XRP has been through a rollercoaster over the past few days, tumbling in a crash alongside the rest of the crypto market. The crash drove XRP’s price to a flash low of $1.64 before it recovered to $2.36, with volumes surging 164% above the 30-day average. This flash crash created a notable downside wick on XRP’s price chart, which, according to a technical analyst, is reminiscent of a 2017 price structure that suggests that the cryptocurrency is about to enter into a massive rally.
XRP 2017 And 2025 Setup Shows Striking Similarities
XRP’s recent flash crash has grabbed the attention of a crypto analyst known as ChartNerd on the social media platform X. The analyst drew parallels between XRP’s 2017 price structure and its current 2025 setup. The post included two charts that show similar pre-euphoria wicks that previously led to XRP’s most explosive bull run in 2017.
Back in 2017, XRP’s price action saw a sharp pre-euphoria wick to the downside that wiped out 58
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