XRP Breaks Out: 2017-Like Pattern Hints at Explosive Price Surge

After six years of consolidation, XRP is showing signs of a powerful price surge reminiscent of its explosive rise in 2017. Analysis by crypto analyst Amelie reveals that XRP’s current chart pattern mirrors the breakout from a prolonged sideways phase that took place eight years ago. This resurgence aligns with the classic technical principle: longer consolidation periods typically result in more significant price movements when they eventually break out. Her post on X highlights this phenomenon, sparking excitement within the crypto community.