- XRP trades at $2.82, holding $2.70–$3.20 range with $169B market cap and steady liquidity.
- Historical rallies show 350% in 2017 and 110% in 2021, with projections aiming for $15–$33.
- Analysts note the Bull Market Support Band holds as long-term structure remains intact above support.
XRP has remained a subject of wide analysis as traders continue to track repeating chart patterns across different cycles. Analysts note that XRP often forms an ascending channel during the last phase of each cycle. This behavior reflects price consolidation or ranging, which is seen as accumulation before a strong upward move.
Ascending Channel and Historical Movements
According to analysis prepared by EGRAG Crypto, research shows that ascending channels statistically break down 57% of the time, while upward breakouts occur only 43% of the time. However, XRP has challenged these probabilities, breaking higher in both 2017 and 2021. Each cycle produced strong rallies that exceeded early expectations.
Historical performance shows clear surges after periods of consolidation. In 2017, XRP advanced by approximately 350% after a retest from the top of the channel. In 2021, it gained about 110% after moving from the channel’s edge. According to EGRAG, this pattern often repeats in the last phase before new all-time highs.
He stated, “Will the third time be the charm? I believe it will.” Looking ahead, if similar percentage moves apply, XRP could reach between $15 and $33 starting from November 27, 2025. Fibonacci extension targets at 1.272 and 1.618 also indicate possible levels near $5.12 and $6.87.
Technical Support and Market Conditions
The Bull Market Support Band (BMSB) acts as a major support on weekly charts. According to an observation by EGRAG Crypto, exceptions like December 2020 during the SEC lawsuit forced XRP temporarily below the band. Yet the asset returned to the ascending channel soon after, preserving its long-term structure.
EGRAG explained that as long as there are no multiple weekly closes beneath the BMSB, strength remains intact. This safeguard continues to provide a reference point for traders monitoring accumulation phases.
Market data from CoinMarketCap shows XRP trading at $2.82, with a $169.04 billion market cap and $7.66 billion daily volume. Holder numbers are recorded at 474.82K, reflecting steady network adoption. Analysts believe that continued liquidity and resilience within the $2.70–$3.20 range supports XRP’s broader cycle outlook.
