XRP Mirrors 2017 Pattern, Showing Signs of Accumulation

Recent price fluctuations in XRP have sparked a pattern reminiscent of the cryptocurrency market’s crash back in 2017. It experienced a sharp decline, dropping over 70% before rebounding to $1.90-$2.00, mirroring a similar accumulation phase that unfolded in 2017. This period saw XRP form a base following price rejection from previous highs. Analysts now believe this current zone, once the all-time high (ATH) for XRP, serves as a key demand area.