• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic

May 6, 2026
in Bitcoin
Reading Time: 3min read
0 0
A A
0
XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic
0
SHARES
2
VIEWS
ShareShareShareShareShare

Analysts are predicting an explosive surge in XRP’s price this year, comparing the current cycle to the 2017 bull market. According to a recent forecast, XRP’s chart structure is replicating the bullish patterns that preceded its historic 2017 rally. Experts believe that if this historical trend plays out perfectly, the XRP price, which has been trending downward for months now, could go parabolic.

XRP Price Mirrors Bull Setup From 2017 Rally

@Cryptocupra, a market analyst on X, is sounding the alarm about a major bullish move he believes could soon take place in XRP’s price. In a video analysis shared on May 4, the expert forecast that XRP could soon go parabolic, citing historical chart patterns from the 2017 cycle.

Related Reading

The analyst drew comparisons between XRP’s price action in 2026 and its movements in 2017. According to @Cryptocupra, XRP is currently displaying the exact structure and setup that had led to its parabolic rally in 2017. At the time, the cryptocurrency was trading around $0.006. However, it broke out of lower levels and rallied, extending its bullish run until it hit an all-time high above $3.84 in 2018.

@Cryptocupra’s video chart further shows that in 2017, XRP broke out of a descending triangle pattern before launching into a rally. The chart shows that XRP had been trending downward for months inside this narrow triangle before breaking out to the upside.

@Cryptocupra reveals that this same triangle pattern has appeared in the 2026 cycle, reinforcing his bullish outlook for XRP this year. The chart shows that after the cryptocurrency surged above $3.5 in 2025, it began to trend downward and eventually formed a descending triangle. Since then, XRP has been trading in the red, steadily declining even as other cryptocurrencies surged. 

Notably, if XRP can break out as it did in 2017, @Cryptocupra believes its price could surge, turning many holders into millionaires. He predicted that all that’s left is a final shakeout before a trend reversal to the upside begins, triggering the projected price explosion.  

Analyst Says XRP At $10-$20 Still On The Table

In a separate analysis, market expert Crypto Patel forecasted that XRP’s potential rally toward the $10 to $20 range was “absolutely” still on the table. Despite the cryptocurrency currently trading around $1.4 after months of decline and muted price action, the analyst maintains a solid bullish outlook, citing past price performance and achievements.

Related Reading: Analyst Shares ‘Realistic Stance’ For XRP, But Is It The End Of The Road?

He noted that despite market participants calling XRP a dead coin in 2023, the cryptocurrency jumped from $0.006 in 2017 to over $3 in 2018. He said that XRP also skyrocketed from $0.50 in November 2024 to over $2.60 in just 30 days. 

Source: Chart from Crypto Patel on X

As a result, Crypto Patel believes that a surge to $10 is closer than ever, highlighting a critical accumulation zone between $0.70 and $1.10 for XRP. He believes that this parabolic rally will likely be fueled by the cryptocurrency’s underlying network, which he says is 1,000x faster than Bitcoin, 99% cheaper than Ethereum, and already being used by global banks. 

XRP
XRP trading at $1.44 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Credit: Source link

ShareTweetSendPinShare
Previous Post

XRP Price Prediction: Bull Flag Forming as Bull Run Style Rally Coils

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You might also like

Zcash Hits New YTD High As Multicoin Discloses ZEC Bet

Zcash Hits New YTD High As Multicoin Discloses ZEC Bet

May 6, 2026
Survey Finds Majority Distrusts Donald Trump on Crypto Oversight Despite Pro-Industry Push

Survey Finds Majority Distrusts Donald Trump on Crypto Oversight Despite Pro-Industry Push

May 5, 2026
Dogecoin Breaks Out Strong: Bullish Structure Aligns For More Upside

Dogecoin Breaks Out Strong: Bullish Structure Aligns For More Upside

May 6, 2026
Bitcoin Addresses Holding Between 100 and 10,000 BTC Hit a 7-Week High

OFAC $344M Crypto Seizures Questioned: Analysts Suggest Non-Iranian Links

May 3, 2026
AAVE Price Prediction: Testing $240 Breakout with $280 Medium-Term Target Despite Bearish Momentum

AAVE Price Prediction: $98-105 Recovery Rally Within 14 Days Despite Current Weakness

May 1, 2026
Bitcoin Spot CVD Surges 199% as Institutional Inflows Re-Accelerate

Bitcoin Spot CVD Surges 199% as Institutional Inflows Re-Accelerate

May 1, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic

XRP Price Is Replicating The 2017 Trend And The Implications Are Parabolic

May 6, 2026
XRP Price Prediction: Bull Flag Forming as Bull Run Style Rally Coils

XRP Price Prediction: Bull Flag Forming as Bull Run Style Rally Coils

May 6, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.