Rico ๆฐๆ
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๐จ XRP: The Calm Before the Storm?
$XRP appears poised for its next major leg up โ but the real question is: how high could it go? ๐
Looking at the chart, we're seeing a near-identical setup to 2017, with a completed Adam and Eve pattern, a breakout, and a successful retest of that breakout โ exactly where we are now.
In 2017, this setup led to:
โข โ A 1:1 measured move
โข ๐ Brief consolidation
โข ๐ Followed by a blowoff top
๐ Repeating that same structure today?
We could see a push toward $30, a correction back to $10, and then a final explosive rally to triple-digit levels.
๐ง Alternatively, if we analyze XRP's RSI and price behavior since December 2024, it looks more like the MayโJuly 2017 consolidation phase (highlighted by yellow boxes on the chart). That led to a straight-line rally toward the local Fib 2.618 level.
๐ฎ If history rhymes, that would imply a strong move toward the $12โ$15 range.
$XRP appears poised for its next major leg up โ but the real question is: how high could it go? ๐
Looking at the chart, we're seeing a near-identical setup to 2017, with a completed Adam and Eve pattern, a breakout, and a successful retest of that breakout โ exactly where we are now.
In 2017, this setup led to:
โข โ A 1:1 measured move
โข ๐ Brief consolidation
โข ๐ Followed by a blowoff top
๐ Repeating that same structure today?
We could see a push toward $30, a correction back to $10, and then a final explosive rally to triple-digit levels.
๐ง Alternatively, if we analyze XRP's RSI and price behavior since December 2024, it looks more like the MayโJuly 2017 consolidation phase (highlighted by yellow boxes on the chart). That led to a straight-line rally toward the local Fib 2.618 level.
๐ฎ If history rhymes, that would imply a strong move toward the $12โ$15 range.
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