If This History Repeats, Analyst Expects XRP to Hit $23 in August
2025-07-19 07:52:08
Main Idea
An analyst suggests that XRP may replicate its 2017 price pattern, potentially reaching $23 by August 2025, based on historical technical analysis.
Key Points
1. Crypto Ninja (@Crypto_Ninja007) highlights a technical pattern in XRP's price action resembling the 2017 setup that preceded its all-time high.
2. The analysis projects a potential rise to approximately $22.70 by August 1, 2025, mirroring the 2017 breakout structure.
3. XRP's current price action from 2021 to 2025 shows similarities to the 2014-2017 symmetrical triangle formation.
4. A move to $22.70 would represent a nearly 530% increase from XRP's current price.
5. Market conditions and regulatory clarity could contribute to XRP's potential surge, though the analysis is presented as data-driven speculation, not financial advice.
Description
A recent technical analysis shared by Crypto Ninja (@Crypto_Ninja007) suggests that XRP may be repeating a pattern last seen in 2017, which could indicate a significant price movement in the coming weeks. The chart shows a familiar setup that preceded XRP’s historical rally to its all-time high in early 2018. If history follows a similar trajectory, the projection points toward a potential rise to approximately $22.70 by August 1. Crypto Ninja emphasized this is not a prediction but an observati...
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