Saturday, August 9, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

XRP Price Surge: History Repeating Itself? Analyst Forecasts Double the Gains of 2017 Breakout

Irene Mukiri by Irene Mukiri
January 31, 2025
in Binance Feed, Market
Reading Time: 4 mins read
XRP Price Surge History Repeating Itself Analyst Forecasts Double the Gains of 2017 Breakout
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • XRP’s market behavior mirrors 2017 breakout, suggesting significant upside potential.
  • Retail adoption surges, with small wallet growth fueling XRP’s market momentum.
  • Inflows surpass outflows, signaling potential for renewed upward price movement.

XRP has recently experienced a significant uptick in its market activity, with an intriguing pattern formation that resembles the 2017 breakout. Analyst JAVON MARKS highlights that this new breakout is larger, more than double the size of its previous formation, which eventually led to two target prices being met. XRP’s price has now hit its first target, and the next goal could be as high as $99, a 2,900% increase from its current position.

In simple form, $XRP broke out of a pattern that highly resembles the 2017 pattern, but in a much larger form, more than DOUBLE the size!

The 2017 breakout resulted in two targets met.

Prices of XRP has just met its first target and the next is at $99, over 2,900% away… https://t.co/liX2YgxqAm pic.twitter.com/CgQDHBLl4y

— JAVON⚡️MARKS (@JavonTM1) January 31, 2025

Related articles

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

August 2, 2025

Retail Adoption Drives Market Behavior

Retail interest in XRP has surged, reflecting a broadening adoption of the asset. According to data from Santiment, the number of wallets holding fewer than 100 XRP has seen a sharp rise in recent months. 

📈 Since its dip 3 days ago, XRP's market cap has quickly rebounded +13.4%. 4.34M non-empty wallets currently hold less than 100 XRP (currently $313 or less). This is approximately 71.5% of the 6.07M total non-empty wallets currently sitting on the XRP Ledger. pic.twitter.com/ANl9XkBCze

— Santiment (@santimentfeed) January 30, 2025

In just two months, these small wallets grew by 11.6%, marking the fastest and most sustained increase in XRP’s history. This surge now accounts for 71.5% of the total non-empty wallets, with 4.34 million smaller wallets out of the 6.07 million total. This is significant because it indicates growing retail engagement, a factor that could contribute to the asset’s long-term stability and price appreciation.

Momentum Shifts and Market Indicators

The price of XRP recently surged by 85%, reaching a high of $3.15, before settling at $3.07. During this period, the price fluctuated between $3.05 and $3.15, showing a healthy amount of market activity. 

XRP/USD daily price chart, Source: TradingView

However, the momentum has recently slowed, with some bearish indicators emerging. XRP’s Relative Strength Index (RSI) is currently at 59.05, placing it in the neutral zone. Although there are no immediate overbought or oversold signals, the trend is slightly downward.

Furthermore, the Moving Average Convergence Divergence (MACD) line is now positioned below the signal line, suggesting a bullish momentum. Despite these signals, the price remains above $3, reflecting the possibility of further upward movement.

Inflows and Outflows: Market Sentiment Shifts

Source: Coinglass

XRP’s market dynamics have seen a notable shift in recent weeks, particularly in terms of inflows and outflows. After experiencing heavy selling pressure, marked by outflows of over $200 million in late December, XRP has witnessed a period of accumulation. 

Notably, large green net inflows were recorded in late November and early January, which coincided with price surges above $3. This shift in market sentiment could signal the beginning of another upward momentum phase for XRP.

Tags: Price AnalysisRipple (XRP) News

Related Posts

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

by Munene Timothy
August 4, 2025

Pump.fun's token supply lags at 21.43% of LetsBONK’s, pushing its market share down to 22.2% amid changing user preference. LetsBONK...

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

by Munene Timothy
August 2, 2025

XRP trades above key $2.95 support with bearish MACD and neutral RSI; price action suggests short term consolidation. Price remains...

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

by Veronicah Peninah
August 2, 2025

ETH currently trades at $3,489.96, with recent price action forming a discount zone of 10%–30% from local highs. Ethereum’s price...

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

by Irene Mukiri
August 2, 2025

SEC’s Project Crypto aims to modernize outdated rules for blockchain innovation U.S. positions itself to lead global digital finance with...

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

by Jonathan Carls
August 2, 2025

Thin liquidity enables massive XRP price jumps with minimal capital inflows Market cap multipliers reveal how $10B could drive XRP...

Load More

Recent News

  • Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
  • XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
  • Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
  • Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets
  • XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

Popular News

  • KEKIUS Price Prediction for June 2025 Signs of Weak Momentum and Accumulation Battle

    KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    205 shares
    Share 82 Tweet 51
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    202 shares
    Share 81 Tweet 51
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    202 shares
    Share 81 Tweet 51
  • SUI Price Breakout or Fakeout? What Chart Patterns Are Saying

    201 shares
    Share 80 Tweet 50
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    202 shares
    Share 81 Tweet 51

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
August 2, 2025
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
August 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact