- XRP is undergoing a historical 3-month consolidation, mirroring its 2017 price setup.
- Analysts highlight a year-long accumulation phase, testing holders’ patience and market resilience.
- Potential upside could see XRP reaching $8, a 263% gain from current levels if patterns complete.
XRP appears to be repeating a pattern last seen during the cryptocurrency’s 2017 bull run. According to ChartNerd, the token is now in a three-month “cool-off” period, similar to the setup that preceded a 25x rally eight years ago.
The current consolidation is testing XRP’s three-month 20-EMA, currently around $1.20, a critical support level. Bulls are expected to maintain control unless prices close below this mark, which would undermine the potential setup.
The situation in 2025 is larger in size but follows the same pattern as in 2017. In 2017, there was a historic increase of 25x, but the current scenario could still go at least 10x, according to experts.
The reasons are XRP’s historical resistance levels, SEC regulatory pressure, as well as the low high formed in 2021. Traders are closely monitoring the zone around $2, which serves as both a psychological and technical support.
Also Read: XRP Price Surges as Spot ETFs See Record $164M Inflows
Accumulation and Wyckoff Patterns Signal Patience
Popular analyst Charting Guy stated that current sideways action is proving to be a test of patience for XRP investors.
Traders have been folding under pressure and selling during the sideways activity, while heavy buyers continue to accumulate XRP. XRP has formed a descending channel since July 2025, oscillating between $2.90 and $3.67.
It combines the Wyckoff Accumulation Scheme and Market Action because it illustrates Market manipulation and the Accumulation phase of XRP in stage two, leading up to the market breakout.
The pattern started at a small supply in December 2024 at $2.90 and proceeded to a buying climax in January 2025 at $3.39. The increase in July, the false breakout from the climax, could result in an impulse or an actual rapid increase in the price of the token.
Key support positions at which prices can develop in importance include strong support to test previous highs in January and final support retreat.
Potential Upside Could Push XRP to $8
If the pattern of the Wyckoff Accumulation holds true, XRP can go up quite dramatically. Charting Guy has projected an all-time high at $8, up from its current level of $2.20, a whopping 263% increase.
There are other analysts in the marketplace who feel the same way about XRP, such as the Bearable Bull, who pegged $8 as a target level in the next phase of XRP.
Also Read: XRP Stabilizes at $2.20 With Bold Bullish Signals Across Key Indicators
