As XRP targets reclaiming the $3 spot, the asset’s current trading pattern resembles a historical movement that points to a potential upside of about 350%.
Specifically, XRP appears to follow a pattern that echoes its historic 2017 rally, which saw the cryptocurrency skyrocket by over 1,300% in multiple phases.
Now, if this pattern plays out, it could set the stage for an even larger breakout, potentially pushing XRP’s price to $12.50 in 2025, according to an analysis by TradingShot shared in a TradingView post on February 14.
XRP price analysis chart. Source: TradingView
According to the analysis, XRP’s rise in 2017 played out in three rallies, each delivering four-digit percentage gains. After surging 600% since November 2024, the token may be gearing up for its next major move, targeting a double-digit figure.
At the same time, this bullish projection is backed by key technical indicators. TradingShot’s analysis indicated that the 50-day moving average (MA) has
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