A crypto market analyst has suggested that XRP appears to be forming “one of its most significant multi-year structural patterns to date,” which could lead the altcoin to a rally similar to its 2017 expansion.
XRP Eyes 2017-Like ExpansionSince then, XRP has resembled its pre-2017 performance, where the cryptocurrency experiences significant advances after retesting its ascending support, followed by sharp corrections within descending channels.
As the chart shows, the altcoin recorded a 10x move between 2020 and 2021, which was followed by the 2022 bear market. After bottoming, XRP saw another 2x rally before retesting the trendline for the first time. The price then rallied another 6-7x between late 2024 and mid-2025, leading to the July all-time high (ATH) of $3,65.
“If XRP respects this pattern into late 2026, this is where we could potentially create the third retest, which is what we saw in the early cycles before the expansion in 2017,” the analyst asserted.
He also added that “if we are repeating this sort of multi-year cycle from before, just on a larger scale here, then this could be one of the largest structural phases where XRP is building a base and waiting for the leg up.”
Consolidation Until Late May?So, you can see, since we actually formed the base back here in February, we worked down to $1.11, created the resistance, which came back to create this ascending level of support roughly at $1.28. Then we’ve seen this break up to sort of $1.50, and we’ve now pulled back to the support line once again.
Ultimately, the market observer suggested that “as long as we respect the trend line and continue to defend ascending support (…), it’s looking for a retest back towards sort of $1.50 in the short term.”
