XRP is poised to close its fifth consecutive month in the red, a prolonged downturn not seen since late 2016. Despite holding around $1.30, the token has fallen nearly 30% in February alone, extending a five-month decline of roughly 50%.
This pattern is flashing a potential pre-bull run signal. The last time XRP saw five straight monthly losses was between October 2016 and February 2017. After a 37% decline during that period, the price found a bottom and then surged 7,000% by May 2017. Following a consolidation phase, it eventually climbed to $3.31 in January 2018—a 60,000% increase from its March 2017 low.
Market analyst Sam Daodu examined this comparison in a recent report, noting the current setup “rhymes” with 2016–2017: consecutive monthly declines, tightening price action, and signs of waning selling pressure. However, he cautions that the market context has changed drastically. XRP was a micro-cap token in 2017 with a market value under $300 million, where modest inflows could drive astronomical gains. Today, with a market cap of about $88 billion, a 60,000% rally is virtually impossible.
A comparable surge would imply a price near $852 per token and a market cap exceeding $49 trillion—more than the combined value of all stocks on the NYSE. While a repeat of 2017 is off the table, Daodu argues a meaningful recovery is still possible if the bottoming pattern holds. A return to the July 2025 high of $3.65 would be a 157% gain, while a move toward $5—within some 2026 forecasts—would represent a 252% increase.
More conservative projections also suggest upside. Standard Chartered recently lowered its XRP target to $2.80, which would still imply a roughly 97% rise from current levels.
The key difference this cycle, according to Daodu, is the source of demand. The 2017 explosion was driven by retail speculation, whereas any substantial gains now would likely depend on institutional flows—such as potential ETF inflows, broader adoption, and a wider crypto market recovery. While another historic run is unrealistic, Daodu believes a 150% to 250% advance is achievable if momentum shifts and capital returns to the sector.
Frequently Asked Questions
Of course Here is a list of FAQs about the topic History Repeating XRP Shows a Pattern Similar to Its Previous 60000 Surge designed to be clear and helpful for a range of readers
Beginner Core Concept Questions
1 What does History Repeating for XRP even mean
It refers to the idea that the current price chart pattern of XRP looks mathematically similar to the pattern it formed in 2017 just before its historic price surge from around 0006 to over 380
2 Did XRP really go up by 60000
Yes but context is key That massive percentage gain happened from its lowest point in early 2017 to its alltime high in January 2018 Most investors who bought during that run did not capture the full 60000 they saw smaller gains
3 What is a chart pattern and why do traders care
A chart pattern is a recognizable shape formed by the movement of an assets price on a graph over time Traders study them to identify potential trends like consolidation before a big breakout which can signal future price movement
4 Is this a guarantee that XRP will surge again
No it is not a guarantee Chart patterns are tools for identifying possibilities not certainties Past performance never guarantees future results especially in the highly volatile cryptocurrency market
Advanced Market Analysis Questions
5 What specific pattern are analysts comparing now to 2017
Analysts are primarily pointing to a multiyear symmetrical triangle or consolidation pattern After a major price spike XRP entered a long period of downward and sideways movement forming a triangle shape The current patterns structure and duration are seen as eerily similar to the setup before the 2017 explosion
6 Besides the chart what fundamental factors are different now vs 2017
The biggest difference is regulatory clarity In 2017 XRP operated in a grey area In July 2023 Ripple achieved a major partial legal victory against the SEC which provided much clearer regulatory status for XRP in