Crypto analyst ChartNerd has predicted that the XRP price could rise 10x if a specific trend repeats. The analyst also revealed what needs to happen for the altcoin to invalidate this potential parabolic rally.
XRP price could rise 10x if this 2017 pattern plays out
In one X messageChartNerd predicted that XRP price could rise 1,000% if a bullish pattern emerges from the price 2017 bull cycle takes place. The analyst noted that during the euphoric 2017 run, the altcoin had a three-month cool-off period during which it successfully dropped to its three-month 20-EMA for a retest before making a 25x move to the upside.
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ChartNerd revealed that the XRP price has now experienced the exact same setup 2025 bull cycle. The altcoin made a huge breakthrough last year and now has a three-month cool-down period towards a three-month retest after the 20 EMA. The analyst stated that if history repeats itself, XRP could see a 10x upside, which could mean a blow-off top.
The analyst also alluded to 2021’s lower high, which he noted aligns with both 2017’s monthly candle close highs and also the SEC lawsuitwhich is believed to have suppressed the XRP price during the 2021 cycle. ChartNerd added that to negate this potential rally, XRP would need to close below the 3-month 20-EMA at $1.20. Until then, he noted that the bulls remain in control.
Meanwhile, ChartNerd outlined $8, $13, and $27 as the potential highs for the XRP price. Notably, a rally to any of these price targets will mark a new all-time high (ATH) for the altcoin. Crypto analyst Egrag Crypto had also predicted this earlier XRP could reach $27 in this bull run if it mirrors the 2017 price action.
XRP could be the next cryptocurrency to record a big run
Market commentator Milk Road suggested in one X message that the XRP price could soon make a big run. The platform cited bullish fundamentals for the altcoin, including the fact that RLUSD surpassed $1 billion in market capitalization in record time. The run to this milestone is said to be faster than virtually any stablecoin Ripple has ever pushed.
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Additionally, Milk Road noted that Abu Dhabi’s ADGM has opened the door for institutions to use RLUSD as real collateral, which is also bullish for the XRP price. The market commentator stated that global liquidity with regulated on-ramps could mean the kind of flows that crypto hasn’t seen in months. It is also worth noting that XRP is seeing significant flows in its ecosystem through the US spot ETFs.
At the time of writing, the XRP price is trading around $2.18, down in the past 24 hours, according to facts from CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com