according to materials from the site - By Times Tabloid

Recent technical analysis published by Crypto Ninja (@Crypto_Ninja007) suggests that XRP may repeat a pattern last observed in 2017, which could indicate a significant price movement in the coming weeks.

The chart shows a familiar pattern that preceded the historical rise of XRP to its peak in early 2018. If history unfolds along a similar trajectory, the forecast points to a potential rise to about $22.70 by August 1.

Crypto Ninja emphasized that this is not a forecast, but an observation based on past data. "I'm not saying this will happen," he noted, "I'm just saying it has happened before." The publication is based on a Fibonacci expansion model that reflects the breakout structure during the bullish rally of 2017.

The chart highlights two key consolidation phases. The first occurred from 2014 to 2017, forming a symmetrical triangle that preceded XRP's breakout. After the breakout, XRP entered a shorter consolidation phase before finally reaching its historical peak.
The current price dynamics covering the period from 2021 to 2025 show a nearly identical triangle forming over a similar period of time. At the time of analysis, XRP was trading at $3.15 and preparing to exit the second, smaller phase of consolidation. Since then, the asset's value has increased and currently stands at $3.44, significantly higher than the peak value of $3.39 in January 2025.

Experts predict the approach of a new historical peak, and Crypto Ninja goes further, expecting continued growth. He views this consolidation structure as a launching pad, and now that XRP has broken through the symmetrical triangle, he has set a target at $22.70 by August 1.
If the current breakout holds and aligns with historical situations, the proposed movement to $22.70 would imply an increase of nearly 530% compared to today’s level.

Although this model represents an interesting technical picture, it is important to note that current market conditions are significantly different from those in 2017. The clarity of regulation, participation of institutional structures, and macroeconomic factors now play a greater role in shaping price dynamics.
Considering all these factors leaning towards a bullish trend, XRP may experience a stronger surge. The asset's dynamics over the past few days have attracted the attention of many market participants. Bulls are actively striving for new historical highs and may maintain momentum to reach the Crypto Ninja target level of $22.70.

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