Analysts See XRP Echoing 2017 Pattern With Potential 300%–1,250% Price Expansion
XRP recently dropped to a 12-day low near $2.02 before rebounding within a $2.05–$2.35 range, as market watchers track a possible shift in its price structure. Technical analysts highlight a break from months of lower highs and lows and compare today's setup to XRP's 2016–2017 pattern that preceded a major rally. Projections based on this historical "cycle formula" suggest a possible move toward $8, $13 and $27, while warnings about a developing three‑month bearish Heikin-Ashi candle signal the risk of a deeper multi‑month correction if the quarter closes weak.