{"id":8901,"date":"2025-12-14T19:13:10","date_gmt":"2025-12-14T19:13:10","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/xrp-mirrors-2016-trend-that-led-to-69-crash-before-110000-rally\/"},"modified":"2025-12-14T19:13:10","modified_gmt":"2025-12-14T19:13:10","slug":"xrp-mirrors-2016-trend-that-led-to-69-crash-before-110000-rally","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/xrp-mirrors-2016-trend-that-led-to-69-crash-before-110000-rally\/","title":{"rendered":"XRP Mirrors 2016 Trend That Led To 69% Crash Before 110,000% Rally"},"content":{"rendered":"<p>XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level.\u00a0<\/p>\n<p>A new long-term technical comparison shared by crypto analyst ChartNerd places XRP&#8217;s price behavior since its July all-time high of $3.65 into an interesting context, implying that what XRP is doing now resembles a phase from its 2016 market cycle that points to an incoming huge rally.<\/p>\n<h2><b>Repeating 2016 Rejection And ABC Crash Structure<\/b><\/h2>\n<p>According to crypto analyst ChartNerd, <a href=\"https:\/\/x.com\/ChartNerdTA\/status\/1999487165139488957?s=20\" target=\"_blank\" rel=\"noopener nofollow\">XRP\u2019s current structure<\/a> matches a similar price action that unfolded in late 2016. when price rejected an accumulation supply block and rolled into an ABC corrective move. That correction ultimately produced a 69% flash-wick decline that extended into the first quarter of 2017.\u00a0<\/p>\n<p>The drop was severe and unfolded over several months, eventually pushing XRP to as low as $0.00240, but it eventually represented the end of the correction rather than the end of the bullish cycle.<\/p>\n<p>The chart accompanying the analysis, which is shown below, highlights a similar rejection pattern forming now. This pattern is based on how the XRP price rejected at its most recent all-time high in July. Since then, the monthly price chart has been printing consecutive red candles, with monthly closes consistently below opens.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/zEflUQrn\/\" width=\"1835\" height=\"909\" \/><\/p>\n<p>At the time of writing, XRP is about a 44% correction from this all-time high. This means a 69% correction is yet to play out in its entirety. Therefore, if history repeats, a full 69% ABC-style move from the all-time high would drag XRP back below $1 and as low as $0.8. This move is expected to play out into the first quarter of 2026.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"aligncenter size-full wp-image-866552\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/a_9fdd15.png?resize=1024%2C581\" alt=\"\" width=\"1024\" height=\"581\" \/><\/p>\n<p style=\"text-align: center\"><a href=\"https:\/\/x.com\/ChartNerdTA\/status\/1999487165139488957?s=20\" target=\"_blank\" rel=\"noopener nofollow\">XRP Price Chart. Source: @ChartNerdTA<\/a><\/p>\n<h2><b>Potential Drop Could Be A Set-Up For A Much Larger Rally<\/b><\/h2>\n<p>XRP is currently trading at $2.04. Therefore, a deeper pullback below $1 will translate to a 51% decrease from the current price action. The idea of a deeper pullback from $2 is tough to imagine, cause many bullish traders to step aside.<\/p>\n<p>However, the technical analysis frames it as a structural reset rather than anything else. In 2017, the post-crash consolidation laid the groundwork for one of XRP\u2019s most explosive rallies on record, ultimately delivering gains in excess of 110,000%.<\/p>\n<p>If this sequence plays out as expected, then the real bullish opportunity would develop later in 2026. From that reset zone, the chart projects a long-term advance to the 1.618 Fibonacci extension, placing a potential upside target around $27. The visual projection in the chart above shows a clean multi-month expansion zone that delivers a 2,300% gain after the corrective phase.\u00a0<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has struggled to create any upside traction over the past few days, with the price rejecting above $2.15 in the middle of the week and now back to lingering just above the $2 level.\u00a0 A new long-term technical comparison shared by crypto analyst ChartNerd places XRP&#8217;s price behavior since its July all-time high of&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8902,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[638],"tags":[94,34,237,36,95,239,44,40,46,47,48],"class_list":["post-8901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-blockchain","tag-crypto","tag-cryptocurrency","tag-digital-currency","tag-ripple","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8901"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8901\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8902"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}