The last time XRP recorded five straight red monthly candles was between October 2016 and February 2017. During that period, the price slipped from $0.00885 to $0.00557, a decline of 37%, before finding a bottom near $0.0055 in March 2017. By May 2017, XRP had surged to $0.3988 — a gain of 7,000% in just two months.
After consolidating through the summer, the token climbed again, eventually reaching $3.31 in January 2018. From its March 2017 low, that marked a 60,000% increase.
Daodu noted that the current setup “rhymes” with the 2016–2017 structure: five consecutive months of declines, tightening price action, and signs that selling pressure may be exhausting itself. However, he cautioned that the market environment has changed dramatically since XRP was “a micro‑cap token.
In 2017, XRP’s total market value was less than $300 million. Daodu pointed out that at that level, even a few hundred million dollars in new capital might raise the price by thousands of percentage points.
250% Rally Still In PlayStill, Daodu argues that while a repeat of the 2017 explosion is off the table, a meaningful recovery remains within reach if the bottoming pattern holds.
A return to XRP’s July 2025 high of $3.65 would represent a gain of about 157% from current levels. A move toward $5 — near the upper range of analyst forecasts for 2026 — would amount to a 252% increase.
The key difference in this cycle, according to Daodu, lies in the source of demand. The explosive rally of 2017 was largely driven by retail speculation.
While another 60,000% run is unrealistic, Daodu believes a 150% to 250% advance is achievable if momentum shifts and capital returns to the sector.
Featured image from OpenArt, chart from TradingView.com
