What to Know:
- XRP price models are drawing comparisons to the 2017 bull run, suggesting potential targets above $5.
- Analysts are using chart patterns and Fibonacci extensions to project possible future price levels for XRP.
- On-chain data indicates some profit-taking, while technical indicators suggest caution in the short term.
XRP is once again capturing the attention of crypto investors as analysts identify similarities between its current market behavior and the notable 2017 bull run. Several models propose that XRP could potentially surge beyond the $5 mark during this cycle. Despite recent price fluctuations, long-term setups remain consistent, fueling optimism among traders.
Cycle-based models are projecting further upside for XRP. One analyst uses a “10% theory” based on the Gaussian Channel over a two-week timeframe. If a final push brings a similar percentage gain to the 2017 cycle, the target falls between $5.50 and $6.00.
Chart patterns also support a bullish outlook for XRP. One setup shows XRP moving inside a large ascending triangle, similar to the structure before the 2017 breakout. Using Fibonacci extensions, potential targets include $10 and $27.92, aligning with the breakout structure from the previous cycle.
$XRP: 2017 rinse repeat structure. PA is gearing up for a HUGE blow-off-top. Targets on this fractal sit with a similar FIB extension range to 2017, with the 1.618 at $10 and the 2 FIB extension at $27. Further confluence with my other fractal FIB extensions to double digits 🎯 pic.twitter.com/RNyweESknZ
— 🇬🇧 ChartNerd 📈 (@ChartNerdTA) October 29, 2025
Trading data offers mixed signals for XRP. While the price slipped after failing to stay above $2.67, it continues to hold structure, with futures open interest near $4.35 billion. On-chain data reveals that wallets holding between 1 million and 10 million XRP sold over 140 million tokens during the price move, indicating profit-taking.
While some indicators signal caution in the short term, long-term projections for XRP remain positive. The potential for regulatory clarity and the growth of Ripple’s partnerships continue to support a bullish outlook. Investors and traders should monitor both on-chain data and technical indicators to make informed decisions.
Source: Original article
