The post XRP Price Correction Mirrors 2017 Trend, Analysts Watch for Possible Breakout appeared on BitcoinEthereumNews.com. Some analysts say XRP’s recent 68% correctionThe post XRP Price Correction Mirrors 2017 Trend, Analysts Watch for Possible Breakout appeared on BitcoinEthereumNews.com. Some analysts say XRP’s recent 68% correction

XRP Price Correction Mirrors 2017 Trend, Analysts Watch for Possible Breakout

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  • Some analysts say XRP’s recent 68% correction mirrors the 2017 cycle pattern.
  • Historical data shows XRP surged over 1,200% after a similar previous correction.
  • XRP stalls at $1.50 resistance; a break above could target $1.80.

The last three months have been highly eventful for XRP, showing how quickly momentum can change in the cryptocurrency market. From December 2025 through February 2026, the asset moved through three clear phases: stability, a strong rally, and then a correction driven by broader market weakness.

During December, XRP traded mostly between $1.80 and $1.90, reflecting a relatively quiet period with limited volatility. At the start of January 2026, buying activity increased sharply, helping XRP climb past $2.30 within a short time. However, as January progressed, profit-taking and market uncertainty slowed the upward momentum, preventing prices from holding their peak levels.

In February, the broader crypto market turned red, and XRP followed the trend. Selling pressure pushed the token down toward the $1.40–$1.50 range, marking a drop from January highs. 

Analysts See Repeating Historical Patterns

Some market experts say XRP’s recent movement resembles historical cycles. Analyst CryptoBull pointed out that XRP dropped about 65% in 2017 after its first major wave, followed by a massive 1,200% surge in the next phase. A similar 68% correction in 2026 is being compared to that earlier pattern, leading some traders to speculate about the possibility of another large upward wave if market conditions improve.

“In 2017 XRP then surged 1,200% for wave 3. That means that we will see $13 and higher by the end of March,” Crypto Bull said.

XRP Tests Key Resistance

XRP recently rallied to $1.67, but it is now finding it hard to move above $1.50. This level has become strongly resistant over the past few days. Some analysts say XRP must break and hold above $1.50 to continue higher toward $1.80. 

If XRP fails to clear $1.50, the price could drop toward the $1.30–$1.20 support zone. This area is important because it has acted as support before. The next move may also depend on Bitcoin. If Bitcoin breaks above $70,000–$72,000, XRP could gain strength.

XRP is trading near the middle Bollinger Band, signaling short-term stabilization after the drop. Meanwhile, the RSI is near 39, recovering from oversold territory but still below the neutral 50 level, suggesting bearish momentum is easing, but buyers have not yet regained full control.

Related: SBI Chairman Says 9% Ripple Stake Could Outweigh $10B XRP

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Source: https://coinedition.com/xrp-price-correction-mirrors-2017-trend-analysts-watch-for-possible-breakout/

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