XRP Price Prediction: Analyst Spots 2017 Setup on XRP Chart – New All-Time High Could Be Days Away
2025-07-09 16:51:27
Main Idea
An analyst identifies a 2017 price pattern in XRP's current chart, suggesting a potential new all-time high (ATH) for XRP in the near future, possibly driven by upcoming SEC decisions on ETFs and improved market indicators.
Key Points
1. XRP's price has risen by 2.5% in 24 hours and shows positive weekly and fortnightly gains, with analysts predicting further growth.
2. Charting Guy highlights a similarity between XRP's 2017/18 price action and its recent performance, suggesting a potential repeat of historical trends.
3. Technical indicators like RSI and MACD show positive signals, indicating XRP could reach $2.50 soon and potentially $3 by Q4 2025.
4. Approval of XRP ETFs later in the year could significantly boost XRP's price and market performance.
5. The article notes that current market conditions differ from 2018, with increased cryptocurrency adoption potentially supporting XRP's upward trajectory.
Description
The XRP price has bounced by 2.5% in the past 24 hours, rising to $2.34 as the crypto market as a whole drops by the same percentage today. XRP is now up by 6.5% in the past week and by 7% in the past fortnight, with the altcoin also sitting on a 435% increase over the last 12 months. This is impressive performance, but some traders are expecting the coin to do even better things in the coming months, with one analyst on X – Charting Guy – pointing out that XRP’s chart this year is replicating t...
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