Popular Altcoin, Ripple’s XRP Might Repeat History If This Bullish Pattern Holds
- XRP’s past cycles show massive pumps followed similar technical patterns.
- Current setup mirrors 2017 and 2021 before major price surges.
- As long as MAs hold, XRP remains in a potential bull phase.
Something feels different with Ripple’s XRP lately. Not in a hype-filled, moonboy kind of way—but in a real, chart-backed sense. Egrag Crypto dropped some serious insight that’s hard to ignore. The past seems to be echoing loudly, and if this pattern sticks, XRP might be gearing up for a pump that shakes the market. We’re talking gains of 1,000% or even 2,700%. Sounds wild? Not when history already backed it—twice.
The Setup Looks Uncannily Familiar
In the above X post, Egrag Crypto pointed out something most traders missed. Back in 2017, XRP crashed 73% from the local high. That drop led straight to the 200-day moving average (MA). There were a few closes below that line too, with the largest dip hitting 25%. What came next? A jaw-dropping 2,700% explosion. No fluff, just raw data. Fast forward to the 2021 cycle. The same playbook showed up again.
XRP dipped 78%, touched the 200 MA, then closed below it several times. This time, the worst drop reached 42%. And yet, even after that deeper fall, XRP delivered a 1,000% rally. This bullish pattern is backed by two major cycles. Each one started with a sharp crash, followed by a touch of the 200 MA, and multiple breaks under that line. After that? Pure fire.
Why the Current Pattern Feels Like a Spring Loaded Trap
XRP is currently mirroring past market cycles almost perfectly, and one major clue stands out: the 50-day moving average (MA) hasn’t crossed below the 200-day MA yet. Egrag Crypto has emphasized this crucial point—without that bearish crossover, the bull run remains intact. Right now, XRP’s price action is hovering just below the 200-day MA. If it rises towards that level and faces rejection, much like in 2017 and 2021, it could trigger another significant rally.
But don’t mistake that rejection for weakness. Think of it more as a slingshot effect. The tighter the pullback, the stronger the potential rebound. This momentum builds quietly, with no dramatic headlines or legal twists needed. In fact, sometimes history alone speaks louder than anything else. Egrag Crypto summed it up perfectly: “As long as that MA crossover hasn’t happened, we’re still in a bull run.”
So here we are again, on the verge of something monumental. If this pattern holds true, XRP could be on the brink of yet another historic rally. The charts have already whispered this potential, but the only question now is—who’s paying attention to the signals?
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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