{"id":9558,"date":"2026-01-17T19:13:08","date_gmt":"2026-01-17T19:13:08","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/xrp-to-repeat-its-2017-playbook-analyst-forecasts-1250-expansion\/"},"modified":"2026-01-17T19:13:08","modified_gmt":"2026-01-17T19:13:08","slug":"xrp-to-repeat-its-2017-playbook-analyst-forecasts-1250-expansion","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/xrp-to-repeat-its-2017-playbook-analyst-forecasts-1250-expansion\/","title":{"rendered":"XRP To Repeat Its 2017 Playbook? Analyst Forecasts 1,250% Expansion"},"content":{"rendered":"

While XRP retests a crucial support area, some analysts have suggested that the altcoin is preparing for a massive expansion in the coming months, as a potential trend reversal begins to form and its 2017 formula repeats.<\/p>\n

XRP Gears Up For Massive Expansion<\/h2>\n

On Friday, XRP reached a 12-day low, falling to the $2.02 area before bouncing. Notably, the cryptocurrency has been trading within the $2.05-$2.35 area for nearly two weeks, moving between the mid and lower zones of this price range for most of this period.<\/p>\n

Amid its recent performance, Sjuul from AltCryptoGems noted<\/a> that the altcoin \u201cis starting to look better, especially after that bullish market structure break with a fresh higher high.\u201d The analyst highlighted that the cryptocurrency has been consistently trending lower since August, exclusively printing lower lows and lower highs.<\/p>\n

However, it has broken out of this structure and recorded a higher high for the first time in months after the start-of-the-year rally, setting the stage for a potential reversal. \u201cNow, we have to maintain this bullish structure at any cost and form a higher low on the next dip,\u201d Sjuul warned.<\/p>\n

Meanwhile, market observer ChartNerd pointed<\/a> to a striking similarity between XRP\u2019s 2017 playbook and its current performance. In an X post, the analyst affirmed that the altcoin is repeating its 2016-2017 formula, which led to a massive rally toward its previous all-time high (ATH).<\/p>\n

\"XRP\"<\/p>\n

At the time, XRP saw a textbook multi-year symmetrical triangle formation breakout, followed by a multi-month ABC consolidation before its 1,500% mark-up. This time, the cryptocurrency has repeated a similar symmetrical triangle pattern breakout, and it is currently in Wave C of its ABC consolidation period.<\/p>\n

To the analyst, a deeper Wave C retracement is possible if the multi-month $1.80 support is lost. Nonetheless, he added that \u201ccycle formula repetition signals XRP is gearing up for expansion towards $8\/$13\/$27,\u201d which would be a 300%-1,250% increase from the current levels.<\/p>\n

Q1 Close To Define XRP\u2019s Future<\/h2>\n

Despite his bullish forecast, ChartNerd also shared an important warning for the next two months. According to the analyst, \u201cXRP has just over 2 months to invalidate this 3M bearish Heikin-Ashi candle formation,\u201d or it will risk a massive correction.<\/p>\n

In a video analysis<\/a>, he explained that, in the past, whenever the altcoin saw massive rallies followed by a red bearish candle on the three-month timeframe, it would \u201cnormally indicate the start of a downtrend or a macro consolidation period.\u201d<\/p>\n

In 2014, XRP saw a bearish candle print in the three-month timeframe after a remarkable pump, which was followed by a correction and consolidation \u201cfor quite a couple of years,\u201d he explained.<\/p>\n

\u201cThe same happened again in 2018. We had this massive rally for XRP, and as soon as we printed a three-month bearish candle in the Heikin-Ashi Candle formation, (\u2026) we entered into the bear market,\u201d ChartNerd continued.<\/p>\n

Similarly, the cryptocurrency repeated the same performance in 2021. Now, XRP is starting to form a red candle in this timeframe and has approximately 2 months and 16 days to close the quarter on a positive note.<\/p>\n

\u201cWe have until March before this candle closes. (\u2026) So, what we don\u2019t want to see is this full-bodied three-month Heikin-Ashi Candle, because if we see it, this is where we are likely to see a deeper correction for the next six to nine and even 12 months,\u201d the analyst concluded.<\/p>\n

As of this writing, XRP is trading at $2.05, a 1.7% decline in the weekly timeframe.<\/p>\n

\"xrp,<\/p>\n","protected":false},"excerpt":{"rendered":"

While XRP retests a crucial support area, some analysts have suggested that the altcoin is preparing for a massive expansion in the coming months, as a potential trend reversal begins to form and its 2017 formula repeats. XRP Gears Up For Massive Expansion On Friday, XRP reached a 12-day low, falling to the $2.02 area…<\/p>\n","protected":false},"author":1,"featured_media":9559,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[42,468,281,33,40,1242,1277,1516,1942,47,1331,49],"class_list":["post-9558","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-xrp","tag-xrp-2017","tag-xrp-analysis","tag-xrp-ath","tag-xrp-bullish-prediction","tag-xrp-price","tag-xrp-rally","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9558","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=9558"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9558\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9559"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9558"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9558"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9558"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}