XRP Price Action Mirrors 2017 As Strong Base Forms Around $24–$30

XRP’s current price movement is drawing strong parallels with its 2017 cycle. Expert Steph highlighted that the token  is displaying a long consolidation followed by a corrective falling wedge, a pattern that, in 2017, preceded one of the largest rallies in XRP’s history. 

During that cycle, XRP spent months compressing price within a narrow range before breaking out, after which momentum accelerated sharply.

As of 2026, it would seem that the structure is complete and that the downside momentum has dissipated, with the token emerging from a corresponding compression area.

Those who are taking in all of these indicators are seeing that it could be a precursor for a dramatic bull run. This would correspond with past cycles.

Source: X

Also Read: XRP Hits Fear Zone, Traditionally Favoring Price Rallies 

Inverted Chart Signals Bullish Potential

Analyst EGRAG Crypto brought up an inverse chart view for XRP that emphasizes the cyclic activity in the token’s markets. Typically, break points in the inverse chart for XRP have represented the beginning of substantial growth phases and not large downturns.

In past cycles, such breaks resulted in dramatic scenarios, with the first occurrence resulting in a 7,000% surge and the second in a 1,200% rise. Based on this model, EGRAG expects the base-case price for the token to be $24-$30 over the 6-18 month period, which comes with a 60-65% chance.

A longer-term model that will require market madness and adoption can increase the price for XRP to $80-$150, but that particular prediction comes with a 20-25% chance. This analysis suggests that it is currently undergoing a manipulation and release phase after an accumulation.

Source: X

XRP Long-Term Technical Structure Remains Cautious

Although the short-term indicators are promising, a long-term technical analysis indicates a pattern of ‘Break Before the Crash.’ There is evidence in past cycles between 2014-2018 and 2021-2025 for XRP/USD that a ‘Break Before the Crash’ pattern is being repeated.

XRP tends to make lower highs under declining lines, protecting a crucial horizontal level of support. But once this level breaks, there have been steep sell-offs in XRP, which, in relative value, crossed 90% on occasion.

The current forecasts have pointed out an important support area around $27, with a possible recovery to the green target boxes of $150. Until XRP creates a series of higher highs and former levels of resistance turn to support, signs of extended consolidation phases are likely.

Also Read: XRP Approaches Make-or-Break Trend Ribbon, Long-Term Targets $5–$8