XRP's Breakout Enters a Pivotal Phase, Eyeing the $9

XRP's Breakout Enters a Pivotal Phase, Eyeing the $9–$13 Range

In a recent analysis, crypto expert Cryptollica shared an XRP/USD 2-week chart on December 8 via TradingView, suggesting that the altcoin might be following the same structural pattern that led to its dramatic rally in 2017. Current price movements are centered around a significant $1.95 level, with technical predictions indicating potential highs between $9 and $13.

Key Takeaways

XRP may be mirroring a structural pattern from its 2017 rally, with current price action around $1.95.
The analysis breaks XRP into historical cycles, indicating possible future growth similar to 2017.
A definitive breakout above the $1.95 level could lead to a significant upward trend.
Projections suggest target prices between $9 and $13 if the fractal plays out.
Market dynamics today are different from 2017, creating potential challenges for similar growth patterns.

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Understanding the Potential XRP Movement: A Look at 2017

Cryptollica's analysis utilizes a long-range log chart from Binance, where the latest entry indicates XRP trading at approximately $2.0892. This chart breaks XRP’s history into mirrored cycles: the left side showcases the period from 2014 to 2017, while the right side displays the current cycle from 2021 to 2025, with segments labeled as “Part 1,” “Part 2,” and “Part 3.”

According to Cryptollica, the cycle from 2014 to 2017 mirrors the current cycle from 2021 to 2025 quite closely. Both cycles feature a Part 1 marked by accumulation, during which XRP traded below a dotted blue resistance band for an extended duration while consistently forming higher lows along a rising trendline.

XRP/USD 2-Week Chart Analysis | Source: TradingView.com

The ongoing Part 1, roughly spanning from 2022 to 2024, has lasted significantly longer than its previous counterpart. The analyst aligns this with the notion that “the bigger the base, the higher the space,” suggesting that this extended sideways movement indicates a significant buildup of potential energy.

Part 2 outlines the breakout and subsequent retest of the blue resistance band. A decisive close above this zone, followed by consolidation, would transform this area into new support. Cryptollica argues that this would signify “the official end of the downtrend and the beginning of a bull market.” Currently, it is suggested that XRP is nearing the completion of, or has just finished, this breakout phase on the 2-week timeframe.

The critical reference point in this setup is the $1.95 level, indicated in green on the chart. “The $1.95 level is crucial,” emphasizes the analyst, reinforcing the principle that once resistance is overcome, it becomes support. In this context, XRP holding above this level, following a successful retest, is a vital confirmation for the continuation of the upward trend.

Should this confirmation persist, the analysis transitions to Part 3, referred to as the “Parabolic Rise – Discovery Phase.” This part in 2017 saw XRP experience a sharp surge towards its all-time high. Cryptollica believes XRP currently stands on the edge of this “vertical lift-off” in the present cycle, marked by a steep yellow arrow on the logarithmic chart. The immediate target is identified as the former all-time high region of around $3.30 to $3.84. If the 2017 fractal scenario plays out as before, the projections could indicate a target price between $9.00 to $13.00.

However, the analyst advises caution. The crypto market today is significantly larger than in 2017, and an increase to over $10 implies an enormous market capitalization, making it “mathematically more challenging” to repeat 2017's multiple, despite the unpredictable nature of crypto enthusiasm. The outlook also presumes favorable fundamentals, such as resolving regulatory uncertainties, possible XRP ETF advancements, and Ripple’s stablecoin strategy.

Cryptollica points out that parabolic phases often come with “sudden drops of 30–40%,” which makes them risky for leveraged trading. Despite these warnings, the overarching sentiment remains “extremely positive (bullish)” as long as the $1.95 support holds. The analyst concludes by stating that XRP is at a pivotal moment of “breaking its chains,” and if overall market conditions stay favorable, “double-digit targets ($10+) for XRP are technically possible.”

As of now, XRP is trading at $2.07.

XRP price
XRP hovers above key support, 1-week chart | Source: XRPUSDT on TradingView.com