My dear reader, it seems we have a curious case unfolding in the world of cryptocurrency-one that calls for both caution and excitement. A certain crypto analyst by the name of Steph, whose talents surely could have dazzled in any era, has presented a most intriguing comparison between the bullish behaviour of XRP in 2017 and its current position in 2025. A most daring claim, indeed!
In an audacious post on the social media platform X (a name that might have been coined with less creativity), Steph graciously shared “The $XRP playbook” which suggests that we are, once again, witnessing an accumulation phase quite reminiscent of that which heralded the mighty breakout of 2017. The very idea! The technical analysis (which we shall trust, as we trust our most dependable confidantes) suggests that XRP’s current consolidation near the $2 mark could be but the calm before the storm. If history repeats itself, an explosive rally might be waiting just beyond the horizon. But let us not get ahead of ourselves, dear reader, as the story is far from finished.
XRP Might Repeat The 2017 Blueprint
The past few days, dear compatriots, have seen XRP trying ever so earnestly to breach the $2.5 threshold. A rather delightful sight, one might say, especially following a rather alarming flash crash the previous week, which sent the token tumbling like a wayward carriage. But fear not, for from this descent emerged a strong downside wick on the daily timeframe, suggesting a rather swift recovery from what could have been a most unfortunate mishap.
Interestingly, if we peer into the annals of history, we find that XRP has danced this very waltz before. Back in 2017, the token spent many months drifting in a rather unremarkable sideways motion before leaping into a parabolic ascent that caused it to soar-much like a butterfly from its cocoon-turning it into one of the finest performers in the cryptocurrency realm that year. A truly captivating spectacle.
As Steph has so kindly pointed out, the technical analysis of 2017 shows a very similar price action to what we are currently observing. The chart she has provided captures the slow accumulation in early March 2017, followed by an almost vertiginous rise that propelled the token from mere fractions of a cent to over $3 in the blink of an eye. Oh, how history does love to repeat itself! Or perhaps, simply rhyme? Let us take a look at the chart, as it paints a picture more vivid than any words could muster:
It seems, from Steph’s delightful chart, that the upward curvature beginning in February 2017 was the launchpad for XRP’s magnificent rally. And so, one must wonder-could it be that the very same playbook is being written once again? Only time, and perhaps a touch of fortune, will tell.
2025 Setup: The Calm Before The Storm
Now, let us turn our gaze to the right side of the chart, where the current price action of XRP in 2025 unfolds. Here, we find that the token has been performing a most elegant dance, oscillating around the mid-$2 range, forming what appears to be a rounded bottom pattern. Oh, how graceful! According to Steph’s own musings, November and December may prove to be pivotal months. Could this be the turning point we’ve all been waiting for? Time will reveal.
Steph’s projections show XRP consolidating between $2.5 and $3 for the coming weeks before embarking on what promises to be a most vigorous ascent. A climb, perhaps, that will see the price break above $3 and continue onward, reaching heights far above its current range. According to the chart, a price of $24 is within the realm of possibility. Just imagine it-$24! If this scenario plays out, it would be a most extraordinary appreciation in price, one that would make even the most stoic investor raise an eyebrow in surprise. 😲
It is worth noting that Steph is not alone in her assessment. Another analyst, known as ChartNerd (a moniker that sounds rather like something from a tale of old), has made a similar prediction, positing a potential breakout to $13.5 should XRP repeat its 2017 rally. How curious! One can only hope that such predictions come to fruition, and perhaps even surpass expectations.
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2025-10-23 04:25