XRP Price Trends Up 1.76% as It Forms a Base Similar to 2017: Is Another Bullish Breakout Coming?

TLDR

• XRP price increased by 1.76% over 24 hours, reaching $2.10, with fluctuations observed throughout the day.
• Volume surged by 25.88%, indicating heightened market interest and active trading during the day.
• XRP’s current trend shows consolidation, similar to the base formation seen in 2017 before a breakout.
• The price is following a historical pattern, with phases of gradual growth leading to potential future gains.
• Analysts predict that XRP’s 2025 trend may mirror the +10x surge observed in 2017.

In the year 2017, the XRP price recorded a sharp uptick that carried it to another price level, from $0.005 to another with +10x. Currently, XRP price is following the same trend as it eyes another uptick that mirrors what happened in 2017.

XRP Price Trends Upward with 1.76% Increase

Tracking the ongoing price trend at the time of press, CoinMarketCap data reveals that XRP price experienced fluctuations throughout the day, reaching $2.10 with a 1.76% increase over 24 hours. Early movements show a decline in the price, followed by a steady recovery and a rise in value. During the day, the price fluctuated between $2.06 and $2.09, with noticeable intervals on the price chart indicating short-term market shifts.

As the day progressed, XRP price showed more volatility, particularly around midday when slight drops were observed, followed by quick rebounds. Volume increased by 25.88%, reflecting heightened market interest. This price behavior indicates active trading, with traders responding to changing market conditions throughout the day.

XRP Forms Similar Base in 2025, Mirroring 2017 Surge Pattern

As the XRP price starts to form a base for a bullish move, market analysts have noted a historical pattern that once led to a shoot. According to an observation by Steph is Crypto, in 2017, XRP experienced a notable price surge after forming a clear base from late 2016 to mid-2017. The price moved in a series of steady, compact waves, as marked by four key phases (1-4). The price gradually increased before a sharp breakout, reaching its peak. The same pattern appears to be forming in 2025, as shown in the history chart.

XRP price is currently going through similar phases, with a period of consolidation (phases 1 to 3) followed by a potential breakout phase 4. The market is observing steady, controlled movements, resembling the 2017 base formation. While it’s still early, the ongoing pattern in 2025 mirrors the build-up seen in 2017, indicating possible future growth. The chart shows that XRP is undergoing a similar price base formation, suggesting that it may follow the same trajectory, given the comparable market structure.

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