Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats

Analyst Predicts 10x Rally For XRP Price If THis Trend Repeats

Source: NewsBTC

Published:09:00 UTC

BTC Price:$90649

#XRP #Bullish #Crypto

Analysis

Price Impact

High

A crypto analyst predicts a potential 10x rally for xrp, drawing parallels to a 2017 bullish pattern. this, combined with strong fundamental developments like rlusd's rapid growth and institutional adoption, suggests a significant price movement.

Trustworthiness

Med

The news source emphasizes strict editorial policy and review by industry experts. the prediction itself comes from an analyst using historical chart patterns, which offers a technical basis, but all predictions carry inherent risk and are not guaranteed.

Price Direction

Bullish

Analyst chartnerd predicts a 10x rally if a 2017 pattern of a 3-month cool-off period followed by a significant surge repeats. bullish fundamentals like rlusd crossing $1 billion market cap and adgm allowing rlusd as collateral also support a major run.

Time Effect

Long

The prediction references a 'bull cycle' (specifically '2025 bull cycle') and a '3-month cool-off period' followed by a 10x move, indicating a longer-term unfolding of this price action, not an immediate event.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Crypto analyst ChartNerd has predicted that the XRP price could rally 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally. XRP Price Could Rally 10x If This 2017 Pattern Plays Out In an X post , ChartNerd predicted that the XRP price could rally 1,000% if a bullish pattern from the 2017 bull cycle plays out. The analyst noted that during the 2017 euphoric run, the altcoin had a 3-month cool-off period where it successfully dropped towards its 3-month 20-EMA for a retest before a 25x move to the upside. Related Reading Analyst Says Get Ready For XRP Price Above $4 This Cycle 1 day ago ChartNerd revealed that the XRP price has now witnessed the exact same set-up in this 2025 bull cycle . The altcoin recorded a huge breakout last year and is now seeing a 3-month cool-off period towards a 3-month 20-EMA retest. The analyst stated that if history is set to repeat, XRP could see a 10x upside move, signaling a blow-off top. Source: Chart from ChartNerd on X The analyst also alluded to the 2021 lower high, which he noted ties up with both the monthly candle close highs from 2017 and also the SEC lawsuit , which is believed to have suppressed the XRP price during the 2021 cycle. ChartNerd added that to invalidate this potential rally, XRP will need to close below its 3-month 20-EMA at $1.20. Until then, he noted that the bulls remain in control. Meanwhile, ChartNerd outlined $8, $13, and $27 as the potential top-out points for the XRP price. Notably, a rally to any of these price targets will mark a new all-time high (ATH) for the altcoin. Crypto analyst Egrag Crypto had also previously predicted that XRP could reach $27 in this bull run if it mirrors the 2017 price action. XRP Could Be The Next Crypto To Record A Major Run Market commentator Milk Road suggested in an X post that the XRP price could soon record a major run. The platform cited bullish fundamentals for the altcoin, including the fact that RLUSD crossed $1 billion in market cap in record time. The run to this milestone is said to be faster than almost any stablecoin Ripple has ever pushed. Related Reading Analyst Predicts XRP Price Will Hit $100 Before Bitcoin Hits $1 Million 1 day ago Furthermore, Milk Road noted that Abu Dhabi’s ADGM has opened the door for institutions to use RLUSD as real collateral, which is also bullish for the XRP price. The market commentator stated that global liquidity with regulated on-ramps could mean the kind of flows that crypto hasn’t seen in months. It is also worth noting that XRP is seeing significant flows into its ecosystem through the U.S. spot ETFs. At the time of writing, the XRP price is trading at around $2.18, down in the last 24 hours, according to data from CoinMarketCap. XRP trading at $2.18 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com