09 Jul
09Jul

XRP could be on the precipice of a significant price surge, according to prominent market analysts who are drawing striking parallels to its explosive 2017 bull run. A key figure in this outlook is the analyst known as "The Charting Guy," who recently presented a compelling fractal pattern in the XRP/BTC chart on X (formerly Twitter).

The fractal, which has accurately projected local highs earlier this year, exhibits remarkable similarities to XRP's historic 2017 performance in terms of structure, timing, and overall market behavior. The Charting Guy's analysis suggests that XRP may now be entering a "parabolic phase," similar to what was observed in late 2017. Following a period of mid-year consolidation and a subsequent breakout in August, the pattern indicates a potential for XRP to significantly outperform Bitcoin in the coming months.

While the fractal does not provide precise price targets, its strong technical alignment with past movements has garnered considerable attention from traders and investors. The Charting Guy has urged market participants to closely monitor the XRP/BTC pair, as its next move could be the harbinger of a powerful uptrend.

Further supporting this bullish sentiment, analyst Matt Hughes has highlighted that both the XRP/BTC and XRP/USD pairs are currently testing critical levels on the weekly Ichimoku Cloud. In both instances, XRP is pressing against the upper boundary of the cloud, which is widely considered a key resistance level. A decisive break above this barrier is often interpreted as a strong signal for a bullish breakout and sustained upward momentum.

With increasing bullish momentum evident across both XRP trading pairs, market observers are growing confident that XRP is well-positioned to outperform in the near term. This confluence of technical signals is reviving hopes within the XRP community for a robust upward phase for the token, reminiscent of its past record-breaking rallies.

July 2025, Cryptoniteuae

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