XRP Price Shows the Same Pattern That Sparked a 650% Rally
XRP is drawing renewed attention as its chart structure closely mirrors a formation seen in 2024, just before a sharp upward move.
Analysts tracking the altcoin note that the current setup echoes the sequence that preceded that earlier 650% advance.
Why This XRP Setup Looks Familiar to Chart Watchers
At the time of writing, XRP trades near $1.40, up roughly 35% in a month. The token sits well below its 2025 peak near $3.65 but has rebounded from levels below $1.00 earlier this summer.
One technical view, shared by analysts, highlights that XRP has repeated the same pattern observed in 2024 immediately ahead of that rally. The token is outlining a sequence progressing from the $1.10 to $1.00 zone through successive targets at $1.30, $1.90, $2.80 and $3.40.
The analysis frames this as a potential roadmap rather than a guarantee.
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Additional bullish projections draw on Fibonacci levels. One analysis, from trader CW8900, notes that a recent correction bottomed near the 0.5 retracement and that price has since cleared the 0.618 level, with the next extension target cited near $2.13 at the 1.618 Fibonacci level.
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