XRP Is Mirroring This Historic Bullish Pattern. Here's What to Expect

@media only screen and (min-width: 0px) and (min-height: 0px) { div[id^=“wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5”]{width:320px;height:100px;} } @media only screen and (min-width: 728px) and (min-height: 0px) { div[id^=“wrapper-sevio-6a57f7be-8f6e-4deb-ae2c-5477f86653a5”]{width:728px;height:90px;} }

XRP price action has entered a technically sensitive phase. The current structure mirrors a setup that preceded one of the asset’s most aggressive historical moves.

The comparison is based on a side-by-side chart shared by crypto analyst Steph Is Crypto (@Steph_iscrypto), which shows XRP in 2017 alongside today’s trend.

Consolidation Gives Way to a Defined Correction

In both periods, XRP spent months trading within a broad consolidation range. That range eventually resolved into a sharp corrective move. On the 2017 chart, the correction carved out a falling wedge.

Lower highs compressed against a narrowing trend line, and selling pressure weakened as the price approached the wedge apex. Once XRP broke upward, expansion followed quickly.

The current weekly chart shows the same progression. After a prolonged consolidation phase, XRP entered a steep pullback. The asset’s price respected descending resistance while downside momentum slowed. The structure tightened into another falling wedge, resembling the earlier cycle.

Steph Is Crypto highlighted this parallel directly by labeling both charts with the same wave structure. The visual comparison suggests the corrective phase has run its course.

Wedge Resolution Shifts Market Behavior

Falling wedges often signal exhaustion rather than continuation. In both cases, sellers pushed prices lower with diminishing follow-through. Each decline covered less distance as buyers began to step in earlier.

On the current chart, XRP has started to move above the upper boundary of the wedge. That shift changes the technical posture. The market is now transitioning from correction to expansion.

Steph Is Crypto summarized the idea succinctly, writing that XRP’s current action is “strongly resembling what we saw in 2017.” He also described the structure as the type that “marked the final reset before the breakout.” Those comments align with what the chart displays. The wedge is complete, and XRP has exited the compression zone.

What the Pattern Suggests Next

The 2017 breakout did not stall once it cleared resistance. Momentum expanded rapidly after the structure was resolved. That historical move remains one of XRP’s defining rallies, and analysts are anticipating another swift breakout.

If XRP continues to hold above former wedge resistance, the corrective phase remains invalidated. That would keep focus on higher levels as traders reassess risk positioning. The key takeaway from Steph’s chart is structural. The market has shifted out of contraction. XRP now trades in a zone where expansion is the most likely outcome.

Disclaimer*: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.*