Crypto analyst Xoom (@Mr_Xoom) has highlighted a chart that suggests a possible breakout in XRP’s price. Drawing parallels to the 2017 period, where XRP experienced a strong surge after consolidating for years, the chart reveals a pattern similar to past consolidations before major rallies. The chart compares two periods of consolidation: one leading up to the 2017 surge, and another in the current market. In both cases, XRP displays a tightening range before breaking out into an explosive rally. The 2017 breakout followed a symmetrical triangle pattern, culminating in a price spike that reached $3.36. The current consolidation pattern is shown as XRP spending time within a horizontal channel similar to this past scenario. A recent surge has led to a record high for the asset at $3.65, testing the resistance within that channel. If the resistance is overcome, a breakout could send XRP price surging toward unprecedented targets, according to Xoom. The chart further emphasizes this with support levels reflecting the earlier breakout’s structure, providing a floor should XRP’s price decline.