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TimesTabloid 2025-06-01 05:53:55

XRP Today vs. 2017: Analyst Foresees a Massive Breakout. Here’s the Timeline

On May 30, 2025, crypto market analyst Galaxy shared a comparative view of XRP’s current weekly chart against its historical movement in 2017. In a post on the social platform X, Galaxy stated: “$XRP today vs. 2017. Looking very similar. Consolidated for 210 days then and we are now at day 182. Curious to see how it will unfold.” The post included a chart highlighting two specific periods of price consolidation following major upward price moves—one from 2017 and one ongoing in 2025. The 2017 chart section Galaxy referenced shows XRP consolidating for approximately 210 days (30 weekly candles) following a sharp price surge. A similar consolidation phase appears to be forming in the current market structure, with 182 days (26 weekly candles) having elapsed since the most recent sharp move upward. Both zones exhibit price compression after impulsive moves, and Galaxy notes the resemblance in structure and timing. In the image Galaxy shared, the 2017 consolidation zone was followed by a significant upward continuation, which drove XRP toward its all-time high during that cycle. The implication of the post is not a forecast, but an observation of pattern similarity, leaving open the possibility of a comparable outcome depending on how the current structure develops. $XRP today vs. 2017. Looking very similar. Consolidated for 210 days then and we are now at day 182. Curious to see how it will unfold. pic.twitter.com/NquEaLkFRh — Galaxy (@galaxyBTC) May 30, 2025 Additional Market Context Provided by Community Member An X user identified as Ivelin responded to Galaxy’s post by offering an alternative perspective grounded in historical price behavior and cycle dynamics. Ivelin wrote: “The difference is we haven’t broken 2018 ATH unlike 2017 when it had already broken it at this point when you show it. Also we missed last bull market and had 7 year accumulation, which leads to longer period for each thing. So we are much more likely at this point and we still have 100x to go.” We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 To support this commentary, Ivelin shared a separate chart showing a broader technical pattern that includes XRP’s all-time high and long-term consolidation. This chart features a symmetrical triangle pattern starting from around 2014 and culminating in a breakout attempt in 2025. Ivelin’s interpretation emphasizes that XRP’s 2017 breakout had already surpassed previous highs by the time consolidation ended, whereas the current 2025 price remains under the 2018 peak. According to this analysis, the cycle may be unfolding at a slower pace due to extended accumulation and a missed participation in the 2021 bull market. Ivelin’s chart also outlines multiple resistance and support levels, highlighting the prolonged compression XRP experienced over several years. These technical structures suggest that the longer accumulation phase may yield a larger breakout, with the potential for significant returns, depending on market conditions and continued momentum. The tweet by Galaxy brings attention to technical similarities between XRP’s 2017 and 2025 weekly price charts, specifically the structure and duration of post-rally consolidation phases. While Galaxy highlights the timing and pattern resemblance, additional commentary from Ivelin provides a broader macro perspective, pointing out key differences in all-time high positions, market cycle timing, and accumulation duration. These perspectives together contribute to an ongoing technical assessment of XRP’s current market structure, without offering definitive price predictions. The outcome of the present consolidation remains to be seen. 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. Follow us on X , Facebook , Telegram , and Google News The post XRP Today vs. 2017: Analyst Foresees a Massive Breakout. Here’s the Timeline appeared first on Times Tabloid .

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