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XRP Chart Shows Pattern Similar to 2016 Setup That Led to 467% Rally
⬤ A crypto analyst has identified what they call “strikingly uncanny” similarities between XRP’s current chart structure and the pattern that formed in 2016 before the token’s explosive rally. The comparison shows matching features including double-top formations, a sharp downward wick, and extended consolidation periods. If the pattern plays out similarly, the analyst suggests 2026 could become a pivotal year for XRP holders.
⬤ The chart comparison reveals XRP spent most of 2016 trapped in a trading range, forming repeated resistance levels at the top before a final sharp wick downward reset momentum. What followed in 2017 was a substantial upside breakout. Today’s chart shows the same sequence unfolding—extended consolidation through 2025, double-top rejections, and a recent downward wick before stabilization. A projection box on the chart points to a potential major move starting around June 2025.
⬤ The Stochastic RSI indicator adds another layer to the comparison. In both the 2016 cycle and the current setup, the indicator reset to its lower band before XRP entered a major upside phase. The timing labels on the chart—“2016/7” for the previous cycle and “2025/6” for the current one—suggest the analyst sees a similar timeline developing, though crypto markets never guarantee pattern repetition.
⬤ XRP has a track record of long, quiet consolidation phases followed by explosive directional moves, which makes these multi-year pattern comparisons particularly relevant for traders watching cycle behavior. While no chart pattern guarantees future performance, the visual similarities may influence how traders and holders view XRP’s potential as the market moves through 2025 and into 2026.