However, one of the most interesting narratives among XRP proponents is the suggestion that the XRP price action has been following its 2017 fractal. For context, during the 2017/2018 uptrend, XRP delivered its most impressive performance in history.
To put things into perspective, back in 2017, XRP underperformed at the start of the year, trading within a symmetrical triangle. However, it broke out in March 2017, soaring to a new peak of $0.3988 by May before facing resistance and consolidating for six months.
Interestingly, it broke out of this consolidation range in December 2017, eventually soaring to the $3.31 all-time high by January 2018. Notably, from its starting price of $0.0055 in March 2017 to the ATH of $3.31 in January 2018, XRP increased by about 60,000%.
Most recently, after underperforming within a symmetrical triangle, XRP staged a breakout in November 2024, soaring to a new peak of $3.4 in January 2025. After this peak, it faced a roadblock and consolidated for six months until the recent breakout this month.
As a result, some market watchers believe XRP might be following the same 2017 trend in the current cycle. Some market commentators who have made this claim include EGRAG Crypto, Lud, Bassii, Charting Guy, Crypto Vilian, Javon Marks, Random Crypto Pal, CryptoWZRD, and several others.
