- XRP’s current trading structure mirrors 2017, where long consolidation phases preceded sharp rallies.
- Key breakout levels remain $2.95, $3.20, and $3.35, with $2.65 serving as a strong support base.
- Institutional inflows and treasury initiatives signal growing support, strengthening XRP’s long-term market outlook.
XRP is showing a trading structure that analysts compare to its 2017 bull run. Market observers note that the longer XRP consolidates, the larger the move that follows. The cryptocurrency is currently trading at $2.84, holding above key support levels and drawing interest from institutional and retail participants alike.
XRP Price Structure Resembles 2017 Rally
According to analysis prepared by CryptoWZRD, XRP’s current pattern mirrors the 2017 bull run. At that time, the token traded in a narrow consolidation range before breaking out sharply to new highs.
Historical data shows that each lengthy base formation has led to stronger rallies once the range ended. The weekly chart from 2014 to 2025 illustrates repeating phases of consolidation and breakout.
Between 2022 and 2024, XRP consolidated in a tight band before climbing in early 2025. The breakout retested resistance near $2.95, which then became support, creating a cycle similar to past rallies. Market cycles indicate that the longer consolidation continues, the stronger the rally that follows.
Key Levels and Institutional Support
According to an observation by analyst Mathew Dixon, XRP remains bullish as long as it trades above $2.65. He identified $3.66 as the potential reward if support holds. The 4-hour chart displayed corrective waves, with $2.6512 serving as a critical base level. Dixon stated that as long as XRPremains above 2.65 it remains Bullish.
Institutional involvement has added further support. VivoPower and Doppler Finance launched a $30 million XRP treasury initiative, with plans to expand to $200 million. This move follows VivoPower’s earlier $100 million purchase of Ripple shares.
At the same time, Coinglass reported $8.41 million of inflows into spot exchanges on September 4, reversing prior outflows. Technical indicators show XRP trading with neutral momentum, as the RSI stands near 45. Traders are watching $2.95 as the breakout trigger toward $3.20 and $3.35. If consolidation holds, analysts suggest a possible extension toward $5.00 in line with prior cycle behavior.
