crypto

#XRP consolidated for roughly two years before launching into a historic rally in 2017 and 2018.
Vandell Aljarrah, co-founder of Black Swan Capitalist, called attention to this history in a recent post on X. He used it to urge investors not to lose patience during prolonged market stagnation.
Aljarrah stressed that XRP’s historical price action is a reminder of how long consolidation can precede a major market expansion.
“Losing patience during market stagnation is a novice mistake,” he wrote. He recalled how XRP consolidated for approximately two years before executing a 62,000% macro expansion phase in 2017 and 2018.
XRP Historic Rally
The accompanying XRP/USD weekly chart illustrates the extended trading range that preceded the rally. XRP spent roughly 742 days consolidating around the $0.004–$0.011 range before breaking out in 2017 and eventually reaching its cycle peak in January 2018.
The chart’s measurement highlights the scale of the subsequent advance, showing a 630X price gain.
Black Swan Capitalist Co-founder Revises XRP Rally Estimate
Meanwhile, Aljarrah’s post prompted a discussion about just how much XRP gained during its historic run.
One commenter argued that the rally was closer to 64,000%, measuring the move from approximately $0.006 to XRP’s all-time high of $3.84. Aljarrah responded that the percentage depends on the starting point and exchange used to determine the price.
He argued that measuring from XRP’s 2014 cycle lows to its January 2018 peak produces a much larger gain of approximately 119,000%.
Can XRP Repeat Its 2017–2018 Performance?
Not everyone agreed that XRP’s previous rally offers a useful template for the current market.
One commenter argued that today’s cryptocurrency market differs considerably from the 2017–2018 cycle. He cited the influence of market makers and alleged corruption as reasons not to expect a repeat performance.
Another questioned XRP’s long-term value, arguing that its previous rise from fractions of a cent to several dollars had not translated into comparable subsequent price appreciation.
These concerns highlight doubts about whether XRP’s past price patterns can predict its future, given how much the crypto market has changed.
XRP is currently trading at $1.34, up 2.6% over the past 24 hours, according to the CoinMarketCap data provided in the report.
At this price, XRP remains approximately 65% below its previous peak of $3.84. A 62,000% increase from its current price of $1.34 would push XRP to approximately $832. Many analysts consider such a price target unrealistic in the short term, although they may view it as a possibility over several decades.
Ultimately, Aljarrah’s argument rests on the idea that patience is important during prolonged periods of limited price movement, as recovery phases may eventually follow. For context, XRP recorded a price surge of nearly 700% during the 2024–2025 market cycle.
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​When talking about meme coins in the crypto market, Dogecoin ($DOGE) cannot be left out. According to the recently shared chart, an interesting technical setup is visible on the 1-month (1M) timeframe chart of DOGE/USDT.
​Current Price Action: According to the chart, Dogecoin is currently trading in the range of 0.07913 USDT.
LHistorical Movement: Looking at the past years' data on the chart, $DOGE has touched high levels from 0.00113 up to 0.73995.
Support & Rebound Zone: Based on the moving averages and the green arrow, it is estimated that a new momentum may build in the market at the current price level.​Trader's View:
​Expressing his thoughts on this occasion, Zia Uddin said:
​l am going to catch some DOGE from here... I think it's a perfect time to buy DOGE coin...
​If you also intend to do long-term or swing trading in the crypto market, this zone could be a good research point for you.#BinancePick #DOGE #crypto #Binance