On December 8, crypto analyst Cryptollica shared a new two-week XRP/USD chart on TradingView, suggesting the altcoin might be following the same pattern that led to its massive 2017 rally. The analysis focuses on the key $1.95 level, with technical targets pointing as high as $9 to $13.
Could XRP Repeat the 2017 Pattern?
The chart uses long-term data from Binance, with the latest candle showing XRP trading around $2.09. The analyst compares two cycles: 2014–2017 on the left and 2021–2025 on the right. Each is split into three parts labeled “Part 1,” “Part 2,” and “Part 3.”
Cryptollica notes that the 2014–2017 cycle appears nearly identical to the current one from 2021 onward. In both, Part 1 is an accumulation phase, where XRP trades below a blue resistance band while forming higher lows. The current accumulation phase (roughly 2022–2024) has lasted longer than the previous one, which the analyst sees as building greater potential energy for a future move.
Part 2 is the breakout and retest of that blue resistance zone. A decisive close above it, followed by consolidation, would confirm the end of the downtrend and the start of a bull market. Cryptollica believes XRP is in the final stages of this phase or has just completed it.
The $1.95 level, marked in green, is highlighted as critical. The classic technical principle states that broken resistance becomes support, so XRP holding above this level is viewed as a key confirmation for the uptrend to continue.
If that holds, the analysis points to Part 3: the “Parabolic Rise – Discovery Phase.” In 2017, this led to a near-vertical climb to all-time highs. Cryptollica suggests XRP is now “on the precipice” of a similar move. The first target would be the previous all-time high zone around $3.30–$3.84. If the 2017 pattern repeats exactly, the implied target range is $9.00 to $13.00.
The analyst adds several cautions. The crypto market is much larger now than in 2017, so reaching a $10+ price would require a massive market capitalization, making an identical repeat mathematically harder—though “logic often takes a backseat in crypto mania.” Supportive fundamentals, such as regulatory clarity, potential ETF developments, and Ripple’s stablecoin plans, would also be needed. Parabolic phases often include sharp 30–40% drops, making them risky for leveraged trading.
Overall, the outlook is described as “extremely positive (bullish)” as long as XRP holds above $1.95 support. If market conditions remain favorable, double-digit price targets are considered technically possible.
At the time of writing, XRP is trading at $2.07.
Frequently Asked Questions
Frequently Asked Questions About XRPs Potential Breakout
Beginner Questions
Q What does it mean that XRP is at a crucial stage or breaking out
A It means the price is testing a key resistance level it has struggled to pass before A successful breakout would mean the price moves above this level potentially starting a new stronger upward trend toward the mentioned targets
Q Where are people getting the 9 to 13 price target from
A Analysts often use historical chart patterns and technical analysis tools This target range is typically based on measuring the size of a previous consolidation pattern and projecting it upward from the breakout point
Q Is this a guarantee that XRP will reach 9
A No it is not a guarantee Price targets from chart analysis are projections not certainties They are based on historical patterns but the crypto market is highly volatile and influenced by many external factors like news regulations and overall market sentiment
Q Im new to crypto What is XRP
A XRP is the digital asset used within the Ripple network which is designed for fast lowcost international money transfers and currency exchanges between financial institutions
Q Whats the best way to follow this potential breakout
A You can monitor the price on major cryptocurrency exchanges or charting websites Look for the price to sustainably move above the key resistance level often around 075080 with high trading volume
Advanced Practical Questions
Q What specific chart pattern is suggesting this breakout
A Analysts are often referring to a multiyear symmetrical triangle or cup and handle pattern that XRP has been forming since its 2018 alltime high The breakout from this longterm consolidation is what points to the higher targets
Q What are the main risks that could invalidate this bullish outlook
A Key risks include 1 A failure to break and hold above the crucial resistance 2 Negative developments in Ripples ongoing legal case with the SEC 3 A major downturn in the overall crypto market and 4 Low buying volume on the breakout attempt