high in January 2018.
Interestingly, XRP’s current price action bears resemblance to that sequence. After rising sharply from $0.50 in late 2024 to $3.40 in early 2025, the token faced heavy resistance and reversed course. Since then, it has entered a drawn-out consolidation phase that now spans roughly 190 days.
Besides this historical similarity, current market conditions could create a catalyst. If the 2017 cycle is any indication, the next few weeks could prove pivotal. Moreover, this consolidation isn’t just frustrating it may be necessary for the next leg up. Market liquidity, sentiment reset, and technical alignment could all be aligning behind the scenes.
Price Targets and Potential Scenarios
Although Xoom has not provided specific upside targets, he suggests XRP could dip to $2 before bouncing. This would allow the asset to gather liquidity and build momentum for a stronger move. At the time of writing, XRP trades at $2.15, down slightly over the past week. A drop to $2 would represent a modest 6% correction, possibly setting the stage for a much larger surge.
On the other hand, analyst Gert van Lagen projects a more aggressive upside. He sees XRP completing a multi-year double-bottom pattern that could propel it toward $38. That move would imply an 1,800% increase from the $2 range.
